"You DON'T Spend $450,000 To Have 5 People 'Maybe' Using It!" | Shark Tank AUS
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- Опубликовано: 21 фев 2020
- iRecruit's Aleksandar Svetski is asking for an investment of $200,000 in exchange for 2.2% of ' iRecruitcompany. The pitch was based on a hefty company valuation of $9,090,909.09. The Sharks dig into Aleksandar's past and see he is a business hopper...
Company Website: irecruit.net.au
An international sensation, Shark Tank AUS features entrepreneurs pitching for investment in the Tank from our Sharks, five venture capitalists willing to invest their own money in exchange for equity.
As Seen On Shark Tank Australia Products: amzn.to/2ZJBbyf
Shark Tank US Products Collection: amzn.to/3bMNjmI
#SharkTank #iRecruit #SmoothCustomer 
Развлечения
This is the typical dude you see in the ad before watching the video saying that he makes 300$ a day and you can do the same if you buy his course
🤣🤣🤣🤣
And the course is bloated with rhetoric, lacks any substance beyond “copy what im doing hehehe” 🙄😂
LoL I just got a ad like that
😭😂😆
I see you're also a CoffeeZilla fan too :) He exposed tons of scammer, but there are always more out there.
This is the type of guy that starts a company just to put “entrepreneur” in his bio
He sees getting investors money as the goal rather than actually creating a business.
Doing it for the Gram
He got lucky making a few good calls gambling his scholarship money and he thinks that money makes him some genius lol
Yeah but I mean aside he’s pretty wealthy dude should just stay as an investor should be tryna be a shark not presenting to them
LOL
“What do you mean by pay back?” Just what every investor wants to hear lmfao
I couldn't believe that came out of his mouth. X.x
I was lost for words when that left his mouth
At least he was an honest scammer. Not everyone, who is selling you a dream is willing to tell you that you ain't gonna get anything back. Gotta give him credit for being an honest scammer.
He was selling equity in his company. There is no money that is paid back.
@@rettoc2599 That's the problem, what equity?😂 That evaluation is based on profit that "could" potentially be made if you lend the guy money. He is pricing this so called equity like his company is on track for making insane profits.
Steve must have been really pissed off, he didn’t ask where he was from? Lmao
He was so angry he kept looking at his watch... lol
Mike Janson 9m with no customers 😂
Wherever he's from, he can fuck off back there!
Mike Janson hahaha best comment.
Guy literally is delusional or on drugs lol
This guy definitely had a bitcoin course for $2,499.
He actually has a bitcoin start up,
I've met him irl before, he's an ok bloke gives scammy vibes tho
His entire twitter is about bitcoin whaha
lol just checked out this guys linkdn
forget course he literally made an academic institute dedicated to bitcoin LOL
are you guys influenced by coffeezilla dude hahahaha?
Lmaoooo so true
This is the kinda guy who all his life has been told that he’s charming and smart, but in reality is actually very average but is prepared to screw anyone over.
probably never been told that, just told himself that
@@reidleblanc3140 Nah his parents definitely told him
A narcissist
😂😂😂 what a scammer
This guy literally did exactly what the Sharks thought and he bailed on his company, and he bailed before the episode even had a chance to air! 🤣😂🤣
That’s funny af thanks for the update
Hahaaaaaa no way
but its the first in the world!
Can you explain? He seems like a con artist
I stumbled upon his LinkedIn while trying to research what happened to him or his company... well oh well, you wouldn't believe but he has only stayed for a lot of his businesses for around 1-2 years and flipped over to a new one. And mind you, he is always the Co-Founder/CEO/Founder of all of his ~2 year businesses
The reason why software like this is BS is because is easy to cheat. You can just write keywords on your resume and you'll get instantly matched whether or not your have the skills.
That depends on how it's built, but yeah I doubt this was ever more than just a simple shitty programme that rank based on number of keywords. After all no one is going to develop an actually interesting piece of software for a quick cash grab
You are correct. Unless there is some sort of standardized test that would rate you. Like those "Strongly agree/Strongly disagree" assessments. If it's just off of resumes then it's a no. Plus, everyone lies or fluffs their resumes.
