Robert looked so disappointed because they sold out.😂 As Mark says all the time "it's ok to stick to your guns." They didn't. But hey, they got a deal.
I'm an adult and love these frames. They are lightweight. The toppers are thin. It's so fun to wear a different pair each day without spending what it would cost for different frames and lenses. I'm sold on these!
This video just proves the sharks have preset officers, well before the presentation is given. I remember when this was more (if not seemingly more) spontaneous. Guess they don't want to miss the next "Blink doorbell camera."
Great ending to this. I found this in a google search. They're doing great and most likely paid the sharks off entirely: As of 2023, Pair Eyewear remains in business and has grown immensely. In fact, the company now has brand deals with large companies such as Marvel, Sesame Street, Harry Potter, DC, ad many more. I also saw in the same report that they are doing great things for kids: Continuing on with their undeniable successes, Pair Eyewear now has raised over $12 million to support millions of kids in need of glasses. This donation has not only given these children a means of self-expression, but it’s given them the message that change is possible. In addition, their partnership with The Eyelliance still stands in 2023 - if you purchase a pair of their glasses, they’ll send a pair to a child in need.
Both sharks make their money back and then some with this royalty deal and the 10% stake. I'm not sure who gets the better end of this deal but I'm happy with the results.
I'd say the sharks since they will eventually recoup their initial investment with that royalty alone and then got a free 5% equity each. Just watch the money come in
Any time it's a royalty deal, it's a win for the shark. Because he/she will get paid per sale plus the shares from the equity deal. That's why it's always bad to consider royalties if your margins aren't that big and sales aren't that good yet.
Thats why they got a royalty lol, their capital is safe and not straight up equity. It doesnt matter what its worth if they are getting royalty paycheck
Essentially, had it been a $1 royalty until the investment is returned, that money ($1) would come out of the profit from the direct sales of the product (400K units). After they sell 400K units with a $400K return off the $1 royalty, they will continue to make money of the company's gross profit at a 10% equity stake. Instead they got a $1.50 royalty, so they'll recoup their money after about 267K units instead.
طاب يومكم اعزائي الملائكة والسلام عليكم فك قيود الملائكة الساقطين بالسلاسل الأبدية في أعماق الظلام واطلاق سراحهم واعادة الملائكة الساقطين الذين تم طردهم من السموات وتزويجهم من نساء الجنة وبناء قصور لهم في الجنة واعادتهم لعبادتهم في السماوات .عدا الشيطان ابليس حتى يسجد لادم في قبره وموضعه في السماوات. مستشار الخالق
I personally never really changed my frames nor have I wanted to since I’ve gotten my glasses . Every time you change the frame it takes a while to get used to
stop crying about the title bruh are yall watching for the ideas or for the f*** deal? grow tf up and stop crying , woohoo THEY TOLD YOU THEY GOT A DEAL , AW MAN LETS HUDDLE UP AND WHINE LIKE A LITTLE BEOTCH ABOUT IT. to the uploader : most of are watching sharktank cause we are interested in the ideads or products theirself so we DONT mind how you label the title. KEEP DOING WHAT YOU'RE DOING 😊
I got a feeling Lori and Katrina team up on this one.
Lori never invests buy herself.. very rare if she does. She is learning from the others...
😂
I'd like to see Lori and Katrina 69 each other....
Me watching this like I don’t know the outcome and aren’t currently wearing their adult frames
STOP RUINING THE RESULT WITH THE TITLE. PLZ & THANKS
Agreed and sometimes the top comment tells if successful or not spoiling it lol
Who reads the title? Just click and watch.
@@ejicon3099 everyone reads the title so they know what its about and are interested in watching
@@hayley8957 I guarantee you most youtube Shark Viewers just click the thumbnail and hit play.
Hey the video content is THEIRS. If you don't like don't watch it...
Robert looked so disappointed because they sold out.😂 As Mark says all the time "it's ok to stick to your guns." They didn't. But hey, they got a deal.
3:20 Kevin when hears royalty 😆
🤣🤣🤣🤣🤣 best camera catch I love Kevin
I have these glasses and I love being able to change them out with different tops.
Kevin....don't you wish I never taught Lori about royalties....🤣
They shouldn't just do kids, but do the grown-ups too. Double the money baby. I hate wearing the same frames too.
Same
They have adult frames now too
they have some for Adults and Kids now 🔥 a lot of new designs too 🤙
They have adult frames. I have the Wandas and love them.
I have the Kirby - loooooove them!
Love my Kirby glasses and toppers! Super light and comfortable and perfect for me.
I'm an adult and love these frames. They are lightweight. The toppers are thin. It's so fun to wear a different pair each day without spending what it would cost for different frames and lenses. I'm sold on these!
