The Sharks Blast to the Future | Shark Tank Misses
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- Опубліковано 22 лют 2023
- The Sharks missed big with the Rocketbook which offers an alternative to the traditional notebook and pen by being able to be reused up to five times.
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The Sharks Blast to the Future | Shark Tank Misses - Розваги
![ПОЛНАЯ ИСТОРИЯ ЭКЗОРЦИЗМА [Топ Сикрет]](http://i.ytimg.com/vi/qBySr6Bt0B8/mqdefault.jpg)
Never judge a notebook by it's cover.
Well played, my friend
But the cover looked cool.
Just the ability to microwave your notebook to reset all the pages is fascinating.
Some times, the sharks can be so blind to products that are so far out of the box, they really can't go wrong making a deal. This was one of them.
It comes down to do they want to take that chance, it’s real money they would lose
@@immealldayeveryday9425 Definitely but this was such a great idea.
@@ejicon3099 it was but I think they could have better presented their idea
@@immealldayeveryday9425 How so? You write in the notebook, you use an app to digitize and organize your pages, you nuke it in the microwave and start all over. What exactly did they not present?
I love stories like this… the sharks don’t know everything. I’m actually surprised Mark didn’t see the value in this tech or think of other applications for it
they made it big by being one trick ponies, then once they got their money they invest in other businesses. what this means is they aren't all knowing
This was personally for me the best products the Sharks have missed. The only thing gimmicky for the need of the microwave oven is to reset the book but they introduced new updates of the book almost every year. Students & Officers going public who deal with databases must be loving it.
Kevin couldn't get it through his head that not everyone wants to waste stuff and throw it in a landfill for capitalism. He's so sleazy.
@@pepsico815 he’s a greedy Jew that’s why.
this is great for the environment and trees, they didn´t see the big picture
I still don't get it. When was the last time you worked through a normal 120-page notebook and had to get a new one because you were out of pages?
Because I'm almost 40 and I don't think I ever have, ever. Maybe you go though a lot more of them than I do?
@@Machinu5 i buy a new notebook every 1-2 months, its easy to fill up if you write alot, and i dont even write alot alot
Great for the environment??? It is PLASTIC. At least paper will biodegrade...plastic will not EVER biodegrade. It will just produce more microplastics that will pollute our waters and end up in every living person and other life forms on this planet. Today's paper products do not harm forests because the trees harvested to make paper are sourced from tree farms.
@@Machinu5 I think students at various levels do through them orrrr may find the digitalization of the notes beneficial
Yeah… I think they had a bad pitch tbh, they didn’t even mention the environment or use buzz words like Sustainability. They didn’t mention other applications or products, and didn’t speak about the sales or feedback their gotten… no one up there could see the possibilities and I’m not sure if they did either
Sharks definitely missed out on this one. The pitch could have been better as well as it ended up sounding gimmicky. The company is doing really well despite not landing a deal. In Dec'20, Bic acquired Rocketbook for $40 million. This is one of the highly recommended notebook alternatives for taking notes digitally.
This is pure genius, pure gold. Kevin doesn't get it because his pure greedy and selfish. It's sustainable and environmentally safe he only cares about money FTX proves that alone.
Nobody needs to prove that Kevin only cares about money. He said so himself on several occasions. Even in this skit he did.
Are you kidding? it's a stupid idea. U can use a tab or iPad to make notes. Or you can scan with apps like vflat/Adobe scan Wirth text recognition. There's literally no point in erasing the notebook to rewrite In it. WTF just why? Use a pencil if you're that scared about environment. And kevin always makes sense bc he's the most disciplined investor in the tank. Open your mind sir.
Nah. They didn’t do a good job presenting. Would’ve focused on how it was digital and reusable (consumer conscious). Skip the microwave
It's not something that is investible
This in definitely not pure genius. Why buy a rocketbook when you can just buy a normal notebook for a lot less and a fixion pen so you can reuse a normal notebook. The rocketbook will not erase normal pen ink and they tell you to use frixion pens.
They did a terrible job explaining their notebook. When Lori said the process is just too long, cmon now, simply not an everyday stress compared to clutter
Kevin’s comments about burning/throwing away notebooks to buy more is so consumerist and capitalist
he's real life mr. burns
If my job didn't provide me with limitless notepads I would have already bought this. Still will eventually.
As soon as they pitched the idea I wanted one! It’s so frustrating when you write something down, take a pic, and then lose that picture.
They should've told them you could erase with the pen and that it was waterproof
That version wasn't waterproof :)
Yep, that came later.
This was a genius product, and the microwave part is not the biggest selling factor, it’s how it’s system works in tandem with the digital world. I’m surprised none of the sharks saw that.
What on Earth am I missing here? When I hit "share" on this video on IOS, I get 30 different options (I counted) for what I can do with it. So what do I need this $30 notebook for?