Plus it doesnt take into consideration outside factors that may exemplify someone from a negative aspect that you dont want. Maybe lay offs...
For example:
My old boss that hired me at Bed Bath and Beyond back in 2017 got laid off after 1 year when the company essentially "got rid of the job titles" of about 80% of their salary managers. (It was brutal. We lost about 10 managers that day and I cried) she then went to Toys R Us and was hired as a salary manager. 4 months later she was laid off when the entire company shut down. Then, she went to Shop n Save as a salary manager. 4 months later, that also shut down and all stores were removed from the tri-state area. None of the times that she was let go from those stores was it her fault. She just so happen to catch those store when they were already struggling and in the process of closing but it was hidden from the public and the employees until the last minute. The algorithm could dismiss her if the employer is looking for someone who has seniority in a job. Her having 3 different jobs within a year wouldn't be a negative thing on her part per se. She is probably one of the best and hardworking managers I have ever seen and taught me everything that I know about customer service. A crappy app could overlook this over something she couldnt control.
This is why human interaction is best for these types of things. Employers are missing out on ideal employees by using crap like this.
No thank you. I run my own law firm now and I look over every app for every position. My maintenance men to sanitary technicians, I am the only person that reviews resumes and conducts interviews. For a little while, I had a third party doing it and they were sending me misses. My turnover rate shot up when I went through a third party service as well as I had 3 employees steal from me on 3 separate occasions. I discontinued use after a year of bad employees. Ever since I took over hiring again, I have really gotten some keepers.
Zip recruiter and indeed do very similar things. And quite successfully
& he’s valuing at $9m+? freakin nerve of this guy!
@@redbeardreturns3550 not really, because you can still search out jobs to apply for and the employer still makes the decision on who gets interviewed. Indeed just suggests.
As an employer i would never trust an algorithm when hiring someone.
100% agreed. The day a computer can understand a human being's infinite complexity, it will indeed be snowing in Hell!
When I was younger looking for jobs, I absolutely HATED sending CVs through into the black hole of the internet. The only way I ever got a job was by asking or knowing someone. This automated shit is ruining the world lol. And what can it possibly determine from a CV where people are trying to keep things concise and "professional"? It won't be able to determine someones personality type, motivation, demeanor, etc -- the only way is by interpreting the best you can and then having an interview with said person.
I agree with you that I wouldn't trust an algorithm to hire someone either today. However... Once AI technology advances enough, I could easily see Facebook or someone big who has data on hundreds of millions of people doing something like this. Once you have enough personal data about people, it's not all that hard for an algorithm to determine their personality traits, how trustworthy they might be, what passions they have and what they are good at.
If anything, an AI could weed out the obvious bad matches for large companies. Smaller companies are probably going to be way better off by doing hiring simply by themselves in the future as well. In fact, this was one red flag for me about his pitch. He was asking like, what, 15 dollars per month from customers? Small companies won't be interested in this, it's the big ones, and there aren't that many of them in total. So this should be a premium product to begin with, aimed at large companies who get thousands of job applications every month.
Right algorithms can’t even find me the goddamn right video on RUclips how you gunna hire someone 😂
And that's why people can get jobs
This dude is somewhere between ages 20 and 50. Cant tell
he said 29
Callan Walker they mean if he never said his age based on his look you couldn’t tell his age.
He already said he is 29
Otherwise known as the mid-thirties.
@@callanwalker9909 have you never heard of a joke?
Hi sharks, im asking $9 million for 100% of the dream i had last night.
Hahahaha i laughed so hard. Pretty much sums it up 🤣
Sold
HAHAHAHA
This should be pinned
he's one of the most punchable people I've ever seen in my life
Hafiz K. Lol
Mans is 29 and already balding 😅
Same
I just typed the same thing and looked at the comments lol I didn't steal the comment honest lol
Lol, I was thinking the same. I'd never trust him with a dime
He’s not sweating, it’s called liquidation.
