Is Autio a Credible App or Just a Feature? | Shark Tank US | Shark Tank Global

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  • Опубліковано 19 січ 2024
  • Woody Sears is seeking $1M for 5% of his company Autio, an audio stoytelling app that will tell stories based on your a GPS location.
    From Season 14 Episode 21
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    Is Autio a Credible App or Just a Feature? | Shark Tank US | Shark Tank Global
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КОМЕНТАРІ • 285

  • @ChintanCG
    @ChintanCG 5 місяців тому +567

    Mark is right. if this gains traction , Google maps can easily add the feature along with some advertising to pay for it

    • @mrhumble2937
      @mrhumble2937 5 місяців тому +77

      Lot of work. Maybe Google would buy it from them.

    • @mrhumble2937
      @mrhumble2937 5 місяців тому +5

      Like he did with his audio book.

    • @GuessTheSongMS
      @GuessTheSongMS 5 місяців тому

      Google might pay $1M for it. And then shut it down a few years later when they realize no one uses it.

    • @Skillpointer10
      @Skillpointer10 5 місяців тому +19

      Thats Marks excuses on every app which is pitched in shark tank so he doesn’t have to invest

    • @saranshgautam6551
      @saranshgautam6551 5 місяців тому

      Google won't add a paid subscription service to Gmaps. That goes against their free service vibe

  • @vitomedlej3923
    @vitomedlej3923 5 місяців тому +157

    Can we take a moment and appreciate Kevin's negotiation skills? Gave a perfect answer to why he would add great value

  • @user-pm9yj6cz1s
    @user-pm9yj6cz1s 5 місяців тому +330

    Kevin made a great offer, the guy just came to shark tank for the promo.

    • @ibrahime3194
      @ibrahime3194 5 місяців тому +20

      Exactly what I was thinking. He wasn’t there to get a shark deal. He’s just advertising.

    • @parzival112
      @parzival112 5 місяців тому

      @@ibrahime3194 Yeah, and even if he did, any shark that made that deal would be WAYYYY overpaying for that little app!

    • @shuaspak4728
      @shuaspak4728 5 місяців тому +2

      Damn straight

    • @alon403
      @alon403 5 місяців тому +7

      you can honestly say that for every entrepreneur who had an offer but didn't take, whether or not the deal is great really comes down to the entrepreneur himself given he knows his business inside out

    • @thekio7983
      @thekio7983 4 місяці тому +4

      Not necessarily, since the production team of shark tank shoots many segments and only few of them air and if you don't make a deal it's not guaranteed that your segment will air, so refusing a deal makes your part much less likely to air and the entrepreneurs know about this.

  • @ryancooper3629
    @ryancooper3629 5 місяців тому +516

    Kevin dodged a bullet, he would have never got his money back out of this.

    • @okoduwaclinton4988
      @okoduwaclinton4988 5 місяців тому +17

      Ps: spoiler alert 😢

    • @stuff1784
      @stuff1784 5 місяців тому

      @@okoduwaclinton4988😳

    • @ryancooper3629
      @ryancooper3629 5 місяців тому +75

      @@okoduwaclinton4988 Consider watching the video before reading comments on it...

    • @gami2618
      @gami2618 5 місяців тому

      ​@@okoduwaclinton4988who gives a fk bro? Just watch it.

    • @chillbest14
      @chillbest14 5 місяців тому +2

      Wow seemed like a cool app

  • @ianlister7333
    @ianlister7333 5 місяців тому +106

    a RARE pitch, where Kevin is actually being reasonable. However this does feel more like an add on to another product. His best bet is to be sold to Google or Garmin, he certainly seems to have something to offer them (celeb read stories)

    • @romakutubidze3097
      @romakutubidze3097 3 місяці тому +4

      No way google buys that.they will create their own. I don't think this guy's app code can be worth investable for google

  • @Mokarney
    @Mokarney 5 місяців тому +130

    Dude wasn’t here for an offer. He just wanted the free publicity.

