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The Sharks "Beat Up" Kid's Luv Owner On How She Spent The Capital Raised | Shark Tank US 

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Ashi Kelinek is seeking $200,000 for 8% of her vitamin-infused kid's juice, KidsLuv.
From Season 11 Episode 15
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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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The Shark "Beat Up" Kid's Luv Owner On How She Spent The Capital Raised | Shark Tank US | Shark Tank Global
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11 янв 2023

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Комментарии : 1,4 тыс.   
@Cazamalos
@Cazamalos Год назад
WTH a million dollars from friends and family, and she burned it all. Insane.
@nolabets3130
@nolabets3130 Год назад
Payed off tho, company is doing very well now, it's in walmarts
@TobleroneCraft
@TobleroneCraft Год назад
@@nolabets3130how do you know that was paid off? Do you have access to that information?
@piti89100
@piti89100 Год назад
but net worth is now 20 million usd
@Durwood71
@Durwood71 Год назад
@@nolabets3130 No, the company is not doing well. The company is gone. Their website is offline, and retail websites like Amazon and Target show the products are unavailable. I'm guessing she continued burning through money and went bankrupt.
@nolabets3130
@nolabets3130 Год назад
@@Durwood71 Damn...
@SamUHells
@SamUHells Год назад
The second I saw she named her son “Phoenix” I knew she was a master of horrible ideas and not listening to criticism lol
@user-dx6om8fn3m
@user-dx6om8fn3m 10 месяцев назад
best comment here!
@inmhop3729
@inmhop3729 10 месяцев назад
Phoenix is a strong name. No problem with it at all.
@SamUHells
@SamUHells 10 месяцев назад
@@inmhop3729 it’s a terrible name. a strange attempt at being quirky and special when in reality all it will do is get her son bullied.
@inmhop3729
@inmhop3729 10 месяцев назад
@@SamUHells hardly. You never even mentioned asking what the story is behind the name. There usually is a poignant reason.
@tonybellick7841
@tonybellick7841 10 месяцев назад
@@inmhop3729 nah no fancy story . Just another goofy name
@10RRASK
@10RRASK Год назад
She gives me “I’m divorced because my husband couldn’t get over my affair” vibes
@kyleh5196
@kyleh5196 Год назад
her “investors” are prolly just the money from the divorce settlement lmao
@hrbllc4206
@hrbllc4206 Год назад
🎯
@inarimusa
@inarimusa Год назад
🤣
@bigdave6952
@bigdave6952 Год назад
Hahahah 😂
@sebastianbothe1228
@sebastianbothe1228 Год назад
And for that reason, I'm out
@BetterLifeAhead35
@BetterLifeAhead35 Год назад
Her biggest problem is how sure she is that she's right and refusing to listen to the sharks at all
@MultiJejje
@MultiJejje Год назад
Well the company is now worth $20 million. They've Target, Walmart and several others. Guess she was right.
@DyNaStYCaRl
@DyNaStYCaRl Год назад
Its not that she wasn't listening. It was that she had justifications and the sharks didnt want to hear it
@switchunboxing
@switchunboxing Год назад
@@DyNaStYCaRlIt wasn’t justified. She had reasons but these are sharks. Bottom line - you spend a million dollars to make 50k and the math isn’t mathing. They need to see proof that there’s a market and a competitive advantage and that the product is going to be a good investment that can make lots of money compared to what was put in. She just wasn’t ready for investors like this. Bottom line. The pitch was weak “I have coconut water with vitamins I’ve barely sold any of it”
@SweetChicagoGator
@SweetChicagoGator Год назад
Spending $1mil on patent, logo & marketing on a product that hasn't even been established on the market yet?! She is either a thief or not a business-person? 🤪
@PASSIFICATION
@PASSIFICATION Год назад
that dont seem right. dont get caught up in the current. she just was happy n confident that she could recoup that money real fast now on and pay the investers back.
@Frostshokula
@Frostshokula 4 месяца назад
Kids Luv net worth is now $10,000. She filed for bankruptcy.
@younesstahari1592
@younesstahari1592 2 месяца назад
Just read it is worth $20m now with annual sells of $5m ?
@SumriseHD
@SumriseHD 2 месяца назад
​@@younesstahari1592that's from an AI generated fake website
@Mindcrow
@Mindcrow 2 месяца назад
May have been true previously, but they've clearly shut down since. They've been "out of stock" or "unavailable" on all retail websites for over a year. No social media presence for at least that long.
@jrjr7554
@jrjr7554 2 месяца назад
​@younesstahari1592 checked Amazon they are currently unavailable 🤔
@Doobieboogie
@Doobieboogie Месяц назад
@@younesstahari1592there was an article I read that said that, but apparently after 2022 the business fell off
@dickharry910
@dickharry910 Год назад
Barbara was on point and put it to her really well. Robert was right when he said she didn't really felt bad about burning other people's money.
