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Shark Tank US | Mark Cuban and Kevin Hart Team Up For The Players Trunk Deal 

Sony Pictures Television
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Austin Pomerantz and Jason Lansing are seeking $650k for a 5% stake in their company The Players Trunk.
From Season 13 Episode 24
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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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Shark Tank US | Mark Cuban and Kevin Hart Team Up For The Players Trunk Deal
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30 сен 2024

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Комментарии : 874   
@robinabernathy2829
@robinabernathy2829 Год назад
Having an NBA owner on board would have instantly blew up their business. How the hell did they not see the value in that.
@topspot4834
@topspot4834 Год назад
Seriously. That alone would've been huge, then throw in Kevin who's friends and business partners with some of the biggest players in the NBA. I mean, is there a ball player on earth that Kevin and Mark couldn't at least get a meeting with? Talk about not thinking big picture. I wish them well and hope they prove everyone of us wrong, but I have a feeling they're gonna spend the rest of their lives regretting it.
@stephenasmith6387
@stephenasmith6387 Год назад
@@topspot4834 STRAIGHT FACTS
@nasara690
@nasara690 Год назад
It was about the low valuation and other investor that made them turn it down. I wonder how much equity they have/gave away
@TemplarX2
@TemplarX2 Год назад
In this case it's hard because they already have four main investors and others. They have little room to negotiate.
@tommynguyen8528
@tommynguyen8528 Год назад
because of their strong attachment to the valuation. they missed out big time... I would have tried to counter at 20% and fought hard to stay there.. 7.5% was an insult for the two to share that lol
@mad2msu
@mad2msu Год назад
I’d have countered with 20% with the hopes that mark and Kevin would’ve met in the middle at 25, but 7.5 for 2 sharks? Absolutely not!
@uddhavramgolam9743
@uddhavramgolam9743 Год назад
Lmaoo they would never agree they already said there is no counter
@shybzrk
@shybzrk Год назад
@@uddhavramgolam9743 Sharks say that all the time and they accept many of them
@4ProStudios
@4ProStudios Год назад
They were ether capped at how much they could give to the sharks by there other investors or they only came on this show for the publicity and never planned on making a deal.
@jessecumba
@jessecumba Год назад
Like Fred Sanford used to say: "ya big dummy!"
@HoneyBadgarDontGive
@HoneyBadgarDontGive Год назад
Black guy at the end was like FML LOLLLLLL
@ALVERTHEBUSKETEER
@ALVERTHEBUSKETEER Год назад
"let's do a crazy 13M evaluation and free advertising!"
@set4life30
@set4life30 Год назад
The black guy looked demoralized at the end! Bet he was thinking I should've gone pro than go into business with these dorks! 😤🤬🤦🏻‍♂️😫
@jasonkaplan9928
@jasonkaplan9928 Год назад
Wow they just gave up the opportunity for being multi-millionaires like it was nothing.
@jonandra678
@jonandra678 Год назад
They're going to fail miserably now 😆
@jvttsm
@jvttsm Год назад
ANDDDD now they own 95% of a grape.
@uddhavramgolam9743
@uddhavramgolam9743 Год назад
Lmaoo yeah
@garbygarb31
@garbygarb31 18 дней назад
Raisin *
@tintocherian7715
@tintocherian7715 Год назад
7:03 They should have countered at 20%...the fact that they were only willing to part with 7.5% shows that no deal was ever going to get made...
@acouslyk
@acouslyk Год назад
I thought they would! Damn these bozos 😆
@Easy420skate
@Easy420skate Год назад
Its because theres 4 of them already. With that deal they could've been looking at 15% ownership because they already had an investor and then the sharks would've owned the company.
@cancersurvivor9992
@cancersurvivor9992 Год назад
I agree and thought they would have done that. 20% would have been fair. Maybe up to 25%. Now.................
@user-lr4bo
@user-lr4bo Год назад
@@Easy420skate 15% of a Kevin Hard + Mark Cuban brand is more valuable than 50% of a literal who Chicago VC brand.
