@@jrendon137You’ll eat your words in a couple years buddy. Let me know when you make it on shark tank lol what HECTOR did in 20 years you couldn’t do in your lifetime 😂😂
@@NickSiebecker he did say that he was really impressed with t:he taste. As insufferable as Keven can be, I do respect his assessments...I like Hector too. There's something waay humble but commanding at the same time about his presence...it must be character.🙂
I love it when other sharks jump in and advise the entrepreneurs. Many people go in this show not knowing terms and dont have the experience and when they get advise from other sharks it shows the sharks actually care about them succeeding.
@@فتاوىوأحكام-ز8ش When Hector continues to fundraise and issues more equity in Tia Lupita Foods, Kevin's 5% portion will not be diluted as part of the enlarged equity base (due to the issuance of new shares in exchange for funds from new investors)
@@فتاوىوأحكام-ز8ش I would like to add that if Hector continues to raise money, his own share become even more diluted. It is hard to say how much without going into the math of it all (it is only 5% so it would hardly make a difference).
its worth 17 mill atm total sales year to day is 25 mil as of 2023 from the moment he started. if his profit marg is 60% of 17mil. its over 10 mil, mr wonderful made double his money plus the interest rate.
@@wilsonsmanz I think we are shocked because this kind of behavior is not characteristic of sharks. They actually pulled Kevin off of Hector who he might have been bullying-- even though they thrmselves had absolutely no stake in him...just so that a good man could win. I suppose we should also remember that this is a TV show where ratings matter; and that the ' feel good , 'help a down brother' kind of pathos evoked, definitely augers well for the pits of our stomachs.
Its pretty often that exactly the same situation happens. All sharks go out and the last make a aggressive offer. Most of the times other sharks like mark advice not to take or counter.
@@fullofgrace91just stop painting Kevin as Evil and the other guy as "good guy" Kevin is a great venture captialist and he has ownership in a number of successful companies and he also supports his companies a lot. Hector was very lucky he was able to land a deal with Kevim
You can tell how badly he needed that by how he collapsed into himself. No jumping or screaming or excessive smiling, just the simple recognition of the payout for all the hard work you’ve done. So happy to see that
I like it. Hector identified Kevin's main issue and addressed it, coming to a solution that works for both of them. I hope he's in business a long time
As a mr wonderful fan that I am there is something about this deal that makes it my favorite deal in shark tank. I love how they found a deal that they were both happy with. Shoutout to lorry for suggesting making the share non dilutable
In this case though Kevin is getting equity that will not dilute on top of market interest on 500k at 36/mos, he’s getting his money back and then some no matter what though, on a biz that is profitable
I’m glad this isn’t a live audience episode, you miss all the lil things like the lil Mexican music & the “story” music . Keep Shark Tank like this 🙏🏽🙂
Coming back here after buying and loving the original Tia Lupita hot sauce. So glad Hector was able to snag a deal and distribute even more to the northeast, like Wegmans. Delicious stuff
He has to pay back 500k at 12.5% interest for 3 years. Then Kevin also gets 5% of the company. So essentially he's paying Kevin to have 5% of his company. And he already said he doesn't get out of bed for less than 10%. That's a bad deal in my opinion unless Kevin really puts his team behind it
Its not that bad of a deal, 12.5% is average these days. He also said he wanted 10% to avoid diluting, meaning as the company grows his shares shrink, so he accepted 5 non dilutable
Daymond now has 2 strikes possibly 3. The first one is the current situation of Bubba's BBQ ribs. The second is "not likijg tacos." The third is "not liking mexican food."
I feel like if Daymond doesn't immediately make an offer or go out, he inevitabily completely contradicts himself at some point. If it isn't socks, i would just stay away from him 😂
Mr Wonderful will get at the very least 562,500 back with the 12.5% interest and with the nondiluteable he’ll get a nice payday in the event of an exit. Great deal for both parties
@@zackng8770 I'm no specialist but that's only if he draws down the credit line all on day one and doesn't make any debt repayments (to anyone as Kevin is first money back) in 3 years. Given that he's profitable and no-one leaves a 12,5% interest debt unpaid if they don't have to, that's an unlikely scenario. Real number is likely somewhere between your number and Robbie's one.
