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05-13-2012 , 12:41 PM
Quote:
Originally Posted by BoredSocial
Yeah the way he explained it super slowly was hilarious. That guy is a complete imbecile.
Yeah but man to let your kid go homeless? Would have liked to hear more of that story. Personally thought the routine was not much
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05-13-2012 , 01:43 PM
His homeless story was staying in a motel, completely different IMO.
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05-13-2012 , 04:12 PM
Was anyone else in complete shock when Barbara invested in the bikini line? The guy who was talking couldn't even articulate their business strategy, they had 0 sales and they didn't even know how much equity they were asking for. This was even worse than Barbara's Nardo's investment.
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05-13-2012 , 04:56 PM
Quote:
Originally Posted by slickpoppa
Was anyone else in complete shock when Barbara invested in the bikini line? The guy who was talking couldn't even articulate their business strategy, they had 0 sales and they didn't even know how much equity they were asking for. This was even worse than Barbara's Nardo's investment.
An idea that is worthless that isn't on the show can become valuable just by being on the show. I think Barbara is one of the few that realize this, and some gimmicky thing like this is exactly what can make it worth something.
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05-13-2012 , 05:55 PM
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Originally Posted by TomCollins
An idea that is worthless that isn't on the show can become valuable just by being on the show. I think Barbara is one of the few that realize this, and some gimmicky thing like this is exactly what can make it worth something.
I think they all realize it. I think Barbara is bidding on more deals now that she has competition from Lori as another girl shark. If she's not interesting, she's gonna be out. I think she also will get involved in more "project" type stuff than the other guys, generally speaking. Cuban is too rich and busy, O'leary just wants to make low risk (relatively speaking) great price investments, Damon typically looks for businesses he can add value with his streed cred or specific apparel/merchandising expertise, and Robert....well I don't know what's going on in his head.

Part of me wondered if Barbara was thinking "damn, there's no way Lori wouldn't have bid on this and put it on QVC, I'll take a flier."
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05-13-2012 , 06:51 PM
I think its kind of funny when some of the people pretty much ignore Robert.

When he say's he is out, nobody really cares most of the time. He has also been straight ignored on offers that were EXACTLY what the people wanted, asking others to re-consider their lower offers.

The guy is smart and seems really nice, but maybe just kind of a ham and no one really wants to work with him....I would say he would be the next cast replacement if there were one.
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05-13-2012 , 07:05 PM
Robert is funny on Dragon's Den, (well was funny I heard that he is no longer on the show) but he is just so damn nitty, they could def do better with that spot. Brett Wilson was awesome on Dragon's Den and a very active deal maker.
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05-13-2012 , 07:26 PM
would not surprise me if robert has a sub 100 IQ
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05-13-2012 , 08:03 PM
You really think he's that dumb? I just think he doesn't really have near as much money as the others along with having a similar investing strategy as Kevin, only less funds and investor appeal to do so.
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05-13-2012 , 08:27 PM
I think robert's a smart guy, but definitely going to be the first panelist forced off. He's really nitty.

Cuban and Mr. Wonderland bring so much color to the show that they are safe.
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05-14-2012 , 09:42 AM
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Originally Posted by ker17
You really think he's that dumb? I just think he doesn't really have near as much money as the others along with having a similar investing strategy as Kevin, only less funds and investor appeal to do so.
I actually think Robert is super rich and Kevin not really rich at all.
I would say Robert has 100M plus easy and wouldn't be shocked if Kevin had under 20M (I know its still a heck of a lot of money). Kevin always says at least on the Canadian version "if we need money we can always call on Robert."

Like can you imagine Cuban bothering being on a daily TV show like Kevin does...sure Kevin probably makes 500k a year to be on it but it gives you an idea on how much he is actually worth.

I know Robert has like 6 250k plus cars.


Obviously no one has money like Cuban.

I do love when Cuban say "I can't afford to buy a baseball team by myself" like he is broke or something
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05-14-2012 , 09:49 AM
Quote:
Originally Posted by slickpoppa
Was anyone else in complete shock when Barbara invested in the bikini line? The guy who was talking couldn't even articulate their business strategy, they had 0 sales and they didn't even know how much equity they were asking for. This was even worse than Barbara's Nardo's investment.
I'm sure she was thinking Home Shopping Channel TV for the bikini thing.
Sell like 3 bikinis for 99$ or whatever and then suck them into buying more stuff online.

