Shark Tank US | Can Expedition Subsahara's Traditional Art Convince The Sharks?
Sofi Seck is seeking $500,000 for 10% of her product Expedition Subsahara.
From Season 14 Episode 4
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Shark Tank US | Can Expedition Subsahara's Traditional Art Convince The Sharks?
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Пікірлер: 280
Lady: “when George Floyd died, I saw a boost in my business.” Kevin: “That’s good!”
@fuckhead607
11 ай бұрын
Mark said it too, but yeah was weird.
@leanneedwards3047
11 ай бұрын
bruh 😂
@Camaink1
11 ай бұрын
Bro Mark said "it's awesome" first! 😂
@Angiesensei.
11 ай бұрын
@@Camaink1 😭😭😭
@downey416Toronto
11 ай бұрын
🤣🤣🤣🤣
The moment Lori starts on an appreciative note, we know she’s gonna be out
@Lux11-XMP
11 ай бұрын
Facts
@nitin94gupta
11 ай бұрын
Lori is the new Barbara?
@johnnyamerica4336
10 ай бұрын
As soon as she tried making it political. Floyd was NOT murdered.
@erikstone2321
9 ай бұрын
@johnnyamerica4336 She legitimately thought the black victimization was going to work 🤣
@paulthrutner9114
6 ай бұрын
Same when Cuban says …”good for you”
7:45 "I don't sleep ... I will work like a lion" Lions: Sleeping 20 hours/day
@NBAdamSilver
8 ай бұрын
😂
@emberior
2 ай бұрын
Google:🫴🏽👑🫡🫵
bro.. i shed tears for the first time on shark tank when she said "Bet on me" that cut deep
If she asked for 250k at 10% she could have gotten an offer. Asking for $500k is too steep
@chris_p06
11 ай бұрын
she'd cut her valuation in half but yes with less money she'd have better chances of getting a deal
@ozhan10
11 ай бұрын
@@chris_p06her valuation is crazy sales means nothing when you have to spend 100$ to get a customer !
@Fernando-qe2ji
11 ай бұрын
She would have gotten 100k for 10% plus .20 cnet royalty
@rachelle_banks
2 күн бұрын
@@chris_p06Yes. And because everybody up there what bet on her as a person, they would put more money behind it if necessary.
@chris_p06
23 сағат бұрын
@@ozhan10 What sharks do well is lower the CAC. If they see potential they will help
Mark Cuban’s face at 6:50. He was so out but so polite. She asked for way too much money. A little less and someone would’ve taken a flyer
@petergabriel9261
11 ай бұрын
Hahaha
500k for 10% while barely breaking even is crazy
@xJDMWaRRi0Rx
11 ай бұрын
Her bringing up drugged out George and that outburst against Kevin with no grounding to stand on sealed the deal lol
When this lady reaches back home, she is going to receive a letter in the mail. It’s Barbara saying that she is out
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"George floyd died" Mark and Kevin- "hell yeah!" lmao
@jay-dubb.dubb.68
11 ай бұрын
The editors definitely made some "choices" 🫨
sad she didn't get a deal she seems so nice and gennuine
African art is nice but going retail is a bad idea. She would need a lot of weavers if she wants to scale. I don't see how she can scale. But the product is nice and should be in boutique stores. I would happily buy a large basket and i'm very white lol. It is a perfect hamper. My mom had one for several decades. it was woven with some kind of wood. I will get one myself someday. Its a nice accent piece.
@RicardoGonzalez-ew3iw
11 ай бұрын
Race dont got to do with what nice or what u like airhead get a man white or black is the only chance u got in life
@tyrellcobb4665
11 ай бұрын
Woven with wood? Lol. How does that work?
@infowazz
11 ай бұрын
look up amish laundry basket. its like that@@tyrellcobb4665
@infowazz
11 ай бұрын
made of willow or reed. @@tyrellcobb4665
@KeithAShieldToy
11 ай бұрын
She should do a marketplace and take commission like an Etsy platform
Those baskets are so pretty. A lot of varierty.
The baskets are so colorful and I like the idea that she's providing an income for her people back home. However, there are a few things I find wrong with her business, having 1.6 million in sales and only netting 75,000 dollars is ridiculous, customer acquisition is too high, plus spending $400,000 in one year on advertising is way too high. She needs to cut costs somewhere, or else her business will sink.
@lisam8044
11 ай бұрын
I hope she uses free social media to promote, I would love a vid of her or back home singing and weaving to have an audience relationship
@dmalka336
11 ай бұрын
Beautiful product.
