Shark Tank US | Will Sunflow Be One Of The Most Successful Businesses On Shark Tank?

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  • čas přidán 26. 08. 2022
  • Leslie Hsu and Greg Besner are seeking $1M for a 6% stake in their company Sunflow.
    From Season 13 Episode 16
    Watch Shark Tank Now: AAN.SonyPictures.com/SharkTankUS
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    About Shark Tank: The Sharks - tough, self-made, multi-millionaire and billionaire tycoons - continue their search to invest in the best businesses and products that America has to offer. The Sharks will once again give people from all walks of life the chance to chase the American dream and potentially secure business deals that could make them millionaires.
    #SharkTank #SharkTankUS #SharkTankAmerica
    Shark Tank US | Will Sunflow Be One Of The Most Successful Businesses On Shark Tank?
    / sptv

Komentáře • 972

  • @LuisKing150
    @LuisKing150 Před rokem +4221

    The lady : my father passed away 2 weeks ago
    Mr wonderful: back to reality, let’s talk numbers

    • @justmedee
      @justmedee Před rokem +258

      Perfect approach. The entire premise of the show is a business pitch "I walk into your house and ask for a million dollars of YOUR money because trust me bro." Entrepreneurs always weaving in some trauma to leverage a deal when at the end of the day it's nothing more than dollars and cents.

    • @1VIPWRX
      @1VIPWRX Před rokem +18

      Money talks

    • @Raven14662
      @Raven14662 Před rokem +106

      "I'll need to take an extra 2% royalty for his death"

    • @FonzyTorres
      @FonzyTorres Před rokem +20

      I knew I’d find a comment about this 😂

    • @Robinson7RR7
      @Robinson7RR7 Před rokem +5

      HAHAHAHHAHAHAHAHHAHA

  • @riccardoesclapon549
    @riccardoesclapon549 Před rokem +3124

    Barbara: "I'd like to buy a dozen"
    Also Barbara: "I don't believe in it, and for that reason I'm out"

    • @mrhumble2937
      @mrhumble2937 Před rokem +57

      Plus what doesn't she believe? The numbers? They'd obviously be checked before any deal is closed.

    • @uw0k
      @uw0k Před rokem +111

      why is barbara still on the show? she has never taken a risk…

    • @peterlyon185
      @peterlyon185 Před rokem +36

      She cannot afford a dozen chairs. Bet she was out of that as well

    • @Pellkot
      @Pellkot Před rokem +37

      Always like this.
      Im out, therefore i am Barbara

    • @makenziestancer146
      @makenziestancer146 Před rokem +3

      When doesn't she say that

  • @DogBread1
    @DogBread1 Před rokem +1160

    I like how Kevin always makes his offers like he is playing a board game or smthng😂😂😂

    • @johannmuster9726
      @johannmuster9726 Před rokem +92

      imagine if he REALLY plays monopoly: " here is my offer son, all road leads to mr. wunderful. so listen. This street is expensive and there is no way you will double your rent in the next 30 minutes, so i make you an offer..."

    • @Lobito-qz9pz
      @Lobito-qz9pz Před rokem +56

      @@johannmuster9726 " ...I will give you Baltic, but I want a 10 dollar royalty for everytime you pass Go in perpetuity. And if you don't take it you're grounded for not being as disciplined an investor as I am"

    • @davidADavis1981
      @davidADavis1981 Před rokem +4

      its called chess

    • @pokemontradingcardgamecoll5934
      @pokemontradingcardgamecoll5934 Před rokem

      *something

    • @geraghtydevin
      @geraghtydevin Před rokem

      💯

  • @ShivamPatel-et4kk
    @ShivamPatel-et4kk Před rokem +3902

    Daniel was so annoying with his offer. It was a terrible offer and he kept pushing it and he kept getting ignored lol it was great to see

    • @smoothasmr8392
      @smoothasmr8392 Před rokem +90

      No. It was a good offer

    • @NR63917
      @NR63917 Před rokem +144

      @@smoothasmr8392 🤣

    • @tonystank_kick
      @tonystank_kick Před rokem +168

      They were so rude to him he told him a story about his dad that she could relate to so

    • @jamesfair9751
      @jamesfair9751 Před rokem +330

      @@tonystank_kick the story about the dads were sad enough true but has nothing to do with business.

    • @jamesfair9751
      @jamesfair9751 Před rokem +195

      He made an offer and asked if they wanted to counter they couldn’t even bother to counter him

  • @allthingstoallmen8912
    @allthingstoallmen8912 Před rokem +573

    I love the way Mark talks business, it's so serious yet so calming.

    • @caitlingill
      @caitlingill Před rokem +7

      He’s like the Simon Cowell of shark tank idc

    • @stevesalt9005
      @stevesalt9005 Před rokem +2

      I know what you mean.
      Even when I disagree with him I agree with him. He validates himself very well.

