The Sharks Are Impressed With Zuvaa's Revenue of $2 million! | Shark Tank US | Shark Tank Global

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Kelechi Anyadiegwu is seeking $460,000 for 10% for her online marketplace for African fashions, Zuvaa.
From Season 9 Episode 19
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The Sharks Are Impressed With Zuvaa's Revenue of $5 million! | Shark Tank US | Shark Tank Global
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Опубликовано:

20 фев 2023

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Комментарии : 439

@latifahlawal4735 Год назад

Once Mark begins with "what you have accomplished is ..." HE'S OUT!!!

@asphaltanimal8809 Год назад

Yeah lol 😆

@kristianortiz350 Год назад

Lol true

@acid8501 Год назад

and for those reasons i’m out

@fluffywuffykinsies Год назад

Yup lol

@Rileybenitezz Год назад

Lol true

@lanceatkinson1899 Год назад

Decided to look up her website to see if she was still in Buisness, 90% of her reviews were people calling her a Scammer. Orders not received and wasn’t paying her designers so Buisness is Closed now. Sad to hear, I thought she was going to be a success story. 😪

@SusannaJ Год назад

There was probably something more revealed in the pitch that we didn't see...which would explain Damon's excuse.

@leonardu6094 Год назад

It's typical for those folks

@damianl680 Год назад

@@leonardu6094bro all over these comments you only get attention over the internet huh 😂😂

@leonardu6094 Год назад

@@damianl680 Lmao just spreading the word.

@williamofhler5613 Год назад

@@leonardu6094 Nigerian invented online scams.the percentage of people in the world who have not received at least an email from Nigeria has to be miniscule. That's just the start, it's part of the culture

@kushagra5825 Год назад

I like how Kevin at least makes the offer every time while the rest of them talk nonsense

@Beezzzzy_ Год назад

Hearing how she went out of business already, my guess is she was behind on orders and needed most of that 460k (which is oddly specific) to fulfill those orders and pay the designers

@Cinemalitics Год назад

did she went out of business? oh sad😢

@evelynclare7827 Год назад

@@Cinemalitics she never refunded buyers

@prapraraowodeha-ashaka1393 Год назад

She was offered a loan for that amount. Why didn't she take it to fulfil those orders and pay the designers?🤔

@smallsmalls3889 11 месяцев назад

Scammer

@TheArccore 10 месяцев назад

@@prapraraowodeha-ashaka1393 she wanted the cake and to eat it

@theoddestprojectverified586 Год назад

Mr.Wonderful is a Savage with the thing he says. They might be sharks but Kevin's a Dragon.

@Kevil911 Год назад

That's where he started out in TV in the Dragon's Den.

@diogo082 Год назад

He's the soul of that show.

@rashaq6329 Год назад

@@diogo082 true

@munyamubaiwa4313 Год назад

Megalodon!!!

@gpmoore 11 месяцев назад

🎯🎯🎯:Daymond My friend used to think he was a target and being followed. For years, he had lots of folks convince. Then one day, we found out he was on some heavy drugs Not saying Daymond is on drugs Or he’s not. Target, but the way that flew out of his mouth wAs super tinfoil hat or super tinfoil and a straw. Either way, tinfoil seemed to be involved .

@elchapojr6219 Год назад

😂 love Mr Wonderful talks with no bull straight to the point 😂

@eddiev4785 Год назад

Notice how the camera man is focusing on damon most of the time. Lol

@gpinkard Год назад

The sharks usually stay out of fashion/apparel type businesses because of risk.

@tolentinojaspercarlob.1106 Год назад

The money that she asked for were probably for the debts she owe to the designers. Their company already closed few years. I thought she's gonna be successful.

@charlessoitabao8286 Год назад

Yes Damon, Shark Tank is big in Kenya 🇰🇪 Welcome back!

