For fifteen seasons, " Shark Tank " has given interesting the difference between dating and being in a relationship all of entrepreneurs their big break. But what happens when a business snags a coveted deal with one of the "sharks?
But for the vast majority of businesses, success is not guaranteed — especially when dating comes to the app world of social media. Such was the case for the Hater App, which gave people the chance to connect on the basis of what they disliked.
The app allowed users to swipe on over 4, topics.
The rise and fall of Hater
Founder Brendan Alper anchored the app on studies that show humans bond more over what they hate rather than what they like, per CNBC. As singles steadily scour through the best online dating apps to find true love, creating one isn't the worst idea. Haters no matter how many resources go into marketing or development, you can't force people to like an app. Recall the decline of the short-form video app Vine, which despite topping million active users, was disbanded in From trends to fame to canceling, one thing is see more the internet giveth and the internet taketh away.
Despite a new era of digital connections, the Hater App saw a swift downfall within a year. A Wall Street worker turned stand-up comedian, Alper launched Hater after composing a skit where users connected on their dislikes while searching for love on an app. After some nudging from friends, Alper cashed in his k and entire savings to fund the app's development.
Enter "Shark Tank," where Alper pitched Hater to five hard-to-please sharks. At the time, the dating site only had around 10, daily users, per Alper's pitch.
Whatever Happened To The Hater App After Shark Tank?
Dating its launch around Valentine's DayHater raked inusers. Despite receiving over one million downloads at its peak, the app of a dislike-based dating app just didn't stick. After the launch, Alper told CNBC that Hater wasn't making any profit, and aimed to implement advertisements and premium subscriptions by late Unfortunately, these updates never came to fruition.
It is most likely due to this lack of profit that Hater ceased operations. Despite heavy support from Cuban, who even made a real dating profile on the platform, within a year of its launch the app was no longer available.
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Since lateusers are unable to find or download Hater in Apple's app store, and its Twitter page LoveThroughHate has been suspended. Even though Hater was short-lived, Alper is still active in technology entrepreneurship. According to his Twitter page, he is the co-founder of Everblooma cryptocurrency investment platform for YouTube creators. This new venture seems to be finding relative success, with over investors already engaged on the app.
Despite fairytale wins for some brands that have appeared on the reality series, nabbing a deal on "Shark Tank" doesn't guarantee success.
In fact, some entrepreneurs have experienced quite the opposite — inSharks Kevin "Mr. Wonderful" O'Leary and Kevin Harrington haters alleged fraud claims from 20 business owners who made deals on the show.