Shark Tank US | Sharks Are Shocked At The Cost Of The Smart Tire Company

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Sony Pictures Television

Sony Pictures Television

Жыл бұрын

Brian Yennie and Earl Cole are seeking $500k for a 2.5% stake in their company The Smart Tire Company.
From Season 13 Episode 10
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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 | Sharks Are Shocked At The Cost Of The Smart Tire Company
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Пікірлер: 1 100
@Clorisluta
@Clorisluta 6 сағат бұрын
I'm in my 50s and I'm more interested in investments that could set me up for retirement , I mean I've heard of people that netted hundreds of thousands during these crash, I listened to someone on a podcast who earned over $650K in less than a year, what's the strategy behind such returns?
@LancEthan
@LancEthan 6 сағат бұрын
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@catherinerea3569
@catherinerea3569 6 сағат бұрын
Keeping money in the bank is like paying banks and the Govemment. Here's how it works: The bank gives out your money as loan, and charge interest obviously higher than inflation rate, and then give you, the depositor, interest lower than inflation rate. That means net loss for you. That is why I prefer to invest, and on average, my advisor makes returns that always beats inflation!
@Otmangrey
@Otmangrey 6 сағат бұрын
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@catherinerea3569
@catherinerea3569 6 сағат бұрын
Svetlana Sarkisian Chowdhury a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
@SheilaAnnerego
@SheilaAnnerego 6 сағат бұрын
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@mrsir4315
@mrsir4315 Жыл бұрын
Dude really said at the end "I think if they understood the full business they would see alot of good here"....the sharks were literally begging them to explain thier business 😆 lol
@AngelaZelensky-me6wm
@AngelaZelensky-me6wm Жыл бұрын
And then he said "we know we're still going to raise alot of money and change the world" 😂 not a single lesson learned from this trip
@MickeysCorner
@MickeysCorner Жыл бұрын
There is no way 6,000 are waiting to drop 3k on a set of bike tires. And if you are selling a bike tire set for 3k, there is no way you will be selling a car tire for 800 each. These guys are liars. They say is costs 150-200 per pound? Why not know the number? What they meant to say is the tires cost them 800 to make for a car and they were going to sell them for 3k-5k each tire. 15k-25k per set of tires. All this tire business and they roll in on rubber tires. Idiots.
@brianhomskis1873
@brianhomskis1873 Жыл бұрын
@@MickeysCorner 3k on a tire bike set is fair if it’s the last tire set you’ll ever need to buy . Pays for its self pretty quick 🤷🏻‍♂️
@rodrigok1220
@rodrigok1220 Жыл бұрын
@@brianhomskis1873 considering a set of bike tires cost 50 to 75 dollars for a pair, it take you 30 years to break even. Also, they have to wrap that in rubber which would wear down and require either maintenance or a new set. Extremely bad use of money to buy these.
@joshuapeterson2366
@joshuapeterson2366 Жыл бұрын
@@rodrigok1220 ya I was going to say I’ve had my mountain bike for 15 years and I’ve only replaced the tires twice
@whatsadog2445
@whatsadog2445 Жыл бұрын
Mr Wonderful’s anger management classes really did wonders. I miss his "you're dead to me, get out"
@J040PL7
@J040PL7 Жыл бұрын
The" f*** you" was golden too 😂
@commanderkeen3787
@commanderkeen3787 Жыл бұрын
Surprised this pitch didn't send Kevin over the edge..... 20 million valuation and no sales
@chillkid1465
@chillkid1465 Жыл бұрын
If this worked I would try selling equity on my toe nail clippings $10k for 1%
@Hawkfeet
@Hawkfeet Жыл бұрын
Popo to me is my favourite
@tomdarko7012
@tomdarko7012 Жыл бұрын
​@J040PL7 To be fair that guy was an absolute dick and insulted Kevin first AFTER he gave him an offer
@kaydeedee1
@kaydeedee1 Жыл бұрын
Kevin really does seem like he’s been on some sort of healing journey and I’m here for it.
@J040PL7
@J040PL7 Жыл бұрын
Miss the blunt, crush your dreams, Kevin 😂
@Skillpointer10
@Skillpointer10 Жыл бұрын
Well his wife killed people so he has to
@Asad-hp3vr
@Asad-hp3vr Жыл бұрын
cuz of ftx lmao
@rbae
@rbae Жыл бұрын
I remember on one episode he said he had been taking anger management classes
@Cris022
@Cris022 Жыл бұрын
Ftx might have been a wakeup call 😂
@wassup4532
@wassup4532 Жыл бұрын
20 million valuation with no sales, awful costs, no business plan. It was kinda expected
@team3383
@team3383 Жыл бұрын
I'm an Engineer. I'm a serial Entrepreneur - We told Nasa everything we did and THEY believed us so YOU should too ! Right there you know they aren't the real deal. USD 800 for a bicycle tyre ! My bicycle isn't even worth that.