I actually thought the guy was being honest. Like he would love to license it and be done with it but he has no connections and 2nd best scenario selling retail/online.

recall the shoe guy the sharks made fun of him for not being willing to change his model to licencee. So the sharks hate it if you are flexible and hate it if you arent. Didn't seem fair to me.
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05-14-2012 , 02:11 PM
lol at saying Robert is dumb ...

The problem often times is, when you are selling a product that has nothing to do with IT or even when you want at first Cuban. His popularity/connections >>>>>>> a bit equity more in your business.

O`Leary is just a bloodsucker. Often times people, don`t care too much about the money and care about their business. He gives a ****, he just wants money. He is one of the people that are longterm bad for our society because he is ****in greedy. Personally I wouldn`t like to make Deals with him.

If I would get the same offer of every shark I would chose:

Cuban > Damon > Robert > Barbara > O`Leary

If I would sell clothes:

Damon > Cuban > Robert > Barbara > O`Leary

IT:

Cuban > Robert > O`Leary > Damon > Barbara(A team of Cuban/Robert would be awesome)
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05-14-2012 , 06:48 PM
Disclaimer that I watch the show with my wife, but we love Robert. If his sweet spot didn't overlap with Cuban so frequently, he'd be in a lot more deals. It's clear he has money (remember when he offered $4MM for a deal?), he's likeable, emotional, etc etc

I think they'll probably keep him, but I guess he is the weakest leak of the cast at the moment.

Ezra
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05-14-2012 , 07:02 PM
There is absolutely no way that Kevin is worth anywhere near as low as $20M. Robert may or may not have as much money as the others, but regardless he is the biggest nit. He is def likable, but not as much as some other characters. Brett Wilson (was on Dragon's Den) would make a fantastic replacement for him on Shark Tank.

Ezra, Robert offered that much money for a company that was claiming to have enough purchase orders so that he would be breakeven almost immediately, I am not so sure that works as a great example of his appetite for risk.
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05-14-2012 , 07:41 PM
I wish there was a summary of the deals that have gone down similar to what there is for Storage Wars on Wikipedia. Of course most of the deals don't actually go through and even if they do you don't know if investors end up making money but just a summary of deals accepted on the show and then a yes/no column as to whether the deal actually went through (if it is known) would be pretty interesting. I may start compiling some of the data if I get bored enough...

http://en.wikipedia.org/wiki/Shark_Tank_(TV_series)
http://en.wikipedia.org/wiki/Storage_Wars
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05-14-2012 , 10:31 PM
Quote:
Originally Posted by ker17
There is absolutely no way that Kevin is worth anywhere near as low as $20M. Robert may or may not have as much money as the others, but regardless he is the biggest nit. He is def likable, but not as much as some other characters. Brett Wilson (was on Dragon's Den) would make a fantastic replacement for him on Shark Tank.

Ezra, Robert offered that much money for a company that was claiming to have enough purchase orders so that he would be breakeven almost immediately, I am not so sure that works as a great example of his appetite for risk.
Mark Cuban: Est. $2.3B
Brett Wilson: Est. $1.5B
Kevin Harrington: Est. $450M
Robert Herjavec: Est. $325M
Kevin O'Leary: Est. $300M
Daymond John: Est. $100M
Barbara Corcoran: Est. $40M

And the biggest shocker...

Lori Greiner
Spoiler:
Est. $15M. Now I get why they don't take her that seriously.
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05-14-2012 , 10:39 PM
Quote:
Originally Posted by ker17
There is absolutely no way that Kevin is worth anywhere near as low as $20M. Robert may or may not have as much money as the others, but regardless he is the biggest nit. He is def likable, but not as much as some other characters. Brett Wilson (was on Dragon's Den) would make a fantastic replacement for him on Shark Tank.

Ezra, Robert offered that much money for a company that was claiming to have enough purchase orders so that he would be breakeven almost immediately, I am not so sure that works as a great example of his appetite for risk.
Just curious, and you might be right, why did you say above?

All the evidence suggests he is not anywhere near as rich as he pretends to be by always talking about he is 3 billion deal which he only made like 5 million from.
We know pretty much for sure from Canada's 100 rich list he is worth less then 300 Million. Other then that I guess its all speculation.
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05-14-2012 , 10:40 PM
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Originally Posted by IcyHotMonkey
Mark Cuban: Est. $2.3B
Brett Wilson: Est. $1.5B
Kevin Harrington: Est. $450M
Robert Herjavec: Est. $325M
Kevin O'Leary: Est. $300M
Daymond John: Est. $100M
Barbara Corcoran: Est. $40M

And the biggest shocker...

