Exclusive Game Software Piques Sharks Interest | Shark Tank AUS
ฝัง
- เผยแพร่เมื่อ 8 ส.ค. 2019
- Jonny and Tony from Gamify come into the Tank and make a splash. Their gamification business makes branded, personalized video games for companies and they’re here asking us for 200k for 10% of their business. With some big names under their belt including KFC and Air New Zealand, they have created a software system that allows them to quickly make video games that can easily interact with customers. Gamification is pretty big right now in the marketing realms - will the Sharks agree?
Company Website: www.gamify.com/
An international sensation, Shark Tank AUS features entrepreneurs pitching for investment in the Tank from our Sharks, five venture capitalists willing to invest their own money in exchange for equity.
As Seen On Shark Tank Australia Products: amzn.to/2ZJBbyf
Shark Tank US Products Collection: amzn.to/3bMNjmI
#SharkTank #TheSharkTankGame #CuttingEdgeTech
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Jonny might be the face/voice (based on equity), but Tony was the heart. It was nice of Jonny to leave the final decision to Tony though. Good partnership.
@@OOXHattoriHanzoXOO I certainly would, the other fella is just a money man, the only thing he brings to the table is money and the connections he can/has purchased with it.
The business world is full to bursting with these got-rich-quick/trust fund VC’s who think that having millions of dollars means you’re worth millions of dollars-in reality folks get lucky all the time, getting a pile of cash is no verification of a person’s business acumen. Tony built something, johnny just has the money. That’s an important part of business, to be sure, but it certainly does not qualify their business savvy. Quite the opposite, actually, as usually the money people are quite out of touch with consumer desires-they probably couldn’t tell you what a gallon of milk costs
I think Jonny tried to slide Tony under the bus with that 20%. "Subject to due diligence that it's vetted it would get to $50 Million" you could get a lot better than 20%. Hurts Jonny too but at this point the whole company has to be sold for Tony to make anything significant.
In effect they would both have needed to agree for it to work (31.5% plus 20% = 51.5%, which is enough to pass an Ordinary Resolution to issue fresh shares to Janine - assuming that an OR is the correct mechanism for that - without having to rely on other existing shareholders’ support).
“So we basically make bespoke branded knock-off versions of fruit ninja”
ikr
Yeah I wish they dug into this a bit more - like what really is their product, how is it distinguished in the marketplace, or are all of their clients' games as generic as the example for the show?
He goes from having goggles, to not having them, to having them again in about 3 camera cuts.
For that reason, I'm out.
๖Cloud 🤣🤣🤣
😂😂😂😂😂😂😂😂🤦♂️🤦♂️🤦♂️
A rookie editing error. Maybe they had the work experience kid do the editing that week.
@@df6597 ...obviously.
@bitterman co really dude?
The guy on the left was gonna yeet this dude's company away 😂
He already did 🤣51% all for him
Are we not gonna talk about this guys hair lmao
@@hrxmotive8311 ok snow flake
its a pretty tame hairdo by todays standards tbh.
09:35 "that's a bit of a haircut"
HAHAHAHA
@@hrxmotive8311 couldn't agree with you more.
I NEVER NOTICED HOW CUT TOGETHER THIS SHOW WAS UNTIL 1:16
SCUBA GEAR ON
THEN SCUBA GEAR OFF
THENNN SCUBA GEAR BACK ON
LMAO 😂
they make the entrepreneurs look as stupid as possible and create so much fake stalling and tension its ridiculous
Man teleporting scuba gear now theres a product
Yeah. I didn't noticed that when I watched it. Haha
Lmao 😆
Just passing on a message from Jenny, she said she's out!
LOOOOOL
😂😂😂😂😂😂😂😂😂😂😂
Hahahahaha hahaha thanks for the memo
hahahaha
Whats new
Her point at the end was spot on. The litle guy was in it to say he made a deal and he was wiling to screw the other shareholders to get one. Bravo Tony for staying strong.!!
I think Naomi actually provided the best offer/path here. Expressing interest in being a customer to test out the effectiveness, and potentially investing after that. Not as dramatic as if the deal was struck on TV, but probably a much better idea.
neeneko
12 days ago
I think Naomi actually provided the best offer/path here. Expressing interest in being a customer to test out the effectiveness, and potentially investing after that. Not as dramatic as if the deal was struck on TV, but probably a much better idea.
