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 • 278

  • @ChintanCG
    @ChintanCG 4 місяці тому +560

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

    • @mrhumble2937
      @mrhumble2937 4 місяці тому +75

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

    • @mrhumble2937
      @mrhumble2937 4 місяці тому +3

      Like he did with his audio book.

    • @GuessTheSongMS
      @GuessTheSongMS 4 місяці 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 4 місяці тому +18

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

    • @saranshgautam6551
      @saranshgautam6551 4 місяці тому

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

  • @vitomedlej3923
    @vitomedlej3923 4 місяці тому +153

    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 4 місяці тому +325

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

    • @ibrahime3194
      @ibrahime3194 4 місяці тому +20

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

    • @parzival112
      @parzival112 4 місяці тому

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

    • @shuaspak4728
      @shuaspak4728 4 місяці тому +2

      Damn straight

    • @alon403
      @alon403 4 місяці 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 4 місяці тому +510

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

    • @okoduwaclinton4988
      @okoduwaclinton4988 4 місяці тому +17

      Ps: spoiler alert 😢

    • @stuff1784
      @stuff1784 4 місяці тому

      @@okoduwaclinton4988😳

    • @ryancooper3629
      @ryancooper3629 4 місяці тому +75

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

    • @gami2618
      @gami2618 4 місяці тому

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

    • @chillbest14
      @chillbest14 4 місяці тому +2

      Wow seemed like a cool app

  • @ianlister7333
    @ianlister7333 4 місяці тому +103

    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 4 місяці тому +129

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

  • @PracticalPerry
    @PracticalPerry 4 місяці 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 4 місяці 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 4 місяці 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.

  • @Mikivli
    @Mikivli 4 місяці 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 4 місяці тому +1

      Yea can license to them.

    • @GabrielFlies
      @GabrielFlies 4 місяці тому

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

    • @cadriver2570
      @cadriver2570 4 місяці тому +1

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

    • @saranshgautam6551
      @saranshgautam6551 4 місяці 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 4 місяці тому

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

  • @ammaguy3166
    @ammaguy3166 4 місяці тому +24

    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 Місяць тому +2

      Anger management courses are working 😀

  • @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 День тому

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

  • @alon403
    @alon403 10 днів тому +2

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

  • @cuthwulf
    @cuthwulf 4 місяці тому +6

    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.

  • @odysseusnissan
    @odysseusnissan 4 місяці тому +18

    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. 4 місяці тому +25

    All paths lead to Mr. Wonderful!

  • @thomgage7083
    @thomgage7083 4 місяці тому +45

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

    • @pauldavis5665
      @pauldavis5665 4 місяці 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.

  • @sanjuansteve
    @sanjuansteve 4 місяці 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 4 місяці тому +3

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

  • @c.t.p.9821
    @c.t.p.9821 3 місяці тому +2

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

  • @nicholascox9868
    @nicholascox9868 4 місяці тому +2

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

  • @lucaschambers8209
    @lucaschambers8209 4 місяці тому +13

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

  • @hyocca
    @hyocca 3 місяці тому +2

    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

  • @mt9085
    @mt9085 4 місяці тому +9

    20 million valuation!!

  • @nordino8877
    @nordino8877 4 місяці тому +7

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

  • @keithdosik
    @keithdosik 4 місяці тому +36

    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 4 місяці тому +1

      Do you have an attractive sister by any chance?

    • @keithdosik
      @keithdosik 4 місяці тому +2

      @@uggupuggu ahhhh why?

    • @greasyguido
      @greasyguido 4 місяці 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 4 місяці 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 4 місяці тому

      @@keithdosik Reproduction

  • @moogleking
    @moogleking 4 місяці тому +6

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

  • @TheSateef
    @TheSateef 4 місяці тому +42

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

    • @linfordrenno7651
      @linfordrenno7651 4 місяці 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!

  • @ljmagician
    @ljmagician 4 місяці тому +6

    Advertising pitch

  • @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 4 місяці тому +3

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

  • @MissDeal55
    @MissDeal55 4 місяці 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

  • @fireeggkimpaul4758
    @fireeggkimpaul4758 4 місяці тому +1

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

  • @JeevaMj-fq2ec
    @JeevaMj-fq2ec 4 місяці тому +1

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

  • @Arshadunfiltered
    @Arshadunfiltered 4 місяці тому +7

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

    • @yogeshp8542
      @yogeshp8542 2 дні тому

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

  • @iamgroot4080
    @iamgroot4080 4 місяці тому +4

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

  • @TheProphegy
    @TheProphegy 4 місяці тому +2

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

  • @Lion72320
    @Lion72320 4 місяці 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 3 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 3 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 3 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 3 місяці тому

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

  • @nightcrave
    @nightcrave 4 місяці тому +9

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

  • @RealFreshDuke
    @RealFreshDuke 29 днів тому

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

  • @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.