@Easy420skate
@Easy420skate Год назад
@@user-lr4bo that's their own judgement
@simonmc2348
@simonmc2348 Год назад
This was possibly the biggest mistake i seen someone make on Shark Tank he owns an NBA team and the other one is kevin hart i'm absolutley blown away 🤣
@QUiNTiNBANKS
@QUiNTiNBANKS Год назад
Mind blowing
@NiX_aKi
@NiX_aKi Год назад
The face of the actual athlete tells otherwise. He wanted that deal but the others were too proud. They failed to see the true value that the sharks bring.
@QUiNTiNBANKS
@QUiNTiNBANKS Год назад
Facts
@satinstepro7214
@satinstepro7214 Год назад
Absolutely! I felt like it was one person talking that made the decision! I felt like it wasn’t a mutual agreement between all of them! That deal should have went through, it was an amazing deal.
@jurgencuschieri
@jurgencuschieri Год назад
same exact thought
@agylao6894
@agylao6894 7 месяцев назад
He should have spoken up then if that was the case
@dwaynesmith9482
@dwaynesmith9482 Месяц назад
He’s the only one not pictured on the company’s website. The other 3 clowns are
@layasaul28
@layasaul28 Год назад
They missed the advice from Mark: "70% of a watermelon is a whole lot better than 95% of a grape."
@taej2754
@taej2754 Год назад
The athlete said it with mark
@stevethea5250
@stevethea5250 Год назад
Timestamp
@stevethea5250
@stevethea5250 Год назад
6:00 just as he said it
@generalideer6421
@generalideer6421 Год назад
They need to start officially calling this the five percent rule. Anyone coming in with that much of a valuation is just seeking the publicity and not an investment.
@vibecity5381
@vibecity5381 Год назад
That's not true, they were already valued at $10 million from actual money invested. They raised it a mere 30% without valuing shark advantage, not for seeking publicity.
@levizo9392
@levizo9392 Год назад
Their counter offer was 750000 for 7.5 😂lol..i don't think they came in looking for a deal
@omnientertainment5852
@omnientertainment5852 Год назад
Facts
@vibecity5381
@vibecity5381 Год назад
@@levizo9392 but they were paid 1000000 for 10.0 before, so obviously they were looking for deal..
@vibecity5381
@vibecity5381 Год назад
@@levizo9392 they weren't looking for a down-round, not not looking for deal
@timbucktwo8528
@timbucktwo8528 Год назад
MADNESS! They should have taken that in a heartbeat.
@livingdulce
@livingdulce Год назад
Right!? Wow
@oludotunode
@oludotunode Год назад
"Hartbeat" 😎
@jordansmithyu-gi-oh2224
@jordansmithyu-gi-oh2224 Год назад
@@oludotunode he spelled "Heartbeat" correctly...so why did you spell it incorrectly?
@do8mdaddy
@do8mdaddy Год назад
@@jordansmithyu-gi-oh2224 tell me your joking lol
@theempire00
@theempire00 Год назад
@@oludotunode hard beat 😏😏
@LuisKing150
@LuisKing150 Год назад
They had an NBA OWNER on board and blew it. LMFAOOO💀💀💀💀💀
@chrisliftstv
@chrisliftstv Год назад
They are going to see this upload, read the comment section, and realize what an abysmal mistake they made that day. Greed is a disease that will come back to haunt these young men. I always say, when MARK CUBAN offers you a deal, you take it. People are so caught up in the percentage of ownership in the company they don't see the big picture. Mark isn't wrong. 70% of a watermelon is much better than 95% of a grape. You live and you learn boys.
@spanishblood9899
@spanishblood9899 Год назад
Facts and people think just because they sell over a mill they’ll make over a mill. I see a lot of these small businesses chasing revenue instead of margins, profits and longevity. Mark and Kevin could have blew this company up. Now they’ll just be squashed like the cockroaches they are as Kevin would say 😂
@anovosedlik
@anovosedlik Год назад
Problem is that they already received capital based on a 10mil valuation. If they offer more equity, they are offering the sharks a way better price than their original investor, even though the original investor was the one that took on the risk. Usually it goes the other way around. I know the sharks are more valuable, especially in this case. They should have done the deal. I don't think they were acting out of pure greed; they're just young.
