the first dude knows how to negotiate

@angelmendez6732

Жыл бұрын

Right on the money

@Songs-lr4wt

Жыл бұрын

Yeaa, he was negotiating for 0.5 % whereas people just give away 30%

@kevinaguirre7716

Жыл бұрын

Right, I was thinking the same thing

@cbrreezzyy69

Жыл бұрын

He knew his product, knew the worth, knew where it was going, he just knew what was worth giving up and what wasn’t

@twodeepupyours508

Жыл бұрын

Helps to negotiate when you have leverage

Kevin is one smart man, he pushes all the negatives of the product(s) out to make the other investors second guess, waits for them to be out, and when he's the last one left, throws out a lifeline to the entrepreneur(s) with an offer that benefits him and also makes the entrepreneur(s) feel like they have to take it

@7LamarOdom

Жыл бұрын

he's a beast

@philshumble6954

Жыл бұрын

but the wine did not make it into costco. and zipz is now out of the wine market

@dawsonjamesbernard

Жыл бұрын

Man’s is a shark

@ianburns1175

Жыл бұрын

@@philshumble6954 The money was never in the 🍷 it was in the glass.

@gregbrown6041

Жыл бұрын

Kevin is the real shark

Barbara: I love your product. I think you're fantastic, your business is phenomenal, and your valuation is perfect. I've been waiting for years for someone like you to come into the tank; in fact, I dare say you are the single greatest entrepreneur we've ever seen, with the greatest business we've ever seen. This product will change hundreds of millions of lives for the better, and generate hundreds of billions in revenue. I think you're beautiful, and I love you. For those reasons, I'm out.

@olawaleolumide8399

7 ай бұрын

😂😂😂😂😂

@siddharthr594

7 ай бұрын

Not funny

@DanielAyy

7 ай бұрын

​@@siddharthr594Didn't laugh

@tedgonzalez985

6 ай бұрын

Very nice copied comment, bro. 😂 👌 I bet you're also going to edit your comment and write "Wow, guys! Thx for the likez!!!!1!!"

@scootstix

6 ай бұрын

100%

Man the first dude was solid. He came off as the one offering something not asking for something and that made the sharks come down, they knew he wasn’t afraid to walk away.

@pheasantpluck

Жыл бұрын

Exactly. I came here hoping to point this out. Nice one. He continually specifically says “our final offer, our offer to you is“ rather than asking for something

@goldieryry2401

Жыл бұрын

And they should’ve let them walk. It was a very very stupid product. I mean I understand why the sharks made a deal but i think that it was such a stupid product. They started by presenting a problem and their answer to the problem was something completely unrelated to the problem. It was and is a very stupid product. Not to mention that their business plan was all sorts of wack.

@quentin09z

Жыл бұрын

Right ! and the second one was the exact opposite, looked desperate for a deal !

@A7Lopez

Жыл бұрын

@@goldieryry2401 they make like 20 mil + a year.

@lalaeatinagotdamnburger3416

Жыл бұрын

@Goldie RyRy 😂😂😂

First entrepreneur is a good negotiator: cool, calm, collected. Knew his product and did not fall for low ball offers. Kevin loves to degrade products and bring out flaws but as soon as he signs deal he boasts about how great it truly is. They have every right to fight for ownership of their company.

@mathewvelasquez6071

Жыл бұрын

He should be a sports agent/nba gm for real for real.

@4legsam

Жыл бұрын

People like the first entrepreneur cant take lowball offerers because it would be a down-round. It would devalue the first round of funding they received.

@boddaboom77

Жыл бұрын

He put out the idea to bring another shark on board (added value) and got the same amount of money with half the equity as the original offer that Kevin gave them. Pretty good.

@GlorifiedGremlin

Жыл бұрын

Yall know this dude is literally profiting off data mining right? He's digitizing vending machines in order to have ANOTHER data mining avenue outside of the internet

@1rage17

Жыл бұрын

That’s what makes him a smart shark. He points out the flaws so that the other sharks will hesitate to buy then he offers a price that benefits him and the entrepreneur to make them feel like they have no other choice.

The fact Barbara sat through the whole presentation as well as further questions and said “I feel like a second grader I have no idea what’s going on” absolutely blows my mind lmao

@politecat9207

Жыл бұрын

Yeah that seems more like her being uninterested or not paying attention instead of them explaining it badly.

@Bear-form

Жыл бұрын

You don't see all of it.

@fos1451

Жыл бұрын

@Master Marc Subliminals says the guy who can’t even make a million

@n0thingbutstatic

Жыл бұрын

came to the comments to look for exactly this, shes being so rude here. From the clip they are very sharp and to the point. Makes me think maybe they cut some stuff out? Otherwise this outburst from Barbara is WAY out of left field. What is it she doesnt understand? Its a vending machine for fresh milk. Done. What is her problem????

