Steve Calls Bull on Science Behind ‘The Brightest Bike Light in the World’ | Shark Tank AUS
HTML-код
- Опубликовано: 16 окт 2020
- Kerry Staite is pitching a dynamo-powered light and charging system for bicycles. He’s seeking an investment of $50,000 in return for a 25% equity stake in KLite but Steve wants to know exactly how he gets 10 watts from a 3-watt hub.
An international sensation, Shark Tank AUS features entrepreneurs pitching for investment in the Tank from our Sharks, five venture capitalists willing to invest their own money in exchange for equity.
As Seen On Shark Tank Australia Products: amzn.to/2ZJBbyf
Shark Tank US Products Collection: amzn.to/3bMNjmI
#SharkTank #Cycling #BikeLights 
Развлечения
Trevor from GTA trying to turn his life around
Hahahaha best comment
🤣🤣🤣
This is his cousin, Travis.
Lmaoooo love this comment hahaha
@KanadianSpaceProgram he's just really intense, but in a completely different way 😂
Wait till the sharks find out there is mass market for $3000 carbon wheels and $10000 bikes.
The Seattle Cyclist lol this guy is actually successful and is selling his product internationally! The sharks failed to understand the market because they know nothing about it.
@@hellohello9400 really?
🤣🤣🤣
@@hellohello9400 They said it in the episode but it's 1% ideas, 99% execution. He didn't handle himself well with the sharks at all, and explained things poorly which, paired with their lack of knowledge for his market, made him seem extremely unprofessional and cocky, at least in my opinion. Glad it workednout for him anyways
@@hellohello9400 true
His eyeballs tell me that he's been staring into those lights a bit too much.
🤣🤣💯
Your chins tell me you’ve been rummaging into the fridge a bit too much
Baylor Gray that one there was a violation
LOL 🤣🤣🤣
@@ROCKSTAR123456789110 no you are a viobation
For reference this episode was from early 2015. He offered 50k for 25%. His products in 2021 are STILL being included among the top 5 picks for best dynamo powered bicycle lights.
But not making any good money. Look into the financials and web presence. Making zero money, didn’t launch till feb 2020, and 2800 likes on social media. It’s an overpriced flashlight you can get for 10$
And being fair to the sharks his shit pitch was what did it in. Just because you have something doesn't mean you can sell it properly.
@@keepitreal4046 u didnt get the joke you donut
@@johndoliver8233 what joke?
@@keepitreal4046 didn't launch til 2020? That's incorrect. He didn't launch his new product line til 2020, but the original version on this episode has been sold since at least 2016. I believe this one is no longer available, from him anyways.
You guys won't believe how much bikers pay for parts for high end bike. Sometimes people mod their bike worth more than your sedan.
MTBs go up to 10k, it's crazy. U have gears selling for 2k which are wireless. But mtbers won't buy this shit
Your over exaggerating like my mom
100% agree. I spend so much money on bike stuff. But I would not buy this at that 500 price. A couple hundred less and I’d buy it
@@nicwhat4 instead of making it a different hub, he should've thought of another way u can just add to an existing bike instead of changing parts. People don't pay hundreds for hubs to then change for a light
@@somerandomguywastaken i do lol
For anyone who never took circuits, what he is trying to explain is impedance matching. The tl;dr is that the a DC circuit can transfer the most power from source to load when the equivalent resistance of the load is equal to the equivalent resistance of the source. This is *not* the most efficient way the system can be configured, only the one with the most power transfer. I would assume most of these systems have a substantially more resistive load, which will give you less light, but with much more of the energy you put in actually getting turned into light. What he's actually done is tuned a system that was running at 3W previously to move 10W, which gives more light at the cost of less efficiency and more resistance on the wheel. No laws of thermodynamics have been broken, and he's running the generator less efficiently, not more. He didn't discover anything, he just changed the circuit to fulfill a different goal than the original engineers.
Thank you for this! As a Physics student I was really curious.
I dont even know how you come up with this but i believe you
So he’s reconfigured the V=I*R circuit to use a 12v 3w generator to run a 10w 3 volt LED light. Pretty simple really.
He should be charging batteries with it though…
@@DiamondShogun I have a BS EE and he is correct.
So basically he’s making it slightly less efficient to ride? hmmm no semi pro/pro cyclist will want it then.
$500 for a bike light doesn’t seem so absurd when you consider the amount of wannabe cyclists cruising the streets these days on a 8 - 10k bicycle wearing $500 worth of lycra.
