@@polarbear1291 this actually exists in some countries (: quite expensive so they only use it for large projects or companies who sell multiple similar houses. For normal houses, it's just not worth it. Source: I was a developer for it at some point
Tom Goldenheart Not my job to search every member of the tank and calculate their combined net worth and then look at every American sharks net worth. Ain’t worth my time and if someone’s gonna make a claim they better back it up
Imagine being so desperate for likes and attention that you take your idiotic, juvenile, obnoxious Jenny spam to the Australian videos. How depressing and worthless must your existence be. Are you 12 years old or do you just think and act like you are still 12? Pitiful and pathetic.
It's more being smart with the money you have. That barrier of entry is scary . I feel if they can bring that price down they'll get a better look from investors. My main thought was getting customers in the door , since 55 people a week looking to build a home , even in busy area seems a like a reach , also barring the housing market being healthy. But thinking about it again I realized this can scale to business /cooperate customers . Having a location outside New York City (New Jersey or Westchester ) . Now you have a 30 minute commute to visit which is great and all the clients in the world. In a place like new York that 700,000 is now not that big . If they invest in better tech /software and higher an engineer to cut cost , this is gonna blow up
I predict VR will end their business model within 3-4 years, unless they adapt quickly. Projection into a full size space is already expensive, but it will quickly become anachronistic and unnecessary.
@@Tommmmmmmmmmmm Pretty sure there are prototypes in the works to allow for touch. I know Facebook-Meta is working on haptic gloves, specifically. It'd take a lot longer to get to actual sensation replication but it's certainly on the way
@@antheajohnson4234 not really the cost of such software to even get started would be in the millions. It would cost the home buyer too much money as well I'm thinking 10k easy compared to 1,100. It would also take way too much time to process all this information Into a computer. Not to mention multiple computer engineers on staff which is 100k+ a year each. This is somewhat of a impulse buy for the home owner at only 1,000.
@@ronniegalv23 Yes, but when you try and sell lifestyle( in this case the experience of walking through the house/design/space), aesthetics, genius loci and materiality plays a massive part in the saleability of a design. Having Furniture on a 1:1 scale plan, does not reproduce the success that ambience, lighting and aesthetics do in terms of getting people to agree on a plan. If anything it will make the customer question their decision, not agree that they made the right choice or make it easier to agree I'm in architecture mate. 3D models and ray-tracing are specifically used in portfolio showings, design projects that are directly shown to investors, government councils and clients because those techniques work.
The problem is evaluations too high because their cost is too high because they're not allowing for an error margin for their projection system.this could be simplified by allowing for a margin of error and instead of having them so precise you just have a focal point of reference so that they can calibrate the system every time they do a new projection such as set in a ruler on the ground or tape measure to calibrate the scale.
I think the best overall solution would be cameras and tracking markers. This way you can track the position of the floor (and even the building) in three dimensions. Then you get need a bit of software to do some fairly straightforward math and alter the projected image accordingly.
Interesting business idea, we use this in facilities engineering, it's called 3P. We mostly use chalk and cardboard. They did an example of this in The Founder movie. This could be significantly less expensive.
Chris: Every time i build a house, the customer always wants to change something mid build. Shark: Haha, We can all relate to that! Me: No, no we can't...
I've heard of building contractors doing something similar however they weren't using projectors. As a garden designer (I started working as a garden designer and landscaper 15 years ago) I would mark out the area on a grass pitch (a large area of grass) with spray chalk and/or posts. I do like their product/idea and had it been around 15 years ago and been cheaper, I would definitely have used it.
They try to make these scenes far too dramatic, with the over the top music and the repeat faces that the sharks make. Dragon's Den is the OG investment programme and that's where it's at, no doubt.
Even without VR, they could do without most of the fancy rigging. Calibrate some digital projectors on the fly, and it doesn't matter how much they shift over time.
VR is a good idea, but you cant physically walk through the house, and youd have to model everything and remodel everything. It's a good idea in theory, but not in practice.
@@jackmcdonald8355 I beg to differ. Using a VR-approach in an empty warehouse is completely possible as long as the warehouse size remains larger than the size of the life-size model of the house. That way I can walk around the house using VR while in real life it will be an empty warehouse
Forget about home owners! What about small business? Yachts are designed every year and space is a key factor! This would be so helpful. I hope they do well.
Exactly, how many people build a house per day? The number of customer can be handled without projectors, even better visuals than just 2d projectors, we can use light weight paper props, installed manually following the plan drawing, it might need 1-2 hours to install but i think that should be enough handling the number of customer
This should be able to be done in any warehouse with a relatively inexpensive floor paint and relatively inexpensive projector(s). Sometimes projecting the image at the actual construction site and even directly onto a foundation or sub floor can be desired too.
