Intense SHOWDOWN For A Deal With Sleeping Ducks! | Shark Tank AUS
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- Опубликовано: 30 сен 2024
- Winston Wijeyeratne & Selvam Sinnappan are pitching 'Sleeping Duck' - A customizable mattress that has the ability to cater to anyone's unique sleep needs. The two entrepreneurs are seeking an investment of $500,000 in return for a 10% equity stake - some of you may think the pair of Uni friends are CRAZY as they walk out of the tank.
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.
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And just like that the publicity gained from going on Shark Tank increased their 'organic' website traffic back up to where it was 😎
These guys didn't want a deal. They just wanted the free ad. They're probably already thinking about raising a ton of money from other VCs at a higher valuation.
you are right.
worth now 500 million now 😅😅😅
So they don’t ask for profit numbers and cost of goods?
Pitches can last over an hour. We never see the entire thing.
I heard talk about revenue but did I miss the part of profit or margins ?
Let's really crank up the background music for us oldies
this show is a joke guy comes gives 5% with 5m sales and he askes 25% of company
Didn't even discuss Profit margin.
Sucked in because now they are valued at 400 million
Awesome 🎉
If an investor requests a royalty they implying that they are not really in the journey with you Mark Cuban words
They didn’t want an offer. Free publicity
They arnt entrepreneurs, they found a product overseas & are reselling it
I would’ve countered with 10% plus a $20 royalty until you get half your money back. I reckon Steve would’ve jumped all over that.
So this was an infamercial for a company we all know
It's cool but how is it different from Casper, or Leesa, or Purple mattresses ?
You want a bed time story with that? Turn your brain on for once and go and do the research and find out...
@@DittyBitty69ouch 😮
@@DittyBitty69jesus your rude
I think it’s because this one allows the customer to calibrate the mattress while actually using it, during the hundred days.
From what I’ve seen, Casper and the like allow you to customize it before buying, and you can return it free of charge after a while, but you can’t actually change the mattress once you get it.
What happens when you get too greedy-big suprise.
Always get a shark in a deal because they swim all over the market mate. bloody dumb duck .
SMART GUYS . BAD DECISION .