Entrepreneur Receives Four VERY Different Offers | Shark Tank AUS

[@thedarkgamertdg2234]

I liked the guy who tried to help him through the deal, he was out but he still tried to explain the deals to him

[@charlienorman1314]

I met him in person and he is a really upfront genuine guy

[@HeroHondenbrok010]

Charlie Norman where?

[@HeroHondenbrok010]

Charlie Norman sounds cool! I believe you he seems very genuine

[@saturrnzz]

He does that for everyone lol

[@eecak1973]

Steve. Where are you from?.......Nice!

[@huntergcarswell]

" You're negotiating. I like that. No." I'm dead.

[@dylannewnham8522]

Was about to comment the same thing 😂

[@rafaelrondon63]

He handled it perfectly though. Accepted the response.. then comes back and gives them the same exact offer they said No too. He stuck to his ground because he knows his worth. The sharks know it and respect it.

[@dicksonmatogo7967]

😂😂

[@henrycook859]

@@rafaelrondon63 I'm pretty sure he gave them 5% more equity then they said no to.

[@TeemoForLife]

funniest shit hahahahahahah

[@SkaterBlades]

"Twenty three years ago i came up with this idea, it's in this briefcase, it's going to blow the sharks away" is it a bomb?

[@rangerunitnumber4788]

aahahahahahha

[@doncarvalo3691]

Allaho snackbar. Takbeer

[@jvhousing5576]

Lol

[@randellcollins8306]

Lol

[@matthewm9240]

My name is akhmed btw.

[@mykenzielarson3530]

The anxiety this guy must’ve been feeling. Props to him for negotiating well under pressure instead of just giving away 50 %

[@julesmpc1314]

he has asperger for sure

[@yourfitnessbff7515]

Mykenzie Larson yeah for sure!!

[@casimichaela5128]

yesss

[@joewatson6686]

Bullshit don't make assumptions

[@Peculiar2]

@@joewatson6686 bullshit don't make assumptions

[@jasonjackson5696]

Barbara phoned in from the US & said *_”I’m out”_*

[@vishalg90]

😂😂😂😂😂

[@josephfrings8417]

Not as quickly as Jenny did

[@souravsn4771]

😂😂

[@badnewsjim]

Hahhahahahahhahha

[@eritzy8949]

Lmaooooo

[@prb16]

The investers in this show are so down to earth and not insecure.

[@arefxp]

I love engineers & innovators. These are the people who change the world. Clearly, this guy is not a business person, still, he holds his ground under a lot of pressure. My heart & blessing goes to him.

[@28russ]

He did well considering they didn't ask any of the important questions like battery life and travel distance etc

[@chriss790]

Indeed. I'm not in Australia so I don't know some things that are country specific, but I can think of several things off the top of my head. a) How does it get over kerbs? Do you need to step off the board every time? b) Do you have to use a cycle track? Surely there's a safety thing on 35 km/h vehicle on regular sidewalks c) How does it deal with gradient? Isn't travelling uphill somewhat of a nuisance on this?

[@28russ]

@@chriss790 If it was more like a normal skateboard I'd just sorta ollie/ bump ollie roll up the kerb or gutter as we call em in Aus.....Not sure this thing would handle that kind of abuse though but we're pretty good for bike paths here so there prob wouldn't be too many gutters ya had to get off for......And as far as I know I don't think there's any regulations in Aus when it comes to things like electric skateboards...Only if it's got a petrol motor over 50cc....And some electric boards do alright up hill....Others not so much......Just depends on how powerful it is I suppose...Doubt I'd never buy one as I'd want one more like a standard skateboard..... But I'd be curious to try one :-)

[@karenlm9062]

Also what is the weight limit and how long it takes to charge up. The product line is missing a few accessories (helmet, wrist guards, back-pack, back up battery, warranty/repair option).

[@faithfulgamerboy729]

And how heavy it is as I said why couldn't it be a backpack too all you need is 2 straps 4 pins and have spare batteries for longer distances

[@brodan5647]

A lot of what’s asked is off camera and that might have been one of the questions asked without being put in to the show, I feel like that’s something they couldn’t have missed over

[@syberphish]

That was some expert negotiation on his part, very nicely played. And no attitude, no major personality issues, he's not a jerk, he's incredibly intelligent. I love how he was just standing there crunching numbers and working them over.

