I didnt. I knew he would take it because he said, "I think Im going to stay at 33 percent." The "I think" showed me there was "potential" at room because he liked her.
Update: As of November, 2023, they’re still in business. By July, 2024, the company was doing $1 million a year in revenue. Love how sharks always say “we’re nickel and diming for a small percent” when it’s always them who always want those extra nickel and dimes… because it obviously matters.
It matters because the sharks get diluted in subsequent funding rounds. Founders feel this too, but if you as a shark enter with 20% and you exit with only 4%, you would fight for it too.
elastic laces have been used for years backstage on Broadway for quick changes. We call 'em "speed laces." It's funny to see them being presented as an innovation. I wonder if they've discovered yet that these exist in both sneaker and dress shoe laces.
The sad part is, Robert is trying to win her over with his "I'm investing in this amazing woman's potential" schtick, but she's just meh, will to take a smaller share? I'm surprised at the end he didn't get his feelings hurt and say no to her counteroffer.
@@noelr1010 100%. I often tuck laces into the bottom of the shoe. Been looking for a product like this. There are shoes that pop on immediately, but I like my current shoes.
I sell open snickers bars. It saves you the time of having to open the wrapper yourself. For a low fee of $10 I'll even take the first bite for you to get you started.
Me too! It sucks trying to put on your shoes with normal laces ! I find its really clever! Sharks invented in similar products but here they acted like ,,oh these are just shoe laces i am too good for that" 🙄
i hated when he said "we're nickel and diming each other" I woulda said "a nickel and dime is worth a lot more to me than it is to you, Robert. and if it's just a nickel and a dime to you then maybe you should give it up"
I feel like every single entrepreneur to come on this show - has claimed to be a manager or top salesperson at Google, a tech company, or amazon. I'm starting not to believe anyone at this point LOL
Might come as a surprise to some here but Google and Amazon? They're pretty large companies that employ lots of people. So it should not be a shock to run into them every so often.
How did you come up with this? I stole the idea from the stretchy laces that have existed for decades and tried to pass it off as my own by putting the word original on the box.
I just tie my shoes and go. I double tie them once and never again. I have been slipping my shoes on and off sometimes 20 -30 times a day for years. Im a custodian and im constantly switching shoes when I strip floors
I don’t think the target audience is adults. I think it’s meant more for kids. Also would be helpful with those with mental handicaps. People get made fun of for wearing Velcro shoes at least with stretch laces they can fit in with the crowd.
I tie my lace once. And then again after 5 mins. And then again after 5 mins. And then just give up and let them drag around until people point out that I'm a hazard to myself and kindly offer to tie my laces for me. Then I don't undo them (even to remove or put on my shoes) till they come off themselves.
I hate to be that guy but when I was getting out of the hospital after back surgery they gave me these exact things but in black back in 2010. Hopefully things work for them I’m not being negative
She should’ve said “I have no problem helping your other entrepreneurs, but if you want me to come boost your entire portfolio then that’s added value that shouldn’t slice the valuation in half. If you want me to spend time away from the shoelace company to boost your portfolio through Amazon, then you should give me more money for more equity or equity closer to my asking price”
I changed the laces on my boxing gloves to elastic bands back in 1989, and I've never seen anyone else do this. Before velcro, almost all fighters had to have help to lace up their gloves.
Lol she's acting like getting on Amazon is a hard thing. The millions of chinese products on there are apparently legendary for getting on there according to her. Then her saying that theyre taking market share when theyre making pennies compared to the actual products on there
I saw this product in a shoe store last week and when the worker tried to explain to me what the shoe laces do i did not understand she said it laces that you don't tie up and stay in place I was so confused now look a week later this shows up on my feed hahaha 😂😂
Hi, first of all i want to thank you for your good work. 🙂👍♥️ Could you please ask the sharks if they could give me 5% of one of their (successful) businesses as a present? They are rich and I really could profit from that. Please ask the sharks individually so that they all give me this present instead of just one of them (don't mention you also asked the other sharks). Thank you very much! 🙂👍 I also would give you some of the money! 🙂👍 Thank you for your good work again and for your help! 🤗♥️
is the selling point of this product so that you can slip in and out of shoes without untying? I can already do that with regular shoelaces.. I don't get it. Unless I missed something in the pitch
I work from home but I leave my home 5-8 times a day. I take my shoes off every time I come back, so this is a must for me. If I had kids then this would also be a time saver. I know it sounds extreme but to be able to slip on shoes on the go for 15 bucks is a no brainier.
