Wednesday, 10 October 2012

CateApp - Privacy App

Cate App on Shark Tank Season 4, Episode 2


CateApp
CateApp - Neal Desai gets right down to business and wants $50k for a 5% stake in the privacy App. valuing the technology at $1 million. The CateApp erases calls and text messages which Robert Herjevic calls a cheaters App. Desai says He's not the developer but bought the rights to it for $17.5k cash. Neal and his Sister have invested around $45k into the business at this point that has around 10,000 customers so far.
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