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CoinOut Entrepreneur SHUTSDOWN The Sharks & Treats Them As "Equals" | Shark Tank US 

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Jeff Witten is seeking $250,000 for 7.5% of his service that lets you scan receipts for cash back, called CoinOut.
From Season 9 Episode 23
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About Shark Tank: The Sharks - tough, self-made, multi-millionaire and billionaire tycoons - continue their search to invest in the best businesses and products that America has to offer. The Sharks will once again give people from all walks of life the chance to chase the American dream and potentially secure business deals that could make them millionaires.
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CoinOut Entrepreneur SHUTSDOWN The Sharks & Treats Them As "Equals" | Shark Tank US
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23 янв 2023

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Комментарии : 3 тыс.   
@MultiSciGeek
@MultiSciGeek 7 месяцев назад
Sharks and entrepreneur: arguing Barista: 👁👄👁
@YashZauwar
@YashZauwar 3 месяца назад
😂😂
@c4un544n5
@c4un544n5 3 месяца назад
8:56 when they film her looking around lmao
@HieronymousLex
@HieronymousLex 2 месяца назад
This is why you have your assistants leave after the demonstration lol
@OvaltineJenkinsFx
@OvaltineJenkinsFx 2 месяца назад
Hahaha the emojis just killed me
@Nitro_us
@Nitro_us Месяц назад
lol
@jacobseed2123
@jacobseed2123 8 месяцев назад
This dude came prepared with tons of confidence, he stood up to Mark, Kevin, and Barbara and he still left with a deal, congrats to him
@vasudevjs2468
@vasudevjs2468 6 месяцев назад
The one that he was seeking was still outrageous tbh
@samsterling4060
@samsterling4060 6 месяцев назад
@@vasudevjs24680😊
@vanmamawannabe6360
@vanmamawannabe6360 5 месяцев назад
To you, it looked like confidence, to me it looked like arrogance
@self-righteousideologue9398
@self-righteousideologue9398 5 месяцев назад
​@@vanmamawannabe6360- I'm sure there's a thin line between the two. Most people in comments thought confidence though. But yeah, probably a thin line.
@MightySerg
@MightySerg 3 месяца назад
it depends on what you appreciate more. money or a mentor ?? let it sink @@vanmamawannabe6360
@vxintruder
@vxintruder Месяц назад
Bro came and clutched a 1v5😂
@flexixanos
@flexixanos 14 дней назад
Aced the lobby😂
@bman7399
@bman7399 9 дней назад
🤣🤣🤣
@itsmekrazyy
@itsmekrazyy 2 дня назад
LMFAO
@codyslade5558
@codyslade5558 3 месяца назад
He is an attorney. Of course he has confidence and the ability to control the room.
@ssj4rit
@ssj4rit 7 дней назад
Some attorneys come on this show and don't have that.
@Rainbow7Ss
@Rainbow7Ss 4 дня назад
lawyers are like magic, focus here but im here, if you do this with confidence you just may win everytime
@brandonakins574
@brandonakins574 Год назад
one of the most confident entrepreneurs on the show who didnt take it too far and become arrogant. great representation on how to respectfully stand your ground
@AntoSimoes
@AntoSimoes Год назад
Kevin was being such a dick to him lol
@j.j.1517
@j.j.1517 Год назад
Great example of how to stand your ground with being arrogant or insulting. I think he gave Kevin exactly what Kevin gave him and didn't take it any step further.
@fpshooterful
@fpshooterful Год назад
"Confident"???" hmmmm i wouldn't go that far. The part where Barbra asked this pitcher to meet her certain guidelines in terms of making profit, and this entrepreneur said pretty much "NO". Indicates his uncertainty in his OWN business. I wouldn't call that "confident".
@universityoflatetest
@universityoflatetest Год назад
Everyone complain about Mr. Wonderful so bad.
@miraonthewall5284
@miraonthewall5284 Год назад
Is this literally no different than fkn coinstar?
@alexbuss3377
@alexbuss3377 Год назад
This dudes confidence and resilience is what kept him in the game.
@Arthuur9
@Arthuur9 Год назад
I think it could have done the opposite too. Good for him tho
@cabilgibbs
@cabilgibbs Год назад
Truuff
@switchunboxing
@switchunboxing Год назад
Of course. They had objections and he overcame them. That’s how a pitch works. Many of them would have just said “yeah sorry I suck” lol. However. I don’t see how this succeeds lol
@ericcartmen3653
@ericcartmen3653 Год назад
What did you expect lawyer 🤷🏾‍♂️
@reckstacy9470
@reckstacy9470 Год назад
@Cringe City isnt that with your debit card though? Not cash/coins
@jamesmcginn6291
@jamesmcginn6291 9 месяцев назад
He was sooooo prepared. He had an instant comeback for every objection. Impressive.
@UncleHashy
@UncleHashy 8 месяцев назад
He went to law school...
