Shark Tank US | Peter Jones Makes A Shocking Offer To Long Wharf Supply Co.

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Sony Pictures Television

Sony Pictures Television

Жыл бұрын

Lauren and Mike Lamagna are seeking $375k for a 15% stake in their company Long Wharf Supply Co.
From Season 13 Episode 2
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About Shark Tank: The Sharks - tough, self-made, multi-millionaire and billionaire tycoons - continue their search to invest in the best businesses and products that America has to offer. The Sharks will once again give people from all walks of life the chance to chase the American dream and potentially secure business deals that could make them millionaires.
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Shark Tank US | Peter Jones Makes A Shocking Offer To Long Wharf Supply Co.
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Пікірлер: 1 000
@EasyRider247
@EasyRider247 Жыл бұрын
“You’ve got oysters, you’ve got some water bottles, you have no sales” lmao Kevin’s honesty is amazing
@Matrix050505
@Matrix050505 Жыл бұрын
he just said he sold 495.000$ in revenue the last 12 months
@pepsico815
@pepsico815 Жыл бұрын
These people are delusional if they think customers can afford a $120+ sweater
@ihkeseteeietos5722
@ihkeseteeietos5722 Жыл бұрын
Damn these Kevin's fans bots are quick
@Arthuur9
@Arthuur9 Жыл бұрын
Kevin is sometimes amazing. But in this episode he seemed greedy
@wex9210
@wex9210 Жыл бұрын
FraudTX O'Lie'ary
@anakinjmanu
@anakinjmanu Жыл бұрын
The audacity to say that his sister is making the decision on that one. She's so incredibly mature to not say no we'll take the deal
@sycamore-tree540
@sycamore-tree540 Жыл бұрын
Right, he literally has all the equity but doesn't want to own the decision?? 💀
@pbfoley
@pbfoley Жыл бұрын
It would have been incredibly immature to say that. Why would you ever think that as a possibility?
@iinntthhuu
@iinntthhuu Жыл бұрын
He was obviously joking. That's just how siblings are, they trolll each other
@anakinjmanu
@anakinjmanu Жыл бұрын
@@iinntthhuu well ones things for sure never go into business with family.
@MRVIDEOMASTER-yw1qw
@MRVIDEOMASTER-yw1qw Жыл бұрын
God loves you all! The Father sent the Son to die for you and your sins so that you could experience freedom to the fullest! Believe in Christ's death and resurrection (which sealed the work done on the cross) for your salvation and the forgiveness of sins! Amen! God loves you all! The Father sent the Son to die for you and your sins so that you could experience freedom to the fullest! Believe in Christ's death and resurrection (which sealed the work done on the cross) for your salvation and the forgiveness of sins! Amen!
@sirlionel3381
@sirlionel3381 Жыл бұрын
Peter Needs to be here permanently. He is the only person who can compete properly with Mark Cuban as a billionare
@GuessTheSongMS
@GuessTheSongMS Жыл бұрын
Peter also has that unique perspective that adds SO much more to the dynamic
@OperaJH
@OperaJH Жыл бұрын
Absolutely! He’s just great businessman, puts his money where his mouth is, engaging and a sly fox with a cheeky grin. He would be refreshing!
@unemployedgringo
@unemployedgringo Жыл бұрын
Peter has also been doing dragons den since 2-3 years before shark tank first aired. He's an absolute veteran.
@ch-p2861
@ch-p2861 Жыл бұрын
Agree
@purpleraider8105
@purpleraider8105 3 ай бұрын
Sorry bud he's ours. He's a Dragon not a Shark
@venaautos
@venaautos Жыл бұрын
"You lost 55% in 1 minute" Damn Daymon has me cracking up! 🤣
@JustMe-fo4ev
@JustMe-fo4ev Жыл бұрын
I love how Peter bullied this guy into having to offer equity on tv, then made his own offer high enough so the guy couldn't have controlling stake if he took it lol
@bazalinco
@bazalinco Жыл бұрын
If he gave her 20% he probably would've only asked for 35%. He prob realised he could work well with the sister but not so much him, so wanted to make sure the two of them could out-vote him if they needed.
@thealien_ali3382
@thealien_ali3382 Жыл бұрын
Peter is always greedy
@iwishiwasthomasshelby
@iwishiwasthomasshelby Жыл бұрын
And the fact he has controlling stake, he can rip this guy’s shares and give to the sister.
@iwishiwasthomasshelby
@iwishiwasthomasshelby 11 ай бұрын
@Nash thanks
@DJcyberslash
@DJcyberslash 11 ай бұрын
​@@bazalinco he would of asked for a matching equity share to the brother so 40%.
@commanderkeen3787
@commanderkeen3787 Жыл бұрын
Perfect example of good business, bad entrepreneur. That guy was just a massive collection of red flags. If he treats his own sister like that, imagine how he treats strangers
@tooflesstesla
@tooflesstesla Жыл бұрын
Absolutely. If they grow, imagine how he would treat employees. Not an inspiring leader to work with.