@billyhndrsn4542
@billyhndrsn4542 Год назад
@@anovosedlik yeah, they should of took the deal. If the other investors did not see the value they could be bought out, refunded capital if you will, which could be bought out by other investors that think working with Kevin and Mark is the right path, or by Kevin and Mark themselves.
@SapphireEmperor
@SapphireEmperor Год назад
That was an awful deal
@fpshooterful
@fpshooterful Год назад
Probably one of the quickest decision made by a pitcher/pitchers for this show. They should've thought about it LONG and hard, AND made the deal with Mark. This space is very competitive.
@BlackSuperman1100
@BlackSuperman1100 Год назад
They fumbled the bag soooooo hard, I was gonna say even at 50% they should have taken the deal. To have both a celebrity Kevin hart and and nba owner for 30% is a dream. They would have pushed this company everywhere they go and made it worth something.
@polloloco6496
@polloloco6496 Год назад
Damn yall would sell out for anything. Go ahead and give them 80 percent
@ronanbellis4775
@ronanbellis4775 Год назад
@@polloloco6496 more like we'd rather make more money than less money, the brand would be bigger with mark and kevin than it ever can be without, 70% would be worth more than 95
@Theeeeea
@Theeeeea Год назад
@@polloloco6496lol would you rather have 90% of $200,000 or 70% of 2,000,000
@Easy420skate
@Easy420skate Год назад
@@ronanbellis4775 bruh theres already 4 owners that are splitting percentages. They're all just keeping eachother's cut.
@jeevansandhu9344
@jeevansandhu9344 Год назад
@@polloloco6496 thats why your broke
@davida472
@davida472 Год назад
Kevin with the heartfelt goodbye always delivers in the end. Bozos lol.
@MongoloidMan12
@MongoloidMan12 Год назад
They really were bozos
@mercibeau
@mercibeau Год назад
bozos 💀💀
@stevethea5250
@stevethea5250 Год назад
7:25,
@donaldlong9562
@donaldlong9562 Год назад
The black dude face at the end says it all 😂😂. I actually feel bad for them. 😩🤦🏾‍♂️
@daruiraikage
@daruiraikage Год назад
thats racistphobic
@donaldlong9562
@donaldlong9562 Год назад
@@daruiraikage u can't be serious...
@illenium2929
@illenium2929 Год назад
I feel bad for just him because it seems like he would have taken Mark’s and Kevin’s offer. The other 3 guys not so much.
@daruiraikage
@daruiraikage Год назад
@@illenium2929 a proud black man dont accept no blood money from no white man
@donaldlong9562
@donaldlong9562 Год назад
@@illenium2929 yea it seemed that way.
@yusufsalame5415
@yusufsalame5415 Год назад
7:55 lmao dude on the left like these clowns ruined my future
@AllEliteDub
@AllEliteDub Год назад
They now have a networth of 1.5 million. Could have been a whole lot more with Mark and Kevin though imo.
@snowflakehunter
@snowflakehunter Год назад
They have 1.3 million in sales. Most of that did not go into their pockets. Plus, they had to invest 650000 dollars which takes away from the 1.3 million. Their investors need their cut as well.
@billyhndrsn4542
@billyhndrsn4542 Год назад
Their customer aquisition costs would be heavily reduced, maybe even athletes seeking them out with Mark and Kevin backing.
@snowflakehunter
@snowflakehunter Год назад
@@billyhndrsn4542 They already do have Pro athletes on their side.
@billyhndrsn4542
@billyhndrsn4542 Год назад
@@snowflakehunter this is college athletics, not pro athletics. The sharks have pro athletes as employees and friends. This group of men are trying to open the college athletics business, pro sports are a whole different legal issue. Pro athletes may be interested by selling merch of their old college numbered jerseys, hats, etc.
@snowflakehunter
@snowflakehunter Год назад
@@billyhndrsn4542 Do you not understand??? They have Pro athletes that were previously college players that endorse them. They sold some of their college jerseys through them and they now are endorses of the business. Do your research.
@fridayy127
@fridayy127 Год назад
This is actually so sad to watch. 90% of 200k is nothing compared to 70% of 200 million. I'm hoping they came for publicity and not to make an actual deal. Because it's no way they just turned down two of the biggest men in the entertainment industry.
