Rohan Oza Takes a Bite Out of Jackson's Honest | Shark Tank Firsts | CNBC Prime

Поділитися
Вставка
  • Опубліковано 16 жов 2024

КОМЕНТАРІ • 142

  • @bvucaj
    @bvucaj Рік тому +203

    Rohan is perfect for brand recognition for prodicts that is already out. I think sharks usually dont wanna take each others field of expertise so they let Rohan take this deal.

    • @johpafoora
      @johpafoora Рік тому +5

      The boy passed away unfortunately

    • @TheNerdDogg
      @TheNerdDogg Рік тому +1

      @@johpafoora What boy are you talking about here?

    • @adingdingdiiing6740
      @adingdingdiiing6740 Рік тому +6

      @@TheNerdDogg i think their son. The one they talked about at the start of their pitch, said that he was very sickly.

    • @TheNerdDogg
      @TheNerdDogg Рік тому

      @@adingdingdiiing6740 Oh ok!

    • @johpafoora
      @johpafoora Рік тому

      @@TheNerdDogg Jackson, their son

  • @Dustyplastic73
    @Dustyplastic73 Рік тому +212

    Saw that smile to each other at the end?
    They knew that any offer that let them keep 50% was good. 66% - 15% = 51%
    They got exactly what they wanted.

    • @michaelwallen5652
      @michaelwallen5652 Рік тому +10

      Question so since family owns 33% that means they can still give up another 17% and they’d still have the most equity?

    • @olivercool2308
      @olivercool2308 Рік тому +2

      They knew what they were doing

    • @bluntrazor2230
      @bluntrazor2230 Рік тому +14

      it will be higher than 51% because the Family and friends will also get diluted.

    • @NikhilChennuru
      @NikhilChennuru Рік тому +3

      @@bluntrazor2230 it’s 17% of every individuals portion?

    • @shubhjain1972
      @shubhjain1972 Рік тому +1

      They'll be diluted 10%, so will be left with 56%

  • @mattn6591
    @mattn6591 Рік тому +47

    You can just tell this brand is going to be a success. The name is very catchy and memorable and has good packaging, the entrepreneurs seem like they know exactly what they are doing, and apparently they taste delicious, and if I was in the store and saw this chip, I would definitely want to try it.

  • @sagarseth1014
    @sagarseth1014 Рік тому +73

    It's missing the sass without Mr. Wonderful!

    • @favorhere
      @favorhere Рік тому +11

      he is occupied with his chavelier du testevin

    • @tj.espygil4544
      @tj.espygil4544 Рік тому +3

      Thr judge ordered Mr. Wonderful back in to the rehab facility for his anger management issues.

    • @productivitywithdani
      @productivitywithdani Рік тому

      He was doing Dragon’s Den I think

  • @commanderkeen3787
    @commanderkeen3787 Рік тому +19

    Mr Wonderful loves royalties so much, they should call him King Wonderful

  • @privatear2001
    @privatear2001 Рік тому +5

    I could buy these about three years ago but haven't seen them since. I thought they were out of business. They were THE BEST chips I've ever had. I love all the coconut fat. They brought in about 12 bags at this one high-priced store that caters for upper-class tourists. I bought about 6 of them until I couldn't get them anymore. I bought two bags (and ate them) in one day! These chips blow everything else away! So thick with coconut fat. The texture is incredible. Its a real chip! No "cottonseed" (industrial machinery) oil here!

    • @pinkfrostedcwpcake
      @pinkfrostedcwpcake 5 місяців тому

      they sell them in homegoods and places like that

  • @Mamapelz
    @Mamapelz Рік тому +41

    Kevin would've definetly made royalty deal like why give away more equity? i will give you 1.25m as debt at 90% interest. And a royalty of $60 per bag untill i recoop 4million and it go away, all that for 3% equity

    • @EGarrett01
      @EGarrett01 Рік тому +5

      About midway through I stopped reading your post, then I realized that made it a good representation of Kevin's overcomplicated deals and had to the thumb up.