@@jacobbenedict4233 Because I take them off? Lol. I guess not everyone takes their shoes off when they're at home, but to me, I'm most comfortable without shoes.
@@jacobbenedict4233 I'd like to add, some shoes are more comfortable than others. For example, years back I used to wear Adidas NMDs, and they were super comfortable so I could leave em on. But not all my shoes are comfy
Did Robert just buy an employee for life with no benefits i.e. pension, social security, medical, life insurance etc? Then when this "employee" wants to leave she will have to pay Robert ton buy him out. They agreed to Robert's offer without even seeing the "job description". Employee, Independent Contractor, Equity partner??? Legal, not legal?
Normally I research the deals to see what happened. I won't even look up this one. If it's with Robert, it didn't close. None of his deals ever do, he just makes them for the cameras, then tries to change them. If I'm wrong feel free to respond and I'll take it back, but I bet I'm not.
They thought that 33% will be like equal partner to them so they offered 30 but 1 year later they raised again and now both the husbanf and wofe owns 25% each making the shark majority stake holder
There are definitely other stretchy lace products out there like that one that’s kind of a spiral, so did she just lie to the sharks or she lives in the one city that doesn’t have them and they’ve been around since I’ve been in high school and I’m 40
I like it. For ppl that workout/run/walk and are active in different way throughout the day u switch shoes and adjusting shoe laces every time messes up how comfortable feels. I don’t buy shoes to look cool it’s all about comfort and for occasions without having to keep adjusting to the shoe laces.
Whenever I watch Sharktank, i realize that as a society we have hit rock bottom. Our extreme search for an easier life has resulted in very weak humans - psychologically, emotionally, physically and spiritually. We continue to seek for an "easier" life but we have gone backwards. We lack the wisdom to see this. Sad.
i think i can see the problem here. buissnes wise good margins ok im very anxious that she dosent want to go on retail because in order for this to work the shoe must be comatible with the lace. and there comes the other big problem manyyy shoes have a purpose of stability and the strady laces serve a big purpus to that take a look at basketball shoes. i see many ankle injuries with this product takes 50% of the stability of the shoe isnt safe and i think the big retailers have seen that i dont believe they stayed 100% online
Kevin: "Now cry." he's legit savage as usual 😂
Kevin is my favorite lol
So Robert just paid her 100k to hire her as an employee for her other businesses while also taking 33% of her company 😂😂😂
9:30 I thought Robert was going to freak out, but accepted instead. LOL
me too lol
Same I thought he was boutta have a seizure 😂
I didnt. I knew he would take it because he said, "I think Im going to stay at 33 percent." The "I think" showed me there was "potential" at room because he liked her.
He basically paid 100k for a employee to help him with his Amazon listings
and make back at least 250 on his 100k while at it...that's more ROI than Kevin's royalty deals
@@danielajulor8273Roi?
I liked the move...
In case anyone missed it, she left her job in July
aka other peoples money
July of 2020. This was season 12 of Shark Tank. It's an old episode.
She also has experience with Amazon in case anyone missed it
😂🤣 just got to the 3rd time of it being mentioned
How do you know?
That’s perfect. I’m surprised that she didn’t say “One and a Half” while counting backwards from 10. It’s amazing.
😂 I didn’t notice that
That summarizes the ppl on shark tank pretty precisely
Update: As of November, 2023, they’re still in business. By July, 2024, the company was doing $1 million a year in revenue.
Love how sharks always say “we’re nickel and diming for a small percent” when it’s always them who always want those extra nickel and dimes… because it obviously matters.
Thanks doc
well obviously theyre gonna say whats best for themselves
It matters because the sharks get diluted in subsequent funding rounds. Founders feel this too, but if you as a shark enter with 20% and you exit with only 4%, you would fight for it too.