@the_real_cookiez
@the_real_cookiez Год назад
Not just the entertainment industry, one of the is in the sports industry to say the least; which is like....everything to these kid's company. They even said relationships are everything. Why they didn't form one with MARK CUBAN is beyond me.
@uddhavramgolam9743
@uddhavramgolam9743 Год назад
Exactly now they will be stuck with earning 300k or even 1 million when mark could have gotten them make more money than ever
@shayboogs
@shayboogs Год назад
I think the issue was that their first round was at a $10 million valuation. My gut feeling is that their current investors told them how much they could offer the sharks. They couldn't take Mark and Kevin's deal because the first investors would have gotten crushed in dilution and it would have been embarrassing for them to have paid so much more (depending on the type of deal - straight equity, convertible note, etc.). Unrealistic early valuations are a killer and can crater a company.
@oldbot64
@oldbot64 Год назад
Yes but Kevin hart and Mark are big names especially with the connections they have
@claudiolibre2664
@claudiolibre2664 Год назад
The sad part they value their investor way more than Mark and kev can bring. If the investor bought it on a 10m evaluation then having both sharks can grow it to a 50m thats a win for me if you ask me.
@kalpakbansod3669
@kalpakbansod3669 Год назад
There are anti-dilution clauses too that the existing investors would exercise if they accepted this deal, in which case owners would lose a bit more of the company.
@JEzPz
@JEzPz Год назад
They fumbled a bag 😂
@improga
@improga Год назад
fumbled haaaard
@ShyneflowLC
@ShyneflowLC Год назад
I don't often think people are stupid for leaving without a deal on their terms.... This is one of those times
@GUIDESPERSPECTIVE
@GUIDESPERSPECTIVE Год назад
VC has 10% Mark and Kevin would of had 15% each. That's 40% already, and not sure how these boys have their shares, but if its equal split, then they would have 15% each. Same shares as Kevin and Mark. Damn. This would of been cash flow for life. They would of just sat back and collected after a couple years of grinding until this thing was just printing money for them.
@mrhumble2937
@mrhumble2937 Год назад
If it's that easy of a cash flow, Kevin and Mark could just start it tomorrow. Hire some COEs and sales and make millions. They haven't so its not that easy.
@arwineffendi4975
@arwineffendi4975 Год назад
*would have :)
@LifeCoachJesse
@LifeCoachJesse Год назад
Mark and Kevin could of used Kevin's line "what's stopping us from starting our own company taking you out of business and hiring you to be sales reps for our company going to schools to recruit players?" You can tell that the athlete was the only one that was all-in for the deal with Kevin and Mark. The other 2 were "wait what just happened this wasn't part of the plan." And the one speaking realizing that in the long run he might of costed the team a great opportunity. ("might" is giving them the benefit of the doubt.)
@WinterFrostx
@WinterFrostx Год назад
Mark and Kevin using Kevin's cockroach line would've "convinced" them to take the deal. "We can start our own company and crush you like the cockroaches that you are" But, that might bring badblood if the deal was to close.
@Easy420skate
@Easy420skate Год назад
maybe you don't understand percentages and ownership, theres four of them and one already known investor. With that deal they could've been looking at 15% each as a "owner".
@user-lr4bo
@user-lr4bo Год назад
@@Easy420skate Yeah because 25% each as a owner of some no name brand is so good.
@drew9453
@drew9453 Год назад
LMAO... the actual athlete in the group was distraught. I can't believe they didn't take this deal with open arms. They should have been in a huddle around Mark and Kevin jumping in circles on that stage.
@FlecheNoire07
@FlecheNoire07 Год назад
I can't believe the athlete keep his mouth shut instead of saying something
@ciaojay7025
@ciaojay7025 Год назад
@@FlecheNoire07 they might just using him
@dylansmith1381
@dylansmith1381 Год назад
@@FlecheNoire07 dude was always quiet on the court unless he was dunking. Needed to speak up there for sure
@pbfoley
@pbfoley Год назад
Ha. He countered 2.5% more My lord these guys just blew it. Wish them the best though
@pbfoley
@pbfoley Год назад
@TriIII seems like a waste of time for everyone involved. I'd imagine a shark working for you is far more effective than 15 minutes of fame and a questionable outcome of what is essentially a commodity.
