The fact that his company has hundreds of products and his factory is solar powered (and shares excess!) says a lot about how this has been his humble dream for a long long time. Aaron deserves his success.
His net worth is based off of his assets, not cash. But based off of my knowledge with that, he probably made around $10 million in cash. Very impressive nonetheless.
@@bari2883 not a robbery. she helped make it big and successful. for many of the businesses in shark tank, its about wanting to have a shark onboard with stakes in the business and wanting to make it successful. and less about the amount that the shark is investing.
What makes him so amazing is that he brought manufacturing back in the USA, provided jobs and is giving back to the local community and he is still humble and not trying to make the most money but to inspire..good on him
He produces so much solar energy that he lights up people's homes in the neighborhood that has been factoring plant is in and a lot of his staff also drive EV's because of that
I love that the guys were all silly laughing at his pitch while Lori looked like a lioness with her eyes fixed on her prey. She KNEW she had to bring him to her side.
I honestly don’t think Lori was completely sold until Aaron dropped “You don’t understand who you’re dealing with.” I genuinely think that’s one of the greatest things ever said on shark tank.
I think all the other sharks disrespecting her and the product also helped, she saw the potential and knew she had to take the opportunity in order to shove it in the faces of everyone else.
This guy is smart. He strategically asked to drop the percentage down to 20% while keeping it at the 200k, which is basically double what he came for while keeping the valuation he came in with. Definitely better than the golden ticket lol
@@SooMuchPrydeyou're forgetting that the offer he asks for isn't the one he wants or hopes to get. It's an ideal and low one which he knows they'll ask for more than.
Of the top 10 Sharktank big time profit companies, Lori is involved in six of them. That shows the trust and value she brings on the table. She is the best shark hands down.
kevin just wants to make money at any cost, sometimes that means he knows a good business when he sees it. Here he had help: while he initially joined in on the mockery, the moment he saw Lori was serious about it he changed his tune real quick. Lori (and Mark to an extent) have niche knowledge of what makes products successful in their spheres.
My favorite moment is when Aaron responds to Kevin's first (BAD) offer. He kind of grins, and then says, "You're out." Classic. Knew his value from the start. 🙌
I tried using it after seeing in Shark Tank. My husband was laughing at me for buying it cuz it is much pricier than others. But after we used it for 6 months, it still was in good condition and didn’t look disgusting like other sponges. Now he is also loving it and we bought more. Genius product. Totally understand why this is so successful product.
Yup! I swore it couldn’t be much different from other sponges for years. Never saw the episode. After watching it, hubby n I loved the wholesome energy of the guy so much we were like let’s just buy ONE. Now we call ourselves a strictly scrub daddy family😂 won’t use any other sponge
I love how, at 5:00 , they're all laughing at Aaron, except for Lori. Really shows how confident she was and how seriously she was taking it. To be honest, she was the only one that knew what she was dealing with.
Apart from the amazing marketing and the deal with Lori, the best part about this product is that it actually works. Scrub Daddies have essentially replaced normal sponges in my home
it's honestly crazy to think how good this product actually is. I've only used scrub daddy for the past 2 years. It wasn't one of those gimmick products, in my experience, this thing actually does exactly what it was advertised to do.
I think the fact that it's a product the general public can use regularly, also helped it become so successful. Yes it does cost more than a regular sponge, but at like $5, it's not outrageously expensive that the average person can't afford it.
Lori is so smart and resilient. Great job for her to stand by her say and admire the true passion Aaron has for his product. Lori has such a wise mindset.
And Aaron’s confidence too! He knew what he’s worth, dismissing the 50% equity deal without a moment’s hesitation, steadily negotiating potential royalties, etc.
You outta respect the women more. God didn’t make them for cleaning. He made them so man wouldn’t be alone. They are of great value. Cherish a wife. She’s not a dishwasher.
