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The Shark Tank The Shark Tank

03-10-2013 , 12:59 PM
Quote:
Originally Posted by chezlaw
Is the business comitted? Can they agree a deal with a shark on the show and then just walk away or do they need a valid reason?
Its ALL just talk until the contract signed and a check has been written.


Quote:
Originally Posted by Green Plastic
i wonder how much of a factor the "you must give x% to shark tank producers" for going on the show is in deterring potentially "huge" successes from getting on the show?

it'd be cool if they would conditionally waive that in the case of a really compelling / big idea.

i'd also like to see some businesses doing unique things. every other product is infomercial worthy and most entrepreneurs are just looking for help with distribution...which i guess is the problem most businesses face, but still, would be nice to see something different. maybe b2b, brick and mortar businesses, subscription service, whatever.
I dont think its much of a factor, hell everyone on the show thinks they have the next "huge" success.

I would also say that anyone who really does have what could be the BIG ONE are going to find other
ways to get funding so I can see where you are coming from BUT who the heck really knows whats going to hit until it actually does hit.

Tv guide said over 36,000 people applied for to be on last season.


There have been lots of other type businesses over the years ,here is the episode guide. http://en.wikipedia.org/wiki/List_of..._Tank_episodes
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03-10-2013 , 03:19 PM
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Originally Posted by idun215
its Cordaroys the bean bag bed chair. Their website crashed last night so i think they are doing very well.
that is terrible execution. they had months to prepare for the Shark Tank traffic and they failed?
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03-10-2013 , 03:40 PM
the last episode was one of the least interesting. Seemed like the produces did a weak job of editing kiddie disco. cowboy was good TV i guess but not interesting to me. cell phone guys just made me laugh with the claim that they are profitable since they can't know that yet. and CordaRoys are just a beanbag chair for marketing to college kids. yawn
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03-10-2013 , 03:49 PM
genuinely can't stand people like the Cowboy. I wouldnt even want to be in a room with that guy, let alone work with him. his product was also a piece of crap, and i don't believe his claims one bit
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03-10-2013 , 04:44 PM
So, his claims are positively false that working out with a certain heart rate of "too fast" burns muscle instead of fat?.....or whatever his claims were.

Doesn't seem right, but I know little about it, although I was under the impression that a very steady work out at a certain heart rate pace that is below "extremely fast" is more beneficial to you for x, y, and z reasons.
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03-10-2013 , 04:58 PM
I found it wierd with the cowboy it never came up on the show what his revenue was. I guess they edited it out but seems wierd since it's something that comes up on every pitch.
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03-10-2013 , 07:12 PM
Quote:
Originally Posted by PFUNK
So, his claims are positively false that working out with a certain heart rate of "too fast" burns muscle instead of fat?.....or whatever his claims were.

Doesn't seem right, but I know little about it, although I was under the impression that a very steady work out at a certain heart rate pace that is below "extremely fast" is more beneficial to you for x, y, and z reasons.
Though he is correct that maintaining your heart rate in a certain zone will burn the most fat.
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03-11-2013 , 03:39 AM
if u cut your calories hard and on top of that, try to do hard cardio you'll burn muscle.

So yeah there is a sliver of truth to what he says.
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03-11-2013 , 11:57 AM
Quote:
Originally Posted by lozen
Though he is correct that maintaining your heart rate in a certain zone will burn the most fat.
The targeted heart rate burns the most % of fat as % of calories burned.

High intentisty will burn more total fat.
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03-11-2013 , 08:13 PM
Quote:
Originally Posted by Green Plastic
i wonder how much of a factor the "you must give x% to shark tank producers" for going on the show is in deterring potentially "huge" successes from getting on the show?

it'd be cool if they would conditionally waive that in the case of a really compelling / big idea.

i'd also like to see some businesses doing unique things. every other product is infomercial worthy and most entrepreneurs are just looking for help with distribution...which i guess is the problem most businesses face, but still, would be nice to see something different. maybe b2b, brick and mortar businesses, subscription service, whatever.
I work at a start-up that was asked to go on the show. Our lawyers told us to stay the f away because of the 5% clause, which apparently they never plan to exercise unless you blow up like facebook or something. Nonetheless, our lawyers hated it, so we avoided. I suppose this is why all of the companies are gimmicky consumer goods, because for them it's worth the gamble just for the advertising splash in addition to the fact they are unlikely to get big enough for ABC to come after any $.
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03-12-2013 , 12:46 AM
I'm kind of shocked CordaRoy's had such a low valuation. It seems like such a brilliant idea with such robust margins. How could that guy be so desperate? Patent litigation bills? Gambling problem?
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03-12-2013 , 01:15 AM
The Cowboy pitch obviously can't be guaranteed since no amount of exercise will work if you eat more than you burn. I'm surprised someone into sports like Cuban didn't rip into him more.

