Mr. Wonderful Offers A Creative Deal To Honeyfund | CNBC Prime
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- Опубліковано 11 вер 2024
- For newly wed couples honey moons can be expensive, that's where Honeyfund comes in. Honeyfund lets couples "crowd-gift" their dream honeymoon. They've already helped hundreds of thousands of couples and raised over $200 million in gift funds for users. Don't miss it on "Shark Tank" TONIGHT at 8P ET on CNBC!
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Mr. Wonderful Offers A Creative Deal To Honeyfund | CNBC Prime
"here's the best part, after that I'm gone" -Kevin O'Leary
You give up nothing
Kevin knew that just appearing on Shark Tank would boost up sales and would get his money back quickly. Smart move.
Wow Kevin s offer is soo satisfying and he knew it wasn't a proper business so he made 3 times his money and he s gone !!! That's bloddy brilliant
He's a smart man.
Loan sharking. He has no interest in the business, he just wants his return. What a crap deal
@@commanderkeen3787 They all want a return. He's not charging interest either. They had so much equity gone already from them. That was a great deal for then.
So even when Barbara try to makes a deal she get her kneecaps blown out by Mr.Leary...Gotta luv Barbara for at least TRYING
@@commanderkeen3787 he did not charge interest. It was not a loan!
Robert also being too picky about the 5% also lost him the deal, When he said they were being too picky about the 5%.
And he came down 20% in 3 mins , Lol
@@mygoldenretrieverdogapu9360 It could have been 30 minutes.. these pitches are 30 mninutes to over 2 hours edited down to 5-10 minutes
I don’t get why Robert even mentions that when for the average person that 5% is huge.
I always wanna hear Mr wonderful 's deals their so creative. Just by watching his deals I've learned a variety of offers and counter offers. Never ever a dull deal
Kevin is SMART. They have/get transactions, he's merely tapping into that cash flow.
CDC : Covid is here and for that reason you can't go out.
Barbara : wait wtf?!!!
Covid got jokes on Barbara 😎
4:05 I thought Barba was going to say she's out when she said she loved them. 😂
Even Kevin was shocked he got the deal
Mr wonderful: “You don’t have any creativity Barbara!”
Lmao I had to pause just to laugh hahahahaha
Kevin has become my favorite shark. it proves never to judge a book by its cover
Exactly. I still remember how much I used to hate him. But I love every single world he say now. Atleast he is exactly what he show.
@@Vinod.2020-k4z very well said man
We used Honeyfund for our wedding last year and loved it!
Lol ....not u need baby fund tooo
Good stuff. People that watch shark tank don't realize several of these companies raise on crowd funding sites too. How I got in On this company, I saw them the last couple of days of their raise while scrolling through various companies. I had alot of my friends use it and they really liked it! They was happy and so was I lol. I was expecting for some not to like it but they all really liked it. Especially since a ton of people used it. When these companies become successful or is successful people get jealous when several of these they could have been part of for next to nothing, Anybody can afford literally.
That was brilliant. Good choice on both sides, but especially Mr. Wonderful's side.
Nah they made a Terrible choice, Mr. Wonderful however will make a lot of money from their bad choice and will not grow their business at all.
@@meankronen8217 their company actually did grow and they made a profit,
@@almercool5 Sure, thats not exactly related to what i said. Still a terrible choice.
7@@meankronen8217 they grew, they are worth 20 Million and instead of giving up 30% (6.7) they gave up 1.2// Yeah this was super smart.
@@ryanmatthew511 You do not get the point at all it actually hurts me.
Almost every company who comes on this show grows just from going on this show, almost every shark can also make you grow regardless of your business on this show since most of them have obvious problems.
With those points stated its not about growing/(not growing), it is about the maximum growth and understanding of the business which we absolutely do not know but it is clear here which shark understands it more.
Kevin:- You don't even have any creativity barbara.
Barbara:- and for that reason I'm out.
Robert's arrogance always takes him out
hold on, i dont want to start out that way, lets meet in the middle at 27 and a half percent.
His response doesn't make sense. If 5% is negligible then he would just agree to it. Obviously it's not.
@@Solidude4 Well its not the sharks who went to the entrepreneur to make a deal, its the entrepreneur who went to the shark to make an offer
@@nickclark18 does not matter. They have other offer and he is benefitting from the deal
He started at 50 % then dropped 20% to equal Barbara's deal but can't drop 5% to close the deal that's soo greedy ... Says a lot about rich people they are willing to fight one another to benefit themselves but can't work together to bring others up
My left ear really enjoyed this.
lmfao guess you shouldn't have played hard ball Robert hahahahaha.
Barbara: I'm in and here's my offer and for that reason i'm out.
@@lukamilas8648 shhhhh. only one person in the world can pull off the name Luka. And buddy it ain't you
@@lukamilas8648 I like how you edited your pathetic failure. Like I said. You can't pull off the name Luka. You've proven it by your sheer stupidity.
