The Sharks Believe Flated Need To Commit Full Time To The Business | Shark Tank US
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- čas přidán 14. 01. 2024
- Ken Hoeve, Monique Keefer & Ryan Guay are seeking $350k for 5% of their business, Flated, that sell inflatable autmotive accesorries
From Season 14 Episode 19
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The Sharks Believe Flated Need To Commit Full Time To The Business | Shark Tank US | Shark Tank Global
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These pitches should have the filming date in the description so the “year-to-date” sales actually have some context.
At this point I just try to memorize their yearly outfits LOL
be happy youre even getting a video for free. God
It is not actually free. We get to the ads in the start and sometimes in the middle. The account gets revenue through google.@@TactileTherapy
@@TactileTherapy cant make suggestions now that improves the quality of the show for free. God
@@TactileTherapy Nothing is free in this world my friend, you do pay the creators by watching CZcams ads
A $7 million valuation with a ''projected'' $600k revenue this year is RIDICULOUS.
and with a buisness with high working capital !
You need a loooot of cash to make the inventory !
1 m max ! since they don t have the history record + they are not inside full time (if they pay themself salaries it will crush the margins )
7:41 Kevin jumps in and starts negotiating on behalf of the royalty even though it wasn't his offer. Just force of habit.
He will negotiate every single royalty on this show in perpetuity.
Team effort from all the sharks to get Daymond that deal
they are on the right track since they are now worth 7 million
Haha spot on valuation
😂 you must be apart of the team because that valuation is nuts
They only went on the show for the ad lmao
no offence but i wonder how they can ?
Their projections are 600k in 2022
Let s say 1.3m in 2023
We are talking about price to sales (cf P/S ratio ) of 5.3
In the stock market LVMH has a P/S of 4.3 with a net margin of 17% and a crazy good balance sheet
Nike got a P/S of 3
These valuation are just hilarious (they struggle with inventory so they won t generate any cash flow since every cent is reinvested in the working capital ...
And we didn t speak of the margins ...
So for me i ll pay a P/S of 2 max since they are not winning money for me now the value will be in the inventory!
So valuation of 1.2m max in 2022
And 2.6m max in 2023
This is fake guys don't believe
It's like the producers remind Damond to groan at the beginning of every pitch lol
Daymon was so quick at answering 😅
I have this air topper on my Jeep Gladiator and it’s been awesome! Love having the opting to use my bed for dirt bikes etc. and the ability to toss it on for camping trips to keep my gear out do the elements and take more stuff ! And you literally can just toss it on and off and not have to worry about storage or paint or asking someone to help with it !
If Mark Cuban says it’s not that bad then it’s a good offer😂
BEST topper on the market, personally have had them on multiple vehicles, these guys and the company are great!!!
Daymon thanks you for your contribution, haha!
This is a great idea. Id never buy a camper top, but love the advantages of them this product answers alot of problems !
They over-valued themselves. That was the issue.
They’re worth above what they were seeking for now 😅
Over valuing only becomes an issue when you walk out without a deal.
@@ibolakersfan Oh really?! What are their numbers now?
Breakfast video here is Seattle
Love how All the sharks are trying to help
Yay! First. Enjoy ur lunch ladies and gents!🎉
Morning coffee.. wouldn't have time during lunch. Lots of time zones going on here!
☕✌️
What are you having for lunch today?
Dangit!
@@JuanRojas956Kevin o Leary’s fish
Mark is right. This is a product you have to "touch" to really understand if it's worth spending the money on. I was in a bind and had to buy this product on a whim and I had no clue what it was going to be like. All said and done this product is great for someone with 2 kids and not a lot of storage space in the home.
I am sure Daymond said yes just for the show ... 😅
People just hate him because he is black and rich 🤑
@@Lion72320 not true. People hate him because of how arrogant he is. he is know is scamming companies he invest in
@@YokoFuongAnhonly second to Mr wonderful
@@Lion72320nah he is arrogant, got no humor and mostly just not an interesting investor. I would not like to partner with him.
@@Lion72320dude’s so arrogantly cringe, can’t stand him
Damion is backing out of that deal. I don't even have to Google it.
Right?
Zero security.. I'll sacrifice the mpg or convenience for security.
I thinks its odd that i have never heard of any of these companies on shark tank but yet they get all these sales
First time ever Damien made an offer when others didn’t lol
Another lunch break episode
That lady needs to be more of a boss. But congratulations to all 3.
I think this is gonna kill!!
I wish we always knew why they chose the funding amount. What they will use the money for is a big part that is always glossed over. In this deal, it sounds like $350k buys this years inventory. I would have structured it very differently.
First Daymon deal I see in 180 episodes haha!! But it's a great one though.
Damon is gonna take over the whole company now
Daymond made an offer?! 😮😮😮😮
Great looking product!
