Shark Tank US | Kevin Gets Pushed Out Of Simply Good Jars Deal
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- čas přidán 20. 10. 2021
- Jared Cannon is seeking $500k for a 7% stake in his company Simply Good Jars.
From Season 12 Episode 16
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Shark Tank US | Kevin Gets Pushed Out Of Simply Good Jars Deal
/ sptv
Kevin still has the decency to congratulate the guy on his deal even though he was thrown under a bus. Classy guy.
Did Kevin congratulate and apologize to ppl his wife killed
@@davidgray7907 That was his wife's deal, he wasn't in on that. Not even as a silent partner!
@@FungusMossGnosis says u ...u weren't there ur just saying I know alot more than most because I dig up dirt
When??? That part was cut.
Oh yes ,mr Kevin is the best . He has the magnanimity so often visible. a true shark always secure !
They say who's Mr. Wonderful but never how is Mr. Wonderful
I’ll do you one better - Why is Mr. Wonderful? 😂
@@mariathompson9409 lol are you doing like drax ?
@@mariathompson9409 I'll do you one better - Where is Mr. Wonderful?
😂
sit hurt
I feel terrible for Kevin… he really helped this guy get the deals rolling… poor Kevin.
Poor Kevin? hmmmm... OK
@@gennaterra well I didn’t mean financially, I meant at the moment, his little feeling looked a tad bit hurt haha.
He always does that. Kevin rarely actually closes on deals but he, more than any of the others, initiates the bidding when no one else will; like a life preserver being thrown out to the drowning entrepreneur.
@@Reesicup fr he tries to be slick but we all know what he’s doing. Great man trying to put others in a position that they can benefit from.
He’s rich 🤓
This entrepreneur had one of the best put together total presentations I've seen on the show. He stayed in control, he presented clearly, he negotiated like a champ, and he made a great deal. Other entrepreneurs should take notes.
He did Kevin dirty though
But i agree
The deal fell though and still he prevailed and is now profitable making millions.
Amen.
I don’t think he made a great deal. He should’ve tried to get Lori by herself or gone with Kevin. This product isn’t a fit for Mark. Glad the deal fell through
Larq water bottle was crazy too
Kevin looked really hurt at the end there. He really sees the potential in this
He would have been a better investor partner, he's just not as skilled at making deals. He might be the worst of all the sharks at performing the actual deal-making on camera, and it makes me wonder how much of it is show-biz reality show silliness or whether he he really is slow on the uptake on stage.
He's the oldest, so perhaps he gets tired shooting this all day!
Ervg ,
Tfs moo
he made tons from Plated, i’m sure he felt like this could’ve been Plated all over again.
@@LeJunny yeah, exactly
Everyone wants Laurie cause she has a pretty face and is the queen of selling on QVC. That said, Kevin has quite the portfolio of success and is a beast on social media. I’d take Kevin over Laurie because of his passion for business.
To be honest. Kevin straight up saved this guy. He might be harsh most of the times but when he likes something he really does wish good on them despite being left out. Fav Shark.
He ain’t called Mr Wonderful for no reason 😘
used to hate him, but now he's just grown on me so much. He's nice, but blunt, and it comes off as abrasive but he really has their best interest at heart. Such a good guy.
by offering a loan? Ummm nooo
@@Searching4Solace He also has some self-aware humour going on
I love the guy because hes portrayed as a villian bad guy character but hes really a guitar playing hipster XD
I don’t know if he’s changing or if I am, but Kevin is slowly becoming my favorite shark
He's been my fav for a long time. I'd say in the earlier ST seasons he was a bit more of a dick (lol) but he has aspects to him that are very cool, funny and interesting. He's still my fav shark for sure.
@@illselahNah the whole FTX debacles and how he reacted really shows who he is
@@darkithnamgedrf9495 To each his own
Kevin was actually hurt here, he’s always so strong and rough around the edges I actually felt bad watching the deal get swiped from underneath him
If he offered better deals, this wouldn't happen
@@megrocks3026 He offers good deals. In fact, his deals are ALWAYS more valuable to the entrepreneur because he always goes in first, setting a market (interest) for them. You should get thicker skin.
@@spicerc1244 Thats the only thing he's good for. No entrepreneur in his right mind would take a deal of his, unless kevin himself was really valuable to the growth of the business.
