@@germsslick8625 true, though ppl do these things mostly for the opportunity of upscaling exponentially, by benefiting from the experience and connections sharks have
A lot of the people on this show have ideas that can make them millions. They prove that someone like me can become rich. But I'm very unproductive and lazy, and for that reason, I'm out.
@@dr2377 eh, just a personality mismatch. I still intensely dislike him but detached from the initial reaction, I don't begrudge him his success. I still suspect we'd hate each other instantly if we ever crossed paths in person though.
@@xc5tnc148 I find him incredibly arrogant and don't have much time for people obsessed with money. I'm sorry I'm not enough of a capitalist to be impressed by him.
@@arwen-_-E.M.P. I think it has something to do with running or something like that(like a marathon, triathlon kind of thing...I think it's popular in the US...I heard that on the original Shark tank I think). I'm from Europe...never heard of that company also before watching Shark tank hahaha
I think bill and john actually got a gig, I'm seeing double chuck drills but im not too sure since they're called screwdrills. But its the exact function they patented. Edit: THEY DID IT, The double chuck drill is by john and bill and they got it with WORX, that is crazy honestly seeing it feels very familiar so I think my dad has/had one, crazy how small the world can be at times
WORX sells a two chuck drill, but you have to spin it by hand. So either this was the competitor they were talking about, or they got ripped off after showing the product. (Or possibly, they do have a deal with WORX, but it got cost optimized to not auto-switch.) Sad either way.
There are two chuck drills already, but you need two hands to turn it. Bill and John's invention is the two chuck drill that can turn with one hand. It just uses a lever you can pull with your thumb.
42% is a lot but tbf his aim was to have only a few high traffic stores in a few locations, so it's more a of a gourmet restaurant and those don't tend to have more than a handful of big investors
@K B Steve understands technology and he had valid points/questions. It was a shame that the girl entered shark tank saying she was compared to elon musk and then later on failed to answer steve's questions.
These sharks are nice people. Nicer than dragons of UK. Not that the dragons are not nice people. But these sharks help the pitchers in negotiating. Fantastic
The fact that I’ve heard of the cupcake one and have seen their ads all the way in Canada shows how successful he was without the scam of the Sharks. He’s so lucky he held firm.
Yeah that kid fucked up big, the parents were to greedy. She’s the most ruthless and best business woman. If she offers you big equity, you’re likely gonna grow.
@@astronemir For the hardwork he has put into building the company, I would say he did the right thing. His business is growing at a pretty good rate as it is, which may be slow for some people but tell me how many people can say they sold 55K worth of product in 8 days when obviously there are other big donut companies out there.
@@astronemir lol. Hes created a $200 million dollar company (valuation was in 2019) and still owns 100% of it and even now, in 2022 its still fully functional and operational with stores across Melbourne and Australia wide customers. I reckon he made the right choice. Its dumb comments from people like you who don't understand what its like to create something out of nothing to then be told to give almost HALF of it to someone who could potentially just sit and wait for a pay check that are the reason why you're watching kids like Morgan, not being like Morgan. Leave the business deals to us - business owners. We'll call you when it's time to look for overstated employees.
Anyone with a business sense able to explains Janine's logic around not wanting to invest in "blue skies" or future outcomes. It's 100% a factor in her decision to invest yet she doesn't want to acknowledge it or pay for it.
It's more because most people's projections are based on where they want to be than where they're actually going to be in the upcoming years. Blue skies is like saying "well if everything goes according to plan" which in business things very rarely do. The Google definition puts it best, Blue sky is an additional premium paid for goodwill, or the potential to make more money by adding services or products. When buying a business you should pay for the value of the business and not for “blue sky.” Valuing a business is part science, part art and part trust.
@@DingisMcGee Yeah, they did. But mostly because their entire clientelle were public sports events organisers. Which is kind of a bummer when most public sports events are banned globally for almost two years.
@@AkhiSyahmi_ It is possible she knew exactly how it works, but didn't want to describe it for fear of getting ripped off. Sometimes you have to make quick decisions like that. (It's also possible she had an engineer design it for her, but he wasn't available on the show and that's an answer that wouldn't help.) In any case, a yoga pants suit like that is perfectly feasible and I don't get why he was in such disbelief. Maybe there should have been a 3D figurine in the app to "prove" to the user that it knows how their body is posed.
