The Sharks Accuse Monti Kids Owner Of WASTING Money! | Shark Tank US | Shark Tank Global
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- čas přidán 14. 07. 2023
- Zahra Kassam is seeking $200,000 for 2.5% of her Montessori based learning subscription service for children from birth to 3 years old, Monti Kids.
From Season 10 Episode 12
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The Sharks Accuse Monti Kids Owner Of WASTING Money! | Shark Tank US | Shark Tank Global
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She's the type to bankrupt her business and turn to her employees and investors and happily explain that she failed but learned so much and then walk away ok with what she did.
:p
Her company is worth 7 million now. 🙄
@@shahnoormaredia5269 - wrong
Don't forget the ''journey to discover herself'' uahahahah ☕
@@shahnoormaredia5269 Literally closed down last February, what are you talking about LOL
"Monti Kids no longer manufactures or sells toys effective July 31st, 2023." From their website. Robert dodged a bullet.
Are they closed ? or doing something else
Right but why
@@salmanshahriar9821shut down
@@devoff7014lawsuit due to choking hazards with her toys and people weren't buying her products longterm.
@@salmanshahriar9821now, the website only has few blogs and a link to their CZcams channel. Nothing else. It died
I need a compilation of all the times Robert has made an offer, got snubbed and taught the entrepreneur a lesson by yanking the deal.
Nah, this one was different and can't be clubbed into all those. The level of stupidity of Zara was incredible
@@instalocktaka3712You said it best.
I feel like Robert is only there to be ignored by the entrepreneurs. 😂
Robert and Mark are my favorite sharks
Robert is my favorite. He gives them a chance to explain and wants to know the product and business before making an offer.
Surprised she actually got any offers. Her business sounds like a money burning operation.
she actually have a pretty clear target market and direction, which to me shows the amount of clarity that she have. Definitely need some supervision and accountability though. Especially when it comes to execution.
@@akane8615 Those "toys" that she's selling belong in the 1850s. Kids would get more out of a lego set, which would be much cheaper.
Uber was losing $1 billion per quarter. They are still losing money. Maybe they should give up? Uber is worth $100 billion.
@@sharkmun Yeah I'm sure she's building the next Uber (sarcasm)
@@sharkmun Yes they should definitely give up. People have valued Uber at $100 billion, and all those shareholders are suckers who are going to lose their investment when Uber hits zero.
Remember when every investor was saying to invest in Peloton a few years back? Peloton never made a profit and their stock dropped 95%.
These companies aren't worth anything. If you invest in them, in the long run, you will lose your money.
Kevin is definitely the right person to be on this she needs a reality check and Kevin is gonna give her that
Couldn't agree more
Kevin's deal with be the final spike in her death song.
I bet that during the contract signing, Kevin backs out of the deal. She's not the type to listen because she went to "Harvard"
He is going to milk her for all she is worth, that's literally the point of his deals. A perpetual royalty on a business that is hemorrhaging money doesnt sound ideal
@@SmokeDog1871 no doubt she's got history of providing lots of milk.
$200 for some $5 toys and a lesson is crazy thoo lmao
Agreed lmao
Not only that, but she's claiming these toys are for 0-3 years old, yet most of them are far too dangerous for a baby to play with.
@@Not_today369 Yeah like that huge wooden spike one lol
Maybe for the rich.
@@Not_today369to be fair, none of these toys are meant to be played by the baby alone. The parents are supposed to show the baby how to play the toys and basically supervise them. So they would be perfectly fine
For her personality, Kevin’s is probably the best partner 😂
This was a tough one. Her toys are common toys available everywhere with no proprietary restrictions. Her value is the curriculum. I am sad Robert got out, he subscribed into the vision, he would have been the best partner for her.
@@mobtechsolutions1092 she looks so god damn annoying
Kevin knows how to handle crazy bitches
Her company went under in july of '23 and is no longer in business. There was a product recall due to a choking hazard.
@@johnkrull7323WOAH
Are we not going to talk about Damion telling Robert grew up playing with a rat and a boat 😂😂😂
The rat was pretty cool though
and Kevin grew up playing with a wooden nickel 😂😂
You mean Daymond
@@maximumpotential3796 Kevin grew up in an ice cream shop and charged a royalty for 2 scoops
@@rmac3217 and an interest rate for per cup.
She looks like someone who gets angry really easily and shouts. All those smiles are hiding her aggressions.
