Shark Tank US | Robert Tries His Luck At A Royalty Deal With Chill-N-Reel

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Chris Diede, Jake Rutledge and Chase Terrell are seeking $300k for a 10% stake in their company Chill-N-Reel.
From Season 13 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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Shark Tank US | Robert Tries His Luck At A Royalty Deal With Chill-N-Reel
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Опубликовано:

18 сен 2022

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Комментарии : 565

@ChillNReel Год назад

Crazy how many people are upset at us for selling something simple & fun to use at the water 🥴 Relax y’all, we’re just a small family business tryin to make a living and actually have fun doing it 😅

@Chilliak10 Год назад

I thought it was hilarious. I could totally see me and my dad each using one of these on vacation. So fun

@CarlmeisterWasTaken Год назад

I honestly like the product! Great when you don't want to be that guy that brings a rod everywhere they go. Just good fun :)

@supertacoelite5062 Год назад

It's a great fun gift, but I'm not sure it's a business. Although your sales prove me wrong

@Jesper83 Год назад

It's a lot cheaper than a rod and reel.

@shauryaaggarwal8141 Год назад

dont listen to your 5% haters

@noir289 Год назад

Robert really does have sharky moments. He lures you in with his fun personality, and then lulls you a bit with his backstory until CHOMP 'I want 35%' bahaha

@spaceshido6124 Год назад

I would do the same or go for 50% this is a small business

@ammaguy3166 Год назад

Robert just makes up offers. He looks at his notebook as if he’s thinking then just comes up with a percentage on fly like he’s guessing. Where’s as other sharks do some calculations and put thought into their offers especially Kevin. I really think Robert brings nothing to the table and is the least intelligent of the group. Perhaps he’s a 1 hit wonder with his security business.

@kolbymiller9977 Год назад

@@ammaguy3166 I agree!

@s_ame1135 Год назад

@@ammaguy3166 yup. Same with Barbara tbh

@CraftyMiscreant Год назад

I'm surprised that they don't take the 35 percent but with conditions. Like mentorship or training on how to be a good investor. You can still sack away tons of cash and invest in new IPOs or something of that nature. I'd offer 35 percent, but I want something I can take away that will last the rest of my life. Like, what does his portfolio look like and get training on how to build and manage one. Take like 5 hours of this guy's time a week and learn from him.

@Ranger_k16 Год назад

I love how mark tells them "they can counter" but for the majority of his deals he tells them its "yes or no right now"

@kevinfurtado4776 Год назад

When he says it's a yes or no right now, he's saying that he doesn't want them to entertain any other offers from the other sharks, he never said they couldn't counter his offer. Pay attention before you put out fake information.

@mudkipfan2420 Год назад

Rich people stuff

@heavensentssmokingchannel9847 Год назад

@@kevinfurtado4776 facts

@thebigbiwolf6048 Год назад

Bro you ok? Lol

@wrdswpns1139 Год назад

cuz hes trying to derail the deal

@MRB96 Год назад

Kevin gets the bad fame of being "greedy" for his various kinds of offers, but honestly it is always Robert the one that really looks for the worst offer possible whenever he has leverage

@davido4408 Год назад

I noticed that about Robert too

@saraeissa4954 Год назад

And Robert has so much ego and gets so emotional and takes things personally when an entrepreneur doesn’t want to go with him (and I mean it’s more severe than any other sharks reaction)

@God_is_good_ 9 месяцев назад

Jesus loves you!

@MrLucky9931 6 месяцев назад

Nah, it’s usually Lori who offers the worst deals. Using TVC and her kindness as excuses to do so.

@npip99 5 месяцев назад

A $1 Million dollar valuation for a one-time purchase novelty item that's losing money already seems too high, Robert was generous and was probably going to lose money.

@wantupaizr9009 Год назад

The company is still in business. Chill-N-Reel net worth is estimated at around 1.4 million for 2022. This business manufactures drink insulators, so beverages do not need to be kept down while fishing. This private company currently employs more than five people and is slowly expanding. The company’s founder Jake and his unique idea have also been highlighted in a few news publications.

