That’s genius. Like they can just get rid of all the sharks, and mark doesn’t have to invest, he can just give his opinion. No one REALLY cares about the opinions of the other sharks. Let’s be honest, Mark’s decisions usually influence the other shark’s decisions lol
Except Mark's usual advice is "Can you lower your production costs by manufacturing in China?". But otherwise, it's generally true that he's way ahead of the rest of the group.
@@fructiferous Except she absolutely did. Her REASONS (plural) were perfectly adequate. She doesn't have an appreciation for stronger coffee flavours (which is the point of this business) and, as a result, doesn't think she can fully be behind this business, and she also saw a problem with the packaging being misleading which explained why retail numbers were weak (because people can't inspect the product physically when buying online), eluding to the fact there could be greater challenges with retail down the line. Perhaps you should pay greater attention.
@@jin6000 the 2nd one isn't a real reason. Perhaps you should pay "greater" attention. (Don't add unnecessary words to try to sound intelligent, it isn't working)
Daymond is awfully petty sometimes. Just because someone else didnt have the treacherous and hard startup like you doesnt mean they arent working hard or wont succeed
That is daymond own belief though. The whole point of shark tank in his eyes are for those lower/middle class people who really need financing help for their small business. I don’t necessarily agree w his approach or idea, but I get where he is coming from. Lately he’s been acting abrupt like in this episode :(
my problem with him is that he keeps complaining about high valuations when "someone probably mortgaged their house" and blah blah blah when he literally scammed Bubba Baker of his whole business and ironically he literally caused them to lose their house. hypocritical and crazy how he can get away with this because he's rich
I think his point was he "made it" without having to operate on a loss, as opposed to someone like Mr. Beast who started from nothing, and "made it" by investing all of his time and money into his company, often operating on a loss.
His point is that in order to get that 1,5 million he had to work hard for it by being profitable whereas she received that money from investors despite losing millions.
I sense a bit of bitterness here, because Daymond suspects no one would have given him the kind of chances that this entrepreneur has received, getting round after round of investment despite a lack of profits. He may be onto something. Because of her resume, even though it may have nothing to do with entrepreneurship, investors are going to be more willing to throw money at her. That’s just the way the world works for now.
@@Heart2HeartBooks pretty simple: she's sitting on a ton of unsold inventory, or marketing costs are astronomical. Curious what the customer acquisition costs are.
I like to listen to both Kevin and Mark. They usually share something valuable within their opinion about entrepreneurship and how investors think and see opportunities. Even though Kevin sometimes can be so tricky, but I know that he's just being a businessman.
According to Daymond, shark tank isn’t about building companies. It’s for people whose backs are against the wall, don’t have any alternative options and come there as a last resort. He might have his argument but completely disagree with him at the fact that burning through capital is a sign of a bad business and those who have already raised venture capital shouldn’t enter the tank. These guys offer marketing in the form of strategic capital which accelerates these businesses.
he is saying he wants to give money to only those who need it more than others but truth is everyone needs it and when you finally get it, you need more of it!
True..many major companies like Uber and Doordash are still unprofitable and yet investors pour money into them. It's about the loong game..and not for making quick bucks but Daymond doesn't understand that
It's funny too since people who do come on to the show whose backs ARE against the wall, he would opt out of doing business with them for purpose of it simply being a risky/bad deal.
That’s what happened to Tesla. Look at it now. For damian to say that, it shows his lack of understanding in certain industries. Being a millionaire doesn’t necessarily mean you know everything about every business. A wise man informs himself when in doubt and doesn’t comment until he or she fully understands the subject in front of them. And that’s why mark is a Billionaire. Simple as that.
From their website “While we were excited that Robert made us a deal on the show, we ended up not going through with the deal after airing. Still, the experience has been fantastic - so many fans and new customers. We're very thankful for the exposure and the community it has brought.”
@@kahsoon2460 I think half the deals don't go through, whether its the entrepreneur going back on it or the sharks did their due diligence and back out
@@morphkogan8627he’s saying it’s a little blasé to be so unfazed with losing that much money. Even though it’s a growing business, as Mark and Robert pointed out, which often requires you to operate at a loss before you turn profitable, it seems the sum of the losses were too much for him.
@@keirin9413 that is what he is trying to say. I def agree with mark and Robert, that's very unfair and more in line with socialism. If that's what he believes that's fine, he can believe that. But he benefited from capitalism like the other people on the carpet. And saying someone did wrong with their money is literally usable by any perspective. We could all say daymond could have bought a small ranch rather than his luxurious house and given more money to others. But he has the right in America to spend it how he wishes. Just wish he had that same respect for others
Update... The business had doubled in sales after airing on Shark Tank, Copper Cow Coffee's Net Worth is $25 Million US Dollars. The deal made with Robert didn't go through.
@@kamranmajeed5336 So that sounds like, to me, that the entrepreneur just wanted the exposure on the show. She maybe didn't really want a deal. At this point she's only owns 40% of her own company. Even losing 8% equity (Robert's share) would be a lot for her.
