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Shark Tank US | Will Sunflow Be One Of The Most Successful Businesses On Shark Tank? 

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Leslie Hsu and Greg Besner are seeking $1M for a 6% stake in their company Sunflow.
From Season 13 Episode 16
Watch Now: www.ctv.ca/shows/shark-tank
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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.
#SharkTank #SharkTankUS #SharkTankAmerica
Shark Tank US | Will Sunflow Be One Of The Most Successful Businesses On Shark Tank?
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26 авг 2022

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Комментарии : 969   
@LuisKing150
@LuisKing150 Год назад
The lady : my father passed away 2 weeks ago Mr wonderful: back to reality, let’s talk numbers
@justmedee
@justmedee Год назад
Perfect approach. The entire premise of the show is a business pitch "I walk into your house and ask for a million dollars of YOUR money because trust me bro." Entrepreneurs always weaving in some trauma to leverage a deal when at the end of the day it's nothing more than dollars and cents.
@1VIPWRX
@1VIPWRX Год назад
Money talks
@Raven14662
@Raven14662 Год назад
"I'll need to take an extra 2% royalty for his death"
@FonzyTorres
@FonzyTorres Год назад
I knew I’d find a comment about this 😂
@Robinson7RR7
@Robinson7RR7 Год назад
HAHAHAHHAHAHAHAHHAHA
@riccardoesclapon549
@riccardoesclapon549 Год назад
Barbara: "I'd like to buy a dozen" Also Barbara: "I don't believe in it, and for that reason I'm out"
@mrhumble2937
@mrhumble2937 Год назад
Plus what doesn't she believe? The numbers? They'd obviously be checked before any deal is closed.
@uw0k
@uw0k Год назад
why is barbara still on the show? she has never taken a risk…
@peterlyon185
@peterlyon185 Год назад
She cannot afford a dozen chairs. Bet she was out of that as well
@Pellkot
@Pellkot Год назад
Always like this. Im out, therefore i am Barbara
@makenziestancer146
@makenziestancer146 Год назад
When doesn't she say that
@ShivamPatel-et4kk
@ShivamPatel-et4kk Год назад
Daniel was so annoying with his offer. It was a terrible offer and he kept pushing it and he kept getting ignored lol it was great to see
@smoothasmr8392
@smoothasmr8392 Год назад
No. It was a good offer
@NR63917
@NR63917 Год назад
@@smoothasmr8392 🤣
@tonystank_kick
@tonystank_kick Год назад
They were so rude to him he told him a story about his dad that she could relate to so
@jamesfair9751
@jamesfair9751 Год назад
@@tonystank_kick the story about the dads were sad enough true but has nothing to do with business.
@jamesfair9751
@jamesfair9751 Год назад
He made an offer and asked if they wanted to counter they couldn’t even bother to counter him
@DogBread1
@DogBread1 Год назад
I like how Kevin always makes his offers like he is playing a board game or smthng😂😂😂
@johannmuster9726
@johannmuster9726 Год назад
imagine if he REALLY plays monopoly: " here is my offer son, all road leads to mr. wunderful. so listen. This street is expensive and there is no way you will double your rent in the next 30 minutes, so i make you an offer..."
@Lobito-qz9pz
@Lobito-qz9pz Год назад
@@johannmuster9726 " ...I will give you Baltic, but I want a 10 dollar royalty for everytime you pass Go in perpetuity. And if you don't take it you're grounded for not being as disciplined an investor as I am"
@davidADavis1981
@davidADavis1981 Год назад
its called chess
@pokemontradingcardgamecoll5934
*something
@geraghtydevin
@geraghtydevin Год назад
💯
@allthingstoallmen8912
@allthingstoallmen8912 Год назад
I love the way Mark talks business, it's so serious yet so calming.
@caitlingill
@caitlingill Год назад
He’s like the Simon Cowell of shark tank idc
@stevesalt9005
@stevesalt9005 11 месяцев назад
I know what you mean. Even when I disagree with him I agree with him. He validates himself very well.
@olivercrespo2329
@olivercrespo2329 Год назад
Mark peeking up and cracking a smile as soon as he hears “I want 5 bucks a chair” is hilarious
@zachrichard8992
@zachrichard8992 Год назад
Kevins "ichi-wawa karamba" is the best part of this whole video 🤣🤣
@Rachel-yk7cv
@Rachel-yk7cv Год назад
Barbara: “Call me a beach, but I’m out.”
