I'm the CEO, I'm the CFO, I'm the COO, I'm the CBO! Wow, 4 people and each is a Chief Officer in a business of 4 people selling a switch with a green & red LED on it.
This is why titles mean Jack sh!t among people who have had a job for awhile lol. You can literally call yourself the janitor and give yourself a 6 figure salary if you own the company. Your 'team leader', 'project manager' titles mean nothing outside of your corporate cage. If you bring in 1$ doesn't matter if you're the COO.
"I'm the CCO - the chief Coffee officer!" "Oh yeah, im the CCE! Chief Custodial Engineer! "Well I'm the CLOO chief lunch operations officer!" Talk about all chiefs, no Indians - issuing titles like they are some fortune 500 company doesn't carry much weight when your company consists of 4 employees.
Kevin hit it right on the money, it's something you would expect to find in a bargain bin or on a convenience store rack for $5. Nowhere near worth what they're asking for. Laser engraving your own logo on it is neat, but it's also an obvious attempt to bloat the product's value and any wise businessperson's first piece of advice would likely be to get rid of that and accept MuteMe's fate as a novelty toy.
if it did something funny then maybe, but its like the NUT button except not funny. I think they could get this to sell decently for 10$ max as a fun gimic item but not nearly to the scale they think they well. Like make it go "YOUR MUTED KID" or something lol
People don't like stuff that will take up more space on their desks. This is a cool product, but even if people buy it, they will not use it. So I can't see them selling too many of these.
I also would feel the need to double check the microphone on the platform interface anyway in order to double-check that I am muted (I couldn't see myself just trusting the button), so nah
“This is a cool product” no it isn’t? All it does it take the mute button that already exists on your screen and puts it on your desk. Their target market are senile people using Zoom for the first time
As the IT Manager at my company, I wouldn't pay more than $5 for one of these. If I tried to ask our CFO to approve the purchase of several of these for all our staff at the current $30 price point, I'd be laughed out of the room.
You got to ask yourself - do I talk so much about things I shouldn't talk about that I need a button to push to remind myself to shut up? They need to rethink this product as a corporate trap - an employee that requests light up mute buttons probably shouldn't be handling sensitive business over their phones!
Well I hear ya and agree. However, my CIO requires us to buy over priced peripherals through a sole-source vendor contract that he inked, locking us in to non-competitive pricing for 3 solid years. Sure, the initial pricing was good for about 9 months and then ballooned thereafter. Of course, the CIO eventually split and we are stuck with his "negotiated pricing".
@@joelsommer5765which you can click in mute bottom in your program or just shut mic off so it pretty just useless red and green button. That the point he try to make
I attend calls non stop and never had a problem bc I don’t talk bad behind someone’s back thinking I’m on mute 😂 It’s a product for a problem that doesn’t exist and at 40$ , way overpriced..I’ll buy if it’s at dollar store as a toy for my kids 😅
it's not just for talking bad though. i remember checking if i was on mute a lot during the month or so I was working remote while sick so i didn't cough, snort, and sneeze in people's ears. It's a mild inconvenience and I don't think I'd dedicate a port to the device but if it was $5-10 I'd see myself getting value out of it
CNBC's editing makes these so much more difficult to follow than the shark tank channel. They went from them telling the price to Mark saying they can't sell it. They totally skipped over the sales. Every clip this channel puts out from Shark Tank has these issues, it sucks.
It's rather massive for a simple mute button. Love the passion and commitment shown by the creators, but I think the product itself is superfluous when you already have options to mute yourself built-in to most sound softwares, mics, and recording devices.
Boy, did you miss the whole point. It's not about muting your microphone because there's no other way to do it. It's about having a big light on your desk to show if you're muted or not so you don't accidentally say something private.
@@theloanranger2632 Every software has an indicator on the screen that shows whether you're mute or not. It's pretty useless and won't sell many. It's literally a button that glow. Hahaha
@@theloanranger2632 Maybe you should learn to read - the response was directed at you and your poor comprehension. LOL. This button must be meant for you, who can't see obvious details such as your ID. LOL!!!!!
i litreally has a redgear headphone with that mute button, its a life saver when i wanna yawn or put out some curse words, but NAH i wont pay more then a 1$ for this, and worse have it dangling up my desk.
Tbh the copy and paste button sees even harder to sell cause we already have a copy and paste button, that works no matter the program and we just gotta click one button already . This mute button seems a lot more helpful than the copy/paste.
