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Tile's Tiny Tech That Tracks Your Stuff

Tile's Tiny Tech That Tracks Your Stuff

Assessment

Interactive Video

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video discusses a startup's journey from initial manufacturing to shipping over 300,000 units worldwide. The product, a Bluetooth-enabled tracking device, helps users locate lost items by creating a network of users. The startup has seen significant market interest and is expanding to Android platforms. With recent funding, they aim to grow their network and meet increasing demand.

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the initial method of funding for the startup?

Bank Loan

Angel Investment

Crowdfunding

Venture Capital

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What technology does the product use to help locate lost items?

RFID

NFC

Bluetooth

Wi-Fi

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the product communicate the location of lost items?

Using cellular data

Through a dedicated server

Through GPS satellites

Via a network of app users

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main focuses of the startup's marketing strategy?

Targeting tech enthusiasts

Advertising on television

Focusing on specific use cases

Sponsoring events

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the future plans for the product mentioned in the transcript?

Expanding to Android devices

Launching a new crowdfunding campaign

Partnering with a major retailer

Developing a new version for iOS

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