Shark Tank US | Will MuteMe Get An Offer From Peter Jones?
ฝัง
- เผยแพร่เมื่อ 27 ส.ค. 2024
- Parm Dhoot and Tye Davis are seeking $200k for a 10% stake in their company MuteMe.
From Season 13 Episode 2
Watch Shark Tank Now: AAN.SonyPicture...
Subscribe to SPTV for more from your favorite shows: bit.ly/SPTVsub...
FOLLOW SONY PICTURES TELEVISION
SPTV Facebook: / sonypicturestv
SPTV Twitter: / sptv
SPTV Instagram: / sptv
SPTV: www.sonypictur...
About Shark Tank: The Sharks - tough, self-made, multi-millionaire and billionaire tycoons - continue their search to invest in the best businesses and products that America has to offer. The Sharks will once again give people from all walks of life the chance to chase the American dream and potentially secure business deals that could make them millionaires.
#SharkTank #SharkTankUS #SharkTankAmerica
Shark Tank US | Will MuteMe Get An Offer From Peter Jones?
/ sptv
Peter: (in regards to what his people would say if he invested) "...you've just invested in a button that goes red and green, we could create that tomorrow"
Daymond: (coming to his senses) " you know what guys... i'm out" 😂
Gotta be one of the most hilarious back outs on the show lol
they were just dumb - people think their ideas are million dollar ideas - should of taken the first offer and grow - 1% of something is better than 100% of nothing
Amen to that lol
It was so funny.and sad lol
0
He still woulda backed out of the deal after the show anyways.
Not a bad product, I'm sure some people would be willing to buy it and it makes a decent office gift. That being said, $11 to make one is ridiculous and $40 selling price is even crazier
Completely agree, the make price could def be lowered, but the selling price is just ridiculous.
It's solving a problem that doesn't exist, imagine baying a mute button that you will have to charge regularly but your devices have a free mute button? Their product is not even wireless, bad business
@@omen3949 you don't need to charge it. It just plugs into your laptop
Agree. Maximum prize I'm willing to pay for this kind of thing is around....$10.
Two words: Apple users.
They'd totally pay for this.
They pitched the wrong use case, in my line of work this is so useful, we’re in zoom meetings 6 hours a day and have like 20 windows open multitasking on 3 monitors, being able to quickly mute and unmute without digging through windows will be awesome. I have an officemate that always talks while I’m in a meeting and she can just glance at my desk now and know to be quiet
Wow, that's perfect for this product. But I am sure it's a very small niche market for this.
I just commented the exact same thing lol
45$ price point is wayyyyyyy to high bruh
100% agree they should have shown the software too. The software is what does the work and is what makes this product hard to copy. I love mine, I use it with MS teams and use it exactly for this purpose! I am a software developer and this allows me to attend meetings but still get stuff done.
Just get a external microphone that can do this 😂
"They're gonna be sorry. It's gonna be the Ring doorbell all over again"
These guys were DELUSIONAL
yeah this is a device that im pretty sure i could code myself and even better just bind in into one of my mouse buttons.
Maybe if it could mute a real life person, I would pay $40
“White Christmas” on Black Mirror you’ll love that episode😁
I mean, there are plenty of ways to do that, it just depends if the subsequent jail time will be worth it 😆
😂😂😂
If I could mute my wife👍
I’d pay $500 considering the mfs in my school 😂
I like that Pam's face is still lit up even after his product has been trashed on. It shows just how much he believes in his team and his product.
That's cuz he is a sikh! Real Sikhs don't ever give up or doubt themselves.
@@julianbanks1885 everybody has doubt or gets discouraged. It doesn’t magically go away because you are [insert belief here]
Parm* not Pam
Whenever we feel down, we just tune jn a Punjabi Song and goes “Bruuuuaaaaahhhhh”.
It happens sub-conciously in our mind too.
Lol
@@TSanghera69 the b is silent
If it was like $10 then maybe I could consider it. $40 is an absolute scam.
