I like how his name is literally “man who passed on ring”
@Noneofyourbyisness2 жыл бұрын
Lmaoooo
@poopoogamer12322 жыл бұрын
And he didn’t even pass on it lol, he was the only one that didn’t pass on it. The owner declined Kevin’s offers, so he passed on Kevin
@hmckinzie29 Жыл бұрын
😂😂😂😂
@Iwipemyasswithpalestianflag Жыл бұрын
💀💀
@nmstranger Жыл бұрын
@@poopoogamer1232 a loan for royalties 4ever of the product and equity in the company. I would of told him to kick rocks as well.
@cn82993 жыл бұрын
This was a blessing in disguise. None of those sharks had the ability to really make this product take off. Only Amazon had the cash and power to make Ring what it is today.
@thecryptohacker99763 жыл бұрын
That's false.He just worked hard and got lucky.Tgere are plenty of investments they made that made them millions.Yiu don't cry about few missed opportunities.This is a mindset andy trader or investor has for increasing their wealth.There will always be opportunities you'll miss.
@genghiskahn92332 жыл бұрын
I’d say mark could have
@betochavez12162 жыл бұрын
@@thecryptohacker9976 lucky lol
@jordanmitchell97422 жыл бұрын
@@betochavez1216 uno wot I mean lol. “Lucky” my ass. That man worked his ASS OFF.
@MaximaToluene2 жыл бұрын
These guys have what amazon does, and they were offered 700k of 7M value, Amazon bought it for 1billion lmao.
@makusuwerusan73903 жыл бұрын
I'm so proud of the creator declining the sharks. He really saw something much bigger and he got and deserves every bit of that 1 billion! 👏🏽👏🏽👏🏽
@js2sgamer9512 жыл бұрын
well not really because he didnt get all of it
@betochavez12162 жыл бұрын
@@js2sgamer951 lol u have a million ? He’s good for life so who cars
@js2sgamer9512 жыл бұрын
@@betochavez1216 lol i have 7 million dollars in the bank.
@AppleTech902 жыл бұрын
@@js2sgamer951 Cool, good luck paying it back, that dude probably has 300 mil+ straight cash
@js2sgamer9512 жыл бұрын
@@AppleTech90 nah jk i dont have millions..... I have billions
@ShadowClient4202 жыл бұрын
I love the amount of respect everyone in this situation has for eachother
@quackster82955 жыл бұрын
Does Kevin get an 8% royalty for every view on this video? Or does he get $1 for every advertisement viewed as venture debt until he gets paid back tenfold with a remaining 2.5% of CNBC?
@g.personal3422 жыл бұрын
LMFAOOOOOO
@alt8426 жыл бұрын
Competitors like ADT... even ADT sells Ring now 🤣🤣🤣🤣
I just moved into a housing development where every house on the street came with wired ring doorbells built in and the poor ADT guy was going door to door with his clipboard trying to sell security systems and I was like "yeah man...uh...To be honest im just going to buy a ring security system since i already have the doorbell" Poor guy haha.
@wittenberg56 жыл бұрын
Kevin will be ok, you only have to get rich once.
@ShaunKhan5 жыл бұрын
People can go poor and become rich over and over again.
@quackster82955 жыл бұрын
@@ShaunKhan Elon Musk isn't poor
@Joeroganwithhair4 жыл бұрын
how to properly clean your plastic computer He’s not rich either. He has to actually sell a lot of his shares to be rich but he’s just nw rich.
@GraemeGunn3 жыл бұрын
@@ShaunKhan only if they're idiots
@haydenloidermilk58193 жыл бұрын
*Great depression and recession has entered the chat*
@taekwondotime6 жыл бұрын
Typically, the offers that the sharks make are easy to walk away from. I've seen so many episodes where they want a 40-50% ownership stake in the company in exchange for a $50,000 - $100,000 investment or something. (Sometimes it's only a loan/line of credit.) If you're a business owner on the cusp of becoming a multi-millionaire, you're not about to sign away 50% of your company to someone who did nothing to contribute to it besides a relatively minor cash injection. (In this case, $700,000 is a huge cash injection, but most of the time I've watched the show, the people were asking for $100,000 or less.)