I agree.
The editors on this show are hilarious.
thank you for saying it. 100%, these cuts are wilding.
Good on him, 25% for 200k was a crappy offer.
I have no clue how these sharks are successful, I have no idea who would want to buy anything from them.
not really! gamify.com is still essentially running at a loss.
No it wasnt.. who the fuck plays kfcs or wendies game.. are you for real
Well, the one that janine offered for 50% for the edible crickets one was even fking worse
@@notaprogrammer7970 i dunno if you've noticed, but they're actually not the ones selling anything on here, and they never have been. you're not gonna see janine making your boost juice or glen selling you pet toys. bragging about your ignorance might be good for a laugh but once people have finished lightly exhaling through their noses at your comment, nobody would take anything that you say seriously
6:33 That reaction was priceless and so dramatic xD Can't stop laughing!
I replay that many times
Naomi ending line 100% nailed it. I think she's 100% correct!
naomi's analysis at the end was spot on. the sales guy wanted the sale, but the business owner knew that he had other shareholders to consider and the future of those relationships. smart business decision. just based on that alone, janine should've run out and offered 15 with the same contingency.
1:20 the guy is wearing scuba gear, 2 sec later scuba gear disappears from his back and 2 sec later it reappears. Video Editors are drunk😂😂😂😂😂😂
This is how it goes wrong, getting old people to invest into a company that specialises in video games.
its a hard space to make money
That's how its working at the moment so don't complain
@@SuperJohn12354 Especially when the company you invest in makes licensed games for corporations. The exact type of games that have the worst reputation, and no1 wants to spend money on.
Roku Jazz jackrabbit
@@user-lf7nf3kl7t reminds me of the old burger king games
when the dude in blue said he willing to reduce his profit for the shark, the guy with mess up hair almost cried
Yeah, I'm glad he followed his instinct and didn't agree.
Johnny is bigger than most guys here. Specially the blonde
I’ll be honest. I’m a college computer science major and I could have made that game in a few hours. The software didn’t look that impressive.
its about business not about how much better it could be
XpertPandazz my point was that there was nothing proprietary about their game software. Anyone can do what they do.
@@wowcoolneat alright
@@memesflowi I have to concur w/ wow cool neat. While, if they made the entire framework that the game was built on, I could not do that, with the android/ios development tools I played around and made similar style apps in the tutorials albeit without good sprites.
@@wowcoolneat which is why they specifically said they do it cheaper and faster than their competition. Sure their competition can do it, but their competition can't do it/aren't willing to do it at their speed and price 😂 that's how business works man. I'm an engineering student, about done now, and if your school doesn't make you take an economics course then I'd hope you do 😅
Good for him, good level head on his shoulders and not just thinking about his self. 👍👏👏
@1:20 scuba gear on
@1:24 scuba gear off
@1:28 scuba gear back on
Great editing lol
There's something about this Johnny guy that rubs me the wrong way. I wouldn't trust him at all
Same he seem really manipulating
I liked him honestly, he’s got a hustle about him and wants to make things happen
Me neither. I don't trust him at all.
true
Johnny sounds phony
That Johnny dude looks sketchy AF. Smiling like a cannabis smurfie
🤣🤣🤣
Well, he did try to sell them a basic game which can be done by any good college student so it was kinda sketchy
It looks like he has an evil genius plan to steal millions from the company
@@kevynrodriguez4874 yeah, and leave the country..😂😂
You would be smiling also if you had a business on the ASX for a $ Billion
9:35 “that’s a bit of a haircut” camera pans to the dudes weird haircut
Jajajajajajaajajaajaja
"I don't know anything about tech, but my digital team are extraordinary"
Did nobody else catch this? How would she know if they're great if she doesn't know what great is in tech?
She doesn't but she is using the show to boost her brand
You can. Most managers are good at managing people and making business strategies, but they *suck* at the actual details/skills needed to make the product happen. This is where staff comes in. And out of the staff members, they can normally identify a few whose opinions they value (based on proven results).
So, to respond to your question, she knows her digital team is great because they have been able to provide results.
