Shark Tank US | Barbara Takes A Huge Gamble On Electra Beverages
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- Опубликовано: 25 авг 2024
- Fran Harris is seeing $350k for a 20% stake in her drinks company Electra Beverages.
From Season 12 Episode 9
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Shark Tank US | Barbara Takes A Huge Gamble On Electra Beverages
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"Beverage is one of the worst company to invest in and I lost a lot of money investing in one. So for that reason, I'm in!"
- Barbara
😂😂😂
LMAOOOO 😆😂🤣🤣🤣
I can't 🤣
She's literally her own contrarian. She's a legend in her own mind.
🤣😂🤣😂🤣😂🤣😂
Barbara - "I'm in but I can also go out at any time"
😂😂 I'm out
Barbra every time she DOES make a “deal”
Right 🤣🤣
Barbra-
"The category is flooded and competitive.
The beverage tastes terrible.
The challenges of becoming profitable are insurmountable.
I'm in."
lol
I love how Mark had a clear conflict but he gave a huge endorsement that came from personal experience that doesn't violate his own contracts.
Exactly
Why do you love that? It seems like a really weird thing to feel strongly about
That high of a valuation with no sales in an EXTREMELY competitive industry is insane. This is one of those times where I definitely agree with a shark wanting a large chunk of the company for taking on the risk.
Very competitive since I feel there's a new product every month on the convenience stores
I hope Barbara changed her mind because looking at the website, the beetch is trying to sell expensive tubes of dried up chemicals to the public. Nobody wants that shiz!
Agreed
I agree. She wanted $300k for 20% of her business with no sales. How did she come up with that valuation for a business that was just launched? 🤔
Barbara : I need 40%
Mark: Who's getting that a$$ now 🤣
woah. all them broken hearts on that pole. man if pole dancings an art u know how many fuckin artists i know
🤣🤣🤣🤣
But at the END ... She Got a DEAL. THAT IS WHAT REALLY MATTERS ... How about you? NOTHING.
@@car65los its more a debt than a deal
No sales, super competitive market, and Barbara is in. This must be an April 1st episode
All Barbra cares about is the person, notice when it’s a good person she always makes an offer
Barbara invests in the Person, not necessarily the actual business.
company is worth 1.4 billion...
I think this one was one of the best deals in shark tank, cause the woman hasn't sold anything and she already get money from a shark, it is really a gamble for barbara
Try again in English
*got her money from a shark
the deal did not close btw. so yeah Barbara still out 🤣
Don't make fun of persons English. They may be from another country.
Barbara: “I”m in”
Calls the entrepreneur next day: “I’m out”
I bet she did that too
Barbs: I was awash, I had too many sparkling waters
If it's funny because that probably did happen. Cause thats what happens in most cases. Mark Cuban talked about it in an interview the evaluation is just for show. They call it due diligence. The real actual evaluation happens after the this behind closed doors one on one in a more professional and business manner
😂🤣
@@greenkidd529 yea, they actually have like an 80% close rate, or they did maybe a couple years back. You can look up their deals and who actually closes the deals more and who falls through.
I have worked with entrepreneurs just like her , and learnt from my mistake . Her attitude and know it all defensiveness is gonna be the reason for her destruction . Daymond understands it very well that's why he backed out
Looks like you were wrong
@@bmoney2175w right😂
You were wrong the business is pretty successful and Barbara got her money back.
@@coolerplays3477 source?
@@coolerplays3477 how the hell do you know that? Do you work for the company? Do you handle the books? Lol 😂
one things i’ve learned about barbara, she is very particular in terms of who she is working with , the person matters more to her than the business, she’s very particular in terms of her employees too
As of today, I literally has not seen this drinks in any market.
That’s because ZOA took over 🔥🔥🔥
@@Mo-bc6bw What's ZOA?
@@houchi69 The Rock's energy drink
HEB in Texas have them
@@Mo-bc6bw never heard of it
Shes a good saleswoman but i feel as a partner it wouldnt workout cause she looks like the type to not take advice from anyone and make decisions on her own
Confidence does not necessarily indicate arrogance or lack of adaption
She looks like she has a temper.