Underrated comment
W
Very clever ! 🤣😅👍😉
"We're gonna do a demonstration" _gives them a giant useless stack of paper_
That he never referenced again. Lol
Stack of papers equivalent to the valuation of the company
Tbh the sharks went pretty easy on him, imagine what would have happened in Dragon's Den lmao
Would of loved to see that. Lol
Peter Jones would've eaten him for breakfast xD
If he was on the US version Cuban would of destroyed him
I could just imagine peter saying "you are completely delusional"
Shaney P or Duncan (if he were still on it) ‘this is absolutely ridiculous, you’re speaking rubbish I’m out!’
This guy seems like he should be selling used cars
Or a real estate agent 😂
John Patz Amazon dropshipping
I think that was his background. I hope he didn’t quit his day job.
Extended car warranty sales.
Hold on, the guy admitted to stealing his scholarship grant money, dropping out of Uni., and then using it to make a small fortune. Who the heck is going to invest their money with an admitted thief?
@Steph Daigle usually a grant is awarded to a person based on a promise of what they would spend it on. if someone was given a grant for education and instead used it on other means, thats defrauding the organization who was trying to grant someone a free education. if he would have been honest saying he wants an education grant but wont spend it on education, he would have been bypassed during selection for the receipients of the grant
@Steph Daigle I work in purchasing and alot of the money is grant money. There are very specific purchases you are allowed to make with the money and require a detailed paper trail to ensure you used the money for what you applied for. I can't believe he wasn't audited and made to pay it back. That's literally fraud.
Lå
could have had a stipend, it's quite common for kids on scholarships to have left over money
@Steph Daigle grants have stipulations, and in the professional world you have to track your spending and report back to the granting organization. It’s not a gift.
I wouldn’t even blame Jenny for being out on this one
yet u still made a jenny joke
Yooo lmao
😂😂😂😂
We should put the saying on a t-shirt
win!
Australia seems like the coolest place on earth. No matter how serious the situation they are always calling each other mate and using slang
Z. m Sure mate🙄. Lol
We are the coolest place on earth 💗
@@taliehughes4341 I will agree to that but only because y'all got 🐨 s
@slam zamillion
Same here in the UK. If anyone calls anyone else "My friend...", they usually mean the direct opposite :D
@@NellSmith that's true in America, as well. Especially if they say "buddy"
I wonder what was going through his mind while offering that extra 0.2% in the 2.2% offer.
That was for the paddle shifters option on the Lamborghini steering wheel.
It's like those shops that discount items at "x.99"
Maybe hoping they'd negotiate to 2.5%
It made valuation of company like 909090909.09 something of that sort. You ask why this number, "It looks kewl...."
he's so precise and specific that we regular & unentrepreneur people can't understand even if he tells us
You don't say to an investor "product market fit, you've heard about that right" because that is either ignorant or passive aggressive/defensive.
the guy learned one thing from his 2 semesters of uni and he thinks he can going around lecturing the sharks.
You should read his response to this episode written on Medium.
He argues the show is "selectively edited" or something, but makes no real argument in his defence outside of that and some weird appeal to stories of "other great people who were told they were crazy"...it's got to be nice to be this delusional.
@@dormiebasne3578 lol that's hilarious, like complaining about the reality tv format is one thing, but delusions of grandeur is another thing entirely.
@@dormiebasne3578 do you have a link? This guy is more of a turd than I thought hahaha. He just has a weird vibe about him, maybe has a drinking or drug problem. I know people with similar personalities and there is always a vice lurking under the surface. Could be wrong, but as I said in another post I would never trust this guy with a single penny lmao
@@Houseofpheromones0 yeah i get the same feel, i'm a (bad) entrepreneur but i learned one thing and that is your job as an entrepreneur is the same as everyone else: to give something valuable to society. for guys like this they think the mission is either to 1: make lots of money personally, or 2: become some kind of celebrity/idol/guru.
maybe this was because he got into trading early, in that industry everything is just dollar signs. i grew a similar mindset when making money that way but i wasn't so young that it defined my entire personality.
being familiar with a guy like this he probably rips off retail investors as his main source of income. this is what makes him so scary...