@@f3nt0 well, they could have also been alright. I mean, 15% is not great
by gettting results?? I mean, alot of thing doesnt need to be judge by the expert to know whether theyre good or bad. I know Mariah Carey is a good singer even if Im tone deaf
In business, numbers are the one determining whether theyre good or bad. For all we know her digital team might ship spaghetti code all over the places, but if it get the job done, thats what matters most as an owner/investor
These sharks are as useful as my wisdom tooth
They are pretty wise
bellmeisterful best reply I’ve ever seen
@@ihasabucket5224 lol thanks
@@bellmeisterful lol
rich boomers not investing in gaming. do you wonder why they're rich and why you're sat there making miserable sarcastic youtube comments
"Will you take 20%?"
"Yes"
"I'm out"
dude in the blue was trying not to laugh so hard in the end lmao
I have to hand it to Shark Tank AUS. Theyre doing as good as they can. I do like the Steve dude on the end.
Although they dont seem to ask many of the important questions we hear on American Shark Tank like cost of customer acquisition, any debt the company may have, plans on how theyre going to build the company, distribution, they ask cost of product and retail price but weirdly never ask how much they sell it to the reseller for or wholesale price.
And on the same hand they talk shit on certain products saying they're products and not companies. They dont make sense sometimes
Tbf in both American and Australian, each pitch takes hours of discussion. And they both ask all important questions. The entire show is made in editing room. All you are seeing is what editor thinks you will like.
Can't help but wonder what the price is to the corporation for these games, they are like - basically flash level games. It would have been interesting as other people asked to drill down into the particulars of the company, and the product itself - and how much that one game made for the Sharks presentation would have cost - and how much money they'd have taken home from it.
I was kinda curious too. I used to work in this space, and the majority of the cost was not the game but the design services and analytics around it. So it would have been interesting to hear how much of their business was the pure deliverable development vs the ecosystem around it.
the editing is a bit off, one minute the guy had goggles, the next, no goggles, and then the goggles, and then they both take off their goggles to answer questions
That short guy on the left came to our school like a year ago he said he was one of the creators of flappy bird he's hella chill
He's lying.
@@TheJrbdog He came to present cyber bullying but he got into the topic of how successful he is which was very odd
He probably ripped the code and reskinned from the original floppy bird. It was an indie game designed and programmed by a single dev., who didn't like the spotlight. (So i seriously doubt that was the guy)After flappy bird went big, he literally took his game down from the store because he didn't want to deal with media attention and fans, even with all the profit he was raking in.
@Jorn Navarre maybe
They did 20 mil in revenue this year
For real?
Not Possible, I would make Boobies Go Round App and that would be more valuable then that.
Wow!
Thatz a cap
@@bertenheimer Nah not for real bruh, 42 likes though, people believe anything on the internet
Wild he made the haircut comment and they went right to Tony lmao.
When Steve told I'm out, Glen was looking surprised hearing his reason. And the next moment, Glen moved out putting the same reason.
So she wants 25% on the contingent that her upside is a $50 million company,it was a terrible offer and glad they said no.
One guy said no, not both.
@@aleksdeveloper698 well collectively it was a no deal.
@@hurleycapetown8420 It was a no deal because he was the biggest shareholder. The other guy was in it for 20%.
And yes it was such a stupid offer that the shark offering it was trying to steal them on plain sight. You know sharks know this stuff. She was in it for the money.
The guys on the other hand wanted someone professional, instead of the money. They didn't need the money.
And she was so stupid to say if it doesnt feel right bla bla bla, the math tells she is stealing.
They said it would be a 50M dollar company and she wanted her expert team to check it that was possible. What’s wrong with that? They shouldn’t say stuff and not mean it.
@@justindyer6299 So she wants 25% of a $50 dollar company for that amount,think about it,makes no sense.
1:20 He really just went from Scuba - No Scuba - Scuba
1:21 - Gears on, 1:24- Gears off, 1:28- Gears on!
As a game developer & designer this hurts. The games are unoriginal and very badly polished.
I can make a game like that in a couple of days.
What software is that supposed to be? 1/4 of the development time? How can it beat something like Unity? Is it only tailored towards that same style of games?
Calling bullshit here.
Bro to make me a game just like that approx how much will someone charge me ?
@@movierecap997 If it just means to copy this boring game, the base game is done in 10 hours. UI takes another 5 hours. Polishing the game, aka "juicing" it, will take another 5 hours. If the assets need to me made, that is another 10-15 hours - but for a game that should be produced that quickly you could just take an asset pack for a couple of bucks.