  • @olivercrespo2329
    @olivercrespo2329 Před rokem +150

    Mark peeking up and cracking a smile as soon as he hears “I want 5 bucks a chair” is hilarious

  • @Rachel-yk7cv
    @Rachel-yk7cv Před rokem +147

    Barbara: “Call me a beach, but I’m out.”

  • @zachrichard8992
    @zachrichard8992 Před rokem +39

    Kevins "ichi-wawa karamba" is the best part of this whole video 🤣🤣

  • @smaswqa4208
    @smaswqa4208 Před rokem +298

    I think they were trying to paint a picture of two very humble and nice entrepreneurs and I think the sharks saw right through it. Also did anyone notice when she was talking about her dad Kevin said oh that's too bad with the most serious, unsympathetic expression ever lol

    • @justmedee
      @justmedee Před rokem +104

      She literally grew up a multi-millionaire and tried to play the angle of humble beginnings. I wonder where their capital, financial safety net and time allocated for them both to work full time in this business came from LOL

    • @topspot4834
      @topspot4834 Před rokem +30

      Agreed. She didn't have to throw that in. She was looking for sympathy and they painted themselves as something they aren't. If we saw this in the edited version (these can take up to 90 minutes in real time) I'm sure the sharks also saw right through it. Kevin realizes he's got plenty of time to do his due diligence before actually writing a check, so he can back sure what they said was legit. IMO their valuation was unreasonable. Just cause a product starts off hot, and will inevitably see a surge in growth after the show, doesn't mean it'll be able to sustain those numbers long term.

    • @janecoe9407
      @janecoe9407 Před rokem

      KEVIN IS ALL ABOUT M ONEY.

    • @skyguy1236
      @skyguy1236 Před 9 měsíci +4

      if you have to point out that you are "humble" you are most likely not humble.

  • @Lommy9999
    @Lommy9999 Před rokem +42

    No arms rests, no head support and pillow, accessories cost extra. They need to lower the cost of producing this.

  • @n7c
    @n7c Před rokem +214

    Them: we are very humble
    Also them: we are going to be the most valuable company in the shark tank

    • @mkhanman12345
      @mkhanman12345 Před rokem

      Did you like the product

    • @Philippe_Gruijthuijzen
      @Philippe_Gruijthuijzen Před rokem +5

      @@mkhanman12345 Yes, I like the product. Easy to copy though.

    • @chazzerayen4615
      @chazzerayen4615 Před rokem +6

      That's not being arrogant its being confident

    • @Philippe_Gruijthuijzen
      @Philippe_Gruijthuijzen Před rokem +15

      @@chazzerayen4615 Arrogant is when you think you are better than others. Confident is that you have trust in yourself.
      If they were confident, they would say:
      We have a great product that will sell millions in the USA and abroad.
      Not (arrogant):
      We are going to be the most valuable company on Shark Tank.
      In short, the last statement is arrogant because you don't know other shark tank performances so you should shut up about it. Keep it to yourself, that is confidence.

    • @tony16991
      @tony16991 Před rokem +1

      @@Philippe_Gruijthuijzen They are selling a product to extract investment. It's not a kitty party. You play your best hand.

  • @kaybmendoza
    @kaybmendoza Před rokem +654

    Barbara never fails to make me laugh 😂

    • @michaeljohndadd545
      @michaeljohndadd545 Před rokem +3

      100th like

    • @AA-jb5cs
      @AA-jb5cs Před rokem +5

      @@michaeljohndadd545 I really like your attitude towards life. I really appreciate people that enjoy the little things.

    • @michaeljohndadd545
      @michaeljohndadd545 Před rokem +3

      @@AA-jb5cs thank you. I hope you're encouraged and inspired that before reaching delusional ambitions, we should go first into the small things before achieving those.

    • @rivalstorm120
      @rivalstorm120 Před rokem +7

      And for that reason, im out

    • @kaybmendoza
      @kaybmendoza Před rokem +1

      @@rivalstorm120 🤣

  • @alanmorocho3962
    @alanmorocho3962 Před rokem +31

    “Yea my father just recently passed away, but he’d be so proud today ”
    Kevin- “that’s crazy. sales.”

  • @williambloor4816
    @williambloor4816 Před rokem +52

    The chairs are 296 now, ever since this aired, just if anyone was curious and wanted to either buy a plane ticket to New York or a beach chair

    • @gotentk4
      @gotentk4 Před rokem

      Rich ppl r dumb

    • @richb1576
      @richb1576 Před měsícem +4

      Ill wait for the chinese knock off that will have all the accessory’s and will sell for 49.99 at odd lots

  • @robduffy8081
    @robduffy8081 Před rokem +734

    I would be interested in how it works after Sand gets into all the moving parts

    • @arresthillary9502
      @arresthillary9502 Před rokem +47

      Yeah it looks great in a dry conditioned space of the studio. Bring me one that is 3years old.
      And what is the warranty liability that Kevin just exposed himself to?

