Mr Wonderful REFUSES To Negotiate With Woosh! | Shark Tank US | Shark Tank Global
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- Опубліковано 24 лют 2024
- Winston Mok is seeking $500k for 10% of his business, Woosh.
From Season 14 Episode 4
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Mr Wonderful REFUSES To Negotiate With Woosh! | Shark Tank US | Shark Tank Global
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Damn, the way Mark said good luck at the end was basically how the guys at Nasa waved off the first monkey getting shot into space.
LMAOOOOO
underrated comment
😂😂
Sheesh! This is easily one of the funniest comments posted on these shark tank videos 😂
Yeah, when Mark says "Good luck" instead of "Congrats guys" you know it was a bad deal. lol
10:09 Mark and Lori's face when they said good luck 🤣🤣🤣 they really do mean it cause he needs it
Woosh is worth 5-6 Million today.
$50M @@ArthurShedsJackson
@@ArthurShedsJackson not that bad
So they didn't sell yet, no ?
I don't want my air filter to have a wifi connection...
Exactly everything doesn’t need to be connected
It’s all games until someone in your house gets sick and you didn’t see it coming. This is great for busy people.
@@vegapreferred9344 😂 what the
@@vegapreferred9344or just change it once a month like you're supposed too.
Wait till your filter gets hacked and you breath in additional pollen because the Russians blocked your "replace filter" notification muhahah.
Says he was motivated to start the company to sell cheaper products after he paid $25, so he ended up making one for $99
25 for shipping!!
@@saraoberrauch "half the cost was for shipping", so the actual product was like $12. Now I just checked on their website and they sell at $140. What a massive difference, no?
@@sleekmedia7623do the replacements cost a lot? Or are free? Might be the value there also the technology. But I get what ur saying lol
@@bruhyoualreadyknows3553 can't be free, that's not sustainable
99 is not just the filter
I eat and watch Shark Tank all the time. I now get hungry anytime I see there’s a new upload. 😂
When I think Shark Tank, I think 🍔🌭🌮🍕🤤
This is so true
Haahhahaha I thought I was the only one
Same
How Pavlovian of you lol
Buy 6 filters. Keep them in a closet or utility room. Set a reminder for every 6 weeks or two months. Change filter when you get notification. Cheap. No convoluted bullshit. This is a dumb product. Only tech nerds will want it to seem cool.
you can argue this for any subscription based services. but the reality is, people still will opt into those services for convenience
Something he didn't mention in his pitch but he mentioned in their Kickstarter is that this product is also for eco-friendly because you're not buying and throwing away a frame each time.
I don’t hvac and we already know systems that let you know the filters are dirtys been around since the 90’s and we have washable filters
i assumed automatic shipment which made it seem somewhat good to me but yeah youre right. Most big companies will only likely do it for another patent in their back pocket
What an antiquated sentiment
Kevin is so brutally honest, it's tough to watch yet funny at the same time lmao
He could counter Kevin with royalty until he recoup his 500k
Kevin wouldn’t do it he would prolly want royalty until he recoups x3 his money.
@perfectbalance7329 even then he prob want way more equity if that's the case
You don’t know Kevin O’ Leary. He doesn’t want to just get his money back. Either he gets a huge profit or no deal.
@@FatherManus yeah but when it comes to royalty he wants x3 his money back plus the equity that is going to give him the big bucks
@@perfectbalance7329 then counter with a royalty until kevin gets 1.5M & 15% equity.. or even 2M, he makes 1.5 million dollars profit and has 15% equity. if the company really takes off i'm sure the end goal would be to sell, then kevin gets 15% of what the company sells for which could be quite a bit. good deal for both parties.
Never EVER agree to ANYTHING in perpetuity except for arriving to work on time
even that is too much lol
Never ever take advice from someone in the comment section.
Why would you agree to get to work on time forever.
I work for hvac and there already are things like this out there..problem with this is no one’s going to spend the money to put this in …. Buy a 4 pack of filters and change them every three months. There’s nothing special about out this technology it’s still the same filter just telling you when to change .
10:03 "Can't work to wait with you"
can't work to work with you 😅
stress
it’s obligatory
10:17 I really thought he said "what a dick" lmao
Said what a day
I did hear what a dick the first time tho
@its.sahilpalsingh Yeah, that's why I said "I thought" not "I think"
@@williamhorn363 but he said what a day
@@Alessandro-mg9oh got me there
kevin knows something to make this pre-revenue offer. not typical for him.
His goal is to exit the company asap
@@unicornopiahe mentioned that the big company that buys them will just buy out the 50 cent a filter, that’s definitely the goal, I just wonder how much that’ll end up being
3:15 man I love this show so much 😂
🤣🤣... always love when Kevin uses the "crushing like the roach" analogy.