@rachmadsuhartono
@rachmadsuhartono Жыл бұрын
they're selling big vision
@wassup4532
@wassup4532 Жыл бұрын
@@team3383 Hard agree I never understood why they focused on the bicycle business. I think their product has way more future as an addon you get on cars since there is more margin for price in those and people are already spending thousands.
@team3383
@team3383 Жыл бұрын
@@wassup4532 Thats exactly WH I said that it's hard to believe them when they don't answer WHAT they do and WHO they are diretly, but only say - "We managed to sell the idea to the NASA" .... = NOT very credible or convincing. They weren't even able to come up with a viable business plan - As you have on the spur of the moment and it's not even your product !!! These guys are a laugh.
@smack80
@smack80 Жыл бұрын
​@@wassup4532 there are probably laws prohibiting you putting random materials in your car tires
@guzlemuzle
@guzlemuzle Жыл бұрын
when I was younger I asked my dad "Dad, why is asphalt better for roads than concrete" He said "its not, it's just cheaper"
@TommyMass
@TommyMass Жыл бұрын
best comment
@mobbs8229
@mobbs8229 Жыл бұрын
Reminds me of our science teacher. Except, we didn't ask, she told us: Electricity travels through gold better than iron. Lol
@pasta-and-heroin
@pasta-and-heroin Жыл бұрын
@@mobbs8229 can you explain why that is important? is iron more expensive than gold?
@marvingeorge8856
@marvingeorge8856 Жыл бұрын
@KingOverdose 💉💉 bruv, you're getting it mixed up, he said electricity travels faster through gold than iron
@mobbs8229
@mobbs8229 Жыл бұрын
@KingOverdose 💉💉 as in, none is going to use actual gold instead of iron. The same way the OP's dad...come on, don't make me explain the joke. XD
@ashishbarick
@ashishbarick 11 ай бұрын
I loved how Kevin controlled himself "Anger.....anger management"🤣
@stevethea5250
@stevethea5250 9 ай бұрын
9:10 maybe he finna sya wrap this around... Haha
@ashishbarick
@ashishbarick 9 ай бұрын
@@stevethea5250 bro what language is that
@Tommyometer
@Tommyometer 4 ай бұрын
I think he was gonna say he'd rather wrap it around his neck and kill himself 😅
@eanamaniebo3890
@eanamaniebo3890 Жыл бұрын
That was the most confusing pitch ever 😂
@WuhanVirusFAKU
@WuhanVirusFAKU Жыл бұрын
Because the sharks said so ?
@hakahaka479
@hakahaka479 Жыл бұрын
Insta?
@RichardSabonis
@RichardSabonis 9 ай бұрын
​@@hakahaka479wtf
@infinitybless7132
@infinitybless7132 8 ай бұрын
Not for me, they are explaining the business plan. Just because there is no revenue is the reason why none of them want to invest. It’s simple! 😂
@TrueGuardify
@TrueGuardify 6 ай бұрын
@@infinitybless7132 Their business plan is to charge people $2500 for bike tyres bruh
@kennethsanchez9154
@kennethsanchez9154 Жыл бұрын
What the entrepreneurs say after they leave the tank always tell you exactly why they failed. They blamed the sharks for not understanding instead of taking ownership for their lack of clarity on operational execution. Their egos are not their amigos!
@EGarrett01
@EGarrett01 Жыл бұрын
The fact that they're apparently planning to charge $2500 for a set of bike tires in-and-of-itself says to me they have no business experience whatsoever.
@J040PL7
@J040PL7 Жыл бұрын
It was funny they were blaming understanding when they themselves complicated the information.
@ItsMeHammie
@ItsMeHammie Жыл бұрын
​@@EGarrett01 you'd be surprised how much money bike enthusiasts spend on their bikes. $2500 for a wheelset isn't completely out of the water for a high end buyer who already spent $10k for a frame and transmission components.
@EGarrett01
@EGarrett01 Жыл бұрын
@@ItsMeHammie But all he's getting is a wheel that doesn't puncture. If he has that much disposable income, you miss out on a lot of the value, which would be saving money in not having to replace wheels.
@deanVetUk
@deanVetUk Жыл бұрын
heh heh, their egos are not their amigos... i will remember that
@sgrant4558
@sgrant4558 Жыл бұрын
I like how well Kevin did in judging the business. Sometimes people think celebrities, especially comedians, don't have a business mind and they depend entirely on their "team" to figure out deals. This proves that isn't always true.
