‘Uncoachable’ Business Duo Hold the Keys to MASSIVE Market Potential | Shark Tank

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  • Опубліковано 8 лют 2025
  • Hani and Meray Yassa pitched their baby showering highchair Charli Chair, asking for $200,000 for 5% equity in the business.
    Company Website: charlichair.co...
    An international sensation, Shark Tank AUS features entrepreneurs pitching for investment in the Tank from our Sharks, five venture capitalists willing to invest their own money in exchange for equity.
    As Seen On Shark Tank Australia Products: amzn.to/2ZJBbyf
    Shark Tank US Products Collection: amzn.to/3bMNjmI
    #SharkTank #Uncoachable #FirstToMarket

КОМЕНТАРІ • 885

  • @ballinblaza
    @ballinblaza 4 роки тому +1754

    the video editor that does the dramatic music must love his job. he goes a little overboard sometimes

    • @bash547
      @bash547 4 роки тому +43

      REALLY????? IT DOESN’T SEEM OVERBOARD TO ME!!!! 🤬🤬🤬🤬🤬😡😡😡😡😡🤬🤬🤬🤬🤬!!!!!!

    • @ballinblaza
      @ballinblaza 4 роки тому +65

      @@bash547 you must be their editor then lol. compared to other shark tanks or dragons den the aussie version always has the most dramatic sound effects

    • @Me2sarilesS
      @Me2sarilesS 4 роки тому +8

      Needs to keep the audience engaged

    • @GinEric84
      @GinEric84 4 роки тому +13

      What is this heresy?! You can't go overboard with dramatic music

    • @xz2022
      @xz2022 4 роки тому

      some great stuff

  • @marcs8395
    @marcs8395 4 роки тому +565

    Steve happens to be brilliant. He knows it’s a good business and wants them to succeed

    • @badbadnotgoodgoodgodnotbad2930
      @badbadnotgoodgoodgodnotbad2930 4 роки тому +31

      So glad he spoke out when they were going to decline that offer

    • @lizzy7369
      @lizzy7369 3 роки тому +11

      No he is a shark he noticed they have no business experience and don’t even know how to calculate profit.
      Dude honestly took advantage of them

    • @lizzy7369
      @lizzy7369 3 роки тому +2

      No he is a shark he noticed they have no business experience and don’t even know how to calculate profit.
      Dude honestly took advantage of them

    • @joshchandler5948
      @joshchandler5948 3 роки тому +9

      He is brilliant. Everyone sitting their is brilliant. Only one of them men here has even decent motives and its Steve. Watch the episodes where any ma and pa, or small town small scale person brings in an idea like this and doesnt know what they are doing on the business side. They these peoples business. They are making currently around $39 margin and thats just for local delivery. They invented and patented a product that another company is "selling" to them before they can sell. They should be looking for a loan to make their own facility to produce to design themselves or to license it out as they said.

    • @LargeBanana
      @LargeBanana 3 роки тому +6

      @@lizzy7369 Very poor take from someone that doesn't know how successful the product has been since the shark helped them.

  • @egolith
    @egolith 4 роки тому +371

    Naomi: I’m very confused...how did I get here? For that reason I’m out

    • @ammardelreal3802
      @ammardelreal3802 4 роки тому +4

      this is it

    • @ceejay1777
      @ceejay1777 4 роки тому +9

      Do you know that neither Naomi OR Steve ever followed through on a single investment this entire series?

    • @vimo666
      @vimo666 4 роки тому

      😆

    • @vondahe
      @vondahe 3 роки тому +1

      She’s just there to promote herself. She has no money.

    • @RPKD88
      @RPKD88 2 роки тому

      @@vondahe that's bullshit

  • @Waybackhollow
    @Waybackhollow 4 роки тому +624

    Janine is at her most passive aggressive on this episode.

    • @prateek1703
      @prateek1703 4 роки тому +37

      Because 4 million valuation is absurd

    • @reaperrose5261
      @reaperrose5261 4 роки тому +41

      @@prateek1703 that’s fair I’m this but man I dislike her more and more I watch she just seems awful.

    • @midas6753
      @midas6753 4 роки тому +13

      @@reaperrose5261 is it absurd though? The baby market is amazingly big, they have the only patent on it and profit margins are really high per unit as well

    • @nftbandit9645
      @nftbandit9645 4 роки тому +8

      Frankly most of them are being passive aggressive

    • @siemensohm
      @siemensohm 4 роки тому +14

      @@midas6753 it's a chair, nothing more. it won't be difficult to come up with a different design to bypass the patent. and the price is just ridiculous, just look at the material. they should sell this thing for the price they are paying the manufacturer.

  • @AveryFord7
    @AveryFord7 3 роки тому +248

    “Do babies like being showered like this? Or do they feel like they’re being strapped in and hosed down” 😂

    • @anasandoval6698
      @anasandoval6698 3 роки тому +17

      Yeah mate, these babies haven't gotten back to me with their Google or Yelp Reviews just yet, so I guess they love it! LOL

    • @lruddy8820
      @lruddy8820 3 роки тому +6

      My 7 month old loves being in baths and pools but hates going to splash pads or being in a shower, its pretty easy to tell what a baby likes and doesnt like

    • @blessedowo1958
      @blessedowo1958 3 роки тому

      Spoke like a true Sigma

    • @sagarjain4128
      @sagarjain4128 3 роки тому

      @Lea Firebender 😂😂😂

  • @kobe88us
    @kobe88us 4 роки тому +224

    Naomi: Your ask is all I have in my bank account and for that reason, I'M OUT

  • @SirChameleon
    @SirChameleon 3 роки тому +267

    Pretty sure I heard...
    1. He put just under $200k into this business.
    2. She is the sole owner of the business.
    3. He's the back bone and does all the work.