That comes down to a total of 20-30 hours. At a modest freelancing rate of 30€/h, you will get that game for around 800 bucks.
Making variations of that game now only means to swap some assets, which means for another 100 bucks you get a similar looking game ontop.
If the game should play differently, then some game design is needed, creating concepts, prototyping them, iterating over them etc will take more time.
Exactly what I was thinking. I'm learning development myself (no where near knowledgeable enough to call myself a developer), and this is just disgusting to me.
Ask them about the ratings from the players they ascertained, don't focus on the simple number of 'beta testers'. 1/4 The price in 1/4 The time (Yeah, right) for 1/1600 The quality...also, he was still offered investment money from that demo of a poor excuse of a title....
Its a marketing company that uses games to advertise. Not much different than a billboard company, they just reskin the same game/board and personalise for the specific client
It is not the product that is the value it is the branding / marketing process... i will not find your business in a month of sundays but found theirs and might buy... i am sure loads of people can compete, but do nto know them
Huge RESPECT for the interaction at 7:40 and 8:00
@KonaGaming and I want to wish you a happy birthday song
That guy, good on him for not doing it, he believes in his product and he will make that money even though I think it be extremely hard to see them making that much money so quickly on the games they are making.
I know people are bashing the shark lady but in all honesty she was polite and nice about it and in all honesty going into this sort of business is very difficulty, there are companies that would make ocean of money and go bust. Just look at Midway who were the original developers for Mortal Kombat. Despite the huge success the whole company still went bust. She is taking a big risk and it is her money and at the end of the day in business, if you can, you don't always look for fair especially with strangers. You would look for the best deal, period, she was admitted not knowing the stuff in this business, heard the money and took her chance to try and get a big slice of it. No one is forcing them to accept it and if this is the offer she wanted to make then it's fair enough and she was open to negotiate, it's stil better than being shot down not having an offer because an option is still an option.
The other guy was a bit too desperate and ega. I hope they be ok after this because the other guy might be losing trust for obvious reason in terms of the sales guy's opinions because he clearly wasn't ok with it. I actually thought the Shark was ok because if she was truly brutal she wouldn't even mention him being uncomfortable, she could of just kept talking a bit more to get the other guy to buy more and more into it to try and sway the other guy but didn't. Though I'm certain she has her doubts about the business for obvious reasons too, gaming business makes loads but even then can still go bust.
The chap well done to him though, followed his passion and he is now in success. Lets hope he can prove that the shark's made a bad choice not investing in him for the 10%.
Thats because Tony was the one who would have to give up his shares. Johnny would have kept all his
What? Johnny said he was ready to give some of his shares away
7:43 he literally says he’s fine with undermining his own equity
The little Mr Smiley guy clearly grew up in a nurturing environment. He's far too happy and confident like a cheeky chappy extrordinaire.
This is why we have school bullies to stop human beings like this.
If this “jonny” has had a 1B AUD to the stock exchange....
why on earth doesnt he put some extra money in it himself?
200k AUD must be peanuts for him...
They were peobs on here for the exposure
Yep, I could have missed a bit as this was on in the background but this guy with 30% of the company and had launched a $1B company. Did they actually ask him how much money he put in? Or was it they gave him 30% just because of his name ?
Didn't they say he started a company that is now valued at 1B. He might have sold his share a long time before it got anywhere near that valuation.
@@youbetzler My gut feel, watching this, was that this guy wanted others to invest in a failing business without him having to sink more money in to chase his potential losses. The other thing was really quite odd.
Maybe it was valued in Zimbabwe currency, where $1.00 AUD = $1000000.00 ZWD
This CEO is the real shark. Talked his way into becoming a majority shareholder of a company he didn’t even found himself.
Ayyyyy lmao
Naomi: "I'm curious. And for that reason, I'm out."
Damn well they definitely went global. I even know of Gamify and I live in the US haha
1:24 how did the gear disappear?
7:37
MAGIC
*CAMERA MAGIC*
the bloke looks like he is about to give a speech at his best mates wedding
Dude they should have pitched the magical disappearing goggles in the beginning!!!!
The shorter dude was going yeet that guys company and work out the window !