@maxnator
@maxnator Жыл бұрын
Show me a good entrepreneur that is successful and built a big business
@rithviksirugudi1437
@rithviksirugudi1437 Жыл бұрын
@@maxnator Ratan Naval Tata. If you don't know him, search him up. He is really nice guy at the same time very successful and has built a big business.
@swarnavabanerjee4112
@swarnavabanerjee4112 Жыл бұрын
it's his sister ,who are you to judge
@swarnavabanerjee4112
@swarnavabanerjee4112 Жыл бұрын
@@rithviksirugudi1437 This guy is not bad though they are just hating
@kuldipmaharjan
@kuldipmaharjan Жыл бұрын
his sister deserves more than 10% the fact that he didnt even think of giving fair share to his sister speaks volumes
@stephenash7018
@stephenash7018 Жыл бұрын
It’s probably all his money that was invested. She’s just his employee
@omaralosaimi8146
@omaralosaimi8146 Жыл бұрын
nah its his money she works for him
@kuldipmaharjan
@kuldipmaharjan Жыл бұрын
@@omaralosaimi8146 she said she has full time job separately. How do you know she is getting paid fairly??
@jordanmt007
@jordanmt007 Жыл бұрын
From comments like these, I can see that you would run your business on emotions. She has a FT time job and works with him on the weekends. More likely than not he probably invested 100% … she is his employee. Possibly intern.
@kuldipmaharjan
@kuldipmaharjan Жыл бұрын
@@jordanmt007 an intern who is almost or more fluent on the business as the owner? Also they never said she is getting paid.
@TigerLeeYT
@TigerLeeYT Жыл бұрын
Lori said it best, the golden opportunity was when Mark asked if they could make a less expensive T-Shirt and if he had said yes he probably would've gotten an offer from Mark & Lori for maybe 30-40% which would've changed their life forever. Honestly the sister seemed far more competent and I think if the guy had just shut up and allowed the sister to do the negotiations I think they would've made a deal. Massive missed opportunity.
@walkiDr
@walkiDr Жыл бұрын
Good idea Some one can make a busineetand sell to mark and lori
@johnwebster5740
@johnwebster5740 Жыл бұрын
True
@ReggieK-hn1uy
@ReggieK-hn1uy Жыл бұрын
Agreed, the only one that had any business sense is the sister ironically, yet Coco own's 100% of the business that will likely stay as a small business at best, he should really have shut up and let his sister handle it all, far more competent.
@Lommy9999
@Lommy9999 Жыл бұрын
I think it is stressful to be on the show and people don't always know how to react correctly on the spot
@scottycranwell283
@scottycranwell283 11 ай бұрын
Hear hear!!
@invincible7463
@invincible7463 Жыл бұрын
He threw his sister under the bus at the end to say no then had her working without partnership. Class act
@DJcyberslash
@DJcyberslash 11 ай бұрын
How the hell is lifting her up giving her the power to make a big decision throwing her under the bus?? I guess a promotion at work is your boss throwing you under the bus too huh.
@Ahnilationz
@Ahnilationz 9 ай бұрын
@@DJcyberslashhe didnt give her power he was just scared to say no himself get a brain
@tbprofile1295
@tbprofile1295 7 ай бұрын
He was just joking around.
@killerdiva7771
@killerdiva7771 5 ай бұрын
@@DJcyberslashby her reaction its pretty clear that it was his decision and he just threw her under the bus to make himself look less stingy
@jjyiz28
@jjyiz28 5 ай бұрын
you must be a single child
@LV2UJC-FM
@LV2UJC-FM Жыл бұрын
I like Mark's idea of making a T-shirt everyone could afford and feel good knowing you're helping to clean the oceans of plastics and debris. It's so sad what's been done to this once beautiful earth.
@maxwellblackwell5045
@maxwellblackwell5045 Жыл бұрын
Any clothes made of plastic are leaching microplastics into the water. Clothes should be made of organic materials only.
@israelhernandez5431
@israelhernandez5431 Жыл бұрын
The earth was designed to clean itself
@maxwellblackwell5045
@maxwellblackwell5045 Жыл бұрын
@@israelhernandez5431 that's not how it works..
@mrpoohead2654
@mrpoohead2654 Жыл бұрын
We are all typing our replies on here with devices that contain a lot of plastic that will one day end up in landfill or discarded in the environment. We are part of the problem.
@maxwellblackwell5045
@maxwellblackwell5045 Жыл бұрын
@@mrpoohead2654 you just have to recycle. Unrecyclable plastic can be burned to make electricity. When done right it only produces CO2 and water vapor. If power plants were built right we could recaptured the CO2 and water. It just costs more to build the plants. We have the technology for green fossil fuels. It's just expensive and people want to grift and make money on solar panels and wind plants. It's not as much profit in green fossil fuels. It's possible and would be a plentiful source of power.
@coletadlock4323
@coletadlock4323 Жыл бұрын
Why did he have to say that is was "Lauren's decision" at the end? After they just discussed it right there, in front of everyone. That guy Mike is not a leader or a partner. Yikes
@relekguy5465
@relekguy5465 Жыл бұрын
Yup....he threw her under the bus. He was the one whispering to her and when she nodded he said she made the decision 🤣🤣🤣
@Crazea
@Crazea Жыл бұрын
I took it as he was giving her some credit, probably for the 1st time ever lol.
@tooflesstesla
@tooflesstesla Жыл бұрын
Absolutely. If they grow, imagine how he would treat employees. Not an inspiring leader to work with.
@SireneKalypso
@SireneKalypso Жыл бұрын
Why does he have to be the leader? What if Lauren is the leader?
@munnat8073
@munnat8073 Жыл бұрын
its a joke ...its his sister....smh
@whathuh6965
@whathuh6965 Жыл бұрын
I love his Sister, and for him not to even ponder, consider, or fathom a thought of giving her equity is beyond me and shows his true nature.
@alistairlewis2461
@alistairlewis2461 Жыл бұрын
And a very great reason not to invest. That attitude is a failure. Any way you analyse it
@danielionanov5620
@danielionanov5620 Жыл бұрын
I wouldn't think about it either tbh
@DigitalNomadInvestor
@DigitalNomadInvestor Жыл бұрын
He should have given her more and before they came on Shark Tank. Giving her equity because he's backed into a corner isn't noble at all, it's greedy.
@seannewman8542
@seannewman8542 Жыл бұрын
Perhaps, it's beyond you because you don't quite understand how a small family business works. She is a part-time employee. Why would he give her a percentage? I've worked for family members before, and put in way more time and effort than they did, but never asked for a share. I didn't invest the capital, take the risk, come up with the idea, do the research, file the paperwork, etc. I worked for a salary, just like any other employee. That's how it works in the real world. She is obviously a better salesperson than he is, which is probably why he brought her to the pitch. It's nice that she wants to support her brother's business, but that alone is not worth 10% of HIS company. It's shameful to have put them both on the spot like that.
@claiminglight
@claiminglight Жыл бұрын
@@seannewman8542 Well, for what it's worth, there's noooo way he actually gave her that slice. No way.
@BookofMagicSpells
@BookofMagicSpells Жыл бұрын
She is a star and they all saw it - big mistake not giving her more of a piece before hand
@theblackflame4002
@theblackflame4002 Жыл бұрын
They'd also have been better off with her doing a lot more talking. She's obviously the more savvy of the two of them
@noelr1010
@noelr1010 Жыл бұрын
Yeah she's definitely sharper. She must really love her brother to have been working for Free .99
@RedezBash
@RedezBash Жыл бұрын
@@theblackflame4002 it doesn’t matter who’s smarter in this situation it matters who’s more willing to do public speaking
@JakeLYT
@JakeLYT Жыл бұрын
Imagine if they came in as equal partners then gave up a third to Mark and Lori. Guaranteed success both personally and for the environment.
@Hersonmaya
@Hersonmaya Жыл бұрын
Does she say that she works for free? Maybe her brother pays her really good
@HappyHappyPanda88
@HappyHappyPanda88 Жыл бұрын
This guy tries so hard to come up with a story that he cares about the planet and environment but all I see is that he only cares about himself and the money. Makes the sister work for him for free.
@robinabernathy2829
@robinabernathy2829 Жыл бұрын
Pretty sure he doesn't make her do anything. If she has an issue she doesn't have to be a part of it. They can try to shame the guy all the way but I'm sure behind closed doors dude isn't parting with anything.
@mrhumble2937
@mrhumble2937 Жыл бұрын
Oh ok judge a guy off a 10 min clip 🤣
@TheMachineRoblox
@TheMachineRoblox Жыл бұрын
Who said she works for him for free? She could be payed weekly for all you know. I really don’t understand why people make the most obnoxious assumptions
@commanderkeen3787
@commanderkeen3787 Жыл бұрын
Yeah the way he grabs her head and shakes it at the start of the clip... even if that was rehearsed, it's just weird
@HappyHappyPanda88
@HappyHappyPanda88 Жыл бұрын
@@mrhumble2937 "Lauren's made the decision on this one" 🤣 As the owner that owns 90% of the company, threw his sister under the bus the first chance he gets. Shows a lot of character. If you really want the deal, I think ok, just my opinion, your 90% can overide her 10%. Just maybe. AND her 10% is not even official yet.
@Amm17ar
@Amm17ar Жыл бұрын
This guy is the type of guy to say hes giving his sister 10% and then back out as soon as they step out of the tank. If he really valued her contribution he would have given her a share long before now. I could completely see this guy putting his own financial greediness over family, especially if the company got big.
@alfonsgrizzly5558
@alfonsgrizzly5558 Жыл бұрын
He would never give her a share..of the company it grow big, let say 100 million comapany , then he would buy himself sportscars... MClaren, Bugatti, and his sister could work for him on a normal wage and he would remaind her to be thankfull that he is such a good brother.
@franzka9824
@franzka9824 Жыл бұрын
@@alfonsgrizzly5558 what bs is this .. simply hating
@naflash8883
@naflash8883 Жыл бұрын
So much words when you have no idea what’s going on in the background, I can see your lack of comprehension
@iwishiwasthomasshelby
@iwishiwasthomasshelby Жыл бұрын
He deserves a good old fashioned backhand. This is an outrage.
@Will-ck7hi
@Will-ck7hi 11 ай бұрын
@@iwishiwasthomasshelby lol ok mom
@monkey220ms
@monkey220ms Жыл бұрын
The brother at the end is thinking like "uhhh no, I just did that for TV you are NOT getting 10%" 😂
@hanzmacdonald9532
@hanzmacdonald9532 Жыл бұрын
Brother gonna be like 'you can have 10% on opposites day'
@sushimamba4281
@sushimamba4281 Жыл бұрын
Yep, he's gonna say, "Hey sis, I had my fingers crossed when I said that."
@danielholden-zd5fy
@danielholden-zd5fy Жыл бұрын
that business would die instantly without her, shes pretty awesome.
@warriormanmaxx8991
@warriormanmaxx8991 Жыл бұрын
@monkey220ms - 1. since when do you know what people are thinking?!? 2. do you (ahem) "fib" much in daily life, too?
@FLA5H_GG
@FLA5H_GG Жыл бұрын
It’s honestly crazy how she is 1 of 2 managing the company, comes to shark tank, and she’s his sister, but she had no equity?
@DyNaStYCaRl
@DyNaStYCaRl Жыл бұрын
She shouldn't have equity unless she put money into the business. It's financially better to just pay her a salary Though if she is putting in the effort, as much as he is, I would have given her an unconventional 50% of the company, but every time they spend equity, they both lose the same. So if somebody come's on board for 10%, they both take 5% from their share
@fos1451
@fos1451 Жыл бұрын
I assume she’s paid a salary since she work in the business but doesn’t put any money into it
@franzka9824
@franzka9824 Жыл бұрын
how tf u know she is 1 of two managing. she has a full time job and seems better at speaking thats why came
@nikkis8102
@nikkis8102 11 ай бұрын
@@fos1451 No assumption needed. He would have said that but he didn't
@kingcecil7126
@kingcecil7126 10 ай бұрын
This is a guy who will talk his way out of success and into failure
@William_Cheese
@William_Cheese Жыл бұрын
"The British are coming" LOL
@user_not_addicted
@user_not_addicted Жыл бұрын
Wowzaaa !!>
@miamitten1123
@miamitten1123 Жыл бұрын
@@user_not_addicted yeahhhh
@AyyEmbo
@AyyEmbo Жыл бұрын
You know it 🔥
@abdus-shakoorsaffodien6786
@abdus-shakoorsaffodien6786 Жыл бұрын
"Peter just got you 10% of the company".. Yeah, the brother is probably thinking "nothing was signed so psssht"
@acesofglory
@acesofglory Жыл бұрын
That poor sister. She deserves the world.
@iwishiwasthomasshelby
@iwishiwasthomasshelby Жыл бұрын
I would marry the sister.
@ch-p2861
@ch-p2861 Жыл бұрын
8:00 Peter Jones just hitting the nail on the absolute head. He sees right through it. That’s experience talking!
@estebantapia9659
@estebantapia9659 Жыл бұрын
Who else loved Mr. Wonderful laying back hoping for this pitch to be over? 10:31
@jasminecontreras7341
@jasminecontreras7341 11 ай бұрын
Nice catch 😂
@jerryrosales8106
@jerryrosales8106 Жыл бұрын
5:09 did he call him “Mr wonderwolf” ? 🤣
@matevzbanko1395
@matevzbanko1395 Жыл бұрын
Haha, he did 😄
@chiranthanmr
@chiranthanmr Жыл бұрын
Daymond is like, " I wanna do so much about the environment but I'm out"
@cooldawg2009
@cooldawg2009 Жыл бұрын
Lol trueee Wonder what his daughter thinks after seeing that…
@ViewinDrew
@ViewinDrew Жыл бұрын
😂
@chiranthanmr
@chiranthanmr Жыл бұрын
@@cooldawg2009 I think he's banned Shark tank using parental controls
@samwright285
@samwright285 Жыл бұрын
Don’t know why he came up with the dumb daughter story
@Amm17ar
@Amm17ar Жыл бұрын
Clear example of because I care about something, doesnt mean I let that cloud a business decision. It was smart imo.
@mothernaturesapothecary
@mothernaturesapothecary 9 ай бұрын
Mark made an incredible point about making affordable pieces that almost everyone could get behind. Most people cannot afford a $130 sweater.
@MrBroady02
@MrBroady02 Жыл бұрын
I'd certainly rather walk away with 45% of something good, than 90% of a dream.
@9753zing
@9753zing Жыл бұрын
I would have trouble trusting anyone that didn’t want to give their sibling equity for the work she put in. Peter was smart. He ascertained how much he would give to his sister. Then split the difference down the middle so he would be equal with him. Shrewd business if it went through
@danielpak7264
@danielpak7264 Жыл бұрын
The sister is so nice and loving to her brother wow
@danielpak7264
@danielpak7264 Жыл бұрын
Mark gets straight to the point! He is very smart
@OperaJH
@OperaJH Жыл бұрын
More Peter Jones in the Tank, please!
@centralprocessingunit7431
@centralprocessingunit7431 3 ай бұрын
he cant. dragon has a den expecting him on hour.
@nokia9510
@nokia9510 Жыл бұрын
I really doubt this brother will give his sister 10% after not getting a deal. He looks fake
@timbunyon1
@timbunyon1 Жыл бұрын
I'm sure the investor would have made sure in was in the agreement that she would get her share
@triparadox.c
@triparadox.c Жыл бұрын
@@timbunyon1 There was no deal going on, so everything fell apart. Who's there to make sure the 'deal' between the sister and brother went thru? Even a "yes" deal from those investors can turn to "no" during the paperwork.
@warriormanmaxx8991
@warriormanmaxx8991 Жыл бұрын
Hey @nokia9510 - do you "doubt" much in daily life, too? judgmental, too?!? ehhh?
Жыл бұрын
Barbra: I'm not even here, so for that reason, I'm out.
@jasonmack8964
@jasonmack8964 Жыл бұрын
🤣
@yooo4196
@yooo4196 Жыл бұрын
Not funny same repetitive joke
@tenzing2090
@tenzing2090 Жыл бұрын
Barbara living rent free in your head
@bloxer9563
@bloxer9563 Жыл бұрын
@@yooo4196 🌚
@ziokeye2679
@ziokeye2679 Жыл бұрын
Give it a rest 🙄
@jackw8338
@jackw8338 Жыл бұрын
Gives her no equity, visibly unhappy when the issue is pressed, says he will give her 10% but probably won’t follow through, throws her under the bus for the decision. What a greedy PoS.
@zeemya5951
@zeemya5951 10 ай бұрын
More Peter on this is needed
@sallystories
@sallystories Жыл бұрын
The brother can’t stop tearing down the sister, first by not giving her any equity at all and then grinding his teeth when being told to give her equity, then throwing her under the bus saying the rejection of the offer was her idea? Tf?
@thebastardgift
@thebastardgift Жыл бұрын
It was so clear what he whispered in her ear and when the sharks asked for his sales, he did not want to answer. He's manipulative.
@LeahBreHappy
@LeahBreHappy Жыл бұрын
He's probably a narcissist and she's the enabler
@triparadox.c
@triparadox.c Жыл бұрын
@@LeahBreHappy What does that have anything to do with being narcissist? Bruh, all that tells us is he has no backbone. That's all.
@bazalinco
@bazalinco Жыл бұрын
The brother was dreading the equity conversation for a while. He was thinking his sister would ask for a lot more. When she said 10% he bit her hand off.
@TheGreatEagle_
@TheGreatEagle_ Жыл бұрын
He definitely did NOT. Give her that 10% of the company 😂
@matro2
@matro2 Жыл бұрын
He shouldn't have to. Peter Jones has no right demanding he should.
@veledwin1
@veledwin1 Жыл бұрын
​​@@matro2 He definitely DOES have to. Peter Jones said what literally everyone else but you is saying. And she deserved more than 10%.
@ericlsanchez
@ericlsanchez Жыл бұрын
Kevin trying to smell the oysters hahahahaha
@Mr_Dreamer007
@Mr_Dreamer007 Жыл бұрын
7:16 is this guy nuts? 💀 MARK was definitely gave him good deal yet he sound like just those old owners who don't wanna make any change at all ..why not any flexibility?? And T-shirt ideas was reallyyy greatt
@AINEET
@AINEET Жыл бұрын
She seems better equipped as CEO than he is
@Ivan.A.Trulyuski
@Ivan.A.Trulyuski Жыл бұрын
Personally, I would think the business would be better suited to sell the material to other clothing companies. Instead of focusing on sweaters, focus on the recycled fabric.
@moresellthedips
@moresellthedips Жыл бұрын
Core values, it was his idea he set it up, sister helped, its family business, you dot give out equity in family business and there Italians, loyalty to the family is everything
@iinarrab19
@iinarrab19 Жыл бұрын
This is the funny thing about brands that do this -- saving the planet thing, it's so expensive most of the time.
@PittheadX
@PittheadX 10 ай бұрын
You can see he's a selfish stuck-up guy who tried slaving everyone around, especially his sister. You can see the nervousness and dread in her eyes. She definitely isn't a happy camper around him and probably blackmailed her into working under him.
@hyperion808gaming7
@hyperion808gaming7 Жыл бұрын
if they took the deal, the guy would have been equal partners with peter. both would have 45% since he would be giving away 10% to his sister
@jpv2101
@jpv2101 Жыл бұрын
No not really. Thats not how it works. All existing shareholders are diluted equally: Peter: 45% Sister: 5.5% Brother: 49.5%
@jamesjohnson5043
@jamesjohnson5043 Жыл бұрын
@@jpv2101 how?
@Chronic0420
@Chronic0420 Жыл бұрын
If he had countered with 40 he would still have 50 percent and a deal
@Crazea
@Crazea Жыл бұрын
@@Chronic0420 Not so sure about that, I think the offer was purposely made to have equal shares. But who knows...