    • @masterlucky379
      @masterlucky379 3 роки тому +65

      Equality😏

    • @rtususian
      @rtususian 2 роки тому +33

      God forbid they get divorced, the business would crumble.

    • @koushikvadhula6349
      @koushikvadhula6349 2 роки тому

      That is the power of married woman. Good trend to see woman leading the way.

    • @n.staniss1637
      @n.staniss1637 2 роки тому +42

      @@koushikvadhula6349I would hate to be lead by you if that’s what you consider good leadership.

    • @rabihurmiz5306
      @rabihurmiz5306 2 роки тому +2

      @@rtususian they’ll never divorce, they’re arab

  • @mihiwijesundara7793
    @mihiwijesundara7793 3 роки тому +178

    Wow, John actually managed to get 50% of a company which initially offered 5% equity. Now that's some wild negotiation skills.

    • @beakt
      @beakt 3 роки тому +9

      I know. I feel terrible often when I watch this show, and I see the customers give up so much out of desperation.

    • @afriendofafriend5766
      @afriendofafriend5766 3 роки тому +12

      @@beakt 50% of something is better than 100% of nothing.

    • @beakt
      @beakt 3 роки тому +10

      @@afriendofafriend5766 I don't think you understand what's happening in this show. He owned 100% of his company, and gave away 50% of it for $100,000. He walked in there wanting to keep 95% of it and get $200,000. So your little aphorism has no relevance.

    • @RomainDelmaire
      @RomainDelmaire 3 роки тому +8

      @@beakt Don't feel terrible...they had no idea what they were doing.
      They needed a business partner to launch their business.

    • @beakt
      @beakt 3 роки тому +10

      @@RomainDelmaire Funny, I'm re-reading this thread, and explaining to my son what I meant when people give away their business "out of desperation", because they're afraid their business will disappear. That's when I realized "A friend of a friend", when he said "50% of something" was referring to the business owner retaining his 50%, and the "100% of nothing" meant they could have walked away and kept it but the business might disappear. Anyway, I just thought I'd acknowledge that I misread his comment.

  • @dash0173
    @dash0173 4 роки тому +153

    i LITERALLLLYYY fucking CHOKED when he said, after ALL that arguing, "50% is kind of a lot... would you accept 20%?" HAHAHAHA DUDE. if i were that shark, i would have cancelled my offer when he said that

    • @priddynate
      @priddynate 4 роки тому +9

      Lol...but u not

    • @damagecontrol4715
      @damagecontrol4715 3 роки тому +6

      @@denully he did ask for 20% rewatch where he first asked for 50

    • @boojay7076
      @boojay7076 3 роки тому +5

      That’s why you will never be successful , let alone be a shark ahahhahah

    • @manny45745
      @manny45745 3 роки тому +3

      and that's why your not a shark

    • @WardenOfTerra
      @WardenOfTerra 3 роки тому

      'Adza'? Stick to being an internet clown.

  • @Jonnypina84
    @Jonnypina84 4 роки тому +149

    He owes Steve a beer

  • @DinoTheDinosaurROAR
    @DinoTheDinosaurROAR 4 роки тому +59

    He looked her deep in her eyes and and got all serious and said "I can't wato to be working with YOU!“

    • @nomnom112
      @nomnom112 3 роки тому +3

      Looking forward to working with you

    • @NardoWeird
      @NardoWeird 3 роки тому +9

      🤣🤣🤣🤣🤣 I noticed that too he finna run them cheeks 💀💀💀

    • @thelordfosk
      @thelordfosk 3 роки тому +3

      Bro he's about to lay some mad pipe. Lol. Hani better watch out. She is smoking hot. Hell I want her.

    • @jay-dubb.dubb.68
      @jay-dubb.dubb.68 9 місяців тому +1

      He was creepin' a bit... 😳

  • @danielbuchanan756
    @danielbuchanan756 4 роки тому +109

    And to think Ive been kneeling on a soft pad and bathing my children like a peasant 🤣

    • @angelfromhellshawna
      @angelfromhellshawna 4 роки тому +23

      I bathed all 3 of mine in the kitchen sink...until they were too big to fit in it...

    • @Eidolon1andOnly
      @Eidolon1andOnly 4 роки тому +6

      @@angelfromhellshawna Same, except I also got a plastic bathtub for babies that sits on the counter.

    • @nftbandit9645
      @nftbandit9645 4 роки тому +5

      I could actually even see this having some sort of bar that you can attach toys to so that they are occupied while bathing

    • @OutbackWalsh96
      @OutbackWalsh96 4 роки тому +8

      Hey, I even had a baby bath. Who showers a baby? These baby bathtubs are EVERYWHERE. How big was her baby for God's sake?

    • @tsukitora01
      @tsukitora01 4 роки тому +1

      @@OutbackWalsh96 my son hated baths but loved showers sometimes its the kiddo

  • @pwnkmrdst
    @pwnkmrdst 4 роки тому +291

    Johns negotiation skills 👏

    • @balla2828
      @balla2828 4 роки тому +7

      Extortion and negging skills.

    • @zaydevans2077
      @zaydevans2077 4 роки тому +31

      @@balla2828 at the end of the day, 50% of a big business is better than 100% of nothing and at the moment they’ve spent a lot and got close to nothing. They know they need a mentor

    • @balla2828
      @balla2828 4 роки тому +9

      @@zaydevans2077 They are only 1 month into sales. I wouldn’t say they have “nothing”.

