Halo is a brilliant concept. I was a medical massage therapist for several years and have used a standard goniometer extensively. It's a huge pain, and MTs aren't even under the same kind of time pressure as PTs. She's addressing a very real need, and doing it very effectively. If something like this doesn't work well enough, you can bet that PTs will be quick to catch on to the fact and spread the word. I love this. I'm really happy for her and I hope she's done well.
On The Go, the problem is not in "designing" the garments but in finding a manufacturer that is willing to work with low number of production runs, something like 20 customized units.
@@mehere8038 that's the one that makes you think, you're in 2019? Oh you're gonna get lots of business. The child care one is the opposite. Home schooling home office social distancing. Yeah that's gonna be tough 2 years
That did display some ignorance, but I think she was coming from a reasonable place. I'd rather see someone assume the software sector is evolving insanely rapidly than deny its evolution and relevance altogether. And as soon as the cognitive and skill benefits were explained more, she accepted that reasoning.
Sadly, Many people understand tech as a new phone yearly, or faster cpu or new social media site... They don't see or realize the true core that is put in place and extrapolated upon that has seen technology advance over the decades. What Jeanine said was a great example of exactly this! She sees tech as the newest business that can make a billion dollars, and not the educational building blocks that leads one to excel and create these leaps in tech. The response they gave was fantastic and it seemed like it wasn't the first time have pitched their courses and had a clueless person ask this question.
Makes sense to try the thing out a few times with a handy well-constructed level surface and right angle lol. I've used goniometers, they suck, and I'm excited about the product, but my first concern was definitely accuracy. I don't really trust small accelerometers to be precise. But Steve was impressed with the tech and therefore so am I lol
26:02 omg that is so perfect considering this was pre COVID and all her classes online! Check point And btw, Naomi keeps getting interrupted because she will always be OUT😂
Kids Co should have its own buildings where they run day camps both for day care and summer camps with their programming. Where parents drop the kids off for the day and after work come and pick them up. Kids at work can be a liability sometimes.
No. learning to use mobile and computer is not the same as learning computer science. When they use a gadget all they learn is how to use the interface, not the basics of programming. CS is all about logic and problem-solving.
can someone explain what changed in the last deal i see that in both cases 100k was structured as a loan, whats the technical difference between the two offers?
@56:50 "The challenging thing for me is that I dont like investing in things I don't quite get, I'm in". I don't hear him say I'm OUT, it sounds like "in".
Good question! Just to clarify, the word is just "valuation" (but you're in good company, many people hear it as "evaluation", and the meanings are quite close). I'm no expert, but my understanding is that there are various different guidelines for business valuation, and usually it's related to the business equity (that is, their assets, like inventory, equipment, money in the bank etc., minus their liabilities, like debts they owe -- what's left after that is the equity), and the other main thing taken into account is projection of revenue over the next coming year. That's why so many entrepreneurs come in with big valuations that the sharks don't agree with, because the entrepreneurs are starry-eyed about their belief in the potential of their business, whereas the sharks are more focused on earnings that have already been proven. I hope this helps!
47:42. I wonder if they hit that goal considering how the 2020, 2021 pandemic has affected the work space and people actually going to work. I would say the need for child care while working went up but the ability to meet that demand went down because of social distancing.
I am that is obvious. It effected everything. Australia probably will take much longer to recover since they have continued on a strange path of militarization of Covid rules. Australia will take a decade to recover from this. I mean several times their post office closed off all deliveries from the US and other markets through the mail. I guess they thought Covid could be mailed from an eBay purchase?
9 things in life are certain: 1. Death 2. Taxes 3. Jenny's out 4. Jenny's out to begin with, so can not even be in to be out 5. Arsenal are a comedy club 6. Spurs and Man Utd will never win a trophy 7. Chelsea and Man City are a bunch of plastic small clubs trying to buy trophies 8. Barbara's out 9. Janine's out
That is along the lines of what I was thinking. The price is insane 200 and something for a common tool at wholesale none the less. Who would pay that, its so easily replicated?
To elaborate on what the other commenter said (since I think their answer, while accurate, may not be clear or intuitive to many people) ... When they talk about a "percentage stake" or "percent of equity", that's referring to how big a piece of the whole company that the shark will own. A lot of times this can be confusing because it can sound like they mean a percentage of profits, or other things, and sometimes sharks do talk about other percentages, so I wanted to clarify that the specific percentage stake is about percentage of the whole company altogether. Think of it like a pizza that hasn't been sliced up yet. By saying "I want ten dollars for 1/10th of this pizza", I'm saying I value the whole pizza at $100, or in other words my valuation for the whole pizza is $100. I hope that helps!