My favorite part is how he keeps holding onto the scrub daddy like he’s showing it off to the sharks or in a QVC the WHOLE time. He never let it go haha
They all started laughing at him until Lori made an offer and they all quickly realized the product value and started fighting for it 😅 But right after the deal was made, you can see Lori knew for sure how big of a win it is and that's why she's the tank's most successful shark!
@@LOLzum101 no he doesn’t offer good deal but he is one that got the bidding started. If I were up on the stage, I prefer someone would at least make an offer instead of all silence.
Can't always be right. That's not not how it works. But if you are right enough of the time, or for the right deals, repeat, then you are successful. Every shark on the show including cuban has made mistakes in the past.
One of if not Loris biggest accomplishment on shark tank. She fully backed it and saw the potential. Dude ended up getting close to a mil evaluation and she 5X that 5 years sooner than he could’ve alone. Great deal on both sides
Man knows his target market when he managed to make people liking and repeat-watching his ads. The fact that the product actually delivers its intended function is amazing too.
Having worked 3 retail jobs in different stores, i can say I have seen the scrub daddy in all of them consistently. The first time I actually saw one, I remember enjoying the feel of the material and being charmed by the simple but effective design. I genuinely believe that Scrub Daddy is a quality product and im glad to see the origin story unfold.
This is a product you can proudly get behind. He literally had people from Germany making them at first. Saw the problems that was creating, and moved his manufacturing to the US creating more job opportunities. That's what we need to do. Become a made in the USA country once again and create work opportunities for our nation.
I am from France and we have this sponge in a market named Normal, I didn't know the story behind this product, I am glad now I know how it's coming to our home even in France.
guys this is a car product in germany we call it fliegenechwamm or look at any anti insect sponge in the US he had a car wash and bought these sponges from germany to put them into tools he made to clean cars and one day he used them to clean other stuff and saw how good they worked but and thats good for him these sponges don`t behave like a sponge they don`t take anything and they don`t last very long it`s the same product just a patent on design and use
I know these shows are heavily edited for drama...but Lori knew how great this way instantly. You knew it from her offer that this was going to be huge. She's right, they got into stores everywhere. Excellent product, the guy knew what he had and knew what he wanted.
Watching this, smiling at some of the Sharks comments, while washing my plates with a Scrub Daddy in a country 7,500 miles away from New Jersey. Good job Aaron.
I love how they all literally spoke down on the daddy but then they all fought to get in on this awesome deal. This was a all out bidding war for the best salesman on earth.
I still remember to this day watching this episode when it first aired with my mom. Mom understands kitchen products and said immediately this product is going to blow up! I laughed about it but now I truly understand the phrase “mom’s always right” now.
I dont like Lori nor do I trust her. Also she brought politics into business and that crosses the line for me. People need to stay in their lane and Lori doesnt....but then neither does Mark Cuban. YUCK. 🤢
No one’s talking about how after all that bidding, he ended up with the exact same valuation he had at the start 😮 He wanted 100k for 10%, Lori gave him 200k for 20%. Also love the moment at 5:02 when all the sharks were laughing and Lori has her head down crunching numbers. 🧐
It’s better to get more equity for the same valuation if you think the business is going to do well but if you think your taking a risk then I guess it’s better to get less equity
Yes but he didn’t get exactly why he asked for because 10 percent of a 700 million dollar company is 70 mil and 20 percent is 140 mil so he got 100k for 70mil. I don’t think that was his first offer
Yes agree with amani, you wanna go with bigger percentage in investment, because when the company grows, valuation will double even triple your money even with the same percentage.
@@amaniboudan6474 Bro why do people think like this. We had no idea it would be 700m. The market sets the price. He got exactly the proportion he asked for.
I use one of their other products called the Scour Daddy. Best sponge I’ve ever used. The best part is it doesn’t start to stink like all the other sponges I’ve used. Also him telling Kevin “you’re out” was hilarious.
