Wednesday, August 31, 2016

Perhaps, as predicted, CoffeeMeetsBagel (CMB), to run out of money and close soon?

    The app is not yet profitable but COO said the app is now seeing a double digit monthly revenue growth.
(My bet: It will never be profitable)
    CMB plans to expand into China and Korea. (They could also launch in Mars or the Moon, will be the same as China and Korea)

Please remember, the USD 30 Million offer from Mark Cuban at SharkTank was only as a joke. Cuban was not interested at all in CoffeeMeetsBagel (CMB) because he had previously funded another competitor called Courtem.
Stupid Investors' series: Today Coffee Meets Bagel (CMB)

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