@derekgardner1861 Год назад

You're clearly in the business or associated with them through friends or family

@Britni3125 Год назад

@@derekgardner1861 what? Looks like op just copy and pasted something from the Google to give people an update 🤷‍♀️

@dragonxev1144 Год назад

@@derekgardner1861 this dude comments updates about plenty of shark tank deals lol

@PowerFromAbove 9 месяцев назад

Five people, wow holy smokes 😂😂I 😂

@wantupaizr9009 9 месяцев назад

@@derekgardner1861 nope im just copy paste😂

@H76Pro Год назад

Why do they keep calling it a piece of crap? It is a product and it has customers.

@El_WIZZA_ 2 месяца назад

I'm pretty sure its a strategy to get those coming on to doubt themselves, so that the sharks can get a favorable deal. That, or they genuinely didn't see much in the product.

@lionart5230 Месяц назад

Because it doesn't provide any real value, lets be honest.

@rulerares84 Месяц назад

@@lionart5230living in fl which is where they are from, I see how lots of value could sell. Just depends where your from. Here we fish more than just inlets and ocean. Sometimes small bayous with lil bs fish too

@keyquestions 26 дней назад

It is, but it's also a fun way to live as entrepreneurs. Good for them!

@aayushrai8881 Год назад

The sharks using the "Chevaliers du Tastevin" each time before they drink is gold

@FANOFWAR34 Год назад

probably the longest running inside joke between the sharks. first time it was talked about was the guy who had the drill shoe cleaner

@stanleypressley2197 Год назад

what is that?

@FANOFWAR34 Год назад

@@stanleypressley2197 “secret” society of wine drinkers. interesting stuff, worth a google search

@ananyasen3720 Год назад

i have always believed that barbara always gets heat, but daymond rarely invests too.

@jamerstime Год назад

It’s mostly Barbara’s reasons. She makes outlandish excuses as to why she’s out

@saraeissa4954 Год назад

@@jamerstime Tbh i admire her honesty and reasons lol its quite entertaining

@thedude5599 Год назад

damons has tried many time sbut the sellers always choose another shark

@niaholder9168 Год назад

That’s cute idea

@herogebrial Год назад

They always avoid day monk's investments

@hz3646 Год назад

Love how Kevin’s the one that brought this creativity to the tank, now all the sharks are having a go at the ROYALTY Fiesta 🤣

@twodeepupyours508 Год назад

Robert always wants to buy into fun experiences 😂

@godsstrength7129 Год назад

Ikr he’s like a goofy dad. 😂

@dismalthoughts Год назад

@@godsstrength7129 He *is* a goofy dad 😛

@iwishiwasthomasshelby Год назад

Yeah but this time he almost bought into a garbage product

@ProjectColr Год назад

Nah he was waiting for everyone to decline before he offered, trust me he wouldn't have, why do u think he offered 35% when they were asking for 10%

@TopGHippie 7 месяцев назад

@@iwishiwasthomasshelbyThe sales are good though

@EGarrett01 Год назад

Daymond doesn't get enough deals as it is and now when stuff comes in that's in his wheelhouse, being a fisherman, he still turns it down? Maybe Barbara has infected that chair.

@zachbaseball1107 Год назад

IMO Daymond is the best shark on the show. He has plenty of good cash flow already. He seems to be the smartest when picking what companies to invest in.

@davida8145 Год назад

@@zachbaseball1107 Lori gets that honor. Daymond is close behind tho

@adingdingdiiing6740 Год назад

Daymond has the most successful Shark Tank business among all of them. Bombas. But Lori has the most in the top 10.

@EGarrett01 Год назад

@@davida8145 Yeah, I don't know Daymond's results but Lori knows her business better than Mark Cuban knows his. Most of Mark's money came from selling a website to Yahoo that went bust a few months afterward. His actual opinions on a lot of new technology are asinine in some cases. Lori continually gets hits with domestic and beauty products.

@ihkeseteeietos5722 Год назад

There’s a lot of meme for Barbara but I personally think Daymond is also out all the time and even more than Barbara.

@kevinchristian7743 Год назад

We were in Florida walking with our kids and ran into these guys. My kids love fishing, we obviously didn't bring fishing rods, so we brought 5 of them. Great novelty for the day, we fished for a couple hours off the pier, really fun impulse buy for shore line fishing.