What an amazing inventor and human being! I loved him the minute I saw him on Shark tank. His enthusiasm and passion for his company is amazing. Im definitely ordering more Scrub daddies!!
Both Kevin and Lori put a very competitive offer. You can tell Aaron wanted to go with Lori but seriously was considered Kevin's offer, but ultimately went with Lori.
I'm from the Philippines and I've been using Scrub Daddy, Scrub Mommy, Scour Daddy in my kitchen for the past 5 years already! The best product for me! 👍🥰
You know this guy was a total nerd in high school, but look what a genuinely good dude he is and what he has now accomplished. Always look at the potential in others not just what you see with your eyes.
But there was no way to know the value then, that’s the point. Investment involves risk, and risk requires upside. You think Aaron is complaining about the ten percent he had to give up when he’s worth many millions now??
“Why sell scrubDaddy? Look at this thing. It’s gonna cry, it’s not gonna be happy anymore.” Bro literally thought that was gonna get the owner to side with him 😂
You can tell who doesn't wash their own dishes. Sponges are not a joke. Scrub Daddy also solves the hygiene problem I have in my household where my husband tries to use a sponge for too damn long
I wish it was sold in Japan. It may be but not at a large scale. It’s virtually impossible to sell stuff like this here. My kids would love washing dishes with it 😂
The fact that his company has hundreds of products and his factory is solar powered (and shares excess!) says a lot about how this has been his humble dream for a long long time. Aaron deserves his success.
👍🏼👍🏼💯💯💯💯💯💯
He did say he had a decade of experience so he knew what to do with the factories
Lori actually fulfilled her promise by making Aaron multimillionaire. And Aaron is worth 70M now. Now its over 100M.
Thank Goodness he chose Lori. The rest is history!
I'm next
thats not how money works but i guess your good at listening
@@BlakeLoganXyou’re good at spelling
His net worth is based off of his assets, not cash. But based off of my knowledge with that, he probably made around $10 million in cash. Very impressive nonetheless.
This guy literally look like he was born to come up with Scrub Daddy
Bro😂
Riiight onnnn
And can you guess what he did?
@@davidn.2555 some ppl just look like what they do
😂
Lori’s 200k investment turned into approx 120 million
120 million SO FAR!
Seems like robbery. But if you’re desperate I guess the sharks going to munch.
@@bari2883 It investment
@@bari2883 not a robbery. she helped make it big and successful. for many of the businesses in shark tank, its about wanting to have a shark onboard with stakes in the business and wanting to make it successful. and less about the amount that the shark is investing.
dayum
I wanna turn my 20 dollars into 12k man-
What makes him so amazing is that he brought manufacturing back in the USA, provided jobs and is giving back to the local community and he is still humble and not trying to make the most money but to inspire..good on him
and he's made so much profit that he also help his community financially!!!
He really puts his money to good use, I respect that a lot.
❤❤❤
He produces so much solar energy that he lights up people's homes in the neighborhood that has been factoring plant is in and a lot of his staff also drive EV's because of that
Thats sustainability for ya😊
I love that the guys were all silly laughing at his pitch while Lori looked like a lioness with her eyes fixed on her prey. She KNEW she had to bring him to her side.
Lori prob thought “these guys never lifted a finger to clean or scrub did they” 🤣
@@francyelefonseca1512 They don't look at rich people the same way poor people do 24/7.. so probably not.
i bet you they all have these in their homes now lol
100%, never seen her so serious. She knew immediately and didn’t want to show her cards.
I saw it, too. Beautiful.
I honestly don’t think Lori was completely sold until Aaron dropped “You don’t understand who you’re dealing with.” I genuinely think that’s one of the greatest things ever said on shark tank.
I think all the other sharks disrespecting her and the product also helped, she saw the potential and knew she had to take the opportunity in order to shove it in the faces of everyone else.
Nah, she was sold early, that was just the icing.
