Shark Tank US | Four Sharks Team Up For Songlorious Offer 

Thats not exactly what he said. He has a point though, he started FUBU with roots in the music industry.

@@roses2361 bruh take a joke damn

😂😂

That's how it usually goes. Also, Lori with "I alone can get you on QVC" even though every one of the sharks can do it and Barbara with her food stuff.

@@whyisblue923taken Yeah sure other sharks can do qvc, but none of them comes close to the level of success Lori has when it comes to the businesses she’s invested in on shark tank

Lmaoo for once i like the fact that she was left out. She eats all the available pie everytime and most entrepreneurs target her.

🤣

😂😂😂😂 read this comment seconds before the clip

now she knows how kevin feels all the time😀

🥺🥺🥺🥺🥺

Thank you Edwin! ❤

Yep, that was great. Cant wait to see how things work out

What a horrible negotiation he said 800k for 40 percent buddy from England said nah 500k fam and he like duhhhh ok nooooo u should have said can we meet at 600k I PROMISE u they would have accepted it smh 600k 150k each is legit pocket change for these guys

@@songlorious9174 What a horrible negotiation he said 800k for 40 percent buddy from England said nah 500k fam and he like duhhhh ok nooooo u should have said can we meet at 600k I PROMISE u they would have accepted it smh 600k 150k each is legit pocket change for these guys

sure, if sharks swarming makes you feel fuzzy inside.

@Travel Crawl Yep. Singing was poor... and those "personalized song segments" were no good either.

LOL. I made this exact comment on another video and it sparked a heated debate.

I agree I like seeing it without knowing exactly what's gonna happen

I think they know what gets more views honestly I don't like the suspense of what shark Invest so the title don't bother me It actually makes me want to see the actual details of the deal.

Why?!

Right. Totally ruins the suspense

this comment is gold

Well debatable on having contacts. If the business fails because of these two, then most likely the sharks would not want to do further business with them. Or if there is not much potential to them.

You act like the sharks would continue to speak to them if their business failed. These are not considered "contacts"

4 amazing sharks is true. But the question is, do you need 4 sharks? I've heard the sharks talk on countless occasions about the fact that having more than one shark on a deal means that every time an entrepreneur has a question, you need to run it through each shark's teams because everyone needs to be on the same page. Realistically, with Mark's connection to sports and the affiliation of song and sport, Mark's tech background to help with the software side plus Kevin's affiliation with the wedding industry, they could have easily countered with "We're not looking to give away that much equity. Mark and Kevin, would you consider coming back down to your original offer of 400K for 25% for the both of you?" or "40% is too much equity for us. We would be open to working with fewer sharks for a lower equity amount." and seeing what the sharks come down to. That would've been the better play but it is much easier to say things as an armchair critic than being on the spot.

@@khawajth well said my brother. They really do lack in business perspective hence he can't think of it on the spot and why they need a partner in the 1st place. Bring in daymond is really not necessary but he little bit afraid to said that and the idea of getting 4 sharks really get into him. He really felt the guilt when the shark said he became greedy with his counter offer and afraid he could burn the offer.

He shouldve just countered 600k right away

@@hyperion808gaming7 when he was talking to his partner he said “700k” and then comes in with 8, 😂

He shoulve countered 500k for 30% or less 40% of the business is a lot

Yup!! 200k per shark

Yes, absolutely. $600k would have been accepted.

I think that too except when I realize how many places they have to be in at once and they don’t have time to put into your business

exactly, they are artists, no way they want to be crunching numbers, running board of directors meetings, execuvtive board members, charity/donations plays, any royalties, big deals with music labels...on and on. Trying to run all of that will crush their creative juices....getting the sharks to each put their crack team on each task....is the way to go.

@@michaelpozzuto6419 yep, they'll disappear once the deal is done, one of them will be there to make sure the investment will be profitable, and the rest will do a magic trick n how fast to disappear. but i hope that I am wrong, for the sake of the entrepreneurs

@@JazzyMarineVet So very well said indeed!!

You need to get a life.

LOL 😂😂😂

🤣🤣🤣🤣🤣🤣

Lol was waiting to find that Barbara comment

Ah yes. Had to scroll for long to get a Barbara out quip. Thank you.

Love hearing this!!! 😍

@@songlorious9174 Can I apply to become a singer on your site even though I am still in college

This means a lot to us ❤

@Travel Crawl For such personal service for a special occasion, I'd obviously rather pay more for quality people and product. You and I have very different priorities.

They were at a 44x PE when they came in, still came away with 14x PE. Not shabby for a Services company.

Dudr they got the wedding decor covered, the social/diversity covered, the international covered. They rather own 60% of millions rather than 100% of a few hundred thousands. Plus they can focus on the creative work while the sharks handle the business aspect with way more success than they would.. and no competition..

$1.25M for a company that made $90,000 profit without a salary

They weren’t at anything when they walked in. They made $45k each in a year. They walked away with 4 sharks and $500k.

Considering they only had 1.8M total sales with a 9% profit margin before paying themselves, a 4M evaluation is a bit high. I agree that he should've stuck to his original 700k offer and then maybe negotiated for 600k in the middle. Sharks were definitely sharky this time.

thier margins are 9% before paying themselves, and would be 0% if they did. definitely not 90% roi

@Travel Crawl as long as you can market it… there are at least 500k dumbasses that will buy it

We've thought this countless times since then haha

@@songlorious9174 to be fair we spectators also just assume there's tons of footage edited out to make it potentially seem more dramatic. Good job to you regardless!!

They are NOT business owners. They are musicians and the sharks took advantage of it.

Thank you Deborah! 😀

Weirder than Kevin Hart?

I remember when Dragons Den first started way back in 2005, how things have changed, now Jones is on the US version and I like it.

I think Peter Jones' presence united them

Yes there has. There has been 4 together and 5.

you know how tv is, they cut things out. Before anyone made an offer, Lori said she wasn't sure what she could contribute, and went out.

Not like she can sell this on QVC. GTFO here.

Thats just life you know and in business timing and luck are always important. maybe it qas just not time for you

Its never too late to be a competitor

I'll give you $40 for 60% of the business

Should’ve worked hard for it, instead of crying on the RU-vid comment section lol

@@angeldeanda9764 if you know anything, you know that “working hard” in this economy doesn’t equate to success. life isn’t fair. you must be extremely miserable

😂😂😂😂😂😂

Link pleasea

​​@@unalkaplan2266 Link: "Trust me bro 😀"

enjoying europa league?

@@cherishaurely2514 grow up.

@@alxm1271 you must be fun at parties

@@cherishaurely2514 Basically, not your business. We don't know each other, let's keep it that way. Cheers!

That's where the owners erred

Really? I might have to look it up, that's wonderful! And the idea is great too.

@@loneaxolotl shes capping lmao

Why are you lying?

@@terriblyinaccurate5757 Damn, I'm not one to easily fall for bs, but this, I did.🤦🏻

That’s what sharks do 😅🦈

😂😂😂😂 Mark gives Lori such crap.

I just bought a custom song for my lovely boyfriend! It's his Valentine's Day gift. 🥰

I was expecting him to ask 600k (so its 150k each for 10%)

Yeah that was pretty rotten Daniel

hey this is crazy, i wanted to write the same: i`m about to start my first business but i had the EXACT same idea for my second business, i knew this is so good that i have to make it in the future. As soon as they came in i was 99% sure they have MY idea.

Me too

You get what you pay for so your cheap songs would be just that…..knock offs