Kevin is definitely my favorite. He's funny and usually a good sport when he loses a deal. He doesn't back out of a deal so quick compared to the other sharks and he's usually straight to the point.
@@AQHackAQ exactly. If it were me, and someone said you can’t talk to other sharks or I’m out, I’d be like “F U. I decline your offer no matter what, let me actually listen to every other offer first.” Here on this platform after years of struggle and I don’t even get to hear what every shark there has to say? GTFOH
Bruh he offered a better deal with less equity first so robert placing a worse deal is greed... honestly its never a good idea for a entrepreneurs to take a higher equity deal...its not like you only want to operate the company for only a couple more years where royalty is going to drain you out...giving away high equity is just a bad choice if your business can double,triple valuation in a few years
Barbara: hi, I'm out bc the pitch was too good to b true, and these guys r way too smart for me. 🤦♂️😤😡 Seriously, I cannot stand this👆 bitch. Literally the stupidest fish on shark tank 😡😡😡😡😅
except royalties are literally the greediest business offer you can do. It guarantees he will get paid first instead of sharing any of the risk at the bottom like a regular equity offer. Robert could lose his whole investment while Kevin actually screws the company and lowers their margin to pay him first.
@@crazypato3752royalties essentially stay forever. Think of a musician who wants to release their album and get growth fast, and the record label essentially says “we will take 15 percent off every single sale you make forever, for a slight chance to get a smaller short term growth.” Yeah it might seem appealing in the short term, but in the long run, their contribution will mean essentially nothing to you, and for them, they will always profit no matter how good or bad you are doing. Hope this helps.
I don't know why people don't go with Kevin more. He's always on the news. Saying something about whatever someone wants to question him on and is constantly name dropping brands.
His offers are often confusing. He is almost always lending money for certain interest, then ask for smaller percentage of the equity in the company and also royalties. Most other sharks are straight forward. They just offer the money for a certain percentage of equity in the company and if they win, they all win if they lose they all lose. I don’t know which one is better or worse, but the offers from others are lot more straight forward than Kevin’s.
@@yugandharbeesetty905 because they are all worse. The royalties are not as big a deal as equity is, when you get to a point of being bought out by a larger company. And he’s right about that. I love Kevin, I hate his politics completely but man, he’s a solid guy.
@@yugandharbeesetty905 They aren't "worse", they're actually smart from an investor's perspective. The reason Kevin almost always offers royalty is because it's straight cash flow... a much quicker way to get his investment back. There's always a risk that a product/service isn't successful, therefore the equity side carries that liability since you become a partner of that business. This is also why there are sometimes contingencies on the offers. Equity and Royalty essentially go hand in hand, as they're both technically in perpetuity. There's an advantage/disadvantage to either side.
I get the sense that Kevin sometimes comes across as more of only an investor, wanting to make money with them, while the other sharks actually bring more to growing the product.
chas766 Hes a greedy asshole just like the others, even though these bozos are worth dozens of million of dollars and Cuban over 1B.....sometimes they take advantage and ask 50% from these peoples company that are just trying to get ahead and need help to get there,and their reason is always "Ohh i need 50% because this will require more time and effort from me" but of course,they always try to fuck the little desperate vulnerable person they see in front of them....including that asshole Robert.
@B Jordan I wouldnt call it a shame,its just plain robbery in my opinion...that broad is worth over 90 million dollars,and yet these leeches literally take advantage of these people needing an extra hand with their company
I always think about this episode lmao, Robert: “I’m not worried about getting my money back, you guys are gonna make it” 10 seconds later, Also Robert: “No, no I think there’s an element of risk there” 🤣🤣🤣
Both can co-exist. You can think someone is going to be successful and still acknowledge that just because *you* think it doesn't mean it's guaranteed to happen.
i dont know why a lot of people underestimating her, sure her networth is only 50 million usd but youll be shock how much value all her properties have when combined. a whooping 6 billion dollars.
