"Your Investors Must HATE What You're Doing!" | Shark Tank AUS 

Can't handle the truth

@@mccc4559 U totally got it...Haha 😂

@@jcwyu for sure bro

Smarter than her

@@gdog7391 I doubt that. Maybe when their in that chair instead of her. Til then, no dice.

Steve is the Gordon Ramsay & Simon Cowell of Shark Tank Australia..😂🤣😂

Where u from mate?

He is the most clever person I've ever seen!!!

Yeah I only watch it for steve and sometimes Jeanine

he is my favorite shark from aus.

Now that I think of it, it is 😂

@@djlumi1969 and if you google them the GENERAL is his dad LOL

@@dubayyuae8696 XDD

@@dubayyuae8696 wow that makes so much more sense now.

Yeah right. A bunch of spoiled kids lol nothing else. Yet nothing behind it i‘d say „woow“…..

Ikr business is really going down hill woth younger generation same with education

If you or these idot investors would have listened instead of over looking them because of their age, you would have heard them say it is a great commercial idea play. They're planning on using that company to recruit the next "them". Which is a great idea.

@@polymath1666 you think smart engineers are going to see them behaving like this, bragging about how much they're ripping off their students on international tv, and still sign up for their program? It might've been a good idea on paper but they did a mighty fine job screwing it up.

@@polymath1666 Right so pyramid scheme i mean that sounds like a pyramid scheme

That's literally your own interpretation, based on grabs of a pitch on a show deliberately edited for drama, yet you're touting it like it's the gospel truth. I'm not saying it's not true; I'm just saying you can't know that it is, and pretending you do is a tad obnoxious in itself.

Yes it would have been. Unfortunately it doesn’t matter for them. The one boys father is Jack Cullen who serves as Vice Chairman of the Board for the Institute of Regional Security (also a retired General). Through daddy’s connections they were gifted lucrative contracts with the government. To date their “company” hasn’t contributed dick to the advancement of drone applications in warfare.

That answer would have gotten me intrigued because of the fact it's a good enough company to get the contracts with the military. When asked why, they should have responded with brand identity and promoting stem. They could have also disclosed the profit margin.

makes sense like most frat guys hahaha

He was enjoying their smug attitudes.

@@whyisblue923taken he's too old for thier anticks

Brilliant - never before did I hear a shark declare that they were already retrospectively out

Andrew is a straight savage

And into theirs!

Exactly!! That was the most annoying thing about them.

Why? The sharks didn't seem to mind. I think they were far more concerned with the business details - something that has nothing to do with pocketed hands.

@Darren Mcclean that's entirely arbitrary.

cocky look

the editors messed up

he only likes to ask when he likes the people lmao

He only asks that question when the idea is quite good.Not like the dodgy oaks.

He's not interested. He's in battle mode.

Really?

I doubt it, there is a lot of compliance issues involing to be part of any defence tender. Possibly they may have interest from few areas of ADF but not sure about real money being poured in from defence.

Praneet Castelino the lochie guy actually came to my school today and i just looked this up. But their program actually looks very good, and I believe the business will go well

i call bullshit 🤣😂

Fake contracts they made it up

100% even the website is written the way he talks

Or politian

That's where you're wrong. He'll be a great corrupt politician ;)

Politician not businessman

With English manual

Yup . They basically sell an unfinished product from China and and let the customers builder them instead . They such conmans

but what isnt made in china these days

@@RocksmithPdl corona 😄

@@MrNaveen48 i mean corona *did* come from china

That's literal and not sarcasm. These pitches tend to run close to an hour usually. For entertainment purposes they edit to only relevant portions for tv

They all would've invested in the other business - because government contracts can make you insanely rich.

Probably a family member

@@rosstrue1 You mean a corrupt family member

@@alanc975 one of the kids dad is partly responsible for goverment contracts

keep in mind they do splice and cut a what is said. By the guys exiting comments it sounds like they probably talked more about their education business and it was cut out since it didn't fit the narrative they decided to go with for the company. Which was to show a group of guys trying to avoid questions about a business they weren't there to talk about. I found this whole thing cringey since they sharks never asked a lot of the basic questions they usually ask. Which I assumed were cut.Just a bunch of circles.

did any of them clock in above 5'9? lol

@@alekseydrotenko3289 relevance?

@@alekseydrotenko3289 braindead thinking about people's hieght all the time

@@sirstriped5233 Pretty much. I've binged enough of this show to realize it's a drama show about pitching businesses. At least what they upload to RU-vid.

And maybe smart

@@siddhantdhanve5111 Nah, mommy and daddy are taking care of everything for them

Good cop bad cop but more cops with more plans

Facts

Every shark tank and dragons den comment section has to have that one person who makes a comment like this. It’s tired.

Also Kevin O’Leary ?

