"What Were They Smoking When They Evaluated Your Company?!" | Shark Tank AUS
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- čas přidán 13. 09. 2019
- Scott Boocock, founder of Hegs Pegs entered the Tank seeking $380K for a 10% equity stake, once the Sharks they lost their train of thought...
Company Website : www.hegseurope.com/en/products/
An international sensation, Shark Tank AUS features entrepreneurs pitching for investment in the Tank from our Sharks, five venture capitalists willing to invest their own money in exchange for equity.
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Shark Tank Australia, I like these guys, especially Andrew and Noami. I like their respectful handling of entrepreneurs. Very Few rich people in this world are humble and that’s amazing. May they prosper more!!!
NO
Steve always says “good stuff” or “ah nice” when someone says where they’re from
As I read this comment, he said it 😂
@Jason St-Coeur its just classic aussie wholesome shit bro
It’s part of their identity, a big part of it, and he is celebrating it. It is a great, easy way to make people like you a little bit immediately which is super helpful in negotiations like this. Especially if two sharks make the same deal (Steve being one of them), and the entrepreneur gets to choose between two exact offers, the only difference being the shark offering it. That “ah nice” could win him the equity in those situations.
in the army or whatever force he was in; people came from anywhere and everywhere within the realm.
Harry R Someone gets it nice ;)
The Australian sharks are much less aggressive compared to their US counterparts - they also take a much more active role in tutoring the aspiring entrepreneurs - respect.
I prefer the Australian and UK dragons over the passive aggressive woke Canadian dragons.
Yeah the USA sharks are dickheads
Bc in America half of us are rude and take advantage of people and the rest are stupid
@@imalwaysright1408 lmao what
its all tv and all fake. the american sharks are catering to the american audience and the austrialian ones to the australien audience. if you think the american ones are worse you are being succesfully played
Andrew always gets up and shakes the person's hand. Always. Nice man.
Ehhh not always :p sometimes they just send people away laughing.
he's also always the first person (and usually the only person) to stand up and demo whatever the product is.
Not always
Ummm maybe watch like 5 episodes and you'll see he doesn't do it just as often as he does.
@@SpydersByte mæn m
This is the most articulate guy I've ever seen on this show!
@@bensutton8077 where
What about the expocentric guy? The one that asked 2 mill for 10%
I know, right? 🙏🏻🤍
Woth the dumbest invention ever
Would you spank a monkey if it threw shet in your face.
I love how honest Andrew is. He's not mean about it, just honest. "I'm sorry, I know this is your life's work, but I just can't get excited about this particular space." It's clothespins. The man is asking for big, big money for his clothespins business.
Yeah he's humble too.
It's pa British thing
I haven’t seen these guys invest in anything except the hotdog between the burger “invention”
you can’t call that an investment bud😂
Still, it would make them good money if it goes trough
Angel Cuate I mean you could probably sell the idea for a decent amount to a large chain
Jonathan Lee the question is: would you buy an hamburger with hotdog in between it?
The first time I saw that episode, I honestly thought it was a parody of the American shark tank
In its first year, Hegs was approaching $1 million in revenue, which Boocock says has increased by 27% year-on-year since his appearance on Shark Tank.
wow! that is really cool.
yea not anymore
Considering I use these to hang up my hockey equipment I didn’t need to finish the episode 😂
"I'm asking for this much money."
INSTANTLY CUE THE DRAMATIC STACCATO MUSIC
This man smiling is contagious he took the rejections very well
Noami actually invested in a business, i think i can finally buy myself a shawarma now
I'd like to offer you 1 like for 35% equity on your shawarma
@@angryrantmansneighbours8470 $1 for 30%
I'd like to offer $10 for 35% return on your soul's thoughts
since, i already had shawarma yesterday.. for that reason I am out
I'm getting a bacon-wrapped hotdog.
Damn this guy is prolly the best talker I’ve ever seen, he had these judges on edge which is hard to do seeing that their pretty cruel to most ideas...
Harambe's Spirit his good but that drone kid takes the cake
*they're
yea, he's quite a good speaker... makes sense as he teaches them :D He also just looks like a successful business dude lol
What the hell is "prolly"?
@@mooganstooker2419 it's how us cool kids say 'probably'
I've seen DOZENS of times they punish ppl for working the business and having a side job. Always say u can't do both and that tells them your not serious about thr business.. Yet they breezed over it for this dude like it was nothing.