@@joelsommer5765 If you map the mute button to a key you dont use, like f5, you are essentially doing the same thing with no reason to spend upwards of 500 bucks
But then why not just get the browser extension, the argument of not wanting to take up screen space is dumb because you're looking at the screen during meetings so if its not on the screen you'll just as easily forget to mute.
@@nathanriver1556 If it even was a problem honestly, what difference does making it physical make if anything its less intuitive and you’ll probably just mute regularly because thats what you’re used to.
I think all video calling programs have a mute button integrated into it. Most keyboards have a mute button, if not then the mute button is a click away, or your headset has a mute button. This is unusable and i cant think of a scenario where you need this.
@@StrifeSoul990 That's not what it's designed for. It's for when someone controlling the meeting puts you on mute and you don't know when you're on and off. I get what it's designed for but even better if it had a microphone integrated as well.
By reading this while I was not in such a program during a call, I finally realize this is what I should have set all along. When I see the option in software itself, it just seems like too much of a hassle, while in reality I talk so little during calls that it would be perfect for me. Thanks for unwittingly being helpful!
@@mechanomics2649 it literally shows you on the screen. On my headset I just move the microphone up and I’m muted, put it back by my mouth and I’m unmuted. This button would only be somewhat useful to someone who technologically illiterate
@@phoneywheeze I disagree in that the light is always either red or green so to the outside world you’d always appear to be on a call. This is for people with little to no tech knowledge that need a light to indicate to themselves whether they are on mute or not
@@Buckets50 i suppose if the light is red, that means the video is on mute, coworkers can chitchat amongst themselves about company details vs if it was green which indicated its not on mute
Like every keyboard has a mute button. Some of them even light up. Also you can already buy a button with a light that changes color and connects via USB to a computer as a basic input device. Which you can set to mute/unmute the mic. The only feature here is that this will default on major OSes to function as a mute button. I.e. the driver.
I'd argue that things like the Scrub Daddy are simple because of a refined design, this is simple because well, how complicated can you really make a big mute button? 🤭
I don't think realize people aren't always looking at their video app when on calls. I have one, and it works really well. I use a dynamic XLR mic that does not have a mute button, and very apparently when I'm mute. It also works for things like Discord, so gaming, I don't know really if I'm muted while I'm playing a game.
They have no protection on this, and there’s no way that they can get a patent for for a circuit design, that is so simple, but this is a useless piece of technology.
They said they are the only ones who can create a mute button with lights that doesn't contain a mic. Like the Sharks themselves said: that's actually something - i.e. they do have protected something of substance. Whether it is enough, especially at that price point, I wouldn't know though.
The potential value isn't in the hardware - it's in the integrations with all the popular video conferencing platforms (Zoom, Microsoft Teams, etc). They should have played up that angle (assuming they actually have some IP around the software side).
Great pitch! It’s a shame they were too prideful of their valuation and/or didn’t know Daymond well enough to know that they needed to take his offer quickly. Daymond is from New York and doesn’t wait long at all for you to make a decision...especially if you wait long enough for him to hear a reason why he shouldn’t invest! 😄
I do several video conferences a week and the most common phrase is not "you're on mute", but rather "sorry, I was double-muted". I don't want to have to start saying "sorry, I was triple-muted". I need -1 mute buttons, not +1.
a lot of modern microphones and headsets have an switch that can mute yourself with, also it pops up on the screen whenever you flip that switch. this is not a good product
@@mechanomics2649 that’s why he said it literally tells you on the screen if you are muted or not. This product is only for ppl with no technological knowledge whatsoever
@@Buckets50It is also for co-workers walking up to you from a side they can't see your screen from. I think that one colleague who is in the habit of walking in jokingly asking what [insert nasty nickname you came up with] was whining about this time, makes the button useful to prevent him from doing that while you are still on the phone with that person. I know it is situational and the price tag is an obstacle, so I am not saying the product is great, but I do think it adds something on-screen indicators do not offer.
It was way too fancy. Hardware is an excellent solution to the mute/unmute problem, but the pricepoint was crazy. I think buying in for the patent was a good idea but they were too busy selling and clearly saw this as their baby.
It's not even a bad idea but I wouldn't pay more than like, 5 dollars for it. A button with an indicator light on it simply shouldn't be that expensive
I don't think it's a bad idea. But to me it's something you would throw into a swag bag as a promo and not a full business in and of itself. Maybe one item in a larger product line.