Someone wanna speak on what the definition of non-dilutable deal is for me cause it sounds like a good offer and changing Kevin’s mind like that is something I’ve never seen before 😂
I had tacos and nachos for breakfast today. Leftovers. With some rice and corn. And today turns out to be Tuesday. And RUclips puts this video in my feed. Interesting.
I’m from Monterrey, México as well, and this is truly an honor, I am very proud for Héctor for putting Monterrey and his family in high standards!!! Congrats my man!! Ahuevooo! Así se hace!!! Great deal and yes, at the end all roads lead to Mr. Wonderful haha amazing great episode 🇲🇽 That is just how we are babyyy 💪
9:40, Good for you Mr.Hector, Lori handles Kevin nice. LOC & Non-diluted. May your father rest in peace, let happiness and joy bring you success as his divine blessings. All the very best 👌 👍
🌵I love Tia Lupita. I get their green sauce from Target all the time. Practically drink it out of the bottle. Main thing I love is that the bottles are glass. Even tho that’s normal for most hot sauces, except maybe Sriracha. I hate plastic, aluminum & anything toxic seeping into my food products, including condiments. I can actually taste that seep into the flavor. But Tia Lupita is gr8.👌
I mean…. It’s LIFEEEEE. Things happen & those things make us who we are Character Drive Motivation He LITERALLLLLYYYYY missed his dads 1 month memorial to be on THIS SHOW! Not all humans would do that! 😉 Try to see it from your heart ❤️
5% without any dilution is likely to be far more equity than starting at 10. Kevin didn´t seem comfortable taking that position, probably for that reason.
I think they should just make another version of shark tank like food edition. Where they will get investors willing to invest in food/grocery business. Most of the sharks, don't really dare invest in this business segment. I guess worst case for the entrepreneur is they get the national publicity if they don't get a deal.
Tia Lupita hot sauce is actually very very good. Costco had it and I grabbed a bottle. Enjoyed it so much I grabbed a few more the next time I was there.
Great to see the other Sharks help Hector stand his ground, a win-win for both him and Kevin
because they dont like Kevin XD
How does your comment timestamp show 4 wk ago when this was uploaded 1 hour ago??
Maybe the video was edited or re-uploaded? I actually did see it a month ago
@@Sujo89 yeah lol i just noticed that
@@MuruganNarayanan How come you are the only one in this comment section whose comment is 4 weeks ago?
“Hector, you have a deal.”
I don’t think I’ve ever heard Kevin say that! You could tell when they shook hands that Kevin was truly impressed. 👏
Yeah not many hectors on shark tank
He must’ve really liked the taste if Mr. wonderful is putting 500k for 5% 😂
@@jrendon137You’ll eat your words in a couple years buddy. Let me know when you make it on shark tank lol what HECTOR did in 20 years you couldn’t do in your lifetime 😂😂
@@NickSiebecker he did say that he was really impressed with t:he taste. As insufferable as Keven can be, I do respect his assessments...I like Hector too. There's something waay humble but commanding at the same time about his presence...it must be character.🙂
I think its the fact he made Kevin's 5% non-dilutable which is a pretty good deal for Kevin
I love it when other sharks jump in and advise the entrepreneurs. Many people go in this show not knowing terms and dont have the experience and when they get advise from other sharks it shows the sharks actually care about them succeeding.
I didn't understand the part of 5% non dilutable .... Can you explain to me pls
@@فتاوىوأحكام-ز8ش When Hector continues to fundraise and issues more equity in Tia Lupita Foods, Kevin's 5% portion will not be diluted as part of the enlarged equity base (due to the issuance of new shares in exchange for funds from new investors)
@@zackng8770ok ... Now i got it 😅... Much appreciated zackng 🙌
@@فتاوىوأحكام-ز8ش I would like to add that if Hector continues to raise money, his own share become even more diluted. It is hard to say how much without going into the math of it all (it is only 5% so it would hardly make a difference).
@@henrypeters5291 5% makes a difference. when we talk about percentage wise, every half percent makes a difference
I am glad this guy got the deal. I hope this brand turns into a success! He was ALL IN!
Dude Ive had their sauce, its amazing!
I bought this stuff in 2021, never even knew they were on shark tank till now.
@@brendDunthis deal was just on season 14 so it just aired recently last season
All in doesn't look like he eats that healthy he could easily lose 50 LBs
its worth 17 mill atm total sales year to day is 25 mil as of 2023 from the moment he started. if his profit marg is 60% of 17mil. its over 10 mil, mr wonderful made double his money plus the interest rate.
