Shark Tank: ValPark mobile Valet App Fails to Get A Deal from Sharks

October 9, 2015

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next up is Wayne Johnson of ValPark cellular, a cellular parking answer. 300,000 for 20 %.

The app allows folks to search out and pay for a valet for no matter you love, whether it be a club or a leisure venue. they are available at 100+ locations inside a tri-state house.

Lori Greiner wants to learn more. to be able to use ValPark, you want to create a profile that includes issues like title and PIN. once requested, the auto is correct out of doors.

Mark Cuban wonders how something like this may also be scaled. final year, they made $ 270,000.

If I had ValPark, i would valet more often in big cities! #SharkTank

— Angel Boucher (@aboucher85) October 10, 2015

Troy Carter cites the issue of replica cats that would probably scale extra quickly than him, however Cuban sees the problem as extra of how they can generate profits.

Carter has, in truth, invested in Uber, and he sees ValPark as very niche since he is best situated in a tri- state space of Washington D.C., Virginia and Maryland. He goes out.

Cuban just does no longer see it scaling enough, so goes out as neatly.

Kevin O’Leary doesn’t see his vision either, so he too goes out.

Lori Greiner sees the problem in him having some other companion already, so she goes out.

Daymond John sees the provider as treasured but feels as though he doesn’t understand tool and know-how enough. He desires Cuban or Carter to partner with him. Neither of them agree and he goes out.

“i love a paranoid founder who thinks there may be somebody within the storage ready to devour his lunch.” -Entrepreneurs, do not put out of your mind this. #SharkTank

— Daymond John (@TheSharkDaymond) October 10, 2015