Make it for a dollar, sell it for 10. A big selling point would be to show others in your home if they cant talk when they walk in the room. Its a great prodeuct that would sell a decent amount
it can be useful but the engraving is a waste of money for both buyers and manufacturers, it only exist to give the product a more "luxury" look, but that's not an apple product, that's just a rgb button
I actually really like the idea of this. I have ocd and I’ll be on zoom meetings and have to check over and over if I’m muted and my camera is off. I thought it was a good idea.
Ive seen little lights before in front of receptionists desks, a little clip on light that illuminates when they’re on a call or completing detailed paperwork. Such a bloated price, I bet these are all over wish/Temu etc for $4
I actually liked the CEO's idea. Just sell it to businesses who would buy custom engraved versions for all their employees. Not sure it would work or how to market it that way but I think that's a smart idea if you could figure it out.
Nobody cares for having your business logo inside your company. Putting your logo on stuff is useful for exposure, you don't need to get exposure towards your own employees.
@@markkNL companies buy weird tools for remote employees all the time. Oftentimes a manager will have a budget they need to use up and looks for things like that to buy. Engraved item with employee logo and their name that also has some use to solve an annoying problem? Sure, why not
Should have started their focus on bring a lower price with vheaper material's. Only start the stainless steel stuff when they proved they had something
Should have cut costs by cutting the engraving. Then made engravments an extra fee, if desired. It would allow for them to lower the price, potentially to a place where people would be willing to pay for the novelty of it, and then also have optional add-ons that can potentially add extra revenue. Make it cheap enough for consumers to be willing to spend on a whim and then ptentially get them again with customization stuff they can add on later.
Definitely not one of the 'worst pitches', as a matter of fact this was quite a good pitch considering how terrible the product is. They even got a (brief) offer.
The “screen real estate” issue is not real. Make a border around the screen of the whole device (thickness determined by the screen size). That would be even more obvious than a button and not bulky....
Am I missing the point? Is there not already a mute button within the zoom platform??? Who cares if it's smaller, it does the same thing, just click it
Honestly this wouldn't be awful if it came with a wireless light for outside your room, kind of like a recording studio, so you can tell when you can knock while someone's in a meeting. Still probably not worth 40 dollars, but there's some utility there
If they made it smart, with a speaker, microphone. adaptive noise cancelling. orange light for when sound quality is bad or probably suggestion that you should mute button then it could be a great product. But its just a button that goes red and green, so for those reasons im out.
I’m a huge dragons den fan I’ve watched it since the start. This is the first clip of shark tank I’ve ever watched and it made me laugh cos it’s just so typical American to be all over the top and cheesy lol. Also what is Peter doing there?! He guests on the show? I had no idea.
Im ngl i would co aider investing.... if it was 5-9 bucks. A 40 dolar price point for a literal button tgat ONLY glows 2 colors that analog cuts your mic is wild. ALSO. I remember... a few years back i bought a cheap $10.50 pair of wired earbuds at the airport. It had a mic and a MUTE BUTTON FOR THE MIC. As well as volume controls. Ended up lasting me 1.5 years. If they can do MORE for less money they can knock that 40 buck price down 75-80%
I feel like this could be made into some sort of simple, fun game. The button is the perfect size for some short, simple and fun game, I'm just not sure how the game would work.
I talk a lot to customers and a big button thas also good to see for coworkers coming into the office is not that bad of an idea. Give it 3 colors, one for Talking, one of muted and one of "not in a call" and its a nice gimick. I think the price is just to high and you dont really need a big investor for something like that. Its not rockets sience
It actually has four states and you can choose the color for each state: 1. In meeting on mute. 2. In meeting mic on. 3. Not in meeting and OS mic muted. 4. Not in meeting and OS mic on. Since you can choose the colors, you could make states 3 and 4 have the same color. My kids come into my office and they know immediately if I'm on mute or not, so they don't start talking when I'm in the middle of a business conversation. If I were using in an office situation, I might make my states 3 and 4 both green (I'm not in a meeting), and then use red/purple or something for states 1 and 2.
They're still trying to sell this product for $40!!! Lots of reviews saying the device doesn't work once you tab out of your voice app, which is just insane, as it's not difficult to control the mic itself rather than sync to apps. For $10 this would be a possible option for users, but at $40 for a "mute button" they have to be out of their minds.
