Third party Skype service tries to get funding from the 'Shark Tank'

There's a ton of competitive reality TV shows on the air these days, but none of them are quite like Shark Tank. The ABC show, which has slowly but surely gained an audience since it debuted in 2009, features a panel of business people who take pitches from start up companies, asking for money to invest in their corporations. One of the people on the panel is billionaire Mark Cuban, who famously expressed his love for Windows Phone in 2012.

Tonight, Shark Tank airs the final episode of its fourth season and one of its segments will feature a pitch from a company that offers a third party add-on for Skype users. The official Skype blog states the company is VerbalizeIt, which has an app that allows Skype users to have access to live bi-lingual interpreters for voice and video calls.

The blog states:

They’ve gone from four to six translation languages and from a community of 2,000 interpreters to over 5,000 bi-lingual (and tri-lingual) experts on call. They now have interpreters specialized in specific industries such as medical, legal and financial translation.

VerbalizeIt's CEO Ryan Frankel and Kunal Sarda worked for months to make their pitch to the Shark Tank panel of investors and spent about an hour trying to see if one or more would invest in their company. While the episode has already been filmed, the final results of their pitch have naturally remained a secret. Shark Tank will reveal all at 9 pm ET tonight on ABC.

Source: Skype blog | Image via ABC

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8 Comments

Also, "Shark Tank" itself has competition - Comcast (via CNBC) has launched "Crowd Rules" as part of the recently-revamped CNBC Prime schedule redo. "Crowd Rules" airs Tuesdays at 9pm on CNBC.

jordanspringer said,
The Canadian version of this show (Dragon's Den) is way better. Same investors, without all the BS drama/hype.

Yeah it stays to the core of what the show is supposed to be about.

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