Cybercrime is probably the biggest criminal offense when technology comes into the hands of mankind. It has ruined millions of lives and continued to do so. This crime needs to be prevented at all costs and something needs to be done by law and order. The stand to make a change in the cyber world and to prevent such things from happening led the innovator Trisha Prabhu present to you the anti-bullying app -Rethink.
The venture believes it is part of not only a technological product but a movement that can help save 1.8 million lives around the world. This app is the first-ever proactive technology to empower today’s adolescents to not post harmful, life-threatening, and offensive messages on social media.
Rethink anti-bullying app at a glance:
| Business idea | An anti-bullying app that prompts the sender to think twice |
| Founders | Trisha Prabhu |
| Asked for | $100,000 for 20% |
| Accepted deal | $100,000 for 20% |
| Sharks | Mark Cuban and Lori Greiner |
| Business status | In business |
| Episode | Season 8 Episode 1 |
Index:
Founder Story:
The founder has witnessed many suicidal attempts of lives people took because of cyberbullying. She believed that the damage was done This shocked her and made her take the stand. She has made the app so popular that it is transforming lives incredibly and people are forced to think twice before they type or post a message on social media platforms.
Trisha spent hours testing the app to find out its effectiveness. The app tested 1500 users and found that 93% of people rethink the messages they typed and posted. The platform today is available on mobile as well as a browser extension for the safety of the youth then mankind.
Did ReThink anti-bullying app get a deal on Shark tank?
The app created by this computer prodigy got the sharks to rethink their investment in the company. The 21-year-old entrepreneur entered the shark tank and made the sharks commend her work and appreciate her for the efforts she put against the cause.
Trisha was seeking an investment of $100,000 for 20%. She first demonstrated the app and then questioned the sharks whether they would be a spectator of a person who would want to stop cyberbullying once and for all. Next came the questions about background, who developed the app, and some comments which were responded to confidently and affirmatively.
Barbara was astounded by the feat and praised her a lot. The youngster was asked questions like whether potential cyberbullies were supposed to sign up on the app. The answer to the question was no because cyberbullies were not the intended target. They had created the app with parents and educators in mind.
Robert was next in line to ask about sales to which the reply came that the app had earned $52,000 and had received 128,000 downloads in nine months. This surprised Robert. He thought it was a brilliant idea but saw hurdles in the way. Therefore, he was out. The grilling by Mark can be said to have paid off. He asked questions like the daily no. of users, and who coded the app, to this he got affirmative answers.
Barbara wanted to know whether the app was a nonprofit or a profit organization. She went out as she thought this would be a business but it was not. The next person in line Daymond asked why the app needed the money, she said that she needed more people as staff for the company to develop the app further. She said that 1200 schools wanted to introduce the software to their devices. This led to Daymond making an offer of $100,000 for 30%.
Lori was next to make an offer and she believed that the entrepreneur took the app as a passion and provided an offer of $100,000 for 20% and asked if Mark was ready to come in. Mark was ready to accept the deal and said that the carrier needed to be there for the deal. Finally, the deal was between Lori and Mark at $100,000 for 20%. Trisha willingly accepted and the deal was closed.
What happened to ReThink anti-bullying app after Shark tank?
The app got 56,000 downloads after it aired on shark tank. Trisha has made a remarkable effort to create the movement as a success with many Teachers, parents, schools, and even law enforcement combating the crime with the help of the app in the year 2021. Today Trisha has enrolled herself at Harvard University where she is pursuing her undergraduate course.
Product:
- This app has been written in three languages namely: Hindi, English, and Spanish.
- The app is using a collaborative filtering mechanism to detect the messages sent by the user.
- In May 2021, the app has over 5 million users.
COMPETITORS Of ReThink anti-bullying app:
- Webdew
- Salted stone
- Design five
- Aesop and many more.
What is the net worth of Rethink anti-bullying app?
The net worth of this company was $500,000 when it aired on shark tank and sought an investment of $100,000 for 20%.
Is Rethink anti-bullying app still in business?
The app is doing great in terms of business today and hopes to add new features and invite new customers to download the app. Even though the app didn’t get help from the investors. It soon got a no. of complaints to which Trisha and her team are rigorously solving.
The future of this app seems to be more app purchases and language introductions which will lead to a more customer base for the business. The app wants to try its best to stop cybercrime one message at a time. So, the next time you post o social media be willing to rethink your words!!
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FAQs:
What is ReThink app ?
The crime of cyberbullying needs to be prevented at all costs and something needs to done by law and order. The stand to make a change in the cyber world and to prevent such things from happening led the innovator Trisha Prabhu present to you the anti-bullying app -Rethink.
Who founded ReThink app?
The owner of this live-saving technological app is Trisha Prabhu.