I think because he's shown he was able to work it. He's already established, won awards, is making a profit, etc.
Usually when they go off about it (from what I've seen) it's when someone comes in with an invention, no real business built yet, and they are trying to pitch for a huge amount of money without even putting their attention 100% on the product.
For this guy it was kind of irrelevant, since he was already established.
Just the sense I got 🤷
@@alexandramarberry1023 they typically aren't running it though, just making sure that things and their investment are going ok
Depends on how much the people put into the business they're pushing
It's thier money -_-
I agree. It’s also so out of touch to look down on people for having to keep a job. We aren’t all millionaires making hundreds of thousands from all our investments. Besides, don’t their multiple investments take away from each other? :P
Rules don’t apply to them.
I bought these years ago, still going strong, great product
So no repeat in sales?
@@TheAazah they came out in a pink colour once so I bought those as my wife likes pink. We were running out of orange because I'm military I move around a lot and they seem to disappear overtime.
Where did u buy them? Are you in the US?
The vibe here is the best I've seen. They all seem friendly and conversational, something lacking in business nowadays.
Wolves in sheep's clothing.. They rip off (or try to) people so much on here its unreal
Naomi is a bottom feeder. Terrible offers. She is probably the closest to a shark on the show
I watched this show for the last 3 months.... one thing for sure is they never invest anything, all they do is talked down.
Hahahaha
Zobawiha Power Yep! I'm trying to figure out if they just don't have the money because even when they invested after the show they pulled out... I like Shark Tank and Dragons Den, dragons den much better though!
Thousands of people have come to shartank, they cant invest in every single one because they dont have the time to truly commit to each. Secondly, they dont have infinite money to randomly throw away. Thirdly, they are teaching other investors how to invest and the thought process of finding a company of investing in, if they randomly invested they would lose their credibility. Fourthly, they have a reputation to maintain, they wont invest in companies that dont fit their “image”. For them to invest, it truly needs to be a good idea, priced well, where and something they seem like they would enjoy doing.
You know that only 0.6% of companies get to funding of this type? Assuming they are VCs
If they are angel investors it would be 2-5% maximum
So naturally, they would not invest freely. Plus, usually there are a lot of other red flags.
Simeon Ivanov well the companies are pre-screened, so you can't really compare those figures.
Love when guys come in and are honest, straight up and innovative
Andrew doesn't invest in a god dam thing. All he does is tell the the pitch person what the offers are...literally.
He acts more as a host than an investor
he invested 2 dollars in that burger/ hotdog mold
Michael FOster He’s the Jenny of the group x
@@samifolio950 And that shit blew up, hell of an investment
He's out
" I'm from alice springs"
Steve: LETS TALK ABOUT THAT
What I always find funny is Andrew's tag. You know, each shark has their knowledge and expertise. Steve is big into technology. Janine is about health and fitness.
Andrew, well he's an entrepreneur
That always gets me too, haha.
Well andrew he has the most money to throw at a problem
Andrew's tag is the "global" part. He's the one with easier access to U.S. market - which is where most fairly well established business in this show want to go.
Andrew appears like a mafia boss from movies played by De Niro
Andrews was hr and jobs
I feel like the US sharks would send these entrepreneurs out in tears
the positivity in that room was astounding for this pitch/sale/deal.
she's into him
Only for business i guess
@@Name-cz5jj 🥶 🍫🍨🍧🥮🍦🍡🎂🧁🍮🍰🥧🍾🥂🍷🌹🌷🍬
Ikr, i mean look at her i think she's in love or something
she doesn't make deals with anyone, paid 150 for love.
btw they are married now
@@paypalservices2724 why lie
11:06 I really look forward to waaarrking with you ahh ahahaha
we knew naomi would make a deal anyway though because in the episode with liana you showed, Naomi said she'd "cornered the market with Hegs"
Jenny invested more than all australian sharks put toghether !!!
hahhah
ioan pena and for that reason I wish you all the best but I’m out
bloody hell ya'll living in the 1800's I'm living in 3020, I just hang my clothes using hangers, saves so much time and I don't iron either
weird flex but go off
You probably don't live in aussie
@@river7222 Yeah, no Aussie would dare hang their clothes out on clothes hangers, not after the great hanger war of 1942.
@@river7222 Yeah nah live in Straya mate, not Aussie
You could just as easily loop a clothing strap around a standard wooden one to the same effect.
