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Shark Tank on ABC (1 Viewer)

:shrug: I like Robert.

Kevin seems pretty worthless for anything other than the entertainment value of watching him yell at people. Plus he can be pretty funny.

 
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I like Robert because he seems the most laid back. Mr not so wonderful also doesn't seem to do a lot of deals because his are usually outrageous. But the 6 core members all bring their own personality which I think it's a nice mix to watch.

 
I despise Kevin. He has every right not to invest in something if he so chooses, but he doesn't need to completely trash someone who has worked really hard to start a business. I assume he started with very little himself and don't get why he has to be cruel about it. The rest of them are generally pretty direct if something is a bad investment while still being respectful.

 
I despise Kevin. He has every right not to invest in something if he so chooses, but he doesn't need to completely trash someone who has worked really hard to start a business. I assume he started with very little himself and don't get why he has to be cruel about it. The rest of them are generally pretty direct if something is a bad investment while still being respectful.
its shtick for ratings. Many of these reality shows have one mean judge since it worked so well for Simon Cowell.

 
I despise Kevin. He has every right not to invest in something if he so chooses, but he doesn't need to completely trash someone who has worked really hard to start a business. I assume he started with very little himself and don't get why he has to be cruel about it. The rest of them are generally pretty direct if something is a bad investment while still being respectful.
its shtick for ratings. Many of these reality shows have one mean judge since it worked so well for Simon Cowell.
 
I despise Kevin. He has every right not to invest in something if he so chooses, but he doesn't need to completely trash someone who has worked really hard to start a business. I assume he started with very little himself and don't get why he has to be cruel about it. The rest of them are generally pretty direct if something is a bad investment while still being respectful.
its shtick for ratings. Many of these reality shows have one mean judge since it worked so well for Simon Cowell.
I get that of course, but there's a huge difference between some random idiot looking for 15 minutes of fame, and a budding entrepreneur who may have sunk their life savings into a business and is working around the clock to try to build something.
 
DCThunder said:
Did anybody see this past weeks episode with the GoPro guy substituting for Robert? I did not like him at all. And I thought the companies were kind of weak too.
It was pretty cool seeing someone I'm familiar with on the show. We get lots of plants (perennials and hanging baskets) each summer at the garden center run by the father of the Off the Cob guy. And their corn stand is great, too. I've never met the son, but I thought he presented himself pretty well, and his father's a good guy.

The chips are good. As advertised, they're a bit sweeter than normal chips and are good with or without salsa. Too expensive for me to buy more than once in awhile, though. I don't blame the sharks for not going in on it, but it was good to see them get some nice advertising out of it.

 
Read somewhere that the producers of the show get something like 2-5% of all revenue moving forward whether or not the guy takes the deal

 
Robert's pretty damn near worthless.

The main thing he does each show is announce what each person's financing request translates to in terms of a valuation total.

Next he's the first one out.

Then at the end, he rehashes the other shark's offers and presses the person for an answer.

I could probably count on one hand the times I've actually seen Robert do a deal.

He seems like a nice guy, but he doesn't add much to the show deal-wise.
The rehash thing is actually part of Kevin's deal. They sit him center because he also plays the part of the facilitator host. He wears an earpiece and gets input from the producers as to whether a segment is dragging to help move them along

Some negotiations take 2+ hours but then get edited down to 5 minutes for TV

 
Read somewhere that the producers of the show get something like 2-5% of all revenue moving forward whether or not the guy takes the deal
They did the first season, but Cuban shamed them into stopping that when he started doing this the second season.

 
CNBC is running a SharkTank marathon. The season 1 offers were ridiculous in that they were

- terrible ideas. A guy trying to sell a franchise for a scooter ice cream truck, a couple trying to see a franchise idea of law services at a coffee ship

- no Mark Cuban. I am not a huge Cuban fan but the other guy they had was terrible

It is interesting that back then the sharks all wanted 51%equity share but now they settle for 15 or 20%

 
CNBC is running a SharkTank marathon. The season 1 offers were ridiculous in that they were

- terrible ideas. A guy trying to sell a franchise for a scooter ice cream truck, a couple trying to see a franchise idea of law services at a coffee ship

- no Mark Cuban. I am not a huge Cuban fan but the other guy they had was terrible

