Shark Tank US | Sharks Fight To Get A Deal With Pan's Mushroom Jerky
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- čas přidán 25. 08. 2021
- Michael Pan is seeking $300k for a 10% stake in his mushroom jerky company Pan's.
From Season 12 Episode 6
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Shark Tank US | Sharks Fight To Get A Deal With Pan's Mushroom Jerky
/ sptv
"I have to admit something. That marvelously meaty texture you're experiencing.....is actually human flesh."
wow thats funny
🤣🤣🤣
@Denver Mason - Do you "admit things" that are LIES much in daily life?!? Not funny either. Ehhh??
🤣🤣🤣
So, the taste would differ from person to person?!🤨
Barbara like: “I love mushrooms and I love jerkey! I grow mushrooms, I eat them and I’ve always wanted to open a mushroom company. This product is absolutely amazing. And for that reason, I’m out”
She’s not even there
@@gappuma7883 r/woosh
@@gappuma7883 look at the joke above ur head!!
@@mousmnwltr it cannot be a joke if not funny
@@gappuma7883 clearly I think it is and so do 10 others 😆
You have to admire this guy’s presentation skills. He was well-spoken, straight forward and the whole presentation was so well thought out. He totally deserves this win.
Yeah it was a great pitch
not so much.,. he was a bit indecisive right in the middle.,., he still made a great deal.,. Lori's would have been greater i would say.,.
he built up to the reveal brilliantly. that's when it really came together
That's what happens when you have a good product, you're having success selling it, and you have priced yourself reasonably. Of course his manners and skills help a lot, but it's mainly the product that sells itself.
@@imdavid4875 Ofc he was half of the sharks were speaking over him
Honestly I really like how Kevin makes sure he understands both offers and gives him a chance to think/breathe with all the commotion. The yelling and "DECIDE RIGHT NOW" is practically a contract under duress 😅
I genuinely hate that aspect that has been present for years. They gotta ban the sharks telling the businesses owner they need to make a decision now.
@@abdulclutch4509 it ruins the episode too
@@abdulclutch4509 I love Mark but hate when he does that, he clearly does it just to flex on the other sharks too
@@rohunsaigal2576 it's heavily edited for time constraint & tv drama. They have explained these pitches last anywhere from 40mins up to 2 hours.
Agreeing to it isn't a contract though, that's why so many of them fall through after the show.
Barbara: These aren't the same mushrooms I took in the 70s, therefore I'm out.
Haha!
Good one!
Barbara would be laughing hardest!
LMAO!
😂😂😂😂
Lmao
Lmfao
mark: " im vegitarian so i live this!"
*seconds earlier was eating jerky that wasnt revealed as mushrooms yet*
I guarantee you they know the ingredients before the show starts.
Good point tho
they def get a break down of whats coming in the next pitch before the camera turns on
@@BaconNDCheese everyones a producer all of the sudden ?? 🤣 clowns 🤡 u have no idea what ur talking about... ur just guessing
@@newslavecity8311 you need to be a producer to do research about the show? Id rather be a clown than a dumbass but thats just me😀
In terms of a Pan's Mushroom Jerky update, the company has been quite successful after landing a deal with Mark Cuban. In just 24 hours after airing on Shark Tank , Pan's Mushroom Jerky sold $650,000 worth of jerky. In four days after airing, Michael sold over $1,000,000 in mushroom jerky. Wow!!!
And it's ABSOLUTELY delicious!!!!
@@mimiashford5544 did you try it
@@SustainaBIT Yes, the Thai and Teriyaki. I LOVED the Thai the best. It was on sale this week at Sprouts.
Thanks for this info
Yet the pundits commenting here say it is silly to point out Marks net worth! Seriously? He is a self made multi Billionaire. yes, his advice is worth more than Lori's advice!
Blake, Kevin, Lori, and Daymond: "We will do it for 1% and you get 4 sharks".
Mark: "I want 50%"
"Mark you brilliant man you've got yourself a deal".
being the only billionare in the room holds massive value
@@noobmasters6913 I don't think it holds as massive of value as you think it does and all these peasants on CZcams think it does. Connections matter absolutely the most. And I would bet most of these guys all have tons of connections, not just Mark. I bet you every single one of them could get somebody from Starbucks to taste the jerky themselves and try to convince them to put it on the shelf. And vice versa. Any other place. Money and connections is the most important. The one downside with Mark nobody talks about is he has way too many businesses. He probably gives each one way less time than somebody else would with less businesses.
