All sharks owe Kevin a lifetime line of royalties for always paving the structured road to they're success/deals

@Robert-iu2ou

2 жыл бұрын

Seriously, he jokes about it, but ive seen it work more times than i could count on one hand

@Silentmonkey213

Жыл бұрын

Facts

@lionslicer9999

Жыл бұрын

I remember when the show first started and they would all scoff and moan when he'd offer a royalty deal. Now they all do it.

@tkyeo7642

Жыл бұрын

Yep he's being leapfrogged constantly these days

@nasara690

Жыл бұрын

And the entrepreneurs all owe him for squeezing the other sharks so they get great deals lol

I like how Kevin gets the ball rolling by setting the "structure" of a deal, then everyone else jumps in and just modifies the numbers. 😀

@sweetpeaches6916

2 жыл бұрын

Fitting for the name of the show , I love it 😂😂😂

@Twat.Waffle

2 жыл бұрын

You are 100% correct. He’s not the richest, but Kevin is definitely the smartest

@Se7enLuckyslevin

2 жыл бұрын

Cuz he’s too greedy sometimes

@JM-dy4ty

2 жыл бұрын

@@Twat.Waffle Lori has the Golden touch

@casemods

2 жыл бұрын

@@Se7enLuckyslevin too*

So no one's gonna talk about how Daymond did all the testing and just sits there later without saying I'm out 😂

@damonkooy5810

Жыл бұрын

I think it was because Lori and Robert were so passionate about it that they made an offer beyond him.

@Aqonezero

Жыл бұрын

😂

@Camibug

Жыл бұрын

Or how he just stuck his hand on the dry ice! The guy should’ve given a much more clear warning, I think that dry ice could’ve really hurt him.

@manjunathmajety

Жыл бұрын

lmao 😂😂

@nanaman

Жыл бұрын

I’m so glad I wasn’t the only one who caught that

Love the fact that no matter how "not nice" Kevin comes off, he ALWAYS acts like a true sport when losing a deal

@homepc1519

2 жыл бұрын

that's what happens when you lose a deal like "ring"

@Slashresto

Жыл бұрын

So thats why he ended the clip by saying "Thats the stupidest deal ive ever seen u do"

@words007

Жыл бұрын

Unlike rest of em, Kevin is perfect example of growing up very very Average not poor not rich to know exactly what and how world works, he is the only realist on the table he is not optimistic or pessimist. Thats why someone like Kevin can never invent something, but he can very well be the best damn manager of anything.

@daliovic24

Жыл бұрын

Yeah, you're dead to me

@agerisk

Жыл бұрын

did you not hear the part where he says "that's the stupidest deal I have seen you do on shark tank" 🤨

Honestly, Kevin is my favourite shark. He improves the deals for entrepreneurs and doesn't cry like Barbara or Mark when he loses a deal

@gspanie87

2 жыл бұрын

And he always let's the entrepreneur hear other offers.

@hacked9032

2 жыл бұрын

@@gspanie87 precisely

@calebd2105

2 жыл бұрын

Best watches too

@CHLOCHLOLP

2 жыл бұрын

yea i feel like people take the others offers more because they are more personable and charming.

@hacked9032

2 жыл бұрын

@@CHLOCHLOLP I doubt that the reason. The other sharks have a very specific skillset, which I think that kevin lacks upto a certain extent.

I love how he waited till the END to say he gave up his spot at the Le Mans. Dude is genuine.

@dirt_xo

Жыл бұрын

Yup, also crazy mental. Hope he gets another shot at it. Le Mans is one of my favorite races.

@manoharjishnu2009

Жыл бұрын

Ya my jaws just drppped hearing that. Like Robert said, don't know if I would do that for a shot at Shark Tank.

@KeithSpeaks1

Жыл бұрын

Same. Huge racing fan. Conway wasn’t the best in the Cup series but moved on, giving up that spot at Le Mans is wild ha

Two sharks at 8% equity is phenomenal. Great Deal.