    • @erickhow767
      @erickhow767 Před rokem +26

      More like salt if you use it by the beach always. Metal oxidize twice as fast because of salt.

    • @carolkaram246
      @carolkaram246 Před rokem +29

      They still have to do due diligence and a legal and technical team vet everything before the deal is actually closed …

    • @jbreezy137
      @jbreezy137 Před rokem +5

      That’s what I was thinking !!!!

    • @mulwelimushiana8388
      @mulwelimushiana8388 Před rokem +2

      Yikes

  • @DctrGizmo
    @DctrGizmo Před rokem +70

    There’s no way I’d pay $300 for a beach chair.

    • @george_jordan
      @george_jordan Před rokem +10

      But you're willing to pay $1500 for the latest generation iPhone i suppose.

    • @aboutcars8856
      @aboutcars8856 Před rokem +10

      @@george_jordan my man right there

    • @uddhavramgolam9743
      @uddhavramgolam9743 Před rokem

      ​@@george_jordanlmaoo exactly

    • @TheInsomniarules
      @TheInsomniarules Před rokem +13

      @@george_jordan actually yes, something I will use all day every day for the next 2-3 years until I buy the new model then vs. a chair I’ll use once or twice a week for 3-4 months and keep in the garage for the remainder of the year…

    • @chauphan4074
      @chauphan4074 Před 3 měsíci +2

      This is luxury goods, the Hermes and Dior of beach chairs for sure

  • @TRUNKKS777
    @TRUNKKS777 Před rokem +141

    I love Kevin, he’s actually here to do get into deals and make offers that work for him, sometimes it also works for the entrepreneurs

    • @topspot4834
      @topspot4834 Před rokem +5

      Keep in mind, out of the deals they make, after the show and they do their due diligence, 30-40% of them never go through (according to Mark).

  • @ImakittyLAWL
    @ImakittyLAWL Před rokem +195

    This is honestly a premium product marketed towards the wealthy. But I'm shocked they didn't roast them for looking for exposure. Because that's kind of how i felt they were there for ultimately. Especially with the evaluation of the company.

    • @mrhumble2937
      @mrhumble2937 Před rokem +8

      They shouldn't do that anyway, nothing wrong with taking advantage of a platform for exposure.

    • @captainexcalibur5051
      @captainexcalibur5051 Před rokem +8

      In many ways the Sharks themselves are also using this Show for their own Exposure and Personal Media Motives that go beyond actually caring about investing in random businesses. And we are all entertained watching it.
      Win/Win/Win.
      :)

    • @lawrenceshdow
      @lawrenceshdow Před rokem +4

      They just handed away 5% of their company for almost nothing... With their numbers; a bank would have offered a business loan at low interest and taken no ownership.

    • @nikosniko7092
      @nikosniko7092 Před rokem

      @@lawrenceshdow yea I think it was a trade off for advertisement

    • @misterbobo8139
      @misterbobo8139 Před rokem

      @@lawrenceshdow no they didn’t. They got the best shark

  • @TateCase
    @TateCase Před rokem +118

    i like how the sharks got so amazed by the valuation and forgot to even ask about what is the money gonna go to

    • @DeepSouthBuilder
      @DeepSouthBuilder Před rokem +39

      The actual Shark Tank pitches last several hours. They are edited for tv. I guarantee they asked that question.

    • @viktorevgeniev1012
      @viktorevgeniev1012 Před rokem +1

      @@DeepSouthBuilder Wow really? I didn't know that

    • @LuisKing150
      @LuisKing150 Před rokem +6

      @@viktorevgeniev1012 yes I saw a behind the scenes where they can take up to an hour but they cut it to 10-12 mins average per pitch. One time Cuban said one lasted 2 hours

  • @vladcord9210
    @vladcord9210 Před rokem +50

    As a person from south jersey, the shore culture is such a large aspect of summers in NJ. there are so many people that stay down whole summers or go frequently. 200 for a chair that ur gonna use a ton throughout the years is nothing. especially when many people own homes down the shore.

    • @bbking006
      @bbking006 Před rokem +2

      Why would someone buy a chair for $300 that's made in China by some no-name brand, when I can buy a designer chair for about the same amount that's actually made in Europe/NA?