    • @caseynathanson7911
      @caseynathanson7911 4 роки тому +1

      @@balla2828 They are still nothing. If it was everything it was made out to be, there would be people wanting and begging to buy it. They could have turned it down and taken their company to 1000 units. OR they could be smart (like they were) and go for 100,000 units. They needed a smart person to guide them

    • @balla2828
      @balla2828 4 роки тому +4

      @@caseynathanson7911 Needing investment and a “smart person to guide them” doesn’t mean having to sell out a large chunk of your creation. It was taken through crooked tactics.

  • @taumohlodi5875
    @taumohlodi5875 3 роки тому +17

    I need Steve as my Mentor....love his way of thinking

  • @Gollywog
    @Gollywog 3 роки тому +112

    We bought one of these. Great concept and use it all the time although a few problems. My baby has circle marks on her back from the holes. The chair doesn't adjust all the way up. Drill a few holes in a ikea/kmart high chair would work just as good

    • @MrOhtrueeee
      @MrOhtrueeee 3 роки тому +9

      aww a few circle marks thats a shame!

    • @melissamcclain34
      @melissamcclain34 3 роки тому +29

      I would probably place a towel under my little one to prevent the holes and also to keep them from being on what looks to be a slippery surface

    • @KingKsEDC
      @KingKsEDC 3 роки тому +8

      They actually are selling a pad now. It should be included but its nice they created a pad.

    • @Sam-kj9ui
      @Sam-kj9ui 3 роки тому +14

      @@MrOhtrueeee you clearly have no clue what being a parent is.

    • @youtookmy_userid7814
      @youtookmy_userid7814 2 роки тому

      @@melissamcclain34 first two replies are so stupid, wheres the water going to seep through?
      Do you want a bath chair that’s going to snap on the pressure and kill your baby? Fools😂

  • @derealfrancismore3318
    @derealfrancismore3318 4 роки тому +18

    I still think that deal was just too good for the shark, Legend has it that he went partying after this and still isn’t home.

  • @frogturtle
    @frogturtle 3 роки тому +34

    despite the tough conversation it looks like it worked out well for all involved. the business grew substantially and they now offer more versions of the chair and attachable pads. well done.

  • @MGnFF224
    @MGnFF224 4 роки тому +85

    Did anyone else..mainly mothers say to themselves "I could do the same shit with my kids High chair if I took the cover off?" 🤷‍♀️

    • @jebbush6657
      @jebbush6657 4 роки тому +20

      yeah you could but that's how dozens of babies get dropped on their heads every year lol. not saying its GONNA happen but there's a reason they asked so much about safety, that's the key difference between just doing what you said, and this product. that's kinda how product specification works, or else everyone would drive go karts because fuck it technically it drives on a road and can go fast so might as well never invent cars

    • @MGnFF224
      @MGnFF224 4 роки тому +2

      @@jebbush6657 no ... very true. Its not the safest option at all. But I mean for like 10 they can buy the little bath tubs too

    • @b-dogs1038
      @b-dogs1038 3 роки тому +1

      Yes. not totally convinced on this concept. & nothing else similar on the Market?
      •well,maybe that’s for a reason

    • @khalilkhalaf712
      @khalilkhalaf712 3 роки тому +1

      @@jebbush6657 it has seat backles so yes it is safe

    • @WardenOfTerra
      @WardenOfTerra 3 роки тому

      Stop having children. You're a clown.

  • @Locutus
    @Locutus 4 роки тому +80

    I would have put forward a counter of when John gets his money back, they can buy 5% of the equity back at the price he paid. That allows both sides to win.

    • @Ace-SK
      @Ace-SK 4 роки тому +2

      Poor preparation.

    • @funstuff2006
      @funstuff2006 4 роки тому +4

      I see that strategy on the UK Dragon's den regularly. Don't know why neither the people making pitches, nor the sharks, think of it on Shark Tank. It seemd to me to be a far more respectful approach than when the sharks, feeling it's risky, yet are still willing to offer all the money at 35-50%, only to have the person making the pitch go, 'yeahbut, could you do it for 15%?'

    • @moreevents4335
      @moreevents4335 4 роки тому +3

      Buying it back makes no sense. Buying it at the same price makes utter ill logic.

    • @Locutus
      @Locutus 4 роки тому +1

      @@moreevents4335 The dragons and sharks have made that exact offer before.

    • @funstuff2006
      @funstuff2006 4 роки тому

      @@moreevents4335 They make deals like that on Dragon's Den UK. So either all those millionaires are idiots, or therer is a way to do it that makes sense.

  • @Dreadnaught1985
    @Dreadnaught1985 3 роки тому +15

    Steve wingmaning here was fantastic. He saved that deal.

  • @boneapplegames516
    @boneapplegames516 3 роки тому +60

    they should have counter at 49% to retain control. he would have taken it

    • @kahea2018
      @kahea2018 3 роки тому +6

      That's what I was thinking.

    • @jockerjkr7963
      @jockerjkr7963 3 роки тому +1

      Best comment

    • @roonietube
      @roonietube 3 роки тому

      EXACTLY

    • @afriendofafriend5766
      @afriendofafriend5766 3 роки тому +4

      I doubt he would have.

    • @TheMilkYourDadWentToBuy
      @TheMilkYourDadWentToBuy 3 роки тому +5

      Even at 50% they’re still equal partners, majority stake is 51%. He still can’t make radical changes without approval from them unless they liquidate further equity in more funding rounds.