Flashing those crazy eyes quite a bit too
You wouldn’t say that if she was white
@youthbloom5411 what 😭 her being white or not doesn't change anything. The original commenter said NOTHING about her race or skin color. How do you read the original comment and immediately think that it has something to do with her race?? 💀
@@youthbloom5411 Plenty of crazy white karens out there too
Dumbass comment
She is living in a world where she will never have to worry about money
Yeah, I am really confused by her comment that she “has the ability to get more money if needed”. Which magical money forest does she own, that she can confidently say that she will always be able to get more money if she needs it, and for such a costly company at that!
She was probably a legacy student at Harvard. Her mom or dad went and are rich so Harvard enrolled her over a smarter person of poor origins.
@@Karlach_Says she went summa cum laude so I don’t think qualification is an issue even if she’s a legacy.
My guess is rich mommy and daddy who kicked in a lot to this business, I mean, Harvard isn't cheap. Even with a scholarship. Then she probably met her husband in Harvard who also has rich parents and he himself went on to be a rich lawyer with a huge loan from his parents to start a practice. She probably moved straight from daddy's house, to a sorority house, to her husband's house. She's exactly who her customer would be.
Props to Robert on this one. She should’ve been grateful enough to get ANY offer in the first place after burning through all that money and on top of that she still has the audacity to over negotiate. Robert definitely made the right call and made her realize that beggars can’t be choosers. I think Kevin is definitely the right partner to ensure that she is disciplined and held accountable to pay back any further losses that may occur.
Rightfully so
Its one of those times where you can say whatever happened, happened for the best
Agreed.
Exactly she was being greedy 🙄
I'm so glad Robert put her in her place.
Harvard people need to put in there place
@@elchapojr6219facts 🤙
@@elchapojr6219 “their” place
She is annoying
@@elchapojr6219 Somebody's not getting into any ivy league with that grammar soon hahaha
she’s not someone I would trust. She can flip sides at a blink of an eye.
she would keep negotiating no matter what the deal.such people cant be trusted and usually have no commitment
@@TruthSeekers13 shes muslim.muslims like to cheat
I'm sure you're not broke... @@TruthSeekers13
I didn’t see her blink once.. on something
When she said Robert at 9:59 she had some shifty eyes and grinch smile. I wouldn't trust her either
For all the kids out there, if you went to an ivy league school, doesn't mean you're money smart, business smart, and a great founder. She was the depiction of a reckless harvard-proud who's gonna say that every 10 seconds to deceive people and burn more money. People like her are obsessed with their titles not actually solving problems!
It does mean you've had one of the top postsecondary education in the field though. And that you had lot of opportunity
She mentioned Harvard once in the entire video, watch it again. It’s everyone else that was hyperfixated on the fact she went to Harvard, including you.
How much money do you make annually? Just curious.
Elite universities are mostly places for smart kids to meet rich kids.
Being a business manager requires completely different skills from studying child psychology
When Robert pulled that deal away, that was a reality check
I’m totally support Roberts decision! There is a lot more than what I was. When somebody twisty like this it tells how difficult it could be to work in the future
its a reality tv shown
@@RomanPearce11 Well aren't you smartn.
She has crazy eyes in the end. She was not happy with the deal.
She has had crazy eyes since the beginning
@@reallax7916the thumbnail 💀
Standing there smiling cos she knows she won't be picking up the bill when it goes bust.
When she tried to take Robert's agreed upon deal only AFTER Mark and Daymond pointed out how she was blowing it....and then he backed out! Smart move on his part.
That Harvard mentality....spending millions of other people's money without breaking a sweat. This isn't a Shark investment, this is a turnaround deal. She's a horrible businesswoman. Robert is too partial to a pitch with a woman who bats her eyes at him. But I'm glad he bailed. This woman even said they have more money coming in. She thinks money is a bottomless pit. If this was a guy pitching this, the Sharks would have roasted him.
1:46 watching Lori and Robert giggling to the toys they had with each other was so pure and sweet it actually shows that this show can have some fun and laughs regardless of its business orientated theme
I thought I was the only one that noticed that. That was honestly so adorable for some reason. Lol
She not only does not listen but she burnt over 2.6mil that fast? BREH. You don't even need an economics degree to realize she's a business liability. She went to Harvard? damn what a waste of talent. Hopefully she's doing better now.