Steve @9:10 "if only you could stand one of these up for 200k, cause right now YOU ARE PUTTING CLOSE TO A BRICK ON THE LINE". AYEEE STEVE OUT HERE MOVIN BRICKS!!! BRICK TALK
So I identified a few key points they failed in this pitch but it's always hard to see if they even addressed them: 1) Cost breakdown off the top of my head I'd say that the biggest cost would be the rigging and construction of the site. The projectors have an X year lifespan (say 10) so the majority of the build could last a lot longer say (30) 2) Identify ways in which costs could be reduced, either through more volume of sales or alternative products coming onto the market. 3) Identify and convey the cost of build over the years. If the build needs to be paid in full okay say that's 700k but the equipment could be 300k financed over 10 years from any number of companies. 4) Maybe the build could be financed 30% down plus x% a year over 10 years at ridiculously great profit margin. 5) Identify alternative fit outs for alternative clients. You could split it up into townhouses or apartment units and show through 2 parties or 4 parties simultaneously. Cafes, restaurants and other fit outs.
This is probably the most investable pitch I’ve seen on any show,33% for 2mill and they’re guaranteed to their investment back from one warehouse in 5 years so imagine if it’s scaled right
exactly i have to wonder the actual wealth these so called sharks have, is any of it liquid, or ar they just there to invest 50,000 25k, etc.etc. and hve a good time. i think in the us version where you basically have billionaires they would vbe all over this
They could fix their startup costs pretty easily. You don't need to level the floors, you don't need to stabilize the structure and all of that. You just need a system that tracks variables optically. All you would need is some tracking markers on the floor, some cameras to check the distances, and a bit of clever software to do the math and alter the projected image. They will need to put some cash into developing the software (the hardware already exists), but this will bring the startup cost down dramatically. I think you could get it down under $200k no problem.
@@SuperpowerBroadcasting No, he's talking about image distortion. You wouldn't brace the entire structure and level the floors to keep a projector from falling.
Problem with this idea is that the big housing developers can copy it and use it as a free included service as a selling point for their company,they could roll it out nationally within months and put these guys out of business.
@@JacaboBlanco License what? its a projector on a roof of a warehouse,yes it has to be done correctly but its not patented and any of the big housing companies could do it as they have the capital to be able to set this up in multiple locations.
Not to mention that big companies would probably just use VR headsets, which would be far cheaper yet has the same effect. My question is would something like this work in South Africa? 🤔
Doesn't matter if the floor is leved or not, not if the ceiling moves or whatever. Project a grid from the projector, take a picture of it with the projector, re-shape your image based on the deformation of the grid, the. You get your solution! This is how barcode scanners work...
Man they could just rig a stage to be perfectly level and as large as they want, then rig up some scaffolding to hold the projector and adjust it as they need.
He explained that the flooring has to be evened in such a way to be able to set the drawings. And also have some metal structures fit and projectors ha e to be precise and can't move an inch... They can't set up regular so have to invest at start and 3d projectora ain't cheap. Then there's the warehouse rent and incidentals and taxes and stuff.. So it's pretty realistic
Their business was cool but they set off so many warning signs as a team. A pitch from a team that doesn't mesh together is not worth the trouble they'd cause.
No I just think most of these sharks aren't true, big investors. They throw 100k here and there for ~20% or more of small businesses but they'd almost never invest 2million for 20% no matter how good the business is.
Instead of licensing for 100k a year or whatever, why don't they use the 2 million to build 2 more facilities themselves? At 1 million profit per facility per year, they could make the money back within the first two years. Franchising seems not worth it when their are probably only a few cities in Australia with enough demand to make it worthwhile and they only need to pay 1-2 managers per facility.
With virtual reality, these guys will go out of business. All you need is a software and VR glasses. You can experience new floor plan sitting in your current house.
Shark Tank Australia is not a "Shark" tank. So many heartwarming episodes. Yes, Steve Baxter is a bit rough sometimes, but all "Sharks" show empathy and compassion that I rarely see on Shark Tank US or Dragon's den. Huge huge fan of the show!
for high net worth clients this is probably a must! most of these dragons do not have a stomach for 2M with a high risk of failure, when they could buy 10 or 20 businesses and they only need one of them to succeed.
That is an awesome idea. I grew up in the construction industry and for the price of projecting it in a warehouse, you could simply save yourself so much hassle as a builder. It’s not just the customers are happier, but the builder doesn’t have to deal with the frustration and extra cost of fixing design problems. I don’t live in Oz, but I’d seriously consider doing this in Japan if everything here wasn’t just prefab crap.
*@9:42 Am I the only one that thinks the black haired guy looks like Alan Rickman in the Harry Potter movie* ? Never watched them, but seen the previews. 😄
The 700k cost for a franchise is actually pretty much in line with other franchise solutions with similar returns plus you only need a warehouse which is way cheaper than renting/buying prime real estate locations for similarly priced franchise options.
When they walk in, these two don't look like they've come for an investment, they look like they've come to recover a bad debt. I expected the big guy to have a Russian accent and the other guy to sound like a New York Italian gangster.