@@megrocks3026 I mean, the deal he ended up going with was worse...
@@sirsquiggles1584 how is taking a loan of 500k and repaying it along with interest and giving 7 percent better than getting 500k and giving 7 percent
Mark should just say "I wouldn't be a billionaire..." during every pitch he wants a deal with.
ive been waiting for him to use it lol
Hell is he lying
He can say it as many times he wants to, because he has worked hard, gone through the grind, did the hustle and that's how he reached, where he is.
Average white family becomes Millionaire once in their life at least. There are lot of Millionaires in America but when you get to Billionaire with "B", everything changes.
Chris Sacca mentions Uber in every other sentence he says.
Mark was fine with 500k for 7% for him and Lori. But as soon as the guy said 8%, Mark caught on and immediately countered to 10%. If the guy would've stayed quiet a bit longer, he could've got them both at 7% !! Lesson: if you show signs of weakness, smart people like Mark will pounce all over you !
ya its a mistake but i wouldnt be too upset with myself with 2 sharks and the future of company bright.. 3% isnt a big deal, granted its a bigger deal when you have 51% to start.. he still has 41% tho and between him lori and mark they have 51%
@@DreamsDFSPicks I agree with you, but I believe he is selling (or whatever you call it) 10% of the whole not just from his share. So that means he is only letting go of 5% of what is his. Obviously he would have a clearance from other investors for him to be able to do that. If not he will hold 0% after a few rounds of bringing in capital.(I think)
Actually he didn't know Lori was included.
You're exactly right, thanks for that
Yea I caught that too poor guy slipped up and cost 3 percent
I feel terrible for this guy. Imagine waking up to find your entire life's work has been ruined and it's not even the end of it. I can only imagine the horror he's been through when all his venues closed with his fridges full of rotting produce sitting there. Yet he is still here carrying on forward as if nothing happened. What an inspiration.
8
That's why I (and many millions of people) will never forgive or forget the pro-lockdown scumfvcks.
7@@chazzbranigaan9354
8
Really liked this entrepreneur. Multiple sharks telling him he’s in trouble and had no fear and total confidence in his product. Brilliant idea that can probably be applied to multiple other food products as well.
I KNOW!! I noticed that too
Lori has to be careful calling herself a "lone shark" when offering a deal with interest as that's heading towards "loan shark" territory 😂
Nah. The loan shark is Kevin.
@@mayaparamita2254 right? Mark might as well be a bank
@@mayaparamita2254,
*Damn, you sure are a lil’ CUTIE 😍! May I PLEASE make direct payments towards your college tuition/student loans (Soon-To-Be Dr.) 😩?*
@@mayaparamita2254 loool
@@glowblank17 what?!
6:18 I like how Mark just chills and eats salad, while everyone else is hyper focused
thats the benefit of havin a billion bucks everyone wants to hear from you even if you got nothin to say
The British are more sombre & sober in their deal making compared to USA or Australia shark tank, which resembles a circuis/comedy show
LOL
@@XxXNinjaFanXxX yea I mean he’s by far the richest on the panel, 4.7 billion estimated worth that’s crazy
Lmao, he's always just enjoying the entertainment. The food the games the toys etc
Cuban is just the boss, not sayin anything for 15 min , then opens his mouth and get's the deal in 30 sec while the rest is shaking their head
Well you know it's edited right? The actual pitch lasts about an hour or even more. Mark would've spoken more, we just didn't see it.
Kevin and Lori were the perfect pair for this guy. Kevin worked with Plated through their tough times and got an acquisition deal. Walking in starry eyed about Cuban b/c he's a billionaire was short-sighted, considering he doesn't know this space at all. Kevin gets all the flack for being 'greedy' but in actuality, Lori is the sharkiest... she'll ditch anyone on a dime to get a deal and she still comes out smelling like roses. Haha! She's fun to watch.
Kevin looked defeated at the end - he just shook his dead realizing Lori threw him down the river
he ended up hurting himself rounding up to 8% 😭 cuz then they counter-offered 10%. they were perfectly fine splitting $500k 7% 50/50
Righttt😂...definitely saw a loose string n pulled it.