@nevertoolatewithnat

5 ай бұрын

She’s not the consumer. I on the other hand was the marketing director for a well known organic grocer and I can tell you firsthand this product is going to soar into success. Barbara obviously doesn’t realize how loyal and fierce people can be about what’s in their food. And these consumers don’t care what it’s going to cost them.

I would absolutely buy NUMILK if I saw a machine in my local grocery store. I love the option for a fresh, preservative-free, milk alternatives.

@harleykessler9721

Жыл бұрын

yes and the reusable glass bottle!!

@words007

Жыл бұрын

TBH it's a good thing even if you aren't any fan of these milks you can have different flavours everytime you go in supermarket just to taste different milks it's cool idea, but only if they dominate the field from the start they will end up profitable.

@gial27

Жыл бұрын

Yeah I thought "damn this has to be massive now", I googled it and they havent released this years numbers but presumably still not making profit

@47fr121

Жыл бұрын

Yeah I don’t usually drink alternative milk but it looks good

@danh5637

Жыл бұрын

It takes 30 seconds in a blender?

I loved the NuMilk idea. I would love to see it in my local Whole Foods, would definitely be a customer. Went to their website though and saw they seemed to have scrapped the whole grocery unit idea and are focusing on the coffee shop and home units.

@claiminglight

Жыл бұрын

I was interested in the home unit idea, but it looks like they're gonna make you buy k-cup style packs. Which is pretty lame, in my opinion. No way I'm buying an appliance that only works if they stay in business while also lacking the utility to let me use the ingredients I want and have access to. I still understand this business from a coffee shop angle, but I don't think the home idea works the way they have it now. I certainly wouldn't be a customer, at the least.

@KiinaSu

2 ай бұрын

@@claiminglight Just looked up the website and they basically reinvented Juicero. What a shame.

The first guy straight up played Lori and Kevin. 2.5% equity was not his lowest. He just wanted to force them down as low as possible. Genius move.

@MultiAsdasad

Жыл бұрын

Maximum you mean?

@hatem9432

Жыл бұрын

Naw idk bcs the $2million was debt with 7% interest. Rather than money they can call their own

@ozymandias8523

Жыл бұрын

They have to pair the debt back though

@bindutiwari4263

Жыл бұрын

@@ozymandias8523 isn't that obvious ? He probably was prepared for a debt and he knows the best for his company

@topspot4834

Жыл бұрын

He's a good negotiator, but Kevin and Lori countered after his "final offer" so they understood what was going on ... I thought he could've gotten that interest rate down though, but dude was definitely impressive. And you gotta think, the sharks don't want some pushover, cause that's how you'll be with other people too. Know what you want, know your product, be firm, fair and cordial ... MOST importantly know when to shut up and walk away!

I love how on the Zips deal Kevin scared off all the other sharks before he made an offer, pure genius

@oranjmusemeyer968

Жыл бұрын

Zipz hasn't been around for a long time, all they sell is packaging. Plus, it's just another single serve plastic. Glass bottles are recycled right now to save coastlines!

@1cj

Жыл бұрын

I would be terrified if Kevin called the sales peepeepoopoo as well

@CoD3x4life

Жыл бұрын

He didn’t really scare them off, he exposed the big big issue and risk in investing in it, not out of fear but out of standard business function. He hit the guy with facts, and on top of the fact he’s the only one who’s a wine connoisseur, so it’s specifically his space.

@bbking006

Жыл бұрын

@@CoD3x4life Wine connoisseur pushing under $10 wines? Yeah OK LOL

@georgebrantley776

Жыл бұрын

@@bbking006 Wine connoisseur as in, understands the wine industry. He's right about the wines by the way. Most Americans in 2009 (when that episode aired) were definitely not about to spend $3 on a plastic cup of wine when they could get a whole 750mL bottle at an average price of

A Hindenburg moment that affects derivatives and the financial system could occur if the US Treasury market collapses. Rising illiquidity in the $14.8 trillion U.S. Treasury market, according to Bank of America, might affect other financial markets.

@AnthonyHart34

10 ай бұрын

Particularly in this weak market, there are several opportunities to generate excellent returns, but such intricate transactions can only be carried out by seasoned market professionals.

@patrickperez7387

10 ай бұрын

@@harod033 That is a strategy I have been considering. I have been holding onto a lot of stocks, but they are beginning to depreciate, so I'm not sure if I should keep them or sell them. My portfolio could benefit from restructuring if I hired your investing coach, in my opinion.