@Neo Anderson why are you all over everywhere comments and replying
@Neo Anderson shut up man stop giving suggestions we won't buy it anyways but it's a scam let that sink in
My thoughts exactly
Manoj because he can 🙄
@Neo Anderson it doesn't do anything special. The components alone don't make up for that. Honestly it's a gimmick. Granted I worked from home the last two years and honestly I could of used it a few times. Peter was right with what he said about the cost.
Despite the hilariously simple idea, and the fact that their product will probably not sell, their patent is really powerful. A mute button (without the mic) can go a long way on certain devices
Sounds like my keyboard. It's a got a mute button without a mic..
Its a provisional patent. They'll probably won't be able to keep it in the long run, especially on how awful their sales number have been. Imagine being on 1600+ Staples stores and only selling 150 units. That sounds like a flop to me.
@@module15 i guess they'll sell
But they don't know anything
Good manufacturers (who will do this in 5 bucks)
Good marketers
What patent? 😂
Luckily, our product continues to sell and the patent continues to go a long way for us (powerful like you mentioned)
"Hi, I'm Parm, like parmesan. I know it's cheesy".
Dude peaked too soon. It was all downhill from there.
I agree with Kevin that it looks like the type of thing to end up in a discount bin.
And it did. At Staples they have it in the discount bin. Probably $15
@@TheBoxingNinja15$ is still overpriced😂
Another great use is when people DON’T know that they’re muted. I have been to so many meetings where the speakers have no clue that they’re muted … which, once they realize it, induces a mild panic as they awkwardly fumble through their icons to try and fix the issue.
this point was mentioned in the pitch
Barbara was their first customer. She didn't want to hear their pitch so she put them on mute, just to tell them that she's out!
Hmm
Not funny
@@manojramesh4598 ...So far, 9 other people disagree with you. Anywho, it's Monday, hope you have a great week.
@@rosypedals7902 damn funny
@@shadowbrokerbroker1680 ...Thank you! Hope you have an awesome week!
6:25 Thanks Kevin for saying what we all think
I really like the product. Just being able to slap the button when you’re tabbed out of the conference is awesome
Who else is watching this while eating? 😂
Always
I just ate a delicious Chicago style hotdog with fries while on my lunch at Tesla. It’s my go to show whenever I eat lol
Always
Yooo I thought I was the only one who watched these while eating 🤣
I’m eating a blueberry scone from Starbucks lol
The main issue was a $2 million dollar valuation with barely $200k in sales, and probably not even half that in profits, for a fairly niche business. If they came in asking $50k for 20% they almost certainly would've gotten a deal and retained 80% of a business worth 10 times what they could achieve on their own. Admitting that they'd been in a thousand stores for a 4 weeks and only sold a 150 units, an astonishing feat really considering that means an average of like 0.03 units per store per week where with most new products you'd have at least a few sales per week from customers who like to buy new things just for the sake of trying them out.
It's a good product. It's just done by delusional California types.
They're out of touch with the rest of the country.
This could have become widely adopted product for $10-15. But Peter didn't help them.
With their people skills there's no way they'd get far dealing with the Chinese to lower cost.
Update: they indeed didn't lower the cost. Dum dums.
mark was right, this would make a lot more sense as a browser extension or a simple downloadable program
Not really... Most of the video conference platforms are used as their standalone app... A browser extension would be of no use
@@YashPratap7 you can run several thru your browser but i understand your point - thats why a desktop app may be better
@@spokelord Software can seem complicated for people who aren't very tech-savvy. Hardware that simplifies things is more appealing for some people
So u would have to have that application pulled up all the time? At that point might as well mute and unmute thru zoom or google meets normally
@@lil_Wayyy precisely why this invention is unnecessary especially at $40
Absolutely delighted to see the Legendary Mr Peter Jones!!!! Hope to see him here more.
jesus 40$ for that lmao
I really like the product. Just being able to slap the button when you’re tabbed out of the conference is awesome
Right after they shut off the video Barbara stopped by their houses to tell their wives to tell their husbands she was out
😂😂😂
lol!