  • @PracticalPerry
    @PracticalPerry 5 місяців тому +115

    I would have taken Kevin's offer at 10%, which is a real good offer esp. coming from Kevin. Kevin could help him blow this thing up, and Kevin would indeed be a great narrator himself.

    • @fireeggkimpaul4758
      @fireeggkimpaul4758 5 місяців тому +16

      Yupp. Kevin could also add in Greek & Roman mythogy options if he were to go international(Italy and Greece?!)

    • @juligreenspan6007
      @juligreenspan6007 4 місяці тому +4

      I agree. Kevin would add a lot of value.

    • @easterbasket9688
      @easterbasket9688 4 місяці тому +1

      Gotta factor in the other investors who probably also own equity.

  • @katlis
    @katlis 5 місяців тому +58

    How many people are doing road trips across multiple states often, to justify paying ~$40/yr to hear Kevin Costner interrupting my driving music/podcast to tell me facts about Montana? Extremely niche app.

    • @noahjames1985
      @noahjames1985 5 днів тому

      Yeah I feel like summer family road trips are a thing of the past.

  • @ammaguy3166
    @ammaguy3166 5 місяців тому +25

    Kevin didn’t say you’re dead to me when he didn’t take his deal. He instead said thank you I appreciate it 😮

    • @OAG28
      @OAG28 2 місяці тому +2

      Anger management courses are working 😀

  • @Mikivli
    @Mikivli 5 місяців тому +78

    I can see this being used in google maps with a history fact when you’re road tripping sort of when you make it to a state. google says “welcome to Kansas” (could be a toggled feature road trip mode)

    • @mrhumble2937
      @mrhumble2937 5 місяців тому +1

      Yea can license to them.

    • @GabrielFlies
      @GabrielFlies 5 місяців тому

      @@mrhumble2937except Google will use their data and AI voices to narrate, they will not need them at all

    • @cadriver2570
      @cadriver2570 5 місяців тому +1

      They are so slow to make changes to maps. It would take years, if ever.

    • @saranshgautam6551
      @saranshgautam6551 5 місяців тому +1

      Google will never add a complete subscription based story telling app to Gmap though. That's not the vibe of google maps

    • @saranshgautam6551
      @saranshgautam6551 5 місяців тому

      Google will never add a complete subscription based story telling app to Gmap though. That's not the vibe of google maps

  • @cuthwulf
    @cuthwulf 4 місяці тому +8

    I give that 5 “stories” before the average customer is like “turn this off!”. The inventor is forgetting one thing about tours, you spend half your time wishing the guide talked less and didn’t rush you through.

  • @ryanra44
    @ryanra44 4 місяці тому +7

    Can’t I just go”hey Siri. Tell me about about the place I am driving through” done . Free

    • @sws212
      @sws212 7 днів тому

      You would just get bland generic facts. The whole appeal is the company behind it supposedly makes better podcast level content.

    • @noahjames1985
      @noahjames1985 5 днів тому

      @@sws212 but they didn't really play much of any story...how do we know if they are any good? What if they are really boring?

  • @alon403
    @alon403 16 днів тому +3

    Calmest Tank ever during a pitch no screaming no talking over each other, this guy controlled the atmosphere well

  • @odysseusnissan
    @odysseusnissan 5 місяців тому +19

    I think Kevins offer of 10% was very fair...but the guy already had investors at a higher value and that would of caused major problems.

  • @Thomas.S.
    @Thomas.S. 5 місяців тому +25

    All paths lead to Mr. Wonderful!

  • @thomgage7083
    @thomgage7083 5 місяців тому +45

    The stories are evenly distributed, but you'll have more in urban areas.
    That's not evenly distributed.

    • @pauldavis5665
      @pauldavis5665 5 місяців тому +7

      Evenly distributed based on how many stories are able to be told about that particular area. It's not his fault if in the middle of nowhere there are not many stories to be told.

  • @c.t.p.9821
    @c.t.p.9821 3 місяці тому +3

    It's like one of those self guided headset things they give you at museums...