@SarahH9000
@SarahH9000 4 месяца назад
Corporate lawyer
@griedd
@griedd 3 месяца назад
@@UncleHashywhy are you saying …after like it’s a bad thing? going to law school doesn’t just make you come up with good comebacks. he researched the market and found wholes in the sharks arguments. you don’t need to go to law school for that
@a8ci744
@a8ci744 2 месяца назад
@@grieddit’s *holes btw and law school does help.. when your in court you’re literally arguing why you’re correct. Or why something is wrong. It goes back to the same thing, thorough research and being educated on what you’re talking abt.
@subham.biswas
@subham.biswas Месяц назад
@@griedd nope going to law school makes you gigachad like harvey
@nitasaragih6419
@nitasaragih6419 3 месяца назад
This is how you pitch. Prepared, logical, completely understanding the product and the game you are in.
@sauravsen98
@sauravsen98 3 месяца назад
Come to India and learn about UPI and you don't have to run into this much of complications!
@medotedo8410
@medotedo8410 Месяц назад
@@sauravsen98 India !!! the scammers, no thanks.
@Kriptiko
@Kriptiko Год назад
Bro just HAD to get that last dig at Kevin out before the deal lmao this guy is a legend.
@leelunk8235
@leelunk8235 Год назад
LOL
@MusicalMemeology
@MusicalMemeology Месяц назад
That guy is an absolute legend. He was so good at standing up for himself he would be an amazing lawyer.
@panyasethi3293
@panyasethi3293 19 дней назад
Lmao
@dgjwngwergwr8782
@dgjwngwergwr8782 11 дней назад
@@MusicalMemeologyExcept his product is garbage
@ihavenoname-qm8nr
@ihavenoname-qm8nr 8 дней назад
@@dgjwngwergwr8782 He took the deal, so its an opinion nobody need from you
@kausthubkrishnamurthy2410
@kausthubkrishnamurthy2410 Год назад
The two most impressive bits for me was: 1. Being clear in saying when a condition wasn't in his own best interest. 2. Communicating that Kevin just didn't show any real interest in the business - and that that couldn't be solved by money. Good to see an entrepreneur stand their ground firmly and fairly.
@Culvey
@Culvey Год назад
And the jab at Kevin in the end really sealed the deal
@sukhmanisingh1903
@sukhmanisingh1903 7 месяцев назад
precisely @@Culvey
@anthonyalvarez2037
@anthonyalvarez2037 4 месяца назад
That that is so true
@wayneerichsen
@wayneerichsen 4 месяца назад
It's a shame it just isn't a good product.
@coryc9040
@coryc9040 3 месяца назад
People like this scare me. I think this is a horrible idea. Cash is going away. There is already a solution via credit cards. Why would people who use cash want some of their money to be digital. It sounds delusional to me.
@user-uw6pr7gv5x
@user-uw6pr7gv5x 6 месяцев назад
He is not only solving the problem of keeping change, but also helping cashiers who always have issues with returning coins to customers.
@user-ze1kb9wp1l
@user-ze1kb9wp1l 4 месяца назад
yes
@user-hc9nz9kb7h
@user-hc9nz9kb7h 2 месяца назад
But really, he's creating a no friction loyalty program that benefits the stores and helps them have their customers coming back to them... It's insane value and I can see this becoming HUGE
@jwill5892
@jwill5892 14 дней назад
Do they not know how to count?
@Geeezy24
@Geeezy24 3 дня назад
​@jwill5892 I swear they just eye it out now days 😂
@OshineTheOranguTANK
@OshineTheOranguTANK 8 месяцев назад
I love how they just had the cashier awkwardly standing there thru negotiations
@johannklein7284
@johannklein7284 Месяц назад
he would celebrate and hit her later.
@michaelorta2199
@michaelorta2199 Год назад
He controlled the room the entire time. His confidence is wicked impressive.
@dejamike88
@dejamike88 Год назад
He should have gone with his corporate lawyer route.
@aperkins07
@aperkins07 Год назад
@@dejamike88 definitely or apple offer
@vanessahargreaves528
@vanessahargreaves528 Год назад
they were all in his frame
@rnz1er
@rnz1er Год назад
@@aperkins07 he makes 12mil annually now lmfao, I think this was the better choice.
@gregbaxter6162
@gregbaxter6162 Год назад
He controlled the room and lost half of what he wanted to
@sebasmana5798
@sebasmana5798 Год назад
Kevin had me dead when he pointed out the girl who was looking at the entrepreneur with fear, and she started laughing 😂
@stepupthriftingstore7024
@stepupthriftingstore7024 Год назад
When??
@thejamesbond0058
@thejamesbond0058 Год назад
@@stepupthriftingstore7024 at start of episode when kevin starts saying your gonna be crushed to thatguy
@andren2747
@andren2747 9 месяцев назад
3:22
@nikhilmule8968
@nikhilmule8968 8 месяцев назад
I thought the girl was his wife
@bobbobb5759
@bobbobb5759 8 месяцев назад
Looked more confused at such an odd statement. and gave a pity smile.