@dannytrejo13593 жыл бұрын
Tbf we give people who contribute nothing lots of resources in our society, it's called being rich.
@ryanr22033 жыл бұрын
Nice
@youtubecensorpolice91122 жыл бұрын
And he only wanted 10% equity, which already values the company at $7 million, which is about what it was worth at the time of the show.
@kosan28752 жыл бұрын
@@youtubecensorpolice9112 im pretty sure he wanted royalty for life
@okayokay57862 жыл бұрын
Dude what are you saying these guys can blow up an product they don’t just pay money and that’s it. They work on it to make them money as well. Dumbest comment I’ve seen in a while and 234 dumbasses as well
@jasonalexander64172 жыл бұрын
Little in sales? He had $1,000,000 in sales in 9 months with the last month having $250k in sales! And that was just direct to consumer! He wasn't even in staples yet!
@shrek9703 Жыл бұрын
You saw 8 minutes out of an hour and a half discussion. Every deals on shark tank are hours long but we're shown the highlights only
@jesse63983 жыл бұрын
“A little bit in sales” in his presentation he said he did a 1 mill in sales in his first 9 months with each month getting bigger sales
@prs30542 жыл бұрын
Doesn't justify a 7mil valuation.
@WWEENETWORK2 жыл бұрын
This guy does pretend to be a narc...he is....It's hard for him to admit he has a lump in his throat ever time he thinks about this RIIIIING DEAL...LOL
@Shadow-exe2 жыл бұрын
When he was presenting he said his past month alone was 250k. That’s insane growth with only selling direct with little marketing. They def missed out
@skateraptor122 жыл бұрын
@@prs3054 it justifies 700k for 10 percent though
@wearing688 Жыл бұрын
@@prs3054it does lol. Million in sales in 9 months and 250k in last month, 7 million is definitely a fair evaluation
@Marty46503 жыл бұрын
O'Leary never offered to "give" anyone $700,000. What he offered was a LOAN of $700,000 at 10% interest, plus a royalty for himself, plus 5% of all income of the company for perpetuity. Obviously, the offer was rejected. No sane person would take such a predatory offer. Essentially, O'Leary wanted a piece of the company for FREE, and because he got too greedy he passed up an opportunity to make $100,000,000 from a $700,000 investment. But O'Leary doesn't care, because he figures some other sucker will come along and be ripe for the picking with another deal. And the inventor was very fortunate that O'Leary was so greedy. Because he ended up getting an extra $100 million from Amazon by passing on O'Leary's $700,000 loan. He was smart to reject the offer, and he didn't struggle with the decision either.
@zahidshabir403810 ай бұрын
He wanted the SAME for the Scrub Daddy sponges too. He said he would give Aaron (who started the company) $100K which Aaron was asking for (Aaron was asking for 10% of his company for that money as his starting deal) and he said he just wants $0.50 in return per unit sold until he gets his $100K back then $0.10 per unit after and the manufacturing price per sponge was around $1 and he was selling them for $2.80 I think it was or something at the time of the episode airing and the only reason he wanted cash was to build his own manufacturing plant in the USA to make them because he was just shipping them overseas from Germany at the time AND on top of that he had issues with time management with that manufacturer on his sponges and wanted them to be produced for less money AND increased production capacity with the improved time management issues. Kevin's offer would essentially mean no matter what Kevin makes money off the product and he suffers no losses from it after he has his money back and he doesn't even own the company to make money off it meaning that when it comes to pitching an idea to the sharks the pitcher is free to buy back the share from the sharks in the future however they please but with this deal the owner is STUCK with the fact that they are giving away free money to someone and you can't buy them unless you get them to bend to their knees and change the contract
@triton67172 жыл бұрын
"Its rich milk that we are talking about" 😂😂
@ep1k_4373 жыл бұрын
"never cry over spilled milk, theirs always another opportunity next time the shark tank door opens!" yeah I don't think they'll ever be a company that comes to shark tank and exits with a 100 million dollars, you blew it!