Personally could see myself using this. It looks aesthetic. But its something you'd buy for like $8 at a Chinese knock-off store.
“Who’s still in? The 3 of us?
Kevin: *No I hate this*
Kevin's laugh made my day 😂
Tbh this design has been invented years ago, for example, the HyperX Solocast, has a button on top of its microphone which mutes you, it also has an illuminating red light showing whether you are muted or not. The mic itself is only $70, it's a great microphone too, I see absolutely no demand in the market for this product.
They are sold out, Till February 2023!
@@prointproint6480That just means the company's dead. Selling 3 when you have 3 is sold out. A lot of crap shark tank products still have listings when the business is long gone.
That was a genuine Kevin laugh 💀🤣
That thing costing them over 11$ to produce is mind boggling, their complete lack of sales while in every staples is laughable and to put the cherry on top they thought it should retail at 40$. Not a horrible product but easily replicated and ran by fools
You do it then bezos
I initially thought the same but they have grown quite a bit now that they have hit Amazon. They now offer a mini version and are pushing ~500 units a month at $40 a pop for the full size and another 500 units per month with their mini version at $25 a pop.
Honestly looks like a 5 dollar Ali express product
As soon as Daymond said, “I’ll make you a de-“ they should have jumped over there and shook his hand Kramer style! “I’ll take it!”
Product on the side, the patent of containing a mute button without a microphone symbol is actually really impressive!
40 dollars! jesus are they out of their minds? For that kind of money just buy a stream deck.
and it does not even have microphone in it. just a button and led button max $10 would do it
Many conferencing software's have push to talk feature. You can be on mute by default and press the space bar or some key combination when you are talking. 😃
That isn’t enough for many situations. For example, when giving a screen share presentation to a client that wouldn’t do it. I could, however, still just slap the button and mute myself without having to switch tab to MS Teams and then mute myself
Yeah but it's not the same, if you share your screen everyone can see that you muted yourself.... trust me, im speaking from 4 years of home office and university distant learning experience. It's not the same
@@Terranova339 As long as you are audible to others when you speak this is a non issue. Speaking from my remote work experience for the past 10 years.
The best time for this was during covid , everyone was home , every meeting was virtual, schools were virtual ..now , it's kind of a hybrid system.. still people might use it but the 40$ price point won't sell much.
Exactly yes ur right. Its a dumb gimmick should be I the sale basket lmao soon
I purchased 2 recently for my boys, who work two tech jobs remotely each. They see value in it. I'm going to get one for myself.
Lmao this is the most important day of their lives & they are laying down their life for their company & they’re just roasting them the entire time 😂😂
It's basically a HyperX Quadcast S (RGB) Microphone, but without being a microphone, which takes up more space on your desk than the microphone itself which can be attached to a mechanical microphone boom.
MuteMe can control other devices that makes it different, I use it with my blue yeti and my AirPods and it works great. Plus i use webex, teams zoom and google meet depending on the meeting (lots of external clients) and having one mute button makes it easy. I have been a big supporter of theirs since their kickstarter and I am surprised this is such a polarizing product.
@@candlesticks2817 It's best a stream deck. You can configure many functions with just buttons at your fingertips.
Lol “people don’t want to take up their screen space”?!?! I don’t want to take up my desk space with a giant button lol
They should of jumped on that Daymond offer lol
This is definitely nothing more than a $9.99 stocking stuffer or office party gift... you use it for like a week and then throw it in the trash.
Man I was expecting this to cost $4.99 anyone paying for a mute button is ridiculous
I thought 20$ CAD which is 15 USD untill i realized it was tiny. Any idea how it costs them over 11$ a unit to make lmao
Has anyone noticed Deymond makes offers like he really doesn't want to...??? And his attitude it's like "Listen pal, I'm doing you a favour"
Yeah, he’s a clown.
