Sharks Are Astonished By Costly Business Model

Sharks Are Astonished By Costly Business Model | Shark Tank AUS

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5 жыл бұрын

Chris Ghaleb and Patrick Azzi entered the tank with an “amazing” business concept that left the investors clutching onto their pockets when they heard the valuation. They came in asking for $2M for an equity stake of 20%. Their company will project your home plans with cutting edge technology so you and the family can see your dream home before it’s constructed. This may be the highest valuation of the season but do the Sharks see this scaling worldwide?
Company Website: www.lifesizeplans.com/
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Пікірлер: 774

@psoteriou3884 4 жыл бұрын

I predict VR will end their business model within 3-4 years, unless they adapt quickly. Projection into a full size space is already expensive, but it will quickly become anachronistic and unnecessary.

@ronniegalv23 4 жыл бұрын

This is potentially a billion dollar business

@PaulsMechanics 4 жыл бұрын

“Sharks”: I just simply don’t have 2 million so therefore I’m out 😑

@Itisfinished2024 4 жыл бұрын

They don't need the sharks at all. They need a data base of architects that can sell there product as part of the design package

@coldlikechips 4 жыл бұрын

I would use this service. And imagine been able to change the plans as your walking though. Pushing walls out and changing room sizes on the fly.

@lajomehta 4 жыл бұрын

They dont invest in anything tht requires 6 figures

@simoncleverly5107 4 жыл бұрын

They try to make these scenes far too dramatic, with the over the top music and the repeat faces that the sharks make. Dragon's Den is the OG investment programme and that's where it's at, no doubt.

@Nightstalker321 4 жыл бұрын

Jenny called from the UK.......”I’m out”

@politiciansarehonestNOT 2 жыл бұрын

never trust a leb

@liammoroney6046 4 жыл бұрын

Or use VR and not need any of this...

@dominicm255 4 жыл бұрын

Well, they got what is probably more important than the money. The EXPOSURE!

@ThePrimeMinisterOfTheBlock 4 жыл бұрын

> fat guy

@i_fuk_religion 4 жыл бұрын

My background is IT because I have facebook and instagram account, and I can do emails too.

@diablojd52 4 жыл бұрын

The problem is evaluations too high because their cost is too high because they're not allowing for an error margin for their projection system.this could be simplified by allowing for a margin of error and instead of having them so precise you just have a focal point of reference so that they can calibrate the system every time they do a new projection such as set in a ruler on the ground or tape measure to calibrate the scale.

@tiimsmiith1130 4 жыл бұрын

Chris: Every time i build a house, the customer always wants to change something mid build.

@kellym8656 3 жыл бұрын

Interesting business idea, we use this in facilities engineering, it's called 3P. We mostly use chalk and cardboard. They did an example of this in The Founder movie. This could be significantly less expensive.

@midnightspeedpainter3602 4 жыл бұрын

Could of done it sooooo much cheaper than 700k startup. Just get a big warehouse and do it all in VR or AR. Boom, couple $k versus 700.

@sirplantain 4 жыл бұрын

I've heard of building contractors doing something similar however they weren't using projectors. As a garden designer (I started working as a garden designer and landscaper 15 years ago) I would mark out the area on a grass pitch (a large area of grass) with spray chalk and/or posts. I do like their product/idea and had it been around 15 years ago and been cheaper, I would definitely have used it.