Jenny isn't here. Therfore: I'm out
"Hahaha". These jokes have never been done before! You are so original! 🙄
Are you 12 years old? Or do you just think and act like you are still 12? Still fishing for likes with that tired, old, repititive, idiotic meme? Unable to engage in mature and thoughtful commentary and discussion, so you resort to the only thing you know how: spamming the comments with pointless, irrelevant nonsense. Pitiful and sad.
Take your obnoxious Jenny spam back to the Dragon's Den comments sections.
@@Mogamishu there's a way to point out the joke is bad and overused without looking like a windowlicker
Someone Else it's just a joke my guy, also he got more likes than you sooo
@@Mogamishu You might need some sort of mental counseling after losing your cool over a CZcams comment. I would say that your comment was definitely "Pitiful and sad." instead of theirs.
Someone Else ooh chill
I just loved the man, he looks like an actor also, all respect for the sharks.
Literally all me pegs at home are these
SexyRolfHarris69 , good eh!
Do you not have clothes dryers in Australia?
@@GinEric84 Legit question. I'd like to know as well. (American here. We don't really hang out our clothes here, so I really am curious.)
I imagine these people live in a $500,000 house that they’ve only just bought and they think it’s now worth $6Mil.
Not the same.
A house is non-earning asset, businesses generate cash flow.
Selling equity is just that selling, expect to negotiate price.
@@norabatungbacal6636 but if you’re generating zero revenue, have no patents and no intellectual property, how do you have anything of value? Lol
@@Technicallyimright if you have a product
@@wioi if you have purchased a product, you’re actually at a loss. It’s only when you sell a product you can make a profit.
@@norabatungbacal6636 well this guy claimed his business was worth something and yet all it amounted to in reality was 3 million in unpaid employee debt.
A clever comedy advert with "why peg it when you can heg it" could make him a superstar.
Ive watched a ton of Shark Tank. Im in the US.
This shows weird to me. They dont ask the same kinds of questions.
For example, Ive watched 7 of these now and they never ask if they have any debt. Seems important.
Plus, here they ask him what is the cost to make the product and how much it retails for.
In America they also ask, how much are you selling it wholesale? That shows the profit margin. Seems important.
This is television. The real questions are asked behind the camera. Whatever deal they made here, doesn't mean will be the same as the finalised one. Most pf these deals takes months before actually making any actual investment. These people have their own financial and legal team to make sure this company is right to invest in.
@@TheJayair good point. Also Kevin said in reality it takes about 20 minutes to 1 and a half hour per showcase
I dont think either shows can compare to Dragons Den (UK). The US version is like a soap opera, so many tears shed, they never bother filling up the tank with water when tears can fill it up! AND how they interfere even when they're out, talking over each other etc, childish!
They can’t get past the evaluation, so the rest of it doesn’t matter. This guy hasn’t made any serious money and wants a fortune. He’s nuts.
I find the differences between the three amazing and love the way they show the cultural differences of each country. I`m a Brit but much prefer the Aussy version. Not knocking it but the USA version makes me want to heave sometime, it all so drama based, like they all think they are potential stars. Yet it also shows why Americans are the best business people in the world (generally). The Den is entertaining but I don't care much for the sometimes arrogance and self importance of the dragons, not all of them and not often-but it there. The Aussy`s seem more fun. laid back and egalitarian. Quite honestly if I met any of them in a bar I`d like to buy them a drink (and get one back) as they seem decent geezers and gals and would be interesting to talk to. What`s common to all programmes, regardless of country, are the people visiting the tank or den. A mixture of the gifted, inept, people with good products but not much business sense, a few that are sharp and smart enough to be sitting in the sharks/dragons chair in a few years. Only once have I seen a prospect that was smarter than the dragons.
2:29
"$5 a bag."
"RIGHT"
don't know about the business deals but love the personality and smile of Aussies ....
I would have invested because it was going to priced decently, people are always buying hegs because due to weather conditions or sometimes accidental breaking you always need them. People would buy these quite a lot because they are good and also he wants to create a range of different styles and uses, as well as colours. A good idea, bit of a risk, but it would be quite good to be in it for a good amount of years. I think you'd definitely get a return.
Steve was in the army? I can kinda see it lol. Makes me like him even more though, i got respect for troops regardless of what land they promise to protect
Naomi's first and last deal in Shark Tank history
@@Anonnnnomus no
@@Anonnnnomus but if you're new here(i' just start watching this for the past 2days bwahahaha) she's out like 94% of the time
He's slow if he doesn't immediately realize Naomi has the best offer!
