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Old 11-27-2018, 10:44 AM   #3101
TrollyWantACracker
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Re: The Shark Tank

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Originally Posted by de captain View Post
Tide pods for protein powder was one of he best ideas in the last couple of years.
Tide pods with a prize inside ftw.
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Old 11-27-2018, 10:45 AM   #3102
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Re: The Shark Tank

cocoa pods, coffee pods, vitamin pods, tea pods,... Seems like a pill pouch instead of capsule. Definitely a nice idea but how did they get a patent?
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Old 11-27-2018, 10:53 AM   #3103
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Re: The Shark Tank

USPTO is now offering patents in individuality wrapped packages. A real gamechanger. Someone made a bundle on that idea.
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Old 11-27-2018, 11:28 AM   #3104
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Re: The Shark Tank

"any consumable powder that is entirely contained by a dissolvable film, both of which are meant to be dissolved simultaneously and consumed together in a water-based beverage"
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Old 11-27-2018, 11:34 AM   #3105
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Re: The Shark Tank

Wow, in just the last decade we went from having no tidepods, to having tidepods that you can't eat, to having tidepods that people are rumored to eat, to having tidepods that you are supposed to eat! I feel so bad for the previous generations who never got to see all this wonder.
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Old 02-02-2019, 01:58 PM   #3106
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Re: The Shark Tank

Is this thread dead?

S10E12 had a pitch that was very interesting imo, Monti Kids.

Start up offering a ridiculously expensive subscription model for babies (0-3 years) educational toys.

What I found very interesting:
*Team of 7 and the way it was presented it seemed like they were burning 95k a month on salaries, for a start up with half a million in revenues to date. Seems ridiculous, but the way it was presented I do not think it is far from the truth.
*She almost closes a horrible deal with Robert for $200k for 10% and eventually closes an even worse deal with Kevin for $200k for 2,5% and Kevin 4X-ing his money via royalties.

Why was she this interested in getting a deal for $200k at terrible terms, when the money does not even fund 10 weeks of operations? Why doesn't she convince her staff to take stock-based compensation instead of giving away all the equity and cash flow of the company?

Was she really after expertise? It still seems like a really expensive way to get expertise.

Does anyone know what I'm missing?
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Old 02-03-2019, 01:05 PM   #3107
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Re: The Shark Tank

I heard the guy who created Ring doorbell was on Shark Tank and they refused to invest. Then he sold it to amazon for a billion. Now everyone has those.
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Old 02-06-2019, 10:09 AM   #3108
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Re: The Shark Tank

Quote:
Originally Posted by bbfg View Post
Is this thread dead?

S10E12 had a pitch that was very interesting imo, Monti Kids.

Start up offering a ridiculously expensive subscription model for babies (0-3 years) educational toys.

What I found very interesting:
*Team of 7 and the way it was presented it seemed like they were burning 95k a month on salaries, for a start up with half a million in revenues to date. Seems ridiculous, but the way it was presented I do not think it is far from the truth.
*She almost closes a horrible deal with Robert for $200k for 10% and eventually closes an even worse deal with Kevin for $200k for 2,5% and Kevin 4X-ing his money via royalties.

Why was she this interested in getting a deal for $200k at terrible terms, when the money does not even fund 10 weeks of operations? Why doesn't she convince her staff to take stock-based compensation instead of giving away all the equity and cash flow of the company?

Was she really after expertise? It still seems like a really expensive way to get expertise.

Does anyone know what I'm missing?


Did not see this episode so can’t comment specifically - but generally the majority of deals on the show never close. And some of those are from people who never intend to close at all, but want the publicity/sensation of a “deal” on the show.
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Old 02-06-2019, 02:02 PM   #3109
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Re: The Shark Tank

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Originally Posted by SuperSwag View Post
I heard the guy who created Ring doorbell was on Shark Tank and they refused to invest. Then he sold it to amazon for a billion. Now everyone has those.
Its the only company to really hit it huge(billion dollar household name) to ever be on the show that I know of and the sharks passed, thought that was kind of funny.

The protein powder pods...I pay $40 dollars a month for protein powder and would happily pay $60 for it to come in those pods. If those guys really have a patent on that delivery system, they are going to kill it.
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Old 02-06-2019, 02:09 PM   #3110
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Re: The Shark Tank

Plated sold for something like 250 million. I think Bouqs got pretty big, too.
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Old 02-06-2019, 02:57 PM   #3111
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Re: The Shark Tank

Quote:
Originally Posted by Sideline View Post
Its the only company to really hit it huge(billion dollar household name) to ever be on the show that I know of and the sharks passed, thought that was kind of funny.

The protein powder pods...I pay $40 dollars a month for protein powder and would happily pay $60 for it to come in those pods. If those guys really have a patent on that delivery system, they are going to kill it.
there have been a ton of 100m+ companies/products from ST but only Ring hit a billion dollar exit. Its pretty crazy esp since a majority of the companies on there are consumer products and not nec heavy tech focused etc.
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