@DyNaStYCaRl
@DyNaStYCaRl Жыл бұрын
​@@jpv2101 That's not true. You can't spend another shareholders equity without talking it over with them The OP was right
@AsHS7
@AsHS7 Жыл бұрын
1. The initial investment for the company probably came from the guy, and that's why he owns the 100% of it. But his sister has all her heart and hard work in the company too. So she deserves good stake of the company too. 2. Yeah he seems bit selfish but he's absolutely right to decline the offer. Giving up 45% equity makes no sense. 3. Mark was totally right about creating a product that most people can afford, help clean up the planet, and be proud of it. I think they are trying to present this as a premium brand, but instead they should focus on being a Green brand.
@bryson5628
@bryson5628 Жыл бұрын
Or segmenting into other markets or products under other brand identities
@divad23
@divad23 Жыл бұрын
As far as I understand from what was shown, he came up with the company so of course has 100%. Sister has a full time job and working on the side (regardless of her “passion”). I’m sure if she quit her full time job then they would have discussed it, but obviously this venture wasn’t at a point where she felt comfortable taking the leap to quit. I don’t know why it’s such a big deal but good for drama.
@Yunhomatata
@Yunhomatata Жыл бұрын
I bet as soon as they walked out the room he backtracked on that 10% too.
@ratuldeoun7228
@ratuldeoun7228 Жыл бұрын
Peter should've made a offer where all three of them are equal partners at 33.33% 🤦🏽‍♂️
@miamitten1123
@miamitten1123 Жыл бұрын
Who gets the 0.01%?
@bazalinco
@bazalinco Жыл бұрын
That's dumb. The brother has probably bankrolled it, while the sister has probably put in no money. just time.
@Joshchaps
@Joshchaps Жыл бұрын
That "salty siblings" moment was a little sus
@muazazemi8459
@muazazemi8459 Жыл бұрын
That 9:32 Daymond “Uhhh! & Kevin “Yauzaaa!” 😂
@amanciber11
@amanciber11 Жыл бұрын
I can't believe she asked for only 10%...Hope this guy give her what she deserves.
@omnientertainment5852
@omnientertainment5852 Жыл бұрын
She’s full time somewhere else, she doesn’t need the headache.
@jasmoniqueware6398
@jasmoniqueware6398 10 ай бұрын
​@@omnientertainment5852 He has her working mornings, night, AND weekends. Probably already got one.
@lus
@lus Жыл бұрын
10%. She deserves more.
@jcm7910
@jcm7910 Жыл бұрын
Yup brother showed he doesn't care. She's clearly the level headed one and has just as much or even more dedication than him. For that reason I'd never buy his product dudes a dick
@ryant1648
@ryant1648 Жыл бұрын
You have no idea what she does for the company
@JAB2010
@JAB2010 Жыл бұрын
@@ryant1648 and you have no idea what he does. His role might be overstated.
@kogidev7257
@kogidev7257 Жыл бұрын
@@JAB2010 Hence they isn't opening their mouth and saying something stupid. Maybe you should try it?
@ryant1648
@ryant1648 Жыл бұрын
@@JAB2010 I know he founded the company
@theempire00
@theempire00 Жыл бұрын
The brother ruined it 😢
@callumosullivan7546
@callumosullivan7546 Жыл бұрын
It was a terrible deal you fool
@gmil4172
@gmil4172 Жыл бұрын
Me: I'm superman, I've saved the planet countless times unselfishly... Mr. Wonderful: let's talk about your sales
@user-sh8kc4kz2h
@user-sh8kc4kz2h Жыл бұрын
They are there to make money and successful business. All that matters is their sales.
@gmil4172
@gmil4172 Жыл бұрын
@@user-sh8kc4kz2hI completely agree with you, just a little humor makes life more enjoyable.
@cooldawg2009
@cooldawg2009 Жыл бұрын
It’s Shark Tank, not Superhero Tank…
@JohnWickz793
@JohnWickz793 Жыл бұрын
45% is way to much the sharks know what they be doing sometimes it’s a word that Kevin calls “Greedy “😂😂😂
@user-tq3ud9zi7w
@user-tq3ud9zi7w Жыл бұрын
WOW they had the chance to be millionaires and didn't take it, they are going to look back at this moment and regret it forever.
@denzelcasabuena3148
@denzelcasabuena3148 Жыл бұрын
he whispered first and then told the sharks it was her sister's decision was proof this guy is a horrible selfish entrepreneur throwing her under the bus (the surprised reaction says it all). the fact that she doesn't even have a share of the company but equally dedicated to Long Wharf and even accompanied him as they face the sharks is incredulously pitiful. The man is ambitious and greedy at the same time - the product is good, though, but the owner's character isn't. ..
@AquaticBagpipe
@AquaticBagpipe 5 ай бұрын
"Cause I wanna clean up the world, daddy" - definitely a legit story that actually happened.
@thesmithersy
@thesmithersy 5 ай бұрын
Well you can get rich kids who want to do a normal job rather than ride the trust fund
@user-mt3zz7hk2e
@user-mt3zz7hk2e 4 ай бұрын
What a great Sister! Shes so humble to ask for 10%.
