| Author |
Message |
Colordeagua
Member
10-24-2003
| Friday, October 26, 2012 - 5:21 pm 
Big bidding war by the sharks for the Scrub Daddy.
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Roteach
Member
06-01-2003
| Friday, October 26, 2012 - 5:34 pm
Just read their web page. Hope one of the Sharks got in on this product.
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Saggkl
Member
07-16-2002
| Thursday, November 08, 2012 - 9:20 pm
They changed the Shark Tank time. Now its against to many of my favs.
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Colordeagua
Member
10-24-2003
| Thursday, November 08, 2012 - 9:39 pm
This had the sharks in a bidding war last Friday. IIRC, guy came in and asked for $90,000 for 5%. Most of the sharks liked his product big time. One shark offered $1MM (yes, $1 million) for more, but still not a huge percentage. Other good offers too. The guy was smart, but thought he was smarter than the sharks. NOT. Ultimately he lost out on the $1MM and a $900,000 offer. He went away with pretty much only what he asked for in the beginning due to his own stupidity and arrogance.
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Konamouse
Member
07-15-2001
| Thursday, November 08, 2012 - 11:09 pm
Daymond tweeted his frustration about that guy, "FYI: this pitch took over 2hrs!!! That's y I got so angry with his crap! #SHARKtank"
https://twitter.com/TheSharkDaymond
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Colordeagua
Member
10-24-2003
| Friday, November 09, 2012 - 8:04 am
The guy was getting these great offers -- two in particular. But then he'd ask the sharks if anyone wanted to better the offer(s). Sharks kept telling him to accept an offer or not. He would not commit. Paraphrased, "Anyone have another (better) offer?" So then sharks started withdrawing the really good offers. He ended up getting pretty much only what he asked for in the beginning. So he was basically a looser.
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Willwillbee
Member
09-20-2001
| Saturday, November 10, 2012 - 12:46 pm
I think the fellow that turned down the million dollar offer just wanted the free advertising that appearing on Shark Tank would bring. He was already on QVC & in stores & making money.
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Colordeagua
Member
10-24-2003
| Saturday, November 10, 2012 - 2:04 pm
I think it was QVC and only one store -- Wal-Mart. I don't shop at either, so hadn't heard of the item. Just looked on Amazon -- not there.
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Karuuna
Board Administrator
08-30-2000
| Saturday, November 10, 2012 - 2:25 pm
He did eventually take the offer, so I do think he wanted help. He just thought a lot of his 'negotiating' skills, but apparently he hasn't watched the show - 'cause there isn't much negotiation!
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Gidget
Member
07-28-2002
| Saturday, November 10, 2012 - 8:22 pm
I love this show but had no power last Friday. I rarely use ondemand but Colordeagua's post 11/8 piqued my curiosity. I'm glad I watched it.
I do think the Sharks are willing to negotiate with people who "get" it.
There seem to be two ongoing problems with the chum. A lot of them don't have a full picture of business. Some have none. Some have partial. And the smart ones recognize this and try to be honest about it without looking like total amateurs.
The second problem is with valuation. If they start from a ridiculous valuation, there really isn't anywhere to negotiate.
Mr. Princeton had a big problem with valuation and to make things worse, thought he could trick the sharks into getting to his mystery valuation. It was ludicrous.
And there is one more problem I have been seeing lately. Advisors who are doing more harm than good. I felt bad for the guy who got a valuation from his professor then called the guy to discuss the shark's perspective. Old Mr. Sitting in an Ivy Bordered office advised him to not back down an inch. He walked out with nothing.
Oh and there is no way I would pay $5 for a tin of those Granny candies no matter how much I would like to try them. I am seriously addicted to Altoids and I won't buy them above $2.29 and that is only when I am really desperate.
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Colordeagua
Member
10-24-2003
| Saturday, January 26, 2013 - 12:13 am
One of the sharks, Robert Herjavec, is going to be on Jeff Probst Show next Friday, February 1. I like him and Barbara and sometimes Mark Cuban and Daymond John. Kevin "Mr. Wonderful" O'Leary, you're dead to me.
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Pippin04
Member
10-26-2007
| Sunday, January 27, 2013 - 8:45 am
Kevin is going to be at our Chapters bookstore on Wednesday to promo his book. Hubby wants to go but I am afraid there will be a fistfight as he hates Kevin.
