The Sharks "Beat Up" Kid's Luv Owner On How She Spent The Capital Raised | Shark Tank US
Ashi Kelinek is seeking $200,000 for 8% of her vitamin-infused kid's juice, KidsLuv.
From Season 11 Episode 15
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The Shark "Beat Up" Kid's Luv Owner On How She Spent The Capital Raised | Shark Tank US | Shark Tank Global
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Пікірлер: 1 400
She gives me “I’m divorced because my husband couldn’t get over my affair” vibes
@kyleh5196
Жыл бұрын
her “investors” are prolly just the money from the divorce settlement lmao
@hrbllc4206
Жыл бұрын
🎯
@inarimusa
Жыл бұрын
🤣
@bigdave6952
Жыл бұрын
Hahahah 😂
@sebastianbothe1228
Жыл бұрын
And for that reason, I'm out
WTH a million dollars from friends and family, and she burned it all. Insane.
@nolabets3130
Жыл бұрын
Payed off tho, company is doing very well now, it's in walmarts
@TobleroneCraft
Жыл бұрын
@@nolabets3130how do you know that was paid off? Do you have access to that information?
@piti89100
Жыл бұрын
but net worth is now 20 million usd
@Durwood71
Жыл бұрын
@@nolabets3130 No, the company is not doing well. The company is gone. Their website is offline, and retail websites like Amazon and Target show the products are unavailable. I'm guessing she continued burning through money and went bankrupt.
@nolabets3130
Жыл бұрын
@@Durwood71 Damn...
The second I saw she named her son “Phoenix” I knew she was a master of horrible ideas and not listening to criticism lol
@user-dx6om8fn3m
10 ай бұрын
best comment here!
@inmhop3729
10 ай бұрын
Phoenix is a strong name. No problem with it at all.
@SamUHells
10 ай бұрын
@@inmhop3729 it’s a terrible name. a strange attempt at being quirky and special when in reality all it will do is get her son bullied.
@inmhop3729
10 ай бұрын
@@SamUHells hardly. You never even mentioned asking what the story is behind the name. There usually is a poignant reason.
@tonybellick7841
10 ай бұрын
@@inmhop3729 nah no fancy story . Just another goofy name
Kids Luv net worth is now $10,000. She filed for bankruptcy.
@younesstahari1592
2 ай бұрын
Just read it is worth $20m now with annual sells of $5m ?
@SumriseHD
2 ай бұрын
@@younesstahari1592that's from an AI generated fake website
@Mindcrow
2 ай бұрын
May have been true previously, but they've clearly shut down since. They've been "out of stock" or "unavailable" on all retail websites for over a year. No social media presence for at least that long.
@jrjr7554
2 ай бұрын
@younesstahari1592 checked Amazon they are currently unavailable 🤔
@Doobieboogie
Ай бұрын
@@younesstahari1592there was an article I read that said that, but apparently after 2022 the business fell off
Her biggest problem is how sure she is that she's right and refusing to listen to the sharks at all
@MultiJejje
Жыл бұрын
Well the company is now worth $20 million. They've Target, Walmart and several others. Guess she was right.
@DyNaStYCaRl
Жыл бұрын
Its not that she wasn't listening. It was that she had justifications and the sharks didnt want to hear it
@switchunboxing
Жыл бұрын
@@DyNaStYCaRlIt wasn’t justified. She had reasons but these are sharks. Bottom line - you spend a million dollars to make 50k and the math isn’t mathing. They need to see proof that there’s a market and a competitive advantage and that the product is going to be a good investment that can make lots of money compared to what was put in. She just wasn’t ready for investors like this. Bottom line. The pitch was weak “I have coconut water with vitamins I’ve barely sold any of it”
@SweetChicagoGator
Жыл бұрын
Spending $1mil on patent, logo & marketing on a product that hasn't even been established on the market yet?! She is either a thief or not a business-person? 🤪
@PASSIFICATION
Жыл бұрын
that dont seem right. dont get caught up in the current. she just was happy n confident that she could recoup that money real fast now on and pay the investers back.
She believed in her product so bad that she spent fortune to protect it but failed to check if it’s working or not. What’s a classic mistake.
@setsunaitsme91
10 ай бұрын
Worse, it is not even her own fortune but her family and friends' fortune. Cant imagine how much bridges were burned when her company eventually going down
@MultiSciGeek
7 ай бұрын
How is that a classic mistake? Give me one other person on this planet who spent 1 Million on their kids juice box.
