CEO Shocks Sharks With $50 Million Valuation | Shark Tank in 5

Поделиться
HTML-код
  • Опубликовано: 22 май 2023
  • The Sharks laughed at Justin Wang who is the founder of the self-cleaning water bottle company LARQ, after he asked for the highest valuation in Shark Tank history which is $50 million. Find out which Shark decided to make an offer.
    Watch more Shark Tank: www.nbc.com/shark-tank
    » Subscribe to CNBC Prime: cnb.cx/yt
    » Find Your Local CNBC Channel: www.cnbc.com/channelfinder/
    About CNBC Prime
    An entertainment network with a programming slate that is an extension of CNBC’s distinct brand. The entertainment-focused block in primetime includes programs such as Shark Tank, American Greed and Undercover Boss.
    Connect with CNBC Prime Online
    Visit CNBC Prime’s Website: cnb.cx/prime
    Find CNBC Prime on Facebook: cnb.cx/fb
    Follow CNBC Prime on Twitter: cnb.cx/tw
    Follow CNBC Prime on Instagram: cnb.cx/insta
    #cnbc #sharktank #aapiheritagemonth #larq #waterbottle #entrepreneur #business
    Founder Shocks Sharks With $50 Million Valuation | Shark Tank in 5
  • РазвлеченияРазвлечения

Комментарии • 84

  • @robbyfiveboy4862
    @robbyfiveboy4862 Год назад +18

    The editing sux. Half the info is missing. Where were his sales figures?!?!

  • @ForexRevolution
    @ForexRevolution Год назад +44

    the reaction of the valuation at first: HAAHAHAHAHAHAHAHAHA
    5 minutes later: SO YOU HAVE 3 OFFERS (2%) WHO WILL YOU TAKE??

  • @aristamas4196
    @aristamas4196 Год назад +9

    Barbara "65% of my body is made up of water, for that reason I am out"

  • @Allstar25CP
    @Allstar25CP Год назад +22

    A rare episode where both Daymond and Robert were being dramatic.

  • @KA-eu9sy
    @KA-eu9sy 10 месяцев назад +5

    Edit is too short. What were his sales? How much it sells for. What does it cost him/bottle?

  • @thegulch1780
    @thegulch1780 Год назад +23

    How many freaking times does this video have to play?

    • @CNBCAmbition
      @CNBCAmbition  Год назад +5

      This was too good not to bring back!

  • @scarygary5678
    @scarygary5678 Год назад +63

    Robert has to be one of the more talented business people up there because of the fact that he was able to make himself into a shark despite personalizing pretty standard business practices from entrepreneurs. He’s willing to walk away from a good deal that will make him money because he’s insulted at the prospect of having a conversation to discuss an entrepreneur’s business that he’s investing a half million dollars in. It’s actually incredible that he’s a shark if you really think about it. His acumen and talent must be off the charts.

    • @leonajames5517
      @leonajames5517 Год назад +2

      No, most people don't walk away from a good offer, thats what has made him so much money.

    • @SongwonMusic
      @SongwonMusic Год назад +17

      Honestly, Robert seems like the one shark I would not want to do business with. He gives off this "nice guy" persona but I think he's kind of an a-hole in real-life based on what I've seen and read

    • @calm3542
      @calm3542 7 месяцев назад

      Definitely a bipolar personality

    • @Welshy
      @Welshy 5 месяцев назад +1

      @@SongwonMusic because to be a nice person you have to be nice 100% of the time... name one person who is that

  • @stuff1784
    @stuff1784 6 месяцев назад +2

    Robert was a SAVAGE here!!! Love it!

  • @cynthiakelly8156
    @cynthiakelly8156 8 месяцев назад +6

    Mr. Google says . . .
    "LARQ net worth is $28 million dollars. Since airing on Shark Tank, LARQ Bottle has seen a sales bump and thereafter a decline in revenues. Even though Lori and Kevin agreed to invest $1 million in the Shark Tank episode, the deal never went through due to complications in due diligence."

  • @kenfox22
    @kenfox22 Год назад +5

    Got a lot of nerve to ask for 1%. Run him outta the room. He's tripping with his greed. Surprised Mark didn't run him out

  • @cadriver2570
    @cadriver2570 Год назад +7

    Daymond you are free donate the 300k you spend on individual cars.

  • @huhwho277
    @huhwho277 Год назад +2

    Ive never had my water bottle smelling bad.

  • @samihamaimuna7165
    @samihamaimuna7165 Год назад +20

    How lunch going? I’m having Thai

  • @supercharged746
    @supercharged746 Год назад +2

    Why is the presenter missing half his face in the thumbnail?

  • @global4508
    @global4508 9 месяцев назад +1

    is the company still around? if so, are they doing well?

  • @RealRayAl
    @RealRayAl 11 месяцев назад +4

    Learn from this guy! I will buy this product and tell everybody about it! Its amazing! Shout out to him and all the sharks!

  • @AnimalA-Z
    @AnimalA-Z Год назад +3

    Right at lunch time!

