lol say WHAT ?IDK maybe you haven't seen much television before.I didn't even know it was a Canadian show so shows how much of a CANADIAN feel i got from it lol. A more noticeable canadian feel would be something like "Hockey Night in Canada" or perhaps an old show "Stompin Tom Across this Land" or even Marketplace.Dragons Den isn't even a very interesting show it has the feel of scripted work like most shows do.I only checked this out because i just like to check out different stuff all the time but I wouldn't make a habit of watching the Dragon's Den.
As a Brit who has never been to Canada, this man is probably the most Canadian man I have ever seen. Ice hockey gear, the accent, the friendly disposition and just everything really. I hope he has a successful and happy life.
@Langer that's a canadian accent. I can hear why you'd think Italian but if you asked him to say "no doubt about it" it would definitely come out "new doot aboot it"
Nah, Kevin is embarrassed to be there BUT the contract says he must do shows for the Canadianfans!!!! Kevin is a known fraud. He is a miniature Billy Gates. Cheers.
It’s a great product . Every kid on my sons team has these! There more used to get ready at home and skate into practice and leave right after getting changed at home.
There were so many awesome moments in this. Like the guy saying he played 2 games for the Blackhawks in the 80s and at 6:52 Jim and David were talking about their NHL player connects.
This pitch was from 2013, and the dragons backed out of this deal but this product is pretty much in every specialty hockey shop in the world. Got to assume he lucked out with the dragons backing out, because this stuff is still everywhere and the only way it can get much bigger is if the sport grows.
I have read that this happens often. They make a deal for the camera and then back out after. However, the exposure is often enough to kick start the company to the next level.
@@crazyjameswaikle2695 They don't make deals for the camera. Typically in the due diligence process something big comes up that an investor is no longer interested, but it's something that they didn't mention during the pitch. But yes, regardless of whether or not they get a deal, there is always an influx of buyers from airing.
@@harshbirbrar2830 Yes, I've heard that over 40% - close to half the time when a deal is made on the show, it doesn't end up going through after, as they will later find out that the owners lied about a figure or didn't disclose something etc.
Love that we got to see the family interaction with the Jim and his son Brad and how the latter vouched for his longtime hockey buddy from years ago. It's also great that 3 generations of the family is involved in this business. Business life mixing with family life in a hockey related venture. What can be more Canadian?
As a former figure skater, this is a GREAT product. Anyone whos ever worn skates knows how awkward it is to walk in them. This would have made things so much easier! My man, whos a former hockey player agrees 100% too!
@@AD-df5tm really? Thats crazy. In an arena, sure, you could get away with that. I preferred not to walk on concrete with my figure skates. But ive also spent a lot of time on outdoor rinks. Things like gravel and asphalt parkinglots chew the shit out of skate blades.
This episode is from 2014 (Season 8). RollerGuards are now available everywhere. Still in business. Don’t know actual sales of course, but that 5% royalty deal has likely fully paid back the investment.
A 5% perpetual royalty... Depending on the profit margin that could easily be much worse than the additional 10% equity would have been. The royalty is on revenue, the equity is on post-tax net profit.
It's crazy. I just bought a pair of new skate guards from Canadian tire last week and they won't stay on my skates. I said out loud "why do skate guards suck!?" As the man said they've only ever made just one kind.... not anymore! Go Flames go!
Can confirm the cheap skate guards dulled my kid's edges quickly given how she used to run around the lobby and at home with them on. Took a little bit to figure out why she was struggling so much to get back up from the ice. 😄 I really liked the Supergards but soakers have just been more convenient. My kids have been really wanting the rollergards though.
Awesome. One of my favorite pitches of all time. Hope you sell a ton. I am sure I will be sending few to Winnipeg so my nephew can use them and then he can then use them at the cottage in the driveway.😎
I think he could have easily negotiated 20-25% equity + 5% royalty until double the investment was repaid. Royalties in perpetuity are usually a bad deal.
The problem is this isn't a high volume product, there aren't that many countries where skating is popular, and depending on the longevity of the product the replacement rate may not be high.
@@aaronrogers8846 As someone who played when I was little it's getting priced out where as the barriers to entry for other sports such as soccer and basketball are much lower.
some commenter will do a little research, and this time it was I. The dragons backed out of the deal after due diligence, altlhough Jim Treliving remained interested. Both products are all over the internet, which speaks well for their continued success, seeing as how this particular episode of Dragons Den is from about 10 years ago. I didn't look for how much the company is worth now, but It looks like Posa is still there. Completely off-topic, I see that Robert Herjavic is back on the Den. I always did like him.
@@trevorlambert4226 Yeah you're right. The more I read the more I realized it happens a lot. They have a "post-screening" process that happens after the episode where they are free to just say "Nope nevermind, not anymore!" Kind of sleazy but it is what it is I guess.
@@Fallout3131 The due diligence they do often uncovers information that wasn't available to them during the show, It's not all one-sided as sometimes it's the entrepreneur who backs out.
5% royalty for life is going to cripple the company. Also, I never understand what they mean with that. Is that 5% off the top? I highly doubt it’s 5% after costs
Got into ice skating and these skate guards are like the main ones they sell. i didn’t realize it was a revolutionary thing but here we are. that’s awesome that they’ve become norm
I had one of these when I was 7 and when I dressed at home I pulled up in a pair of RollerGards and I miss those days. Coming in with those in men’s league is like walking in a rolling grit bag in Bantam and above.
wow. wonderful episode. best one i have seen yet. i love how they all came together. too bad for mr wonderful missing out. hope the family is doing well now, keep doing what you're doing!
its not like shark tank, if they dont get all the money, they dont get a deal at all. Its agood deal as you can hear them mentionning all their contacts in the NHL for endorsements. Royalties but he keeps the ownership, very good deal.
Great product. I wish there was something like this when I was young. Definitely walked to the rink with my skates with guards on and this would of been helpful
As a potential customer for this product, let me explain the problem. Most players don't even use skate guards. If you're in an arena, everywhere you walk is a soft material made for walking in skates. The only really solid use case for skate guards is playing outdoors. If you're going to buy skate guards and want to be able to walk across different surfaces, such as snow, uneven ground, gravel, do you want wheels on them? No, you sure don't. So what are we left with, for this super expensive skate guard? The fact that it doesn't touch the skate blade. Is that a big deal? Not really. The amount of dulling that the plastic of a regular skate guards effects to the blade is negligible compared to the dulling action of skating. Skate guards are meant to prevent major damage from dirt, stones, etc. Not to extend the time between sharpening by 1%. It's unlikely anyone would even notice the difference. So when I go to buy myself some skate guards once I lose my current pair, am I going to spend $10 for ones that do the job, or $60 for ones that theoretically do the job 1% better? This is a classic case of a solution to a problem that doesn't exist. I should add, there's another possible use case, which is in the hockey bag. This is more to protect the bag than the blades. A plain old skate guard works fine for this as well.
Cale makar uses them to get around in the soft area. You can really get to where you need to go. Its huge nearly all the olayers in the NHL use them..go to any stadium now, you wont not see them..
It's inappropriate to have family members who are not part of the business present in negotiations. In Shark Tank US they dismiss the family members and everybody else who isn't part of the business if they aren't actors demonstrating the product. That's what should've happened here. They should've dismissed the guy's kid.
I'm an industrial plastics expert, 11 years in this niche career. The pricing is fantastic to have a MRSP of $60. We couldn't make the polyurethane wheels alone for less than $80-$100/set. What's a bit curious is the whole "skate dulling" issue. HDPE polyethylene doesn't cause that issue, which is why we recommend it for synthetic ice. If it was made of more expensive UHMW polyethylene then the blades would dull. However, that would be overkill for the application. I would bet they're made of HDPE though so it shouldn't be an issue.
It is a trendy/fad product though so honestly it is one a few times where a royalty and no counter makes sense. This isnt going to be a future hockey equipment company. It is a one product company and theyll sell lots until they sell no more. The dragons will help market it really well, they are incentivized to sell as many as they can for their royalty and once they are rich the show is over. The company will be sold or shutdown. So "lifetime royalty" is more like "short lifetime this product has" who cares.
My counter offer: deal, but I'm in on the 5% royalty, so all 5 partners get a 1% royalty in perpetuity, everyone gets 1 board seat for votes, and the sharks each get an 8% stake
This was great! Those original skate guards, at least for me, fall off SO easily. Nobody asked about it, but I wonder how snug the rollerblades are, assuming they wouldn't fall off as easy like the old skate guard would?
Had to look him up when they said "pro hockey player." 1:04 Played some non-NHL pro hockey but only two NHL games... Listed as 56 as I type this in 2023. This came out how many years ago? Yeesh. He be weathered. Pretty good idea though.
@@That90sShow how was he supposed to know Huberdeau would fall off that hard, jeez. He lost Gaudreau for nothing and Tkachuk wanted out and Treliving did damn well for what he could From an Oilers fan
That kid looked him right in the eyes and said “even better”. This kids gonna grow up to be a great lawyer
This was the most Canadian piece of television I think I've ever seen. Absolutely love it.
Not really buddy chirped don cherry this whole pitch is stupid
lol say WHAT ?IDK maybe you haven't seen much television before.I didn't even know it was a Canadian show so shows how much of a CANADIAN feel i got from it lol.
A more noticeable canadian feel would be something like "Hockey Night in Canada" or perhaps an old show "Stompin Tom Across this Land" or even Marketplace.Dragons Den isn't even a very interesting show it has the feel of scripted work like most shows do.I only checked this out because i just like to check out different stuff all the time but I wouldn't make a habit of watching the Dragon's Den.
But Trudeau didn't walk on screen, tell you you're killing the elderly, wear a mask, close your business, stay home, don't live, so not THAT Canadian!
@@chadmcdougall2536 I can hear the Canadian accent through the comment haha
This is 100% S tier Canadian comedy if you’re American
As a Brit who has never been to Canada, this man is probably the most Canadian man I have ever seen. Ice hockey gear, the accent, the friendly disposition and just everything really. I hope he has a successful and happy life.
Pretty much we love hockey, kind of like the rest of the world loves ⚽️
This is your standard hockey playing Canadian for sure.
I could introduce you to a few characters lol 😆
As a Canadian, that isn't a Canadian accent ... more of an Italian immigrant accent not a natural accent
@Langer that's a canadian accent. I can hear why you'd think Italian but if you asked him to say "no doubt about it" it would definitely come out "new doot aboot it"
The look of disappointment on Kevin's face while everyone celebrates the deal: priceless
I was half expecting him to try to jump in on it.
Scrooge missed out
A royalty deal and Kevin's not part of it. The look of regret at the end. 😂
i was thinking the exact same thing lol
He’s such a bad guy.
Nah, Kevin is embarrassed to be there BUT the contract says he must do shows for the Canadianfans!!!!
Kevin is a known fraud. He is a miniature Billy Gates.
Cheers.
Hes a trafficker
Kevin probably would have wanted an 80% royalty fee if he was part of the deal.
It’s a great product . Every kid on my sons team has these! There more used to get ready at home and skate into practice and leave right after getting changed at home.
There were so many awesome moments in this. Like the guy saying he played 2 games for the Blackhawks in the 80s and at 6:52 Jim and David were talking about their NHL player connects.
i liked how he emphasized that his father in law was the inventor never tried to take any credit himself
The most Canadian product ever! I'm 70 and I want them!
Every time Kevin acts like he knows best I remember he invested in ftx
This pitch was from 2013, and the dragons backed out of this deal but this product is pretty much in every specialty hockey shop in the world. Got to assume he lucked out with the dragons backing out, because this stuff is still everywhere and the only way it can get much bigger is if the sport grows.
I have read that this happens often. They make a deal for the camera and then back out after. However, the exposure is often enough to kick start the company to the next level.
@@crazyjameswaikle2695 They don't make deals for the camera. Typically in the due diligence process something big comes up that an investor is no longer interested, but it's something that they didn't mention during the pitch.
But yes, regardless of whether or not they get a deal, there is always an influx of buyers from airing.
@@harshbirbrar2830 Yes, I've heard that over 40% - close to half the time when a deal is made on the show, it doesn't end up going through after, as they will later find out that the owners lied about a figure or didn't disclose something etc.
The roller part is very unique. No one past 10 really wears guards in hockey world. All I ever see is the cloth baggie type for the adults.
Love that we got to see the family interaction with the Jim and his son Brad and how the latter vouched for his longtime hockey buddy from years ago. It's also great that 3 generations of the family is involved in this business. Business life mixing with family life in a hockey related venture. What can be more Canadian?
and now brad is GM of the leafs lol
As a former figure skater, this is a GREAT product. Anyone whos ever worn skates knows how awkward it is to walk in them. This would have made things so much easier! My man, whos a former hockey player agrees 100% too!
Right? I’ve played in some arenas where the walk from the dressing room to the ice is sooo long. These would’ve made things fun and quicker
Literally never worn skate gaurds in my 35 years playing hockey. Never seen anyone over like the age of 10 wearing them either. 🤷
@@AD-df5tm really? Thats crazy. In an arena, sure, you could get away with that. I preferred not to walk on concrete with my figure skates. But ive also spent a lot of time on outdoor rinks. Things like gravel and asphalt parkinglots chew the shit out of skate blades.
@@AD-df5tm I’m thinkin it’s a more figure skater thing. I’ve never seen a hockey player wear them beyond peewee
@@bdbdkdfotbrveiw i mean everyone owns them but yeah you have them on in your hockey bag but you take them out and never walk with them yeah
Kevin knowing he screwed up at the end is priceless. Those things are all over the place now
Kevin's too greedy
That was really cool. I love seeing good people get rewarded. Good for them.
this is the most canadian thing I've ever seen on any den/tank/whatever
This episode is from 2014 (Season 8). RollerGuards are now available everywhere. Still in business. Don’t know actual sales of course, but that 5% royalty deal has likely fully paid back the investment.
I was gonna say, I’ve seen these around years ago but this explains it 😂
These are by far the most popular skate guards used today
A 5% perpetual royalty... Depending on the profit margin that could easily be much worse than the additional 10% equity would have been. The royalty is on revenue, the equity is on post-tax net profit.
It's crazy. I just bought a pair of new skate guards from Canadian tire last week and they won't stay on my skates. I said out loud "why do skate guards suck!?" As the man said they've only ever made just one kind.... not anymore!
Go Flames go!
There is plenty of different types of skate guards now a days
Go jets go
Ummm. These have been around 10 years; it’s not a new product. And they are available at CT and SportChek.
They've only ever made one kind? Come on now
It was literally too wholesome for Kevin at the end.
Can confirm the cheap skate guards dulled my kid's edges quickly given how she used to run around the lobby and at home with them on. Took a little bit to figure out why she was struggling so much to get back up from the ice. 😄
I really liked the Supergards but soakers have just been more convenient. My kids have been really wanting the rollergards though.
2 games....2 more games than I played in the NHL.
I worked at an ice rink for about a year. These things were EVERYWHERE! I saw them daily. I’m glad this guy succeeded (at least as far as I know).
Being a diehard hockey fan, it was awesome to hear the names Treliving, Bertuzzi, Doan, etc.
Always feel great when a straight up GOOD GROUP'A GUYS get a deal.
Kevin will put his money in FTX with Sammy Boy and company! LOL
Awesome. One of my favorite pitches of all time. Hope you sell a ton. I am sure I will be sending few to Winnipeg so my nephew can use them and then he can then use them at the cottage in the driveway.😎
I think he could have easily negotiated 20-25% equity + 5% royalty until double the investment was repaid. Royalties in perpetuity are usually a bad deal.
royalty until they get their money back, and then a dilution from 30% would have been good too.
The problem is this isn't a high volume product, there aren't that many countries where skating is popular, and depending on the longevity of the product the replacement rate may not be high.
I agree!
@@joshuawoo1630 I think you’re wrong, Hockey is played in a lot more countries than you think. A great product, wish I’d have thought of it.
@@aaronrogers8846 As someone who played when I was little it's getting priced out where as the barriers to entry for other sports such as soccer and basketball are much lower.
The deal did not make it through due diligence.
some commenter will do a little research, and this time it was I. The dragons backed out of the deal after due diligence, altlhough Jim Treliving remained interested. Both products are all over the internet, which speaks well for their continued success, seeing as how this particular episode of Dragons Den is from about 10 years ago. I didn't look for how much the company is worth now, but It looks like Posa is still there. Completely off-topic, I see that Robert Herjavic is back on the Den. I always did like him.
Wait sorry, the dragons backed out of this deal after this??
Oh yeah, I just did some digging looks like you were right. That kind of sucks :/
The dirty secret is that most deals fall apart after the cameras stop rolling.
@@trevorlambert4226 Yeah you're right. The more I read the more I realized it happens a lot. They have a "post-screening" process that happens after the episode where they are free to just say "Nope nevermind, not anymore!"
Kind of sleazy but it is what it is I guess.
@@Fallout3131 The due diligence they do often uncovers information that wasn't available to them during the show, It's not all one-sided as sometimes it's the entrepreneur who backs out.
5% royalty for life is going to cripple the company. Also, I never understand what they mean with that. Is that 5% off the top? I highly doubt it’s 5% after costs
Got into ice skating and these skate guards are like the main ones they sell. i didn’t realize it was a revolutionary thing but here we are. that’s awesome that they’ve become norm
I know what I’m gonna gift some of my friends kids for Christmas. Great product
I had one of these when I was 7 and when I dressed at home I pulled up in a pair of RollerGards and I miss those days. Coming in with those in men’s league is like walking in a rolling grit bag in Bantam and above.
wow. wonderful episode. best one i have seen yet. i love how they all came together. too bad for mr wonderful missing out. hope the family is doing well now, keep doing what you're doing!
For being uploaded 2 weeks ago this has to be years old. Brad treliving is currently calgarys GM
I had one of these. Had no clue it was on Dragon’s Den
O’Leary was having some fomo lmfao 🤣
What a great outcome and product
This is awesome , great clip wow , every second of it was just wow
what a legend played for the Blackhawks, knows the og, knows the scene Victor is amazing :)
Played for them for two games??
They should have atleast countered and pushed for better deal
its not like shark tank, if they dont get all the money, they dont get a deal at all. Its agood deal as you can hear them mentionning all their contacts in the NHL for endorsements. Royalties but he keeps the ownership, very good deal.
I see kids wearing these at the rink all the time. Great product!!!
Great product. I wish there was something like this when I was young. Definitely walked to the rink with my skates with guards on and this would of been helpful
This is genius! But so simple.. Amazing
As a potential customer for this product, let me explain the problem. Most players don't even use skate guards. If you're in an arena, everywhere you walk is a soft material made for walking in skates. The only really solid use case for skate guards is playing outdoors. If you're going to buy skate guards and want to be able to walk across different surfaces, such as snow, uneven ground, gravel, do you want wheels on them? No, you sure don't. So what are we left with, for this super expensive skate guard? The fact that it doesn't touch the skate blade. Is that a big deal? Not really. The amount of dulling that the plastic of a regular skate guards effects to the blade is negligible compared to the dulling action of skating. Skate guards are meant to prevent major damage from dirt, stones, etc. Not to extend the time between sharpening by 1%. It's unlikely anyone would even notice the difference. So when I go to buy myself some skate guards once I lose my current pair, am I going to spend $10 for ones that do the job, or $60 for ones that theoretically do the job 1% better? This is a classic case of a solution to a problem that doesn't exist.
I should add, there's another possible use case, which is in the hockey bag. This is more to protect the bag than the blades. A plain old skate guard works fine for this as well.
Cale makar uses them to get around in the soft area. You can really get to where you need to go. Its huge nearly all the olayers in the NHL use them..go to any stadium now, you wont not see them..
He way undervalued himself. The product will market itself for free, grow exponentially.
It's inappropriate to have family members who are not part of the business present in negotiations. In Shark Tank US they dismiss the family members and everybody else who isn't part of the business if they aren't actors demonstrating the product. That's what should've happened here. They should've dismissed the guy's kid.
He really say he could talk to bertuzzi?!?! Lmao
I'm an industrial plastics expert, 11 years in this niche career. The pricing is fantastic to have a MRSP of $60. We couldn't make the polyurethane wheels alone for less than $80-$100/set. What's a bit curious is the whole "skate dulling" issue. HDPE polyethylene doesn't cause that issue, which is why we recommend it for synthetic ice. If it was made of more expensive UHMW polyethylene then the blades would dull. However, that would be overkill for the application. I would bet they're made of HDPE though so it shouldn't be an issue.