@osmanyousif7849
5 ай бұрын
That’s like selling your product when you haven’t even tasted it yet. Seriously, I’m surprised that even when this woman did sell that juice, nobody was coming up to her door say what happened after. Like when Mr. Krabs sold those colorful patties and they ended up having bad side effects on the customers.
@anishkuvelkar1876
5 ай бұрын
Oh business guru, how's your business?
@Polarisuma
4 ай бұрын
@@MultiSciGeeki think he meant its a classing buisness mistake, you spend so much money before you onow if the product even works
This is the equivalent of paying $950K to build a fence around a plot of land that you own without knowing if there’s value in the land or if there’s minerals in it.
@shizzywizzy6169
Жыл бұрын
Perfect analogy.
@anad7207
8 ай бұрын
On top of that, the fence isn’t even guarantee to keep others out. People can still knock her off with a patent. Litigation is a costly venture-both time and money.
@MultiSciGeek
7 ай бұрын
It's like spending 100k on foundations of a million dollar mansion, instead of building a 100k house and THEN buying a mansion years later. Dude the minerals example is weird. Like do you dig for oil in your back yard??
@jackspinner4727
6 ай бұрын
Well said you
@shinobu3817
4 ай бұрын
@@MultiSciGeekbrother, it is just an analogy. don’t take it too literal.
Barbara was on point and put it to her really well. Robert was right when he said she didn't really felt bad about burning other people's money.
Imagine spending $950,000 on juice
@barackmycat9448
Жыл бұрын
Not so bad when you`re making millions..
@fijianplaya11
Жыл бұрын
@@barackmycat9448 she isn't making millions lol
@barackmycat9448
Жыл бұрын
@@fijianplaya11 Tell her that.
@mrhandsneigh
Жыл бұрын
It’s pretty clear she isn’t. The few bits of numbers online all date back a couple of years and seem to come directly from her - there’s no evidence to suggest the company takes anything like 5m a year, and that figure seems outlandish - it’s stocked in ‘trending items’ sections in stores, where products tend to have short trial runs before being delisted. Not a sign of a successful product. And it costs $7 for a pack of four small cartons, when a parent can buy a bottle of sugar free juice that will make 30 drinks for half that price. This is not a product that has scope for major success. There are cheaper options with flavours that children would likely prefer
@nickdailey9889
Жыл бұрын
I hate spending 7$ a week on juice let alone 950k
You had me at "The Sharks Beat Up Kids".
@hou950
Жыл бұрын
LOOOOOOOL
@evanmed301
Жыл бұрын
Now that would’ve been a great episode
@AdamHolland-Adz
4 ай бұрын
@@evanmed301 "Up next, Darren is pitching a special product to make beating up children easier and more efficient."
@zombifiedpariah7392
2 ай бұрын
Imagine how that episode would even go. Lmfao 😂
@bugsnasty2447
Ай бұрын
Lmfao facts I wanted to see Kevin put a little bugger in a headlock 😂
Damn imagine being one of the people who invested watching what the sharks had to say.
@greggo1131
Жыл бұрын
she made 5 million in revenue last year
@Userhandleidk
Жыл бұрын
@@greggo1131 she’s probably still not profitable
@Leinnn
Жыл бұрын
@@Userhandleidk True, but it's normal for businesses to not make a profit in the first few years because it costs so much to expand.. Also it's a lot better than the 50k sales she had here in the ep. If she came on the show and said she had 5M in sales the sharks would of changed their tune quite a lot
@leonajames5517
Жыл бұрын
@@Leinnn Few years... its been MUCH longer than that.
@ahmedzakikhan7639
Жыл бұрын
@@Userhandleidk I know it is not the same but Tesla was not profitable for years. She will eventually become profitable. The Sharks got too emotional.
For once, Barbara is absolutely correct
@Martin-vw8wf
Жыл бұрын
She made a fortune how can it be „for once“ ?
@RSoin92
Жыл бұрын
Aaaaaaaand she's out 😂
@coolman1610
Жыл бұрын
true she was speaking facts on this company
@mitsuri3096
Жыл бұрын
She's rich so she is always right
@Martin-vw8wf
Жыл бұрын
I mean she is always out a lot but when she goes in it explodes. She got 30% for this comfy thing and they make 150-200m in sales now.
