Why I Turned Down $30 Million From Mark Cuban
“Single women are tired of signing up for dating websites only to get hit on by creepy strangers bombarding them with disgusting messages.”
“We see this business growing as a big as Match. They’re becoming a billion-dollar-revenue company, and we think this model and the product has potential to be as big as Match.”
A ton! My dad is an entrepreneur himself. He actually started his own business with his brother. So it’s very similar to the steps they’re following. Growing up, we watched him putting so much passion and effort into his business, which is in a commodity space back in Korea. It was very inspiring to see that growing up. So we knew from very early on that we wanted to follow his footsteps and create something out of nothing. When that time came, we decided to take the punch in the entrepreneurial space, and he was always very, very supportive. Typically for parents, when they see their kids quitting their high-paying jobs and trying to do something risky, it’s not something that every parent would approve or support. But my dad was very supportive of our decision even though he knew it was risky. He told us, “This is something you should try and you should just go for it.” Having his support on our decision meant a lot to us.
Oh yeah, we fight all the time! [laughs] In fact, one of the concerns my dad raised when we told him that we were going to start a business together was that we fight too much.