    • @Aamirmhmd99
      @Aamirmhmd99 Рік тому +2

      May I ask why the royalty deal is bad especially if it's not in perpetuity. And if 1.25 mn is not debt.

    • @jasonpatch5512
      @jasonpatch5512 Рік тому +1

      Ok here is what I am doing to do… I get 11 cents per chip until I recoup 4.25M and I will take 3% equity for coming along for the ride. All roads lead to Mr. Wonderful.

    • @favorhere
      @favorhere Рік тому

      hahaha awesome🤣

    • @dismalthoughts
      @dismalthoughts Рік тому

      @@Aamirmhmd99 Especially during the early stages of growing a business, you typically try to re-invest every dollar you can back into the business. So while a low royalty that goes away after paying off the loan can _sometimes_ end up cheaper than giving away equity, it inhibits your ability to re-invest into the business when it is most vital to do so -- the money that you would have re-invested now has to go to Kevin. Depending on the state of the business and the size of the royalty, this could completely cripple the company and cause it to implode before it gets off the ground, even if it would ultimately have been a long-term cheaper solution were the company to have survived.

  • @SK-ll3uv
    @SK-ll3uv Рік тому +14

    At many parts of the world, including Kerala in India the staple oil has been coconut. Various methods of cooking is adopted so that the food combination it is blend with does not convert the structure of fats harmful. However, the earlier West research advised its harmful for consumption and east started following three teens. In the last few years, all are back to coconut oil products and it even gets sold as a premium product now. Interesting how things fluctuate in preference so much!

  • @moygoodness
    @moygoodness Рік тому +26

    Barbara: These chips are the future and for that reason I’m out

  • @aligundogdu7668
    @aligundogdu7668 Рік тому +69

    Barbara: this is delisious i love it. For those reasons im out

  • @mattn6591
    @mattn6591 Рік тому +8

    Let me be honest (no pun intended), I just found these chips in Whole Foods and tried them for the first time yesterday. I tried the Sea Salt. How were they? They were good, I liked them. Were they great? Hmmm, don't know if I would reach for them over a couple of my other favorites. Maybe the other ones with other flavors might be a little more addictive than the Sea Salt ones. I didn't feel like I've GOT to have them. But they were good. And also, I'm a little disappointed they dropped the Honest from the name, thats what made it memorable. Jacksons - why not just make it Smiths or Jones. That might have been a mistake.

  • @favorhere
    @favorhere Рік тому +6

    they are great, got a very positive attitude!

  • @bethsewer5463
    @bethsewer5463 7 місяців тому +3

    I just looked up this product to see how they are doing . Turns out their child passed away 3 months after the pitch 😢

  • @ibnfaqir9223
    @ibnfaqir9223 Рік тому +22

    Even at 20%, it will take 5 years just to get his money back. This only works if the company gets bought out for 50 mil.

    • @hermanwooster8944
      @hermanwooster8944 Рік тому +3

      Only a $10 mil evaluation is needed. At 15% equity he could sell for 1.5 mil and make a small profit.

  • @jarubski_editz
    @jarubski_editz Рік тому +4

    What year is this cause I know it’s not this year

  • @7fall
    @7fall 3 місяці тому +1

    But in (15% * 7 mo = 105%), this means every 1 of 7 months’ worth of profit goes entirely to him. 2 months out of the year, nearly- forever. All so they could get a month’s worth of $$ up front? A 1/3 of what they already got from friends and family and they hand over 15%?? Speechless

  • @paveljakl
    @paveljakl Рік тому +1

    That guy look alike Jason Goodall tennis commentator..😀

  • @amitbikram9031
    @amitbikram9031 Рік тому +1

    These guys are smart...sure about thier product and business

    • @jamesrawlins735
      @jamesrawlins735 Рік тому

      Yes - but I don't like the fact that these are sweet potato chips. I don't think there is really enough demand for those over regular chips - and in fact their revenue has declined to about $6 million a year.

    • @ykd0011
      @ykd0011 Рік тому

      Nobody does business in which they're loosing money. It doesn't matter how good the chips are, they're loosing in millions, they should be terrified shitless.