@Barakzainawid

2 жыл бұрын

Yeah it’s a great deal

@jax4217

2 жыл бұрын

Because the sharks aren’t really taking a big risk . It’s like free equity. They both invest 250k and get $1 royalties till both reach 500k. Then they stay at 4%

@thebbiddim882

2 жыл бұрын

It’s a great deal for the Sharks.

@napoleon3026

2 жыл бұрын

Tbey both investment 500k not 250K

@meisterz0611

2 жыл бұрын

@@napoleon3026 they both invested 250k.

Kevin's the brains of this show I swear... the way he structures his deals... Top top business magnate... He opens the eyes of both entrepreneurs and sharks... And if he sees a useless product he ducks out quickfast...

@DiegoMoraless

Жыл бұрын

He actually seems genuinely concerned for the people pursuing bad businesses or markets and i can see his point of view most of the time

@Scott-got-caught

Жыл бұрын

@@DiegoMoraless he's mr wonderful 👍🏼

@dontbedummy8101

28 күн бұрын

He is the soul of the show. That's why he always sits in the middle!

This is a great product and idea. As a backcountry skier, I can’t tell you how many times I’d go out with a fully charged battery and it die within an hour just due to the cold. This product could save a life in the backcountry, no doubt.

@patrickpatterson3735

2 жыл бұрын

Very very true

@dailyrevs1320

2 жыл бұрын

It’s funny cause, at first I thought the idea was stupid but then I realized I have 3 of these sitting in my garage 😂😂😂 (not the same brand) I actually need em all the time when I go jetskiing. And it gets up to 120 degrees out here in vegas so B that fact that this floats AND it’s keeps my phone cool, it’s perfect

@thievingx

2 жыл бұрын

really hope they do well

@Zirion123

2 жыл бұрын

such a niche market tho, unpractical for any normal users.

@kakaXxItachixX

2 жыл бұрын

Wow! I had no idea this was a thing, thanks for sharing

Robert was practically fangirling over these guys lol

@joshuad1716

2 жыл бұрын

@@chiniechinchen nah, when he said he was a factory driver for lamborghini robert creamed himself lmao

@whiskybooze

2 жыл бұрын

@@chiniechinchen I thought it was the racing for lambo haha

@timothyl2673

2 жыл бұрын

@@joshuad1716 lmaox1000

@theanonymousfanatic

2 жыл бұрын

roberts face when he heard the guy gave up his seat at le mans😂

@switchunboxing

2 жыл бұрын

He’s a dude. So fanboy.

Roberts eyes lit up when he said he raced for Lamborghini! Lol That’s his passion, Racing.

@bluack123

2 жыл бұрын

I didn't know that, that is super cool he must be so excited to do a deal with somebody who has a passion that he shares

@tommyj6834

2 жыл бұрын

@@bluack123 kzread.info/dash/bejne/gGdpy5p8c9aqhqw.html

7:43 Lol Robert almost said “what’s $500 thousand?” 😂

@youtubeisrunbyamonkey

2 жыл бұрын

He caught himself real quick.

@jr-uu8eg

2 жыл бұрын

😂😂😂 exactly, that's really how big-timers talk among themselves.

@zak6721

2 жыл бұрын

Time stamp?

@dha588

2 жыл бұрын

I'm complaining about $5.

@monsterjamhighlights4752

2 жыл бұрын

@@zak6721 7:43

Great pitch. No dramatic language, no over the top smiling, no childish lines like 'so sharks, who's ready to protect their phones with us?!'. Very professional body language and presentation. And really great product Edit: Thanks for the likes guys :)

@4seeableTV

2 жыл бұрын

And no sob story. "We thought of this idea right after our parents were killed in a cattle stampede"

@briangerard2145

2 жыл бұрын

@@4seeableTV lol

@joshread3740

2 жыл бұрын

Yup. They're confident in their product and know it's going to be a hit. This is probably the first thing on Shark Tank where I think I'm going to buy one of these products.