*lmao. The last girl "the female Elon musk" rofl 😅is out of her mind. Asking for 1. 8 million for 18% of her business. She really believes her business is worth that much. What did she smoke?*
sTEVE IS THE MOST ENTERTAINING SHARK HERE, HE'S GOT PERSONALITY, PERSONAL DRAMA WITH OTHER SHARKS, AND HE PLACE FAKE OFFER TO HELP CONTENTANT GET BETTER DEAKS FROM OTHER SHARKS
I hope there is Shark Tank Philippines so other entrepreneurs can also make ways and have expert support in business and selling..May the tycoons in the Philippines convene to start Shark Tank Philippines
That kid is a monster, he's got a great business, i would never have given anything over 25%, and it's great he had the balls to just walk away from that deal, because that was still ridiculous. Sure, she would have kicked off his business real fast to get real big, but he can do it slower and own far more, and with some coaching he'll do better than he'll do on his own, and she'd basically do good to still invest soon after this, for less equity. The old gents, well, get that patent everywhere, license the double chuck design to the bigger companies, get rich sleeping. That's how it should go, i have no idea why this is not in every dyi store. The time construction workers would save over a year, it's nuts. I really think that, and then there's ease, which is worth a lot to be honest. The woman in the end is nuts with her evaluation, but i do think this could be a big deal worldwide. She has not sold anywhere near enough to get the evaluation, but she will grow.
I love Steve's questions at the end. Is there a gyrometer of some kind inside each sensor in the pants? How are the sensors positioned to ensure consistency about where they end up relative to posturally significant musculoskeletal landmarks? I know TV show editing does people dirty, so I'm sure she knows the tech better than she's made to look like she does -- but it is still concerning that it seems she couldn't give a clear straightforward rundown of how the system works from end to end. Postural physics are more complex than people realize. If you nail exact placement of sensors over anatomical landmarks and also nail perfect sensor precision, then that will do a lot, but I'm not convinced the former is realistically possible with clothing/without placement for each use by someone trained in anatomy.
@@freeza2g Your reasoning is sound from a general design standpoint, but unfortunately not sound from an anatomical standpoint. Anatomy and resultant biomechanics vary extremely widely among individuals of even the same clothing sizes, or even more finely divided clothing sizes. That's why proper palpation training and postural assessment training in manual medicine fields (physical therapy being the better example, personally I was a medical massage therapist for some time among other medical geekery lol) takes months and months of practice under supervision before being able to do it consistently in an independent way. It takes a lot of nuance to develop the sort of x-ray-vision-imagination needed to look at a body and know exactly where the person's significant anatomical landmarks are. If we were to set up a study, even if we stipulated that we're comparing within a group of people who all wear the same clothing sizes _and_ have the same body fat percentage over the same total amount of musculoskeletal mass, we'd still end up with many different relative positions of various joints even within such a carefully pared down group. I just don't think it's realistically possible for a clothing item like this to be as universally applicable for form-training as it wants to be, though I love the notion in the abstract. It may yield some improvement in general compared to not using any sort of sensor feedback, but I doubt it'd be enough to justify the investment for most individuals. That said, this last part is certainly speculative and data could prove me wrong on the overall benefit for sure. I'm just confident from my studies and experience that the sheer scale of human divergence in musculoskeletal anatomy would prevent consistent sensor location without greater customizability and the involvement of a trained eye in determining placement on each individual.
@@freeza2g she said "machine learning" and "99% accuracy", anyone who worked or has an idea about machine learning can tell you that 99% accuracy on a complex system like this is rubish, my current idea is that the data they used is extremely biased
the owner of Bistro Morgan is known to be the youngest millionaire and I'm assuming the sharks boosted him (I could be wrong)I know this because I saw him on TV. Very creative guy
well i guess as she said, she did not invest but janine mentored him. thats still a great deal since some go to the shark tank for that kind of experience.
I’m American and watching these Australian episodes for the first time today and I love how everyone kisses the ladies on the cheek. Such a sweet normality
Steve ripped that last girl apart. His points were very valid and she wasn’t clear at all regarding how the technology operated. Feel bad but at the same time it was necessary
yes but it's not all ill intended, sharks often put in leg work to receive greater returns on their investment. Her specific expertise offers an opportunity to exponentially grow this specific business BUT at the cost of her investing far more time into it. So the 200k for 42% stake she is offering is to cover her cost. she just want's to get paid for her effort in the business growth and 20% isn't enough for the work she wants to put in. It's a trickier game than it actually seems. because if 200k alone was gonna put his business through the roof he could just get a loan and not give up a single % of he ownership
@@LostBoyRed88 His growth was good enough, showing he will do good without her help. The thing is you can’t state “a lot my time” into a contract, but you CAN state 42% equity. I really doubt she would have done more work than if she just owned 20%, also considering she does have other business, she simply can’t spend too much time with just this one. She was trying to justify a robbery in broad daylight with “I will have to put in my sweat”. If she really felt this way she would say it in every deal she makes.