@@technus147 $6 billion is not her money. It's the company's, she is $100 million rich now. TBH, these people in Shark Tank are all small time businessmen when we compare it to American Standards, there are hundreds of giants there that would make Mark Cuban look like a small time street vendor.
The problem with royalty is you can't optimize price without destroying your margin because you lock in a number instead of percent. It makes it way harder to manage your demand to price curve
That is so cool, she does seem like she could be a teacher, saw another comment that said she was a math high school teacher so that’s cool too, and well she must be great with numbers and stuff she is also very pretty and seems nice
He does though that's why he goes with royally and a small % of the company. 1.50 per sale is nothing. Why give out more % of your company? it is crazy.
He could’ve countered Kevin’s royalty value and I’m sure Mr. Wonderful is more flexible than Robert. Also, what people don’t realize is, even if in perpetuity, the value of that fixed royalty is only gonna go down, whereas the value of that 15% equity is only gonna go up. You gave up 10% over what you wanted to offer for the same price as the initial offer.. and people think Kevin’s deals are the worst for involving a royalty structure 🤦♂️
No but royalties are an expense on sales. So regardless of how the product does, they have to pay the royalty instead of using the money to reinvest in the business and growing larger. Royalties will slow down growth.
This is the Schick injector razor which has been around since the 1920s I am stunned that everyone is so interested. It has always been around Schick still makes the blades themselves. Strange
Can someone clarify what exactly is proprietary about this product or the business? My father has had the same single blade, reusable razor since before I was born. How is this any different than that?
Why does there always have to be one Shark that ask, "So what you going to do"? Like dude, give then 3 seconds to decide, it's just the biggest decision they'll make in their life.
Never ASK for someone to negotiate against themselves ie. "would you be interested in maybe going up in your investment for that 15%" as this guy said here. Any half-decent salesman will always say no to this.
The problem with the tank is these companies make their numbers public. If there are any mis understandings, it could reflect poorly on the company. For example, did I hear correctly that the razor will cost them less than $10 landed? How is it so inexpensive to make yet it costs so much? I wish there was some clarification on that.
I've got a 100 million dollar idea. Smart mirrors. The mirror is also a touch screen or there can be a control pad attached to it on the side that allows the person standing in front of it to customize how their look will be so they can see the results before hand and decide if whether or not they like what they see. I imagine that it would be much more popular with women than with guys because they care a lot more about their appearance
@@andrew09808 Ah man... Someone beat me to it :( And that's the first idea I've had that actually has some realism. Not like my billion dollar idea that would be a device that can rapidly turn salt water into distilled water instead of having to steam the salt out of it.
@@flappyDAchicken Son of a gun... What about nano technology that you spray from can (like spray paint) that prevents substances like dog fur or water from either sticking to your clothes or being absorbed so it will just fall to the ground?
What was truly the better deal here? I’m trying to weigh the pros and cons. As Mr. Wonderful said, his interests are tied to the company as the more they make the more he makes.
Robert's one was the best to grow the company. You need all of these profits. It doesn't really matter to give up a constant part of the company you can buy back later. What matter is that you get there way faster. Kevin wants his money back, at the expense of growth. It's more sensible in terms of his own risk management.
Robert: im certain youre gonna make it
Guy: can you go up on the money?
Robert: no too risky
Right? Good catch, I didn't notice this but it's spot on.
LOL
😂😂😂
@Andrew Smith "Im not worried about getting the money back"
Slippery Johnson that’s why I don’t really like Robert. I like to play devils advocate about him
Mark saying “HA” after Kevin says he hates greed is hilarious lol
That Mark would say it makes doubly so, right?
It’s all edited to create a show.
