Shark Tank US | Four Sharks Team Up For Songlorious Offer
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- Опубликовано: 26 сен 2024
- Ellen Hodges and Omayya Atout are seeking $400k for a 10% stake in their company Songlorious.
From Season 13 Episode 2
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About Shark Tank: The Sharks - tough, self-made, multi-millionaire and billionaire tycoons - continue their search to invest in the best businesses and products that America has to offer. The Sharks will once again give people from all walks of life the chance to chase the American dream and potentially secure business deals that could make them millionaires.
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Shark Tank US | Four Sharks Team Up For Songlorious Offer
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British dude: I'll handle international
kevin: I'll handle wedding industry
mark: I'll handle AI aspect
daymond: I'm black
Thats not exactly what he said. He has a point though, he started FUBU with roots in the music industry.
@@roses2361 bruh take a joke damn
😂😂
That's how it usually goes. Also, Lori with "I alone can get you on QVC" even though every one of the sharks can do it and Barbara with her food stuff.
@@whyisblue923taken Yeah sure other sharks can do qvc, but none of them comes close to the level of success Lori has when it comes to the businesses she’s invested in on shark tank
The shot of Lori sitting alone.
Lmaoo for once i like the fact that she was left out. She eats all the available pie everytime and most entrepreneurs target her.
🤣
😂😂😂😂 read this comment seconds before the clip
now she knows how kevin feels all the time😀
🥺🥺🥺🥺🥺
8:14 “I’m feeling very left out all of a sudden”
“Can you sing Lori?” had me dead 😭
This was the most enjoyable shark tank deal ever, seeing all 4 sharks join makes me so happy and it is going to blow up
Thank you Edwin! ❤
Yep, that was great. Cant wait to see how things work out
What a horrible negotiation he said 800k for 40 percent buddy from England said nah 500k fam and he like duhhhh ok nooooo u should have said can we meet at 600k I PROMISE u they would have accepted it smh 600k 150k each is legit pocket change for these guys
@@songlorious9174 What a horrible negotiation he said 800k for 40 percent buddy from England said nah 500k fam and he like duhhhh ok nooooo u should have said can we meet at 600k I PROMISE u they would have accepted it smh 600k 150k each is legit pocket change for these guys
sure, if sharks swarming makes you feel fuzzy inside.
please stop putting the outcome in the title
LOL. I made this exact comment on another video and it sparked a heated debate.
I agree I like seeing it without knowing exactly what's gonna happen
I think they know what gets more views honestly I don't like the suspense of what shark Invest so the title don't bother me It actually makes me want to see the actual details of the deal.
Why?!
Right. Totally ruins the suspense
Kevin - Playing tunes of woe and misery for them 😂😂 love it!
@Travel Crawl Yep. Singing was poor... and those "personalized song segments" were no good either.
They did undercut him but at the same time its 4 Sharks. 4 sharks backing you, there's no way you're not gonna be successful. Even if this business fails, which I highly doubt, You have the contacts to 4 amazingly successful people.
Well debatable on having contacts. If the business fails because of these two, then most likely the sharks would not want to do further business with them. Or if there is not much potential to them.
You act like the sharks would continue to speak to them if their business failed. These are not considered "contacts"
4 amazing sharks is true. But the question is, do you need 4 sharks? I've heard the sharks talk on countless occasions about the fact that having more than one shark on a deal means that every time an entrepreneur has a question, you need to run it through each shark's teams because everyone needs to be on the same page. Realistically, with Mark's connection to sports and the affiliation of song and sport, Mark's tech background to help with the software side plus Kevin's affiliation with the wedding industry, they could have easily countered with "We're not looking to give away that much equity. Mark and Kevin, would you consider coming back down to your original offer of 400K for 25% for the both of you?" or "40% is too much equity for us. We would be open to working with fewer sharks for a lower equity amount." and seeing what the sharks come down to. That would've been the better play but it is much easier to say things as an armchair critic than being on the spot.
