The moment she holds the patents she just stops selling it, or sells it under her company at the original price then sell under then original company at 10x the price. Old scam
I never understood why rich people want to get more greedy when they have more than the average. You can have billions, but you're leaving earth with nothing, just like broke people. Imagine if all the billionaires in the world came together and stopped hunger and poverty it could be done, but there's no money in it.
@@callahan1492 No, that's literally stealing their product and making all the money on it that they could make, and also being free to dump the product anytime she wants, and they have no rights over it. She is a vicious shark.
@@brando3342 except for the fact that he get 1 million risk-free and still has some royalty. Bro, let's be real. it's not a perfect world, a buyout is always an option when less than 5% startups break even on cashflow. Up til the point he sold his company to Lori (that let me remind you, he agreed on 95% for 700.000 and maintain 5%), he has around 1 million dollars in sale, THAT'S FOR 5 YEARS, he's on a loss since the beginning of the company, AND ON TOP OF THAT, his sale WENT DOWN the last 2 years, and he had nothing left in cash. So, his 3 million dollar valuation was bullshit (he asked 300.000 for 10% equity), the 50 billion USD market share he claimed that he's in was utter bullshit. I'm not siding with the rich, but if anyone was left with less after this deal, it's Lori.
@@callahan1492 I was using “stealing” hyperbolically of course. Shouldn’t have used “literally” like that though, granted haha On the face of it, I still think she was scamming him with that deal. There’s a reason she accepted a deal with 5% equity like he asked for. It’s because being bought out, especially by these sharks almost always means you are missing out on a ton of money.
*For as long as the company is running. Until it files bankruptcy and then a suspiciously new brand pops up with the same product 🤔
The moment she holds the patents she just stops selling it, or sells it under her company at the original price then sell under then original company at 10x the price.
Old scam
These sharks are sharks
I never understood why rich people want to get more greedy when they have more than the average. You can have billions, but you're leaving earth with nothing, just like broke people. Imagine if all the billionaires in the world came together and stopped hunger and poverty it could be done, but there's no money in it.
name?
I think it’s dolphin bowl or sumthin
Legacy Shave
Shark tank
Mug
3% my azz
These sharks are full of bullshit
Yea you not bright 😂 its literally good deal 1mil and 3 %royal
1 million upfront, 3% net sale for life. That's the most non-bullshit deal ever.
@@callahan1492 No, that's literally stealing their product and making all the money on it that they could make, and also being free to dump the product anytime she wants, and they have no rights over it. She is a vicious shark.
@@brando3342 except for the fact that he get 1 million risk-free and still has some royalty. Bro, let's be real. it's not a perfect world, a buyout is always an option when less than 5% startups break even on cashflow. Up til the point he sold his company to Lori (that let me remind you, he agreed on 95% for 700.000 and maintain 5%), he has around 1 million dollars in sale, THAT'S FOR 5 YEARS, he's on a loss since the beginning of the company, AND ON TOP OF THAT, his sale WENT DOWN the last 2 years, and he had nothing left in cash. So, his 3 million dollar valuation was bullshit (he asked 300.000 for 10% equity), the 50 billion USD market share he claimed that he's in was utter bullshit. I'm not siding with the rich, but if anyone was left with less after this deal, it's Lori.
@@callahan1492 I was using “stealing” hyperbolically of course. Shouldn’t have used “literally” like that though, granted haha
On the face of it, I still think she was scamming him with that deal. There’s a reason she accepted a deal with 5% equity like he asked for. It’s because being bought out, especially by these sharks almost always means you are missing out on a ton of money.