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What is Trippie?
Trippie is an app designed to help travelers navigate large airports, find amenities like restaurants and shops, and connect with other travelers.
Trippie's Shark Tank Pitch Recap
Ryan pitched Trippie, an app to help navigate airports, seeking $100,000 for 10% equity. He demonstrated how Trippie helps travelers find restaurants and amenities within airports. The Sharks questioned the app's scalability, lack of proprietary technology, and low user base. Ryan revealed he manually aggregated data with his brother and hadn't partnered with airports. The Sharks declined to invest, citing concerns about the app's competitive advantage and business model. They offered Ryan tough love, emphasizing the need for a more developed product and a stronger business plan.
Who invested in Trippie?
No sharks invested
Trippie's Pitch Highlights
Ryan turned down interviews from Facebook and Google to pursue Trippie.
Ryan coded the app himself while being a full-time student and college basketball player.
The pitch took an emotional turn when Ryan broke down after receiving criticism from the Sharks.
Trippie had only 160 monthly active users at the time of the pitch.
Ryan choked on a burrito during the pitch.
Ryan compared himself to Robert Herjavec
Trippie Shark Tank Update
- App initially saw a surge in downloads (12,000) and expanded to 18 airports after airing.
- Expanded to 120 airports worldwide by May 2019.
- Experienced setbacks due to the COVID-19 pandemic's impact on travel.
- As of 2024, Trippie is still operating and generating $3 million in annual revenue.
- Founder, Ryan Diew, also works as a Partner and Entrepreneur in Residence at Base Ventures.
Key Milestones
2017 - App Launch & Recognition
App launches on Apple App Store and featured in Inc. Magazine as one of the "15 Coolest College Startups".
2017 - Shark Tank Appearance
Appears on Shark Tank Season 9.
2018 - Pitch Competition Win
Wins $10,000 in Oakland Startup Network's pitch competition.
2019 - Founder Recognition
Diew recognized among 42 Silicon Valley's Top Influential African Americans in Tech.
2019 - Global Expansion
Reaches 120 airports globally.
2020 - Pandemic Impact
Experiences decline in usage due to the pandemic.
2024 - Revenue Milestone
Generates $3 million in annual revenue.