Yes she seemed to head strung. She was probably taught growing up to "be a strong independent woman" which is fine, but she took that as acting masculine. Women can use their femininity to be effective too.
@@withgoddess1119 what do you mean by that 🤨
Lol gotta love these youtube detectives hyper analyzing this woman over a 10 min video clip. I'm sure she'll be fine
Barbara does make deals, don’t know why people say she doesn’t. Damon the one who makes the least offers. And when Damon does make an offer it’s usually a ridiculous one by asking for high stakes
Because Barbara goes out for ridiculous reasons. She once went out because a pitch was too professional. Damon is honest and knows where his strenghts liem
@@Roverde Barbara always made it clear that she invests in people more than the product itself. When a pitch is too perfect there’s normally a catch to it. But the point I’m making is that Barbara always gives an offer in most of her episodes compared to Damon.
@@Roverde I remember one time where she immediately went out on the dude who was selling the broom with a scraper on it solely cause she said he looks like he couldn’t “go through a finish line”
Literally her one thing said whole time and it came out of no where. Then all of the sharks and the entrepreneur ignored her and went back to the multiple offers already made lmao
True. Damon makes the least offers and the most expensive ones. But Barbara gives stupid excuses to be out
She literally is part of the top 3 most deals inside and outside the tank among the sharks. She also has one of the most successful deals which is with the original comfy that raised 250M $.
Mark was right, she didn't have a choice. If she didn't accept a deal, she wouldn't have the money to go forward with production. Not sure who she thought she was fooling.
True but that still would’ve been a choice she made and that’s the outcome of that choice. she may have had no other option for his buisness survival purposes but always a choice.
For the first time I saw Mark caught off guard when she snapped back at him for making that ‘got no choice’ comment.
He didn't want a racial incident.
@D. Durant and Mark’s gotten a bit mellow lately in all the latest episodes. Maybe age (and indifference) is catching up to him. Lol.
@D. Durant She got offended by what he said but it was true what he said. If she gets that defensive from a comment like that then she’s gonna just create problems for herself. Being able to keep your composure is important, especially when you’re trying to get an investment from billionaires who frankly need you much less than you need them.
Lol yeah. he was like OHUH I SAID IT WAS A GREAT DEAL… Lori selling his ass out lmao
@@jaimhaas5170 He almost got Canceled 🤣
I read Barbara was in. I couldn't believe this so i watched the video. I popped the champagne. This is unbelievable. This has completely made my entire life. Barbara is in. Barbara is in, damn it. !!!. All say it with me. Barbara is in. 😭😭
@Israel Garcia - 1. You did not pop any champagne. 2. Barbara makes believable deals. 3. You are not laughing out loud, either.
@@warriormanmaxx8991 Ok millionaire gatekeeper 😂 you think she gonna give you a kiss for defending her?
Barbara is in!!!
Barbara is in
Barbara being in is like watching a rare celestial event.
She knew how to play this woman's game back and she saw that after telling her bring those to investors in now or the deals off, and that it wouldn't break Barbra just make her more hard on her, she took the deal then but you could tell she played hard but didn't have no other choice
She valuing a “not even sold 1 product” business at 1.6m. Scam. People that come through with bravado and confidence but with no details… it’s a scam.
Other people have valued their prototypes at 10s of millions. Goh.
They have sold 30 mill of products since
@@shlokhegde Nope ..why u lying
@@shlokhegde I call bullshit.
@@shlokhegde Source?
For this I have to agree with the sharks for taking a quite big equity considering the risk it faces from the industry.
