Agreed - this was just Robert trying to give the appearance of making an offer that he was 90% sure wouldn't get accepted, with the added comfort that it was an offer Daymond was willing to make (b/c, as Taylor points out, the sharks have the diligence out regardless).

Completely agree! I am so happy Robert is no longer part of Dragons Den. He generally acts classy and I have nothing against him as a person, but he adds nothing to the show. He is a major NIT when it comes to deals and the very few he makes fail at some later stage after the show. Kevin also makes very few deals, but he adds a lot to the show in terms of character that fuels all kinds of emotions from both sides and the audience.

Well, he was basically saying I will invest even if the Walgreen's deal falls through from my perspective. Anyone knows in business that just because someone is "very interested" or "in talks with" means absolutely nothing besides opportunity that is hasn't been met.

Damon's deal was contingent on that deal happening from my perspective. He said as long as that deal "is real" or something to that effect, adding that this was the main reason he was interested in it. This leads me to believe that if Walgreen's pulls out and doesn't happen, so would he.

I agree the points about Robert though, he is my least fav in terms of entertainment or business value imo.

I can't imagine how awesome this show would be if there were 5 Cuban's being super aggressive.

Ye that would be great. Besides expertise and character, Cuban brings a ton of competition which I love. It is really boring when all the Entrepreneurs are on the same page, colluding, playing soft, agreeing with each other and cooperating on deals. It is pretty clear that Cuban and Robert have some history and there is some animosity there. Also, Cuban really likes to dominate the panel and get the great deals as he truly believes and in fact is, the best entrepreneur on the panel. On the contrary, in Dragons Den CA, everyone is friends with each other and there is zero competition. Often times there will be 3-4 people on deals, which I personally do not like and the collusion is obviously a BIG negative for the business participants.

It is pretty easy for the Sharks to break the deals at the due diligence phase. Robert knows this - all deals are contingent on many factors no matter if it is explicitly stated or not. He would prefer to secure the deal without the explicit contingency and evaluate better at a later stage. In reality, if there is no Walgreen's deal and Robert has the least doubt that the deal is not extremely profitable, then he will get out of it pretty quick. For example, there was the story where Robert made a deal and simply chose never to pick up the phone or return any calls after the show.

I don't think it's a negative. Having people that specialize in different areas on your team would be good. As far as "collusion", the deal only goes off on your terms. If they don't want your deal as a group, I doubt they want it as individuals. If they barter for a deal as a group that isn't up to your standards you just say no. If there is money to be made on your terms, they will go with it.

I don't mind when sharks work together- in fact that's often more interesting and better for all involved in the deal. It does annoy me when they ask an entrepreneur to leave the room so they can stab him in the back. That's dirty pool.

All things considered, Cuddletunes might have been the one of the worst ideas to be featured in a long time. Yes, I get that some ideas are just LOLbad, but the combination of this guy's arrogance, the bad valuation, and, most notably, the fact that it's a totally unnecessary idea given today's technology (hello - ever heard of Skype buddy!) made it beyond terrible.

The point of cuddletunes is that your child can hear your voice whenever they want. If you are on the other side of the country, they can't necessarily call you and have you be able to pick up. I get it. I thought about making an app to do something very similar. I started researching it and found out that it already exists. There is a market for cuddletunes

i don't understand why the cuddletunes thing didn't have an integrated live voip feature. it has all the necessary hardware for it.

i don't understand that market at all so i won't comment on whether it has any potential, but i agree, the valuation was absurd. and it was stupidly arrogant to value his time at $200k/yr (at a steep discount!) or whatever it was and include that in the sum that was invested in R&D.

the hoodie pillow!

thought it was the dumbest thing i've ever seen when they came on, but i'd totally buy the neck pillow version.

Yep, another pitch where the afterthought spinoff idea is better than the main one. In this case, much much better.

It was awesome how by Daymond retracted his offer only to partner with another shark for a loan that would require a higher equity share. Seemed like the lady with the bag already went through a group of investors similar to the sharks. Was she on the show just to advertise her business or was she hoping they would finace her debt?

i thought daymond should have went for the travel pillow, he could have gotten it at 25-27 percent , eventhough robert undercut everyone else ,they were looking for a reason not to accept his offer .

edit// huge fail for them not having travel pillows ready before this aired

http://www.hoodiepillow.com/products...low?color=gray

The sharks scolded the bag lady for taking on significant debt at 9% of sales... practically the same offer that Mr. Wonderful throws out every time.

The hoodie pillow is an awful idea, the travel hoodie is a great idea. I don't think it was mentioned on the show, but the neck support is inflatable (you have to blow it up). That doesn't sound appealing at all.

Interesting that Robert jumped onboard. What does he bring to the table? Seemed like they didn't even want him involved. Besides the exposure for being on the show, why didn't they go to Kevin Harrington (the shark involved with citikitty)? You'd think he'd be the best shark for the product.

What the hell is the citikitty?
http://www.citikitty.com/
How can this be a good product? At least occasionally the cat would piss and **** all over the toilet seat. And even if it didn't, I'd still be walking up to a toilet seat with **** in it. Not to mention what happens if the cat has diarrhea. Very hard to believe they are projecting $5MM in sales this year.

Yeah that they didn't have Kevin Harrington as a partner meant to me that most likely he wasn't interested. Or else he would have been ideal for them to partner with as he is essentially a better versionof QVC lady.

A lot of travel pillows are inflatable, so I don't think that's as big a minus as you think it is.

I thought it was pretty evident the the hoodie pillow guy and girl weren't completely in agreement regarding the deals. He seemed much more desperate to make a deal than her, probably because he's not rich and some money now means more to him. Thank god Mark spoke up because they were considering making a HUGE mistake giving the royalty.

Yeah, I thought Barbara especially was even more despicable and worthless than usual in this episode, Daymond at least brings something, but lol at getting a 33% offer rejected and countering with 40% and a royalty? That was bizarre even for them.

Loved that the dry cleaning bag product got crushed. Another "green" idea that - surprise surprise - doesn't make economic sense. Any guesses on how she lit fire to that much money?

I tried to work out how she burned through $1.2M (+ sales) and couldn't get there. My only guess is a large sales force but it would just be too insane to have 4-5 ppl at 60k/yr selling this thing at this stage.

Anyone else?

Ezra

The guy was a total jackass. But I do see a market for it. I could see my parents (soon to be grandparents) buying it.

But with things like skype + facetime etc. I don't see anyone in my generation buying it.

my problem with the travel hoodie is that i feel like the vast majority of people who would use it are people who are already wearing hoodies when they fly.

the hoodie pillow seemed dumb as hell and thats coming from someone def in the target market but i obv said the same thing about snuggies when i first saw the infomomercial and now there are like 5 in my house.

kevin and his royalty offers are getting SOOOO ****ing annoying. its so predictable and not amusing whatsoever and they basically never get accepted. and as someone pointed out it was pretty hypocritical of the sharks to gang up on that dry cleaner bag chick for previously doing a deal that was prob similar to what kevin always offers. where the F did all that money go though??

the cooler cup thing seemed like a decent product with an awful name and two owners who were either too nervous or too dumb to put a coherent sentence together. LOL at wanting to sell the whole business for 50k after its been sitting dormant for 8 years while still claiming to be super passionate about it.

yeah the whole bit about being 100% committed to the company was hilarious. you have to be pretty special to think the sharks are gonna buy that story.