  • @PhotonBread
    @PhotonBread 4 роки тому +14

    Love the couple. They seem to work really well together. They agreed to not take the deal then Steve spoke up and all it took was a head nod to communicate. Congratulations to them

    • @Werderkhaner
      @Werderkhaner 4 роки тому +2

      I am not judging their private life, but their presentation and initial offer were terrible. Especially the husband, who kept interrupting the sharks and did not know what the profit was, was making the sharks go out, despite their very good and internationally patented product. They could have gotten a much better deal with a better valuation and presentation, so I do not think they did particularly well together in the pitch. They might improve in the future though, but it's really bad that they could have gotten a much better deal without having to give up half of the company.

    • @youtookmy_userid7814
      @youtookmy_userid7814 2 роки тому

      How 😂

    • @youtookmy_userid7814
      @youtookmy_userid7814 2 роки тому

      The husband payed the money, she is the sole owner, the husband is the back bone like whaaa
      On top of that she looks so smuck an controlling.

    • @matthewbell4273
      @matthewbell4273 Рік тому

      I got the impression they felt under pressure (commercial? cameras?) to say yes. I wonder whether they actually signed on the dotted line in the end.

  • @RD-vn5pl
    @RD-vn5pl 3 роки тому +39

    That thing doesn’t look safe. You have to take into consideration that inside a shower the tile or lining could be slick with the baby wash, conditioner from someone showering beforehand, or it isn’t level due to a tub/shower drain slope/bad renovation. Some babies may rock very hard in that chair and possibly throw it off balance. The parent could knock it over if they slip in the shower or bath, which is very common- imagine if the glass on the shower isn’t the right grade to avoid shattering. Baby products have to be approached from a “if you can think of an accident or possible safety risk it will happen” perspective.

    • @hayleymarie5976
      @hayleymarie5976 3 роки тому +1

      i read some reviews and it seems flimsy n not so sturdy

    • @WHODATNATION314
      @WHODATNATION314 2 роки тому +1

      I would assume on the legs they could definitely add a non slip rubber of some sort so the product does not move regardless of the flooring it put on. If not, it would be an easy addition and a shame if they overlooked that

  • @yegga66
    @yegga66 3 роки тому +34

    The couple behind this unique baby care product took part in Shark Tank Australia for more than just the financial investment and have subsequently built the company to a net worth of over $10 Million, with products stocked around the world.

  • @j-brock7298
    @j-brock7298 4 роки тому +14

    Steve's face and his tone had truth and sense oozing out

  • @robmarrin6720
    @robmarrin6720 4 роки тому +80

    So glad they took the offer, and by the way taking a 50% percent hit showed me they had no arrogance.

    • @sorenkazaren4659
      @sorenkazaren4659 4 роки тому +12

      I’d argue it was unwise.
      Sure they gain a benefit from this. But they gave up 50% stake in their business. They no longer get to make decisions without the shark agreeing.
      If they sell any more of their stock then the shark makes ALL the decisions for the company as the majority stakeholder

    • @caseyjamie818
      @caseyjamie818 4 роки тому +18

      @@sorenkazaren4659 well they don’t really know what they’re doing.... can’t even evaluate their business lmfao they just happen to have a good product

    • @sorenkazaren4659
      @sorenkazaren4659 4 роки тому +7

      @@caseyjamie818 True. But I’d still never give up half or more of my own company. I’d have held firm at 49% or made a deal that allowed for a minor equity buyback down the line.

    • @trujillo71921
      @trujillo71921 4 роки тому +6

      @@sorenkazaren4659 better to have a smaller share of growing successful business than to completely own a stagnant or failed business... imo of course.

    • @trujillo71921
      @trujillo71921 4 роки тому +5

      @@sorenkazaren4659 but I completely agree with you on the 49% and/or some type of buy back later down the road.

  • @hmmthinking4208
    @hmmthinking4208 4 роки тому +16

    13:07 LOVE the editing hahaha that sramatic build up is liquid gold

  • @emmanuel_dean
    @emmanuel_dean 3 роки тому +7

    This negotiation was so intense... and so beautiful! It was poetry in motion

    • @vectorjacos9186
      @vectorjacos9186 3 роки тому +1

      Yes I felt this amazing feeling as I watching it. Pure poetry, Pure vision, Pure bliss. And then i farted...FAAAAARRRRRTTTTTTT

  • @ri2253
    @ri2253 4 роки тому +195

    People make such a mess on valuation. You can't sell a house on what the price might be in 10 years time

    • @msdavino
      @msdavino 4 роки тому +17

      Wrong comparison. A house is not a business. As an another example, you can't sell your car for today's price as you would sell your real estate. Compare businesses with businesses.

    • @SwiftGQ
      @SwiftGQ 4 роки тому +21

      Business are often even typically valued at future growth. Just dependd on the stage of the business is at. This business is in production but has not proven itself. But it does not need much more for the next big leg up.

    • @ricalexrod
      @ricalexrod 4 роки тому +3

      Omg ...better u talk about what u know

    • @KirbyJ89
      @KirbyJ89 4 роки тому +4

      If you were buying on what a business is currently then the seller would not be making any kind of profit. They’d be giving away future profits for the price of the money they currently have.

    • @ri2253
      @ri2253 4 роки тому +3

      @@KirbyJ89 investors will only invest more if they can see future projections that make sense. If there is USP for the product or service, if proper IP secured. Also if there is a trend of turnover curving upwards. Or else they would always rely on CV to manage risks

  • @JSSTyger
    @JSSTyger 4 роки тому +33

    The guy says "we need a mentor" but they are only offering 5% and for a steep price.