I am super surprised she got a deal, let alone from Barbara. WOWS
Exactly this space is so difficult
I'm in the beverage market, it's a brutal brutal space. She got her first taste when Cuban mentioned the contracts. You can literally have the best product in the world, but 80% of the time it's blocked by a 12 year contract with Pepsico, Coca Cola, etc. These companies actually pay the markets like Shoprite, Krogers, etc to keep that shelf space. I have no doubt this is a great product, but it's borderline impossible to break into the industry without a major picking you up. So many politics from the distribution side to the shelf spacing. Can't even license because all the majors already have a sports drink. Pepsi/Gatorade Coke/Powerade and Body Armor. Terrible investment.
Believe in yourself and keep pushing. We need small companies not just PepsiCo
@@nasara690 believing in yourself is nice and all but nothing beats the power of major corps. You either need connections or the best product ever that no one can refute to really make your mark
But we live in a capitalist society,right??? Yeah right it’s crony capitalism
Holy cow, I had forgotten that Pepsi and Coke owned those guys. That's an awfully big peepee to bend over and take. Very scary stuff.
@@Machinu5 Luckily, I'm attached to a major so I'm usually on the winning side of those contracts. But, it's easily the most brutal and cut throat business I've ever seen. Even a small percentage of times the majors will have non-competes in the contract. That if we make a boxed coconut water, it blocks anything similar. Like during the pandemic when we had allocation issues, that location had to sit there with an empty shelf because the product wasn't available and they weren't permitted to get anything similar. That's how iron clad those contracts are..
She won't take advice from anyone. Looks like a very difficult person to work with as a partner
That is the attitude it takes to survive in her space, you can't relate.
And that annoying ass talk
Mark’a roast @ the end 👌🏽🔥
@@ekwejohnson6965 she's outright RUDE
@@ekwejohnson6965
100% bullshit
I appreciate her passion, but I could see it being challenging to have a true mutual business partnership. Seems like it may be tough to have a conversation about hard things without her getting defensive.
She's pitching to investors. Of course she's going to be defensive. I doubt Barbara would have offered the deal if she thought it wasn't going to be a productive partnership
@@Jomskylark She has good passion but her tone of voice and word choice could definitely rub somebody the wrong way. It’s probably not the best idea to be “defensive” when you’re pitching to millionaire and billionaire investors who need you less than you need them.
i think thats what made damond change his mind
She was a straight shooter...her tone was strong, direct, confident and culturally appropriate for the product.
@@erickgzz He was making some faces too
Lmfao he said “ get that ass now “ after Barbara asked for 40%
how edgy!
Electra website is full of broken links and seems to be liquidating the only product they have left which is the powder. Likely a bummer deal
Pride comes before the fall...
Barbara: “we have a deal and for that reason, I’m out.”
🤣
The best sports drink in town: WATER
Actually wrong
@@misterdude8615 elaborate more n
Water doesn't have the necessary nutrients to replenish what you lose in exercise.
Orange juice is all you need. Fresh squeezed. Next time you're out of gas drink some and tell me how you feel.
DAMMIT RIGHT
9:50 lol Lori's expression was like (ohhhh drama gonna start now) "..he said you had no choice" 🤣🤣
As a repeat entrepreneur, I can tell you this woman is overconfident. There's confident + realistic, and then there is unbridled belief that you're special. I hope she succeeds, because I want entrepreneurs to win, but I have my doubts in that crazy industry. Everyone who watches Shark Tank should remember that all Shark Tank products do receive a bump from exposure but that doesn't mean it's a good business. Just look at the number of business that are still sustaining itself. Most of them you'll notice still say "as seen on Shark Tank". Which mean they still rely on the Shark Tank association to grow. Now go look at Scrub Daddy... not that's a full blown business.
Every one of those little competitors have a similar story to her. Let's not bias ourselves just because we see her on here. You'll have people with better products, with cheaper products, with worse products, and more expensive products. Each one of them has a story. So, all I hope for is that she's able to get out if she needs to without problems. Her success means the failure of another drink, and I'd rather someone more humble and down to earth take the spot.
Barbara: I don't work out, so I'm in
LMFAOOOOOOOO
Gatorade is not going to like that lightning bolt on the label
It's not the same shape, no case.
