Non-Lethal Police Restraints
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James discusses a law enforcement technology company he co-founded that developed a non-lethal restraint device. The company successfully went public and continues to grow.
Key Points:
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Core Product:
- Gun that fires a kevlar cable at the speed of sound
- Cable wraps around the target
- Tightens as the person struggles
- Designed as a non-lethal restraint solution
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Business Development:
- Started in response to Black Lives Matter movement
- Partnered with an inventor for the technology
- Former Taser founder joined as company president
- Company name is Wrap Technologies
- Successfully went public
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Impact & Growth:
- Actively saving lives daily
- Currently in growth mode
- Increasing sales
- Continues to operate as a public company
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Market Position:
- Addresses law enforcement need for non-lethal options
- Fills gap in public safety technology
- Positioned as a solution to reduce lethal force incidents
41:07 - 41:28
Full video: 01:01:47JA
James Altucher
Entrepreneur, author, and podcaster with over eight years of experience running "The James Altucher Show." Transformed a living room experiment into a podcasting powerhouse with 40 million downloads.
Interviews influential guests on topics ranging from entrepreneurship to ancient civilizations. Aims to provide inspiration and practical wisdom through engaging conversations and thought-provoking content.