The Google Lens on your phone can do this.
People that think this idea is good are mistaken. You can already use apps that scan pages from notebooks. Marking a little symbol at the bottom that sorts it is the only difference - but the symbols are predefined and meaningless. Diamond symbol represents nothing for me.
Sometimes they forget what every day American consumers are in need of/want.
Nice to see in end of the video that they actually got aquired by the very big company called big company that make papers pens and all that for big value of 40 million Dollars, its great to see that it's what happened for them and their company especially after how they where kind of teared apart by the sharks in this pitch.
Kevin doesn't understand that there are alot of people that don't want wastage
Barbara- “I don’t use a microwave, so I’m out”.
They should of mentioned the environment angle
I like this alot, would buy one
they ended up being acquired for 40 mil (10x their valuation they offered)
Yet it was a one-time sale that won't translate to a long-term strategy for optimizing growth.
@@nicholassmith82 40 mil bruv... Catch me driving in Monte Carlo with my Bentley, I'm out 😎🤙
I love Rocketbook products so much. ❤ i love how can keep all my things digitally and on hand especially for homeschooling. I use One Note to organize their work. I have the fusion for personal and journaling use. The teacher planner to organize my homeschooling, 2 core notebooks for each of my daughters schoolwork, cloud cards i have been using it for my reading as a book mark and to take notes along the way, a mini, and a note. I hope one day they come out with some type of post it sticky notes.
I’m currently using Rocketbook for school, saved my money to buy lots of notebooks for different classes.
Come on a notebook? And one of them look like Ryan Gosling? How cool is that? 😂
Whoever is uploading these pitches should include the link to the product so it can bring potential customers for the entrepreneur.
Have a one they made that didn't require a microwave justvused an erasable pen on it and could still upload it. It's handy product idk if it's that modle or a different version but know it's a rocket book. I recommend it
Probably wouldn't have bought it if I was told I needed a microwave. Do know if left in car in az writing on it goes away if not erased... but if you put it in the freezer writing came back after being in a car
this is extremely cool and useful!! genius idea
Love them sharks
This will go crazy now!
I love Rocketbook, I have all of them now
Cool idea..as a chef I can't get away from a binder
“Hey guys i just found the way to save 2 billion trees a year”
Sharks : Why would i spend 20 dollars for a lifetime supply of paper and to save some trees ugh
I bought one and use it all the time.
The problem with the pitch was the microwave BS. That isn't a part of the Rocket book system anymore and for good reason. It's dumb and adds too much work to it. Now you just use erasable pens with it. So much easier.
I probably would have passed on this if I was a shark too. The presentation as they presented it wasn't good.
i work on EMS and this is a great idea
They focused way to much on the Microwave part.
Kevin was so rude in this episode! He just kept beating on them cause you can microwave and reuse it. It's understandable where Kevin's coming from but to stand there and hear him moan about the same feature over and over again that probably took years to develop probably felt terrible!
That's what you get for pouring your money into something moronic. The same notepad would cost you $1.99 if you went cheap. So I could buy this and put it in the microwave 20 times, or just buy 20 notebooks.
Why in the world Bic would want this, I do not know and could not guess.
But its easier to put this in the microvawe then go to the store?
@@internetcomments5510 shhh he's too dense to understand it's way more economical to just go to the kitchen and microwave your notebook rather than going out to the store multiple times to buy the same thing over and over again. If he had common sense he would understand why a successful company would wanna buy them out anyway lol
I really liked this
The microwave part fits adds value, greatly, people want to maintain minimal lifestyles
I love my rocketbook, its soooo awsome for note taking at work!!
The sharks really missed out on this one. It astounds me how they could all be this confused at a reusable and technologically compatible notebook. Kevin says “27 dollars for a microwaveable notebook”. He’s clearly missing the point, and so are the other sharks. How disappointing.
All the sharks cosplaying Barbara
Plus Livescribe offers live recording and has been offered on college campuses everywhere
I woke up this morning and for that reason I'm out... Barbra lol
This is proof that these millionaires/billionaire don't know everything. I just hate it when they're so condescending and act like they know all the current trends.
I’m gonna buy one
Honey what happened to that book with all my passwords?
They could have added the nature friendly pitch
"It's our most natural form of expression".
You mean it's not talking?
They should've started the pitch by saying the goal was to save the environment.
I love it when the sharks mock a product that then goes on to make millions, and the entrepreneurs can stick it to them! Lol.
I know it was a great product from the beginning. it would work for big companies. they can recycle it. if i were a shark i would but equity or buy it even if it was not profitable. if you can do some research it you can reduce the cost and it has huge potential to grow in another type of product.