@jmhie9 Год назад

L9ve those dresses.. The color combination is awesome

@hassantech510 Год назад

nice presentation and clear vision and goal you can make it sister wish you all this is incredible

@jalanidean7111 Год назад

Their reasons for going out felt fishy…even if the sharks don’t like the valuation they usually counter with what they think it’s worth instead of going out if they really like the company. Odd

@eanmoore9045 Год назад

I'm glad I'm not the only who felt the Sharks were sus here, especially Damon.

@scottcamuto8410 Год назад

Company closed before pitch aired so they obviously discovered problems during her pitch. Maybe not all were aired though

@foxernator Год назад

She breaks even monthly and valued the company at 4.6m.... what is fishy about this? It's just a business that doesn't profit. So many insane valuations that make 0 profit. The number 1 principle of a business is to be profitable & so many businesses get this wrong. At a way smaller valuation they would have jumped at offers. Damon's comments though I agree - seem really weird no idea what he's chatting there.

@Arthuur9 Год назад

I think it's because she is not making profits

@vivs9314 Год назад

She closed down the business when this ep aired. Plus, she was breaking even/not making much profit while valuing the business pretty high, so it’s reasonable why the Sharks backed out.

@vistalite Год назад

If the Sharks thought they could make money off of this business, there would have been offers. They were looking for excuses to be “out” knowing that it’s a niche business with little potential for max profit. The guest Shark made the offer for 50% knowing it would never be accepted. Kevin knew his offer wouldn’t be accepted either.

@SSJGengar Год назад

Guest shark should never be a guest again

@susangathoni758 9 месяцев назад

Am a kenyan big up dymond..we love shark tank

@WyattFL5 Год назад

Mark: (condescendingly to Kevin when saying her evaluation is too high) She has to scale. Also Mark: Your evaluation is too high. I’m out. 😂😂

@foxbat473 Год назад

Zuvaa is a Shona word from Zimbabwe means sunshine.❤❤❤

@Kevil911 Год назад

Kevin's offer was fair for a Shark pushing the company to high levels of profit. I guess she didn't really needed the money then and Kevin saw though it hence the loan offer.

@karenwambugu8269 Год назад

Her valuation wasn't that crazy. I'm glad she knows her worth

@peauntbutterxboy93 Год назад

Facts 👏

@TheGrandChelem Год назад

Yes it was crazy high. She is making 0$ in profit, with a revenue of 600k/year. And she thinks it's worth $4.6M for a clothing company with no moat. Any designer could go to Etsy

@George-zq5xq Год назад

Write her a check then

@scottcamuto8410 Год назад

Her company closed before pitch aired. She was very wrong.

@tcggggg Год назад

@@scottcamuto8410 damn this the second comment you replied this to u got a grudge against her or sum 😭

@rahulshendre7089 Год назад

keep bringing these :)

@ElTinyBoi Год назад

Lol, it would be funny if they had Barbara doing the outro.😂

@chuksmbaegbu357 Год назад

The 50% demand got Kelvin speaking in tongues 👅 😳 🤣

@achrafzaidi3038 Год назад

I loved when the sharks tried to worn the entrepreneur from Kevin's ridiculous offer

@kevinblack7125 Год назад

Warn*

@MehdiPopotte1412 Год назад

They actually protect Kevin’s money

@supainnerprize Год назад

most people dont trust doing a deal with Kevin cause he has that feel like hes giving you a deal that may take your soul one day lol

@estebbesfunnyclips Год назад

You can always tell when a shark turns into a crawfish! Start off by buttery sweet compliments! Barbara: you have two legs and a heartbeat! For those reasons I'm out!! "

@curbfeld9558 Год назад

@0:27 that's the face I made when I heard her say her name at the beginning.

@Valgef Год назад

These dresses are beautiful. I'm going to order 2 of them..