Harvard is overrated
She very clearly comes from a family of enormous wealth, with connections to more enormous wealth. That's why she's able to burn so much cash without batting an eye.
@@joynelbonet194ays anyone that can’t attend Harvard
She def got in because of the diversity rules that are no more lol
@@Mitchollow half the people on here come from Harvard lol
This is a girl who has been handed everything to her there is people who really struggle to have a business and wouldn’t be smiling after they lost all that money
Wow you saw that all through the video?!
Being a way too jugdey Karen ginadinaz 🤡
Can't believe there are families out there willing to buy 6 toys for $300 instead of actual groceries 🍇🥦🍞
I 100% agree but to give her some merit did u expect her to cry and shake in her boots while pitching to them
she didn't really lose the money. she created a product, a brand, has a team, systems, revenue, etc. thats not nothing. She just perhaps could achieve all of that while spending less money
Those toys shouldn’t cost 30 dollars to make tbh
Her production costs are absolutely wild
This was Robert at his best.
Harvard grad but not good business decisions.
At her position id offer 8%
She's doing well.
Its only the talk....
Harvard is not what it used to be.
@@davidclot8364 How so?
Perfect example of how education does not equate to intelligence
Theres an inauthenticity about her.
Lol I simply love that Robert backed out, best decision he could've made! I bet you, this company is out of business not because it isn't a good idea, but because she is reckless, an awful!
It's a terrible idea too, I guarantee you if they did a study of the children that used those products vs those that didn't, you wouldn't find any benefit over the course of their lives
Still in business
It’s at 7 million this year
@@basharalmarush7347 I bed still losing money and they are still drawing $167,000 a year salary.
gotta love when people with no business acumen think they know better than the sharks lol
The crazy eyes at the end 💀💀
👁👁 ⬅️ she looked like that
Think Robert was the right person for this deal and he gave an absolutely great offer - he was so passionate about it too - a lesson on 'learn to listen and appreciate' and how not to ruin's ones chances
Harvard does provide good education but sometimes the sheer arrogance which goes with it is not very likeable -- Robert summed up beautifully in the end - RESPECT
Absolutely, being humble to learn is so important
@@SharkTankGlobal fix the audio and the video!!!!
Yup, the fact that he’s going to sit on the board and help you run the company, she may have feared losing control
There's people that sell their homes and eat dirt for years to try and get their businesses going. This person didn't bat an eye at what she lost and was still living comfortably. Real business owners have a fire under them constantly. She had passion but not the fear.
Do they teach in Harvard that 1+1-4 is not 8.000.000...
😂😂😂😂
It’s not her money so she’s more than happy gambling with it. She has nothing to lose per her words “we have access to more money.” She disregards burning 100k a month
That woman is heading for bankruptcy. So much arrogance.
Well she's still doing very well and makes $7million annual sales. Top companies like Lego have also invested
No Lego has not the 7 mill I think ur right but that was 2021 her reviews also not so good 4 out 5 which is usually not top notch but it's good I'll give u that cuz there's tons of suckered out there paying 300 bucks for some blocks lol
Dang, hot pecs though.
@@blackeye3336 Jealous? How much money did your company make last year?
@freshdindumuffins9111 Did you delete your original comment to come back months later and remind me you are in fact jealous? Lmao
How can she need a team of 7 ! An office ?
She's got no concept of efficiency.
Despite burning through money. If I were any of them I would not do a deal simply based on the fact she continues to interrupt everyone
“I went to Harvard, blah blah blah“ and she stands there, hoping her bright face & engaging smile won’t get called out on her incredible mismanagement of money. I wish the sharks would’ve asked her how much she is paying herself from the current investor money.
So what you have are toys available to anybody and her unique selling proposition that differentiates her from become a competition is her instruction manual that is probably sent via email. This one started turning my stomach the minute she started talking and not listening.
These universities need to teach real world scenarios
@@Narrowcros here’s the truth about university professors - them that can do, do. Them that can’t, just teach.
Her company makes 7 million annually now
@@shahnoormaredia5269 good for her, daddy stepped in to help out.
@@shahnoormaredia5269as of July 2023, they stopped manufacturing toys.