@davidk7441
2 ай бұрын
I don't think she knows how to market that's where her problem is. Not sure how these sharks missed that bit. The sharks could have asked her what the conversion rates of the traffics are, and find out where the leakage is. A good sales copy could make a drastic difference between conversion, therefore bringing her customer aquisition costs way down.
+100 CAC that’s INSANE. It doesn’t matter if you sell 3 million or 10 million if you are not doing any profit. She was fighting over wages when the real problem was the intensive expenditure on marketing
@TheSateef
11 ай бұрын
i fell off my chair when she said $117 per customer
@user-yt198
11 ай бұрын
She chose a route as if it is a tech business.
@AkireMaru
9 ай бұрын
I’ve seen upwards of $1000. Kit a big deal as long as LTV aligns
Pity she asked for so much money. If she had have gone in asking for 100k she would have definitely got a shark partner. They were all really impressed by her but asking them to fork out half a mill was way too steep. Hope she makes it
When she said retail, I knew it was over with the Sharks . Nice baskets though, I wish her well!!
"I dont sleep, I run the ads, I pack the boxes" yeah and you make $5 an order lol
@omarfarooq5772
11 ай бұрын
how much are u making
@i-fart-in-elevators
11 ай бұрын
@@omarfarooq5772 more than $5 lol
@FusionDeveloper
11 ай бұрын
Right. Mismanagement of money is what is causing the problem. $400,000 on advertising and asking for $500,000, for what, more advertising?
@i-fart-in-elevators
11 ай бұрын
@@FusionDeveloper facts
Just made a salad for lunch and then this gets uploaded. Crazy how things just work
@beezkneez7065
11 ай бұрын
Best show to watch while eating 👌
@bluefinMarga
11 ай бұрын
I saw the upload and said "lunch it is" and have a sandwich now haha
Maybe she should turn this into a non-profit if she wants to help her community. She can then give herself a salary. 💗 Good luck!
@erikstone2321
9 ай бұрын
Over $1,000,000 in sales. Material is literally made from grass! I don’t buy it for one second that she hasn’t made a HUGE profit
@VideosByZe
Ай бұрын
Bad take mate. You can do a good business & help your community all together. Actually, this should be a must. If that's not the way it's done today then it's on us to change it, why would we want it otherwise?
Most of the woven stuff in stores is garbage and I hate it. This lady has good stuff that I'd actually buy.
A bit hard to watch!
Mark always tryna give positive advice on why they don’t need sharks a a way for him to back off politely
Never give up! Turn those NO’s into Yeses later! You got this!
I hope she succeeds.
Another good pitch passed by..
$500K for baskets? This lady’s valuation and numbers are from fantasy-land. The business is worth nothing at this point. Plus, she is not being straight forward and honest about the health of the business. I understand that it’s just a tv show, but it’s an insult to the Sharks’ intelligence to trot this lady out there.
@AkireMaru
4 ай бұрын
To say the business is worth “nothing” is so far from the truth that one could only assume you have never bought and sold a business before.
@vistalite
4 ай бұрын
@@AkireMaru I just sold a business in December, sir. This woman’s valuation is misleading on purpose. Her CAC is insane. No one is buying baskets. She makes almost no profit. The business was worthless at the point of her pitch.
Bummed she couldn't find a partner but with her faith, she'll win. I just went to their website, beautiful work. And, free shipping in the US! I wish her luck with her business and all the good that its doing for all who work for and buy from Expedition Subsahara.
@tabeagnes5893
11 ай бұрын
U should order
Good luck Sophie .. u go girl
❤ Wild guys, I can't wait to see where she is in a year.
I have these hanging in my house. They are from Vietnam. She cannot undercut that
The reality is rich people buy this stuff. Poor people by the cheap mass produced replicas. This turns her product into a niche market that most people cant afford.
Not her bringing up george floyd in her pitch 💀
Nice stuff.
I feel sorry for her
@jonnie5bgood583
11 ай бұрын
Why
Whenever there's a Black person, the camera man will always immediately point to Damon lol
Asking for 500k while waking into the bottom is crazy .. she’s almost breaking even and going to burn a lot of cash for the retail .. poor business strategist ; just got lucky with the Floyed incident and will lose momentum.
@Wiggles-u6x
11 ай бұрын
Facts. George flyod wasn’t even murderd he was on enough drugs to kill a moose
Ugh the moment she mentioned GF I just clocked out.
@joelsommer5765
7 күн бұрын
Why ? She was just mentioning that was when she started making more. If she would have just said, my sales jumped randomly, the sharks would have asked if there was a reason she started selling more. She can't lie . That's when she started selling more.
What’s so special about a basket ???? How did this even make the show…..????