True but in certain business even more. Tech and certain sectors are crazy. Clothes is crazy with inventory but you rarely lose money in clothes and keep the lights on
What was Daymond on this episode. For anyone who has not heard yet, the deal he made with the rib deal years back is getting attention from the owners because he hasn't shown up like he said. The business is not doing as good as everyone thought it would go.
Which rib deal? The boneless ribs? Because that has been one of Shark Tanks successful products. They even went on to partner with a lot of fast food and restaurant chains.
You can see robert did not like the product but he still put money on it. Lesson: starting a business is not always something you are passionate about like everybody else is saying. It is the product that will make you money.
He cares more about helping the little guy than any other shark. For him the show is to help underdogs get a big break. Unlike for say Kevin who just want's to make $ and doesn't care about a rags-to-riches story.
@@AdamBechtol right Damon’s stance is you shouldn’t be on shark tank with a million in the bank because your taking the opportunity away from a business owner who just took out a second mortgage to keep their dream alive…how could you disagree with that???
I love Copper Cow! I’ve been buying it for three years now. I’m not much of a coffee drinker, so I love that it’s individual cups. Perfect for those rough mornings where I need a super boost of energy! I highly recommend it with just a dash of cinnamon! Their vanilla flavor is the best, though it does come and go from time to time. ❤
@@OhioVworld As mentioned, I’m not much of a coffee drinker. Individual cups are perfect for those rare moments when I do need a coffee. I keep the box set at my work desk for easy convenience. Not any different compared to going to Starbucks for a coffee. 🤷♀️
@@TweekeeChan NP, I suppose I am coming from the issue as a 1/2 cup/day drinker who enjoys premium/average Keurig coffee at ~50 cents (give or take) a serving. I do go to Starbucks on occasion, maybe 10/15 times a year, mostly on vacation, or when I am out and about. I do think, however, that if this product PRIMARILY appeals to a rare coffee consumer, the product’s market is quite limited, which is germane to the conversation.
Chris - “I have invested in Uber so I’m out” Kevin - “I want 50%” Lori - “QVC” Daymond - “I want to license this” Robert - “My dad did something similar” Mark - “Its a product not a company” Barbara - “IM OUT”
Deal ended up not closing, which is not surprising given the valuation was so much lower than what she had already raised. It didn't make sense. The business is still going strong, though, although there is a lot of debt and investment capital to make up. It is a good product.
Daymond should never be allowed to be a shark anymore. He's so stupid for saying that to entrepreneurs who've raised a lot of money. When the ask is more than 300k you can for sure say Daymond will be out
Damon seems to be not looking at the longer term projection once the company becomes profitable. And with no surprise, roberts deal didn’t go thru after 😅
If a company wants to stay in business it needs to be cash flow positive sooner than later. He obviously had a point otherwise she would have got a deal, which in the end she didn't because the only offer she got fell through.
That’s not even his point. He’s talking about losing 2 million+ after taking investor rounds and the response was a casual “Everyone is doing it.” I’m not saying his assessment is entirely correct here, but his point on losing money is a valid criticism that she needed to explain.
@@bobbyray5165 His argument is some dumb, weirdly socialist drivel like this money evaporated, not went to people's salaries. She lost 2 million, other people gained that 2 million. You can criticize the business strategy, but comparing it to someone losing their house because of rising taxes, manufactured inflation and cost of goods is ridiculous.
@Travy2016 Not every one is taking that much of a loss, either. The way they’ve decided to scale is the possibly problematic part- taking millions in multi-year losses. The interesting part is in 2021, they business raised an additional 8 and 11 million in investor rounds and, as of 2022, did around 3 million in sales.
Your ignorant about business. Most Successful business in Shark Tank history is invested by Daymond John . Daymond & Mr wonderful are very business savvy. Robert & Mark are driven by their ego and have the highest unsuccessful investments in the tank
Sadly, the deal never went through with David because there were conflicts with negotiations on how profits were supposed to be distributed among investers. Since appearing on Shark Tank, they have expanded to more retail stores and on track to make over 10 million dollars annually.
mark is so smart , I can see on his face that he is onto invest in this company but not on the same valuation and on shark tank, he will do it later on
If you have 1.4 million in the bank you don’t need to raise more money, you need to get to work, it straightforward, simple and correct. This comment section is beyond baffling.
Well well, another deal with Robert fell through. According to Mashed: While the deal with Herjavec ultimately fell through, Copper Cow Coffee seems to be doing a-OK on its own. Its annual revenue, as of June 2022, rang in at $3 million.
Daymond is being daymond. He was lucky to have LL cool J being a close friend to wear and market FUBU. That's the only reason why it grew and became successful.
Wow, this was a good one and surprising to hear Mark complimenting a business that's losing money in the interim, but likely seeing profitability in the near future.