Scope IT Education should run computer camps for those interested in Computer Science. Either extra curricular or in the summer. Or they could put it on a Compact Disc for after school learning.
Birth beat should put their programs and videos on to a Compact Disc and sell it that way. Similar to how PC games are downloaded back in the day onto the computer.
I hate teaching computer science,coding etc to child of such tender age rather than they should be able to play and choose for themselves rather than it will be should be would be and make them study those without even knowing anything is just a horrible idea
I have watched only two pitches and I am sorry but the women give me some negative vibes. I understand its business but sometimes you got to give some space to new comers.I bet she wouldn't have came down to 30% if it wasn't for steve!
Have you never heard of accents? 😂 The world is a big place. There are lots of people in it who are different from you. The sooner you get over that and stop acting threatened by it, the better
That first guy absolutely KILLED it, especially in the negotiations_. Nice job mate. Hope yalls company blows up!
It didn't go through . It was rejected
@@parthivprasad1528 how do you know?
@@neelgera9135 Google !!!
You said the word mate and y'all's in the same sentence. Y'all is like North Carolina or around that area. Mate is Australia
Went through or not, he's fucking cute
Halo is a brilliant concept. I was a medical massage therapist for several years and have used a standard goniometer extensively. It's a huge pain, and MTs aren't even under the same kind of time pressure as PTs. She's addressing a very real need, and doing it very effectively. If something like this doesn't work well enough, you can bet that PTs will be quick to catch on to the fact and spread the word. I love this. I'm really happy for her and I hope she's done well.
To the last lady. You don’t ask if the sharks would consider a lesser equity, you put in a counter and then meet in the middle if possible.
Birth Beet online maternity classes: hoping for $5 million in 2020
Rona: Let me help you out there
What a perfectly timed investment in hindsight!
On The Go, the problem is not in "designing" the garments but in finding a manufacturer that is willing to work with low number of production runs, something like 20 customized units.
That negotiation with the midwife had me on the edge of my seat.
I'm watching thinking "voice from the future, there's a pandemic coming, you REALLY want this one!!!!!"
All that fighting too 😂😂😂
@@mehere8038 that's the one that makes you think, you're in 2019? Oh you're gonna get lots of business. The child care one is the opposite. Home schooling home office social distancing. Yeah that's gonna be tough 2 years
I’ve seen all these clips before..... And yet, I’m still sat here watching 😂
When Janine said the coding education taught to a grade 2 would be useless by the time they got to grade 5 was the most stupid thing I've ever heard.
That did display some ignorance, but I think she was coming from a reasonable place. I'd rather see someone assume the software sector is evolving insanely rapidly than deny its evolution and relevance altogether. And as soon as the cognitive and skill benefits were explained more, she accepted that reasoning.
Sadly, Many people understand tech as a new phone yearly, or faster cpu or new social media site... They don't see or realize the true core that is put in place and extrapolated upon that has seen technology advance over the decades. What Jeanine said was a great example of exactly this! She sees tech as the newest business that can make a billion dollars, and not the educational building blocks that leads one to excel and create these leaps in tech.
The response they gave was fantastic and it seemed like it wasn't the first time have pitched their courses and had a clueless person ask this question.
Don’t know how many kids you interact with but she’s completely right 😂
@@saraeissa4954 except that she really wasn’t. While the specific language might be obsolete, the understanding of coding and systems won’t.
you saying stupid highights your ignorance to business
What I wouldn’t give to see what they’re writing in their notebooks
Numbers
Grocery lists 😂
Naomi's just reads "I'm out" over and over
@@snostar5139 in red ink of course...
Drawing PPs
the first guy is more perfect than many ‘perfect’ people out there!!!!
Them guessing the counter offers 😂
Super addicted to shark tank all the way from Kenya
You should start one there. Now I would watch that
Steve measuring the chair 🤣
Makes sense to try the thing out a few times with a handy well-constructed level surface and right angle lol. I've used goniometers, they suck, and I'm excited about the product, but my first concern was definitely accuracy. I don't really trust small accelerometers to be precise. But Steve was impressed with the tech and therefore so am I lol
Good to see investments in children products and education. One of my greatest joys.
"I'm going to make you an offer but it's not want you want" Naomi.
Kids Co called Janine Naomi. My jaw dropped lol
First guy is definitely going places. I hope he’s doing well
Noticed how it’s always the same 2 sharks fighting when it comes to tough decisions
The KidsCo guys are probably the least sweaty people I've seen in all editions of Shark Tank.
26:02 omg that is so perfect considering this was pre COVID and all her classes online!
