How the Cycloramic video app made US$200,000 just an hour after appearing on 'Shark Tank'
How the Cycloramic video app made US$200,000 just an hour after app…
Feb 3, 2014
financialpost.com
Motiv Teacher on Instagram: "🚀 From an idea to a multi-million dollar exit 💡 When Bruno Francois walked into the Shark Tank with his app Cycloramic, many people thought it was just a “cool trick.” The app could make an iPhone spin 360° on its own and take panoramic photos 📸. At first, the Sharks were skeptical… but then Mark Cuban and Lori Greiner saw the vision. They invested $500,000 for 15%. Here’s the crazy part: within 30 minutes of the episode airing, the app became the #1 downloaded ap
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Motiv Teacher on Instagram: "🚀 From an idea to a multi-million dollar exi…
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Instagrammotivteacher
Entrepreneurship | Business | AI on Instagram: "In Season 5, Episode 13 of Shark Tank, Bruno Francois captivated the sharks with his innovative app, Cycloramic. The app ingeniously used a smartphone's vibration feature to rotate it 360 degrees on a flat surface, capturing seamless panoramic photos and videos hands-free. Bruno's demonstration left the sharks in awe, particularly Mark Cuban and Lori Greiner. After a compelling negotiation, Bruno secured a deal for $500,000 in exchange for 15% equi
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Before appearing on “Shark Tank” in January 2014, the Cycloramic app had approximately 660,000 downloads, generating about $175,000 in revenue. The exposure from the show led to a significant surge in popularity, with the app reaching the number one spot on iTunes and bringing in an additional $1.5 million in sales. In total, Cycloramic generated around $1.675 million in revenue from its app sales. Later, the underlying technology was adapted into a new venture called Car360, which was acquired
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Before appearing on “Shark Tank” in January 2014, the Cycloramic a…
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Tranquess on Instagram: "The App That Spun Into a $22M Exit 📱💸 — From vibrations to valuation. When Bruno Francois stepped into Shark Tank with Cycloramic, he had a wild pitch: An iPhone app that spins your phone hands-free using nothing but internal vibrations to take 360° photos. Gimmick? Maybe. Genius? Definitely. 💰 Ask: $90K for 5% 📈 Sales: $660K with $1M projected 🔥 Final Deal: $500K for 15% — Mark Cuban & Lori Greiner What happened next? ✅ 8 million downloads ✅ Pivoted into Car360 ✅ A
Tranquess on Instagram: "The App That Spun Into a $22M Exit 📱💸 — Fro…
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