@eshaansimha3625
@eshaansimha3625 6 месяцев назад
One of the first times Barbara's actually contributed in terms of giving credit to the entrepreneur, AND making an offer for a business she feels will succeed
@israels841
@israels841 4 месяца назад
Not really that actually hurt him , that’s what made mark get out because she praised him the reverse psych won’t work on ego maniacs
@dragontamer561
@dragontamer561 3 месяца назад
She made an offer only to say "Im Out" 10 seconds later
@Ltsgtrvl
@Ltsgtrvl 2 месяца назад
I heard she called in to a radio station later that night to say she’s out.
@tanishpanjwani3117
@tanishpanjwani3117 Месяц назад
He beat kevin at his own game. Kevin usually negs the f out of the entrepreneur, makes them feel worthless and then comes in with low ball valuation to scoop the company for cheap. This guy stood up to him and showed him that if he thinks that product is bad, then perhaps he shouldn't be involved with it.
@estebantapia9659
@estebantapia9659 Год назад
Back in 2021 the company was acquired for an undisclosed amount, but his annual revenue was $12 million. Heads up for this guy who knew what he was up to
@plasticstuff69
@plasticstuff69 Год назад
Without Robert! He never finalized the deal 😢😂
@souldesire5932
@souldesire5932 Год назад
@@plasticstuff69 It seems like so often this happens. I read it all the time in comments, it's incredible how often the deals fall through
@kevindunlap5525
@kevindunlap5525 Год назад
With 3% being transactional, and the need for at least one new tablet and software at every location and maintenance, plus the extra expense for the companies now having to hold on to EVEN MORE CHANGE, plus who knows what else, to get $250/year out of a company and that already have a better relationship with the people who put their change in the tip cup........... I don't see it. The ol' undisclosed amount routine.
@frankcb11
@frankcb11 Год назад
@@viacomsspy5439 that's not true a lot of marks deal fall through also
@wastedtalent1625
@wastedtalent1625 Год назад
@Kevin Dunlap you don't see it but they were bought out by someone so.....
@molakers37
@molakers37 Год назад
He had a rebuttal for every point the sharks threw at him. He had his numbers. Respect 🔥
@kevindunlap5525
@kevindunlap5525 Год назад
You are always going to have quotas, and every day you have them at work. If he was sure enough to spout it out to get someone else's money, then he should have already been sure that he believed in it. More so. He was well spoken, that's all he really had. He's a corporate attorney. Rebuttals also need to be effective. He wasn't effective enough to CONVINCE venture capitalists that his product was solid enough to invest in. It doesn't matter what he did later or before. That's why he went there in the first place.
@user-hj5kq6xg9c
@user-hj5kq6xg9c Год назад
He didn't have ant rebuttal except for more BS🤣🤣
@Golden.Chords
@Golden.Chords Год назад
He didn't have any numbers in the first place lol
@frankcb11
@frankcb11 Год назад
He was rude though lol
@vble2337
@vble2337 Год назад
he’s worked in the boiler room before.
@rezonerizu
@rezonerizu 8 месяцев назад
Gotta give it to Kevin for "mostly" always laughing off whatever joke or insult is thrown at him.
@ashtonndlovu9470
@ashtonndlovu9470 15 дней назад
Mark would have exploded if he insulted his team 😂
@jwill5892
@jwill5892 14 дней назад
One attribute Kevin has that is better than Mark's
@jasonbaber1526
@jasonbaber1526 7 месяцев назад
He was impressive. He followed the mantra "Power is something you take". He stood his ground.
@noahfestenstein9466
@noahfestenstein9466 Год назад
I've never seen anyone step up to Mr. Wonderful like that, good on him.
@sayandebnath6445
@sayandebnath6445 Год назад
He had a point against Mr Wonderfool.....this guy should be kicked out of shark tank immediately after the way he defended scam bankman fiend
@crispyybaconx
@crispyybaconx Год назад
@@sayandebnath6445 don't you mean scam bankrupt fraud
@Naturefan354
@Naturefan354 Год назад
@@sayandebnath6445Why are you so pressed about it though? I don't get why people take it so personal when the sharks challenge their company. If I was confident in my company and or product then I could take criticism and questions about it
@sayandebnath6445
@sayandebnath6445 Год назад
Boy if Sam was being bankrupt...he prolly has lots of stolen money in stash
@erikzavala2377
@erikzavala2377 Год назад
@@Naturefan354 kevin didn't ask him questions ya donut. He just insulted him.
@m4dmxoidelles
@m4dmxoidelles Год назад
Hey man, gotta give the guy props for standing his ground.
@born2win262
@born2win262 Год назад
He was on his way to becoming a corporate lawyer lol darn right he could stand his ground with facts
@user-hj5kq6xg9c
@user-hj5kq6xg9c Год назад
Standing his ground? More like talking bs🤣🤣🤣🤣🤣🤣
@anekopp9876
@anekopp9876 Год назад
i would never do a deal with such a stupid guy..hate his attitude hate his character but the product and tech is good.