This video just proves the sharks have preset officers, well before the presentation is given. I remember when this was more (if not seemingly more) spontaneous. Guess they don't want to miss the next "Blink doorbell camera."
Anyone watch this and immediately think of Steve Martin in The Jerk?
Great ending to this. I found this in a google search. They're doing great and most likely paid the sharks off entirely:
As of 2023, Pair Eyewear remains in business and has grown immensely. In fact, the company now has brand deals with large companies such as Marvel, Sesame Street, Harry Potter, DC, ad many more.
I also saw in the same report that they are doing great things for kids:
Continuing on with their undeniable successes, Pair Eyewear now has raised over $12 million to support millions of kids in need of glasses. This donation has not only given these children a means of self-expression, but it’s given them the message that change is possible. In addition, their partnership with The Eyelliance still stands in 2023 - if you purchase a pair of their glasses, they’ll send a pair to a child in need.
So basically they are helping corrupt the youth.
I found them at America's Best(who they recently partnered with),
Really good invention!!!!!
Amazing creation!
Just ordered a “pair” 😂
Love my pair
Great Company , Great People ! Glad To have joined such a diverse and dedicated Team 🔥
Both sharks make their money back and then some with this royalty deal and the 10% stake. I'm not sure who gets the better end of this deal but I'm happy with the results.
I'd say the sharks since they will eventually recoup their initial investment with that royalty alone and then got a free 5% equity each. Just watch the money come in
@@TWINSNAKE47 Yup. Exactly what I was thinking.
Any time it's a royalty deal, it's a win for the shark. Because he/she will get paid per sale plus the shares from the equity deal. That's why it's always bad to consider royalties if your margins aren't that big and sales aren't that good yet.
Royalty is the same as a loan, only difference would be that the shark loses if the business fails.
@@bestillfarm1645 I can see that.
Lori squeezing them for another .50 cents on a royalty is so pathetic tbh lol
Simple concept you already see in the cell phone industry with switchable cases and covers.
i love how they had a yellow frame for this but Pair does not have a yellow frame.
I got laser eye surgery
greedy deal should've stuck to their guns.
KEVIN Is there a offer in the future?
I wear glasses everday but i also dont like glasses, and for that reason im out 😂
bad deal for the sharks! it's literally just something to cover glasses & they bearly have any sales... it's not worth 4 million
Thats why they got a royalty lol, their capital is safe and not straight up equity. It doesnt matter what its worth if they are getting royalty paycheck
I love my glasses ❤❤❤
Can someone explain how you can make money off of a $1 royalty? I’ve never understood that part.
Essentially, had it been a $1 royalty until the investment is returned, that money ($1) would come out of the profit from the direct sales of the product (400K units). After they sell 400K units with a $400K return off the $1 royalty, they will continue to make money of the company's gross profit at a 10% equity stake. Instead they got a $1.50 royalty, so they'll recoup their money after about 267K units instead.
Lori and Katrina are bullies
The seller man is Gormless.
Cool invention.
Smart kids
Sweet!
They did grea4😅
Nerds unite
Title editor = dog
طاب يومكم اعزائي الملائكة والسلام عليكم
فك قيود الملائكة الساقطين بالسلاسل الأبدية في أعماق الظلام واطلاق سراحهم واعادة الملائكة الساقطين الذين تم طردهم من السموات وتزويجهم من نساء الجنة وبناء قصور لهم في الجنة واعادتهم لعبادتهم في السماوات .عدا الشيطان ابليس حتى يسجد لادم في قبره وموضعه في السماوات.
مستشار الخالق
I personally never really changed my frames nor have I wanted to since I’ve gotten my glasses . Every time you change the frame it takes a while to get used to
It's like changing your shoes. Theyvdeel different but still work
Really smh great idea
Too expensive sadly
start wearing glasses as a kid and your eyes will only get worse
Don't you think the magnetic magnet will damage their brains??
Complete Nerds.
There are to heavy!!!when you swet this run down from your nose!! There are not nice some look very bad!!
👼😇✝️psalm 91 and 34:7the angel encamps in those love God and defend them and keep all the ways Wonders Worlds Images tv Channel Bible 🦁🎮. Shark Tank.
Why yall spoil the video by saying who makes the deal in the title?
That nerd is like 🤓
Mommy Lori
stop crying about the title bruh are yall watching for the ideas or for the f*** deal?
grow tf up and stop crying , woohoo THEY TOLD YOU THEY GOT A DEAL , AW MAN LETS HUDDLE UP AND WHINE LIKE A LITTLE BEOTCH ABOUT IT.
to the uploader : most of are watching sharktank cause we are interested in the ideads or products theirself so we DONT mind how you label the title.
KEEP DOING WHAT YOU'RE DOING 😊