@nils8541
@nils8541 Жыл бұрын
What ? Dude is clearly clueless , can't even articulate himself properly. He's only there for PR
@oloeatthis
@oloeatthis 8 ай бұрын
Can you please add hart here I thought when did Mr wonderful became a comedian 😂😂😂
@justawildgengar
@justawildgengar 3 ай бұрын
Kevin is the richest comedian in the world along with having more sources of income from different places so he gets more practice. Kevin has also said he was broke when he ended up messing up his money when he first got famous so he learned everything he could about Business/money to keep that from happening again.
@IIIISai
@IIIISai 5 күн бұрын
@@justawildgengar w
@greghart6489
@greghart6489 12 сағат бұрын
I say mr. Wonderful and mark along with Kevin HART are spot on. These guys were not prepared to present. .
@deadeyedmillennialmedia
@deadeyedmillennialmedia 8 ай бұрын
Watching Kevn Hart be serious and try to wrap his head around the ridiculousness of people on this show is sublime.
@user-oe1mb9hu9i
@user-oe1mb9hu9i 4 ай бұрын
ALWAYS beware of a guy who says he's one of the best in his line on business but is asking for money to "develop" his business ESPECIALLY if he's already raised 1 MILLION plus dollars and is INCAPABLE of saying WHAT he's done with the money !
@ncgisaiah1965
@ncgisaiah1965 Жыл бұрын
Man, I felt Marks pain. Dudes couldn’t pitch their game plan at all.
@Slashoom
@Slashoom Жыл бұрын
cause there is none lol
@claytoncarvalho9176
@claytoncarvalho9176 Жыл бұрын
to be fair, Mark doesn't have a lot of patience listening to anyone's pitch anymore.
@baileealligood7862
@baileealligood7862 10 ай бұрын
They didn't have a marketing game plan. They were still in the inventing stage.
@sven5935
@sven5935 9 ай бұрын
@@claytoncarvalho9176 To be fair a business are made for a end goal what ever that might be. If you invest in a stock wouldnt you like to know what sector the busniess are in and their busniess plan? These guys cant even tell what they had in mind when it comes to sales they just developed a prototype with no end goal in mind. If you getting pitched you want current past and especially future vision of the companies financial values, contracts, some basic knowledge of the product and the market. All these guys got is ”it’s a wheel that dont puncture and we dont know what to do with it”
@MohamadMahmoud-vp6yf
@MohamadMahmoud-vp6yf 7 ай бұрын
@@claytoncarvalho9176their pitch is garbage
@paulaitix77
@paulaitix77 Жыл бұрын
if the tires are still wrapped in rubber they will have the same wear and life of normal tire, only being puncture resistant, but considerable higher cost
@mukondeleliratshilavhi5634
@mukondeleliratshilavhi5634 Жыл бұрын
Maybe you can get the rubber refilled and it might be cheating the long run ..
@TheLochs
@TheLochs Жыл бұрын
I was thinking the same thing. There's a reason tires have been around for over 100 years. Rubber is the best option.
@michaelyount3843
@michaelyount3843 Жыл бұрын
Correct. I was wondering when they would address traction.
@J040PL7
@J040PL7 Жыл бұрын
​@@michaelyount3843 their pitch was sp awful they couldn't even get to the important points
@rachmadsuhartono
@rachmadsuhartono Жыл бұрын
you've got a point
@lukeDoesLife
@lukeDoesLife Жыл бұрын
Mr Wonderful stopping himself before saying “I want to wrap this cord around your necks” 😂
@LearnToCodeAcademy
@LearnToCodeAcademy 9 ай бұрын
That was my favourite moment 😂
@EGarrett01
@EGarrett01 Жыл бұрын
9:54 I laughed so hard when I realized who their last hope was.
@J040PL7
@J040PL7 Жыл бұрын
All roads lead back to Mrs. I'm out 😂
@trblemker00
@trblemker00 Жыл бұрын
Without even finishing the video i knew who you were talking about 😂
@EGarrett01
@EGarrett01 Жыл бұрын
@@J040PL7 Yeah and when she starts talking, you know she's about to go out on them with a double backflip and extra cheese, lol.
@raulpardomorales7994
@raulpardomorales7994 Жыл бұрын
I thought she was gonna say "you know where this is going, right?" Lmao
@schqrr
@schqrr Жыл бұрын
@@trblemker00 SAME😂
@aaronziskovsky1960
@aaronziskovsky1960 Жыл бұрын
For those who don’t know, Earl (space suit) was actually the season 14 winner of Survivor
@FeedingFrenzy91
@FeedingFrenzy91 11 ай бұрын
Thanks for the info. God bless you.
@mt.manda9
@mt.manda9 8 ай бұрын
It's the first thing I realized when he took the helmet off!
@killakurt6211
@killakurt6211 8 ай бұрын
Can't believe how far I had to scroll to find someone pointing this out. This was the first thing I noticed
@omarfarooq5772
@omarfarooq5772 8 ай бұрын
If he mentioned this they would have gotten a deal
@YOUneedJESUS1
@YOUneedJESUS1 11 ай бұрын
The tire has change dramatically in the last 100 years. We went from natural rubber with cloth bias ply, to a multi compound silica vulcanized rubber with steel/ kevlar reinforcements. Also nobody would by a $700 pair of bicycle tires. A goodyear bike tire costs $10! And it lasts for 5 years of heavy riding.