  • @TheSateef
    @TheSateef 5 місяців тому +42

    $1M and 15000 subscribers. LOL. i wouldn't use this if it was free

    • @linfordrenno7651
      @linfordrenno7651 5 місяців тому +3

      That’s you…. I love this idea but Google Maps could use this…. I think google maps needs to get just a little more user friendly and detailed but I think it could add this on there

    • @jonah.donohue
      @jonah.donohue 3 місяці тому

      That’s you!

    • @noahjames1985
      @noahjames1985 5 днів тому

      ...Looks like he's got 15002 now

  • @keithdosik
    @keithdosik 5 місяців тому +37

    I can’t think of anyone who would actually use this. Idk when I’m on a road trip I rather listen to music or podcast

    • @uggupuggu
      @uggupuggu 5 місяців тому +1

      Do you have an attractive sister by any chance?

    • @keithdosik
      @keithdosik 5 місяців тому +2

      @@uggupuggu ahhhh why?

    • @greasyguido
      @greasyguido 5 місяців тому +3

      I would say it's primarily for families. I wouldn't want to be travelling with my friends talking about god knows what to be randomly interrupted with a fact about horse drawn carriages.

    • @tgo007
      @tgo007 5 місяців тому

      I think there's some value there but I think it's niche. I do think the play is sell to google or waze. I think it's a feature and you get a notification about the story then you can choose to listen to it on top of maps.

    • @uggupuggu
      @uggupuggu 5 місяців тому

      @@keithdosik Reproduction

  • @sanjuansteve
    @sanjuansteve 5 місяців тому +40

    $210k in sales last year with a $20M valuation? hahaha
    Even it he has a $2M current run rate, $20M is a 10x valuation...

    • @uddhavramgolam9743
      @uddhavramgolam9743 5 місяців тому +3

      He raised money 3.2 million dollars he cannot put his valuation he wants but that of investors too

  • @hyocca
    @hyocca 3 місяці тому +3

    It's all about photo taking and chatting with your friends/partner whenever you are traveling. Standing aside listening to the story for awhile seems rare. Good luck to him

  • @nicholascox9868
    @nicholascox9868 4 місяці тому +3

    Barbara: I don’t use WiFi for that reason I’m out

  • @lucaschambers8209
    @lucaschambers8209 5 місяців тому +13

    Take the ten percent deal. Your lucky Kevin was actually being nice today.

  • @moogleking
    @moogleking 5 місяців тому +7

    Lol he didn't want an offer he came for the publicity

  • @nordino8877
    @nordino8877 5 місяців тому +7

    I can see an AI based company building a competitor soon for less than 100K and a lot lower operating costs.

  • @mt9085
    @mt9085 5 місяців тому +9

    20 million valuation!!

  • @somtodavis5820
    @somtodavis5820 4 місяці тому

    Notice how the most played part of the video was when he was stating his ask.
    That valuation is crazy!!

  • @davida472
    @davida472 5 місяців тому +3

    He came in asking for ONE MILLION DOLLARS like he was Dr.Evil.

  • @Arshadunfiltered
    @Arshadunfiltered 5 місяців тому +7

    We all know that he was just here for marketing! well done buddy

    • @yogeshp8542
      @yogeshp8542 8 днів тому

      Don't think ut will help much. It is a crap idea.

  • @ljmagician
    @ljmagician 5 місяців тому +6

    Advertising pitch

  • @fireeggkimpaul4758
    @fireeggkimpaul4758 5 місяців тому +1

    Could also add nearby gift shop locations to help boost(??) the sales of local stores. Hmm. 🤔

  • @nightcrave
    @nightcrave 5 місяців тому +9

    Smh Autio didn't come to get a deal just publicity

  • @iamgroot4080
    @iamgroot4080 4 місяці тому +4

    Great product. It's booming on the store... 1000 downloads! Amazing stuff

  • @MissDeal55
    @MissDeal55 5 місяців тому +24

    So weird, I got this app a couple months ago and it’s great. I had no idea it was on Shark Tank

  • @JeevaMj-fq2ec
    @JeevaMj-fq2ec 5 місяців тому +1

    The Face : smiles
    The Mind : Only Advertising! Not a deal

  • @Amm17ar
    @Amm17ar 4 місяці тому +1

    Does it work along with music? It would be annoying to sit in silence because you can only use the app if your music isnt playing. I think Robert was right. Id be down for this if it came with Sirus XM or something that came with the car. I love traveling and driving too, but Im not paying for it. Also it would be better if when you put in your destination it pre-downloaded stories along your route and played when those points came up in your trip, than solely relying on a data connection. You tend to lose signal and that would be a helpful way to ensure you get your monies worth even without signal.