Right? But they weren’t even good talkers! Just vague and constantly dancing around the topic

@@Harppuunamies Mr. Wonderful wouldn't even make an attempt to say 'I'm Out'. He'd say 'NO'. Just 'NO'.

Or just intelligent.

AW MAYNEEE. A FIELD DAY!!!!

Mr Wonderful would’ve made those boys cry 😂

ROFL

Barbara: and, for that reason, I'm out.

Mr. Wonderful wouldn't even make an attempt to say 'I'm Out'. He'd say 'NO'. Just 'NO'.

Completely totally uterlly absurd. Probably the most insane worldwide

but their rich parents are so proud of the act!!!

Lack of experience? They're in business with the government/military and pitching a 2nd business...so inexperienced

@@baconscoobysnacks3135 noone said they got the government/military contracts based on their presentation skills

@@alekseydrotenko3289 they more than likely got the contracts based on their ability to provide a reliable service 🤔 you know what you're probably right I'm sure the military is just handing out tons of contracts based on people's inexperience, that makes way more sense when you think about it 🙄

@@baconscoobysnacks3135 well for example here in US joe bidens brother was given a two billion dollar contract for construction in Iraq and he has never been to Iraq before and zero background in construction. and since the aussie military is our vassal I doubt they operate much different except maybe softer recruits?

Impressive very nice let's look at Paul Allen's buisness evaluation

@@sadsworth4605 Patrick: Paul who?

Who has the biggest one?!? 😮🎉

Are you kidding? O'Leary would have torn these guys new assholes and they would pay him a royalty just for the ass kicking.

But that’s why we all love him . Kevin o Leary is the smartest coldest more ruthless shark tanker out there but he is also a amazing human being .

@@doncarvalo3691 he ain’t. Read the National Observer article, he’s more marketer than businessman

Brybeats just watched that for the first time last week and I agree.

His character was based off kids like this exactly.

No, no, no ... that means fair competition, government means daddy and mummy.

Not saying the hands in their pockets isn't rude but gangsters? I'm gonna say no to that one. punks perhaps would be a better fitting word.

Of course! You want your hands inside HIS pockets!

Matt W because why not applaud successful people in there 20’s.... clearly nobody can be successful without help from “mummy and daddy”.... You’ve clearly got issues in your own life you need to check 😂

be quiet

I don't have any issues haha. I'm working in a full-time post-grad position with a decent salary. Just pointing out the obvious to girls like you

I’m just saying even with the financial backing, deciding to start a business at that age is fantastic.

@@callit3580 I mean if it's a profitable business, then that's fantastic. Unfortunately, many of these businesses have fallen to shit due to a lack of market research/asset management, etc. If they're still going, on 'em!

Maybe because of drone attack :eyes:

As far as I know General Electric went bust long ago.

@@michaelolson6982 That was General Motors.

Haha. Right? Its their youth and experience. They're just trying to look cool in their suits.

@@bellmeisterful I mean tbh they were being smart. Why would you want to blab about your company to the vast public

I got into software for the military back in the 80's, when it was the "cool" thing at the time. It's a buyer's market for the military as there are so many competing for an illusory piece of the pie. When tendering for a contract you had to make a ridiculously low estimate which you knew you could never achieve and hope that, if you won it, either a miracle would happen and you'd somehow not do it at a loss, or pin your hopes on "follow up" work, which was not guaranteed. Long hours, ridiculous stress and an (often) abusive customer. You'd be burnt out by 40 having little to show for your career. So, I think you're right. These guys have already been spooked by the defence market and are hoping the quick bucks are in "education".

everyone knows them. nobody knows you. Jealous?

@@DW_Teknos Who's everybody?

Wouldn't that make you a rich private school kid too?

He need to support for his ego and testatorent

Its like the cheerleader effect but for guys

Nope. 4 blue ties. They're Young Liberals spending family and friends money to use their connections to get overvalued contracts for under-performing products. Kiddie version of the current defence/primary/energy Industry. They are the perfect example of why our country is screwed.... Australia is just the Western version of the Russian Oligarchy, but without the more extreme elements of "Political Persuasion"... No Fraud Charges for these kids. National Security will bury the fallout....

good catch :D

youtube snitching on their "drone" business lol

Lol

Thank you

What did I miss?

Okay boomer.

qtCambers as unoriginal of a comment as it gets

Jenny:… I’m out

@@romanbab1506, said the unoriginal comeback to the unoriginal comment.

I mean I that it was pretty funny, Daaamn.

Has Jenny changed her name to Barbara?

Aliman _ lol yup

Exactly. Ignorance at its finest. These guys are so impressive for their ages!