@godof-ou1dw

10 ай бұрын

@@harod033 My search for her website just required that I enter her whole name into Google. So far, it appears to be intriguing. I'll give her a call on the scheduled occasion and let you know how it went. Thanks

@Almond_tofu.621

Ай бұрын

@@patrickperez7387🙂

I feel so bad for the second guys. Barbara legit said that she was "out" because they talked too much 💀

@Mr.Spoiler10

Жыл бұрын

yeah 💀

@abhishekkrishna8542

Жыл бұрын

She said out because she didn't understand them

@charleenxu

Жыл бұрын

@@abhishekkrishna8542 still a bad reason lmao

@apollo1694

Жыл бұрын

​@@charleenxuBetter than spending a million on something you have 0 clue about

@jeffmorrison6086

6 ай бұрын

I didn’t think it was too difficult to understand, she comes across as angry & rude when she doesn’t like certain products. I like the show better when she’s not on it, but I don’t like the cocky Uber guy either.

i like when kevin makes a deal. he brings up different types of deals than the other shark and we learn a lot from it

@twodeepupyours508

Жыл бұрын

Me too

@daiszaib

Жыл бұрын

Lex Luthor

@zach4216

Жыл бұрын

He's the smartest shark.

@OrgyAtMyPlaceNOW

Жыл бұрын

Royalties in Perpetuity!

@nemanjamaksimovic1263

Жыл бұрын

But the deals are horibble for owners

Ya know, we all give Mr. Wonderful grief, but at 28:58, he proved himself to be a very wise man with invaluable words of advice to entrepreneurs. Very well said.

@tableforthreee

Жыл бұрын

HAHAHAHA

@iambanter

Жыл бұрын

😂😂

@pricklycats

Жыл бұрын

I already knew it was gonna be the poopoo thing before clicking 😂

@royalkweyama7628

Жыл бұрын

Any book recommendtions

@MakeupByTink

Жыл бұрын

HahhahahahahH

Numilk seems to be the only one with real potential. But the vending machine guy was the best negotiator, no doubt.

@scottcamuto8410

Ай бұрын

Vengo is doing extremely well.

@unnamed5oldier659

Ай бұрын

the vending machine is just a data mining company disguised as a vending machine. Honestly baffling how none of the sharks saw that. Data is priceless

The Vengo spokesperson knew his numbers, the market, his product, and was a sage negotiator. Liked listening to him hold his ground

Love that Lori wanted to make sure the last guy fully understood the deal that was offered to him. A small and simple question but big impact (for me). Respect.

@MaximaToluene

Жыл бұрын

Lori best shark

@zeBorat420

Жыл бұрын

@@MaximaToluene marks good too, but the other way. He tries to let on if they’re getting taken too easily

@Vendrix86

Жыл бұрын

I mean she herself isn't the brightest bulb so she was probably asking more for herself lol

@MacAndCs

Жыл бұрын

@@Vendrix86 Lori could go to an ATM right now and set her hands on more money than the next five generations of your family will make combined. I'd say she's a pretty bright bulb.

@michaelxz1305

Жыл бұрын

After the first 2 pitches, I couldn't believe the last guy didn't yell as well when giving his pitch. I'm usually watching dragon's den, not much yelling there

Watching Kevin hustle sharks out of that and grinding an amazing deal for himself was just intensely fascinating

Kevin is a very smart guy,he first highlights weak points of the projects to make other investors out. And make project owners to feel their idea is not that worth. This also enables him to create pressure over project owners to take his offer. His offer for Zipz was very unique and doable for both sides. Brilliant!

Fun Fact: The 1st two deals never closed and the 3rd one did close the deal but now they are just in the licensing business and not the manufacturing business.

@olliejames1190

2 ай бұрын

Do you know why they didn’t close? And do you know if the 3rd got into Cosco, I guess not by the moving to licensing paet

@muhammadfurqanahmed9529

2 ай бұрын

@@olliejames1190 nope. Just Google the update on these. Don't know the specifics.

@r1s1mp

2 ай бұрын

numilk did closed. someone brings a vegan milk product to the tank and mark went out because he said that he invested in numilk and he will be competing with himself

@ArthurB26

28 күн бұрын

​@@r1s1mp Well it's possible the original deal didn't close and they came up with a new one.

First guy is the best I’ve seen on shark tank! He held his composure and negotiated like a pro

@royalkweyama7628

Жыл бұрын

Any books recommendtions

@NadiaSeesIt

Жыл бұрын

Yeah. That product was weird though. I already hate that gas stations make you watch their ads, i wouldn't use a vending machine that does the same

@TheSuperBoyProject

Жыл бұрын

@@royalkweyama7628 mein kampf

@parth4377

Жыл бұрын

@@TheSuperBoyProject 💀💀💀

@photlam9769

Жыл бұрын

​@@royalkweyama7628anything by Karl Marx

Okyay, hands down the first guy (Vengo) is a genius. He did all the talking after establishing the value of his aerospace engineer partner. His thought clarity of what his business model, his strengths and asks was is mindblowing. And to top it all up, his negotitation skills are mind blowing. Would love to have such person as a mentor!

@Smasher0404

Жыл бұрын

@Zash I mean they are still around, and managed to secure $7 million in funding. While I don't like their machines when I used them before, I think it's too soon to call them a failure.

@DsgSleazy

Жыл бұрын

@Zash They're worth 50 mil now, lmao.