@conundrum60690
@conundrum60690 Год назад
I don’t. He didn’t stand his ground. How many stores can you do 700. Ok deal contingent on 700 stores. No I can’t do that. He didn’t even try to negotiate that. “700 is our goal and I believe we can hit it; but for a formal deal would you agree to 600 by the end of our first year?” He just stepped away entirely. Also his evaluation was nuts; his business has no value yet; just potential. 250k for 15% was fair
@LaGrandeBayou
@LaGrandeBayou Год назад
It's much easier (and smarter) to stand your ground once you're pitch has gotten a few sharks circling.
@quadplays924
@quadplays924 Месяц назад
Honestly I think his confidence & strong demeanor is what got him the offers. I don’t think he was going to get any offers if he didn’t stand his ground. Good for him.
@Temidjoy
@Temidjoy 8 месяцев назад
This is what we call head-to-head. The confidence level is mindblowing!
@thatzevy
@thatzevy Год назад
So refreshing to see an entrepreneur stand up to the sharks without attacking them back or feeling salty about their comments, I'm sure he'll be successful no matter what he does, very confident guy!
@fxyde
@fxyde Год назад
he did! $12 million in annual revenue.
@switchunboxing
@switchunboxing Год назад
You had me in the first half NGL
@HooliganHustla
@HooliganHustla Год назад
@@I_have_the_suds no doubt he was salty lol he looked and even spoke salty and joked Kevin cannot use his product bc he didn't say anything nice about it hahahahaha.... but yea fosho he handled it well but was still salty
@NathansGOfficial
@NathansGOfficial Год назад
Indeed!
@NikeH18
@NikeH18 Год назад
Yeah and the background in corporate law probably helped.
@samsangani4447
@samsangani4447 Год назад
This guy came prepared. He didn't come for just the money - he knew what he wanted. How many times have I seen business owners get: - bullied by the sharks - speaking over them - not allowing them to justify - having the last word This guy was quick and knew his operations. Literally called out Kevin stuck it up to him in the end. Kudos!
@kaedenwebb7623
@kaedenwebb7623 11 месяцев назад
it was a a very risky investment with hardly any evidence it will be successful.
@encycl07pedia-
@encycl07pedia- 11 месяцев назад
What does your penultimate sentence even mean? It makes no sense.
@dismalthoughts
@dismalthoughts 9 месяцев назад
@@encycl07pedia- I think it should have read "Literally called out Kevin _and_ stuck it to him in the end." Called Kevin out and, in the end, (1) got the deal anyways then (2) lobbed a small mostly good-mannered "f u" in Kevin's direction lol.
@T12J7
@T12J7 7 месяцев назад
Yes but the product sucks.
@ceterisparibus8966
@ceterisparibus8966 7 месяцев назад
why?@@T12J7
@iamassyl
@iamassyl 9 месяцев назад
LMAO them zooming in that barista's face is taking me out 💀😆
@bluerain9104
@bluerain9104 10 месяцев назад
I actually love this idea. It's rare that I pay in cash, but when I do I would absolutely use this.
@shubhampasari7123
@shubhampasari7123 Год назад
Such a thin line between being rude and resilient. This guy nailed it!
@leelunk8235
@leelunk8235 Год назад
HE RIMMED THAT SILVER LINING
@OzzyTheGiant
@OzzyTheGiant 5 месяцев назад
Agreed, it's all about knowing your facts, your worth, and how you say things. Dude gave a negotiation masterclass
@Nasa1001
@Nasa1001 Год назад
Barbara: "I have one contingency, if we make the deal Im out"
@aubreynaarcher8916
@aubreynaarcher8916 Год назад
Roflmao
@imchrisjacobs
@imchrisjacobs Год назад
😂😂
@danellethompson8079
@danellethompson8079 Год назад
🤣🤣🤣
@AlM2468
@AlM2468 Год назад
🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
@JaeJunBrianLee
@JaeJunBrianLee Год назад
😂😂😂😂😂😂😂😂😂😂😂😂
@nicksaldana346
@nicksaldana346 8 месяцев назад
I love this guy. Let your nuts hang. Be confident and don’t let people walk on you but do it all with respect/character.
@iatenorio
@iatenorio 7 месяцев назад
Jeffrey Witten is impressive. He was prepared and knew how to befittingly pivot when he felt cornered. One of the few who could stand their ground when against the odds. Props to him!
@itstyypical3908
@itstyypical3908 Год назад
I can’t believe after literally taking a beating from the sharks, Kevin in particular, he still managed to come out with a deal. What a man.
@floydmayweather2297
@floydmayweather2297 Год назад
I am surprised that Mr. Cuban wasn't interested in the deal.
@anshluthra6500
@anshluthra6500 Год назад
Deal didnt go through
@austensiegler8556
@austensiegler8556 Год назад
I think you should look up what literally means
@bubzilla6137
@bubzilla6137 10 месяцев назад
​@@austensiegler8556YES!!! This is one of, if not THE most overused AND misused word I hear these days! And I mean that quite literally, ironically enough... 🤦
@colaman8269
@colaman8269 10 месяцев назад
@@bubzilla6137 What if hes not literally using the world literally
@ahmedxkhan
@ahmedxkhan Год назад
This is one of the best shark tank episodes ever! That dude was not backing down! And did not give the sharks the power they wanted, he did it all professionally with no emotional nonsense. A real talent, hope his business goes far.
