Rollercoaster Pitch! All 5 Sharks Make An Offer To Stryda Entrepreneur! | Shark Tank Australia

In an Exclusive First Look of the new Shark Tank Australia - Thien is seeking $50,000 for 10% of his company selling specialised insoles, Stryda.
An international sensation, Shark Tank AUS features entrepreneurs pitching for investment in the Tank from our Sharks, five venture capitalists willing to invest their own money in exchange for equity.
bit.ly/SharkTankAustralia 7.30pm Tuesdays on @Channel10AU
As Seen On Shark Tank Australia Products: amzn.to/2ZJBbyf
Shark Tank US Products Collection: amzn.to/3bMNjmI
@Channel10AU
@DavieFogarty founder of the Oodie and e-commerce expert.
@SabriSubyOfficial the founder of King Kong Digital Marketing Agency
@thelazyceo @ShowpoChannel the founder of online fashion boutique
@catrionawallace5409 AI expert and founder of the Responsible Metaverse Alliance
@robertherjavec7160 who has already invested $20million across 14 seasons.
KZbin bit.ly/SharkTankAustralia
Socials - bit.ly/SharkTankAus
#SharkTank #sharktankaustralia #stryda

[@hasansehovic8884]

Green AI woman makes Barbara confused. Goes out before gioing in, just to go out. Masterclass!

[@lorina13d79]

😂😂😂that made my day😂😂😂

[@ayushisingh2139]

hahhaa, robert throwing that watermelon and grape dialogue that Mark says😂

[@tylercecire1219]

Really incredible, seeing Robert get this personal wasn’t something I didn’t expect. Hope this business takes off

[@LunchMeatTrump]

If it wasn't something you didn't respect you are saying you did expect it? 🤔

[@ronnysharma6767]

More like Robert making it about himself

[@spyk_316]

He mentioned this story on Shark Tank US too. Total drama he did here. Way ott

[@th33mago]

So weird and cringey, not sure if some part of the context was edited out of the final cut.

[@beatsbybam]

Robert is wild for that lol how are you going to cry and then offer 45% lol

[@entityunknown1668]

I had the same reaction to that. I thought he was going to offer for 30% or 35% maximum.

[@JazzyMarineVet]

EXACTLY!!!!!!!!!!!!!!!!!!! Why not drop to 25% or less

[@jtmcfarland3512]

Because it’s cork shoe pads.

[@agnikakaieru5571]

Emotion cant be inline with business

[@LunchMeatTrump]

Robert is a wolf in sheeps clothing

[@faithdavid2202]

That's why I straight up love Mark Cuban he would have said straight up if the deal was wrong and advise that he could counter.....

[@gspotlight04]

true lol

[@ciswhitebigot]

Straight up bro?

[@vincencohan3626]

Yup too much because he tol them $7 to make and selling it for $78 😂 i would give them max 5% each. I het they would still take it 😅

[@robertroberts3rd265]

79.99 for some insoles is mental. With costs around 7 he could halve retail price and still make a large profit margin, whilst expanding his market base

[@jamesleicher]

if it was recyclable because you need to change at least once a year,you correct

[@Slam-]

Robert makes it all about himself, quite the actor

[@LunchMeatTrump]

Dude is so fake it's crazy how people eat it up

[@xriot1752]

yeah and then throws him that robbery of a deal

[@sanjanewmoonlife]

He is a toxic virgo ♍

[@HomestarCrawler]

Always. And now that he's gone from being the least successful shark to being the most successful one on a panel of influencers in Australia, he's going nuts with it.

[@1dktre]

Robert, stole Cuban's line about the watermelon and grape. His tears are for the show! lol

[@glenncurley680]

I noticed that straight up! Good call.

[@eh4372]

When did Andrew tate become a shark

[@gazelle1189]

That ain't andrew tate

[@eh4372]

@@gazelle1189 someone needs to learn sarcasm 😂

[@XSteve-gz5ko]

2 months into the womb😊

[@kareemjordan6780]

@@eh4372 someone also needs to learn humour, cause your joke wasn't funny

[@eh4372]

@@kareemjordan6780 you need to learn that humour is subjective and people find different things funny and some people are smart and some like you are thick

[@jtmcfarland3512]

I’m surprised they didn’t ask about sustainability and supply chain limits. Cork is a tough business. I can totally understand needing 45%.

[@roberthart1957]

these pitches are over an hour long, cut down to like 8 minutes for TV, they ask significantly more than what you see

[@jtmcfarland3512]

@@roberthart1957 That makes more sense. Seems like something they should have left in because it’s very relevant to the valuation. Thanks

[@MartyWoods-fu5cy]

Cork is the most sustainable material!