This kid's therapy bill is going to be absolutely extraordinary lol
@danpats1
8 ай бұрын
Just from being named Phoenix alone lol.
@343Films
4 ай бұрын
No kidding. She screams "toxic parent"
@stuff1784
4 ай бұрын
@@343FilmsNarcissist vibes
@TheLirJEt86
4 ай бұрын
I get she’s a bad business person but to equate it to a bad parent is just foolish.
@saeawn
4 ай бұрын
she can afford it with her company being worth over 20 Million dollars now Joey boi
Money went to her salary. I've seen this happen all the time. She paid herself $300,000 a year to be CEO.
@duartemartz9874
Жыл бұрын
I got the ""Look, I'm humble!"" vibe from her outfit that I'm 99% sure thats not her in real life.
@That_one_introvert.
Жыл бұрын
I concur.
@bluematrix5001
Жыл бұрын
VERY POSSIBLE, THERE ARE PEOPLE WITH BIG CHUTZPAH THERE
@mrhumble2937
Жыл бұрын
Prob right but who knows.
@dbguitars
Жыл бұрын
Good and fair wage 😁🍺
So basically she paid herself a salary out of the investors money instead of paying them back- how can you run through a million dollars 💵?!!!😮
@tacitus539
Жыл бұрын
Yeah, I wanted the sharks to ask what she paid herself.
@nasrick
Жыл бұрын
Spending bad
@SweetChicagoGator
Жыл бұрын
She is either a thief or a very poor business person ?
@user-wx7fl5vz7k
Жыл бұрын
Don't say she s a thieve she obviously spent too much on patents IP for example - where did you hear about her paying herself that amounts
@tacitus539
Жыл бұрын
@@user-wx7fl5vz7k Didn’t she say the IP was $150k-200k?
The worst part is that she genuinely feels that she did nothing wrong. She spent almost a million dollars in things she didn't need, and instead of trying to fix it, she just went to new people and asked them for more money. And then she has the nerve to say that the sharks focus too much on the money. She needs to focus on the money. She just lost a bunch of it and acts like nothing happened.
@jokerrhe
Жыл бұрын
money has always come easy to her
@jason_v12345
11 ай бұрын
Seriously. A sugar-free kids drink? Like no one's done that before, lol.
@sammyb1651
5 ай бұрын
Zero trouble to her conscience at all. Psychopathic. I feel bad for her husband. Can you imagine?
@stuff1784
4 ай бұрын
@@jokerrheYES!!!
@saeawn
4 ай бұрын
.. and now her comany is worth over 20 MILLION dollars ;) so quiet down all you hatersss
How dare she take a million dollars from her friends and family, and for this lmao This woman is crazy
@deadlydread77
11 ай бұрын
crazy rich now.
@user-dx6om8fn3m
10 ай бұрын
uncomfortable at dinner parties
@i-fart-in-elevators
9 ай бұрын
@@abreathingcoffin8089 sick take dude lol
@javiercollell
9 ай бұрын
She's making 5 millions annual in 2023
@i-fart-in-elevators
9 ай бұрын
@@javiercollell no that's what the business is generating. Not what she's pocketing
She only identified where $200K out of the $950K went. Wish the sharks asked where the rest of the money went
@notmyopinion4981
9 ай бұрын
They did! She just rambled about different thing that she apparently used the money to.
@thiswasposted120
3 ай бұрын
she very likely paid herself
6:29 Barbra summed it well. This entrepreneur clear didn't have her priorities straight when she wasted her precious $1M on 2 trademarks for a business that barely started
When Mark says, "OOOOHHHHHHH" you know it's bad.
Her nerve to say that the sharks focused too much on the funds and that's why they're not the right partners. What else did she want them to focus on. Lol, crazy
@MultiSciGeek
7 ай бұрын
Honestly if you have a good idea, she's right. But given her idea is generic, they'd of course want that security.
@zombifiedpariah7392
2 ай бұрын
Translation: "Unfortunately, I wasn't able to scam the sharks like I did my friends and family."
Wait Barbara was out for a legit reason. What year is this.