@hamhi98
@hamhi98 Год назад
Imagine spending $950,000 on juice
@barackmycat9448
@barackmycat9448 Год назад
Not so bad when you`re making millions..
@fijianplaya11
@fijianplaya11 Год назад
@@barackmycat9448 she isn't making millions lol
@barackmycat9448
@barackmycat9448 Год назад
@@fijianplaya11 Tell her that.
@mrhaltonok
@mrhaltonok Год назад
It’s pretty clear she isn’t. The few bits of numbers online all date back a couple of years and seem to come directly from her - there’s no evidence to suggest the company takes anything like 5m a year, and that figure seems outlandish - it’s stocked in ‘trending items’ sections in stores, where products tend to have short trial runs before being delisted. Not a sign of a successful product. And it costs $7 for a pack of four small cartons, when a parent can buy a bottle of sugar free juice that will make 30 drinks for half that price. This is not a product that has scope for major success. There are cheaper options with flavours that children would likely prefer
@nickdailey9889
@nickdailey9889 Год назад
I hate spending 7$ a week on juice let alone 950k
@TheYoudhruv
@TheYoudhruv 10 месяцев назад
She believed in her product so bad that she spent fortune to protect it but failed to check if it’s working or not. What’s a classic mistake.
@setsunaitsme91
@setsunaitsme91 10 месяцев назад
Worse, it is not even her own fortune but her family and friends' fortune. Cant imagine how much bridges were burned when her company eventually going down
@MultiSciGeek
@MultiSciGeek 7 месяцев назад
How is that a classic mistake? Give me one other person on this planet who spent 1 Million on their kids juice box.
@osmanyousif7849
@osmanyousif7849 5 месяцев назад
That’s like selling your product when you haven’t even tasted it yet. Seriously, I’m surprised that even when this woman did sell that juice, nobody was coming up to her door say what happened after. Like when Mr. Krabs sold those colorful patties and they ended up having bad side effects on the customers.
@anishkuvelkar1876
@anishkuvelkar1876 5 месяцев назад
Oh business guru, how's your business?
@Polarisuma
@Polarisuma 5 месяцев назад
@@MultiSciGeeki think he meant its a classing buisness mistake, you spend so much money before you onow if the product even works
@netizensarrest4241
@netizensarrest4241 Год назад
This is the equivalent of paying $950K to build a fence around a plot of land that you own without knowing if there’s value in the land or if there’s minerals in it.
@shizzywizzy6169
@shizzywizzy6169 Год назад
Perfect analogy.
@anad7207
@anad7207 8 месяцев назад
On top of that, the fence isn’t even guarantee to keep others out. People can still knock her off with a patent. Litigation is a costly venture-both time and money.
@MultiSciGeek
@MultiSciGeek 7 месяцев назад
It's like spending 100k on foundations of a million dollar mansion, instead of building a 100k house and THEN buying a mansion years later. Dude the minerals example is weird. Like do you dig for oil in your back yard??
@jackspinner4727
@jackspinner4727 7 месяцев назад
Well said you
@shinobu3817
@shinobu3817 4 месяца назад
@@MultiSciGeekbrother, it is just an analogy. don’t take it too literal.
@noelr1010
@noelr1010 Год назад
Damn imagine being one of the people who invested watching what the sharks had to say.
@greggo1131
@greggo1131 Год назад
she made 5 million in revenue last year
@Userhandleidk
@Userhandleidk Год назад
@@greggo1131 she’s probably still not profitable
@Leinnn
@Leinnn Год назад
@@Userhandleidk True, but it's normal for businesses to not make a profit in the first few years because it costs so much to expand.. Also it's a lot better than the 50k sales she had here in the ep. If she came on the show and said she had 5M in sales the sharks would of changed their tune quite a lot
@leonajames5517
@leonajames5517 Год назад
@@Leinnn Few years... its been MUCH longer than that.
@ahmedzakikhan7639
@ahmedzakikhan7639 Год назад
@@Userhandleidk I know it is not the same but Tesla was not profitable for years. She will eventually become profitable. The Sharks got too emotional.
@dionneop1amnotithebestg08m3
So basically she paid herself a salary out of the investors money instead of paying them back- how can you run through a million dollars 💵?!!!😮
@tacitus539
@tacitus539 Год назад
Yeah, I wanted the sharks to ask what she paid herself.
@nasrick
@nasrick Год назад
Spending bad
@SweetChicagoGator
@SweetChicagoGator Год назад
She is either a thief or a very poor business person ?
@user-wx7fl5vz7k
@user-wx7fl5vz7k Год назад
Don't say she s a thieve she obviously spent too much on patents IP for example - where did you hear about her paying herself that amounts
@tacitus539
@tacitus539 Год назад
@@user-wx7fl5vz7k Didn’t she say the IP was $150k-200k?