They're criticizing him while he has the creepiest smile on his face. That sent shivers down my spine too.
Exactly. He behaves kind of scary.
@@CalopsitaVanderbilt1911 His back story led him to this point in his life. I'm interested in his transformation into this form of himself. I'm sure some of the inflection points were pretty erm, severe.
I love how Andrew has hundreds of millions of dollars but still uses a calculator that looks like it came out before world war 1
It doesn't look that old lmaoo it's at the oldest 80s
I just spent 2 hours falling down the "history of calculators" rabbit whole because of this comment
@@StUCaboose and people say adhd is nOt rEaL hahaha
your comment is relatable af- i did the same yesterday except it was the history of neonatal incubators lmao
@@StUCaboose you welcome
Judge Judy used one on her show that was almost as old as she was.
Being called a smooth customer isn’t a compliment, but he sure took it that way.
“What do you mean by payback?” 🤦🏼♂️ That sums up this guy perfectly.
Even his own hair dislike this guy
he has cancer
Adam L. Does he?
Jimi Lewis no
@@7-up813 How sad if this is true?, but yes I thought there was some illness responsible... :o/ I pray all gets better within treatment for him.
@@kingdomperspectivesmindset5595 I was only guessing but I believe we are right, you are a good person to wish him well
This dude is so sly, I had to check my pockets after watching this.
lol
🤣🤣🤣🤣
Bwahahahha 😂
This guy is the kind of guy who considered himself CEO of his paper round as a kid.
Update: before this episode aired the founders left the company and it was placed into liquidation. It would appear the investors lost money on irecruit. There's an article on it if you Google it. The founders are now working on a new company which is a startup coworking space.
Coworking… haha
🤣
Imagine going on Shark tank for good publicity then getting shafted and sent backwards
I've never seen the sharks so pissed before !
Got pissed just from watching this
They were TOO polite. He deserved something way harsher. They even said "good luck" to a thief
He was rude as fk
Not pissed enough
"hAvE yOu hEaRd oF MaRkEt FiT?" says the guy who spends 500k and 2 years on something that didnt work
500k of other peoples money!
"Wouldn't say shiny"
*is sweating buckets* 😂😂
Steve had taken off his glasses even before he started. The lad had no chance.
"that's cause it never happened" ... damn he got him good there.
Svetski...I would sweat as well trying to raise at a 9 million valuation with no customers.
Its a good way to insult serious investors !
Went into liquidation before this episode even aired.
Michael Bell seems like he knew what he was doing. If it failed to get an investment from them, he just bails. Sounds like he was gonna run with the money.
Michael Bell
Of course it did. It’s a scam. It’s a money funnel that suckers college kids to pay subscription fees. They are popping up and falling off all over the place.
@@Ownage4lif31
From what I could read online it seems more like the founders got ousted when the investors realised that this whole thing will go nowhere and liquidation to recover at least some of the money is a better solution.
He definitely makes a video package for $100 on "How to get rich in 3 months, FAST!"
"You don't have a track record of running successful businesses..."
"I do."
"No, you don't."
You could tell even Andrew was ticked there. Wow.
When debt collectors call... “What do you mean by pay back?”🤣
Rekt on shark tank and now rekt by Richard Heart! This guy can't stop taking L's.
Lmao
im just tryin to figure out what his hair is doin 🤣
The loss of hair on the side of his head is weirding me out.
Coulson Beach just like Jenny, it’s out!!
Chakravarthi Periasamy nah he’s just balding mate. Probably stressed from all the investors he’s defrauded
Coulson Beach falling out!
Looks burnt lol
"The level of acumen you haven't displayed today is positively scary" lol so verbose.