@wendys5071

Жыл бұрын

@Zash fail? What are you talking about they have 1500 machines across the US now even in NYU and harvard campus. Their company worthed 50 millioni dollar!

@the48thhawk74

Жыл бұрын

@Zash Lmao

@dogdie147

6 ай бұрын

That’s why you never jump to conclusion without thinking

Kevin is far and away the best shark. Informative, knowledgeable, and hilarious at the same time. Just a great all around genius.

@deeboy84gradybaby24

Жыл бұрын

Agreed

@podi_ta7978

Жыл бұрын

Nah its Cuban, Kevin can hustle out a good meal for himself but Mark is just an apex

@lifeofpablolover911

Жыл бұрын

poopoo poopoo peepee poopoo

@ridhwankazi9503

Жыл бұрын

def mark lmao theres a reason hes way richer and he can see the bs

@ridhwankazi9503

Жыл бұрын

also this is kevins experties not marks

The most important thing that should be on everyone's mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies.

@susannnico

Жыл бұрын

That's so true. but if i may ask, do you trade all by yourself?

@lailaalfaddil7389

Жыл бұрын

I have been investing in stocks for over 10 years now and I have made a lot of money. My portfolio has grown exponentially and I can't thank stocks & ROCHELLE DUNGCA-SCHREIBER enough for such an amazing way to make money!

@susannnico

Жыл бұрын

How can this person, ROCHELLE DUNGCA-SCHREIBER be reached please...

@susannnico

Жыл бұрын

Wow! I just looked up this person out of curiosity and I'm super impressed with her qualifications. Thanks for sharing.

@nerminpeskovic3439

Жыл бұрын

Pyramid Scheme here folks, please be cautious with your money and avoid these scammers

Dude that vending machine dude was a hard negotiator I would've taken them when the dropped from 6% to 3.5 %

@bigt100

Жыл бұрын

Same!! Boy tough as nails!!!

@BuggyDClown-pc7sc

Жыл бұрын

He actually got them down to 3

@danial700

Жыл бұрын

@@BuggyDClown-pc7sc 0.5% is a lot

@abbyhattaway8238

Ай бұрын

That part

Can we talk about the fact that Mark crushed half that bottle of milk in like 2 minutes.

@SilversEC

Жыл бұрын

Its 2 minutes for us but probably like 30-40 for them

@EricSmyth4Christ

Жыл бұрын

Lots of editing haha

@orlandowells6319

Жыл бұрын

Ikr😂

@ALM1GHTY.PEANUT

5 ай бұрын

I read this comment just as he took another gulp thinking he was crushing it hard

21:35 when Kevin gives Mark the "what do you want?!" and Mark death stares him into submission LMFAO love it

i think numilk is the greatest idea ever pitched on this show. great job to mark and Kevin for actually understanding the product potential.

Honestly I like that Kevin lets them take their time to actually consult with whoever they need to and allows to to still here other offers from the sharks i hater when the do the “either take my deal now or its gone” thing when they havent even gotten a chance to here other offers its just pressuring them into a potentially bad deal

@RJMacReady1

Жыл бұрын

Its always been strange to me that hes known as the sleazy selfish guy of the pack - other than the fact that he leans heavily into the persona for fun. Hes always super open for negotiating, and hes often helped people out with deals when nobody else wanted to.

@Vendrix86

Жыл бұрын

haven't you seen the many times he's changed the deal when they leave the room? lol

@midmadden70

Жыл бұрын

they all do it sometimes

@1rage17

Жыл бұрын

Kevin TOTALLY does that. I think he does it the 2nd most actually lol

@semiallusion9322

10 ай бұрын

That’s the point of pressuring them the deal is bad to them not the sharks that’s why they’re sharks

Wait, nobody discussed the HUGE limitations on what that machine can vend????

@luciafrau125

Жыл бұрын

Exactly!!!!!

@tejask4889

Жыл бұрын

Exactly, they compared their machine with a regular vending machine which makes no sense. Their machine can't vend item larger than a pen, idk how he compared getting a pack of chips when his machine can't even store them.

@MarkyNomad

Жыл бұрын

@@garrett5214 I bet covid gave them a boost with the high demand for face masks. Also vending small items people always are in demand of like pens, lighters and gum probably keep them afloat. Still doesn't seem that much better than a normal vending machine tbh.

@stubbendeck234

Жыл бұрын

i thought the same thing but thhen i remembered seeing a video about a recreational marijuana vending machine they put outside of their stores and the machine looked very similar to those

@jayzeus1843

Жыл бұрын

I thought he was sellimg the software to vending machine companies so they can incorporate that into their machines

18:52 "And I see you, maybe, struggling a little bit but I think you want to do it" -That's a damned good line.

i love how in the firzt deal right as Robert gets out, he starts facilitating and mediating the conversation, you can tell that man truly is fascinated and entertained by business

Big fan of Mr. Wonderful's deal making ability

@TheNinjapancake14

Жыл бұрын

Debt making ability?

