Shark Tank US | Will The Sharks Be Sold On Lavabox's Portable Campfire?

[@abhinavrakesh108]

Never understood y ppl don’t value Kevin as much as other sharks!! I mean he has very good knowledge of finance!!

[@Skillpointer10]

Because they browse too much on reddit

[@bartekjaa7402]

Kevin is just a bad person.

[@oneheadlight8000]

Yes, some of the best experience on the tank

[@sll255]

Kevin seems like a guy who will kick you to the curb the moment the deal stops benefitting him

[@metaleuman]

Oh yeah he has extreme good knowledge in finance. He proved it with FTX 🤣🤣

[@justinmangan6491]

I love when someone has such a strong product/company that the sharks have to sell themselves to get the deal😂

[@PracticalPerry]

Agreed.

[@God_is_good_]

Jesus is coming!

[@raymondel-haddad7312]

​@@God_is_good_❤

[@kim-o-san]

​@anidiotmakesthings Finally, someone who knows what camping is

[@kevinkeane254]

Agreed

[@toryshafer1961]

Mark hit him hard with the saying no over half a percent. That was a great point

[@justinmangan6491]

Greed will kill us all!

[@blobofconsciousness]

U mean for 50 cents

[@bigbuckey7687]

Yeah but why did Lori counter the 12% with 12.5% in the first place... she was the one squabbling over a half a percent.

[@toryshafer1961]

@@bigbuckey7687 oh I for sure agree but she has all the power so she can afford to be unreasonable. Sharks are weird

[@God_is_good_]

Jesus loves you!

[@SeyaRKO]

Lavabox Shark Tank Update "The deal with Lori did not close. Joshua wasn't strapped for cash, but he did want a mentor. In the end, he didn't want to give up 12.5% of something he worked so hard for." Brother should've taken Kevin's offer since he literally offered what he came in for. $200k for 10%

[@privateemail5870]

Aw dang 😢 he must've just wanted free promo

[@thejanusproject32]

WHAAAA?!? That's what happened? what the heck

[@danielleza908]

Kevin offered him exactly what he wanted and he's also in the business as chef wonderful, he could have easily helped him blow this product to the moon.

[@NeverStartTradingOptions]

the people dont trust him

[@WadeWilsonDP]

All the other sharks have given him this bad stigma of being mean or something just because they don't like him. Most of the time his deals are perfectly respectable and he actually tries to empathize with people, unlike Lori who just smiles and tells everyone how nice and popular she is.

[@SuperCR45]

This the Lori and Mark show really 😂

[@trikicks]

This is going to go crazy on QVC and in those certain big box stores. Lori was the right partner

[@Rjsipad]

bruh qvc is middle aged women

[@wintercame]

@@Rjsipad buying stuff for their hubbies.

[@yukiegalz259]

Oh yes, definitely!

[@legendarypo183]

@@wintercameyes😂😂

[@boohere2]

@trikicks, hate to break the sad news but the deal never closed. I look up the item after the episode. The deal didn't close. You can go look it up and get the details. It just looks like it will never close. The business is still going on strong it seems.

[@stuff1784]

Mr. Wonderful saying: That disgusting royalty!! What is this?! Was HILARIOUS!!!

[@EGarrett01]

IIRC Mark is invested in a product called Instafire that is similar to this. The last time a similar portable campfire product came in, Mark douched hard and bashed it because of that. I don't know if they told Mark to stop, or if he realized it made him look bad, but Mark is curiously not shown talking much here and I don't think they even showed him going out.

[@PracticalPerry]

I know. Weird.

[@DOC_951]

if i was a camper or had friends id definitely buy this. Great idea!

[@lukeransom1834]

Or had friends I’m sorry my man

[@BigTuna69VCR]

Hey man I'll be your friend!

[@ariston-j6i]

Thank goodness 4 this comment. now i don’t feel so alone

[@tdrxy]

I see this and i raise you “no camping,no friends *and* no money”

[@Eddo-s8s]

let’s go camping ?

[@BuIIet]

He chose her because she said he could call in the middle of the night

[@DONDONDON865]

Kevin for 10% anyday he knew it would be huge for both of em so he dropped 50% WITHOUT ROYALTY FROM KEVIN!! he made a big mistake i think Kevin wouldhave run this forever!

[@-Legacy]

For real spent a quarter of a mil and extra 2.5% for Lori over Kevin unless qvc goes craaazy he should went w kevin

[@boohere2]

The deal probably would have closed if it had been for him or if had chosen him instead

[@dylangarcia9468]

no way lori is worth an extra 2.5% and a 75 cent royalty. this is one of those rare occasions where kevin loves the product enough to not charge a royalty lol

[@harryluteshi7487]

I agree

[@davidgroove]

I think the guy wasnt thinking about the equity but about the extra sales Lori guarantees in QVC.

[@npip99]

A 75cent royalty is basically nothing. He makes it for $30 and sells it for $195, 75c is a rounding error on the sale price. It's just Lori for the extra 2.5%, but this really seems like a QVC-style product

[@vc6478]

That royalty ask was negligible, glad he didn’t mess up the deal because of it. I think Lori added it just so there is some incentive for her to sell more. Selling 1,000,000 only gets her $750,000, big potatoes for us nothing potatoes for her.

[@jojoreisinger615]

Don’t forget she said it was only until she was paid back then it goes away anyway

[@vc6478]

@@jojoreisinger615 Yes I just realized I made an error. So it is even more profitable for him. He needs to sell 333,334 units for her to be repaid. That is 65 million dollars of sales if he just sold the small unit. I would of just given it to her in perpetuity, because after working so hard to get her money back she doesn’t have much incentive to sell more and I would want to keep her interested in still selling.

[@nestosauce]

@@vc6478the value really isn’t in the royalty. She’s basically looking at it as almost a free 10% equity banking on it continuing to be successful.

[@vc6478]

@@nestosauce yes but only free equity if 65 million dollars approximately, since depends on size, of goods is sold. If that amount was sold they guy could care less about 12.5% equity. For Lori though, once she makes her money back she wont care because she would have the $250,000 from the royalty and if we value the company just as equal total sales (I know this is not right) then she would have stock worth $8,125,000. In perpetuity royalty or not it wont make a difference by then for him but maybe that tiny offer in favour of Lori would incentivize her more to help get the company further.

[@Chepchenko]

Tell me that you are bad at math without telling me you are bad.😂

[@sparky1642]

That was a great presentation and great product! