@@epichighslowsofhighschoolf3074 that’s true but airtime could help other investors learn about the company to potentially invest OR airtime could give the company customers and exposure.
They used to have a deal where 5% of the company would be traded so they could even get on the show. Mark Cuban said that’s BS and said he’d quit unless they change the rule. Now it’s just about small startups trying to get exposure.
His deal structures are great. The smart people just need some time to think over them, but the dumb ones just pick Mark or Lori or have their own preferred one and ignore the benefits of the offer.
This segment is a perfect illustration of why debt, among other things, is dangerous. No one wanted to work with him until he brought it up, then all of a sudden everyone sprung to life.
Kind of but not all debt is bad. Like a mortgage is way different than credit debt is. One is an actual asset and the other is a liability. Being able to pay off your debts is another thing and does not have to deal with the quality of the debt. In this case debt isn't that bad of a choice. He had a lot of money in the bank. If done wisely he can pay it off rather easily compared to other businesses. I'm guessing investors like debt since it's more of a guarantee you'll get your money back. Not 100% but you do have some more security
Its more than that, people come on all of the time just for exposure. This particular instance though is also very telling of the Sharks, notice how they took issue with him doing that only until they found out he's willing to do an expensive loan which they love since they're all greedy and like getting paid without having to take much risk or do any work. In other words he took advantage of the platform but they were okay with it because they got to take advantage of him. The guy already has a huge amount of cash so its obvious whats going on here. Kind of just shows you how the whole show is becoming a joke. The Sharks aren't even smart investors to begin with, most of their deals fail and their good ones barely make up for it and thats only the case because all shark tank deals have a tail wind...otherwise they'd be net negative no doubt. They are mostly just lucky to have gotten to where they are, yet they act like experts and feel entitled. VC is for pussies, a true entrepreneur will keep starting their own successful companies from the ground up. But there are very few people like that.
@Aditya Luthra And rightly so because they've all made plenty of stupid deals. Often times they invest just because they like the person, even though the numbers are not good. Thats not rational. Hard work is an indispensable factor for success in anything, but luck is more important. What the sharks all have in common is they had ONE successful business that went from zero to getting acquired by someone else for hundreds of millions or billions, and now all they do is invest...but if its just a matter of hard work, why don't they do it again instead of gambling on start ups? They don't even have to work that hard anymore, they can just be the brains and tell other people what to do. The reason is that lightening doesn't strike twice. I didn't criticize everyone. I have great respect for true entrepreneurs such as Elon Musk, who starts successful companies from scratch time after time not just once.
@@antoniov4152 Oh yes he's such a genius, go on the show for publicity but don't actually take a deal. I'm pretty sure he's the first person to ever have that idea...
@@reecem367 he didn't took a deal he had 3 mills in the bank he didn't needed the investors , when I saw the blankets he showed in tank shark I bought 3 of them , he's a genius
We are investor and private lenders lending our own cash. We lend money to borrowers nationwide (USA) and a few other countries overseas. We offer all types of funding such as fix & flip, buy & hold, equity loans, real estate loans, business loans, personal loans, debt consolidation loans etc . With an affordable interest rate of 4% (Depending on the loan amount) without stress. We are writing to see if you have any deal that needs funding, please contact our office today. You can contact us on our Email: quickpropertyexchangeinc2@gmail.com OR WhatsApp +1(561) 299-4348 Best Regards Whisenant Roger Boyd
The first seasons watching the show I hated kevin . I didn't like how he talked and his investments now I think he is the best shark ever . The funniest most humorous and engaging ....... Mark cuban is great advice wise . Mr wonderful is the shark tank
I totally get why he was on their though. He wanted the resources, experience, advice, and connections they have. He’s new to this, admirable he is looking up to these successful people to be the same. He might have the money to do good but with one of them he will get FAR.
The product is a blanket made out of the kind of cloth in winter jackets. This guy really seemed only there to only give the Sharks an inch of equity and also had 3.5 mil already in the bank.