I noticed that too
Duh nothing is final until they sign papers thou. Both sides may have shaky knees.
I would do Lori last personally.. comes across cheesy sleazy lady to be honest.
@@BM-ht9xk if anybody is sleazy, its kevin...don't be a loser!
This product needs to be in airports and can be served in airplanes ✈️
Best wishes to this businessman!
Right, for $12 to $14. because of the premium taste, which you never get on planes. They would sell out on every flight (limited supply, first come).
@@stvcolwill @Jose Rivera
Plane food tastes bad primarily because of the change in air pressure impacting your taste buds not necessarily due to the food itself.
@@Syeda237 how good can peanut really taste though? 🤣
@@stvcolwill if people are willing to pay $20 for 1gb of wifi that doesn't work half the time, they'll pay $14 for salad
@@stvcolwill it woudlnt cost $12 on a plane. it would probably cost $20-25 on a plane and idgaf ill pay for it that plane food is disgusting
I feel bad for Kevin. Great guy. My favorite shark
As sad as Kevin was, you could tell he held nothing but respect for the guy
Kevin always sets it up, the others knock it out 😂
They rolled over Kevin. I think he's a smart partner, even if I dont always like his terms.
He needs to work on his negotiation and deal closing skills.
@@TankerShell He has great negotiation and deal closing skills. He's gotten an undeserved bad reputation, sure he makes greedy deals but not actually that much more than the others. Not only that but he's the least physically attractive which combined with his bad reputation is a big turn off for people unfortunately.
he's best at assist than scoring the goal for himself 😆
Mark: “I would not be a billionaire if I kept raising money” ATROCIOUS FLEX
and then daymonds face,lmao
@@Ashutosh-wp6kc ... and the hand motion, don't forget the hand motion. 🤣
Kevin's always that shark who hypes up the bidding and helps these entrepreneurs get better deals from the other sharks. He's brilliant and I think just hearing his feedback on how you're doing and where you'll get at is already rewarding.
9:02 I love how he speaks his mind: "that's a mistake" showing he understands what is going on...simply wonderful, no pun intended...
Best example ever as to why they call it the shark tank because Kevin O'Leary just got bit! OMG that was ruthless 🦈🦈🦈🦈🦈😳😳
Kevin understood
czcams.com/video/_C6lNThb2cU/video.html I’d love to know your thoughts on this
I know right! I love this show😂🙌
@@Suziee_Suee It is a good show
czcams.com/video/_C6lNThb2cU/video.html I’d love to know your thoughts on this
@Ellie5621 that’s the whole premise though lol, they’re sharks - all there to make money. If an offer like this presents itself they’re not going to worry that they’re stepping on another investor’s toes to get the deal if it could mean millions for them.
Looks like Kevin can't believe what just happened. Great deal!
He is so mad 😠
10:09 😂
I mean mark was willing to accept just equity instead of a loan.. that's probably huge
I'd be more upset by lori cause that was a bit shady tbh
This presenter is veeeeery good. The way he handles the jar and speaks and the personality- top tier! Glad he got a deal.
I love it when someone comes into the tank and knows their stuff. You can just see the Sharks' eyes light up with excitement.
LMFAO Daymond funny “damn, that’s nice to say. that’s just putting it on the table right there. Here you go, homie”
Lol
***thump***
I literally just saw someone eating from this salad jar a few days ago. Not going to lie, the salad looked pretty damn good up close lol.
There is no way I'd pay $9 to $11 for a mason jar salad. As its loosely packaged enough to literally shake in the jar, you are not getting the full volume of the container. I'll make my own for less than $3 each.
@@emdee7744 I paid $12 for this salad. It was great!
@@emdee7744 You're just not the target demographic then. Some people in the comments here thinking that just because they dislike something that it means this product will universally be disliked...
@@emdee7744 You're the same kind of person that complains about a potato chip bag not being "full". You're buying it by product weight, not volume. And that extra room is necessary so you can mix it with a shake. But I do agree that it's way too expensive for only a salad.
The product isn’t really meant for buying it at grocery store then taking it home and eating it. Primarily for on the go people. Or people in a bind and just need something that isn’t unhealthy yet still filling.
During Covid, I saw a salad in a Jar at my local hospital, alongside a variety of different blends. I personally and honestly can say, the salads taste unbelievable for a Jar product.
