Shark Tank US | Will The Sharks Be Sold On Lavabox's Portable Campfire?
Josh Thurmond is seeking $200k for a 10% stake in his company, Lavabox Portable Campfire.
From Season 14 Episode 18
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Shark Tank US | Will The Sharks Be Sold On Lavabox's Portable Campfire?
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Пікірлер: 412
Never understood y ppl don’t value Kevin as much as other sharks!! I mean he has very good knowledge of finance!!
@Skillpointer10
9 ай бұрын
Because they browse too much on reddit
@bartekjaa7402
9 ай бұрын
Kevin is just a bad person.
@oneheadlight8000
9 ай бұрын
Yes, some of the best experience on the tank
@sll255
9 ай бұрын
Kevin seems like a guy who will kick you to the curb the moment the deal stops benefitting him
@metaleuman
9 ай бұрын
Oh yeah he has extreme good knowledge in finance. He proved it with FTX 🤣🤣
I love when someone has such a strong product/company that the sharks have to sell themselves to get the deal😂
@PracticalPerry
9 ай бұрын
Agreed.
@God_is_good_
9 ай бұрын
Jesus is coming!
@raymondel-haddad7312
9 ай бұрын
@@God_is_good_❤
@kim-o-san
7 ай бұрын
@anidiotmakesthings Finally, someone who knows what camping is
@kevinkeane254
3 ай бұрын
Agreed
Mark hit him hard with the saying no over half a percent. That was a great point
@justinmangan6491
9 ай бұрын
Greed will kill us all!
@blobofconsciousness
9 ай бұрын
U mean for 50 cents
@bigbuckey7687
9 ай бұрын
Yeah but why did Lori counter the 12% with 12.5% in the first place... she was the one squabbling over a half a percent.
@toryshafer1961
9 ай бұрын
@@bigbuckey7687 oh I for sure agree but she has all the power so she can afford to be unreasonable. Sharks are weird
@God_is_good_
9 ай бұрын
Jesus loves you!
Lavabox Shark Tank Update "The deal with Lori did not close. Joshua wasn't strapped for cash, but he did want a mentor. In the end, he didn't want to give up 12.5% of something he worked so hard for." Brother should've taken Kevin's offer since he literally offered what he came in for. $200k for 10%
@privateemail5870
9 ай бұрын
Aw dang 😢 he must've just wanted free promo
@thejanusproject32
8 ай бұрын
WHAAAA?!? That's what happened? what the heck
Kevin offered him exactly what he wanted and he's also in the business as chef wonderful, he could have easily helped him blow this product to the moon.
@NeverStartTradingOptions
Ай бұрын
the people dont trust him
@WadeWilsonDP
Ай бұрын
All the other sharks have given him this bad stigma of being mean or something just because they don't like him. Most of the time his deals are perfectly respectable and he actually tries to empathize with people, unlike Lori who just smiles and tells everyone how nice and popular she is.
This is going to go crazy on QVC and in those certain big box stores. Lori was the right partner
@Rjsipad
9 ай бұрын
bruh qvc is middle aged women
@wintercame
9 ай бұрын
@@Rjsipad buying stuff for their hubbies.
@yukiegalz259
9 ай бұрын
Oh yes, definitely!
@legendarypo183
9 ай бұрын
@@wintercameyes😂😂
@boohere2
9 ай бұрын
@trikicks, hate to break the sad news but the deal never closed. I look up the item after the episode. The deal didn't close. You can go look it up and get the details. It just looks like it will never close. The business is still going on strong it seems.
Mr. Wonderful saying: That disgusting royalty!! What is this?! Was HILARIOUS!!!
IIRC Mark is invested in a product called Instafire that is similar to this. The last time a similar portable campfire product came in, Mark douched hard and bashed it because of that. I don't know if they told Mark to stop, or if he realized it made him look bad, but Mark is curiously not shown talking much here and I don't think they even showed him going out.
@PracticalPerry
9 ай бұрын
I know. Weird.
“I’m Mr.Camp” 😂😂😂 Kevin is gold
Kevin for 10% anyday he knew it would be huge for both of em so he dropped 50% WITHOUT ROYALTY FROM KEVIN!! he made a big mistake i think Kevin wouldhave run this forever!