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Karuuna
Board Administrator
08-30-2000
| Sunday, January 27, 2013 - 10:30 am
My DS and I watch this show together, and we still love it. Not so fond of Mr. Wonderful, but I wonder if he's actually nicer in real life and just plays it up on the show?
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Colordeagua
Member
10-24-2003
| Sunday, January 27, 2013 - 11:23 am
I really do like the show and the various shark personalities. Cheap one to produce for ABC.
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Pamy
Member
01-02-2002
| Sunday, January 27, 2013 - 12:01 pm
I think Damon can be ruder than Mr W. I love them all! The one on the end rarely invests
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Karuuna
Board Administrator
08-30-2000
| Sunday, January 27, 2013 - 12:07 pm
Robert? He's pretty careful, but often when he does bite, he loses out to others.
Damon can be rude too, but he doesn't consistently proclaim how it's all about the money, which is what makes Kevin seem so cold.
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Gidget
Member
07-28-2002
| Sunday, January 27, 2013 - 12:25 pm
I don't think Damon is rude, I think he is blunt. He bails early if he thinks he cannot add value. And when someone is being ridiculous he isn't afraid to say it. Since I hate PC, I really like Damon for that.
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Pamy
Member
01-02-2002
| Sunday, January 27, 2013 - 2:32 pm
yes, Robert. Well, on this show it really is all about money  Mr W actually cracks me up, I guess I dont take him too seriously. How can I take someone too serious that refers to himself as Mr Wonderful haha
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Colordeagua
Member
10-24-2003
| Friday, May 10, 2013 - 9:55 pm
Last week Mr. W kinda got socked? He looked just a little deflated. I don't remember what the dollar amount involved was or what proposed business was, but Mr. W offered dollar amount for 30%. Mark Cuban offered same dollar amount for 35%. There wasn't any discussion about what else Mr. W or Mark could bring to the agreement. Offers were the same except for percentage. The "inventor" (or whatever) chose Mark Cuban. He can be difficult too when he offers, but I'd still prefer to work with him than Mr. W.
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Colordeagua
Member
10-24-2003
| Saturday, March 08, 2014 - 9:37 am
Interesting show tonight -- first and last products pitched. Interesting how deals were finally made. Last deal, inventor made a deal with Mark Cuban.
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Jewels
Member
09-22-2000
| Saturday, March 08, 2014 - 10:40 am
I didn't see the end of the segment with the guy with the bike lights? What happened with him? Did he get a deal?
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Kookliebird
Member
08-04-2005
| Saturday, March 08, 2014 - 10:46 am
I just knew that Mark Cuban was waiting for everyone to bail out of the final guy's product (some kind of shoe laces) As soon as the guy countered, Mark jumped in for the deal. I actually thought Mark would make a good partner for him.
On the bike lights, he got a deal with Robert. Mark jumped all over the guy because when the Robert offered double for the same equity %, the guy didn't get all excited. Mark said that he was only there for exposure, not to get a deal. Robert said that he didn't see it that way. It was kind of weird. I was wondering if something happened to Mark in the past on Shark Tank that made him think that is what was going on.
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Colordeagua
Member
10-24-2003
| Saturday, March 08, 2014 - 10:53 am
Re the bike lights "haggling" for a deal. Usually all the sharks, including Robert, will go after inventor for not accepting a good deal right away when it's offered. Inventor wants to wait to see if any other offers first. So this time Robert understood the hesitation. That I don't get. What was SO different about this inventor as compared to others that it was OK?
Sometimes (all the time?) I really do not like Kevin. $$$ is the only thing that matters to him. OK. I don't like him.
I was kind of interested in the shoelace things. Tried googling. Sold on Amazon. Looked at reviews. Generally kinda good, but one comment was something that Laurie asked about. I'll pass on those, but there are another kind of laces, Lock Laces, that could be interesting. Probably will order those with my next Amazon order.
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Pamy
Member
01-01-2002
| Saturday, March 08, 2014 - 12:17 pm
this show is like a million dollar commercial for these products. I can see more people in the future not taking offers, they just go on for exposure like Cuban said
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Colordeagua
Member
10-24-2003
| Saturday, March 08, 2014 - 1:46 pm
True! Then I (anyone interested) goes to Amazon to see if it's being sold there. Depending on the product, often is. Reviews had better be good.
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