@pfc4688
@pfc4688 Год назад
Id give mark and kevin 5% each for free just to have their names in there
@ChristinaMagma
@ChristinaMagma Год назад
Seriously
@captaink1
@captaink1 Год назад
guy saying "i have no regrets at all" at the end, and the other guy to the left of him is thinking otherwise while shaking his head... kevin was right to call them bozos.
@kellingtonlink956
@kellingtonlink956 Год назад
By the end… 3 of the 4 guys looked like they were bleeding ‘regret’.
@MsFunology
@MsFunology Год назад
I'm guessing they had a huge argument on their way home and the short guy couldn't sleep because he felt responsible and stupid, especially after everyone around them knew they turned down the two sharks they needed the most. Oh my God...confidence is good, but anything too much is not. SMH
@preamstream
@preamstream Год назад
Most likely accurate I guarantee they argued eventually lol
@aaronbarnes2636
@aaronbarnes2636 Год назад
I will forever be indebted to you you’ve changed my whole life I’ll continue to preach about your name for the world to hear you’ve saved me from a huge financial debt with just little investment thanks so much Mrs. Lisa
@alexarivera5544
@alexarivera5544 Год назад
Mrs Lisa changed my life because of the huge profits I got from investing with her.
@amandascott7174
@amandascott7174 Год назад
You invest with Mrs Lisa too? wow that woman has been a blessing to me and my family.
@steveleonard9920
@steveleonard9920 Год назад
I’m new at this, how can I reach your broker?
@aaronbarnes2636
@aaronbarnes2636 Год назад
@janelisabr
@steveleonard9920
@steveleonard9920 Год назад
thank you
@starwarsbunker
@starwarsbunker Год назад
Someone probably told these young boys to “be strong” and “not budge” … perhaps even their 9-5 job working parents. Bad advice. Missed a huge opportunity.
@joeking7778
@joeking7778 Год назад
7:55 “no regrets at all” meanwhile the guy on the left 😂
@kristinxox
@kristinxox Год назад
Well that wasn’t the smartest move. They should’ve taken that deal before either one of them finished their sentence
@slammy7689
@slammy7689 Год назад
I can’t believe they turned that down
@themusic6808
@themusic6808 Год назад
I wouldn’t even say they turned it down they made a ridiculous counter which told both of them they weren’t valuing their interest or taking it seriously. When someone gives you an offer and you want to counter you at least go halfway between yours and theirs, a counter of 17.5 or 20% may have kept it going
@slammy7689
@slammy7689 Год назад
@@themusic6808 Ya I get that but the opportunity to be with mark cuban and Kevin hart in the type of company they had would have been worth giving up some equity
@assassinbrother101
@assassinbrother101 Год назад
they were just tryna get clout
@jbenz1990
@jbenz1990 Год назад
If I were them I would have looked at Cuban right away and said you know damn well how big this can be let’s make a deal.
@alexthecreator
@alexthecreator Год назад
stupid decision - they would have "the brand" in that space with marc and kevin . now they will hustle and no athlete will even consider them without begging...with them both it would be like "hey greetings from marc cuban and kevin hart, we want you on the brand" - boom
@diwakar-r
@diwakar-r Год назад
I thought a better idea would have been to counter both of them at 1 million for 20% with both of them getting advisory shares at 2.5 each
@Moon_Presence
@Moon_Presence Год назад
Did you not listen? Mark said there is no counter....
@diwakar-r
@diwakar-r Год назад
@@Moon_Presence before he said that.
@snowflakehunter
@snowflakehunter Год назад
Mark said no counter offer would be accepted.
@snowflakehunter
@snowflakehunter Год назад
@@diwakar-r Would not have mattered. Mark was steadfast from the get-go.
@anovosedlik
@anovosedlik Год назад
Yeah the guys just froze up. I'm surprised nobody started coming up with more creative deal structures.
@shanybiran468
@shanybiran468 Год назад
No barriers to entry. Open your own e-bay store. Get your own teammates and school's athletes on board each year and take 5% of every sale. Why give 20-40% to these 4 guys??
