What Happened To Overplay Games In Shark Tank?
Overplay Games After Shark Tank Update: Overplay Games is a software application that converts Video into video games. 100k+ downloads of this app have been completed on Android Playstore and approximately 50k+ downloads have been done on Appstore.
The overall rating on Playstore is 2.5 stars and on Appstore, it is 3.9. The app has many real video games like car racing, jumping, football, basketball, and more. In this, the video will play automatically, just click on Left, Right, Up, or Down at the right moment and you will get an alert on the screen whether you have clicked correctly or not.
What Is Overplay Games?
Overplay Games is a software application that converts Video into video games. 100k+ downloads of this app have been completed on Android Playstore and approximately 50k+ downloads have been done on Appstore.
The overall rating on Playstore is 2.5 stars and on Appstore, it is 3.9. The app has many real video games like car racing, jumping, football, basketball, and more. In this, the video will play automatically, just click on Left, Right, Up, or Down at the right moment and you will get an alert on the screen whether you have clicked correctly or not.
Who Is The Founder Of Overplay Games?
The Co-Founder and CEO of Overplay Games Company is Dan Projansky, a designer by profession. Caroline Strzalka Is Another Co-Founder and Chief Operating Officer of the Company.
Overplay Games Shark Tank Update
| Company Name | Overplay Games | |
| Founder | Dan Projansky and Caroline Strzalka | |
| Founded | 2017 | |
| Product | Converts Video into video games | |
| Asked For | $500K for a 2.5% equity | |
| Final Deal | $500K for a 4% equity + Overplay pays Mark $500K to Promote & create Content For Overplay | |
| Shark | Mark Cuban | |
| Episode (Shark Tank USA) | S15 E18 | |
| Air Date | March 15th, 2024 | |
| Business Status | In Business | |
| Overplay Games Net Worth | $0.6M *estimated | |
| Headquarters | New York, USA | |
| Overplay Games Instagram | View Profile | |
| GO TO AMAZON | Buy Now | |
Also Read This: What Happened To Nightcap In Shark Tank?
Overplay On Shark Tank Pitch
After entering the Shark Tank, Dan and Caroline asked the Sharks for $500k for 2.5% equity. The Sharks were surprised to hear the $20 million valuation and are hopeful that the company’s sales will justify this valuation.
Their platform has millions of gameplays and 150,000 downloads but they are going to monetize the app next year (2024). The surprising thing is that they raised $3.7 million before Shark Tank by giving 20% equity.
They currently have $750,000 cash left in the bank and have burned through $3 million so far. Barbara Corcoran refused to invest in this business. Jason said that he had a friend who was working with such a business idea and he invested in that business and ended up losing all the money. Because of this reason, he is out.
Mark Cuban offered $500k for 15% equity. Dan countered Mark $500k for a 3.25% equity + .75% in advisory share. Mark made another offer of $500k for 4% equity + Overplay pays Mark $500k to Promote & Create Content for Overplay. Dan and Caroline accepted this offer.
What Is Overplay’s Net Worth?
Overplay’s net worth is estimated at $0.6 million. We do not think that this company will be able to sustain itself in the future as it is currently. Many players are uninstalling this mobile app.
Is Overplay Still In Business?
Yes, Overplay is still in business as of March 2024.
We are currently following the co-founders and their company closely and will soon add more information to this post. It remains to be seen what will happen with this company in the future.
The official headquarters of this company is in New York, United States and it has 11-50 employees.
FAQs
Overplay was founded by Dan Projansky and Caroline Strzalka.
Overplay’s net worth is estimated at $0.6 million.
Yes, Overplay is still in business as of March 2024.
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