@liamczyzniejewski9852
@liamczyzniejewski9852 Год назад
What do you mean he didn’t give power lol he backed down from not going over 12.5%
@theflash691
@theflash691 Год назад
@@liamczyzniejewski9852 The sharks aren't in the position to move, they're already billionaires Given the other offer on the table, if he wanted the deal he'd take the 15% so that's what he did. Being too pushy when negotiating with a shark on their final offer could risk losing the deal and it's happened to plenty of people on ST before Sure the concept is great (loose change really sucks) but they could tell the logistics might not work out and they weren't guaranteed or promised they would, so kind of a disadvantage there
@adingdingdiiing6740
@adingdingdiiing6740 Год назад
He sold and abandoned this business and the deal with Robert didn't close.
@codex9279
@codex9279 Год назад
@@adingdingdiiing6740 all I'm hearing is he got a big payday
@on-line10
@on-line10 8 месяцев назад
cringe tf idiotic -_-
@masterbaiter4180
@masterbaiter4180 11 месяцев назад
People talking about his confidence, but what makes him stand out are his communication skills altogether with the ability to articulate his thought process crystal clear. You can hear it in his voice when he talks; he sounds like top CEOs e.g., Mark Zuckerberg, Jeff Bezos, Shou Chew, Sundar Pichai, etc., which has various tones to communicate emotions even though it sounds monotone.
@earthteamjordan
@earthteamjordan 3 дня назад
The Cameraman needs credit for 3:26 that's a top tier camera zoom. Its like something straight out of the Office
@Austin-me1fc
@Austin-me1fc Год назад
Barbara saying “because you’re rich” was the realest thing she’s said
@superkamiguru7985
@superkamiguru7985 8 месяцев назад
Lol, poor people don't like carrying coins too.
@MomentumTRIBE815
@MomentumTRIBE815 8 месяцев назад
@@superkamiguru7985I do
@pauldavis5665
@pauldavis5665 4 месяца назад
That's actually not true though. I'm not rich and I still hate having to carry around coins. I am sure most people feel the same regardless of how much money they have.
@ashenmunasinghe4193
@ashenmunasinghe4193 Год назад
I felt the moment he was touching his wedding ring, he had to dig deepdown to convey all the strenght into him to respond to all these sharks coming at him. Such a strong young man! Well done!
@sarahisatitagain
@sarahisatitagain Год назад
His spouse must be so proud of him!
@ps-yk8su
@ps-yk8su Год назад
His father in law would not invite him to Thanksgiving
@dsrree
@dsrree Год назад
He was just fidgeting with the closest thing while he kept his hands together in "presenter mode" the whole time. I also fidget with my wedding ring all the time without thinking about my wife. Thinking that he was touching it to gain strength or whatever is something you made up in your mind.
@janecoe9407
@janecoe9407 Год назад
HE WAS ANNOYING.
@on-line10
@on-line10 8 месяцев назад
cringe tf idiotic -_-
@tabaxi
@tabaxi 11 месяцев назад
Mark went from saying "Cash is not going away, nobody is thinking that. 2:33" to "Here's how you solve this problem - I give you my credit card! 5:00" in a matter of minutes, it's actually crazy to see.
@jalenbrunsonfan
@jalenbrunsonfan 10 месяцев назад
Literally what I thought lol
@ajbeaver25
@ajbeaver25 9 месяцев назад
That's not what he means, he's saying that using a credit card easily avoids this problem if they would like to, and it's easier to just use a credit card than to transition to another service.
@_________.
@_________. 9 месяцев назад
You completely misunderstood what that means
@jennifergersch9126
@jennifergersch9126 9 месяцев назад
@@jalenbrunsonfan Yes!!! I have no need for this.
@Cincy32
@Cincy32 9 месяцев назад
Mark Cuban is a liar.
@qt1335
@qt1335 Год назад
Intelligent, very well spoken, control over his emotions, great idea, this guy’s great. Plus, the looks are just that extra push.
@kingraghavsahni
@kingraghavsahni Год назад
Robert didn’t close the deal post the episode but the company became a success and was acquired by a larger group. Kudos to the founder. Confident and brilliant
@xxgorvexx
@xxgorvexx Год назад
Why is Robert even on the show
@danielflores9014
@danielflores9014 Год назад
So he lost everything than
@gabes4656
@gabes4656 Год назад
@@danielflores9014 he sold everything and the got the bag bozo
@RockBisonQ
@RockBisonQ Год назад
@@xxgorvexx sometimes it is strange that people do not understand the concept of a business deal, all deals are not final until after the pitch when they are able to verify the documents and other aspects so people still have time to back out. Rob is a long-term shark on the show because he is a successful businessman and it is his money he invests in these people, he got to back out if it was not the way it is supposed to be. The person also got exposure regardless so it is a win situation, not a loss for the entrepreneur.
@HorsesIC
@HorsesIC Год назад
@@danielflores9014the end goal for most startups like this is to be sold to a larger company. It was acquired by a data analysis firm who definitely paid crazy money for it.
