/r/sharktank
The unofficial Reddit community of the American ABC show Shark Tank.
/r/sharktank
I've got to be honest, I have no idea what the different flares mean, this is only my second post on this subreddit.
I've just been binging Shark Tank clips on YouTube, and something that I've noticed is that Kevin will often ask whoever is pitching why someone else can't just do what they're doing.
What exactly is the entrepreneur supposed to say in this situation? What is Kevin even asking? He's asking them why someone else can't come in and do the same thing that they're doing. Does he expect the entrepreneur to have some sort of lucking genetics that makes them Superior to other humans, and thus literally the only person on the planet who could possibly create the thing that they just created?
I get the idea that he's asking why a particularly big business can't come in and do what they're doing, and thus because everyone will know that the big business exists, it'll be easy to overshadow the entrepreneur.
I'm not a business person and I don't even know that much about copyright law. I've heard that You apparently can't put a copyright on an idea, which does confuse me. Big business comes in and literally makes exactly the same product as what the entrepreneur did, then there must be a way to sue them for that right? Or if they may be change the design or something, is that enough to claim that it's technically a different product that just has the same functions?
And whatever the answers to those questions are, again I ask- What Does Kevin expect the entrepreneur to say in this situation?
Sharks for S16 E03
Product Links:
Product Discussion Threads:
Air Time\Date: 8:00 PM EST 11/01/2024 on ABC
During the Little Elf pitch back in season 11, Lori initially offered $100,000 for 30% of the company, triple the equity the founder intended to give up. But then, Kevin appeared out of nowhere and matched her offer, asking for less equity but adding a $1 royalty per unit.
Lori quickly adjusted her offer to match Kevin’s but with a $0.60 royalty instead. Both were determined to make a deal, and it eventually came down to both of them dropping the royalty entirely, agreeing to invest $150,000 for 20% of the company.
I had never seen anything like it before, and nearly five years later, he’s still in business.
During the Bucket Golf pitch in the latest episode of Shark Tank, founder Tyler Simmons asked for $1 million for 10% of his company, valuing it at $10 million. The product was impressive, and his sales were strong, everything was fair.
The hilarious part was that right after the product introduction, typical Kevin needed to know about the sales, and the way he asked had me laughing so hard. 'It’s a $10 million valuation, honey, sweetie, poopsie baby, bring the sales!' Oh god, he was so on point when he wanted to hear about the sales. Anyway, they accepted a deal from Mark Cuban: $1 million for 12.5%, valuing the company at $8 million.
Back in 2010 on Shark Tank, the founder of Wild Earth came to the show with an $11 million valuation and zero sales for his vegan dog product line. Despite Mark, all the other sharks were literally furious about the valuation and went out, pointing out that they didn’t even have sales. Mark was the only shark who offered a deal, saying, 'I'm not saying your valuation is crazy.'
Six years later, as of today, the company has $45 million in revenue, and it's truly magical how Mark Cuban sees the potential that no one else can.
Is it just me, or anyone else who watches the show who thinks the dragons there are wayyyyy too harsh? Much harsher than Shark Tank…. (I REALLY dislike Manjit)
During the pitch in the new season of Shark Tank, I noticed that Todd seems to be more of a throat stalker than any other shark. Rig Strips was a very decent product with a solid amount of sales since they started the business. Their initial valuation was $4 million, which is very reasonable, and they had a profit of $450,000 last year. Surprisingly, Todd thought the valuation was too high, even though he acknowledged their strong sales and profit. His offer was $300,000 for 20%, giving a 1.5 million valuation. If he replaces Mark next season, I think Shark Tank won’t be a fair place anymore.
Why did Sharks fight a lot for this scholarship app They could have just donated money for such as a good social app.
"In 1993, he convinced LL Cool J, an old neighborhood friend, to wear a FUBU T-shirt for a promotional campaign. Later, while filming a 30-second advertising spot for The Gap, LL Cool J wore a FUBU hat in the commercial and incorporated the line "for us, by us" in his rapping."
I've never seen Barbara so excited unless there's a guy with a strong, masculine build. Otherwise, no matter how good the product is, Barbara always has a strange reason to back out. During the Vade Nutrition pitch, Barbara was eager to make a deal with the protein powder company, even though it didn’t taste good. But unfortunately, the founders accepted a deal from Mark and the guest shark, which led it to become Michigan's fastest-growing consumer product company.