@dejrand3 жыл бұрын
Who knows maybe they’ll find a cupcake company😂
@kingofthetrill3 жыл бұрын
Way more than 100 million
@nematoad3 жыл бұрын
Yea he blew it but he’s not gonna beat himself up over it he’s still rich lol the fact that he’s complementing the inventor and giving him props is signs of a solid guy in my eyes.
@u-l-t-i3 жыл бұрын
I don't think you understand the point behind that saying
@wejsmith54463 жыл бұрын
Didnt blow it, still richer than all commenters on this vid combined And honestly, u sound a lil salty. Making fun of someone in the 1% for not going into the .5%
@koreypaul66986 жыл бұрын
I like how they say it wasn't competition for security systems lol
@poopoogamer12322 жыл бұрын
Wdym
@koreypaul66982 жыл бұрын
@@poopoogamer1232 The Sharks on Shark Tank didn't think Ring would be used as a security system or be competitive with other products in that market already.
@dsmith59256 жыл бұрын
O'Leary missed the boat on Amazon's aim with Ring and home automation/total customer acquisition in general. For angel investors, these guys aren't real visionaries. That's why they're constantly putting a few hundred grand into cute products capitalizing on demand and grabbing existing market share, instead of really defining new horizons. They've become the go to place for people that have interesting ideas or inventions that will benefit significantly from the visibility that the audience of shark tank provides, not real companies with billion dollar potentials. Saying they're the biggest venture capital fund out there is a pathetic joke. The only real venture capital investor in the team is Chris, and he rolls his eyes at the offerings they get. The next Facebook or iPhone isn't coming to these guys. If the inventor does, he's not likely to strike a deal. It takes visionaries line Bezos to run a company for decades without posting a profit, while focusing on customer acquisition and future monopolization for maximum monetization. These guys would laugh Amazon out the door.
@49ers_red_and_gold23 жыл бұрын
Now Jamie could say your dead to me Kevin O' Leary 😂
@affirmed_78356 жыл бұрын
The sharks usually take advantage of these little guys. It's the whole you need money to make money thing. Nice to see them miss out.
@Garycarlyle6 жыл бұрын
not really. they rarely take more than half. they dont even have a controlling stake
@sfolife6 жыл бұрын
these companies are usually startups with huge risk, of course they want high returns. who else is going to give them money for prototype ideas or products that owners have no idea how to mass produce and distribute.
@dsmith59256 жыл бұрын
People go to shark tank for much more than venture capital. They go for the visibility, and for a mentor in the company in the business aspect and monetization optimization. In these respects, I think they arguably aren't being taken advantage of. I think some of shark tanks biggest successes wouldn't be where they are today had they never appeared in the show.
@js-hk6xs6 жыл бұрын
@@dsmith5925 ye these guys have the resources they have plugs like lory has the retail plug etc
@stgeorge58625 жыл бұрын
If Kevin had gotten on, they would have tanked. The reason they got to 1 billion was one less bloated leech.
@ofarinas Жыл бұрын
I love Shark Tank. I love to see real billionaires operate and potential mega entrepreneurs present their ideas and products. I happen to like Jaime Siminoff because he personally took the time to answer my questions via email. I asked if they thought about venturing in monitoring and dispatch since it wasn’t in place at the time. He thanked me for the input and stated that it’s inputs like those that continue to grow the business. Now, they have the monitoring which I subscribe to faithfully, and I am happy with it. I am happy for Jaime for having sold Ring for over $1B to Amazon. Shark Tank helped Ring become what it is today! I love that Mr. Wonderful can look back at this with a smile on his face. He really is Mr. wonderful! ❤😊🎉
@OurSocietyMustChange Жыл бұрын
What is the monitoring app called that you use from Jamie? Thanks, and what you wrote is very accurate
@owengarden9147 Жыл бұрын
Ring sucks
@kristiangunnulfsen3 жыл бұрын
Your show is used for exposure. The deals never favor the business owner.
@stankssmile58653 жыл бұрын
And the way they talk, if they get talked back like that....yikes...
