"I can't hear any more stories" — When Shark Tank guest investor Jamie Siminoff drops Jolly Rogers Telephone Co.'s deal

On Shark Tank Season 10, Episode 15, Roger Anderson and Steve Berkson, the creators of Jolly Roger Telephone Co., made an appearance before the panelists and outlined their novel way to stop robocalls. Anderson's software saved telemarketers' time and stopped them from conniving gullible people by using artificial intelligence to engage them in drawn-out talks. As he described how his company already had thousands of users who valued its amusing and practical approach to handling nuisance calls, his pitch did create a buzz among the sharks.

Anderson valued his business at $4 million and asked for a $400,000 investment in return for a 10% equity stake during the pitch. He revealed his expanding customer base and emphasized the product's accomplishment of blocking more than a million robocalls.

Though his pitch was captivating, his repeatedly trying to tell stories to negotiate with the sharks frustrated them. Right when he had an offer on the table from guest shark Jamie Siminoff and OG Kevin O'Leary, he lost it when he tried to bargain again.

"You know what. I'm cold. I can't hear any more stories. I couldn't do this. I'm out, said the guest investor.

With him existing, O'Leary too pulled his offer, resulting in Jolly Roger Telephone Co. with no offer in hand.

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When Jolly Roger Telephone Co. appeared on Shark Tank Season 10 Episode 15

In Season 10 Episode 15, Jolly Roger Telephone Co. made an appearance on Shark Tank with a creative way to stop unsolicited robocalls. The startup, which was founded by Roger Anderson, unveiled a brilliant AI-powered bot that wastes telemarketers' time rather than yours by engaging in interminable chats. The Sharks were immediately drawn to Roger's pitch because of its funny demonstration and useful applicability.

During the pitch, Roger asked for $400,000 in exchange for 10% equity, valuing the company at $4 million. He shared impressive numbers, revealing that Jolly Roger Telephone Co. had over 100,000 subscribers and a growing user base. With a $12 annual subscription fee and partnerships in the works, the business generated consistent revenue. The investors were intrigued by its potential in the fight against robocalls.

A few Shark Tank panelists praised the concept's inventiveness, but issues with scalability and legal issues soon arose. Jamie Siminoff, the founder of Ring and a guest investor, first expressed interest because of his experience in tech innovation. But after an aggressive negotiation, Siminoff finally withdrew his offer. Despite the setback, Roger's proposal made an effect in the Tank because it struck a chord with viewers who valued the goal of getting rid of annoying robocalls.

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You can watch more such Shark Tank pitches on ABC.