@manojramesh4598
@manojramesh4598 Год назад
LoL
@gankwork
@gankwork Год назад
Nice one. Rly got me good
@tonystank_kick
@tonystank_kick Год назад
Barbara your numbers blow me away and for that reason I'm out
@Lommy9999
@Lommy9999 Год назад
No arms rests, no head support and pillow, accessories cost extra. They need to lower the cost of producing this.
@smaswqa4208
@smaswqa4208 Год назад
I think they were trying to paint a picture of two very humble and nice entrepreneurs and I think the sharks saw right through it. Also did anyone notice when she was talking about her dad Kevin said oh that's too bad with the most serious, unsympathetic expression ever lol
@justmedee
@justmedee Год назад
She literally grew up a multi-millionaire and tried to play the angle of humble beginnings. I wonder where their capital, financial safety net and time allocated for them both to work full time in this business came from LOL
@topspot4834
@topspot4834 Год назад
Agreed. She didn't have to throw that in. She was looking for sympathy and they painted themselves as something they aren't. If we saw this in the edited version (these can take up to 90 minutes in real time) I'm sure the sharks also saw right through it. Kevin realizes he's got plenty of time to do his due diligence before actually writing a check, so he can back sure what they said was legit. IMO their valuation was unreasonable. Just cause a product starts off hot, and will inevitably see a surge in growth after the show, doesn't mean it'll be able to sustain those numbers long term.
@janecoe9407
@janecoe9407 Год назад
KEVIN IS ALL ABOUT M ONEY.
@skyguy1236
@skyguy1236 9 месяцев назад
if you have to point out that you are "humble" you are most likely not humble.
@n7c
@n7c Год назад
Them: we are very humble Also them: we are going to be the most valuable company in the shark tank
@mkhanman12345
@mkhanman12345 Год назад
Did you like the product
@Philippe_Gruijthuijzen
@Philippe_Gruijthuijzen Год назад
@@mkhanman12345 Yes, I like the product. Easy to copy though.
@chazzerayen4615
@chazzerayen4615 Год назад
That's not being arrogant its being confident
@Philippe_Gruijthuijzen
@Philippe_Gruijthuijzen Год назад
@@chazzerayen4615 Arrogant is when you think you are better than others. Confident is that you have trust in yourself. If they were confident, they would say: We have a great product that will sell millions in the USA and abroad. Not (arrogant): We are going to be the most valuable company on Shark Tank. In short, the last statement is arrogant because you don't know other shark tank performances so you should shut up about it. Keep it to yourself, that is confidence.
@tony16991
@tony16991 Год назад
@@Philippe_Gruijthuijzen They are selling a product to extract investment. It's not a kitty party. You play your best hand.
@kaybmendoza
@kaybmendoza Год назад
Barbara never fails to make me laugh 😂
@michaeljohndadd545
@michaeljohndadd545 Год назад
100th like
@AA-jb5cs
@AA-jb5cs Год назад
@@michaeljohndadd545 I really like your attitude towards life. I really appreciate people that enjoy the little things.
@michaeljohndadd545
@michaeljohndadd545 Год назад
@@AA-jb5cs thank you. I hope you're encouraged and inspired that before reaching delusional ambitions, we should go first into the small things before achieving those.
@rivalstorm120
@rivalstorm120 Год назад
And for that reason, im out
@kaybmendoza
@kaybmendoza Год назад
@@rivalstorm120 🤣
@alanmorocho3962
@alanmorocho3962 Год назад
“Yea my father just recently passed away, but he’d be so proud today ” Kevin- “that’s crazy. sales.”
@williambloor4816
@williambloor4816 Год назад
The chairs are 296 now, ever since this aired, just if anyone was curious and wanted to either buy a plane ticket to New York or a beach chair
@gotentk4
@gotentk4 Год назад
Rich ppl r dumb
@richb1576
@richb1576 Месяц назад
Ill wait for the chinese knock off that will have all the accessory’s and will sell for 49.99 at odd lots
@TRUNKKS777
@TRUNKKS777 Год назад
I love Kevin, he’s actually here to do get into deals and make offers that work for him, sometimes it also works for the entrepreneurs
@topspot4834
@topspot4834 Год назад
Keep in mind, out of the deals they make, after the show and they do their due diligence, 30-40% of them never go through (according to Mark).
