Shark Tank: AI Startup Bot-It Secures $300,000 Deal from Mark Cuban and Michael Rubin
– Bot-It, an AI-driven startup, wins backing from Mark Cuban and Michael Rubin on "Shark Tank."
– The company automates online tasks, such as booking appointments and concert ticket purchases.
– They offer a pro subscription for bypassing sneaker release draws and securing concert tickets quickly.
– Mark Cuban and Michael Rubin are excited about Bot-It's AI platform and its potential.
– They aim to change the perception of bots among consumers and make them a helpful tool.
– Bot-It's technology assists individuals in battling against cheating bots in online markets.
– The startup founders asked for $150,000 for a 10% equity stake.
– Cuban offers $150,000 for 20% equity, while Rubin counters with $50,000 for 15%.
– Ultimately, they join forces, offering $300,000 for 30% of Bot-It, which is accepted.
– Bot-It views this as a significant milestone, with both billionaires as partners for growth.