@seant.2387
@seant.2387 8 ай бұрын
It’s $2,500 for the pair, not $700. They’re out of their damn minds if they think people will pay that for bike tires
@alyvirani4980
@alyvirani4980 8 ай бұрын
My thoughts exactly. I've been riding regularly for most of my life. I think I've had to replace massive 5 tubes/tires ever. And that's including my kids and wife in the equation too.
@OriginShadow
@OriginShadow 8 ай бұрын
@@seant.2387 It's $2,500 for a pair of tires AND wheels, the tires can be had for only $500, mind you that's still incredibly expensive for bike tires, and half the cost of my bike!
@getstuk87
@getstuk87 8 ай бұрын
Not to mention the weight of a bike tire. They should have focused on automotive tires
@MomentswithDavid
@MomentswithDavid 6 ай бұрын
Agree
@foxernator
@foxernator Жыл бұрын
If they could develop it for High Performance Motorsport like F1 I could see it being huge but it's never gunna get used for private cars at that cost.
@Napstone
@Napstone Жыл бұрын
F1? IoI not a chance! they have strict requirments about every singIe thing that goes on an F1 Race car
@foxernator
@foxernator Жыл бұрын
@@Napstone Yeah exactly - it's the only industry I'd see it could be viably used for and they would never use it. I imagine as well the Tyre companies just completely control who and what can be used.
@Iseenoobpeoples
@Iseenoobpeoples Жыл бұрын
It would be pure trash compared with the technology they have now.
@GeddyRC
@GeddyRC Жыл бұрын
If it was possible for F1, it'd already be in F1. I'm unaware of any autosport that is more on top of fancy technology than F1.
@blossomx1804
@blossomx1804 Жыл бұрын
​@@GeddyRC but don't they still do tire changes in F1 so how can the technology be more advanced than this?
@kellingtonlink956
@kellingtonlink956 Жыл бұрын
I bet these guys are ‘tired’ of hearing they have an ‘overinflated’ evaluation. Thanks for the video.
@kitsomogale4945
@kitsomogale4945 Жыл бұрын
Underrated
@tribzman3977
@tribzman3977 Жыл бұрын
Well that's what you get when your business plan/execution fails to have the rubber meet the road. :)
@nancyjones6780
@nancyjones6780 Жыл бұрын
My question is: Do the tires go bald and have to be replaced like regular tires? Is the core re-useable ? Also, if you have to have rubber on the outside you're still creating toxins in the environment. I'm not sure about this product.
@dark3031
@dark3031 7 ай бұрын
Pretty sure they still need rubber on the outside, and the prototype of such tyre is not even done yet. They had the audacity to value their company at 20 million dollars at such early stage, that's just crazy.
@thebastardgift
@thebastardgift Жыл бұрын
The Sharks would have understood the business if these two men knew how to explain it.
@phoneindustrydesign
@phoneindustrydesign Жыл бұрын
as a cyclist I have to say for cheapest road tire for road bicycle you have to pay around 10-30$ while going from 30-100$ you're already getting premium product and anything above 100$ is checking all boxes in cycling world 2.5-3k wheelset is a no go especially considering the weight
@thesmarttirecompany
@thesmarttirecompany Жыл бұрын
The feedback we've consistently gotten from cyclists is that a $100-$150 tire that lasts multiple years and never has flats is a very fair price. Wheelsets already routinely cost that much - all of that price point is in delivering an integrated set for those that want it.
@nerdysam4729
@nerdysam4729 9 ай бұрын
Nitinol is not a cutting edge material any longer. Orthodontist have been using it in the wires for like 30 years +. The main problem with the material is the coefficient of friction that it produces, which is high and will be a problem for tyre purpose plus they will also wear and also the sound that they will produce when in contact with road will be something that have to be looked deeper into. Hope they have worked out around these issues .
@Juanlsmerio
@Juanlsmerio 7 ай бұрын
love mark and Kevin the only two who actually give advice to people instead of saying it’s just not for them and they are out like Lori.
@missthangd4311
@missthangd4311 4 ай бұрын
Maybe they did but it just wasn't shown or edited in
@mikeypiros6647
@mikeypiros6647 Жыл бұрын
Love him or hate him, but mr.wonderfull is always entertaining and funny..💥
@brocksmith2058
@brocksmith2058 Жыл бұрын
I have never in my life heard a pitch, more so than this one, that just screamed "Barbara is out"
@Mohammed-ph4bj
@Mohammed-ph4bj Жыл бұрын
who suggested anger management classes to Kevin is dead to me
@mr.smooth4433
@mr.smooth4433 Жыл бұрын
😂
@victoriachristie7026
@victoriachristie7026 Жыл бұрын
"no I shouldn't say that" good on you, Kevin!