@@medes5597 That's why America is superior, because America encourages religious creativity, and Americans EVOLVED Christianity from Catholicism to Evangelical Christianity, and Amsrica will continue to evolve religion and lead the world.
@@JosedeJezeus and then you see cardi b twerking on award shows and Kim k being a role model not to mention the rise in the lgbt community America is so religious
@@m1kel702 I figured she went high at first because the kid made the mistake of telling everybody in the room she was his preferred investor. because he did that, now she really knows her value to him so ofcourse she would offer a high percentage. happy he didn't get bullied into accepting her offer especially looking at 20% being a big percentage of his business already.
I always hate watching how the sharks use their financial power to take advantage of the people on the show by giving them ridiculous offers that they often feel they cant refuse due to their circumstances and pressure of being on the show. I love that Morgan didn't take their offers. He deserved better he's worked so hard for it.
Welcome to the world of investors, this is actually extremely watered down compared to what happens behind closed doors. You can’t hand out 100,000s of dollars without a return or you won’t be investing further.
Jeg flipper ider inni skallen nå angående trappa Du hva skjer hvist du hvill bruke denne trappa opp en skråning med trilleboren og så legger du en planke i mitten og så trinn på hver side av planken så kann su fint trille en trilleboren opp skråningen?
@@notanagger4861 ha, i never took any sort of philosophy classes. My philosophical talents arose naturally. Philosophical thought is what makes human beings superior to the rest of Earth's creatures. My core philosophical belief is this: The human brain is the end-point of evolution, because the human brain can understand how the Universe works. *We are a GENIUS thing,*
Tf was impressive about the smoothie guy? It honestly just seems like he just grifted a whole slew of people into funding his dime-a-dozen internet-to-your-doorstep hipster food startup that's gonna crash and burn as soon as the novelty wears off, and him being the smallest shareholder out of everyone, he literally has the least to lose. He literally said he gave out all this equity to whoever would take it because he needed "a lot of growth, fast" his company might as well be called Red Flag Incorporated
The drill inventor didn't read the story, 'Acres of Diamonds'. I like the drill's function but not the fact that the unused chuck spins. I see it as a potential safety issue.
Imagine not understanding the technology, and screaming random words like “Machine Learning” and “Haptic Feedback” without actually understanding their principles, and then comparing yourself to Elon Musk 😂😂😂... One persons trying to save humanity, and transition the world to renewable energy.. the other is selling non calibrated vibration pants. 💀
Imagine thinking Elon Musk is some great person trying to save humanity. He is a smart guy who is also a cutthroat business man wanting to be the richest man in the world.
Actually, Musk knows just as little as she does about AI, Machine Learning and Neuroscience, and has no problem talking like an expert. His latest presentation of Neurolink was ridiculous, unfortunately his fanbase fawning totally overshadowed all the criticisms from real neuroscientists.
It's possible she did understand the principles, but didn't want to reveal too much for fear of being copied. That is the tech industry, sadly. China will rip you off faster than you can blink, even if you have a dozen patents.
Didn't make me angry, it made me angry that the shark was trying to solve problems he has in other techs using her tech.......... Pay the money become an investor and then you can see the inside proprietary stuff that they spent years doing research and development on. At this stage if she can prove it works............ that's all they need to know otherwise why pay for what you can get free. I mean she showed that it worked, it knew she was in the pose...
@@tcmhammer Well if she actually understood the tech herself then she would be able to answer his question. None of the answers she provided answered a single question Steve asked, they were just unproven facts. What he was asking was “how does the tech work” basically meaning it’s far fetched to think only 5 sensors could interpret the dimensions between all limbs. Which is why you see people using haptic suits for video game modeling and movies. Those have roughly 60 sensors in them. Yes the product works but is it accurate is what he is saying and she could not prove that the system was accurate other than saying “trust me guys it’s accurate”.
@@sansmojo lol 1.That’s not true at all. 2.He asked “HOW it works” not “THAT it works” 3. He only called it BS after she couldn’t give him a straight answer and said her sample size was only a couple hundred people followed by there is no calibration feature. His first question was how many sensors there were. He followed up that by asking how do the sensors accurately determine for each person without a calibration feature and she didn’t give him a straight answer and basically said “trust me and the research” that’s not concrete at all. If she’s asking for a million dollar with no actually breakdown of how the sensors work then she’s shooting herself in the foot. Her sample size was way too small, doesn’t have enough sensors, and not enough research done to be accurate for every person.
Janine is a very accomplished Yogi, I can see that because I am a yoga nut myself. The sensor thing seems very gimmicky, it would never replace correction/adjustment from a yoga teacher.
That double chuck drill would sell. It wouldn't be that common in the trades, more of a home-DIY tool. It's a bit concerning TTI and SB&D didn't want involvement though.