  • @TheProphegy
    @TheProphegy 4 місяці тому +2

    Free advertisement for the app. He just wanted all the downloads from being on the show.

  • @321Fire.
    @321Fire. 5 місяців тому +2

    He came for TV, not a deal

  • @jib2355
    @jib2355 5 місяців тому +2

    He gave some wiggle room and stuck to his guns. I hope his business gains success

  • @Otowngolf73
    @Otowngolf73 4 місяці тому

    Walked out with a WOODY 😂

  • @ErrorRaffyline0
    @ErrorRaffyline0 5 місяців тому +2

    Lmao Google Maps would never add such a feature 😂

  • @Lion72320
    @Lion72320 5 місяців тому +16

    Just checked on the play store, this app only has 1k downloads.. not 500k

    • @dardar5511
      @dardar5511 4 місяці тому

      Where do you see downloads?

    • @ItsxMagiicGaming
      @ItsxMagiicGaming 4 місяці тому +1

      Bro what? The app in the app store has 3,900 ratings alone def has way more than 1k downloads 😂. Dont know what you were looking at. And it is also on google play.

    • @Lion72320
      @Lion72320 4 місяці тому +2

      Google play store still says 1000 downloads with 29 reviews... I guess the remaining 499,000 downloads are all on the app store then. 😂

    • @Lion72320
      @Lion72320 4 місяці тому +1

      @@ItsxMagiicGaming Google play store still says 1000 downloads with 29 reviews... I guess the remaining 499,000 downloads are all on the app store then. 😂

    • @ItsxMagiicGaming
      @ItsxMagiicGaming 4 місяці тому

      @@Lion72320 lmao wouldnt be surprised. Also wouldnt be surprised if the guy inflated his numbers to created hype for the viewer lol

  • @shuaspak4728
    @shuaspak4728 5 місяців тому +1

    The guy did not want to make a deal he wanted a commercial

  • @wayneerichsen
    @wayneerichsen 5 місяців тому +1

    Kevin costner is 1 of the founders it says online.

  • @ramiel007
    @ramiel007 5 місяців тому

    I would fall asleep driving listening to those voices

  • @excelry2155
    @excelry2155 5 місяців тому +9

    This is just a feature for sure, and it was pitched very poorly. SMH

    • @stuff1784
      @stuff1784 5 місяців тому +1

      Yeah, he was super boring.

    • @mylene_b
      @mylene_b 5 місяців тому

      ​@@stuff1784 yes, he's very monotonous

  • @RealFreshDuke
    @RealFreshDuke Місяць тому

    Kevin willing to pay 1 million for 10% is crazy. The guy not taking it is insane.

  • @michaelcastro9715
    @michaelcastro9715 5 місяців тому

    Google maps were you on the next future of audio they really need to add it to maps

  • @jameshunsucker2147
    @jameshunsucker2147 4 місяці тому

    This guys whole strat is acquisition. Yes google could add this and do all the work, hire all the prolific voices, or just buy these guys and integrate. He didn't need a deal honestly the free advertising is his best value and if he can get a shark involved it would be the icing on the cake.

    • @pieter1234569
      @pieter1234569 3 місяці тому

      Which doesn't work. Here the only thing of any value is the idea, which isn't protected. Google indeed could just copy this and release their BETTER version for about 50k with most of that being in hiring some interesting people to voice it. And then you have a better, low priced version, of this you cannot possibly compete with.

  • @megative4444
    @megative4444 5 місяців тому +12

    That guy was so confident. And stood his point. I like it.

  • @phoneindustrydesign
    @phoneindustrydesign 5 місяців тому

    he's a goooooold diggeeerr!