Can’t blame him as he threw out a reasonable offer and the sharks kept trying to screw him. There will be another investor who will give him exactly the deal he’s looking for.
Mark Cuban is so inconsistent: sometimes he applauds inventors for sticking to their plan and not budging on valuation and other times he rubs his face. That's hard for someone who comes into the tank.
No, I think he is consistent. You have to understand that he didn't appreciate the reason the guy was there to begin with. So, of course he's going to get irritated that the guy is essentially wasting their time. When you realize how much time costs Mark Cuban you understand the headache. Because while these videos are short the actual interaction isn't*
Haha I'm pretty sure everyone that goes on Shark Tank appreciates the exposure, but that doesn't mean they don't want a shark on the team. Even if a business is already successful they can still use help to grow it even further. Sure this guy probably could hire someone to help him with licensing, but if you have the opportunity to get a shark to help you why not?
The exposure is not free though. All presenters have to give up 2% of their company or 5% royalty for appearing on the show. So technically its not an exposure but a paid ad for the paeticipants
@@angelokaufmann6952 When Mark Cuban joined the tank, he forced Shark Tank to get rid of that rule. That was the contingency for him joining their show. Now whether that rule is still in effect in Australia and other nations where Shark Tank exists, I don't know. But in America, it does not exist at all.
Because they lose money from not airing a pitch, and they have to spend more time to record another pitch. Basically everyone loses if they don’t air it, the sharks, the entrepreneur, the people working to make the show.
A lender would want a hell of a lot more than 10% on a 600k loan. If this guy already has $3.5 million in the bank, what was he doing asking them for money?
Because he’s the worst and laziest shark by far. Have you seen his behind the scenes stuff? He Barely gets involved and isn’t hardly willing to lift a finger to help his entrepreneurs
He was willing to give 10 percent on the loan, royalties on every sale for two years and 4% equity... that's a really good offer and great return on investment... the sharks got greedy here...
Insanely greedy, 4% equity in a company that has 2 million in the bank means they get that percentage of those assets. So he was litterally paying them 80k plus a royalty for a high interest loan he didn't even need... and they still wanted more...
@@xorgelopez4740 Rumpl is an outdoor brand. Micky Mouse and the LA Lakers don't live in the forest or beach. If I want licenced material for my kids I will run to Walmart. Also, anything I have bought which is licenced, the quality isn't there.
Guest Shark: I can literally blow this up by 500% tomorrow Also Guest Shark: Look, I'm going to be putting in lots of time here, so I can't do that for less than 10%
Most of his royalty deals are based on total revenues which saps operating costs out of the business, unless Kevin can significantly grow the sales. I'd be careful taking any royalty deal, especially if I had other pure equity offers.
2:18 someone tell me this isnt the mot complicated shark tank deal Edit: 2:34 Kevin made a crazier deal Edit: 3:07 crazier deal Edit: 3:42 Craziest deal ever
So is it like he gets 600k as loan in exchange for getting 5% of his whole sales revenue for the next 2 years and then 4% ownership of his company as equity shares ??
@@peramenehera7054 did u not watch the video or something, to put it simply he wanted a license, obviously they were going to need to do other things, the guy he wanted a deal with was just offering other work and made the deal b.s. cause he knew the guy wanted him.
Why didn't he simply say he wanted a wise partner and would give 10% royalties in perpetuity? Money wasn't really an object, he just wanted advice and he was willing to give a portion of all sales in exchange for it?
Yes, the season premiered Friday and they had to adjust the way the show is produced because of Covid. The sharks don't go up and hug/shake hands with the entrepreneur when they make a deal either.
agree with Rumpl. whatever he was there for. he made a suggestion , based on the offer, after which the sharks then started diluting their offers and increasing equity. no wonder he said no. but he was there for the exposure anyways.
I don't think there is anything wrong at all in him not taking the deal! He put his own blood, sweat,and tears into this business and isn't willing to give up that easily. He's saying if I have to put more time and effort into the business side of my company rather than give up s big chunk of what I've worked for then so be it. Nothing wrong with it.
There is something wrong because he didn’t intend on making a deal, he just wanted TV exposure. Essentially he pushed a horrendous deal, knowing that the sharks will never accept and will deny him, and earning his TV exposure without making any deal.
You can tell Mark hates wasting time and hates when people come in just for the exposure. Can't blame the kid but there are people and business who could really benefit from a deal with the sharks
The shark's offer was terrible. 10% interest as a loan, 5% royalty, AND you want 10% equity?!?! And this is for an established business that has proven sales history and substantial liquid capital in the bank.
The guy was actually looking for Barbara shes not here and for that reason hes out
Lmao
😂
🤣👉🏆
Shes Out.. Side
haha lmfao
"Did you say royalty?... Was I being nasty to you. I take it all back." Lmao!
Lmao!
Lol 😂
It's actually not that funny. He's getting more obnoxious every episode.
I don't trust his business acumen & credibility at this point.
@@vandanamalhotra1657 good point, he's a sell out. Sold out his brand to the online fake gurus
@@hurdur6828 explain what you mean
Mark’s “ughhhh” at the end. Priceless
Lmao
I know loooool
You were payed by ABC to post this, then it was like-botted to top comment to make people watch the whole video.
@@paulgrass4855 and you were payed by "fake news" to post this comment
I love Mark. He calls BS out. This creep is taking another persons slot on the show...one who deserves it
When you REALLY wise up, you learn EVERYONE is there for the airtime.
not really....a deal is going to actaully help.
@@epichighslowsofhighschoolf3074 that’s true but airtime could help other investors learn about the company to potentially invest OR airtime could give the company customers and exposure.
They used to have a deal where 5% of the company would be traded so they could even get on the show. Mark Cuban said that’s BS and said he’d quit unless they change the rule. Now it’s just about small startups trying to get exposure.
@@lesliesackey2515 but what if the sharks hated you enough and decided not to air you though lol
Money woke
I like how Kevin doesn’t force people to pick extremely fast
because he's confident they will come back to him --- and they invariably do! confidence is soooo sexyyyy in a man🥰🥳
Yes he does.
Well Kevin doesn't force people when they being up the manipulative deal themselves 😂
His deal structures are great. The smart people just need some time to think over them, but the dumb ones just pick Mark or Lori or have their own preferred one and ignore the benefits of the offer.
Do you casually watch these on RUclips? Because you clearly don't watch the show.
This segment is a perfect illustration of why debt, among other things, is dangerous. No one wanted to work with him until he brought it up, then all of a sudden everyone sprung to life.
Usury is evil
Kind of but not all debt is bad. Like a mortgage is way different than credit debt is. One is an actual asset and the other is a liability. Being able to pay off your debts is another thing and does not have to deal with the quality of the debt. In this case debt isn't that bad of a choice. He had a lot of money in the bank. If done wisely he can pay it off rather easily compared to other businesses. I'm guessing investors like debt since it's more of a guarantee you'll get your money back. Not 100% but you do have some more security
@@miguelsandoval2903 Yes, a mortgage is fine. Or borrowing in a highly inflationary economy.
@@EGarrett01 mortgages cause the prices of homes to skyrocket.
@@EGarrett01 oof like rn lol
He wasn't interested in selling a stake, he just wanted to free to air TV time.
ruclips.net/video/7ZvTVnW10E4/видео.html
pretty sure is not free lul
@@TheSuperCoolMan122 I doubt it cost him anything apart from fuel and maybe a night in a hotel
3 million in the bank, he gave a good offer. Sharks were too greedy. Fuck them.
@@PLAYAWORLDRecords SELF ADVERTISING GET OUT OF HERE
Mark Cubans got so old. Kevin O'Leary looks the same since the show started.
Mr Burns in real life
baldness hides your age
I believe he should just dye his eyebrows and parts of his hair.
Lmaooooo
Hair dye.