@vladcord9210
@vladcord9210 Год назад
As a person from south jersey, the shore culture is such a large aspect of summers in NJ. there are so many people that stay down whole summers or go frequently. 200 for a chair that ur gonna use a ton throughout the years is nothing. especially when many people own homes down the shore.
@bbking006
@bbking006 Год назад
Why would someone buy a chair for $300 that's made in China by some no-name brand, when I can buy a designer chair for about the same amount that's actually made in Europe/NA?
@vladcord9210
@vladcord9210 Год назад
@@bbking006 no “designer” beach chair is 300 bucks😂
@bbking006
@bbking006 Год назад
@@vladcord9210 My Cape outdoor chair isn't exactly a beach chair but its about 1000 bucks CAD. It's on EQ3
@DctrGizmo
@DctrGizmo Год назад
There’s no way I’d pay $300 for a beach chair.
@george_jordan
@george_jordan Год назад
But you're willing to pay $1500 for the latest generation iPhone i suppose.
@aboutcars8856
@aboutcars8856 Год назад
@@george_jordan my man right there
@uddhavramgolam9743
@uddhavramgolam9743 Год назад
​@@george_jordanlmaoo exactly
@TheInsomniarules
@TheInsomniarules Год назад
@@george_jordan actually yes, something I will use all day every day for the next 2-3 years until I buy the new model then vs. a chair I’ll use once or twice a week for 3-4 months and keep in the garage for the remainder of the year…
@chauphan4074
@chauphan4074 3 месяца назад
This is luxury goods, the Hermes and Dior of beach chairs for sure
@ImakittyLAWL
@ImakittyLAWL Год назад
This is honestly a premium product marketed towards the wealthy. But I'm shocked they didn't roast them for looking for exposure. Because that's kind of how i felt they were there for ultimately. Especially with the evaluation of the company.
@mrhumble2937
@mrhumble2937 Год назад
They shouldn't do that anyway, nothing wrong with taking advantage of a platform for exposure.
@captainexcalibur5051
@captainexcalibur5051 Год назад
In many ways the Sharks themselves are also using this Show for their own Exposure and Personal Media Motives that go beyond actually caring about investing in random businesses. And we are all entertained watching it. Win/Win/Win. :)
@lawrenceshdow
@lawrenceshdow Год назад
They just handed away 5% of their company for almost nothing... With their numbers; a bank would have offered a business loan at low interest and taken no ownership.
@nikosniko7092
@nikosniko7092 Год назад
@@lawrenceshdow yea I think it was a trade off for advertisement
@misterbobo8139
@misterbobo8139 Год назад
@@lawrenceshdow no they didn’t. They got the best shark
@robduffy8081
@robduffy8081 Год назад
I would be interested in how it works after Sand gets into all the moving parts
@arresthillary9502
@arresthillary9502 Год назад
Yeah it looks great in a dry conditioned space of the studio. Bring me one that is 3years old. And what is the warranty liability that Kevin just exposed himself to?
@erickhow767
@erickhow767 Год назад
More like salt if you use it by the beach always. Metal oxidize twice as fast because of salt.
@carolkaram246
@carolkaram246 Год назад
They still have to do due diligence and a legal and technical team vet everything before the deal is actually closed …
@jbreezy137
@jbreezy137 Год назад
That’s what I was thinking !!!!
@mulwelimushiana8388
@mulwelimushiana8388 Год назад
Yikes
@heythere3780
@heythere3780 Год назад
Kevin is one smart guy. The KIND guy was on his rag.
@huguesjouffrai9618
@huguesjouffrai9618 Год назад
They need to reach about 60m in sales for him to see his money back... Not a great deal imo
@tommyls4357
@tommyls4357 Год назад
Going through a rut, but watching this while I sip my iced coffee, something clicked in me, and I feel inspired. Thank you. I liked how Kevin pointed the finger and said "Done!". That inspired me for some reason. Thank you Mr O'leary.
@lordnextdoor3589
@lordnextdoor3589 Год назад
Thanks for this incredible story. You are very brave
@iinntthhuu
@iinntthhuu Год назад
Lets get it bro
@Ibochic1
@Ibochic1 Год назад
Hope you succeed at whatever you put your mind to!
@kallekillen2285
@kallekillen2285 Год назад
Love the energy. Sometimes the most random things can get us through though times and motivate us to do what needs to be done. Just gotta go with whatever life gives you and make the best of it!
@TateCase
@TateCase Год назад
i like how the sharks got so amazed by the valuation and forgot to even ask about what is the money gonna go to
@DeepSouthBuilder
@DeepSouthBuilder Год назад
The actual Shark Tank pitches last several hours. They are edited for tv. I guarantee they asked that question.