  • @321Fire.
    @321Fire. 4 місяці тому +2

    He came for TV, not a deal

  • @shuaspak4728
    @shuaspak4728 4 місяці тому +1

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

  • @ErrorRaffyline0
    @ErrorRaffyline0 4 місяці тому +2

    Lmao Google Maps would never add such a feature 😂

  • @jib2355
    @jib2355 4 місяці тому +2

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

  • @ramiel007
    @ramiel007 4 місяці тому

    I would fall asleep driving listening to those voices

  • @megative4444
    @megative4444 4 місяці тому +12

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

  • @Otowngolf73
    @Otowngolf73 4 місяці тому

    Walked out with a WOODY 😂

  • @wayneerichsen
    @wayneerichsen 4 місяці тому +1

    Kevin costner is 1 of the founders it says online.

  • @michaelcastro9715
    @michaelcastro9715 4 місяці тому

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

  • @phoneindustrydesign
    @phoneindustrydesign 4 місяці тому

    he's a goooooold diggeeerr!

  • @excelry2155
    @excelry2155 4 місяці тому +9

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

    • @stuff1784
      @stuff1784 4 місяці тому +1

      Yeah, he was super boring.

    • @mylene_b
      @mylene_b 4 місяці тому

      ​@@stuff1784 yes, he's very monotonous

  • @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.

  • @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 🎉

  • @paulreid1480
    @paulreid1480 4 місяці тому

    Never wanted investment but free advertisement

  • @Jazzaconda
    @Jazzaconda 4 місяці 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 4 місяці тому +1

      He thinks he'll get lucky twice 😂

  • @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

  • @jsin4774
    @jsin4774 4 місяці тому +1

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

  • @everestmaher1092
    @everestmaher1092 Місяць тому

    I had this same idea like ten years ago haha

  • @TomCatSwag
    @TomCatSwag 4 місяці тому

    John litdel i want Chuck Liddel !!!

  • @J.J.Redick
    @J.J.Redick 4 місяці тому +1

    if google added this for free id use it lol

  • @patlangan5772
    @patlangan5772 4 місяці тому

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

  • @BhaktiSangeetSagar1
    @BhaktiSangeetSagar1 4 місяці тому

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

  • @brendentyler5228
    @brendentyler5228 3 місяці тому

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

  • @Spoppy90
    @Spoppy90 Місяць тому

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

  • @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.

  • @sayehghaderi9455
    @sayehghaderi9455 Місяць тому

    The background music is too loud 😞

  • @DyNaStYCaRl
    @DyNaStYCaRl 4 місяці 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

  • @nickyboy0468
    @nickyboy0468 3 місяці тому

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

  • @Jazzaconda
    @Jazzaconda 4 місяці 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 !

  • @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.

  • @keithg460
    @keithg460 4 місяці 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.

  • @CanadianDreamer
    @CanadianDreamer 4 місяці тому

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

  • @konradvonmarburg7733
    @konradvonmarburg7733 4 місяці тому

    He absolutely should have taken Kevin's 10%

  • @loristitt65
    @loristitt65 4 місяці тому

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

  • @swapnilshinde2153
    @swapnilshinde2153 4 місяці тому +1

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

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

    phil from modern family lookin ah

  • @TRVPHAUS
    @TRVPHAUS 4 місяці тому

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

  • @markfigueroa1681
    @markfigueroa1681 4 місяці тому

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

  • @sanskrutisiras642
    @sanskrutisiras642 3 місяці тому

    Sheldon..??? 😂😂

  • @ThomasDurham
    @ThomasDurham 4 місяці 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>?

  • @dkidder1367
    @dkidder1367 4 місяці тому

    I wouldn't like a voice narrating while i'm travelling. I'd shut it off and just enjoy the scenery.

  • @oeao2841
    @oeao2841 2 місяці тому

    He didn't say how many investors he has already

  • @keithb8329
    @keithb8329 4 місяці 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.

  • @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

  • @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

  • @danjliv7
    @danjliv7 4 місяці тому

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

  • @iwrk
    @iwrk 4 місяці 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.

  • @thomgage7083
    @thomgage7083 4 місяці тому

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

  • @Jarrod_Gimbergh
    @Jarrod_Gimbergh 4 місяці тому

    Phil Dumphee, the entrepreneur.

  • @etherionbl3034
    @etherionbl3034 4 місяці тому +1

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

  • @steveo7502
    @steveo7502 4 місяці тому

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

  • @mattscott9678
    @mattscott9678 13 днів тому

    Kevin was ready to drop a buck in his lap and he turns it down. Absolutely stupid. Maybe I'll eat my words when google buys him out for 25 mil

  • @ELECTRONICMUSIC12
    @ELECTRONICMUSIC12 4 місяці тому +2

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

  • @HiddenAgendas
    @HiddenAgendas 4 місяці тому

    he didn't want the deal

  • @1whical
    @1whical 4 місяці тому

    He didn't want a deal

  • @DakshJuneja
    @DakshJuneja 4 місяці тому

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

  • @Mattius87
    @Mattius87 4 місяці тому

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

  • @tenslider6722
    @tenslider6722 4 місяці тому

    google will buy it for sure

  • @zznams2426
    @zznams2426 4 місяці тому

    How much is it worth now?....

  • @RachelGibsonRealtor
    @RachelGibsonRealtor 4 місяці тому

    Should of taken Kevin, no brainer!