@rbae
Жыл бұрын
Looks like we don't have an excuse anymore in 2023
@rcheaven96
Жыл бұрын
I tell my gf all the time that she talk all this bs just to be out . 😂😂
@Sb-er6bs
Жыл бұрын
@@rcheaven96 I told the same thing to your mom
@rcheaven96
Жыл бұрын
@@Sb-er6bs get a new joke bud that one a bit old . 😂😂 I’ll wait for the other one . I love people who don’t even have a picture with the troll comments. 😂😂 again I am waiting for a better joke .
@liveitup7476
Жыл бұрын
It’s the multiverse
she didn´t really explained where the 950.000 went tho
@5th_phantom
Жыл бұрын
Maybe it was cut off Because the real show is really long and we just get the cut off version
@iamnobodyspecial2243
Жыл бұрын
She wanted to live the high life and lied about what she did with it 🤣 like the breathometer app lol
@itsgodnga
Жыл бұрын
could have probably figured it out pretty quick if they asked how much salary she paid herself
@franciscolaurean8550
Жыл бұрын
She said her biggest spend was 150k on lawyers no mention of the other 800k
@Arthuur9
Жыл бұрын
Her salary is probably 300k That's why
Lmao Cuban's reaction thru out the segment had me rolling
@kylecreed2748
Жыл бұрын
He’s so dramatic sometimes
@shootemupbuck8944
10 ай бұрын
I don't even know the guy but I find him hilarious!
@FeoMatteo
10 ай бұрын
@@kylecreed2748heard this from a podcast he was in. They asked him why he’s so animated. He made a good point during it he said, “If they believe I’m being harsh they wouldn’t be able to handle the real business world. Dreams are crushed everyday.”
Rob is the antithesis of Mark. Both say the same thing, but Robert does it in such a nicer way and is always encouraging. Sometimes you do need Mark's tough love tho
@darksideofevil13
6 ай бұрын
That's the key. A balance of both and knowing when to use both. Too many think being excessively harsh is always right.
@stuff1784
4 ай бұрын
You’re exactly right!
I love how Robert always hands the samples to Lori 💕
@47imagine
11 ай бұрын
You're a kind-hearted soul :-)
@zentravels22
11 ай бұрын
he always does whenever they sit together 🤗🤗🤗🤗
@cas4040
11 ай бұрын
I just commented basically the same thing. He has such great manners.
@blackedadam
10 ай бұрын
He's a simp
@GursimarSinghMiglani
10 ай бұрын
Lol
I get the feeling that many entrepreneurs out there confuse stubbornness with perseverance. This lady did end up moderately successful but look how much money she burned through to get there.... She was lucky to have backers with money to help her get there, many others don't.
@WillemAlarik
Жыл бұрын
Moderately successful is a business that’s making a few hundred thousand in annual revenue. Your local fish and chip shop is likely moderately successful. If your annual revenue is 5+ million dollars with annual increases, you’re definitely beyond “moderately” successful.
@Fredas_Lifestyle
Жыл бұрын
@@WillemAlarik How much is the profit on that? You can have big sales and be in the negative.
@ThePrimeMinisterOfTheBlock
Жыл бұрын
@@Fredas_Lifestyle he's one of those poors that's impressed by numbers with seven digits
@Enrifant
Жыл бұрын
@@Fredas_Lifestyle it doesn’t matter. They were entering at a 2.5m valuation on 55k sales, a juice producer making 5m+ in growing revenue 3 years later, and being in all the major retailers, has all the potential to be immensely profitable for you. It was a poor take from the sharks, like many others they had through the years. And yeah, 5m in revenue is not moderately successful for someone that raised 1m in VC for product development and IP. At standard valuation that’s a 30m business right there. 30x ain’t considered a “moderate” return by any VC I know.
@alfredovazquez2678
Жыл бұрын
Yes, her company now is worth 20 MILLION DOLLARS.
Yk it’s bad when Kevin is out before the other sharks and doesn’t want to scam them😂
I really like how Lorie and Barbara are usually always so composed and nice, even in the worst situations.
I'm surprised no one in the comments spotted when Mark asked her why she isn't selling, she replied "I'm doing that right now." She didn't mean to the sharks. She meant to the people watching at home. She burned through her cash and needed to prove to her investors that she could sell so she hopped on to Shark Tank for that magical Shark Tank effect.....that she already had distribution in place for.