Yes there is a market.Met a few who have high end bikes,the frames can be the price of a used car.
If wannabe cyclists drop 10k for their bikes, how much do real cyclists pay?
@@Skoomz 11-12k plus personalisation fittings for a few thousand more. Approx 14k US per bike.
@@Tom-wg5om at that point just buy a car lmao
what is the wannabe part if as you say, they are cruising the streets? Sounds like they are pretty legit cyclists so far.
In the cycle community, $500 for a kinesthically powered light really is not bad.
Thanks, we've heard that a few times in these comments, and it is genuinely useful. However, the Sharks can only go on what the inventor has told them, and it's his job to explain the market.
Yes, yes it is actually. These things have been around for DECADES and DECADES.
His product was almost instantly doubted and from there he was fighting an uphill battle.
in asia and specifically my country india, such lights have been going on since the 60s and 70s, and you can get one fitted for mere cents
This guy's got that special combination of enthusiasm and passion that every founder needs - best of luck to him 👏
his eyes are wider and brighter than my future
I really like the guy, very humble and polite.
He seems bright and his ideas will hopefully see light!
His back must hurt from bending like that the entire presentation
Same pose when you ride a bike lol
Hunch back. He probably can't stand up straight from years of Hutchins like that.
I would have a beer with this guy he seems really nice
Thanks for posting something positive to make us smile 😃
You wouldn’t leave your kids with him though.
@@10TomMead haha
Why have a beer when you can have a kombucha
I actuallu really liked he came in with a valuation that wasnt taking the p*ss
Its really not bad especially when people are just cruising around on 10k bikes.
Indeed, your talking about 5% more money to buy that product which effectively doubles the amount of hours in the day it can be driven. It's a hobby with a lot of rich guys not just professional athletes who will buy the best of everything because their an enthusiast like golf, a 19.99 club can still be swung, but you don't want to be caught dead with that. He could very well sell a ton of these
Ye people take there bikes travelling 1000 an 1000 of miles
true ....my uncle is a cycling enthusiast
Except the 10watts from a 3watt hub makes no sense. So you are talking about "really not bad" $500 for something that doesn't do what he says it will. And apparently he realized it because you can't buy his hub anymore. You have to find a 3rd party one. As was said, "you doubled the previous efficiency of a dynamo and decided to power a bicycle light with it." If you could double the efficiency of a dynamo, you'd change the world.
@@Spookytooth92 I've been golfing for 20 years. I've had people offer to trade their 400 dollar wedge for my 20 dollar yard sale wedge.
Sharks: We're out
Kerry: *smiles* oh boy you guys made a baaad choice bye!
These guys have no clue. As an ultra long distance cyclist myself I fully understand. I use a Schmidt Son dynamo hub for USB charging. It's a German brand and regarded as the best dynamo hub on the market. It also costs $350USD.
Thanks for the info. Genuinely appreciated, but the dig at the Sharks is way off. "These guys have no clue". They are not supposed to have a clue about any of the dozens of different products which appear before them, with no forewarning. Yes, I've heard one of the UK Dragon say that it is just as it looks at the start of each video - they have no idea who or what is going to appear through the door. It is 100% the job of the pitcher to explain why they have a good product and a market. The Sharks gave Kerry every opportunity to recover his pitch, and he blew it each time.
yeah I didn't get how the hub was so much cheaper than the light was. Really put me off in that alone.
> These guys have no clue.
To be fair that is a great reason to not invest.
@@Quantris good point 😂😂😂
Kerry reminded me of a weakness I've always had - of being overinvolved in my work. In some ways it was helpful to be shown how bad this can look if unchecked. It is the job of the pitcher to explain why they have a good product and a market - the Sharks gave him every opportunity to recover his pitch and explain these, and he blew it each time. Either he wanted to show "passion" and commitment, or he's just so naturally passionate that he can't control himself and see his work from someone else's point of view. To me, the most significant missed opportunity was the Sharks' astonishment at his markup from $50 to $500. All he had to do was listen, pause, think and explain "It takes me 10 hours (or whatever) to build each light", and add "I'm selling to people who spend $10,000 on a bike, a $1000 on a wheel, and just want the best and lightest in every component on their bike, whatever the cost". And "The market in Australia is small, but US and Europe is $500M, and I'm looking at 5% of that".
Very well said and insightful all around.
the start of his presentation reminds me when people came to talk to you at school
That's how Australians communicate. We are a second rate people.
It was a shame he didn't come out with facts on sales for high level bicyclists. 500 dollar light is nothing for an avid rider.
