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Starlink’s Growing Waitlist: What It Means for Satellite Internet Users

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SpaceX’s Starlink has revolutionized internet access for millions of people, especially in rural and remote areas. However, the service is now facing a new challenge: network capacity constraints. Recent updates to the Starlink availability map show that several regions in the U.S. have been marked as “sold out,” indicating that demand is outpacing the network’s ability to serve new customers. This has led to growing waitlists and limited availability in key areas. Let’s explore what’s happening with Starlink, why it’s struggling with capacity, and what this means for current and potential users.


Starlink’s Capacity Challenges: A Closer Look

In recent weeks, Starlink’s availability map has been updated to reflect new “sold out” areas, including:

  • Two regions in Florida
  • A large area covering Tennessee, North Carolina, South Carolina, and northern Georgia
  • Phoenix, Arizona

These updates mean that new customers in these areas cannot sign up for Starlink’s residential tier, which costs 120permonth∗∗andoffersunlimiteddata.Instead,theymustjoinawaitlistoroptforthemoreexpensive∗∗StarlinkRoamplan∗∗at∗∗120permonth∗∗andoffersunlimiteddata.Instead,theymustjoinawaitlistoroptforthemoreexpensive∗∗StarlinkRoamplan∗∗at∗∗165 per month, which provides mobile internet access across multiple locations.

What Does “Sold Out” Mean?

When an area is marked as “sold out,” it means that Starlink’s network in that region has reached its capacity limit. New customers must wait until SpaceX adds more capacity to the network, which involves launching additional satellites and upgrading ground infrastructure.


Why Is Starlink Facing Capacity Issues?

Several factors are contributing to Starlink’s capacity challenges:

1. Rapid Growth in Subscribers

As of August 2023, SpaceX reported having over 1.4 million Starlink subscribers in the U.S. alone. The service has seen explosive growth due to its ability to provide high-speed internet in areas where traditional broadband is unavailable or unreliable.

2. High Demand in Urban and Suburban Areas

While Starlink was initially marketed to rural users, its success has attracted interest from urban and suburban customers. This has put additional strain on the network, especially in densely populated areas.

3. Limited Satellite Capacity

Starlink’s network relies on a constellation of low-Earth orbit (LEO) satellites. While SpaceX has been launching new satellites regularly, the current number may not be sufficient to meet the growing demand. Additionally, some satellites are being retired, further reducing capacity.

4. Competition for Resources

SpaceX is also developing cellular Starlink services for mobile phones, which requires dedicating some satellites to this new initiative. This dual focus may be stretching the company’s resources thin.


What Are the Options for New Customers?

If you’re in a “sold out” area, here’s what you can do:

1. Join the Waitlist

New customers can join the waitlist by submitting a deposit. However, Starlink cannot provide an estimated timeframe for when service will become available.

2. Opt for Starlink Roam

The Starlink Roam plan is a more expensive alternative that allows users to access satellite internet in multiple locations. While it’s not ideal for fixed residential use, it’s a viable option for those who need internet on the go.

3. Explore Other Providers

If Starlink is unavailable in your area, consider exploring other satellite internet providers or traditional broadband options. While they may not offer the same speeds or reliability, they can serve as a temporary solution.


How Is SpaceX Addressing Capacity Issues?

SpaceX is actively working to expand Starlink’s capacity through several initiatives:

1. Launching More Satellites

SpaceX continues to deploy new Starlink satellites to increase network capacity. The company has permission to launch thousands of additional satellites, which will help alleviate congestion.

2. Retiring Older Satellites

To make room for newer, more advanced satellites, SpaceX has been retiring older models. While this reduces capacity in the short term, it paves the way for a more efficient network in the future.

3. Introducing Congestion Fees

In areas with limited capacity, SpaceX has implemented a one-time $100 congestion fee for residential subscribers. This fee helps manage demand and fund network upgrades.


What Does This Mean for Current Starlink Users?

For existing Starlink subscribers, the capacity challenges could lead to:

  • Slower Speeds: Increased demand may result in slower internet speeds during peak hours.
  • Higher Costs: The introduction of congestion fees and pricier plans could impact affordability.
  • Service Interruptions: As SpaceX retires older satellites and upgrades the network, users may experience temporary disruptions.

The Future of Starlink

Despite these challenges, Starlink remains a game-changer in the satellite internet industry. SpaceX’s commitment to expanding its satellite constellation and improving network infrastructure suggests that these capacity issues are temporary. As the company continues to innovate, users can expect faster speeds, greater reliability, and broader coverage.


Conclusion: A Growing Pain for a Revolutionary Service

Starlink’s growing waitlist and capacity constraints are a sign of its success and popularity. While these challenges may be frustrating for new customers, they highlight the immense demand for reliable, high-speed internet in underserved areas. As SpaceX works to expand its network, the future of Starlink looks bright. For now, users in “sold out” regions will need to explore alternative options or wait patiently for service availability.