He is worse than Barbara. On top of that, if any company that has good sales and is comfortable with their business. He will make them feel guilty by saying "You stole the carpet from the person who needed this platform the most", something like that. If this was the logic, why do multi million dollar companies still raise money, open IPO and dilute themselves. He really is a clown and a hypocrite who is focused only on black people(even his Fubu company is focused on black people)
6:45 Best. Line.
Should have told Kevin to mute himself after he said he hated it. Would have got a laugh and Damon might still be in.
i have one of these buttons with the lights...but mine's got a headphone and a mic as well. AND a drop call button...AND volume buttons...AND it was less than 40 bucks..
Haven't people have heard of the normal mute button?
Interesting idea but, Teams is always listening to the environment and if it hears a noise, like your chair moving, you typing, or even the person speaking in the meeting through your computer speakers, it gives you a notification that you are muted and how to unmute your mic.
I often multitask between windows during conferences. Being able to mute and unmute when I’m tabbed out is awesome
@@vivalavivaldi You know 90% of people have 2 monitors. Which fixes this issue. Are you going to bring your little button with your laptop to Starbucks to work? No.
This product is dogshit and useless.
@@Railerik I have 3 monitors and space still isn’t enough.
@@Railerik Agree!
@@vivalavivaldi Well you are probably the exception.
I’m gonna be honest, this is the type of product I could see being at a local dollar store. If they went with cheaper materials, and mass produced to decrease CGS then I could see it being manufactured at .40 cents and sold at 1.00 with a total 60 percent profit margin
That's horrible. Could easily sell for $4.99. People buy gadgets all the time. $5 ain't much just to see if it's useful. Product like this needs to be 300% plus
Or 5 Below
@Juan Morales - re: "I'm gonna be honest...." 1. Are you not "honest" ALL the time?? 2. Or only when using those meaningless words?
@@warriormanmaxx8991 Do you have any social skills? You don’t seem like you interact with people much
This product is already on shelves in various stores. I have seen it here in Canada.
If this muted actual people on Zoom I would pay 40 dollars
this mutes YOU. the "M" key on your keyboard, like the one i just pressed, mutes you (in most cases). try it while watching a youtube video.
I feel like even if someone who talks a lot had this product, they would still forget to push the button to put themselves on mute. The issue here isn't the lack of technology that helps with this, it's the carelessness of people.
usually kevin will make an offer, but this guys insulted kevin in their pitch, and then when peter jones make a joke about their product, kevin laugh sounds satisfying
The work around for their competition is to add a microphone to the mute button. Also, as someone who does a bunch of Zooms I don't think it is all that difficult to mute yourself. It is a cool looking product though.
The digitally illiterate have a hard time finding things on screen.
Yeah i have no freaking idea how it's difficult to check if you're muted. If you're having a hard time with too much opened windows then get any free software online that WILL help with that. There are tons!
@@BK-ob3loSo instead of taking the minute to learn or teach the digitally illiterate to find the appropriate button to mute themselves, you'd rather spend money on buying a huge physical extension button that does a single task, which is a task that you can already do for free on every single device with minimal hassle? If people buy this stuff, even if it costs a single cent, they deserve to be or feel scammed.
@@Kreze202 Fr, 40 dollars for that is insane, I would pay to NOT have that on my table
A little potential in the product but with the price cost it lowers the chances of it being a big business. They are a bit over optiminist which also could be a downfall towards sales.
Correct
Dragon 🐉 Peter Jones in the Shark tank! 🦈 I loved it
I don’t understand how they didn’t see value in this
I think this is a cool idea
I’m buying one
Will u buy it for 100K so the company can become profitable? Probably not.
They just compared themselves to the Ring doorbell, lol. People will still tend to overlook an illuminated button. They'll still say some nasty stuff on call.