Interesting, but the startup costs are way too high (yes I realise this if from a few years ago. Instead of completely static projectors, it'd be a much better idea to have them self calibrating and you could just put markers on the floor that they would calibrate themselves to every hour or whatever. Really though, the whole thing should be VR.
The projection system that needs perfect floors and special mounts is crazy. Same thing can be accomplished with computer controlled lights built into the floors. Changes could be seen in an instant.
Is funny they aways find an excuse to be out when talking that amount of money. On this one I was like let's see what excuse they going have because this guys clearly knows what they are doing and talking about. They just dont invest on more then 250,000 anything higher they are ou.
It'd be better to find a way to translate the architectural drafts into a model built on unreal engine that you can walk through in VR, or some form of augmented reality. The benefit to this model is the realistic scale a person can experience and the taking ownership psychology of having real objects in real space and troubleshooting before finalizing plans.
Why don’t they build a very large stand to hold the projector instead of mounting it to the building and having to structurally reinforce it so it doesn’t move?
@@jboy27 JUST- first to do a decent 3d model of a house would cost even more money. Second many people want to avoid all that 3d shit, it feels strange. Though I suppose it is closer to reality now. I believe these videos are ancient.
Yeah, but imagine the time it takes to set up the vr world..? Youll need a programmer to work on it for a few days..! That would be too expensive for a customer!
@@Nathan-B setting up an evironment with assets pulled from a pre-established library would be easy, the tedious part is measurements, which the featured business has to do anyway.
@@Nathan-B you dont need programming... im comfortably familiar with industry standard 3d softwares but havent a notion of how to program. theyre not difficult to use.
Make use of VR, don't need so much physical space, it is scable in virtual world. And people can have better feel on having the furnitures all around them so they can feel constricted or not, and if there is multi storey house, it is feasible too
i'm an architect, and using VR would be 100 times easier, cheaper and better at solving the problem than this solution. they should buy a few VR headsets and have the customers use them to go through their projects and edit them
I found my way here from the UK Dragons Den, and I’m blown away that nearly every other entrepreneur asks for millions of dollars as an investment 🤯 ..
the thing is that in shart tank aus not all the sharks are that rich like for expl in us so 2 million is huge for some of these sharks, where if it was in shark tank usa 2mill is nthn so more opportunities
Having just bought my first house, I would definitively have liked this service. We had at least three phone calls just on a water inlet pipe because people disagreed on whether or not there was room for a sink where it was (there was not!)
@@user-wickedflower Kate, u scored a decent call sign. its been over a yr since i dropped that HELLO, words to fill in some comments' with . // i may say me be old but the truth IS i do not recall without looking back first. although every time i have concerned with my own fly, i have looked down first and every Body would see me bending to look there might be an app one day fly open app // so i can not claim to presume any a thing, after all i am in accounting and assumption is the mother-Father's day flip up of all flip up cards, even Tarot had a card for that flip up. love the call sign name, Kate i usually bump into blokes of all sorts of adjectives and sizes but to reply to a Kate well there is a First out of the gate 4 me on this too. myop I bet u knew more of these horses out of the gate than i do, mate. U bet well and should be feared when confronted let all sharks and minions too, know Kate is in the House and she means Business, fly or no fly fishing. God Bless
This is actually one of the best idea's I've seen on this and dragons. Very creative and valuable. It really is a pity they left without getting backing I hope they can lower that cost so they can get the investment.
The idea is good, execution not. You can do this way better with a VR headset, a piece of software and any old warehouse that is large enough. The costs of doing this would be a fraction from the $700K they need. It's actually kinda ridiculous that they spent so much money on a system like this when you think about it (they made their money back but regardless, this idea isn't going to fly as it was pitched). VR version would have many other advantages besides costs too. If the software was smart enough, you as the buyer could for instance select a wall and move it back or forth to resize rooms on the fly, add in furniture, change wallpapers, materials, etc. You could basically walk inside the virtual version of your future house before it was even built.
If I had money, I would have invested 6 million for 50.01 % stake.I would have asked them to invest this 6 million to start 8 studios ( no franchise ) ...If andrew is correct ( 3 million /year), I can get atleast 9 million.Next year , I could launch an IPO, with PE valuation of 25 ie 225 million.By diluting 25 percent , we could raise 75 million.We would then start more than 100 studios all over the world. By end of second year , our profit will reach 110 million ,giving us valuation of 2.8 billion!!!!!. So my value of holdings is more than 1 billion now.... I think sharks did a mistake...correct me if I wrong.
I'm not sure the sharks have 6 million, though they might be able to get access to it through loans. I'm also not sure if the business owners have any sort of protection to keep big players from copying them worldwide. 100 studios may be doable over 10-20 years, but it seems too much for 1 year.