This coffee packaging is very common in Ukraine and costs a fraction of what she charges for it. Any specialty coffee, freshly roasted. Done by micro roasters at a minimum cost. I've no idea why she needs that much money and why these people are fascinated with a glorified teabag in 2023
Honestly. If she didn't like the packaging as much, she could've made a deal contingent on altering it. 99% sure she's done it before for products she believed in
She focuses so hard on coming up with these elaborate excuses. Daymond is the worst though his excuses are usually something basic like “i don’t know about this product so I’m out”
Don't be surprised, Robert's deals never go through. Copper Cow "ended up not going through with the deal after airing" according to their own website.
If this new capital is going toward digital spend and inventory, she's likely not creating 1 more USA job by raising more $. That $ goes directly to the suppliers overseas and to facebook or amazon which needs no additional employees to handle that ad spend and product pull at the warehouse. We all take the line "creating new jobs" as this soapbox claim, but just dig a layer or two deep when you hear it next time 👍🏼I've seen it first hand in the CPG space.
Diamond has such a scarcity mindset. He basically says to her, the world would be better-off without her product, bc a 4-year start-up is not profitable. What a clown!
Daymon never has a good argument for why or why not he’s investing and hardly ever invests even if he likes a product. it’s like he’s just there for airtime and not to actually grow as a businessman. He never seems to invest unless he knows other sharks are into something and if they’re not he backs out. She has 1.4 million in the bank and they were all excited about her product… and he’s just calling her greedy basically and that’s why he’s not investing? She’s trying to grow her business. I’m not the biggest fan of Mark but at least he thinks for himself and isn’t afraid to go against what the other sharks say.
Update Copper Cow Coffee's 2023 net worth of $28 million serves as a resounding testament to its triumph and the widespread allure of Vietnamese coffee. Debbie Wei Mullin's steadfast dedication to quality and her pivotal Shark Tank
I understand both sides with Mark Defending her and the other sharks Concerned and asking questions But let's all be honest here Since I know most of us have watched A lot of shark Tank. I'm pretty sure any of us In That Situation wouldn't really want to invest in a company with, If you think about it has pricing issues, margin issues And financial issues at the moment🤔🤔
Manufacturing, distribution, marketing… just naming a few major expenses. It takes money to build that platform. Then it takes more money to scale the platform. Once the platform is scaled and has the sales to be self sufficient, THEN you break even. THEN you pay back debts. THEN you continue to scale and grow by using positive cash flow from the business. She’s at the first THEN. Damon was coming down on her like she was already profitable. Yes, she has money in the bank, but she’s smart and forward thinking about where she needs to be on 6mo, 1 yr, 2 yr. With that mindset, money in the bank is already spent. “Don’t count your chickens before they hatch” She knows she has eggs, but also knows she needs to buy more chickens. Aside from all of that drama, I wouldn’t invest because of the product. In America, people want things quick and easy. With this, you gotta boil water, set up the bag, add the milk, then clean all of it up. Most people prefer the pods that you toss in a coffee maker or they go somewhere like Starbucks. I just don’t see this being able to compete with Keurig. They make pods for themselves, Folgers, Starbucks, McCafe, and other major brands.
As much as I want to disagree with Mr wonderful but he is right. I spent 400k of my own money on my company and I didn't make a dime back. Losing money to launch a brand ultimately can be the demise of the entire brand. I was duped by the sellers and I paid twice as much for a product that lost its demand. Sometimes items like these are trends and it depends on the demands. If you aren't making money after a year it is going to go bust. Good thing she got Robert coz it's rare. U need cash flow to keep going otherwise you are doomed.
Sounds like what makes her expenses so high is that there is a lot of middle man and a lot of importing that needs to be done... at the same time, having less than 50% ownership in your company is kinda wild imo
I'm now becoming a shark tank crackhead, If I don't find an unwatched episode I cannot eat my food
LOL same
Literally !!! Ahaha
i actively go out of my way to find a shark tank episode before eating 😂
@osmand - therefore ... when all the episodes are watched ... you are well on the way to lose weight !!
You're not alone😓
You want to get on Marks good side instantly? Tell him you did any form of selling door to door.
Hahahahahaha
Nah you say you from Texas lol
haven’t even gotten to that part of the video yet and i can already hear him saying “good for you” and golf clapping 😭
@@ryanmorgan9589 No. Say you're from Indiana or that you went to IU.
@@nickbennett2338 that’s exactly what he does!! With the golf clap 😂😂
Robert is so shocked anytime someone actually takes his offer 😂
:p
That's because ir rarely happens
Lol!!😂
it won't close 1 out of 4 actually close this is one of those 3
He takes it very personal whenever people don't take his deal🤣🤣 it be all over his face 😭🤣
I’m glad to find out I’m not the only one who can’t enjoy their lunch break without shark tank 😂
Me too haha
@@juangutierrez5754 me 3
Breakfast,lunch, dinner
Me rn 😂
Same.. Im disappointed if i dont see a new one
'I was on the subway with a duffel bag full of samples, selling door to door...'
Mark smiles ear to ear. He loves grinders.
I would watch an entire show with just Mark Cuban giving advise to entrepreneurs.
