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The Shark Tank The Shark Tank

03-21-2015 , 12:50 PM
There is a niche market for the dog video though. Plenty of dog owners pay extra to board their dogs in its own suite that has a tv for the dog when they go on vacation.
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03-21-2015 , 01:03 PM
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Originally Posted by Rizzeedizzee
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?
All of this.

It was a horrible enough idea already, but when I realized it and usually would have to have a spare iPad.... yeah, that was truly one of the worst products ever pitched on this show.
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03-21-2015 , 01:31 PM
Clearly this is the worst pitch

https://www.youtube.com/watch?v=jLCSmZu8_3M
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03-21-2015 , 02:27 PM
I don't think that's bad in a sense that it's not really a serious pitch. Guy is insane and/or trolling
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03-21-2015 , 02:34 PM
One Dragon's Den, a very similar product was pitched (http://treatmypet.net/). No one bit
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03-21-2015 , 10:53 PM
Quote:
Originally Posted by Keloika
One Dragon's Den, a very similar product was pitched (http://treatmypet.net/). No one bit
and they said that they have a rival in the US that's making bank
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03-22-2015 , 01:53 AM
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Originally Posted by DrawNone
yes
You are actually right. Interestingly enough always thought it was not the case after so many seasons. Watched a random episode and Kevin just said that that is the rule. Gotta love the coincidence lol.
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03-22-2015 , 10:00 AM
Man the Home tshirt guy had some leaks. When Cuban asks you what's next, you're really going to come in with "another color"? Buddy.

As we speak, 10 companies are loading shirts on their sites now with outlines of various states. It's already begun.
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03-22-2015 , 10:21 AM
I've seen shirts like that in North Carolina at the farmers market for at least a year or too. I didn't realize this Home T was a brand. I thought it was just like "I love blank".
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03-23-2015 , 03:16 AM
Home t-shirt guy should have taken Daymond deal if he really want to get into retail and build the brand.
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03-24-2015 , 03:45 PM
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Originally Posted by HypersionSD
Home t-shirt guy should have taken Daymond deal if he really want to get into retail and build the brand.
We just got this episode, so a little bit behind. But 100% agreed with Mark Cuban. Daymond's offer was insulting to say the least and the only reason behind it was to ''prove'' he didn't want to deal.
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03-24-2015 , 05:24 PM
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Originally Posted by Mzbourg
We just got this episode, so a little bit behind. But 100% agreed with Mark Cuban. Daymond's offer was insulting to say the least and the only reason behind it was to ''prove'' he didn't want to deal.
I'm not so sure of that. I believe several Sharks were correct in saying that the product's biggest risk was being easy to copy, and that the airing of the show itself would cause people to come for the low hanging fruit.

In turn Daymond could actually give this guy a real shot at going from 1m to 5m or more. I think you give Daymond the equity because of not just this company, but the chance to work with him on others too. It didn't strike me as horrible. It's not like Daymond is just some angel. He's coming to turn your business around and make you big time.
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03-24-2015 , 05:51 PM
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Originally Posted by rafiki
I'm not so sure of that. I believe several Sharks were correct in saying that the product's biggest risk was being easy to copy, and that the airing of the show itself would cause people to come for the low hanging fruit.

In turn Daymond could actually give this guy a real shot at going from 1m to 5m or more. I think you give Daymond the equity because of not just this company, but the chance to work with him on others too. It didn't strike me as horrible. It's not like Daymond is just some angel. He's coming to turn your business around and make you big time.
I agree with why you sell equity to one of the sharks. But the evaluation was an insult. It was valued less than his total revenue and he was still going strong.

It has to go both ways. They destroy people who overprice their businesses, this guy probably did to, but Daymonds valuation was deffo too low.
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03-26-2015 , 09:33 PM
i didn't see that segment....

but the product either has to be:

well patented.... hate sounding like KOL, who i really dislike.

brand strength i.e. it has to be that shirt company with the USA states on them... ala it has to be lululemon, red bull, SBUX or apple to varying degrees. otherwise it's some not so impressive nor unique product that i'm paying way too high a price for............ so that entrepeneur needs damian or cuban or needs to somehow do the sticky branding himself.

makes me wonder if the CEO of lululemon is a genius or if he was literally in the right spot at the right time and then executed really well., i'm thinking 35/65.
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03-28-2015 , 12:14 PM
Sometimes the sharks really seem to think they deserve free money thrown at them for being lucky enough to have ended up on the show. Anything resembling a fair valuation is a giant insult to them. And god forbid anyone make any money off of the show without them getting their cut.

Mark was spot on about the tshirt guy. Damon and everyone else came off very badly.
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03-28-2015 , 02:28 PM
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Originally Posted by m_reed05
Sometimes the sharks really seem to think they deserve free money thrown at them for being lucky enough to have ended up on the show. Anything resembling a fair valuation is a giant insult to them. And god forbid anyone make any money off of the show without them getting their cut.

