Kevin O'Leary On Missing Out On Ring On 'Shark Tank' | CNBC 

Lmaoooo

And he didn’t even pass on it lol, he was the only one that didn’t pass on it. The owner declined Kevin’s offers, so he passed on Kevin

😂😂😂😂

💀💀

@@poopoogamer1232 a loan for royalties 4ever of the product and equity in the company. I would of told him to kick rocks as well.

That's false.He just worked hard and got lucky.Tgere are plenty of investments they made that made them millions.Yiu don't cry about few missed opportunities.This is a mindset andy trader or investor has for increasing their wealth.There will always be opportunities you'll miss.

I’d say mark could have

@@thecryptohacker9976 lucky lol

@@betochavez1216 uno wot I mean lol. “Lucky” my ass. That man worked his ASS OFF.

These guys have what amazon does, and they were offered 700k of 7M value, Amazon bought it for 1billion lmao.

well not really because he didnt get all of it

@@js2sgamer951 lol u have a million ? He’s good for life so who cars

@@betochavez1216 lol i have 7 million dollars in the bank.

@@js2sgamer951 Cool, good luck paying it back, that dude probably has 300 mil+ straight cash

@@AppleTech90 nah jk i dont have millions..... I have billions

blog.ring.com/2017/05/17/why-a-bully-wants-stop-ring-from-making-your-neighborhoods-safer/

Lol

I just moved into a housing development where every house on the street came with wired ring doorbells built in and the poor ADT guy was going door to door with his clipboard trying to sell security systems and I was like "yeah man...uh...To be honest im just going to buy a ring security system since i already have the doorbell" Poor guy haha.

LMFAOOOOOO

Doesn't justify a 7mil valuation.

This guy does pretend to be a narc...he is....It's hard for him to admit he has a lump in his throat ever time he thinks about this RIIIIING DEAL...LOL

When he was presenting he said his past month alone was 250k. That’s insane growth with only selling direct with little marketing. They def missed out

@@prs3054 it justifies 700k for 10 percent though

@@prs3054it does lol. Million in sales in 9 months and 250k in last month, 7 million is definitely a fair evaluation

He wanted the SAME for the Scrub Daddy sponges too. He said he would give Aaron (who started the company) $100K which Aaron was asking for (Aaron was asking for 10% of his company for that money as his starting deal) and he said he just wants $0.50 in return per unit sold until he gets his $100K back then $0.10 per unit after and the manufacturing price per sponge was around $1 and he was selling them for $2.80 I think it was or something at the time of the episode airing and the only reason he wanted cash was to build his own manufacturing plant in the USA to make them because he was just shipping them overseas from Germany at the time AND on top of that he had issues with time management with that manufacturer on his sponges and wanted them to be produced for less money AND increased production capacity with the improved time management issues. Kevin's offer would essentially mean no matter what Kevin makes money off the product and he suffers no losses from it after he has his money back and he doesn't even own the company to make money off it meaning that when it comes to pitching an idea to the sharks the pitcher is free to buy back the share from the sharks in the future however they please but with this deal the owner is STUCK with the fact that they are giving away free money to someone and you can't buy them unless you get them to bend to their knees and change the contract

What is the monitoring app called that you use from Jamie? Thanks, and what you wrote is very accurate

Ring sucks

And the way they talk, if they get talked back like that....yikes...

Right

I don’t really think he was. He is already rich, you can buy anything in the world with the money he has and 100 million isn’t going to do anything to someone with a net worth of 500 mil

@@poopoogamer1232 20% of his net worth definitely would do something to him LMAO

@@poopoogamer1232 rich people always want more

@@poopoogamer1232 the man who created the ring is a richer than him now 😂😂😂, he couldn’t even answer the questions direct cause he lowkey knows it wasn’t a smart move

What are you talking about? Kevin is worth more than Jamie still. You must be too idiotic to realize that when Ring was sold for 1 billion, the owner didn’t get 1 billion

So they’re not respectable because they’re selling cameos and courses?

@Adrian Cantu and none of those guys are being investigated for anything…. Ontop of that who wouldn’t do a 1 min video for 2k???!?! That’s literally 2k a minute. Ontop of that a lot of the big time celebs are on that app.

And how many hundreds pf millions have YOU made? Yea. Hush up.

This guy blinks 2000 bpm

Neither of them are, to be fair. All the Sharks created their insane wealth on gut instinct and decisions. What they think will/won’t pan out. There was no way for Mr. Wonderful to have predicted the future of DoorBot let alone the average Joe or Jill. 🤷🏼‍♂️

@@randomz8065 what are you talking about? Did you even read AND comprehend why I posted? 🤦🏼‍♂️

@James Dean you have no idea how rich I am, take a hike.