@imnashinjamir7704
@imnashinjamir7704 10 ай бұрын
Kev's 'Anger management' 🤣🤣🤣 I miss the Savage old Kevin comments on this one 😂
@purushottamkumar3140
@purushottamkumar3140 Жыл бұрын
I don't think many people will pay that much cost for tyres. Sometimes being too much Premium is not good
@RaeBattleRapsMood
@RaeBattleRapsMood Жыл бұрын
Legend has the sharks are still waiting to hear the business plan…
@AbsalonWhiteJr.
@AbsalonWhiteJr. Жыл бұрын
But here’s another issue they didn’t explain, if their tires are going to NEED rubber wrapped around it to work no matter what, then what happens when the tread runs out and goes bald? You might not have to worry about another flat again, but unless you’re using invincible rubber, the tread WILL go bald, so you’ll still have to replace that tire in some fashion. Then there’s the question of how to replace just the tread on a space material tire base, how much that will cost to replace, how many tire manufacturers have it available, how many tire manufacturers even know how to perform such a procedure, do we not have to worry about the question I have at all because in all actuality it will come sold pre wrapped in rubber so all you have to do is just ask for a smart tire and they put it on your car and rims like normal etc… The sharks were right, there are so many unanswered questions and it makes me angry just thinking about it.
@jason_v12345
@jason_v12345 10 ай бұрын
Seriously. NASA needs these because there's noone in Mars to fill a flat. Here on Earth, I can use a hand pump no problem.
@omarfarooq5772
@omarfarooq5772 8 ай бұрын
@@jason_v12345 lol NASA was laughing when they gave these guys licensing
@Olvera_emi
@Olvera_emi Жыл бұрын
Old Kevin would’ve ripped them a new one 😂
@rajeevchoudhary9089
@rajeevchoudhary9089 Жыл бұрын
In the end he said "we are gonna raise lot of money", exactly the problem here, he is just trying to raise money after money instead of making a viable product and going to market.
@thesmarttirecompany
@thesmarttirecompany Жыл бұрын
Money is needed to build hardware. We are now well funded beyond what was asked on Shark Tank, and in the late stages of product development.
@peterjoseph8974
@peterjoseph8974 Жыл бұрын
I don't get it. The rubber will wear at the same rate despite the internal armature. Who would spend 4x on a tire that will never go flat, but lasts the same as a conventional tire?
@cjsawinski
@cjsawinski 8 ай бұрын
I just love when people try to fix a problem that doesn’t exist. And then for cars and being competing against high end performance tires there’s literally no shot. For performance tires everything comes down to the rubber compound, the side wall, and the nitrogen (yes nitrogen) in the tire for air pressure… and mostly being able to adjust that air pressure for track or driving conditions.
@haylonix
@haylonix 4 ай бұрын
Exactly. For a bike the tyre has a small contact patch and for most bikes its all the suspension you have. Car’s are another level of performance, noise, comfort, durability. The big players have spent Billions on R&D on run flats and haven’t nailed it yet.
@andreroestenberg6313
@andreroestenberg6313 3 ай бұрын
Not to mention all the different types of sizes of tires the company has to make for the public...there are tons of different heights, widths of tires and they need to cover with rubber anyways!! The whole concept is it won't go flat..I literally had 1 flat tire my whole life and filled it up with air for 1.00. Most consumers arent going to have tons of flat tires frequently. I don't see the relevance of this product from a purpose, utilitarian and cost perspective.
@unstopology
@unstopology 8 күн бұрын
​@andreroestenberg6313 One flat only! You're very fortunate. Someone in my family is getting a flat like once a year, or at least a slow leak. I would love something like this but they need to figure out the rubber part.
@Shaverboy516
@Shaverboy516 Жыл бұрын
I was hopeful Barbra was going to say “I’m in”😂
@stitch438
@stitch438 8 ай бұрын
It's crazy there was no mention to how it behaves, I just can't imagine this would work anything like a traditional tire in real world conditions. Would be really curious about the weight because $3000 for a wheelset is by no means crazy in the competitive cycling market.
@kevinwight3662
@kevinwight3662 Жыл бұрын
When Barbara is the last shark you know you screwed lol
@ClaimsAdjusteroftheYear
@ClaimsAdjusteroftheYear Жыл бұрын
6:00 Kevin: "are they going to be 5x the price of a regular tire?" Brian: "no they won't be 5x"... lol. It's like 2500x lol
@isaacalvarado123
@isaacalvarado123 4 ай бұрын
One thing that they didn't ask was what happens when the rubber wears out? You buy a whole new set, or do you just replace the rubber? If the rubber is just replaced, then that premium is only paid at the being and just just pay what it costs to replace the rubber. If that's the case, I think that business can work. You have a tire that will never go flat, and you just worry about the wear and tear.