@viktorevgeniev1012
@viktorevgeniev1012 Год назад
@@DeepSouthBuilder Wow really? I didn't know that
@LuisKing150
@LuisKing150 Год назад
@@viktorevgeniev1012 yes I saw a behind the scenes where they can take up to an hour but they cut it to 10-12 mins average per pitch. One time Cuban said one lasted 2 hours
@Review-kc6sh
@Review-kc6sh Год назад
I love how mark face look when he heard 1million
@awsumawstun
@awsumawstun Год назад
They're still just beach chairs. I'd never pay $200 for one. And $25 for a cupholder is such a rip-off.
@ikhsanramadhan6050
@ikhsanramadhan6050 Год назад
On their website, the beach chairs have a 4.8-star rating from 191 reviews. Sunflow makes around $3-4 million in annual revenue and is worth an estimated $16 million.
@alex161
@alex161 Год назад
So they JUST reached the 16 million valuation after the deal. Kevin made a dumb move
@willyj3321
@willyj3321 Год назад
@@alex161 Not really… I’m sure he’s on track to recoup his $1,000,000 through the royalty. After that, he only stands to gain money from his equity in the company.
@RadTechAyesha
@RadTechAyesha Год назад
Well their deal fell off with kevin after a few weeks and so they found other investors
@LtFoodstamp
@LtFoodstamp 5 месяцев назад
​@@willyj3321 With a revenue.of 3.5 million at $200 per chair, Mr Wonderful is only making about $80K per year.on his royalties. It will take over 12 years at that rate. Not bad, but not great.
@tonywilliams6492
@tonywilliams6492 Год назад
I love when Kevin gets the deal he’s the best
@TorbjornMain
@TorbjornMain Год назад
There is only one Mr Wonderful
@shaheenone279
@shaheenone279 Год назад
I have watched Kevin's multiple offers and I think this was the most generous one.
@TileFloorsandMore
@TileFloorsandMore Год назад
Barbara: "I'll take 12 right now, for those reasons I'm out"
@DOXO881
@DOXO881 Год назад
Woman: My dad passed away a week ago Kevin: That's too bad... Back to our reality here, let's talk sales
@TheProphegy
@TheProphegy Год назад
“Well he’s gone just like me if you don’t accept my deal.”
@HarpreetExplores
@HarpreetExplores Год назад
Let us establish this “I am humble” said no humble person ever.
@EdCNJ
@EdCNJ Год назад
Love the functionality, I mean everyone can agree that beach chairs can be cumbersome at times. The price is a bit steep, I can see the price of this chair going down particularly if they expect to expand into loungers and/or a bigger beach chair. I'm very interested in the product but not at that price point.
@superEriccui
@superEriccui Год назад
“A bit steep” you are out of your mind. The price is the definition of insanity. Besides that the fact that you are even interested in this product Is crazy. You realize that it’s literally just a foldable beach chair that you can attach some stuff too. Put your money some where more important. Please.
@Ibochic1
@Ibochic1 Год назад
@@superEriccui lol. Never understood people who got rattled about what others choose to spend THEIR money on. 🤦🏼‍♀️
@mockingbird9646
@mockingbird9646 Год назад
And so for that reason you are out. Thanks barb.
@algorithme1950
@algorithme1950 Год назад
Update: The deal has failed because they raised money from other investors
@JazzyMarineVet
@JazzyMarineVet Год назад
I was wondering about that. That sounded like a bad bad deal. I give you a million and you pay me back a million? and maybe 2-3 years later we get an exit and Mr Wonderful gets 5% of the company, minus debt, investors.
@frozenfire72
@frozenfire72 Год назад
@@JazzyMarineVet the difference is when people come here, they are in need of money so that they can scale up the business. A small equity while only repaying the investor their investment is not bad. The investor also risks losing the money if the product stops selling like it used to.
@thebastardgift
@thebastardgift Год назад
Thank you for sharing that information.
@JazzyMarineVet
@JazzyMarineVet Год назад
@@frozenfire72 these are sharks, not your typical Angel investors or silicon valley investors. The entrepreneurs can expect to pay a premium to be a shark tank product and have Cuban, Lorie, or. Mr wonderful. He usually asks for 3x in his investments, a royalty, and then an equity share. The entrepreneurs got a better deal than Mr wonderful did, in my view
@katlis
@katlis Год назад
@@JazzyMarineVet Eh, the sharks aren't the holy grail of investors, there are plenty of other big pockets out there that can do the same things as them, or even better if their new investors are in the beach or similar category business.