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For many travelers, the hassle of lugging around bulky suitcases can turn a dream vacation into a logistical nightmare. Enter Trunkster, a startup that promised to revolutionize the luggage industry with its sleek, tech-forward designs. Co-founders Jesse Potash and Gaston Blanchet appeared on Shark Tank in Season 7, Episode 10, hoping to secure funding to bring their innovative smart suitcase to the masses. While their pitch initially impressed the Sharks, the story behind Trunkster is one of ambition, overpromise, and ultimately, failure. Here’s a closer look at what happened to Trunkster, why it struggled after Shark Tank, and the lessons entrepreneurs can learn from its journey.


The Trunkster Pitch on Shark Tank

When Jesse Potash and Gaston Blanchet stepped into the Tank, they sought a 1.4millioninvestmentfora51.4millioninvestmentfora528 million. Their pitch centered around a smart suitcase designed to address common travel pain points. Key features included:

  • Zipperless Roll-Top Door: A sleek, durable design that eliminated the need for zippers.
  • Built-In USB Charging Ports: Allowing travelers to charge devices on the go.
  • Integrated Handle Scale: A self-contained scale to weigh luggage without additional tools.

The Sharks were intrigued by the innovative design but quickly raised concerns about the company’s $28 million valuation. Potash and Blanchet admitted they hadn’t shipped a single unit, and the valuation was based on presales from crowdfunding campaigns and aggressive revenue projections.

Despite the skepticism, Mark Cuban and Lori Greiner saw potential in Trunkster. They offered $1.4 million for a 5% stake, with two key conditions:

  1. 24-Month Guarantee: If the investment wasn’t repaid within two years, their equity would double to 10%.
  2. Royalties on Sales: To mitigate risk, they would receive royalties on units sold.

The deal was struck, and the episode ended on a high note. However, the reality behind the scenes was far more complicated.


Trunkster’s Struggles After Shark Tank

Crowdfunding Controversy

Before appearing on Shark Tank, Trunkster had already raised significant funds through crowdfunding campaigns on Indiegogo and Kickstarter. The Indiegogo campaign brought in 1.5million,whileKickstarteraddedanother1.5million,whileKickstarteraddedanother1.39 million. These campaigns were fueled by preorders from backers eager to get their hands on the innovative luggage.

However, the excitement soon turned to frustration. Many backers reported never receiving their orders, while others complained about the quality of the products that did arrive. The comments on the crowdfunding pages are filled with disappointment, with some backers accusing Trunkster of failing to deliver on its promises.

The Deal That Never Was

Despite the handshake agreement on Shark Tank, there’s no evidence that the deal with Mark Cuban and Lori Greiner was finalized. Neither Shark has publicly commented on the investment, and Trunkster’s subsequent struggles suggest the partnership never materialized. Without the promised funding and support, the company was unable to scale production or fulfill its commitments to backers.


The Downfall of Trunkster

By 2017-2018, Trunkster was effectively defunct. The company’s website went offline, and communication with backers ceased. The once-promising startup had collapsed under the weight of unmet expectations and operational challenges.

What Went Wrong?

  1. Overvaluation and Overpromise: Trunkster’s $28 million valuation was based on presales and projections, not tangible results. This overconfidence alienated potential investors and set unrealistic expectations.
  2. Failure to Deliver: The inability to fulfill crowdfunding orders damaged Trunkster’s reputation and eroded trust with early supporters.
  3. Lack of Scalability: Without sufficient funding and operational infrastructure, Trunkster couldn’t scale production to meet demand.

Where Are the Founders Now?

After Trunkster’s collapse, Jesse Potash and Gaston Blanchet moved on to other ventures. Blanchet founded Storypod, a children’s educational tool, while Potash joined Bungalow, a company specializing in co-living spaces. Both founders have largely stayed out of the public eye, leaving the Trunkster saga behind them.


Lessons Learned from Trunkster’s Journey

  1. Underpromise and Overdeliver: Setting realistic expectations is crucial for building trust with customers and investors.
  2. Focus on Execution: A great idea is only as good as its execution. Trunkster’s failure to deliver on its promises highlights the importance of operational efficiency.
  3. Transparency Matters: Clear communication with backers and stakeholders can help mitigate disappointment and maintain credibility.
  4. Valuation vs. Reality: Entrepreneurs must ground their valuations in tangible metrics, not just projections and presales.

A Story of Ambition and Caution

Trunkster’s journey is a cautionary tale for entrepreneurs and innovators. While the company’s vision was compelling, its inability to execute and deliver on its promises ultimately led to its downfall. For travelers seeking innovative luggage solutions, Trunkster serves as a reminder that flashy features and bold claims are no substitute for quality and reliability. As for Jesse Potash and Gaston Blanchet, their post-Trunkster ventures show that even in failure, there’s an opportunity to learn, grow, and start anew.

