@Bruno Beckett I can see the value in marketing the same instaPortal App on many UA-cam videos. I like marketing but not the same person doing it, for that reason I am out.
@@1tylerose she invests in one hit wonders...things her organization can pump and dump until the next best thing comes by. Her strengths are her marketing ability/existing customer base....So if you say...have a awesome itemfor fathers day...she'll make it happen.
Imagine selling this product to a stadium team or somthing like that, and adding the team logo (with the teams permission) and they sell it making tons of cash.
Definitely do a license deal with NFL, make team specific ones that play clips of old highlight commentary. It would be phenomenal..... Might just steal the idea and use football helmets instead of balls as a work around for the patent🤔
I feel bad for some entrepreneurs here who are selling away a 40% stake in their business in just one funding round without testing the foreign waters themselves.
@@raptor1272 I can ask the same to you. Why don't you like a spoiler? How can you not like a spoiler? It's more enjoyable knowing what happens. I like to skip ahead with some films or TV shows to see what happens, see if it's worth watching until the end.
For those curious company is doing ok, they ventured out of sports and also made avengers bottlepops and since it's election season they also made a Donald Trump pop, personally it feels more manly to me when I open the cap rough and tough way and I wouldn't use the toy looking thing in front of my friends, but I can see this doing good at barbeque and family get together for football matches
I doubt they have any of my countries sports but I'd buy a Sepak Takraw or Arnis (Kali/Eskrima) one. Or if they had a Loki bottlepops I'd be deffo buy haha
The only existing technology was the bottle opening mechanism. The idea of putting a sports ball on top that plays a soundbite was what they came up with.
It seems in shark tank Only Steve and Andrew are here to invest. Rest are just crowd. I love Steve for his enthusiasm and Andrew for his analytical thinking
This idea is genius. And the guys are right. They don't even need licencing if they build the brand. It's a bit like funko pops, there's copies and off brands everywhere. But only 1 funko pop and that's what gets the recognition
they are actually doing pretty well right now. Their revenue went up a lot and the business is good enough for them to license with companies like Marvel....
Just an observation: 95k for 25% made it 3.8k for 1% which both steve and andrew offered. They agreed on 150k for 40% which made it 3.75k for 1%. I would say that was a bad bargain! They should have asked for 180k for 40% or may be 30% for 150k.
Honestly, I was thinking it's a stupid product that no one would buy, not even a kid because they don't need a bottle opener... But then my mind was changed when he mentioned gifters. Some people suck at buying useful gifts so they go to the giftshop and buy a novelty gift like this. I'm sure if they market it to the right niche and sell in the right stores it'll go really well.
Andrew is a great negotiator. He said "im interested in steves 25k for 95 percent.. and you dont want to sell 50 percent to steve and I".. effectively telling them they dont want to give up half there company, and saying you have to make a choice between us.. THEN pitching himself. Masterclass in setting up a pitch in your favor before making an offer.
Eh its more a gag gift than anything. Most domestic beers in the United States are twist off now and i'm not going to spend like $15 on a bottle opener and go a grab it every time i open a beer when i can just my hand.
This is the definition of a fad. Basing an entire business of this is a quick way to losing money Though what do I know since they seem to being doing well with all sorts of licenses.
LoL... people are just gonna mistake the speaker for a normal ball ... and then SMACK! with a racket, club, bat, stick, etc... and there goes the speaker ! 😂
This is not only a dumb product that breaks after 3 uses and doesn't work 50% of the time, but the worst part is that the promotional product industry in the US is already saturated by this same product.
So Steve tell us, what can you bring..?
The 95 thousand bucks and enthusiasm 😂
Refreshing that he didn’t BS like Naomi yabbering on about her “marketing and reach”
Best part is when they made an identical counter offer with what the sharks discussed!
yeah....it was awesome
Sweet l ho
If
ngapain disini be hahaha
@Bruno Beckett I can see the value in marketing the same instaPortal App on many UA-cam videos. I like marketing but not the same person doing it, for that reason I am out.
Naomi is like an audience member with V.I.P pass
LOL
😂
Why is she even there? She never invests in anyone
@@1tylerose she invests in one hit wonders...things her organization can pump and dump until the next best thing comes by. Her strengths are her marketing ability/existing customer base....So if you say...have a awesome itemfor fathers day...she'll make it happen.
i have literally never seen her invest lol
Artists:Naomi ft McGrath.
Name of the song: I'm out.
Album: Forever out(deluxe edition).
Imagine selling this product to a stadium team or somthing like that, and adding the team logo (with the teams permission) and they sell it making tons of cash.