@kitsomogale4945
@kitsomogale4945 Жыл бұрын
Wonderful how mr wonderful wanders around valuations
@KyleH1357
@KyleH1357 11 ай бұрын
Even with a reasonable valuation they have an idea, not a business. Was impressed by Kevin Harts line of questions though, the guy clearly is very smart
@aayanpratimdeb
@aayanpratimdeb 2 ай бұрын
had me at the "serial entrepreneur" 4:25
@manuelestevez3062
@manuelestevez3062 Жыл бұрын
Barbara: “I don’t use tires so I’m out”
@frankc9250
@frankc9250 4 күн бұрын
I respect the fact that Kevin stopped himself from being unnecessarily rude.
@iowaredneck9416
@iowaredneck9416 Жыл бұрын
Love the product. Love the vision. No real plan to execute. Price point is way to high. No one is goin to pay 2k for a bicycle tire unless maybe they are in the Tour de France and that’s a maybe. 1,500 to 2k for a full set of truck tires, maybe but it sounded like they would be closer to 4-10k
@GeddyRC
@GeddyRC Жыл бұрын
If they sold it to mountain bikers and guaranteed a few grams less per wheel they would sell pretty well haha, mountain bikers will buy anything if it'll save some weight. --mountain biker
@joewas2225
@joewas2225 Жыл бұрын
@@GeddyRC Mountain Biker here ride roads & trails, you're 100% wrong. Price is always a factor to anyone. No one will pay $2,500+ for that. Unless you're pro.
@thesmarttirecompany
@thesmarttirecompany Жыл бұрын
Wheelsets routinely go for that and more. Unfortunately the Sharks were so eager to talk over us and criticize the price, they completely failed to understand the difference between a carbon fiber wheelset (commonly $2k-$3k without any tire at all), and a tire (which we'll be selling for $100-$150).
@carladakotafranco2056
@carladakotafranco2056 11 ай бұрын
@@thesmarttirecompany y’all didn’t explain yourself thoroughly, y’all were going around in circles with your answers. 🫤 So unfortunately, it was y’alls fault.
@thesmarttirecompany
@thesmarttirecompany 11 ай бұрын
@@carladakotafranco2056 you'd be shocked how much doesn't make it into the TV episode, but it's all good! Can't win them all and we appreciated the opportunity with the sharks.
@gennykpop4eva25
@gennykpop4eva25 Жыл бұрын
Let’s be honest, he’ll need a lot more of those classes 😂
@apatnode91
@apatnode91 9 ай бұрын
If there coated in rubber do the tires get re covered in new rubber after wear or do u junk all that and then buy more tires?
@varunchoudhary
@varunchoudhary Жыл бұрын
They seemed too focused on just raising money. Their only achievement seemed the equity crowd funding. Just like the sharks pointed out they have not executed anything at all.
@Iseenoobpeoples
@Iseenoobpeoples Жыл бұрын
Some viewers think Kevin was too soft on them, but listen again it was brutal.
@cristinasoares8408
@cristinasoares8408 10 ай бұрын
This is not about the "waiting list". It's about how they're going to run the service to meet the 600.
@SuperBos5
@SuperBos5 Жыл бұрын
$2500 for an everlasting wheelset is a reasonable price, just check out the prices for road bikes wheel sets, so many more expensive tires in the market
@X-Prime123
@X-Prime123 11 ай бұрын
It's nice to see Kevin O'Leary working on himself with the anger management. Good for him.
@CloverNationNoir
@CloverNationNoir Жыл бұрын
I knew they were screwed when Barbara was the last person to be out.
@Theharleyfamily113
@Theharleyfamily113 Жыл бұрын
The look on Kevin ls face 😂
@randyholcomb2140
@randyholcomb2140 Жыл бұрын
From survivor to shark tank entrepreneur
@sharkey086
@sharkey086 4 ай бұрын
Kevin Heart actually really conducted himself well and made a very good point!
@BiragovDetailing
@BiragovDetailing Жыл бұрын
Nobody noticed that the weight of the wheel will be increased and every additional pound per wheel is a big deal on performance of the car: braking, handling and even acceleration (rotational power, that’s why light weight wheels is a big deal)
@thesmarttirecompany
@thesmarttirecompany Жыл бұрын
Actually, they are lighter overall. Titanium scales really well compared to thick rubber sidewalls, cords & steel reinforcements.
@Chadcel564
@Chadcel564 Күн бұрын
@@thesmarttirecompanyLOL SEETH AND COPE
@TheParkingLotGarage
@TheParkingLotGarage Жыл бұрын
The issue is that these tires still need to be replaced just as often as any other tire. Unless they have some patent on a special tread ware technology, these only help prevent against flats, and nothing else.