[@keshavbalajibabu7760]

Never expected andrew tate to be a shark

[@Pirro-qw3rs]

That's getting old, Einstein....

[@ozzylink]

Andrew Tate is richer than all of them put together tho lol

[@energizing4133]

Shame on the sharks for robbing him, Disgraceful.

[@MartyWoods-fu5cy]

The deals aren't final, this guy is not dummy.

[@sanjanewmoonlife]

​@@MartyWoods-fu5cyHe is a dummy he gave his half business to millionaires billionaires

[@JM16771]

Facts

[@brysonmcha]

SO GLAD THIS IS BACK WITH ROBERT!!!

[@FishingWithMichaelTruong]

That was awesome. Reach for the stars guys!

[@stanomano3245]

“It’s better to own one piece of a watermelon than an entire grape”

[@ahsanzafar3340]

Robert is always been my favorite in all shark tanks... he is humble,emotional,successful,rich,healthy and in shape.. a good rolemodel for young entrepreneurs.

[@sanjanewmoonlife]

He is a toxic, judgemental analytical, negative intelligent virgo ,he loves perfectionism and he is not perfect.

[@HomestarCrawler]

Humble? 😂😂🤣

[@matro2]

11:57 I think Mark Cuban said that.

[@odysseusnissan]

They all say it. Old saying from some unknown person probably.

[@brendangarske553]

A masterclass in how not to negotiate

[@Rick-bt6je]

Fantastic and I hope this is a new beginning for him

[@annamarie2849]

If Mark was there he would have scoped it up for 25 percent or 30 percent!

[@PETROKARMA]

He should've asked for more money to compensate for the equity.

[@hannahwashbourne4174]

These insoles are actually the real deal. They WORK

[@DanByersMusic]

Barbara called Robert all the way from America to let him know that she’s out.

[@CruzR1111]

😂 Sounds about right

[@devinmiracle7680]

I literally almost died 😂 12:08

[@MindsetAlchemy]

I thought US Shark 🦈 tank was a wholesale/ discount business buying scheme, the Aussie version is a garage sale! Don’t ever ask for too little! If you want $50k at 10% ask for $100k at 8%!

[@luisrenenavarro]

What a quality of sharks, I totally respect previous sharks, they were amazing. But these new sharks really make it so interesting and enjoyable to watch.

[@entityunknown1668]

I think that they took advantage of his naivety a little bit in this deal. He could have at least asked for $80, 000 for the 40% and $2 royalty only until they got their money back, rather than in perpetuity, but he had zero negotiation skills unfortunately. I'm happy for him either way because the business is a success now so everyone is eating well including him.

[@chrisbarry9345]

They said until they got the money back

[@Sidecontrol1234]

they said 2 dollars until they get their money back

[@jtmcfarland3512]

You’re insane. A 200k valuation on a business that did 20k in a year? Yeah right.

[@LunchMeatTrump]

You offer the money if you want to put the time and effort into growing it. Why do viewers of his show think the sharks should just give money away to people you like?

[@DyNaStYCaRl]

It's not always about the money. He needed guidance more

[@miksyapan4914]

Robert got emotional? Damn First time.

[@diegoramirez692]

wrong he’s been emotional a few times on shark thank usa

[@328am]

Mark Cuban is going to want a royalty for each time the watermelon example is used... 🤣

[@GUIDESPERSPECTIVE]

I had Cork insoles in my ski boots 20 years ago.

[@tonystonecoldcountry7064]

Shame on the sharks for taking advantage of a good guy with a good product but does not have business skills.

[@darshinvyas3068]

Robert my man! He just used Mark Cuban's dialogue "Piece of watermelon is better than a whole grape" hahaha Loved it though...the moment he shared his story of how his dad went to jail, I was like - for sure Robert's in...very similar background mate!

[@zobair91]

How Sabri was roasted 😂

[@myang1933]

Congrats

[@joeday2560]

Couldn’t have wrote this script better myself

[@MetteC5]

Obviously not 😊

[@damaiindah8587]

I like how he's happy being dumb nego.

[@cybrpvnk]

How can I watch this in the US?

[@naimishirleen]

Love you Robert but you reminded me so much of Mrs. Doubtfire here! 😂

[@AMS_KustomDipz]

They robbed him...50k for 40% and a royalty! Especially after all the emotions, but business is business 🦈

[@SireneKalypso]

Why is Robert here lol😂 i was so confused.