17 year old Morgan: making $55000 in his first week of business.
Me, a 17 year old: watching Morgan making $55000 in his first week of business.
@@treeofrage7622 me at 39 lol 🤷♂️
He could just work for another 5 weeks and keep 100% of his business
@@germsslick8625 true, though ppl do these things mostly for the opportunity of upscaling exponentially, by benefiting from the experience and connections sharks have
Me at 30 like wtf
me at 34 lol
A lot of the people on this show have ideas that can make them millions. They prove that someone like me can become rich. But I'm very unproductive and lazy, and for that reason, I'm out.
Don't worry, I still love you
Underrated comment
I no cash
@@leovnambo i’m hip lmao
comedy gold
The first young man was a cute kid and actually very smart. I’m glad he didn’t let bullies stop him from his goals. God bless!
Really? I hated him. I hope he fails, arrogant git.
@@medes5597 Sorry you never made it.
@@dr2377 eh, just a personality mismatch. I still intensely dislike him but detached from the initial reaction, I don't begrudge him his success. I still suspect we'd hate each other instantly if we ever crossed paths in person though.
@@medes5597 just decides he hates someone from not even meeting him. Just seems guttered this fellah has his shit sorted
@@xc5tnc148 I find him incredibly arrogant and don't have much time for people obsessed with money. I'm sorry I'm not enough of a capitalist to be impressed by him.
Although Steve seems a little bit savage, he is actually a kind person with a warm heart.
When he said iron Man was his customer it took me a second to realize he was talking about the sports company
I didn’t realize that company existed…
When he said iron Man was his customer it took me until reading this comment to realize he was talking about the sports company
😂😂
@@arwen-_-E.M.P. I think it has something to do with running or something like that(like a marathon, triathlon kind of thing...I think it's popular in the US...I heard that on the original Shark tank I think). I'm from Europe...never heard of that company also before watching Shark tank hahaha
I think bill and john actually got a gig, I'm seeing double chuck drills but im not too sure since they're called screwdrills. But its the exact function they patented.
Edit: THEY DID IT, The double chuck drill is by john and bill and they got it with WORX, that is crazy honestly seeing it feels very familiar so I think my dad has/had one, crazy how small the world can be at times
Nice
WORX sells a two chuck drill, but you have to spin it by hand. So either this was the competitor they were talking about, or they got ripped off after showing the product. (Or possibly, they do have a deal with WORX, but it got cost optimized to not auto-switch.) Sad either way.
There are two chuck drills already, but you need two hands to turn it. Bill and John's invention is the two chuck drill that can turn with one hand. It just uses a lever you can pull with your thumb.
I love how the other sharks called out Janine for her bs with Morgan.
42% lol
42% is a lot but tbf his aim was to have only a few high traffic stores in a few locations, so it's more a of a gourmet restaurant and those don't tend to have more than a handful of big investors
@@rishabhsingh7419 pop
I think her intention is for him to learn how to give a counter offer, but i dont think he’s ready for that
@K B Steve understands technology and he had valid points/questions. It was a shame that the girl entered shark tank saying she was compared to elon musk and then later on failed to answer steve's questions.
Respect to the sharks for helping bill and john. Made me feel very good seeing them get help.
These sharks are nice people. Nicer than dragons of UK. Not that the dragons are not nice people. But these sharks help the pitchers in negotiating. Fantastic
Indeed they are still humans
yep
Ii
My name is Naomi Simson. It's sunny outside and for that reason i'm out.
You're not wearing red and for that only reason, i am out.
That red dress has to be rotting by now! She's been wearing it for years !
😂😂
50:43 Steve face when Janine was doing her complex yoga moves cracked me up! “Doesn’t that hurt?” 😂
The fact that I’ve heard of the cupcake one and have seen their ads all the way in Canada shows how successful he was without the scam of the Sharks. He’s so lucky he held firm.
damn, good for him! I wonder if the shark actually helped him?
Cupcake? Did you mean donut?
"This is fun." I would invest more than that 17 year old is asking just to get in... Kid's got it.
yeah but I think the asking price also considers the publicity and experience that comes with the sharks
Morgan's Dad saved him
Exactly. Just saw someone else comment that he screwed him. Like no bruh. 😂
@@JuanRamirez-bj6qe damn 😂
The donut dude is amazing. What an incredible kid!!! WOW I’m tearing up at how much hard work he’s put into his business.
I think his parents just stopped him from taking an extraordinary opportunity
Yeah that kid fucked up big, the parents were to greedy. She’s the most ruthless and best business woman. If she offers you big equity, you’re likely gonna grow.