@@khawajth well said my brother. They really do lack in business perspective hence he can't think of it on the spot and why they need a partner in the 1st place. Bring in daymond is really not necessary but he little bit afraid to said that and the idea of getting 4 sharks really get into him. He really felt the guilt when the shark said he became greedy with his counter offer and afraid he could burn the offer.
He counters with 800k, and then gives up! He could have got 600k fo sho
He shouldve just countered 600k right away
@@hyperion808gaming7 when he was talking to his partner he said “700k” and then comes in with 8, 😂
He shoulve countered 500k for 30% or less
40% of the business is a lot
Yup!! 200k per shark
Yes, absolutely. $600k would have been accepted.
Cuts back to Lori sitting by herself so defeated. That cameraman is going places
Barbara: 🎶 “aaaaaaannnndddd immmmm ouuuttttt” 🎶
this comment is gold
four sharks? Hell, I'd let them run the whole show and pay me a percentage.
I think that too except when I realize how many places they have to be in at once and they don’t have time to put into your business
exactly, they are artists, no way they want to be crunching numbers, running board of directors meetings, execuvtive board members, charity/donations plays, any royalties, big deals with music labels...on and on. Trying to run all of that will crush their creative juices....getting the sharks to each put their crack team on each task....is the way to go.
@@michaelpozzuto6419 yep, they'll disappear once the deal is done, one of them will be there to make sure the investment will be profitable, and the rest will do a magic trick n how fast to disappear. but i hope that I am wrong, for the sake of the entrepreneurs
@@JazzyMarineVet So very well said indeed!!
Barbara: "I don't like giving gifts and for that reason, I'm out."
LOL 😂😂😂
🤣🤣🤣🤣🤣🤣
Lol was waiting to find that Barbara comment
Ah yes. Had to scroll for long to get a Barbara out quip. Thank you.
I heard a song a wife had written for her husband (he cried). It was amazing and the views, likes, and shares were off the chart.
Love hearing this!!! 😍
@@songlorious9174 Can I apply to become a singer on your site even though I am still in college
I am so thankful this channel exists. They need to post more :)
You need to get a life.
The very next day, someone ordered a song named "im out". Barbara.
"You'll be playing tunes of woe and misery [for your competitors]..." - Kevin is hilarious
I often have a hard time getting a feel of the people pitching in the Shark Tank - but these two: THE REAL DEAL, love them!!
This means a lot to us ❤
@Travel Crawl For such personal service for a special occasion, I'd obviously rather pay more for quality people and product. You and I have very different priorities.
Oh my God the sharks destroyed the valuation. They were at 4 mil when they first came in, and walked away with a 1.25 mil evaluation. Definitely should've stuck to the 800k for 40%
They were at a 44x PE when they came in, still came away with 14x PE. Not shabby for a Services company.
Dudr they got the wedding decor covered, the social/diversity covered, the international covered.
They rather own 60% of millions rather than 100% of a few hundred thousands.
Plus they can focus on the creative work while the sharks handle the business aspect with way more success than they would.. and no competition..
$1.25M for a company that made $90,000 profit without a salary
They weren’t at anything when they walked in. They made $45k each in a year. They walked away with 4 sharks and $500k.
Considering they only had 1.8M total sales with a 9% profit margin before paying themselves, a 4M evaluation is a bit high. I agree that he should've stuck to his original 700k offer and then maybe negotiated for 600k in the middle. Sharks were definitely sharky this time.
$750k to $1.1m sales is ~50% growth. let's assume there's no growth in the upcoming years, $500k for 40% equity is roughly 90% ROI annually. what a wonderful investment for those sharks, great job!
thier margins are 9% before paying themselves, and would be 0% if they did. definitely not 90% roi
It's so weird seeing Peter Jones in Shark Tank
Weirder than Kevin Hart?
I remember when Dragons Den first started way back in 2005, how things have changed, now Jones is on the US version and I like it.