Exactly!!! So hypocritical! Very good point! 🙂👍👍♥️
elastic laces have been used for years backstage on Broadway for quick changes. We call 'em "speed laces." It's funny to see them being presented as an innovation. I wonder if they've discovered yet that these exist in both sneaker and dress shoe laces.
The sad part is, Robert is trying to win her over with his "I'm investing in this amazing woman's potential" schtick, but she's just meh, will to take a smaller share? I'm surprised at the end he didn't get his feelings hurt and say no to her counteroffer.
I think the laces are brilliant. I respectfully disagree with the sharks. I’d like to buy a pair.
Yeah man, I've actually been wanting for something like this. Matter of fact, let me go buy some right now.
@@noelr1010 100%. I often tuck laces into the bottom of the shoe. Been looking for a product like this. There are shoes that pop on immediately, but I like my current shoes.
$36 CDN each pair. Yikes.
I sell open snickers bars. It saves you the time of having to open the wrapper yourself. For a low fee of $10 I'll even take the first bite for you to get you started.
Me too! It sucks trying to put on your shoes with normal laces ! I find its really clever!
Sharks invented in similar products but here they acted like ,,oh these are just shoe laces i am too good for that" 🙄
I think those with disabilities can benefit from these. Those with severe arthritis and arm/hand amputees, special needs.
You can just tie normal laces properly, and you just slip in your feet.
Hey Sony Pictures, why not putting a link in description to the product while i'm interested and might be converted into a buyer 😉
Barbara would've gone out because their count was off. She did it to Hyconn, lol.
When she countered the second time I thought it would be over
i hated when he said "we're nickel and diming each other" I woulda said "a nickel and dime is worth a lot more to me than it is to you, Robert. and if it's just a nickel and a dime to you then maybe you should give it up"
I thought he was gonna be out 😂
I was waiting for Robert to say "IM OUT"
She’s smart. Either ways she’s taking the offer, so she asked for 3% discount.
“The Original” vs “We have cheaper competitors”
And all are made by semi-slaves from the third world.
"OH MY GOSH IT REALLY WORKS" 😂😂😂
I feel like every single entrepreneur to come on this show - has claimed to be a manager or top salesperson at Google, a tech company, or amazon. I'm starting not to believe anyone at this point LOL
I don’t think she said she worked at Amazon, she said she worked at a large Amazon retailer
Might come as a surprise to some here but Google and Amazon? They're pretty large companies that employ lots of people. So it should not be a shock to run into them every so often.
Amazon has over 10,000 product managers, and Google has over 6,000.
@@tayhammer
I know that. But all of them seem to leave, then go on Shark Tank lol
@@rsybing
Nah I get that, but seems like they all leave then go on Shark Tank lol
How did you come up with this?
I stole the idea from the stretchy laces that have existed for decades and tried to pass it off as my own by putting the word original on the box.
Robert is most inflexible shark. I am shocked he accepted the counter.
I don't think the sharks gave the product enough credit. Shoelaces you hardly ever have to tie that turn any shoe into slip-ons is a really cool idea.
I just tie my shoes and go.
I double tie them once and never again.
I have been slipping my shoes on and off sometimes 20 -30 times a day for years.
Im a custodian and im constantly switching shoes when I strip floors
I don’t think the target audience is adults. I think it’s meant more for kids. Also would be helpful with those with mental handicaps. People get made fun of for wearing Velcro shoes at least with stretch laces they can fit in with the crowd.
@@CowboyDan880 Lol I'm an adult and this is the solution I've been looking for.
@@noelr1010 there is no solution here. it's shoelaces
I tie my lace once. And then again after 5 mins. And then again after 5 mins. And then just give up and let them drag around until people point out that I'm a hazard to myself and kindly offer to tie my laces for me. Then I don't undo them (even to remove or put on my shoes) till they come off themselves.
@@Digitalgems9000 Not a solution for, it is for me. I wear vans when I'm rushing out. They get tiring. Now I can wear any sneaker I got
I hate to be that guy but when I was getting out of the hospital after back surgery they gave me these exact things but in black back in 2010. Hopefully things work for them I’m not being negative
She should’ve said “I have no problem helping your other entrepreneurs, but if you want me to come boost your entire portfolio then that’s added value that shouldn’t slice the valuation in half. If you want me to spend time away from the shoelace company to boost your portfolio through Amazon, then you should give me more money for more equity or equity closer to my asking price”
I changed the laces on my boxing gloves to elastic bands back in 1989, and I've never seen anyone else do this.