  • @nopelindoputraperkasa5869
    @nopelindoputraperkasa5869 Рік тому +2

    Thank you my friend for sharing the best information.. great.. greetings from traditional Indonesian gold seekers ❤️🇲🇨🌻🇲🇨⛏️⛏️✋👍👍

  • @johnnydn6788
    @johnnydn6788 Рік тому +8

    Love love jackson's honest. Chips are bloody of the chain

  • @syedaleemuddin6804
    @syedaleemuddin6804 5 місяців тому

    Rohan's offer was much better than their whole family what they did, because Rohan at this point can actually save the company

  • @bySterling
    @bySterling Рік тому +1

    I’ve gotta try these and wonder how they’re doing now

    • @deckerjones7331
      @deckerjones7331 Рік тому +1

      they doing great im really good friends with his son. they such a nice family

  • @beccaholland3602
    @beccaholland3602 Рік тому

    I love this company

  • @whatsinaname7289
    @whatsinaname7289 Рік тому +5

    I didn't get the Barbara memes before, but after this one, it all makes sense now!
    "Groceries are eating businesses yum yum, so for those reasons I'm out." Lmao...

    • @tobiramasenju6290
      @tobiramasenju6290 Рік тому +2

      Looks like you still don't get them

    • @ran52475
      @ran52475 5 місяців тому

      It’s the same reason everyone else gave just phrase differently but with that icon you’re not the brightest lmao

    • @whatsinaname7289
      @whatsinaname7289 5 місяців тому

      @@ran52475
      Why? because I don't support genocide? Because I condemn the mass-murder of children? Because I want stolen land to return to its rightful owners?
      Get out of here with your zionist BS

  • @Techraider03
    @Techraider03 Рік тому +9

    Does anyone know how they doing nowadays?

    • @namu2896
      @namu2896 Рік тому +5

      Bunny ran into a hole just to take a poop while the foxes outside were sniffing around trying to find her but instead came across a scent that was unpleasantly surprising. Hence the foxes ran into the hole and found out there was a tea party but the water was not filtered to the foxes liking so they crawled back out just to ask the hawk for advice. In a few hours the hawk came with a mouse in the tight grip of the hawk’s clawed feet and dropped it down into the Bunny’s hole and the bunny and the mouse was able to poop more together while the fox was trying to find water till this day whilst the hawk has been flying around ever since. the company is thriving because the tea party will never end if it never started

    • @pokessomesmotps4327
      @pokessomesmotps4327 Рік тому +9

      @@namu2896 thank you for the update

    • @jamesrawlins735
      @jamesrawlins735 Рік тому

      Not as well as they projected. The last report I saw they were averaging around $6 million a year in revenue. They did change the packaging - one thing I don't know if they emphasized here is that these are sweet potato chips.

  • @visheshgoyal3999
    @visheshgoyal3999 Рік тому +1

    Stop with the spoilers in the title! Omg

  • @yellowrice1453
    @yellowrice1453 Рік тому +3

    Barbaba saying thank god. When they accepted rohans offer. Because she didn’t have to think of a reason to say she’s out.

  • @Soulfulvision1111
    @Soulfulvision1111 Рік тому

    Yay 🌱 💚 🙌

  • @qtshyguy3473
    @qtshyguy3473 Рік тому +1

    W brown guy

  • @defenderofdemocracy2231
    @defenderofdemocracy2231 Рік тому

    That is crazy

  • @RafanKamal-el2zo
    @RafanKamal-el2zo 11 місяців тому

    They make the best sweet potato chips

  • @psgraya2
    @psgraya2 Рік тому +8

    I don’t understand business, and maybe that’s why I find it wild that even if you Sell $10 million, you still loosing $1 million and ain’t profitable. Crazy.

    • @barackmycat9448
      @barackmycat9448 Рік тому

      That`s what I was thinking. They are now doing good though.

    • @jaysparc
      @jaysparc Рік тому +4

      that's why you'll always be working at mcdonalds.

    • @Ibochic1
      @Ibochic1 Рік тому

      @@jaysparc shut up, coward.