He made them desperate
@@Camibug dollar signs in her eyes immediately after the weight 😂
The way he said it too way just so genuine like he really had a ton of ideas. Clearly did
This guy is smart. He strategically asked to drop the percentage down to 20% while keeping it at the 200k, which is basically double what he came for while keeping the valuation he came in with. Definitely better than the golden ticket lol
yea but if he just did 100k for 10 percent he would've made a lot more money in the long run
@@SooMuchPryde true but nobody was willing to take just 10%
Lori also knew how much money this was gonna make. It was live infomercial n his confidence.
@@SooMuchPrydeyou're forgetting that the offer he asks for isn't the one he wants or hopes to get. It's an ideal and low one which he knows they'll ask for more than.
The valuation is what counts. He was made a millionaire that day and a multimillionaire the years after.
We're just getting started ;)
glad to hear!
nahhh thats a liee
bro commented out of the blue 💀
Lmao scrub daddy out of nowhere I want to do business with yallll
CHAD
Of the top 10 Sharktank big time profit companies, Lori is involved in six of them. That shows the trust and value she brings on the table. She is the best shark hands down.
crazy cuz she takes the least deals. she really picking carefully
@@orangejuice4266She probably takes more deals than Robert, Daymond, Barbara, and Kevin combined.
@@francislon robert and kevin make offers but they nevr get accepted
Kevins offers: "I give you 100k and you give me 500x that"@@orangejuice4266
kevin just wants to make money at any cost, sometimes that means he knows a good business when he sees it. Here he had help: while he initially joined in on the mockery, the moment he saw Lori was serious about it he changed his tune real quick.
Lori (and Mark to an extent) have niche knowledge of what makes products successful in their spheres.
It’s arguably one of the most successful products to come out of Shark Tank. Well Done to Him and Lori.
it literally is THE most successful
You guys are forgetting about Ring
@@Rapido3401 Ring wasn't purchased by any of the sharks; they all denied and he sold it to Amazon.
@@Rapido3401 Ring and Uber are under the category "Most successful rejects from ST"
Ring Doorbell too.
I like how several of the sharks are kind of laughing at the idea of it during the pitch, but Lori just sees dollar signs.
100% with you. You can just see in her eyes that she was already working numbers and the "how-to" to launch it while Aaron talked.
Those who do dishes will see the potential. I even interested when i see it for the first time
Of course because Lori's skills and connections are for this product, a trash for others could be a treasure for someone that's just how it is.
because she has retail experience 🤦🏻♂️ Bruh Should’ve had eyes on her from the start.
Kevin also saw the money, henceforth he offered a royalty
My favorite moment is when Aaron responds to Kevin's first (BAD) offer. He kind of grins, and then says, "You're out." Classic. Knew his value from the start. 🙌
🤣. Utterly great. And Kevin’s final offer wasn’t that crazy. Lori was 💯 the right partner though
I love that xD telling to a shark that they are out. 😂❤
That's exactly when all. The sharks cleaned their actup in a micro second. 😅
He wasn't even gonna negotiate with that stooped deal.
My favorite part
I tried using it after seeing in Shark Tank. My husband was laughing at me for buying it cuz it is much pricier than others. But after we used it for 6 months, it still was in good condition and didn’t look disgusting like other sponges. Now he is also loving it and we bought more. Genius product. Totally understand why this is so successful product.
I bet it also didn't smell disgusting like other sponges!
Yup! I swore it couldn’t be much different from other sponges for years. Never saw the episode. After watching it, hubby n I loved the wholesome energy of the guy so much we were like let’s just buy ONE. Now we call ourselves a strictly scrub daddy family😂 won’t use any other sponge
I volunteer and we get sponges here and accidentally got a scrub daddy. I love it cause it cleans and no smell in the morning.
I just bought one last week. The best sponge no doubt
I brought one without having seen shark tank. Best sponge there is. We have several now. Only thing is you don't have to renew them that often
I love how, at 5:00 , they're all laughing at Aaron, except for Lori. Really shows how confident she was and how seriously she was taking it. To be honest, she was the only one that knew what she was dealing with.