@hamhi98
@hamhi98 Год назад
For once, Barbara is absolutely correct
@Martin-vw8wf
@Martin-vw8wf Год назад
She made a fortune how can it be „for once“ ?
@RSoin92
@RSoin92 Год назад
Aaaaaaaand she's out 😂
@coolman1610
@coolman1610 Год назад
true she was speaking facts on this company
@mitsuri3096
@mitsuri3096 Год назад
She's rich so she is always right
@Martin-vw8wf
@Martin-vw8wf Год назад
I mean she is always out a lot but when she goes in it explodes. She got 30% for this comfy thing and they make 150-200m in sales now.
@joshuageckles802
@joshuageckles802 Год назад
You had me at "The Sharks Beat Up Kids".
@hou950
@hou950 Год назад
LOOOOOOOL
@evanmed301
@evanmed301 Год назад
Now that would’ve been a great episode
@AdamHolland-Adz
@AdamHolland-Adz 4 месяца назад
@@evanmed301 "Up next, Darren is pitching a special product to make beating up children easier and more efficient."
@zombifiedpariah7392
@zombifiedpariah7392 2 месяца назад
Imagine how that episode would even go. Lmfao 😂
@bugsnasty2447
@bugsnasty2447 Месяц назад
Lmfao facts I wanted to see Kevin put a little bugger in a headlock 😂
@lus
@lus Год назад
Money went to her salary. I've seen this happen all the time. She paid herself $300,000 a year to be CEO.
@duartemartz9874
@duartemartz9874 Год назад
I got the ""Look, I'm humble!"" vibe from her outfit that I'm 99% sure thats not her in real life.
@That_one_introvert.
@That_one_introvert. Год назад
I concur.
@bluematrix5001
@bluematrix5001 Год назад
VERY POSSIBLE, THERE ARE PEOPLE WITH BIG CHUTZPAH THERE
@mrhumble2937
@mrhumble2937 Год назад
Prob right but who knows.
@dbguitars
@dbguitars Год назад
Good and fair wage 😁🍺
@marielaausher
@marielaausher Год назад
The worst part is that she genuinely feels that she did nothing wrong. She spent almost a million dollars in things she didn't need, and instead of trying to fix it, she just went to new people and asked them for more money. And then she has the nerve to say that the sharks focus too much on the money. She needs to focus on the money. She just lost a bunch of it and acts like nothing happened.
@jokerrhe
@jokerrhe Год назад
money has always come easy to her
@jason_v12345
@jason_v12345 11 месяцев назад
Seriously. A sugar-free kids drink? Like no one's done that before, lol.
@sammyb1651
@sammyb1651 5 месяцев назад
Zero trouble to her conscience at all. Psychopathic. I feel bad for her husband. Can you imagine?
@stuff1784
@stuff1784 4 месяца назад
@@jokerrheYES!!!
@saeawn
@saeawn 4 месяца назад
.. and now her comany is worth over 20 MILLION dollars ;) so quiet down all you hatersss
@josephtuscher194
@josephtuscher194 9 месяцев назад
This kid's therapy bill is going to be absolutely extraordinary lol
@danpats1
@danpats1 9 месяцев назад
Just from being named Phoenix alone lol.
@343Films
@343Films 5 месяцев назад
No kidding. She screams "toxic parent"
@stuff1784
@stuff1784 5 месяцев назад
@@343FilmsNarcissist vibes
@TheLirJEt86
@TheLirJEt86 5 месяцев назад
I get she’s a bad business person but to equate it to a bad parent is just foolish.
@saeawn
@saeawn 4 месяца назад
she can afford it with her company being worth over 20 Million dollars now Joey boi
@Albert-S27
@Albert-S27 Год назад
She only identified where $200K out of the $950K went. Wish the sharks asked where the rest of the money went
@notmyopinion4981
@notmyopinion4981 10 месяцев назад
They did! She just rambled about different thing that she apparently used the money to.
@thiswasposted120
@thiswasposted120 3 месяца назад
she very likely paid herself
@Niko-ys9ie
@Niko-ys9ie 8 дней назад
Have to pay the CEO her bonus for the year
@i-fart-in-elevators
@i-fart-in-elevators Год назад
How dare she take a million dollars from her friends and family, and for this lmao This woman is crazy
@deadlydread77
@deadlydread77 Год назад
crazy rich now.
@user-dx6om8fn3m
@user-dx6om8fn3m 10 месяцев назад
uncomfortable at dinner parties
@i-fart-in-elevators
@i-fart-in-elevators 10 месяцев назад
@@abreathingcoffin8089 sick take dude lol
@javiercollell
@javiercollell 9 месяцев назад
She's making 5 millions annual in 2023
@i-fart-in-elevators
@i-fart-in-elevators 9 месяцев назад
@@javiercollell no that's what the business is generating. Not what she's pocketing
@zimz1096
@zimz1096 Год назад
6:29 Barbra summed it well. This entrepreneur clear didn't have her priorities straight when she wasted her precious $1M on 2 trademarks for a business that barely started
@vitusndelu6630
@vitusndelu6630 Год назад
When Mark says, "OOOOHHHHHHH" you know it's bad.