@@BoredAndBrowsing not necessarily, we’d have to look at what Gatorade’s trademark specifically states, maybe they have trademarked a lightning bolt on a sports drink bottle? Maybe not, but I could see the uspto giving it to them
@@BoredAndBrowsing it does not really matter if it is the same shape or not. The fact that the product is a sports drink and is competing with another product which uses a bolt, is ground enough to argue that consumers will be swayed to buy the new kid on the block simply because the public has the conditioned to liken a bolt on a sports drink to be Gatorade. Gatorade would easily win this fight.
Putting a Nike swoosh upsidedown or backward as a footwear would never fly, why? Because Nike owns that space.
@@samakin9804 It does matter if it's the same shape or not, Gatorade just lost a lawsuit to Electrolit for using a similar bottle and packaging, no trademarks here. The trademark was also accepted by the US and is in process. Gatorade does not own the lightning bolt trademark, what is has is a lightning bolt above the letter G or the word Gatorade, those are its trademarks. So to you guys assuming Gatorade has a case, no, you're wrong again.
Gatorade's Bolt24 launched in 2019 so if that new logo is not enough to claim a lightning bolt then nothing is.
Barb- "I'm in, but I could die at any moment so I'm out"
I'm sorry this might be an unpopular opinion but she came on a little too strongly. Like her confidence was borderline overconfident.
Not taking away anything from her product or her belief in it but with zero sales, she is just a salesperson trying to push the product onto the sharks.
Her quip at Kevin was a deal breaker for me. Not at all classy.
Kind of loud mouthed.
She has a lot masculine energy! But that’s probably what she’s going to need to be a success!
@@millweabrooks3083 Thanks man! I'm proud she's like that!
@@millweabrooks3083 I don't think it's her masculinity. You're confusing toughness with masculinity.
Not everything is a gender issue.
@D. Durant count on Americans to make everything a gender issue.
To be honest, you're also confusing her toughness for masculinity.
She's tough. That's needed.
@@wiglafsfilms8418 exactly! I respect her resilience. But she came on a little too strongly when she dissed Kevin like that.
Mark went from 😃 to 😐 when she said “WHAT YOU SAY MARK?” 😂😂😂
LMAO
He's like I didn't say anything lol
Kevin: Why live in Hell???
Mark: So they can hang out with you Kevin!
This guys just make me laugh so loud!!!!!!! 😅😅😅😅
9:25 The two Hall of Famers watching the episode wondering whose the 'good' one? :P
Yeah. Embarassing 😅
Barbara sometimes does something unexpected 👍🏼
Barbara: “Get both of them, after that happen, I’m out.”
Barbara: This is a very bad business so I'm in!!!
1.6 eval with no sales. Insane lol
It’s a 333k evaluation. They got a line of credit AKA a loan for the rest of the amount
@@iAbdoshHe was talking about her initial valuation.
Kevin has to be my favorite shark 🦈 he is soo funny 😂😂
Short? 🤣
@@JuanRodriguez-tf7fh sharks 🦈 autocorrect got me
I say Kevin is the youngest
Over confidence is not always good, it always good to be open minded...
What a lot of entrepreneurs fail to understand is when you bring these sharks or any investor a company that has no data or revenue; the risk for them increases significantly. The only reason she’s very confident is because she has those connections with high profile celebrities or Sports players. If she didn’t have her background to her name, they would’ve all been out from the get go. Without that, it’s 100% risk and you have no credence if it’s going to work. These people can recognize risk from a mile away, and the fact this entrepreneur failed to realize that almost cost her a deal. Though Barbara did a deal with her, it was based on a contingency of wether she could uphold her deal to market her product with the high profile player.
Exactly, just look up her name and you'll see she's already well-off and established. She's being arrogant here because she doesn't need their money and she knows it. This was more of a marketing play than anything. The product site already has "as seen on Shark Tank" in the title lol. If this was anyone else the sharks would've walked all over them
@@mcgremi5769 You're exactly right, I sometimes forget to take into accountability the amount of exposure they get from being on TV.