Yea, and someone approaches your with a shotgun. Who's winning that gunfight? Not to mention WHEN you depart this world, how would the intruder get founded in a timely fashion? All that could be avoided just having the option of seeing someone approach your house beforehand. You know, get the jump on them. Ignorant much? 😅

@@gabrielsim6340 You know a Smith and Wesson is a firearm.

Nice! Hopefully they soon install the CIA devices inside their homes, not just outside!

Like what?

You sound like a competitor's bot. You a bot boy?

I tried the other great options, not as good as ring. my opinion of course

The China doorbell every bit as good for 30 euro

My dad uses Ring and I use SkyBell. I personally prefer SkyBell after using both.

If you walk up they would get a notification, see u spray the camera call police simple

Which is a copy of the Australian show, which is a copy of the Japanese one, the true original.

Oh Japan was first. Exactly. That's how it all seems to work. It's the same for so many shows.

Storm4155 what? Which other show was japan first at?

First original show was from Japan called "Money Tigers" started in 2001 to 2004 it was local and only watchable at Japan since social media/internet wasn't so popular like today, so it nobody knew it outside of Japan so much about the show and concept. After that Australian version was created called "Dragons' Den" which was copy from Japan's version in the end 2005 but it had poor TV rating, it was cancelled cuz poor rating and only like one season was aired, later 2015 come back and it was reintroduce as Shark Tank. while Australian episode was aired in New Zealand and UK TV broadcasting, then these countries quickly in a start of year 2005 (UK and NZ) adopting the concept buying rights in from Japan TV Company which was original airing this kinda concept show. And starting aired this show "Dragons' Den" in 2005 in UK and NZ. So with UK/british influence in Canada, so Canada started his english verison of the show in late 2006 with same name "Dragon's Den" which stared Kevin O'Leary and Robert Herjavec as investors. Meanwhile airing show in UK in 2006/2007, some EU countries started copying from UK version concept of the show like Isreal in 2006, Netherlands in 2007, Croatia in 2007 (show never aired due to some legal issues), Finland 2007, Romania 2007, .... With canadian success of the show in NA broadcasting TV, then USA version of the show begin production called "Shark Tank" in late 2008 with Kevin O'Leary and Robert Herjavec as investors. First aired episode was in summer of 2009. With lot of PR, marketing, large TV ratings and prime TV awards shows booms and become large success. After that all around the world started this kinda show, called "Shark Tank" or "Dragon's Den" from South America to Europe, Africa, Asia and even middle east countries.

Wow thanks for the in-depth history lesson. I'll have to check these out on the net.

People can go poor and become rich over and over again.

@@ShaunKhan Elon Musk isn't poor

how to properly clean your plastic computer He’s not rich either. He has to actually sell a lot of his shares to be rich but he’s just nw rich.

@@ShaunKhan only if they're idiots

*Great depression and recession has entered the chat*

You saw 8 minutes out of an hour and a half discussion. Every deals on shark tank are hours long but we're shown the highlights only

Tbf we give people who contribute nothing lots of resources in our society, it's called being rich.

Nice

And he only wanted 10% equity, which already values the company at $7 million, which is about what it was worth at the time of the show.

@@youtubecensorpolice9112 im pretty sure he wanted royalty for life

Dude what are you saying these guys can blow up an product they don’t just pay money and that’s it. They work on it to make them money as well. Dumbest comment I’ve seen in a while and 234 dumbasses as well

Who knows maybe they’ll find a cupcake company😂

Way more than 100 million

Yea he blew it but he’s not gonna beat himself up over it he’s still rich lol the fact that he’s complementing the inventor and giving him props is signs of a solid guy in my eyes.

I don't think you understand the point behind that saying

Didnt blow it, still richer than all commenters on this vid combined And honestly, u sound a lil salty. Making fun of someone in the 1% for not going into the .5%

Wdym

@@poopoogamer1232 The Sharks on Shark Tank didn't think Ring would be used as a security system or be competitive with other products in that market already.

not really. they rarely take more than half. they dont even have a controlling stake

these companies are usually startups with huge risk, of course they want high returns. who else is going to give them money for prototype ideas or products that owners have no idea how to mass produce and distribute.

People go to shark tank for much more than venture capital. They go for the visibility, and for a mentor in the company in the business aspect and monetization optimization. In these respects, I think they arguably aren't being taken advantage of. I think some of shark tanks biggest successes wouldn't be where they are today had they never appeared in the show.

@@dsmith5925 ye these guys have the resources they have plugs like lory has the retail plug etc

If Kevin had gotten on, they would have tanked. The reason they got to 1 billion was one less bloated leech.

for someone so rich, hes actually kind of humble. and admits when he fails.

It's exactly like that lol