This is the one deal that I can say that Kevin may have been better. It really seemed like he knew where to take it and how
Poor Kevin.... he was the more obvious choice as he had experience with Plated and helped get it sold for 300 million dollars.... but as a side note, 10$ for a salad is too expensive. I can get a bag of salad for 4.50 and make my own dressing
Not at a stadium. Mark owns the Mavs Stadium and he can easily sell these for $14 and get 100k sold every week
RIGHT? $9 dude?!
I just mentioned that price point on a different comment and joked for $9/ jar I'll just stay fat. It's fine. 🐽😆
Not at the airport. Good food on a long flight?.. People pay for that.
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@@TomiaMacQueen That's true! Plus it appears they use top tier ingredients. So I guess people WOULD pay $9/jar. I mean, obviously they already are!
Wow, I’d love to see this in our local grocery stores rather than the salad in plastic bags!
except it's super expensive at $9-$11 for only a salad.
@@BornIn1500 uhhh, that's not expensive at all. Here in NYC to go salads in grocery stores with a little protein fo for $11 easy
@@sammylk but that’s New York for you, everything’s expensive in NY
@@hnacs8117 ikr, I hate when people act like NYC or LA is the norm
@@sammylk that's NYC. You think the whole USA is NYC? No, so yeah.
Mark's always the last to speak because he knows Entrepreneurs will wait for him. He's got so many catchy lines like:
"As a Billionaire..."
"As a Major sports franchise owner..."
If Mark EVER makes you an offer. Just take it. And if he is willing to go in on it with another shark, TAKE IT!
Depends on offer
why? Mark would give you very little time most likely. He has a whole portfolio of businesses. You'd likely be dealing with his lackeys.
The only useful thing from these sharks is the networking and future funding, but this guy already had all the relationships.
Oh I love Mark's style in how he does business. He sits back and listens to everybody else and then he comes in and strikes to do. He is smart, he is compassionate and very wise in what's going to work and he knows how to make a deal with entrepreneurs and I just think highly of him as a businessman as well as an entrepreneur!!!!❣️❣️❣️❣️❣️ if I could only pick one shark to go into business with it would definitely be Mark Cuban, EVERYTIME♥️♥️
It’s not about loving someone’s style. It’s you matching your product with the right shark. What that means is, a particular shark may be well versed with a certain niche as compared to another shark. If you actually look at the stats, Lori’s picks have been more profitable than most picks because she usually picks niches that are well aligned with her expertise. Being a billionaire doesn’t necessarily mean you are going to succeed at every business you invest in. You should see the losses that billionaires have incurred over the years in various businesses simply because of the knowledge gap. Nonetheless they deserve their respect.
@@Gauoobin I mean, it's only common sense that a billionaire will incur more losses... precisely because they have more money invested.
A billionaire losing 1% is ofc more than a millionaire losing 1%.
That said I really want to see where you saw the stats where it indicates that Lori's picks have been more profitable.
I want to see whether they were more profitable in *TOTAL* , like out of 10 businesses Lori had more profit or whether as "percentages" more profitable, like 5 out of 10 businesses are up in revenue.
Lori and Mark duo has so many deals my god
you cant fault the guy for what he did in 2020, but without Sharks coming on board to spring board, he would be toast
Yeah, he really needed help but didn't realize it fully.
@@MultiJejje dude was used to being able to rise money. This meant he was not as worried as maybe he should be, about not making a profit. He really needed someone to come in, and help him past that.
Surprised he wasn’t making any profit
@@bilal-ii3et obviously ive only seen this video, so I might have missed some stuff. However those fridges concern me, if he is buying those, that is a large upfront expense. Meanwhile whilst 9 days sounds good, the problem is when he talks about going directly to offices, that means he has a distribution problem. Add on to that, covid, means that alot of that money is now wasted, and he has to figure out a whole new route to market. There is ALOT for the Sharks to do here.
@@ianlister7333 I think he’s only problem was that he wasn’t profitable him already made 6 figures in a short amount of time
Kevin was absolutely right about the strategy! The way the business was structures was to grow fast and that cannot be suddenly changed. They will have to raise more money and eventually go into a buyout!