@@noobmasters6913 Lol, that's a horrible assessment. Lori has made the most successful deals on Shark Tank. When she sees a winner, she has gone all in and has the highest growth and success rate % from all her deals. Being a billionaire doesn't matter.
@Jack Mangold - are you a "Mr.Funnyman" much in daily life, as well?!? Above is NOT funny!
@@noobmasters6913 the bad thing of that is 300k means way less to him than it means to the other sharks. Mark got a lot on his plate, I'm sure his main focus is the businesses that made him a billionaire
i love how kevin will break the deals down for the guests even when hes not involved. its actually very helpful to most people he does it for
Easily my favorite shark
@@AndyfBaby319 me too
@@thehorde4868 definition of a shark
Mark and Kevin are my personal picks. Mark for his savage deal snag strategies and mentality and Kevin for his sense of humor and especially him roasting terrible ideas like pyramid scheme pitches.
Kevin is just natural on the show, he is the best shark without a doubt and he is funny. Daymond Mark and then the rest
Barbara is at home watching this saying, “I’m not even there, and for that reason, I’m out.”
Hahahaha!
She’s yelling at the tv she’s out
🤣🤣🤣
🤣🤣
this one wasn’t funny
Love how badly Lori wanted this deal. She was like you can change your mind. She didn't mind being 2nd choice
Yeah especially how she said either say yes now or no deal for 30% equity
@@mindyourbusiness4440and she didn’t even mean it 😂 love lori
@@saraeissa4954sure she didn't
9:47 was the most hearfelt “LETS GOOOOOOOOOOOOOOOOOO!” That i have ever heard in my loife🥹❤️
I think Lori recognized too late that she made a BIG strategic mistake partnering with Blake upfront for 30% instead of coming in strong by herself for a 15% ask.
She always makes greedy offers. She got burned on this one
She really messed up on this one
She always has to ask another shark to come on, while Mark is always down to do the deal alone
Man it was painful when mark offered 18% and she was like 'UH OH NO I WAS WILLING TO GO LOWER CAUSE MARK WASN'T OFFERING THOSE NUMBERS'. She got too greedy by trying to make double of what she finally offered but alas it was too late.
Well 15% at 300k and 30% at 300k is wildly different valuation
I'm not a huge fan of mushrooms, I'm more inclined to go for a green vegetable instead...
and for that reason, I'm sprout.
Lmaooooo
Hahaha
😂😂😂😆
Hahahahaha ok Barbara 🤣🤣
This was pretty funny
1 of the best ever. Great pitch. Great product. Great listener. Never interrupted once. Great negotiator. Got Lori to go from 30 to 15%. Made the deal he felt was best.
I appreciate how Kevin either puts a normally greedy offer of his own down on the table or just sits out on the sidelines and tries to alert the presenters on how greedy the other sharks are being because he himself isn’t interested. Kind of in a way helped Cuban swoop in afterwards and secure the deal
He's the guy who makes the first bid at the auction just to get it going
@@venz8201 hes the type of guy to bid like 5 bucs for something worth 50 lmao. but it gets the ball rolling
Lori: “Don’t force him into an offer!” When she was literally just a minute ago trying to force him into an offer 😂
I laughed so hard when I heard that 🤣🤣
Was just thinking of commenting that til i saw your comment
mark's the one who always does that
When you're rich , you can say anything and do anything to manipulate. That's how you get rich anyways :)
czcams.com/video/0COUZ7Zcm2w/video.html I’d love to know your thoughts on this
I love how Lori was like "I'm gonna do what Mark always does" and then Mark beats her to the punch
Mark kind of saw this happening that guy might be forced so he jumped in between quickly to let him hear the offer. Once he heard 20% from Mark, Lori's forcing him into deal had nil effect
She didn't do it with conviction.