@@astronemir For the hardwork he has put into building the company, I would say he did the right thing. His business is growing at a pretty good rate as it is, which may be slow for some people but tell me how many people can say they sold 55K worth of product in 8 days when obviously there are other big donut companies out there.
@@astronemir lol. Hes created a $200 million dollar company (valuation was in 2019) and still owns 100% of it and even now, in 2022 its still fully functional and operational with stores across Melbourne and Australia wide customers. I reckon he made the right choice.
Its dumb comments from people like you who don't understand what its like to create something out of nothing to then be told to give almost HALF of it to someone who could potentially just sit and wait for a pay check that are the reason why you're watching kids like Morgan, not being like Morgan. Leave the business deals to us - business owners. We'll call you when it's time to look for overstated employees.
@@itsfqndave OMG. 💀😂😂😭
Anyone with a business sense able to explains Janine's logic around not wanting to invest in "blue skies" or future outcomes. It's 100% a factor in her decision to invest yet she doesn't want to acknowledge it or pay for it.
It's more because most people's projections are based on where they want to be than where they're actually going to be in the upcoming years. Blue skies is like saying "well if everything goes according to plan" which in business things very rarely do.
The Google definition puts it best, Blue sky is an additional premium paid for goodwill, or the potential to make more money by adding services or products. When buying a business you should pay for the value of the business and not for “blue sky.” Valuing a business is part science, part art and part trust.
The On the Go deal ended up falling through but they’re now a multi million dollar company so they’re still super successful
They’ve filed for bankruptcy, actually.
So yeah, nah.
@@DingisMcGee doesn't seem like it... i found their website fairly quickly and they still seem in buisness
@@DingisMcGee Yeah, they did. But mostly because their entire clientelle were public sports events organisers. Which is kind of a bummer when most public sports events are banned globally for almost two years.
@@Posiman i assume that pandemic really hit hard businesses today. What could be the projected valuation after this pandemic of OntheGO business?
Morgan is just one amazing young man.
Dave : How does the tech work ?
Ans : we have 99 % accuracy every time !
XD !
90% of the time it works 100% of the time!
Honestly I cackled way too hard at that
He was worried about two input calculations but I think he forgot the sensors in the hips.
The last one lost me at "People have compared me to the female Elon Musk". She seems narcissistic and delusional
ikr. When she cant even tell how the sensor works. What a cheap Elon she is.
Delusional 100% she's valuing her buissnes at fricking 10 million without any sales. She's out of her mind.
She's like that Thanos girl
Elon musk is narcissistic and delusional. She is not lying.
She is just a poorer version of him.
@@AkhiSyahmi_ It is possible she knew exactly how it works, but didn't want to describe it for fear of getting ripped off. Sometimes you have to make quick decisions like that. (It's also possible she had an engineer design it for her, but he wasn't available on the show and that's an answer that wouldn't help.)
In any case, a yoga pants suit like that is perfectly feasible and I don't get why he was in such disbelief. Maybe there should have been a 3D figurine in the app to "prove" to the user that it knows how their body is posed.
*lmao. The last girl "the female Elon musk" rofl 😅is out of her mind. Asking for 1. 8 million for 18% of her business. She really believes her business is worth that much. What did she smoke?*
sTEVE IS THE MOST ENTERTAINING SHARK HERE, HE'S GOT PERSONALITY, PERSONAL DRAMA WITH OTHER SHARKS, AND HE PLACE FAKE OFFER TO HELP CONTENTANT GET BETTER DEAKS FROM OTHER SHARKS
cAPITAL LETTERS
@@papplman C* LOL
I hope there is Shark Tank Philippines so other entrepreneurs can also make ways and have expert support in business and selling..May the tycoons in the Philippines convene to start Shark Tank Philippines
GOOD FOR THE KID!!!, they were totally taking advantage of him. you dont need them kid, not one bit.
That kid is a monster, he's got a great business, i would never have given anything over 25%, and it's great he had the balls to just walk away from that deal, because that was still ridiculous.
Sure, she would have kicked off his business real fast to get real big, but he can do it slower and own far more, and with some coaching he'll do better than he'll do on his own, and she'd basically do good to still invest soon after this, for less equity.
The old gents, well, get that patent everywhere, license the double chuck design to the bigger companies, get rich sleeping.
That's how it should go, i have no idea why this is not in every dyi store.
The time construction workers would save over a year, it's nuts. I really think that, and then there's ease, which is worth a lot to be honest.
The woman in the end is nuts with her evaluation, but i do think this could be a big deal worldwide.
She has not sold anywhere near enough to get the evaluation, but she will grow.
Just bought a double chuck drill. Thanks John!
No you didn’t lmao
10:49 '5 percent is 5 percent.' Can't argue with that!! 😆😝
That first kid will hit his Billion Dollars, just watch and see. Well Done Man.