They definitely didn't expect that magnitude of a decision to be put on them and got nervous. Probably could have tried to sell the counter better like "we came in asking for 400k for 10% and how about $200k for 10% each shark instead?" etc.
We've thought this countless times since then haha
@@songlorious9174 to be fair we spectators also just assume there's tons of footage edited out to make it potentially seem more dramatic. Good job to you regardless!!
They are NOT business owners. They are musicians and the sharks took advantage of it.
I would've pushed for that $800k. They devalued the company by 70%, $800k for 40% would've been a $2M valuation
This is the best compilation of sharks on the tank. It’s so much beautiful ideas
I think there was some more money to make here. They should have negotiated more. 4 sharks is a dream deal and they can easily afford an extra 50k each. The duo hustled and made this far, kudos to them.
Wow that was amazing! All four sharks? Incredible. Congrats Ellen & Omayya. Great to see Peter there too!!
Thank you Deborah! 😀
This is giving me victorious flashback when Robby and Cat we’re singing 😂
I love how for the first time almost all worked together. Has there been any time in Shark tank history that all sharks bite?
I think Peter Jones' presence united them
Yes there has. There has been 4 together and 5.
Daemon got a free ride, I love it!!!
Sharks congratulate them. Should be congratulating themselves for such a great deal they made for each of them. Highway robbery.
I think this bussiness is going to be huge. With 4 sharks in it, perfect
LOL this was a really good one!Damon is like come on guys, lets make it 40%!😆
@Travel Crawl as long as you can market it… there are at least 500k dumbasses that will buy it
Lori did not even have the chance to go out, she was just smiling.
you know how tv is, they cut things out. Before anyone made an offer, Lori said she wasn't sure what she could contribute, and went out.
Not like she can sell this on QVC. GTFO here.
This pitch was very nice to be watched. You guys are good :)
"I'm Feeling very left out"
"Can you sing Lori?"
For anyone wondering,it is now worth around 1 billion usd
They're worth 1 billion now, well I guess they did blow up
I'm literally in tears ....I started a business like this years ago.... I did over 60 weddings n personally wrote the songs...I'm 40 n started this after high-school.... I cudnt get no help from family or anybody to make this pop... this was a dream of mine for so long..... I posted some on Instagram from 2012 to 2017 ..Just didn't know how to take it to the next level
Thats just life you know and in business timing and luck are always important. maybe it qas just not time for you
Its never too late to be a competitor
I'll give you $40 for 60% of the business
Should’ve worked hard for it, instead of crying on the RUclips comment section lol
@@angeldeanda9764 if you know anything, you know that “working hard” in this economy doesn’t equate to success. life isn’t fair. you must be extremely miserable
boy i sure wonder what the outcome of this pitch will be, i’m glad the title didn’t reveal anything about it!
this is hell of idea damn life really crazy just one idea can really change ur life
The only one to shake the ladies hand first was Peter tells you everything about the British 😊
I've got a feeling they could have got 800k if they stood firm on it. It woulda been 75k extra from each shark & the sharks were drooling over that company.
Lori " they gave me absolutely no time to talk and for those reasons I'm out" 🤣 she didn't even get to say she's out so I did It for her🤣
good choice. Those guys are very talented, but desperately needed guidance and business acumen. Hope to see them thrive!
enjoying europa league?
@@cherishaurely2514 grow up.
@@alxm1271 you must be fun at parties
@@cherishaurely2514 Basically, not your business. We don't know each other, let's keep it that way. Cheers!
Daymond's contacts in the music space could provide an option for a premium upgrade utilizing well known singers, producers and musicians
Peter is a savage .. he is extremely persuasive and you want a person like that in your corner
Update Songlorious...
After reading about their company's net worth, this blew me away!
*According to reports, the corporation is worth $1 billion!*
A great idea they came up with goes to show anything is possible.
Really? I might have to look it up, that's wonderful! And the idea is great too.
@@loneaxolotl shes capping lmao
Why are you lying?