What a hit! This guy was a real salesman and showed confidence in his product. Rest his history with Lori on his side
He knew when to shut up and not say anything when everyone else was bidding up their offers. That's a smart man.
Apart from the amazing marketing and the deal with Lori, the best part about this product is that it actually works. Scrub Daddies have essentially replaced normal sponges in my home
That's exactly it, it costs more but it actually works -and- it comes in more forms now.
I work at Target in fulfillment. We sell more scrub daddies and related products than ANY other sponge.
No kidding i can wash dishes without any water stains!
it's honestly crazy to think how good this product actually is. I've only used scrub daddy for the past 2 years. It wasn't one of those gimmick products, in my experience, this thing actually does exactly what it was advertised to do.
I think the fact that it's a product the general public can use regularly, also helped it become so successful. Yes it does cost more than a regular sponge, but at like $5, it's not outrageously expensive that the average person can't afford it.
I love seeing how far he's come with the help from Laurie and also that he's able to help people in the towns he manufactures in. He's a cool dude.
Who's Laurie?
@@zulfimohd2490 The investor who invested on his product Scrub Daddy (her name it's Lori)
I also like that the manufacturing facility is solar powered and even has excess power to sell~win,win!
@@marthalisk303This is how you build community and I love it! A very bright and good man
@@zulfimohd2490 that blonde beauty with long hair!!!
The way Laurie's eyes lit up when he put the 10 lb weight on the hardened sponge lol she knew that would be an awesome selling point on infomercials
Lori is so smart and resilient. Great job for her to stand by her say and admire the true passion Aaron has for his product. Lori has such a wise mindset.
i've watched this pitch so many times but never have i ever got bored of it. The pitch, the drama, Lori's confidence and smirk. oooooof!
Oh my gosh me too 😂 here I am after giving this video more than 50 views
And Aaron’s confidence too! He knew what he’s worth, dismissing the 50% equity deal without a moment’s hesitation, steadily negotiating potential royalties, etc.
Also the other Sharks being absolutely entertained by the bidding war. Mark very rarely bids, but he's clearly having a great time watching the show.
I come back to watch his pitch like 6 times a year when I need a good smile
Lori knew the potential of Scrub Daddy right away
You outta respect the women more. God didn’t make them for cleaning. He made them so man wouldn’t be alone. They are of great value. Cherish a wife. She’s not a dishwasher.
@@willharm6143 Mr. Bigot.
she was licking her lips from the start, never seen lori look like such a predator. go girl
@@willharm6143 Whatt💀
@@unworthy1582 fax but it was a joke bro 😭
This is one of my all time favorite episodes.
You can see that look in Lori's eye early. She knows how it's gonna end from the very beginning.
Lori's experience with QVC really showed here!
shark tank REPLIED
while all the guys snicker and shake their heads in laughter......Lori has her bait in sight!
@@SharkTankGlobalWhat is QVC?
yo@@SharkTankGlobal
Love how mark didnt want it but still helped by letting the guy know theyre offering bad deals
My favorite part is how he keeps holding onto the scrub daddy like he’s showing it off to the sharks or in a QVC the WHOLE time. He never let it go haha
They all started laughing at him until Lori made an offer and they all quickly realized the product value and started fighting for it 😅 But right after the deal was made, you can see Lori knew for sure how big of a win it is and that's why she's the tank's most successful shark!
you're wack
I thought it was Mr Wonderful who made the first offer.
@@iseeflowers if u think 50 percent equity was a real deal youre crqazy
@@LOLzum101 no he doesn’t offer good deal but he is one that got the bidding started. If I were up on the stage, I prefer someone would at least make an offer instead of all silence.
they had seggs
Robert was just 100% wrong with everything he said during the pitch 😂
Lol that's why he's the shark with the lowest net worth
They're out of touch, see a cleaning product and think. "So what? Who's buying sponges?"
