Things Take A Turn With Long Wharf Supply Co | Shark Tank US | Shark Tank Global
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- čas přidán 5. 04. 2024
- Lauren & Mike Lamagna are seeking $375k for 15% of their company Long Wharf Supply Co., who produce sustainable fisherman's sweaters made from a soft blend of recycled oyster shells, recycled water bottles, and cotton.
From Season 13 Episode 2
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The Sharks Questions Why Long Wharf Supply Only Has One Owner | Shark Tank US | Shark Tank Global
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I bet he never gave her that 10% either...
There's not 10% to give. It's not a sustainable business, it's a fad. And it will be replaced by something better and affordable really soon.
Lol
Ya, he seems like that type of guy.... alot of talk, but no "walk".
Found her LinkedIn and she stopped working with him in 2021 😅
Guess she never got the 10% 🤣
Linkedin isn't very accurate lol. But i hope so
Wow!!…threw your sister under the bus at the end by claiming she’s the one rejecting the offer…kind of creepy….just saying…
He probably told her, “I’ll give him the 45 if you take that 10 back…” 😂
@@teflondscamakaseriousslingshot *give that 10 back
Thanks for spoilers, CZcams comment preview
@@Legitti literally 99% of this comment section is a spoiler so maybe don't read the comment previews
Of all the words to describe it, not sure how it’s creepy
Wow, I REALLY don't like this guy. He clearly doesn't care about his sister, talked himself out of every deal in the room and then threw her under the bus at the end cause he's too spineless to stand behind his own decision. Seems like a douche.
prob cos he wants her i would
I'm guessing he's paying her a salary and if he put all the money in himself why should she get a portion?..... this is business
The guy couldn't shut his mouth. He should've just let his sister do the talking
Not giving any equity to someone who has been with you since the beginning says a lot about this guy.
He swung and missed with Mark. That hurt to watch. There’s a time to answer the question and close and there’s a time to talk and sell
He definitely missed that one.
You’re so smart
Something so off about this guy. What a sleazy brother, I felt so bad for his sister.
Lol right? Maybe it's bc I'm very close with my sister, but this dude seems a bit sleazy 🤣.
Why do you feel sorry for her?? I'd be willing to bet you he pays her a salary and if he put in all the money(assumption)why should she get equity???
this guy is a walking red flag
Asking for only 10% of the company when she had a great chance to ask for more cuz all the sharks were really supportive towards her, shows how much she cared about her brother and the cause but not the shares of the company.
He seems really worried when they asked HER how much she want to own the company 😂. Even if the idea would be only his but she is putting her time, efforts and expertise in it too. 😌
She deserves it ❤
She most likely didn’t get it
Something tells me the sister would do a MUCH better job managing the business. She should be in charge of the company AND own the majority, if not all, of the company.
The guy is inflexible which is not good for business.
And you figured out all that in 12 minutes huh? What if she is just a pretty face and he's doing all the work behind the scenes?
@@helix9268She doesn't have equity, works on it after her actual job, communicates well, knows the product well, and has an e-comm background. That's what I got in the few minutes I watched. She seems like she would run the business well on her own.
Kevin smells it like it's gonna smell like oysters 😂
That’s what he did, lol
The dude had a super arrogant and shady vibe, the sister seemed MUCH more knowledgeable. It was insane that he threw her under the bus at the end when he put not taking the deal all on her…she needs to stay away from him!!
Only 10% lamb's wool? It is there just to be able to say it has natural lamb's wool.
Depending on the price, it’s not necessarily bad
Have a great lunch everyone!
You still work on weekends?
Dinner time 🍽️🍽️
$125 dollars for a jumper?? Umm mo
I mean people pay thousands for gucci 🤷
I'm prettty sure that deal with the sister was taken back after, that's how greedy he is.
Mark BRILLIANT idea with the T shirts is the way to MILLIONS and for the little sales you have Peter = Global = Millions and he will i am sure to see if you can do the T shirts.
They make fun of him for talking to much. But dude goes on about "boohoo my little 5 year old daughter wants to pick up trash but your product is a no I'm out" 😂😂😂
Difference is daymond is making a point that he and his daughter cares about the mission. You dont keep talking while dodging questions when youre trying to sell your product. Two completely different cases
@@lucky_object nah. They just need to quit adding unneeded nonsense and just say their out
@@jckaz91you do realize this is a TV show right?
@@JamesMcCormack-pn5rn yes I noticed. More a long the lines of an eating lunch show lol... but yes. Just like survivor and ink master and etc.... gotta throw in that "boohoo family this and life story that" to.... annoy people?
i found the guy everybody
I usually don't care about businesses that have to do with causes. But this one I really like, it's our ocean.