@locdinwithzaza
8 ай бұрын
BLM
Sophie seems capable of navigating the business to the next level if she continues to learn. I hope she does well!
she was very aggressive. but I think I like her products and I want to buy them for. myself.
Superstar!
Great🎉🎉
"I would work like a lion". Well. That's not very encouraging since lions spend most of the time resting and sleeping. I think it is like 21 hours per day. Lol
@roojistanr5015
2 ай бұрын
Yeh but the 3 hours they’re awake they’re productive
@joelsommer5765
7 күн бұрын
I think she's talking about when they are awake lol. And how they risk their life every time to get food.
It probably would’ve made more sense to ask for 100k and a line of credit for inventory.
Shocked. Daymond did not invest in a Black business with great sales. That's sarcasm, by the way.
Very nice
I think she is greattt i hope she succeeds
She wasn’t making money while training lots of people in skills that might not be valuable unless her business survives. A three tier approach would have worked and turned profitable. Master weaver, apprentice and about 10 people on piece rates while waiting for their turn to apprentice. She started with nothing so was careless when she got it.
@erikstone2321
9 ай бұрын
Yeah when Senegal, without a doubt, gets taken over by Islamic extremists, basket weaving won’t help them!
They are tip toeing on her coz of the GF angle. Ppl are too woke these days. But glad they refused to partake in this crap.
All lives matter get it straight and quit separating us by race we are supposed to be a community as one not divided. There should be no "black movement" we all eat off the same plate this is 2023. 👍
@dbdqueen2786
11 ай бұрын
no lives matter until black lives matter.
@mrhumble2937
11 ай бұрын
Typical thing to say. Also not the brightest.
@jonnie5bgood583
11 ай бұрын
@@mrhumble2937nah blm is a hate organization. Alm 💪🏾
@dbdqueen2786
11 ай бұрын
@@mrhumble2937 cool.
@diamond852
11 ай бұрын
Strange thing though how only one life matters when police and George Zimmerman go hunting.
1.6 M sales last year. Customer Acquisition Cost 116$. What’s the point 😢.
That hurt💔💔💔
This lady from Africa and she's exploiting Africans These baskets cost less than 10 dollars
@nichiyes26
11 ай бұрын
And how much does it cost to keep up the infrastructure? For international shipping? And dealing with international law, taxes, etc.? And to actually pay a living wage to the workers?
@mk-th4fg
11 ай бұрын
@@nichiyes26head 😂
I would buy a basket!!!😊
Honestly I don't get why people ask too much when they need the help😅. You are literally asking for help.
She just asked for to much money. What a shame
I love her soul ❤
I can get those in Tijuana lol
Wow!!
These begging, and crying pitches are just the worst
@alienarachnid5367
Ай бұрын
But she’s defending herself! She made 3.2 million and they should respect that
This is one smart lady
she overvalued the business that was a mistake... great sale & person tho 1!
Bet on her !!!!! 👏👏👏👏
What a joke 😂 5 million valuation on a business that is selling 1m a year and barely breaking even
1:23 anyone else hear someone growl when she says she's a lion? 😅
Does she not realize she's pitching to white people and Damian? assuming there's no color or culture unless you get her product is insane. There are so many cultures that use the same methods and much more vibrant colors. I literally lose respect for ppl who try to use victimhood.
She said she works like a lion, but aren’t lions notoriously lazy?
@robinabernathy2829
11 ай бұрын
The males are.
when your going to shark tank and thinking about retails,. trust me this shark will automatically going to say,. im out,. because all shark knows that will never get their money back again,. because once you go retails,. all of your expenses will increased drastically and ask for more investment,.
Lmao using George Floyd in a pitch. For that reason. I’m out. “Murdered”💀💀💀
@nichiyes26
11 ай бұрын
Why do all the racists feel compelled to out themselves in these comments?
@Losttimes1992
11 ай бұрын
@@nichiyes26You see a guy pointed a gun at a pregnant woman as a hero sit down you weirdo.
lost.. with some gorge story.. ill have to rewatch
she needs to pay per basket!!
Cmon DJ
Was the $500,000 to pay for more advertising?
Everything but the valuation, which is beyond ridiculous.
This was a QVC item
She should have done 250k at 5% same evaluation but she's not asking for so much.
@tgchikukwa6947
11 ай бұрын
Sharks would have done 250k for 15 to 20 percent of her business.
@diamond852
11 ай бұрын
I'd say 250 for 7.5% was the sweet spot.
@tgchikukwa6947
11 ай бұрын
@@diamond852 no chance for sharks because her product it's not digital or mass consumer products though
Garbage product and no wonder it's failing.