[@sanketkumar8040]

He could have easily fetch 40k-60k more

[@mojojojo8954]

This is not shark tank this is dolphin tank

[@tylerj6016]

Sharks don't like dolphins

[@GolD3enAg3e]

@@tylerj6016 mate

[@tylerj6016]

@@GolD3enAg3e if you see dolphins that means there aren't sharks. They act as a deterrent

[@eal04]

More like Nemo tank

[@razalahmed8090]

LOLOLOL😂🤣🤣

[@joeyflores5903]

Cuban would have gotten 20 k from his front pocket, tossed it to the guy, and yelled NEXT!

[@RyanLynch1]

Joey Flores LOL RIGHT

[@Dontuploadanymore]

You have to pay 20k In order to get on the show i get the guy wants the publicity for his business, but hes selling the entire company so i literally can't think of a single thing he would get out of this

[@paulwinegardener8407]

Joey Flores The US would’ve have conned the hell out of him and grabbed all the royalties they could

[@joeyflores5903]

@@paulwinegardener8407 big fish eat small fish...only the strong survive my friend...if you can't play with the big dogs...stay on the porch

[@shemmy95]

@@Dontuploadanymore where do you get that info?

[@N-e-o1]

Big mistake making the controller look like a gun 🔫

[@htsandy3136]

Atleast its white not black .Like who even owns a white gun bruv

[@N-e-o1]

@@htsandy3136 what about when it's night time. It's a mistake nontheless.

[@Lazaruszelo]

They should make it a wrist band with smart detection. Tilt wrist to move. Also with voice control

[@Eclipticwyd]

stevie198686 I think that would be a little over the top

[@ThaMagnaCarta]

if you look at the current version, its not even going for the original asking price. they're going for 399 US and the controller looks more like an rc car controller from the 2000's

[@HartleyTopTips]

Andrew definitely knows how to play the room haha, quickly took back the attention and asked the lad if HE would accept the offer and made sure that he didnt have to negotiate again, thats definitely a smart play!!

[@fmni1]

You know what I like about this. These sharks are giving him advice onto what decision he wants to make. They are not pushing him or anything, they actually care about his business. Yea they rejected one of his offers but that's business.

[@mr_shanes]

One of the calmest and best negotiations ive seen on the show. Well done!

[@erwinsaputra3645]

Australian : 20k for 10% stake American : 200k for 10% stake I really hope Branson watches this episode and give him much better offer, he deserves better offer

[@jishnupanicker9906]

A great negotiation by this guy...I think he used John and Naomi's offer as a decoy here to bring Andrew and janine down from 50 to 35.. Really well negotiated.

[@paulatudor691]

He needed the USA market Andrew offering

[@Mercilessonion]

The woman in red made an offer? This is a once in a lifetime moment

[@yourfitnessbff7515]

animesh singhal 😂😂🤣🤣🤣

[@danielsaraolu5343]

Yes she did an offer.

[@de6hl]

Shocking

[@Holphana]

It's a perfect fit for the businesses she owns.

[@johnwick7175]

Melissandre isn't on the show

[@12SlimJims]

The amount of terminology every person that walks this stage has to understand when a shark/dragon makes is making an offer in insane!

[@DivusMagus]

I like that he stood his ground and got the best deal he could.

[@LB-ix3sm]

This would have gotten 2 million valuation at The US version. Wow

[@thegg5097]

Nah. We already have multiple electric skateboards in the US. The uh definitely lowballed the hell outta him tho

[@TheBloodypimp]

@@thegg5097 he has the pattent tbh... that makes it powerful.

[@thegg5097]

@@TheBloodypimp patents can be pending but regardless in the usa there is many "patented" electric skateboards. We got bolt on kits, fully customized boards, etc. They are all different. Patents are easy to get around also. As long as it's not identical the patent is meaningless

[@kjslosser4238]

You all are missing the point he made the deal first, his company is in a highly competitive market in the beginning phases of just starting to sell the board. They could lose all of there money on this idea.