@-Legacy
9 ай бұрын
For real spent a quarter of a mil and extra 2.5% for Lori over Kevin unless qvc goes craaazy he should went w kevin
@boohere2
9 ай бұрын
The deal probably would have closed if it had been for him or if had chosen him instead
He chose her because she said he could call in the middle of the night
Lori knows her value, damn she makes other sharks look petty sometimes
@boohere2
9 ай бұрын
I like her the best out of any Shark
@kronixrez2230
9 ай бұрын
Did I see him at the end look at her boobs lol
no way lori is worth an extra 2.5% and a 75 cent royalty. this is one of those rare occasions where kevin loves the product enough to not charge a royalty lol
@harryluteshi7487
9 ай бұрын
I agree
@davidgroove
8 ай бұрын
I think the guy wasnt thinking about the equity but about the extra sales Lori guarantees in QVC.
@npip99
6 ай бұрын
A 75cent royalty is basically nothing. He makes it for $30 and sells it for $195, 75c is a rounding error on the sale price. It's just Lori for the extra 2.5%, but this really seems like a QVC-style product
if i was a camper or had friends id definitely buy this. Great idea!
@lukeransom1834
9 ай бұрын
Or had friends I’m sorry my man
@BigTuna69VCR
9 ай бұрын
Hey man I'll be your friend!
@user-ol1iu8wq2y
9 ай бұрын
Thank goodness 4 this comment. now i don’t feel so alone
@tdrxy
9 ай бұрын
I see this and i raise you “no camping,no friends *and* no money”
@user-tw2ev4ou7o
9 ай бұрын
let’s go camping ?
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That royalty ask was negligible, glad he didn’t mess up the deal because of it. I think Lori added it just so there is some incentive for her to sell more. Selling 1,000,000 only gets her $750,000, big potatoes for us nothing potatoes for her.
@jojoreisinger615
9 ай бұрын
Don’t forget she said it was only until she was paid back then it goes away anyway
@vc6478
9 ай бұрын
@@jojoreisinger615 Yes I just realized I made an error. So it is even more profitable for him. He needs to sell 333,334 units for her to be repaid. That is 65 million dollars of sales if he just sold the small unit. I would of just given it to her in perpetuity, because after working so hard to get her money back she doesn’t have much incentive to sell more and I would want to keep her interested in still selling.
@nestosauce
9 ай бұрын
@@vc6478the value really isn’t in the royalty. She’s basically looking at it as almost a free 10% equity banking on it continuing to be successful.
@vc6478
9 ай бұрын
@@nestosauce yes but only free equity if 65 million dollars approximately, since depends on size, of goods is sold. If that amount was sold they guy could care less about 12.5% equity. For Lori though, once she makes her money back she wont care because she would have the $250,000 from the royalty and if we value the company just as equal total sales (I know this is not right) then she would have stock worth $8,125,000. In perpetuity royalty or not it wont make a difference by then for him but maybe that tiny offer in favour of Lori would incentivize her more to help get the company further.
@Chepchenko
9 ай бұрын
Tell me that you are bad at math without telling me you are bad.😂
Lmao Im sure et Laurie would be around for him at 11 PM
This guy just invented the portable barbecue grill.
The smell of burning wood and the crackling sound is what makes a campfire
Just ordered one for my air force son! He is always out in the woods scaring his mom chasing elk, bear and god knows what else when he is not at Hill AFB. Hope he likes it
_"Is this Shark tank or Let's Make A Deal?"_ Apparently it's Let's Make A Deal! 🤣🤣🤣
Am I the only one who would watch a reality show where the sharks are just in each others face all day, they are really hilarious sometimes 😅😂
I love that Kevin cracks on the royalty deal.
Anyone can sell this item, it's amazing on its own. He knew who he wanted from the start
I have never seen Daymond close a deal in this show
@rhappyi6805
9 ай бұрын
Bubba back ribs hurt him; he just scams the entrepreneurs according to them
Kevin gave him exactly what he wanted, and he turned it down 🤯
@mikenelson8377
9 ай бұрын
Yeah, I dunno why he chose her. The second that Mr. Wonderful offered him exactly what he wanted, he should have said, SOLD! 🤦🏼♂️
@adam-nw5cn
9 ай бұрын
i think he’s also choosing who he’s partnering with rather than the offer made.