  • @BhaktiSangeetSagar1
    @BhaktiSangeetSagar1 5 місяців тому

    This feels like they will make millions out of this app!

  • @paulreid1480
    @paulreid1480 5 місяців тому

    Never wanted investment but free advertisement

  • @imsupercereal
    @imsupercereal Місяць тому

    My only problem is when people say “cutting down on screen time” and then have an app and the only way to use it. Is with a screen 😂 besides that it seems ok to me. Also, glad to see another Santa Barbian 🎉

  • @Jazzaconda
    @Jazzaconda 5 місяців тому +1

    He just said his pervious company in the same field, 'Was aquired"! "Mr Wonderful" never asked, how much for! somethings up

    • @mylene_b
      @mylene_b 5 місяців тому +1

      He thinks he'll get lucky twice 😂

  • @J.J.Redick
    @J.J.Redick 5 місяців тому +1

    if google added this for free id use it lol

  • @Jazzaconda
    @Jazzaconda 5 місяців тому

    @1:00, I'll bet for 100% of the company, that the photo's shown here. Are of, Aoraki / Mount Cook, New Zealand! Will pay an 87.5% Royalty !

  • @CanadianDreamer
    @CanadianDreamer 4 місяці тому

    Why cant you just google each town or city you are in???

  • @patlangan5772
    @patlangan5772 4 місяці тому

    I saw potential, plug in advertising for eating and hotels.

  • @TomCatSwag
    @TomCatSwag 4 місяці тому

    John litdel i want Chuck Liddel !!!

  • @everestmaher1092
    @everestmaher1092 Місяць тому

    I had this same idea like ten years ago haha

  • @swapnilshinde2153
    @swapnilshinde2153 5 місяців тому +1

    He did not want the money lol. 15000 users 20 Mil valuation this is senseless.

  • @ambassadoroftruth99
    @ambassadoroftruth99 4 місяці тому

    The Autio guy should have taken the deal at 10%. Kevin will be working/helping to make this a success, not simply investing.

  • @jsin4774
    @jsin4774 5 місяців тому +1

    $20 million evaluation for something Google can implement by itself. Disgusting.

  • @loristitt65
    @loristitt65 4 місяці тому

    HOW ABOUT SOME NEW EPISODES?? This is 2024!!

  • @mahliamay9029
    @mahliamay9029 4 місяці тому

    A lot times people don’t have to make money for them to get there returns once you get traction and sell out to the big guys for a massive sum then you do

  • @sayehghaderi9455
    @sayehghaderi9455 Місяць тому

    The background music is too loud 😞

  • @konradvonmarburg7733
    @konradvonmarburg7733 4 місяці тому

    He absolutely should have taken Kevin's 10%

  • @Romeo370Z
    @Romeo370Z 4 місяці тому

    You can honestly just listen to a podcast or interview while driving and it would be pretty much the same thing.

  • @nickyboy0468
    @nickyboy0468 3 місяці тому

    The moment he said 1 mil for 5% i knew he was here for free advertising

  • @ParissaKhoury
    @ParissaKhoury 2 місяці тому

    He should've accepted Kevin's offer. Kevin literally NEVER makes million dollar offers unless its something to do with wine business

  • @DyNaStYCaRl
    @DyNaStYCaRl 5 місяців тому +1

    He didn't want a deal. Nobody comes in looking for 1 million 5% and expects to get it
    Just wanted the publicity

  • @sanskrutisiras642
    @sanskrutisiras642 3 місяці тому

    Sheldon..??? 😂😂

  • @user-bh2qu9hz7s
    @user-bh2qu9hz7s 4 місяці тому

    phil from modern family lookin ah

  • @keithg460
    @keithg460 5 місяців тому +2

    Kevin never meets someone in the middle like that. He must love this.
    And this guy wasted the opportunity. Lousy evaluation.
    He was there for publicity for sure.