Can't always be right. That's not not how it works. But if you are right enough of the time, or for the right deals, repeat, then you are successful. Every shark on the show including cuban has made mistakes in the past.
None of them are rich off investing, that’s unfair
Lol 😂😂😂
One of if not Loris biggest accomplishment on shark tank. She fully backed it and saw the potential. Dude ended up getting close to a mil evaluation and she 5X that 5 years sooner than he could’ve alone. Great deal on both sides
Man knows his target market when he managed to make people liking and repeat-watching his ads. The fact that the product actually delivers its intended function is amazing too.
exactly, theres no way to dislike the scrub daddy ads. like when they pop up for me, i just cant skip them
Hey, same name!
Having worked 3 retail jobs in different stores, i can say I have seen the scrub daddy in all of them consistently. The first time I actually saw one, I remember enjoying the feel of the material and being charmed by the simple but effective design. I genuinely believe that Scrub Daddy is a quality product and im glad to see the origin story unfold.
This is a product you can proudly get behind. He literally had people from Germany making them at first. Saw the problems that was creating, and moved his manufacturing to the US creating more job opportunities. That's what we need to do. Become a made in the USA country once again and create work opportunities for our nation.
probably one of the few companies that USA should really feel proud of
We have so much available land to build these humongous factories.
@@anatoliagolden-hall4553along with overpriced laborers
I am from France and we have this sponge in a market named Normal, I didn't know the story behind this product, I am glad now I know how it's coming to our home even in France.
guys this is a car product in germany we call it fliegenechwamm or look at any anti insect sponge in the US he had a car wash and bought these sponges from germany to put them into tools he made to clean cars and one day he used them to clean other stuff and saw how good they worked but and thats good for him these sponges don`t behave like a sponge they don`t take anything and they don`t last very long it`s the same product just a patent on design and use
"you don't understand who you're dealing with". although they thought that was funny, he's not wrong 🤣
Lori at least understood a little 😆 what a deal she closed
i believe lori was the only one not laughing at that comment.she definitely knew what was up.
He sounded so threatening lmfao
😂😂😂
We really need more extended videos like these!! My lunch isn’t complete without an unseen shark tank episode 🙂
He seems like a great guy. I wish him all the success.
Dudes worth 75$ million today.
Good for him.
I know these shows are heavily edited for drama...but Lori knew how great this way instantly. You knew it from her offer that this was going to be huge. She's right, they got into stores everywhere. Excellent product, the guy knew what he had and knew what he wanted.
This guy who made scrub daddy is a legend, and will forever be remembered for creating something that is more than just a household product
That smile at 11:01 was the most genuine thing ever. It makes me smile every time.
I swear i love that guy! Really wholesome 😊
His giggles and smiles are so cute!
Haha . . . I just froze the video at 11:01. Absolutely Awesome!
He’s so wholesome 😭
Every shot of Lori's face "*This will be mine*"
Literally the only product ever that i personally have, and ABSOLUTELY love. Its so simple, yet SO freaking effective. Good for Aaron and Lori :D
Watching this, smiling at some of the Sharks comments, while washing my plates with a Scrub Daddy in a country 7,500 miles away from New Jersey. Good job Aaron.
just wonderful
I am in Mexico and in my local store there is a scrub daddy and mommy
I'm in New Jersey and use my scrub daddy!!!
Just found it online at my local drugstore in Germany and I'm definitely buying it
I am using one in Finland
I had no idea that Scrub Daddy had branched out with so many products and into so many retailers. Very interesting story.
They are worth 1 billion
I know right, I’ve only seen one or two at Walmart. Guess you gotta shop online or something for the rest of the products.
I was at Target today and saw them along with other products. One was a scrub Mommy
well, they now advertised all over Australia and New Zealand now, and they are selling fast...
in my town, they are at home depot, lowes, longs drugs, walmart, and other local stores...