@iwishiwasthomasshelby Год назад

It sounds like you just added three GREAT contributors to society smh. Can dumb people just stop reproducing?!!! Bring Darwin back!

@zeus-yz6gs Год назад

@@iwishiwasthomasshelby no wonder you are homeless :')

@iwishiwasthomasshelby Год назад

@@zeus-yz6gs you are evil

@zeus-yz6gs Год назад

@@iwishiwasthomasshelby not even close enough, compared to you :C

@neo-filthyfrank1347 4 месяца назад

did you catch anything? obviously not

@m.winger1512 Год назад

I've bought 5 of these! Awesome product, great simple fun. Thanks guys!

@lionart5230 Месяц назад

Good for you bud. Happy you are having a good time

@Justinlearns Год назад

If they added a little bait pouch it would sell even more. Bait and line on your beverage sounds pretty fun

@matthewremache667 Год назад

The fact that they even got an offer surprised me 💀

@onfireclips Год назад

Yeah what a silly idea 💡 😜 🤪 that's why one should never innovate while drinking

@tejask4889 Год назад

Sales my friend!

@AGILISFPV Год назад

Did you not hear the sales?

@onfireclips Год назад

Net margins are low

@sf6695 Год назад

@@onfireclips no bad margin for a new company, it’ll go up if they do the right things

@specialredd8031 Год назад

They called it crap! ( so unprofessional) It's a really good idea. Genius!

@keyquestions 26 дней назад

Everyone was laughing it up, even the owners, just a fun time. Not everything should always be dead serious 😉

@DanielleS1001 Год назад

And just like that, they just cut their marketing cost this year. That $350k in inventory was not on a whim.

@FusionDeveloper Год назад

If it was $60+ retail, it would be a failure. It's fairly stupid and fairly useless, but it's so affordable and serves 2 purposes, a drink holder and a backup/emergency reel or even as a "gag gift", so it is an easy sell.

@keyquestions 26 дней назад

Well said ❤

@rab7889 Год назад

I think it's a great idea. Low-key, doesn't get in your way, and adds a fun feature

@michellehebberd1442 11 месяцев назад

Lol my husband just mentioned this and so I had to see for myself. I love to fish and sometimes a reel and tackle is just too much to bring. I’m a simple woman and I’m loving this! We do lots of river, ocean, and lake trips and the less I have to pack the better! I’m buying three on Amazon right after I’m done typing this and I’ll be back during Christmas for more because I know so many guys in my family and other female and male friends who would absolutely love this! And yes… fun sells. We will definitely be chillin’and reelin’ soon! You guys rock!

@AnimeCritical 5 месяцев назад

Are these items single use? Or you keep filling the drink section after every use?

@Call_Duty627 Год назад

Hey, chill and real I met one of you guys at the Missouri state fair and I remember when you guys told me that you guys are gonna be in shark tank the next day I just now watched it you guys did an awesome job

@Call_Duty627 Год назад

You also sold me and my dad one of the😅😅

@foodsportsnewspk4020 Год назад

Mark is top G His enthusiasm 💚

@hayleyhills5673 Год назад

Perfect for kayaking on the river with friends. Midwesterns, iykyk 👋🏼👍🏼

@ChristleyKate Год назад

During the origin story, homie on the left was just like “man just ripped my story”.

@neilldn74 Год назад

Hard to find info on their 2022 numbers but from what I can tell, they are doing really well post-Shark tank. And they have just gotten themselves into Walmart.

@Arthur-rb3fw Год назад

Love robert's response

@felixchien1664 Год назад

"License on the technology..." TECHNOLOGY lol 😂. But good for them that they're having fun with it

@michaelbaker9347 Год назад

my main, and only issue with the product is having to use the line to reel it in. If they put an actual reel or something resembling one, i'd be all over this product in no time

@mattblumenberg6353 Год назад

FOR REAL. why not actually build this the way it's supposed to be? There are so many better ways you could do the exact same thing. I was wondering why I couldn't see how this works, but there's nothing there.

@dcenvy Год назад

Well at least they made sure inventory was stocked before coming on the show.

@mashhudhasanalfaruq767 Год назад

That's the example of product-market fit🔥

@docKAM Год назад

How many times has Robert said, "my first royalty deal" 🤨

@supertacoelite5062 Год назад

Never?