It is interesting that back then the sharks all wanted 51%equity share but now they settle for 15 or 20%
I watched the marathon. They were all 2009-2010 shows, pre Cuban. I like Cuban much better than what's his name. You'll see some I need 50 or 51% deals with ideas that are going to be a ton of work for the shark and/or they really like the person and want to help them to succeed but is pretty iffy if they will. Also, by now the sharks have a decent # of companies to keep track of. I read somewhere Cuban had to hire 10 people to help him stay on top of them all. So now it's harder to get a deal unless you really have something there and are a hardworker because they don't have time anymore to really do a lot of work like they did in the beginning---unless some of their investments have gone bust and their portfolios have gotten smaller.

I like watching the stupid idea ones too just as much as the great ideas. I'm glad they mix it up some to add some humor. The way Kevin can attack them though I'd be embarrassed to go on the show unless I was pretty sure what I have is good and I know my ####, like with the numbers.

 
If you haven't seen this epi, you should. Check out this dude at 20 minutes in wanting 1 million $ for 10% of his Sullivan generator biz. Hilarious!! I think this takes the cake for being so out there!

https://www.youtube.com/watch?v=LxPowaZ2YMM
I mean, the guy's a bit of a nut, sure, but, from how it was edited, I didn't get the idea that the sharks knew he was actually right about the degree to which gold is suspended in ocean water. It's thin, but, if you process enough water as part of a different process, then the gold recovery becomes economically viable.
But the guy had to know that this would be way over their heads, if true. No one understand all that physics mumbo jumbo. I think the only reason why they allowed him on the show was for the wtf factor expressed by the sharks. And 1 mil for 10% is pretty hilarious too even if he could have proved this to them. Anyone coming in with that valuation is laughed out of the tank.

 
If you haven't seen this epi, you should. Check out this dude at 20 minutes in wanting 1 million $ for 10% of his Sullivan generator biz. Hilarious!! I think this takes the cake for being so out there!

https://www.youtube.com/watch?v=LxPowaZ2YMM
I mean, the guy's a bit of a nut, sure, but, from how it was edited, I didn't get the idea that the sharks knew he was actually right about the degree to which gold is suspended in ocean water. It's thin, but, if you process enough water as part of a different process, then the gold recovery becomes economically viable.
But the guy had to know that this would be way over their heads, if true. No one understand all that physics mumbo jumbo. I think the only reason why they allowed him on the show was for the wtf factor expressed by the sharks. And 1 mil for 10% is pretty hilarious too even if he could have proved this to them. Anyone coming in with that valuation is laughed out of the tank.
I remember that guy. I assumed he was mentally ill and the generator was like the inventions I doodled when I was little, completely made up. Hilarious segment though.
 
If you haven't seen this epi, you should. Check out this dude at 20 minutes in wanting 1 million $ for 10% of his Sullivan generator biz. Hilarious!! I think this takes the cake for being so out there!

https://www.youtube.com/watch?v=LxPowaZ2YMM
I mean, the guy's a bit of a nut, sure, but, from how it was edited, I didn't get the idea that the sharks knew he was actually right about the degree to which gold is suspended in ocean water. It's thin, but, if you process enough water as part of a different process, then the gold recovery becomes economically viable.
But the guy had to know that this would be way over their heads, if true. No one understand all that physics mumbo jumbo. I think the only reason why they allowed him on the show was for the wtf factor expressed by the sharks. And 1 mil for 10% is pretty hilarious too even if he could have proved this to them. Anyone coming in with that valuation is laughed out of the tank.
I remember that guy. I assumed he was mentally ill and the generator was like the inventions I doodled when I was little, completely made up. Hilarious segment though.
I don't think I've ever laughed so hard in a shark segment as I did with this. The sharks remarks, reactions are priceless! lol

 
Wow, just watching this week's episode and it's the first time I already own something being pitched--the Biaggi luggage. I have these bags and LOVE them.