Imagine being an a relationship with her
She was a little too combative for my liking. Like she always had to get the last word in.
Same, “What you say Mark???” Uhhh calm down lady
I like humility. "I always win".... Better would be "I never quit"... Because winning and losing is part of life... But quitting is about ones character.
i feel like people who complain about other people having to get the last word in are them themselves people incapable of letting someone else, get the last word in, but that is just my opinion and I know nobody asked and nobody cared and thats alright man because im doing it man. im livin out here
@@nickclark18 That part lowkey. 🥴
-What did you say, Mark???
Priceless!
I love her tenacity. But I think she’ll eventually be so focused on winning that she will make some misinformed decisions that she’ll regret. Abit overconfident tbh. Good luck though
Don’t think she was over confident she knows what she wants and is straight forward btw the company is swimming in cash
@@vibewiththeghost354 humility goes a long way
Or maybe she won’t. You’re just being negative for no reason. She’s a strong independent black woman that’s gonna do some big things. It’s never a problem when Kevin or mark are overconfident right? Keep the same energy with her.
@@heauxx227 what’s her color got to do with anything lol
@@Davechappelle445 shut up Willis. lmao Google searches will do you a favor. the company is worth billions now.... also, mentioning a black business owner doesn't warrant the "what's race have to do with it" card. you're a walking L
Barbara- “I’m in, but I might also be out”
She was fearless with a don't mess with me kind of attitude thats what got her this deal ,had it been a soft spoken entrepreneur in her place im sure they would have gone empty handed .
This is the 3rd video in the last few days I've heard Barbara recount her 1st loss being a beverage company, how she shouldn't invest, yet be the last shark and invests in a beverage company. If you want Barbara, just be a drink company
She was charming for a while but just shouting that she will WIN everything is no guarantee of success. Everyone experiences failure in life. She seems like she’d be horrible to work with and totally lacking in humility.
you don’t know her tho so you can’t assume that she is a horrible person cause she’s confident she’ll do good.
Why doubt yourself?? You should always live and speak on the outcome you want
Her market cap is now 2 billion
@@otherworld4640 No. Thats not even SLIGHTLY believable. Maybe 1 MILLION….
@@Jason-un9ps I looked it up
Jenny: "I'm not even on this country's show, and for that reason, I'm out."
I've been instructed by Jenny's lawyers that she can't afford to pay them to sue you for this statement. So they are out.
@@acewins06 how did she pay you tho
@@dizzyb111 With her body
@@dizzyb111 I paid her, so she can stay in her 2 bedroom flat.
It was her execution and preparation that got her that deal. Well done.
She’s so argumentative
She was offended by everything sharks said… it seemed liked she wanted to fight them…
I think she was just passionate and excited but to each their own.
She's an athlete?
@@barbieblue3336 so?
Annoyed me
She was hell turnt but fight???? Where'd you derive this conclusion from??? Please. Do tell. .. bc you sound like a rtrd. 💅🏾💅🏾💅🏾
The energy drink space is hyper competitive. That's not a good business for anyone without extremely deep pockets. I love her energy. She is all fire and i heart that so i hope she was successful with this but i have no doubt she will find her business.
Barbara's investing once a millennia to make sure the producers won't take her off the show.
haha
6:55 & 9:47 : Arrogant, obnoxious remarks to Kevin and Mark. Both bit their tongues to avoid a " racial" tiff..
The strong, independent modern lady bites the hand that's about to feed her.
Don't get mad. Mark and Kevin are also arrogant and obnoxious, also. I know cause they can afford to. She was just straight up and keeping it real. I rather have somebody on my team like that, than being an phony, lieing person.
@@wiglafsfilms8418 nah when you're asking for money, better be respectful. They're offering to give money to people, so they can be as disrespectful as they'd like.
@@ubsra6411 Yeah but to an degree cause for some the sharks, they expect you to kiss their asses. Like I'd said, she's was a lil' pushy but very confident and bold. I like an woman like that; have her on my team.