LOL Daymond heard Peter say "it's just a button that goes red and green" and realised he was about to waste 200k
They should've took daymond's offer as soon as he said it😂😂
You "should've took" a first grade English class.@@Desertoasisstudios
@@robertwilliams5618 you can eat my shorts roberta
Your moma should've taught you manners Roberta
@@robertwilliams5618I hope life gets less sad for you where this is how you spend time
Love how Peter unintentionally convinced Daymond to go out
Luckily for Daymond lol
I'm the CEO, I'm the CFO, I'm the COO, I'm the CBO! Wow, 4 people and each is a Chief Officer in a business of 4 people selling a switch with a green & red LED on it.
Haahhhaa
This is why titles mean Jack sh!t among people who have had a job for awhile lol. You can literally call yourself the janitor and give yourself a 6 figure salary if you own the company. Your 'team leader', 'project manager' titles mean nothing outside of your corporate cage. If you bring in 1$ doesn't matter if you're the COO.
And i bet they all paying themselves really well with all rhe investments. Its just their piggy bank
So true, even kids can do better
Oprah be like: YOU get a C and an O!!! YOU get a C and an O!
How can a pitch of a startup literally begin with the introduction of so many CEO positions lol
In our company EVERYONE is a CEO!!!
Ikr, CEO is such a cheap title nowadays
"I'm the CCO - the chief Coffee officer!"
"Oh yeah, im the CCE! Chief Custodial Engineer!
"Well I'm the CLOO chief lunch operations officer!"
Talk about all chiefs, no Indians - issuing titles like they are some fortune 500 company doesn't carry much weight when your company consists of 4 employees.
they're trying so hard to act like they're important executives
😂😂😂
Kevin hit it right on the money, it's something you would expect to find in a bargain bin or on a convenience store rack for $5. Nowhere near worth what they're asking for.
Laser engraving your own logo on it is neat, but it's also an obvious attempt to bloat the product's value and any wise businessperson's first piece of advice would likely be to get rid of that and accept MuteMe's fate as a novelty toy.
Fully agree, 40 dollars is crazy. Even 20 is way too much.
It seems like something Sharper Image would sell.
if it did something funny then maybe, but its like the NUT button except not funny. I think they could get this to sell decently for 10$ max as a fun gimic item but not nearly to the scale they think they well. Like make it go "YOUR MUTED KID" or something lol
They should have hit the mute on peter and said yes to Damon. 😂
People don't like stuff that will take up more space on their desks. This is a cool product, but even if people buy it, they will not use it. So I can't see them selling too many of these.
I guess for those reasons you are also out?
Agreed. Parm mentioned "screen real estate", but desk space is another thing entirely.
Maybe add more functions to this, something that can play power points, move between speakers.
I also would feel the need to double check the microphone on the platform interface anyway in order to double-check that I am muted (I couldn't see myself just trusting the button), so nah
“This is a cool product” no it isn’t? All it does it take the mute button that already exists on your screen and puts it on your desk. Their target market are senile people using Zoom for the first time
Every video conferencing app I’ve ever used has a mute button lol
Exactly
theres a mute button in the app they are using for their pitch, that when clicked, would put a red line through the mic indicating they are muted.
To be fair to them, most people I worked with, particularly the more senior ones, always forget to mute / unmute. At least one incident per meeting
But people don't notice it and are not easy to use. That was the point genius. If you were in conference call you would notice it
Did you not watch their pitch?
As the IT Manager at my company, I wouldn't pay more than $5 for one of these. If I tried to ask our CFO to approve the purchase of several of these for all our staff at the current $30 price point, I'd be laughed out of the room.
I agree lol, its such a gimmick. Aa if people who work with computers cant hit mute on their headset lol
You got to ask yourself - do I talk so much about things I shouldn't talk about that I need a button to push to remind myself to shut up? They need to rethink this product as a corporate trap - an employee that requests light up mute buttons probably shouldn't be handling sensitive business over their phones!
yeah, this is free swag to be handed out at career fairs at best
Well I hear ya and agree. However, my CIO requires us to buy over priced peripherals through a sole-source vendor contract that he inked, locking us in to non-competitive pricing for 3 solid years. Sure, the initial pricing was good for about 9 months and then ballooned thereafter. Of course, the CIO eventually split and we are stuck with his "negotiated pricing".
I would be fired😂😂
A button that turns red and green and they wanted how much?
it doesnt just turn red and green . it mutes you on any program on your computer.
@@joelsommer5765which you can click in mute bottom in your program or just shut mic off so it pretty just useless red and green button. That the point he try to make
@@chicho4802these were the kinds of ideas I thought were genius when I was 10.