@mustang_headass
9 ай бұрын
@@adam-nw5cn true, but it's still intriguing that he turned down exactly what he wanted and gave up slightly more for the idea of a "better shark"
@amohamed4969
9 ай бұрын
I think he has a crush on her😂😂😂😂😂😂😂
@whatsup7535
9 ай бұрын
@@amohamed4969If he's single, they both have a crush on each other. I definitely saw this as well. Lori required he give up more of his company.
This is one of the few products from shark tank that is not only a great idea, but something I personally want to buy
Wouldn't be lunch time without shark tank
@Charly9K
9 ай бұрын
Just finished mine lol
@Pratyushz
9 ай бұрын
just started mine
@stefanosgiannakis7151
8 ай бұрын
Wouldn't be shark tank without lunch time
Eating breakfast while watching shark tank 👌
That was a great presentation and great product! Happy lunch break everyone!
best episode of shark tank ive watched so far and its been a while
Fantastic Product! This portable option is a game-changer-can't wait to take it on the go!
I made a wood version of this a few years ago, also from an ammo can. I made it to keep my tent warm in the winter. I guess I should've made it gas and went on the show.
7:24 HELLO 😂😂😂
I own 33 of these Lava Boxes. I use them for EVERYTHING. They heat my car, provide all my home's internal and external lighting, and I use them to cook every single meal I eat.I haven't had an electric bill in over 20 years because of this product. However, my propane expenses are highly volatile.
Gotta Love KEVIN , "If Chef Wonderful is Involved" LOL
I love this guy!!!
@Hawkfeet
9 ай бұрын
Yea he... Smile s
@boomschool
5 ай бұрын
OK
The lean startup technique regarding developing MVP...
This eliminates the best thing about a campfire: the wood and the amazing scent that comes with the smoke!
Just met this dude at an auto show this weekend. Super nice guy, seems to be doing alright
I think Kevin would have been good on this. Get a picture of him camping in his suit 😂 it works folks
After Kevin’s 10% offer ! What he wanted ! He could have easily countered Lori and said no royalty and given her 12.5% she would have taken it !
@-Legacy
9 ай бұрын
That’s what I was thinking could of had her come down a little bit there after a competing offer, but I guess it’s more incentive for lori to push it vs getting beat down
@boohere2
9 ай бұрын
The deal didn't close anyways
@antonellaluque4532
9 ай бұрын
she would not have twken no royalty cuz he tried 50 cent
essentially a portal stove top, been around for decades already
Bro 195 for this product is insane. Its a ammo crate with some gas fittings. This doesnt solve any problem either. We already have portable propane grills.
I actually wanna buy this product! So innovative 👏🏾
Lori has an obvious crush on this dude. Good deal.
Kevin : and none of this disgusting royalty lmfao... I was eating rice krispy and it came out my nose
I think he had a crush on Lori. Why else would he take the worst deal amongst the 3?
@singhss2820
9 ай бұрын
nahi bhai Lori is good in this QVC type products thats why
@pratikjiwane880
9 ай бұрын
@@singhss2820 Bhai, QVC is not exclusive to Lori. Any product that qualifies can be sold there. And you know, most of the product Lori invests in don't even make it to QVC.
@Masteralyssa
9 ай бұрын
Mr. Wonderful has a spot with QvC as well. It's just, it's big as lories, but they never air that Info on Shark tank
@boogiemanfunk
9 ай бұрын
Not only that, he took a peek at her toes when he glanced down after the hug lol
@excaliburr7789
9 ай бұрын
both
Great one for Josh, I loved the rivalry.
@-Legacy
9 ай бұрын
When moon
Her QVC connections are priceless.
This guy is very humbled love him
Lori pulled a Kevin😂😂😂😂❤❤❤and it worked 😂
That thing is so safe until my drunk oss stumble by and kick it over on accident 😂
Using the legs as a GRILL?!?! Dealbreaker for me........
Thank you for fixing the volume on this episode 🎉🎉
7:23 woah Kevin😂😂😂
As a camper, I can tell this product is only good for newbie lazy "good weather" campers. It's a novelty item.
It's a great product. I will have to get one for my backyard lol
Looks good to me. RV`ers will like this too. They are doing good.
One of the best fast pitch and deal! 🎉❤
Why would he turn down Kevin’s offer? He obviously only wanted Lori from the jump.