That’s genius. Like they can just get rid of all the sharks, and mark doesn’t have to invest, he can just give his opinion. No one REALLY cares about the opinions of the other sharks. Let’s be honest, Mark’s decisions usually influence the other shark’s decisions lol
i would watch an entire show with the sharks just arguing over marxism
Imagine a kitchen nightmare but with Mark
"Business Nightmares"
Except Mark's usual advice is "Can you lower your production costs by manufacturing in China?". But otherwise, it's generally true that he's way ahead of the rest of the group.
Love how Lorrie always gives her constructive advice which often comes from a good perspective.
Lori “everything about this business is incredible. I’m out.” Grenier
@@ChromeXuGamesYou’re thinking of Barbara. Lori is much more level headed than that.
@@jin6000she really didn't give any good reason to be out for this one
@@fructiferous Except she absolutely did.
Her REASONS (plural) were perfectly adequate. She doesn't have an appreciation for stronger coffee flavours (which is the point of this business) and, as a result, doesn't think she can fully be behind this business, and she also saw a problem with the packaging being misleading which explained why retail numbers were weak (because people can't inspect the product physically when buying online), eluding to the fact there could be greater challenges with retail down the line.
Perhaps you should pay greater attention.
@@jin6000 the 2nd one isn't a real reason.
Perhaps you should pay "greater" attention.
(Don't add unnecessary words to try to sound intelligent, it isn't working)
Daymond is awfully petty sometimes. Just because someone else didnt have the treacherous and hard startup like you doesnt mean they arent working hard or wont succeed
That is daymond own belief though. The whole point of shark tank in his eyes are for those lower/middle class people who really need financing help for their small business. I don’t necessarily agree w his approach or idea, but I get where he is coming from. Lately he’s been acting abrupt like in this episode :(
my problem with him is that he keeps complaining about high valuations when "someone probably mortgaged their house" and blah blah blah when he literally scammed Bubba Baker of his whole business and ironically he literally caused them to lose their house. hypocritical and crazy how he can get away with this because he's rich
@@taharakatsu5975wait what's that story?
@@taharakatsu5975 exactly!
But hes the only one getting sued by his entrepreneur for cheating them. Always the loudest guy.
Daymond seems charged up after having the coffee 😅
It was the coffee Hahaha
🤣🤣🤣
He got angry with the woman for no reason, knew it but didn't care.
He is always like that. Childish as hell. He shouldnt be on this show
I think the coffee create a VietNam war flash back for him
Damon "I didn't have $1.5million when I started."
Neither did she?
😂
I think his point was he "made it" without having to operate on a loss, as opposed to someone like Mr. Beast who started from nothing, and "made it" by investing all of his time and money into his company, often operating on a loss.
His point is that in order to get that 1,5 million he had to work hard for it by being profitable whereas she received that money from investors despite losing millions.
Right
I sense a bit of bitterness here, because Daymond suspects no one would have given him the kind of chances that this entrepreneur has received, getting round after round of investment despite a lack of profits. He may be onto something. Because of her resume, even though it may have nothing to do with entrepreneurship, investors are going to be more willing to throw money at her. That’s just the way the world works for now.
How fast she responds to numbers is insane, she was asked questions within split seconds.
because its edited, noncut version takes about 40 minutes to an hour
I would remeber to if I was losing 1.3M
She is making a 70% profit but losing money? Yeah........a real genius!
FYI...............163 I.Q.
@@Heart2HeartBooks pretty simple: she's sitting on a ton of unsold inventory, or marketing costs are astronomical. Curious what the customer acquisition costs are.
She said MIT and Berkeley 😊
I love when mark is kind & says good advice to these entrepreneurs no matter what.
This show is nothing without Cuban
You're gorgeous
I like to listen to both Kevin and Mark. They usually share something valuable within their opinion about entrepreneurship and how investors think and see opportunities. Even though Kevin sometimes can be so tricky, but I know that he's just being a businessman.
Except when he feels it’s a scam
@@chillbest14creep
Shark Tank clips are so perfect for lunch. Watch a couple 10 minute videos for the first half, chill for a bit, then get back at it 🤙🏾
😂 💯
Lol agreed
Exactly
That’s what I do too
Exactly here lol
According to Daymond, shark tank isn’t about building companies. It’s for people whose backs are against the wall, don’t have any alternative options and come there as a last resort. He might have his argument but completely disagree with him at the fact that burning through capital is a sign of a bad business and those who have already raised venture capital shouldn’t enter the tank. These guys offer marketing in the form of strategic capital which accelerates these businesses.
I know and he keeps saying it’s his “belief” this guy shouldn’t be a shark
he is saying he wants to give money to only those who need it more than others but truth is everyone needs it and when you finally get it, you need more of it!
True..many major companies like Uber and Doordash are still unprofitable and yet investors pour money into them. It's about the loong game..and not for making quick bucks but Daymond doesn't understand that
A lot of companies burn through cash the first couple years before coming profitable.
It's funny too since people who do come on to the show whose backs ARE against the wall, he would opt out of doing business with them for purpose of it simply being a risky/bad deal.