Punjabi Arijit Singh ☠️☠️
This form factor sucks for anyone in an office that needs to move from meeting room to meeting room. I see the use case, being able to see in an office who is on mute and you can talk too and whose mic is hot. But it needs to be more portable.
If a big mute tone or button on your screen can’t distract you, this light won’t either. And Peter is right, someone in Asia is gonna flood the market with this product before they even wake up. Too simple, no USP.
this is so useful wih todays Zoom meetings day in and out
Good concept but it could be made for a way cheaper price, instead of making an all in one device that mutes you and shows that you're muted, you could have just made a device that sends a small macro to your computer and just changes color on every tap. This feature is built in in a lot of laptops nowadays, and Loads of softwares already do this including Microsoft's own powertoys. You could have made a product that requires you to install Microsoft power toys and just interacts with the software and acts as a macro, that would barely cost them $1 to make
Muteme only asset is the provisional patent for the non-mic and light interaction. If granted, the company could be protect their market share against copy cats. Before granted, this company has little sales, high production costs which never can justify the current valuation.
Well if they pitched it to be useful for Streamers and Gamers, like put it beside a steam-deck, maybe they would’ve got something out of it
I was thinking about the same, but then I realized that it can be done in stream-deck itself, also for that, $40 is way too high I guess.
4:33 - Mr Wonderfull muting them 🔇🔇
i want a minute just to drop out...
i am gone i am out i am history 😂🤣🤣🤣🤣
I love this idea! Enough to buy one! I'm also going to do an engraved one to give away at the company holiday party. Everyone will vote for the employee that most had to be told "you're on mute" lol. Love it! lol
and it'll literally just an extra thing for them to forget to push... easier to just shame them Game of Thrones style.
@@sws212 HAHAHAHAHAAHHAHA
Get them a gift card instead. They'll like that more. Lol. 😉
@@ashleyw.6702 My employer is pretty generous with end-of-year gifts, including gift cards for every employee, plus other prizes and gifts. This is just for fun and will for sure get some laughs at the holiday party lol.
Peter Jones on Shark Tank!? This is the crossover I needed! I'm surprised there aren't more comments about this. Maybe people don't watch Dragon's Den as well as Shark Tank.
I watch all shark tank shows I can find and Peter is a legend and amazing to be on the USA shark tank for sure!
Trust me! Its strange right?
What's funnier than their pitch is that this no longer sells at Staples and it's still on their website for $39
PETER JONES?!? Now this is the crossover weve been needing!
This is so expensive and would be useful but not necessarily to everyone. It's good no sharks went on 👍
The company doesn't really match the product. They're operating like a company that would make boutique products, but the problem they're solving isn't worth the price.
It should be a cheap circuit board surrounded by LEDs housed in plastic. Landed price should be under $2 and it should retail for $5-10.
I also think they should scale it as fast as possible and either license it or exit to a company like Logitech. Those guys seem smart. They shouldn't spend more than a few years working on this company.
May benefit those in zoom meetings all day but the price point isn't worth it to me. They talk about preserving screen real estate but I like preserving desk real estate more.
Very great tips provided to them: Add a microphone into it, change up the marketing strategy and push it through social media, manufacture it cheaply in china for a couple dollars to cut the price, and go direct to businesses to sell.
Instantly, I like Parm's personality! 👍🏻
He is trying so hard to impress everyone in that room
It's just as awesome off camera, lights up the room
@@TyeDaviss Doesnt have the sense to realize this isnt a big time product tho. Charisma can only take you so far
The one time you should take the offer without listening to the rest... 😭😭😭
The face on tie when damond dropped out I felt for them not getting a deal
He would’ve dropped out after the show anyway after reflecting on it. But yes they should’ve taken it read the room it was obvi the other sharks weren’t into it.
Imagine plugging your mute button in every time u got a call 😂 horrible idea
I would t even buy this for 5$. Anything over 10$ is madness.