@jorgesoto5737
@jorgesoto5737 Год назад
Her nerve to say that the sharks focused too much on the funds and that's why they're not the right partners. What else did she want them to focus on. Lol, crazy
@MultiSciGeek
@MultiSciGeek 7 месяцев назад
Honestly if you have a good idea, she's right. But given her idea is generic, they'd of course want that security.
@zombifiedpariah7392
@zombifiedpariah7392 2 месяца назад
Translation: "Unfortunately, I wasn't able to scam the sharks like I did my friends and family."
@lizardqueen7052
@lizardqueen7052 Год назад
she didn´t really explained where the 950.000 went tho
@5th_phantom
@5th_phantom Год назад
Maybe it was cut off Because the real show is really long and we just get the cut off version
@iamnobodyspecial2243
@iamnobodyspecial2243 Год назад
She wanted to live the high life and lied about what she did with it 🤣 like the breathometer app lol
@itsgodnga
@itsgodnga Год назад
could have probably figured it out pretty quick if they asked how much salary she paid herself
@franciscolaurean8550
@franciscolaurean8550 Год назад
She said her biggest spend was 150k on lawyers no mention of the other 800k
@Arthuur9
@Arthuur9 Год назад
Her salary is probably 300k That's why
@rayvenskye3274
@rayvenskye3274 Год назад
Wait Barbara was out for a legit reason. What year is this.
@rbae
@rbae Год назад
Looks like we don't have an excuse anymore in 2023
@rcheaven96
@rcheaven96 Год назад
I tell my gf all the time that she talk all this bs just to be out . 😂😂
@Sb-er6bs
@Sb-er6bs Год назад
@@rcheaven96 I told the same thing to your mom
@rcheaven96
@rcheaven96 Год назад
@@Sb-er6bs get a new joke bud that one a bit old . 😂😂 I’ll wait for the other one . I love people who don’t even have a picture with the troll comments. 😂😂 again I am waiting for a better joke .
@liveitup7476
@liveitup7476 Год назад
It’s the multiverse
@alissaalbritton_
@alissaalbritton_ Год назад
I love how Robert always hands the samples to Lori 💕
@47imagine
@47imagine Год назад
You're a kind-hearted soul :-)
@zentravels22
@zentravels22 Год назад
he always does whenever they sit together 🤗🤗🤗🤗
@cas4040
@cas4040 11 месяцев назад
I just commented basically the same thing. He has such great manners.
@blackedadam
@blackedadam 11 месяцев назад
He's a simp
@GursimarSinghMiglani
@GursimarSinghMiglani 10 месяцев назад
Lol
@Joomemes
@Joomemes 5 месяцев назад
Yk it’s bad when Kevin is out before the other sharks and doesn’t want to scam them😂
@samxyx
@samxyx 8 месяцев назад
Rob is the antithesis of Mark. Both say the same thing, but Robert does it in such a nicer way and is always encouraging. Sometimes you do need Mark's tough love tho
@darksideofevil13
@darksideofevil13 6 месяцев назад
That's the key. A balance of both and knowing when to use both. Too many think being excessively harsh is always right.
@stuff1784
@stuff1784 4 месяца назад
You’re exactly right!
@juniorbeckham2928
@juniorbeckham2928 Год назад
Lmao Cuban's reaction thru out the segment had me rolling
@kylecreed2748
@kylecreed2748 Год назад
He’s so dramatic sometimes
@shootemupbuck8944
@shootemupbuck8944 10 месяцев назад
I don't even know the guy but I find him hilarious!
@FeoMatteo
@FeoMatteo 10 месяцев назад
@@kylecreed2748heard this from a podcast he was in. They asked him why he’s so animated. He made a good point during it he said, “If they believe I’m being harsh they wouldn’t be able to handle the real business world. Dreams are crushed everyday.”
@quietearthMT78
@quietearthMT78 Год назад
I get the feeling that many entrepreneurs out there confuse stubbornness with perseverance. This lady did end up moderately successful but look how much money she burned through to get there.... She was lucky to have backers with money to help her get there, many others don't.
@WillemAlarik
@WillemAlarik Год назад
Moderately successful is a business that’s making a few hundred thousand in annual revenue. Your local fish and chip shop is likely moderately successful. If your annual revenue is 5+ million dollars with annual increases, you’re definitely beyond “moderately” successful.
@Fredas_Lifestyle
@Fredas_Lifestyle Год назад
@@WillemAlarik How much is the profit on that? You can have big sales and be in the negative.