Lori Greiner
Spoiler:
Est. $15M. Now I get why they don't take her that seriously.
Estimated by who and how?
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05-14-2012 , 11:09 PM
wiki and celebritynetworth, I'd say it's in the ballpark. wouldn't give wiki that much credit.

Quote:
Robert Herjavec is a Canadian businessman, investor, and television personality, he has a net worth of $100 million. Robert Herjavec has earned his net worth from his business career with IBM mainframe sales. Herjavec was born on September 14, 1963 in Zbjeg, Croatia and immigrated with his family to Canada when he was only three, the family eventually settled in the Toronto neighborhood of Rexdale. He attended New College at the University of Toronto. He also founded Canada’s top provider of Internet security software BRAK Systems in 1990. BRAK Systems was sold to AT&T for $100 million in 2000; Herjavec accepted the position of VP of Internet Security after the purchase by AT&T. Later he became the VP of Sales at RAMP Network which was later acquired by Nokia for $225 million. Than in 2003 he founded his own company called The Herjavec Group which is a security software company, his is currently the CEO. He currently lives in Bridle Path which is a neighborhood of North York, Toronto; he is also a venture capitalist. His wife is Croatian Diane Plese an optometrist; he has two daughters and one son. He also stars on the CBC Television series Dragon’s Den, which airs on CBC Television and CBC Newsworld. He has also been assigned to star in the US version of Dragon’s Den Called Shark Tank. His home in Bridle Path was featured recently on an episode of MTV cribs.

Last edited by IcyHotMonkey; 05-14-2012 at 11:16 PM. Reason: ha, ok, maybe not the most credible sources...
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05-15-2012 , 12:38 AM
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Originally Posted by Moreconfusednow
Just curious, and you might be right, why did you say above?

All the evidence suggests he is not anywhere near as rich as he pretends to be by always talking about he is 3 billion deal which he only made like 5 million from.
We know pretty much for sure from Canada's 100 rich list he is worth less then 300 Million. Other then that I guess its all speculation.
$20M is just too low. I have no idea what his worth is exactly, but would be shocked if it is less than $75M or so. I get it that he gloats and talks a bigger game than he should, but $20M, cmon. O'Leary Global Funds is of decent size, I'd imagine his share of that is worth well above $20M.
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05-15-2012 , 06:33 AM
Quote:
Originally Posted by ker17
$20M is just too low. I have no idea what his worth is exactly, but would be shocked if it is less than $75M or so. I get it that he gloats and talks a bigger game than he should, but $20M, cmon. O'Leary Global Funds is of decent size, I'd imagine his share of that is worth well above $20M.
So I did say I wouldn't be shocked that O'leary is worth less then 20m...

To me the evidence is rather suspicious he is not worth much more.
He has 2 known big deals where he made like max 10M each (probably half of that) and had to pay taxes on both.

Lets say he makes 250k for doing cbc show each year.
And makes 2M each year for being the NAME of O'leary funds (which is doing bad)....
My guess is he makes a M for sharktank...
plus some other investment income...

So I think something like 20M max like 40M with annual income of 5M before taxes makes a lot of sense.

Don't forget he got onto Dragon's Den Canadian version because of his NAME not his wealth...and leveraged the first show to get on the second show.

Everything he does is more myth then reality...he is "wealthy brand" more then actually being super wealthy...
anyways we will probably never know for sure....
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05-15-2012 , 08:07 AM
If I were bringing a business on the show I think Barbara would be my #1 choice. From what I've seen her businesses have had the most successful updates and she spends a good amount of time with her projects. It's honestly hard to imagine any of the other sharks responding to my email let alone really helping guide the business.
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05-15-2012 , 10:52 AM
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Originally Posted by cwar
If I were bringing a business on the show I think Barbara would be my #1 choice. From what I've seen her businesses have had the most successful updates and she spends a good amount of time with her projects. It's honestly hard to imagine any of the other sharks responding to my email let alone really helping guide the business.
Ideally if you had the business and wanted to go on shark tank you would just need the money and not guidance. Other than Barbara nobody seems to want to offer guidance so your best shot would be if you had a great idea/plan and needed money.
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05-15-2012 , 01:19 PM
Quote:
Originally Posted by cwar
If I were bringing a business on the show I think Barbara would be my #1 choice. From what I've seen her businesses have had the most successful updates and she spends a good amount of time with her projects. It's honestly hard to imagine any of the other sharks responding to my email let alone really helping guide the business.
I would agree with the thought that she probably spends more time on her deals than anyone else. She might not be as active as she once was in real estate and has more time now to devote to these Shark Tank companies.
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