The Jolly Roger Telephone Company, featured in Season 10 of Shark Tank, is designed to combat the global nuisance of robocalls and telemarketing calls.
Founded by Roger Anderson, a telephone systems expert, this company leverages advanced technology to essentially ‘waste the time’ of telemarketers, thus decreasing their overall efficiency.
The Jolly Roger Telephone Company uses artificially intelligent bots that engage telemarketers in seemingly genuine but ultimately fruitless conversations.
The Jolly Roger bots engage telemarketers in prolonged conversations when users receive unwanted telemarketing calls.
These conversations can last several minutes, thereby taking up the valuable time of telemarketers and reducing their ability to bother others.
Jolly Roger Telephone Company offers a variety of bots, each with its own personality and speech pattern. The system can be integrated with mobile, home, and business phone systems.
There’s an option to listen in real-time to the interaction between the bot and the telemarketer, which some users find quite amusing. The company also records each call for future reference or entertainment.
Jolly Roger Telephone Company is a good choice for several reasons. It helps reduce the number of intrusive robocalls and telemarketing calls one must handle daily. It assists in wasting the resources of these telemarketing firms, thereby discouraging their practice of unsolicited calls.
Additionally, it provides entertainment and satisfaction for users who have long been frustrated with these calls. The Jolly Roger Telephone Company is a robust, amusing, and clever solution to an increasingly annoying problem.
|Company Name||Jolly Roger Telephone Company|
|Founder||Roger Anderson and Steve Berkson|
|Product||Telemarketing and robocall protection subscription service|
|Investment Seeking||$400,000 for 10% equity in Jolly Roger|
|Final Deal||No Deal|
|Jolly Roger Episode||Season 10, Episode 15|
|Jolly Roger Business Status||In Business|
|Jolly Roger Website||Visit Website|
|Jolly Roger’s Net Worth||$5 Million|
What Is Jolly Roger?
Jolly Roger Telephone Company was created by Roger Anderson, a telecommunications expert, to combat telemarketing and robocalls. The service uses artificial intelligence (AI) and pre-recorded responses to engage with telemarketers and keep them on the line for as long as possible.
Jolly Roger Telephone intercepts telemarketer calls from a user’s phone number. The service then plays a pre-recorded response, such as a friendly but time-consuming conversation or a series of automated prompts. The goal is to waste the telemarketer’s time and prevent them from making successful sales calls.
Jolly Roger Telephone Company offers individuals and businesses different packages and pricing options. Users can customize their settings by choosing specific responses or blocking certain calls.
The service also provides reports and statistics on blocked calls, allowing users to track the tool’s effectiveness. Using Jolly Roger Telephone Company, businesses and individuals can reduce the disruption and annoyance caused by unwanted telemarketing calls.
Jolly Roger offers a unique approach to dealing with these calls and aims to make the telemarketing industry less profitable for scammers and unwanted callers.
Who Is The Founder Of Jolly Roger?
Roger Anderson and Steve Berkson co-founded the Jolly Roger Telephone Company.
As mentioned earlier, Roger Anderson is the technical brain behind the company, with his extensive experience in the telecommunications industry. Anderson conceived the initial idea of the artificially intelligent bots to waste telemarketers’ time.
On the other hand, Steve Berkson brings his business operations expertise. With a background in executive management and strategic planning, Berkson’s role involves navigating the business landscape, formulating growth strategies, and driving the overall operational success of the company.
Anderson and Berkson’s combined expertise has propelled Jolly Roger Telephone Company forward. Their shared vision of reducing the nuisance of unwanted telemarketing calls has resulted in an effective and user-friendly service.
Jolly Roger Telephone Company was founded to solve the persistent problem of telemarketers invading people’s private lives with unwanted product offers.
The company, created by Roger Anderson and Steve Berkson, developed a product that redirects calls from marketers to a bot, freeing phone users from having to engage in these conversations.
Anderson’s experience, where a telemarketer cursed at his son, fueled his motivation to create this innovative solution. With Americans losing billions of dollars to telemarketers in 2017, there was a strong need for the Jolly Roger product.
The software behind Jolly Roger works by redirecting calls from numbers with bad reviews to their answering service. This system relies on honeypot numbers, attracting telemarketers who receive negative reputation scores.
The Jolly Roger records all conversations and allows phone owners to access and review them on the company’s website. Although the product was developed, Anderson and Berkson needed additional funding to introduce it to the public.
How Was The Shark Tank Pitch Of Jolly Roger?
Roger Anderson and Steve Berkson, the Jolly Roger Telephone Company founders, came to Shark Tank seeking $400,000 in exchange for a 10% equity stake in their business.
This valuation suggested that the company was worth $4 million, a figure that triggered skepticism among the Sharks, particularly given the company’s pre-revenue status.
Mark Cuban expressed doubts about the efficiency of the company’s service, citing the ease with which telemarketers could change numbers to evade listing.
Kevin O’Leary queried their cost model and justification for the hefty valuation. Anderson and Berkson explained that their service operated on a subscription model, charging customers $12 per year while it cost them $4 per customer to provide the service.