@RealCerifiedGOAT
@RealCerifiedGOAT Год назад
WE NEED MORE KEVIN IN SHARK TANK KEVIN HART
@fhm786
@fhm786 Год назад
I’m sure Mark and Kevin would’ve negotiated somewhat despite then saying “Take it or Leave it”. Perhaps these guys could have clawed back 5 or may we even 7.5% equity if they really tried. But to counter at 7.5% and ask for more money is the stupidest thing I’ve ever seen! THAT TOO WITH MARK AND KEVIN! If they were worried about the VC’s who bought in at 10mil then in my personal opinion they needn’t have been. Any VC can see the value of Mark and Kevin and would’ve acknowledged that they will bring more than 5 x the value that they can.
@Vr4z1el
@Vr4z1el Год назад
They were greedy, stupid and too proud to admit being wrong. You can see they tried to use a poker face to get a better deal and when it was turned down they broke out in a sweat. At that moment they should have admitted being wrong and asked if they could go back to the original deal of Mark and Kevin. But as the saying goes, pride commeth before the fall.
@karnhall
@karnhall Год назад
Since there is nothing proprietary about it, Mark and Kevin could spend that same capital and literally start their own; tapping into their networks and contacts right away. I feel for the guys making decisions based on their previous funding round valuation but seems like an opportunity missed.
@upsidedownChad
@upsidedownChad Год назад
I feel bad for them 😔 they lost a HUGE opportunity!
@xoxoarih
@xoxoarih Год назад
feel bad? they did that to themselves theres nothing to feel bad about
@iiCamaxtli
@iiCamaxtli Год назад
Why? They were clearly there for exposure and not planing on making a deal.
@stevethea5250
@stevethea5250 Год назад
​@@iiCamaxtliand getting called bozos on TV hehhe
@legendarytony
@legendarytony Год назад
They could’ve countered with 20% and all been 5th partners and if they would of said no 25% you say yes cause it’s Mark Cuban and Kevin Hart like how they fumble that😭
@jandrealalpapara9150
@jandrealalpapara9150 Год назад
They will regret it for the rest of their business life. The fact that Kevin and Mark teamed up to make this business work will definitely secure their business and future. However, they didn't see the longg term value of having these 2 as partners but rather focused on the money.
@Clutch9099
@Clutch9099 Год назад
They were very greedy 👇
@Clutch9099
@Clutch9099 Год назад
@Michael Terrell Bruh :C
@roseannheckel4800
@roseannheckel4800 Год назад
That’s CRAZY BOYS- I hope u do well, but BIG MISTAKE- you could had got to your 15 million a lot faster w/ Mark Cuban alone! You had 2 of the BEST! oh my God! I’ll be following to see how this turns out!
@ytuseracct
@ytuseracct Год назад
They really fumbled the bag. An NBA owner and a celebrity with athlete connections. Really such a waste of opportunity.
@rahimmahtab2993
@rahimmahtab2993 Год назад
NBA owner !!! Freaking NBA !!!! Absolutely insane Their counter was so off base, when sharks are saying no counter the least u can do is ball park it if u decide to still counter Did they really think mark would go 7.5% ? Omg yes
@TheVic18t
@TheVic18t Год назад
It was 7.5% for Mark AND Kevin. So it's really 3.75% for each shark. Insane.
@User55674
@User55674 Год назад
Their valuation was sh*t. I have never seen such a ridiculous valuation. How stupid can they be? It was a very good deal. The value Kevin and Mark would bring to the company would be more than worth it.
@cjgatmaitan5924
@cjgatmaitan5924 Год назад
HAHAHAHAAH waduhek they are thinking.. Kevin and Mark on the same team? That's the dream team of business partners
@vitaluka
@vitaluka Год назад
If they had issues with the equity they should have looked into a royalty, commission or line of credit deal with Mark and Kevin instead.
@ftd888
@ftd888 Год назад
With Kevin Hart, you get an internationally known (and loved) spokesperson. Then, within the sports and business world, Mark Cuban is a legend too. As others have noted, the other investors may have put a cap on the amount of equity that the guys could offer. If it had just been the four guys alone, I think they would have negotiated differently. I think they knew what they left on the table - but they did promote their product very well.