@Alcygray
@Alcygray Год назад
I live a few towns over from where they’re from and I’ll tell you… Mark was right for calling them out on being “humble”. They live in 1 of the top 3 richest snobbiest towns in America. When I worked in the shopping mall in that town, it was all people like this. I’m not shocked in the slightest that they priced those average at best chairs for those highway robbery prices. Delusional, out of touch people from a delusional out of touch town in New Jersey.
@lorenzop9914
@lorenzop9914 Год назад
I don't get how people can pay 200$ dollars and more for a sun chair. I mean, understand the sales, brilliant invention. But the price cost seemed too high for me.
@WinterFrostx
@WinterFrostx Год назад
There are a lot of millionaires out there that can afford it, or high middle class. To them the convenience is worth more than $200
@l0troyoz
@l0troyoz Год назад
And for those reasons, I’m out.
@J.8_909
@J.8_909 Год назад
White people pay for anything
@olgafigueroa2909
@olgafigueroa2909 Год назад
It is for people who do not have a money concern. They actually love to buy nice tho gs and new gadgets.
@nikkimcdonald4562
@nikkimcdonald4562 Год назад
@@olgafigueroa2909 some people also love to overpay for items as a flex.
@noelcontreras9909
@noelcontreras9909 Год назад
I actually really like this product… but I’m broke lol
@mistercost
@mistercost Год назад
That was super risky to nickle and dime a 1%, so many entrepreneurs have lost deals in the shark tank because of that.
@myk-popper2960
@myk-popper2960 Год назад
1% is worth more to their company than most others that have come on the show because of their existing sales and projected growth.
@sh0cktim3
@sh0cktim3 Год назад
Kevin knows it was a good deal. No risk to his money and he gets 5% equity in a company that will be worth 100 Million+. Easy 5 million dollar return on his money.
@WinterFrostx
@WinterFrostx Год назад
Even at the 4% it was a GREAT deal and Kevin knew it, and to get another 1% is even better. Kevin has ZERO risk on his money, the company is already profitable, is seeing zero signs of failure (yet), and he gets a now 5% exit at a possible $5+ million dollar return
@mrhumble2937
@mrhumble2937 Год назад
I think they knew they didn't really need a deal, we're making millions just for being on the show.
@MonicaHolly143
@MonicaHolly143 Год назад
Its bot risky at all kevin already knows he's not gonna waste his money since its a royalty deal
@brandonyo5718
@brandonyo5718 Год назад
It blows me away how some of these companies think the shows exposure will help them. The only exposure they got was exposing the margins which makes me not want to buy it I mean chair should be $150 max and accessories 80 percent margins cost them $5 sells it for $25 is bs accessories should be $15 max
@chrisb.ramirez1080
@chrisb.ramirez1080 Год назад
these ppl always get their valuation stoopid high, and a humble person does not say he's humble
@adamrandles4055
@adamrandles4055 Год назад
Behind every shark tank pitch is a recently deceased immigrant parent
@VarsshaC
@VarsshaC Год назад
Mark is looking great. Healthy. Younger skin. Last year he was looking old.. Had old people's skin.. Was Looking a lot older than his age..
@ThomasG_Nikolaj
@ThomasG_Nikolaj Год назад
Wonder what changed? Is he still vegetarian? Maybe he started eating meat again or something. Usually vegetarians and vegans look terrible for their age
@pcspictures312
@pcspictures312 Год назад
They didn’t get the $1 million from Kevin, but they raised $3.5 million in an investment round led by Great Oaks Venture Capital and FOD Capital. Sunflow makes around $3-4 million in annual revenue and is worth an estimated $16 million.
@lorina13d79
@lorina13d79 Год назад
That was basically the same numbers on the show. So whats new? They said 10 mil revenue for next year.
@greatarabia8091
@greatarabia8091 Год назад
I don't get it. Why is it estimated to be worth 16 million when it's revenue is only 3-4 million? I thought it's supposed to be something like 4 times the net profit.
@w2w112
@w2w112 Год назад
@@greatarabia8091 3-4Million annually.. maybe the business is about 5-7yrs old
@SmokeDog1871
@SmokeDog1871 9 месяцев назад
@@greatarabia8091 Valuation is an imaginary number most of the time
@ozlopez652
@ozlopez652 Год назад
so.......no one is gonna talk about how $200 for a beach chair is ridiculous?