[@alexandertaylor1458]

I'm in Australia and I use Boosted. They're the main competitor here for electric boards even over Australian and Chinese companies. Their marketing and online presence has given them a massive presence.

[@mikegarber6472]

*911 call* "There's a man on a skateboard with a gun!"

[@unicorndnaranja5865]

My first thought too

[@cena-m2863]

Yes that guy he’s just been robbed in life television

[@priyangshudas6285]

The sharks in this show are so helpful and respectful and give out their honest advices for free even if they aren't buying in especially Steve

[@RamnathDixit]

Adam is a perfect example of ingenuity, humility and negotiation skills. To crack a deal of this magnitude when the business is yet to make any sales is simply awesome. Its a classic case of how to sell a dream, without downgrading one self. Live your dream Adam... Well deserved👏

[@invictuz4803]

This guy was a chef, owned a restaurant, and engineers electric skateboards? Seems to good to be true actually. But then I see his negotiation balls at the end, this guy is a beast.

[@zaidalsekri1449]

My man avoided losing half of his business hell yeah 😍

[@AlishaArlene]

Dude, he still lost 40% for a measly 40k. They robbed that poor guy!

[@3skin556]

@@AlishaArlene the connections are worth more than the $

[@buster5661]

@@3skin556 it's not the $. It's the %

[@trustin752]

Crazy. I looked up the net worth and it’s 30 million and rising. They sell them for way cheaper though. Around 400. SMART to lower the price instead of almost 2k a piece. Living comfortably I bet

[@thesuperdoge2476]

NICE

[@storyoftheday1288]

Link for his products?

[@rAjiSqH91]

Am I the only one who thinks this innocent guy has been robbed in a live television?

[@TheBloodypimp]

A bit. ^_^

[@rAjiSqH91]

@Spark Zuckerbum I too know it's a recorded telecast of the episode but when people watch it for the first time it also considered as a live telecast. I hope you studied about metaphors.

[@TheBloodypimp]

@Spark Zuckerbum bud.... stop trying to troll.... you're coming off as a fool.

[@Chaos_Knight.]

@Spark Zuckerbum geez dude. Stop your bullshit.

[@MaxCRust]

@Spark Zuckerbum fuck u

[@octaviolove]

Listen to the laughter of the shark in red when the offer is accepted. wow!

[@AlishaArlene]

That'd be Naomi. Her evil "we've got them now!" laugh is like nails on a chalkboard to me. 😬

[@Xplicid]

FBI called, they want their negotiator back

[@akashchittari3774]

When he said "you are negotiating I like it" I was like "Really"😂😂

[@FishingWithMichaelTruong]

According to Riley, the folding board can reach speeds of 21.5 mph (35 km/h). The board’s underside playing host to a 36 V, 7 Ah LiFePO4 battery that provides power to a 500 watt brushless motor that drives the 78a wheels, mounted on longboard trucks. Riley claims a recharge time of three to five hours for the battery, which should provide a range of around 18.5 miles (30 km) depending on terrain. The board also features regenerative braking to feed some power back to the battery when slowing down or going down steep hills (Can travel up hills to a 12% gradient)

[@agrofiji9485]

Clearly not worth it.. He undervalued himself and these tanks deals are not worth it. Seriously can make up a mind on 20k..? Mark Cuban would have given 50k with 10% then next...

[@yourfitnessbff7515]

Agro Fiji agree, 20k was way too low

[@KP-hs9sg]

I want 20,000 The shark tankers: no no no ur not getting 20,000 ur getting 80,000

[@trucker2323]

Omg 20k really??? Sounds like these sharks broke and need more money 💰 Lol

[@peauntbutterxboy93]

Trucker 23 stfu

[@Jshoty]

They broke af compared to U.S sharks.

[@trucker2323]

Curtis Warren sounds like you broke and 20k that’s a lot for you

[@trucker2323]

Jshot I know right , a middle class American can be a Australian shark lol

[@Jshoty]

@@peauntbutterxboy93 Broke ass bitch

[@KingErnst16]

I mean, everyone wants Andrew, who would not want the American market? Andrew is in a good spot

[@yourfitnessbff7515]

Tobbepro16 agree!!