I attend calls non stop and never had a problem bc I don’t talk bad behind someone’s back thinking I’m on mute 😂 It’s a product for a problem that doesn’t exist and at 40$ , way overpriced..I’ll buy if it’s at dollar store as a toy for my kids 😅
Maaaan ayeee you just backbited their product
LOL... You are really funny.
Just hit the spacebar.
It’s not just about talking bad. It’s about unexpected and sudden background noises also. Or suddenly coughing or sneezing.
it's not just for talking bad though. i remember checking if i was on mute a lot during the month or so I was working remote while sick so i didn't cough, snort, and sneeze in people's ears. It's a mild inconvenience and I don't think I'd dedicate a port to the device but if it was $5-10 I'd see myself getting value out of it
The logic of Daymond spending $200k for red light green light kicked in...🤣🤣🤣🤣
CNBC's editing makes these so much more difficult to follow than the shark tank channel. They went from them telling the price to Mark saying they can't sell it. They totally skipped over the sales. Every clip this channel puts out from Shark Tank has these issues, it sucks.
Interesting
ADHD world...
shart tank channel has audio issues
and for those reasons, im out
It's rather massive for a simple mute button. Love the passion and commitment shown by the creators, but I think the product itself is superfluous when you already have options to mute yourself built-in to most sound softwares, mics, and recording devices.
Boy, did you miss the whole point. It's not about muting your microphone because there's no other way to do it. It's about having a big light on your desk to show if you're muted or not so you don't accidentally say something private.
so its an overpriced button for people that are too dumb to remember things@@theloanranger2632
@@theloanranger2632 Every software has an indicator on the screen that shows whether you're mute or not. It's pretty useless and won't sell many. It's literally a button that glow. Hahaha
@tomy4453 That's not what the poster said though, is it? No wonder wages are stagnate. Poor comprehension and problems paying attention to details.
@@theloanranger2632 Maybe you should learn to read - the response was directed at you and your poor comprehension. LOL. This button must be meant for you, who can't see obvious details such as your ID. LOL!!!!!
A headphone company can put a light on one end and kind of solve the problem without an extra device.
They already do 😂😂😂 the headphones used in fast food do this exact thing go green when your talking push another button turn red when you’re mute
@@Carriedteamavataryou believe fast food has video conferencing. Interesting.
i litreally has a redgear headphone with that mute button, its a life saver when i wanna yawn or put out some curse words, but NAH i wont pay more then a 1$ for this, and worse have it dangling up my desk.
I was waiting on one of the sharks to hit the mute button and mouthed ''I'm out.'' Preferably Mark or Kevin.
Robert did something similar with the copy paste guy
Robert did something similar with the copy paste guy
Don't get mute off that
This feels like the “copy and paste” gimmick. Easy to produce and hard to sell.
Tbh the copy and paste button sees even harder to sell cause we already have a copy and paste button, that works no matter the program and we just gotta click one button already . This mute button seems a lot more helpful than the copy/paste.
@@joelsommer5765 If you map the mute button to a key you dont use, like f5, you are essentially doing the same thing with no reason to spend upwards of 500 bucks
5:33 the camera zoom and the boom meme sound effect was just priceless 😂 give the camera man a raise
I would have jumped in with Daymond real quick. 200K for a button company isn't bad
what a great lamp
😂😂😂😂😂😂😂
As a customer I would buy this as a passive aggressive gift to my co-worker who never mutes himself and usually works in a noisy space 😂
But dats da point it’s nonsense. More gag-gift than a real office or remote accessory
It seems like a good idea, just too expensive. It's super embarrassing to think you're muted and not be.
But then why not just get the browser extension, the argument of not wanting to take up screen space is dumb because you're looking at the screen during meetings so if its not on the screen you'll just as easily forget to mute.
@@zwazas Most people don’t use Zoom or Teams in a browser.
Windows 11 has a big old mute button on the bottom right corner of the screen that switches colour. This is sort of a solved problem already.
@@nathanriver1556 If it even was a problem honestly, what difference does making it physical make if anything its less intuitive and you’ll probably just mute regularly because thats what you’re used to.
It’s way more embarassing to buy one of these things.
Great idea for $5. 40 is just too much unless they get big companies to buy it for their employees
gotta buy, plug, set up a whole new smart device just for one situational function. like mark said, just use an extension or buy a stream deck
Needs to be cheaper. I think it’s useful for someone who’s always video conference.