Mark is a beast. He just killed it
@@rohit21061993 yup, he was alert snd smart as hell 🤣
I know there's bit of hate for him from the other sharks
Mark is a legit shark! Don’t come on Shark Tank and not expect competition lol
I love how throughout discussing deals they are all still eating the jerky 😂
I'm a trucker, and my brother introduced me to this stuff. Amazing product. So happy for this guy
Man, I was getting anxiety just watching this. Congrats to this guy.
Motivational as hell and also anxiety inducing
ME TOO. My heart is racing.
I got nervous
Bloody hell 😄 this is crazy
Lmao I hear u... Good stuff haha
Lori’s whole pitch was that they were in Starbucks. Mark actually had a convincing argument about how he had experience with plant based foods and how he was in a bunch of other stores
Who buys jerky at Starbucks anyways ? It would be easier to get the product out and well known through stores. Lori was thoughtless and probably greedy with this. Mark was thoughtful and tactful.
But Lori can get you in anywhere, anyway.
@@derekclawson5707 she’s pitching that because the stores have many beef jerky brands to compete with, Starbucks would only have this one. It’s not that hard to comprehend.
@@cjuice2943 I'm saying good luck. People go to Starbucks for coffee and doughnuts, not beef jerky 🤷
@@cjuice2943 Even if they did manage to incorporate it the price of it will be absurd. As if SB isn't expensive already.
I bought their sampler pack and the Sharks were right to fight over this - Pan’s jerky is insanely good wow. I hate mushrooms but I love their mushroom jerky!!
Cool story.
Can I buy this in Ontario, Canada?!
He launched it in 2018 with 300k in sales, went on Shark Tank in 2020 and reached 2022 with 1.6 mil $ net worth out of which Michael's Net Worth is around 1 mil $. Great move!
Mark’s portfolio and his personal interest with a vegetarian diet made the extra 3% well worth it.
15% to 18% stake? That's the 20% Cuban Tax
Mark has never made any shark tank company into a huge success. Lori on tue other hand is a master in that. This was Lori's perfect deal. She blew it by asking for too much equity
Well he tried it before knowing it’s mushroom… is he really a vegetarian?
@@arrabi1 I wondered that too.
Maybe the producers told him or possibly he isn’t really strict on his commitment to eating veg.
I’ve met so many people over the years who say they are vegetarian or vegan and yet I soon see they really aren’t when they eat fish, beef, etc.
@@MD-wk3gj yeah he's not so much a prick that he's not gonna try the guys food or something
if mark is in ,no matter how many sharks come together he always gets it
dude this is real fact. cool.
Because he’s the only billionaire compare to millionaires. Completely different leagues
Shark tank? More like Mark's Tank
@@QuantumProdigy3 Mark is the best. Not greedy and fair as the day is long.
Mark is worth 4.5 billion. I'm closer to Kevin O Leary's net worth than all of the sharks combined are to Mark's. It's a whole different ballpark.
As an entrepreneur I felt his emotions so deeply as he expressed the peaks and valleys and the real fears, especially feeling responsible for so many people’s livelihoods. Great job and congrats 👏🏼💪🏼
can i ask what you do as an entrepreneur? just curious
This guy is the perfect balance of humble and a good business man! I typically feel indifferent for people who secure deals on the show but with Michael in this one I am VERY happy for him. Seems incredibly genuine with a real product and a real business. Good for him!
@Joey Koo bruh anyone knows it was because of his cousin, and not him who came up with this. What's important was it was him who executed , and make this as an opportunity seeing there's not much competition during his time.
I died when Lori said "and I'm almost a vegetarian"
You died? How did you leave a comment then?
@@otpyg13 maybe its his ghost
@@otpyg13 You must be a blast at party's lmfao
@@otpyg13 take a joke man
@@otpyg13 He said he died, he didnt say he lost his arms that he can't type.
So excited for Pan's. He's well deserving of this one. Met this guy at a Saturday Market in Vancouver WA many years ago.. It's a real grass roots entrepreneur story. I hope he reaches the stars.
Read the reviews on the product. Most people don't like it and the portions are tiny.
@@doctorblue6375 bahahah
Interesting. I know the Saturday market well! Wonder if he still shows up there?
@@doctorblue6375 the review is bimodal, a lot of ppl like it and many don't
@@doctorblue6375 People will shit on anything so I'm not surprised.