Its just making easy things appear difficult.. i mean you can write on a regular notebook and take a photo of it on your phone and you have a copy…
rocketbook was acquired by BIC for 40 million!
I knew Barbara was out when i woke up this morning
ngl i though this was a very clever mousetrap i’m surprised they didn’t see he value in it
Meanwhile me with my phone scanner app....
The product is already unusual. Their pitch took it from unusual territory directly to crazy land.
Anyway, I can just buy a regular notebook and upload the pics I take of it to the cloud. No microwaves required.
I still don't understand the product, but yet again, I will probably never be a customer.
The RocketBook guys pitched it wrong!!! I just bought one! Not the 'Wave' though.
The new version of paper.....that sentence alone is a great idea......... Can you imagine reusable printer paper for corporate offices? How much money businesses can save on shredding and cases of paper lol. Let me not forget to mention the trees here.
That literally makes no sense, you print stuff that you need to have a physical copy of
Notebook 📓 business will run for next 20 years ??
Just remember, a shark invested in RokBlok, but not this.
Kevin and the rest missed the mark you make money by selling their info from their notes the app takes......take their info and sell it to companies.....you make the notebook reusable to make the consumer feel like they are getting the good end out of the deal...when in fact they are not....The deal would've gone through if they market it to college students....they may have to make some tweaks, but yeah a bunch of them use notebooks and their phones for notes.....Huge profits to be made there.
Look at Rocketbook now worth over $40 million and having over 2 million units sold, sharks really missed out
They must not have explained the usefulness of digitizing notes, I'm guessing?
Digitizing notes? I can imagine that this pitch may have filmed before my latest IOS update but my phone already does this with no apps.
I don't like the rocketbook because it only works with frixion pens.
Never heard of it.
Geniuses trying to explain a bunch of boomers
Beacuse we save it and reuse it again and again, sustainable especially in now days.
Even my forman at work had a book like this
If you put the notebook in the microwave it might get oily, or get the smell of food.
Not a practical idea.
Livescribe invented this many many years ago- this is nothing new!
To be fair its a crazy concept, this product could have just as easily been a massive failure. Congrats to the entrepreneurs but I cant blame the sharks for not investing in this kooky product
Knowing only business is good but It won't solve any problem nor it will impact any change to the life of billions, if marks is not teaching this to other fellow billionaires as a pedigree, should they only be focusing on their own financial endeavours...
I had a reusable note book is was called etchascetch
Good for Minimalist, recovering Hoarders and ADHD or those of us moving away from paper
Speaking is the first n best way of expression not writing but whatever
If they charged on the app that’s another way to make money
They were hung up on the microwave. Not the tech and cloud system.
Sharks missed it
The sharks and others should do their research before people like them come on with “inventions” that have been going on for many years now. The sharks should have a team of researchers that briefs them about what already exists! & performs better
If only I could download, save, and share any video or image to any storage, SM, cloud drive or email with just a tap or two... that truly would be - oh wait, I can already do that on IOS.
What a world we live in. Too bad I can't microwave my phone (I guess).
Barbara is always out
So no results shown from the microwave here? What's the reason for the demo when we can't see the result!? No price for the book either! Edited too much! Does it do anythig to food?
I mean there are going to be a lot of “misses” in the biggest bubble in history lol Dogecoin was at 40 Billion
Company's overpay for products all the time. Unilever is probably kicking themselves for buying dollar shave club.
These sharks are just foolish, these men solved the issue of deforestation, the process and cost of recycling paper and in general the wastage of paper.
The sharks just ignored millions in sales, lol!
These guys product Is NOT good. Livescribe does it wayy better. The pen is the camera. Instead of you snapping a photo with ur phone
Stop giving away the video through title
BIC bought the company for $40,000,000 a few years later.. Sharks lost on this one.
Its iot y dont u see
In December of 2020, Bic acquired Rocketbook for $40 million. Rocketbook is now one of the most highly recommended notebook alternatives for those looking to take notes digitally.
Ha ha ha...sharks got it wrong!
Much to the chagrin of the original owners, this was, in fact, a poor execution strategy. Sure, they might've been acquired by BIC, but it was a solitary sale which doesn't equate to peanuts in that industry. The only reason BIC bought it was because they knew they were the only players in that medium to carry it until it eventually dies. If anything, this was just a short-term play to diversify their portfolio of skus. Asinine product. Used one myself and I can tell you it becomes exponentially more difficult to write with every additional cleansing. Pens are a joke, and the app works only 20-25% of the time.
5 dumb sharks on that day!
What's wrong with a white board or better yet a low price tablet
They’re just copy catting!
No forethought on the sharks end
Bic will lose a lot of 💸💰💸💰 on this deal! I guarantee it! It is gimmicky and an app could easily replicate it.
Elon joined
Honestly Barbara should just leave the show lol