    • @vladcord9210
      @vladcord9210 Před rokem +3

      @@bbking006 no “designer” beach chair is 300 bucks😂

    • @bbking006
      @bbking006 Před rokem +3

      @@vladcord9210 My Cape outdoor chair isn't exactly a beach chair but its about 1000 bucks CAD. It's on EQ3

  • @tommyls4357
    @tommyls4357 Před rokem +152

    Going through a rut, but watching this while I sip my iced coffee, something clicked in me, and I feel inspired. Thank you. I liked how Kevin pointed the finger and said "Done!". That inspired me for some reason. Thank you Mr O'leary.

    • @LordNextDoor
      @LordNextDoor Před rokem +31

      Thanks for this incredible story. You are very brave

    • @iinntthhuu
      @iinntthhuu Před rokem +9

      Lets get it bro

    • @Ibochic1
      @Ibochic1 Před rokem +4

      Hope you succeed at whatever you put your mind to!

    • @kallekillen2285
      @kallekillen2285 Před rokem +2

      Love the energy. Sometimes the most random things can get us through though times and motivate us to do what needs to be done. Just gotta go with whatever life gives you and make the best of it!

  • @Review-kc6sh
    @Review-kc6sh Před rokem +20

    I love how mark face look when he heard 1million

  • @heythere3780
    @heythere3780 Před rokem +23

    Kevin is one smart guy. The KIND guy was on his rag.

    • @huguesjouffrai9618
      @huguesjouffrai9618 Před rokem +2

      They need to reach about 60m in sales for him to see his money back...
      Not a great deal imo

  • @tonywilliams6492
    @tonywilliams6492 Před rokem +165

    I love when Kevin gets the deal he’s the best

  • @ikhsanramadhan6050
    @ikhsanramadhan6050 Před rokem +49

    On their website, the beach chairs have a 4.8-star rating from 191 reviews. Sunflow makes around $3-4 million in annual revenue and is worth an estimated $16 million.

    • @alex161
      @alex161 Před rokem

      So they JUST reached the 16 million valuation after the deal. Kevin made a dumb move

    • @willyj3321
      @willyj3321 Před rokem +4

      @@alex161 Not really… I’m sure he’s on track to recoup his $1,000,000 through the royalty. After that, he only stands to gain money from his equity in the company.

    • @RadTechAyesha
      @RadTechAyesha Před rokem +5

      Well their deal fell off with kevin after a few weeks and so they found other investors

    • @LtFoodstamp
      @LtFoodstamp Před 5 měsíci

      ​@@willyj3321 With a revenue.of 3.5 million at $200 per chair, Mr
      Wonderful is only making about $80K per year.on his royalties. It will take over 12 years at that rate. Not bad, but not great.

  • @awsumawstun
    @awsumawstun Před rokem +13

    They're still just beach chairs. I'd never pay $200 for one. And $25 for a cupholder is such a rip-off.

  • @algorithme1950
    @algorithme1950 Před rokem +178

    Update: The deal has failed because they raised money from other investors

    • @JazzyMarineVet
      @JazzyMarineVet Před rokem +37

      I was wondering about that. That sounded like a bad bad deal. I give you a million and you pay me back a million? and maybe 2-3 years later we get an exit and Mr Wonderful gets 5% of the company, minus debt, investors.

    • @frozenfire72
      @frozenfire72 Před rokem +12

      @@JazzyMarineVet the difference is when people come here, they are in need of money so that they can scale up the business. A small equity while only repaying the investor their investment is not bad.
      The investor also risks losing the money if the product stops selling like it used to.

    • @thebastardgift
      @thebastardgift Před rokem +1

      Thank you for sharing that information.

    • @JazzyMarineVet
      @JazzyMarineVet Před rokem +5

      @@frozenfire72 these are sharks, not your typical Angel investors or silicon valley investors. The entrepreneurs can expect to pay a premium to be a shark tank product and have Cuban, Lorie, or. Mr wonderful. He usually asks for 3x in his investments, a royalty, and then an equity share. The entrepreneurs got a better deal than Mr wonderful did, in my view

    • @katlis
      @katlis Před rokem +9

      @@JazzyMarineVet Eh, the sharks aren't the holy grail of investors, there are plenty of other big pockets out there that can do the same things as them, or even better if their new investors are in the beach or similar category business.

  • @Alcygray
    @Alcygray Před rokem +22

    I live a few towns over from where they’re from and I’ll tell you… Mark was right for calling them out on being “humble”. They live in 1 of the top 3 richest snobbiest towns in America. When I worked in the shopping mall in that town, it was all people like this. I’m not shocked in the slightest that they priced those average at best chairs for those highway robbery prices. Delusional, out of touch people from a delusional out of touch town in New Jersey.

  • @TileFloorsandMore
    @TileFloorsandMore Před rokem +12

    Barbara: "I'll take 12 right now, for those reasons I'm out"

  • @HarpreetExplores
    @HarpreetExplores Před rokem +8

    Let us establish this
    “I am humble” said no humble person ever.