Wish this man the best of luck first time I seen someone shed genuine tears on show
That was so awesome to see. Good for Michael! And seeing three of the sharks arguing for him was so awesome; I love seeing that!
Man that's gonna hurt for Lori. Spent most of the time sharing how excited she was and then Mark takes the deal. Even when you don't expect it, Mark is still confident to pull a coup and take any deal from other sharks. My observation so far, watching all the seasons, is whenever Mark loves the product, and even if he stays silent for the whole pitch, he is definitely going to get the deal ultimately.
thats why he is the billionaire
Most of time he goes last and undercuts the rest. Making an offer last has an advantage
everyone wants to work with Mark. If it wasn't for Shark Tank I would only vaguely know who the other people are, but Mark has been at the forefront of culture for years.
it because they chose starback but mark has more chains and retailers etc and said a little connection starbucks in supermarket items goods etc
Yessss
Since Barbara isn't in the episode, it's Daymond who goes out fast.
Barbara: I'm not here today, and for that reason, Daymond's out.
Never saw Damon ever make a deal
Daymond*
@@Thekidsinafrica14 You haven't been watching then.
I hate this guy he's Demon rather
going to go buy some pan's jerky right now!!! so proud of him and his emotions coming through at the end was so touching!!! a story many inspiring entrepreneurs can relate to
Mark Cuban is a such a pure pure honest investor he’s not hiding anything. you got hurt and grow or happy and grow with his feedbacks and advices. I’m happy for Pan wish your business grow successfully
the look on lori’s face when he said it was mushroom jerky omg. She really wanted to be apart of that investment 😂
She shouldn't have gone in with Blake, he would have taken 300K for 15% if that was her original offer
@@rohunsaigal2576 yea but they asked for 30% 300k not 15% 300k
@@mrlebanon6055 yea but if she asked for the 15% alone she would’ve gotten the deal
@@mrlebanon6055 I don't understand when the sharks do that.
When you are two people you gotta double the offer or at least increase it by a reasonable degree.
No way we are going from a 3 mil evaluation to a 1 mil.
Dude had an emotional break down doing his dream. That makes me secure knowing he will do fine. That argument was stressfull but i think he held composure very well
ikr. nobody is talking about it, u can tell he was really thankful
He had a hell of a poker face in the room though.
Lori: "You have to tell us now!" 7:11
Also Lori when Mark says the same thing: "Don't force him on a clock" 8:04
they’ve added teriyaki & curry flavors now as well in case anyone was curious!
I felt this man's pain and overwhelm. Covid took so much from so many business owners. This was a huge win and I almost cried for him. Well done Mushroom Man. 👏
Mushroom man. That’s the cutest name ever
@@marianasousa5631 😂
Do you know the Mushroom Man? lol (muffin man)
Many businesses got the ppp and didn't have to pay back. Plus other benefits that helped them.
@@user-sf9gs2pg1b The Mushroom Man??
This is the first time I’ve watched Lori fight this hard. I like how she didn’t try to hide it like Barbara did xD
Lmao! Best one yet
Well the jerkey was delicious and for that reason barbara is out
He is one of the best entrepreneur on shark tank. wholeheartedness that he brings is reassuring, calm and kind,... I am so happy for him!
I like here how Lori started talking with Blake, making a deal with him in the background and then broke it up just to get into pan's when everything fell apart for her.
Awesome reaction from Blake, like, he knows how the game is played.
Mark doesn't always go in like that. He really wanted the company 😬
No! he really wanted to beat Lori
I know how thay guy felt at the end. Very emotional, watching the beginnings of his dream being fulfilled. Thats a man who has had alot of faith and is working hard for his dream. Mark Cuban asked for 10% less then the other two sharks, yet my man made Cuban go down an additional 2%, what a legend!
so many stores are copying him, i tried 2 or 3 of his "competitors"... they were all dry, flavorless, hard, and nasty as fuck. And yeah, they were "made with mushrooms" but not with love. clearly.