The Blendies guy just came on for the show to promote their product. He wasn’t actually looking for a deal.
Definitely. He even pulled the "other investors" card out when he had an offer.
the nadi x girl hurt my soul. buzz words are surface level
yeah, sounded like a scam
I love the kindness shown by these Sharks
I love Steve's questions at the end. Is there a gyrometer of some kind inside each sensor in the pants? How are the sensors positioned to ensure consistency about where they end up relative to posturally significant musculoskeletal landmarks? I know TV show editing does people dirty, so I'm sure she knows the tech better than she's made to look like she does -- but it is still concerning that it seems she couldn't give a clear straightforward rundown of how the system works from end to end. Postural physics are more complex than people realize. If you nail exact placement of sensors over anatomical landmarks and also nail perfect sensor precision, then that will do a lot, but I'm not convinced the former is realistically possible with clothing/without placement for each use by someone trained in anatomy.
@@freeza2g Your reasoning is sound from a general design standpoint, but unfortunately not sound from an anatomical standpoint. Anatomy and resultant biomechanics vary extremely widely among individuals of even the same clothing sizes, or even more finely divided clothing sizes. That's why proper palpation training and postural assessment training in manual medicine fields (physical therapy being the better example, personally I was a medical massage therapist for some time among other medical geekery lol) takes months and months of practice under supervision before being able to do it consistently in an independent way. It takes a lot of nuance to develop the sort of x-ray-vision-imagination needed to look at a body and know exactly where the person's significant anatomical landmarks are.
If we were to set up a study, even if we stipulated that we're comparing within a group of people who all wear the same clothing sizes _and_ have the same body fat percentage over the same total amount of musculoskeletal mass, we'd still end up with many different relative positions of various joints even within such a carefully pared down group.
I just don't think it's realistically possible for a clothing item like this to be as universally applicable for form-training as it wants to be, though I love the notion in the abstract. It may yield some improvement in general compared to not using any sort of sensor feedback, but I doubt it'd be enough to justify the investment for most individuals. That said, this last part is certainly speculative and data could prove me wrong on the overall benefit for sure. I'm just confident from my studies and experience that the sheer scale of human divergence in musculoskeletal anatomy would prevent consistent sensor location without greater customizability and the involvement of a trained eye in determining placement on each individual.
@@freeza2g she said "machine learning" and "99% accuracy", anyone who worked or has an idea about machine learning can tell you that 99% accuracy on a complex system like this is rubish, my current idea is that the data they used is extremely biased
@Christian Dinkelborg Great point
@@Jean-ii8cg I got an Elizabeth Holmes vibe from her. Especially when her voice lowered when she started her pitch to the sharks lol
She’s proper trying to show off in the yoga part lol
Even if they weren't uncomfortable, the sensors in the yoga pants were huge, and she had absolutely NO idea how it works. Very disappointing.
the owner of Bistro Morgan is known to be the youngest millionaire and I'm assuming the sharks boosted him (I could be wrong)I know this because I saw him on TV. Very creative guy
well i guess as she said, she did not invest but janine mentored him. thats still a great deal since some go to the shark tank for that kind of experience.
Steve trying to figure out the yoga pants like its an advanced calculus problem. 😂
I’m American and watching these Australian episodes for the first time today and I love how everyone kisses the ladies on the cheek. Such a sweet normality
bistro morgan: i was like.... f*cccckkkk.. his daily routine amazed me a lot
From fat kid with big glasses to a cute guy who's successful and girls would easily get a crush on . Well done mate❤️🔥
3:29 Steve on every single episode:
-Where are you from mate?
-I'm from x location
-Uppffff...
Steve ripped that last girl apart. His points were very valid and she wasn’t clear at all regarding how the technology operated. Feel bad but at the same time it was necessary
I would buy that drill in a heartbeat!
Anybody know if its actually worth 25 mil?
I imagine those yoga pants could make a killing during the lockdowns.
I learn how to do business in real life…than in my mba class…..
And I adopted many ideas than I learn and many come to be sucess full
wow, first guy was phenomenal, great job!
nice vid
i love shark tank aus cuz the sharks r nice
Thats the only reason i watch
27:47 - when do you have fun
- this is fun.
Smart boy, no need to be wasting time. Learning business from young is great and can be fun.
Words you will never hear from the American or UK sharks: "Even if we don't do a deal I will still be your mentor."
The first one was so fucking amazing
21:45 Offering 10%, the guy on stage has 10% stake. Is he just selling all of his stake in the business? LOL.
* and then there's dilution *
I love Steve... he's so precious! Like a dorky dad ^_^
21:15
Misstress : Benjamin what are we gone do with you ?
the look 😅😂
That double chuck drill is ingenious
One hour with Janine! Awesome answer.