![Seungmin "그렇게, 천천히, 우리(As we are)" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/kAzmhLHePqU/mqdefault.jpg)
I would use this service. And imagine been able to change the plans as your walking though. Pushing walls out and changing room sizes on the fly.
THIS! VR for house design
@@polarbear1291 this actually exists in some countries (: quite expensive so they only use it for large projects or companies who sell multiple similar houses. For normal houses, it's just not worth it. Source: I was a developer for it at some point
@@polarbear1291 It already exists. You can design your house and walk in it in VR.
imagine be able to do it digitally with things like revitt and outcad WOAH
Since its only plan, what happened to the elevation?? Oculus do the better job with less money, in fact we have clients and they happy with the oculus
They dont invest in anything tht requires 6 figures
I think you mean 7?
They barely invest over 300,000
Almost all of them are worth less combined than any one person on American Shark Tank.
Cth Justin Source?
Tom Goldenheart Not my job to search every member of the tank and calculate their combined net worth and then look at every American sharks net worth. Ain’t worth my time and if someone’s gonna make a claim they better back it up
They don't need the sharks at all. They need a data base of architects that can sell there product as part of the design package
Well, they got what is probably more important than the money. The EXPOSURE!
The real reason alto go on
Yeah that's why the guy walked in with his fly open. 🤣
Jenny called from the UK.......”I’m out”
Night Stalker 😂😂😂
Lol 😂
Imagine being so desperate for likes and attention that you take your idiotic, juvenile, obnoxious Jenny spam to the Australian videos. How depressing and worthless must your existence be. Are you 12 years old or do you just think and act like you are still 12? Pitiful and pathetic.
@@Mogamishu So are you out then?
@@Mogamishu Jenny... is that you yeah?
“Sharks”: I just simply don’t have 2 million so therefore I’m out 😑
Not too sure about the rest of them but Andrew and Steve have a 300mil net worth or something crazy like that
Apparently Andrew has invested in a coffee pod business for $2.5M back in 2017 :|
It's more being smart with the money you have. That barrier of entry is scary . I feel if they can bring that price down they'll get a better look from investors. My main thought was getting customers in the door , since 55 people a week looking to build a home , even in busy area seems a like a reach , also barring the housing market being healthy. But thinking about it again I realized this can scale to business /cooperate customers . Having a location outside New York City (New Jersey or Westchester ) . Now you have a 30 minute commute to visit which is great and all the clients in the world. In a place like new York that 700,000 is now not that big . If they invest in better tech /software and higher an engineer to cut cost , this is gonna blow up
Mark cuban has
Oliver Galmond do you see Mark Cuban at this panel of “sharks”?
I predict VR will end their business model within 3-4 years, unless they adapt quickly. Projection into a full size space is already expensive, but it will quickly become anachronistic and unnecessary.
Exactly!! 2025 should be that year of VR reaching critical mass
@@pulz1191 how do you feel physical things like beds, couches, tables, walls etc in VR?
@@Tommmmmmmmmmmm Pretty sure there are prototypes in the works to allow for touch. I know Facebook-Meta is working on haptic gloves, specifically. It'd take a lot longer to get to actual sensation replication but it's certainly on the way
You'd still need the space to walk around in
@@rolirolster VR treadmills. Also jank, but also being worked on
This is potentially a billion dollar business
Cuban would have done it!!!
Not really. Computer software would be 100 better. Like a virtual reality business for 1:1 scale homes
@@antheajohnson4234 not really the cost of such software to even get started would be in the millions. It would cost the home buyer too much money as well I'm thinking 10k easy compared to 1,100. It would also take way too much time to process all this information Into a computer. Not to mention multiple computer engineers on staff which is 100k+ a year each. This is somewhat of a impulse buy for the home owner at only 1,000.
@@ronniegalv23 Yes, but when you try and sell lifestyle( in this case the experience of walking through the house/design/space), aesthetics, genius loci and materiality plays a massive part in the saleability of a design. Having Furniture on a 1:1 scale plan, does not reproduce the success that ambience, lighting and aesthetics do in terms of getting people to agree on a plan. If anything it will make the customer question their decision, not agree that they made the right choice or make it easier to agree I'm in architecture mate. 3D models and ray-tracing are specifically used in portfolio showings, design projects that are directly shown to investors, government councils and clients because those techniques work.
RUclipsz what about vr.
The problem is evaluations too high because their cost is too high because they're not allowing for an error margin for their projection system.this could be simplified by allowing for a margin of error and instead of having them so precise you just have a focal point of reference so that they can calibrate the system every time they do a new projection such as set in a ruler on the ground or tape measure to calibrate the scale.
I think the best overall solution would be cameras and tracking markers. This way you can track the position of the floor (and even the building) in three dimensions. Then you get need a bit of software to do some fairly straightforward math and alter the projected image accordingly.
No.
> fat guy
> "larger than life businessman"
Interesting business idea, we use this in facilities engineering, it's called 3P. We mostly use chalk and cardboard. They did an example of this in The Founder movie. This could be significantly less expensive.