I've never been so confused by offers.
there is something weird going on here, this guy never came for offer and as always, mark cuban knew this from very early
Its more than that, people come on all of the time just for exposure. This particular instance though is also very telling of the Sharks, notice how they took issue with him doing that only until they found out he's willing to do an expensive loan which they love since they're all greedy and like getting paid without having to take much risk or do any work. In other words he took advantage of the platform but they were okay with it because they got to take advantage of him. The guy already has a huge amount of cash so its obvious whats going on here. Kind of just shows you how the whole show is becoming a joke. The Sharks aren't even smart investors to begin with, most of their deals fail and their good ones barely make up for it and thats only the case because all shark tank deals have a tail wind...otherwise they'd be net negative no doubt. They are mostly just lucky to have gotten to where they are, yet they act like experts and feel entitled. VC is for pussies, a true entrepreneur will keep starting their own successful companies from the ground up. But there are very few people like that.
@Aditya Luthra And rightly so because they've all made plenty of stupid deals. Often times they invest just because they like the person, even though the numbers are not good. Thats not rational.
Hard work is an indispensable factor for success in anything, but luck is more important. What the sharks all have in common is they had ONE successful business that went from zero to getting acquired by someone else for hundreds of millions or billions, and now all they do is invest...but if its just a matter of hard work, why don't they do it again instead of gambling on start ups? They don't even have to work that hard anymore, they can just be the brains and tell other people what to do. The reason is that lightening doesn't strike twice.
I didn't criticize everyone. I have great respect for true entrepreneurs such as Elon Musk, who starts successful companies from scratch time after time not just once.
The guy is smart that's all he wanted was advertisement and he got it he won .
@@antoniov4152 Oh yes he's such a genius, go on the show for publicity but don't actually take a deal. I'm pretty sure he's the first person to ever have that idea...
@@reecem367 he didn't took a deal he had 3 mills in the bank he didn't needed the investors , when I saw the blankets he showed in tank shark I bought 3 of them , he's a genius
Mark Cuban has gone full senior within the span of 5 years 👨🦳
He ran out of Adrenochrome.
@@Mynameisjeffffff lmaoo
Yeah, the Mavericks have been a headache for about 5 years too.
Its the vegan diet
I think it’s the lockdown effect. I noticed Most people have gone old in these past two years.
“And really you’ve already said you want to be dating Blake.”🤣 Kevin sure has a way of words
That's essentially what it was though. lol
WHO'S THE ROOSTER AND WHO IS THE HEN ?!🧐🤔🤫
First of all I'll like to say that we're all blessed to have Shark Tank back.
Mr wonderful hasn't aged in like 10 years it must be that shiny bald head
I guess the shine from his head blinds the old age
ruclips.net/video/7ZvTVnW10E4/видео.html
We are investor and private lenders lending our own cash. We lend money to borrowers nationwide (USA) and a few other countries overseas.
We offer all types of funding such as
fix & flip,
buy & hold,
equity loans,
real estate loans,
business loans,
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debt consolidation loans etc .
With an affordable interest rate of 4% (Depending on the loan amount) without stress.
We are writing to see if you have any deal that needs funding, please contact our office today.
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Probably invested in a company which prevents you from aging.
The first seasons watching the show I hated kevin . I didn't like how he talked and his investments now I think he is the best shark ever . The funniest most humorous and engaging ....... Mark cuban is great advice wise . Mr wonderful is the shark tank
Yep, once you grow up and stop being so thin-skinned, you learn to appreciate Mr. Wonderful. Glad to have you on the ship, my brother!
Kevin makes the show. But I believe that overall Mark gives the best advice.
I totally get why he was on their though. He wanted the resources, experience, advice, and connections they have. He’s new to this, admirable he is looking up to these successful people to be the same. He might have the money to do good but with one of them he will get FAR.
Lori: I'm going to tell you what i'm going to do
Whaddya got Lori
Lori: I'm out
She did that for Barbra. 🤣
Imagine nobody was even worried about her 😂😂😂
Why does this man look like Nathan Kress?