@plinsf Год назад

At least twice.

@tedluebke7032 Год назад

People do realize just because you might have a bunch of patents huge companies will still rip you off because they know small companies don't have the money to fight them and this has happened time and time again

@videowhat614 7 месяцев назад

It’s more because Chinese companies will rip them off, and there’s nothing anyone can do. It’s not the US based big companies that will.

@adingdingdiiing6740 Год назад

Robert turned on the sensitive switch quick. 😂 35%?? Damn sir!

@Kriptiko Год назад

I seriously doubt this deal would have closed if they accepted an offer from anyone.

@myhappyamwaylife8364 Год назад

Missing Barbara in this episode and her 'I'm OUT' and then 'I was never OUT, I'll give you an offer' comment.

@deliriant8963 Год назад

"if it isn't broken don't fix it"

@MrTibbs12 Год назад

I’ve just ordered one after seeing this video..i’m not a fisherman at all but this will bring me a lot of laughs ..great novelty product and i think that could be an option for you,to find a company that sells novelty goods and license it to them..this is the sort of thing I reckon would fly off the shelves at christmas if distributed properly

@ChillNReel Год назад

Wooo! Reel 'em in cold! 🐟🍺🤙

@God_0f_Death Год назад

If you guys had added an actual reel or something resembling one, I'd be all over this product in no time.

@ChillNReel Год назад

@@God_0f_Death Thanks for the comment! We do get that question from time to time, and it's still something we will work on, but in previous prototypes it hasn't done well because there is no pole to hold the line and keep it from breaking when a fish swims from side to side, plus it shakes the drink quite a bit. Not to mention that a spinning reel mechanism ends up making it tough to keep the Chill-N-Reel under $20. So we kept the hand-line reel, which people really love!

@EvanBreitbeck Год назад

Respect to you guys for sticking to your guns, 35% or $2 royalty in perp. is absurd

@brandonyo5718 Год назад

@@ChillNReel it’s hard to keep it under $20 with a reel? What about keeping it under $10 for it not having a reel just a string? You know since u make them for $2 lol I can imagine what price it would cost you to make after adding a reel what $5

@alipeer8733 Год назад

Barb: this product is too outdoorsy, and i’m always out, so i’m out.

@warriormanmaxx8991 Год назад

@Ali Peer - Above Barbara joke is NOT funny !!

@alipeer8733 Год назад

@@warriormanmaxx8991 so you’re out? thanks

@customhookah7489 Год назад

Thus was a great pitch

@MrAppbee Год назад

I just bought one lol my dad loves fish in and I think he’d like it

@lunar1227 Год назад

3:13 wrapped it around with WHAT 😳

@jroweapd Месяц назад

Glad they showed them up! Keep on reeling! 😊

@thathypersonicfan1986 Год назад

This is the definition for « buisness is boomin’ »

@best_xh1111 Год назад

middle guy looks like tommy lee jones.great product they have thinked of,really smart

@danieltaborga8921 Год назад

Rob is crazy asking for that much lmao slap to the face

@genxchas 9 месяцев назад

Lori: where's the rod!? Me you sure you wanna see it 😂

@spyk_316 Год назад

Mark is such a troll 😂😂😂

@shreekrishnan86 Год назад

Good decision by them . Robert should have negotiated in royalty

@rahulshendre7089 Год назад

these guys are so fun

@spikes7846 Год назад

Damon's reaction was funny

@DatzAdam Год назад

They came here for the publicity, good for them on sticking to their guns.

@supertacoelite5062 Год назад

They didn't even get a real offer how can you say that

@4bidden4 Год назад

I met the dad and the son, these guys are awesome

@bigbradley1400 Год назад

I wanted one the moment I saw it. Genius idea

@jasminedragon3315 Год назад

These guys are absolute beauties, hope the product and them are doing well

@dancergirl4068 Год назад

It rlly bothers me how they keep putting the results in the title

@mrnobody5567 7 месяцев назад

Thought about one you can clip on a surf rod rebar/pipe holder

@niaholder9168 Год назад

Love these guys ❤

@ChillNReel Год назад

Love ya back 🍻🐟🤟

@ronv.6461 Год назад

Grab you're slack and tip it back..lol luv it I'm sold

@ethannustad4102 Год назад

I bought this product and love my chillnreel!