@ThePrimeMinisterOfTheBlock
@ThePrimeMinisterOfTheBlock Год назад
@@Fredas_Lifestyle he's one of those poors that's impressed by numbers with seven digits
@Enrifant
@Enrifant Год назад
@@Fredas_Lifestyle it doesn’t matter. They were entering at a 2.5m valuation on 55k sales, a juice producer making 5m+ in growing revenue 3 years later, and being in all the major retailers, has all the potential to be immensely profitable for you. It was a poor take from the sharks, like many others they had through the years. And yeah, 5m in revenue is not moderately successful for someone that raised 1m in VC for product development and IP. At standard valuation that’s a 30m business right there. 30x ain’t considered a “moderate” return by any VC I know.
@alfredovazquez2678
@alfredovazquez2678 Год назад
Yes, her company now is worth 20 MILLION DOLLARS.
@squalie9
@squalie9 11 месяцев назад
I'm shocked they didn't call her out on the missing money clearly going to salary or expenses.
@NyxFTW
@NyxFTW Год назад
She spent so much money to secure her brand, she didn't think about whether or not there was an opening in the market for her sugar-free juice. There's so many kinds in the supermarket nowadays that it's just not a viable venture for a new entrepreneur.
@smackdaddy9802
@smackdaddy9802 6 месяцев назад
“I’ve got a bad feeling about this one…” Kevin was right
@Frostshokula
@Frostshokula 4 месяца назад
Ashi with a son named Phoenix and a vegan product. Checks out 😆
@whitenoisejack
@whitenoisejack Месяц назад
She should do a flavor called Stevia Explosion.
@khawajth
@khawajth Год назад
I'm surprised no one in the comments spotted when Mark asked her why she isn't selling, she replied "I'm doing that right now." She didn't mean to the sharks. She meant to the people watching at home. She burned through her cash and needed to prove to her investors that she could sell so she hopped on to Shark Tank for that magical Shark Tank effect.....that she already had distribution in place for.
@dontbedummy8101
@dontbedummy8101 Год назад
That's not selling
@hafizuddinmohdlowhim8426
@hafizuddinmohdlowhim8426 Год назад
@@dontbedummy8101 😂yeah that is marketing and marketing is not selling.
@dontbedummy8101
@dontbedummy8101 Год назад
@@hafizuddinmohdlowhim8426 I so feel the frustration of the sharks when they tell her she did not sell and she insists she is selling...
@MultiSciGeek
@MultiSciGeek 7 месяцев назад
Oh wow lmao
@OpEditorial
@OpEditorial Год назад
Quite often the "Mommy entrepreneur" is usually a slightly more evolved type of "Karen"
@noncedolungeliwefinca9713
@noncedolungeliwefinca9713 7 месяцев назад
😂
@Maddox204
@Maddox204 4 месяца назад
They have another evolution!? 😮
@Frenchylikeshikes
@Frenchylikeshikes 6 месяцев назад
I really like how Lorie and Barbara are usually always so composed and nice, even in the worst situations.
@typhoniusstarheart
@typhoniusstarheart 4 месяца назад
the business closed its doors in sept 2022 and from what i can find the creditors were able to get a court order that anything sold was divided between them to pay back lost investment. that at the time of closing they had 8k in the bank accounts and had 25 k of unsold product and a debt of over 12 million unpaid. the the owner claims that in march 2022 the company had make over 5 million dollars. there seems to be only proof of her raising money and loan payments no profitability. opening comment by the sharks was very acute.
@doc7569
@doc7569 7 месяцев назад
The worst part about this is that fruit juice(real fruit juice) contains natural sugars that aren't bad for you like synthetic sugar is...completely destroying her argument...then she goes on to use synthetic sugar anyways haha
@abaofifsz
@abaofifsz 2 месяца назад
Sugar is sugar at the end of the day. Yeah hfcs has its issues. But a diabetic cannot view them too differently
@Kagema10X
@Kagema10X 14 дней назад
Binge watching shark tank is like taking a master course in business administration. You learn so many things, so many dos and donts especially on what the right thought patterns are that you actually need.
@Ranger_k16
@Ranger_k16 Год назад
You know it's bad when Mr wonderful won't even make an offer
@kobusvanstaden3747
@kobusvanstaden3747 Год назад
Robert always the gentleman, serving Lori first. He does it all the time
@That_one_introvert.
@That_one_introvert. Год назад
Yeah he’s a stand up guy.
@ckapka_AA12
@ckapka_AA12 Год назад
simp
@nickv8642
@nickv8642 Год назад
I was just about to comment this
@tf8187
@tf8187 Год назад
I was looking for this comment. He is such a gentleman.
@orlandorodriguez7235
@orlandorodriguez7235 Год назад
Society has fallen so much that we respect when a guy does this. I’ve been born and raised to serve women first and we praise any guy who does it like it’s a big deal 😅
@diluvr2825
@diluvr2825 Год назад
Never seen Mark so hurtful during a pitch and he literally said so.