Although the Sharks found these costs high, Anderson pointed out that customer acquisition cost them nothing. However, they did incur fees such as hosting and telecommunication charges.
Despite their explanations, Mark Cuban withdrew, stating that the product wasn’t the kind he would get involved in.
Lori Greiner also withdrew, citing her lack of complete understanding of the concept, while Jamie Siminoff expressed concerns about potentially needing to invest more.
He pointed out that the founders were both working full-time elsewhere, which could limit the time they could devote to the company.
Although the founders asserted their readiness to quit their jobs due to expected growth, Siminoff ultimately withdrew his offer.
Kevin O’Leary offered $400,000 but wanted 50% of the company, doubting the founders’ capacity to make sound business decisions.
Daymond John left due to unfamiliarity with the product and sector, leaving O’Leary’s offer as the only one. Jamie Siminoff briefly reconsidered, proposing to partner with O’Leary to give $400,000 for 60%.
Anderson countered with a 20% equity stake for $400,000, to which Siminoff responded with a 50% offer for the same amount. However, both O’Leary and Siminoff eventually withdrew their offers.
Unable to agree with the Sharks, the founders left the tank without a deal; however, since its appearance on Shark Tank, the Jolly Roger Telephone Company has continued to operate and reportedly earned an annual revenue of $150,000 to $200,000.
They’ve adjusted their customer acquisition model, even offering competition on their social media page. Despite not getting a deal, their appearance on the show boosted orders significantly.
Jolly Roger Telephone Company has also launched its clothing line, available on its website.
Did Jolly Roger Get a Deal on Shark Tank?
Jolly Rogers Telephone Company, pitched by Roger Anderson and Steve Berkson, did not secure a deal on Shark Tank. They asked for $400,000 in exchange for 10% equity in their phone scam prevention business.
However, the sharks were not interested in the company. Mark Cuban and Lori Greiner dropped out early during the negotiations, while Kevin O’Leary offered $400,000 for a significant 50% equity.
Despite Kevin’s offer being the only one on the table, Roger and Steve did not seem pleased. Daymond John and guest shark Jamie Siminoff also dropped out, resulting in no deal being made.
Since appearing on Shark Tank in Season 10, there has been no significant growth or changes in Jolly Rogers Telephone Company, indicating a relatively stagnant state of the business.
What Happened To Jolly Roger After Shark Tank?
After its appearance on Shark Tank, the Jolly Roger Telephone Company continued its operations, even though it didn’t secure a deal with any of the Sharks.
The exposure from the show reportedly led to a significant increase in orders, illustrating the impact of Shark Tank’s wide audience reach. The company has been adapting and growing.
They are earning an annual revenue of $150,000 to $200,000, which is notable, especially considering their pre-revenue status at the time of their Shark Tank appearance. This suggests that the company has successfully increased its customer base and maintained a sustainable business model.
The founders, Anderson and Berkson, have also changed their customer acquisition model, offering prizes for competitions on their social media pages to attract more subscribers. This shows they are actively working on strategies to boost their reach and appeal to potential customers.
In addition to their primary services, the company has expanded its offerings, launching a clothing line available for purchase from their website.
This diversification of products could be a strategic move to create an additional revenue stream while also strengthening its brand presence.
Despite not receiving an investment from the Sharks, the company’s continued growth and persistence demonstrate that a good idea, coupled with strategic execution and adaptability, can drive a business toward success.
Jolly Roger Shark Tank Update
After appearing on Shark Tank, Jolly Roger Telephone Company did not secure an investment deal. However, despite not receiving funding from the show, the company continued to operate and provide its services to customers.
The exposure from appearing on Shark Tank helped increase awareness of Jolly Roger Telephone Company and its unique approach to dealing with telemarketers. This led to increased customers seeking their services to combat unwanted calls.
Although they did not secure a deal on the show, Jolly Roger Telephone Company could generate revenue by selling their services to individuals tired of receiving annoying telemarketing calls. The pricing of their services varied depending on the number of calls a person needed to respond to.
With their AI system powered by IBM’s Watson AI, Jolly Roger Telephone Company could intercept and redirect calls from telemarketers to their bot.
The bot engaged with telemarketers using various voices and fake stories, wasting their time and frustrating them until they decided to hang up.
Despite not receiving an investment in Shark Tank, Jolly Roger Telephone Company continued to operate and thrive by providing a unique solution to the problem of telemarketing calls.
Their services appealed to individuals who wanted to get rid of annoying calls while also getting revenge on telemarketers.
Is Jolly Roger Still In Business?
Our research shows that the Jolly Rogers Telephone Company’s growth has stagnated since its appearance on Shark Tank in Season 10.
While the company’s website is still online and occasionally updated, no major indication of significant changes or progress doesn’t seems to be.
What Is the Net Worth Of Jolly Roger?
According to our research, the net worth of Jolly Roger Telephone Company is estimated to be $5 million. The valuation of Jolly Roger was $4 million when it appeared on Shark Tank.