@@lukamilas8648 Luka are you a seires killer
I loved how they rejected Robert for the 5%
It was an attitude thing as well
Imagine if he said "No" but was super positive and happy. He played the angry card and it didn't work out.
i was actually rooting for mr wonderful on this 1 his deal was the shizznet
No one: My right ear...
Barbara: I'm out
My left AirPod was really satisfied
Barbara has officially made an offer, therefore I’m out.
First time i heard Mark calling Kevin, Mr Wonderful.. 😊
Lmfao Mark never puts anything on or try anything unless he's sitting, billionaire $hit
Robert's offer was better, but not being flexible in the equity ask, he scared the couple. Nobody wants a dictator 3rd partner
I love Roberts explanation on why their counter offer was ridiculous. Such a great argument
ehh not really
@@nickclark18 It was sarcastic
@@wabit4926 I agree... it was disrespectful and that may be the #1 reason why the dumped his offer. Why would you want to work with someone like that ?
The best part is, it can be turned back on him. "Are you going to argue with me over 5% Robert? That's not a good way to start our relationship."
Why did Mark give Robert that look when he said “Cheers Mark” 🤔😂
Marc always teases Robert.. Robert wanted some leverage in the relationship. That wasn't a friendly cheers and Marc didn't buy it.. That's why...
Robert was being greedy until Barbara made her offer for 30%. I don’t blame them at all for choosing Mr. Wonderful.
Talk about a loan shark 😂
🤣🤣
Yeah but honeyfund today is worth more than 50 million dollars
@@tahamerchant9219 No, their valuation is at around $19 million...
Crazy how they sneaked Mark in a floral shirt and think that they could get away with it
My left ear loved this video
Couldn’t really hear the dialogue but the music was crystal clear
Builds drama. Once you hear the music change, you know it got serious. Not like anyone could figure it out from the dialogue
@@robertandrews6915 ah so it’s like a night at the opera rather than a documentary. Thanks I get it now 😁
Might as well take out college loans if you’re paying it back 3 times
Giving a percent of your company is giving it out in perpetuity
with zero interest..........
They could have gone to a bank and got a better "deal"
Can they not borrow the money from the bank at a lower rate.
Yeah, why did they pick Kevin? Obviously Kevin didn’t think the business would boom.
I think they want the expertise.
The banks often dont give money to things that are speculative like this.
kevin=exposure/celebrity
Lmfao good luck getting $400,000 from the bank in their shoes. It will never happen, which is why they’re on the show
Robert wanted to have control over their company when he heard all that $$$ than matched Barbara who showed how Robert is really going to drive the business down or destroy it on how quick he was to drop 20 percent real fast. His mind didn't seem like he wanted to be part of it but greed. Kevin was the smart deal. And Mark at the end just rubbing it in Roberts face lol.
finally-
Barbara made an offer!
We call this a wedding social in central Canada. Basically a fundraiser at a place with prizes for Raffle and 50/59 draws and drink sales and ticket sales
"You're going to negotiate with me on 5%?" Ok perfect so then deal Robert? If it's only 5%?
That’s basically a loan with a 300% interest rate. Just go to a bank
The bank would laugh in their face; they would never loan that type of cash in this situation
@@NiquidFox Not to mention just being on Shark Tank got them exposure. That in itself will rocket their sales further.
hahaha robert u gave up winning for 5% and got bit slapped
my left ear enjoyed this
Kevin offer makes them bet on themselves like it’s always been
When the sharks heard $200 million, they all came a little
Hoooo yeahhhhhh!
Barbara: This lines right up with my "I'm OUT" portfolio and for that reason I'm out. Oh, before you leave, I just wanted to say I'm out.
That's a bad deal. When someone doesn't own any equity, they are less motivated to work for the company. Kevin is so good at making these greedy deals.
Thats not the point of his deal. His deal is to just let them borrow money and make money in return . He isn't planning on being part of the company.
He legit literally told them he would only be funding and that's it. He's not hiding anything here and being completely honest
Lol what… he gave them 400k. That is a lot of money.. if the business does good he gets more money. If the business does terrible he loses money. You have no grasp of venture capital
Even Mark genuinely call him Mr. Wonderful for this good deal
Mr.wonderful was smart!
They ended up raising on a crowdfunding site after this episode. The minimum investment was like $150. They wanted the average person to be part of their company
With so many couples that are on second marriages, merging two households, this is a smart idea.
yep, soon you'll have many couples on third marriages. but someone's misery is someone's else opportunity
This company is at 380 million in revenue rn...
How are they at 380 million in revenue when they have raised total 500 million for their couples?
@@v2occy809 Raising money is different from revenue
Barbara is not out. I repeat Barbara is not out. Barbara is not out.
Lol dam I thought she said we'll take him talking about Robert
woah i didn’t expect Kevin to get the deal😂
I don't blame them, Mr wonderful give them a loan to pay back WHEN EVER!
he keeps 1/3 till paid off
@@iggypopisgod9 and He is Mr Wonderful 👏
Barbara; 'Mr. Wonderful told me I don't have any creativity and for that reason I'm out.'
