I've never heard it called anything but gloving. I also go to EDM shows regularly in Canada and there's usually a handful of people doing it - the same type of people that are decked out in "candy" (cheap plastic bracelets) and frequently use the phrases "plur" and "you want a light show brah?". If I'm at a rave I'm on a lot of drugs so these types don't bother me that much.

People who I imagine enjoy gloving




Also, speaking of pacifiers, maybe rave glove guy can tap into the EDM pacifier market? Pacifiers are worn by ravers so that they don't chew their cheeks when they're rolling on that molly. Of course, you could chew gum like a normal person, but then nobody would know you're on drugs.

I think Daymond was really tempted to invest in the shoes but that the shoe industry is basicly a no go unless you invest millions and millions, and that he wasn't willing to do that.

Did you guys catch that trailer for Beyond the Tank? Could be great imo.

idk anything about the industry but pittmoss seemed like one of the sickest products in awhile. i think the sharks got a ridiculous steal at that valuation if the product actually does everything they claimed.

Good episode. Those BINK guys will do well in time.

I agree that the Sharks are going to make out like bandits on the pittmoss thing, but I also think him getting 3 Sharks is going to accelerate his business in a manner he probably couldn't have done on his own. It's like seeing what Damon did for the sunglass guys with Marvel. Guys like us can't just walk into the big boys and get those deals. I also think Cuban is going to kill it on the electrical connectors.

Overall one of the strongest episodes for quality products that I've ever seen. Lot of future multi millionaires today.

Whenever the sharks team together to get in a deal, and say three sharks brings so much added value that we need more equity... It's total BS. It doesn't take three sharks to figure out the optimal path. Giving away more equity just to have three sharks, when they will all come to the same conclusion that they could have individually, makes no sense. Such a sucker play to do that. Also it's not like the sharks are the ones making the decisions. All these guys have PE teams with MDs to handle clients and then associates to do all the research and modelling.

Half of the value of Shark Tank is the exposure you get from being on the show in the first place. Agree/disagree?

For a product like pitmoss tho? Not sure there's huge value in the exposure there. The pitch was very good, but the difference between it being worth millions and it being worthless all depends on his statements that it can be produced cheaper than the competition and is just as good. If one of those 2 isn't true, it's probably worthless.

Very curious wether Cuban's deal with electric thingie made it past due diligence.

Not sure I agree with you there. Some of the sharks are absentee landlords on their deals. I could see a lot of reasons to want a Barbara-Cuban duo for example, over just Barbara. Certainly a Cuban-Kevin deal is going to be infinitely more successful than just a Kevin deal. Now how much equity that's worth, I have no idea. But if they aren't accepting my counter anyway, then I'm taking what they're selling.

This is very true. I work at a webhosting company and we have had hosted several sites that appeared on the show. Seeing the traffic / sales numbers was really surprising especially for some rather niche products. Obviously I can't give any specifics, but I definitely agree with you.

It appears it did based on his twitter. When the episode aired he tweeted: Does anyone know what I just bought ? #SharkTank follow @MelniConnector. Tell them if you want some !

And then he retweeted some people telling him what a good investment it was.

What i wanted to know is how much money the companies save buying it.

If its close to the current price = 50mil+ company quickly

Disagree. For most, it is more like 90%

for the PitMoss deal the value of having 3 sharks was the for the skarks not being forced to bid against each other. that would have been fun to watch. its not every week a dirt factory poised to do $3mm in sales shows up in the tank.

Did the Pitmoss guy mention anything about a patent? If the product is as good as he says surely the big players could easily crush him, no?

Also I'm not sure how much extra benefit having multiple sharks actually adds. I can see it in cases where one shark is a specialist in one side of the business (ie Daymond and licensing) and the other shark is an expert in another side (Mark and tech) but in something like Pitmoss where no shark is an obvious specialist in the industry, how is having 3 sharks better than 1 or 2.

I wonder what time frame they're estimating to get this product tested/approved. Seems like it's designed for high voltage wire which I'd assume calls for more rigorous testing. Then there's the issue of having the product accepted for use by municipalities.

Entertaining episode again.

Zinepak is a great idea but I wonder whether artists wouldn't be better off developping stuff like that internally. At any rate, I fully agree that in all entertainment industries a lot of money is left on the table by not having sufficient gear and stuff. If they can roll out stuff like that cheaply, they'll have a succesful business.

Bar Stool app is a problem that doesn't need solving imo. If bars want to provide reserved seats, it's not a big hassle for them to do it themselves imo.

Clothing brand obv a great idea but I'd really be surprised if they're that unique? They passed up a very good deal though. Should've waited longer before coming on if they didn't want to give up 25%.

Noene was interesting, but found it weird the sharks jumped onto it while he didn't own the brand or product.

I wanted to hate the clothing guys, mainly because that's my exact style. Plain shirt and selvage denim, minus the stupid hat. They need to get on hypebeast or high snobiety. I look at those sites on the regular and have never seen them on there. They need to try to get into Nordstrom or get into Urban Outfitters, although the price point, at least the denim may be too high. I've never seen brands like APC or Nudie at urban and that's who they are competing with.

I actually didn't mind the bar app. There are several times that I've gone to my favorite bars with my girlfriend and weren't able to get a seat at the bar so we left.

150$ for a pair of jeans is pretty ridiculous though IMO.

I don't understand why there seems to be no business that just aims for 25% margins for high quality clothes (or other products really) and thus aim for mass volume online with no middleman

Bar app pitch was hilariously bad. Other than football weekends and the first two days of march madness, how often is a seat hard to get?

The problem is why would a bar/restaurant ever voluntarily leave real estate open?

Only way it works is if you gave a guaranteed rate to the bar every night. So the bar would be able to subsidize it's dead nights, but then nobody needs to reserve a seat on a dead night. It's a solution to a problem that doesn't exist. Massive fail IMO.

I don't agree with Mark that music CDs are like a really declining market. It definitely is a better experience to hold a thing in your hand rather than to just buy something in iTunes.

Actually the sales have really declined in the past years, but I think it's gotten to the point of stability and like nostalgia.

I have no idea about worldwide trends but recently the 2014 music industry sales were announced in my country (Belgium) and it's just sad. The only 2 things that increased were streaming revenues (this is paid services only like Spotify or Deezer, Youtube etc is not included) and vinyl sales, even digital sales went down. CD sales were down -27%, and in total the industry went down with -19% to just above 100 million euros. Belgium isn't big but that number still seems very low for a 10 million population, especially considering it went down -19% in 1 year. So the avg person spent like 10 euros in a whole year on music.

New generations do not give a **** about holding a CD in their hand or any special artwork or neato box/packaging that may go with it. There obviously will be the few and the proud "superfans" that will like this and will buy anything related to certain artists, but it's not enough to build a sustainable business around and I would venture to guess it's a net loss on the business side for most artists to even do this without packaging that as a special item that goes with another purchase (VIP tickets etc).

This is exactly why those girls know they needed to branch into other categories. Record companies/artists are not able to make money doing this and newer generations care less and less about a CD no matter how it's packaged so its got a declining shelf life.

I just can't understand why a freakin' record company -- you know, the people who have been printing, packaging, and distributing items for 100 years, would need an outside company to come in and make fancy books for them.

curious wether Robert's deal got past due diligence. He hasn't been a total nit this season. Glasses guys were weird.