Even with patents & big partners, 5 mil valuation for a pre-revenue co. is too much.
That’s why Kevin went for the royalty
This guy doesn't really need a shark now. He needs to keep plugging along.
Its a pre-revenue company. Its going to chunk up the cash at the beginning. Without proper guidance, even smartest products turns into garbage.
@@ExtraMaritalAffairswell said it’s smart to get a sharo
Mr wonderful is never out. Love that man
I feel so happy for the woosh guy, seems like such a genuinely good soul
Rich people don't change filters.
What do they do?
@@jin6000 Pay people to do it for them.
@@rinraiden Yea, and then THEY buy the filters to supply to the rich people, so same thing.
Of course they do. Only the 1% of the 1% live like Bruce Wayne and have butlers do everything. Most rich people are ordinary and do quick chores themselves.
@@caninflor5984 No way is billionaire Mark Cuban washing his own dishes.
I actually think this is a good deal. The royalty is only paid when the product sells. If the Emerson deal is done, that lost $0.50 per unit won’t be significant.
Plus, he retains the 5%.
Royalty deals aren’t terrible, if the shark bags you the $10m or more contract. Both parties are motivated to make it work. If production costs drop, then the royalty is also less significant.
it's also a lot of risk for kevin to take since it was presales
From Roach to Grasshopper. He did pretty good 👍
MARK THROWING SHOTS AT MR WONDERFUL lol
Enjoy your lunch everybody
Just how mark said "Good luuck" while it looked like he was trying to hide 🤣🤣
good luuuck 👀
😂 that was Lori
Shark Tank 2009-2015: “We have $50,000 in sales and our valuation is $125,000.”
Shark Tank 2016-2024: “We have no sales and our valuation is $5 million.”
Kevin never leave shark tank....the heart and soul of SHARK TANK
It's Mark for me saying good luck in a sneaky way so that Kevin doesn't hear him😂😂🤣
Every three months or when you start having trouble seeing through the filter when held up to sunlight. I agree, this probably wouldn’t prompt people to change the filter
I love how its probably not even a sensor, but just a timer ticking when there's current, and it buys you a new single pack of filtering sheets when the timer runs out after a month or so. Also I'm not sure if the first filter he broke off was simply full of dirt or actually filled with carbon(probably just better when its filled with carbon rather than just the sheet)
It probably is a sensor. I once made a project with Arduino using an air flow sensor, they are pretty compact and simple.
They kept grilling his sneakers lol
The product name describes Barbara: whoosh, she was out.
I love Kevin. He is so underrated .
Air filters have not changed, a cotton filter, a carbon filter, and a micro filter.
That is the technology that emergency rooms use.
C.O.G. -about $3 per a filter that lasts 3 months per 1000 sq. Ft.
The government buys these foreign made filters at a premium from china and by the time they have been slapped around on shipping containers for 3 months half of them arrive with active mold spores.
white panda with red band never goes wrong
WHOOSH THAT WAS A CLOSE ONE 😮
a pretty good furnace filter is about $10 US. He is selling one that is $20, and then you have to take it out of the plastic frame and insert the new one. He made a more expensive, more troublesome version of the existing furnace filter.
seems like everything needs to be linked to a smartphone, especially wifi smart refrigerator etc.
BARB CALLS IN: "ALTHOUGH THIS IS MY DAY OFF AND FOR THAT REASON IM OUT "😮
They're called sharks for a reason...
Best part was when Kevin said said in 32 months mark cut him off and said you’ll be broke hahahaha
I feel like these entrepeneurs should take a negotiating class beforehand or something.
He couldve negotiated Kevin's royalty offer to have some sort of cap on it. Instead of being perpetual, make it cap at 3 million or so. Makes it a lot easier to sell to a bigger company when theres a cap to a royalty deal.
Idk why the filter roach thing was so endearing to me
Lori: do you put the filter in?
-yes
-then i’m out.
(“We have no sales , Winston. We have you the sneakers and the 2 patents” ☠️☠️☠️☠️)
Glad he got the deal
Another Mr Wonderful classic
It's funny to consider this technology is used widely everywhere for commercial buildings in BMS systems, doing it residentially isn't that outlandish of an idea. I hope he does well.
Why are their last few videos just reposts of older videos with different titles from months ago?
because it's time for you to find a new show, pumpkin. ❤
what do the sharks do with there suits after the show?
wish i knew what Robert and Daymond are wearing, they're always on point.
Kevin only has one suit and one tie.