Kevin O'Leary read Zahra Kassam beautifully. She is going to bankrupt her business (which is why Kevin called her equity offer "worthless"). So the best thing is to saddle Monti Kids with a massive royalty, make $800,000 from a $200,000 investment, and then watch that company blow up into a billion tiny pieces. This might be a Machiavellian way to do business, but it works.
they're no longer in business, they don't sell toys anymore
She’s just burning through money with no profit
Robert seems like an actual nice person. He has a gentleness about him.
she feels like a Narcissist - the way she talk and the way her eyes opened up
her face when robert says no is so funny and her trying to talk her way out of it and the fake smiles lmao
Barbara: I am not in this video, hence I'm out.
🤣🤣🤣
Successful millionaire and billionaire sharks: "none of us grew up with toys like this and we're fine"
"Smart" Harvard grad who can't manage a nickel: "dOnT yOu WaNt To GiVe YoUr KiDs MoRe?"
She made it work so guess they were wrong.
What are you trying to say. There were geniuses even in ancient times that does not mean new knowlegde is meaningless. What a stupid argument
Many Shark Tank entrepreneurs make the mistake thinking that Robert is "Too Nice" and using an offer from him to get a better one from someone else just to lose his offer later, I think this is the 3rd time I have seen it.!
It's just so telling that all the sharks were SILENT when she made the deal. No congratulations or anything!
Her face at 10:55 when Robert backs out. I liked her at the start, but she didn't seem to value the Sharks at all.
Yeah the sharks definitely sensed that
I sense some twisty anger in those eyes. IDK why, it's just the expression. Her actions didn't feel genuine, but just a facade. If I saw that in person, I'd refuse too.
I´m with Robert 100%! That happens when your are not focused and to greedy...
It doesn't get better than Subway and some Shark Tank
lol scrubway
lmao yessir
both subway & shark tank are/were startups
ya it does ' jimmy johns and shark tank
common AleckT W
she lost 2.6M and she is still smiling
Like a crazy person 😂that too
Looking sad about it won't help her and Won't help anyone.
Probably bought chanel bags with that money
im glad he said no she acts like money and sharks are nothing
She probably comes from a rich background.
She looks like she's not taking this seriously at all.
You think?
This whole thing seems like a bad attempt at a cash grab tbh. She 100% took everything from Montessori and basically reselling it smh. Can’t stand these lazy “entrepreneurs” that think they can put in little to no effort and reap the rewards
Daymonds' comment about the toys that he, Robert, and Kevin grew up with had me literally LOL--especially the look on Kevin's face 😂😂😂😂
I can literally go to Amazon and do all this for the low because I'm an involved parent.
Yes, four kids and always had great toys for my children. But object permency doesn't need a fancy toy. A box is many times preferable. 0 -3 kids learn from watching YOU! She has hijacked Montessori and sounds Cult like with "Mom Ambassadors".
She’s insane and the smile shows that
Daymond claiming that the sharks turned out "okay" was the funniest part of this to me. Yeah, sure you did.
They did turn out ok?
Well they are all pretty damn successful in their chosen fields and on one of the most successful tv shows
@@uberhaxonova sure buddy lmao
@@crykling9682 If the sharks aren't okay, why do they have millions/billions of dollars meanwhile you're here complaining in the comments lol
@@dylanps0560 We aren't talking about money, genius. But, leave it to some dumbshit on CZcams to make it about money!
Robert is right
11:53 Notice how none of the other sharks say “congratulations” on the way out… or at least shark tank didn’t edit it in
Robert dishing out the facts😂 totally agree. Her management of money is really bad.
Mr. Wonderful is the right partner for her! He will make sure to consistently giving her the reality check.
exactly. She is the type that will say to her emplyees and investors after she burn down the company that she learned something new in life...God,she is the type that no one has right arround her but herself.
Actually the brand Melissa and Doug has already been very successful selling Montessori learning toys both online, Amazon, and retail. They are the heavy beater to compare. Their toys are more expensive than regular toys, but have more educational aspects to it. Honestly with our son going to daycare since 2 years old, learning in the classroom setting, and us buying other education toys that are affordable, and just spending more time with him, this service isn’t attractive to us.
In my opinion. These graduates from Harvard and the like are very intelligent in their fields and should be setting the standards of those fields. But they are very out of touch on reality.
There's nothing special about her degree from harvard-she's ripping off another learning system.
All you have to do is go to the toy store and look at the ages on the boxes, and then get off of freak book posting photos of your kids all the time-and play with them for 15 minutes!