@@terriblyinaccurate5757 Damn, I'm not one to easily fall for bs, but this, I did.🤦🏻
Project Update: According to reports, the corporation is worth now $1 billion.
Isn't amazing!!!!
Link pleasea
@@unalkaplan2266 Link: "Trust me bro 😀"
9:53 “let’s play some blues together man” 😂😂
So exciting for them! Set for life!
With 500K for 40%, sharks were giving them $750K valuation only. That's a rip-off.
🎵 Barbara, oh Barbara.....
You're out 🎵
They should have sung together, "we have a deal!"
Kevin and Daymond on a deal is really rare
Getiing 4 sharks is huge but i would've atleast asked 600K if i'm giving up 40%
Barbara:
"I'd like you to make me a song that goes something like
. . . I'm Out!"
😂😂😂😂😂😂
40% is a big undercut but thrn again, the company is now valued at 1 Billy.. 😐
Lori is like I am invisible
Really great service, I could definitely use it, I wish them the best of luck
I think 2 or 3 sharks would have been enough but if it's just website and talent, maybe giving up a bigger chunk is not so detrimental as in manufacturing or other product related businesses.
Daymond - Let me get in on this "Mark Cuban - Hell naw " haha
I liked how Damon sneaked on the deal 😂😂
The Sharks definitely took advantage that neither of them were business savvy or knew how to negotiate.
That’s what sharks do 😅🦈
Notice how Kevin & Mark "Eye" one another when Peter makes his 33.3% offer ...
That can only mean one thing!
It is amazing how Peter from Dragons Den is here
Thats every musicians dream! Hope some day i will also make it as a musician 😢
" Can you sing Lori ?!" 🤣
- Mark Cuban
Been seeing this advertised EVERYWHERE the past couple days.
Barbara: you said gifts and for that reason I'm out
Damon was an unnecessary add on
i felt sorry for Lory ... ❤️❤️❤️
she even did not get a chance to offer. 😜😜😜😜
Mark and Peter be the richest and the tallest ones there XD
Was kinda cute seeing Peter surprised they mentioned him in the song😂
I can just order this on fivver.
Lori never said she was out on this one
Amazing idea. I will definitely be using this 100%
That was the greatest deal
Didn’t realize how tall Peter was until 10:04
I can see people just asking them to compose song for them for other purposes not just for someone
can you sing, Lori? savage.
😂😂😂😂 Mark gives Lori such crap.
Lori left out at the end! 😂
He could’ve squeezed at least another 100K out of the sharks and they would certainly have done it! Too bad. Too soft. But I wish you all the best of luck!
the guy almost spoilt it with the unreasonable counter at the end. he could have said 600K and got it
Forecasted revenue for 2022 was $5 million
For that concept...take any offer you can get
Cool idea. Very creative.
i love this shark tank 😍 I'm doing the same here in Zimbabwe
why do I feel they got ripped off
no idea
What's the name of their company? Anybody have a link to their website maybe ?
This is the first time I ever saw all of them turned on
they shouldve lowered the equity at 32% for 500k @8% each
I was expecting him to ask 600k (so its 150k each for 10%)
I cannot believe he played the black card
😂😂😂😂😂
LOL. I had this idea over a decade ago. I wrote and recorded birthday songs for friends and family for years. Well, there goes yet another business idea I never followed through on. Edit: Oh vey, after listening to their song, I'm really kicking myself now. That was horrid.
Yeah that was pretty rotten Daniel
hey this is crazy, i wanted to write the same: i`m about to start my first business but i had the EXACT same idea for my second business, i knew this is so good that i have to make it in the future. As soon as they came in i was 99% sure they have MY idea.
Me too
Service inspired from Phoebe Buffay's "Smelly Cat" obviously.
Lori didn't even say she's out but she got left out so sad for her :(
They need to charge more. I do this alone, that price is not worth the time
As of May 2022, the company has a net worth of at least $2.6 million.
good deal
Mr global got mark sooo interested
good working idea
Barbara called in to say she's out