10%the beautiful figure 😍
It felt like Janine was kinda trying to use a young mans ignorance to get a quick buck, kinda dissapointing...
He wasn't ignorant at all. He denied the offer whoch was the right thing to do.
yes but it's not all ill intended, sharks often put in leg work to receive greater returns on their investment. Her specific expertise offers an opportunity to exponentially grow this specific business BUT at the cost of her investing far more time into it. So the 200k for 42% stake she is offering is to cover her cost. she just want's to get paid for her effort in the business growth and 20% isn't enough for the work she wants to put in.
It's a trickier game than it actually seems. because if 200k alone was gonna put his business through the roof he could just get a loan and not give up a single % of he ownership
@@LostBoyRed88 His growth was good enough, showing he will do good without her help. The thing is you can’t state “a lot my time” into a contract, but you CAN state 42% equity. I really doubt she would have done more work than if she just owned 20%, also considering she does have other business, she simply can’t spend too much time with just this one. She was trying to justify a robbery in broad daylight with “I will have to put in my sweat”. If she really felt this way she would say it in every deal she makes.
ha h aha ha ha..... just explain the tech....... made my night
Please reduce the volume of the background music. It's distracting at times
I stopped watching shark tank, cos i couldn't bear the annoying music
The look on Jenene"s face when Steve F'd up the first deal for all three sharks 😂
I'm just impressed how open Australian people are talking about sex on television.
Lmao. Everyone but America is like that.
@@medes5597 That's why America is superior, because America encourages religious creativity, and Americans EVOLVED Christianity from Catholicism to Evangelical Christianity, and Amsrica will continue to evolve religion and lead the world.
@@JosedeJezeus lmao. Death to America.
@@JosedeJezeus and then you see cardi b twerking on award shows and Kim k being a role model not to mention the rise in the lgbt community America is so religious
@@drip2hard976 America will give birth to the religion of the future. Just pay attention.
Er det krav til temperaturen på maten ferdig levert?
Må kunder selve varme maten hjemme for maten er kall?
I wish there was 👃 smell o vision, those donuts 🍩 look AMAZING…. The fact that kid has that kind of work ethic at 17 is mind blowing!
that first one. he didnt crack. love that kid. lol
Just lost ALL respect for Janine - she is a straight savage ... $200k for half this kids business. What a piece of work.
Janine always offers predatory deals, she's a nasty piece of work
Or she went high at first because what she really wanted was the 33%. Kid doesn’t know how to negotiate
@@m1kel702 I figured she went high at first because the kid made the mistake of telling everybody in the room she was his preferred investor. because he did that, now she really knows her value to him so ofcourse she would offer a high percentage. happy he didn't get bullied into accepting her offer especially looking at 20% being a big percentage of his business already.
Bruh this was a no brainer 500000 for 40%
I always hate watching how the sharks use their financial power to take advantage of the people on the show by giving them ridiculous offers that they often feel they cant refuse due to their circumstances and pressure of being on the show. I love that Morgan didn't take their offers. He deserved better he's worked so hard for it.
Leach tank?
Welcome to the world of investors, this is actually extremely watered down compared to what happens behind closed doors. You can’t hand out 100,000s of dollars without a return or you won’t be investing further.
Jeg flipper ider inni skallen nå angående trappa
Du hva skjer hvist du hvill bruke denne trappa opp en skråning med trilleboren og så legger du en planke i mitten og så trinn på hver side av planken så kann su fint trille en trilleboren opp skråningen?
13:11 my man goes in for the kiss
Business and entrepreneurs rock!!!! 🥳
philosophers are better.
@@JosedeJezeus no
@@notanagger4861 Yes, philosophers change the course of history. The greatest men are philosophers, not business men.
@@JosedeJezeus Sounds like someone is regretting taking a philosophy class and feels underappreciated
@@notanagger4861 ha, i never took any sort of philosophy classes. My philosophical talents arose naturally.
Philosophical thought is what makes human beings superior to the rest of Earth's creatures.
My core philosophical belief is this: The human brain is the end-point of evolution, because the human brain can understand how the Universe works.
*We are a GENIUS thing,*
The blendies , should come pre mixed, or have the ingredients flash frozen so they don’t have to get all the ingredients and stuff themselves
Janine is TRIPPIN with Morgan
He thanked his invention!! That’s respect ✊🏻
“Trust me bro, it works.”
For anyone wondering, Morgan Hipworth’s net worth is now $200 million
Den bormarskina
Nor du skall jobbe innimellom ting på et trankt sted hvordan feste skruene må du da ta ut borret for og komme dypt nokk?