@quentin2578

Жыл бұрын

@@TheNinjapancake14 Unfortunately enough, yes

@erikdvm8029

Жыл бұрын

29:00 peepee poopoo

@sausthabbirsinghtuladhar1729

Жыл бұрын

@@TheNinjapancake14 😂

@YaaAmponsahAsare

Ай бұрын

Me too he’s literally got a business mind. Like he’s so smart with his offers He knows business is an artificial person

I feel like the first company would do great in large vape/thc stores. Small products, no hassle of browsing the whole store, quick & easy.

@NewtBannner

Жыл бұрын

CBD, edibles … it’s limitless

@pavelbau6356

Жыл бұрын

The possibility are endless that's a good idea

@mavoc3094

Жыл бұрын

Except due to national legality issues, they have to be cash purchases, also there needs to be a cashier to verify proof of age.

@pavelbau6356

Жыл бұрын

@@mavoc3094 scan ID cards to make sure people are

@mavoc3094

Жыл бұрын

@@pavelbau6356 Fairly certain that is against the law for all states that have legalized it. Too easy to "borrow" a parents ID to make illegal purchases that way. Same reason you never see cigarettes or alcohol in vending machines.

_Yeh, but wit the Zips thing, you're asking for Contamination Nation!_ _That part of the lid going on the bottom of the wine glass 🍷 then back on top, contaminates the wine & lip of the glass._ _So, once you put the lid back on and/or turn the glass upside-down, anything that the bottom of the wine glass touched that was dirty (ie: any dirty tabletop, counter, etc.) is now in your wine and/or on the lip of the glass._

That first guy is an excellent negotiator

@AlexxeMJFAN

11 ай бұрын

He really seems to have a real potential for the future, it's so nice to see that

the countertop milk maker (pretty much a keurig for milk) is a great idea!!! as a mom who gives my 2 year old daughter plant based milk bc she has dairy issues i usually make my own oat milk so that it’s better for her. i would 100% buy that to make the fresh milk bc i hate the process of making the milk.

@KatsuKasuu

Жыл бұрын

I'm 24 and eat whatever I find but being able to make different kinds of milk for whatever I'm eating and types of cereal just sounds like it would add so much diversity to my food palette, the price is a bit steep but I 100% agree this is something I'd probably buy.

@jaybrousseau3388

Жыл бұрын

I saw in another comment that they’re supposed to be releasing it sometime in 2023

@dakotascott846

Жыл бұрын

One thing I do worry about with the product is cleanliness. Many self serve machines have a bad problem with mold growing in the lines, and a lot of cocktail machines failed for that reason. Leaks are another big problem. With how even plant based milk spoils I'd be afraid to have it in my lines and dirty the machine. If there's no system to keep it clean I would stay away from it

@jessearella

Жыл бұрын

It’s $249 and the milk pouch things cost $3. It’s cheaper to just buy milk

@aadipatel3086

Жыл бұрын

@@jessearella the entire purpose was that milk at the stores have a bunch of additives that make it more unhealthy than the milk that is made in the machine

That Vengo deal was fun to watch. The entrepreneur really held his own in there, guy knows his business in and out

It was nice to see the first entrepreneur to bring his emotional support human with him.

Looked up NuMilk and the at home countertop version is only $249…. I’ve never bought a product after seeing it on shark tank, but I am seriously considering buying one of these for my new home

@AbigailMontgomery

Жыл бұрын

I know a person can make nut milks using a Vitamix blender. I'm not sure if regular blenders would also work, but probably. I wonder if the numilk is much better/different than a blender. I hope their product takes off though; I'm a plant-milk drinker!

@AbigailMontgomery

Жыл бұрын

Nvm, a commentor below said the process of making but milks w a blender - is tedious

@sarutobi43

Жыл бұрын

@@AbigailMontgomery it is. Super tedious. But depending on how frequently you drink it, you're probably not even spending 250 a year on almond milk, and even if you bought the machine, there's no guarantee it'll work long past its warranty.

@AbigailMontgomery

Жыл бұрын

@@sarutobi43 I drink almond milk / alterna milks daily or close to it, in my coffee, and sometimes in smoothies. At $3-6 a pop, I probably do easily spend $250 on it. But then, raw almonds are expensive, too.

@sarutobi43

Жыл бұрын

@@AbigailMontgomery I researched, they're packages you have to put in the machine in order to make the milk. They range from 3 - 4.58 a package. It's the price of one whole carton per package almost. Not worth it unless it's better quality

I love how Mark let's everyone else exhaust almost all there is to know and do the maths then jumps in and steals the deal

@astr0sauce

8 ай бұрын

same with Kevin, they’re the smartest imo they’re thinking on levels the others just aren’t

There are just too many talented people out there Congratulations to you guys!