@dontbedummy8101
Жыл бұрын
That's not selling
@hafizuddinmohdlowhim8426
Жыл бұрын
@@dontbedummy8101 😂yeah that is marketing and marketing is not selling.
@dontbedummy8101
Жыл бұрын
@@hafizuddinmohdlowhim8426 I so feel the frustration of the sharks when they tell her she did not sell and she insists she is selling...
@MultiSciGeek
7 ай бұрын
Oh wow lmao
She spent so much money to secure her brand, she didn't think about whether or not there was an opening in the market for her sugar-free juice. There's so many kinds in the supermarket nowadays that it's just not a viable venture for a new entrepreneur.
I'm shocked they didn't call her out on the missing money clearly going to salary or expenses.
Ashi with a son named Phoenix and a vegan product. Checks out 😆
Quite often the "Mommy entrepreneur" is usually a slightly more evolved type of "Karen"
@noncedolungeliwefinca9713
6 ай бұрын
😂
@Maddox204
4 ай бұрын
They have another evolution!? 😮
“I’ve got a bad feeling about this one…” Kevin was right
I started a drink company in 2017, did all the sales myself, got distribution in 6 different states, found a copacker to make 80,000 units at a time. Wanna know how much I’ve paid myself so far over the last 6 years? $10k Moral of the story: Don’t start a drink company. It’s a money pit.
@hamzazafar2219
Ай бұрын
What do you think about about a chips business? I am actively looking into it and have a very different flavor in mind. Not sure if its going to taste good. I believe your insight will help out. Thanks
The worst part about this is that fruit juice(real fruit juice) contains natural sugars that aren't bad for you like synthetic sugar is...completely destroying her argument...then she goes on to use synthetic sugar anyways haha
@abaofifsz
2 ай бұрын
Sugar is sugar at the end of the day. Yeah hfcs has its issues. But a diabetic cannot view them too differently
Robert always the gentleman, serving Lori first. He does it all the time
@That_one_introvert.
Жыл бұрын
Yeah he’s a stand up guy.
@ckapka_AA12
Жыл бұрын
simp
@nickv8642
Жыл бұрын
I was just about to comment this
@tf8187
Жыл бұрын
I was looking for this comment. He is such a gentleman.
@orlandorodriguez7235
Жыл бұрын
Society has fallen so much that we respect when a guy does this. I’ve been born and raised to serve women first and we praise any guy who does it like it’s a big deal 😅
the business closed its doors in sept 2022 and from what i can find the creditors were able to get a court order that anything sold was divided between them to pay back lost investment. that at the time of closing they had 8k in the bank accounts and had 25 k of unsold product and a debt of over 12 million unpaid. the the owner claims that in march 2022 the company had make over 5 million dollars. there seems to be only proof of her raising money and loan payments no profitability. opening comment by the sharks was very acute.
What Robert said in the end was very correct.
You know it's bad when Mr wonderful won't even make an offer
i love how Lori was calm
It’s crazy how these entrepreneurs are told the truth & still don’t listen. She raised 1M & it’s all gone with no progress at all. I’m more than certain she will be out of business in a year if not now. She’ll also be the person saying to her investors “The journey was fun, wish we would have done more”
@saxophonistscorner
Жыл бұрын
what do you mean no progress? She had product ready to go on the shelves, trademarks lined up...
@jonasalexander
8 ай бұрын
@@saxophonistscorner It isn’t progress if you can’t account for the profit potential of the product. She counted her chicks before they hatched and she did so at the expense of people who trusted her vision. Then she attempted to acquire additional investors’ money, still with no common sense strategy. When pressed, she refused to acknowledge the very real concerns of these potential investors and even alluded to seeking more funds from her initial investors. She then stated that the sharks were hung up on the money she raised, failing to realize that they were not hung up on the fact that she raised it, but how she foolishly squandered and disrespected the blessing of other people’s money.
Never seen Mark so hurtful during a pitch and he literally said so.
@Nigel-nv3lr
5 ай бұрын
You gotta watch more shark tank lol
Very well said by Robert at the end
I have always admired how robert passes on the stuff to lori first.
Robert at the end, "When it's my money and I lose it, I feel bad. When I take a dollar from you, I wake up every day to give you your dollar back, but she didn't even feel bad about it." We have such an entitled population. An uncaring, unempathetic population. Little to no respect for anyone except themselves, and oftentimes not even that.