Hvem kjører vinter leverings test på mat levering fra alle disse firmaene i Norge nå nor det er vinter
Og mange minusgrader?
the first one can be in the future all clothes!! omg a suite, dresss or anyting on the go wow yesss
Only decent business opportunity in this video was the donut shop.
Didn't this show end a while ago?
Ok so like these are the best donuts I have ever tasted they are so good the cookie monster was fireeeee
How much they take for advertisement?
The 2nd guy was selling human fish food 😂
Was it soylent green?
This young man is amazing!!
Well looks like Jennys out as usual!
Did she ever invest? New viewer of ST Australia but I haven’t seen her invest once.
What talented young man
I LOOOOVE STEVE (pause)
“Fingers crossed” me: yeah, eyes to.
Naomi : I saw RedB TShirt, hence I am OUT
Tech company exists. An Indian guy works there.
Tf was impressive about the smoothie guy? It honestly just seems like he just grifted a whole slew of people into funding his dime-a-dozen internet-to-your-doorstep hipster food startup that's gonna crash and burn as soon as the novelty wears off, and him being the smallest shareholder out of everyone, he literally has the least to lose. He literally said he gave out all this equity to whoever would take it because he needed "a lot of growth, fast" his company might as well be called Red Flag Incorporated
what happens when you have to wash yoga pants??
The drill inventor didn't read the story, 'Acres of Diamonds'.
I like the drill's function but not the fact that the unused chuck spins. I see it as a potential safety issue.
was thinking the exact same thing
Imagine not understanding the technology, and screaming random words like “Machine Learning” and “Haptic Feedback” without actually understanding their principles, and then comparing yourself to Elon Musk 😂😂😂... One persons trying to save humanity, and transition the world to renewable energy.. the other is selling non calibrated vibration pants. 💀
Imagine thinking Elon Musk is some great person trying to save humanity. He is a smart guy who is also a cutthroat business man wanting to be the richest man in the world.
@@tcmhammer And a conman at times, eg SolarCity buyout.
Actually, Musk knows just as little as she does about AI, Machine Learning and Neuroscience, and has no problem talking like an expert. His latest presentation of Neurolink was ridiculous, unfortunately his fanbase fawning totally overshadowed all the criticisms from real neuroscientists.
It's possible she did understand the principles, but didn't want to reveal too much for fear of being copied. That is the tech industry, sadly. China will rip you off faster than you can blink, even if you have a dozen patents.
Andrew: He's going to try to get us all in at 15%
Mick: I wonder if you would be willing to work together at 15%
Andrew: _smug intensifies_
😂
thge last one made me so angry, she has no clue about her own technology
Didn't make me angry, it made me angry that the shark was trying to solve problems he has in other techs using her tech..........
Pay the money become an investor and then you can see the inside proprietary stuff that they spent years doing research and development on.
At this stage if she can prove it works............ that's all they need to know otherwise why pay for what you can get free.
I mean she showed that it worked, it knew she was in the pose...
It seems more like the shark didn't understand the tech and made everyone else doubt her.
@@tcmhammer Well if she actually understood the tech herself then she would be able to answer his question. None of the answers she provided answered a single question Steve asked, they were just unproven facts. What he was asking was “how does the tech work” basically meaning it’s far fetched to think only 5 sensors could interpret the dimensions between all limbs. Which is why you see people using haptic suits for video game modeling and movies. Those have roughly 60 sensors in them. Yes the product works but is it accurate is what he is saying and she could not prove that the system was accurate other than saying “trust me guys it’s accurate”.
@@sansmojo lol 1.That’s not true at all. 2.He asked “HOW it works” not “THAT it works” 3. He only called it BS after she couldn’t give him a straight answer and said her sample size was only a couple hundred people followed by there is no calibration feature. His first question was how many sensors there were. He followed up that by asking how do the sensors accurately determine for each person without a calibration feature and she didn’t give him a straight answer and basically said “trust me and the research” that’s not concrete at all. If she’s asking for a million dollar with no actually breakdown of how the sensors work then she’s shooting herself in the foot. Her sample size was way too small, doesn’t have enough sensors, and not enough research done to be accurate for every person.
Umm which shark did Morgan get?
I'm confused
He denied the offer
@@ella6634 oh ok thanks
Janine is a very accomplished Yogi, I can see that because I am a yoga nut myself. The sensor thing seems very gimmicky, it would never replace correction/adjustment from a yoga teacher.
That double chuck drill would sell. It wouldn't be that common in the trades, more of a home-DIY tool. It's a bit concerning TTI and SB&D didn't want involvement though.
The first kid is like the weird kid in School that got revenge to his bullies by success 😅
Did you try to get orders from BCCI, for T20 IPL cricket league