@KxngKUDA3 жыл бұрын
A "plethora" of competitors. It's almost like you didn't listen to his pitch at all when you asked him that. He claimed that he had no DIRECT competitors, because he was the only one to integrate video surveillance with smart phone accessibility. An idea so genius, that some of those so-called competitors are now buying RING for themselves. Lmao the inability to just admit you screwed up. This hubris come with being rich? Cuz I don't want it
@allyraff3 жыл бұрын
They call him Mr wonderful? Maybe sarcastically. I've met the guy in real life before knowing who he was and he was upset I didn't know who he was. A man who he was with gasped and said " you don't know Kevin o Leary?! He's on TV !" I replied honestly, " Im sorry I don't watch TV, would you like a few more minutes with the menu ? " I was tipped 2 bucks by Mr wonderful
@BigBeefyBoy3 жыл бұрын
This guy blinks 2000 bpm
@dejrand3 жыл бұрын
Honestly lost a lot of respect for the sharks this year. Kevin’s selling cameos for 2k mans been preaching scams maybe if he invested in Ring he wouldn’t need the money😂 Damon involved with selling courses with Grant Cardone and Robert involved in a real estate scheme. Watch Coffeezilla, you’d think these guys were all respectable. Cubans the only guy anyone should consider going with.
@Phasy3 жыл бұрын
So they’re not respectable because they’re selling cameos and courses?
@Phasy3 жыл бұрын
@Adrian Cantu and none of those guys are being investigated for anything…. Ontop of that who wouldn’t do a 1 min video for 2k???!?! That’s literally 2k a minute. Ontop of that a lot of the big time celebs are on that app.
@BlahBlah32442 жыл бұрын
And how many hundreds pf millions have YOU made? Yea. Hush up.
@tarrence222 жыл бұрын
Kevin O'Leary dropped the ball and now he sounds like he's trying to spin it, him and the other sharks didn't have any imagination and weren't open minded and they fumbled a huge deal
@mundanesoup52732 жыл бұрын
We all know Kevin was punching air when he saw the deal.
@poopoogamer12322 жыл бұрын
I don’t really think he was. He is already rich, you can buy anything in the world with the money he has and 100 million isn’t going to do anything to someone with a net worth of 500 mil
@raulow63452 жыл бұрын
@@poopoogamer1232 20% of his net worth definitely would do something to him LMAO
@itsjoseph8752 жыл бұрын
@@poopoogamer1232 rich people always want more
@emayan06 Жыл бұрын
@@poopoogamer1232 the man who created the ring is a richer than him now 😂😂😂, he couldn’t even answer the questions direct cause he lowkey knows it wasn’t a smart move
@superduperboyx Жыл бұрын
"he can really dance" 😂. Wished we can watch full sessions of the show and not just the edited part.
@samir95154 жыл бұрын
Sharks didn’t invest in door bot and for that reason I m out
@Rainydaysq83 жыл бұрын
going to shark tank is a win win situation even if you get rejected from the sharks you still had a free #AD to the world and you might get picked
@jordanhead8388 Жыл бұрын
Not them trying to spin this like they helped 😂😂😂
@dwaineamiller9173 жыл бұрын
That was some real Talk right there...!! Awesome description of (Jamie)Awesome!!!!! Nice Validation!!!! Real Life..... Grown knowledgeable MAN!!!!!
@BrokeTheSeal6 ай бұрын
They keep asking why Amazon would buy Ring? It’s so obvious with stopping thieves
@rean312 жыл бұрын
Lmao the Ring guy is now worth more than the double as Mr. wonderfully missing on chances
@poopoogamer12322 жыл бұрын
What are you talking about? Kevin is worth more than Jamie still. You must be too idiotic to realize that when Ring was sold for 1 billion, the owner didn’t get 1 billion
@averydarrenkamp81022 жыл бұрын
Damn from tinkering in your garage to being a billionaire. I wouldn't know how to control that much money
@dontcaroline2 жыл бұрын
Right
@WWEENETWORK2 жыл бұрын
This guy does doesnt pretend to be a narc...HE IS....It's hard for him to admit he has a lump in his throat every time he thinks about this RING DEAL...LOL
@FireStormBaller2 жыл бұрын
I like how he doesn’t answer the questions at all.