@TheMacC117
@TheMacC117 15 дней назад
It would seem that way.
@HoneyBadgarDontGive
@HoneyBadgarDontGive Год назад
KEVIN IS TOOOOOOO FUNNY😭😭😭😂😂😂 “sorry to hear that…that’s too bad. Back to our reality here”. Dude doesn’t care😂😂😭😭😭 gimme the royalties is all he’s thinking
@arlowish
@arlowish Год назад
Mr. Wonderful always has the best offers, he usually stays very money motivated and his deals always holds true to invest in possible ideas, but always making sure investment will pay off.
@derekderek2570
@derekderek2570 Год назад
Barb: I’ll take 12 of them! Lady: Great, that’ll be $17689….
@hereweare9011
@hereweare9011 Год назад
Barbara: I left my grandson at the beach, so for that reason, I'm out.
@harm8720
@harm8720 Год назад
Barbara: I haven't bought a beach house yet and for that reason i'm out.
@camzula86
@camzula86 Год назад
Imagine when you get sand in between those racheting/locking parts.
@almasyad228
@almasyad228 Год назад
The idea is actually great, I've had it before, same concept!
@arjundureja
@arjundureja Год назад
The chairs the sharks are sitting in costs $6500 each :)
@shireenalsaifi4028
@shireenalsaifi4028 Год назад
Who said
@arjundureja
@arjundureja Год назад
@@shireenalsaifi4028 Look up Herman Miller Eames
@wolfura
@wolfura Год назад
I always love it when he says 'And to what does this lead you, back to Mr. Wonderful.'
@KA-eu9sy
@KA-eu9sy Год назад
Wow! Good for them and Kevin. I'd wish the couple let us know what their previous education and career back ground is? Her Dad would be so proud of her. 2nd generation entrepreneur!
@ELLE-yg6lk
@ELLE-yg6lk Год назад
$200+ for a beach chair?! What about big families? Amazon can easily start selling dupes for $40 max.
@uddhavramgolam9743
@uddhavramgolam9743 Год назад
The chair is high quality the cost is 76 dollars and those Amazon chaid cost like 12 dollars 😂😂😂😂😂
@harryp3804
@harryp3804 Год назад
This is a new brand of passive agreevise humbleness ive seen 🤣
@nickinportland
@nickinportland Год назад
My grandparents fled from Trinidad in the 60s during the revolution. Am I allowed to bring this up at any job interview to tug at heart strings.
@Aevilbeast
@Aevilbeast Год назад
Whoa, Mark was right! Kevin got a pretty amazing deal. I don't understand why the other sharks thought it wasn't... They came in asking for $1 million for 6% and he got them to give 5% for a million but...is basically guaranteed to get his money back WAY faster, most likely within the first year or two. All that just for 1% less than what they offered. Who wouldn't take them up on that deal? It takes a big part of the risk of investing away. (That is, of course, relies upon their numbers being legit and that aren't fudging the numbers somehow. But like with every deal, it isn't completed until they do their due diligence and make sure everything is on the up-and-up. So really the risk of making such a deal is negligible for either party.)
@jordansadler8608
@jordansadler8608 Год назад
I mean they have to sell 200k chairs for his money to be returned which is $40m in chair revenue. It absolutely wouldn’t be a return in 1 year. Take at least 4 you’d think assuming they scale well.
@lijahboy1728
@lijahboy1728 Год назад
They have to sell 200,000 chairs for him to get his money back. They have sold 11000 so far, no guarantee they can sell another 189,000 at that price. Deal will never close as it will take years to reach the 200k chairs sold and they plan on diversifying and he gets no royalty on other products
@lawrenceshdow
@lawrenceshdow Год назад
@@lijahboy1728 I think they'll adjust the deal to include royalties on accessories. In which case he may have a great deal on his hands. Remember when people thought yeti was a terrible business plan because no one would buy a 400 dollar cooler??
@VarsshaC
@VarsshaC Год назад
I love Mark's smile.
@thebastardgift
@thebastardgift Год назад
Mark smiles as if he has a great secret. 💙
@SleepyProductions03
@SleepyProductions03 Год назад
Her my dad died Kevin “back to reality here”😂😂
@maryfa7985
@maryfa7985 Год назад
I read this right when he said it and I'm DYING🤣🤣🤣way to kill the moment
@dapperasian7720
@dapperasian7720 Год назад
Mark allyooped that deal for Kevin. Touché
@mesbahulhoda9539
@mesbahulhoda9539 Год назад
Am I the only one that have never seen any of the Shark Tank products in the stores?
