Meet Lego's Next Competitor, Pinblocks! | Shark Tank US | Shark Tank Global
HTML-код
- Опубликовано: 26 сен 2024
- Vladislav Smolyanskyy appeared on Shark Tank seeking $100,000 for 20% of his toy building block system, Pinblock.
From Season 8 Episode 13
Watch The Entire Series on Google Play: play.google.co...
Subscribe to Shark Tank Global for more from your favorite shows: bit.ly/SharkTa...
FOLLOW SHARK TANK
Shark Tank Global Facebook - [ / globalsharktank ]
About Shark Tank: The Sharks - tough, self-made, multi-millionaire and billionaire tycoons - continue their search to invest in the best businesses and products that America has to offer. The Sharks will once again give people from all walks of life the chance to chase the American dream and potentially secure business deals that could make them millionaires.
#SharkTank #SharkTankUS #Pinblocks
Meet Lego's Next Competitor, Pinblocks! | Shark Tank US | Shark Tank Global
/ @sharktankglobal
I love how Robert got a helmet and a dagger while mark got a piece of pizza 😂.
He should've said he is open to licencing and get Robert back in. Or at least counter Kevin to be equal partner with him. Brutal deal
The deal fell through
@@cyruscheng499 how do you know this deal fell through ??????
@@brentkiely657 and why
@@brentkiely657 you can juzt googlr about it or see it in their websites
So shortsighted, were destined to fail with that sort of business acumen.
"it cost $3 to make"
Mark Cuban: *margins intensify*
21 years ?! Damn, this dude is so mature. More than me with +30.
He doesn't seem "mature" at all... He seems like a stupid punk....
But only a mature person can admit that.
@@officerkody6215 Self awareness does not equal maturity
It plays a key role in genuine maturity.
It's his life experience. Think about what the 17 year olds say on the beach of Normandy. Life being tough matures you.
4 months after recording Kevin gave up the business and currently the company has an annual net profit of 2 million dollars. This guy is living well.
😂😂😂
god these comments, surprised hes not got a net profit of 54.9 billion dollars with the way some people write these
Smolyanskyy says the company is dormant. doesn't sound like he is living well
I think they should start every video with Barbara saying "I'm out", this way we can save so much wasted time!
😂😂😂🤡
Bruhhh
Dumb
The Barbara jokes are getting old
@@AllenReviews Thanks for your reply, you're out!
Tip to future shark tank contestants. When creating something specifically made for Cuban, make it mavs related. Guarantee your chance of landing a deal with him goes up 50%
anything tech related or vegan would also improve the chances 😂
Make something Celtics related if you don’t want him.
This was my toy for a long time. So surprise to see this on shark tank!
I think u r a little bit too old for that lol
I read in Forbes that this guy was visibly upset in the exit interview because he thought he gave away too much equity. The producers had to convince him it was a good deal. Then four months later, O’Leary called off the deal due to too much competition in the toy industry.
Psh what was all that talk from Kevin for then. Atleast the guy got his equity back
Well that really stinks! So much for Kevin being a man of his word. 🙄
ok thats not right
@@Bulbsonnnot really all talk. The deal was contingent on landing a deal with a major toy company. They probably didnt get anywhere hence him pulling out given the terms of the deal.
That’s bad
Barb: "You came in with two legs and a heartbeat, so for those reasons I'm out!!"
I love kevin, but today, man that offer was brutal
he knew that guy had no option rather than taking the deal
He should have countered for 40% so he could still be the majority stakeholder.
At 40%, he still wouldn’t be since his ex-friend has 15%
@@KyleSorenti technically he would since he owns 85% and if Kevin takes 40%, he’ll be left with 45% lol
@@potato.fac3_ Exactly. Legally, Kevin calls all the shots moving forward unless he voluntarily gives up the right to refusal in writing to the owner.
@@acetrainer69 They didn't close this deal. I don't get how people don't realize that half of these deals don't happen. It's reality tv.