  • @dandonohill
    @dandonohill 4 роки тому +82

    John is a very clever businessman...very tough.he had them on the ropes they have to pay back 100k with interest and he gets half.he must be Irish

    • @Mo_Ketchups
      @Mo_Ketchups 4 роки тому

      😂😂😂😂😂😂😂😂😂 I needed that laugh!! 👍

    • @ENZOxDV9
      @ENZOxDV9 3 роки тому +2

      *jewish

    • @harrypot3381
      @harrypot3381 3 роки тому +1

      Irish Jewish mafia

    • @97itachiuchiha
      @97itachiuchiha 3 роки тому

      You see how red his neck was below the makeup? Definitely got some Irish in him

    • @timtaylor1365
      @timtaylor1365 3 роки тому

      There was no alternative so John had all the chips...but kept his cool... dramatic suspense..

  • @ryant1506
    @ryant1506 4 роки тому +95

    That’s why you use a plastic baby tub, and a sponge soft 🧽

  • @fak3rgg21
    @fak3rgg21 4 роки тому +4

    One of the best video seen on the internet yet. And that’s how you make free money. John hats off

  • @tcs7717
    @tcs7717 4 роки тому +120

    I feel like we missed some content because Janine starts off pretty upset with her questioning. I wonder how she got to that.

    • @chile9292
      @chile9292 4 роки тому +16

      They’re all at least an hour long but condensed

    • @drunkenwhiskeyeu
      @drunkenwhiskeyeu 4 роки тому +27

      She always gets agitated when business owners seek more than 100k AUSD :-D They're cheap sharks. Piranhas, really.

    • @csanton3946
      @csanton3946 4 роки тому +11

      Uhm because the offer is too expensive for her dough to begin with

    • @josephvalentine7
      @josephvalentine7 3 роки тому +1

      It’s that time of the month !

    • @ItsAsparageese
      @ItsAsparageese 3 роки тому

      I mean, I don't blame her for getting sassy about a 4 million valuation for a company with zero justification for it. And showing up without knowing what your profit math looks like is REALLY bad. Yeah we definitely are missing pieces and I'm sure she got there more gradually but her critical tone is absolutely justified.

  • @here4music
    @here4music 3 роки тому +1

    Good that they understood the current valuation of their business without being cocky about it

  • @shilohivie1424
    @shilohivie1424 4 роки тому +17

    IVE BEEN LOOKING FOR A PRODUCT LIKE THIS. Keep going. This is genius.

  • @vyz3907
    @vyz3907 4 роки тому +17

    The guys face when he gets the offer 😂

  • @T4NK3R4L1F3
    @T4NK3R4L1F3 4 роки тому +40

    Why is the “sole director” not doing any negotiation? And why is the person who seems to be running the show not officially involved with the company whatsoever? Something not quite right here

    • @yebo-gogo
      @yebo-gogo 4 роки тому +4

      Wait until the business is worth a couple of millions. This video will be exhibit A in a divorce showdown

    • @MegustaGamingCorner
      @MegustaGamingCorner 4 роки тому +4

      ​@@yebo-gogo it's now worth over $10 million

    • @yebo-gogo
      @yebo-gogo 4 роки тому

      @@MegustaGamingCorner some divorce lawyers are going to make a killing

    • @rodsilver19
      @rodsilver19 3 роки тому

      She is pumping him!

    • @mrlivemore
      @mrlivemore 3 роки тому +1

      @@MegustaGamingCorner where did you get this info from

  • @papnlilly
    @papnlilly 4 роки тому +6

    Steve got that one over the line. John owes him a beer or two.

  • @csanton3946
    @csanton3946 4 роки тому +10

    Janine is so jealous cause John got a good deal. I think it also played well for John's position since everybody is out and have aired their frustrations on the valuation.

  • @xrpearth3987
    @xrpearth3987 3 роки тому +7

    I came to the absolute conclusion... I need friends & business partners like Steve in my life yesterday onwards.

  • @an_what
    @an_what 4 роки тому +63

    If they was actually smart they would’ve asked for 51% or for after the money was paid back to get the option to buy back some percentage at least one percent giving them 51% And be the majority shareholder of their own fucking product

    • @Vera-dc7my
      @Vera-dc7my 3 роки тому +3

      Yes. But they have a great idea but don’t know much about business... that’s why they needed them. Simple nice people with great idea but no idea about business. That does not make them stupid.

  • @ashleybarker937
    @ashleybarker937 Рік тому +1

    Just looked on Amazon. Despite them saying that it's suitable from newborn. This is what Amazon display: Product Safety
    This product is subject to specific safety warnings
    Warning:Not suitable for children under 36 months

  • @catladykelsea8832
    @catladykelsea8832 4 роки тому +31

    Imagine a 1+ year old in a tantrum. Arches back & forward hard & flips that so easily. Recall!

    • @Quode001
      @Quode001 3 роки тому +11

      I do think its weirdly tall and bare-bones looking but a recall wouldnt happen unless it was common for it to be easily tipped over or it was the fault of the product. Parents themselves need to exercise their own discretion when using anything really

  • @HeartBrains
    @HeartBrains 2 роки тому +1

    This show has been aired for years now, didn’t every entrepreneurs know exactly on how to calculate the business valuation already. And boy, this couple proved me wrong.

  • @fightwokeism
    @fightwokeism 3 роки тому +18

    In the famous words of mr.wonderful:”50% of millions is better than 100% of nothing”.

    • @ravenhalliwlel
      @ravenhalliwlel 3 роки тому

      i mean to an extent thats true. its nice to have a dream and put it i action but if you want to make it a reality a bit of sacrifice is needed. i know they didnt want to sell 50% but on bright side if tis shark makes the product boom and sell tey benfit as well a wole lot more than if they did it alone.