@Nigel-nv3lr
@Nigel-nv3lr 6 месяцев назад
You gotta watch more shark tank lol
@SheStrategyCo
@SheStrategyCo Год назад
i love how Lori was calm
@MrTalhakhan01
@MrTalhakhan01 Год назад
What Robert said in the end was very correct.
@bandamx1731
@bandamx1731 Год назад
It’s crazy how these entrepreneurs are told the truth & still don’t listen. She raised 1M & it’s all gone with no progress at all. I’m more than certain she will be out of business in a year if not now. She’ll also be the person saying to her investors “The journey was fun, wish we would have done more”
@saxophonistscorner
@saxophonistscorner Год назад
what do you mean no progress? She had product ready to go on the shelves, trademarks lined up...
@jonasalexander
@jonasalexander 9 месяцев назад
@@saxophonistscorner It isn’t progress if you can’t account for the profit potential of the product. She counted her chicks before they hatched and she did so at the expense of people who trusted her vision. Then she attempted to acquire additional investors’ money, still with no common sense strategy. When pressed, she refused to acknowledge the very real concerns of these potential investors and even alluded to seeking more funds from her initial investors. She then stated that the sharks were hung up on the money she raised, failing to realize that they were not hung up on the fact that she raised it, but how she foolishly squandered and disrespected the blessing of other people’s money.
@tahseenmahmood2014
@tahseenmahmood2014 10 дней назад
I love how Robert is always so well-mannered. Whoevers sits beside him, he passes the samples to that person first.
@pieroliero
@pieroliero Год назад
I started a drink company in 2017, did all the sales myself, got distribution in 6 different states, found a copacker to make 80,000 units at a time. Wanna know how much I’ve paid myself so far over the last 6 years? $10k Moral of the story: Don’t start a drink company. It’s a money pit.
@hamzazafar2219
@hamzazafar2219 Месяц назад
What do you think about about a chips business? I am actively looking into it and have a very different flavor in mind. Not sure if its going to taste good. I believe your insight will help out. Thanks
@TheGameCapsule
@TheGameCapsule 7 дней назад
Liquid Death read your comment and laughed. A lot. They put water in a can and gave it a funny name with edgy artwork.
@pieroliero
@pieroliero 6 дней назад
@@TheGameCapsule and a lot of capital
@beelzzebub
@beelzzebub 4 месяца назад
I wouldn’t be comfortable taking £100 from a friend, let alone £1 million!?
@rishabh8451
@rishabh8451 11 месяцев назад
I have always admired how robert passes on the stuff to lori first.
@MissionaryForMexico
@MissionaryForMexico Год назад
I cannot believe how she has spent other people's money! And wasted it!
@drshashankmh
@drshashankmh Год назад
Kids should consume natural sugar and avoid such things.
@justinharris2945
@justinharris2945 Год назад
My kids Phoenix, Jaxson, and Braxton are my world
@liamcasey2001
@liamcasey2001 Год назад
hahah
@swedishchefhands00
@swedishchefhands00 7 месяцев назад
Her: "This is my son Phoenix." Me: I'm out.
@sappysuds4545
@sappysuds4545 29 дней назад
If there is fruit in it, it has sugar. Just because there is no "added sugar" doesn't mean it's great for you.
@rebeccaphillips2207
@rebeccaphillips2207 2 часа назад
She took the criticism pretty well tbh
@erickquinones1095
@erickquinones1095 9 месяцев назад
No lady, they didn't get hung up on the money you raised, they got hung up on the money you burned through
@sammyb1651
@sammyb1651 5 месяцев назад
Zero trouble to her conscience at all. Psychopathic. I feel bad for her husband. Can you imagine?
@shet0011
@shet0011 Год назад
Robert: “I admire how much you are standing your ground” 😂
@yskim2636
@yskim2636 Год назад
I'm not an entrepreneur, but even I know you can't expect people to invest without proven sales. Everything she pushed was based on hypotheticals. Distributors, reorders, product benefits... BUT NO PROVEN SALES? Smh.
@me-myself-i787
@me-myself-i787 Месяц назад
If a company was making money, it wouldn't need to raise money. People go out and raise money before becoming profitable so they can use that money to build factories, distribution centres and marketing so that they can make and sell products and become profitable.
@DrB81
@DrB81 Год назад
Looks like Phoenix’s mother won’t be rising from the ashes.
@genetlemma3724
@genetlemma3724 Год назад
The company is worth 20 million now...
@udaychaudhary255
@udaychaudhary255 Год назад
@@genetlemma3724 valuations are a tricky game baby....
@JoelPlay
@JoelPlay Год назад
@@udaychaudhary255 No they're not, can you guys stop trying to downplay her success because you don't like her.