Check point
And btw, Naomi keeps getting interrupted because she will always be OUT😂
Naomi makes a deal in this very video so shut up
Entrepreneurs: (16:50) "Were in already 150 Schools"
Janine: Jots down 150 schools without looking.. She don't fuck around 🤣
This is good!
How is the scope it (second business) doing now?
Kids Co should have its own buildings where they run day camps both for day care and summer camps with their programming. Where parents drop the kids off for the day and after work come and pick them up. Kids at work can be a liability sometimes.
The liability part could easily be handled with insurance included with using kids co.
janines dress in the IT demo tho. soooooo beautiful
I love the Australian Dragons. They're not so scary. :)
They really are the best
True
is there not daycare for kids in down under??....
No shark even checked the product, the quality, how it feels in their hands, and yet he got offers and went home with cash. So, kudos.
It’s a 2 hour pitch cut down to under 8 mins each time
@@Danissco wait, really? I knew these were cut down and made TV friendly... but it is really anywhere near a 2hr pitch for everyone??
@@yesitsmecsd from anywhere between 30 min to 2hrs a pitch goes on
@@bloodwargaming3662 sometimes much longer than 2hrs, at least in the original Dragons' Den.
A business teaching computer science. And my 4 year old grandson has to show me how to download and app? Think the kids are already ahead of this.
No. learning to use mobile and computer is not the same as learning computer science. When they use a gadget all they learn is how to use the interface, not the basics of programming. CS is all about logic and problem-solving.
can someone explain what changed in the last deal i see that in both cases 100k was structured as a loan, whats the technical difference between the two offers?
The second loan had collateral factored in
Why do so many of these shows look for a “victim” angle? Wearing glasses not a quadriplegic. He came up with an idea that already exists.
Hvorfor ikke bare hvist hann er så god til og programere hvorfor da programerer ikke hann da sine egne øyner med digital tråløs tecnologi?
@56:50 "The challenging thing for me is that I dont like investing in things I don't quite get, I'm in".
I don't hear him say I'm OUT, it sounds like "in".
How do you work out the evaluation?
Good question! Just to clarify, the word is just "valuation" (but you're in good company, many people hear it as "evaluation", and the meanings are quite close). I'm no expert, but my understanding is that there are various different guidelines for business valuation, and usually it's related to the business equity (that is, their assets, like inventory, equipment, money in the bank etc., minus their liabilities, like debts they owe -- what's left after that is the equity), and the other main thing taken into account is projection of revenue over the next coming year. That's why so many entrepreneurs come in with big valuations that the sharks don't agree with, because the entrepreneurs are starry-eyed about their belief in the potential of their business, whereas the sharks are more focused on earnings that have already been proven. I hope this helps!
@@ItsAsparageese poor guy had to wait 1 month, but it's a great response so well worth it lol
@@mr.coconut2310 Aww thank you! I appreciate the great compliment ☺️
@@ItsAsparageese THANK YOU!! 😁
I FINALLY SEE A COMPANY WHERE STEVE IS THE ONLY ONE IN THE DEAL!
47:42. I wonder if they hit that goal considering how the 2020, 2021 pandemic has affected the work space and people actually going to work. I would say the need for child care while working went up but the ability to meet that demand went down because of social distancing.
and people being out of work and money
I am that is obvious. It effected everything. Australia probably will take much longer to recover since they have continued on a strange path of militarization of Covid rules. Australia will take a decade to recover from this. I mean several times their post office closed off all deliveries from the US and other markets through the mail. I guess they thought Covid could be mailed from an eBay purchase?
Andrew always knows
9 things in life are certain:
1. Death
2. Taxes
3. Jenny's out
4. Jenny's out to begin with, so can not even be in to be out
5. Arsenal are a comedy club
6. Spurs and Man Utd will never win a trophy
7. Chelsea and Man City are a bunch of plastic small clubs trying to buy trophies
8. Barbara's out
9. Janine's out
Who’s Barbra?
@@wondergirl2642 the American Jenny/Janine
@@neilpa so not out of the Australian shark tank are they, since they're not even welcome into it to begin with
Mark saying for those reasons I'm out after giving one reason
Just letting you know the first guy, there business collapse last year, with a debt of 6.5 million.
So the Halo lady took a Lazar level a Available in every home diy store and marketed towards medical? Huh
That is along the lines of what I was thinking. The price is insane 200 and something for a common tool at wholesale none the less. Who would pay that, its so easily replicated?
on the go net worth 2022 14m us i love ths guy !
I swear the background music at 23:10 is from Deus Ex Mankind Divided. Anyone agree?