I kept waiting on him to bring out his little mouse friend “Mr Jingles” 😂😂
Just the first two of many likes to come. Great call
Absolute shout mate 😂
@@andycollier1268 funny as all righr
Not even close. A bald head and an accent don't match facial contours.
😂😂😂😂😂😂😂
His problem is he's trying to sell just that one product. He needs to open a shop and sell bikes/fix them and sell his invention on the shelves.
Nah it worked out for him he’s global with the product now
So many people that come on this show just need good business advice and/or mentoring, but the investors they have are interested in ready-to-go businesses. It'd be interesting if they did a spinoff with people looking for folks to mentor.
@@DMAX-tp4pc I don't think he is selling a dynamo hub though. His current website suggests that his lights would be paired with dynamo hubs from existing manufacturers - SON, Shimano, Shutter Precision. I still don't understand his claim of getting "10 watts from a 3 watt hub," but it would seem that something about the electronics in the light changes how it draws energy from the (unmodified?) hub...? I can't find anything about this claim anymore on his current website, so I wonder if that is still a part of the technology or if he just shifted to be one of the players in the (3W) dynamo lighting space, but focused on optimizing for ultra-endurance riding.
@@chrislukes9037 The "10W from a 3W hub" is essentially an unsubstantiated free energy claim. If he's truly getting 10W, then there's likely another power source in addition to hub that's probably 10W or more, because there are absolutely going to be energy losses when any sort of power is generated (heat, for example, is energy that's lost to the surrounding environment).
@@chukuemekaoje1015 Right, I realize it's a highly suspect claim, but interested how he would even _attempt_ to explain it. I also realize there are "no free lunches" and that the energy would have to come from some source - that said there _is_ additional energy available in the spinning wheel (which was always the original source of any energy from the hub). I'm no electrical engineer, but doesn't seem _entirely_ unbelievable that electronics connected to a dynamo hub could _possibly_ (but maybe not!) cause it to exceed its usual limits to "steal" more energy from the spinning wheel at the cost of more drag (so _not_ creating energy out of thin air).
It also seems possible that his (misleading) claim is really more about his truly 3W system being "effectively" as bright as a similar 10W system would be (similar to how LED household lightbulbs are often marketed according to the wattage of the comparable incandenscent bulb they could replace, rather than wattage they actually use in the finer print). I haven't rewatched the video since my original comment, but it didn't _seem_ that this is what he meant, but who knows?! It's definitely a suspicious claim.
His pitch style is unique and impressive imo.
You could just say it's horrible... But unique is also good hhaeaeah
Personally I was cringing for him because he was talking to them like he was talking to a kindergarten class.
I think he could take Mr Bumbles job as a kids tv presenter/intertainer. :D
I was cringing like hell tbh
You must be easily impressed. He's a phony.
@@BravissimoPP He reminded me of a weakness I've always had - of being overinvolved in my work. In some ways it was helpful to be reminded of how bad this can look if unchecked.
"You've doubled the efficiency of a dynamo, and you're using it for a bike light?"
I would make him an offer based on certain criteria just to view his technology... I would likely back out, but it would give me more time to view what is happening and see if it can be applied in other areas
I got the impression the sharks were just saying whatever they needed to say to keep him calm enough to get him out of the room without attacking anyone.
Yep, and without saying what was obvious from the start "You are no businessman, and no-one I'd want to work with. I'm out". He's such a nice guy, and probably smart and sincere, that he didn't deserve such a blunt response, and they gave him the courtesy due to him.
Steve is my favorite lol.
“I’ve had about enough of this, I’m out” 😭
I absolutely love him. His product is quite good. I have witnessed the cycling community, and there is no doubt people would buy the shot out of the product. They treated him wrongly. I felt so bad for him.
I don't think they treated him wrongly. It's not the right investment for them, nothing wrong with that.
Lol
"Yes, he did just call me darling."
@@patrickkearney8774 its patronizing and belittling
Seemed like a genuinely nice guy.
@@Farquad76.547 😂😂 nah it’s just a coincidence today 😂😂
He seems genuinely insecure.
1:13
Palpatine: "I'm in"
Beautiful. +100 to your House.
Oh boy, the market is definitely there for this product
Hes extremely successful now adays
Yeah because hub dynos and friction dynos have existed for decades upon decades.
I honestly think the concept is a good idea and he pitched it decently. A self sustaining bike would be a good idea. Maybe if he did an entire bike with the front light, rear light, and power bank to charge stuff, that would be awesome!