@sph8483

2 жыл бұрын

There were a few pitches which I liked - this one, nightcap, toilet timer

@inarimusa

2 жыл бұрын

@@4seeableTV 🤣

So no one's gonna talk about the glimmer in Robert's eyes when the entrepreneur mentioned NASCAR cup and his racing career!! 😂😂

@VSNVanny

7 ай бұрын

Extenze fiasco

No one dares to ask Mark to help with the demonstration.. 😂😂 millionaires is the new middle class..

@stealthattack2209

2 жыл бұрын

Lol

@chimetsering5

2 жыл бұрын

slowly it might become in united state.

@UnionSinger2005

2 жыл бұрын

Actually, there’s an episode where Mark was asked to come up for demonstration. It was two guys who started Numilk company that makes fresh milk from ingredients like almonds, oats, etc. and was most impressed with taste/flavor. Kevin and Mark were only sharks who could comprehend company model and made offers. In the end, Mark offered two million dollars for 7% equity.

@ArchangelExile

2 жыл бұрын

@@UnionSinger2005 You got that recommended to you recently too, huh? And they asked him to do the demo because he's apparently vegan.

@UnionSinger2005

2 жыл бұрын

@@ArchangelExile that's right. Based on episodes I've seen, Mark seems to be dairy and gluten free and is on a mission to get those businesses off the ground.

At 7:40 Robert pumped his breaks real quick. He realized how bad the optics would have been with what he was about to say lol "what's 500k" lmao

@vegapreferred9344

8 ай бұрын

Tells you alot about how much money these sharks have

@YoutubeWatts

Ай бұрын

Well spotted $500k to him is like $500 😅

What's amazing is that Barbara drove 940 miles next day to their work place to let them know "she is out" because they were trying to beat heat and cold at the same time and that was very confusing to her.

@arnavjoshi8131

Жыл бұрын

LMAO

@BG1435q

2 ай бұрын

HAHHAAHAHA

@Grejegando

29 күн бұрын

Haha best Barbara comment

Damon staying in the coat and safety glasses is so cute.

@barbarasara4033

2 жыл бұрын

Yesssssss

@jasminecontreras7341

2 жыл бұрын

Yes!

@theviking102567

2 ай бұрын

It was probably a struggle getting out of that lab coat, Damon knew it, and wanted to be cool on camera. Respect and well played.

This guy gave up his seat at LeMans to be at Shark Tank. He deserves that deal.

@deemtz9641

2 жыл бұрын

mmmh *looks up Lemans *

@darkwaterstag7068

2 жыл бұрын

@@deemtz9641 have a watch of Ford vs Ferrari. It'll explain Lemans and is an amazing film

@BrotherCheng

2 жыл бұрын

I like how he mentioned this at the end after they got a deal instead of in the beginning as kind of a sob story type deal just to appeal to Robert.

@sph8483

2 жыл бұрын

@@BrotherCheng agree

@Kastrom_

2 жыл бұрын

Last year of LeMans as well

This is the best offer that I've ever seen Kevin make, & he was not chosen. I am shocked.

Kevin is the smartest investor, hands down. Very disciplined. Sticks to his investing criteria and doesn't chase a deal

@saraeissa4954

Жыл бұрын

I would’ve definitely countered Kevin to at least until 750k. Venture debt for 2% makes sense, venture debt for 8% and 2 sHaRkS for the same amount money is dumb

Wow...I feel bad for Kevin... He is the first one to make an innovative offer and others steal his deal.

@dgfresh95

2 жыл бұрын

Why would you feel bad that the people got a better deal? I’ll never feel bad for a millionaire

@tj03297

2 жыл бұрын

Yeah poor Kevin.. now he’ll only be making a few hundred million this year because he didn’t get the deal

@hermonymusofsparta

2 жыл бұрын

@@dgfresh95 money doesn't equate to happiness

@dgfresh95

2 жыл бұрын

@@hermonymusofsparta never feel bad for a millionaire I stand on that

@DaveRothJr

2 жыл бұрын

They should have countered at 6% equity split and up the royalty amount half a mill. Honestly I'd want that 2% stake for myself. Then again its certainly a risk. Both sharks can bring a ton of experience so it might be worth the extra 2% hit long term.