Chris: Every time i build a house, the customer always wants to change something mid build.
Shark: Haha, We can all relate to that!
Me: No, no we can't...
How come?
Mindaugas Murauskas we cant afford a house
A custom house outside the city costs less than $500k. You can't afford that? You need to check your finances
Are you poor or something ?
Jokes me to bro me to . #ghetto
@@SF-eo6xf You do know that something which seems to be little in one country, is a fortune in another.
I've heard of building contractors doing something similar however they weren't using projectors. As a garden designer (I started working as a garden designer and landscaper 15 years ago) I would mark out the area on a grass pitch (a large area of grass) with spray chalk and/or posts. I do like their product/idea and had it been around 15 years ago and been cheaper, I would definitely have used it.
They try to make these scenes far too dramatic, with the over the top music and the repeat faces that the sharks make. Dragon's Den is the OG investment programme and that's where it's at, no doubt.
Agree very amateurish editing
Shark thank USA the best
@@bond-jy4rj that is the biggest joke of all!!
@@9hundred67 it sound like you ten year old with that response and don't deal in fact.
@@bond-jy4rj "it sound like you ten year old". ... hahaha check yourself fool!
Could of done it sooooo much cheaper than 700k startup. Just get a big warehouse and do it all in VR or AR. Boom, couple $k versus 700.
Even without VR, they could do without most of the fancy rigging. Calibrate some digital projectors on the fly, and it doesn't matter how much they shift over time.
VR isn't that good at all .
Someone has to build the models and software… easily over $1mm all in for a highly complex bespoke AR/VR software system
Ok I pay u couple $k build me a VR b**ch ....let's see if your trash talk is worth anything
In this way it’s a dead business, AR + location and you will be lower than 100K $
Or use VR and not need any of this...
VR is a good idea, but you cant physically walk through the house, and youd have to model everything and remodel everything. It's a good idea in theory, but not in practice.
@@jackmcdonald8355 I beg to differ. Using a VR-approach in an empty warehouse is completely possible as long as the warehouse size remains larger than the size of the life-size model of the house. That way I can walk around the house using VR while in real life it will be an empty warehouse
Vr in a large enough space. Would be perfect. If you could drop a couple people into it, to walk through a home space.
@@Tryagain1011 that's it I'm designing home models on requeat now and on VR you can literally do it on your terrace thanks for the idea
I dont know if its only in my country (netherlands) but the VR idea already exist. There are alot of architect companys with this.
Every episode!! They can't afford to invest!!
They are all mostly worth 30m-40m USD which compared to the people on American Shark Tank which are worth 10x that much or even more..
@@justinw2451 The funny thing is Steve and glenn are both worth atleast 400m usd
@@justinw2451 i
Glen is worth 700M$
Steve is worth 400M$
The cost is actually so high that I'm thinking that they want to embezzle some of the investment.
Forget about home owners! What about small business? Yachts are designed every year and space is a key factor! This would be so helpful. I hope they do well.
Great thinking! From 2D to 3D, it can be done.
WE have VR for that, I work with companies that do these interactive walk through where you can actually see the house built in front of you
Yes, it's a case of zero research into cheaper ideas for similar results.
its like setting up a cinema to be honest, a cinema is very expensive to open. a project can easily cost 500-1 million.
Exactly, how many people build a house per day? The number of customer can be handled without projectors, even better visuals than just 2d projectors, we can use light weight paper props, installed manually following the plan drawing, it might need 1-2 hours to install but i think that should be enough handling the number of customer
@@nafnaftroop2358 Hey how could this be done without projectors do you reckon? For the lines etc. The props aren't a problem at all
This should be able to be done in any warehouse with a relatively inexpensive floor paint and relatively inexpensive projector(s). Sometimes projecting the image at the actual construction site and even directly onto a foundation or sub floor can be desired too.
Okay, I'm just going to say it. I grew up in a Union family where my dad was a Foreman.
This idea is AWESOME
Steve @9:10 "if only you could stand one of these up for 200k, cause right now YOU ARE PUTTING CLOSE TO A BRICK ON THE LINE". AYEEE STEVE OUT HERE MOVIN BRICKS!!! BRICK TALK
So I identified a few key points they failed in this pitch but it's always hard to see if they even addressed them:
1) Cost breakdown off the top of my head I'd say that the biggest cost would be the rigging and construction of the site. The projectors have an X year lifespan (say 10) so the majority of the build could last a lot longer say (30)
2) Identify ways in which costs could be reduced, either through more volume of sales or alternative products coming onto the market.
3) Identify and convey the cost of build over the years. If the build needs to be paid in full okay say that's 700k but the equipment could be 300k financed over 10 years from any number of companies.
4) Maybe the build could be financed 30% down plus x% a year over 10 years at ridiculously great profit margin.