 
I despise Kevin. He has every right not to invest in something if he so chooses, but he doesn't need to completely trash someone who has worked really hard to start a business. I assume he started with very little himself and don't get why he has to be cruel about it. The rest of them are generally pretty direct if something is a bad investment while still being respectful.
its shtick for ratings. Many of these reality shows have one mean judge since it worked so well for Simon Cowell.
I watch the show because of Kevin. 99% of time he's spitting the truth. Doesn't have the best bed side manner, but so what. I actually think it's a great mix on the panel. Just when I think Robert and Daymond are worthless by being the first ones to go out in a deal they'll get involved in a blockbuster. Lori and Barbara each come with different perspectives. And while I'm a huge sports fan, I'm actually the least impressed with Cuban on the show. Sometimes he's on point and others I think he's all over the place.

 
The Profit is another angle on a similar premise (millionaire investor makes the difference in a small business' future) that I think works really well too. Has anyone seen that one?
I enjoy it. I think he gets some pretty incredible deals for the money he puts in.

 
I knew Cuban was going to go in that female sport fashion deal. His eyes lit up when they started talking. I think it's a fantastic idea for women. Most of us love to be fashionable and to sport our sports teams get up on something other than t shirts and sweatshirts and jerseys which I rarely wear. I'll be looking for this for myself once it spills into the NBA! :thumbup:

Also, anyone not think Kevin was somehow going to get in on the wine deal?

I thought DJ was going to cave in to that lufa soap deal the way it was going and was surprised when he went out.

 
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I despise Kevin. He has every right not to invest in something if he so chooses, but he doesn't need to completely trash someone who has worked really hard to start a business. I assume he started with very little himself and don't get why he has to be cruel about it. The rest of them are generally pretty direct if something is a bad investment while still being respectful.
its shtick for ratings. Many of these reality shows have one mean judge since it worked so well for Simon Cowell.
I watch the show because of Kevin. 99% of time he's spitting the truth. Doesn't have the best bed side manner, but so what. I actually think it's a great mix on the panel. Just when I think Robert and Daymond are worthless by being the first ones to go out in a deal they'll get involved in a blockbuster. Lori and Barbara each come with different perspectives. And while I'm a huge sports fan, I'm actually the least impressed with Cuban on the show. Sometimes he's on point and others I think he's all over the place.
Kevin is hilarious. You would never know looking at him but he really makes the show more entertaining with his funnies.

 
I really like this show, but one thing which is really starting to bug me about it is the number of sob story pitches that are showing up. It isn't as bad ad Extreme Home Makeover, but the Japanese dude crying about how he couldn't gt married unless a Shark gave him X thousand dollars was getting a bit much.

This trend seems to be getting worse over the past couple of seasons...
This!

 
I knew Cuban was going to go in that female sport fashion deal. His eyes lit up when they started talking. I think it's a fantastic idea for women. Most of us love to be fashionable and to sport our sports teams get up on something other than t shirts and sweatshirts and jerseys which I rarely wear. I'll be looking for this for myself once it spills into the NBA! :thumbup:
Starting with college licenses was wise, too. Sororities will buy that stuff in bulk.
Also, anyone not think Kevin was somehow going to get in on the wine deal?
I thought Kevin was thankful he is getting into that business without having to partner with that Copa Da Vino doosh. The sharks HATED that guy.

I thought DJ was going to cave in to that lufa soap deal the way it was going and was surprised when he went out.
IMO if she was asking for $50-60K he might have taken a flyer on her. I also wonder if he was about to make an offer for an equity stake so high she would have to reject him, and he didn't want to put her through that so he just declared out.

 
I despise Kevin. He has every right not to invest in something if he so chooses, but he doesn't need to completely trash someone who has worked really hard to start a business. I assume he started with very little himself and don't get why he has to be cruel about it. The rest of them are generally pretty direct if something is a bad investment while still being respectful.
its shtick for ratings. Many of these reality shows have one mean judge since it worked so well for Simon Cowell.
I watch the show because of Kevin. 99% of time he's spitting the truth. Doesn't have the best bed side manner, but so what. I actually think it's a great mix on the panel. Just when I think Robert and Daymond are worthless by being the first ones to go out in a deal they'll get involved in a blockbuster. Lori and Barbara each come with different perspectives. And while I'm a huge sports fan, I'm actually the least impressed with Cuban on the show. Sometimes he's on point and others I think he's all over the place.
Cuban gets emotionally hijacked too easily in the tank. I greatly dislike his "you gotta say yes to me now or I'm out" shenanigans. He's so hijacked at that point you can't appeal to his logic. But like you said, it's the mix of personalities and background that make the show work. The Sharks are established enough now, part of the fun after hearing the pitch is guessing which sharks will be interested and at what level.