[@jakeadams767]

In US shark tank if you wait for other offers after getting one, that person usually drops out.

[@yankeec9206]

Jenny: “these are the best items we’ve ever had pitched to us and for those reasons I’m out”

[@namnack]

Tool..

[@yankeec9206]

namnack ?

[@bloodblitzowns11]

That was intense, he really worked them down. Smart guy.

[@T3merity]

He never told us what vitamins he's taking.

[@unicorndnaranja5865]

Lol

[@creamylul6390]

@Nas Pi is that why my girlfriend is still 10?

[@sandeepvonguru1053]

😂 good one

[@mayadam9593]

Lol I spit rice all over the table... Funny shit 😂😂

[@sachinchandrashekar5872]

Because it is not the vitamin, it is his hand.

[@modeh2777]

You really learn how to be ruthless when making business. These guys basically take others’ ideas and hard work and get simple money. Brilliant!!!

[@michalwalks]

Nah, these investments never pan out.

[@govand7]

20k AUD? That’s the lowest that’s ever been asked for in Australia, USA and UK

[@arationalgentleman6253]

no ; you forgot the hamdog.. that was a 1 dollar investment! haha

[@iilluminumooconfirmed1676]

Uh no, someone wanted $1 for 25%

[@NEWSFLASH666]

He needs the extra amount to keep funding the birds as they’re pumped out and bought. If you listened to what he said. Also he’s getting 2 shark connections at the end as well which is worth more than money can buy.

[@kodaph]

The lowest was for a case of beer

[@joshkleine21]

There was a $1 deal on the very first episode. There’s been numerous $5k deals on both Aus and UK, and another deal for a box of beer.

[@nathancox8700]

“You’re negotiating, I like that” 🌈🥰🤪 “No” 😡

[@chriscraven9335]

"Its in this briefcase. It's gonna blow the Sharks away..." Uh, is he about to suicide bomb the Shark Tank?

[@Masa6x]

Yeah for real, I thought it was a suitcase rocket launcher or something, lmao

[@ADHDTeenager]

Chris Craven your now on a watchlist lol

[@danielberti7314]

Wow! Full length pitches uploaded straight to KZbin! Would be nice if Shark Tank US did the same!

[@kodaph]

this isn't a full lenght though, aome are edited out for dead airs, sometimes as you see are jump cuts to some episodes just my observation, though

[@ckg6387]

That's a bargain price mate, you underestimated you're self. You should have gone for 100,000 for 20%

[@zainabimad3299]

He has sold any products, the valuation is reasonable

[@nikhilgurunand]

Andrew: “I’d like to get this into the states” Steve: “where about are you from?” Naomi: “I have quite a large online gift shop”

[@possessedgarage]

Never judge a book that guy knew exactly what he was doing, very smart

[@yankeec9206]

0:41 6yr old me trying to justify why mum needs to buy me heelies

[@karma5334]

Facts

[@shadrachhynes7196]

This made me LOL

[@rodolfopalambiano4163]

He's a chef. Damn. His idea was great. I a mechanical engineering student and his idea did not come to my mind at all.

[@nuggetonastick1804]

This guy is incredible he is obviously very intelligent, I really hope he has done well what a champion

[@kelvinmathew8993]

the greed shown by these sharks is unbelievable. he didn't ask for much for 10% but they tried 25%. They might have thought he was too naive judging by his looks but good to know he outsmarted them.

[@JohnDoe-db8hn]

The people that go on the show are likely asked by the producers to ask for much less than they are actually willing to accept just to make the episode more exciting, and the sharks knows this.

[@priceless1995]

@@JohnDoe-db8hn lol no

[@JohnDoe-db8hn]

@@priceless1995 Actually yes.

[@MoZZa1788]

He got fully screwed on the deal, what a push over.

[@1stewartjohnson]

Napoleon Dynamite did good. Getting contact lenses has really boosted his confidence.

[@anthonygaydotcom]

Seriously robbing this guy

[@AndersonKamal]

Yeah the $200k valuation he came up with was pretty low already for an electric skateboard company w/ a patent and 150 units in inventory.

[@B_Bodziak]

@@AndersonKamal True enough. Add retractable straps, turn it into backpack and every college student will want one!