I agree they should be 100% working for there company.
But they have a future for many other products…
There is a future here for this company!
I would invest!
If Daymond was found out to be a scammer the show would be having a serious liability issue for keeping him on the show. Which clearly means that there wasn't sufficient evidence. However, he is not the only Shark on the show that was connected to a "scam" however I never see that brought up against anyone but him.
EXACTLY. People only see what they want to now adays. They don't actually look at things how they should. EVER SINGLE rich investor had been accused of being part of a scam but that doesnt mean he actually was. If he was I'm 1billion% the show wouldn't keep him on tv. Its just that people don't like him because it's him. Which is a joke if your asking me.😂 I've always liked him.
They are smoking crack with those prices for an inflatable toy parts
Kevin probably has a shelby truck or Raptor...maybe Lightning
Bon Apetit everyone!
200k sales it is NOT worth 7 MILLION dollars
How does the topper attach to the pickup bed?
Nice product for pick up trucks
Thank you. The comment section can always get spicy.
what’s everyone eating for lunch?
i’m having some chicken alfredo
Pizza and Popcorn
Your mother
Daymond must be making bank on the royalty’s that’s like over $100 per royalty
Deal didnt close i think
but their sales is really low its like daymond get 3k-5k$/year with that royalty.
I hope she’s pregnant and Daymond’s not just assuming while talking to her belly…
Yes, That is our CFO Monique and was 7 months pregnant and had her baby early on a couple weeks after filming.
@@GETFLATEDnice that she got flated just for tv 😂
She looked disappointed that it was Damon… Think she was coming for a different shark
the product looks amazing, but it seems a bit high to purchase
Softopper is a lightweight truck topper that sells for around $1k and is probably more durable/tougher.
@@buzztrucker We have some pretty compelling durability videos over on our CZcams page.
SO is SUPER EASY much Easier than Easy ?
The other sharks had to withdraw and then sell Daymonds offer, for him to ge a deal...
Do they know this is 2024?
California LLC tax is $800 per fiscal year - not $600.
What's everyone having for lunch?
Mr wonderful special
It’s 2:13a.m. 😢😢
A salad from Publix.
chicken alfredo
@@pipipdj3682go to bed bro
I need Barbara
I feel like after the Bubba’s Boneless Ribs controversy, entrepreneurs are hesitant with Daymond
They should kick daymond out his reputation is ruined for shark tank imo
What happened??
@@theempire00 search Bubba’s Boneless Ribs Daymond scam or something along those lines. There’s a whole interview out there with the owners of Bubba’s outlining how Daymond was dishonest about the partnership. Of course, it’s just their side and I do believe Daymond has come out with a rebuttal. Seems like a messy bad situation.
@@SeoulMan2020 omg 😱
did Kevin do 8% of $1,800 on his head?
Were they a throuple??? Lori never asked how’d the meet each other or about their background😂
🤮
Wow....Damian actually got a deal......
damian?
@@asian1599 Sorry Daymond....
Wow. Damon actually bought something
Have a problem to solve with for for
those three do not exactly inspire confidence to me... yikes. Hopefully they made a point to sit down and write down some management strategy basic rules. Like how they make large decisions. Didn't look like they had that bit put together...
EPISODE 16
How do they keep up with so many investments..it’s insane.
They typically don’t
@@ngweso Just letting the money invested work for them huh ?
@@BlaQSheep I feel like the mega rich ones like Mark just have an employee to remind them when it’s time to promote something one of there shark tank ones but other than that I doubt Mark himself would really do anything
I would never buy that type of product!
Is that Mel Gibson?
Have a million dollar
❤
Enjoying breakfast everyone?
IIt will work
Does anyone know if the deal went through I don't want Damons scammy hands on their bussiness besides Lori presurring them into that deal was totally uncalled for
Turns out shes not pregnant
Mark likes to invest with people that are from Harvard or Stanford because of the connections, Damian gets to invest with bellhops etc…
Enjoy your lunch 🤤🤤
Firstest
The p word really hurts sometimes.. ouch
If you can’t get it
actually first
Flated sounds a little too close to fellated.
We've heard lots of those jokes. But that's Ok, we are a fun bunch!
fiirst
I’m surprised. Daymonds crispy behind never buys anything.
Damian is a scammer, bad deal
Didn’t he royally screwed the bbq guy? 😅
Booo
Daymond just gives me bad vibes literally every time I see him. Anyone else feel the same?
It’s just you.
@@uaintseememaaan8901 Nah it might have something to do with his scams.
Ninth comment
Meaningless comment
Childish comment
Lonely comment
Irrelevant comment
Worthless comment
too many firsts
Am i the only one who noticed how garbage the thumbnail is edited? Lol sheesh bro.
Sidenote: im so interested in what Lori looks like without the makeup , fake eyelashes, and her 5k dollar wig.