Great, but just notice you guys forgot to put the end screen videos on this one, :)
At 1:25 the guy doesnt have his scuba gear on but the next clip he does lol.. I wonder how many times they reshoot
Enjoying watching this series from the UK - shame you couldn't post on the normal Dragons Den account because people were losing it over youtube videos lol
This is the Aussie one :) Aussies rock. These ones are so much more polite
@@Link_Says I never trust anyone who is overly polite or who tell you what they think you want to hear, because they are the one's who are the first to stab you in the back at the first chance.
@@imisinjan I was more referring to the way they talk to each other and the percentage they ask for.
@@Link_Says That's fine but I was talking from personal experience.
@@imisinjan wow very interesting perspective
CEO: Can we go to 20%?
Knucklhead: What valuation does it make?
Really? REALLY? 🤦🏻♂️🤦🏻♂️🤦🏻♂️
new space.. interesting synergies.. Thanks for the upload.. now more aware of this.. move.. in tech and retail ..
One thing I find strange is that the business is said to be founded by Johnny and not Tony on Wikipedia/Google.
Steve: *Points at asian guy*
Also steve: Look at this guys face *hahaha*
“I’m curious - and for that reason I’m out.”
As a computer major who made game in my final year with 0 experience. Now I can make a game I'll that one in 1 day. And there are people who can do it in few hours.
God Bless you all Sharks and your Ohana's. You are all just awesome and blessed. 🙌🏼💞🙌🏼💞
1:19 - scuba diving gear on.
1:24 - scuba diving gear off.
1:28 - scuba diving gear on.
While in the mid-sentence 😂
Bart Boch OMG OMG OMG you’re right 😂😂😂😆
I like how these comments are boasting about how good johhny is. When he didn't know what 20% at 200 thousand made the evaluation of the company. Legit 5x200k..... hahaha.
Plankton that was tony not johnny. johnny is the one in blue, the one who does all the negotiations
he heard you guys talking about how desperate they were so the big dude was kinda hurt and because of that he pointed that desperation thing right back in your faces.
i bet most games are just reskinning or bare minimum coding
Obviously like WP themese or Wix sites.. that is how you biuld a business numbskull
1:40 1:44 and 1:48 Time to get a new filmcutter xD
Unbelievable congratulations wish you the best
So he's a fellow Shark.
These sharks are so nice..this should be called the dolphin tank.
9:38 - Tony hoping that Andrew’s haircut comment wasn’t a dig at him
Nice editing cut at 1:25. Where his scuba gear go?
Glad he said no , gr8 decision.. Tony's way of suggesting 20% was not a great way to head up a business
2019 LGN RAINBOW OF DOOM in the making
Sharks, it's in the name
super interesting episode
1:00 you can see how editors cut to make it intense. All over the place.
2:26 " i think we get the jizz"
Gist, dumbass.
Davis Tua did quite well here
I'm actually confused as to why the scuba gear disappeared at 1:23
these versions on tv and youtube are rather condensed. those pitches should take about an hour of real time (assumption based off an interview with a guy from the US shark tank), so these are heavily edited
Jit was mad as fuck😭😭😭😂😂
The Johnny dude looks like Jerry Mathers from leave it to beaver.
1:23 where did the scuba gear go
Great call!
Barbara: I'm not Australian and for that reason, I'm out
Good job Tony!!
well they are still around, which is more than I can say for most entremanures that have been on the AU version of the show.
At 1:24 where did the goggles went of the CEO's forehead?
I’m in the US and have played a few games by these guys
Why?
@@thebat735 you ever have to take a poop and it’s gonna take a while.... yeah
"... I think it's weird." 0:32
Welcome to the Tank Sharks 😂😂 Amazing Hahahaha
Jenny says she's out !.. But she has an interest in Gaming.. Every night she plays the console game "A Way Out" on her PS4.
Woooooooah Naomi is curious!!
Bi-Curious?
What about the ending
I want my digital team to tell me that you have a 50 million dollar business first, then I'll give you 200k for 25% of your equity. Lol...
Good on you, big guy
This video’s title:
Apostrophes be like: Are we a joke to you?
I am trying my best to like this series but I keep ending up at Peter Jones!!!!!!!
I end upon Mark Cuban and mr wonderful
What, is no one going to talk about 1:23 where they suddenly cut to footage of one of them without the scuba gear?
this sounds like a devils tank
anyone knows how the company is doing today