@saxophonistscorner
Жыл бұрын
she didn't lose the money yet. She used it to get the business up and running, and its up and running, you dont make the money back upfront, or you wouldn't need investors...
@lagann4064
Жыл бұрын
@@saxophonistscornerBut if you listen she sounds nonchalant about burning $1M with nothing to show for it She probably used it all for herself. She sounds arrogant and said the sharks arent the right investors lol
@saxophonistscorner
Жыл бұрын
@@lagann4064 yeah, you're right.
@polishedmeat6399
3 ай бұрын
@@saxophonistscornerits gone now
My kids Phoenix, Jaxson, and Braxton are my world
@liamcasey2001
Жыл бұрын
hahah
10:05 truest words spoken on shark tank
I wouldn’t be comfortable taking £100 from a friend, let alone £1 million!?
Robert: “I admire how much you are standing your ground” 😂
Kids should consume natural sugar and avoid such things.
I’m here 10 mins after the video was posted. Definitely addicted.
I'm not an entrepreneur, but even I know you can't expect people to invest without proven sales. Everything she pushed was based on hypotheticals. Distributors, reorders, product benefits... BUT NO PROVEN SALES? Smh.
@me-myself-i787
Ай бұрын
If a company was making money, it wouldn't need to raise money. People go out and raise money before becoming profitable so they can use that money to build factories, distribution centres and marketing so that they can make and sell products and become profitable.
Binge watching shark tank is like taking a master course in business administration. You learn so many things, so many dos and donts especially on what the right thought patterns are that you actually need.
I cannot believe how she has spent other people's money! And wasted it!
"but i am selling the product" lmaoooooooooo 50k of it???? Mark's fact was priceless after she said that 🤣
I fell onto this same trap of investing into developing the product even more versus seeing if people would buy a basic version of it.... but my stopping point was $15k.... not $950k.
"i got a bad feeling about this one" crazy how Kevin knew from the beginning.
She paid no more than $20,000 after she finally got her distribution and national patent license.She paid herself $930,000 on her personal interest.
@mlw9195
Жыл бұрын
How do you know?
@aminamuhina
Жыл бұрын
You’re hot
Lori is the best, the most genuine of all the sharks; lovely lady
@MultiSciGeek
7 ай бұрын
100%
Most recent review on the item page for Target was over one year ago. Me thinks this company is at best not in Target and at worst in bankruptcy.
@maxwellstainback4421
Жыл бұрын
Lol and the website is offline
1. Without sales patents means nothing. 2. She never followed principles of lean startup and organic market expansion. 3. More efforts on protecting the IP and less efforts on sales. 4. Maintaining cash in the business is the top priority without that any businesses will crumble
Looks like Phoenix’s mother won’t be rising from the ashes.
@genetlemma3724
Жыл бұрын
The company is worth 20 million now...
@udaychaudhary255
Жыл бұрын
@@genetlemma3724 valuations are a tricky game baby....
@JoelPlay
Жыл бұрын
@@udaychaudhary255 No they're not, can you guys stop trying to downplay her success because you don't like her.
@abaofifsz
2 ай бұрын
Yeah they are. Can you simps stop in general?
I feel bad for her investors, especially since they're her friends and family... Yikes!!
Her son Phoenix waved like “ard my services are done, I’m out” lol.
9:59 oh ya the old “i didn’t want them anyway” bit ya ya
Wow you know it’s bad when you don’t get to say how much the retail is and how much it costs to make it
I love that Robert always grabs a sample for Lori first before he grabs one for himself, it’s very sweet.
@benjiboricua7193
8 ай бұрын
I was just thinking the same thing. Always a gentleman.
Her: "This is my son Phoenix." Me: I'm out.
I like how Robert alwasy gives Lori the samples before he takes his own.
Mark is in physical pain 😂😂😂
The longer she talked, the more she killed her chances of getting a shark.
Whenever someone always starts every answer with "So", you know you're going on a ride.
6:16 Barbara hit the nail on the head here.
When they said there was a stevia aftertaste, she bullshitted a little bit that the kids don't notice it. Lol... stevia aftertaste is noticeable.
Thank you for not giving us the original air dates.
Kevin Already knew from the beginning... "I have a bad feeling about this" 😂😂
Mark’s reaction at 4:44 is just priceless. Lol
@dbtech4562
8 ай бұрын
I need to play that meme after spending $1,400 on the iPhone 15 on Friday.