Pans was actually everything that he promised. juicy meaty chewly and flavorful. so what it cost more. so what The stores cant even keep them in stock sometimes when I go in. I've began ordering whole cases, and selling to friends and family, and he even gave me a deal, I probably shouldn't say this, but normally a case costs 80 dollars, plus shipping, he was able to get my price down to 67 dollars, no shipping, and free samples in every box. support this guys business guys. He is doing great things.
"they're made with mushrooms but not love"
Facts 💀
kevin is the goat first he breaks all that confusion from the bickering sharks clears the air lays it out then drops "dont worry, its just the most important decision of your life" 😂😂
Pan don't need two sharks, all he wanted is a good partnership and Mark also being a vegetarian and have a product too with Starbucks is the better choice. Pan knows and did his homework and I believe Mark was his 1st choice anyways.
Is mark vegetarian though? He was eating jerky without knowing it was made from mushrooms
In this case it does make sense
No matter what Lori does it's grocery shoppers who buy this stuff not coffee shop customers
Whole foods is a better deal than Starbucks
@@KingstonKingdom the producers probably told mark beforehand that it wasnt meat. the clip here is edited to 10+mins but the actual thing goes on for 30+mins.
Gotcha
Ya they both were too eager. They would’ve highjacked his business. Mark will probably let him keep his independence
8:40
"Don't worry about it, it is just the most important decision of your life" 😂😂😂
I could never do that level of presentation and negotiations having my bank account in negative. Incredible effort
Mark is brilliant, he liked the guy and offered him a fair deal right from the get go
How heartwarming about his speech at the end i was going to cry with him. He seems very humble and deserving!
Got to love this guy….smart, humble and most of all he doesn’t forget where is his food coming from?❤️🙏❤️🙏❤️🙏
from Malaysia
Me too from Malaysia
@@nicholasjohansan8352 ouh you mean the country that have the "new" cabinet? same here, haha
Great back story.
I hope his cousin receives some compensation though
I love how Kevin always makes sure the business owners understand what the offer is they are being given, and he always gives them space to think and reviews with them the options. He’s an integral part in this show
I would've went with Mark as well. Dude is passionate about this plant-based stuff.
Lori sells and is involved with her partners she also offer a starbucks deal thats a sell and i get 2 sharks to spread my product, thats a garentee multy million dollar right their
@@asm4912 problem is he would straight up lost 30% of the company which is a lot even if he made multi millions. It’s not as game breaking compared to marks deal when mark has pushed products to starbucks as well
@@symbiotezilla12345 30% of the company lost is not much at all scrub daddy asked for 25% of the company and look at him
Mark's savagery is legendary. He basically laid waste to Lori and her partna (partner) after she tried the ole Cuban now or never.
You know Pan wanted Mark from the moment he walked inside the shark tank....I do feel bad for Lori she said 15% which is lower than Mark's offer..LOL 😂😂
But that doesn't make her the best partner, as Mark said, he has done it before (speaking of that type of companies).
Yeah but the thing is that Mark is Grade A investor. He's done it time after time and though Mark wants a relationship with his business, ultimately as an owner you want YOUR business to grow, with some help. And Mark offers that 100%. Lori says its about how close they'll be but it means nothing if there's massive amount of success like Mark says
@@blank7137 LOL did u read what I said?? I said Pan wanted Mark..meaning that's his #1 choice because Mark is a billionaire..and one of the Best..😂😂
@@Fran28. what the hell? I didnt mean to reply to this comment? It was someone saying why they didn't take Loris offer
He still ended up with 15% with Mark...
He was so appreciative at the end of it all. Most just hoot and holler and grin. This deal brought him to tears.
i love how kevin just instigates and pressures the people at times .. hahaha this guy truly has an amazing product though. Mushroom jerky? wow I definitely need a bag of this.
Been getting into watching these lately. Kevin is savagely hilarious and Mark is savagely calculating at snagging deals.
It's always nice when you have the sharks fighting for you. Congrats to Michael!
i love this man, wishing nothing but the best for him
So glad and proud one of my malaysian bruh got up there..!!! 🎉🎉🎉🎉🎉🎉🎉 big clap from me...malaysia bole!!!
From Malaysia 🇲🇾 - proud of you buddy! Make us proud
Yeah, right .
Tapi tak pernah dengar pula mushroom macam ni.