The world of startups is filled with highs and lows, and few stories encapsulate this rollercoaster better than that of Dmitri Love and his fintech venture, Bundil. Love’s appearance on Shark Tank in 2018 brought his innovative app into the spotlight, but the journey that followed was anything but straightforward. From a promising pitch to the eventual closure of Bundil, Love’s story is one of resilience, adaptation, and the challenges faced by entrepreneurs of color in the competitive tech landscape. Here’s a deep dive into what happened to Bundil, why the Shark Tank deal fell through, and how Love is thriving today with his new venture, Peas Technology.


The Bundil Pitch on Shark Tank

On October 21, 2018, Dmitri Love stepped into the Shark Tank to pitch Bundil, a fintech app designed to help users invest their spare change into cryptocurrencies like Bitcoin, Ethereum, and Litecoin. The concept was simple yet innovative: round up everyday purchases to the nearest dollar and automatically invest the difference into crypto. At the time of the pitch, Bundil was just two months old, with 360 subscribers and a customer acquisition cost of $2.70 per user.

Love’s pitch started nervously, but he quickly regained his composure and impressed the Sharks with his vision. However, not all of them were convinced. Lori Greiner expressed skepticism about cryptocurrency, while Mark Cuban cited a conflict of interest due to his investment in a similar app, ChangED. Daymond John felt the idea was too early-stage, and guest Shark Matt Higgins encouraged Love to consider Kevin O’Leary’s offer.

O’Leary, known as “Mr. Wonderful,” saw potential in Bundil and offered $100,000 for a 50% stake in the company. Despite the steep equity ask, Love accepted the deal on the show, hoping O’Leary’s expertise and resources would help Bundil grow.


Why the Shark Tank Deal Fell Through

While the handshake deal on Shark Tank was a moment of triumph, it didn’t translate into a finalized agreement. Love later revealed on the Outside the Tank podcast that he ultimately turned down O’Leary’s offer. The primary reason? The terms were too restrictive.

Love explained that he asked O’Leary for two key commitments:

  1. Dilution Protection: If Bundil raised additional funding in the future, O’Leary would need to dilute his 50% stake.
  2. Additional Capital: O’Leary would provide more funding to ensure Bundil had a sufficient runway to grow.

When O’Leary couldn’t commit to these terms, Love decided to walk away. This outcome isn’t uncommon—Love noted that around 88% of Shark Tank deals fall apart during due diligence. Despite the failed deal, Love maintained a positive relationship with O’Leary’s team and continued to pursue his vision for Bundil.


Bundil’s Post-Shark Tank Journey

After the show, Bundil continued to operate and even secured funding outside of Shark Tank. Love highlighted the company’s inclusion in the Capital Factory Accelerator, a prestigious program that mentors promising startups. In a 2019 interview, he expressed optimism about Bundil’s future, mentioning plans to add new features and secure additional funding.

However, Love also faced significant challenges. In a candid LinkedIn post, he shared his frustration with the fundraising process, particularly as a Black entrepreneur. He pointed out that competitors with less traction, weaker teams, and no revenue were raising millions, while Bundil struggled to secure similar support. “Or maybe, we are just Black-founded,” he wrote, highlighting the systemic barriers faced by entrepreneurs of color.

Despite these obstacles, Bundil persisted for several years before Love made the difficult decision to shut it down in early 2023. Reflecting on the closure, he admitted that he should have considered pivoting or exploring new directions sooner.


What’s Next for Dmitri Love?

While Bundil may be gone, Dmitri Love’s entrepreneurial journey is far from over. In 2023, he launched a new fintech startup called Peas Technology, which aims to revolutionize how couples manage their finances. Peas allows users to split bills, save together, and manage their money using an AI-powered financial assistant—all without switching banks.

Love’s vision for Peas is rooted in solving real-world problems. As he explained in a LinkedIn post, the app is designed to make joint finances easier and more transparent, reducing the financial strain often associated with divorce or separation. Peas is currently in private beta, with a waitlist available for early adopters.

In addition to Peas, Love has built a stable career in the fintech sector, working as a product advisor for companies like Seeds and Robin Healthcare. His experience with Bundil has clearly shaped his approach to entrepreneurship, emphasizing resilience, adaptability, and a commitment to solving meaningful problems.


Key Takeaways from Dmitri Love’s Story

  1. The Reality of Shark Tank Deals: Not all deals made on the show come to fruition. Entrepreneurs must carefully evaluate the terms and ensure they align with their long-term goals.
  2. Challenges for Entrepreneurs of Color: Love’s experience highlights the systemic barriers faced by Black founders in securing funding and support.
  3. The Importance of Pivoting: Recognizing when to pivot or explore new directions is crucial for startup survival.
  4. Resilience Pays Off: Despite setbacks, Love’s ability to adapt and innovate has kept him at the forefront of the fintech industry.

A Story of Resilience and Innovation

Dmitri Love’s journey from Shark Tank to Peas Technology is a testament to the resilience and creativity required to succeed in the startup world. While Bundil may not have achieved its full potential, Love’s ability to learn from the experience and pivot to a new venture demonstrates his determination and vision. As Peas Technology gains traction, it’s clear that Love’s story is far from over—and the fintech world is better for it.

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