I don’t feel like looking up that Halo company but that had to of soar.
On The Go should talk to social sports clubs and sell then uniforms for their teams.
impressive dude
The first guy was so happy to have been talked down from 300k for 3% to to 60k for 3% lol
alwys i wonder how tf they found business evaluation based on the % stakes and money that investeee offers.help
By % of equity they're buying that portion of the business so with that value you get value of whole buisness.
That's how percentage works 😉
To elaborate on what the other commenter said (since I think their answer, while accurate, may not be clear or intuitive to many people) ... When they talk about a "percentage stake" or "percent of equity", that's referring to how big a piece of the whole company that the shark will own. A lot of times this can be confusing because it can sound like they mean a percentage of profits, or other things, and sometimes sharks do talk about other percentages, so I wanted to clarify that the specific percentage stake is about percentage of the whole company altogether.
Think of it like a pizza that hasn't been sliced up yet. By saying "I want ten dollars for 1/10th of this pizza", I'm saying I value the whole pizza at $100, or in other words my valuation for the whole pizza is $100.
I hope that helps!
Steve is the best
I get the feeling Peter Jones would have had apoplexy over a 2m valuation. XD
I like how she says Birth Bait
When the 1st guy said he was 25, my jaw dropped. I thought he was in his mid 30s+
Scope IT Education should run computer camps for those interested in Computer Science. Either extra curricular or in the summer. Or they could put it on a Compact Disc for after school learning.
Birth beat should put their programs and videos on to a Compact Disc and sell it that way. Similar to how PC games are downloaded back in the day onto the computer.
A lot of computers don't even have a CD drive these days. I'm not sure it would be worth the added cost when they can just do a digital download.
Naomi actually annoys me. Out of every video I’ve seen, she literally finds a way to never invest 🤣. I’m new so I’ll keep watching
Entrepreneurship is scary
1:20 yes... crossed... fingers.
😂
Savage 👀
Did Naomi buy ever anything?
Shark tank australia, best tv show ever. Love from israel
The first guy now plays left back for Liverpool FC in England
And "I'm Batman"
Someone talking about coding and clearly knowing nothing about coding has got to be one of the cringies things.
43:02 😂😂🤣🤣
time is life,,, no t money
omg wow.. take the offer
I hate teaching computer science,coding etc to child of such tender age rather than they should be able to play and choose for themselves rather than it will be should be would be and make them study those without even knowing anything is just a horrible idea
Ai killed the coding business 😆
They sire did shark the last one
Baby lady didn’t even ask the interest rate of the loan she took.
It's not like she signed a contract. They can back out afterwards, it happens all the time.
Maybe she has. Some of the pitches go for hours. We see so little of it
devastating what happened to 'On the go' company. I was really hoping he succeeded, C.vid and lockdowns destroyed many businesses.
I have watched only two pitches and I am sorry but the women give me some negative vibes. I understand its business but sometimes you got to give some space to new comers.I bet she wouldn't have came down to 30% if it wasn't for steve!
Running a business that makes so much profit from schools that are funded by tax payers, the tax payer paying for profits to businesses is sickening
Someone PLEASE fire the sound editors of this show, damn! what a horrible job every single season! There´s smth called a compressor USE IT!
He kissed her???
💎💎💎💎💎
hi marko122
Seriously I’m very smart guy , doing for nothing, yeah right
An ad every 3 minutes, sure that's enough? Don't need more? 👎
He said ‘fingers crossed’ …with his eyes 👀
We are starting free online Moon City Mission schools in the world 2025
Age 10 to 14 Years
Am investing in crypto now, this dip is a clear sign for new investors to come in✅✅
Yea this is absolutely the best time to buy and invest
@@JamesWilson-ep8vm Perfect you buy when the market is low to get profit when it rises
@@rudebwoyranking2950 yea i buy sick coins from a guy in an alleyway named Funkiestick i can hook u up later with his info
Sure why wait until the market dropped more, when you can lose money now.
Invest now
The way they talk sounds ridiculous
Have you never heard of accents? 😂 The world is a big place. There are lots of people in it who are different from you. The sooner you get over that and stop acting threatened by it, the better
@@ItsAsparageese who said anything about being threatened lol
I think the Aussie accent is adorable
Like I said, ridiculous.
The accent or the ‘slang’?
Toughest negotiations? @SharkTankAustralia pls stop this click bait. Not fun
The lady in Red, always wears Red, 🟥🟥🟥🟥🟥🟥🟥 and for that reason, I'm out
Her company is RED balloon
@@mehere8038 yup, Quantico actor priyanka chopra company is purple pebbles, but thankfully she doesn't wear purple all the time