@@MultiJejje We know dw
Legend has it Lego pieces randomly started showing up one after one in Kevins Home, Jacht, Private Jet and lastly even his food. He wisely decided to back out
Kevin changed his offer after everyone else dropped out 🤣
Vlad should've countered at 40%
I'm sure Kevin takes a royalty from every subscription to this channel.
Kevin was really greedy here
Barbara’s impression of Al Pacino: Once I think I’m out they pull me back in. So I’m out.
He should have given Mark a Mavericks Logo, not a slice of pepperoni pizza (he doesn’t eat that)
Ikr
He obviously doesn't eat it. It isn't real pizza!
Mark would be so easy to please. Give him Dirk or Luka or anything Mavs related and it'd get his attention, how is no one doing this on Shark Tank?
@@highfalutinmanI was thinking the same thing, reminds me of the air fresheners where they gave him a Warriors themed product.
I would absolutely not have taken that. I’ve watched a lot of shark tank, and I’ve never seen Kevin nearly DOUBLE his ask in equity solely based on the other sharks being out. That’s insulting, and it would have insulted me. I would have countered with 35% once he went to 50%.
Try starting your own toy business and see how that works out. Or put your own money up and invest in the company yourself if you think it’s going to take off. The ask is proportionate to the risk. People need to look past superficial numbers and actually put in effort to understand the business
@@AndorranStairway But why did the ask double after others leaving? The risk didn't change
Ya I've never seen him be quite so ruthless before
Welcome to Shark Tank - Guppie Tank is next door in the fluffy pink building, everyone their acts balanced and kind. Have Fun.
toy business is tough, Mark is right
Remember: Musk holds only 13% of Tesla, Bezos has 10% of Amazon, and Bill Gates hold just 1.4% of Microsoft. If you start a company, you never end up controlling everything and often not even a majority share. Businesses only survive due to a group effort, and the equity reflects that. That said, it was a crap deal, and I'm glad it fell through.
That’s because those are publicly traded companies lol. Even then, they’re all still the majority stakeholder.
because Bill gates and bezoz sold their shares over the years and musk's case is different even if he has only 13% he is the largest share holder
lol no. Those numbers are not accurate
The audio is WAY TOO LOW from when it was rendered
Just turn up your volume then.
Barbara: I got a paper cut when I was 4 yrs old, for that reason I'm out.
He should of took the 30% but honestly 35% of something huge is better than 85% of 100k let’s be honest. He pretty much said yes I don’t need to do the heavy lifting. Thank you very much Kevin. What a humble guy! Remember, he is young he can always create a new business and use the newly acquired wealth to build this next one!
They didn't close this deal. I don't get how people don't realize that half of these deals don't happen. It's reality tv.
@@MultiJejje Honestly I'm impressed some deals go through at all, I thought it was all just show but sometimes it really happens
@@MultiJejje More like there is a lot more due diligence to do than a one hour pitch before you put your money and effort into a company, and you can say yes under pressure and regret it later. In this particular case Kevin did say it was contingent on getting a deal with a toy company, so here it just makes sense.
It’s better than 85%
Kevin is not your partner he's your boss
Barbara just sitting there smiling just can’t wait for her turn to say I’m Out
“I don’t like Kevin’s deals, so I’m out.” 😂🤣🤣🤣
Damn… like how he said “I have a shark on MY team” lol
"I love the presentation, you're a great entrepreneur, the product is genius, your numbers were solid, the business is successful and in a growing industry, and for that reason, I'm out."
-Barbara
Always here
Well, I didn't see any other Shark offering to invest, except maybe Robert.
Like Mark said, toy industry is brutal.
If you think you're a better shark than Barbara, why don't you be a shark? I'm sure with your millions, and years of business experience, you would make a better shark than Barbara.
In my country Malaysia, I see dozens brands of this product , mainly from China . Unbelievably cheap, like USD$2-3
It took Lego 50 years to become the number 1 children's toy in the world
and a punch of licensing
The editor should focus on the shark that makes the deal and show us after the show
Its not really a new product. We have these pinblocks in the Philippines and I've been playing these toys since my childhood(early 90's). Yes these looks more premium and glossy plus the packaging is better, unlike what I used to play before it looks plastic with a matte finish and of course it cost less. Great show!