It was refreshing to see the other sharks help Hector make a deal, wholesome deal all around. Rest In Peace to his father, he'd be proud.
Nope! Dumb comment 😊
@@nolancho ☝🏻🤓 “according to my analysis”
That’s awesome seeing the sharks help hector out to get a deal with Kevin , I’ve never seen something like that before on this show 🥂
Pretty much the exact same comment I was about to make. I've never seen it either
@@wilsonsmanz I think we are shocked because this kind of behavior is not characteristic of sharks. They actually pulled Kevin off of Hector who he might have been bullying-- even though they thrmselves had absolutely no stake in him...just so that a good man could win. I suppose we should also remember that this is a TV show where ratings matter; and that the ' feel good , 'help a down brother' kind of pathos evoked, definitely augers well for the pits of our stomachs.
@@fullofgrace91who the fook is this guy ?
Its pretty often that exactly the same situation happens. All sharks go out and the last make a aggressive offer. Most of the times other sharks like mark advice not to take or counter.
@@fullofgrace91just stop painting Kevin as Evil and the other guy as "good guy" Kevin is a great venture captialist and he has ownership in a number of successful companies and he also supports his companies a lot. Hector was very lucky he was able to land a deal with Kevim
I appreciate the Sharks jumping in and guiding the guy with Kevin. Seems like an overall better deal.
Damon not liking tacos is border line psychotic…
That's a sure sign of a lizard person.
Im not fond of them either.
🤣😂
There are bad tacos. Sometimes too crunchy or soggy. Just bad. A good taco is very different. He may have had bad experiences.
Ι hate tacos
You can tell how badly he needed that by how he collapsed into himself. No jumping or screaming or excessive smiling, just the simple recognition of the payout for all the hard work you’ve done. So happy to see that
I like it. Hector identified Kevin's main issue and addressed it, coming to a solution that works for both of them. I hope he's in business a long time
As a mr wonderful fan that I am there is something about this deal that makes it my favorite deal in shark tank. I love how they found a deal that they were both happy with. Shoutout to lorry for suggesting making the share non dilutable
Someone probably spoke into her earpiece.
It’s so beautiful how all the sharks got behind him to make the deal work
I’m glad the other sharks spoke up to help him get a good deal. Sometimes us regular folks don’t know the right verbiage
It’s always nice a pitch sounds genuine!!!!
The guy has a very pleasant presence.
The non diluted %5 can worth much more than the diluted %10 in the long run.. daaam, Kevin knows how get his deals..
Kevin: I don't know if I should invest. Lori’s right: You have too much debt.
Also Kevin: I'll give you 500k as debt...
In this case though Kevin is getting equity that will not dilute on top of market interest on 500k at 36/mos, he’s getting his money back and then some no matter what though, on a biz that is profitable
@@eriasusensei5160the last thing he needs is more debt, when he already has wayy too much.
Damon has taken over the mantel of worst shark. Taking Barbara's spot
The news that he scammed the rib guy put him over the top
@@theblackflame4002 exactly, and promoted scam nfts that lost most of their value
@@theblackflame4002how did he scam?
@@nickanzalone7265 do you know this is called internet? So easy to search it instead of write that comment.
@@MultiJejjeso how did he scam
I’m glad this isn’t a live audience episode, you miss all the lil things like the lil Mexican music & the “story” music . Keep Shark Tank like this 🙏🏽🙂
When all roads lead to Mr. Wonderful means somebody is about to get a lot of pressure lol
the low trumpet is on point.. give that musician/audio tech a raise.
People buy from who they like...and I like this guy, he had me sold
the way that mark is always there to help and support the entrepreneur when there is a rich sharply offer
Coming back here after buying and loving the original Tia Lupita hot sauce. So glad Hector was able to snag a deal and distribute even more to the northeast, like Wegmans. Delicious stuff
He has to pay back 500k at 12.5% interest for 3 years. Then Kevin also gets 5% of the company. So essentially he's paying Kevin to have 5% of his company. And he already said he doesn't get out of bed for less than 10%. That's a bad deal in my opinion unless Kevin really puts his team behind it
Its not that bad of a deal, 12.5% is average these days. He also said he wanted 10% to avoid diluting, meaning as the company grows his shares shrink, so he accepted 5 non dilutable
Well it’s basically getting a loan to have Kevin as a mentor and to use his connections as I understand it
I’m surprised that Mark didn’t bite on this. It fits in with his health food businesses.