He got his crazy body cause he's a crazy guy that probably trains 10 hours a day and not because of some silly program.
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03-12-2013 , 01:30 AM
Quote:
Originally Posted by Rizzeedizzee
Not that it's a huge difference, but they just tacked on one additional episode to this season, for a total of 26:

http://tvline.com/2013/03/05/shark-t...urce=pulsenews

That means there are still 10 new episodes left to air for this season.

Interesting to see that ratings are up as much as they are, according to the article.


was worrying this season was almost over but was afraid to look it up.

Quote:
Originally Posted by magking1

Big Bag, I would like to try one of them. I agree with Lori that she is going to have to do most all the selling to get it out and he probably just wants to make them and ship them out.

Good to see the painted pretzel lady doing well but the way she made it seem was
that they "made it" and were sitting back and counting the money. They only had around 300k or so in sales since Shark Tank so wondering how big she will want to make it.
+1 to wanting the bean bag bed. i thought the 300k sounded really low too in that update.

Quote:
Originally Posted by Jzo19
i really liked the big bag and i would buy one , thought lori raped him , since he would probably get some good publicity and sold well after the show .
i don't think lori raped him at all. he's gonna make so much money because of her. i think theres a good chance he makes more with his 40% than he would have made had she let him keep 60%. let her take control and let her be extra motivated by thinking of it as "her company" now.
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03-12-2013 , 02:08 AM
In the Lori beanbag chair deal, you need to be very careful in giving away control of your company since the controlling party can do almost anything they want with the company. I would be nervous of Lori (who seems very money motivated and focused) selling the company for a low price to someone she knows at a low value and cutting me out of the business this way through a tiny buyout or doing something that devalues my share of the company since she has controlling power.

When she took controlling interest in the eyeglass holder company, I could see we bundling the product with something else she owns on QVC and then unfairly distributing the sales from the bundle between the two products.

You need to TRUST anyone you give controlling power to in a business.

I remember some huge controversy with Facebook when one of the early investors got his shares reduced to a minimal amount when they redid the allocation of the shares and their values.
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03-12-2013 , 02:09 AM
From an AMA:

Hi Lori, love watching you and the other investors on Shark Tank! No one is going to argue that you aren't worth a fortune, however, given that your net worth is only 15 million compared to say Mark Cuban's 2.3 billion, have you ever been pitched an idea what you liked but was simply too large of an investment?

11. By: Oosterhuis
Thread | Permalink
A:
No one really knows what my true net worth is. That being said, so far I have never been pitched something I liked that I felt was too large of an investment.


Really surprised her networth is ~15million despite the true number being unknown. When she makes offers, I wonder if it's with her own money or she has other investors or QVC fronting the money. She offered 900k to the plate lid guy, and that seems to be a ton of money with that networth.

It doesn't really seem plausible for her to be telling everyone she's going to make them millions when she doesn't have that many millions herself. That said, I really like her still.
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03-12-2013 , 04:00 AM
Although my opinion is based solely on seeing these people on TV, I wouldn't trust Lori. I just get a weird read on her and it seems like she is just too self centered to be a good partner. Her offers seem to be too greedy and I would guess that she prefers to run the show and is very difficult to work with unless you agree with her at every step.
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03-12-2013 , 10:40 AM
I got the feeling the beanbag guy had been trying hard for 10 years to get the product into mass market and was just tired and ready for someone else to take over so he may have gotten 'screwed' but I feel like it was probably the best for him after 10 years
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03-14-2013 , 10:15 PM
Is there history/beef between Trump and Cuban? Just saw Trump has been blasting Cuban on twitter over the last 24 hours.
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03-14-2013 , 10:26 PM
you follow Trump on twitter?

Care to fill me in, anything worthy?
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03-14-2013 , 10:37 PM
Quote:
Originally Posted by IcyHotMonkey
you follow Trump on twitter?

Care to fill me in, anything worthy?