    • @jaysparc
      @jaysparc Рік тому

      @@Ibochic1 If having no brains is a blessing you win.

    • @vzx13
      @vzx13 Рік тому

      @@jaysparc Any better workplace for someone who only trolls other in comment section?

  • @DulsetRecords
    @DulsetRecords Рік тому +2

    An Indian origin Shark invested 1.25 million $ in USA. Proud moment 🇮🇳

  • @rbae
    @rbae Рік тому +4

    The dude looks like Rob Gronkowski and Peyton Manning fused together

  • @KOKOFINANZAS
    @KOKOFINANZAS Рік тому +2

    When they say $1.25 million for a 5% stake. 🤔How is this work? can someone break it down for me please.
    5% of 1.25 M = 62500
    How is this amount of money paid. Thats what I want to really know.

    • @arpitamishra5539
      @arpitamishra5539 Рік тому

      Whenever entrepreneurs raises money, they raise it based on certain valuation of the company which considers lots of factors.
      So, here the entrepreneurs are rasing 1.25mil against 5% which makes the company valuation at 25 mil (1.25/5%).

    • @behnamkhaleghi1668
      @behnamkhaleghi1668 Рік тому +1

      easy. they sell 5% of the company for $1.25 million, which implies the company is worth 1.25*100%/5% = 25 million.

  • @Noble_Trades.
    @Noble_Trades. 4 місяці тому

    Is it necessary to spoil every video with your title?

  • @carforumwanker
    @carforumwanker Рік тому +3

    Ive tasted these and they are amazing .

  • @JillMorgan-f7v
    @JillMorgan-f7v 3 місяці тому

    If Rohan Oza promoted the "Vitamin Water," and any others, I tried it! I can not drink it!
    It must have too much citrus acid for preserving the taste(favor)! All drinks must have some CHEMICALS, to preserve the taste!
    The only drink I can drink is milk! People that were born in the United States and has always consumed American drinks, resort to teas!
    I don't know anybody that has continued drinking "any" of these drinks without having stomach-problems!
    If you haven't experienced stomach-problems, you don't drink it enough!

  • @andrewwilkins6883
    @andrewwilkins6883 Рік тому +18

    Why is Barbra even a shark? She doesn’t invest into anything.

    • @dmadc8959
      @dmadc8959 Рік тому +22

      She’s actually one of the most successful investors

    • @SpiritualSchmuck
      @SpiritualSchmuck Рік тому +2

      That's not factually true

    • @TheFanwwefan
      @TheFanwwefan Рік тому

      A shark that does not BITE

    • @bigw4403
      @bigw4403 Рік тому +3

      Cuz she’s smart

    • @jamesrawlins735
      @jamesrawlins735 Рік тому +4

      She's made over 80 deals since she's been on Shark Tank. In comparison, Kevin has done over 40 deals while Mark has done over 200. Lori has over 60, Damon about the same and Robert 57.

  • @shizzynwa
    @shizzynwa Рік тому

    No Mr wonderful?

  • @salvagemonster3612
    @salvagemonster3612 Рік тому +6

    It is truly amazing that privileged people can strip a third world country of their assets.

    • @Sol-De-Invierno
      @Sol-De-Invierno Рік тому

      It's because thirld world governments get money for allowing them. And if you don't take that money, they'll fund the opposition and slander you til you end up in a car accident

  • @RUTHLESSambition5
    @RUTHLESSambition5 Рік тому +1

    25 million evaluation smh

  • @saibadam
    @saibadam Рік тому

    No way they gave away 15%??? Why are they so desperate??

  • @michaelwallen5652
    @michaelwallen5652 Рік тому +6

    With only 51% left for them they’re close to having their family be the majority owners. Never raise money from family and friends.

    • @tuckerfreeman
      @tuckerfreeman Рік тому +7

      you would prefer an investor over family? you have better chance of buying out family imo

    • @bluntrazor2230
      @bluntrazor2230 Рік тому +1

      Should be more than 51%, closer to 55%. 15% should also come off the 33% their family and friends own, won't all come from the 66%.