  • @afriendofafriend5766
    @afriendofafriend5766 3 роки тому +5

    6:40, Janine, there's a surgery for that.

  • @ravgill6156
    @ravgill6156 4 роки тому +11

    Honestly, these sharks are soooo much more civilized than the US ones. Mind you, they have good knowledge. But just not as compassionate nor kind (to the entrepreneur or each other)

  • @beadb82
    @beadb82 3 роки тому +1

    Quick hand shake to the hub, long eye stare and smooch to the wife😅

  • @jf1341
    @jf1341 3 роки тому +1

    They looked happy as the sharks went out. They were there just for the exposure.

  • @tman5926
    @tman5926 3 роки тому +7

    According to insider Growth the company's net worth is now over 10Mil

  • @Thepopcornator
    @Thepopcornator 4 роки тому +32

    "I think they're dumb." - wow, I didn't know Andrew had that kind of savage level haha.

    • @kcirbfilms
      @kcirbfilms 4 роки тому +4

      Pretty sure he said “done,” mate.

    • @trujillo71921
      @trujillo71921 4 роки тому

      He said done.....

  • @moxgraphics4346
    @moxgraphics4346 3 роки тому +14

    That's exactly the offer I would have put in. John is a capable guy.

  • @josephvalentine7
    @josephvalentine7 3 роки тому +1

    @14:00 how was the kiss ?

  • @baki00-
    @baki00- 3 роки тому +19

    I would have also taken this deal but with a contingency of diluting the equity from 50% to let’s say 25-30% after the company reaches a certain valuation point (which can be discussed) so that we both win at the end of the day.

  • @tareqsaeed9831
    @tareqsaeed9831 3 роки тому +2

    Charlie chair is worth $10m+ now crazy

    • @RamadaArtist
      @RamadaArtist 3 роки тому

      I mean like, they weren't wrong?

  • @davinci6101
    @davinci6101 3 роки тому +3

    This was framed as a business partnership less so than an investment which makes the deal more reasonable.

  • @jedmccullough7959
    @jedmccullough7959 4 роки тому +8

    Comparing a chair to a computer? Lmao

  • @HolicChan
    @HolicChan 3 роки тому +1

    Wait this is genius and I genuinely could’ve used one when I was watching my niece

  • @bash547
    @bash547 4 роки тому +124

    14:08 He got 👀 for da wife

  • @same.7939
    @same.7939 2 роки тому

    AUS shark tank is so much more chill and laidback than the US version, both the sharks and entrepreneurs. Love it.

  • @fleezybaby
    @fleezybaby 2 роки тому

    "i am the sole director, but he does all the work" means that the shark is going to be doing all the work.

  • @ProfRoofs
    @ProfRoofs 4 роки тому +65

    Definition of *negging* right here. Calling them “uncoachable” and telling them what they lack and then taking 50% ... well, hope it works out for them.

    • @balla2828
      @balla2828 4 роки тому +13

      Exactly that was absolute pressure and manipulation.

    • @100daysmic9
      @100daysmic9 4 роки тому +16

      Right now they have an idea - and a patent and that will lead to zero with their lack of business sense. It was the only fair deal.

    • @tobiasgoldman
      @tobiasgoldman 4 роки тому +2

      A business person is not to be there to be coached. Maybe an intern or employee, but not a business owner.

    • @balla2828
      @balla2828 4 роки тому +2

      @@tobiasgoldman I understand looking to coach them and them needing it as well. But only to a certain degree. They took it to a point of pressuring and belittling.

    • @ivanmcdonnell7632
      @ivanmcdonnell7632 4 роки тому

      Loop

  • @mikewhite2230
    @mikewhite2230 4 роки тому +43

    Why come in with a 4MILL valuation when you are willing to make a deal valuing your business at 200K
    If they came in with a 500K valuation lets say, they would've got a better deal and not lost 4 dragons

    • @JSSTyger
      @JSSTyger 4 роки тому +1

      They pitched what they needed. Thats how.

  • @keithwhittington1322
    @keithwhittington1322 Рік тому

    The music had me on edge. Oh, the drama! And, yeah, glad they took the deal.

  • @priddynate
    @priddynate 4 роки тому +8

    The entrepreneur looks at the wife in the end before taking the deal... like "dont get mad at me when we rich home, coz am about to take this deal"

  • @geniusuniverse2498
    @geniusuniverse2498 3 роки тому +5

    Given that the company is only one month old, they were not ready to be in Shark Tank which resulted in them accepting a deal that doesn’t favor them. I know they want to grow as a company. but they have to understand that even with the Sharks it doesn’t happen overnight.

    • @rtususian
      @rtususian 2 роки тому +1

      The key thing for this deal was that John really liked the product.

  • @aj00
    @aj00 4 роки тому +7

    Why not come in with a valuation at 1 billion if you can ‘see the potential’?

  • @lsmpw
    @lsmpw 2 роки тому

    I like John. I like his cadence also. He's always the only adult in the room. The others tend to be rude, and can't even come up with good suggestions or business proposals r counters.

  • @joecostello8452
    @joecostello8452 3 роки тому

    OMG this is the first time iv ever yelled at a cell phone " TAKE THE OFFER '' !!!

  • @ronmanson3000
    @ronmanson3000 4 роки тому +10

    "we worked too hard to give away 50%" OI U SOLD

    • @balla2828
      @balla2828 4 роки тому

      They mean in terms of the idea, development and getting it off the ground + the money they have put in.
      They stated they are a month into sales.