 
I despise Kevin. He has every right not to invest in something if he so chooses, but he doesn't need to completely trash someone who has worked really hard to start a business. I assume he started with very little himself and don't get why he has to be cruel about it. The rest of them are generally pretty direct if something is a bad investment while still being respectful.
its shtick for ratings. Many of these reality shows have one mean judge since it worked so well for Simon Cowell.
I watch the show because of Kevin. 99% of time he's spitting the truth. Doesn't have the best bed side manner, but so what. I actually think it's a great mix on the panel. Just when I think Robert and Daymond are worthless by being the first ones to go out in a deal they'll get involved in a blockbuster. Lori and Barbara each come with different perspectives. And while I'm a huge sports fan, I'm actually the least impressed with Cuban on the show. Sometimes he's on point and others I think he's all over the place.
Cuban gets emotionally hijacked too easily in the tank. I greatly dislike his "you gotta say yes to me now or I'm out" shenanigans. He's so hijacked at that point you can't appeal to his logic.But like you said, it's the mix of personalities and background that make the show work. The Sharks are established enough now, part of the fun after hearing the pitch is guessing which sharks will be interested and at what level.
That should be disallowed on the show; the entrepreneurs deserve the right to hear all offers, and it's more interesting to the audience as well to hear the choices and ponder the right decision.

 
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I despise Kevin. He has every right not to invest in something if he so chooses, but he doesn't need to completely trash someone who has worked really hard to start a business. I assume he started with very little himself and don't get why he has to be cruel about it. The rest of them are generally pretty direct if something is a bad investment while still being respectful.
its shtick for ratings. Many of these reality shows have one mean judge since it worked so well for Simon Cowell.
I watch the show because of Kevin. 99% of time he's spitting the truth. Doesn't have the best bed side manner, but so what. I actually think it's a great mix on the panel. Just when I think Robert and Daymond are worthless by being the first ones to go out in a deal they'll get involved in a blockbuster. Lori and Barbara each come with different perspectives. And while I'm a huge sports fan, I'm actually the least impressed with Cuban on the show. Sometimes he's on point and others I think he's all over the place.
Cuban gets emotionally hijacked too easily in the tank. I greatly dislike his "you gotta say yes to me now or I'm out" shenanigans. He's so hijacked at that point you can't appeal to his logic.But like you said, it's the mix of personalities and background that make the show work. The Sharks are established enough now, part of the fun after hearing the pitch is guessing which sharks will be interested and at what level.
I agree but I can see it very frustrating when a shark is giving the person exactly what they asked for and he/she looks for other offers. Um, you are getting what you asked? This happened to Robert a few times and you could feel the frustration through the tv. I like Mark's 24 second clock and Daymond's occasional 20 second clock. It could also be that since it's edited and pieced together for time and entertainment value that they are simply tired of going round and round and it's time to deal. We don't know for sure at what point in the process Mark is saying it. It looks to be early on but it could be 2 hours later as some of these deals are said could run up to and he feels frustrated and gets the like #### or get off the pot attitude.

 
I knew Cuban was going to go in that female sport fashion deal. His eyes lit up when they started talking. I think it's a fantastic idea for women. Most of us love to be fashionable and to sport our sports teams get up on something other than t shirts and sweatshirts and jerseys which I rarely wear. I'll be looking for this for myself once it spills into the NBA! :thumbup:
Starting with college licenses was wise, too. Sororities will buy that stuff in bulk.
Also, anyone not think Kevin was somehow going to get in on the wine deal?
I thought Kevin was thankful he is getting into that business without having to partner with that Copa Da Vino doosh. The sharks HATED that guy.

I thought DJ was going to cave in to that lufa soap deal the way it was going and was surprised when he went out.
IMO if she was asking for $50-60K he might have taken a flyer on her. I also wonder if he was about to make an offer for an equity stake so high she would have to reject him, and he didn't want to put her through that so he just declared out.
They will do extremely well with all women who are sports fans once they get it out to include professional sports. I think this will be the biggest success for Cuban.