@nikolasgarcia1868
@nikolasgarcia1868 Жыл бұрын
get a run flat tire lol
@patrick1020000
@patrick1020000 Жыл бұрын
Re-treading tires has been around already as a way to recycle old tires
@EricSmyth4Christ
@EricSmyth4Christ Жыл бұрын
9:07 Kevin holds back a death threat
@someone9665
@someone9665 Жыл бұрын
Imagine Barabara giving an offer at the end.
@coyotedes6886
@coyotedes6886 Жыл бұрын
They most expensive performance tire that everyone uses is Toyo r888r and it cost about 450$ a tire. 800 a tire is insane.
@ChrisWalksFast
@ChrisWalksFast Жыл бұрын
Fellow car enthusiast right here!
@thesmarttirecompany
@thesmarttirecompany Жыл бұрын
This is not our first market (but we answered the question). That said, truck tires can easily cost in the thousands, especially on long haul trailers.
@101345god
@101345god Жыл бұрын
they did not prepare well at all
@whatsadog2445
@whatsadog2445 Жыл бұрын
The frustrating part is that every shark asks different questions and they don't even get the time to respond. Then mr Cowboy comes out complaining when they're just answering someone else’s question.
@tyrellcobb4665
@tyrellcobb4665 Жыл бұрын
Literally re-inventing the wheel. I wish them much luck
@UniqueOceans0891
@UniqueOceans0891 Жыл бұрын
In my opinion, I like normal tires better. Like if your bike wheel goes flat, super easy to pump up
@BryanASmi
@BryanASmi Жыл бұрын
Towards the end of the video Mr wonderful gave some good advice before popping off😂😅
@Other_Robots
@Other_Robots 7 ай бұрын
Kevin hart just looks so out of his element it’s almost hilarious lol
@Liambarre06
@Liambarre06 11 ай бұрын
10:15 if they just said everything from start to end and spoked clear from the start, I think they would easy get a higher chance for an offer
@gildardomagallon
@gildardomagallon 5 күн бұрын
Kevin is so funny, "how much does it cost to make that thing?" lol
@meinchina666
@meinchina666 3 ай бұрын
4:28 Kevin: you're not astronaut 😅😅
@samwhitten2201
@samwhitten2201 11 ай бұрын
Once it got to Barbara.. they knew they were going home without a deal.
@nikhilthakran
@nikhilthakran Жыл бұрын
The technology is amazing, commercialize it, bring the cost down and prove the sharks wrong!!
@handokotan3446
@handokotan3446 Жыл бұрын
First they say something bad about rubber then introduce new material that apparently need rubber to function so in the end it substitute air in the wheel not the rubber
@LV2UJC-FM
@LV2UJC-FM Жыл бұрын
Update... The Smart Tire had a valuation of USD 87.48 billion in 2022 and is projected to attain a value of USD 161.91 billion by 2030, with an anticipated compound annual growth rate Compound Annual Growth Rate, (CAGR) of 8% from 2023 to 2030. If you research The Smart Tire, a lot of great things are written about, and the prediction for these new reinvented and innovative Tires for all cars around the world. One or two of the sharks should've gone along for the ride.
@makstone
@makstone Жыл бұрын
Valuation according to whom? And I still can't buy their product yet. Ask Elizabeth Holmes about valuation, she will have plenty to say.
@jehangirhasan4382
@jehangirhasan4382 Жыл бұрын
The space suit started to look dumb as the video progressed
@goldenghost2001
@goldenghost2001 Жыл бұрын
Earl survived fiji, but couldnt survive the sharks
@lemarmessih10
@lemarmessih10 Ай бұрын
Kevin always has that face that you already know someone's getting an, "I'm out!" 😂
@PaulRodriguez9
@PaulRodriguez9 Жыл бұрын
All these years and for whatever reason my brain will always tell me that Kevin has a ponytail. Idk, For the longest time, i thought he did, then i saw he didnt. But he will always have a ponytail for me.
@enolahastiin6811
@enolahastiin6811 Жыл бұрын
Kevin Heart shakes his head because he's clueless, as do I. 😂 Just smile and nod, smile and nod.
@beattheodds6219
@beattheodds6219 Жыл бұрын
Kevin Hart is richer than everyone there except cuban
@PlacesAndFoods
@PlacesAndFoods 11 ай бұрын
Great tech but outer layer still rubber means it is still going to wear out and be replaced at higher cost.
@HydroSedigi
@HydroSedigi 3 ай бұрын
I would 100% invest in this tech. The sharks didn't see the big picture.