5) Identify alternative fit outs for alternative clients. You could split it up into townhouses or apartment units and show through 2 parties or 4 parties simultaneously. Cafes, restaurants and other fit outs.
Very interesting idea. But why not use VR instead? Clients would get to see their eventual house much better.
Way less costly too
This is probably the most investable pitch I’ve seen on any show,33% for 2mill and they’re guaranteed to their investment back from one warehouse in 5 years so imagine if it’s scaled right
exactly i have to wonder the actual wealth these so called sharks have, is any of it liquid, or ar they just there to invest 50,000 25k, etc.etc. and hve a good time. i think in the us version where you basically have billionaires they would vbe all over this
I've been watching these on youtube for about a week and it's so nice to see people who aren't arrogant and annoying on here! Refreshing.
Steve: I'll invest in anything as long as there's traction
The lie detector has determined that is a lie
They could fix their startup costs pretty easily. You don't need to level the floors, you don't need to stabilize the structure and all of that. You just need a system that tracks variables optically. All you would need is some tracking markers on the floor, some cameras to check the distances, and a bit of clever software to do the math and alter the projected image. They will need to put some cash into developing the software (the hardware already exists), but this will bring the startup cost down dramatically. I think you could get it down under $200k no problem.
What about securing the projectors so there's no risk of them falling though? That's what they were referring to with regard to the stability.
@@SuperpowerBroadcasting No, he's talking about image distortion. You wouldn't brace the entire structure and level the floors to keep a projector from falling.
You should hit them up, they'd probably be interested to hear this
THIS IS AN AMAZING IDEA!!! It would settle the nerves of those perfectionist costumers who wants things to that and that... lol
@@kevinbissinger I did but virtual reality is a luxury in my country... we are still catching up... hope we will...
These investors are the most skint on the telly!
Andrew Banks is worth 300 million dollars. Almost as skint as you lol
@@ACE-xv6sh the dragons den investors are richer then these shark investors.
@@mostbrutalvideos4612 skint means LITTLE or NO money.
@@ACE-xv6sh i know what 'skint' means lad.
@@mostbrutalvideos4612 so you agree the original comment makes no sense. ZIng, sorry champ
Problem with this idea is that the big housing developers can copy it and use it as a free included service as a selling point for their company,they could roll it out nationally within months and put these guys out of business.
They wouldn't build it themselves. So this company could license the tech to the big companies
Just as he said.
@@JacaboBlanco License what? its a projector on a roof of a warehouse,yes it has to be done correctly but its not patented and any of the big housing companies could do it as they have the capital to be able to set this up in multiple locations.
Not to mention that big companies would probably just use VR headsets, which would be far cheaper yet has the same effect. My question is would something like this work in South Africa? 🤔
@@michaelmokadi3226 I was thinking the same things,it might work here and rentals are cheaper here for big warehouses.
Doesn't matter if the floor is leved or not, not if the ceiling moves or whatever.
Project a grid from the projector, take a picture of it with the projector, re-shape your image based on the deformation of the grid, the. You get your solution!
This is how barcode scanners work...
Hey please can u explain like im 5 years old didn't quite get it
A brilliant idea. These two guys will get there.
Back in 1993 I started a service creating rendered 3D computer models of homes so people could digitally walk through projects before they're built.
digitally walking through it sitting on a chair and actually walking through a skeleton from bedroom to bedroom is a big difference
Never heard any really good reason why Naomi is out, it's just unbelievable!
Aussies seem to be some cool genuine people. "It's ma bloke"
Man they could just rig a stage to be perfectly level and as large as they want, then rig up some scaffolding to hold the projector and adjust it as they need.
@Rich 91 the projection must hit a level surface so it is not distorted. Adjusting the projector does nothing.
Barbara: since I'm not a shark in this tank I'm out
You had me at "larger than life" and the zipper down!! 😮🎉
700k sounds ridiculous. I'm missing questions where that setup money goes.
He explained that the flooring has to be evened in such a way to be able to set the drawings. And also have some metal structures fit and projectors ha e to be precise and can't move an inch... They can't set up regular so have to invest at start and 3d projectora ain't cheap. Then there's the warehouse rent and incidentals and taxes and stuff.. So it's pretty realistic
Also cold air for the projecters
Their business was cool but they set off so many warning signs as a team. A pitch from a team that doesn't mesh together is not worth the trouble they'd cause.
No I just think most of these sharks aren't true, big investors. They throw 100k here and there for ~20% or more of small businesses but they'd almost never invest 2million for 20% no matter how good the business is.
Couldn't hear a thing past the music
Instead of licensing for 100k a year or whatever, why don't they use the 2 million to build 2 more facilities themselves? At 1 million profit per facility per year, they could make the money back within the first two years. Franchising seems not worth it when their are probably only a few cities in Australia with enough demand to make it worthwhile and they only need to pay 1-2 managers per facility.