She's like "give me more money." But for what, girl?! $950,000 dollars later and what do you have to show for it?! Why do you need the money?!
@sammyb1651
5 ай бұрын
Zero trouble to her conscience at all. Psychopathic. I feel bad for her husband. Can you imagine?
@JRams-ix6bt
5 ай бұрын
@@sammyb1651What husband?
@sammyb1651
5 ай бұрын
@@JRams-ix6bt Whoever is standing behind her and the kids while she flies around the world breezily wasting other people's cash.
they have a point, maybe that money would have been better spent on market research to see if people would actually buy her product instead of distribution and mass rollout
One thing about shark tanks you definitely learn a lot from these sharks about good and bad business
No lady, they didn't get hung up on the money you raised, they got hung up on the money you burned through
@sammyb1651
5 ай бұрын
Zero trouble to her conscience at all. Psychopathic. I feel bad for her husband. Can you imagine?
She’s been rich her whole life, obviously.
That pan at 8:45 lol
10:00 i thought she was gonna say im out
@GameScope-nf2wx
3 ай бұрын
😂yeah
Mr. Wonderful, you drink wine.... lots of sugar my friend....
Man, I get such Karen vibes from her.
@JRams-ix6bt
5 ай бұрын
Karen is just a name.
Damn Kevin, I love Mr Wonderful wheen he's serious about money❤😂
Does anybody else think that she stole the money from the "friends and family" investors?
@dmmice2344
Жыл бұрын
It’s a possibility
@abasdarhon
Жыл бұрын
I don't think she stole it; I think she spent it all on forcing money to do/hire the work that she not only had no idea how to do herself but also had no idea on how to prioritize the necessities. International licensing, for heaven's sake, before she even had an established local market!
@rsybing
Жыл бұрын
You can make really bad business decisions without actually stealing from others. Plenty of unwitting dupes in the world.
@JoelPlay
Жыл бұрын
Unlikely, not saying its not possible, but her work shows off considering the company's growth.
@Glennysanders1220
Жыл бұрын
Company is worth 20 million now
Love a presentation inspired by Carrie
"I got a little beat up." You deserved it!!! Taking money and not feeling guilty about the consequences for not returning.
She should have kept her mouth closed about how much the investors had giving her see they trapped her when she said that because she thought they would be impressed with the amount instead they were more curious on the amount she had left in the bank
@glennadina8471
Жыл бұрын
Due diligence would be done after the show. Where they could back out. At least one has to be honest when they pitch. It is what I feel
@AryanMahipal
Жыл бұрын
It's not that easy sharks are not idiots
@alex161
Жыл бұрын
@@glennadina8471 But that happens off screen. Viewers wouldn't know and likely buy it out of curiosity and thinking that a shark invested in it.
@mrhumble2937
Жыл бұрын
@@glennadina8471 but at least her product looks better. Viewers don't know why it didn't work.
@Knapperoni
Жыл бұрын
They would have found out eventually, a verbal agreement like this on TV is not legally binding until papers are signed and all that
Are there any updates?
"You've learned the theory of buisness plans, but you're not fighting in the trenches." Main takeaway I'm getting from this is that you can't scale if you never made a base to scale from; Each small step in the process of growth provides information that can help you adjust your business model, provides investors with credible evidence that your business works, and most importantly it provides a sustainable source of cash that can fuel your business. If you don't get that baseline amount of sales or even customers at the start to support your business on its own, you can't grow even if you got a theoretically "solid" plan.
She's been having a good time on her investors money
God bless you all❤❤❤
Robert’s expressions are why I watch the show. 😂
There’s a difference between zero sugar, and zero ADDED sugar. If there’s fruit in there, there’s sugar in there.
Kids Luv is now available at multiple retailers including Walmart and Target and has allegedly generated about 5 million a year in revenue for the last 2 years.
@stephenrdoc
Жыл бұрын
really.way to go
@ashb7846
Жыл бұрын
How much of that is actual profit though? If she was in debt to her investors the company could bring in a lot and still be in the red from loans owed.
@yulnikita
Жыл бұрын
Good for her
@abaofifsz
2 ай бұрын
Aaand its gone
@ashtonndlovu9470
15 күн бұрын
And now it's bankrupt 👌☺️