The deal with Lori was never finalized. However, the company is worth over 10 million today and is still in business, with an annual revenue of 3 million.
@@AGILISFPVno he was tryna get her out of the mindset that a royalty in perpetuity was ok. he WAS tryna save her good on her that she atleast made it a little cheaper for herself but still terrible deal
She made herself vulnerable when she joked being a ditzy person not knowing business terms lol. Lori clearly thought she could rip her off - and did! 🤣🤣
Quite the opposite, she realized she wanted a "happy ending" and wasn't going to get a fair deal. She took her "happy ending" of getting a Lori deal than dropped it immediately after refusing to go any further with the deal. That woman is a businesswoman trying to be relatable in a free ad that reaches millions (including you).
@@loveistheanswer5924 Do you mean the metaphor 'crab in the bucket'? Wiki: "The metaphor is derived from claims about the behavior of crabs contained in a open bucket: if a crab starts to climb out, it will be pulled back in by the others, ensuring the group's collective demise". So I just meant that Barbara would prefer others suffer with her (or her past suffering) rather than raise them up. And yes! She can be mean! I'm a softy, though ☺ I'd die in business!
@@anovosedlik She's just using her experience to mentor others thats all. Struggle breeds fire and Barbara's sole source of this fire was everybody saying she wasn't smart enough.
She is so quick on her feet and has experience with people of higher caliber that is why she is so confident. Probably comes from her family. Lover her responses
she is the real deal and she dosent know it. The product is good and she is a clear problem solver and dosent need a shark. She has done 1.8 million in 18 months, idk why shed bring in an investor if shes in so many stores already. The snowball is rolling for her and this deal will probably interrupt that.
No! she should have taken the loan deal without equity from that New lady shark I don't know her name. Mark was even trying to save her till the last second
@@nishd7161ye but she doesn’t just need the money tho she literally stated she wasn’t gonna give her time like lori would but also wonderful was the way better option
@@wondering_hand0985she needed manufacturing so honestly the money would’ve been spent on what she needed and could’ve found one cheaper anyways and she already has orders and stores so honestly it’s nothing to keep equity and only a dollar back when your already selling
I was so excited when they announced a new makeup bag.. then to see that, I was like WTH. I’ve seen these before. Plus what an annoying thing to have to search for your makeup and deal with a zipper scratching the top of your hand reaching for things. Plus, way overpriced. SMH
I really don't get the product. Why is this great? Small opening would drive my crazy, no compartments. Okay it's flat, but I don't get the hype. Please explain. 😂
@@Royallocksbest Just because she was the last shark and sensing the young lady naivety in business savvy, Lori offer was a Loan w/ 5% interest + 5% Equity + $1 Royalty in perpetuity...that's a loan shark offer to a degree of atrocity!! Kevin and Sara jumped in with better deal to try and save her, especially Sara, who literally offered her a loan without equity to stop her taking the deal with Lori! If the entrepreneur had done her homework and researched Sara background, she would have jumped at her offer. Even Cuban tried to stop her by shaking his head signalling her not to do the deal....
I actually knew someone who sewed her bags at her studio. It was around this time she mentioned she was on the show. I think I even saw the truck her husband got. I do feel like Mark was trying to saver her on the deal from Lori though.
Whoa…that’s a bag I’ve already seen a lot before. Pretty sure she didn’t invent that design. The US really is the land of dreams. You can literally sell anything.
Being a female who has bought so many makeup bags. I have never seen a makeup bag designed flat like this. I have several and love these bags. Now are there other flat bags out there in the universe somewhere? Maybe so but I have never seen one specifically for makeup with these designs with a waterproof liner inside.
Unbelievable! She's made over a million on those bags! I wouldn't spend $50 for one of those. I don't get it either but im very happy for her. Wish it was my idea!
Why was that her counter? He counter should have been $1 a bag until she gets 1 million. Not forever. Thats terrible. This is why i say owning a business doeent make you smart. She is charasmatic tho.
Someone explain to me why royalties are so bad. She’s giving $0.75 profit but her profit margin is huge. She makes it for $7.50, sells it for $24. It retails for $50. Am I missing something? I don’t get how she’s getting ripped off.
Wow I can’t believe they all wanted out. But yet when someone has no success yet they put them out too. So what exactly DO they want. Successful already or No success?! This girl is a competent business woman, I think she picked the right Shark offer though
The deal with Lori was never finalized. However, the company is worth over 10 million today and is still in business, with an annual revenue of 3 million.
Source?
@@theempire00 Geeksaroundglobe
@@theempire00 trust me brother
Good! Because that was a TERRIBLE deal for her
Unfortunately, so many people only go in Shark Tank for the free publicity nowadays and many of the deals don't end up going through
Lori & Kevin switched personalities on this one lol
I think Lori is always the sharkiest. She just puts on a softer exterior.