Daymond lecturing people on morals while he's scamming Bubba's bbq and promoting pyramid schemes for a quick cheque
Maybe his back is against the wall 😢
@hass89 he's scared to lose his wife😂
What are you talking about?
Typical of people of his class
and funding an absolutely terrible "The Crow" movie remake
Mark is correct that some businesses can grow out of losses. Time will tell if it's a good business.
That’s what happened to Tesla. Look at it now. For damian to say that, it shows his lack of understanding in certain industries. Being a millionaire doesn’t necessarily mean you know everything about every business. A wise man informs himself when in doubt and doesn’t comment until he or she fully understands the subject in front of them. And that’s why mark is a Billionaire. Simple as that.
Google search says the company is worth $28 million as of 2023
Amazon for example.
Lots of respect for Mark here. While the others are trashing what she's done so far, he came to her defense.
And Robert too....
which is surprising because mark is usually the suspicious one and grills them
From their website “While we were excited that Robert made us a deal on the show, we ended up not going through with the deal after airing. Still, the experience has been fantastic - so many fans and new customers. We're very thankful for the exposure and the community it has brought.”
I too just realized many deals that go through on air is not really true
She probably never wanted the deal but it looks better if you take a deal and she probably just went on there for an ad. It's super common.
The rest of the owners of her company prolly just want that exposure
Robert almost never closes his deals
@@kahsoon2460 I think half the deals don't go through, whether its the entrepreneur going back on it or the sharks did their due diligence and back out
Whenever I wonder how old this episode is, I just look at Mark's hair
Same 😂
I look at the chairs.
Daymond, you bought a $300,000 car. Why didn’t you donate that? Such a hypocrite. If you don’t want to get involved with the big deals just shut up.
You didn't understand his argument.
That's not his argument, completely missed the point.
Sounds like you didn't watch the video.
@@knkinambuga can you explain, i dont fully understand his point witj the other sharks talking over him
@@morphkogan8627he’s saying it’s a little blasé to be so unfazed with losing that much money. Even though it’s a growing business, as Mark and Robert pointed out, which often requires you to operate at a loss before you turn profitable, it seems the sum of the losses were too much for him.
Pretty sure even Daymond didn't understand what his own comment meant
She’s taking jobs away from people by getting a big investment? What is that even supposed to mean? 😂
@@cocont3 I think what he is trying to say is that with the money she has burned other people could benefit from it
HAHAHAHAH IKR
@@keirin9413 that is what he is trying to say. I def agree with mark and Robert, that's very unfair and more in line with socialism. If that's what he believes that's fine, he can believe that. But he benefited from capitalism like the other people on the carpet. And saying someone did wrong with their money is literally usable by any perspective. We could all say daymond could have bought a small ranch rather than his luxurious house and given more money to others. But he has the right in America to spend it how he wishes. Just wish he had that same respect for others
Daymond cant even interpret a spreadsheet
I liked Robert, he really makes good sounding deals and tries to be reasonable
100% agree
He sounds like the guy who likes a good laugh and gets back to work.
Yes and most of his deals don't go through
Update...
The business had doubled in sales after airing on Shark Tank, Copper Cow Coffee's Net Worth is $25 Million US Dollars.
The deal made with Robert didn't go through.
I knew Robert would drop out as usual 😂
He didn't drop out it was the company that backed out 😕@@t-.-t.
@@kamranmajeed5336 So that sounds like, to me, that the entrepreneur just wanted the exposure on the show. She maybe didn't really want a deal. At this point she's only owns 40% of her own company. Even losing 8% equity (Robert's share) would be a lot for her.
I love listening to the Sharks and learning their knowledge and point of views. I agree with Robert, you do have to spend money to make money.
(Ha) Lord know I've spent a lot of it ... still waiting for the 'making money' part though. 😁
True but in certain business even more. Tech and certain sectors are crazy. Clothes is crazy with inventory but you rarely lose money in clothes and keep the lights on
What was Daymond on this episode. For anyone who has not heard yet, the deal he made with the rib deal years back is getting attention from the owners because he hasn't shown up like he said. The business is not doing as good as everyone thought it would go.
Which rib deal? The boneless ribs? Because that has been one of Shark Tanks successful products. They even went on to partner with a lot of fast food and restaurant chains.
Why is that suddenly the end all be all to this episode? Hah
@@adingdingdiiing6740 you didnt read recent news eh? The company isnt doing that great
@@adingdingdiiing6740 yeah they lost the restaurant deal years back
This episode is a couple years old now. The show for the most part is less about deals and more about publicity for the businesses who appear.
Damn love Mark. He’s so smart and genuine at the same time
You can see robert did not like the product but he still put money on it. Lesson: starting a business is not always something you are passionate about like everybody else is saying. It is the product that will make you money.
Robert is truly a kind a compassionate person. Yes, he's going to make money, but he also CARES about his partner(s).
Damon is always trying to compare every start up to his, he needs to stop living in the past.
