Dream Park Shark Tank | Season 16
Sharks Step into Dream Park’s Mixed Reality Magic (Image Credit: ABC/Shark Tank)
How would you like to be inside an exciting video game? It would be a novel experience to explore. In today’s digital age, many of us are engrossed in our devices, leading to a sedentary lifestyle. Children should engage in outdoor play, friends should meet in person, and everyone should be more active. However, with everything accessible on our cellphones, motivation wanes. Dream Park aims to address this issue.
Dream Park, formerly known as Future Circus, blends reality and virtual wonder, bringing people together on another level. The company was founded by three entrepreneurs: Brent Bushnell, Aidan Wolf, and Kevin Habich. These game makers create a futuristic group of games.
Will the sharks help the entrepreneurs in their mixed reality journey?
About Dream Park
| Category | Details |
| Founder (Plural if multiple) | Brent Bushnell, Aidan Wolf, and Kevin Habich |
| Product Type | Virtual Amusement and Theme Parks |
| Funding (Pre-Shark Tank) | Self-Funded |
| Investment Asked | $500,000 |
| Equity Offered | 5% |
What Happened on the Shark Tank Episode?
Co-founder Brent Bushnell presents an engaging and futuristic pitch on Shark Tank Season 16, Episode 15. He explains to the sharks the importance of people meeting one another, interacting in person, and just getting out of their houses. Given that our world is shifting more and more digitally, people’s connection with the virtual world is inevitable. That’s where Dream Park comes in.
- He further explains that they create futuristic games. For that, they use standard locations like basketball courts and parking lots to transform the “playground.” Then comes into the picture the latest mixed reality technology. You can just download the theme parks. Playing the game feels like living inside your favorite video game. You can cycle around the parking lot, play with fireballs with your friends, and more. All you need to do is put on a pair of goggles.
- The entrepreneur explains that the video game industry is worth $350 billion. He then gives Mark and Daniel a demo of his futuristic game. They wear the headset and start throwing fireballs at each other with a visual wizard wand.
- Kevin asks to confirm what it needs to run a physical place, listing AC, some food and beverage, some parking, and wireless internet. The entrepreneur adds that most of those things are already in those vacant retail spaces.
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What Makes Dream Park Unique?
Dream Park is all about mixing reality with virtuality. With the use of Meta Quest 3 headsets, they turn a real-world location into an interactive area. The physical location acts as the base, and then there is a digital layer over it.
- The virtual theme parks are downloadable. You move through a physical location with virtual obstacles in it. You interact with them as you would in a video game, but here, you do that physically.
- You use locations like basketball courts, parking lots, and similar open areas that give enough space.
- This game is better than ordinary video games because it upgrades a dull physical area into a thrilling virtual one. It opens a new world for exploration, and it gets you moving!
Did Dream Park Get a Deal on Shark Tank?
After a very interactive pitch from the entrepreneur, the sharks ask their questions and give suggestions.
- Daniel inquires if the business has made any sales yet. The entrepreneurs explain they have only built software so far. He adds that they have done a few events and made $9,000.
- Barbara asks how the process actually works. Brent mentioned they aim to charge approximately $1 per minute of entertainment, translating to an average spend of about $30 per person.
- Daniel suggests that the idea is great, but it is a little too early for him to invest in it.
- Barbara shares concerns since the entrepreneur lost all his money in the previous venture, and none of his investors or partners are with him now.
- Kevin does not like the valuation and says he won’t make an offer. Mark goes out, too. And Lori also does not invest since the industry does not align with her expertise.
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What Happened to Dream Park After Shark Tank?
You’ll find ongoing coverage of Shark Tank businesses here. We cover news about the entrepreneurs and their companies post-show. Although Dream Park hasn’t maintained a highly active online presence, Google Trends indicates increased search activity for the company.
Where Can You Buy It?
Dream Park offers location-based chances to play the game. They host pop-up events as well. To date, Dream Park has hosted several mixed reality events. To keep track of their future events or to get updates on new launches on their Instagram account.
Quick Summary
- Brent Bushnell appears on Shark Tank, representing his co-founders to pitch their business, Dream Park.
- Dream Park offers a futuristic experience that seamlessly blends real and virtual worlds.
- The entrepreneur fails to secure any deal with the sharks.