Exactly! 😃
Mark was trying to save her up until the last second, and that’s why he’s my favorite shark.
💯 but still she didn't listen even though that new lady shark offered her a loan without equity....
He literally was trying to stop her from negotiating a better royalty deal. Which good thing she didnt listen to him lol
@@AGILISFPVno he was tryna get her out of the mindset that a royalty in perpetuity was ok. he WAS tryna save her good on her that she atleast made it a little cheaper for herself but still terrible deal
@@AGILISFPV Jesus Christ! I hope you have no plan to start a company anytime soon!
This was not a good deal
Barbara: Your business is too successful..so im out🙎♀️
🤣🤣🤣🤣 fr!
🎯🤣💯
🤭
😂😂😂😂
She do get jealous easy just in general 😂
She made herself vulnerable when she joked being a ditzy person not knowing business terms lol. Lori clearly thought she could rip her off - and did! 🤣🤣
Lori scamming newbies
She didn't
It never closed.
When did she say that? All I heard was "I'm a details person"
@@Grejegando when she mentioned googling "wholesale" and "barcoding"
Quite the opposite, she realized she wanted a "happy ending" and wasn't going to get a fair deal. She took her "happy ending" of getting a Lori deal than dropped it immediately after refusing to go any further with the deal. That woman is a businesswoman trying to be relatable in a free ad that reaches millions (including you).
Mark felt so bad for her...but still gotta say his usual "congratulations"...she was scammed and Lori wasn't fair
The face that he pulled when saying that said it all.
I feel like Barbara has a crab-in-the-bucket mentality. The 'I suffered so you must suffer too' thing.
Why this? She can be very mean tho! ...
@@loveistheanswer5924 Do you mean the metaphor 'crab in the bucket'? Wiki: "The metaphor is derived from claims about the behavior of crabs contained in a open bucket: if a crab starts to climb out, it will be pulled back in by the others, ensuring the group's collective demise". So I just meant that Barbara would prefer others suffer with her (or her past suffering) rather than raise them up. And yes! She can be mean! I'm a softy, though ☺ I'd die in business!
@@anovosedlik She's just using her experience to mentor others thats all. Struggle breeds fire and Barbara's sole source of this fire was everybody saying she wasn't smart enough.
Weird, I thought it was called Cousins Maine Lobster…
She sucks
Barbara: "You talk too much so I can't get a word in to say that I'm out" -.-
Facts🤣🤣🤣🤣
L ding 9:31 9:31
two sharks tried to save her from being scammed and it didn't work. amazing episode.
It’s not a scam when she blows her up $ yes she wants a cut 75 cent for ever what not and it’s a loan but the power of a shark is crazy
When Cuban says don't do something i wouldn't have done it.
Cuban knows the perpetuity is evil.
What an awful deal, Lori clearly scammed her…. She should have gone with Mr.wonderful (NEVER DO A DEAL IN PERPETUITY!!!!!)
Lori can give her what others can't and that massive exposure to lots of buyers.
In the long run, it will be worth it for her.
@@Galik2K absolutely not worth the perpetuity. Completely horrible decision
@@Galik2K luckily ive heard the deal didnt go through. Thank JESUS
Didn’t Mr. Wonderful himself do a $0.40 in perpetuity royalty deal with Wicked Good Cupcakes 🧁 after he recouped his investment?
Didn’t Mr. Wonderful himself do a $0.40 in perpetuity royalty deal with Wicked Good Cupcakes 🧁 after he recouped his investment?
Mark tried to save her from that horrible perpetuity royalty… even though it doesn’t affect him.
Definitely the most considerate billionaire
I loved how confident she was and came in prepared. When you are selling, you are selling yourself too.
Wow, You can tell Sarah truly cares about entrepreneurs! and wanted her to own 100% of her great idea and her blood sweat and tears! :) Amazing!
She pretty much turned the bags meant for wet swim suits into makeup bags.. I can buy one of these for $5 😂
Turn the background music lower! I want to hear the pitch!
Toggle the stable volume setting
That was such a great presentation 👏🏼👏🏼
She is so quick on her feet and has experience with people of higher caliber that is why she is so confident. Probably comes from her family. Lover her responses
Yes I loved her personality!
She's beautiful...in every way
Love her ❤
Her personality ⭐
she is the real deal and she dosent know it. The product is good and she is a clear problem solver and dosent need a shark. She has done 1.8 million in 18 months, idk why shed bring in an investor if shes in so many stores already. The snowball is rolling for her and this deal will probably interrupt that.
