Quote:
Originally Posted by NLSoldier
My first thought was that the post card guy was probably going to try to kill the deal or use it as some sort of backup while negotiating with other investors.
Cakeballs should have negotiated way harder, they had all 5 sharks interested and fighting for them, could have saved at least another 5% I think. The sharks started at 40% and then just bid themselves down to 25% and the guys never countered at all.
Doctors were so cringe worthy I've never been more tempted to fast forward mid-pitch.
Post card guy seemed pretty desperate for cash. After taking the deal he seemed pretty relieved, so I would not be surprised to see him actually take it.
I did fastforward through the doctor pitch. Not sure why they showed it (I assume they tape more than the show). I guess it was so bad some may have found it entertaining.
I get why the pickle ladies got no deal. Its such a hard business to really scale and they had no real plan as to how to defend against others taking over. I do see value in gourmet pickles (I will buy expensive pickles as I hate the cheap ones other than for sandwiches), but its going ot be hard for a small business to get any real brand loyalty.
Agreed that cakeballs could have gotten a bit better valuations. That said, not sure its that great a business. I would buy them, but there is really nothing to stop others from making the same product.