  • @lorenzop9914
    @lorenzop9914 Před rokem +80

    I don't get how people can pay 200$ dollars and more for a sun chair.
    I mean, understand the sales, brilliant invention.
    But the price cost seemed too high for me.

    • @WinterFrostx
      @WinterFrostx Před rokem +13

      There are a lot of millionaires out there that can afford it, or high middle class. To them the convenience is worth more than $200

    • @l0troyoz
      @l0troyoz Před rokem +6

      And for those reasons, I’m out.

    • @J.8_909
      @J.8_909 Před rokem

      White people pay for anything

    • @olgafigueroa2909
      @olgafigueroa2909 Před rokem

      It is for people who do not have a money concern. They actually love to buy nice tho gs and new gadgets.

    • @nikkimcdonald4562
      @nikkimcdonald4562 Před rokem +3

      @@olgafigueroa2909 some people also love to overpay for items as a flex.

  • @shaheenone279
    @shaheenone279 Před rokem +11

    I have watched Kevin's multiple offers and I think this was the most generous one.

  • @mistercost
    @mistercost Před rokem +170

    That was super risky to nickle and dime a 1%, so many entrepreneurs have lost deals in the shark tank because of that.

    • @myk-popper2960
      @myk-popper2960 Před rokem +23

      1% is worth more to their company than most others that have come on the show because of their existing sales and projected growth.

    • @sh0cktim3
      @sh0cktim3 Před rokem +16

      Kevin knows it was a good deal. No risk to his money and he gets 5% equity in a company that will be worth 100 Million+. Easy 5 million dollar return on his money.

    • @WinterFrostx
      @WinterFrostx Před rokem +3

      Even at the 4% it was a GREAT deal and Kevin knew it, and to get another 1% is even better.
      Kevin has ZERO risk on his money, the company is already profitable, is seeing zero signs of failure (yet), and he gets a now 5% exit at a possible $5+ million dollar return

    • @mrhumble2937
      @mrhumble2937 Před rokem +2

      I think they knew they didn't really need a deal, we're making millions just for being on the show.

    • @MonicaHolly143
      @MonicaHolly143 Před rokem +1

      Its bot risky at all kevin already knows he's not gonna waste his money since its a royalty deal

  • @DOXO881
    @DOXO881 Před rokem +19

    Woman: My dad passed away a week ago
    Kevin: That's too bad... Back to our reality here, let's talk sales

    • @TheProphegy
      @TheProphegy Před rokem +1

      “Well he’s gone just like me if you don’t accept my deal.”

  • @noelcontreras9909
    @noelcontreras9909 Před rokem +30

    I actually really like this product… but I’m broke lol

  • @EdCNJ
    @EdCNJ Před rokem +72

    Love the functionality, I mean everyone can agree that beach chairs can be cumbersome at times. The price is a bit steep, I can see the price of this chair going down particularly if they expect to expand into loungers and/or a bigger beach chair. I'm very interested in the product but not at that price point.

    • @superEriccui
      @superEriccui Před rokem +8

      “A bit steep” you are out of your mind. The price is the definition of insanity. Besides that the fact that you are even interested in this product Is crazy. You realize that it’s literally just a foldable beach chair that you can attach some stuff too. Put your money some where more important. Please.

    • @Ibochic1
      @Ibochic1 Před rokem +5

      @@superEriccui lol. Never understood people who got rattled about what others choose to spend THEIR money on. 🤦🏼‍♀️

    • @mockingbird9646
      @mockingbird9646 Před rokem

      And so for that reason you are out. Thanks barb.

  • @camzula86
    @camzula86 Před rokem +8

    Imagine when you get sand in between those racheting/locking parts.

  • @chrisb.ramirez1080
    @chrisb.ramirez1080 Před rokem +1

    these ppl always get their valuation stoopid high, and a humble person does not say he's humble

  • @harm8720
    @harm8720 Před rokem +7

    Barbara: I haven't bought a beach house yet and for that reason i'm out.

  • @HoneyBadgarDontGive
    @HoneyBadgarDontGive Před rokem +4

    KEVIN IS TOOOOOOO FUNNY😭😭😭😂😂😂 “sorry to hear that…that’s too bad. Back to our reality here”. Dude doesn’t care😂😂😭😭😭 gimme the royalties is all he’s thinking

  • @pcspictures312
    @pcspictures312 Před rokem +50

    They didn’t get the $1 million from Kevin, but they raised $3.5 million in an investment round led by Great Oaks Venture Capital and FOD Capital. Sunflow makes around $3-4 million in annual revenue and is worth an estimated $16 million.