Another potential Msian out there given the opportunity to flourish and ain't coming back. The fact that his dad was from a fishing village. Inspirational.
Barbara: “I am not in this clip, and for these reasons. I’m out.”
A tired joke.
i love it when all the sharks are laughing having fun instead of when O leary gets in it and starts to argue with them😂
This man here is a real entrepreneur. He put his heart into the business. Love it.
"Look at me!" "Look at me!" Lori really wanted that deal 😂
It’s very nice of Kevin to make sure the person understood both offers and alleviated some pressure off of him.
One of the best segments and products shown. Loved it.
When I doubt myself or feel lost while developing my company, I always come back to this video. It lifts my spirits and refuels my passion to keep on goin.
Mark is like a kid... A BILLIONAIRE KID and I am starting to love him.
10:12 I really feel it for Michael Pan, he well deserves his commitment and hard work. I wish him the best and hope to see his products in retail very soon
I swear to God that I am buying this tomorrow on my way to run errands. This may be the product I've been looking for to eat as a protein snack without all the sodium of my usual jerky and sardines.
12 hours later: I did exactly that. This isn't just great jerky, its BETTER than jerky. The texture is softer and easier to chew but still satisfying like jerky. I got the zesty Thai flavor and it is PERFECT sweet and spicy and savory.
Buy this stuff. Its borderline addictive. And I'm a die hard meat lover.
where did you buy this?
Where did you buy it?!
@@tortugaracingchannel4402 I ASKED FIRST
If he had said all 3 sharks at 15% , I still think he could have got the deal, well happy for the guy.
I'm very happy to see people succeed on the show man. Congrats to the guy.
The ending of that, almost cried myself to see Michael cry from satisfaction.
Mr wonderful ftw everytime. I love that he jumps in to make sure the people understand the offers.
probably my most favorite pitch on the show. this guy is so damn likeable and so well-spoken, his product seems awesome too. deserved 100%
You go PAN’s .. totally rooting for your business. Such a humble guy!
Mark knows when to offer, negotiate and win a deal. Gotta to love that !
Man…it’s not often you see someone so emotional and vulnerable in the Tank. I don’t think I’ve ever seen someone cry tears of joy, either.
The fact that this dude didnt try to garner sympathy by crocodile crying in front of the judges shows levels to ones charachter-hope the best.
This is a genius idea. Straight up. Cant wait to try it. Jerky is like a great snack to fill you but most of it is disgusting, this looks like the ultimate upgrade to jerky.
Wow that was intense! What an amazing episode.
This is emblematic. Make this 15 seconds unskippable
You know the product is good when Lori is asking if you want to make a counter to her deal instead of you making the counteroffer first and Mark Cuban is screaming his lungs out after getting the deal.
The dude is wholesome big congrats and i hope he is doing very well already
Yes there’s this mushroom used in many vegetarian outlets here in Malaysia and it’s texture is like meat. Well done!
Where in malaysia?? Nak cuba!!
@@faieziabubakar207 go to Chinese vegetarian shops. Senang cari sana
@@suiloongyong7563 cool..imma check it out
@@suiloongyong7563 always thought those vegetarian food is from soya
Lmao Lori was trying to force a deal then said don’t force him into an offer. And then she left Blake to get the deal lmao. It’s funny how much she wanted the deal, but then failed completely lol.
Mark: “I’m a vegetarian”.
5 minutes before: proceeded to eat the jerky thinking it was meat
true
It literally says mushroom jerky in the logo
He deserves it! Such a a humble guy!
thank you for posting the whole clip Sony
Lori: I'm gonna do what Mark always does
Mark: Does what he always does
Lori: wait that's illegal
Lmao I love how Lori spiraled and totally ditched the other shark when her back was against the wall, brutal
“SoUnDs ExPeNsIvE” lmaooo Kevin is hilarious
Barbara: Since this is vegetarian, healthy, amazingly tasty and has a great future, I am out.
I’m so glad this guy made it off of ancient cultural knowledge that’s close to his heart. True and good story all around
LMFAOOO bro hearing mark just say "we're gonna crush it!" just adds more salt to injury for Lori 🤣😂
Love it when Sharks are willing to negotiate.