Just use a mute button on your headset
@@TheDogGoesWoof69 Ye, and people become not poor in part by not buying things at bad prices
I think all video calling programs have a mute button integrated into it. Most keyboards have a mute button, if not then the mute button is a click away, or your headset has a mute button. This is unusable and i cant think of a scenario where you need this.
Agree
@@StrifeSoul990 That's not what it's designed for. It's for when someone controlling the meeting puts you on mute and you don't know when you're on and off. I get what it's designed for but even better if it had a microphone integrated as well.
"push to talk" is an option in like every voice/video program. I always use it
By reading this while I was not in such a program during a call, I finally realize this is what I should have set all along. When I see the option in software itself, it just seems like too much of a hassle, while in reality I talk so little during calls that it would be perfect for me.
Thanks for unwittingly being helpful!
I don’t think this was worthy of being one of the “worst pitches.”
Ya their manufacturing costs were high. Nobody is going to buy something like this for $40. Its clutter.
It’s a bad product, the pitch was cringeworthy, and their evaluation is insane
It is. Its a redundant product. Doesnt your laptop have a button on the keyboard to mute yourself? Most laptops do nowadays.
@@versatilepro1 exactly, that's why I think only the most technophobe person needs this product
Sorry I’m 4 months late, but I’m here to let you know… no one cares what you think.
My microphone has a mute button for a reason lmao
But this isn't supposed to be just a mute button, it's supposed to be a mute button that primarily shows you whether you're on mute or not.
@@mechanomics2649 it literally shows you on the screen. On my headset I just move the microphone up and I’m muted, put it back by my mouth and I’m unmuted. This button would only be somewhat useful to someone who technologically illiterate
@@Buckets50it's for other people near you i think, so that they know you're on call
@@phoneywheeze I disagree in that the light is always either red or green so to the outside world you’d always appear to be on a call. This is for people with little to no tech knowledge that need a light to indicate to themselves whether they are on mute or not
@@Buckets50 i suppose if the light is red, that means the video is on mute, coworkers can chitchat amongst themselves about company details vs if it was green which indicated its not on mute
Like every keyboard has a mute button. Some of them even light up.
Also you can already buy a button with a light that changes color and connects via USB to a computer as a basic input device. Which you can set to mute/unmute the mic. The only feature here is that this will default on major OSes to function as a mute button. I.e. the driver.
There are things that are simple, but so well, like scrub daddy, but things like scrub daddy well-being, simple, are actually useful.
I'd argue that things like the Scrub Daddy are simple because of a refined design, this is simple because well, how complicated can you really make a big mute button? 🤭
$9.99 target price
I don't think realize people aren't always looking at their video app when on calls. I have one, and it works really well. I use a dynamic XLR mic that does not have a mute button, and very apparently when I'm mute. It also works for things like Discord, so gaming, I don't know really if I'm muted while I'm playing a game.
Get a life and stop gaming. Problem solved
😂😂 this guy
Unfortunately, they muted them.
The idea of anyone paying $39 for this is laughable. It’s a $5-10 stocking stuffer/gag gift
They have no protection on this, and there’s no way that they can get a patent for for a circuit design, that is so simple, but this is a useless piece of technology.
They said they are the only ones who can create a mute button with lights that doesn't contain a mic. Like the Sharks themselves said: that's actually something - i.e. they do have protected something of substance. Whether it is enough, especially at that price point, I wouldn't know though.
@@CocoWantsACrackerit's a 100% pointless technology
😂😂 "no, I hate this"
I think its nifty, a lot of people like more tactile devices.
The potential value isn't in the hardware - it's in the integrations with all the popular video conferencing platforms (Zoom, Microsoft Teams, etc). They should have played up that angle (assuming they actually have some IP around the software side).
Great pitch! It’s a shame they were too prideful of their valuation and/or didn’t know Daymond well enough to know that they needed to take his offer quickly. Daymond is from New York and doesn’t wait long at all for you to make a decision...especially if you wait long enough for him to hear a reason why he shouldn’t invest! 😄
cringe
I do several video conferences a week and the most common phrase is not "you're on mute", but rather "sorry, I was double-muted". I don't want to have to start saying "sorry, I was triple-muted". I need -1 mute buttons, not +1.
I didnt know there was a dragons and sharks crossover, really cool!
Also I wonder if Peter let them know just in case that Jenny is out...
Don't worry Barbara made a video call to inform them that they were both out.