  • @tiamta
    @tiamta 3 роки тому +1

    9:00.... there are dads in the tank. you dont think the dads bathed the children?

  • @parkerying222
    @parkerying222 4 роки тому +1

    lmao steve is like GOOOOOD YESSSSS!!!!

  • @Gizmo2261
    @Gizmo2261 3 роки тому

    The Boost Juice gal has some wild attitude on her - wow! She is so condensending.

  • @Bowserguy62
    @Bowserguy62 3 роки тому

    Bro my mans had the sweat on the side of the head good work camera man lol😂😂

  • @ericonca
    @ericonca 4 роки тому +68

    Good decision. Now they'll own 50% of a successful business, instead of 100% of nothing.

    • @mirandalambert2351
      @mirandalambert2351 4 роки тому +1

      Hi Eric

    • @antvurena
      @antvurena 4 роки тому +3

      Not the best deal, becaus it is a patented product with international patent, so i would tell him 50% of business but on international sales 20% or 25%.

    • @ghostnz2188
      @ghostnz2188 4 роки тому

      Exactly

    • @timharwood1457
      @timharwood1457 4 роки тому

      @@antvurena you have no clue what your talking about the sharks would of laughed at that and walked

    • @arrowb3408
      @arrowb3408 4 роки тому

      So what!! They got to endure the business stress no matter they are Afterpay big giant or baby shower chair.
      Plus from newborn to toddler, I wouldn't think it applies to toddler. Plus this is nothing for bath shower. Me out.

  • @carolinegallegos_
    @carolinegallegos_ 3 роки тому +1

    Honestly it’s gross how much of people’s companies the sharks take. The Australian version of Shark Tank should actually be called Loan Shark Tank.

  • @bryanmarty7085
    @bryanmarty7085 3 роки тому +11

    I love how much more professional shark tank Australia is compared to US Shark tank

    • @Bú.ho5
      @Bú.ho5 3 роки тому +1

      ST US is 50% ego trips and 50% kids fighting

    • @chrismillan5650
      @chrismillan5650 3 роки тому

      I thought so at first but after binge watching they only seem nicer bc they give backhanded compliments. They have also gaslighted many entrepreneurs who are simply nervous and anxious and intending to be rude or invasive.

    • @chrismillan5650
      @chrismillan5650 3 роки тому

      They al

    • @chrismillan5650
      @chrismillan5650 3 роки тому

      They also don’t have nearly as much money as the US sharks so they rarely give investments even to worthy ideas.

    • @angelavolkov1126
      @angelavolkov1126 3 роки тому +1

      Really? I find them so passive aggressive and smarmy. Prefer US version.

  • @brussels13207
    @brussels13207 4 роки тому +2

    Very very few companies have an international patent. They cost about 1 million dollars and about a million a year to maintain. Why did not the sharks question that?

    • @drnureini7538
      @drnureini7538 4 роки тому

      Sharks at Shark Tank are so nice and to be honest it seems to me more like a media show than serious business talks. Imagine if these two went to Dragons den? they would destroy them, Debroah would ask to show her the bullshit patent their talking about (it's almost impossible to get international patent so either they are lying or some fake lawyer company lied to them and it seems more like the latter).
      Secondly, they are not even manufacturing the product, dragons den would laugh at that.
      third they couldn't tell how much profit they made so far, imagine you talk like that on Dragons den? Peter jones would have punched them on the face (with words of course).

  • @KingKsEDC
    @KingKsEDC 3 роки тому +1

    The new model added a seatbelt and slightly different design def looks safer and better but I wish they added a suction cup (you know how you can like suction a shampoo holder to the tile)?...I wish they added a suction on the back of the plastic where the babies head would go to add more security so it doesnt like tip over backwards. If that makes sense? At 2:28 you see what Steve is testing? So you add a suction (option) to stick to the tile to prevent exactly what Steve is testing. In their promo video the chair is pushed up against the wall (the back of it is) to obviously add security but again that suction would be great. If you guys see this and add it, Ill gladly accept a check 😎😎🤣. Haha Im actually going to email them telling them this. Idk if its a good idea or not but still.
    Edit-there are soooo many new born shower chairs from reputable brands for half the price. Did they say that they were the 1st to create something like this?

  • @Rose-kn5od
    @Rose-kn5od 3 роки тому +1

    I love Australia sharks .. they made me love Australia! They are soooooo sweeet!

  • @houseofvenusMD
    @houseofvenusMD 3 роки тому

    You know the company is doing well when they post the link to the business in the description lmao

  • @quernalt
    @quernalt 3 роки тому +2

    " I want big boobs one day, but that's never going to happen" Clearly, you've never been to Miami or California.

  • @Zack-xz1ph
    @Zack-xz1ph 3 роки тому +1

    "I want big boobs one day too, but that's never going to happen" LOL wasn't expecting that

  • @b_jean755
    @b_jean755 4 роки тому +6

    I would so buy that! I hated having to bend over the bath tub to give my babies a bath it literally kills my back!! But they were smart for taking that deal! Cause if not they would have just screwed themselves!

    • @cacadeperro
      @cacadeperro 4 роки тому +1

      My wife said the same thing, id buy this thing asap!

    • @Eidolon1andOnly
      @Eidolon1andOnly 4 роки тому +1

      Countertop bathtubs for babies. Much cheaper and would have saved your back. They've been available for decades.

    • @b_jean755
      @b_jean755 4 роки тому

      @@Eidolon1andOnly not when you dont have room for all that lol my kitchen is way way to small for me to put even a baby bath tub on the count top so I have to kill my back in big bath no matter what

    • @Eidolon1andOnly
      @Eidolon1andOnly 4 роки тому

      @@b_jean755 You don't have a dining room table? Or a dresser?