LMAO HAHAHAHAH TRUEP
I was thinking John Mulaney, but I can see that too. If the two of them had a baby, it would be this guy.
He came for advice and value to his product...he wasn't going to make a deal for anything because they told him what to do.
They were screwing with him the deals kept getting worst. That was dirty.
@Unknown Awesomeness no they were
@@Unknown-lj7kq It goes both ways, thats business
How do you understand the deals
It’s shark tank not dolphin tank
@@Unknown26557 Dolphins are more agressive and dangerous than sharks tho
Mr. wonderful did a Jedi mind trick, “I like the mr. wonderful idea better”
The product is a blanket made out of the kind of cloth in winter jackets.
This guy really seemed only there to only give the Sharks an inch of equity and also had 3.5 mil already in the bank.
Very relaxed when he said I have 3 mill in the bank😂🤣
He kinda looks like someone from icarly
Freddy Benson🤣
I see that too🤣
Fredward
Throw some jason bourne into that mix too 😅
Can’t blame him as he threw out a reasonable offer and the sharks kept trying to screw him. There will be another investor who will give him exactly the deal he’s looking for.
Mark Cuban is so inconsistent: sometimes he applauds inventors for sticking to their plan and not budging on valuation and other times he rubs his face. That's hard for someone who comes into the tank.
No, I think he is consistent. You have to understand that he didn't appreciate the reason the guy was there to begin with. So, of course he's going to get irritated that the guy is essentially wasting their time. When you realize how much time costs Mark Cuban you understand the headache. Because while these videos are short the actual interaction isn't*
Well mission accomplished he left with the exposure he needed 👍🤝
Haha I'm pretty sure everyone that goes on Shark Tank appreciates the exposure, but that doesn't mean they don't want a shark on the team. Even if a business is already successful they can still use help to grow it even further.
Sure this guy probably could hire someone to help him with licensing, but if you have the opportunity to get a shark to help you why not?
The exposure is not free though. All presenters have to give up 2% of their company or 5% royalty for appearing on the show. So technically its not an exposure but a paid ad for the paeticipants
@@angelokaufmann6952 what no that's bs, I think they changed that rule a while ago
@@angelokaufmann6952 When Mark Cuban joined the tank, he forced Shark Tank to get rid of that rule. That was the contingency for him joining their show. Now whether that rule is still in effect in Australia and other nations where Shark Tank exists, I don't know. But in America, it does not exist at all.
They should just not air clips like this where they just want tv time.
There's enough for everyone to eat and make money. Hoarding is bullshit.
It was good tv and to some degree they are all there for airtime
Gotta respect a man who still says no and doesnt fall under pressure. He went out his way. I respect that.
“Why are you here?” Destroyed him right there😂🤣
i thought the title was insulting him by calling him Rumpelstiltskin
1:08 Here comes Mr. Royalty
The guy is crazy..he just wanted exposure
They have different stages to finally get to the sharks. Not his fault he passed to get to them.
💯
He has other investors and 3.5mil in the bank. He was obviously there for the exposure but you can’t blame him for jumping on a free opportunity
And what’s wrong with that!? Any smart business person would and should do the same !
ruclips.net/video/7ZvTVnW10E4/видео.html
well if he just wanted to go on air for advertise free - why they just dont show it i mean its recorded its not live
I believe there is something in the contract that just for being on the show that the production company gets a small percentage.
They took out that clause after Mark Cuban confronted the show management about it.
They’d have to record more deals then, and that’s more work when they could just show all the deals and get money from the show.
Because they lose money from not airing a pitch, and they have to spend more time to record another pitch. Basically everyone loses if they don’t air it, the sharks, the entrepreneur, the people working to make the show.
"Ugggh". ~Mark Cuban 2020
First he wanted help in licensing. Then he wanted cash for 10% interest and even willing to pay royalty.