So every shark lol
I sweat I was about to comment the same thing
Nah if that was Mark, you will just shut your mouth.
he's still stuck in the 90s fubu
well said, Damons a clown
Damon is so annoying…. He always acts like it’s the charity tank and complains when people want to grow their larger businesses.
Daymond
@@Miguel-Arias DEMON
Nah you just don’t get it
He cares more about helping the little guy than any other shark. For him the show is to help underdogs get a big break. Unlike for say Kevin who just want's to make $ and doesn't care about a rags-to-riches story.
@@AdamBechtol right Damon’s stance is you shouldn’t be on shark tank with a million in the bank because your taking the opportunity away from a business owner who just took out a second mortgage to keep their dream alive…how could you disagree with that???
I love Copper Cow! I’ve been buying it for three years now. I’m not much of a coffee drinker, so I love that it’s individual cups. Perfect for those rough mornings where I need a super boost of energy! I highly recommend it with just a dash of cinnamon! Their vanilla flavor is the best, though it does come and go from time to time. ❤
3 bucks for pour over coffee?
Congrats, you must be a very wealthy person.
@@OhioVworld As mentioned, I’m not much of a coffee drinker. Individual cups are perfect for those rare moments when I do need a coffee. I keep the box set at my work desk for easy convenience. Not any different compared to going to Starbucks for a coffee. 🤷♀️
@@TweekeeChan NP, I suppose I am coming from the issue as a 1/2 cup/day drinker who enjoys premium/average Keurig coffee at ~50 cents (give or take) a serving. I do go to Starbucks on occasion, maybe 10/15 times a year, mostly on vacation, or when I am out and about.
I do think, however, that if this product PRIMARILY appeals to a rare coffee consumer, the product’s market is quite limited, which is germane to the conversation.
@@OhioVworldcongrats on being poor
@@lzasnw Net worth:770K in late 30s.
Pay your CC bill peasant.
Chris - “I have invested in Uber so I’m out”
Kevin - “I want 50%”
Lori - “QVC”
Daymond - “I want to license this”
Robert - “My dad did something similar”
Mark - “Its a product not a company”
Barbara - “IM OUT”
Also Kevin: 'This deal has royalty written all over it!'
@@kioumaarstaeed “I’ll put it in my debt venture fund”
Daymond just doesn't have a clue on how Amazon, Spotfy and other companies became that big ...
Okay calm down. Its just coffee drink not a tech and besides the guy has the most successful business in shark tank history. I agree with his point
@@fixingkit He brings decent tech in that feature.
He made fubu ctf down
@@Turnpost2552Where is bufu now stuck in the 2000s .
Deal ended up not closing, which is not surprising given the valuation was so much lower than what she had already raised. It didn't make sense. The business is still going strong, though, although there is a lot of debt and investment capital to make up. It is a good product.
Today I got my lunch time correct. Thanks Sony! 😂
Posted an hour ago, THEY KNOW 😂😂
We’re on the same boat haha
i'm glad robert and mark pointed out daymond was unfair towards her and stood up for her
7:25 Damon you aren't running for president, no need to pander LOL!
Daymond should never be allowed to be a shark anymore. He's so stupid for saying that to entrepreneurs who've raised a lot of money. When the ask is more than 300k you can for sure say Daymond will be out
You bet, man.
And at least 30%+ equity
daymond trying to take the take the moral high ground whilst scamming a family for every cent they owned is INSANE
What’s this about
@@mallikasoni61012 he scammed a boneless rib company for everything they owned for his ego
Damon seems to be not looking at the longer term projection once the company becomes profitable. And with no surprise, roberts deal didn’t go thru after 😅
I’m sure there’s a reason why the deal didn’t go through. Sometimes entrepreneurs hide information during the presentation that they later discover
@@productivitywithdani Roberts deals almost never go through he’s fake as hell
since 90% of shark tank deals do not go thru why is this show still on the air?
@@georgekuiper3223 you still get marketing from the show
@@georgekuiper3223 He's not a charity?
Barbara phoned in and said, "I only drink brass cow, so for that reason I'm out!"
😂😂😂
lmaooo roberts face trying the coffee. 2:45 😂😂😂
Damon is always the dumbest shark. Not every company is spending $1 to make $2. Esp the food, drinks, ect
If a company wants to stay in business it needs to be cash flow positive sooner than later. He obviously had a point otherwise she would have got a deal, which in the end she didn't because the only offer she got fell through.
That’s not even his point. He’s talking about losing 2 million+ after taking investor rounds and the response was a casual “Everyone is doing it.”
I’m not saying his assessment is entirely correct here, but his point on losing money is a valid criticism that she needed to explain.
@@bobbyray5165 His argument is some dumb, weirdly socialist drivel like this money evaporated, not went to people's salaries. She lost 2 million, other people gained that 2 million. You can criticize the business strategy, but comparing it to someone losing their house because of rising taxes, manufactured inflation and cost of goods is ridiculous.
@Travy2016 Not every one is taking that much of a loss, either. The way they’ve decided to scale is the possibly problematic part- taking millions in multi-year losses.
The interesting part is in 2021, they business raised an additional 8 and 11 million in investor rounds and, as of 2022, did around 3 million in sales.