@tabeagnes5893
11 ай бұрын
Where's yours?! Don't criticize
3:45 3:59 Taken out of context for the joke
This Karen wants to talk to the manager 😅
Like be fking fr. Breakeven and you want a 5M valuation???? This business is worth 300K at most
think where you are, this is not a charity show, admirable that you want to pay good wages but to get investors, you need think how will they come out ahead if they make this deal so yeah everyone is out.
She asked for too much money
O heart breaker
*overdosed
These baskets can never be landed for $18 she was greedy to sit on two chairs. Max landed 7-10 by most and still that can be reduced over increase orders. Insanely she was trying to make money from manufacturing and from selling. Whoever could have partner up with her would have realised the dirty game involved. Wish her best of luck but she ruined everything with 500k for 10%
It's obvious that some people are invited onto this show just because of the color of their skin and not the merit of their business. We should be boycotting episodes where this is the case, such as this one.
@bholifield83
11 ай бұрын
She had millions in sales what are you talking about?
@locdinwithzaza
8 ай бұрын
@@bholifield83because of George Floyd 🤣
If the video is 7mins or less 0% chance a deal was made...8 mins 25-30%...9mins but under 10 60%...10mins 75-80%..10mins or more 95%...thats the odds i place before watching..this video is 9mins and change so i will say she was offered a deal but declined...
@The.Philippines.Joe.
11 ай бұрын
Whelp after watching i see i was wrong...lol..no deal not even an offer to decline lol..
I'm crying
Anyone else eating rn?
Can she speak any faster?
Ah yes, the brilliant community saint George Floyd... lol 😆
@shanibass4121
11 ай бұрын
May God have mercy on your soul
@i-fart-in-elevators
11 ай бұрын
@@shanibass4121 what about that pregnant woman he robbed at gunpoint? He was a drug addict career criminal, and you're defending his honor? Why
@shanibass4121
11 ай бұрын
@@i-fart-in-elevators Well, I didn't know all of that. Yet, he was wrong and he's paid his debt when he went before the most high. We don't do eye for an eye. If he were a drug addict, no one would respond to the question What do you want to be when you grow up When the 3rd-grade teacher asks, as many do, no child has ever responded "A drug addict. We all fall short and I am empathetic of a pregnant lady or anyone being robbed at gunpoint. Yet I'm saddened when someone becomes a drug addict. My heart breaks for all the wrong things. Yet, it tears my soul when someone is gunned down in the streets when it didn't have to be. Eric Gardner, Trayvon Martin, let's go back to Emmitt Till. History repeats itself. Jesus is just and he's wise and our heavenly Father knows and sees all and everyone shall pay for their misdeeds. So it's best to be on the right side with a pure heart having compassion. Yet the things I just mentioned will not be the only things that shall grant your name being written in the LambsBook of Life. If there is no unity there is no unconditional love.
@vivs9314
11 ай бұрын
@@shanibass4121Well, God certainly wasn’t on the pregnant lady’s side who Floyd held at gunpoint.
@Jarrod_Gimbergh
11 ай бұрын
@@i-fart-in-elevatorscould’ve been anyone though, that’s the problem.
I get incredible cringe when people say things like "we'll change the world one basket at a time", "one tshirt at a time" "one bottle at a time.." it is soo overused already but ppl still continue to use it 😅
Floyd wasn't murdered. For that reason I'm out
@shanibass4121
11 ай бұрын
Modern-day lynching. I know. But Jesus. He's already won and the battle is his. Hopefully your soul will make it to Heaven. Though I suggest you check your heart first.
@xJDMWaRRi0Rx
11 ай бұрын
@@shanibass4121overdosing on fentanyl after trying to rob a convenient store with a fake $20 is what a modern day lynching is?
@Losttimes1992
11 ай бұрын
@@shanibass4121God doesn't like people who point guns at pregnant woman. So to crime people and you wont have troubles.
@locdinwithzaza
8 ай бұрын
@@shanibass4121did you see the autopsy?
@shanibass4121
8 ай бұрын
@@locdinwithzaza I didn't need to see the autopsy. Have you?
The wokeness fad is fading.
@blazer9547
6 ай бұрын
Finally
Talk
I couldn’t understand anything she was saying
Glad she rejected the old piece pay system. Not sure how retail is supposed to work. Mass producing these would kill their appeal.
@sethbritt4564
11 ай бұрын
I love how you said glad she rejected the peice pay system and then followed it by saying you don’t know how it would work
Make it seriously Politly do you your Conversation how do you feel like this perfect.😘 and with you pizza place near me🚔😍⬆️.
Poor thing