@0kaznuan999
@0kaznuan999 Год назад
It's always nice to see Mr wonderful get a deal done
@TheProphegy
@TheProphegy Год назад
Said Ms. Wonderful
@AzharUddin-ob7vb
@AzharUddin-ob7vb Год назад
Men - I am seeking $1M for 4% equity Kevin - comeback to reality,
@Batkana_
@Batkana_ Год назад
"my dad died" Kevin: let's talk about sales
@angelwatzka
@angelwatzka Год назад
It would be a great product if they can lower the cost. This is no different than having the newest shoes, purse, etc. IF it holds up to wearing.
@jbreezy137
@jbreezy137 Год назад
I’ve lived at the beach my whole life and would never spend +$100 on a beach chair.
@lordnextdoor3589
@lordnextdoor3589 Год назад
Woman : my father died Mr wonderful : let’s talk about numbers
@lordnextdoor3589
@lordnextdoor3589 Год назад
Barbara : I’m Barbara and for that reason I’m out Cuban : congratulations guys Keep it going 😅
@gaganbachhal
@gaganbachhal Год назад
Lori: I cannot relate to it personally
@zedlles1973
@zedlles1973 Год назад
Daniel: My parents went through the same thing, and I can relate to you emotionally and for that reason, I'm out.
@kash24ny
@kash24ny Год назад
Barbara: Your numbers blow me away. For that reason I'm Out
@blehhhhh655
@blehhhhh655 Год назад
Robert: It's just too early for me guys. And for that reason, I'm out.
@Jake-jv9ff
@Jake-jv9ff Год назад
Phenomenal product, presentation, and deal haha love to see it
@ingrid8994
@ingrid8994 Год назад
Barbara:I don’t like the sand on the beach, and for that reason I’m out. 😂 🏖
@zodspeed
@zodspeed Год назад
Daniel really felt disrespected after he disrespected them with that offer 😂
@NightmaresBTW
@NightmaresBTW Год назад
I’ve literally never seen Barbara invest in anything ever since I’ve started watched Shark Tank.
@sramdeojohn4428
@sramdeojohn4428 Год назад
Love Mr Wonderful stare. ❤️✌️ Always can't wait to hear Mr Wonderful. 😊 Two good people together is a plus. Mark is very astute, 💙✌️
@Fgeurtni
@Fgeurtni Год назад
A humble person never says they are humble.
@Mint-kj9kw
@Mint-kj9kw Год назад
That's not true. False humility is actually a sign of pride. Moses (in Numbers 12:3) called himself the most humble man on the planet.
@Dev_599
@Dev_599 Год назад
I thought the counter asking for a reduction by 1% was quite risky.
@spicerc1244
@spicerc1244 Год назад
Yup it was literally lower than what they were originally asking. And Kevin isn't guaranteed anymore than what he put it in. I'm glad the deal fell through after the show aired.
@Dev_599
@Dev_599 Год назад
@@spicerc1244 Oh god! It fell through?
@KantoCacho
@KantoCacho Год назад
4:00 Entrepreneur: My father died a little over a week ago Mr. Wonderful: sorry to hear that... THAT'S TOO BAD
@joshualee4209
@joshualee4209 Год назад
"Thats too bad, back to reality. Lets talk about these numbers here"
@wittenberg5
@wittenberg5 Год назад
What do you guys want him to do. Nothing he can say to bring her father back.. They are strangers asking for a million dollars, we all have sadness in our lives but if you ask for a million the investor needs to see how they will get it back.
@joshualee4209
@joshualee4209 Год назад
@@wittenberg5 I’m not saying he was wrong lol it was just funny
@firstlast1947
@firstlast1947 Год назад
My manager lives in Short Hills. She owns 10 houses all over the country. The CEO of the company I work for also lives in Short Hills. You have to be rich to live there. There are LOTS of rich people who would easily pay hundreds of dollars for a great beach chair and accessories.
@buzztrucker
@buzztrucker Год назад
Considering 60% of their chairs sell with those accessories with good margins I think a royalty deal is better for them and they give up less equity and what I think is a pretty good product.