He asked a pretty fair question. She’s sold off the majority of the business and said she plans to lose money this year.
Damon take the cheapest deal 😢😅 he has never done a deal up to $500,000
I think mr wonderful is the GOAT in all of these sharks
Your ignorant about business. Most Successful business in Shark Tank history is invested by Daymond John . Daymond & Mr wonderful are very business savvy. Robert & Mark are driven by their ego and have the highest unsuccessful investments in the tank
He invested $2,000,000 in ten thirty one entertainment company.
@@fixingkit not true? Its still lory
Lori's got a 98% success rate ..and her companies have made the most in total revenue
Her crowing jewel is Scrub Daddy
Shark tank is my favorite show now, I can’t have a day without one episode lmao
The packaging is really neat. Like a teabag for coffee sorta thing.
robert: wow this is sweet
also robert: keeps drinking it
ALSO ROBERT: MAKES AN OFFER
Sadly, the deal never went through with David because there were conflicts with negotiations on how profits were supposed to be distributed among investers. Since appearing on Shark Tank, they have expanded to more retail stores and on track to make over 10 million dollars annually.
Who's David?
@@thebrightskiesthink he beat Goliath
Who tf is David yo
The accident was 6 years ago, you have to let David go.
@@RobinDude 🤣🤣😁😁😭😭
Loved the way mark got out of it as soon as robert made an offers just so she doesnt turn it off to hear mark
I am always here for the comments to find out what happened to the company after the fact. Thank you!
mark is so smart , I can see on his face that he is onto invest in this company but not on the same valuation and on shark tank, he will do it later on
Daymond was so out of line. He has such a chip on his shoulder. I've seen him have this same tantrum before.
Im here for the coffee. It’s delicious! Bought a 5 pack for a trip & didn't know it was on Shark Tank & I’m hooked
Damon talking about helping people when he was found scamming people😂😂
Michael Scott: milk and sugar, every morning!
What the hell was Daymond’s point? 😂😂😂 The guy is talking nonsense 😂😂
no he's not, he's saying the notion "it's ok to loose millions of dollars of OTHER peoples money" is ok, is bullshit
She lost other people's money. That's why.
@@trapfanthom8538Learn the difference between lose and loose first before looking like an idiot
If you have 1.4 million in the bank you don’t need to raise more money, you need to get to work, it straightforward, simple and correct. This comment section is beyond baffling.
Well well, another deal with Robert fell through. According to Mashed: While the deal with Herjavec ultimately fell through, Copper Cow Coffee seems to be doing a-OK on its own. Its annual revenue, as of June 2022, rang in at $3 million.
And their losses?
Yeah we know she has revenue lol
@@withgoddess1119 she was a couple months away from being net profitable...
@@WD00777 😁
@@sangun123 😁
My lunch break always matches a new episode, amazing!
Daymond is being daymond. He was lucky to have LL cool J being a close friend to wear and market FUBU. That's the only reason why it grew and became successful.
Daymond is so tiring, so glad he's out. Always going for the pity party
@8:00 daymond is speaking nonsense
Wow, this was a good one and surprising to hear Mark complimenting a business that's losing money in the interim, but likely seeing profitability in the near future.
This coffee packaging is very common in Ukraine and costs a fraction of what she charges for it.
Any specialty coffee, freshly roasted. Done by micro roasters at a minimum cost.
I've no idea why she needs that much money and why these people are fascinated with a glorified teabag in 2023
I just wanna see a compilation videos of sharks going at it with each other lol
@FeelTheSerge - re: "lol" = what is so funny about your statement? or do you use that wimp "lol" at the end of most social comments?
@@warriormanmaxx8991 it's funny to me, just like your mom
There’s videos like that. Actually how I got here. 😆 One was called top 3 ST fights and it was amazing.
@calivibes_84 oh I love it when they fight amongst each other lmao
Dude said he waited 2 hours for a coffee 😂😂 I guess time isn’t money
The point about the packaging being confused as dishes is crazy. I worked retail, if its in the coffee aisle its coffee. No one would be confused
I accidentally bought one at Costco because it looked interesting, now im obsessed with it
You mean spontaneously.
Lol i love how Mark listening interstingly with a smiley 😁 face 😂😂
Omg when was this filmed?? This packaging is soooooo common here in Malaysia. It's nothing new, bro
When Mark is serious he looks like Frankenstein
Mark's look at 8:42 is priceless
Pitch so intense , Dragons started Reminding Ideologies
That company is worth more than 34 million today.
ive legit spent $100s on Copper Coffee. love their product. the condensed milk coffee at home is such a treat
I always see the “Barbra’s out” comments. But what about Robert never actually closes his deals comment. I would never chose him!
Lori goes out for such a bad reason. Better you say you don't like the product and be done with it, don't come up with bullshit like that
Honestly. If she didn't like the packaging as much, she could've made a deal contingent on altering it. 99% sure she's done it before for products she believed in
She’s offering advice….