This woman needs to do stand up comedy or have her own sitcom cause she was hilarious 😂
She should have gone with Kevin
They always should 😊
No! she should have taken the loan deal without equity from that New lady shark I don't know her name. Mark was even trying to save her till the last second
@@zacklee5168Definitely. She offered her a free loan. Lol
@@nishd7161ye but she doesn’t just need the money tho she literally stated she wasn’t gonna give her time like lori would but also wonderful was the way better option
@@wondering_hand0985she needed manufacturing so honestly the money would’ve been spent on what she needed and could’ve found one cheaper anyways and she already has orders and stores so honestly it’s nothing to keep equity and only a dollar back when your already selling
Barbara cannot stay in on a rainy,storm filled day. She's always out.
I was so excited when they announced a new makeup bag.. then to see that, I was like WTH. I’ve seen these before. Plus what an annoying thing to have to search for your makeup and deal with a zipper scratching the top of your hand reaching for things. Plus, way overpriced. SMH
I believe she got exactly what she needed. I wish her great success
She. Reminds me of a grown up El Woods from legally Blonde so adorable
More proof people will buy anything. Wasting money on nonsense and junk is America's favorite pastime 👍
What works for you, doesn’t work for everyone, vice versa!
You’re amazing, amazing business, amazing idea and unbelievable margins and for those reasons I’m out - Barbara
I really don't get the product. Why is this great? Small opening would drive my crazy, no compartments. Okay it's flat, but I don't get the hype. Please explain. 😂
I thought i was the only one
She has more than a million in sales so I think there are enough people who do get it
its impulse purchase for the shark who cares. like the socks on the counter at h&m
yeah i wonder the same. if it had a particular unique compartment design, then its justifiable in a way to purchase
Exactly. Just use a pencil case.
Lori ripped her off
Thank god the deal never went through after the show 😅 totally ripped off
She got ripped off lol
Its 1 dollar stfu lol...
How did we know Barbara was out even before a single word was spoken
Sew it yourself….its easy.
😂😂
Wait. It's just a bag w/a clutch handle? No pockets, slots, or bands to hold something in place? Obviously thousands love it. I don't get it at all.
Mark such a Good guy!
What did he say?
@shaolinmaster6362 I had to rewind and I didnt catch it either
@@randoru1871 hE TOLD HER DONT DO IT AT 11:01
@@maverick5794 thanks!
@@shaolinmaster6362clean your ears out then watch again
I actually need a bigger makeup bag, but I would never spend that much on a bag, that’s rediculous.
agree
I agree with you. You can find many makeup bags that still work the same for cheaper…
@@pak718i did not understand, what was so special about this bag? 🙂
She should’ve took the non equity deal. She has thriving business, just a little cash infusion needed.
barbara in labour: ahh ahh
barbara's new born: im out
This deserves thousands of likes! 😂 🤣
Sometimes the best deals are the no deals
Barbara -im just here for a paycheck im out
At least the deal didn’t close
Maybe business consultant or lawyer spoke with her.
Should’ve just countered by capping the royalty at least. Bad decision making.
Lmao lorie loaned her the money took royalties forever AND got 5% 😂😂 yikes
Lori was a beast!! Totally ripped her off!!
ok can you explain to me how she was ripped off? Im not business-minded. Im still learning
@@Royallocksbest Just because she was the last shark and sensing the young lady naivety in business savvy, Lori offer was a Loan w/ 5% interest + 5% Equity + $1 Royalty in perpetuity...that's a loan shark offer to a degree of atrocity!! Kevin and Sara jumped in with better deal to try and save her, especially Sara, who literally offered her a loan without equity to stop her taking the deal with Lori! If the entrepreneur had done her homework and researched Sara background, she would have jumped at her offer. Even Cuban tried to stop her by shaking his head signalling her not to do the deal....
@@zacklee5168 ok thx
I’m worried, Mark didn’t think that was a good deal 😬
I actually knew someone who sewed her bags at her studio. It was around this time she mentioned she was on the show. I think I even saw the truck her husband got. I do feel like Mark was trying to saver her on the deal from Lori though.
She's already doing it on her own
Bro I swear Barbara is always first out and never makes deals.
I don't get why Kevin doesn't get deals. he always gives out the best deals to the best people and only get sharky if the product isn't a sure thing.
Whoa…that’s a bag I’ve already seen a lot before. Pretty sure she didn’t invent that design. The US really is the land of dreams. You can literally sell anything.
Being a female who has bought so many makeup bags. I have never seen a makeup bag designed flat like this. I have several and love these bags. Now are there other flat bags out there in the universe somewhere? Maybe so but I have never seen one specifically for makeup with these designs with a waterproof liner inside.
I’ve seen this bag for years. Maybe go out of your country more. It’s enlightening.