They literally have had the "idea" for decades upon decades. He can't even patent what he is doing, its that basic.
The guy's a cartoon character.
"I got it right in the eyes."
I'd love to hear her say that under different circumstances.
That'd no longer be on RUclips but a certain Hub.
We went from a bicycle hub to a different type of hub aha
@@Munki How appropriate - She should invent… “Red” Tube!
Oh that name’s taken. 🤣
2:33 ‘oh sorry darlin’
Most Aussie thing going
5:18 "I've had enough mate " 🤣
This bloke is a legend he gave my aunty a free one for her bike his product is outstanding. Sharks made a mistake
His hand movements makes it better
Look at his eyes he definitely on something bahahhaha
Thank you for new posts! I love watching this: it’s always my First Choice!
The true cost is another $500⁺ for a rim, spokes, and labour to get the dynamo hub built into a wheel.
“An unrepeatable miracle” is a very nice way to put it.
He’s got great energy and he’s a nice guy. I hope it worked out.
I don’t know why people say this is a good product but it’s really not that amazing. Steve was the smartest one here. This guy attached a generator to a regulator to an LED light that costs way more to produce than it should and overprice it. The icing on the cake was all the marketing buzzwords and lies he used.
Give it to the chineses... They will mass produce it and sell it to you for 3.99. It cant be much more than that, can it?
350 for a flashlight? Are you kidding me?
@@BravissimoPP wait until you look into the firearms world. Where proper lights hit the $300 mark with ease lol. Cheap costs you in the long run
She has all the tv lights pointed at her but a bike light blinded her lol.
Am I the only one that enjoys watching Steve's reactions during tech pitches?
No as an engineering student and a huge nerd I love it
Hello my name Kerry Staite and this is how we break the first law of Thermodynamics :D
Yeah, I'm allergic to that kind of BS. 10W out ow 3W hub. Later he explains he essentially doubles the power output, 2x3=10 simple mafs.
@@dingdingdingdiiiiing lol
@@dingdingdingdiiiiing Imagine not knawing as much as the guy who did the work and then calling bs on him... Although he was bad at explaining, what he said is absolutely plausible.... You just didn't think the science through.... The world of AC is a magical one.
@@sohailtbr4299 The words "plausible" and "magical" don't combine very well.
Trying to figure out the jersey in your profile pic. Is it like the Lebanon nation rugby team or something? I think I can see the cedar tree on the patch
The interesting thing is that 500dollar on a bike light is ofcourse alot but at the same time that's how mutch some costs, and here you get a rechargeable battery also
Without Steve all the Sharks would be lost.
I love this guys enthusiasm at the beginning
8:33 jealous Steve in 1 2 3
I’m stunned that guy never mentioned the high price top notch cyclists already spend. That woulda helped him.
I have never heard anyone with such a strong Australian accent on this show before
I thought K-Lite was a codec pack
That dude is... extravagant.
That went down. Hill pretty quick
This must be the happiest candidate walking out without a deal I've ever seen. He is definitely having a good time :O)
His little worry frown when he is listening to the sharks is so heartbreaking!
Never felt bad for someone before here. But that guy seems like a good guy with a Idea he is proud of. And he got shut down hard.
his company became successful
Honestly, its a win-win for him because he literally advertised his product here on youtube🤑😂
Bro his personality is everything... He's super nice
I wonder how much resistance this puts on the wheel? Is it harder to peddle or is it negligible?
Just being on the show is the best advertising. He'll do great.
He'd sell way more if his price point was better while still keeping good margins
He missed the opportunity to explain that his $450 markup is for ten hours (or whatever) of his labour in building each light and dynamo.
Steve is keeping a database of where people are from.
Ngl, this guy’s whole attitude is purely sus
👋😳🖐️What 🤏😳🖐️makes🖐️😳👉you 👈😳👈say 👋😳👋that? ✊😳👋
i'm glad they were polite to him
Guys got great energy
I had to use my phone flash light and he is saving my as*
Flesh light!? It’s flash light I live in the USA us Americans know how to spell and speak proper English and words unlike you Australians
Not sure why they didnt include the sales and revenue part...
Ikr, so dumb
Didnt have any....
@@BravissimoPP but yet it is in 5 countries
He's so extra when he talks with his hands
It’s almost like he is talking down to them it’s kind of weird
as an EE impedance matching could perhaps allow him to get more power from the dynamo. Id think the load would be speed dependent and thus hard to match.
The deal I have with my bicycle is that I don’t complain about how much it weighs if it doesn’t complain about my weight.