@ch-p2861
@ch-p2861 Жыл бұрын
We want more Peter Jones!
@iwishiwasthomasshelby
@iwishiwasthomasshelby Жыл бұрын
Which one is Peter Jones?
@ch-p2861
@ch-p2861 10 ай бұрын
@@iwishiwasthomasshelby The British one in the thumbnail.
@peterd788
@peterd788 8 ай бұрын
@@iwishiwasthomasshelby The tall British billionaire.
@mikelytou
@mikelytou Жыл бұрын
It's pretty obvious Peter absolutely HATED mike's guts and he was only going to do this if he could have a controlling share with his sister. I hope they're doing well, it'd be a shame if this company died.
@shudafa
@shudafa 10 ай бұрын
Yeap you a genius
@jb-qy7hx
@jb-qy7hx 8 ай бұрын
you must've not paid much attention in math class
@floch954
@floch954 4 ай бұрын
@@jb-qy7hx what? Peter's 45% and the sister's 10% would be 55% so a controlling share combined as the guy said
@karanabraham7906
@karanabraham7906 8 ай бұрын
Bruh Peter snaked this guy so hard💀😂
@theoverlord1925
@theoverlord1925 7 ай бұрын
Joey gonna end up back on the lobster boats real soon….
@aaronm4243
@aaronm4243 Жыл бұрын
The brother just needed to let the sister do the talking 🤦‍♂️
@hearmenow909
@hearmenow909 Ай бұрын
He needs to lose his ego.
@iinarrab19
@iinarrab19 Жыл бұрын
It is so funny to me that Dragons Den deals are usually way lower (e.g. 40K for 10-20% stake) yet Peter asks for a lot lmao
@klaeLIFE
@klaeLIFE Жыл бұрын
They should have countered and asked that he take the 45% but once he has recouped his investment he transfers 15% back to his sister meaning Mike has 45%, Peter 30% and Lauren 25%.
@albertoalves1063
@albertoalves1063 Жыл бұрын
How he had his sister working with him and don't already gave to her some equity? This is the type of entrepreneur that I wouldn't ever make deal. beside the fact that he just want follows his ideas and is not open to new ones.
@fos1451
@fos1451 Жыл бұрын
Maybe because his sister isn’t putting any money in the company? I would assume she gets a salary from the company, so she doesn’t work for free, but since she isn’t putting any money she doesn’t just get the company for free. There’s also a reason why she only (force by shark tank) to ask for 10%, a small amount, probably because she doesn’t actually do much of the work
@noelr1010
@noelr1010 Жыл бұрын
@@fos1451 And you know this how? She's talking about working nights and weekends after her job, that alone implies she's invested into the company. Her being family and doing that alone should have been reason enough to have equity without even asking for it.
@thealien_ali3382
@thealien_ali3382 Жыл бұрын
Screws his sister over
@Kkayoodle
@Kkayoodle 6 ай бұрын
This guy should have insisted his sister take at least 25-33 1/3%. Cause Peter was baiting him to see what kinda guy he was. Peter based his deal on what equity the guy kept!😂
@jamesg7016
@jamesg7016 Жыл бұрын
Good luck trying to find information about the factory where these are made.
@matthewnoble7768
@matthewnoble7768 5 ай бұрын
I'm English. First time I've seen the US version of what we call Dragons Den. Our version is slower-paced, for sure. I quite like this US version though. Just don't understand why they need to put the little label to clarify the offers and counter-offers. That's funny to me.
@ianyname1736
@ianyname1736 2 ай бұрын
Daymond yapping , telling this cute story just to say "I'm out" at the end killed me :D
@layla_lovee
@layla_lovee Жыл бұрын
Lol “The British are coming” 😂
@Mindereak
@Mindereak Жыл бұрын
rofl, he made him give her equity and then made an offer which would end up giving him majority shares.
@ApolloPlanetary
@ApolloPlanetary Жыл бұрын
Big brain move. Thanks for point this out, I didn’t even notice.
@avajones97
@avajones97 Жыл бұрын
nope, they'd have equal shares.
@Mindereak
@Mindereak Жыл бұрын
@@avajones97 you are right
@SmokeDog1871
@SmokeDog1871 9 ай бұрын
Based on that last flabbergasted look I seriously doubt he went through the deal to give his sister 10 percent
@DyNaStYCaRl
@DyNaStYCaRl Жыл бұрын
"Were walking away as winners" Except him lol
@noornasri5753
@noornasri5753 Жыл бұрын
Everyone jumping on the guy owning the whole company, she literally said she has a full time job while he's running the show. We don't know what compensation she gets for her work, and I'm sure she'd get money if he did well even without being part of the company. She's doing this as a side project, it doesn't mean she's not passionate or not essential, but who are we to tell them how to split up their business?
@richb1576
@richb1576 Жыл бұрын
I would not be so sure of that. I always thought my siblings would do right by me but when It came down to it thats not what happened.
@watchdealer11
@watchdealer11 Жыл бұрын
It would be different if it was just a friend but siblings, have to have a cut. I support some bum relatives just because they're my blood. I know it's wrong but there's something in me that just needs to keep the family name thriving.