These guys presented well, and have a great product. They have excellent numbers, I can see a big company out of this.

@bluack123

2 жыл бұрын

Yeah the potential is great I'm surprised Mark Cuban didn't jump in

@jonnym4670

2 жыл бұрын

if anyone has ever had to leave there phone in the car on a hot wish they had that product but at $30 ehhh

@Cris_the_coder

2 жыл бұрын

​@@jonnym4670 I'm getting the pixel 6 pro which cost 900 if 30$ protects it, it's well worth it. plus If you live in AZ and work in construction your phone getting overheated is a big problem. It shuts down and doesn't allow you to use it. Not to mention it's protects your phone against damage from your tools leaving marks on it and wood dust. These guys should make it a goal to hit up the construction community. Big upside there.

@chezbizo

2 жыл бұрын

they presented like an infomercial lmao

@jonnym4670

2 жыл бұрын

@@Cris_the_coder that so nice of you keeping your $900 phone safe for the people that are going to break your car window and steal it

There is an ongoing rumor that Barbara called the studio to inform them that she is out.

Barbara: My husband doesn't use protection, and for that reason, Im out

@vibhorkala5144

2 жыл бұрын

😂😂😂😂

@maureenayako3972

2 жыл бұрын

😂😂😂 I was not ready for this comment

@blessedowo1958

2 жыл бұрын

Barbara always goes commando. All out, always out baby ;)

@jackienims8874

2 жыл бұрын

I’m dead 🤣

@ckwind1971

2 жыл бұрын

🤣🤣🤣

Kevin after losing every deal: "Thats the stupidest deal you could've ever done." 🤣🤣🤣🤣🤣

Nascar race car driver... that reset Robert's brain 😂

@tanyaoxendine-hidalgo4120

2 жыл бұрын

Also at the end when he told Robert he was missing Le Mans to do this... Robert could've kissed him with his admiration.

These guys checked all the boxes, from self-funded, to great margins, to great success. Too good to be true. Myself, I think the margins are too high to be sustained and would, regardless, reduce the price to a sustainable $19.95. At that price they might reach the level where it's virtually an integral and expected part of an iPhone, etc. (Don't tell them, but I have kept my phone in bubble wrap and have never even had a scratch in 6 years. But their case is much more mobile.)

@cb613

2 жыл бұрын

Yea but Barbara would still be out.

@amantesfu7984

2 жыл бұрын

Poor barbra

@jordanhaller8973

2 жыл бұрын

That’s what is frustrating about these pitches. They were rich to begin with, so self funding isn’t hard. When you don’t come from wealth, it could take decades to achieve what they have.

@Cobra_Khan

2 жыл бұрын

What are the margins on your bubble wrap

@senorgato70

2 жыл бұрын

i do see your point even with higher volumes, with reduced margins profitability remains stagnant. But, I don’t see them needing to drop margin and price that low especially if no one else tries to encroach in this specific space.

I like that the guys took Robert and Lori's offer cause they saw they were passionate about their product. Unlike many others entrepreneurs. And I'm always happy when Robert gets the deal he is such a gentleman.

In my estimation, Kevin is actually the smartest of all of them. I know that his offers are often the steepest but I think that if I were going to be on shark tank to make a deal, Kevin’s voice would probably be the one that I take most seriously. They all sort of have their own little niches but when it comes to business in general, I think I’d trust Kevin’s opinion a bit more than the rest. A lot of people seem to instinctively cut him out of deals, disregard some of his input and recoil from his offers but I think that’s a huge mistake most of the time.

@marlon363

Жыл бұрын

It sounds like you want Kevin to breed you.

@user-yt2yl2ml6h

11 ай бұрын

I disagree Kevin just want to appear on the show and making deals without the risk of losing his money. That's is why he offers royalties most of the time. This way will give him the room to step out of the business once he gets his money back and realizes that the business is not growing further. He wants to play it safely

I love watching this show, its so depressing being around people in my city who dont see a way out of 9-5 n just plain give up, i love seeing people win the game, thank you shark tank

I would have gone with Lori and Robert too. These guys have marketed themselves and done everything themselves. She can help them take it to the next level because she has done something similar.

