that lingerie woman was pretty bad........ not sure though why the sharks started harassing her on two to three year projections. pretty much every company they see would be "hockey stick" projections.....

didn't like the woman but i think she'll be successful, partly due to tv appearance.

on the rave gloves, what about market for kids? (obviously ex the "rave" marketing).....

went to a a good-size festival yesterday with a lineup that was pretty rave-like and the gloves were actually on the list of banned items/substances that you couldn't bring in.

her line is pretty decent too. But then again i can source the same quality for real cheap so anyone else can knock her off in asia. I hope they do.

Any idea why?

That seems odd. Were they actually banned, or prohibited from being brought in? If it's the latter, then maybe it was because the venue/promoter had some sort of exclusivity deal with a glove manufacturer, forcing folks to buy them there? Did you see any after you entered?

Lots of festivals are moving towards banning of items. Here is the list of items banned from Ultra Musical Festival in Miami, one of the biggest of the year. It looks like the gloves wouldn't be banned according to this list.

http://www.ultramusicfestival.com/info/policies

Electronic music events (long before festivals) have frequently banned a wide range of items from glowsticks to drums/whistles to flash photography and/or professional photography. Some comes from the promoters (in jurisdictions that take flack for various rave perceived risks), and most comes from the artist riders.

Maybe I'm just dense, but what was it about the lingerie that was so unique and worthy of 5m+ investment on just the idea? I'm sure they edited out a lot, but I don't see why she would need so much money up front (I don't think she said what she did with all the money). Surely growing the business organically and establishing a loyal customer base prior to seeking investment is a better way I would think.

Also Robert gets a lot of hate around here but at least he makes real offers. Kevin has really been annoying as hell lately with his lowball offers that have 0 chance of getting accepted. Makes me think Kevin may have the lowest net worth of the group or at least the lowest amount of capital to invest.

This is a given (re: Kevin). In the financial community up in Canada, Kevin is considered a joke. He's a talking head/brand for the uninformed, that's it.

According to Wikipedia, Kevin's net worth is as much as Lori, Barbara and Robert combined.

Kevin's deals are usually very smart, not great for the one he's offering it to, but he's either making sure he has an extremely low risk of losing his money or gets the most out of a company with minimum effort.

def not an exclusivity deal. just had to do with trying to promote a "festival" atmosphere instead of a "rave" atmosphere even though the lineup was ~all EDM. seemed really dumb to me but i guess the gloves are basically just classified as drug paraphernalia at this point.

i think it was a $5MM valuation, NOT that the guy invested $5MM................. of course, it was at product planning stage, so not sure what would give the company more than a $500K valuation at very most.

^ this is correct. Lingerie lady came across to me as in no way being interested in making a deal with the sharks.

c'mon. lingerie lady wasn't interested in making a bad deal, which is usually what happens on SharkTank. but occasionally the sharks don't make bad deals, plus you get a PR hit. that's why she was willing to invest her time.

Robert always makes stupid lowball offers. When he's actually interested, he ends up overpaying bc he lowballs, gets competition, and then has to compete because he is always the dumb money.

i don't watch the show that much but a few comments/questions....

i think the deals should be straight equity. none of this debt and/or royalty deals.

do the deals have to be for at least the amount of $$$$ the entrepreneur asks for at the start? i realize the % of company can change.

had a good laugh today watching dragons den (i presume rerun).... arlene trumpeting the fact david got "the highest mark ever" on the CSC exam. and yet they accuse the entrepeneurs of shifty marketing claims.. love to see someone get to the bottom of david's claim. and then CSC is such a basic pass/fail exam anyway (not that easy but pretty basic nonetheless). i have never of them giving gold medals like the CA exam and i assume the bar exam.

dragons are so big on sketchy marketing of themselves. it seems alot of their criticisms are hypocritical.

yes

The Brand Yourself was for sure just for the free advertising which is better than them paying millions. I assume the group that invested was Silicon Valley VC types.

Pretty sure the answer is no, unless I misunderstand the question, I am 100% sure sharks have offered less money than the initial ask was, regardless of the % of the company.

Why? This is not how investing works, and that's what this show is about.

No. If that were the case, half of these people wouldn't be on the show for more than ten seconds.

Yes. The deal has to be for at least the asking $$$ amount.

I find young kids with businesses really unsettling even if they're just the face for it. It almost makes me dislike the child (which is ridiculous) when they start talking like adults. I know someone who has a young kid with a business and they pull said child out of school to go to trade shows and stuff...

also, the best thing about this episode was the revelation that Barbara basically owns a friggin mountain

There are a ton of houses out at Deer Valley. I used to live in Park City which is about 2 miles from there. Everything in Deer Valley is $5m+ but she isn't the only one out there.

I know there's always a temptation - after watching a bad pitch - to say it was one of the all-time worst, but the doggie video one was so, so, so bad. This guy quit his job at General Dynamics for this?! And forget the dog peeing on it, how about licking or slobbering on it? The technology was terrible, the price points was terrible, heck - the whole idea behind it was terrible. And I can't be the only one who was creeped out to learn that the female was only 14 and the guy is just some neighborhood dude?