    • @b_jean755
      @b_jean755 4 роки тому +1

      @@Eidolon1andOnly No I don't have a table my house is to small lol and a dresser? Why would I give my baby a bath on a dresser and get all my clothes and everything all wet like that makes no sense like newborn is one thing but when babies get older they start to play and make a mess with the water

  • @Mrbugaga
    @Mrbugaga 4 роки тому +2

    He never miss that kiss 😘 😎😎😎😎

  • @sweett5896
    @sweett5896 3 роки тому

    I hope this still exists. Need this!

  • @drjithinlal
    @drjithinlal 4 роки тому +4

    On what earth they came up with 4million valuation

  • @anuprasmalhotra4804
    @anuprasmalhotra4804 4 роки тому +13

    *Our maximum was 25%*
    Accepts 50% for half the money. Talk about believing in your own product.

    • @melvin9211
      @melvin9211 4 роки тому +3

      John was right, they have no business acumen

    • @Nayana-4S7NDR
      @Nayana-4S7NDR 4 роки тому

      Well.. I don't think that they don't believe in their product. They just have no idea about how to run a business.

    • @Vera-dc7my
      @Vera-dc7my 3 роки тому

      They believe in their product but don’t know what they are doing. They needed a shark to teach them how to proceed

    • @Vera-dc7my
      @Vera-dc7my 3 роки тому

      @@Nayana-4S7NDR that’s right.

  • @Nostradamusknow
    @Nostradamusknow 3 роки тому +1

    I have invented a automatic line of dip tanks for babies, where all the babies in community can be given shower at one go. 45 seconds per baby, saves you time and money as shower water and shampoo is reused. Also giving enough oppurtunity for mothers to socialise, while babies are dipped, scrubbed, Shampooed, blow dried, and repacked and delivered.
    Happy mommies = happy babies😂

  • @Dieterbe
    @Dieterbe 3 роки тому +1

    "so what's the share structure?" "She's the director" "but he is the backbone that does the work!"... What does that even mean

    • @nomnom112
      @nomnom112 3 роки тому +1

      It means the chick owns the company, and the guy is an employee.

    • @ENZOxDV9
      @ENZOxDV9 3 роки тому

      It means the husband is the brains and basically runs the whole thing and the wife was the concept inventor

  • @Joe-th7kf
    @Joe-th7kf 3 роки тому

    music was insane this episode lol loved it

  • @KarrierBag
    @KarrierBag 4 роки тому +10

    Steve stepped in at the right time.

  • @ohlalasweetcheeks7956
    @ohlalasweetcheeks7956 4 роки тому +40

    One thing I've learnt from watching this show is you can't base evaluations of business based off potential, vision, it has to be based off what the numbers your business is generating, costs, sales, profits, it has to be based off hard evidence, data, numbers, facts, not potential, dreams, and goals you haven't achieved yet.

    • @RaxitVarmora
      @RaxitVarmora 4 роки тому

      How about thins one
      based on potential with low sales
      ua-cam.com/video/zvtjWG12x_g/v-deo.html

    • @ethansmith7
      @ethansmith7 4 роки тому +4

      It depends on the business. These sharks are also always trying to get the best deal for themselves, not one that’s fair for the business owners

    • @CaptureKing247
      @CaptureKing247 4 роки тому +4

      Not true. Sharks sometime just use valuation as a reason to not invest; when they really had no interest in the product. If a Shark is really interested, they'll find a way to make the numbers work to make an offer.

    • @Jo-lp1px
      @Jo-lp1px Рік тому

      @@CaptureKing247 I noticed this too

    • @paulgamble8531
      @paulgamble8531 Рік тому

      Well aren't you clever 🙄 👍

  • @bluntforce8749
    @bluntforce8749 4 роки тому

    Im so glad they took his offer

  • @gohan4837
    @gohan4837 4 роки тому +3

    Nice deal ✌
    Was like Steve cheered yes

  • @sdey1230
    @sdey1230 4 роки тому +1

    Steve bats for John, first of many in Shark Tank👏👏

  • @balla2828
    @balla2828 4 роки тому +8

    That was fucked up.
    Granted they brought an absurd evaluation, he sort of stole 50 percent of their business through absolute pressure.
    They try to treat these grown adults like children. Need an update on this business.

    • @MegustaGamingCorner
      @MegustaGamingCorner 4 роки тому +2

      It's now worth over $10 million and is stocked across a bunch of countries

    • @balla2828
      @balla2828 4 роки тому

      @@MegustaGamingCorner Nice. Happy for them.

    • @Vera-dc7my
      @Vera-dc7my 3 роки тому

      It’s not a steal. They don’t know what they are doing and he made them milliners. Fast

    • @Vera-dc7my
      @Vera-dc7my 3 роки тому

      @@MegustaGamingCorner good for them

    • @balla2828
      @balla2828 3 роки тому

      @@Vera-dc7my Absolute pressure was imposed and absolute power was utilized. They were treated like children based on their clearly weaker position. Regardless of allegedly becoming millionaires later, these things still happened.

  • @zainabimad3299
    @zainabimad3299 4 роки тому +19

    the wife probably blew up at him afterwards lol

  • @vzvish
    @vzvish 2 роки тому +1

    I just wonder what's so "UNHYGIENIC" about sitting on floor (using a small chair like stool) for baby while bathing her/him!?
    My dear wife and I do it regularly,
    I'm clumsy myself and still haven't had any mishaps in past ~3years!
    🇮🇳