  • @brendentyler5228
    @brendentyler5228 3 місяці тому

    It will be a sad day when google sees this and just adds it like mark said

  • @markfigueroa1681
    @markfigueroa1681 4 місяці тому

    No one in their right mind is going to pay nor renew

  • @TRVPHAUS
    @TRVPHAUS 5 місяців тому

    "taking a break from screens" bruh you literally are presenting on a screen, wdf you mean?

  • @oeao2841
    @oeao2841 3 місяці тому

    He didn't say how many investors he has already

  • @Jarrod_Gimbergh
    @Jarrod_Gimbergh 5 місяців тому

    Phil Dumphee, the entrepreneur.

  • @Spoppy90
    @Spoppy90 Місяць тому

    Yeah, mark was correct, google maps can easily crush this like a bug

  • @iwrk
    @iwrk 5 місяців тому +2

    I wonder at what valuation the company will eventually be sold at. I think Kevin should have taken the 5% plus 2% advisory shares deal.

  • @zznams2426
    @zznams2426 5 місяців тому

    How much is it worth now?....

  • @ThomasDurham
    @ThomasDurham 5 місяців тому

    He came for marketing

  • @rangerjoe2061
    @rangerjoe2061 4 місяці тому +2

    He just wanted the exposure on Tv

    • @Yu_Wei
      @Yu_Wei Місяць тому +1

      is he wrong for that lol>?

  • @thomgage7083
    @thomgage7083 5 місяців тому

    9,000 stories for 50 states. That's 45 for each state. Sounds like a lot of dead time.

  • @danjliv7
    @danjliv7 4 місяці тому

    How is the audio on these episodes so bad? Like seriously? That intro nearly blew out my hearing.

  • @steveo7502
    @steveo7502 4 місяці тому

    With AI, all those famous stars could be replicated anyway. Don't see how this would take off

  • @DakshJuneja
    @DakshJuneja 4 місяці тому

    He will eventually sell it off to an even bigger audio company

  • @keithb8329
    @keithb8329 5 місяців тому +5

    Ok, i respect this man for sticking to his 7 percent ask but why don't most entrepreneurs see the value the sharks bring. Greed is the answer. That 10 percent valuation could take him way further than his 7 percent valuation. He could be rich and he turned it down.

  • @chichinjoku9913
    @chichinjoku9913 5 місяців тому +2

    Wonder if they have patent on this?

    • @WindRipples-
      @WindRipples- 5 місяців тому +5

      On what? Telling a story? lmaoo

    • @chichinjoku9913
      @chichinjoku9913 5 місяців тому

      On A detection device for detecting the presence of a speed detection system, red light camera, or other electronic surveillance means. The device includes a display means whereby the graphical and audible presentation changes from the non alert condition to the alert condition in accordance to a user selectable choice of options, thereby increasing awareness to the surveillance threat.
      *****They actually have 7 applications for patent**** 5 have been granted since 2011.
      So to answer the question -Yes! And Good for them. The company is profitable currently.

  • @etherionbl3034
    @etherionbl3034 5 місяців тому +1

    Would gladly boycott this garbage app. Clearly here for free time.

  • @ELECTRONICMUSIC12
    @ELECTRONICMUSIC12 5 місяців тому +2

    That guy was a tool I'm glad he didn't get Kevin's money

  • @EasyRider247
    @EasyRider247 4 місяці тому +2

    Guy looks like his night secret hobby is slashing people to pieces and freezing the parts
    Give him a suit and he’s Patrick Bateman’s cousin

  • @doowroh
    @doowroh 4 місяці тому

    Makes me laugh when people think an award like a "webby" is actually meaningful or worth something.

  • @Mattius87
    @Mattius87 4 місяці тому

    Barbara - I don't have 1 million dollars left to give you so for that reason, I'm out

  • @RachelGibsonRealtor
    @RachelGibsonRealtor 4 місяці тому

    Should of taken Kevin, no brainer!

  • @ramonjando9808
    @ramonjando9808 5 місяців тому

    His net worth is 20m right now

  • @Yessirdo
    @Yessirdo 5 місяців тому

    A mill for 5% 😂

  • @tenslider6722
    @tenslider6722 4 місяці тому

    google will buy it for sure