Featured Shark Tank Post
Miso Media on Shark Tank Show
Instrument Learning Apps - Season 3 Episode 309 - Update
|Aviv Grill on the Shark Tank Show|
|The New iPic For|
Misco Media Music
Miso Media before the Shark Tank Show
Aviv Grill is the Inventor of Miso Music and is no stranger to success. His invention Won the Audience Choice Award at Tech Crunch Disrupt in September 2010. Later that same year Grill received $600k in seed money led by Google Ventures
to further develop this educational software and expand on the list of songs available to play. In 2011 Miso Music raised an additional $2.4 million in a round of funding led by Mind Fund out of Hong Kong. Grill has also received investment capital from Startup 500 and Justin Timberlake to name just a few more investors.
Miso Media on the Shark Tank Show
Few people going in the Shark Tank have the credentials that Aviv possessed. Having Google as an early stage investor in your business looks very impressive in any one's book, especially Angel Investors before the company actually takes off. Grill was asking $300k investment for a 5% stake in the business valuing the music app business at $6 million. At the time, Grill said there have already been over 80,000 free downloads from the iTunes Store. The marketing strategy was very similar to how John Mcafee made millions giving away free software. By giving away the free music playing app, they could charge the customer for adding new songs and sheet music to their playlist in the future.
As good as everything sounds, the Sharks start dropping like flies. Daymond John smells something fishy and goes out first. Barbara Corcoran's still having nightmare's from the Dot Com Bubble and wants no part of the virtual music business. Robert Herjevic might be interested but doesn't like the premium the companies value currently has and offers $300k for a 10% stake. Mark Cuban offers the same deal but for 8% of the business. Kevin O'Leary, known for his music playing abilities, wants to partner with Mark Cuban but Mark doesn't need Kevin in on this deal. In the end Grill makes a deal with Cuban for 8% of Miso Media.
Miso Media after Shark Tank Update
As you can imagine iTune's lit up the night episode 309 aired and hundred's of thousands of the Miso Media Apps have been downloaded since. They have completed several updates as the Apps keep getting that much better as the technology continues to develop. Did you know they also make a guitar pick called the iPic?
Think about that question for a second. Yes, virtual music in many form's is here to stay. Our kid's will wonder how anyone ever learned to play a musical instrument without the help of their smart phone.
Miso Media offers 3 Apps along with a new program that puts music teacher's in touch with student's.
|New Miso Musical Apps|
Miso Strobe Tuner is the perfect App to tune your musical instruments with. Whether it's your guitar that's a little out of tune or even a drum set, the Miso Strobe Tuner can get it just right. Great Reviews on iTunes.
Miso Sonata Sheet Music will be available shortly later this year. If the Music App can teach you how to play just about any song you can think of in a virtual world, then the Miso Sonata can show you how to play a real instrument with the sheet music provided. THIS will be a Big Hit and a huge money maker in the future for the company! Look for Miso Media to take over the musical industry one Musical App at a time.
iPic now Manufactured by Woodies
Miso Media Website