I like how Mark cut Kevin out of the deal. Kevin's face wrote "where is that coming from ?" hahaha
I like this guy! Great idea, great action, great communication. I’d buy from him because of his values and his ideas.
I have been waiting for so long for mark to flex that he’s richer than that entire panel combined lol
He is for a reason!!!! He's smart!!!
I laughed when mark said he was a billionaire and daymon said must be nice to say that😂
I felt sorry for Kevin. Can’t believe he just got smoked like that. He’s one of the nicest guy on shark tank.
he's at the very least the most honest.
Don't be sorry, paying 500k for 7% of a company that lose 900k per year is probably a losing move. Don't understand why they accept that
Kevin looked so sad 😢😢
He’s top 5 nicest for sure
More like the meanest on shark tank
I would have loved to hear Kevin say "you're dead to me"
This guy went to my university (Temple) and I’m in a entrepreneurship creativity class. My professor was using him as an example for our class, and it’s cool to see that he’s on Shark Tank
You know who else is an alumni of Temple? Dr Ben Goertzel, this man moved to China because of the resources they gave him to push the robotic/AI revolution. I've seen him speak hes definitely an eccentric genius.
@@sassyblumpkin5437 never heard of that person tbh
You can tell that was probably the first time kevin wanted to help someone out for genuine reasons and got stabbed in the back and knew it was just business and he shouldn’t have tried to help at all. It’s tuff man it really is, you never know who it’s okay to help
It's called karma
this guy is incredibly smart and confident. knows it all. good for him.
Man mark knows how to remove Kevin out of the deal very quickly 😂😂
Kevin’s expressions are priceless! 😅
with help of lori and mark simply good jars has increased its sales by 1200% since this episode.kudos to the team
Is it profitable though ?
I'm pretty sure I saw this at the airport!
the deal with sharks never happened, but the sales increases 1200% which is nice
I loved it when Lori Greiner called herself a “Lone Shark”, but at 9% isn’t Kevin the Loan Shark?
Kevin is like that kid of the class who irritates everyone until all other kids stop talking to him and eventually feel bad.
He literally tries to the sharkiest. And then legit so many times like these, he just sits and the other sharks snatch the deals. lol
It's also tv they do things for ratings ppl assume not realizing it's all an act..no one reads clause or hears they only actually do 30 percent of deals made on show
@@davidgray7907 cap
@@faizsaid8286 whatever you say Mark cuban and several other sharks say lots of deals agreed upon don't go thru its easy to look it up yourself than to just say something just to be part of a statement
That was an NFL-level blindside tackle on Kevin.
9:15 SAVAGE. Lmfao. Daymond felt that. 🤣
i love how mark appreciated people. he always does whenever the enterpreneur has done something amazing.
$10 for a 1 serving salad is way too much. Not sure why I would go for this vs other packaged salads.
I was thinking the same thing. But, if it's really THAT good then people will pay it. The jar was a pretty good size. Time will tell.
Smoked salmon isn’t all that cheap. I guess it would depend on how much salmon.
Certainly not something for the grocery store but if placed in areas like office buildings, airports, subway stations then people will pay that for quick on the go meals
Exactly. I can buy a bag of salad for 4.50 and make my own dressing
@@HydrateYoSelf Of course you’re correct. Everything you make yourself is going to be cheaper than if someone else makes it. But that doesn’t stop people from buying sandwiches, burgers, etc. that other people made. Some people are willing to pay extra for the convenience.
Barbra: “i’m not in the episode, i’m out, and for that reason i’m out”
This never gets old.... lmao, and for that reason I'm also out.
@@jordankyte9203 i am just here for barbara comments :p
Mr. Wonderful looks so sad when these things happen, can't help but feel bad.
I feel so bad for Kevin! I really do. First time he's made a reasonable offer and even paired up with Lori at first. Then gets backstabbed in the end...
Mark is always laughing or smiling🤣😁
He's probably high
haha, so would you if you were a billionaire :D
He's getting paid no matter what.
Haha Mr "wonderful" had that look of WTF just happened on his face lol
When Kevin shows interest in a business, everyone else pays attention. His grasp on the workings of different types of businesses is just phenomenal.