@itsthekidkc Год назад

Kevin is too funny 😂

@kamehameha9151 Год назад

I wish she explained how big the African fashion market is, would’ve attracted offers

@magnusred2945 Год назад

FBA market is way bigger

@leonardu6094 Год назад

Lmao the company ended up shutting down before this episode even aired.

@mitsuri3096 Год назад

The company scammed customers

@kamehameha9151 Год назад

@@leonardu6094 lmao for real??

@wolfura Год назад

Her business failed. If the market was really so big, she would not have failed and people would not call her a scammer.

@Mali85 Год назад

this food business seems to perform better than any fast food resturants like five guys and chik fil a... for that reason im In'N'Out - Barbra

@bigceochris7032 Год назад

Did not hit bro

@BeLovedDyNasty Год назад

I want African wear what are the best sites since this one didn’t work out?

@unclejj9600 Год назад

It's only 2% more to get to your goal faster and after its paid off you can negotiate another deal

@donaldsquires2674 Год назад

They all were impressed with what she accomplished but they all gave BS excuses of why they were not going to move forward with her. The ones who did make a offer knew damn well she wasn't going to take it because they really didn't want to do business with her.

@tendaichigariro6083 Год назад

Zuva is a Shona word (a Zimbabwe language) for Sun.

@namedmypupwarren Год назад

The clothes look great!

@JzmnDouglas Год назад

This is actually very beautiful and well stiched

@estebbesfunnyclips 11 месяцев назад

Kevin's deal was not bad at all! Too much pride holding on to something that's now out of business... Mark's old saying, "70% of watermelon is better than 90% grape!"

@Samara.Weaving 11 месяцев назад

Even 5% of a watermelon is better than 100% of a grape.

@twincherry4958 11 месяцев назад

If she's African, she should know that will not work! Not a lot of market and Africans know how to get that for a fraction of the price.

@ezramusoke5994 3 месяца назад

revenue is not 2M, her revenue is the monthly fee and commission ( around 600k). 7.6 times multiple on revenue

@marapeters9144 Год назад

Outstanding

@Gratefulheart. Год назад

True. You’d love @1106STYLES on INSTAGRAM MORE

@ujumuoghalu4615 Год назад

What’s the website for this company…. Can’t find it

@ussyvblogs2866 Год назад

Great pitch

@lilflossin14 Год назад

Does anyone know what Damon meant when he said he would be a Target women that apply for every business why just a clothing brand

@nuzooh525 Год назад

My understanding (which is probably way out to lunch since we only get a tiny snippet of the full pitch) is that he said because of the number of designers involved with the product line, he would have to vet every single designer to avoid some random person off the streets of California trying to sue him (textile copyright) because they know he has big pockets / money.

@saugusguy Год назад

These people really love those wild fabric

@17thwhiteprince Год назад

I've seen other pitches where the evaluation was 4, 5 or 6x multiples.. So I'm not sure why here 460k for 10% was so much

@wilsonsmanz Год назад

I dont get it either

@abhivideos101 Год назад

Because usually their top potential is a lot higher than clothing companies

@mvpembiid8052 Год назад

Bc that junk was trash bruh

@Iseenoobpeoples Год назад

Multiple of what? If you use earnings than the company is worth 0$.

@mrhumble2937 Год назад

@@Iseenoobpeoples not how valuations work. Facebook wasn't making money or charging for years. Still worth millions and billions. Twitter ect

@gmq402 8 месяцев назад

What an inspiring person! Go Kelechi!

@viola2814 Год назад

Waw this is one of the best on shark tank 👏 congrats girl !

@leonardu6094 Год назад

Lmao the company ended up shutting down before this episode even aired.

@viola2814 Год назад

@leonard u Sad to hear that 🫣 but her idea was brilliant

@aminamuhina Год назад

@@leonardu6094 mentally ill

@collinsonyancha3824 Год назад

Draymond, Kenya and Nigeria are worlds apart.