I just started laughing at 7:43 when he says "so Mr wonderful" 🤣🤣 taking control

Zipz could have sold to restaurants. The restaurant I use to work out (In Canadas wine capital) sold a glass of house wine (cheap box wine) for 5.95 and 6.95 for domestic local wine. He should just be licensing his glass to airlines, restaurants, arenas. You pay for the convenience

@johnl.7754

Жыл бұрын

The cheap box wine should still have better margins if poured into a cup themselves if you have the sales volume to finish the bottle/box each day.

@sangun123

Жыл бұрын

It’s going to be incredibly hard to upchatge in a restaurant when it’s in a cheap plastic cup, even with cheaper wines in resteraunts, atleast it’s in fancy wine glasses so you don’t feel too bad about the price

@peggyreely8339

Жыл бұрын

I am bothered at the hefty plastic their glasses are made of. Growing up on islands surrounded by beaches and oceans it offends me bc it takes a toll. I think your idea for airlines etc is great. I just would never spend that much on one glass of wine .

Barbara - “This vending machine only does card instead and for that reason I’m out.” Barbara - “This milk has almonds in it and for that reason I’m out.”

@aimangotze

Жыл бұрын

Barbara actually said the milk guys talked too much therefore shes out🤣🤣🤣

@nycish7148

Жыл бұрын

@@aimangotze right I was looking for this comment. This was just a cop out. I understand being confused but "not understanding a single word" made no sense to me

@perparimbytyci6953

Жыл бұрын

So, the Americans have a Jenny too, huh?

Vengo guy was such a damn good negotiator

I've never heard of NuMilk but when I choose an alternative milk I prefer Ripple pea protein milk. Chocolate flavor works great for a protein packed hot chocolate.

For those of you who're wondering Zips failed, Vengo & Numilk is growing well.

@alexanderkozhevnikov8615

Жыл бұрын

the zips competitor they mentioned that was there before is doing well too

@bsmccrunner4

Жыл бұрын

Vengo isn’t doing that well for where they projected themselves. Very low profit margin. Good thing Lori and Kevin didn’t close the deal

@modestsky7268

Жыл бұрын

@@bsmccrunner4 wait, they backed out on the deal?

@jason2mate

Жыл бұрын

@@modestsky7268 A lot of these deals tend to not close because the people coming on don't realize what they are getting into.

@edgarvera4454

Жыл бұрын

Thank you, came for this

"Take this deal, don't be a fool" Kelvin. Great negotiation & intimidation at the same time. Haha

I'm pretty new to this show, and based on all that I've seen with Mark, seeing him happy and calm with the milk guys was pretty strange.

This is amazing to watch this!!! Great job Kevin!!!!

Only 1 of the guys spoke on the first pitch the whole time. The only thing the other guy said was ‘I quit my job in aerodynamics’

@Jackgarda

Жыл бұрын

What we see is edited of a much longer discussion/negotiation

@youtubersoutofcontext7131

Жыл бұрын

@@Jackgarda true but like u would think they would put a bit more of the other guy in

@nwing07__

Жыл бұрын

one dude is in charge of the company's business the other dude in aerodynamics is probably the designer of the product it's not exactly rocket science lol

@youtubersoutofcontext7131

Жыл бұрын

But he could atleast answer 1 question 😂 lol

@luissferman

Жыл бұрын

@@youtubersoutofcontext7131 their questions were solely on the business side not the science so he had no reason to speak

That Zips guys is so slick. He demoed that perfectly and got to proof of concept in under a minute.

@nescomadethis6058

Жыл бұрын

Unfortunately He never made it too costco and Stepped out of the wine Industry

@Flash-pp3cr

Жыл бұрын

@@nescomadethis6058 😔 ✊🏾

Kevin thinks he is a professor in a classroom. Always coming up with the most creative ways of making deals. Half the time I have to rewatch to understand his deals.

@YaaAmponsahAsare

Ай бұрын

He’s smart he knows and understands business. He knows it’s a business and business is an artificial person I like him

10:30 Much respect. Brian played the numbers exceptionally well while countering Kevin repeatedly while holding himself professionally!

I disagree with Kevin on the people not wanting to pay that for a glass of wine. Some people aren’t alcoholics but also don’t want too much booze in the house and only buy single beers and or wine etc just to have once in a while without being tempted to drink excessive amounts which is what entire cases or bottles promotes. If that makes sense, it might sound dumb but people do this with snack food because smaller portions don’t end up being binges like eating an entire bag of chips vs. Eating an entire tiny bag of chips even though they are more expensive per weight. That’s how I see it anyway.

@zion4577

Жыл бұрын

Ehhhh, I think Kevin was right. Why do ppl buy wine to sip it and enjoy it. What’s the age range? Demographic? I’d say women, over 30yrs. Are they buying 1 GLASSS? NO. They are buying by the bottles, or bag or box just ask your aunties they don’t just take a glass and call it a day even at that price. They need a whole bottle and if it sells for under $10 why buy a glass for $3. Getting that glass to under $2 is the diff here bc it can be boxed up or sold on airplanes or select places.