    • @lorina13d79
      @lorina13d79 Před rokem +2

      That was basically the same numbers on the show. So whats new? They said 10 mil revenue for next year.

    • @greatarabia8091
      @greatarabia8091 Před rokem +1

      I don't get it. Why is it estimated to be worth 16 million when it's revenue is only 3-4 million?
      I thought it's supposed to be something like 4 times the net profit.

    • @w2w112
      @w2w112 Před rokem +1

      @@greatarabia8091 3-4Million annually.. maybe the business is about 5-7yrs old

    • @SmokeDog1871
      @SmokeDog1871 Před 10 měsíci

      @@greatarabia8091 Valuation is an imaginary number most of the time

  • @harryp3804
    @harryp3804 Před rokem +2

    This is a new brand of passive agreevise humbleness ive seen 🤣

  • @arlowish
    @arlowish Před rokem +41

    Mr. Wonderful always has the best offers, he usually stays very money motivated and his deals always holds true to invest in possible ideas, but always making sure investment will pay off.

  • @brandonyo5718
    @brandonyo5718 Před rokem +7

    It blows me away how some of these companies think the shows exposure will help them. The only exposure they got was exposing the margins which makes me not want to buy it I mean chair should be $150 max and accessories 80 percent margins cost them $5 sells it for $25 is bs accessories should be $15 max

  • @almasyad228
    @almasyad228 Před rokem +7

    The idea is actually great, I've had it before, same concept!

  • @VarsshaC
    @VarsshaC Před rokem +10

    Mark is looking great. Healthy. Younger skin. Last year he was looking old.. Had old people's skin.. Was Looking a lot older than his age..

    • @ThomasG_Nikolaj
      @ThomasG_Nikolaj Před rokem +1

      Wonder what changed? Is he still vegetarian? Maybe he started eating meat again or something. Usually vegetarians and vegans look terrible for their age

  • @hereweare9011
    @hereweare9011 Před rokem +5

    Barbara: I left my grandson at the beach, so for that reason, I'm out.

  • @derekderek2570
    @derekderek2570 Před rokem +5

    Barb: I’ll take 12 of them!
    Lady: Great, that’ll be $17689….

  • @wolfura
    @wolfura Před rokem +9

    I always love it when he says 'And to what does this lead you, back to Mr. Wonderful.'

  • @nickinportland
    @nickinportland Před rokem

    My grandparents fled from Trinidad in the 60s during the revolution. Am I allowed to bring this up at any job interview to tug at heart strings.

  • @dapperasian7720
    @dapperasian7720 Před rokem +2

    Mark allyooped that deal for Kevin. Touché

  • @KA-eu9sy
    @KA-eu9sy Před rokem +11

    Wow! Good for them and Kevin. I'd wish the couple let us know what their previous education and career back ground is?
    Her Dad would be so proud of her. 2nd generation entrepreneur!

  • @ELLE-yg6lk
    @ELLE-yg6lk Před rokem +7

    $200+ for a beach chair?! What about big families? Amazon can easily start selling dupes for $40 max.

    • @uddhavramgolam9743
      @uddhavramgolam9743 Před rokem

      The chair is high quality the cost is 76 dollars and those Amazon chaid cost like 12 dollars 😂😂😂😂😂

  • @hilairejoseph3345
    @hilairejoseph3345 Před 16 dny

    I love Mark. He always congratulates the entrepreneurs

  • @arjundureja
    @arjundureja Před rokem +9

    The chairs the sharks are sitting in costs $6500 each :)

  • @Aevilbeast
    @Aevilbeast Před rokem +14

    Whoa, Mark was right! Kevin got a pretty amazing deal. I don't understand why the other sharks thought it wasn't... They came in asking for $1 million for 6% and he got them to give 5% for a million but...is basically guaranteed to get his money back WAY faster, most likely within the first year or two. All that just for 1% less than what they offered. Who wouldn't take them up on that deal? It takes a big part of the risk of investing away.
    (That is, of course, relies upon their numbers being legit and that aren't fudging the numbers somehow. But like with every deal, it isn't completed until they do their due diligence and make sure everything is on the up-and-up. So really the risk of making such a deal is negligible for either party.)

    • @jordansadler8608
      @jordansadler8608 Před rokem +1

      I mean they have to sell 200k chairs for his money to be returned which is $40m in chair revenue. It absolutely wouldn’t be a return in 1 year. Take at least 4 you’d think assuming they scale well.

    • @lijahboy1728
      @lijahboy1728 Před rokem +1

      They have to sell 200,000 chairs for him to get his money back. They have sold 11000 so far, no guarantee they can sell another 189,000 at that price. Deal will never close as it will take years to reach the 200k chairs sold and they plan on diversifying and he gets no royalty on other products

    • @lawrenceshdow
      @lawrenceshdow Před rokem

      @@lijahboy1728 I think they'll adjust the deal to include royalties on accessories. In which case he may have a great deal on his hands.
      Remember when people thought yeti was a terrible business plan because no one would buy a 400 dollar cooler??