This man's face, and the way he speaks, shows that he is the man of this invention; I am talking about the racer man 👨 well done! 👏👏👏

@abhinavrakesh108

2 жыл бұрын

Dude.....never judge a man or a woman by their face!!

@189hosp6

2 жыл бұрын

And he is a good friend (racer guy) to his friend.

@malikbezhanakbari935

2 жыл бұрын

@@abhinavrakesh108 if you see any judgmental thing in my texts, then I can't help ya bro 🤷‍♂️

For the first time, I liked Kevin's deal more :D

@shaniadirstein3650

2 жыл бұрын

They had such great margins they could afford a royalty

@ananthnm3014

2 жыл бұрын

i honestly really hoped that they would pick kevins offer

@BungtwinginglyFunny

2 жыл бұрын

You really think Kevin at 2.5% equity is gunna help grow the business? His deal was for capitol and capitol alone, I would have given the extra 5.5% for 2 sharks that will be there to help personally.

@davidleonard7439

2 жыл бұрын

@@BungtwinginglyFunny they didn't need help with growing their business. They needed money to scale the business- two totally, different things. If all you need is capital for more labor, inventory, etc...then Kevin's deal is the one to take. As he mentioned, it wasn't economically wise for them to give up so much equity, for only 500K and especially when all they needed was capital....and he is 100% correct. You're overpaying for two sharks- one, whom knows nothing about the space. These guys were ALREADY MAKING MILLIONS WITHOUT A SHARK!!!!! If your business is consistently growing in to the millions from a BOOTSTRAP??? The only thing you should ever need an investor for, is capital. I would have taken Kevin's 2.5% deal, before he could have even finished offering it

@BungtwinginglyFunny

2 жыл бұрын

@@davidleonard7439 That is a good point, and under normal circumstances I would agree, but these are not normal investors, more like paid promoters, that can accelerate growth drastically. Still you have a good point so I can see why they would go with Kev.

"That's the stupidest deal I've ever seen you do on Shark Tank!" Mr. Wonderful is always savage and hilarious at the same time 😂

Kevin arguing the economics of the deal, while also trying to get paid $500k to take 2.5% 😂😂😂

@bsmccrunner4

2 жыл бұрын

If they succeed with the product the extra 5.5% that Robert and Lori are getting will be worth much more than 500,000. Was a very fair offer from Mr. Wonderful

@sampdickles5095

2 жыл бұрын

@@bsmccrunner4 but "Mr wonderful" is not only getting free equity in this deal, he's getting paid to take equity!

@AB-bx5to

2 жыл бұрын

@@sampdickles5095 bro are you serious?? Kevin's deal was much better. The 2 asked for over 3x the equity that Kevin asked for, the only upside is that they take half the royalty that Kevin asked for. They are valued at 12mil as of this year. They lost more in equity than they would've with Kevin's higher royalty deal.

I like that mark admitted he wasn't rugged outdoor type 👍

@Grejegando

29 күн бұрын

He's a stupid vegan. It doesn't get worse than that

That sync between Robert and Lori at 3:40 is insane. "How did you guys..."

I liked the idea until he said the $50 Case has an actual price of $5 😩

Those cases provide RDIF protection. I can just tell from the material. They should have added that to their pitch. Should add some slots for card's. And like a lanyard or wristlet. But I like it! 👍🏻I'M IN! ♥

@tiffanylastinger3925

2 жыл бұрын

Ooh would love it as a wristlet!!