I hated that Copa dude! He was like a pompous ###! And to come back again to dangle the carrot and then pull out was over the top nuts. I hope Kevin and that wine dude outperform Copa and getting into Costco should do it!

 
I knew Cuban was going to go in that female sport fashion deal. His eyes lit up when they started talking. I think it's a fantastic idea for women. Most of us love to be fashionable and to sport our sports teams get up on something other than t shirts and sweatshirts and jerseys which I rarely wear. I'll be looking for this for myself once it spills into the NBA! :thumbup:
Starting with college licenses was wise, too. Sororities will buy that stuff in bulk.
Also, anyone not think Kevin was somehow going to get in on the wine deal?
I thought Kevin was thankful he is getting into that business without having to partner with that Copa Da Vino doosh. The sharks HATED that guy.

I thought DJ was going to cave in to that lufa soap deal the way it was going and was surprised when he went out.
IMO if she was asking for $50-60K he might have taken a flyer on her. I also wonder if he was about to make an offer for an equity stake so high she would have to reject him, and he didn't want to put her through that so he just declared out.
They will do extremely well with all women who are sports fans once they get it out to include professional sports. I think this will be the biggest success for Cuban.I hated that Copa dude! He was like a pompous ###! And to come back again to dangle the carrot and then pull out was over the top nuts. I hope Kevin and that wine dude outperform Copa and getting into Costco should do it!
Was really interesting how the wine deal came along at the perfect time for Kevin to leverage it with what he was already doing. I'll be very curious to see how that pans out.
 
^^^^

I think Kevin will work his ### off for this to become very successful if only to shove it in Copa's face! I look forward to the update in a year or so on how it's going down.. :wolf:

 
One of the more interesting aspects of the show to me is that because the show has become so popular it really enhances the value of making a deal with a shark. My guess is it is now a lot easier for these sharks to scale of the products of the companies they go in on now than say a few years ago. This is highlighted in one of the updates they gave with Lori where they showed the display in Bed, Bath and Beyond. It wasn't one company, it was a display of six companies and each individual brand didn't matter because the brand that they were selling was "As seen on Shark Tank".

 
CurlyNight said:
^^^^

I think Kevin will work his ### off for this to become very successful if only to shove it in Copa's face! I look forward to the update in a year or so on how it's going down.. :wolf:
considering how much equity Kevin asked for, I would bet anything that deal never closes.

 
Wow, just watching this week's episode and it's the first time I already own something being pitched--the Biaggi luggage. I have these bags and LOVE them.
that looked liked something I would actually buy. I hate how much space luggage takes up. I was concerned that the bags looked a little flimsy.

 
Wow, just watching this week's episode and it's the first time I already own something being pitched--the Biaggi luggage. I have these bags and LOVE them.
that looked liked something I would actually buy. I hate how much space luggage takes up. I was concerned that the bags looked a little flimsy.
Lori says she's going to change the name before marketing it.

 
CurlyNight said:
^^^^

I think Kevin will work his ### off for this to become very successful if only to shove it in Copa's face! I look forward to the update in a year or so on how it's going down.. :wolf:
considering how much equity Kevin asked for, I would bet anything that deal never closes.
I don't see him not getting into this biz. Maybe he will have to negociate it down some more.

 
CurlyNight said:
^^^^

I think Kevin will work his ### off for this to become very successful if only to shove it in Copa's face! I look forward to the update in a year or so on how it's going down.. :wolf:
considering how much equity Kevin asked for, I would bet anything that deal never closes.
I don't see him not getting into this biz. Maybe he will have to negociate it down some more.
Nah....the call option he got is more than enough if he can do what he thinks. 18.333% at 25 million with only 10% at risk is a pretty good deal considering he needs them to get his wine into Costco.

The thing it really hinges on is if they can prove they can get the costs down to 1.09.

I also wouldn't be shocked if Kevin had already found these guys and wanted in before they had appeared on the show.