Dude is gasping for air just walking 15 feet in hockey gear 🤣
Not the 5% percent lifetime royalty, he should have countered. 😬
It is a trendy/fad product though so honestly it is one a few times where a royalty and no counter makes sense. This isnt going to be a future hockey equipment company. It is a one product company and theyll sell lots until they sell no more. The dragons will help market it really well, they are incentivized to sell as many as they can for their royalty and once they are rich the show is over. The company will be sold or shutdown. So "lifetime royalty" is more like "short lifetime this product has" who cares.
Great stuff! Cool invention for sure.
Deal fell through, and no deal was made. the Sha.....dragons felt it was hot air.
They guy seems to have left out that most arenas banned roller protectors years ago.
lol. He dialed the number in a smart phone
The roller blade thing is cool n all but tbh the innovation of not having the blade suspended in air is way better
How did that even work, was it just like resting the plastic on plastic
Why would he not ask Jim's son to talk to his dad before going on the show? He could make a deal without the others!?
nothing worse than losing a good edge in crummy guards just before a practice or a game !
Such a simple product but just never really thought of. Good for them
Kevin so mad at the accepted royalty deal 😂
My counter offer: deal, but I'm in on the 5% royalty, so all 5 partners get a 1% royalty in perpetuity, everyone gets 1 board seat for votes, and the sharks each get an 8% stake
he played 2 games for chicago blackhawks okay buddy
Lol I heard it too, still got called up, lot more than most
This was great! Those original skate guards, at least for me, fall off SO easily. Nobody asked about it, but I wonder how snug the rollerblades are, assuming they wouldn't fall off as easy like the old skate guard would?
Man these have been around for over 10 years! I wanna say 15! No idea this came from him. Pretty cool mn
Even better than actual roller blades 😂
Now I see why this product costs 70 eur here in Finland. Still a very smart idea.
Had to look him up when they said "pro hockey player."
1:04 Played some non-NHL pro hockey but only two NHL games... Listed as 56 as I type this in 2023. This came out how many years ago? Yeesh. He be weathered.
Pretty good idea though.
Never knew me wonderful for his hands in every single one of these shows lol
Need to have the word `super ` in it to be the best
Kids from my sons team used these around the arena, some of parents in charge banned them.
I'll be looking for these in the stores and I'm just about 60
As a Flames fan and a Calgarian I had no idea Brad's dad was a dragon!... Looks like he won't be losing his job then ☹️
Brad shouldn’t lose his job he has been great the last few years
@@hussaine1252 😂😂😂😂😂😂 He single handedly ruined the Flames bud
@@That90sShow how was he supposed to know Huberdeau would fall off that hard, jeez. He lost Gaudreau for nothing and Tkachuk wanted out and Treliving did damn well for what he could
From an Oilers fan
How do you think he landed seed money for the WPHL?
That was a robbery
I loved this deal.
These are everywhere
Every Kid that plays Hockey in California (a lot) is wearing these! Great Product
Really wish Netflix kept this
I have owned a pair for 7 years, rollerguards are nice
These are at every rink I go to.
Hockey always brings joy off the ice and hatred on the ice LOL
Are you allowed to roller blade around the inside of rinks?
Now his son is the general manager of the Toronto Maple Leafs
Kevin Oleary makes Simon Cowell look approachable and friendly
HOW MUCH IS A DON CHERRY SUIT JACKET?????
certainly a great idea for kids who often change in the gear at home.
How the heck did I guess he was going to say the Chicago Blackhawks
Of everything that's come through these shows, THIS is what the show was made for.
That's a real life product.
Not like sham wow.
How is the sham wow not a real life product ?
These were banned in arenas almost instantly after they came out
I had a pair of these they’re awesome
Very interesting product
Did he call his son hun?😂
very nice product and idea
Sat beside Jim at a leafs game once
Don Cherry's suits are custom made in Toronto at 10K a suit.
Mattress World in Kingston I believe is where the fabric is from
Bro willing to give 20% total sales over life time for 200k when he's making over 100k profit 💀
These things are in every major sports store these days. Noice
the way kevin puts his head down knowing he missed out on royalty's lol
Walking in skates sucks, this is a great invention