This guy is such a brilliant man. He came up with a fantastic product and has great business sense. What a go-getter. Good for him!
Scrub daddy net worth is now over 200 Million
He's a born salesman and knows exactly what he's doing and a very decent person to boot
I love how out of all the products to come out of shark tank, a smiley face sponge is what became a huge company that's still around today 😂😅
Domestic iliteracy. That was their problem, Lori spotted that and took advantage. Great White Shark
You can tell how passionate Lori about this more than the other sharks. And they definitely did their big one with this!
By far one of the greatest episodes! Kevin killed me at that 2.5 cent swing in the royalty deal.
I love how they all literally spoke down on the daddy but then they all fought to get in on this awesome deal. This was a all out bidding war for the best salesman on earth.
Bcoz Lori started iT.
I love Scrub Daddy's. Their entire line is so good if you do not want to use chemicals. Makers Clean is right behind 'em.
I still remember to this day watching this episode when it first aired with my mom. Mom understands kitchen products and said immediately this product is going to blow up! I laughed about it but now I truly understand the phrase “mom’s always right” now.
Lori saw the potential in this right from the start.
I love how they started by saying no and then ended with arguing who get do it
I like how the offers went from 100k for 50% to 200k for 20% 😭😭😭
Daymond roasting Lori on making her go up another 100k was BRUTALLLL, she nearly cried man 😂
He’s probably the one that’s crying now 💀
And now I bet he’s hella embarrassed now 😅
She’s made tens of millions of dollars on this deal. She’s perfectly fine.
Nah, she was like so be it, I just need this deal.
Yeah, I have a feeling he's not laughing anymore
Ya, she was not crying, she did not care.
Lori has to be one of the best investors
I dont like Lori nor do I trust her. Also she brought politics into business and that crosses the line for me. People need to stay in their lane and Lori doesnt....but then neither does Mark Cuban. YUCK. 🤢
@@queenbee3647 stay brokie 😢
@@queenbee3647bro politics and economy are connected
@@queenbee3647 😱en serio q hizo ella a ver....
She is the best
6:24 "No offense, I don't need you" while Mark nods in the background. He had to be thinking 'damn, she's good'
No one’s talking about how after all that bidding, he ended up with the exact same valuation he had at the start 😮 He wanted 100k for 10%, Lori gave him 200k for 20%.
Also love the moment at 5:02 when all the sharks were laughing and Lori has her head down crunching numbers. 🧐
She is the best
Don’t think that’s how it works but alright
It’s better to get more equity for the same valuation if you think the business is going to do well but if you think your taking a risk then I guess it’s better to get less equity
I don’t think yall realised that they’re laughing bc it was such a good pitch. His enthusiasm was infectious 😊
This guy just got exactly what he asked for. He wanted 100k for 10% and he got 200k for 20%
That’s not how math works 😂 percentages are way valuable than money
@@amaniboudan6474 The math is fine, what you're talking about is economics. 😐
Yes but he didn’t get exactly why he asked for because 10 percent of a 700 million dollar company is 70 mil and 20 percent is 140 mil so he got 100k for 70mil. I don’t think that was his first offer
Yes agree with amani, you wanna go with bigger percentage in investment, because when the company grows, valuation will double even triple your money even with the same percentage.
@@amaniboudan6474 Bro why do people think like this. We had no idea it would be 700m. The market sets the price. He got exactly the proportion he asked for.
Kevin's offer of 100k for 50% was an insult to himself.
very happy to hear about Aaron and Lori's success. cool story with a legacy, so inspiring.
5:02 If u pause at this moment, u can see all the sharks laughing, except lori looking seriously at her notepad
You know I’m actually really happy that this product turned out well. It’s an amazing product
It’s lovely seeing entrepreneurs like him make it and proving the Sharks wrong. I only use this product to clean surfaces in my home. Great product!