@@ym0309Wow. Why are you being so rude over a makeup bag?
enjoy your lunch, everyone ! and I'll be enjoying mine too
Enjoy your lunch is crazy when this just released an hour ago.
Tofu and eggs rn
@@Imperiex1993 thats true, i started eating when this video came out "8 minutes ago" at that time today lol
@@ytpsauce614good job, eating dinner rn … well I’m eating a bag of chips but ey…
I'm literally having lunch with these videos lol happy lunch to you, too!
I like the Dre beat that drops at 5:05. 😄
Deal did not go through.
How do you know
Thank god. Was terrible.
Actually delighted , she'll domuch better away from that deal involving perpetuity
Thank god
@@houdmeraby3664 There is an article about it on the list
This design has been around since early 90s in totes and makeup bags. Nothing new. $50 is way too much !!!
Shes marketing to a higher end customer with her brand name.
Similar to someone that would buy chanel over coach bag.
You can always put luxury or boutique tag and triple the price
Like gaming products tags.
@@arfriedman4577 LMAO what a joke....the company Or that girl is not making money on that cheap bag thing
@@sammyocgirl7411 she makes average 12 million a yr. Bucees has her bag.
@@arfriedman4577 give me proof please
That was a terrible deal, wonder how she took that
Just be content with what your making it's really good.
lol i can buy stuff like that at target for 7 bucks LMAO
Mark... its like Chwithmas!!!
Why is he so cute?
Unbelievable! She's made over a million on those bags! I wouldn't spend $50 for one of those. I don't get it either but im very happy for her. Wish it was my idea!
Why was that her counter? He counter should have been $1 a bag until she gets 1 million. Not forever. Thats terrible.
This is why i say owning a business doeent make you smart. She is charasmatic tho.
Enjoy your lunch guys! It's dinner time for me but we are together 😅
She got publicity. Mission complete.
Kevin Offered her the best Deal only a 3X return on her money
Shes one of my favorite gals! She was made to succeed!❤
Someone explain to me why royalties are so bad. She’s giving $0.75 profit but her profit margin is huge. She makes it for $7.50, sells it for $24. It retails for $50. Am I missing something? I don’t get how she’s getting ripped off.
If it keeps growing it's ok. But if it goes south,she'll still be paying the royalty and slowly drown.
Because it’s for ever, so if you sale the company a lot of buyers don’t like that.
another bag whoopdie doo!
I've seen bags like that before
Where can I get this bag? It’s actually super cute and very useful.
Ths is $15 aliexpress item
Or $8.99 at TJMaxx or Ross!
Great presentation!! ❤😊
She's talking like shes the FIRST PERSON to ever design a BAG 😂😂
Right!😂😂
A basic bag at that.
She has to talk like that to get a deal. That’s how this works. lol
Should've asked for a limit to the royalty tho
I wouldn't do a deal with Kevin Oleary. EVER
Love this girl !!
dang Mark just kept oogling her like he wanted her to be his gf/wife 😅😂
She's smart, gorgeous, and so funny! Absolutely flawless ❤
She’s not gonna let you hit bro relax🙏
@@andrescorral66😂😂😂😂
@@andrescorral66 People can't give compliments? Not everything is about seggs my guy. If that's how you see the world you've got a problem
In america you can sell a crap from a dog and fancy it a little and you will have billions
How tf did she turn down the free loan? These ppl are idiots.
Because it was not about the money, but production capacities.
Barbara: you talk too much, I’m out 😂
And for once… I agree with her.
BEST PITCH EVER!
any updates?
What's so special about it. I've personally seen these bags many, many times
I have no idea. They are super easy to sew yourself.
LUNCH TANK GANG
Barbara: "ahhh, choo. I am allergic to your success. So for that reason I am out. Ahhh chooo."
secure the bag sis
I think I'd gift her at least like warehouse space or something 😭 she's doing so much
THAT WAS EPIC..
Kevin MVP once again
Thank you for inspiring me once again to fulfill a dream.❤
0:48 this is going to be in my nightmare 😂😂😂😂
Kevin's offer was actually good.
some of these sharks would lowkey make me cry
Wow I can’t believe they all wanted out. But yet when someone has no success yet they put them out too. So what exactly DO they want. Successful already or No success?!
This girl is a competent business woman, I think she picked the right Shark offer though
She is amazing 👏🏾
I'm having chicken with rice 🍚
i would never spend money on that LOL
Rachel Maddow looking dapper
Barb “ you’re too well put together, I’m out “
soo its a loan, with royalty on top of that AND she take 5%
damn women support women huh
She held the cars, She could of capped that royality. Mark was right, don't do roayality on a winner in perpetuity.
Nothing new , she is lucky 🎉