You're not an Uchiha sympathizer are you?
I agree, I've been playing that toy more than 2 decade ago.
@@suehan9699 in Vietnam?
Lol. Philippines? You sure? Those pinblocks is from China 😄 🤣
I have a lot of stuff that's Made in China, doesn't mean I'm Chinese
Well apparently he's doing fine. The company is worth 3 million.
uh that's pretty low. probably not making any money.
@@user-lp2nz7vq6b that's 6x the original valuation
Source? Trust me bro.
@@nikhilbhatia2550 Source:yo mo-
@@user-lp2nz7vq6b do you own a 3 millli company?
worst deal ever im glad it fell through
The style of the toy has already at market around 80's and 90's
"I don't like that you didn't accept his offer, I'm out"-Barbra
0:27 a 1 bedroom apartment in brooklyn with at least 4 people AND an animal???
Kevin like "Ya know, years ago I sold Mattel my toxic asset and tanked their stock by hundreds of millions in what's considered one of the worst acquisitions of all time so I know a thing or two about toys"
What did Mr Wonderful sell to Mattel?
@@francescotonini6268 TLC, the learning company. It's on his wikipedia page, there's youtube videos about this, it's all very publicly available information.
Where’s the comment that says what happened to the company? 😂
He literally chose the perfect person to make the portrait lmao
Kevin is not a shark, he is the Shark
He gave away 50% leaving only 35% for him, Kevin is really disqusting here...
The deal never happened. He ran the company for 7 years but he seems he closed it in 2021 and he is currently somewhere else.
Not really, they can always walk away.
Is this the first deal where the entrepreneur loses majority steak holder position!?
Nope. There was one with Lori on early season.
Most of them walk in only owning 50-75 percent of the company. Giving up control is in the mind of a lot of these investors.
“Better to own a small part of something HUGE than own a big part of something small.”
@@TheHikingLion that’s true, he would go nowhere without Kevin so he kinda had no choice. Should have taken the first deal before he raised it to 50%.
@@DOC_951 well, now Kevin is going to be more invested in the company. He also won’t need to do a lot of the heavy lifting, like the guy with the 15%, who’s not even in the company.
yes and it's a pretty medium rare occurrence for this to happen.
This guy is actually using a secret identity in this video. His real name is Slagovich Slabinski. Look it up if you don't believe me. I literally know this guy.
Too quiet, ads blow my ears out
“ Barb shut the fk up I’m thinking here “ Kevin you got a deal
LEGO will always stay on top lol
Is the volume really low or is it just my hearing? 🤷🏾♀️
choking hazard: The producf
When you think of the “shark” tank, Kevin O’Leary should come to mind. Sometimes his “Mr Wonderful” name isn’t fitting.
Burger King gives out crowns 👑 for free lol
Sad to see nothing online that shows Kevin did anything for the company after this
@GovernmentOverreach What happen to the guy? Closed the business down?
@@Arz2003 The business is doing fine, 3 mill right now.
@@wolfura Complete BS, the business stalled and is pretty much dead. The website is up if you want to buy leftover inventory (maybe) but everything else is inactive; the owner left to work for a company and any company social media hasn't been updated in years.
It would be in his best interest to get back the 15% from his old partner.
I assumed Kevin meant that the two of them would split his 85% and be equal partners, not give him majority shareholder status 😮
Kevin wanted 50 percent of the entire business, the guy would only hold 35 percent.
Plus it was contingent anyway to getting a deal with a major toy manufacturer and distributor like Toys R Us. Kevin would’ve done the most heavy lifting trying to get the product to Global status. Unfortunately the major toy manufacturers probably turned it down due to their deal with legos. And hence the deal failing.
My opinion is that he just sells the patent to Legos or something similar.
@@kickass2117 in that case 50 % split taken from his 85% and other guys 15% still the founder will be the majority stakeholder
Lori always asks about patents...every time
She has 100+ patents herself, that’s why.
He's gonna use it and not take it but get it out there.
