PC Classes Online Net Worth
PC Classes Online was valued at $1 million during its appearance on Shark Tank. Its current net worth is unknown as of 2022.
What was PC Classes Online and Who is the Founder of PC Classes Online?
PC Classes Online is an e-learning platform that is specifically designed to teach computer skills to people who are over the age of fifty. The platform operates on a subscription-based model where members have to pay for the entire year in advance to access the services.
David Cox is the founder of PC Classes Online. He has vast experience in teaching computer skills, having worked as a computer instructor in the Apple Store. David’s passion for teaching the older generation about technology started when he ran an Apple Dealer for two years in Cape Cod, Massachusetts. He noticed that the older generation was eager to learn about computers, and he found it fulfilling to teach them.
David’s passion for teaching the older generation about technology led him to create an online instructional collection that could reach a broader audience. PC Classes Online provides its subscribers with fast instruction on anything Mac-related.
David dreams of making his online instructional library available as an add-on sale at Apple stores. He has since taken his own PC Classes Online to improve his skills and better understand the needs of his subscribers.
In the future, David plans to merge PC Classes Online with computer and gadget stores, offering a bundled package that includes both the platform and the necessary equipment for an optimal learning experience.
PC Classes Online Shark Tank Pitch
During Season 4 Episode 9 of Shark Tank, David A. Cox pitched his company PC Classes Online and asked for $150,000 in exchange for a 15% stake, valuing his company at $1 million.
David had previously worked as a manager at an Apple store and noticed a demand for computer lessons for seniors who wanted to keep up with technology advancements. His program offered beginner computer training, with a focus on those over the age of 50.
The Sharks were critical of David’s pitch and business model, with Mark Cuban and Mr. Wonderful both calling him out for not understanding the difference between an add-on sale and a bundled sale. The Sharks ultimately decided not to invest in PC Classes Online.
Despite not receiving an investment, David continued to work on his company and was able to attract 200,000 new subscribers by revamping his approach. He also expanded his business by creating the Mac Guru venture, which provided on-site sales, servicing, and training.
However, he closed down this company in 2015. David has continued to educate computer users through his YouTube channel, Tech Talk America.
What was the Net Worth of PC Classes Online?
David A. Cox appeared on Shark Tank seeking $150,000 in return for a 15% stake in his company. This equates to a $1 million valuation.
Who were the Competitors in PC Classes Online?
There are no competitors identified for Pc Classes Online
PC Classes Online Shark Tank Updates
PC Classes Online is a subscription-based program that offers online computer classes for people over 50 years old. The founder, David Cox, started the business in 2012 after realizing that many people over 50 were struggling to use their electronics and gadgets.
The service sold for $199 a year, and members had access to all previous video lectures and upcoming live classes.
In 2015, David Cox shuttered his business, The Mac Guru, which offered complete, on-site sales, service, and training. He continues to educate computer users with his YouTube channel, Tech Talk America.
David Cox appeared on Shark Tank in 2012 to pitch his business, PC Classes Online. He requested an investment of $150,000 in exchange for a 15% ownership in his business. However, none of the Sharks made an offer.
Despite not receiving a deal, David Cox attracted 200,000 new members to PC Classes Online by completely changing his business model3. He capitalized on his “Shark Tank cache” by boosting the Mac Guru business.
Unfortunately, PC Classes Online is not in business in 2022. The outdated business model, unattractive appeal among potential customers, and the rapid change in technology contributed to the closing of this business4. The net worth of PC Classes Online is unknown as of 2022.
PC Classes Online Shark Tank Table Summary:
INFORMATION | SUMMARY |
Net Worth | Valued at $1 million on Shark Tank in 2012, current net worth is unknown as of 2022 |
Founder | David Cox |
Description | E-learning platform for people over 50 to learn computer skills |
Business Model | Subscription-based, members pay for the entire year in advance |
Competitors | No identified competitors |
Shark Tank Pitch | Asked for $150,000 in exchange for a 15% stake, none of the sharks made an offer |
Changes after Shark Tank | Attracted 200,000 new subscribers, changed the business model to advertising and affiliate marketing |
Outcome | PC Classes Online closed down in 2015 due to outdated business model and unattractive appeal among potential customers |
PC Classes Online FAQS
What Is PC Classes Online And How Does It Work?
PC Classes Online was a subscription-based program created by David Cox to teach people over 50 years old basic computer skills. The program was designed to spread technology knowledge among older adults.
Members had to pay an annual fee of $199 to access all previous video lectures and upcoming live classes. The program offered more than a dozen languages to take classes in.
PC Classes Online was a for-profit online classroom style. The business appeared on Shark Tank seeking $150,000 for a 15% stake in the company. However, none of the sharks made an offer.
After appearing on Shark Tank, PC Classes Online underwent changes to its business model, focusing on an advertising and affiliate marketing revenue model.
However, as of 2022, PC Classes Online is no longer in business due to its outdated business model, unattractive appeal among potential customers, and the rapid change in technology.
Who was PC Classes Online founder?
David A. Cox created PC Classes Online. He formerly worked at the Apple Store and was a well-known computer instructor, teaching technology to seniors.
What Was The Outcome Of The PC Classes Online Shark Tank Pitch?
During the Shark Tank pitch, David Cox, the founder of PC Classes Online, requested an investment of $150,000 in exchange for a 15% ownership in his business. However, none of the sharks made an offer.
After the show, investors from China contacted David and bought Mac stores around the country, hiring David to help set up the technology. Since appearing on Shark Tank, David has attracted 200,000 new members to PC Classes Online by completely changing his business model.
However, despite these efforts, PC Classes Online is no longer in business due to its outdated business model and lack of appeal among potential customers.
What Happened To PC Classes After Its Appearance At The Shark Tank?
After appearing on Shark Tank, PC Classes Online did not receive any investment from the sharks. However, David Cox attracted 200,000 new members to the program by completely changing its business model.
Instead of offering paid online classroom-style lectures, the business shifted to a tech news site with reviews and updates on computer products and services. The classes were then offered for free online.
Despite these changes, the business was unable to keep up with the rapid changes in technology and the unattractive appeal among potential customers, leading to its closure.
How much was he seeking in the Shark Tank?
David A. Cox was seeking $150,000 for 15% of his company, which is a $1 million valuation.
Did he get the deal from Shark Tank?
No, all five Sharks walked away and did not invest.
What is the website for PC Classes Online?
The business is no longer unavailable.
Where was PC Classes Online located?
PC Classes Online’s headquarters was located in Provincetown, Massachusetts.
What was the business model for PC Classes Online?
PC Classes Online was available for $199 per year. They sell it wholesale to the store for $99, a 100% profit.
What is the net worth of David A. Cox?
David A. Cox’s net worth is unavailable.
When was PC Classes Online aired on Shark Tank?
PC Classes Online was aired on November 9th, 2012.
What did David A. Cox do after Shark Tank?
David A. Cox shut down the business in 2015.
Was PC Classes Online successful?
PC Classes Online was not successful and no longer in business.
How do they contact PC Classes online?
The business is no longer available.