The royalty doesnt matter. He bought the company - with all of the patents. The royalty has no effect, create a new business same product royalty is gone.
Update on the Company: The deal never closed In 2015 the company started selling again but quickly went out of stock The company is now out of business.. solely because he is a bad salesman
Hi, I am interested to know if anyone here have the capability to handle a multi-million dollar investment within your business scope. A high-profiled client has requested so you know about a potential investment opportunity. However, before sharing any confidential information, I need your authorization. Please let me know if you are interested, and I will provide you with more details.
Robert doesn’t see the market??? Every year there’s 365 days worth of birthdays for 380 million Americans, there’s millions of people graduating every year, there’s 100rd’s of thousands of anniversaries every year, mother day and fathers days equates to millions of presents needing to be wrapped at least once a year, Valentine’s Day is another present giving holiday, Hanukkah for all the Jews, and last but not least 10’a of millions of people celebrating Christmas every year….. The market is huge.
Product is good as is I never new this this is an amazing product and solution and they new it they wanted to steal it so bad but played it cool and got it cheap
But it's cool for one gift. Like a birthday present. Wouldn't want to wrap a dozen gifts on Christmas with my hairdryer. Speaking of hairdryer, if it wasn't for my wife, I wouldn't even have one.
@@Vandiddlybecause its a great product and they know that. 150k or 250k is nothing compared to what the potential in sales is here. Getting a royalty is a good middle ground for the guy so that everyone feels like a winner
Can always tell how old an episode is by looking at Lori. The younger she looks, the more recent the episode 😂
Cap🤣
Also can tell when Mark stopped using Grecian Formula to hide the gray hair.
Lots of botox, and way less doughnuts. You can tell she lost weight on top of the cosmetic stuff.
@@SaintOcelotdon't say "cap" it makes you sound insanely uneducated.
@@SafetyisFirst you naturally sound vaccinated 😂
Here we are watching while eating
Haha no literally! Sitting eating some chick fil a right now
racist
@@masongomes71 shawarma here
Yup
salmon and fresh pasta with cherry tomatoes.
not offering a royalty was crazy
after ten years
The royalty doesnt matter. He bought the company - with all of the patents. The royalty has no effect, create a new business same product royalty is gone.
If ever there was a product designed for me, this is it.
Mr. Wonderful jizzed himself the second he heard Mark mention a royalty
Update on the Company:
The deal never closed
In 2015 the company started selling again but quickly went out of stock
The company is now out of business.. solely because he is a bad salesman
This guy could've gotten 250k and maybe negotiated a royalty of 5% in perpetuity
@@Jay-vl9oi Some people will have overconfidence on their bussiness which will lead them to bankruptcy
typical Mark Cuban deals
He lied as well about the sales had no details on it therefore mark never did the offer after the episode because the guys a liar
Hi,
I am interested to know if anyone here have the capability to handle a multi-million dollar investment within your business scope. A high-profiled client has requested so you know about a potential investment opportunity.
However, before sharing any confidential information, I need your authorization. Please let me know if you are interested, and I will provide you with more details.
A billionaire telling a $250k man he's now a rich man is weird
lol the salary that a lot of people make per year
250k for Mark would probably be about 500buks to him.
He was talking about his 3% stake in the company when he builds the company up because it doesn't make any sense otherwise because 250k is nothing.
@DOC_951 on mars maybe the average person makes a lot less per year.
@@fpshooterfuleven less
Robert doesn’t see the market??? Every year there’s 365 days worth of birthdays for 380 million Americans, there’s millions of people graduating every year, there’s 100rd’s of thousands of anniversaries every year, mother day and fathers days equates to millions of presents needing to be wrapped at least once a year, Valentine’s Day is another present giving holiday, Hanukkah for all the Jews, and last but not least 10’a of millions of people celebrating Christmas every year…..
The market is huge.
The market for shrink wrapped bags for gifts rather than paper and tape...
So are the margins. This is actually a really good business.
Kevin made a good point here from his pov that he didn't put his home in it if he believed in it that much, only to confirm it by selling 100% of it
I’m so sad 😭 company went out of business. I want the product
What a lesson to see brilliant people differing. 😎
There was a well dressed gentleman on Manhattan streets demonstrating and selling a peeler.
This guy speaks as if he’s narrating an audiobook.
A little Sales training and he could have built his business. 10 year old product my foot. How old is Coke or Pepsi ?
The time isn't the issue, it's the lack of action in that timeframe. He could have called up local stores, etc.
Mark cuban perfect ending I hated that lori didn't even bother to give the guy a small royalty well done Mark
Clearly a product for men. I am one of those. I do not own a hair dryer.
Mark is not the Shark, he is Orca
The golden ticket goes to Mark
There was nothing to think about, if he tried to negotiate with lori and mark backed out, I would have been offended.
So this is a thread full of bots? Weird.
I'm here because I just thought of this....too late
mark is a good one
Deal never went thru. He’s a fraud
Mark cannot see other sharks looting good people. The more I see Mark, I like him more
In a digital world where people send e-gift cards and have gifts purchased online and shipped from the retailer, I didn't see a future in this either.
Retailers need to optimise processes, this is one way they can do that. Also, people still buy gifts and wrap them.
Product is good as is I never new this this is an amazing product and solution and they new it they wanted to steal it so bad but played it cool and got it cheap
I still don’t know why cars don’t have Uturn signals 🤔
Thought I was the only one,makes 2 of us 👍
You mean those n-shaped turns?
The concept is interesting but it seems like a PITA to blow dry all your gifts. It'd take so much longer than just wrapping them.
Na you missing the point. There are people like me that are too stupid to know how to wrap gifts lol…this product is for us lol
@@appletech9535 I always add the gift wrap/bag when I buy a gift from Amazon.
But it's cool for one gift. Like a birthday present. Wouldn't want to wrap a dozen gifts on Christmas with my hairdryer. Speaking of hairdryer, if it wasn't for my wife, I wouldn't even have one.
Easy money for him
Smuck deal in action
Im glad he got a royalty because otherwise it would be a lowball offer. Still kind of lowball but the guy wasnt a business person obviously
How is it a low ball when he’s asking for 100K for 40% to start
@@Vandiddlybecause its a great product and they know that. 150k or 250k is nothing compared to what the potential in sales is here. Getting a royalty is a good middle ground for the guy so that everyone feels like a winner
Lori is the greediest one ...
u accepted mark's better offer and for that reason im out
Walmart 11 AM Metairie
do not speak naughty
Mark Cuban hosting a show on capitalism while supporting censorship, socialism & corruption... screw shark tank and Mark Cuban.