40 ms·
I doubt the part of accepting the money for publicity. I think they get plenty for just being on a nationally syndicated show. (Kudos to them on WSJ and Shark T
by joez 17y ago
I doubt the part of accepting the money for publicity. I think they get plenty for just being on a nationally syndicated show. (Kudos to them on WSJ and Shark Tank) They might have even gotten better publicity for standing firm on their original offer.
http://www.youtube.com/watch?v=SOSfMzwA5C0 http://www.youtube.com/watch?v=SOSfMzwA5C0
They accepted an offer with a 6 month buy out clause so it is possible they never intended on keeping the money.
I just have major doubts about their numbers. The way the founders present them is very suave but thinking deeper in is really questionable.
Other highlights from the show are in:
They had 40% of University of Arizona (about 14k users) in 8th months.
30k revenue in 1 year.
Not exactly a smashing success, but a start. Just a few doubts when examining them deeper.