[@efraim83]

Aussies are too nice to talk, not to offend Americans but that's how they talk.

[@rizalukman7982]

I think he makes the right decision.Although he has to give more share in his company, he had acess to loan that he really needs to grow his business and a loan plus acess to American market

[@airisasmolo8269]

This guy is very smart and very business oriented 👏 2 sharks in one bait that's a hell of a deal👏

[@howmuchbeforechamp]

Yo when this guys started negotiating i was really surprised , he did not strike me as a guy who coupd step up . Judge a cover

[@josueayala4286]

I’m the only one who thinks he looks like the soccer player Luka Modric😂😂😂

[@ButterySkater]

I would have gotten a business loan from a bank at under 7% and use that money for Facebook ads.

[@adambrackston3471]

Buttery Skater Facebook ads won’t get you connections though. Yes this is costing him a lot of equity but If these two sharks catapult his business it will save years on building up and in the long run be better. If he does things with 1 or no sharks, there is a risk of it missing its opportunity to take off.

[@teunlll]

Why is everyone crying about the sharks. They are taking risk investing in this product and new market. The guy can always say no. Plus the board design doesn't look finished. It could be made alot cheaper

[@user-he2ly4up2g]

I'm sure that board is already being sold on aliexpress/alibaba for $100 lmao

[@luksurias]

One of the best negotiating ever, well done.

[@SaulTink]

Those two weren't getting any love because getting into both the US and AUS markets is a better deal, by far. Plus, I think he knew he could make an accepted counter for it

[@Elohist3790]

The Australian Tony Hawk 😂

[@dhirenchadha3260]

Didn’t he say he was a chef and invented this 23 years ago??!! 😳😳

[@BestYouTubeVids123]

Money management prpblems? 😆

[@vishaldhawan420]

US shark tank is way better but these entrepreneurs are way nicer

[@johnmcmahon5990]

us shark tank is great, if you like listening to yanky BLOWHARDS,

[@nathanielliddy638]

11:38 He said "well done" like a truly proud dad. Maybe someday I'll experience that....🤣

[@AlishaArlene]

If you want, I can put on a fake beard and say that to you. I'll even throw in a hug and back pats. It'll just cost you everything in your bank account, and a $20 royalty for every $40 you ever earn. Whaddya say, mate?

[@nathanielliddy638]

@@AlishaArlene what's your cashapp

[@kanagaraju]

After saw this clip, china already have the production running by 2 days... so called shark

[@andyt2k]

I love the Aussie version "Alright mate, how's it going, I like ya, let's have a drink and a chat over a pile of money"

[@srivishnu3883]

Just three words for the man Simple, Genius, innovative

[@johnorgovan5259]

I think it was Kevin O'Leary from the Sharks US that said the best deal is one where both parties are somewhat unhappy. I see that playing out a lot in practice in these types of deals. Everyone gives a little because they see value but also want to mitigate risk.

[@Theloniouspunk1]

"but I'm also thinking of you." Yeah right mate 😂

[@ranjeetbaranwal1815]

I love the business mind of tue middle one person which he had offered 20$ as royalty for 1st 1000 skating board and offer 20000$ with 10% and 50000$ loan. He can cover all the investment after selling the 1000 boards and still he gets the 10% business volume. I like the offer as a angel investors. 😁😁👍🏻

[@Chris-fm3qr]

I like this guy he seems very honest real g

[@KarrierBag]

He will go far, he sure knows how to negotiate

[@1977moonchild1]

He knows how to negotiate ?!! All he said was he wasn't comfortable with fifty per cent. He suggest thirty five and they accepted !! That's it . Simple.

[@KarrierBag]

@@1977moonchild1 if that's all you saw then you need to look a bit harder.

[@1977moonchild1]

@@KarrierBag Explain to me so what you saw that i didn't. This should be a laugh !! I watched the video. Let me tell you, these electric skate boards are everywhere. His product looks too bulky and horrible looking. He declined fifty per cent and came back with them at thirty five per cent and accepted. That's it. If you saw something i didn't please let me know.

[@dianethompson9525]

Genius idea! No pollution, little to no expense to run! It would be hard negotiating crowds in a big city, but one would assume you would ride on the bike paths or bike lanes. Big price, but how handy!

