Jolly Roger Telephone Company Net Worth
Jolly Roger Telephone Company Net Worth:- Stephen Berkson and Roger Anderson introduced the Jolly Roger Telephone Company to the Sharks in Shark Tank episode 1015. Anderson, a telecommunications expert by trade, was irritated by continuous calls from telemarketers like most people. Unscrupulous telemarketing organizations disregard “do not call” lists, use faked numbers to look “local,” and sometimes commit blatant fraud. It’s a well-known truth that people despise telemarketers.
The Jolly Roger Telephone Company, which claims that telemarketers have “scammed” Americans out of $9.4 billion, seeks to safeguard customers by intercepting and redirecting their calls to a conversant AI software. The purpose of this software, it seems, is to deceive telemarketers into believing they have reached a live person, delay for time on a conversation that will never result in a sale, and reduce the medium’s efficacy.
The firm was founded by two entrepreneurs with extensive expertise in telecommunications, one an engineer and the other a 30-year industry veteran. After his kid was shouted at by telemarketing, the engineer was inspired to establish the service.
The Jolly Roger Telephone Business employs a third-party reputation score company to estimate the possibility that the call is from telemarketing and intercepts it, routing it to one of its AI bots if it believes the call is a “scam.” One thousand reported “fraudulent” calls are identified as telemarketing calls and sent to the telemarketer’s service through this service.
Currently, the firm is “pre-revenue,” meaning it has not yet earned a profit. A subscription is $12 per year, whereas the corporation incurs $4 per year. These expenses are incurred via server hosting, telecommunications, and data.
Anderson resolved to take action. He reasoned that a telemarketer might go to the next call and continue to call again by simply hanging up. He claimed that he would retaliate by wasting the time of telemarketing businesses. As a result, he created a voice robot that reacts to a variety of vocal inflections.
The objective was to squander as much time as possible on the telemarketer. He recorded the calls and uploaded the finest ones on YouTube, where they quickly gained popularity. That was the impetus for him to start the Jolly Roger Telephone Company.
The bots possess a variety of “personalities” and are available in both male and female voices. An algorithm detects changes in the caller’s speech inflection. It responds automatically with a sequence of “Mmm hmm’s” and “Uh huh’s.”
When the bot detects that the caller is becoming suspicious, it responds with inane remarks and inquiries such as “excuse me, I have a bee on my arm” or “you sound like someone I went to high school with.” The outcomes are both amusing (a YouTube call video is shown below) and effective. The best bots/calls keep a telemarketer engaged for an average of eight to fifteen minutes!
While The Jolly Roger Telephone Company will not eliminate telemarketing, it will give subscribers some protection (and fun). Anderson is presumably looking for a Shark to help with server expansion and capitalize on “the Shark Tank Effect.”