21? Wonder what he’ll look like at 41. Man people from the former USSR have it rough
What a gentle man
I want a cougar sugar mom who will look at me the same way Barbara smiles at young handsome men
If you find one and she has a friend like that too put me on 😂
i prefer lori
Only 21
And will likely become A millionaire
Yeah he will be fine
I dont think he actually understood the offer.
I wanna see Lori’s box 🤣
why is the volume so bad on this channel?
He should've negotiated for more money instead of getting devalued so much
That was a amazing offer in short he bought the company from him for 100k and pays him a half amount.
It’s amazing how people buy stuff knowing they are being ripped off 3$ to make sold for 20$ I wouldn’t buy this personally
Can you have all Barbara “I am out” first all in one episode?
Good for this guy, but nobody is ever going to replace my the GOAT toy
This was savage and unnecessary from Kevin, but he should have countered to at least have an equal share with Kevin. Rookie negotiating
He def got ripped off
We've been playing this since the 90's. This is not new. Dont claim that you created it.
Why is the volume so low?
Every other video even the ads are louder.
Turn volume up please.
Barbara: I'm out for no reason
_Okay, we're not jus gonna gloss over the fact that he can Anime-Pen Spin._
_(I saw yall throw that in there, editors!)_
They’re not wrong. It’s an impossible business. Millions of toys out there. Nothing about his toy particularly stands out. If kids wants building block toys, they buy Lego.
If he continued down this path on his own, he would’ve gone bust. Better to have a small percentage of something large than have everything but go down the drain.
You can’t build a clown, watch, glasses, staff, etc. with legos
@@ChristinaMagma and you can make any of those things with pinblocks? Lol
@@AndorranStairway yes you can 😂😂
@@sucios1867 nah you can’t 😂😂
@@AndorranStairway bruh they’re literally bendable so you can wear your builds , are you dumb?
Robert is one of the happiest people in the world.
He’s always up for anything and finds joys in the simplest things in life. Always smiling. He’s truly grateful for what he has.
Forget that he’s worth hundreds of millions. Robert would be happy if he was making $50K a year.
Not all heroes wear capes.
I’m pretty sure he’s happy cause he’s a multimillionaire
@@jesusacosta8294 that’s kind of the point. Robert would be happy even if he wasn’t a millionaire. Plenty of absolutely miserable millionairesz
Kevin has a very sleazy business background. Look up how bad The Learning Company was, or how terrible his investment funds were. He is a salesman and that is about it.
our new product is called pencilnecks.
The audio on this episode is super quiet
not gonna lie compared to Lego this looks like crap, but with Kevin this guy at least had a chance
He looked 10 years older than his age
Not really
Nope he did
Not really, he looks like a 21 year old
Not really
Nah
Kevin ripped him off. Poor Vlad. He didn’t need such a greedy immoral partner
He didn't get ripped off! he accepted the deal.
Sorry, nothing can come close to lego. 😕
He shouldn’t have taken the deal. He would have made it huge without a shark especially after the show aired
The deal fell through. Pinblock is worth 2 mil today
What an impressive 21yr old
Compete with Lego? Imposible...
I bet Robert would have had offered him Kevin's prior 30% deal !!
M shook he took that offer without any counter
You should never do 50/50 .... always do 51/49 because Mr. Wonderful could have his lawyers freeze the entire company's bank accounts if he's in a bad mood
Why is the sound low?
He could still buy out his buddy to get that lost 15% back. If he has the money it wouldn't be a bad idea if the business is going places.
I'm confused by how, after losing control of the company, you get to choose whether to contract with a toy business.
Im disappointed! He lost control of the company...
Barbara: "Seems like Legos, so I'm out"
He needs little people. Kids like to build, but you need something to play with after.
I wouldn’t accept! This guy didn’t even counter because he is scared!
The real winner is the guy who owns 15% doing nothing and he most likely is going to get bought out.
Should have given Kevin a King Pinblock. Cos Royalty.
At 2:24 producer HAD to include the devil's horn. 🤘
How is it 50-50 when that other guy still have 15%?
Volume is too low