Too spicy
@@Uwumeshu😂😂😂
@@Uwumeshuthe fool went straight for the habanero
The “tortillas for everybody” at the end had me cracking up. Seems like it was edited in but that’s my kind of guy.
I love when people can make a deal, and both are happy. It is not easy to see that today
Daymond now has 2 strikes possibly 3. The first one is the current situation of Bubba's BBQ ribs. The second is "not likijg tacos." The third is "not liking mexican food."
😂
What’s up with Bubba ?
I’ve never heard anyone in existence say they don’t like tacos. Seriously it’s the first time I’ve heard that.
If they sold a Mr Wonderful bobble head, id buy one.
Me too 😂
Bruh they'd sell out
The smile from kevin while accepting the deal he got not only a deal but respect as well
How do you hate tacos?
Right???? I’ve never heard anyone say they hate tacos
I bet Daymond is one of those people who taste cilantro like dish soap. It happens.
@@John-ir4id is that a thing? 😂
@@stevenloukinas2337 yep. I know four people who can't stand cilantro, saying it tastes like soap.
When all else fails get emotional for a deal lol
I feel like if Daymond doesn't immediately make an offer or go out, he inevitabily completely contradicts himself at some point. If it isn't socks, i would just stay away from him 😂
😂
Mr Wonderful will get at the very least 562,500 back with the 12.5% interest and with the nondiluteable he’ll get a nice payday in the event of an exit. Great deal for both parties
Actually, Kevin will be receiving $711,914.06 once you factor in compounding. It's a three year (36 months) debt
@@zackng8770
I'm no specialist but that's only if he draws down the credit line all on day one and doesn't make any debt repayments (to anyone as Kevin is first money back) in 3 years.
Given that he's profitable and no-one leaves a 12,5% interest debt unpaid if they don't have to, that's an unlikely scenario.
Real number is likely somewhere between your number and Robbie's one.
I’ve done finance deals and always worried that the other side’s gonna fold. It’s a very big risk
hector said in an interview that kevin is really nice person . whatever persona is on shark tank , he is just having fun😅
Mr.wonderful was interested when he said chef wonderful is looking for that type of product in his line
Someone wanna speak on what the definition of non-dilutable deal is for me cause it sounds like a good offer and changing Kevin’s mind like that is something I’ve never seen before 😂
I think it means if the company is ever sold, no matter what, that 5% will always be his. It doesnt belong to anyone else and never will
@@OriginalSirSpeaksAlot Hmm okay that does make sense 🧐
I hope this deal suceeded. This was a nice negotiation.
With his reach in so many different states, he could have easily got a loan below market rate WITHOUT losing equity. Kevin finessed him.
I notice that Mark does not like Hottt food...at all😮😅
I'm from Monterrey, I'm glad to see a Regio on the program and also getting a deal, somos chingones, amonos!!!
I had tacos and nachos for breakfast today. Leftovers. With some rice and corn.
And today turns out to be Tuesday. And RUclips puts this video in my feed. Interesting.
Sooooo non dilutable equity is a negotiation tactic....... Noted!
@@hrxmotive8311pretty sure its permanent
Holy crap I just felt like this guy deserved a deal….man o man! Good for you bud!
Good product. Sharks helping the deal get finalized. Win. Love it!
I’m from Monterrey, México as well, and this is truly an honor, I am very proud for Héctor for putting Monterrey and his family in high standards!!! Congrats my man!! Ahuevooo! Así se hace!!! Great deal and yes, at the end all roads lead to Mr. Wonderful haha amazing great episode 🇲🇽 That is just how we are babyyy 💪
The company is now worth $17M and has $25M in sales
I love when Kevin makes a deal
Genuinely glad Hector got that deal. The product is a really good idea.
Kevin About to make an offer
Guy says a very sad touching story
Kevin - So as I was saying, this is my offer
😂😂
Getting the deal you pretty much asked for, from Mr. Wonderful.
Well done.
Be aware of their pain points and you can come up with a creative offer to negotiate the "non-negotiable"
At least the sharks actually help the entrepreneurs it’s nice to see that
Let's say that loan is paid in only 5 years. Ultimately he just paid 310k to give up 5% of his company.