    • @michaelwallen5652
      @michaelwallen5652 Рік тому +1

      @@tuckerfreeman yes I’d prefer professionals who want a return on their money rather than family that might get lazy at which point it’s like their leeching which then turns family into enemies.

    • @hermanwooster8944
      @hermanwooster8944 Рік тому

      @@michaelwallen5652 Investing in a business is never leeching. They got money in return for equity.

  • @Yomamaissoo
    @Yomamaissoo Рік тому

    Another Tattooed Chef fiasco waiting to unroll :)

  • @tolu1778
    @tolu1778 Рік тому +1

    I didn’t hear from them until now so they must not be doing a good job.

  • @hellalmiah728
    @hellalmiah728 Рік тому +1

    Rohans negotiation was too cold

  • @Kevil911
    @Kevil911 Рік тому +1

    The product maybe awesome but the branding is craptasticly bland

    • @jamesrawlins735
      @jamesrawlins735 Рік тому

      I kind of agree - not very impressive packaging and branding. I've actually tried the chips but my main problem is that they are sweet potato chips, and no matter what you do, I'm not a huge fan.

  • @hkr321hkr
    @hkr321hkr 10 місяців тому

    I buy generic, broke.

  • @youtubeperson6
    @youtubeperson6 Рік тому

    According to my calculations, they gave 19% equity at a valuation that is lower that the round which would take them to another ask-for-cash, if you know what I mean. And you know. So, by giving up 15% to Kevin, they allowed Mark to permit Barbara doing what Lori wouldn't not allow Robert to do. That's my take on this episode. Do you agree?

  • @mathew3267
    @mathew3267 Рік тому +1

    Organic = tastes like dirt.

    • @rbae
      @rbae Рік тому +4

      Maybe whoever makes or chooses your food has a dirt palette bc organic usually just means no pesticides or other chemicals

    • @hermanwooster8944
      @hermanwooster8944 Рік тому

      Some organic products are like that. Some aren't. Always check the ingredients label to know what you're eating. The fancy "organic!" label alone is worthless.

    • @jamesrawlins735
      @jamesrawlins735 Рік тому

      These are actually pretty good, but I'm not a big fan of sweet potato chips.

  • @chrixMiller
    @chrixMiller Рік тому

    Nice that Kevin's missing!

  • @bradley3232
    @bradley3232 Рік тому +2

    They're liars..

  • @bradley3232
    @bradley3232 Рік тому +2

    Use your child to promote a business.....

    • @bigw4403
      @bigw4403 Рік тому +3

      Bro who are u 😂😂

  • @lucyameliaflynn4768
    @lucyameliaflynn4768 Рік тому +4

    It is better to invest now. You will never be younger than you are today and there will never be a perfect time to invest. Due to compounding, which Einstein called the 8th wonder of the world, you can get rich slowly from investing if you do it from a young enough age. kudos to JOSEFTRADE

    • @richardnicholas9654
      @richardnicholas9654 Рік тому +1

      The wisest decision an individual can make currently should be to invest in different streams of income that doesn't depend on the government. Especially with the current economic crisis around the world, this is still a good time to invest in Stock, Gold, Silver and Digital currencies(BTC, SHIBA..).

    • @rudypage5821
      @rudypage5821 Рік тому +1

      r̫e̫a̫c̫h̫ only V̫I̫A̫ T̫E̫ L̫E̫ G̫R̫A̫M̫ 💰

    • @kevinjames5884
      @kevinjames5884 Рік тому +1

      I also prefer this method known as trading than just hodl for a future that we are not sure about. I have been getting massive profit off the market from using his daily signals.

    • @noaholiver2946
      @noaholiver2946 Рік тому

      Crypto currency and NFTS will outsmart the banking system in the nearest future serving as a global fiat. Already making over 85% profit from my current investment with the help of JOSEFTRADE signal

    • @lucyameliaflynn4768
      @lucyameliaflynn4768 Рік тому +1

      Nice info, i appreciate your concern this will help a lot especially to the young bitcoin investors who have no or lesser knowledge on how bitcoin market works.