5:50
Imagine if he actually only spent 450 lol, bold of him to assume he meant 450k.
By the time this episode aired, this guy and the other founder stepped down and liquidated the company. They also talked trash about the show and said they didn't even want a deal and it was all staged.
Really, it was all staged,, gosh, by the way it's Christmas today, so, even though I doubt you'll read this today,, merry Christmas, hope you have or had a great day, 😊😊
@@Silvertongue8 I'm reading it
@@Silvertongue8 so wholesome, what a sweetheart
@@scee8474 :-):-)🎶🎶
6:00
-You've got 5 people to maybe use it...
-Yes
-Where are they from, mate?
lol
"Not Queensland"
Steve: "I'm out."
Did you notice that Steve was actually angry at the dude. He didn't want to know where he's from.
😆😆
His inability to evaluate good products was also exemplified in his debate with Richard Heart
Sheeeeeesh 😮💨😂
💯
And by “good product” you are referring to hex😂😂😂
lol imagine Richard Heart on this program pitching a Ponzi scheme 😂😂😂
@@darbsllim do you think he would bring his louis vitton bag lol
That’s a low hair to age ratio
Damn! That's a rare insult indeed.
His hair looks fine to me
His Hair is having stock to flow issues
I love Steve Baxter's facial expressions and reactions 🤣 He's the best shark imo
Here from RH stream…. Alex said he was 26 when he went on shark tank but told the sharks he was 29?
Alexander Svetski's business turned out exactly the way he had in mind.
He raised $550,000 then liquidated his business. He made bank then ran to get a new scam.
"What do you mean by pay back?" lol
"Because you never paid back?"
'Im supposed to pay them back"?
Absolute narcisist. Pure grub
He's about to debate Richard Heart about BTC and HEX
Richard Heart Wiped the Floor with him too was EPIC
Sharks showed too much patience, and i love how deciplined they are, like the toppers of the class.
It seemed impressive when he said he made his first 1m at 22 yrs old. But by the end of the pitch it seems like he either A) Just turned over 1m of sales in random shit, or B) scammed a bunch of people. This guy is slipperier than a gypsy.
Yeah, he seems like the kind of guy that would count up the revenue to 1m without subtracting the costs.
Daniel Son this guy obviously follows Gary vee on Twitter
His personality is that of a con man, even if, for liability reasons, I can't really say if his methods are illegal in the US or Australia.
How does he think this is going to work on like experienced investors? And he's not gonna get exposed?
exactly. Actually i already knew the moment he smirked when he had to repeat his vaulation... and waited for them to calculate and blurt out 9 million.
“Slipperier than gypsy” wtf is that supposed to mean🤣
i love how quickly his confidence disappeared as the sharks started calling him out
Once Naomi realized this entrepreneur was looking for a two year exit, the pitch was over. Investors don't want to hear of quick exits because it shows no passion which the entrepreneur could stop working hard on the business at anytime.
When they say “scary” i 100% agree, my radar was going off like crazy..
Uh huh forget all those other "Software as a Service" models...this is the first "Service as a Software" model ever invented lmao
I had to watch a second time to realise he said that, haha
...I noticed that too, twice.. at 3 mins & then 30 seconds later...
If you drop enough buzzwords you get investment. Just got to remember which words come first
I find people who say “absolutely” to not be very trustworthy.
I absolutely agree with you
@@TheJosethemaster You're absolutely hilarious😂😂😂
Youre right 😶
@@TheJosethemaster I absolutely see what you did there 😜
Bang on there
HE SPENT ALL HIS MONEY ON HAIR TRANSPLANTS
Lol. That’s bad.
He got robbed
this guy is has potential to be the new wolf of wall street. he has a evil look to him.
Lol it would probably inflate his ego if he heard you say that
I came here to continue laughing from the HEX interview 😂
7:01 Steve is not taking it.
if this wasnt on tv i think it could be worse lol
Half of the show itself, is just Steve huffing and removing his glasses xD
Wow... and Glen literally called him out on burning 🔥 people!