Lori gave her a immensely valuable advise... she needs to rebrand her product.
She focuses so hard on coming up with these elaborate excuses. Daymond is the worst though his excuses are usually something basic like “i don’t know about this product so I’m out”
She does that alot with lame excuses
Damien is just the female version of Barbra 😂
Bro you mean the male version? Lmao
If there’s one thing you can count on, it’s the sharks going crazy moaning and groaning at the asking evaluation BEFORE they’ve heard the pitch.
By the end of the business the cleaners will have more stake in it than her
I have seen this kind of technology in japan and used it alot! Works perfectly for vietnamese style, single serve 👍👍
I surprised he gave her the offer. I thought she won’t make it. Congrats!
Don't be surprised, Robert's deals never go through. Copper Cow "ended up not going through with the deal after airing" according to their own website.
Oh wow, that was a big loss !!
If this new capital is going toward digital spend and inventory, she's likely not creating 1 more USA job by raising more $. That $ goes directly to the suppliers overseas and to facebook or amazon which needs no additional employees to handle that ad spend and product pull at the warehouse. We all take the line "creating new jobs" as this soapbox claim, but just dig a layer or two deep when you hear it next time 👍🏼I've seen it first hand in the CPG space.
Now she’s at 32%
Robert and Mark are the top guys on this show for sure!
Diamond has such a scarcity mindset. He basically says to her, the world would be better-off without her product, bc a 4-year start-up is not profitable.
What a clown!
Daymon never has a good argument for why or why not he’s investing and hardly ever invests even if he likes a product. it’s like he’s just there for airtime and not to actually grow as a businessman. He never seems to invest unless he knows other sharks are into something and if they’re not he backs out. She has 1.4 million in the bank and they were all excited about her product… and he’s just calling her greedy basically and that’s why he’s not investing? She’s trying to grow her business. I’m not the biggest fan of Mark but at least he thinks for himself and isn’t afraid to go against what the other sharks say.
Update Copper Cow Coffee's 2023 net worth of $28 million serves as a resounding testament to its triumph and the widespread allure of Vietnamese coffee. Debbie Wei Mullin's steadfast dedication to quality and her pivotal Shark Tank
Can anyone explain how a product with 70% margin is losing this much money and does not have a positive cash flow?
Because they keep scaling up. It's quite common, as the lady accurately said.
Mark calling Daemon a socialist is my favorite shark tank moment
the packaging is fantastic
its stolen
I'm glad she took that deal with Robert.
good grief let's hope robert isn't doing their adverts, the horrid look on his face when he drank was hilarious
The ironic part is that Robert seemed to enjoy it the least, and Daymond the most 😂 This episode definitely did a 180 when the numbers came out.
Shark is so addictive but so informative at the same time
I understand both sides with Mark Defending her and the other sharks Concerned and asking questions But let's all be honest here Since I know most of us have watched A lot of shark Tank. I'm pretty sure any of us In That Situation wouldn't really want to invest in a company with, If you think about it has pricing issues, margin issues And financial issues at the moment🤔🤔
Manufacturing, distribution, marketing… just naming a few major expenses. It takes money to build that platform. Then it takes more money to scale the platform. Once the platform is scaled and has the sales to be self sufficient, THEN you break even. THEN you pay back debts. THEN you continue to scale and grow by using positive cash flow from the business.
She’s at the first THEN. Damon was coming down on her like she was already profitable. Yes, she has money in the bank, but she’s smart and forward thinking about where she needs to be on 6mo, 1 yr, 2 yr. With that mindset, money in the bank is already spent. “Don’t count your chickens before they hatch” She knows she has eggs, but also knows she needs to buy more chickens.
Aside from all of that drama, I wouldn’t invest because of the product. In America, people want things quick and easy. With this, you gotta boil water, set up the bag, add the milk, then clean all of it up. Most people prefer the pods that you toss in a coffee maker or they go somewhere like Starbucks. I just don’t see this being able to compete with Keurig. They make pods for themselves, Folgers, Starbucks, McCafe, and other major brands.
If u have to add creamer to coffee then its not gourmet coffee with all due respect
No seriously, why do we eat lunch when watching this 😂
As much as I want to disagree with Mr wonderful but he is right. I spent 400k of my own money on my company and I didn't make a dime back. Losing money to launch a brand ultimately can be the demise of the entire brand. I was duped by the sellers and I paid twice as much for a product that lost its demand. Sometimes items like these are trends and it depends on the demands. If you aren't making money after a year it is going to go bust. Good thing she got Robert coz it's rare. U need cash flow to keep going otherwise you are doomed.
sorry for your loss
From what I heard the deal feel through BUT the Business is booming now
Sounds like what makes her expenses so high is that there is a lot of middle man and a lot of importing that needs to be done... at the same time, having less than 50% ownership in your company is kinda wild imo
I was thinking can't they just grow their own coffee locally
Daymond John dogged a bullet with this one. 1.5 million in the bank, lost control of her business and still selling more shares around for some money.
she was so composed, calm, cool, and collected. Damon hates these types of entrepreneurs.