The Shark Tank - Page 31 - Business, Finances and Investing Forum

Seems like a cool invention and hope they make lots of money, but yea I don't see this being a huge success.

I predict:

Robert thinks "its cool" and his kids will think "its cool" and he might even toy with investing just to "be cool" but he'll throw out a real nit offer, and pout when they don't snap accept, and then he'll recant his offer when they entertain other investors.

Kevin will try to steal the company, and ask them "whats proprietary" about it and why cant he just go to China and make them for 50% less and squash them like a bug.

Damon will be out either really quick, or not say anything at all and be out last, again, without saying anything at all.

Mark will say something kind of savvy and offer a quick pro business tip about why he is not interested although he likes the invention and be out.

Barbara/Lori will buy it.

Why would Lori buy it? It's not like it's going on QVC. I can't see Barbara getting involved either. My guess is zero deal.

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10-25-2012 , 09:27 AM

#752

LT22

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The post was sarcasm, yes?

I don't foresee a deal either, but crazier crap has happened.

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10-25-2012 , 09:40 AM

#753

BornToPun

adept

Join Date: Dec 2010 Posts: 1,041

Quote:

Originally Posted by PFUNK

Use spoiler tags please.

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10-25-2012 , 11:50 AM

#754

fanmail

Carpal \'Tunnel

Join Date: Jun 2005 Posts: 32,698

I might be getting leveled here, but I thought it was funny b/c that's what they do almost every time.

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10-25-2012 , 02:40 PM

#755

BornToPun

adept

Join Date: Dec 2010 Posts: 1,041

Quote:

Originally Posted by fanmail

I might be getting leveled here, but I thought it was funny b/c that's what they do almost every time.

You're right. My post was a bad attempt at humor.

Quote

10-25-2012 , 02:44 PM

#756

fanmail

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Quote:

Originally Posted by BornToPun

You're right. My post was a bad attempt at humor.

I liked it

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10-25-2012 , 05:58 PM

#757

ESKiMO-SiCKNE5S

What SN is this?

Join Date: Aug 2005 Posts: 29,325

Quote:

Originally Posted by TomCollins

Why would Lori buy it? It's not like it's going on QVC. I can't see Barbara getting involved either. My guess is zero deal.

there was a somewhat similar product on canadian dragons den called the uno; albeit positioned for the more serious transport/motorbike market rather than the leisure market... and it got competition and a big deal

i mean whether it gets a deal probably comes down to numbers etc, but there is a little precedence here

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10-25-2012 , 07:47 PM

#758

drexah

Pooh-Bah

Join Date: Nov 2004 Posts: 5,962

Pretty awesome...only one of a few clips/shows i've seen of DD but again it is nice to see the investors just get straight to the point and come off as real people in a real situation, not changing their behavior because it's a TV show. I find myself wishing Shark Tank was like that but I guess it kinda comes with the territory of being a mainstream U.S. show and having to create that 'drama' and action.

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10-25-2012 , 07:56 PM

#759

LT22

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from Wikipedia:

Spoiler:

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10-25-2012 , 08:40 PM

#760

TomCollins

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That Uno guy seems like I saw him on the show with some other idea.

Surprised that guy even got a deal, but it's a numbers game and it's replacing a motorcycle and in crowded areas it seems like it could work. A unicycle, im not sure.

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10-25-2012 , 09:01 PM

#761

IcyHotMonkey

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Join Date: Mar 2005 Posts: 2,771

I remember originally seeing this on Dragons Den and I've been loosely following the invention.

The kid is now on his 3rd model and it can transform into a motorcycle while in operation for road driving. And based on his promo videos it seems he did move out to Boston.

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10-25-2012 , 09:29 PM

#762

IcyHotMonkey

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Join Date: Mar 2005 Posts: 2,771

Here's a good Dragons Dens clip of a $495,000 car...

gotta say it doesn't look too bad but hard to pay that kinda cash for an exotic car with little tradition/experience.

