Ryan Frankel and Kunal Sarda, two Wharton Business school graduates, pitch VerbalizeIt – their innovative smart phone app that connects travelers with live translators all over the globe. The “techtrepreneurs” met at Wharton and realized the need for such a service after sharing horror stories about not being able to communicate while traveling overseas. They also realized the need for real human translators, not a voice recognition algorithm. Subtleties like dialect, accents, and regional slang can trip up computer translators, so they built a network of people to deliver the service and used the app as an aggregation center for the service. VerbalizeIt ensures “language is never a barrier in any conversation.”
VerbalizeIt Tank Recap
Ryan and Kunal will pitch their business to Mark Cuban, Barbara Corcoran, Robert Herjavec, Daymond John and Kevin O’Leary in episode 424. Success or failure will depend on the business valuation, whether the Sharks find the business viable, sales figures, and a host of other intangibles. Success or failure in the Shark Tank is a dicey proposition; is VerbalizeIt up to the scrutiny? A full re-cap will be posted once this episode airs.
VerbalizeIt Shark Tank Update
Shark Tank Blog will continue to follow Ryan Frankel and Kunal Sarda after their appearance to track their success. Will VerbalizeIt be another Shark Tank Success story? A good business plan, good financials, and sales data will impress the Sharks, but they’ll need to show them THEY are capable of running the company to “Shark standards.” A full pitch re-cap on VerbalizeIt, Ryan Frankel, and Kunal Sarda will be available on Shark Tank Blog once this episode airs.
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