Before velcro, almost all fighters had to have help to lace up their gloves.
Xpand is another similar company but imo better. Had them on my shoes for 2 years now. Not a single issue.
How is it better? I just ordered these, but wanting to get more for other shoes.
Lol she's acting like getting on Amazon is a hard thing. The millions of chinese products on there are apparently legendary for getting on there according to her. Then her saying that theyre taking market share when theyre making pennies compared to the actual products on there
True
What is the date of this show?? I know there are similar items in China that have been around for many years.
Also a guy went on shark tank with laces like that before as he was a trend spotter in Japan.
like 6 years
I saw this product in a shoe store last week and when the worker tried to explain to me what the shoe laces do i did not understand she said it laces that you don't tie up and stay in place I was so confused now look a week later this shows up on my feed hahaha 😂😂
The best show to watch a dinner no doubt. When do you watch?
Shein has everything even stretchy shoelaces for less than a dollar! 😊
Some of them are even better than branded ones!
Shark Tank it’s a fun game show from blue pictures television.
Robert invested in her, not the product.
She can really help Robert with all the other stuff he is short-handed with.
If you want to see more iconic scenes from Shark Tank US, SUBSCRIBE to our channel! 🦈
Hi, first of all i want to thank you for your good work. 🙂👍♥️
Could you please ask the sharks if they could give me 5% of one of their (successful) businesses as a present? They are rich and I really could profit from that.
Please ask the sharks individually so that they all give me this present instead of just one of them (don't mention you also asked the other sharks).
Thank you very much! 🙂👍
I also would give you some of the money! 🙂👍
Thank you for your good work again and for your help! 🤗♥️
Does anyone know when she left her job? She didn't mention it
What? a plane is landing in the parking lot, Oh barbara just came out of the plane. She said she is out
Lori: I’m OUT but tell me about you
Sketcher slip ones are better… these are good when you need a specific shoe.
is the selling point of this product so that you can slip in and out of shoes without untying? I can already do that with regular shoelaces.. I don't get it. Unless I missed something in the pitch
I think this is kinda pointless idk. I tie my shoes once and virtually never mess with them again
I work from home but I leave my home 5-8 times a day. I take my shoes off every time I come back, so this is a must for me. If I had kids then this would also be a time saver. I know it sounds extreme but to be able to slip on shoes on the go for 15 bucks is a no brainier.
@@noelr1010 why are you untying
Them every time tho. That’s what doesn’t make sense.
@@jacobbenedict4233 Because I take them off? Lol. I guess not everyone takes their shoes off when they're at home, but to me, I'm most comfortable without shoes.
@@jacobbenedict4233 I'd like to add, some shoes are more comfortable than others. For example, years back I used to wear Adidas NMDs, and they were super comfortable so I could leave em on. But not all my shoes are comfy
@@noelr1010 see that’s my whole point. There’s literally no reason to untie your shoes when you take them off.
dude can people stop saying "sweat equity"? it's called hard work.
Did Robert just buy an employee for life with no benefits i.e. pension, social security, medical, life insurance etc? Then when this "employee" wants to leave she will have to pay Robert ton buy him out.
They agreed to Robert's offer without even seeing the "job description".
Employee, Independent Contractor, Equity partner???
Legal, not legal?
Just lace your shoes loosely. Same thing.
I can't believe how deep i had to look for this comment. Been doing that since I was 13
Dropped it right at Lunch. Perfect🎉
In India its dinner time
It’s breakfast time!
@@DOC_951 it's morbin time
7:54 Why does it say $100k for 15%? Shouldn't it say 33%?
Because that's what she was seeking. Robert's offer was 33%, but she originally asked for 100k for 15%.
"Seeking..." not "Robert's Offer"... nothing's wrong there
They showed Robert’s offer and after her offer. That way people know the difference
Normally I research the deals to see what happened. I won't even look up this one. If it's with Robert, it didn't close. None of his deals ever do, he just makes them for the cameras, then tries to change them. If I'm wrong feel free to respond and I'll take it back, but I bet I'm not.