@DavinaMealoha

2 жыл бұрын

@@tiffanylastinger3925 I would love that too! I hope they make it like that, cause I would want one. ❤😊

The money aspect is only the small picture. I secretly think they made a good choice. If you have someone only expecting 2.5% equity, you only offer a certain level of commitment. These guys need assistance and experience, they are growing phenomenally fast. They need real advice to keep up. Having 2 sharks is probably going to be their real benefit. giving up 8% to avoid these obstacles coming their way. Totally worth it. My 2 cents

@Alaschafad

2 жыл бұрын

The catch is, by including the Royalty Kevin would have an incentive to promote the product and push sales as he directly participates at every sale.

This was a great pitch I instantly recognized Kevin Conway as a race driver as a race fan.

@rezlevin6424

2 жыл бұрын

that 87 was somethin 🤣 its a shame he didnt get any further in motorsports

If that patent holds true that 8% equity will be worth a butt load, Kev offered a good last deal for 2% equity

@tiffanylastinger3925

2 жыл бұрын

I agree

Imagine the go-pros that will work all day and not shut down now.

How amazing must it feel to have all the sharks fighting over you like that? That's incredibly impressive. I don't think I've ever seen sharks so eager to partner.

This is one of the best shark tanks I have seen. These guys knew their product and their numbers. The sharks knew these guys had a great product.

I love how Damond just decided to keep the scientist look XD

Pretty much they mad phone cases out of fire blankets😂😂😂

The deal did go through & Phoozy's net worth at the end of 2021 was $1.3 million and growing. They sell on their website and on Amazon.

One of the best products I've seen on this show. Also, amazing pitch.

@BradsHacks

2 жыл бұрын

It's a phone pouch lol

@nishchalthakur2487

2 жыл бұрын

@@BradsHacks A Tesla is just another car. An iPhone is just another smartphone. Doesn't mean that they are not great or innovative products. This phone pouch has a multi-purpose use, which makes it great in my opinion.

Lori is actually so cute, her voice and the way she speaks is so calming. Such a nice person, as if she's unable to even think of an insult.

Mark never forgets to congratulate Entpreneurs! Great guy.

This was actually a really great deal from Kevin... He normally hunts for the equity and on this occasion he dropped it so significantly...

Robert really told Lori “What’s $500,000!?” Unbelievable.

@cousinjohncarstuff4568

Жыл бұрын

$500,000 for Robert is probably $5 or $50 for the rest of us....

@lionslicer9999

Жыл бұрын

@@cousinjohncarstuff4568 Relative to his wealth, that would be like someone who has $50k in the bank losing $2.

I love them a bit more every time i watch an episode ! Kudos to Kevin for always pathing the way

To Daymond...."Send em to outer space". 🚀 🌌 😂😆 -Robert

Kevin is great with figures. He comes up with unique deals in royalty, and others are beginning to copy his style of unique offers. I love the sharks and their mutual relationships though.

I agree with Kevin at the end, “That was the stupidest deal in shark tank.” 😂 They literally went from 4% with $1 royalty to $500k to 8% with $1 royalty to a million. Kevin cracks me up. He structures the best deals and then other sharks copy it and he never wins.

@user-yt2yl2ml6h

11 ай бұрын

they were seeking 500k for 10% and they got 1 mil for 8% They got more money for less percentage and two sharks Do you know how rare that happened in Shark Tank!?

@biglebowski5737

7 ай бұрын

@@user-yt2yl2ml6h "had happened"

It's probably one of the best deals I've ever seen on the show... Amazing job!

Great product. Impressive presentation. Great profit margins. Great marketing. Impressive sales. This product sounds like a slam dunk. 🏀🔥

@candycastle3194

2 жыл бұрын

Barbara: and for those reasons, I'm out.

Lori is always cool and collected and knows how to convince and prove she brings more equity to all the deals. Her brain runs circles around Barbara. If I had to choose between her and Barbara, I'd choose Lori hands down. Her winning line is "I'll make u a millionaire.

First time I see Robert make a deal!

@joewas2225

2 жыл бұрын

You haven't watched much then

@alvarohernandez09

2 жыл бұрын

Yeah try watching more than 1 episode

@alphaduck2926

2 жыл бұрын

The only one who I would say never makes a deal is Barbara. She’s always saying she’s out even before coming to the show and meeting the entrepreneurs.