I'm glad she didn't get mad when he called her "Darling"
There are some people that use "old fashioned" terms to speak to women, but you can tell the way they talk in general, the way they say it: they only mean it as a sign of endearment.
Some men were raised to say things like "sweetie, darling, etc" to women often to show that they aren't a threat, that they respect you, they might think of you as a daughter/sister/mother, etc.
I watch Chef Gordan Ramsey a lot on youtube. In many of the shows, when he's speaking to women of all ages, and they hand him something, or he asks something from them, he always says "thank you, Darling". You can tell it's just how he was raised to speak politely to women.
This guy is one of those quiet geniuses that can probably make a water powered engine
He's cycling his way to the banks💰 right now with the lights on🚴
I love his patronising style.
When he did the demo, he had a bloody small wheel on the forks meaning it would be turning around a lot faster than normal.
"You got it in my eyes..." Why do I feel like this isn't the first time she's said that?...
It's funny how wrong they were. He's absolutely killing it now!
This sounds like a brilliant idea for an E bike. Wire it into charge the onboard battery to extend the range
Yoooooo
An E-bike turns electricity into rotational kinetic force to move the wheels.
And this dynamo turns the kinetic energy from the rotation into electricity.
One of the most important principles of energy is that it is always zero sum.
That means it doesn't gain nor lose energy unless there is an external cause.
The external cause here would be air friction, friction with the road it's running on, amongst many others.
The dynamo would add to that, one more source of friction to the wheels.
The dynamo fitted on the wheels would in turn slow the bike down.
And the energy generated at the cost of slowing down the wheel would not be greater than the loss of distance due to needing higher energy cost to run the same speed.
TL;DR
It would only charge peanuts worth, and that wouldn't be enough for the E-bike to make up for extra friction. If anything, you'll just lose total distance.
1:30. I’ve got it! He’s so high, pupils the size of saucers, that he thinks it looks ‘realllly bright’
I wish this guy the best tbh. He just seemed like a nice regular guy that has a passion for bikes and honestly it seemed like a nicely packaged and sleek light setup for being handmade. $500 isn't ridiculous by any means if you understand how expensive road biking parts are either. Plus if its only $50 a unit to build, he could adjust and lower his pricing a little too if he had to. I hope he keeps up the enthusiasm!
just about pissed myself over steve's look at 1:47 hahahahaha
Just being on shark tank will find someone that knows the bike industry!!
what a star, i really hope he gets somehwere with it
I love that they missed the first time he called Naomi Darling.
Someone correct me if I'm wrong but would it not be more efficient to carry a couple extra batteries in a little compartment on the bike, rather than power a generator for a light with your own energy and carry the extra mass of the generator?
1:15 Steve already gets visibly pissed 😂😂
I love this guy.
He is very police and have a lot of energy. Wish him the best.
Ricky Ponting doppelganger .
What a good dude.
He is so positive.
Bicycle dynamo to power bicycle lights has been around for a long time.
$350 for the light, $150 for the hub. So $500 for a dynamo headlight.
That just seems insane. You can buy a headlight with two 18650 batteries built-in and that can run for days depending on the brightness setting.
Gadget Addict this is not just another gadget that your average soccer mom would buy off a shelf. You would be surprised at how much pro cyclists spend on these gadgets. There are 3000$ carbon wheels and 10000$ bikes in the market and they actually sell!
Aussie dollars
@@sinuslebastian6366 yeah I know some triathlon guys who spend an insane amount on their bikes. But I just can't see them spending on this.
The weight of his device and being restricted to just his hub doesn't make sense compared to an equally sized and weighted light that uses a lithium battery.
They can get something which does the same job, weighs the same and allows them to use their own hub.
The only difference is they have to charge the lithium battery at the end of the day. Or after s few days depending on the size of the battery.
@@GadgetAddict its not restricted to just his hubs. You can use multiple ones. Then again there is only a few really high end hubs that ppl would buy this with
@@cooladada I thought the hub is what his invention is?
A hub that acts as a generator / dynamo. Of which he somehow improved the output power.
I need more crack cocaine, for this, so my brain can process this.
Damn, this is too much.
I can say his a nice guy .. may god gave you the right investor .. godbless ..
I have been using a K-lite for 12 months - absolutely brilliant setup!
"You are an unrepeatable miracle."
- I’ve had enough with you. Go away, I’m out.
- Thank you very much, thank you. I can’t thank you enough.
Who would’ve thought that Australians are more polite than Canadians