@saeedalblooshi8822 Год назад

Kevin loan deal with 12% interest, is this good rate in US? I mean why don't she go to the bank and take a loan? Since she is having 2m$ in sales ... is it still difficult to get bank loan in US?

@melinadominguez679 Год назад

it’s not difficult to get a loan in the US, it’s actually very easy except inflation is crazy right now and interest rates are through the roof. it is definitely a high interest rate, but it seems he made it that high due to the risk. he’s also a shark investor, which makes him much more valuable than any other investor. a shark brings more value than just money, expertise, guidance, and a platform.

@saeed4d Год назад

It is enough to appear on the program

@scottcamuto8410 Год назад

Notably the pitch is misleading since her sales is not her revenue.

@adrianishtar0 Год назад

She clearly stated sales vs. revenue, so it’s not misleading unless you’re deaf

@Broughton1128 Год назад

*Her valuation was quite reasonable.*

@scottcamuto8410 Год назад

Company closed before pitch aired so obviously her valuation was nuts.

@amithanil970 Год назад

Why did it close?

@leonardu6094 Год назад

Lmao the company ended up shutting down before this episode even aired.

@scottcamuto8410 Год назад

She said that the infrastructure needs for the company was insurmountable

@davidn.2555 Год назад

I don't think it was about the valuation.

@XaviMichelle-mv8vv 6 месяцев назад

I traded well on my Demo account but when I invested in to my main account i lost all my funds. Please i need an expert to assist me with my trading. It's frustrating how people loss funds in this trading, I really feel so bad.

@raulfred 6 месяцев назад

It's very obvious that forex and crypto trading is one of the profitable money exchange services that elevates investors and their financial status.

@luizmark 6 месяцев назад

Well you need someone with the knowledge and skills,someone that can manage your account and trade on your behalf.try expert Emily Jason

@luizmark 6 месяцев назад

Expert Emily Jason is really the best person to contact and ask for help in trading without fear of making losses than trading yourself or lossing funds to scammers.

@JanetLopez-mf3bq 6 месяцев назад

I agree with you. I'm not here to converse for her but to testify just for what I'm sure of, she's trust worthy and best option ever seen..

@LouisEthan-bk6qc 6 месяцев назад

All my experiences with her has been positive,she has a very broad understanding of the market and had made lots of profitable trades for me and my friends. I have never had any issues or negative experiences with her.

@marcbastien6142 Год назад

She is going to make it

@leonardu6094 Год назад

Lmao the business shut down before this episode even aired.

@smallsmalls3889 Год назад

Well done young lady.

@okoduwaclinton4988 4 месяца назад

The beauty of Nigeria's culture 🇳🇬🇳🇬

@gabrielanderson4979 Год назад

Not just kevin wasnt feeling it. Literally nobody was. But great business.

@cecegiles4583 Год назад

Look at them, look at Kevin. What do you expect

@thebastardgift Год назад

I wanted her to get a shark but the sharks' reasons were sound for not biting.

@jmharris251 Год назад

I would wear 2 of the 4 outfits. I love what she's doing & her mission. But clothing is tricky. Many great designers have struggled & gone bankrupt. Do theres risk, & no guarantee on margins. If she really wanted a partner, her ask was too high. She doesn't know what pitfall lie head, or what she doesn't know. I think her biggest concern is returns, fit. And holding for 3 months & returning is a problem. I buy online, HSN, QVC, & sizing is always a problem, even among the Name designers. How do these fabrics wear?

@Gratefulheart. Год назад

I agree is why @1106STYLES IS THE ONLY ONE I HAVE BEEN USING & I TRUST, SINCE SHE’S A FASHION DESIGNER DIRECT TO ME AT A MORE AFFORDABLE PRICE WITH ZERO QUALITY COMPROMISE.

@Forexsmartmoneyconcept Год назад

Am from Zambia .