For those who don't know Robert is a semi Racing car driver.

"their not that valuable" lmaooo i was waiting for Kevin to say that ahhaha

It's literally so weird the last 9 months looking on Amazon for an iPad case and the one that I've been was phoozy. Only reason I didn't get it is as the one I was looking at is a bag and not a case. It's so weird that the first time I checkout shark tank I happen to see the company I've been looking at for a long time!

@sleepercellbrooklyn3771

2 жыл бұрын

Because of cookies

@diagnosedtopg7657

2 жыл бұрын

Bc of "the hub"

@tiffanylastinger3925

2 жыл бұрын

I would've preferred it to have a wrist strap or something on it

It's for a niche market...skiiers, campers, hikers, work outdoors in the heat or water, etc. No one else wants their phone in that case. It's just not practical...I would never switch over to that.

@senorgato70

2 жыл бұрын

There’s also a huge market with college kids who go to the beach or pools during summer or vacations who want to keep their phones safe and not lose them in water. I agree it feels limited in marketability but with the right marketing everyone will feel like they need it.

Daymond just magically disappeared after all the testing.

This product and deal blew me away so much I now purchased one phoozy case. Great job!!!

5:15 Wow...that would get my very excited as an investor. These guys clearly know what they're doing, regardless of the product!

Kevin is the heart of this show.

I remember Kevin Conway, a longtime nascar driver from the Xfinity and the cup series. I remember him driving for Joe Nemechek and Robby Gordon.

7:43 "Come on, Lori, what's 500---I mean let's just get our money back" LOL

Every time Kevin comes up with a lucrative offer others steal it away from him

Lol the way Lori and Robert said “How did you guys” at the same time made me laugh when Lori laughed 😂😂😂

4:44 Don't ever change Mark 😂😂😂😂

“My name is out, and for those reasons I’m Barbara”

Mark: come on Lori what’s 500k? Billionaire language

I mean they should’ve talked them down in equity to 3% after mr wonderful said he’d do 2.5%... now they’re taking 8% and could’ve gotten away w 6%..

@Wondorawoman

2 жыл бұрын

They should've asked for $500,000 each from Lori and Robert.

@devonwyatt8498

2 жыл бұрын

@@Wondorawoman they did, didn't they?

@zappyeats2579

2 жыл бұрын

@@devonwyatt8498 I finished the video asking did they are didn't they, I think they will back out before the deal gets finalized. Personally I think mr wonderful deal was the best.

@Jomskylark

2 жыл бұрын

@@zappyeats2579 Why would they accept the deal only to back out before finalizing the deal? That doesn't make sense and just injures their reputation

@Jomskylark

2 жыл бұрын

@@zappyeats2579 Mr. Wonderful's deal was great from an equity standpoint but consider this: They have full control of the company, so they don't need to be super tight on how much equity they give up. They came in asking for 10% so to get 8% is already a win. And finally at some point it's better to just get the investors and grow faster than save a couple equity percentage points and grow slower with one investor who might not be the right fit for them.

When Mark says "hello" when sales value is mentioned, I go 😯

Everyone that has a winter needs this, and everyone that has blazing sun too, and everyone that loves water sports. omg this product will be huge.

this is the best product ive seen in a while

6:59 the utter disgust on Kevin's face as the other sharks chime in is priceless 😂😂

Barbara “ I don’t like using protection. For that reason, I’m out”

@Zenapprentice

2 жыл бұрын

I don’t either. And for those reasons Barbara, I’m not pulling out.

Poor Daymond. He was essentially the demo guy who helped Lori and Robert make one of the best steals in Shark Tank history. Free equity more than what was originally on offer, reasonably high royalty rate and super impressive, hardworking entrepreneurs who weren't at all greedy or difficult to deal with. PS Robert somehow managed to backtrack on his "what's 500 thousand dollars..?" comment but what was even more surprising that the producers allowed it to make the final cut.

@BornIn1500

2 жыл бұрын

Those guys weren't greedy?? They make them for $3 and sell them for $30! That's insanely greedy.