They might have just cut it so it seems like he is taking forever to make it more exciting to watch
@@dalisophie3856 What he could have said: "Thank you both. I'll accept the offer from Naomi."
What he said: "Thanks very much for the offer, Steve. Thanks very much for the offer, Naomi. I guess I'm going to, I am actually going to take one of you and accept the offer. But Steve, just at 35%, it's just too far up there. I would rather partner with Naomi, build the business, build the brand, use your PR expertise in marketing and at the end of the day, you know, if you're offering the money and then pay that back, that's a wonderful thing for us. So I would love to take your offer."
I'm freaking out. Steve and my dad could be brothers!! Same glasses, same facial features!!
Y'all should smash
@@marktwane6195 🤣🤣🤣🤣 wth
So friendly the AUS Sharks, they like having a chat in the middle after every deal love It xD even If they are out.
That's a beautiful area rug. Gorgeous.
Jenny : ‘ I’m on a different continent ..and not on this show....for that reason...I’m out! ‘
Debt is always cheaper then equity
Not to the unsuccessful business :)
@@VictorMinchihLee They can always go broke and it's still cheaper.
Love hearing them say Fair Dinkum. It's so Australian! They're like characters straight out of Neighbours!
Hell, just hearing them talk at all gives me memories back when I was playing with an Australian clan years ago. Nostalgia can come from strange places...
What a great personality!
3:50 Whenever I hear these sounds in shows like this I think of Forgetting Sarah Marshell, his job was weird atmosphere background noises like this- I mean, lol somebodies gotta do it
😂😂😂 Hopefully that person has a better love life!
Wonder if he/she is into puppets, as well? 🤔😂
As an American, I love y’alls version of the show so much more. I like the Australian sharks more too!
I wish the 'sharks' would be honest and just say they're not interested instead of try to pick the presentation apart or try to humiliate them...
I guess they're just trying to give them a reality check so that they don't waste putting more money into the business
Leeshan Pillay right they are being “tough” to help these people out in the long run.
thats the drama thats makes it a tv show. It can also provide valuable and free feedback
Umm... That's how investment meetings go. You clinic the presenter. If you tell them the problems you have work it they have a chance to look back and fix it. And usually when you only meet once, it's better to tear them a new hole so they actually think about what you said
Love these things for me towels! They’re great
That product has to be online.
So he did a good job selecting her. I feel it has a shelf life of may be 5 years before somw one comes up with other innovation or china sales its cheap copy.💯
exactly! that's why he needs to not sell it retail but to established brands as a replacement to hangers. For instance (if i were marketing this product) I wouldn't be trying to sell it in stores at all but instead I would go to any Clothing Brand or Online Clothing Rental Store, anyone who can use Hangars for their product. I would give them a deal to where basically they can ship these easier than Hangars so it always ensures that customers are able to just take it and instantly put their product in the closet, especially for companies that having subscription based Clothing Delivery or Rental like those are prime considering many of those models have more expensive clothing and because there are so many different types of clothing they ship, they cannot reliably use hangars, you ship some of these puppies with each order, great package and honestly it's going to be a steady income for their branding provided they get the trademark / patent in the other markets. It's simple, innovative and honestly i wish i were in charge of marketing this product because it's a DREAM product!
perfect.. i need these..
I'm still trying to figure out if they kissed on the mouth 🤣
My god! She said, "Your the most expensive Pegs I have ever bought"
he looks like chis hansen
@3:33
Scott: *old AOL startup/sign in tone*
Everyone's so nice. Wow.
I live in the U.S., but would rather watch these folks than their local counterparts here without exception
what a great team ! this guy seems wonderful. Good work Naomi.
In the us dryers are basically essentials, but cost money and energy, so i think it would’ve been much more helpful for his business if he tries to market it as a “green” product in the us and maybe other countries since “going green” is such a big deal now.
Mr Boocock from Hegs Pegs, gotta love the aussies.
9:06 the decision is a hard one.... Its funny how he said it hahahaha
Entrepreneur: *says a place*
Steve: ohh noice
In the US they are called Clothes Pins
Are they lol. Funny how Americans speak English but so differently to us (us meaning people who live in England or the UK) the way Americans say aluminium always gets me lol.