[@rayvenskye3274]

For the popular face. A new old show needs someone who is popular

[@blixten1982]

Guess Australia stole him from Shark Tank USA, the same way Shark Tank USA stole him from Dragon's Den Canada.

[@leedsdrumacademy]

​@@blixten1982Exactly that.

[@kareemjordan6780]

Because I've lived in Australia for 40 years and have no idea who those other Sharks are

[@phillipfairbrass3575]

Price point is very high, lower price would increase sales, there was some other shoe insoles on the older shark tankss,, dont know much about his product but sweating used to make cork absorb fall to bits,,

[@Auro-Craft]

5:10 me too, you’re very cute Mr Davie

[@johntan5139]

Robert telling his immigrant stories for over 45% of his life.

[@Slam-]

Almost every pitch

[@LunchMeatTrump]

I wonder how much of it is even true

[@KingShxdow]

"Why isnt it translating into bigger sales" um because the soles cost 100 dollars. Thats why Robert.

[@downey416Toronto]

why did he take so long to say yes lol

[@drergyme8]

Why are the original sharks not here. Oh Australia site

[@nicholasjurai2822]

Since when is Robert on Shark Tank Australia...first 'Dragon's Den' in Canada n then 'Shark Tank' in USA...👏🏻👏🏻👏🏻👏🏻

[@faizalazrinabdullah8149]

$80k and 10% for each sharks.. sell it to the world

[@serraholmes1989]

Selling half the business for $50k? That don’t make no sense

[@AdventureRuben]

This guy looks very credible.

[@SabheeZ]

When Robert went so emotional, I thought maybe he’ll offer 50k for 20-25%… lmao mf sharks don’t got emotions changing money lol

[@robertvictor1391]

They didn’t ask how he intends to use the $$

[@markfigueroa1681]

Cork insoles have been around for years

[@JC-sc7by]

Since when was Robert on STA?

[@sovitaseng5519]

The AI lady deff wanted to add a fitness tracker into it or something

[@christopherdavis1066]

Gonna take a while to get used to the new sharks... except Robert

[@Techstormzz]

wait what happened to the OGs for Australia????????

[@christopherdavis1066]

@@Techstormzz really not sure

[@IDPYouTube]

Shark Tank Australia was the best, now it’s just proof that there is nothing you can’t make worst.

[@richardw1043]

It's missing Steve

[@eliseocarrillojr]

Real shark deal

[@S-rn6xn]

The 4th woman’s shoes changed every other shot 😂 plus she was very rude to the 1st guy

[@hegsonr3143]

Birkenstocks are made from that. He will have problems sooner or later. They’ve patent that

[@ChintanCG]

The AI lady found AI in soles 😅

[@JonoWilliams]

Bruh whyd they skip all the negotiation with the four sharks 🤨 thats the best part! They just skipped right to the offer that he ended up accepting. Lame.

[@gspotlight04]

Thats crazy😅. I wouldve countered 80k (20k each/Shark) no royalty lol

[@Authoratah]

$79.95 for insoles?????😮

[@serraholmes1989]

That’s what I was thinking. I think 39.95 best price. I’m thinking that’s why he has low sales.

[@tammyforward4865]

I’ve bought so many cheaper insoles. They didn’t work. Bought these and I’m on my feet 8-11 hours a day for work, in comfort. I wish I’d believed the hype to start with.

[@user-ef5id9km3p]

I still don't know what the final offer was lol

[@user-ef5id9km3p]

Was it, 4 sharks for $50k, a $2 royalty until the $50k is paid back they'll each get 10% of the business? What did that even mean?

[@DylanDickson2]

@@user-ef5id9km3p You're right. Each shark gives him 12.5k each for 10% equity of the business. However each pair of product sold will give $2 back to the sharks (50 cents each) until their 12.5k investment is achieved. Then the $2 per product royalty goes away leaving the sharks with their 10% equity each. 6 months late but there's your answer.

[@nouveaurichewigs7514]

They didn't say the royalty would end when the money was paid or did I miss something? I think they took advantage of him, he wasn't prepared to counter and was afraid to leave with no deal...

[@CesarRodriguez-kc9od]

Why is it robert inshark tank australia?

[@11Khalid11]

40% for 50k with a $2 royalty??? What?? That's Greedy!! Basically they are getting 10% equity each for free!! Rip off!!