If they have a government contract, maybe they shouldn't go to a fucking live telecasting program to get funding

@@vikumwijekoon3166 the gvt contract business is the business they wouldn't discuss, except "perhaps at a later point behind the doors. " And I doubt that line was even true, just a way of saying our investors for that are secure (and the sharks additional investment would be abysmal pocket change to comparatively) and we've agreed to not disclose that info.. why they were pitching a subsidiary

Lara Russell I thought the same and just did a bit of googling. Seems like sometime prior to the federal election last year they launched a partnership with the Air Force cadets to educate the kids on using drones as a STEM program. Weirdly, they announced this under the banner or JAR aerospace, and not JAR Education the subsidiary. So I’m thinking it’s a bit of both - they probably really do have some traction on their education bit, and they technically have a partnership with government via aerospace, but it doesn’t seem like they are providing top secret tech to the Air Force.

"It's 50,000,000 actually. But I'm out anyway." -Naomi

her networth says its 40,000,000 . idk where you got 500k from

500,000 hundreds

You said reap.... you mean rape. What a joke of four dicks, they are nothing more than that

They went out of business in 2019. They only know how to talk but they don't know shit about business. I'm the same age as them and I'm a businessman. The difference is that I know what I'm doing because I planned everything for more than a year alongside a team of experts: my family. Education is of utmost importance. If a family is well educated they can enter the market in their field and crush the competition.

@@greatarabia8091 hahaha the irony. they go to a university, but not educated. they must be looks and party type of guys. they have the looks and attitude, but no brains.

​@@greatarabia8091education means zero without capital. That's the real truth.

You dont "flex" infront of potential investors...

@@hassansabra9392 i agree with you

@@hassansabra9392 going in there to flex WAS their whole flex; and they did it admirable well. Sure they're douchey rich kids most likely but it was priceless seeing the sharks react to their flexing.

@@jimitolkens3452 they're most probably there for free marketing.

You seriously simping for these clowns 😂 Jeez you are pathetic

Jared M sharks were greedy, these people wanted an investment in their subsidiary, sharks wanted a piece of the parent company

Don't go on TV and not be transparent then

@@williamscott-ryan1538 lol not like they can just talk about their military contracts on tv

@@Eric-Truong Not really. Two months of being effective and profiting isn't enough to create a reliable business valuation and unless it was cut in the edit they also never demonstrated how they got to a $5 million valuation. They said the program is 15k for the school? Lets be generous and assume that's per term not for the year, lets also be generous and say they get it into half the schools in Australia. That's less than $300k a year revenue, probably closer $200k. If its 50% profit multiplied then $150k multiplied by a P/E of 25 (upper end of normal) then that's not even $3.75mill. That's probably best case scenario and it still doesn't add up to a good investment, without even considering the huge amount of unknowns. If the investors asked for 10% its maaaybe line ball, 25% would probably be a good investment given the risk.

@@Eric-Truong the subsidiary company is being valued at 5 million dollars, it's 3 months old. That's not greed, that's prudence. Maybe the company will be a success, maybe not, but 5 million at that stage is idiotic. They have nothing that will prevent other people from doing what they are doing, even if they succeed in one year competitors will come out next which means that 5%'s value will diminish. At that price range, at that point in time and with no other math to show for it, it's a scam.

what about a flying toy with missiles strapped to it?

@@julsius NONE of thier three modified Chinese toy drones can sompensate for the thrust of ANY powered projectiles. Period.Put down the Kool-Aid.

@@TadashiYee Its called a joke, obviously went over your head though

😂😂😂

you're a moron. The military is using drone tech in wars now ya moron

😂

Your comment reminded me of "jerk nails."

Aerospace engineering education...

the learning initial package was" build and fly a drone". Mate these are the jobs of the future have a look at what airspace companies are buiding and you see that almost everything, from military to civilian public transportation is going to be remotely or AI driven in the years to come. Flying a drone commercialy is already a very well paid job, for surveys, movie industry, military, etc. Its just the future, you know......

Same thoughts. These billionaires showed a dumb part of themselves here.

If you can't talk about something don't mention it like imagine going to business with someone they mention something and can't talk about it yeah he sounds like a jackass but people thinking their small business need that much protection is jackasses too

They asked because they were probly lied and don't bring it up if u cant tell that's like saying I got a million bucks but cant spend or let anyone see it.. bullshit

I have very lucrative contracts with Mab, the Queen of Air and Darkness, but I can't discuss them because she will freeze the flesh from my bones. But they're real, trust me!

6:00 *

I was like "This main guy didn't say anything worth a damn!"

They aren't intimidating mate it's being forced and any guy anywhere would know it

The Court Of Public Opinion Oligarchs are Governments with multiple people as leaders...

@@MPHshoots No, that's an oligarchy. An oligarch is one of the members.

@@ifwecouldvote My pizza was too oligarchy.. wait no, that's garlicy.. hmm