Mark Cuban's Parking Ticket Solution | Shark Tank In 5

[@awsumawstun]

Absolutely insane to upload these without even mentioning revenue. Who is editing these?

[@DOC_951]

Update: deal didnt close, company went out of business.

[@mrffbmanagerguy6322]

thanks

[@SmokeDog1871]

Makes sense, it seemed sketch. Was surprised that Mark couldnt see it

[@tyrellcobb4665]

@@SmokeDog1871 Lol. This is from an earlier time when Mark used to automatically salivate like a Pavlovian dog anytime he hears the word 'app' or anything to do with tech. He has learnt his lesson now after nearly losing his shirt with all the crypto investments.

[@klaeLIFE]

​@@tyrellcobb4665he has never nearly lost his shirt

[@tyrellcobb4665]

@@klaeLIFE Well ok one teeny weeny thread off his shirt.

[@rohittantia4020]

I thought he was going to ask for 25%

[@jrdajuiceman754]

Mark said "i'll give you 700k" and the guy still responds with, i need to make sure I have your word and be available for me.... like dude he just offered you the 700k you asked for, those are more than enough words

[@healthadvice3091]

what he meant is that the advisory shares will be focused because sometimes a partnership doesnt always come with focusing on helping your business so he is making sure that mark give them importance in terms of advice and an answer to their questions because mark has a lot of business he is not just a mavericks guy he is a busy guy

[@RobertMatlock]

He literally asked for advisory shares. Learn what that means before commenting bud.

[@skipjumpfly]

This guy did not come for a deal, he was probably just interested in free advertising. You can tell by how reluctant he was to accept Mark’s offer which was so close to what he came in asking for (I mean an additional 2% advisory share c’mon).

[@sravankumar7880]

if you into stock market, you would know how huge is 2%...For example, 2% in apple is 308 million shares.. each share cost 227 dollars.. I know this company is not as big as apple but once when a company goes public, the value of every single percent becomes huge

[@anarabicdp]

Advertising for an app business like his on Shark Tank doesn't make sense. He's for sure thinking about the money he will lose when he sells the company. Especially if he has other investors as well.

[@anovosedlik]

It's tech. The 2% is a big deal because this either totally fails or totally succeeds and makes hundreds of millions. So seed investors would not be happy seeing that someone coming in later would get preferential treatment, no matter who he is. Could dilute them, especially if he has more rounds (which he likely does).

[@airlight7173]

Maybe he didnt come to make a deal with mark and was hoping for chris or kevin?

[@aaronjordan7729]

​@@sravankumar7880this isn't apple lol.

[@Bansheee-p5o]

Mark hates the air that Chris breathes

[@jorgejoelhernandez]

That was a surprisingly reasonable offer from Mark, although he usually is the most reasonable shark.

[@looneytune6062]

He has the most money and don’t have to be greedy.

[@taraja1651]

Really? " Mark usually the most reasonable Shark"? hmm what an interesting but false observation

[@user-yt198]

@@taraja1651 You are wrong

[@taraja1651]

@@user-yt198 I'm absolutely not: I completely and unequivocally reject your observation and I still stand by what I said: "Your observation is interesting but false"

[@user-yt198]

@@taraja1651 Check number of likes.

[@Velkiez_official]

Mr Wonderful's reason is valid. If any government want to come after you, they have soooo many ways. Nobody wins the long drawn out with their government 😂😂😂😂😂😂

[@anovosedlik]

...not really. They lack time and people. Any single time I've fought a parking ticket, I've won.

[@FIGHT101TV]

So u like the government? You love paying taxes and being told what to do? Well you speak for yourself not us

[@devinhalim5194]

You're small fry, this is try di bring it to massive scale​@@anovosedlik

[@GuessTheSongMS]

They said they only win about 20-30% of their appeals, so yeah the govt usually gets theirs. The cost of living in a society I suppose. As someone who has lived abroad, I’m just glad our taxes aren’t at euro levels

[@skipjumpfly]

@@anovosedlik I think they're talking about the government as a body with a lot of scope to implement policies and introduce legislation to stop activities they don't agree with, rather than the individual handling of fines by say a local enforcement officer.

[@Shaddow88664]

Sharks showing their true courage ....this should now be called " the fish tank"

[@cadriver2570]

This is such a carbrain concept. Complain there is not enough parking, or complain that it’s not free. If you can’t read parking signs you shouldn’t be driving.

[@Rodgerball]

San Francisco parking enforcement is indeed a special case. To say that this is a regressive tax is an understatement. Retired SF meter maid lives next door in her 3 million dollar home with her COLA pension and zero deductible lifetime healthcare benefits.

[@Redpill_to_MGTOW]

These videos should end with updates on how the companies are doing now. Each and every one.

[@MatheusLB2009]

There is the "after the tank: let's see what theyre up to now" outro. But for this one, it would be "deal didn't close. Company got blocked from use in certain municipalities like Los Angeles (where this pitch was filmed). Their website is no longer operational"

[@neilchamberlain2731]

I agree been driving 30 years have had 3 parking tickets, and all were my fault.