@truebondwithjesus1919 Год назад

I need to know that designer from zambia 🔥 🔥

@Hkhan23 Год назад

Kevin yippy yi yo kai yay hahahaha

@kiidsammy5331 6 месяцев назад

“Like 50%” aka the nice way of saying I’m not doing a deal

@essie-mac Год назад

“Yippy ai oka yay”

@yusufsalame5415 Год назад

“I think what you’ve accomplished is amazing” Who am I?

@rp1067 Год назад

These are so pretty! I bet super comfortable too!

@pinonXO Год назад

At least Kevin offered 😅😅😅

@allah_fikra Год назад

I like keivn he is funny and smart shark

@Iseenoobpeoples Год назад

He has other videos on RU-vid, check out his great watch videos if you like this domain, he also comments on markets/lifestyle/mindset/investments/... It can truly make you a better person when you learn a bit from each of these top level people.

@netizensarrest4241 Год назад

Can someone explain what Damon’s reason was for being out? 🧐

@byeden8978 Год назад

exactly🥵

@diogo082 Год назад

She deals with almost a hundred designers and California has laws that makes easy to sue somebody. And knowing that they have a multimilionaire partner he will be the target of these lawsuits.

@michaeljakeusman Год назад

she said she has hundreds of designers. giving maybe 3-5 designs each... now all of those designs needs to get vetted of copy/plagiarism to other designers... now, if one of those designs would even a tiny bit similar to another design, that said designer would target damon thinking he's rich and will just pay for the design. or sue... now if you're a small business, selling 5-10 of those. even a clear 1:1 copy, the main designer usually would just ignore you.

@cecegiles4583 Год назад

Remember Damon is an Oreo

@blobofconsciousness Год назад

@@cecegiles4583 bwaha watta comment. White inside😂

@emmanuelowusu7955 Год назад

Why do they use jungle backgrounds sound

@ajdawson3851 Год назад

They had no real reason to be out they just said valuation

@chickendinner2562 Год назад

If the yare interested they would make an offer. But often they pretend that the first offer she is looking for doesnt seem right so they are out without even making a lowball offer lol

@tishmonikemassey3781 Год назад

I didn't quite understand Damon saying he would be a target with this product when he has his name attached to others products...What's the difference???

@hellodestiny57 Год назад

Art, home decor, furniture, collectibles. I kinda feel like they just couldn't see the vision. Which is often a hurdle for entrepreneurs. You see it clearly and we see the full picture but can we translate this vision into a message that is short sweet understandable without cutting important components out....

@anniesok868 24 дня назад

her business has shut down due to owing designers and scamming people. They were right

@traviss2489 Год назад

Kevin wasn’t feeling it……none of them “felt it” lol

@matthewkhawli5172 Год назад

I’m Barbara and for that reason I’m out

@diogo082 Год назад

Almost 3 weeks to get another size piece. It lasts so long.

@jeffreyzie Год назад

AFRICA STAND UP ✊🏾

@SameerMalik-es5ij Год назад

Lol so proud but need to come to the west for actual investment

@eksdeeee4113 Год назад

@@SameerMalik-es5ij bruh, lets not be harsh on them. Africans, Indians and Chinese are some of the most hardworking people with very less resources. That is why they come to the west for opportunities

@happyman6319 Год назад

@@eksdeeee4113 Africa is the most resource rich continent in the planet…valuable ones too like gold, diamonds, gas, copper, and uranium

@UberManTampa Год назад

If you're breaking even you're not charging enough commission

@tomer9952 10 месяцев назад

Why would Damon get sued?

@mrhumble2937 Год назад

Damon's thing makes no sense, there are big money people behind eBay and amazon

@sanataniYodha007 7 месяцев назад

Their Store is closed now ! sad closing 😥

@RickyReaction Год назад

They jus didn’t want to make a deal

@probablymar Год назад

good thing they didnt buddy business got shutdown before this episode aired

@m00nl0ve2 Год назад

I tried looking up her company and couldn’t even find it :/

@leonardu6094 Год назад

Lmao the business shut down before this episode even aired.