@kevinblack7125
@kevinblack7125 Жыл бұрын
Agreed, it was so lame that they pryed on that right away, let alone at all
@sallystories
@sallystories Жыл бұрын
Rewatch this sales pitch. The guy is the reason everyone didn’t want to offer a deal and was so spineless he blamed his sister when they didn’t accept the one offer they were given. If she had done the talking, they would’ve likely had a deal with Mark and Lori.
@mrhumble2937
@mrhumble2937 Жыл бұрын
People on the internet think they know what they are talking about with no information.
@memedewd1508
@memedewd1508 Жыл бұрын
$150 for a sweater. 🙂
@B-RaDD
@B-RaDD Жыл бұрын
Or you can give $39 to companies that continue to deplete the planet
@lewis93156
@lewis93156 4 ай бұрын
Peter sitting there thinking how eccentric and flamboyant these americans are😂 dragons den is far better!
@Musclehustlerz
@Musclehustlerz Жыл бұрын
Rars YES PETER JONES mans on shark tank yana... "whips up a coffee & rolls a spliff ready to kick a shark tank session" 👏🏽👏🏽👏🏽
@crisdlf
@crisdlf 10 ай бұрын
Sad to see a greedy brother and an awesome sister paired up. She deserves more than 10%!!!
@ndwerashinha3511
@ndwerashinha3511 5 ай бұрын
She must have thought a lot before asking 10%
@nickkarras3904
@nickkarras3904 Жыл бұрын
The fact the brother didn’t even give her a percentage off the bat…
@hotdogs5265
@hotdogs5265 Жыл бұрын
Do natural oysters and natural wool to contaminate it will melted down transmission and brake fluid bottles
@silvergold2140
@silvergold2140 11 ай бұрын
Love Him Or Hate Him?? Kevin, Mr. Wonderful.. Is Honest, sometimes brutally honest.. that i Really Respect..
@joshblank1
@joshblank1 8 ай бұрын
This entrepreneur is delusional. He only went up 10% from his original offer even though almost all Sharks left. His sister had zero percent equity. He ignored Mark’s and Lori’s T Shirt idea
@SmokeDog1871
@SmokeDog1871 9 ай бұрын
Guy is like the ultimate yuppie, from the hair to the clothes to the facial expression
@Silver1137
@Silver1137 7 ай бұрын
What a piece of work
@chriscone916
@chriscone916 11 ай бұрын
i must have missed, but how does using oyster shell in their product, put more oysters in the streams and oceans?
@bartsimpson7772
@bartsimpson7772 Жыл бұрын
the price of these sweaters floored me.
@Crazea
@Crazea Жыл бұрын
Only $128 for a regular sweater, what's the problem?
@chrisbooy
@chrisbooy Жыл бұрын
Peter would have been majority shareholder if they said yes
@MAC0071234
@MAC0071234 3 ай бұрын
"The British are coming!!" Dude literally just tried to divide and conquer and be the majority stake holder. Got flashback of East India Company. LMAO But seriously, the dude looked shady and Peter saw right through him and frankly with him having full control of the company, it would be very difficult as Mark Cuban found out. At least this way Peter and his sister could have made good decisions. And he definitely would have backed out of that 10% deal.
@celestialnubian
@celestialnubian Жыл бұрын
I've bookmarked these guys for when I'm buying apparel so yeah, there's a market.
@drmagnuslewis6098
@drmagnuslewis6098 Жыл бұрын
It amazes me how everyone in the comments ignores how much hard work and effort it takes to start a business. The guy must have endlessly spent a lot of his hard earned money on this, did all the research, found the manufacturing plant etc, which was why he owned the full company. We know nothing about his sister besides the fact that she is very likeable and energetic. Come on guys, be more reasonable
@awsumawstun
@awsumawstun Жыл бұрын
This guy really rubbed me the wrong way. I don’t think I trust him.
@duvalcorea3900
@duvalcorea3900 Жыл бұрын
Lol daymon got me on that one
@wayneerichsen
@wayneerichsen 3 ай бұрын
I work in the fishing industry, and we just put it all into fertiliser, oyster shells is good in the harden, i don't understand them saying it's bad.
@miamitten1123
@miamitten1123 Жыл бұрын
0:18 what’s with the rough hair ruffle!? I get that it’s a “sibling business vibe” but......Yikes 😬
@FusionDeveloper
@FusionDeveloper Жыл бұрын
Oyster Shell is sold as a calcium source for chickens.
@iluvhorseys95
@iluvhorseys95 Жыл бұрын
Awhhh Damen’s daughter is the best! ❤
@aituk
@aituk Жыл бұрын
He should've counter-offered 39% to Peter. Explained it as my sister gets 10% you get 39%, that still leaves me with 51%. Peter has said in the past he likes someone keeping a majority stake. Could've worked
@warriormanmaxx8991
@warriormanmaxx8991 Жыл бұрын
@aituk - 1. Peter refused 25%. 2. Peter "will not budge"(from 45%) 3. Are you a Monday morning quarterback, too, in daily life??
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