Spoiler:

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10-26-2012 , 01:13 AM

#763

TheAsianPlayboy

old hand

Join Date: Oct 2012 Posts: 1,315

Has anything ever became successful off of DD??

Doesn't seem like it to me....

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10-26-2012 , 01:47 AM

#764

ESKiMO-SiCKNE5S

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Join Date: Aug 2005 Posts: 29,325

reggae reggae sauce imo

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10-26-2012 , 09:16 PM

#765

OppositeAttract

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Join Date: Feb 2012 Posts: 2,674

Didn't like Shark Tank exploiting the lady with alcoholism.

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10-26-2012 , 10:03 PM

#766

smartalecc5

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My friend and freshman year roommate was on the season premiere a month ago. What did you guys think of the Coat Chex? He was the guy that rejected the offer from Marc Cuban.

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10-26-2012 , 10:12 PM

#767

TheAsianPlayboy

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Join Date: Oct 2012 Posts: 1,315

super bad reject imo. But I'm nitty. I'm taking guaranteed money and help (from cuban) everytime. He hasn't tested the market. I didn't even like the idea that much to begin with. I don't think the current system is that bad.

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10-26-2012 , 10:56 PM

#768

Jzo19

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the SBU seems pretty cool , ive seen some similiar projects on kickstarter but id actually buy that ,

the alcoholic girl at the end was pretty bad , felt like i was watching a trainwreck reality show instead of shark tank .

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10-26-2012 , 11:01 PM

#769

jalexand42

Hypothetical Ubermonkey

Join Date: Oct 2005 Posts: 5,390

Quote:

Originally Posted by OppositeAttract

Didn't like Shark Tank exploiting the lady with alcoholism.

Wait, what? How did they exploit her?

Quote

10-26-2012 , 11:29 PM

#770

OppositeAttract

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Join Date: Feb 2012 Posts: 2,674

I believe the only reason she was put on the show was because she is a recovering alcoholic, leading to my thinking they were exploiting her to create an image of sympathetic, and caring individuals instead of cold, business driven for the sharks. Basically it humanizes the sharks making them more relate-able to the general populous who can't really relate to them. I'm not saying it's the first time they have done this. (every episode seems to have someone with inner struggle they heighten) It just to me felt worse doing it with a recovering alcoholic.

Last edited by OppositeAttract; 10-26-2012 at 11:30 PM. Reason: There is always the chance I am overthinking this all.

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10-26-2012 , 11:45 PM

#771

LT22

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It depends on what she told them during casting or whatever their screening process is called. In her teaser video she mentioned difficulties but didn't say what they were. There's no way the sharks were stoked to find out the truth. Kevin was quite upset iirc

I do wish the producers would stop letting on so many business owners who come to the sharks too soon. I'm getting semi sick of hearing them turn down offers b/c the biz is too young.

Last edited by LT22; 10-26-2012 at 11:52 PM.

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10-26-2012 , 11:52 PM

#772

OppositeAttract

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Join Date: Feb 2012 Posts: 2,674

Yeah, your right that is possible and Kevin did seem upset. It's also possible they knew all along and edited it to add suspense to the commercial break as the group was asking her what was wrong.
Also for that Scrubbing product was it better what are peoples thoughts on him taking Lori's deal.

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10-27-2012 , 12:06 AM

#773

TheAsianPlayboy

old hand

Join Date: Oct 2012 Posts: 1,315

I thought he got a good deal. I can see that thing doing millions in sales. Just get it in retail, online sales, and do more of that qvc.

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10-27-2012 , 12:08 AM

#774

OppositeAttract

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Join Date: Feb 2012 Posts: 2,674

Yeah, I think he got actually the best deal of the night. I just wonder if Kevin's deal was better or not.

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10-27-2012 , 03:37 AM

#775

ESKiMO-SiCKNE5S

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Join Date: Aug 2005 Posts: 29,325

lori's deal was for the exact valuation he came in at

imo she would have got the offer without changing her $100k for 30% stake. it was a qvc product and she was the perfect shark for it. was ridiculous the way she kept dropping.

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