@leearnesen5237
@leearnesen5237 11 ай бұрын
1:14 - Barbara thinking about how she can back out of the deal
@EasyRider247
@EasyRider247 Жыл бұрын
“You’re throwing too many big words at me and because I don’t understand them I’m gonna take it as disrespect, watch your mouth”
@wadewillson9220
@wadewillson9220 Жыл бұрын
One of the most important things when speaking is knowing your audience. Plus they were obviously dodging the question. Kevin is a comedian not in the tire industry. So when he asks a very simple question how much does it cost to make a tire and you respond with the material costs 200$ a pound you aren't answering his question and expect him to know something in an industry he is not involved in and then you have the audacity to ask for his money. So yes it is disrespectful as you are wasting everyone's time here.
@alanclark9913
@alanclark9913 Жыл бұрын
Lookin good Earl! Barely aged a day since your Survivor win lol
@Jacobnokes9
@Jacobnokes9 8 ай бұрын
And this is why it’s essential to hire a professional sales/marketing guy to your business
@williamhaynes7089
@williamhaynes7089 6 ай бұрын
supposedly they have 100's of customers ready to go when they get production up
@Jaywrapstar
@Jaywrapstar 8 ай бұрын
Mark always so dramatic looks like he’s always enraged 😂
@The_Black_Falchion
@The_Black_Falchion 26 күн бұрын
This is why rehearsals are important. You always need to rehearse not having control of the conversation. The moment you lose control you need to fall back to the “Bottom Line Up Front” strategy. Pertinent information up front, cut out the jargon. You know what they want to know, so speak.
@cw8958
@cw8958 Жыл бұрын
If you make it to Shark Tank you're either already succeeding or they just want to make fun of you.
@samuelharding257
@samuelharding257 Жыл бұрын
It’s a great idea, but they are really starting out. I wouldn’t be surprised if they actually grow thsi in a couple of years and we see them having the first or one of the first companies producing airless tires.
@dancingqueen919
@dancingqueen919 10 ай бұрын
They have so much growth. They are worth millions now
@MickeysCorner
@MickeysCorner Жыл бұрын
The way they are chopping off catalytic converters, they would be stealing tires left and right. You could not even lock your bike up if you had them on a bike. Tires come off so easy with a wrench. What about the wear and tare on the road or floors? And the cherry on top!!! They drive in on a scooter and a bike with rubber tires...That says it all.
@baileealligood7862
@baileealligood7862 10 ай бұрын
They already sell a set of bike tires and rims for 1700 dollars. They would be cheaper than the top tier bike tires. Front and rear DRIFT wheels built with Classified Powershift rear hub shell and front hub Powershift Kit, disc rotors/lockrings/thru axles not included Padded double wheel bag Pre-installed 27mm tubeless rim tape Pre-installed 50mm tubeless valves $1699.00 Ad said "last one".
@Internet_Channel
@Internet_Channel Жыл бұрын
those customers are gonna be waiting on that waitlist for a very long time if they only have a 5,000 square foot lab and no production facility yet. The smart play is to license it as a premium tire to an existing manufacturer.
@Iseenoobpeoples
@Iseenoobpeoples Жыл бұрын
Why would a manufacturer pay for an inferior technology?
@wahoooo8523
@wahoooo8523 Жыл бұрын
It’s not inferior and if you can sell it they will buy it it’s not about why would they
@Iseenoobpeoples
@Iseenoobpeoples Жыл бұрын
@@wahoooo8523 You are delusional
@nickforde8036
@nickforde8036 Жыл бұрын
Earl Cole from Survivor.
@THE1ANDONLYCUBIX
@THE1ANDONLYCUBIX Жыл бұрын
That’s what I said when I first watched this
@J.L.K
@J.L.K Жыл бұрын
knew straight away and then it showed their names. Amazed no other comments mention his Survivor background
@reneecarter6702
@reneecarter6702 Жыл бұрын
Their pitch is adorable, but their evaluation is crazy. *I say this laying in bed with a grand to my name 😩
@zachosborne6577
@zachosborne6577 11 ай бұрын
I would just be smiling at Kevin hart the whole time like he was telling jokes
@americanredneck8686
@americanredneck8686 Жыл бұрын
The Tire may never go flat but after so many miles you have to replace the rubber and how much is that ?
@Damage_Inc
@Damage_Inc Жыл бұрын
The guy in the astronaut outfit is a "serial" entrepreneur but he can't say anything about the execution and implementation of the business model. He's not an entrepreneur.
@ranapartap1501
@ranapartap1501 Жыл бұрын
which cereals did he invent?
@mrhumble2937
@mrhumble2937 Жыл бұрын
He is really smart. Was on Surivvor back in the day dominated socially. Problem is there was no business yet, it just started lol.
@LS-kg6my
@LS-kg6my 7 күн бұрын
The idea of licensing to existing tire manufacturers is great!
@epicclips3284
@epicclips3284 11 ай бұрын
Barbra: he wasn't actually a astronaut so for those reasons I'm out.
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