@Yepheonix
@Yepheonix Год назад
They will regret this till they grow old lmao
@acetrainer69
@acetrainer69 Год назад
The six of them would have been at 15% each. The VCs own the last 10%.
@coolest228
@coolest228 Год назад
Honestly the only things I can think of is either the firm they were with wouldn't let them give up that much equity, or the % of ownership they already had would have gone down to low, if the other investor wasn't willing to be diluted , so if they sold already 12.5% - another 30% divided by 4 (assuming they are all equal partners already) this would have given each of them 14.3% and mark and kevin wouldve owned more of the company than them, at least as individuals. Still doesn't make much sense to not make a better counter offer than what they did though. I'd have offered 20% for 650, at least knowing that it wouldve gotten shot down.
@ciaojay7025
@ciaojay7025 Год назад
600k for 20% still more reasonable than 750k for 7.5% They're value more the money of the VC. They're too dumb to realize that
@tf8187
@tf8187 Год назад
Damn, the one guys face at the end. I actually feel bad..
@ricjay777
@ricjay777 Год назад
I will give Mark 30% of my business to be my partner with no money. Coz I know he can boost my sales big time. They missed out.
@christopher200xxgaming5
@christopher200xxgaming5 Год назад
I can’t believe they rejected that offer, you literally get an NBA owner, and Kevin Hart who is awesome 😭
@ukan.536
@ukan.536 Год назад
Leave it to Mr. Wonderful to crush somebody's self esteem.
@damien4673
@damien4673 Год назад
Dude just said he is an NBA owner and they could have two sharks, turning this down was the biggest mistake they could do
@csttornado3965
@csttornado3965 Год назад
Greed is a killer. Should’ve ran with that deal, two powerhouses. Road to irrelevancy.
@mikeanderson3811
@mikeanderson3811 Год назад
wow that was stupid forget college athletes they can sign up and sell cuban and kevin hart gear
@WinterWalker_2
@WinterWalker_2 Год назад
Y’all had a POWER DUO and turned them down. Played yourselves
@sandorclegane4240
@sandorclegane4240 Год назад
Ok I always say. If it ain’t right it ain’t right. But jeeezusss how did you even not consider that!? Crazy. I’d gladly give 40% for those 2
@John-qw4vs
@John-qw4vs Год назад
Such a stupid mistake
@williamhunt628
@williamhunt628 Год назад
STOP RUINING THE EPISODE BY DESCRIBING EXACTLY WHAT HAPPENS IN THE TITLE. JUST SAY THE COMPANY NAME DONT SPOIL EVERY SHOW
@Samrules4ever
@Samrules4ever Год назад
I would take that deal in a heartbeat. Just me. Perhaps, older and wiser.
@cloudyjohnny
@cloudyjohnny Год назад
I would of counter with just Mark Cuban in the deal 15% of the company and a $400k investment
@andreprefontaine3824
@andreprefontaine3824 Год назад
to be honest, if you want them? i would come there and say im looking for mark cubban im offring 10% for 0$ do you come? is value is worth a lot
@whitenip84
@whitenip84 Год назад
Am I the only one who immediately stereotyped these guys as idiots/frat super bros, especially with names like Hunter and Austin? And they did not disappoint 😆. And the short, fat dude is the "smart" one and only accepted into the group to help the rest with their homework 😂
@mrcrank336
@mrcrank336 Год назад
They blew it omgggg
@aligundogdu7668
@aligundogdu7668 Год назад
Barbara: you came in to make i deal. I dont make deals so for that reasons im out 😆
@anovosedlik
@anovosedlik Год назад
Yeah what is that
@warriormanmaxx8991
@warriormanmaxx8991 Год назад
@ali gundogdu - your Barbara joke is ... NOT funny!
@catchnupwithmichael1279
@catchnupwithmichael1279 Год назад
Guy on the far left was simply amazing during this pitch
@emiliobeltran9195
@emiliobeltran9195 Год назад
They’re so awkward just standing there like:🧍🏾🧍🏻🧍🏻🧍🏻
@MrBoltok
@MrBoltok Год назад
Barbra is always out. can someone make a compilation of Barbra's successful offer?
