Origaudio Shark Tank Update

Origaudio Shark Tank Pitch

Michael Szymczak and Jason Lucash found an interesting scientific quirk they turned into a product. Rock-It outputs audio in the form of vibrations, which, when affixed to a cup-shaped object, converts the vibrations into a speaker with junky audio quality, but it's cool. Rock-It lives under their brand Origaudio.

Michael and Jason have put $40k into the business, including a $10k investment from Jason's mom. Origaudio has been in business for one year and has done $750k in revenue and $150k profit from their two products without taking a salary.

They want to spend the money on legal fees, hiring more employees, and moving production out of Mike's garage.

Mark Cuban put a shot clock on dealing with him or everybody else, and they tried to choose both, which got them three offers to choose from before the clock expired. Mark pissed Robert off playing that game and fired back at Mark several times that he was being a bully.

Tensions were high, and Robert made a deal perhaps more to "beat" Mark than because Robert saw the deal as a profitable opportunity.

Origaudio After Shark Tank

The deal appears to have fallen through.

In season 3, episode 1, we got an update from Michael Szymczak and Jason Lucash that Origaudio moved into a large warehouse in southern California. They are in 4000 retail stores, did $2 million in sales, and value their company at $4 million.

In 2018 Origaudio was acquired by Hub Promotional Group for an undisclosed amount. More details can be found in this

Jason and Michael had received several accolades over the years and were respected for their agileness in recognizing trends and their execution.

In 2022 Jason left Hub Promotional Group (now called HPG) to take a break after many years of work and spend time with his family. More details can be read in the article here

Michael continues to work at HPG in 2022.

In 2022 Origaudio sells all kinds of cool gadgets on its website origaudio.com