Definitely do a license deal with NFL, make team specific ones that play clips of old highlight commentary. It would be phenomenal..... Might just steal the idea and use football helmets instead of balls as a work around for the patent🤔
I honestly think $15 is a fair price too
They have taken the market now there is every version of it from all sports to marvels
The patent covers the sound in the opener though
Love the way how Andrew validates the offer at regular intervals 😅
I feel bad for some entrepreneurs here who are selling away a 40% stake in their business in just one funding round without testing the foreign waters themselves.
Not really. 60% of millions is better than 100% of nothing
I'm convinced the lady in red has no actual money
Can we not put spoiler in the title
Can we please put the spoiler in the title. It's more enjoyable with it.
Locutus how
@@raptor1272 I can ask the same to you. Why don't you like a spoiler? How can you not like a spoiler? It's more enjoyable knowing what happens.
I like to skip ahead with some films or TV shows to see what happens, see if it's worth watching until the end.
You find out what happens ten minutes (or less) later, does it really count as a "spoiler"? 😂
In future they should title it "woman in red is out yet again"
The way they looked at each other after they told them their counter offer was priceless 😂😂😂
Andrew seems like a nice guy to work with.
For those curious company is doing ok, they ventured out of sports and also made avengers bottlepops and since it's election season they also made a Donald Trump pop, personally it feels more manly to me when I open the cap rough and tough way and I wouldn't use the toy looking thing in front of my friends, but I can see this doing good at barbeque and family get together for football matches
I doubt they have any of my countries sports but I'd buy a Sepak Takraw or Arnis (Kali/Eskrima) one. Or if they had a Loki bottlepops I'd be deffo buy haha
The avengers themed can be used by kids to open soda bottles (if thats still a thing)
I like how they made it out like they invented it over a beer then we found out they basically just took an existing technology
The only existing technology was the bottle opening mechanism. The idea of putting a sports ball on top that plays a soundbite was what they came up with.
08:01 Me : Lets get married..!!
Gf : I like you but i don't love you, hence for that reason i'm out, GOOD LUCK..!
It seems in shark tank Only Steve and Andrew are here to invest. Rest are just crowd. I love Steve for his enthusiasm and Andrew for his analytical thinking
Best part was when Janine bowed out…no one was expecting that 😂
I'm sure that the sounds would get annoying after a while..
This idea is genius. And the guys are right. They don't even need licencing if they build the brand. It's a bit like funko pops, there's copies and off brands everywhere. But only 1 funko pop and that's what gets the recognition
Epic Steve reaction while opening the bottle.
they are actually doing pretty well right now. Their revenue went up a lot and the business is good enough for them to license with companies like Marvel....
They have Deadpool and I am seriously considering buying it!
Love shark tank Australia!!
Naomi: I can see useful applications for it
Also Naomi: I’m out
How is it that the Sharks evaluations always match the Entrepreneurs evaluations every time!
Just an observation:
95k for 25% made it 3.8k for 1% which both steve and andrew offered. They agreed on 150k for 40% which made it 3.75k for 1%.
I would say that was a bad bargain!
They should have asked for 180k for 40% or may be 30% for 150k.
Yeah maybe 170k for 40%. Split the difference between the offer of 150k Vs 190k they were valuing at
Exactly: 95 / 25 = 3.8; x 20 = 76; but they're only paying 75, not 76.
They could use epic moments in history of all sports. The first product I'd consider buying myself
The product literally is so similar to gifting industry and Naomi can't add value to it. Well where can she then?
Exactly what I thought
Like the guys said, we hear a lot about Andrew's network in the US, but how strong is it in reality?
he makes it sound like he's best buds with bezos or something
He's the richest guy in Shark Tank for a reason.
For here in the USA they need to get license from NFL, NCAA, NBA, NHL, MLB, PGA
5:57 uhhh no that's Japanese... ボットルポップス is bottorupoppusu which is katakana for bottle pops
my thoughts as well
all the sharks breathe a sigh of relief when they ask for an investment under 6 figures
They are strong online at least.
Now added spiderman, Trump... stuff too
the music and the dramatic closeups at 8:13 is too hilarious
Theyre 60% is gonna be worth so much with both Andrew and Steve on board
Steve and Andrew will make them success with the networking. Sure i'm enjoy this part
Janine: There's some Chinese (Logo) 5:50
Naomi: For that reason I'm out ✌
Honestly, I was thinking it's a stupid product that no one would buy, not even a kid because they don't need a bottle opener... But then my mind was changed when he mentioned gifters. Some people suck at buying useful gifts so they go to the giftshop and buy a novelty gift like this. I'm sure if they market it to the right niche and sell in the right stores it'll go really well.
Great pitch and an awesome offer by the right sharks. All’s well that ends well.
I think ESports can be a good market for these as well. Anything that has teams and commentators.