Kevin is definitely my favorite. He's funny and usually a good sport when he loses a deal. He doesn't back out of a deal so quick compared to the other sharks and he's usually straight to the point.
yeah I like that he doesn't do that stupid "you talk to the other sharks I'm out" thing, or at least I haven't seen him do it
Yeah and i dont know why so many times poeple don't take his deal, even if its the better one
@@AQHackAQ exactly. If it were me, and someone said you can’t talk to other sharks or I’m out, I’d be like “F U. I decline your offer no matter what, let me actually listen to every other offer first.” Here on this platform after years of struggle and I don’t even get to hear what every shark there has to say? GTFOH
@@AQHackAQ exactly I agree
@@TheAudioman15 I agree, unless it’s Mark Cuban he usually gets away with it 🤣
Kevin every time another shark offers something: I hate greed.
it will never catch on too many barbera jokes overshadow any other jokes, and for that reason I'm out.
LMAOOOOO I KNOW HES SO FUNNY
Bruh he offered a better deal with less equity first so robert placing a worse deal is greed... honestly its never a good idea for a entrepreneurs to take a higher equity deal...its not like you only want to operate the company for only a couple more years where royalty is going to drain you out...giving away high equity is just a bad choice if your business can double,triple valuation in a few years
yeah, it is ridiculous and funny because on other episodes he makes extremely similar offers. I've seen him make 50% or 33 1/3% offers before.
@@lydialutz comparing business is c omparing apples to pears. this business was already doing well so the equity is worth more and risk is less.
Out: hi i am barbara
Barbara: hi, I'm out bc the pitch was too good to b true, and these guys r way too smart for me. 🤦♂️😤😡 Seriously, I cannot stand this👆 bitch. Literally the stupidest fish on shark tank 😡😡😡😡😅
@@eyang7 wake up buttercup, it's an act.
Lmfa0
LMAO every video of shark tank I’ve seen on here has this golden meme in the comments I love it😂😂
@@eyang7 She isn't no Shark, she's more like an Electric Eel.
Kevin is the friend who acts weird but really cares about you, you can see how he helps everyone get better deals
except royalties are literally the greediest business offer you can do. It guarantees he will get paid first instead of sharing any of the risk at the bottom like a regular equity offer. Robert could lose his whole investment while Kevin actually screws the company and lowers their margin to pay him first.
@@sws212why are royalties so greedy ?? I know the term just because of the McDonalds stoey
@@crazypato3752royalties essentially stay forever. Think of a musician who wants to release their album and get growth fast, and the record label essentially says “we will take 15 percent off every single sale you make forever, for a slight chance to get a smaller short term growth.” Yeah it might seem appealing in the short term, but in the long run, their contribution will mean essentially nothing to you, and for them, they will always profit no matter how good or bad you are doing. Hope this helps.
I don't know why people don't go with Kevin more. He's always on the news. Saying something about whatever someone wants to question him on and is constantly name dropping brands.
Yh but you're bleeding your profits.
His offers are often confusing. He is almost always lending money for certain interest, then ask for smaller percentage of the equity in the company and also royalties. Most other sharks are straight forward. They just offer the money for a certain percentage of equity in the company and if they win, they all win if they lose they all lose. I don’t know which one is better or worse, but the offers from others are lot more straight forward than Kevin’s.
@@yugandharbeesetty905 because they are all worse. The royalties are not as big a deal as equity is, when you get to a point of being bought out by a larger company. And he’s right about that. I love Kevin, I hate his politics completely but man, he’s a solid guy.
@@yugandharbeesetty905 They aren't "worse", they're actually smart from an investor's perspective. The reason Kevin almost always offers royalty is because it's straight cash flow... a much quicker way to get his investment back. There's always a risk that a product/service isn't successful, therefore the equity side carries that liability since you become a partner of that business. This is also why there are sometimes contingencies on the offers.
Equity and Royalty essentially go hand in hand, as they're both technically in perpetuity.
There's an advantage/disadvantage to either side.
I get the sense that Kevin sometimes comes across as more of only an investor, wanting to make money with them, while the other sharks actually bring more to growing the product.