@John-pp8qv
@John-pp8qv Год назад
I think being respectfully confident goes a long way with the sharks. He had to battle, he had to put a couple in their places, yet he did it with professionalism and without any ill-flavored conflict.
@OGPTdosGPTs
@OGPTdosGPTs 10 месяцев назад
The company was valued at $3.3 million during its pitch on Shark Tank. Since then, it has been acquired by IRI Worldwide, but the value of the acquisition is unknown. However, the company has generated $12 million in sales in 2021, indicating that its net worth has likely increased.
@cinnabar546
@cinnabar546 10 месяцев назад
Love the conviction, preparation, and he has the facts to back it up.
@Davechappelle445
@Davechappelle445 Год назад
I can’t believe this but watching this guy stand his ground inspired me. He seemed nervous when he walked in but he dug his heels in. Respect my man !
@ok-kk3ic
@ok-kk3ic Год назад
Yah he progressively gained his footing.
@rmac3217
@rmac3217 8 месяцев назад
I still don't get it, if I don't want coins I use card, if I'm a cash guy I don't use cards linked to online accounts, where's the market?
@laundrysauce1649
@laundrysauce1649 8 месяцев назад
@@rmac3217chances are if you use cash, you have SOME form of online payment. I highly highly doubt there are many walking around with no bank accounts
@quitmakingmelaugh
@quitmakingmelaugh 8 месяцев назад
⁠@@rmac3217it’s 2023. Go get a card and bank account. Otherwise there IS no market for someone like that, and not only that but you wouldn’t be the consumer this business is looking to provide services to.
@crescentfuze
@crescentfuze 3 месяца назад
A fiver is substantially easier to carry around than coins to make £3.47, you see?
@neousabebe9700
@neousabebe9700 Год назад
Thank you for not spoiling the outcome in the video's title.
@BigHairyRick
@BigHairyRick Год назад
He doesn't think that businesses will use their program. Most places already have their own loyalty program and it does not make sense to pay for another program.
@panyasethi3293
@panyasethi3293 19 дней назад
Loved the fact that he took a stand and was clear on what was working for him and not working for him and was super confident ✨
@heinloffman
@heinloffman 11 месяцев назад
Props to him, what a fighter with class.
@MC-uf1ts
@MC-uf1ts Год назад
There’s no existing world where I would ever trust Kevin O’Leary
@christinanomah8754
@christinanomah8754 Год назад
😂😂😂😂😂😂
@QuadLamb
@QuadLamb Год назад
If Kevin puts up an offer he believes he’s going to get you enough profits to get his money back. The only problem is that maybe in the long term you would end up with a worse deal than with other sharks.
@PH1LZ
@PH1LZ 9 месяцев назад
Did somebody say *P E R P E T U A L R O Y A L T Y* ?
@robbiewhite2351
@robbiewhite2351 8 месяцев назад
That’s lunacy. Kevin is by far the most disciplined investor on the show and well-respected in the VC world. I would partner with him in a heartbeat
@AMH793
@AMH793 8 месяцев назад
@@robbiewhite2351Kevin O’Leary shilled for FTX even after it was abundantly clear that SBF was committing fraud
@malikbezhanakbari935
@malikbezhanakbari935 Год назад
His last act on Kevin was hilarious 😂 well done young entrepreneur 👏
@HeraclitusThoughtBubbles
@HeraclitusThoughtBubbles 3 месяца назад
He sold the company for 99 mil
@NickVillari
@NickVillari 9 месяцев назад
Insane confidence from this guy
@dbgamma
@dbgamma Год назад
This guy is so incredible and SOLID. Love how he handled and managed these Sharks.
@That_one_introvert.
@That_one_introvert. Год назад
Lawyers are good at that 😂
@dbgamma
@dbgamma Год назад
@@That_one_introvert. Hahaha!
@lawliet3855
@lawliet3855 Год назад
It's because he studied law that he's that confident. Big props.
@nates2618
@nates2618 2 дня назад
Robert always wants to hear the business details. Appreciate the enthusiasm to allow the guest to give their plan
@raincastmusic
@raincastmusic 11 месяцев назад
Dude this guy is a legend He handled the whole thing like a pro
@ericd2193
@ericd2193 Год назад
the shot at kevin at the end was great
@Naturefan354
@Naturefan354 Год назад
Eh It also makes him sound immature though. It sounds like he can't take criticism without getting all pressed and is just angry that they all where not excited about his company except Robert, who never closed the deal BTW
@topshelfdustin3060
@topshelfdustin3060 Год назад
@@Naturefan354 if kevin can give it he can take it. And that was a funny and well timed joke. And the deal fell through, sucks to be Robert because he cleared 10 million in 2021.
@scottcamuto8410
@scottcamuto8410 Год назад
@@topshelfdustin3060 where did you find the $10 million number from?
