Bill Lyons, founder of Revestor, explains why the investors on Shark Tank were unreceptive to his software company during his 2012 pitch.
0:00 / 0:04exact quote · 4.8s
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“I mean, at the time there had been no tech companies on Shark Tank.”
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More from Bill Lyons
Opinion
Lyons: San Diego properties cannot cash flow on long-term rental leases
“In San Diego, you know, you're never going to get anything to cashflow on a long-term basis on a short-term basis. You know, you can get five or 600 bucks a night.”
Bill LyonsNov 5, 2016▶ 10:37EP 469: SharkTank Sunk Him, Then He Won Big With $1.4M with Revestor CEO Bill Lyons
AssertionNot checkable as stated
Bill Lyons: Mortgage company grew from $500K in 2014 to $5.5M in 2016
“At the end of 2013 and in 2014, we did 500 K in revenue, 2015, 1.7. And in 2016, we're going to do 5.5 million.”
Bill LyonsNov 5, 2016▶ 5:05EP 469: SharkTank Sunk Him, Then He Won Big With $1.4M with Revestor CEO Bill Lyons
Disclosure
Revestor generated zero revenue in September 2016
“Zero.”
Bill LyonsNov 5, 2016▶ 5:56EP 469: SharkTank Sunk Him, Then He Won Big With $1.4M with Revestor CEO Bill Lyons
Disclosure
Producer told Lyons to lower Shark Tank ask: 'sharks are pissed today'
“Originally I was asking for 500 grand for 10%, and then in the dressing room, the producer came back, he goes, man, the sharks are pissed today, you need to lower it.”
Bill LyonsNov 5, 2016▶ 3:02EP 469: SharkTank Sunk Him, Then He Won Big With $1.4M with Revestor CEO Bill Lyons
AssertionNot checkable as stated
Bill Lyons: Revestor never surpassed 1,000 paying users post-Shark Tank
“We built it up to about 15,000 users. We never got over a thousand paid users and it just kind of sat there for awhile.”
Bill LyonsNov 5, 2016▶ 4:26EP 469: SharkTank Sunk Him, Then He Won Big With $1.4M with Revestor CEO Bill Lyons
Disclosure
Revestor pays ListHub around $6,000 per month for MLS data
“It's like six grand a month.”
Bill LyonsNov 5, 2016▶ 7:33EP 469: SharkTank Sunk Him, Then He Won Big With $1.4M with Revestor CEO Bill Lyons
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