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The Evolution of Coffee Meets Bagel Headquarters

February 28, 2013/in CMB Updates, Uncategorized /by CMB

Thanks to all the lovely bagels out there, our company is moving on up! Since the launch in April last year, we have found ourselves in many different offices in order to accomodate our growing size. And today for the fourth time, we have moved offices!
As a keepsake, let’s take a look at our past working spaces…
1. This was where it all began, in an open lab!
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2. Then we moved to an office fit for three.
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3. As things started to kick-off, we moved to an office space fit for five! Hey look it’s Soo and Adam!
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And now, for the moment we’ve all been waiting for…
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Ain’t it pretty? The new office allows for a lot of space and is big enough to fit our 8-person Coffee Meets Bagel team! And we finally have windows. Yay for Coffee Meets Bagel!
Thank you all for the support!

Referrals: The best product validation?

March 8, 2012/in CMB Says, From the founders /by CMB

It’s been 3 weeks since our launch on Valentine’s day! I’m so thrilled to see this community grow over time. I’ve gotten to know some of them personally and though I have never really met anyone in person, I already feel as though I know some of them. This is a great platform for US to meet new people too!
I wanted to make sure that I keep our community updated on our progress. One important metric that we have been following is the number of referrals we’re getting from our existing members. Because we are still in private beta, our community has been growing  organically through word-of-mouth. It’s been extraordinary to see how many referrals we have been getting!
About 40% of our members (both approved and those waiting to be approved) have referred us to at least one of their friends. On average, they invited 5.7 friends! Honestly, I don’t have other benchmarks to understand where this stands. Is it off the chart? or standard among online products? I can bet that it’s pretty darn high for any social dating services. I tend to be very picky with products I recommend to my friends, so I appreciate deeply that our members have been so proactively sharing and talking about us with their friends.
I am following up to see how these numbers differ by gender. I have a sneaky suspicion that our female users have been much more active in referring us than our male members but that is a yet to be proven! Guys, please prove me wrong!
I want to take this opportunity to thank our members again for being our early users, fans, and advocates! We will do our best to keep up with our promise to bring fun and ease back to your social life.
Best,
CMB team

Starting a Tech Company without a Tech Partner

March 7, 2012/in CMB Says, From the founders /by CMB

Our first post on Women 2.0! I wrote a few words to share my experience starting a tech-based company without a tech partner. I hope this will be helpful to you and please feel free to reach out @arumkang for questions.
How to Start a Tech Company Without a Tech Partner

Don’t Waste Time.

December 2, 2011/in CMB Says, From the founders /by CMB

I read this several weeks ago but I really like it and have been thinking about it a lot so want to post it here for a reminder for myself.
It’s a post by Jason Freedman. You can read it here.
I often get distracted and think about all kinds of things that I need to look into, like talking to investors, getting terms and conditions right, making connections etc. That’s all you read in the startup world online so it makes me nervous that I might not be spending enough time doing that. But honestly, Jason is right. Customers don’t care how you build the product—they care about the product. So let’s focus on that.
I also realized that when people tell me “you need to be out there and talking to potential investors”—there are different degrees of “talking” that you can do. For example, our product is not out yet so I’m very hesitant about talking to anyone that I don’t know about the business in details. I often struggle with how much information I should reveal, and whenever I politely give a vague-enough answer, I end up feeling a bit awkward. But the more I engaged in such conversation, the more I realized that people are often okay with this vague answer, and there are still a lot of critical feedback that I can get from talking generally about industry problems and solutions.
So by “talking to investors” it’s not necessarily that you talk to them or pitch to them about your business. It’s talking to them about your interest, your passion, your industry, your insights etc. And just being around to keep yourself familiar in the scene. That’s what it is.
Even as I write this, it is still somewhat hard for me to “talk” to strangers at networking events without being able to really “talk” to them about my product. But it’s definitely more clear now.

Importance of advisor

December 2, 2011/in CMB Says, From the founders /by CMB

I met with my old professor this week to show him and discuss with him about Coffee Meets Bagel. To be honest, I have been wanting to talk to him for a while but just kept putting it off for one reason or another, mostly being “I need to show him a better version” “when I’m ready” etc. The 20 minutes I had with him frankly was one of the most valuable feedback I have gotten so far from anyone about this product. And frankly some of the points he made, I sooo wished I had gotten them 2 months ago. So here are some reflection:

Reflection 1: Advisors can add tremendous value. And I don’t mean Board of Advisors or formal Mentors etc. In fact, the word ‘advisor’ might not even the right word in this context. When I say advisor, I mean just people with real knowledge and experience relating to your business. It could be a professor who has done a lot of research in this area, entrepreneur who has gone through it, or a smart friend who uses similar product and who has thought about the industry etc. And all you really need is 15-20 minutes. Phone/In-person whatever doesn’t matter.

Reflection 2: Just ask. And early. I have to admit, this one is a little harder for me to followup. I suck at asking. I’m happy to help anyone so I don’t know why I suck at asking but I think this is a function of how I grew up—extremely independently. Anyway, just ask. Just ask. Don’t be afraid to ask. I have to remind myself of this. 

The best thing of course that happened from the meeting is that he LOVED our product! :) Can’t wait to get it out.

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