@Clayden
@Clayden Год назад
Kevin : I don't do stupid deals. Also Kevin in 2022 : FTX
@FawadNaeem898
@FawadNaeem898 Год назад
He got 15 million out of FTX
@zackruss8085
@zackruss8085 Год назад
The investment firm that gave them a million is crying right now because mark and Kevin could have turned that million into 20 million for them
@Lymlyt96
@Lymlyt96 Год назад
If they were the only company or one of a few in this space maybe I could possibly see how they turn down that offer but dam that was a major opportunity to stand out as a front runner WOW good luck fellas
@user-zt4su4ku6n
@user-zt4su4ku6n Год назад
7:22 the awkward silence 🤣🤣
@Kryptonian4449
@Kryptonian4449 Год назад
So the 4 of them are doing something that is common, not unique or proprietary. They had the chance to align themselves with 2 celebrities, one being an owner in the NBA and the other a famous comedian with access to athletes and they didn't take the deal? It doesn't make any sense. They had the chance to do something that would make their business blow up and could have really made something of it. But now, they may just eventually fade away into the background. And you come in with a crazy valuation like that makes no sense.
@livingdulce
@livingdulce Год назад
They messed up! You could say ...they FUMBLED.
@shakaama
@shakaama Год назад
So they already did a funding round. They were mostly likely told how much they could negotiate. THAT BEING SAID, the televised conversation isn't always the end result. They could have come with instructions to see if Mark Cuban was interested, and if so, secure him. That might happen off camera.
@JavierRodriguez-fo9iz
@JavierRodriguez-fo9iz Год назад
🎄👼 COVID Virus looks like and Represent A Circle is World and sticks is Trumpet Rapture that God did sound Wonders Worlds Biblett. Peace for holys goods finally. Shark Tank.
@nolanarmstrong2458
@nolanarmstrong2458 Год назад
"Nah he's a bottom feeder is what he is." - Barbara 🤣
@nathanlopez9978
@nathanlopez9978 Год назад
That was stupidly dumb of them to not take that! I feel so sad 😞
@treywilliams2182
@treywilliams2182 Год назад
They stupid as hell for not taking that deal
@JavierRodriguez-fo9iz
@JavierRodriguez-fo9iz Год назад
🎄👼DonDareDevil DonDevil Wonders Worlds Images Social Nettwork Biblett Shark Tank
@nashcan6350
@nashcan6350 Год назад
they fools u had dream partners and yall turnt them down thats cuban and kevin hart smh they of countered with 20%
@swiftoatmeal1874
@swiftoatmeal1874 Год назад
college dont make you smart lmfao
@cchan824
@cchan824 Год назад
At the end their face tells it all
@itachi1276
@itachi1276 Год назад
They said that their differentiator was “relationships” and yet they turned down Mark and Kevin who had the best relationships they could have asked for. Stupid and short-sighted
@PRADASPOPPA
@PRADASPOPPA Год назад
It's too bad they didn't get an education while they were in university. Simply put. They made a dumb decision not taking that offer.
@prahsdunos
@prahsdunos Год назад
How much do you think it costs to have Kevin hart promote your product now x100 to get him to help you run it and grow it, throw an nba owner on top of that and you’re dumb not to make that deal. Even if they grow it to a 10 million dollar company it could have been a 100 million dollar company
@joshblank1
@joshblank1 Год назад
That counter these bozos made was offensive….$750k for 6.5% 😂
@billyhndrsn4542
@billyhndrsn4542 Год назад
Wow, that was a fumble seen around the nation. Dudes, with the sharks your pie just quadrupled in size, less percentage of a much, much bigger pie is still way more, for everyone invested. Your college athletics company when you walked in, lets call it Earth, taking the Mark and Kevin deal your company is now the size of Jupiter, cornering the college athletics market, cutting acquisition to almost nothing, if they wont be calling you to do business. Even pro athletes would call about their former college numbers to make merch. Hindsight is 20/20, I believe your other investors ,who came in on a higher evaluation, would be more forgiving with 5 times their investment. This is just my opinion, guys.
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