@joewas2225

Жыл бұрын

Kevin spoke nothing but facts.

@rikumajumder1558

Жыл бұрын

You are speaking of a problem with alcoholics. Though the thing is that most people cannot afford alcohol everyday and that kind of stops them from drinking excessively in general. But whether someone is an alcoholic or not, it's just too dumb to buy a glass of wine. If you really have a problem with alcohol then you shouldn't be drinking in general. People who suffer from it and stay away from it, don't drink even a sip of alcohol cause that could make them addicted again. So a glass of wine for any person makes no sense.

@tet_talks8568

Жыл бұрын

@@rikumajumder1558 but it could make sense at events, like open-air concerts, festivals, fairs, etc

@rikumajumder1558

Жыл бұрын

@@tet_talks8568 In my country, public drinking is prohibited. I think it's the same everywhere. But even if it isn't, buying a whole bottle would be cheaper overall whether it be in fairs or a private party.

That might’ve been one of the best deals I’ve ever seen Kevin offer in the history of shark tank great deal for both sides

@twitchster77

Жыл бұрын

Unfortunately the Zips company did not work out :(

Kelvin is a great investor. He makes the product owner looks dejected, makes other investors back out then strikes with this crazy and same pattern ready-made offer. 😃😃

"Who is ready to Vengo?" i laughed from that catch phrase. Loved it.

Damn this guy was the best negotiator I’ve ever seen on the show

@bohunter9765

Жыл бұрын

you talkin bout Kevin? lol

@mutatednut

Жыл бұрын

@@bohunter9765 no the first guy

The Vengo deal never closed but they’re now worth about $50 million

@ishaanhall78

Жыл бұрын

i've seen them at NYU. why didn't the deal close?

@harpergrace5846

Жыл бұрын

Thank you I was wondering what happened

@aniibhat

Жыл бұрын

@@ishaanhall78 maybe they realised $2M debt with 7% interest is not the best idea despite the low equity

@bsmccrunner4

Жыл бұрын

Still $50 mill was low considering what they were projecting.

@anndrawz2952

Жыл бұрын

@@harpergrace5846 y

Being an entrepreneur myself that invested in several companies that were on shark tank. Beatbox beverages being one i love seeing other entrepreneurs doing great things. When i had a job i would take off tuesday and Wednesdays from night job for shark tank and the profit. I learn so much!

The numilk guys were smart They explained it in a way they understood and spoke marketing and cost

28:58 he’s speaking the language of the gods

@ilandi.engelbrecht

4 күн бұрын

😂😂

"I love my beak" 🤣🤣🤣

31:18 - I like how Mark & Robert were like the Cope de Vino guy has already done it. They don't like that guy, but they acknowledge that he knew what he was doing and was successful at it.

lol “milk confuses me! I’m out!” She’s unbelievable

If i was a numilk owner i would just focus on the home and coffee shop version then once i got a bigger capital i would do the vending machine .

@shashankgadamsetty508

Жыл бұрын

they started the pre registration!

32:24 The way Kevin funnels everyone down one line of logic is incredible. His logic.

Man, I love that Numilk product! It's seriously an innovation that is revolutionary! I never thought I would say that from a product from this show.

The NUMILK one was amazing.

The home machine of the numilk, if it ever happened or does happen, is where the money is. I saw it and instantly thought "yep", and I am sure many others did too.

Holy moly, I want that NuMilk machine.

@katlyn9575

Жыл бұрын

Looks delicious

@cadriver2570

3 ай бұрын

Well I bailed on NuMilk when they went the proprietary route. Almond Cow is amazing and highly recommended.

The machine from the first pitch is HIDEOUS! Looks like something from an early 2000's video game...... also, zips flopped so wonder how Kevin feels

so glad I watched this amazing, televised show!

"we accept the congratulations but the work starts now". good passion.

I can’t be the only one whose ran out of pitch videos to watch and now eagerly awaits a new one lol

@bu05ttr

Жыл бұрын

That's me

@thetakerofknees9737

Жыл бұрын

Relatable

@nancyfahey7518

Жыл бұрын

The benefit of alzheimer's.

How did Barbara “not get” Numilk?! Can someone please explain?! 😂

@onebigwolfyboi

Жыл бұрын

I think it was more about how it was "made instantly". She didn't know how the ingredients magically turned into milk flowing out of the spout, so a lot of the logistics seemed scary to her. It wasn't simply "there's milk in here" so she would have to get educated on how plant-based milk is "made".

@keniguillen1520

Жыл бұрын

Lmfaooo she’s ridiculous 😂😂 she definitely still drinks whole milk

@nolanarmstrong2458

Жыл бұрын

@@keniguillen1520 lmao bro she sounded demented

@AnnaMaeBullock

Жыл бұрын

She didn't drink milk in second grade.

@CloudHeady

4 ай бұрын

😂 idk but that part was hilarious!