@Zebness990

2 жыл бұрын

@@BornIn1500 I mean, not greedy while negotiating with the sharks.

@cubzrulz

2 жыл бұрын

@@BornIn1500 they make them for three. They also have to pay employees, rent, insurance, patents, and more importantly the work and risk that is taken to make the product after investing time and money into it.

They forgot to show the scene when Barbara called the show to let them know, despite nobody asking, that she was out

Hearing people on shark tank talk about numbers really makes you think. These guys are selling items at 10x their manufacturing cost, but even then they only make 25% profit on that. They go from 1000% to 25%. Business is hard

The fact that it floats, thats cool. idk about $500K investment though.

@shaniadirstein3650

2 жыл бұрын

I dont understand this product. Arent new generations of phones water proof now anyway? Seems like a product that would have been better back in 2015

Another dollar store product. I've had my phone in all conditions and this has never been a problem. Not to mention, this sleeve ready exists-from about 15 years ago!

@Jomskylark

2 жыл бұрын

Leave it out on a sunny day or when it's super cold out, unless you have a premium phone chances are it will be affected by the elements. Also it's true you can probably get some knock off for cheap but a lot of people pay $$ for phone accessories

@LedCODprductions

2 жыл бұрын

@@Jomskylark only a moron would forget their phone out on a hot day or leave it in the snow. Pointless product that seems cool so it sells

@189hosp6

2 жыл бұрын

@@LedCODprductions Except the very out doorsie type like Mark said.

@shaniadirstein3650

2 жыл бұрын

I dont understand this product. Arent new generations of phones water proof now anyway? Seems like a product that would have been better back in 2015

@DublinRams10

2 жыл бұрын

@@LedCODprductions It not for regular joes that sit on their porched with a case beer. It for adventure types that go mountaineering, skiers, sailers, boat fishers where you are exposed to the elements. Phones regularly die on cold days on the mountain new ones are better but won't withstand everything.

Mr wonderful always gets copied on structure, I think he deserves more credit. I would love to work with him

@zappyeats2579

2 жыл бұрын

If I was on the show he is who I would want to do a deal with. But no royalty bc I would want him all in for that i would give up the equity

i love how the sharks always tell each other good job

I'm glad they actually had a working idea

For a second I read the title as “two sharks invest in phony company” 😅😅😅🤣

So what Damon just there for the presentation 😂😂

@alphaduck2926

2 жыл бұрын

Haha

As soon as the first guy said that he was a racecar drive you saw Robert's eyes sparkle with instant man crush lol

6:30 - 6:47 I like how Kevin makes the initial structure of the deal and Robert & Lori both like that structure, however Robert waits and listens to see if the entrepreneur is willing to take a royalty deal, and the instant they both feel he's interested, Robert & Lori jump in with their own offers, which leaves Kevin a little surprised.

The Queen of QVC is rocking the game

Invest just 10% of your earnings, your own hand-picked stocks. You'll realize that you have beaten "Monday blues" for the life.

@smithwillison6345

2 жыл бұрын

There's a mystery in investment, that's why investing in cryptocurrency is one of the best chance of making money

@darrellrichardson9772

2 жыл бұрын

@@smithwillison6345 As the economy is shifting, you need to have legitimate and creative sources of extra incomes. There are opportunities available that people have been using for years now.

@grahampotter6100

2 жыл бұрын

If you're scared of losing, you won't have the mindset of winning. Bitcoin has helped thousands of families over the years. I'm looking to invest in bitcoin mining very soon.

@carsoncordelli9557

2 жыл бұрын

I've different news about bitcoin mining and how tricky it is but people still say it's safe, I just need a reliable business expert.

@azeicollinus750

2 жыл бұрын

If you're not thinking about owning a stocks for ten years, don't ever think about owning it for ten minutes.

This was master class on both sides.

Kevin ; “so what chu need my 500,000 fo’? 🤨” 🤣

wait can someone explain to me why Kevin didn’t get the deal wasn’t his offer just better?