On Season 10 of Shark Tank, software developer Dmitri Love of Dallas, Texas pitches his company, Bundil, an app designed to make it easy to invest in crypto-currency. The app allows users to invest their spare change from every day purchases into the crypto-currency of their choice. Love is seeking an investment of $100,000 in exchange for 10 percent equity. The pitch is far from smooth (Love drew a blank a few times) but Mark Cuban encourages Love throughout and even claps for his perseverance at the end.
Just last year, tech guru billionaire Mark Cuban invested $250,000 in a similar app pitched on Shark Tank, ChangED, which allows users to pay off student loans with digital spare change from everyday purchases.
[Related: 27 Favorite ‘Shark Tank’ Products at Amazon — New List]
In August 2018, ChangED reported that the app hit the $1 million mark: it helped to paid down more than $1 million of its users’ student loans. Note: Earlier this year Cuban announced that fans of his NBA team, the Dallas Mavericks, can purchase season tickets with cryptocurrency (Bitcoin and Ethereum aka “Ether”). New episodes of Shark Tank air Fridays at 8 pm on ABC.
