Shark Tank US | Scrub Daddy Makes The Sharks Go CRAZY! 

Actually doorbot aka Ring was the best

​@zacksaccount7785 doorbot aka ring didnt get a deal.

You’re right it didn’t get the deal but all 4 of them wish they would have made a deal cause now is worth $1.8 billion since Amazon bought it from him

​@@kevin15175That's easy to say in hindsight though. According to Cuban, before being acquired by Amazon, Ring had to spend hundreds of millions on advertising. There's no way the sharks could have known that the inventor would raise that much money.

The most successful product invested in was actually Bombas socks. This is the second most. The most successful in general is Doorbot/Ring

Not mine

Not mine

Not mine

I love mine

Not mine

they in fact did not know who they were dealing with

It's the editing you dingus

​@@neo-filthyfrank1347 Yeah, exactly, I agree that the guy is smart, but the quickness of his answers is probably due to editing. We don't know how long they actually talked, the deliberations could have gone on for 20 minutes for all we know, but the footage is of course edited down a condensed segment for TV.

​@@neo-filthyfrank1347 Yeah, exactly, I agree that the guy is smart, but the quickness of his answers is probably due to editing. We don't know how long they actually talked, the deliberations could have gone on for 20 minutes for all we know, but the footage is of course edited down a condensed segment for TV.

Its literally the best product I use it all the time.

It the best cleaning product

​@@marc-antoinemarcoux697what's so good about this compared to other scrubs, I never tried it so don't know better

how is it silly its brilliant

@@thevoicelesswriteryea but the reason people continue to buy it is because there’s literally no sponge as good as it

4 months later now hes worth 175 million

Great to see another dude from Philly making it.

Lori eventually reached out to him too before it all happened. His partner from the very start was her and I was happy for him that Lori even stood up for the other business partners who wanted a deal with Scrub Daddy. Those business partners tried to lead him into failure but Lori stood up for him and his product and made a deal happen with them. The product is now one of the best products out there and he's making great money.

And loris 20% got her 60 million

All that from a slice of pool noodles.

It was a rub. Kevin knew it was good cuz he congrats lori on the deal. He was just hazing the guy to act smarter when making a deal.

Kevin deal was great because he just give up haft his business

He was mocking Lori by saying that she was saying he didn’t know what to do and was an idiot. That’s why he said “exactlyyy” after the guy said he did know what to do. Kevin’s whole pitch was that he had the best offer in terms of money, just not the connections. Kevin claimed that the guy didn’t need connections to do well.

How is he asking for half the company. Product costs $1 to make and sells for $2.80. Kevin asks for $.50 per unit sold until he makes his money back, then $.10 per unit after. Thats not 25% of the company, thats not even 15% of the company, thats 1/18% of a single product, especially when this guy says he has more products coming up

She’s looking at him like a steak dinner, engrossed

His face too afterwards 😂

🤣🤣🤣🤣🤣🤣🤣

I was weak! 😅😅😭😭😭

Of course the woman was the only one to know the worth of a kitchen product

300 million actually.

Well... she is a woman..

300* million

Kevin and Damon didn't take it too seriously until they realized Lori already saw the vision and that's when they realized Scrub Daddy was going to make a lot of money. Even from the start, this type of product and presentation was a match made in heaven for Lori, she saw a cash cow the moment he opened his mouth.

But those were laughs of approval. They were impressed by the presentation.

There's a reason she has netted about $400 million only in company investments.

It didn’t even take that long. It was the moment he opened his mouth.

He knew how to work the elevator pitch. He had prob been practicing it since before he had manufactured a single one.

Come on, most of them weren't born with a silver spoon.

@@rohan_3128I think she was implying they were inexperienced with cleaning because they’re men, not because they come from privileged backgrounds.

You realize the guy who invented the thing is a man, right?

The stereotype that women are more experienced with cleaning supplies than men because women are supposed to clean and cook is kind of... sexist. Saying this as a woman.

@@PunkRatSoda completely agree, but I think the OP is saying just that. Shame that Lori gets it because she is a woman and they as men don't have the experience because of the disgustingly sexist world we live in.

