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Inside Relationships App Hater’s Shark Container Deal With Level Cuban

Inside Relationships App Hater’s Shark Container Deal With Level Cuban

Hater’s Brandon Alper pitches the sharks.

Latest Valentine’s Day, Goldman Sachs alum Brendan Alper, 30, founded their brand new online dating application, Hater, which suits folk based on whatever they dislike instead of whatever they like. Customers can swipe on tens of thousands of topics, from Kim Jong-un to ketchup on hot dogs. The app’s formulas recommend by far the most suitable fits. On a segment of ABC’s strike companies pitch program Shark Tank that aired November 26, Alper struck a package with tag Cuban. The billionaire Dallas Mavericks manager pledged to get $200,000 in return for a 10per cent risk for the company, valuing Hater at $2 million. Before the program taped, Alper got lifted $500,000 from a venture firm also known as pleasing money, which purchased a 12.5per cent stake, valuing the firm at double the amount. Based in London and Stockholm, nice funds was run from the founders of company behind the hit cellular games chocolate Crush. Within this interview, that has been modified and condensed, Alper covers his contrarian way of matchmaking, just how difficult it absolutely was to pitch into sharks and just why he ended up selling a stake to Cuban at a bargain speed.

Susan Adams: just what did you perform if your wanting to started Hater?

Brendan Alper: I finished from Brown and gone straight away to Goldman Sachs but I rapidly noticed it wasn’t the life i desired, are a cog during the maker. Six years in, we upset the guts to give up and decided to come to be a comedy publisher.

Adams: exactly how did conducive to Hater?

Alper: We can type the order. Group typically respond to a couple of hundred each. We are able to market specific ones at the top.