I always wondered -- why do entrepreneurs bust out these cringe ass sob stories last minute in a weird act of desperation
But now I believe it's because that's how they got their shot -- either implicitly they sold themselves in their applications with that story, or the producers explicitly called it out / alluded to it
So they feel it's "their move" that they should bring up even when normally any sane person would shut the fuck up so as not to look super desperate
Just a theory
I know the whole Barbara always goes out meme
But I don't think it's really true after watching a lot more tank lately
She has a clear niche, smaller deals where she can get a good chunk like 25% for < 100K and then blow it up
She has a good track record with those deals, and it's honestly a pretty rational strategy
I think it was less that she always dropped out and more the bullshit spiel she would give for a while.. like she would just makeup some dumb petty reasons to drop out
But now that I've been watching a lot more say seasons 7+ I don't really see that in practice
She's often straight up about the valuation being an issue, or the amount, or just not wanting the product rather than trying to contrive some shit
Rant over
It's so annoying to see that Robert acts like sunshine comes out of his a$% every time he sees a product. It's annoying and unreal to see how he gets overhyped every time on the pitch.
Has anyone experienced a shark saying "I'll be a customer" who actually followed through, to your knowledge?
For the majority of us who are just viewers, has a shark ever said this that you actually believed them? What product?
I feel like I remember a Shark Tank pitch that involved burgers/meat, where you could stick some sort of metal into the meat that had letters written on it to indicate how that burger should be cooked (rare, medium, well, etc.). The metal may also have changed colors when the specific temperature was reached (although I somewhat doubt this as I’m writing it).
The reason I’m making this post is because, when I look this product up, I cannot find anything for the life of me. I scoured Google, Amazon, and a bunch of sites that list Shark Tank products, and it has turned up nothing. Could anyone help in identifying this product (assuming it exists and/or was on Shark Tank)?
So why did he interrupt Lori exactly 3x tonight? It was hard to not notice…..
We still have yet to see an episode of Daniel, yet he is somehow a “regular shark” and I don’t even think an episode of his is next week either? :////
Also no Barbara or Robert yet… why so much Daymond!!
They're on the official shark tank account. Why do they not post the full quality vids bruh. They definitely have access to it. It's not like its piracy or something or its gonna make people not watch it on ABC anymore. It's just ruining the experience of people trying to watch on youtube for no reason. Why even post them at that point if you're lowering the quality so people can't enjoy them properly??
It's set to 1080p but looks like it's actually 480p or something. You can literally set it to 360p and back to 1080p and barely see a difference. between 480p and 1080p its 0 difference at all. its literally 480p vids pretending to be 1080p. the actual show is in 4k or something i swear. I don't understand their reasoning.
Phil Crowley's Intro: ”A solution for a common hassle with outdoor gear“
ASK: $300K for 7.5%
Phil Crowley's Intro: ”The backyard version of a popular sport anyone can play“
ASK: $1M for 10%
Phil Crowley's Intro: ”A special version of a favorite fried food”
ASK: $250K for 5%
Phil Crowley's Intro: ”Business that brings the best foods to you”
ASK: $350K for 8%
Sharks for S16 E02
Product Links:
Product Discussion Threads:
Air Time\Date: 8:00 PM EST 10/25/2024 on ABC
It’s World Series time. I’ll be recording the episode and watching later. At which time I’ll update “Phil Crowley’s Intro” and “Ask:” sections of the Product Discussion Threads.
Enjoy the show and play nice!
I'm not sure if these kinds of posts are allowed here, but it blows my mind how hard it is to find this clip. The people with the product were discussing in the hall, and Lori got up and went to talk to them outside, essentially willing to do whatever it took to secure a deal with them. Kevin gets up and goes "Yeah. Why not?" And proceeds to join Lori, along with 2 other Sharks, resulting in everybody BUT Mark standing out in the hall with the pitchers. Eventually, a deal is secured, and Mark pokes fun at the other Sharks for stooping so low, declaring: "I'm a f-ing Shark!"
Anyone know what I'm talking about?
As most people know Kevin O'Leary and Robert Herjavec were both on Dragons den canada these are some ones with Kevin O'Leary on ,I am shamlessly promoting the Dragons Den Canada youtube channel to Americans
Here are some really insane stuff that would never get on shark tank
https://www.youtube.com/watch?v=5bH5tUinN5I
https://www.youtube.com/watch?v=qx5L7QNPPWU
https://www.youtube.com/watch?v=2En4aBctIco&t=165s
https://www.youtube.com/watch?v=95Hvi6t6t7E&t=286s
More ones
https://www.cbc.ca/player/play/video/1.4340509
https://www.cbc.ca/player/play/video/1.4340509
https://www.cbc.ca/player/play/video/1.4340507
Check it out and tell me what you think