@Vancouversour Жыл бұрын
High praise from Mr. Wonderful.
@soylentteal2 ай бұрын
Ring: “Kevin, you’re dead to us!”
@eddy74572 жыл бұрын
That’s rich milk we’re talking about kevin 😂
@222HelloGoodMorning3 жыл бұрын
Amazon is a world wide platform now a days specially with the pandemic 😂 they missed out on a lot of big companies lol
@averydarrenkamp81022 жыл бұрын
Shaq saw it in store and knew it was a gold mine
@ewlinitis3 жыл бұрын
Well he invested in Mindmed now and finally took a risk that's been paying off like crazy.
@DroneWorldbelo5 жыл бұрын
Not as smart as he thinks he is.
@mikenelson83774 жыл бұрын
Neither of them are, to be fair. All the Sharks created their insane wealth on gut instinct and decisions. What they think will/won’t pan out. There was no way for Mr. Wonderful to have predicted the future of DoorBot let alone the average Joe or Jill. 🤷🏼♂️
@mikenelson83773 жыл бұрын
@@randomz8065 what are you talking about? Did you even read AND comprehend why I posted? 🤦🏼♂️
@DroneWorldbelo3 жыл бұрын
@James Dean you have no idea how rich I am, take a hike.
@Native7224 жыл бұрын
He doesn't cry over spilled milk.
@heatherwarner489 Жыл бұрын
Kevin You mean the next time the shark mouth open😂
@ygwaltgmb Жыл бұрын
He found a way too toot his own horn 😂
@freddyjongue6682 жыл бұрын
THE MAN WHO PASSED ON RING
@Puekaw6303 жыл бұрын
Lmao I got a ring ad
@dobermanpac10644 жыл бұрын
Ring is good, but I still like my Doberman and Smith & Wesson 🤠
@lorddarkhart27754 жыл бұрын
Yea, and someone approaches your with a shotgun. Who's winning that gunfight? Not to mention WHEN you depart this world, how would the intruder get founded in a timely fashion? All that could be avoided just having the option of seeing someone approach your house beforehand. You know, get the jump on them. Ignorant much? 😅
@redmi9user2583 жыл бұрын
@@gabrielsim6340 You know a Smith and Wesson is a firearm.
@Maxime_K-G2 жыл бұрын
Cool to see he isn't sour about it but at the end of the day he's still a wildly succesfull dude with enough money to live the life of his dreams so I don't see why he would be.
@RivalSMPsurvival22 күн бұрын
Now everybody got a ring
@rganimo4 жыл бұрын
Amazon is huge, and they pay no taxes...
@AuthenTech6 жыл бұрын
Ring kinda stinks, forced monthly fees. There's other great options out there IMO
@UGAgradRN5 жыл бұрын
Like what?
@dallassmith74685 жыл бұрын
You sound like a competitor's bot. You a bot boy?
@JustLatino5 жыл бұрын
I tried the other great options, not as good as ring. my opinion of course
@seawinds125 жыл бұрын
The China doorbell every bit as good for 30 euro
@ChristophProbst5 жыл бұрын
My dad uses Ring and I use SkyBell. I personally prefer SkyBell after using both.
@celts20ak Жыл бұрын
If Kevin thought this kid was so good, he would have made a more reasonable offer. 7% of sales in perpetuity is insane
@charlenemccullough2293 Жыл бұрын
Great detection and feel safe
@NerdOutWithMe3 жыл бұрын
How much money do you need to be happy.....
@vinnyfaulkner91252 жыл бұрын
What a narcissist…. Instead of admitting that they all made a mistake he tried to take credit for the success of ring
@bengarcia59452 жыл бұрын
That wasn’t a gallon of milk though it was the whole company
@kagandahanjack3 жыл бұрын
Now Jamie might be richer from these sharks.