He should have jumped into that, he's already doing bad, but if he's confident in his product it'll sell with someone sponsoring it
Damon just gets worse and worse each episode 🤦🏼♂️ hates tacos? Unbelievable
Felicidades Héctor!!! desde Monterrey!
9:40, Good for you Mr.Hector, Lori handles Kevin nice. LOC & Non-diluted. May your father rest in peace, let happiness and joy bring you success as his divine blessings. All the very best 👌 👍
Did Mr. Wonderful just negotiate? Rare occurance!
When my family watched this pitch, we grabbed our bottle of Tia Lupita and chips. Our geeky support!
Lori saved the day 🎉
glad hector got the deal...he was so passionate about it. Hope he does well in the future.
Great job "tocayito" mucha suerte!!!
“In Great Deals Both Sides Feel Pain”
Damon not invited to the carne asada
I was cheering for that guy, what a good guy. Good deal for both
i love it when they play the slow music in his story
HAHA so happy for his counter working
The negotiation of this pitch slaps harddd
You have to bring the whole sharks in against Kevin to win a deal with him 😂
Happy for you Hector!!
Man, I'm glad he got a deal
All roads lead back to Mr. Wonderful.
For a TV company, Sony can't seem to figure out the volume settings on their videos.
The non-dilution play is one not enough entrepreneurs know about!
i wish my coffee was non dilutable
kevin: All roads comes back to Mr wonderful
The guy: well i heard it sooo many times
Mark: Unfortunately so do we
😂😂😂
🌵I love Tia Lupita. I get their green sauce from Target all the time. Practically drink it out of the bottle. Main thing I love is that the bottles are glass. Even tho that’s normal for most hot sauces, except maybe Sriracha. I hate plastic, aluminum & anything toxic seeping into my food products, including condiments. I can actually taste that seep into the flavor. But Tia Lupita is gr8.👌
This Hector dude is very knowledge .
Mi paisano de Monterrey!!! Long live the city of mountains!
I hate when they use something tragic that happen to them so they can get a deal
It's business tactics it's not like this guy cried though others Start crying u can tell he was genuine
I mean…. It’s LIFEEEEE. Things happen & those things make us who we are
Character
Drive
Motivation
He LITERALLLLLYYYYY missed his dads 1 month memorial to be on THIS SHOW!
Not all humans would do that! 😉
Try to see it from your heart ❤️
It's very tactical and manipulative in shows like this, severely overused.
Notice the Spanish/salsa music playing in the background 😂😂😂😂
That picture of his mom😂😂😂😂😂😂
FYI deals are closed and deals change to only equity not a loan anymore. Source from podcast where hector become guest
Hector, we need to cook
I thought this was Steve Wozniak pitching the IPhone.
😂Steve's lost brother.
5% without any dilution is likely to be far more equity than starting at 10. Kevin didn´t seem comfortable taking that position, probably for that reason.
I thought that was Steve Wozniak 😂
I still feel like Hector got hussled in this.. 12.5% interest is wild 😂😂
First time i ever believe i just don’t get mr wonderful he thinks way smarter than i ever would think on deals wow!
Fix your audio and volume issue on this channel
I’m surprised Kevin didn’t think about non dilution
I didn’t know they were on shark tank. I’ve only found their stuff on clearance and anytime I want to try it again , it’s never in the store
Ah I've seen this brand from when I worked at Whole Foods! Curious to try it
I like this guy I hope he did well
I think they should just make another version of shark tank like food edition. Where they will get investors willing to invest in food/grocery business. Most of the sharks, don't really dare invest in this business segment. I guess worst case for the entrepreneur is they get the national publicity if they don't get a deal.
Barbara does
IT IS THE MOST SATURATED MARKET. YOU ARE NOT GOING TO CONVINCE ANYONE TO EAT HEALTHY WITH GLOSSY PACKAGING DESIGN
Billionaire offering a LOAN at 12.5% interest: “I’m taking a huge risk”
Tia Lupita hot sauce is actually very very good. Costco had it and I grabbed a bottle. Enjoyed it so much I grabbed a few more the next time I was there.
Bought the OG sauce here going to try out after!
Kevin- I’m not flexible..
Hector- is there any flexibility on the equity?
😂😂😂😂
I like this guy, gonna have to see if Publix has them and try them out.