Robert Gets OWNED by Kevin O' Leary
Can't believe a multibillion dollar company can't figure out how to make the sound come from both speakers
my left ear enjoyed this.
VALUATION. Honeyfund's YTD 2021 Gross Marketplace Volume (GMV) was $49.25 million, up 209% from 2020. Honeyfund's aggregate 2021 revenue grew to 417% of 2020 aggregate revenues. Honeyfund's aggregate H1 2022 revenues grew to 257% of H1 2021 revenues
I can't believe I used to not like Kevin.
Kevin O Leary is the personification of Capitalism….horrible, disgusting, cruel and pure evil.
@@lukamilas8648 Kevin O Leary is the personification of being real. Everyone is being an armchair critic, with no credibility
@@lukamilas8648 Oblige yourself to stay in Cuba or Venezuela for 6 months minimum, then come back and see if you still stand with that statement.
@@RotneybotOfficial what do you think has destroyed Venezuela? Cuba is an island nation that’s been under sanctions for over 50 years.
@@lukamilas8648 he’s donated the most money for child development and education out of all the sharks
the man cheers to 'cash flow' haha
Good choice - Keep it 100%
The gospel is called the 'good news' because it addresses the most serious problem that you and I have as human beings, and that problem is simply this: God is holy and He is just, and I'm not. And at the end of my life, I'm going to stand before a just and holy God, and I'll be judged. And I'll be judged either on the basis of my own righteousness-or lack of it-or the righteousness of another. The good news of the gospel is that Jesus lived a life of perfect righteousness, of perfect obedience to God, not for His own well being but for His people. He has done for me what I couldn't possibly do for myself. But not only has He lived that life of perfect obedience, He offered Himself as a perfect sacrifice to satisfy the justice and the righteousness of God.
Can anyone explain me how Transactional revenue generates
killer soundtrack @1:25
I'm invested in this now!!! Let's go to the moon!!!
Mister wonderful is the best shark...
I am happy I invested in this company!
What’s up w the audio
My left ear enjoyed this video
Roberts smile reminds me when Homelander smiles and kills people...
first time i see Barbara offered a deal
Not barb actually made an offer nuts loo
do you know how many watches kevin added to his collection with that 800,000$ profit? A LOT
Mark, isn’t happy 😂 … I wonder what the backstory is on his apparent lack of enthusiasm
He didn’t get the flower thing around his neck..
I don't get it. They could have gone to a bank and got the money for 10-12% interest which is way less than what they will have to pay kevin? He'll recoupe 200% more.
I love this idea!
They raised on a crowd funding site shortly after. Pretty much anybody could have afforded the investment. Less than a pair of Jordan's.
Kevin - " Barbara you have no creativity and for that reason, you're out".
Nice jab to Robert there. He was too greedy. Should have taken the 25% deal and he’d have made a lot of money with these folks.
Barbara 💀
I would sooooo use this
Awesome deal
Love Kevin's creativity for making a deal. However some of his deals may backfire on him. Couple of loopholes
Smart!
to cashflow
That's a bite Shark lol
ADD AIR MILE GIFT OPTION?
Barbara:-since I made a offer I am out
so cute lady
Because of the economic crisis and the rate of unemployment now is the best time to invest and make money 💯
Exactly sir
Investing in crypto currency is one of the best chance of making money 💸
Crypto is the future 🚀
Buy gold and crypto
I wanted to trade crypto but got confused by the fluctuations in price
Isnt this the first time a royalty deal happened
That was a stupid decision by them what's in his clause if he can't get his money back is the question that they should be asking themselves
They were profitable and he got his money back.
I love this business
I'm giving someone money so they can go to honeymoon, and I get nothing therefore I'm out.
I've never seen Barbara close a Deal.
I would be deeply offended to have a wedding couple ask me for money.
Nope, no way, I'd say.Get yourself a job. I'll get you a nice gift. That's it.🤗
Hello, you must not be very smart. Isn’t buying “a nice gift” the equivalent of giving your money to the couple? Would love to hear your genius reply to that
@@philipb7227 : no it's not
@@phyllisarrington7436 It is.
That makes no sense lol. It's a wedding gift, ya dingus.
I’m confused. Why?
Why don't the couple just pay for the honeymoon themselves
that will work lol
They made a lousy deal with the worst shark ever! As long as they're happy, that's all that matters! 🤣🤣🤣
That is not true. At all giving up 30% equity for life. mr Wonderful has crazy connections, do not fool your self. They made a brilliabnt choice
no, it's not. You fail to see the long term aspect of it. They don't give up any equity but instead they get funding plus a mentor with lots of connections. Assuming they become successful, they just have to pay him 800k that's it.
bad choice. if they sink kevin will still get his money. after he get his money the future will not be clear for them. they should pick a partner for life. Robert is great at online he would have made them famous.
Why would Barbra go all the way down to 30? If he said 50% you could’ve said 40 and they might’ve taken it rather than his. Or atleast worked her way down. Seems dumb
They didn't want to give up that much % so she lowered it to make it attractive to them