So funny because I was thinking the same thing lmao. I was thinking, "wait....is he pitching clothes pins?"
@@ella-bt8hp Well, we spell it "Aluminum", not "Aluminium"
"What were they smoking when they make that evaluation?" :) lol
When does “pegs” sounds like “pigs” 🤣🤣🤣🤣had me confused asf till I put subtitles on lmao.
That Aussie accent
Chris Craven how does it sound like pigs?
One of the easiest and best inventions. Adapting an existing thing.
First time watch this shark tank
I am a big fan of dragons den Uk
If you are out you don’t talk mate 😬
Seminio Hana exactly
So many things wrong compared to the den
I've seen people yak on the den after they were out but still giving their input.
@@raymondwitter8101 nothing like these Aussie sharks yak tho
Makes it a lot more exciting to see than Dragons Den.
This proves that the lady in red is not broke lol
My grandma used similar pegs 15 years ago lmao
Another way to hang up strap garments is to clip a clothes pin into both sides of a hanger. Place straps on inside of the clothes pins. Same results, less cost.
The real estate ‘shark’ guy sitting at the end brings nothing to the show.
@playlists nobody needs to bring anything to the world, he has cash to throw around and that's what the show is about
he has a net worth of 5 mill lol
@playlists who gives a crap what you prefer
Scott Boocock from Hegs Pegs - he's the bees knees
I don’t know these people but these pegs are AWESOME, don’t break, and don’t abrade the cloth, also don’t slide along the line, seriously good! Buy them people.
Hegs pegs are the best, sturdy and work really well. Won’t buy any other pegs ever.
The face of this guy reminds me of Chris Hansen's Face.
Probably his suit and posture too
@@adhiraj4988 absolutely
2:35 that zoom in edit on Naomi though.
Steve is always up for free stuff.
Very much a Queenslander like me haha
Already in liquidation. GG good investment
great
Mr Wonderful..."Your dead to me" lol. This looks like the minnow tank
Simple but excellent idea the best inventions always are.
No Aldis in Wales 🏴??
There most certainly are 😀
Good ep.. in this ep... there is a offer to buy 15% for smaller than asked for cash with a Loan to balance out the difference due by show's rules.. VS another offer with a royalty payment.. hence the %ownership% (in this case 35%) would have been for free.. // the UK version does not offer this much evidence of 'how sharks/dragons get paid back their money'.. many eps have NO offer of detail over how the coins r paid back to this passive investor.. royalties.. interest on loans.. deductible and lower retained earnings.. hence lower a dividend to come.. must have a positive RE before u can dividend out.. // Thanks for the Upload a very exciting ep..
Steve straight up tried to jip this man of his equity and he doesn’t even bring as much as Naomi 😂
Steve had a lucky escape the company went bankrupt with over 3 million in debts.
@@robdee81 I can't find that anywhere online when I look into it. They still sell in a bunch of stores.
@@ZZ-jj1sm well goowell then you didnt look very well, google Hegs pegs bankruptcy and the first page is full of stories about them going into liquidation in 2019, and how they owe millions. If they are still in shops its probably because he sold rights to cover his bankruptcy debts.
@@robdee81 you're right. There seems to be a new owner.
The thumbnail though 🤣🤣🤣
Nice man !! 🤘🏼
Most Americans use a dryer the market in the US is not that big sorry
yeah it might work out here in asia but 5$aus isnt gonna be easy to cut out from peoples pockets!
Well being environmentally-friendly is a big trend right now, in case you didn't notice...
australias hot af so we dont rly need dryers
aidan mcnally Americans do eco friendly differently, we don’t significantly change their habits, we focus on making smaller tweaks. Giving up a dryer is too big of a sacrifice for us.
@@JohnnyHikesSW Ah OK, fuck the planet then :P
Great simple product
I'm in America, east coast, and would def buy a couple bags of these.
my man lookin like ben shapiro and tom hanks combined over here
Well that looks good i can use some of them
Bring Hegs pegs to the US! I want some of these!
Steve clapped right away, even though he wasn't accepted. Good dude, its just business and its great the guy got a deal.
This guy is professional seller id buy stuff if he explained so calmy
i need this, i want this, i would buy this!!!!!!
I am lost for words for this so called invention!
Yes my brain is popping out of my skull too
Guy looks like Chris Hansen, even dresses like him 😂
Australia is such a nice country
I have these in my house