Ikr. The whole reason he went there was because of that but he's afraid to give up 10% is something he couldn't figure out how to get license to lol
I love marks response after he said I can’t do these deals
Master class in negotiation. He was doing good until he overstretched himself and lowered his demand. Unfortunate, but I hope he's successful
Damn he got a 4% equity offer from 2 sharks for like a minute, he should have snapped that up
Mark's groan at the end was hilarious.
ruclips.net/video/7ZvTVnW10E4/видео.html
Kevin’s deal was ok if he just negotiated the payback terms and amount a little
bruh Mark was enjoying tf out of his blanket at 1:16 hahahahaha
Mark is just sick of these people coming for tv exposure. It’s so obvious
Barbara: you have lots of money, a great product, and you seem like a great person to work with. For those reasons I'm out!
Barbara: “You wore an ugly green shirt and for that reason I’m out”
Good for him, $600K Loan plus Royalties and equity, they were ripping him off
A lender would want a hell of a lot more than 10% on a 600k loan. If this guy already has $3.5 million in the bank, what was he doing asking them for money?
Damn Damon always/mostly gets rejected 😕
Because he’s the worst and laziest shark by far. Have you seen his behind the scenes stuff? He Barely gets involved and isn’t hardly willing to lift a finger to help his entrepreneurs
Tank exposure. Cha-Ching. “Sorry, guys. I can’t do these deals.”
Rick: "Look, I'm taking all the risk.. best I can do is $50"
0.05 idk why I laughed so hard at this zoom-in XD
He literally came for exposure. He said he would do a royalty deal, gets exactly that - & says nvm lol.
He was willing to give 10 percent on the loan, royalties on every sale for two years and 4% equity... that's a really good offer and great return on investment... the sharks got greedy here...
Insanely greedy, 4% equity in a company that has 2 million in the bank means they get that percentage of those assets. So he was litterally paying them 80k plus a royalty for a high interest loan he didn't even need... and they still wanted more...
As a rumpl fan this approach takes away from the brand look and feel.
What do you mean
@@xorgelopez4740 Rumpl is an outdoor brand. Micky Mouse and the LA Lakers don't live in the forest or beach. If I want licenced material for my kids I will run to Walmart. Also, anything I have bought which is licenced, the quality isn't there.
Guest Shark: I can literally blow this up by 500% tomorrow
Also Guest Shark: Look, I'm going to be putting in lots of time here, so I can't do that for less than 10%
Always go with Mr Wonderful. That guy is effing gold
The problem with kevin is that after he makes his money back he doesn’t care. But he is funny tho
Most of his royalty deals are based on total revenues which saps operating costs out of the business, unless Kevin can significantly grow the sales. I'd be careful taking any royalty deal, especially if I had other pure equity offers.
It's official, this is how you acquire Mr. Wonderful as a business partner:
- offer a royalty
- know your customer acquisition cost
2:18 someone tell me this isnt the mot complicated shark tank deal
Edit: 2:34 Kevin made a crazier deal
Edit: 3:07 crazier deal
Edit: 3:42 Craziest deal ever
bruh, my brain almost exploded trying to read that shit
So is it like he gets 600k as loan in exchange for getting 5% of his whole sales revenue for the next 2 years and then 4% ownership of his company as equity shares ??
I love it he gave them a great deal and they were over doing it
The deal was horrible they would barely receive anything out of his original offer for how much work they had to put in for him
@@peramenehera7054 did u not watch the video or something, to put it simply he wanted a license, obviously they were going to need to do other things, the guy he wanted a deal with was just offering other work and made the deal b.s. cause he knew the guy wanted him.
Hahah he wasn’t gonna take any deal at all... free advertisement for him.
This guy look like Dexter 20 years ago 😂😂😂
Lol.....Dexter? I almost forgot Dexter.....hahahaha!
2:47 *Barbara watching from home:* “Son of a bitch. She stole my line.”
Lori: (makes no offer and instead tricks you into thinking she will) people showing their products: 👁👄👁
Imagine making Kevin O’Leary smile like that ahahaha
It’s weird seeing Daymond in Robert’s seat
I agree. I wish they kept the seating how it originally was
Daymond says : this show is for the people who need the money desperately
Daymond again: I am gonna make you an offer
I can't tell if this guy is a less attractive, or more attractive, version of John Mulaney. 🤔
Kevin was actually the fair one? Lmao.