@dineshrabari7386
@dineshrabari7386 Год назад
Barbara: Well I like to burn in the sun so for that reason I'm out 💀
@londonlife7882
@londonlife7882 Год назад
My whole vacation costs 250$ 😂😂😂 I’ve always wondered who are these people that spend their money for that kind of stuff?? I mean you can buy a chair for $10 or so.. Cmon..
@dannystacks4109
@dannystacks4109 Год назад
2:42 ICHY WAWA KARRrAMBA 😂😂😂 BY MR WONDERFUL 😂😂😂
@lightsaber7863
@lightsaber7863 Год назад
wow! i cant believe they got that deal, kevins deal for 2m recouped was already an incredible deal but for 1m and only 5% equity for ever and only $5 for a short time until recouped on a $199 product and an exceptional shark not just some random investor is an amazing deal for these entrepreneurs.
@alexortiz3236
@alexortiz3236 Год назад
I think this would be awesome if it was $99, and then charge for the accessories
@jaimhaas5170
@jaimhaas5170 Год назад
Can we get through one pitch without crying or bringing up death and destruction?
@stephenmartin-rolsky4202
@stephenmartin-rolsky4202 Год назад
Instant fast forward when they ask for the entrepreneur's story
@DrB81
@DrB81 Год назад
Therapy culture.
@skynet251
@skynet251 Год назад
Love when Mr. Wonderful says " ahiii caramba".
@invincible7463
@invincible7463 Год назад
I bought a chair like this about 15 years ago. It wasn’t beach chair but same sun cover built in for $39
@Frederico.Huguenin
@Frederico.Huguenin Год назад
That’s an expensive chair 💀
@krazytubetv1322
@krazytubetv1322 Год назад
Fr
@random_fixes3229
@random_fixes3229 Год назад
Barbara is like a prop in this show. Just part of the set
@BitsAndPiecesContent
@BitsAndPiecesContent Год назад
What an offer structuring brain Kevin has! Brilliant
@dashkanishka
@dashkanishka Год назад
Mr. Wonderful has gotten much better at deals. Not much better than Mr. Cuban though but, still much better than the others and from himself in previous seasons.
@reviewsjustcuz1437
@reviewsjustcuz1437 Год назад
As of 2022, Sunflow is worth $16 million
@wantupaizr9009
@wantupaizr9009 Год назад
The Sunflow chair is an all-in-one beach gear that takes care of this problem. The couple Leslie Hsu and Greg Besner made the product, and they got a deal with Kevin O'Leary on Shark Tank. As of 2022, Sunflow is worth $16 million
@kallekillen2285
@kallekillen2285 Год назад
So the exact same?
@tutinn_
@tutinn_ Год назад
I’m sure as time goes on by the end of this year that chair is going to drop in price due to Kevin being able to find the some way or removing the cost to make while still keeping the original quality. Good deal.
@FatY0shi
@FatY0shi 10 месяцев назад
"My father just passed away" Kevin : "Back to our reality here 💀"
@alcidesgonzalez9855
@alcidesgonzalez9855 Год назад
Seeing what happened after the show Kevin did not continue with the deal and even so the company grew well, something that I think he must have regretted, I would say.
@MyNameIsNotEmail.ItsEmail
@MyNameIsNotEmail.ItsEmail Год назад
Kevin is getting soft. That's one of the fairest deals I've seen him make.
@mrhumble2937
@mrhumble2937 Год назад
Great for him. 0 risk, just from the episode he will make his money back.
@thehungrybazaar
@thehungrybazaar Год назад
Mr. Wonderful really stands to his Tag
@noah.creative
@noah.creative Год назад
probably the coolest product that i have seen on shark tank ever!!!
@oliverdepauwgerlings6084
@oliverdepauwgerlings6084 Год назад
This is a cool idea and needs to grow!
@barackmycat9448
@barackmycat9448 Год назад
I think they are smart cookies.....
@nickclark18
@nickclark18 Год назад
Yepp. Very dumb and the female LOVES to come instead of focus on the business
@MrThehausch
@MrThehausch Год назад
Sorry about your dad dying *same sentence let’s talk numbers 😂😂😂😂😂😂
@Qlassicrepresent
@Qlassicrepresent Год назад
They have sales, but I fail to understand how they got there. I have camping chairs with cup holders for $30 that are amazingly confortable! + I would much rather have a real umbrella than whatever that was… not to be negative, but I don’t see an improvement here. My beach set up is : -back pack -umbrella -chair -cooler After watching this, I’ll still pick my set up over theirs.
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