Capitalists saying they care about the planet 😂 what a joke!
4:56 lori’s so cute lol she was late on the joke 😂
“the british are coming!!” lmao daymond
I thought Government and the occult technocratic oligarchs were the most difficult environmental challenge of our generation. Phew. Thank god for these sweaters.
“Occult technocratic oligarchs”?? Are you ok ??
@@cubonefan3 Aww a disingenuous question posed from the spirit of mockery. Greetings.
@@dakotajones9709 Teach me how to talk like that.
@@__rmk__9360 Like this. **waves magical hands**
This is a great idea, the sharks should consider the environmental impact of EVERY company they invest in!
Why haven’t you given your sister equity?
“Honestly, we haven’t thought about it”
lol yeah right dude, it’s never crossed her mind that you haven’t given her any part of the company even though she clearly is a big part of it. How delusional can you be?
The answer to helping the ocean isnt filtering it more. It's not putting crap in it to begin with.
You really think so?
It's at least a million times easier for a company to help cleaning the ocean than to stop every country and company from throwing stuff in it.
@@Rapha_YadaFarms well someone doesn't agree, smarty pants. Comment above obviously doesn't. 🙄
The point of the products seems to show that circular economies work and that it very well is possible to manage waste that seems unmanageable.
Oh boy. Most of us consume oysters raw and now knowing we're eating filters. Just like most farm water they also use filter claims.
😩😞
They sell a polo for $98 if you add in shipping and handling and such you're getting a polo shirt for like $115
no one ever accused italians of being bright
45% so with the sister they both get 55% and they can throw the brother under the boss !!!!
Only 10%??
That’s pretty common in most brands
The world : I’m Human
USA people: that south park episode from 23n Me
Glad they are doing something great for water.
Dudes a sociopath
"I care about the oceans and want to help, but I don't want to pay for it and that's why I'm out" - Barbara
"Guess we'll keep it in the family"
He is Italian, I am Italian..
I'm Mr Proprietary haha
You should have taken that deal you just lost MILLIONS by not taking Peter'soffer.
Yea right plenty of shark tank businesses fail.
Spoiler
@@mia31100unknown Don’t read the comments before you watch the clip?
@@tacitus539this comment shows right when i clicked this video , right on top.
@@tacitus539i think yt cycles top comments
Nylon = plastic. This is just another greenwashing brand..
Do the producers of the show not ever try to knock some reality into the valuations before letting people in the tank? Like this was a compelling business doing something innovative but they came in with such an absurd that they never really were going to get a deal. This happens so often in Shark tank where a company comes in and gives themself like a 10x on a company that is worth like a 1.5x at most.
Why should they? It's not the producer's job to tell someone their evaluation is right or wrong. Leave the business criticisms to the sharks
@@C0LDMachine Because it happens so frequently and its a waste of time to listen to the sharks just tell someone that their valuation is insane. I'm not saying force anyone, but just a helpful: "Your valuation is bonkers, the sharks will just rip you apart and you will never get a deal. Maybe watch a few episodes to get an idea..."
@@ryancooper3629 dude, these people who pitch their ideas and businesses on Shark tank probably watched way more episodes than an ordinary person. So they should've known better. and to that point, even if the producers or anyone other than the sharks tells them that their valuation is out of this world, they would probably never listen.
the british r coming . runnnn!!!
Hey. I went to the shark tank to make a deal with my lil sister. 😃
Lori's dress is absolute class ❤
4:50 This owner is a Clown! He would’ve been better off staying at home and letting his sister do the Pitch! ; )
yoo this is lowkey sims music in the back 😭
The issue with this is any blend is a disaster re: cicularity
What he maybe should have done is split the company 3 ways. Bring down his 45% to 33.33% so he doesn't have controlling interest that way everyone is happy! Thoughts????
Guy has that Joel Osteen grifter vibe
They should have taken the deal, it was the highest they were going to go with their talent level. They could have made very good money at least for a few years in partnership.
This guy is dense 😂
🐚❤️
The counter should have been 39%.
daymond spreading fake story then say I'm out 😂
Tbh. Even tho they didn’t make a deal. They both win. She gets 10 and he has 90. And plus the free advice they just got. They just got lucky
Looks like Polo, Tommy Hilfiger, etc etc etc
Bro is a little too smirky.