@Collab2023-zx1mr
9 күн бұрын
Remember that Kevin the at first offered it at 20 percent. So he showed that he didn't care as much about the valuation
Dame face when Lori put her bid in 😂😂😂
Great idea!!
I have 0 room to talk, but I’m taking Kevin’s deal. Kev really is the man dude just wants to make $.
YES!!!! I want that on our rooftop bar area in the Philippines!!!! LETS GOO!!!
Kevin giving no royalties and giving what the entrepreneur wanted is extremely rare never happens. Great guy but should’ve took Kevin’s deal.
He should have gone with Kevin. It was a better deal.
Kevin was disgusted by loris royalty deal, lol
Really surprised that none of the sharks pointed out that you have to lug one or more propane tanks around, or asked about what was inside the canisters. They didn't ask how long a propane tank will last, at which settings, and for each size canister. They also didn't ask if there is any cleaning or maintenance required. Seems very shortsighted on their part.
@christineotp
9 ай бұрын
i mean da pitch like hr and a half long so they prolly did sum other questions off cam
@shemmy95
9 ай бұрын
whoever buys is already carrying the propane.
@Womfu
9 ай бұрын
What you see isnt the full pitch, they heavily edit it down to fit TV times
@GatherYeRosebudsWhileYeMay
9 ай бұрын
The other thing I think people overlooked is that when you cook on that thing there’s going to be a. If greasy mess all over the device.
@djamilawilschke7259
9 ай бұрын
@@GatherYeRosebudsWhileYeMayhe made 7 prototypes, i guess he knows what he’s doing and tested well …
Some people don’t want a deal they want exposure for their company or product.
I guess josh could've given 0.5% advisory shares or 2.5% advisory shares and still get the deal from lori. But hey that's something most of us can't do in pressure situations. I couldn't do it either. But great learning of negotiation skills from this without a doubt
If I was on Shark Tank, I would go after Lori too. She has the best track record for successful products on the show. Of course, getting Mark Cuban would be great too!
The final choice was excellent. Simply because Josh spoke about the plan going forward about the business and only Lori seemed to be in the same page as Josh.
"Disgusting royalty!" Gold!
He took the worst deal. I like when Kevin makes it interesting
I’m confused. I don’t think he explained what’s safer about this? He said it’s contained so there’s less spillage of rocks and whatnot. But how does that translate to “this product will create fewer wildfires”
I see chemistry and and long term real good deal 😂
No congratulations for you Josh 😂
He's like I only pay 30 to make it and charge them idiots 200.
The product was so good!
and this is why Shark Tank is the best "in person" TV show
Good job 👍
Lori is still the ruler of shark tank. That wont change.
First time Kevin Doesn’t do a royalty and looses to a royalty 😂😂
yo that’s straight up billy from fyre fest in a disguise bro
AWESOME PRODUCT...
He's a happy camper!
Honestly, that’s a pretty sick flamethrower.
I want to be the guy who hits the high hat at the very end of the intro music.
He's smart... Lori is by far the best Shark on this program. She actually pays attention and helps these investments. She has the highest ROI. Mark is by far the worst and Mr. Wonderful is second worst and Daymond isn't that great if its not clothing and textile related. Good move.
@NanaoNganba
9 ай бұрын
1. Lori 2. Kevin 3. Barbara 4. Daymond 5. Robert 6. Mark But yes, Mark is way too rich to spend his time on startups
Are you kidding me!!! Same size propane tank and you can only cook a few burgers on it. Take a normal portable cooker and just turn the gas up lol.
How you not take Kevin for what you asked for? The pizza oven must was after this epiesode. I would’ve went with Chef Wonderful. I mean he does this. People think Kevin is mean but he’s just a business man he handles business.
Taking entrepreneurs calls at 11 or 1 at night 👀
what about a Hibachi grill to make hibachi chicken or beef at home? like the George Foreman grill but its hibachi. like many ideas, i'm sure someone already made it.
true success story. what a great choice he made
This Show get Better by The day 💯
It's rare to see a presentation in the tank where none of the sharks technically are out, they never said they were, unless it was edited out but only 3 shark offer's were presented.
This entrepreneur is smart.
This is such a cool product.
Fact that it uses a propane tank somehow makes it less impressive Propane tanks are about twice the size of that So there goes the extra space your saving