Go Glen ! 👏👏👏👍
I wish there was a guy asking the pitchers how things went on the way out the door downstairs like they do at the end of Dragon's Den. This guy got called out and hammered by everyone.
There's a woman who discusses their pitch/ success or lack thereof on the way out. Unfortunately they didn't show that on this clip but it's shown on the televised version of the show
@@michellereed479 do you have a link to the televised version?
@BS Handle Created Yeh that maybe so but the way this was edited was obviously not in conjunction with the sequence of the actual interview but this involuntary twitch is the biggest tell right here 6:12.
Even the logo looks shady 😂😂😂
Wait mans said he had multiple investors, but at the end said “he will”...
This dude got so good at swindling mid level investors he really thought he'd walk in there with a 9m evaluation on 0 sales and get a bite
He reminds me of the projects on kickstarter that are so ambitious they feel like a scam.
I would have loved to see Jenny yell at the guy "You're out. Now GET out."
The bloke was smugness personified, Glenn's reply at the end nailed it on the head.
He's an embarrassment to bitcoin - fade away in the shadows odd ball.
He will - Politician
Wud love to see this guy on shark tank USA , just imagining what Kevin what say to him 😂😂
His hair is a mystery to me. It's like it's there but its not...... what style is this? Can someone explain please
His hair is scared of him because he's too sly
I feel like they would hook people in with the show alot better if at the end of each season, they had a episode or 2 that showed how all the businesses were doing from the year before
"C, get the f... Get outta here" couldn't swear on TV 😂😂
This dude gives off that NFT vibe.
The correct answer from that guy would be - "yes, I've read The Lean Startup, and I'm doing exactly the opposite of what the book tells me to do."
you’ve spent 450K for a year and 5 people may use it ! and I was telling myself the other day not to work on a web dev side project that there is a chance no one would use :) your failure encouraged me to keep pushing like a hero
That face and nose twitch at 6:12 was absolutely terrifying.
Thanks for pointing that out. Missed it first time around. This guy makes my skin crawl.
When he said "I'm quite confident" in the beginning, I knew he'd have his ass kicked
Andrew seems like he would make such a great business partner.
Or just a friend.
@@yungtuna right? Andrew seems like a real homie. Idk what kind of employer he is, but if he is how he portrays himself on the show, he's the type of dude is gladly work for, and do a bunch of seedy henchman stuff for just because he's like a father figure xD
Why is his hair transparent??
he certainly is not a heir apparent.
Although transparent it is still having stock to flow issues
if Fyre Fest made a hiring app...
The funny thing is, CV algorithms are so popular now.
Exactly my thought at the start of the pitch. A regular copycat firm with a poor track record.
The sharks were more patient than me. All I would have needed to say I'm out was the $9 million valuation combined with no paying customers.
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1:32 Lol that sigh cracked me up! 😂
He should head out to Silicon Valley. There are many foolish investors stitting there. Lmao!
I'm confused what he needs the money for, either the software works or it doesn't. But from what it sounds like, a ton of the backend isn't actually the software but people analyzing resumes by hand.
Take money, run, dissolve etc🥵
Surely, dissolve first, then run. "I recruit idiot investors"
Hearing Steve let a little heat out was actually satisfying
Wow : / can't believe Richard Heart had to battle this nut case. Waste of RH' s time. Classic case of looking like a Duck. Ha. IM definitely OUT !!
@0:23 He is like: I am gonna screw you all for next 11 Minutes!
god, this guy sounds like the monorail salesman.
slam zamillion which drugs are u on ?
@@incognitos4342 ever heard of the simpsons?
OH my... he thinks he don't look 29? Thought he was about 40 with the thinning hair coming on
A quick google search found this :P
"From raising $550,000 to appearing on Shark Tank:
Recruitment startup iRecruit enters liquidation as founders focus on new venture"
No surprise there then. These Sharks are good !