Let me see the paperwork
Making products from recycled material should be profitable, but over $100 for a sweater isn’t in most people’s budget
Even for people who actively look for products that are better for the environment
Also the “We haven’t even thought about (giving her a share) yet” is a complete lie, if she’s there helping you from the start and she’s a part of your pitch on Shark Tank she should’ve already had a share
Quit saying “we” when you’re the one who owns it all without even considering your sister to be a business partner
Yeah… look. I think the sharks would have pulled out because this guy isn’t respecting and valuing their time. He would be a headache for any of those sharks.
Japan, Korea and Asia.....
Nice brand. Good prices too.
His arrogance will be the reason this company stays stuck in the 1st peg
He's definitely a bad person. I'm sure of it
So the 45% was too much ... but the counter offer was only 25% ??
...
If you really want one of the sharks to work for you and make you something worth millions...
Then give them a big incentive to do it for you.
latest research says degrading microplastics are so small they can penetrate human cells
ONLY 10% 🙄
I think they were the winners in the end. They came out looking good to me, better than the moody sharks. Good luck to them, I think they'll do well.
What?? How were they the winners? They havent accomplished anything from this
@@lucky_object Wrong. They accomplished a lot. Look it up.
@@RedHawk.Sokotra we’re not talking about what happened after shark tank. We’re talking about how they did DURING this episode. Dont move your own goalposts
@@lucky_object Lol, ok genius... you just said "they haven't accomplished anything from this". I'm sure it had something to do with what happened afterwards. Think about it. There's lots to gain just by being on Shark Tank even if you don't get a deal.
@@RedHawk.Sokotra "They came out looking good to me, better than the moody sharks. I think they'll do well." you're clearly talking about this episode so i was responding to how they do on this episode genius. you moving the goalposts again...
every single company has lots to gain by just being on the show, that doesnt mean they're all winners by your logic so why even point that out if it applies to every company who came on the show?
get peter off shark tank
the sister looks exactly like Messi's wife
No, she doesn't.
When the brother grabbed her by head, so cringe.
She's beautiful
He’s an awful negotiator..his sister should be running the company..btw most wont pay 150 for a sweater but a t shirt could fly
"Floored!!" - This guy
🍿🍿🍿🍿🍿
Money talks we can get a financial settlement done with Russia for them to call off all offensives and retreat from Ukrainian territory
Oysters in a shark tank
Whats her @ 😍😍😍
Do they really need to play this constant bad music over everything?
The guy have a massive ego
Dude is all about money, won’t sell a shirt for $30, only $150
Oh and won’t make his sister partner
Sure he cares about the environment 🙄
Blueblood is out of touch
$29 and sell millions of it gold*** The lady showed more skills than him!
awk
He's a snake
Peter is a certified Sipm,
Yes, Billionaires can also be simps,
Why would he ask the guy to give away 10% to his sister...
Something about the British and their taxes...
Jesus is the way, the truth and the life!!🫶✨️✝️
Really nice girl!
This guy wa so painful to listen to ... talks too much
That guy was really annoying.
Don't need the sharks being arrogant for no reason.
He reminds me of those insufferable yacht people this is how they act
British are coming
Don't question why she doesn't have a percentage you don't know their business or relationship.
If she's in the business she deserves a percentage.
He literally proved their point in this clip
@jonah.donohue that's not their business. I'm sure they have people working on their business that don't have a percentage.
Just seeing their body language and observing the brother, you can tell he’s greedy and SHE’S more knowledgeable. She deserves a bigger percentage, even bigger than his.
Well it clearly worked since she walked away with 10% of the company. Also, if Lauren is his sister, is knowledgeable about the business, has worked on the business & is pitching the product with him on the show, then yeah, she should have a percentage
He totally bangs his sister
You're a fkn weirdo. Bet you're from Alabama
@9:34
Daymond thinks giving up 45% means u lose 55% “in a minute”.
It’s no surprise alot of his ‘entrepreneurs’ either don’t finish due diligence or just flat out call him a crook.
Also… Daymond is always concerned aboot teaching people wrong… But never misses a chance to put someone down in an effort to make him look better.
All of shark tank USA is bad, but Daymond is by far the worst. Maybe Barbara… She stinks too.
He meant 45% + the 10% he gave his sister
He was talking about the 10% he gave his sister.
Barbara actually is great! She is selective in her deals and on most of them actually do super well and grow tremendously. She is smart and her interviews are always refreshing and wholesome. The memes are funny but that's about it. Memes.
That’s some family affair
He's a chump, he won't give her the 10%, and he could have had 45% of a huge business if he'd accepted Peters offer, but instead he'll end up with no company and falling out with his lovely Sister.