[@richb1576]

Theres no way Marc closed on that deal

[@austinreeves5221]

he didnt.

[@recoveringpotential8095]

I've gone 35 years of living without a single parking ticket, could never understand why people can't take accountability for being wrong, the signs are not confusing if you can read on a third grade level, glad to hear this over entitled rich guy went out of business. Also, normal everyday guy here, car ownership is not going anywhere, as someone who lives in the real world, people need their vehicles and that ain't changing.

[@tyrellcobb4665]

Well lucky you. There are cities in the United States where it's practically impossible to avoid a ticket. The city intentionally puts contradictory signs or the ticketing agent tickets you anyway even when there is no violation - it is a well known revenue generating tactic. In fact you should always fight your ticket. The government expects that a small percentage of people will (very correctly) fight their tickets and makes allowance for that. The problem is when that small percentage becomes a big flood thanks to apps like this. The reason he went out of business is not because people won't use it, but because the authorities that will normally look the other way will crack down if it becomes too popular and it really starts to hurt their revenue. Like Kevin said, not a good idea to be in the business of taking revenue away from the government, sooner or later they will put you out of business.

[@judelobo1679]

Try this in Boston please. In the city where you pay for 30 mins of parking and get towed after 31 mins despite paying.

[@plinsf]

​@@judelobo1679 waaaaaaaa

[@plinsf]

​@@tyrellcobb4665100% BS. Awful lot of words for "I don't want to read signs and follow guidelines that have a purpose" 🙄🙄🙄🙄

[@Luleph]

In sweden there's an app that explains many parkingspots and tells you if you're allowed to park or not etc

[@harshsinghi1474]

The deal with mark never closed

[@DrawdownTrader]

Wow I did not expect that from mark ! Perhaps I’m watching too many of the old episodes on KZbin 😅

[@fcporto400]

If I’m was mark as soon he asked to many questions I’m out

[@tunahelpa5433]

5% ? I wouldn't have given $700k for less than 51%. That's nuts. But the guy knows how to raise money, and anyway, they do the due diligence after the show, so .... I wouldn't have done it. If i had the money...

[@BearPig]

Ah before Mark was being blackmailed on Twitter

[@angelmatos9143]

Razor sharp episode. 💥

[@DanielGarcia-kv8zx]

This business makes no sense

[@dinobravo6686]

From what I understood there is no financial rate for the customer. What makes it a bad idea?

[@aaronjordan7729]

The fact its out of buisness buddy lol....​@dinobravo6686

[@444fetty]

i got a parking ticket before because i was stuck inside a small venue at a concert. it was in philadelphia, where they definitely make plenty of money & 1) the guy waited till the exact time to give my ticket & 2) it said behind the sign and only like 1/3 of my car was behind it😂 it was supposed to be $120+ but some how, some way i got it down to $30

[@essenice]

2 minutes it …. Bet. will be downloadingggg.

[@tommyj6834]

Not surprised Mark is against government, I am surprised he bought into this horrid business model especially when the entrepreneur seemed so reluctant to even close on such a fair offer. Entire thing felt off to me.

[@BeardedRealm]

If you cant read a parking sign you got bigger problems..

[@konstantinpospelov951]

This guy was hassling Mark. Dude he doesnt invest unless he believes in it. It was annoying to watch.

[@jackie4428]

Peanut butter jelly sandwich, you?

[@brunamannarino]

Pasta with vegetables

[@wolverineiscool7161]

lays chips

[@wsgshane]

turkey and cheese sandwich

[@dylmurph4131]

chicken and oreos

[@Redemption117-b2q]

Beans and corn bread

[@markford5198]

REVENUE AT THE EXPLOITATION OF THE WORKING CLASS

[@handcockalexander72]

Walmart Metairie 11 AM

[@plinsf]

Shame on Mark for buying into this at all

[@kiidsammy5331]

Was that true about Kevin being the number 1 in the world and the government thing?

[@GuessTheSongMS]

Don’t think he said a single word for a full two minutes from 1:53 onwards

[@csrsteel]

Mark Cuban a communist, socialist, pro-censorship, hosting a show based on capitalism....pft

[@daysoff4ever]

YES I agree

[@thevalkyrie8]

Why did he step back when mark approached him to shake hands… weird body language… like he was scared or didn’t like him

[@hugodavidcampos8975]

What happen with this does anyone know

[@chipbuttytime3396]

company went out of business and no investment happened prior to that, according to the comments here

[@Ooofaa-Maa]

Weird all around

[@Onxy1976]

Most idiotic idea ever!! I never got a parking ticket once...and if you get a legitimate parking ticket than just pay it...and his evaluation is absolutely ridiculous!! Plus how do they expect to make alot of money!

[@cynthiakelly8156]

since when has it become "idiotic" to fight a parking ticket or any ticket ??? you say "if you get a legitimate parking ticket" . . . well that's just it . . . they look for mistakes on the ticket that make the ticket Illegitimate !!!

[@ChadGreen-nn4ky]

This is weird