Does anyone respect robert? I hear him give people what they want and they still don't pick him. Good for him to get a deal.
chas766 Hes a greedy asshole just like the others, even though these bozos are worth dozens of million of dollars and Cuban over 1B.....sometimes they take advantage and ask 50% from these peoples company that are just trying to get ahead and need help to get there,and their reason is always "Ohh i need 50% because this will require more time and effort from me" but of course,they always try to fuck the little desperate vulnerable person they see in front of them....including that asshole Robert.
They don't see him as having connections or even a track record of successful businesses.
Juan Fuentes the show is literally called “shark” tank
@@JuanFuentes8492 you need to watch UK dragons den. It's 10x worse than this where they give derisory offers to investors
@B Jordan I wouldnt call it a shame,its just plain robbery in my opinion...that broad is worth over 90 million dollars,and yet these leeches literally take advantage of these people needing an extra hand with their company
I always think about this episode lmao,
Robert: “I’m not worried about getting my money back, you guys are gonna make it”
10 seconds later,
Also Robert: “No, no I think there’s an element of risk there”
🤣🤣🤣
Both can co-exist. You can think someone is going to be successful and still acknowledge that just because *you* think it doesn't mean it's guaranteed to happen.
At least Mr. O'Leary is a good sport about it.
@Cake0001 Cuz that is the way lol
He gives the most interesting offers, and let's them hear other offers, unlike Mark's Totalitarian ass.
Hi sorry Barbara couldn’t make it. I will be representing her. She’s out.
This joke is seriously under rated...
i dont know why a lot of people underestimating her, sure her networth is only 50 million usd but youll be shock how much value all her properties have when combined. a whooping 6 billion dollars.
didmt realize she wasnt even here lol
@@areaofeffect100 how can her networth be 50 mill if her properties are 6 billion????
@@technus147 $6 billion is not her money. It's the company's, she is $100 million rich now. TBH, these people in Shark Tank are all small time businessmen when we compare it to American Standards, there are hundreds of giants there that would make Mark Cuban look like a small time street vendor.
This joke is over used, and for that reason, I’m out.
Is Yeboi best one I’ve seen
Hey Jenny!
Didn’t see that comit
Yeah it sucks
😂😂
Kevin clearly has the most patience and the turtle travels a long distance in its lifetime
"I've never seen such greed"
Said by Kevin every episode
Mark: *HA!*
Barbara: this looks like a great business that we could both make a fortune with, and for that reason , I’m out
Seriously. Barbara is literally an idea fish on shark tank 😡 😅
These stupid Barbara jokes stopped being funny ten years ago!
I love when Robert gets a deal.
Tiberius Hassius You spoiled the ending of the video, for that reason, I’m out.
Tiberius Same. Me too!
Fritz Musterman LOL
Mark is the best
@@akatosh2795 Dont read the comments before watching the video. lol
The problem with royalty is you can't optimize price without destroying your margin because you lock in a number instead of percent. It makes it way harder to manage your demand to price curve
This was my geometry teacher my freshman year (:
Seriously?
Same in 8th!!!
The guy or the chick?
Same ☺️
Same! Although they kicked me out of class and hurt my feelings by throwing my papers in the bin geometry wouldn’t have been the same without them 🧼
I love their razor. I am happy they exist as a company
"I'm not on this episode, so for that reason, I'm out" -Barbara
🤣
She wasn't there this episode because she and I were out on a date. I'm working on being her third ex-husband. I ❤ love my Barbara. ❤
@@tj.espygil4544 bruhhhhh😂😂
You pitched a product and for that reason I’m out - Barbara
Robert “there’s an element of risk” Herjavec
Why is this one episode on my UA-cam home page 24/7 😂😂 I must have watched it about 100 times 😅
I’m happy Robert got a deal on this one!!!
This guy was my math teacher in prison
LOL
Wait, really?
Barbara is not even in the episode, yet all I see are Barbara jokes in the comments.