@christiancruz4533 6 месяцев назад

Kevin could be a Great Lawyer

@FreshStart2023 Год назад

Wish I knew what to do next smh

@thelittleredhen1883 Год назад

50% shes CRAZY!!!!

@beatricethuku1021 Год назад

The way the women sharks shook their heads after Kevin’s offer 👍🏾👍🏾👏🏽👏🏽👏🏽 looking out for a fellow woman entrepreneur

@Ima.Spin.a.Bin. Год назад

😂

@sonalsaxena22 Год назад

Her company is out of business. Majority of reviews say she's a fraud

@58vadsan 10 месяцев назад

Because they knew its gonna be bad for Kevin😂

@JasonPyne Год назад

Valuation seemed fair. A shark probably would have been in at fifteen percent. It appears asking for ten percent or less on the show can be risky.

@leonardu6094 Год назад

Lmao the business shut down before this episode even aired.

@lyndamac1058 Год назад

Wait they pick on her evaluation and taking 50% is ok in their minds.. Oh please.. you go girl you will sell millions more.

@nanuarora2401 Год назад

The reason that Daymond gave, does that make sense at all?

@abaum23. Год назад

Could someone explain it more? I've never heard of him saying that before to anyone else.

@rodneystevenson4057 Год назад

Since he has so many fashion ventures, if there's a return of product, he will be sued and it will destroy the business

@rodneystevenson4057 Год назад

California has crazy laws where people can sue for selling products that may not be exactly what they expect

@abaum23. Год назад

Why was this an excuse now but not in any other businesses on the show? Is it a new law?

@rodneystevenson4057 Год назад

@@abaum23. I think it is a law to prevent bootleg fashion

@same.7939 Год назад

The Sharks’s reasons for bowing out were very questionable. Since when does valuation stop them from at least making an offer they think is more reasonable? Daymond’s reason makes no sense. In that case, every single business a Shark invests has liability because of “deep pockets.” Anyway, I’m glad she kept her equity. Only Lori’s reason makes sense.

@n7c Год назад

The pitch was probably 2 hours long with a lot more information and it context

@probablymar Год назад

the equity didnt matter her business got shutdown before this episode aired

@same.7939 Год назад

@@probablymar oh wow, I just looked that up, no kidding. Too bad.

@candyprincess-uy8hl Год назад

what was daymond saying? i didn’t understand it

@CrimsonAlchemist 9 месяцев назад

Because the business failed before it was aired. It was going down hill and she ende dup becoming a scammer. Look it up

@dillinjohnson2075 Год назад

She walked in winning and left winning. Good for her

@probablymar Год назад

guess you didnt read the comments or do research lol

@dillinjohnson2075 Год назад

@@probablymar RIP that sucks she seemed like one of those good ones. Oh well

@probablymar Год назад

@@dillinjohnson2075 right i was shocked to find that out

@gregcrew3227 Год назад

I feel like this is one there to regret her company has so much potential and more she going to do well

@patrickcampbell9445 Год назад

Company literally closed before the episode aired.

@nashdapistolshrimp8641 Год назад

Oh Kevin... 🤦 She could take the same deal from a bank without losing 10% of her company.

@MPoweredChristianMinistries 2 месяца назад

Too many of these entrepreneurs base their company’s value on total sales. That only works when you’re profitable in the right range! If you make zero profit because you break even every month your company is basically worth zero to an investor. Even if a shark were to bring her profit from $0/month to 1 million/year that’s only $100K if they owned 10%. It would take 4.6 years to get back their original investment and over 9 years to double it. If you own a nonprofit don’t go looking for an investor!

@barbywhittaker8762 Год назад

It makes me wonder if she went on just for advertising reasons. She asked for a lot of money and the offer she did get, she passed and didn't even try to negotiate. Nice clothes tho