Why didn't he simply say he wanted a wise partner and would give 10% royalties in perpetuity? Money wasn't really an object, he just wanted advice and he was willing to give a portion of all sales in exchange for it?
"Why are you here?" Like the panel hasn't reviewed his pitch/equity before he walked on the set 😂
Where are the full episodes?!
Where can I watch the whole episode for free?
We Indians have to wait it will release in Voot or Amazon prime 🤣🤣
ABC Friday nights 8/7c
Or watch it illegally on soap2day.to
@@misterio1383 you hero you!
The ABC app of u have a cable provider
He had no intention of doing a deal. Just free publicity
not free they take 1% of your company regardless of a deal
Are those corona episodes? They look like they are social distancing.
True. New season
🤣
Yes, the season premiered Friday and they had to adjust the way the show is produced because of Covid. The sharks don't go up and hug/shake hands with the entrepreneur when they make a deal either.
yes
Yes, some of the deals even have corona mentioned as an impact on the business
2:47 Lori invokes the way of the Barbara
agree with Rumpl. whatever he was there for. he made a suggestion , based on the offer, after which the sharks then started diluting their offers and increasing equity. no wonder he said no. but he was there for the exposure anyways.
I liked when the dude made his offer and he thought about it for a second and then just said “yeah….no.”
As he should, this was probably the most ridiculous offers I've seen
Blake:wonder what my name sounds like... Yeah snake.
I don't think there is anything wrong at all in him not taking the deal! He put his own blood, sweat,and tears into this business and isn't willing to give up that easily. He's saying if I have to put more time and effort into the business side of my company rather than give up s big chunk of what I've worked for then so be it. Nothing wrong with it.
There is something wrong because he didn’t intend on making a deal, he just wanted TV exposure.
Essentially he pushed a horrendous deal, knowing that the sharks will never accept and will deny him, and earning his TV exposure without making any deal.
@@QuadLamb he did intend on making a deal, the sharks just didn't like what he was willing to offer.
I dont think ive ever heard someone called wiley, except ofcourse for the coyote lol
sounds like a great deal. especially for no product haha
Ide love to know exactly what the product is?
A sleeping bag that gives you the ability to super jump from the looks of it
I purchased my daughter one of these. Great blanket.
"i don't know how to do licensing"
his site now shows NFL teams on his merch
Barbara’s not even here but if she was she’d be like “I don’t sleep with blankets so for that reason I’m out “
I don't see why he wouldn't take Mr. Wonderful on the offer for exactly what he wanted.
Why would anyone get equity for loaning money? This deal made 0 sense the entire time
That dude knows what he’s doing, very smart
You can tell Mark hates wasting time and hates when people come in just for the exposure. Can't blame the kid but there are people and business who could really benefit from a deal with the sharks
The shark's offer was terrible. 10% interest as a loan, 5% royalty, AND you want 10% equity?!?! And this is for an established business that has proven sales history and substantial liquid capital in the bank.
Sharks are greedy
Easy
PR and exposure
Not to mention the sharks are great partners
I remember this one guy offered a share for 1 dollar lol
*I forgot, which happens when they fail to complete on the loan 🤔?*
Are there 1 or 2 O’s in Fool?
Lori: “I’m gonna tell you what I’m gonna do.”
Guy: “Whaddya got, Lori? 😊”
Lori: “I’m out.”
Lori is cold 😂😂😂
“DiD yOu SaY rOyAlTy?!?!”
Most confusing fast paced shark tank/ den investment. Although I knew what a royalty, equity and loans are😅
Top secret all sharks are invested in his company already and they too are using this for free air time
Purely for Exposure! Very obvious even though he said he wasn't
He almost gave away 60k and a piece of his company for no reason other than being on tv 🤦🏾♂️
Dude really came to the show with a load of money just to reject all offers. Now that's flexing