Mark was spot on about the tshirt guy. Damon and everyone else came off very badly.
I agree.... And on the Canadian show with which I'm more familiar it's like they want to finance inventory for large orders that basically exist or are very close

Much prefer advanced ideas and low valuations

American sharks are better on tv.... Arlene, wealthy barber (kol and robert h too) are so lightweight and condescending
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04-10-2015 , 10:24 PM
My sympathies were engaged more than usual tonight putting myself in the entrepeneurs' shoes.

Beehive guy did a good job presenting his company but couldn't hide an air of total desperation; it seemed like he didn't actually believe $400k for 10% made business sense for the sharks but he wasn't willing to come up with an alternative arrangement.

Pacificer lady was possibly the most nervous presenter I've ever seen on the show; if you watch the first two minutes of her pitch carefully it's like a textbook example of a nervous public speaker. Fortunately, she powered through it and was able to leave with what seemed like a fair deal.
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04-10-2015 , 11:41 PM
Yeah the pacifier lady sure gutted it out to the finish.

The running shoe guys definitely gave an air of being hard charging and all in, but there was absolutely nothing special about the shoes themselves.
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04-11-2015 , 08:32 AM
Missed a bunch of episodes apparantly. Just saw Ep 22:

*Gloving, really? I'd be massively surprised if this became a big deal within the EDM scene. Your average EDM party is packed to the point where you have very little space to move your hands, never enough to make this look impressive. And on top of that the population at those parties who wants to do weird **** like that is tiny, most people just want to drink/do drugs and party. Maybe it has a place as some sort of toy licensed to various brands, but to be honest I don't see it being anything that has a long lifespan.

*Lingerie lady was obv pretty smart but it was also pretty obv her beliefs for the company had never been challenged. If she gets some good people around her she'll probably be succesful though and I wouldn't be surprised at all if the company's eventually worth 10 million dollars. Pretty funny though when she was telling the story about the VC. They met up in a bar and made the deal on a napkin? How do you not analyse that story in your head and realise that every one will think you ****ed him before telling it to millions of people ?
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04-11-2015 , 09:53 AM
Trying to get into the running shoe industry seems like one of the worst ideas possible. Maybe if you break into somewhere other than the US or other western countries where Nike, etc does have all of the market share.
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04-11-2015 , 09:58 AM
No way bee hive guy really wanted a deal. He didn't do a single thing that you'd see the usual presenters do. That was a commercial spot for him.

I liked those shoes. I went right to the website and almost ordered, but they don't make them in wide which I need.

Their shoe by country idea is very good: http://www.wearforus.com/shoes/
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04-11-2015 , 10:26 AM
How does Daymond let a company called "Forus" pitch without even mentioning the name of his company?
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04-11-2015 , 04:58 PM
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Originally Posted by rafiki
Their shoe by country idea is very good: http://www.wearforus.com/shoes/
Seems like a bad idea to me unless they have already proven that concept on a smaller scale in specific countries/markets or have millions in cash to throw around. Each one of those different countries requires many different sizes and they have two products for each country on top of that, so were talking a lot of sku's. To scale their cost of manufacturing I would assume will cost them a small fortune to inventory each country. The fact that all of them say "pre-order" and are not even available (at least on my end in the u.s) kind of shows how questionable the whole concept is.

Quote:
Originally Posted by Conz
How does Daymond let a company called "Forus" pitch without even mentioning the name of his company?
Ya, I thought that too but I've never seen confirmation that FUBU was conceptualized as 'For Us By Us' but it has definitely been suggested....just never sure if that was by the public or branded by them?
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04-11-2015 , 11:05 PM
Cuban's reason for dropping out of pacifier lady's pitch was LOLtastic... he was concerned that she has too much inventory and will not be able to tweak the product, because it would take too long to sell through it. Yeah right, going on Shark Tank with a product like that you WANT them to have a lot of inventory, deal or not (but especially with deal) she is going to sell through all that inventory in no time just from being on TV... I mean, don't do a deal with her, fine, but stop pretending like being on this show doesn't make a huge difference for these companies' immediate futures.
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04-12-2015 , 12:01 AM
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Originally Posted by Party
Cuban's reason for dropping out of pacifier lady's pitch was LOLtastic... he was concerned that she has too much inventory and will not be able to tweak the product, because it would take too long to sell through it. Yeah right, going on Shark Tank with a product like that you WANT them to have a lot of inventory, deal or not (but especially with deal) she is going to sell through all that inventory in no time just from being on TV... I mean, don't do a deal with her, fine, but stop pretending like being on this show doesn't make a huge difference for these companies' immediate futures.
As a recent father, I didn't even fully understand the appeal of her product. It wasn't unique or patented.

There are almost infinite products out there similar to that one. I felt like Lori made the deal because she felt sorry for the lady investing everything she had.
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