@abaofifsz
@abaofifsz 2 месяца назад
Yeah they are. Can you simps stop in general?
@Noway673
@Noway673 Год назад
She paid no more than $20,000 after she finally got her distribution and national patent license.She paid herself $930,000 on her personal interest.
@mlw9195
@mlw9195 Год назад
How do you know?
@aminamuhina
@aminamuhina Год назад
You’re hot
@catman2484
@catman2484 Год назад
Very well said by Robert at the end
@G1dr4
@G1dr4 7 месяцев назад
10:05 truest words spoken on shark tank
@dennyli1897
@dennyli1897 Год назад
"but i am selling the product" lmaoooooooooo 50k of it???? Mark's fact was priceless after she said that 🤣
@ananyarao3565
@ananyarao3565 Год назад
I’m here 10 mins after the video was posted. Definitely addicted.
@maxwellstainback4421
@maxwellstainback4421 Год назад
Most recent review on the item page for Target was over one year ago. Me thinks this company is at best not in Target and at worst in bankruptcy.
@maxwellstainback4421
@maxwellstainback4421 Год назад
Lol and the website is offline
@stefanocioni2587
@stefanocioni2587 Год назад
Lori is the best, the most genuine of all the sharks; lovely lady
@MultiSciGeek
@MultiSciGeek 7 месяцев назад
100%
@dismalthoughts
@dismalthoughts Год назад
Robert at the end, "When it's my money and I lose it, I feel bad. When I take a dollar from you, I wake up every day to give you your dollar back, but she didn't even feel bad about it." We have such an entitled population. An uncaring, unempathetic population. Little to no respect for anyone except themselves, and oftentimes not even that.
@saxophonistscorner
@saxophonistscorner Год назад
she didn't lose the money yet. She used it to get the business up and running, and its up and running, you dont make the money back upfront, or you wouldn't need investors...
@lagann4064
@lagann4064 Год назад
​@@saxophonistscornerBut if you listen she sounds nonchalant about burning $1M with nothing to show for it She probably used it all for herself. She sounds arrogant and said the sharks arent the right investors lol
@saxophonistscorner
@saxophonistscorner Год назад
@@lagann4064 yeah, you're right.
@polishedmeat6399
@polishedmeat6399 4 месяца назад
@@saxophonistscornerits gone now
@faithwilder8408
@faithwilder8408 Год назад
Wow you know it’s bad when you don’t get to say how much the retail is and how much it costs to make it
@inlangford
@inlangford Год назад
I feel bad for her investors, especially since they're her friends and family... Yikes!!
@Lizzie-ve7kt
@Lizzie-ve7kt 8 месяцев назад
I love that Robert always grabs a sample for Lori first before he grabs one for himself, it’s very sweet.
@benjiboricua7193
@benjiboricua7193 8 месяцев назад
I was just thinking the same thing. Always a gentleman.
@Pray1989
@Pray1989 8 месяцев назад
Her son Phoenix waved like “ard my services are done, I’m out” lol.
@chewydewok
@chewydewok Год назад
The longer she talked, the more she killed her chances of getting a shark.
@Isher13
@Isher13 Год назад
"i got a bad feeling about this one" crazy how Kevin knew from the beginning.
@gatinthecadillac7206
@gatinthecadillac7206 9 месяцев назад
Mark is in physical pain 😂😂😂
@quotivation47
@quotivation47 Год назад
I like how Robert alwasy gives Lori the samples before he takes his own.
@itssorogue
@itssorogue 8 месяцев назад
Stevia IS sugar though lol
@rocky365ful
@rocky365ful Год назад
1. Without sales patents means nothing. 2. She never followed principles of lean startup and organic market expansion. 3. More efforts on protecting the IP and less efforts on sales. 4. Maintaining cash in the business is the top priority without that any businesses will crumble
@stevegovea1
@stevegovea1 9 месяцев назад
I fell onto this same trap of investing into developing the product even more versus seeing if people would buy a basic version of it.... but my stopping point was $15k.... not $950k.
@Mr-E.
@Mr-E. 5 месяцев назад
When they said there was a stevia aftertaste, she bullshitted a little bit that the kids don't notice it. Lol... stevia aftertaste is noticeable.
@SwoopENT
@SwoopENT Год назад
Man, I get such Karen vibes from her.
@JRams-ix6bt
@JRams-ix6bt 5 месяцев назад
Karen is just a name.
@kevindunlap5525
@kevindunlap5525 Год назад
Thank you for not giving us the original air dates.
@cchavezjr7
@cchavezjr7 7 месяцев назад
Whenever someone always starts every answer with "So", you know you're going on a ride.
@becca2938
@becca2938 Год назад
She's like "give me more money." But for what, girl?! $950,000 dollars later and what do you have to show for it?! Why do you need the money?!