[@smallsmalls3889]

Why is robert stealing Cubans saying

[@hanskristianvilla7621]

Barbara called to say she’s out

[@jgpatterson38]

Where's Steve

[@ariella2155]

Sometimes there can be too many cooks in the kitchen. I would have taken 2 sharks for 20%

[@davidgrisgraber8864]

Who is that giraffe

[@marlabrown8846]

I Think The Red Head Is A Stepford Wife She Acts Like A Robot 😮

[@downey416Toronto]

seeing Robert brought me here

[@xriot1752]

aint no way Robert put on the water works relating to this entrepreneur and then hit him with the 50k for 45% ROBBERY smh

[@graveyardcook1607]

Does anyone know where to watch it? I cant find it anywhere

[@XSteve-gz5ko]

10Play

[@BhaktiSangeetSagar1]

Robert - people make fun of us because we are immigrants! that's painful. me too!

[@anandt5555]

AI AI AI - Good god! lol

[@jaweeayacocho5993]

Robert got the quote from Mark

[@anthonybatubo9225]

Why did they just rob this guy on live television ?

[@leeyongjie-dc3fw]

they are loansharks

[@buzztrucker]

Disconnect here is $79 for some cork on my feet. Wouldn't pay more than $40 or $50 USD for this.

[@bizoot1]

I have custom-made foam insoles costing about 1000$, u wanna tell me cork is better??

[@MartyWoods-fu5cy]

Cork is natural. Foam is cheap junk. Don't be proud you got ripped off.

[@davidwong2]

feels strange seeing robert on shark tank australia

[@galenyeo46]

They're a competitor to Birkenstocks in a way. Good luck to him - not sure if having so many sharks is a good thing...

[@BDogs10]

Yes, more is not necessarily better

[@vanessap..3035]

Why is Robert in this shark tank ?

[@virtualcity721]

Good product but it's way too expensive. If it was $20 i would want pair now and i'm in Africa Namibia

[@MartyWoods-fu5cy]

Do you understand business? It's a quality product. Tooling costs, logistics, taxes, packaging and customer costs are huge these days!

[@virtualcity721]

@@MartyWoods-fu5cy the cost to make is only $7 so $20 is a fair price. That is almost 200% profit

[@nouveaurichewigs7514]

Should be $45

[@virtualcity721]

​@@nouveaurichewigs7514 for a shoe insole? 45 is way too much

[@xfiles0082]

80 plus shipping unless ordered a second pair at 20% off. Still pretty pricey while the cost of one pair is $7. Just greedy.

[@yon6102]

Barbara: I'm not in the show so im out

[@BiragovDetailing]

Robert got sharky tears 😄. But what an end!

[@britbritcritict2512]

Let's see who's dad has been thrown in jail the most

[@Cuckie1996]

The Dragon in the green dress is so annoying lol

[@hassaniqbal5326]

That was a really bad deal giving away almost of half of your company that too with a 2 dollar royalty. The shark milked the poor guy like anything!

[@Xvert78]

2$ royalty is too much man

[@ebensakyi]

This AI lady😂

[@nasrick]

This robert

[@PutnameHere-fj1ke]

The royalties was over the top for this deal, they could have done it without it because they only have to move 25,000 units for their $12,500 investment to be paid back., $2 split by 4 for 12500. This can go 3 ways. Bad marketing doesn't make sales, or good marketing and makes millions, or license. This guy could have kept way more for $50k, but he'll find out if his going to makeillions sooner I guess. Easiest 3million he'll make on shopping channels.

[@pahcsva]

No one deserves to have 45% of their business taken over by anyone just because they have money.

[@cchavezjr7]

No one has to agree to any deal they don't want to.

[@pahcsva]

@@cchavezjr7 most business owners wouldn’t take it. But greedy investors offering more than 25%+ aren’t doing it to help that business they are doing it to stay rich.

[@cchavezjr7]

@@pahcsva How do you think investors make money? It's always about getting the most ownership for the lowest price. Again, nobody forces any business owner to accept the offers.

[@nouveaurichewigs7514]

The guy isn't a business savvy person. Sigh, he should of asked for more money, reduced it to 30 or 35% and the royalty would end after the sharks got their money back. He got ripped off abd he needs to reduce the cost of his product to $49.99

[@littlejonathorn6860]

And I love ❤️ Sabrra Hummus!!!

[@mrhaltonok]

Guacamole still has a better texture though

[@NiX_aKi]

Great product but a way too high margin

[@MartyWoods-fu5cy]

Tooling for something like this is $60000. If you don't understand business, it's probably time you educate yourself. Do you question Nike products? Big brands? They pay next to nothing for cheap labour.