@topshelfdustin3060
@topshelfdustin3060 Год назад
@@scottcamuto8410 I saw 10 and 12 quoted on different "after the shark" websites. I took the lower of the two, but I didn't note where. Just google the company and "after the shark"
@ashtonndlovu9470
@ashtonndlovu9470 15 дней назад
​@@scottcamuto8410you know it's easy to research every deal they make right 😂
@pintofamilyutube
@pintofamilyutube Год назад
First time ever I heard someone give Kevin right back on his face and stand tall and get a deal. Awesome. Loved it.
@Ma7hiu5
@Ma7hiu5 3 месяца назад
Arguing with the sharks this way, is how it's done, fighting for your own business and having a fierce back and forth just shows how much he is willing to make it succeed....
@asifahmed4830
@asifahmed4830 2 месяца назад
Its good the deal actually ended yp falling through because they sold to a large consortium that does market data for large retailers north of $50M
@e.g.5385
@e.g.5385 Год назад
I was nervous for him. I thought his confidence would make him lose all deals. Good for him, wish him the best.
@ahsoka6807
@ahsoka6807 4 месяца назад
if his confidence would put an investor off then the ivestor is to sensitive lol
@raiderxskull
@raiderxskull Год назад
I admire this guy's confidence in his business. Never seen someone who didn't emotional nor get arrogant and stood their ground like that. AND cut down Kevin. Huge Kudos to that dude
@RichardMeikle
@RichardMeikle 10 месяцев назад
He has a great idea and they wanted to break down his confidence in order to get him to accept what ever they offered.
@MeloTheSsj4
@MeloTheSsj4 9 месяцев назад
Wish I could see how it’s going with this business and this shark that came in With all kinds of confidence in most respectful way and got a deal 🦈👏
@isaacmartinez7858
@isaacmartinez7858 Год назад
Dude went toe to toe with them and left the tank with scars, but not dead. He was awesome
@waldo-ot6ul
@waldo-ot6ul 8 месяцев назад
Lawyers are good at that
@NicholasLouis
@NicholasLouis Год назад
Might be one of the best entrepreneurs to come on the show. Congrats to him. Definitely hope I get a chance to use this when I’m stuck paying with cash
@coalhouse1981
@coalhouse1981 Год назад
He sold for it about 12 million
@rosa4660
@rosa4660 Год назад
@@coalhouse1981lmao fr?
@cindynewman902
@cindynewman902 8 месяцев назад
He was assertive, respectful and confident and held his own. I don’t call that cocky.
@ShayCat
@ShayCat 4 месяца назад
This guy is 100% confidence and not so much ego with an empty head. I love his invention.
@JohnPatrickMasterclasses
@JohnPatrickMasterclasses Год назад
that guy is brilliant you can tell he was trained to be a lawyer
@floydmayweather2297
@floydmayweather2297 Год назад
I'm impressed. To have that kind of control under that kind of pressure is phenomenal. Well done.
@SamGucci9919
@SamGucci9919 8 месяцев назад
To be fair he is a lawyer
@languidlandscapelad2239
@languidlandscapelad2239 3 дня назад
You can really tell this guy was gonna be a corporate lawyer. Great confidence in his public speaking.
@dynamic2345
@dynamic2345 9 месяцев назад
What a likable confident guy.
@Alan92Truong
@Alan92Truong Год назад
For someone not doing any of the talking, that barista got the most screen time in the history of shark tank
@BearLikeFire
@BearLikeFire Год назад
Seriously. Who was she? The way the camera kept cutting to her I wondered if she was the guy’s wife or sister or something.
@loretta.o1806
@loretta.o1806 Год назад
🤣🤣
@theempressdesha
@theempressdesha 3 месяца назад
😂😂😂 i’m crying haha leave goodie alone
@blaquiere141
@blaquiere141 Год назад
This guy was ready. He's one of the most prepared Shark Tank candidates that I've seen. It almost feels like the Sharks want to kill it in the egg because they're afraid it might harm their business. I like it, I think the sharks are off and scared.
@No-day-off
@No-day-off Год назад
Scared? He’s concept just copying off how VISA and MASTERCARD works. Why do I need to use that BS app in my shop while I can accept visa Mastercard and Amex customers for same fees?
@JohnWick-hl3ir
@JohnWick-hl3ir Год назад
They know that man is going places
@lingmingching1
@lingmingching1 7 месяцев назад
I really like how that young man handled himself. Very nicely done. :)
@ethansaltmere
@ethansaltmere 2 месяца назад
fun fact: what mark cuban said at 6:07 is what the creator took on board straight after this deal. The deal with robert never went through and he reworked the product and sold it at a much higher valuation based on cuban's recommendations.
@davidevans3175
@davidevans3175 Год назад
Amazing. Whether he's on point or off the wall, the dude gave the best presentation and negotiation ever.
@socialskeptic
@socialskeptic Год назад
“if we do the deal, kevin can’t use it” I love that
@DigitalSamTV
@DigitalSamTV 15 дней назад
This is wild that he gave his targets out, and then wasn't willing to even back them with his confidence. And rejected Barbara's offer. Crazy. Getting 700 stores on board should be the main priority its not even a large number.