I just love Andrew Banks. What a nice guy
They should've asked for half of the money from Andrew and half of the money from Steve for 25%
Ouch Jeanine didn't like being corrected on the Japanese writing
Don’t think she got corrected, if I were investing one of my changes would be to change the logo to something else, looks terrible imo
@@zaydevans2077 I like her all the same but an assumption of it being chinese and them telling her no it's japanese is a correction
Random Rangoon yeah her reaction seemed a lot like “yeah what’s the difference” 🤦♂️
Really likeable guys with a fantastic and unique product that should sell well. Best of luck to them 🙌
Steve never gets a deal by himself
Andrew is a great negotiator. He said "im interested in steves 25k for 95 percent.. and you dont want to sell 50 percent to steve and I".. effectively telling them they dont want to give up half there company, and saying you have to make a choice between us.. THEN pitching himself. Masterclass in setting up a pitch in your favor before making an offer.
Whenever Naomi smirks, you know she's out!!!!!
10:46:
Australia: 50% is a majority share
Everywhere else:
The tops need to be made so they can stay over the bottle when open!!! This would prevent sand, bugs n stuff going into them.
Andrew & Glen are 🐐
Me: Hello sharks, My name is...
Sharks: I wish you all the best. But I'm out.
Has the lady in red EVER invested??
Finally, just a nice simple product and a good deal. Well done.
I’m a big team Andrew fan over here from the US!
Cuban would’ve been ideal with a Mavericks tie up
Is it just me or Naomi always wears same red dress.
How r they doing now?
This is actually an old Budweiser concept with the talking mugs
Go figure Amazon will sell anything. This is a cool idea for a stocking stuffer for the holiday's.
That was awesome!! Haha
Eh its more a gag gift than anything. Most domestic beers in the United States are twist off now and i'm not going to spend like $15 on a bottle opener and go a grab it every time i open a beer when i can just my hand.
I thought they ment 20% total equity for 150 000.... as in a 10% split....
They did.Which is why only Andrew is credited on their website.Steve must have dropped out
@@davecollins9075 woah thank you. Because they looked all cringy at the end. Lol
This is the best counter in shark tank history lmfao
Thx
This could be really cool...
Think different talking heads: Napoleon Dynamite and famous phrases from the movie, and different things like that!!!
Thats one happy pitch! Hope they doing well now with the sales
title grabbed me then i realize it was a spoiler 😭😭😭😭😭
Wow! Smart idea!
100% chemistry
This is the definition of a fad. Basing an entire business of this is a quick way to losing money
Though what do I know since they seem to being doing well with all sorts of licenses.
Today's date: 10/10/20 => 10+10=20
Best one grabbed two top sharks
Steve is he best, I need to invest Koala repellent just so I can meet him
I would buy this for sure.
Guy on the left sounds bloody similar to Jonathan Brown.
Who uses bottle openers any more?? They'll all twist offs now.
Just what exactly is the space Naomi can add value to? Damn, this red baloon lady is just full of hot air.
Service industry
Marketing
Is that Jenny wearing a red dress & a blond wig?
Hi SharkTank I am a big big fan from Canada where can I watch all the Episodes thank you
How can I buy this
the correct answer is YES
pay + tint
The ending 🤯😂
LoL... people are just gonna mistake the speaker for a normal ball ... and then SMACK! with a racket, club, bat, stick, etc... and there goes the speaker ! 😂
How could they sell 40 Percent of their business at this early stage? Then too they should have gone for 200,000 Dollars for 40 Percent.
This product won't last long. So quick growth before it's over
Stephen looks like Hansie Cronje
Super unique product.
But I always enjoy popping the cap off the screw top beers.
So what about Bottle Pop candy?
Why does Steve come off as a lazy investor?
I want one where Can I buy?
I gotta love it , not just like it
The guys:
.... aaaaaannnnnnd ?
Am I the only one who thinks Steve looks a bit like the great Late Robin Williams?
I dont even like sports but I love it
Sorry but you could as well place a doll dressed in red with same sound bytes 🤓😜
Its a neat gift item
This isn’t american shark tank, and for that reason, I’m out.
😂
I personally prefer Shark Tank Oz.... and I'm American.
Aus shark tank shits on the U.S. Version
US doesn't upload full episodes like this channel does so US one can get screwed
I'm American and prefer the US version. I only watch this because the US one doesn't post theirs on UA-cam.
very satisfying :)
Aussie Aussie Aussie !
This is not only a dumb product that breaks after 3 uses and doesn't work 50% of the time, but the worst part is that the promotional product industry in the US is already saturated by this same product.
these guys are more than just business partners
Wow same offer. Meant to be I guess 😁