With virtual reality, these guys will go out of business. All you need is a software and VR glasses. You can experience new floor plan sitting in your current house.
WRONG IDIOT
Shark Tank Australia is not a "Shark" tank. So many heartwarming episodes. Yes, Steve Baxter is a bit rough sometimes, but all "Sharks" show empathy and compassion that I rarely see on Shark Tank US or Dragon's den. Huge huge fan of the show!
for high net worth clients this is probably a must! most of these dragons do not have a stomach for 2M with a high risk of failure, when they could buy 10 or 20 businesses and they only need one of them to succeed.
That is an awesome idea. I grew up in the construction industry and for the price of projecting it in a warehouse, you could simply save yourself so much hassle as a builder. It’s not just the customers are happier, but the builder doesn’t have to deal with the frustration and extra cost of fixing design problems. I don’t live in Oz, but I’d seriously consider doing this in Japan if everything here wasn’t just prefab crap.
*@9:42 Am I the only one that thinks the black haired guy looks like Alan Rickman in the Harry Potter movie* ?
Never watched them, but seen the previews. 😄
The 700k cost for a franchise is actually pretty much in line with other franchise solutions with similar returns plus you only need a warehouse which is way cheaper than renting/buying prime real estate locations for similarly priced franchise options.
When they walk in, these two don't look like they've come for an investment, they look like they've come to recover a bad debt. I expected the big guy to have a Russian accent and the other guy to sound like a New York Italian gangster.
goldeneddie hahahahaha
Your dumb
@@dpat41356 *You're
@@goldeneddie I'm online using youtube
Not going type punctual, it's just a comment.
@@dpat41356 Yeah, I know, fair enough. ;) I was just having a laugh because of your funny comment. I do think these guys look like gangsters!
Been using CAD to VR for this same thing for years! !!
Same... This is idea is like 25 years late..:P
Anyone else watching this bc you’ve seen all the other versions episodes?
Scared to spend the money on a great investment
Hani Soueid could have been a great investment... 10 years ago
Interesting, but the startup costs are way too high (yes I realise this if from a few years ago. Instead of completely static projectors, it'd be a much better idea to have them self calibrating and you could just put markers on the floor that they would calibrate themselves to every hour or whatever.
Really though, the whole thing should be VR.
when Holographic tech gets better I might consider building a house when I can see my designs IRL without actually building it.
Good point
This guys was hilarious one of the best people I’ve seen come on,
When you've watched all of 'Dragons Den' and have to resort to 'Shark Tank' :'(
100% correct
Spot on.
Yeah I hear you but once you can block out that music mentally its not so bad
Yes
This is quite tepid compared to USA Shark Tank. We love overproduced and dramatized nonsense here.
Everyone raves about dragons den on these AUS videos, US sharks is by far the best.
How did they not know about VR?
The upfront initial franchise cost for a McDonalds is around 1.5-2 million. 800k for a business with such high profit margins seems completely fine.
This is legitimately a game changer
The projection system that needs perfect floors and special mounts is crazy. Same thing can be accomplished with computer controlled lights built into the floors. Changes could be seen in an instant.
Jesus Christ is Lord Believe in him today to be saved from your sins
Is funny they aways find an excuse to be out when talking that amount of money. On this one I was like let's see what excuse they going have because this guys clearly knows what they are doing and talking about. They just dont invest on more then 250,000 anything higher they are ou.
A show filled with barbara corcorans and for that reason I’m out
It'd be better to find a way to translate the architectural drafts into a model built on unreal engine that you can walk through in VR, or some form of augmented reality. The benefit to this model is the realistic scale a person can experience and the taking ownership psychology of having real objects in real space and troubleshooting before finalizing plans.
Why don’t they build a very large stand to hold the projector instead of mounting it to the building and having to structurally reinforce it so it doesn’t move?
isn't that exactly what they do though. Still needs big hold to stay very still.
@@gytisdramblewolfskis8521 why not use an oculus quest and just make a 3d model of the house
@@jboy27 JUST- first to do a decent 3d model of a house would cost even more money. Second many people want to avoid all that 3d shit, it feels strange. Though I suppose it is closer to reality now. I believe these videos are ancient.
@@jboy27 Mate if you don't have anyone near u doing it. Go make a business with that idea. Especially if there is already software for that.
This is freaking genuis... I get investors here in the US I'd have them build me a place to do this..
Not going to lie, I actually miss the ridiculous puns from the UK Dragons Den version. They add something 😂
Dragons Den shits all over this rubbish
Assuming when they pitched VR walk through was in the future if they have adapted then good look guys
this idea doesnt compare to the immersion delivered by their competitors who use virtual reality.
Yeah, but imagine the time it takes to set up the vr world..? Youll need a programmer to work on it for a few days..! That would be too expensive for a customer!
You obviously have never used vr
@@Nathan-B setting up an evironment with assets pulled from a pre-established library would be easy, the tedious part is measurements, which the featured business has to do anyway.