@dissy1994
@dissy1994 10 месяцев назад
This type of solution exists in my country (there're about 2 or 3 players) and genuinely love it's existence and keeps me going back to some of my favourite places
@007lp1
@007lp1 Год назад
Update: CoinOut grew to annual revenue of $ 12Mn in 2021 before getting acquired by a major data and customer loyalty group. Definitely a success.
@AdrianMartinez-re9hh
@AdrianMartinez-re9hh 9 месяцев назад
Man, this dude has courage!!!
@Gurnoor13
@Gurnoor13 4 месяца назад
Now that's how your stand your ground and negotiate properly. In my previous sales job, I learnt the power of mirroring which this guy used brilliantly. Mirroring : Calling out and acknowledging the objection thrown at you, followed by why you think your case is strong and then ending up with an ask.
@missy1806
@missy1806 Год назад
Barbara was spot on in her comments @ 5:37 and Jeff was a cool cucumber for the way he presented himself with-out being arrogant, mean, insulting or offended. Found out that the deal with Mark never went through but the company was purchased by IRI Worldwide in November 2021 for an undisclosed $ amount which had $12 million in yearly sales at that time and is still operating to date. There are 5 other companies now in competition with CoinOut.
@MultiSciGeek
@MultiSciGeek 7 месяцев назад
Also their current app has nothing to do with what was presented on the show lmao
@abdulla1843
@abdulla1843 Год назад
My favorite part was when he shutdown FTX's Official Spokesman Kevin O'leary
@NickVillari
@NickVillari 9 месяцев назад
He CONTROLLED the room!
@flreelangler4152
@flreelangler4152 8 месяцев назад
He did a great job presenting, woe. Very smart.
@gypsyfirefly8009
@gypsyfirefly8009 Год назад
Wow! This should be required viewing for any serious negotiator. After I watched it 5 times I’m hoping I have absorbed his technique. Whether they liked him or not left with what he came for. How can one not respect the man. Good on him 👊🏽🏆🍾👏🏽
@sameasnone
@sameasnone Год назад
I heard this is very edited, really a lot is cut out
@Steven-wo9bm
@Steven-wo9bm Год назад
I agree. Its business not a find a friend party haha
@NN-br2xh
@NN-br2xh Год назад
Nah he didn't. Robert got what he wanted, though he didn't close the deal later on.
@Killinfoo
@Killinfoo Год назад
I have seen countless episodes and I’ve never seen anything like this. Hit the core of me. Motivated me.
@garrettjohnsen
@garrettjohnsen 8 месяцев назад
Dude… I love this guy
@HisRoyalJaznness
@HisRoyalJaznness 6 месяцев назад
The guy made amazing points throughout
@1252PFC
@1252PFC Год назад
He stood up to those loan sharks really well. Good job
@andrewmckenley5355
@andrewmckenley5355 Год назад
🤣🤣🤣🤣🤣🤣🤣loan sharks
@switchunboxing
@switchunboxing Год назад
“We’ve proven the technology is pretty cool” DAMN he’s lucky any of them gave offers hahaha
@itzlit7548
@itzlit7548 Год назад
Right cool is not a word you use when pitching a million dollar evaluation with hahah it's pretty rad guys c'mon
@josephsquires8033
@josephsquires8033 Год назад
Not gonna lie- the shorttakes of film and the disrespect this guy was getting was disgusting. They are likely in there with the sharks for hours, not 5 minutes.. and the guy didn't even need to depend on an app. Major respect for this guy. If nobody else told him they are proud of him, I'm saying right now- I'm proud of you for turning down those job offers and I'm proud of you for believing in your concept and believing in yourself.
@lucasm4299
@lucasm4299 5 месяцев назад
@@josephsquires8033 Why are you kissing so much?
@josephsquires8033
@josephsquires8033 5 месяцев назад
@@lucasm4299 Not sure what you mean.
@Blueeyesinthesky
@Blueeyesinthesky 11 месяцев назад
The way he made Mr wonderful quiet tho 😂 unheard of. Dude has definitely got humility and came prepared.
@Blueeyesinthesky
@Blueeyesinthesky 11 месяцев назад
😂😂
@lucasm4299
@lucasm4299 5 месяцев назад
That doesn’t make sense. He didn’t shut Kevin with humility but with confidence
@LucasSantos-vn8wl
@LucasSantos-vn8wl 7 месяцев назад
This is one of the best shark tank episodes ever.
@TragedysHalo
@TragedysHalo Год назад
That guy is very confident in his product. Kudos to him refusing an offer by someone who continually belittled his product & had no faith in it & cared nothing for its success.
@M6989
@M6989 Год назад
True lawyer 😂👌he got away with all the replies by not raising his voice up and controlling his reactions
@vintagevictoria
@vintagevictoria 2 месяца назад
I love loose change, and I can't tell you how often I need it and used to never have it! Lol, I always keep it around now!
@Kyoto99952
@Kyoto99952 13 дней назад
I love this dude. I'm rooting for him.
@ledepart.design
@ledepart.design Год назад
I salute this entrepreneur for his determination. If you want to be partner, don’t put conditions to throw all risk on your business mates.
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