I mean...can def do that with regular laces, but I'm sure they made lots of money
"We're nickle and diming". Since when is 8% nickle and diming?!
There are so many stretch no tie laces out there, im so surprised on that alone they all didn't mention that and end of show
Include original air date
They thought that 33% will be like equal partner to them so they offered 30 but 1 year later they raised again and now both the husbanf and wofe owns 25% each making the shark majority stake holder
If they own 25% each that's 50% which makes them the majority stake holder.
Kelvin is a savage 😂😂😂
Yeah Marcus is fairly savage also. Laura seems quite chilled along with Danoix. In the end it was only Roger that invested.
What did she do in July?
Way too harsh on them. This product fills a real need. Insta buy tbh.
There are definitely other stretchy lace products out there like that one that’s kind of a spiral, so did she just lie to the sharks or she lives in the one city that doesn’t have them and they’ve been around since I’ve been in high school and I’m 40
Soooo dude bought guys wife not business... I wud say let's get outta here NOW
Am I stupid if I think this idea is amazing ... I dunno?!
I think it's great!
I like it. For ppl that workout/run/walk and are active in different way throughout the day u switch shoes and adjusting shoe laces every time messes up how comfortable feels. I don’t buy shoes to look cool it’s all about comfort and for occasions without having to keep adjusting to the shoe laces.
Please get anyone else other than Cuban
Skaters have never had this issue 😂
Are we really at the point where tying your shoes is an onerous inconvenience?
Why they all look at Robert like that when he said it really works?
$36 for a pair of StretchLaces in Canada? No thanks.
Company now worths 1.2 billion $
All mums use elastic
this is not new product, we use it 20 years ago
Whats so bad about shoe laces? Everyone wears shoes...
Whenever I watch Sharktank, i realize that as a society we have hit rock bottom. Our extreme search for an easier life has resulted in very weak humans - psychologically, emotionally, physically and spiritually. We continue to seek for an "easier" life but we have gone backwards. We lack the wisdom to see this. Sad.
That mexican guy was sniffing lol!
i knew Barbara was out. Literally
Brutal!
I had chicken for lunch.. Whats yours?
As of 2024 they are now worth 2.59 Million
whats wrong with shoe laces? i dont get it
i feel like robert is always a bit too greedy in negotiating
Or you can lace up your shoes
25% seemed to be a reasonable counter
Terrible deal IMO. Huge chunk of her business and now she's an employee?
Burger n Fries
Stretch This
but this think exist since l like I was a child like 10 years ago
i think i can see the problem here. buissnes wise good margins ok im very anxious that she dosent want to go on retail because in order for this to work the shoe must be comatible with the lace. and there comes the other big problem manyyy shoes have a purpose of stability and the strady laces serve a big purpus to that take a look at basketball shoes. i see many ankle injuries with this product takes 50% of the stability of the shoe isnt safe and i think the big retailers have seen that i dont believe they stayed 100% online
The viewers are smart then sharks on this product
this episode feels AI generated lol
What yall eating
Bagel with milk
tea with cheese sandwiches
Cringe
Dominos pizza, wings and brownies lol.
Meatball sub and side salad
Its as if Robert made her an indecent proposal 😂
Actually the offer didnt went through after the show but BARBARA make a call to say she's out 😅
Is Robert ok?
I am watching from India like comment pls❤
AMAZON IS LIKE ...... FUuuuuuuuuuuuu...... oh, ok ok lol. cool. yeah good luck
Robert can be cringe
RUT RUT RUT RAHHH
Barbera and damon would of been out.
Def shouldn't have done a deal. Can make all that money for themsleves for a lousy 100k.
Yep. 33% too. I would say 33% would be good IF the Shark was heavily invested in the business with the interest of it growing. She's now an employee.
no one should be buying any shoes with laces in 2024 anyway
Does robert have some personal provlem with shoelaces? Why is he looking down on her so much. Lol shows his true character
Is it just me, or is Robert's over the top excitement in segment after segment just so annoying????
Lost interest in the first minute and a half, im not hear to watch someone put on shoes ffs show me the actual product you're trying to pitch.