Stupidest idea I've seen on this show in a hot minute. "we're first to market" LMFAO
Me and boys all work in tech. Since they're both working two jobs remotely, they both have it. One of my sons swear by it.
Should make it a 2 button system, one for mic the other for camera
And then someone copies it and they're back to zero
How does that cost 11$ to make ? You can have a whole advanced device shipped from aliexpress for 10$
Not with rechargeable lithium battery with a stainless steel casing, no.
Those guys clearly loved Dr Seuss growing up 😑😅
So it's an IOT device that does something you get for free on Zoom or skype or any meeting room for that matter. And I believe it doesn't take much effort to move your mouse pointer or your finger on the mute button.
You could buy a programmable RGB macro button set from China for $3 or less.
It's much more customizable.
I'm sure Staples is selling a lot more after this aired.
I hope Parm and Tye make millions out of this. Rooting for you guys!! you can do it!!
Lol
😂😂🤣🤣
Its just not something anyone wants, sometimes entrepreneurs blind themselves. Doesnt matter how cool they seem
we found Tye alt account
A top heavy company. Only 4 people and they already have a CEO, CFO, COO and CMO. That's a big red flag if I ever saw one.
I find it amus8ng when people say they're CEO, CFO, COO. I mean nothing wrong in that but big words for a small company.
Peter Jones thinking why the hell he signed up to shark tank
I think they could really sell it for 20 dollars actually, I mean it looks high quality, it's something you do quite a lot and the engraving is a really fun concept, but yeah 40 dollars is quite a lot
The Indian guy big mouth killed it in the beginning when he said MR. wonderful rants.
$39 for a mute button???? That thing is clunky and all I have to do is press mute on my computer.
$40 AND it doesnt connect to your computer? That isn't even close to being worth it. Like Mark suggested, if you could connect this to your computer and mute yourself (maybe even have a switch to turn off your camera as well) then it would be worth maybe 20 bucks. But it's just a button with a red and green light
I would buy this if it's at a dollar store
they are trying so hard to create a product no one needs😂😂🤣🤣. just make a browser extension that activates ur mic when u speak in a certain volume
They are still in business, still running out of a garage at home. They have sold about 1.2 million year to date. So not too shabby, and still going. They created a mini mute though for 20 bucks.
It should be 4.99USD and it should work perfectly everytime. EVERYTIME. It should have a battery that lasts a year. The light should not be THAT distracting. The button should rotate to be able to control the volume. Production and delivery cost should be less than 1USD. It should be plug and play with bluetooth and then only then we're talking. However now the pandemic is over. No need for it.
Ya, not a "need" for anyone. Zoom sucks anyway, most companies uses Google Meet, Microsoft Teams in businesses. The mute button is very small.
What they should do, is come out with a product that automatically mute and unmute when the person is talking. That will solve the "You're on mute" issue.
I agree with most of what you said, but that wouldn't work either, because you sometimes need to mute even if you're talking (to maybe a food delivery guy, family member or anyone for that matter). Basically what you suggested does nothing: no sound anyway when you don't talk, so could just leave the mic on at all times.
I really think it's a very useful product, but the prize is crazy. I would consider buying if it's around $ 10. 😅
How is this useful? The mute button is literally on the screen when you're on a zoom/teams call and everyone who's not stupid knows they should mute/unmute based on when they need to talk. This is legit one of the stupidest products I've ever seen in my life.
@@Railerik Some people like physical espescially the elderly and those bad with technology. Plus the light display for people around you. Very niche/small market but theres a market just not for the absurd 40$ price tag
That is the best way to say about this product, it's a button that go red and green
Confused, how they can make a claim that they were the first illuminated mute button when there are so many microphones out on the market, where you can tap to mute
On their way home they we’re in a horrible accident and ended up having to be air lifted to the hospital. Once they were there they were greeted by Barbara who let them know she was also out.
🤣🤣🤣