They don't smell like regular sponges that disgusting moldy water smells.

$2 wholesale, so it sells for more to the consumer

Tell me you don't know how wholesale cost works without telling me you don't know how wholesale cost works.

@@liamprincetechI actually didn’t lol but it’s nice to know new information

I dont what to say Paul.. But i hope you’re spending your final moments with happiness, calm and at peace

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​@@petepaul615Damn dude. Do you need anyone to talk to?

And: it’s worldwide. I have several and I’m Northern European

I don't use it

Oh they most definitely do 😂

Not Lori 😂 she’s laughing at the bank!

Nah they could all tell it was perfect for Lori and essentially fought to get him a better deal from her

Uh no! Scripted

@@deelewis8061U gotta be a idiot if u think this is scripted😂😂😂

It was said by Krause that after the pitch, Lori said, for her it looks like a scam since he might be using different sponge or different kettle bell, so she had to try it for herself. From that moment, Lori knew. They cutted it out

​@@deelewis8061oh yes, they decide beforehand how they want to loose the opportunity to earn millions 🙄

Maybe they just know how to negotiate… but sponge dad knew better 😂

Which is first ?

@@sahadpop4135the ring door cam I think

@@sahadpop4135 bombas which i believe does socks, etc

@@sahadpop4135bombas, which i believe is a sock company

@@sahadpop4135 ring

My concern is the plastic residue that shreds off them.

This guy is a freaking genius! There's a Scrub Daddy sitting next to our kitchen sink at home right now!

Woman know cleaning. >.>.

93 likes with no comments? Lemme fix that

@@3.141_5shut up

I think its one of the best ones for sure 🥳

He was ribbing the guy. Kevin's smart. It was actually a show of respect I feel. Cuz he also congratulated her on the deal.

She’s prolly constantly lording it over everyone else that she struck the deal

What! Really!!

@@SeeTryFly yeah when it gets put into cold water the sponge becomes so hard that it can peel a potato

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He wouldn't have. He didn't offer any resources. Only 100k

As she said: ''Connections are everything''

Kevin is a piece of garbage and he was smart NOT to partner with him. Listen, with volume comes discounts in manufacturing costs as the high numbers of sales spread out overhead costs. So, even though his costs were over $1 a sponge at the time of this airing, he’s probably well under that per sponge, now… so imagine it eventually costs him 50 cents a sponge due to mass manufacturing - Kevin’s 7.5 cents per sponge would now be a whopping 15% of the cost per sponge… and for what? Kevin offered nothing but cash in return. Lori’s offer was off the charts compared to Kevin as she’s a master marketer with excellent industry connections. Kevin is nothing but a MAGA Republican leach. Btw, Scrub Daddy was originally made in USA (which was smart as the Chinese would have stolen the manufacturing if he contracted it out to China), but it’s now made in Germany. If not the USA, then Germany or Japan are excellent alternatives… but Germany is better since it gets him into the EU. Just sad he stopped making it in America when things got humming.

No Bro Lori gave him the best offer: The COGS Kevin wanted could have affected sales pretty badly too, while Lori really just wanted equity.

Eh, I feel like the company would have been way different today if a different shark invested

yessss

Mee!

I am, and it's AWESOME!

I never used it

​@@hfrt29They work well

We use scrub mommy. It's awesome!

But this has to be fake

Oh they’re reading a script

You spent 4$ on a sponge? Lmao I get a 10 pack at dollar tree for 1.25 and they work perfectly.

@@mrbong123 Yes, I’ve bought the 10 yellow sponges with green back scrubber for $1.25 ....useless. Scrub Daddy’s in a whole other ballpark.

​@mrbong123 worth it tho. Those cheap sponges don't do it for me :/

Investment and it’s good to get at least 1 and have a pack of regulars

@@mrbong123 I mean… $4 on one sponge that’s gonna last longer than all 10 of those other sponges…

7.5 cent would still equate to about 3% of your revenues, so that's even worse than giving away equity in some regards, because in a bad year Lori is not getting anything but Kevin would still be getting a share of every sponge sold.

Bro told Kevin “you’re out” in a heartbeat