@@Nathan-B you dont need programming... im comfortably familiar with industry standard 3d softwares but havent a notion of how to program. theyre not difficult to use.
@@ThePlugTurtle ... Thanks for the enlightenment. I didn't think of that!
This concept could be more financially sustainable with virtual reality.
Patrick looks like a young Alan Rickman.
Make use of VR, don't need so much physical space, it is scable in virtual world. And people can have better feel on having the furnitures all around them so they can feel constricted or not, and if there is multi storey house, it is feasible too
A vr headset possibly and a graphic designer or a software ?
i'm an architect, and using VR would be 100 times easier, cheaper and better at solving the problem than this solution. they should buy a few VR headsets and have the customers use them to go through their projects and edit them
Wish more people were like Chris. Amazing guy.
I find it odd that the Sharks keep on saying "you need to lower the price", can't you help them with that? 😅
its a nice idea.. there be warehouse space on outskirts of towns .. for this type of space..
I found my way here from the UK Dragons Den, and I’m blown away that nearly every other entrepreneur asks for millions of dollars as an investment 🤯 ..
$ Aus ... so around 60% of £GBP ...
We have one in brisbane and its dope asf, always packed with people. This business blow up
That's them 😂..
the thing is that in shart tank aus
not all the sharks are that rich like for expl in us
so 2 million is huge for some of these sharks, where if it was in shark tank usa 2mill is nthn so more opportunities
Kevin and Cuban would fight for this
They had me until $725,000. They have a good service, but the sharks are right. They need to shave that price down
Franchises are regularly 750000 to 1.5 million dollars in the US.
Having just bought my first house, I would definitively have liked this service. We had at least three phone calls just on a water inlet pipe because people disagreed on whether or not there was room for a sink where it was (there was not!)
How much are each of the Australians on this show actually worth? I do not really know any of them
Virtual reality is a better option.
Depends on your target market
Solid product and dude’s, for sure a need for this and they are going to be successful
fly undone to begin.. Thanks for the upload.. looks exciting.. so far .. out of the gate.. after the zipper..
The fly undone was part of the sales pitch to get them listening. I presume you knew that?
@@user-wickedflower Kate, u scored a decent call sign. its been over a yr since i dropped that HELLO, words to fill in some comments' with . // i may say me be old but the truth IS i do not recall without looking back first.
although every time i have concerned with my own fly, i have looked down first and every Body would see me bending to look there might be an app one day fly open app // so i can not claim to presume any a thing, after all i am in accounting and assumption is the mother-Father's day flip up of all flip up cards, even Tarot had a card for that flip up.
love the call sign name, Kate i usually bump into blokes of all sorts of adjectives and sizes
but to reply to a Kate well there is a First out of the gate 4 me on this too.
myop I bet u knew more of these horses out of the gate than i do, mate. U bet well and should be feared when confronted let all sharks and minions too, know Kate is in the House and she means Business, fly or no fly fishing.
God Bless
Do this with VR so you can walk around your “finished house” before you even start building
If this was Shark Tank US, the Sharks would've afford to get the deal.
This is actually one of the best idea's I've seen on this and dragons. Very creative and valuable. It really is a pity they left without getting backing I hope they can lower that cost so they can get the investment.
The idea is good, execution not. You can do this way better with a VR headset, a piece of software and any old warehouse that is large enough. The costs of doing this would be a fraction from the $700K they need. It's actually kinda ridiculous that they spent so much money on a system like this when you think about it (they made their money back but regardless, this idea isn't going to fly as it was pitched).
VR version would have many other advantages besides costs too. If the software was smart enough, you as the buyer could for instance select a wall and move it back or forth to resize rooms on the fly, add in furniture, change wallpapers, materials, etc. You could basically walk inside the virtual version of your future house before it was even built.
Interesting ,, they calculate that 1 warehouse only could bring 3 M / year yet they are out because it is not scalable ... ??
If I had money, I would have invested 6 million for 50.01 % stake.I would have asked them to invest this 6 million to start 8 studios ( no franchise ) ...If andrew is correct ( 3 million /year), I can get atleast 9 million.Next year , I could launch an IPO, with PE valuation of 25 ie 225 million.By diluting 25 percent , we could raise 75 million.We would then start more than 100 studios all over the world. By end of second year , our profit will reach 110 million ,giving us valuation of 2.8 billion!!!!!.
So my value of holdings is more than 1 billion now....
I think sharks did a mistake...correct me if I wrong.
I'm not sure the sharks have 6 million, though they might be able to get access to it through loans.
I'm also not sure if the business owners have any sort of protection to keep big players from copying them worldwide.
100 studios may be doable over 10-20 years, but it seems too much for 1 year.
how can i market this
How are the sharks not investing in this deal crazy 😝
Naomi be like - yo I just come for appearances so that people can search bout me on Google more.
Didn't even know there was a Aussie shark tank..