Daymonds reaction to Marks statement 😂😂😂
Mark just minding his own business still eating the salad 😂
Kevin always has the most balanced deals where the shark doesn’t get what he really wants and the entrepreneur doesn’t get everything he wants, its a good compromise at least they leave half happy. most people just get scared when they hear debt and interest.
Mark vs Kevin is always a classic
I would be loving to remind people that I’m billionaire Too MARK. 😂😂👍👏👏
Everybody gangster until Mark Cuban drops the B-word
Out of everyone I’d say Kevin is the most harshest but the most nicest he save’s entrepreneurs from not having a deal with someone and also he starts bidding wars for company’s who don’t valuate them self as big yet but he sees the future in it.
10:32 THAT “congratulations…” by Kevin, bro he was crying that he got kicked out of the deal
He should have stuck with Kevin and Lori’s initial deal
Yes. Mark's better at playing the room and being ruthless, but I don't think his track record with fulfilling deals is good. He's full of it, and rich enough to get away with that behavior. Bezos/Musk Mindset.
@@FungusMossGnosis People who come on the show immediately come in waiting Mark as a partner while underestimating the value of what the other sharks bring to the table. It gets annoying
Kevin helped sell Plated for 300$ million dollars.... he was the more obvious choice. Poor Kevin
It's just a salad . A few dried topping, some fresh toppings and salad dressing it has a short shelf life , jars are heavy and too small. What company is going to recycle them if they don't sell it goes into the dump. Logistic weight rotten garbage.
Knowing the sharks backstories baffles me that mark is always the nicest.
Mistake not using Kevin. He took a going bankrupt company and sold it for 340 Million. I get everyone wants a deal with Mark but come on this is MR. Wonderfuls! realm.
At this point, I watch these episodes for Kevin.
8:18 I'm calling bs on Lori, I feel like 90% of her deals are with Mark.
Her " Maaark" has been heard so often
She loves mark
They compliment each other in terms of what they bring to a business so so well to be fair
Daymond really felt mark's flex. 9:15 for the next 15 seconds
Kevin was about to cryy brooo 😂
The hotel I worked at pre-covid had these for the guests. The guests loved them, they were very popular. Ive tried them myself and they are actually really good! Wish him the best of luck.
What a great deal loved it and I feel sorry for my guy Kevin hes my best shark :(
He was smart to get Lori since she is the best in retail. 2 Sharks is just a better deal and to add that a Shark in her field is cherry on top
I literally made salad jars out of Mayo jars everyday as a school lunch back in my obsessive "need to lose weight" days, and this guy turns it into a business... well done.
That "Congratulations" from Kevin really hit hard.
Barbara called to say she’s out
This joke is getting old. For that reason Im out.
facts
Kevin is all heart, I love him!
Surprised he took the 10% equity. Maybe he really IS in trouble (like Damon been saying) but been trying to hide it.
I've been binge watching Dragon's Den and coming back to Shark Tank, and it's wild how theatrical and exuberant most of the pitches on Shark Tank are in comparison. I've noticed they are almost sing-songy in a way by comparison.
You know at the end of the day Kevin has a lot of class What they did was nasty. But he didn’t say a word
Because he knows he would have done the same exact thing to any of them if he could.
its a business deal, its not like they had a deal and the guy backed out of it and went with them instead...which still isn't personal but people would not trust you as much.
I love when Cuban comes in and swipes the deal lol
9:28 LOL there ya go homie 😂😂😂
Lmao 😂
Kevin is always so amazed by everything lol. Once he turns his head slightly and smashes his lips together,he's sold
barbara: it's delicious. for that reason, i'm out.
9:24 - Daymond be like "it's just like putting it on the table"
Mark:" You know what? I like saying it" lol cold stone
I fuggin love this guys personality!!!! He was IN CONTROL!!! Not nervous at all and without being arrogant!
Kevins reaction is priceless...
Love this guy.
Wowza. 500k for 10% was a steal I remember when the sharks sometimes would ask 20% for 200k or less lol.
The way they react when Mark addresses the elephant in the room that he's way richer than the rest of them
No wonder this guy only owns 50% of his OWN company he’s hand equity out like free samples
“I stayed at home today by myself and ate a toaster strudel while watching the wheel of fortune, and for that reason I’m out”- Barbara 2021
10:38 Kevin “he’s dead to me”