I've had enough of all of the Barbara jokes here. For that reason, I'm out.
ambidextrousfapper you can’t take a joke, and for that reason I’m out
ambidextrousfapper 🗿
Robert "ik you guys are gonna make it"
Owner "Robert would you give us more for that equity percentage
Also Robert "Theres an element of risk there"
That's a negotiation tactic. Its easier to say that instead of "I don't want to spend that much money".
there's always risk. unrelated, like Hockey analyst Eddie Olczyk always says "you miss 90% of the shots you don't take"
I love my Supply razor, use it all the time.
robert used a good startegy he made them think kevin's deal is very costly and while him being a costly one.
Mark, suits are 🔥
This guy was my math teacher in grade school
that was my 6th grade math teacher !!
Yeah
That is so cool, she does seem like she could be a teacher, saw another comment that said she was a math high school teacher so that’s cool too, and well she must be great with numbers and stuff she is also very pretty and seems nice
If entrepreneur was so fine with “giving up more of my company” why didn’t he just counter Robert with a higher valuation and 20%???
I believe that was 15% comparing to Kevin’s offer, which was 5% equity but stuck with perpetual royalty. Hence the giving up more bit
He was reffering to the fact that he is fine with giving 15% rather than 10% which is what he came in the tank asking
Robert is the most genuine shark. He seems like a genuinely nice guy!
@Joshua Palm yes kind of
I initially thought that too, but I hear that he's different off camera.
@@tj.espygil4544 I can definitely see him having a mean side. Ever notice when he gets real serious and gives an evil stare?
@@rosesaredainty5638 Yes. It also seems that a lot of times he looks that way when he loses a deal.
@@tj.espygil4544 this an example of celebrities. Everyone acts on camera. The true self is like a second face.
Kelvin: I hate greed.....I hate greed
Mark: huh
1:29 come on kevin! You hate greed?😂
He does though that's why he goes with royally and a small % of the company. 1.50 per sale is nothing.
Why give out more % of your company? it is crazy.
Kevin doesn't have an ego like the other sharks... hats off to his sporty behaviour
He could’ve countered Kevin’s royalty value and I’m sure Mr. Wonderful is more flexible than Robert. Also, what people don’t realize is, even if in perpetuity, the value of that fixed royalty is only gonna go down, whereas the value of that 15% equity is only gonna go up. You gave up 10% over what you wanted to offer for the same price as the initial offer.. and people think Kevin’s deals are the worst for involving a royalty structure 🤦♂️
No but royalties are an expense on sales. So regardless of how the product does, they have to pay the royalty instead of using the money to reinvest in the business and growing larger. Royalties will slow down growth.
They gave up 5% more than they wanted to, not 10%. They came in offering 10%. Kevin lowered it to 5% in his offer. Robert increased it by 5% to 15%.
Kevin was smart in his offer, he'd have made more than his investment back straight after the show aired
Kevin is a legend!!
I feel like every time Kevin makes a genuine offer, the entrepreneurs always pick someone else.
1:28 Mark is like, nice mirror.
This is the Schick injector razor which has been around since the 1920s I am stunned that everyone is so interested. It has always been around Schick still makes the blades themselves. Strange
Barbara: Hey Jenny dear, put something nice on you, we're both out!
Lori iconic fake laugh has me dead lmaoo
No one:
ABC manager: give them something by giving them nothing.
The amount of times I see these deals, I think I deserve a deal with a shark too
Them: Take my whole company for a dollar.
Barbara: The valuation is ridiculous and I'm out, and for that reason I'm Barbara.
Love this product and the honesty of the inventors altjoughbits not a new invention. The product was based on a Schick injector razor
Mrs. Coddou!!! Omg that’s crazy
Robert is the most decent shark. He is very fair and respect people
I use this product, its AMAZING!
ABC should at least a 10 sec overview of the product
Robert's joy after getting an offer...
0:54 more of “your” company, she says...
Can someone clarify what exactly is proprietary about this product or the business? My father has had the same single blade, reusable razor since before I was born. How is this any different than that?
All Robert ever says on this show is ..“ Wow “!
Why does there always have to be one Shark that ask, "So what you going to do"? Like dude, give then 3 seconds to decide, it's just the biggest decision they'll make in their life.