@mcuban has less TV persona than any other person I can think of. He’s an arrogant, crude, dope who met some very stupid people...

...Those stupid people bought @mcuban's company (of which he owned a piece).

There’s a reason @mcuban’s partners can’t stand him and on top of that, the team sucks!

@realDonaldTrump
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03-14-2013 , 10:38 PM
No I don't follow him, can't stand him. But saw Cuban tweet something @ him about hugging it out, so I checked it out.


@realDonaldTrump: I watched Mark Cuban on Jay Leno last night - what a jerk!

@realDonaldTrump: Dummy @mcuban made up a story about a visit to Mar-a-Lago last night on Leno. It never happened—I don’t talk that way.

@realDonaldTrump: I love watching dummy @mcuban promote on ok show named Shark Tank—but he is just a small part of that show.

@realDonaldTrump: When @mcuban had his own show, The Benefactor, it totally “bombed!”

@realDonaldTrump: There’s a reason @mcuban’s partners can’t stand him and on top of that, the team sucks!

@realDonaldTrump: ...Those stupid people bought @mcuban's company (of which he owned a piece).

@realDonaldTrump: .@mcuban has less TV persona than any other person I can think of. He’s an arrogant, crude, dope who met some very stupid people...
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03-14-2013 , 11:49 PM
Quote:
Originally Posted by m_reed05
Is there history/beef between Trump and Cuban? Just saw Trump has been blasting Cuban on twitter over the last 24 hours.
Yes. This is not their first exchange. Their feud started almost ten years ago.

http://www.forbes.com/sites/kerryado...ut-on-twitter/

http://sports.espn.go.com/espn/page2...=garber/060303

"He has an ongoing public feud with Donald Trump that began when the real estate mogul called Cuban's "The Benefactor" television show a blatant copycat of the "The Apprentice." It escalated when Cuban claimed he could write a bigger check, based on his cash flow rather than net worth, than Trump could. Trump, Cuban said, threatened to sue him."
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03-15-2013 , 12:20 AM
Trump did an amazing job branding himself with The Apprentice but he then made himself look like an idiot (and continues to look dumber and dumber) with his birther accusations against Obama and his nutty feuds with random people all through Twitter.

Mark Cuban actually makes Shark Tank awesome, he's way cooler, owns a basketball team, has better hair, and just seems to be pretty cool whereas Trump seems to be living in the 80's with his over the top style of luxury.
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03-15-2013 , 12:27 PM
Quote:
Originally Posted by bearz
From an AMA:

Hi Lori, love watching you and the other investors on Shark Tank! No one is going to argue that you aren't worth a fortune, however, given that your net worth is only 15 million compared to say Mark Cuban's 2.3 billion, have you ever been pitched an idea what you liked but was simply too large of an investment?

11. By: Oosterhuis
Thread | Permalink
A:
No one really knows what my true net worth is. That being said, so far I have never been pitched something I liked that I felt was too large of an investment.


Really surprised her networth is ~15million despite the true number being unknown. When she makes offers, I wonder if it's with her own money or she has other investors or QVC fronting the money. She offered 900k to the plate lid guy, and that seems to be a ton of money with that networth.

It doesn't really seem plausible for her to be telling everyone she's going to make them millions when she doesn't have that many millions herself. That said, I really like her still.
wow, interesting, didnt know this.

Quote:
Originally Posted by mrducks
I just get a weird read on her and it seems like she is just too self centered to be a good partner. Her offers seem to be too greedy and I would guess that she prefers to run the show and is very difficult to work with unless you agree with her at every step.
yeah same here.

it also bugs me how pissy the sharks get (and iirc lori doing this many times) if the person pitching gets an offer and they dont SNAP accept it. like chill out sharks, its this persons life and theyre in front of cameras etc., and theyre trying to make the best decision for themselves. lori will be like "oh well if youre having to think this hard about it then i might just retract my offer because were clearly not meant for each other blah ****ing blah."



and about beanbag pitch, its prob not a big deal, but nothing good can come from telling ppl the $200 beanbag purchase is an impulse buy, even if it completely is.
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03-15-2013 , 01:11 PM
Quote:
Originally Posted by TooCuriousso1

and about beanbag pitch, its prob not a big deal, but nothing good can come from telling ppl the $200 beanbag purchase is an impulse buy, even if it completely is.

What do you mean, how is this not good?
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