I can almost always tell if I’m muted. And if I am muted, someone says “you’re muted” and then I unmute myself. It’s not a $40 problem.
a lot of modern microphones and headsets have an switch that can mute yourself with, also it pops up on the screen whenever you flip that switch. this is not a good product
They addressed that. This is primarily supposed to be a visual indicator so that you don't think you're muted but actually aren't.
A lot of modern earphones don't have a mute switch, a lot of people don't use telecalling based headsets, most use stuff like Airpods
@@mechanomics2649 that’s why he said it literally tells you on the screen if you are muted or not. This product is only for ppl with no technological knowledge whatsoever
@@Buckets50It is also for co-workers walking up to you from a side they can't see your screen from. I think that one colleague who is in the habit of walking in jokingly asking what [insert nasty nickname you came up with] was whining about this time, makes the button useful to prevent him from doing that while you are still on the phone with that person.
I know it is situational and the price tag is an obstacle, so I am not saying the product is great, but I do think it adds something on-screen indicators do not offer.
My keyboard literally has a light on the mute button to tell me if I'm mute or not. Peter is right: it's just a huge button that goes red or green.
They should have jumped at Damon’s deal
Most likely a deal would never be made off camera lol. Reading about these shark tank pitches it seems that most actually fall through.
It was way too fancy. Hardware is an excellent solution to the mute/unmute problem, but the pricepoint was crazy.
I think buying in for the patent was a good idea but they were too busy selling and clearly saw this as their baby.
It's not even a bad idea but I wouldn't pay more than like, 5 dollars for it. A button with an indicator light on it simply shouldn't be that expensive
I don't think it's a bad idea. But to me it's something you would throw into a swag bag as a promo and not a full business in and of itself. Maybe one item in a larger product line.
Make it for a dollar, sell it for 10. A big selling point would be to show others in your home if they cant talk when they walk in the room. Its a great prodeuct that would sell a decent amount
I'd much sooner take up extra space on my screen than on my desk lol. Having a cluttered desk is one of the worst feelings when you're working
4:54 Mr. Wonderful always be truthful 😂
"I'm gone I'm out I'm history." Oh Kevin 😅
it can be useful but the engraving is a waste of money for both buyers and manufacturers, it only exist to give the product a more "luxury" look, but that's not an apple product, that's just a rgb button
This is such an overly expensive & useless product
I actually really like the idea of this. I have ocd and I’ll be on zoom meetings and have to check over and over if I’m muted and my camera is off. I thought it was a good idea.
I needed one of these just now.... When listening to their sales pitch. 😂
I think that guy was in the hellmans commercial
I love when start ups have more CE something or others than employees
Ive seen little lights before in front of receptionists desks, a little clip on light that illuminates when they’re on a call or completing detailed paperwork.
Such a bloated price, I bet these are all over wish/Temu etc for $4
They’ve actually sold $1.2 million worth though and Amazon reviews of their $40 item are pretty good, so idk
Is that you, Parm?
I actually liked the CEO's idea. Just sell it to businesses who would buy custom engraved versions for all their employees. Not sure it would work or how to market it that way but I think that's a smart idea if you could figure it out.
Nobody cares for having your business logo inside your company. Putting your logo on stuff is useful for exposure, you don't need to get exposure towards your own employees.
@@markkNL companies buy weird tools for remote employees all the time. Oftentimes a manager will have a budget they need to use up and looks for things like that to buy. Engraved item with employee logo and their name that also has some use to solve an annoying problem? Sure, why not
@@markkNL and to move on your point, plenty of companies buy stupid swag for their loyal customers too. Same idea
They should sell it to a company that does engraving lol
It’s smart for organized conference calls
Either the timing or the editing of the Sharks goong out was so khaotic. I expected Barbara to suddenly say, "I'm out"
I have these, it’s a game changer if you have multiple meetings at once
Marks like you need to find a way to sell it. Yea bro they are on shark tank lol
Damon never invests, replace him with someone with some money to throw around.
Ayo dragon's den guy is there. Cool.
It’s not the worst idea I’ve ever heard of.
These guys are the most tech bro tech bros to ever tech bro:
- Stupid concept
- Sleek design
- Way too expensive
- Sacramento
- “Business to business”
I dont agree on the "Worst pitches" part of the title, its actually not a bad pitch. The product is.
Should have started their focus on bring a lower price with vheaper material's. Only start the stainless steel stuff when they proved they had something
Should have cut costs by cutting the engraving. Then made engravments an extra fee, if desired. It would allow for them to lower the price, potentially to a place where people would be willing to pay for the novelty of it, and then also have optional add-ons that can potentially add extra revenue. Make it cheap enough for consumers to be willing to spend on a whim and then ptentially get them again with customization stuff they can add on later.
