PC Classes Online focuses on teaching people over fifty-years-old basic computer classes. He even has Bruce Vilanch as one of his students and uses him in his Shark Tank pitch. David Cox explained to Bruce's mother how to use Skype.
PC Classes online is a fifty-plus vision
He managed an Apple Dealer in Cape Cod Massachusetts for two years, helping him to see the fifty plus crowd is an ah-ah moment. That's when he created PC Classes Online. David wants to get PC Classes Online into the hands of every computer and gadget retailer using bundling with their hardware.
David pitches a bundled product, then tells the Sharks that he wants the retailers to charge $99 for the upsell of service. He is promoting an add-on. They don't pay their teachers, but they get an opportunity to do a private lesson with the client, and PC Online Classes get an added 30%.
The Sharks take a bite out of David, mocking him over and over. His pitch doesn't go well, making me believe that what we did not see was as tough.
Revenue to date is $35,000 for the classes.
Company: PC Classes Online
Entrepreneur: David A. Cox
Ask: $150k for 15% equity
Companies on this episode: Voyage Air Guitar, DriveSuits, Revestor, Ice Chips Candy
Season: Season 4 Episode 409
Sharks: Mark Cuban, Daymond John, Kevin O'Leary, Barbara Corcoran, Robert Herjavec
First Aired: 11/08/2012
Deal: No Deal
What do the Shark Tank Investors say about PC Classes Online
Mark Cuban loved the idea of computer classes online in 1985. It has been done again, and again. He hasn't said a single word about identifying fifty plus users, and he confused bundling with an add-on. Mark Cuban tells him you may think I am going out, and you would be right. He is out.
Daymond John tells him that he has a horrible idea, horrible pitch, horrible valuation, he is out
Kevin O'Leary calls him a computer pimp for getting people to work for free; he is out.
Barbara Corcoran thinks there is a need for classes for the fifty plus crowd. You have to do it from the ground up and get some traction. For that reason, she is out.
Robert Herjavec thinks as an investment you are about 30 years too late; I am out.
PC Classes Online after Shark Tank
David changed his PC Classes Online site to a tech news site with reviews and updates on computer products and services. He offers his classes for free online which is focusing on an advertising and affiliate marketing revenue model.