@josda1000 Год назад

Lori: I love what you've done. I'm out. Sounds like Barbara.

@talha8020 9 месяцев назад

Kevin is soo funny 😂😂

@jarednil69 Год назад

I could see this in Spencer's Gifts shops.

@johnproffitt6660 8 месяцев назад

A kayakers best friend I love it I told my wife I want 2 of them for Christmas and then told my daughter the same thing so I'll have 4 of them for kayaking next year.

@tmalcolm6138 Год назад

These guys can increase their margins easily by simply adding 25% to the top line price

@JunglejitsuINC. Год назад

Bought 2 ! Fun gift 🎁 thank you

@knutthompson7879 Год назад

It is obviously a niche/novelty product, but I hope they make some decent money on it. It is sort of awesome.

@tkmorrison6404 Год назад

That was fun 😊

@bassbomb3 Месяц назад

Honestly i wasnt sure if i was gonna buy one but i will after watching this

@VX-cy4du 10 месяцев назад

Lorie is so giggly lol

@villainheadquarters6044 Год назад

The “ouuuuuuuuuu😮”

@SKinSKorea Год назад

I’m glad they didn’t accept the offer. I thought they would when they mentioned sales.

@youcanthandletheheat Год назад

They would be good for kids who drink canned beverages no alcohol of course. It would save so much hassle with the rods kids use. My daughter breaks hers all the time

@alexvillarreal9534 2 месяца назад

This is one of the only products i bought from shark tank i love it

@NzTings Год назад

Im getting one! Great for little camping trips

@rotmgWevouls 8 месяцев назад

They need to put a reel on that thing!!!

@TheB0a 2 месяца назад

This is definitely something im going to buy. Sell these in the Carribbean and other coastal countries

@avb19d6 18 часов назад

Genuinely shocked they didn’t make a deal. All the sharks seemed to make their decisions based on personal feeling on the product vs the actual facts. Idk

@richardrohaman2620 Год назад

Man i have to get one of this

@nicklowe_ Год назад

Robert’s royalty deal was cute

@MalAxl318 Год назад

I mean 1500+ reviews on amazon at $17,95

@JustJeff777 8 месяцев назад

I would add a handle for finger support and a small reel. Other than that. I'm glad they didn't take the deal

@GUIDESPERSPECTIVE Год назад

They asked for too much valuation. That product will sell for life. The global fishing industry is huge. The licensing opportunity with brands would be huge. Its a novelty gift at a no brainer pricepoint that will trigger impulse buys. Hell I would by it time and time again just to gift it. They need to team up with a big brand fishing product and sell a package. Maybe a bait brand and you get a lure when you buy the product.

@labamba3011 Год назад

I saw their product a few weeks ago on the channel where they take fishing lines off seals.

@yvonnecortes_ 5 месяцев назад

They took it iff the seal??

@labamba3011 5 месяцев назад

@@yvonnecortes_ Yeah, the seal was saved!

@teslapete4461 Год назад

get it into the PPAI or ASI promotional space and brace yourselves!

@noreenbrody5948 Год назад

Robert is a decent guy they should have taken deal

@unexpectedvixen5685 Год назад

Set up a booth in Pensacola close to the beach and they'll be millionaire's in no time lol

@kevinchristian7743 Год назад

They did this in Destin last summer, we bought 5 of them and just started fishing off the pier. They were selling a ton!

@twodeepupyours508 Год назад

That's what she said: "Where's the rod.?" "That's the rod.?"

@ChillNReel Год назад

Respect the humor 😂

@kucfY0utube 10 месяцев назад

*Jake founded Chill-N-Reel with an innovative idea: drink insulators to keep beverages cool while fishing. The company is still in business and its net worth is estimated at 1.4 million for 2022.*

@justinsharp8039 Год назад

Well they’ll make it back im about to buy one

@trailblazer295 9 месяцев назад

For under $15 it definitely has mass appeal for the casual fisherman. Anyone can sit on the dock or boat and try to catch small fish. Hell kids can have a coke can and fish beside dad.