I'm from Sacramento and I'm embarrassed.
Definitely not one of the 'worst pitches', as a matter of fact this was quite a good pitch considering how terrible the product is. They even got a (brief) offer.
Actually I don't think that was a bad pitch at all.
It only is a bad product.
You know where there's a mute button? On literally every conferencing GUI. All of them. It's literally right there.
A good bit of basic desk mics do that lmao, there’s no point in a separate item to crowd your desk even more
The “screen real estate” issue is not real. Make a border around the screen of the whole device (thickness determined by the screen size). That would be even more obvious than a button and not bulky....
Already exists. Have a much nicer version in our conference offices. Never gonna work!
Am I missing the point? Is there not already a mute button within the zoom platform??? Who cares if it's smaller, it does the same thing, just click it
5:33 his face LMAO
Honestly this wouldn't be awful if it came with a wireless light for outside your room, kind of like a recording studio, so you can tell when you can knock while someone's in a meeting. Still probably not worth 40 dollars, but there's some utility there
“I’m Ty, like the tie that you wear” was brutal
why do the bad ones always open with team rocket introductions
If they made it smart, with a speaker, microphone. adaptive noise cancelling. orange light for when sound quality is bad or probably suggestion that you should mute button then it could be a great product. But its just a button that goes red and green, so for those reasons im out.
I’m a huge dragons den fan I’ve watched it since the start. This is the first clip of shark tank I’ve ever watched and it made me laugh cos it’s just so typical American to be all over the top and cheesy lol. Also what is Peter doing there?! He guests on the show? I had no idea.
Visible headsets, headphones, and ear pieces already solve the problem they're trying to solve.
These guys are basically selling an off/on button for your TV that already has a power button lol
This product would be found on a broken wire shelf in a radio shack as an 'as-is' final sale
I think its cool but I agree that the gadget guy could make it tomorrow. And for something like that it should 10 dollars or lower
The price point is just insane, the majority of people are not gonna shell out 40 bucks for that thing
Facts
I heard a lot of the deals that happen on TV dont go through so daymond probably would have backed out of the deal as well.
Im ngl i would co aider investing.... if it was 5-9 bucks. A 40 dolar price point for a literal button tgat ONLY glows 2 colors that analog cuts your mic is wild.
ALSO. I remember... a few years back i bought a cheap $10.50 pair of wired earbuds at the airport. It had a mic and a MUTE BUTTON FOR THE MIC. As well as volume controls. Ended up lasting me 1.5 years.
If they can do MORE for less money they can knock that 40 buck price down 75-80%
I never understood the product. Is it plugged to your laptop and can work with any app? And I have to bring it with me everywhere I go?
The pitch was corny but I legit LOLed at the over mitt part!
Just too expensive at retail. I wouldn’t pay more than $10 for this (admittedly pretty fun) gimmick.
They made 2M after shark tank
I highly doubt that
Source: Trust me bro
Source: A quick google search confirms it. @@GFxStudiosbyGlen
Given that their website only has 19 reviews, I don’t believe you
This is the equivalent to “The Easy Button”
I feel like this could be made into some sort of simple, fun game. The button is the perfect size for some short, simple and fun game, I'm just not sure how the game would work.
What
I talk a lot to customers and a big button thas also good to see for coworkers coming into the office is not that bad of an idea. Give it 3 colors, one for Talking, one of muted and one of "not in a call" and its a nice gimick.
I think the price is just to high and you dont really need a big investor for something like that. Its not rockets sience
It actually has four states and you can choose the color for each state: 1. In meeting on mute. 2. In meeting mic on. 3. Not in meeting and OS mic muted. 4. Not in meeting and OS mic on. Since you can choose the colors, you could make states 3 and 4 have the same color.
My kids come into my office and they know immediately if I'm on mute or not, so they don't start talking when I'm in the middle of a business conversation. If I were using in an office situation, I might make my states 3 and 4 both green (I'm not in a meeting), and then use red/purple or something for states 1 and 2.
They're still trying to sell this product for $40!!! Lots of reviews saying the device doesn't work once you tab out of your voice app, which is just insane, as it's not difficult to control the mic itself rather than sync to apps.
For $10 this would be a possible option for users, but at $40 for a "mute button" they have to be out of their minds.