I worked in child development assessing kids for delays & disabilities from birth on up
She'll get some moronic Head start programs in private daycares to buy into this crap cuz parents are just too lazy.
They don't have time between their social media and putting TV dinners in the microwave or bringing home that bucket of chicken.
Education does not equal intelligence.
Intelligence does not equal experience.
If you want to be the best you need education intellect and experience.
7:55 you can just really tell right here that she just does not take negative criticism by anybody
Yep the fact that she kept interrupting when they were talking was so annoying
Also, I want to say, for $1200 USD a year, that money should go towards a children educator savings fund. In Canada, we call it RESP. This money would be a life changing and saver for the kids when they are ready to go to college. This would be money wise spend.
"Kevin grew up with a wooden nickel" - OMG that was insane
kevin the best shark, idk why people sleep on him
Lori top Q then
because he is mostly driven by greed.
Especially in the children educational space, that’s how he made the bulk of his money to start investing anyways 👍
It depends on the industry.
His deals are not always the best but he protects himself
Really felt that when Robert went out
I love that the happiest I’ve ever seen the sharks is playing with childrens toys 😂
Most humble and underprivileged Harvard student:
Glad Robert bailed. She would be a nightmare to work with. When she didn’t even get that the “reality check” comment was true advice, ehhhhhh no she is not living in the real world
12:07 she shakes her head “no” while she says “I think it's going be a great deal" 😅🤥🙃
May be she smiling cuz she believes in herself. Company revenue 7mill annually
Moral of this: if you ever do a pitch on Shark Tank or any other show similar to this, and one of the panel says they have an offer, stop talking immediately.
Haha there's definitely a time and place
To me, she seems to be the person who believes can get whatever they want by simply smiling 😅
Usually the sharks say congratulations after an offer is made. Not this time.
What an amazing insight by Robert! He showed so much wisdom with that statement!
2:18 "are you interviewing 2 month olds and asking what they like?" 😂😂😂😂😂
Robert will be so grateful he stepped away from this one... She is completely unable to take direction or read a room
“you need some adult supervision” oof 🔥
Her smile reminds me the ending scene from horror slasher film "Pearl"💀
Why does she keep using that weird inflecting tone when she says "Kevin" or "Robert." She's talking to them like they're children. So glad that Robert pulled back his offer
Lol they're already out of business. Really good on Robert to back out. In fact I feel he was making her a HUGE favour by even offering.
The audio is horrible. Have to raise it but then the ads are super loud. For that reason, I’m out
Because i have decent speakers and ublock im in
Sorry about that!
I was so happy when Robert said no 🙌🏽 bye lady.
I love Kevin! I find myself dying of laughter at least once per episode
Toys like this for the under 3s are everywhere for less than $10.
Seeing how detached from reality the top students of top universities are is just a evidence anyone can do it if they dedicate time towards it.
Robert is so genius and discipline about money
she didn't deserve a deal, makes me think that they only do this stuff for SHOW !!!
Robert was right. You don't behave like a Harvard spoiled brat in front of a shark.
Anyone peep Kevin saying she needs “adult supervision”😂😂
UPDATE:
The company is still in operation and the deal did finalize with Kevin. It appears to be doing well and can still be found online on its website. The company is also listed on Kevin’s website and is included in his Shark Tank portfolio. It appears that recent sales numbers released in 2021 are still at more than $7 million per year.
Oh no! but every credible business mind in this comment section said she’s not gonna do well.
Yeah they stopped selling toys and do online stuff. Her pitch was bullshit.
@@vanillabadboy4469online education, which is pretty much everywhere smh
@@vanillabadboy4469prolly the smart way to go, you can’t be both a toy company and a school it just burns money.
$550,000 turn over in over a year. A McDonalds franchise turns over more than that. And it doesn't cost you £10million. And it'll make profit.
Company actually turned out pretty successful nice to know
That's good to hear!
Great example of book smart not street smart! Learn to stop selling and close the deal along with your flapper!
Let kids be kids! Forcing them into the education system right from age 1 is outrageous! Ah well... money is money isn't it
Good parents are doing this on their own without her crap.
Yah just give them phones or tablets from age 1 and boom 🤯 they have autism
@@amaya618that’s not how autism works genius
@@amaya618 First of all, that's not how autism works. Second, who mentioned phones and tablets?
I agree with you 100%
Kevin's deal is great. For Kevin 😂