10:23 “Kevin fuchs”
Ken
Here is a bigger problem with this idea. Most homeowners are probably having their furnace/AC serviced for routine maintenance before the winter and summer; the service guys will almost always sell you a filter at that time. I change mine twice a year already that way, and I'm sure I'm not the only one.
There’s no reason for a filter to connect to wifi. Just add a sound alarm beep like smoke alarms do.
way worse
Doesn't have to he an obnoxious beep
mac and cheese with a coke!
Pepperoni pizza and garlic bread with apple tango
A spicy mayonnaise cabbage roll and a mustard cookie with black pepper milk.
Someone will build an automatic filter replacement system one of these days, and Whoosh is whooshed. Or a way for the filter to empty and renew itself by dumping contaminants down your drain plumbing. So then you REALLY don’t have to worry about it.
Smart dude.
Robert missed a pun opportunity by not saying "I whoosh you all the best"
Wonder if this deal ever closed.......
Figires a google employee would build a product that automatically orders its own replacement, on your dime.
WOOSH AWAY LMFAOOO ROBERT
Its a good idea but dont see the market off hand. People will just get the reg filters.
The only part I like is the filter frame and folding filter concept. Just takes up less storage space. I dont need the smart function.
@pabbaditya yea I just have a subscription so like only 3 at a time get sent. Then throw away.
Who the heck wants one automatically coming in the mail??
Sounds like a commitment, which I can tell you most Americans hate. I am one of them. Why can’t I just check with my own eyes? And decide if I want another one or not?
“Even Covid” lmao… not how that works..
You mean you can't covid with a home air filter? Why am I still wearing my maaaaaask? 😷
A new filter keeps showing up to my house every month! My house must be really dirty!
Well they are still in business, so it seems to have worked out. Couldn't find out if the deal ever closed though
I check airfilter by myself thank you
Maybe I have no business sense, but if he sells one unit for $99, why is a $0.50/sale royalty such a big deal?
I think its per filter. Not per unit.
i assume it's because that $99 is already being broken up in 99 ways. Transportation, workers, insurance, damages, expansion etc.
we didn't hear his profit per unit. probably factoring in everything at the end, $.50 ends up being significant
Someone who is going to let their filter get black because they never change it is 100% never going to buy a filter that cost $100 and has a $20 replacement when they can buy one for half that price at their local hardware store
Kelvin is the real shark always blood thirsty 😂
He lost me at "automatically sends a notification and replacement in the mail".
I'll check it myself and decide if I need a replacement instead of some subscription based software (that presumably charges my credit card automatically) that's made by a company that obviously wants to maximize profits😂
Please tell me this deal didn't close.
Just go to local home depot or lowes. Get 12 filters for the year. Set calendar every month to change them.out...problem solved
I'm guessing people who can afford such, would like the convenience of it just showing up when it needs too.
The alternative is free and is beneficial to a long life.
It’s called going outside.
It's not brain surgery; change filters when DST becomes Standard Time.
Kevin just boned him. 😂
winston is a dual patent guy with sneakers on XD
If you can't be bothered to remind yourself to replace your filter, you aren't going to act on a notification. Dumb idea. Just set a calendar reminder every season change
I thought it mails the filter automatically
What we eating for lunch?
He got screwed by greed!
my guy bought filter for $30 and think to himself its very expensive and decided to launch his own product.
Then, proceed selling the filter replacement for $20
isnt it better to just buy the one use filter for $30 rather than paying $99 first time.
$99 is for the frame & first filter
every filter they mail you after that is only $20, you will end up saving a bit of money over time & not have to think about your air filter at all.
Nice 👍
I hope he does well 😊
That was a good deal
Such a nice guy
uh... set a reminder in your calender every 3 months...? 😂😂😂
how did that not dawn on any of the sharks???
Y’all should get Master P on the show
Lol
The reviews look very fake, and didn't he complain about $25 filters being too much? His sell for $22 + shipping. Ripoff.
For a one time use filter not a reusable one
Filters can be pricy. Check even big box stores
bro was L on negotiations but he learned on the move
Mark, "Good luck!"
Also Mark inside his head, " Good luck dumbass!" 😂
good deal 👍
Yet he did negotiate
Pretty soon our homes will deem us obsolete.
A smart pet, then smart nanny, then smart owner.
Spoiler: Mr Wonderful did, in fact, negotiate in the end.
I wish someone would over complicate a really simple and useful household item… oh, he has!
Fix your sound quality
Feels like he had no self respect and is afraid of conflict
Bro why would you do royalty for perpetuate. Just say till you get your money back and 10% equity. That’s crazy to me
BUT HE DID NEGOTIATE!
I’m just here because of the short clip. 🤣