 
Wow, just watching this week's episode and it's the first time I already own something being pitched--the Biaggi luggage. I have these bags and LOVE them.
that looked liked something I would actually buy. I hate how much space luggage takes up. I was concerned that the bags looked a little flimsy.
No, not flimsy at all. Mine has been to six continents so far and has held up great. :)

 
I despise Kevin. He has every right not to invest in something if he so chooses, but he doesn't need to completely trash someone who has worked really hard to start a business. I assume he started with very little himself and don't get why he has to be cruel about it. The rest of them are generally pretty direct if something is a bad investment while still being respectful.
its shtick for ratings. Many of these reality shows have one mean judge since it worked so well for Simon Cowell.
I watch the show because of Kevin. 99% of time he's spitting the truth. Doesn't have the best bed side manner, but so what. I actually think it's a great mix on the panel. Just when I think Robert and Daymond are worthless by being the first ones to go out in a deal they'll get involved in a blockbuster. Lori and Barbara each come with different perspectives. And while I'm a huge sports fan, I'm actually the least impressed with Cuban on the show. Sometimes he's on point and others I think he's all over the place.
Cuban gets emotionally hijacked too easily in the tank. I greatly dislike his "you gotta say yes to me now or I'm out" shenanigans. He's so hijacked at that point you can't appeal to his logic.But like you said, it's the mix of personalities and background that make the show work. The Sharks are established enough now, part of the fun after hearing the pitch is guessing which sharks will be interested and at what level.
I agree but I can see it very frustrating when a shark is giving the person exactly what they asked for and he/she looks for other offers. Um, you are getting what you asked? This happened to Robert a few times and you could feel the frustration through the tv. I like Mark's 24 second clock and Daymond's occasional 20 second clock. It could also be that since it's edited and pieced together for time and entertainment value that they are simply tired of going round and round and it's time to deal. We don't know for sure at what point in the process Mark is saying it. It looks to be early on but it could be 2 hours later as some of these deals are said could run up to and he feels frustrated and gets the like #### or get off the pot attitude.
It makes sense to listen to all offers, another shark might offer a deal that's better than what the entrepreneur originally asked for; sometimes people undervalue their companies too.

 
I thought last nights episode on CNBC was pretty good. It was just a recap / update episode of old deals.

Takeaways (from memory so some of these figures may be wrong):

* #1 most successful deal on any season was the Scrub Daddy deal that Lori did. Sounded like they are at about $16m per year now and growing. Lori's original investment was $200k for 25%

* Cuban has more money than all the other sharks combined - said Robert

* Lori also hit a home run with the Reader Rest eyeglasses thingy that Kevin thought she was crazy for investing in

* They all hated the Coppa Wine guy who creats single glass wine to be sold in stores. The guy was on the show twice and never made a deal. They made it sound like the guy is doing +30m a year now in wine sales

I can't remember which deal it was, but one of the Cuban / Kevin combined deals went belly up within 6 months. The company basically imploded.

 
Toygaroo is the company that went belly up fast for Cuban and Oleary- the subscription service of basically renting toys.

 
Cuban "if I offered you $30 million for the company, would you take it"?

:shock:

Girl (without hesitating) "No"

:shock: :shock:
I think he was testing her on her commitment to her product? I didn't see this epi but I know he likes to test how committed people are to their business and succeeding over the goal of becoming a millionaire. How old was this girl?

 
Cuban "if I offered you $30 million for the company, would you take it"?

:shock:

Girl (without hesitating) "No"

:shock: :shock:
I think he was testing her on her commitment to her product? I didn't see this epi but I know he likes to test how committed people are to their business and succeeding over the goal of becoming a millionaire. How old was this girl?
Maybe 30ish...one of three sisters...it was a legit offer, when they came back from commercial they said Cuban just made the biggest offer in ST history.The product was the dating site Coffee meets Bagel. They were asking for $500k for 5%.

 
Cuban "if I offered you $30 million for the company, would you take it"?

:shock:

Girl (without hesitating) "No"

:shock: :shock:
I think he was testing her on her commitment to her product? I didn't see this epi but I know he likes to test how committed people are to their business and succeeding over the goal of becoming a millionaire. How old was this girl?
Maybe 30ish...one of three sisters...it was a legit offer, when they came back from commercial they said Cuban just made the biggest offer in ST history.The product was the dating site Coffee meets Bagel. They were asking for $500k for 5%.
Thanks- I'll have to watch it on demand now.

 

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