Lori: grats guys
Mark: wait that's my line
Of COURSE Kevin talks about royalties lol
Never ASK for someone to negotiate against themselves ie. "would you be interested in maybe going up in your investment for that 15%" as this guy said here. Any half-decent salesman will always say no to this.
Kevin is always very Crafty. Lol
All the comments are just about this being people’s math teacher lol
02:26 Seems that's the real laugh of lori!
Nobody :
Mark : HA!
Barbara: Im out
Kevin: offers deal with a royalty
no one isn't paying attention to that dude's head size??
the deal never closed
I just come here for the Barbara jokes 🤣
Kevin's offer makes a lot more sense nowadays
Kevin hates greed like I hate showering.
I’ve never seen people say to the sharks I’ll give you one last offer and then I’m going with Mr. Wonderful.
The problem with the tank is these companies make their numbers public. If there are any mis understandings, it could reflect poorly on the company. For example, did I hear correctly that the razor will cost them less than $10 landed? How is it so inexpensive to make yet it costs so much? I wish there was some clarification on that.
welcome to capitalism
This guy was my womens swim teacher
Them canadians went at it lol
He ruined it by saying he was willing to give up more of the company. No negotiation will work after that.
I've got a 100 million dollar idea. Smart mirrors. The mirror is also a touch screen or there can be a control pad attached to it on the side that allows the person standing in front of it to customize how their look will be so they can see the results before hand and decide if whether or not they like what they see. I imagine that it would be much more popular with women than with guys because they care a lot more about their appearance
@@andrew09808 Ah man... Someone beat me to it :( And that's the first idea I've had that actually has some realism. Not like my billion dollar idea that would be a device that can rapidly turn salt water into distilled water instead of having to steam the salt out of it.
@@tommoore2012 If you really think this is a million dollar idea, why would you put it out there for anyone with money to steal lol
@@jbazile6873 Lol, because I have zero of the skills necessary to make something like that and not to mention I'm just to lazy.
@@tommoore2012 ehhh, those filtration devices also exist, they can't be implemented because of debate over whether they harm the oceans ecosystem
@@flappyDAchicken Son of a gun... What about nano technology that you spray from can (like spray paint) that prevents substances like dog fur or water from either sticking to your clothes or being absorbed so it will just fall to the ground?
Robert never has wiggleroom. They should have taken kevins deal
Me. Wonderful took it well. Without him the show is boring. Great show. Everyone is priceless super awesome and I learn a lot as well.
“and for that reason I’m Barbara”
They communicated telepathically on national television 😂 2:10
Editing my dude.
ABC, didn't forget to leave the pitch out!!
Barbara: we breathe air and for that reason, I'm.....
Invisible
I'm waiting for Barbara to fly out with her broom ... She hasn't arrived and for that reason she's out.
I can't make up my mind.
barbera is the Spongebob in the chair meme.
What was truly the better deal here? I’m trying to weigh the pros and cons. As Mr. Wonderful said, his interests are tied to the company as the more they make the more he makes.
Robert's one was the best to grow the company. You need all of these profits. It doesn't really matter to give up a constant part of the company you can buy back later. What matter is that you get there way faster. Kevin wants his money back, at the expense of growth. It's more sensible in terms of his own risk management.
Royalty is not bad if you calculate which porcentage of the Royalty is in proportion of the Equity payments
God I love Kevin.
I would have gone with Kevin's offer.
Robert reminds me of jason bateman
Kevin: I have a royalty deal.
entrepreneur: F off.
Does anyone ever take the royalty deal? I haven’t seen one in a long time
I love Mr. Wonderful!!😍😍😍
That’s going to cost them big time for not picking Kevin
Love Lori’s fake smile at the end lol
I wanted to hear Robert's snarkey remark
Take the royalty deal then make your product bigger and more expensive
the woman looks like Nancy from stranger things
Yeah. Weird
Mark in the whole video: HA