@sammyb1651
@sammyb1651 5 месяцев назад
Zero trouble to her conscience at all. Psychopathic. I feel bad for her husband. Can you imagine?
@JRams-ix6bt
@JRams-ix6bt 5 месяцев назад
​@@sammyb1651What husband?
@sammyb1651
@sammyb1651 5 месяцев назад
@@JRams-ix6bt Whoever is standing behind her and the kids while she flies around the world breezily wasting other people's cash.
@Phylum123456
@Phylum123456 Год назад
Mr. Wonderful, you drink wine.... lots of sugar my friend....
@wel5457
@wel5457 Год назад
Kevin Already knew from the beginning... "I have a bad feeling about this" 😂😂
@dougeaton7600
@dougeaton7600 Год назад
"I got a little beat up." You deserved it!!! Taking money and not feeling guilty about the consequences for not returning.
@stuff1784
@stuff1784 4 месяца назад
She’s been rich her whole life, obviously.
@RileySkye100
@RileySkye100 Год назад
Mark’s reaction at 4:44 is just priceless. Lol
@dbtech4562
@dbtech4562 8 месяцев назад
I need to play that meme after spending $1,400 on the iPhone 15 on Friday.
@davidloughlin2238
@davidloughlin2238 11 месяцев назад
She is amazing at spending orher peoples money and also at failing to listen to the sharks advice. I predict that the friends and family will never see any return and will not get a cent back either.
@masterprediction7353
@masterprediction7353 8 месяцев назад
9:59 oh ya the old “i didn’t want them anyway” bit ya ya
@larrytan16
@larrytan16 Год назад
She's been having a good time on her investors money
@7ItalianStallion
@7ItalianStallion Год назад
Does anybody else think that she stole the money from the "friends and family" investors?
@dmmice2344
@dmmice2344 Год назад
It’s a possibility
@abasdarhon
@abasdarhon Год назад
I don't think she stole it; I think she spent it all on forcing money to do/hire the work that she not only had no idea how to do herself but also had no idea on how to prioritize the necessities. International licensing, for heaven's sake, before she even had an established local market!
@rsybing
@rsybing Год назад
You can make really bad business decisions without actually stealing from others. Plenty of unwitting dupes in the world.
@JoelPlay
@JoelPlay Год назад
Unlikely, not saying its not possible, but her work shows off considering the company's growth.
@Glennysanders1220
@Glennysanders1220 Год назад
Company is worth 20 million now
@SMOOVHIM
@SMOOVHIM 10 месяцев назад
She knows she spent a lot of that money on personal reasons & they knew it.
@SkeebusMcDreeber-de9mq
@SkeebusMcDreeber-de9mq 5 дней назад
3:42 dayum Kev knows his sh
@gabemalcolm4429
@gabemalcolm4429 Год назад
Her friends and family can kiss that money goodbye 🗿
@redbandfilms
@redbandfilms Год назад
Kids Luv is now available at multiple retailers including Walmart and Target and has allegedly generated about 5 million a year in revenue for the last 2 years.
@stephenrdoc
@stephenrdoc Год назад
really.way to go
@ashb7846
@ashb7846 Год назад
How much of that is actual profit though? If she was in debt to her investors the company could bring in a lot and still be in the red from loans owed.
@yulnikita
@yulnikita Год назад
Good for her
@abaofifsz
@abaofifsz 2 месяца назад
Aaand its gone
@ashtonndlovu9470
@ashtonndlovu9470 25 дней назад
And now it's bankrupt 👌☺️
@statement_leathergoods
@statement_leathergoods Год назад
Always hate when someone keeps on talking and think that he/she has all the answer
@spaRKLES88604
@spaRKLES88604 Год назад
they have a point, maybe that money would have been better spent on market research to see if people would actually buy her product instead of distribution and mass rollout
@nandos8713
@nandos8713 11 месяцев назад
“ my focus is the west coast. After that we will focus on other coasts “
@Sactown-zs2bb
@Sactown-zs2bb Год назад
She should have kept her mouth closed about how much the investors had giving her see they trapped her when she said that because she thought they would be impressed with the amount instead they were more curious on the amount she had left in the bank
@glennadina8471
@glennadina8471 Год назад
Due diligence would be done after the show. Where they could back out. At least one has to be honest when they pitch. It is what I feel
@AryanMahipal
@AryanMahipal Год назад
It's not that easy sharks are not idiots
@alex161
@alex161 Год назад
@@glennadina8471 But that happens off screen. Viewers wouldn't know and likely buy it out of curiosity and thinking that a shark invested in it.
@mrhumble2937
@mrhumble2937 Год назад
@@glennadina8471 but at least her product looks better. Viewers don't know why it didn't work.
@Knapperoni
@Knapperoni Год назад
They would have found out eventually, a verbal agreement like this on TV is not legally binding until papers are signed and all that
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