Respect for the guy for standing there with a sponge in his hands the entire discussion
So happy to see that Aaron cares for the environment. It's a product I can trust and be glad to be using! I love using mine! It beats all sponges.
These guys shows that they don’t do dishes
😂😂
I love the scrub daddy chain he’s wearing
I use one of their other products called the Scour Daddy. Best sponge I’ve ever used. The best part is it doesn’t start to stink like all the other sponges I’ve used. Also him telling Kevin “you’re out” was hilarious.
Lori's face when Cuban said With All Respect to Lori QVC is ..😆
This man worked so good he made things better with just a sponge. The powering houses with his solar panels put me at awe.
His company sold over a billion units. That's great. Even in a small town in the Netherlands where I work I saw a scrub daddy laying in the kitchen
What an amazing inventor and human being! I loved him the minute I saw him on Shark tank. His enthusiasm and passion for his company is amazing. Im definitely ordering more Scrub daddies!!
Daymond was enjoying that he stuck it up to Lorie a 100 grand extra.
Boy O boy....he had no clue what was coming.😂
Now Scrub Daddy’s net worth is an estimated 250 million! Laurie wasn’t lying when she said she’ll make Aaron a millionaire
I think it's already 700m worth already, closing to billion now.
@@keiryeleison2933 70 millions net worth but has sold over 600 millions products of scrubb daddy.
Both Kevin and Lori put a very competitive offer. You can tell Aaron wanted to go with Lori but seriously was considered Kevin's offer, but ultimately went with Lori.
The way she was fixated while the other blabbered. Lori just knew
What a very blessed man! Brought me chills! Very deserving and an awesome product he came up with!
To think everyone minus Lori thought his one product wouldn’t go far, and now Scrub Daddy is literally everywhere and with multiple other products
I'm from the Philippines and I've been using Scrub Daddy, Scrub Mommy, Scour Daddy in my kitchen for the past 5 years already! The best product for me! 👍🥰
Wait. Where can I buy one??
@@ianhomerpura8937Ace Hardware has it!!! It’s also online :D Shopee has an official Scrub Daddy store
Lori got them all started like it was the last cookie in the cookie box 😂😂 They were saying no until she spoke up!
the exact moment she was LOCKED IN 01:00
This is genuinely heartwarming. I am so happy for his success
It's legitimately just the best sponge.
this is one of the most wholesome things ive ever seen
You know this guy was a total nerd in high school, but look what a genuinely good dude he is and what he has now accomplished. Always look at the potential in others not just what you see with your eyes.
11:28 You go celebrate that extra 100 you made her pay, she earned back over 200 times that amount
I legit bought a Scrub Daddy in a small town in southern Sweden. GOOD JOB GUYS!
knowing the value now, asking 100k for 10% is insane
Not really. Consulting is extremely valuable and expensive - cost of business connections.
But there was no way to know the value then, that’s the point. Investment involves risk, and risk requires upside.
You think Aaron is complaining about the ten percent he had to give up when he’s worth many millions now??
I would for sure give this guy my savings, i could have smelt this
Crazy to think Mr. Wonderful could have gotten the deal if he just agreed to the .5cent royalty. He missed out on this deal over 2 and a half pennies
I could cry at the epitome of genius and professional it is. Dreams can come true
From rags to scrub to riches. Thats this guy!
“Why sell scrubDaddy? Look at this thing. It’s gonna cry, it’s not gonna be happy anymore.” Bro literally thought that was gonna get the owner to side with him 😂
He went from zero to hero ❤
You can tell who doesn't wash their own dishes. Sponges are not a joke. Scrub Daddy also solves the hygiene problem I have in my household where my husband tries to use a sponge for too damn long
2:12 that face said she was sold 💀
So true
I wish it was sold in Japan. It may be but not at a large scale. It’s virtually impossible to sell stuff like this here. My kids would love washing dishes with it 😂
Lol😂😂😂
man there would be a huge market for this in Japan
Amazon
this guy is the O.G. of Shark Tank!