  • @Dev_599
    @Dev_599 Před rokem +47

    I thought the counter asking for a reduction by 1% was quite risky.

    • @spicerc1244
      @spicerc1244 Před rokem +2

      Yup it was literally lower than what they were originally asking. And Kevin isn't guaranteed anymore than what he put it in. I'm glad the deal fell through after the show aired.

    • @Dev_599
      @Dev_599 Před rokem

      @@spicerc1244 Oh god! It fell through?

  • @VarsshaC
    @VarsshaC Před rokem +4

    I love Mark's smile.

  • @Batkana_
    @Batkana_ Před rokem +2

    "my dad died"
    Kevin: let's talk about sales

  • @0kaznuan999
    @0kaznuan999 Před rokem +3

    It's always nice to see Mr wonderful get a deal done

  • @ozlopez652
    @ozlopez652 Před rokem +4

    so.......no one is gonna talk about how $200 for a beach chair is ridiculous?

  • @Jake-jv9ff
    @Jake-jv9ff Před rokem +1

    Phenomenal product, presentation, and deal haha love to see it

  • @ingrid8994
    @ingrid8994 Před rokem +1

    Barbara:I don’t like the sand on the beach, and for that reason I’m out. 😂 🏖

  • @mesbahulhoda9539
    @mesbahulhoda9539 Před rokem +3

    Am I the only one that have never seen any of the Shark Tank products in the stores?

  • @angelwatzka
    @angelwatzka Před rokem +5

    It would be a great product if they can lower the cost. This is no different than having the newest shoes, purse, etc. IF it holds up to wearing.

  • @LordNextDoor
    @LordNextDoor Před rokem +508

    Woman : my father died
    Mr wonderful : let’s talk about numbers

    • @LordNextDoor
      @LordNextDoor Před rokem +25

      Barbara : I’m Barbara and for that reason I’m out
      Cuban : congratulations guys
      Keep it going 😅

    • @gaganbachhal
      @gaganbachhal Před rokem +11

      Lori: I cannot relate to it personally

    • @zedlles1973
      @zedlles1973 Před rokem +13

      Daniel: My parents went through the same thing, and I can relate to you emotionally and for that reason, I'm out.

    • @kash24ny
      @kash24ny Před rokem +1

      Barbara: Your numbers blow me away. For that reason I'm Out

    • @blehhhhh655
      @blehhhhh655 Před rokem +4

      Robert: It's just too early for me guys. And for that reason, I'm out.

  • @SleepyProductions03
    @SleepyProductions03 Před rokem +1

    Her my dad died Kevin “back to reality here”😂😂

    • @maryfa7985
      @maryfa7985 Před rokem

      I read this right when he said it and I'm DYING🤣🤣🤣way to kill the moment

  • @skynet251
    @skynet251 Před rokem

    Love when Mr. Wonderful says " ahiii caramba".

  • @jbreezy137
    @jbreezy137 Před rokem +3

    I’ve lived at the beach my whole life and would never spend +$100 on a beach chair.

  • @NightmaresBTW
    @NightmaresBTW Před rokem +3

    I’ve literally never seen Barbara invest in anything ever since I’ve started watched Shark Tank.

  • @sramdeojohn4428
    @sramdeojohn4428 Před rokem +2

    Love Mr Wonderful stare. ❤️✌️
    Always can't wait to hear Mr Wonderful. 😊
    Two good people together is a plus.
    Mark is very astute, 💙✌️

  • @AzharUddin-ob7vb
    @AzharUddin-ob7vb Před rokem +2

    Men - I am seeking $1M for 4% equity
    Kevin - comeback to reality,

  • @Fgeurtni
    @Fgeurtni Před rokem +9

    A humble person never says they are humble.

    • @Mint-kj9kw
      @Mint-kj9kw Před rokem +4

      That's not true. False humility is actually a sign of pride. Moses (in Numbers 12:3) called himself the most humble man on the planet.

  • @zodspeed
    @zodspeed Před rokem +3

    Daniel really felt disrespected after he disrespected them with that offer 😂

  • @invincible7463
    @invincible7463 Před rokem

    I bought a chair like this about 15 years ago. It wasn’t beach chair but same sun cover built in for $39

  • @thehungrybazaar
    @thehungrybazaar Před rokem +1

    Mr. Wonderful really stands to his Tag

  • @dineshrabari7386
    @dineshrabari7386 Před rokem +3

    Barbara: Well I like to burn in the sun so for that reason I'm out 💀

  • @londonlife7882
    @londonlife7882 Před rokem +4

    My whole vacation costs 250$ 😂😂😂 I’ve always wondered who are these people that spend their money for that kind of stuff?? I mean you can buy a chair for $10 or so.. Cmon..