Love how the second guy stepped in and made the gutsy decision, great friend

Just started watching this show because of my business school. We are working on a project to launch any shark tank product in our country through applying consumer behavior.

loved the aerospace engineer's chuckle when Mark says oasis

@frogsky1216

Жыл бұрын

why

Tbh as a business owner I like the old vending machines. They have got a redesign over the years and have a lot of space. Also another thing. They don't run on wifi, so no internet problems for retail..

@hamida185

Жыл бұрын

But the need space and the frequent maintenance.

@adilsucks

Жыл бұрын

also this whole digitizing everything is unneccesary

@astr0sauce

8 ай бұрын

i get the wifi thing, but i think there’s a place for both, or maybe some kind of compromise. for instance, the new coke machines in restaurants that let you pick from a bunch of different drinks easily are much more preferable to a normal fountain.

the countertop version is a winner - especially during Corona.The machine is best used for a store that sells only the milk, perfect branding. Idk. why they wanna build 100s of them and put them into expensive stores. It will take years and a ton of investment. Or make it a delivery thing. I think these type of businesses should focus on the max amount of profit to start out with and focus on where the most upside is.

You're simply the best! 🥇

That last guy was swindled. Kevin needed his product to get into Costco (he believed in that strongly given his deal of not giving debt and buying more shares if the company becomes successful) and they needed Kevin to get into Costco. I bet if he negotiated heavily he could have walked away with a much better deal.

O'Leary couldn't get Zips into Costco apparently, and now they're out of the wine business. They still make and license the packaging however.

@ChristineJonah88

Жыл бұрын

Really?

@scottycranwell283

Жыл бұрын

Where are you getting this info from?

@ifwecouldvote

Жыл бұрын

@@scottycranwell283 It's being relayed to me from an old mining colony deep within the crab nebula.

@weewuwu7583

Жыл бұрын

@@ifwecouldvote Cool

@CrnogorskiNacionalista

Жыл бұрын

@@ifwecouldvote so a trusted source then

“ we accept the congratulations but the work starts now” UGH I CAN TELL THEYRE GONNA MAKE THAT COMPANY SUPER SUCCESSFUL ❤

Was very happy for Kevin when he finally got his wine deal.

Great edits of the pitches & negotiations, tons of detail and length. I'd watch the full 40m cuts of them. Pitches & negotiations like these are the show at its best

@andrewquintana3263

Жыл бұрын

more like full 2 hour cuts.

Kevin loves giving out debt with large interest rates🤣

@Nippleless_Cage

Жыл бұрын

It's free real estate!

Love how they perked up when he said, “private jets”

Kevin is a real shark. Loan Shark. A very clever one.

Lori and Kevin are probably the most reliable when it comes to their deals.

Kevin O'Leary's investment in Zipz Wine was the biggest-ever "Shark Tank" investment at the time of the recording, per Just Wine. O'Leary, a self-proclaimed wine connoisseur and vineyard owner, was so excited about the deal that he tweeted about it. He guaranteed success for Zipz Wine if he could get it into Costco, where he thought it would be a perfect fit. Unfortunately, the product never made it onto Costco's shelves.

@ContentWizard

Жыл бұрын

D'oh!

I weirdly clapped when I saw Nu Milk. Making nut milk at home this is a game changer. Tastes great but a lot of tedious effort. I coincidently was just opening a package of plant milk when this came on. Having this at supermarkets would be so handy and it is very on trend not just because of people moving to plant based milk but it’s also a way to reduce so much carbon waste from packaging , delivery, manufacturing etc. Fabulous concept. ❤

That NuMilk pitch was amazing

About alternative milk: even though it’s obvious, you have to point out it is without conservators. People are ready to overpay to get something “without chemicals” without acknowledging it’s won’t be a store product without conversations

That vending machine got some serious limitations. Can’t even vend a can of pop or bottle of water.. I feel like people would see a regular vending machine, see all the options and make a decision immediately. Instead of standing there and scrolling through options

@My2Stents

Жыл бұрын

The real play is in customer data … they’ll know who bought what, their name, address, etc. and they’ll sell that data to social media marketers to target them … the vending machine is a ploy to get the data … why else does anyone think they got two sharks for 3 percent on vending tiny things? It’s the data because it’s all digital, no coins, no cash …

@nadiyavalli2275

Жыл бұрын

I agree.

@Davidsworldtravels

Жыл бұрын

You put that thing by a concert or festival and fill it with vapes and gum and I bet you’ll print money

@sangun123

Жыл бұрын

People keep thinking about food for it, as said above, vapes would 100% always sell out, I’ve heard dispensaries going this route, tons of things that aren’t massive

@nadiyavalli2275

Жыл бұрын

@@sangun123 there would be issues with it though. Vapes usually require ID’s to purchase so this would only work in clubs

the second guy was a beast with all those great counter offers. he owned that.

These dudes were super professional I appreciated it