[@thetessellater9163]

If you find a vehicle that can run without pollution, you will be very rich! This just displaces the pollution to the power station.

[@submarinemagnet7965]

Based on his introduction: 1199.00 aud and he already sold 150 pcs before shark tank and 500 aud is the cost to make one board So he already got 104,000 aud before sharktank and he was modestly asking for 20,000. Where can I get one?

[@adityarajsingh8533]

Shark tank Australia has the most genuine and no fuss judges

[@otakusan8804]

50% getting comfortable? you're negotiating i like that - " no" LOL

[@abhinandkp6702]

Looks like a straight forward genuine guy !!!

[@thejupiterbornjb3622]

Just for America you will have to change the design of the controller or the cops will be shooting your customers 🤦🏾‍♂️ sad but true

[@ynoten]

Fucked up country...

[@lethalbeauties6182]

TheJupiterBorn JB so true. You get shot here for having a cell phone

[@anonymouspost8407]

I think you guys are ignorant and need to watch Donut Operator's police shooting breakdowns. It is hilarious that people think our police are just gunning people down for no reason everyday.

[@danmiranda888]

This is one of the smartest offers and negotiation done by the inventor. The offer seemed low but this is a product which can blow up and be huge anyways so that amount wouldn’t matter especially with the sharks he managed to get on board.

[@adambrackston3471]

daniel m exactly, it’s totally worth giving up to half the company up for good enough connections I would say. 50% of millions is a lot better than 90-100% of nothing

[@johnbeechy]

funding from 'cash flow'.. remember to reuse this .. when and if u contest with the sharks..

[@henryyancey1117]

that guy selling the board seems brilliant

[@PRODBLANE]

Why is Shark Tank Australia being pushed so hard on the algorithm.

[@jakecooper5855]

This guy is very impressive, clearly very smart without showing all his cards through an arrogant personality. He will have to redesign the remote though, I'm a bit surprised he went with the pistol look to begin with. Although many remote control toys from 20-70 years ago used remotes that had similar shapes, so it's not that unusual from a design perspective.

[@allbinoorangutan4079]

Well negotiated by him, he might not have the stage presence but he definitely did fine for himself

[@SkaterBlades]

I can't hear anything why is the music so loud

[@B_Bodziak]

On every bloody episode

[@howcanyoudothistome1]

Perhaps it’s just me but I wasn’t wowed by the product at all. I personally think the whole dynamics of the board and separate gun is in fact a step back in design. There are products that don’t need to be folded and are around that size that don’t require a whole separate remote to operate. It’s clumsy... I’d be happier with a standard electric scooter, more secure in terms of balance and less risk of falling.

[@dannysmum9744]

they are not looking to take the whole market - only a part of it..

[@alexc5656]

Wow, the lady in red has such a hearty infectious laugh 😍

[@dervishlove1]

First electric skateboard? Boosted boards have been around for awhile, as well as other similar companies. Not to mention one wheel! All of those are much more portable too!

[@ppham]

Nicholas Thompkins he said first foldable lol

[@earlridleniv5110]

One of the best negotiators/businessmen I've ever seen on shark tank

[@kylebutler3545]

Negotiated like a champion. well done!

[@deepeshkatiyar1]

this was genuinely the most intense negotitation of shark deal.

[@isaachenrique10]

I really like these Sharks. They legitimately want to make good deals. But at the same time they aren’t trying to screw the entrepreneurs even if it means they don’t get as much as they can.

[@abhigyanshrivastava1255]

I like as soon as he exits the room "Andrew is what I wanted, Jenine is just a bonus"

[@kc_cheddar]

Dang bro wait till he finds out about the hoverboards in America

[@HaiTharImDavid]

Kindaaaaa bulky

[@Lettusfarm]

This one fr actually made me clap 😂. He knows how to deal, that's for sure lol

[@TheBollywoodCritic]

This ain’t Shark Tank, this is Koala Tank mate!

[@falkenvir]

More Like Koala Trees

[@michaelhrcek3560]

This dude was offered 50%, countered with 30% to a hard no and in the end still got them down to 35%