@HarryPotter-wd2yc3 жыл бұрын
DID HE SAY 100 MILLION THATS 2 ZEROS OMG-
@canadianwelder38996 жыл бұрын
You also don't deliver the money on deals,sir
@MarkSmithhhh9 ай бұрын
It's wild he didnt see the value in ring
@Bulletproof.. Жыл бұрын
That’s it!!! When you said 9.6/10 you should give him 10/10 and have had 100Millin on your bank Life is about inches
@athomesuperhero5 ай бұрын
My question is why do all announcers have the same voice?
@Luke18_134 жыл бұрын
Pride comes before the fall. So full of himself. Bleh.
@Seethus3 жыл бұрын
for someone so rich, hes actually kind of humble. and admits when he fails.
@johnnyschist95502 жыл бұрын
Kevin would have done nothing for the product.
@Om-ns7oh4 жыл бұрын
Why wouldn't he give him a 9.6 out of 10 now lol
@abdulkadiraadan30215 жыл бұрын
awesome
@LORDRA1DEN Жыл бұрын
I mean it happens. You can't know all these things are going to blow up, and you can't make an offer on everything or you'll lose millions.
@IceMan-hf9he3 жыл бұрын
what is ring?
@Ackros5 жыл бұрын
3:03 - 'vestibule' really? its 2018 the word is 'porch'
If kevin o Leary make offer he would be billionaire by now😂😂
@heatherscott1014 жыл бұрын
KEVIN YOU SOUND BITTER!
@stevenbanda747410 күн бұрын
The Sharks don't know everything
@robbiejwood2 жыл бұрын
It cost him $400,000,000
@georgeburns65122 жыл бұрын
Idk Sony did turn down buying all the marvel characters for just millions. 😂
@gregumsharris98762 жыл бұрын
At least he owned it
@bbygurlatrice2010 Жыл бұрын
I got like 5 rings
@Nicole-wv1rl Жыл бұрын
He salty talking about a lil bit in sales 😂😂😂
@markdesmarais87203 жыл бұрын
If it's anything like Dragon's Den in Canada, it's completely B.S.totally boring, and a complete waste of time to watch. Even when " supposedly approved" the " deals" have to go through lawyers, sometimes presenters change their minds, about " one in fifty" ever makes it.
@mrhomegrow3 жыл бұрын
It's exactly like that lol
@jonathanbell93495 жыл бұрын
Was that ad with Kevin Oleary a deep fake?
@Hinata.Sakaguchi Жыл бұрын
I still believe they know less about technology. If someone pitched a technological device or something. They have no clue on how they will run that business. They are like an old politicians that thinks they know how the Internet works.
@harrydawson75293 жыл бұрын
Dragons on the U.K. version are better but America is a bigger platform
@goguma20084 жыл бұрын
Why do they blink so much.
@dobermanpac10644 жыл бұрын
Mr Wonderful!!
@richardramfire39713 жыл бұрын
Practically everyone I know has one of these
@jaysonovo47783 жыл бұрын
Nice! Hopefully they soon install the CIA devices inside their homes, not just outside!
@LetsWatchMeGoMoo Жыл бұрын
My guy lost 15mils to FTX, ok kevin.
@CS-ov8mp2 жыл бұрын
The sharks know nothing about business this proved it
@hqopie90916 жыл бұрын
ring has wonderful pictures and video's of thieves stealing packages! ..... a bit of spray paint on the camera? ..... and people bought it ....
@yeeglizock82233 жыл бұрын
If you walk up they would get a notification, see u spray the camera call police simple
@otakusan88043 жыл бұрын
most of them have ego lol
@xn8vf Жыл бұрын
That offer was sooo greedy and would never have made him a shark
@Fearfernandez34199 ай бұрын
But even ring is having problems the people still steal & only caught a face on video but they keep stealing packages
@snuggles1005 Жыл бұрын
Good. Mr Wonderful doesn't need to experience anything wonderful.
@poolman7786 Жыл бұрын
Can see in his eyes he is still crying like a baby inside
@danm76713 жыл бұрын
You couldn't screw the guy for pennies. Haha
@alexroma77562 жыл бұрын
Ichiwawa karramba
@tubetop1236 жыл бұрын
Don't worry Kevin. Ring is not consistent or reliable. KZbin Ring live view delays.