  • @lightsaber7863
    @lightsaber7863 Před rokem +1

    wow! i cant believe they got that deal, kevins deal for 2m recouped was already an incredible deal but for 1m and only 5% equity for ever and only $5 for a short time until recouped on a $199 product and an exceptional shark not just some random investor is an amazing deal for these entrepreneurs.

  • @buzztrucker
    @buzztrucker Před rokem +2

    Considering 60% of their chairs sell with those accessories with good margins I think a royalty deal is better for them and they give up less equity and what I think is a pretty good product.

  • @alexortiz3236
    @alexortiz3236 Před rokem +4

    I think this would be awesome if it was $99, and then charge for the accessories

  • @KantoCacho
    @KantoCacho Před rokem +15

    4:00
    Entrepreneur: My father died a little over a week ago
    Mr. Wonderful: sorry to hear that... THAT'S TOO BAD

    • @joshualee4209
      @joshualee4209 Před rokem +3

      "Thats too bad, back to reality. Lets talk about these numbers here"

    • @wittenberg5
      @wittenberg5 Před rokem

      What do you guys want him to do. Nothing he can say to bring her father back.. They are strangers asking for a million dollars, we all have sadness in our lives but if you ask for a million the investor needs to see how they will get it back.

    • @joshualee4209
      @joshualee4209 Před rokem +1

      @@wittenberg5 I’m not saying he was wrong lol it was just funny

  • @npincusroth
    @npincusroth Před rokem

    mark’s gray hair is so welcomed!!

  • @dannystacks4109
    @dannystacks4109 Před rokem +1

    2:42 ICHY WAWA KARRrAMBA 😂😂😂
    BY MR WONDERFUL
    😂😂😂

  • @jaimhaas5170
    @jaimhaas5170 Před rokem +5

    Can we get through one pitch without crying or bringing up death and destruction?

  • @random_fixes3229
    @random_fixes3229 Před rokem +6

    Barbara is like a prop in this show. Just part of the set

  • @firstlast1947
    @firstlast1947 Před rokem +1

    My manager lives in Short Hills. She owns 10 houses all over the country. The CEO of the company I work for also lives in Short Hills. You have to be rich to live there. There are LOTS of rich people who would easily pay hundreds of dollars for a great beach chair and accessories.

  • @BitsAndPiecesContent
    @BitsAndPiecesContent Před rokem

    What an offer structuring brain Kevin has! Brilliant

  • @wantupaizr9009
    @wantupaizr9009 Před rokem +9

    The Sunflow chair is an all-in-one beach gear that takes care of this problem. The couple Leslie Hsu and Greg Besner made the product, and they got a deal with Kevin O'Leary on Shark Tank. As of 2022, Sunflow is worth $16 million

  • @oliverdepauwgerlings6084
    @oliverdepauwgerlings6084 Před rokem +18

    This is a cool idea and needs to grow!

  • @seismictoss8717
    @seismictoss8717 Před rokem +1

    I paid 10 for mine had it for 5 years now still working fine

  • @griesrt
    @griesrt Před 5 měsíci

    Kevin: "Sorry to hear that...hmmm...OK BACK TO REALITY!"

  • @Frederico.Huguenin
    @Frederico.Huguenin Před rokem +5

    That’s an expensive chair 💀

  • @alcidesgonzalez9855
    @alcidesgonzalez9855 Před rokem +6

    Seeing what happened after the show Kevin did not continue with the deal and even so the company grew well, something that I think he must have regretted, I would say.

  • @adamrandles4055
    @adamrandles4055 Před rokem +2

    Behind every shark tank pitch is a recently deceased immigrant parent

  • @nahilflores7562
    @nahilflores7562 Před rokem

    I wish I could chair that confidence with you- classic Barbara

  • @reviewsjustcuz1437
    @reviewsjustcuz1437 Před rokem +3

    As of 2022, Sunflow is worth $16 million

  • @MyNameIsNotEmail.ItsEmail

    Kevin is getting soft. That's one of the fairest deals I've seen him make.

    • @mrhumble2937
      @mrhumble2937 Před rokem +3

      Great for him. 0 risk, just from the episode he will make his money back.

  • @tutinn_
    @tutinn_ Před rokem

    I’m sure as time goes on by the end of this year that chair is going to drop in price due to Kevin being able to find the some way or removing the cost to make while still keeping the original quality. Good deal.

  • @AryanMahipal
    @AryanMahipal Před rokem +1

    "I know my dad is watching right now "
    Well said lady