I feel she was arrogant to Kevin for no reason. He has all the rights to decide where to invest his money, and she literally has not sold a single product
How come when men act this way it’s alright, but as soon as it’s a women, a black women at that, it’s suddenly an issue?
I'd drink that over Gatorade any day
I'd drink anything with Lori.
True that! Powerade when you have a hangover 😢
@@jaimhaas5170 is do anything to Lori.
I wouldn't drink either
Update: she came in with a valuation. Of $1.75 million.
The company is now worth $1.17 million
is the deal with barbara finalized? did she bring nfl/nba guys?
Receipts please.
She’s so overconfident that she comes across as arrogant!
Yea, and I never heard of it so I’m guessing it was a flop.
@@Jreaddy major flop
@@305Nick just looked it up, it wasn’t a flop. It’s actually doing quite well.
@@305Nick just looked it up, it wasn’t a flop. It’s actually doing quite well.
Exactly
She has one of the best confidence and pitch i've seen on this show👍
This is a multiverse episode, not only Barbara was in, but also it was a beverage deal.
She comes off as too tough. I would pass.
Damn, I like her energy and straightforwardness, it’s so rare people like that
Barbara: Never let them know your next move
she really thought she could fight one of the sharks lmao
Nice to see a strong confident woman doing her thing! Wish her a lot of success.
Barbara -“It didn’t electrocute me , the product doesn’t work, for that reason I’m out”
Not digging on her potty mouth & straight up arrogance during the pitch. Barbara shocked me with that deal!
I think everybody was just scared to work with her.
The HOF person was Magic Johnson
Ok. I could see that.
3 blue buckets with stuff poured into a big metal bucket... Wow what a creative presentation
It’s called not have any money for props.
Barbara “You talk too fast, that’s why am out “ 😂😂
I’ve watched this show consistently for the last few years and I have to say, Barbara completely grew on me. I was extremely immature and judged her way too way much. She’s a superstar
She would be a great public speaker. That is some charisma.
This lady got sass
Working with this woman would end up in anxiety attacks.
3:27 let me finish...then mark face is funny!😂
🤣
This lady is the bravest person in the history of shark tank bargaining with Barbara knowing that she's the quickest to get out of every deal all the time is brave 😂😂😂
Listen, With Barbara's tough New York Irish grit and this strong sista's tenacity, I have doubt if they can come together they will be an unstoppable force unlike anything you've ever seen.
Barbara via Zoom video calling those 2 in NFL and NBA:
"You two need to be out from the deal so I can be out"
The only thing that would've made her presentation better is if when she made a deal with Barbara (or any shark) "All I do is win" started playing as she walked off the stage. 🖤
shes wearing slides, hey thats confidence
She might have one of the most annoying personalities I've ever experienced. Guh-ross
Lady: what did you say Mark?! 😂😂
Ah yes, sugar + salt. The ingredients for an ors solution.
There's no sugar IN IT.
Apparently after the show there were signs that she did not close the deal so shes actually still out guys.
This company ins now worth 785 million lol
Really?
ZOA took over the industry 🔥🔥
Prime also which is good. The Lemon Lime is a repurchase from me.
Barbara is there just for the free beverage 😂
She checked Mark Cuban 💀💀
😆 🤣 😂
Coming into Shark Tank trying to enter a saturated market with no sales is craaaaazy.
If it's natural no sugar I would be a loyal customer
Sugar is natural
It's as addictive as cocaine
@@omgshutup8077 no it's not
Mark was offended by "let me finish, let me finish."
This channel is awesome!
Promos will be a breeze. Before and after pics of barb ...the "electra" face lifting experience.
that woman needs to run for president. holy cow. she's gonna Chuck Norris her way through life!
Only two reasons why barbara went in 1 the lady took a swipe at Mr Wonderful and barbara liked it and or 2 she needs a write off on the shelf for tax time. Electra will be sitting along side all the other failed energy drinks in the 99 cents only shops next month.
i love the that woman mannnn!!!!!!!! sis got energy for days🤩🤩🤩🤩🤩🤩🤩