  • @AnimalA-Z
    @AnimalA-Z Год назад +11

    This is one of the deals you know will not close and it never did 😅 but as of now, the company raised money elsewhere and is valued at 50M!

  • @armyfam605
    @armyfam605 5 месяцев назад

    he defo should of brought a bigger bin to throw the two in when he was demonstrating ...

  • @omarelmobou6027
    @omarelmobou6027 22 дня назад

    sales and annual income and net profit is missing

  • @ZevMeth_originaljewishmusic
    @ZevMeth_originaljewishmusic Год назад +6

    I'm surprised they allowed him on the show, he's clearly not here for a shark! There's no way the deal would ever go through, his business is too big, and valued at too much for him to take any more!

    • @ZeroHSR
      @ZeroHSR 6 месяцев назад +1

      He was asked to come by the show.
      That whats articles said about this episode.

  • @luisv7117
    @luisv7117 Год назад +2

    This guy is smoking something hahahahahha 1% is an insult

  • @luisv7117
    @luisv7117 Год назад +1

    Most of the people who drink water don't care I don't like the product and I will nevery buy any of those bottles, I got one and I cleaned every day

  • @Jazzaconda
    @Jazzaconda Год назад

    and ya'll still dont't get it! We be dumb!!!

  • @samysamy5051
    @samysamy5051 Год назад +8

    Robert has too much ego, take a chill pill and step down for a minute.

    • @Deuce-qr4tn
      @Deuce-qr4tn Год назад +1

      he knows his worth

    • @samysamy5051
      @samysamy5051 Год назад

      @@Deuce-qr4tn That's ego at that point tbh. The fact that he thinks he knows it at all and doesn't want to be questioned by anyone is pathetic.

  • @TheJohnCooperShow
    @TheJohnCooperShow Год назад

    Anyone else watching this in the gym

    • @mgt1429
      @mgt1429 Год назад +1

      I'm always eating when I watch Shark Tank.

  • @LaBoulayeCastle
    @LaBoulayeCastle Год назад

    No Justin… no.

  • @beatriceowusuachaw6210
    @beatriceowusuachaw6210 6 месяцев назад

    He will pay 1 period u hew

  • @camlop8635
    @camlop8635 Год назад

    Omg

  • @SpringGhost6521
    @SpringGhost6521 Год назад

    If you have money liked 50,000 and add50,000 you get nothing

  • @cocaine_hookers
    @cocaine_hookers Год назад

    Larp

  • @gabby811ify
    @gabby811ify Год назад +3

    I would be out to, man is annoying Af over a percent

  • @Jealod24
    @Jealod24 Год назад +6

    It’s hilarious Damian thinks shark tank isn’t about crazy valuations… dragon den uk and Canada, the shows that shark tank is based on, have much much much lower asks and valuations then any season of shark tank. Shark tank people have always way over valued their business. And the other shows actually enforce the rules that you have to get what you asked for… you can’t leave with less.

  • @hallucin8-
    @hallucin8- Год назад +7

    Sports wasn't his thing growing up😂😂
    🗑

  • @TheOfficialCrankOut
    @TheOfficialCrankOut Год назад +3

    How’s everybody’s lunch?

  • @izelo3277
    @izelo3277 Год назад

    Early

  • @snowflakehunter
    @snowflakehunter Год назад +7

    I would not have made a deal with him. The sharks are greedy, but he is greedier. I just do not believe this product has a viable future. No evidence of his claim was mentioned either.

    • @DOC_951
      @DOC_951 Год назад

      It’s worth over 50M though…

    • @Kevin-lj7up
      @Kevin-lj7up Год назад +2

      It's ok to not understand a product or a segment, but sales speaks a such a high volume over all the noise.

    • @snowflakehunter
      @snowflakehunter Год назад

      @@Kevin-lj7up it's okay for you to be ignorant.

    • @snowflakehunter
      @snowflakehunter Год назад

      condescending piece of digested food.

    • @emerieevan6772
      @emerieevan6772 Год назад

      I was surprised they didn't talk business numbers. Or maybe I skipped that part

  • @beatdeyazz7940
    @beatdeyazz7940 Год назад +55

    I cringe whenever Daymond is on, because everybody knows that he is only here for diversity. Non-black entrepreneurs have to think of ways to get him to go out.

    • @gwillyumbellshaw4643
      @gwillyumbellshaw4643 Год назад +33

      lol his net worth is c.350mil, i'm sure there's more to it than diversity but nice try mate

    • @sherrimartin7986
      @sherrimartin7986 Год назад +11

      Why do people always have to use that card? People are tired of hearing it.

    • @sherrimartin7986
      @sherrimartin7986 Год назад +3

      I agree with you Gwillyum.

    • @versa21k71
      @versa21k71 Год назад +1

      @@sherrimartin7986 cause it still exists

    • @judypaulsel9646
      @judypaulsel9646 10 месяцев назад +2

      That’s simply not true !! Damon is one of my favorites he’s already proved himself as a business man and created a clothing empire ❤

  • @getdat
    @getdat 9 месяцев назад +1

    Daymond is a hack