Coffee Meets Bagel: Shark Tank Updates : Find right right right Here pt.2

Coffee Meets Bagel: Shark Tank Updates : Find right right right Here pt.2

Running the Numbers

After an extraordinary introduction and report about how a item works, the sharks dig in to the monetary information on the dating article application.

  • Month-to-month users: Between 100,000 and 500,000 users
  • Yearly product product sales: $87,000 year that is last $270,000 in very very first five months of current 12 months
  • Projected sales that are annual $1 million for present year; ten dollars million for the following year
  • Consumer purchase price (CAC): $0.30 cents
  • Profit percentage: negative

The siblings refuse to expose a number that is exact of users, that they claim is for competitive reasons, however they are maddeningly obscure with this point.

Read moreCoffee Meets Bagel: Shark Tank Updates : Find right right right Here pt.2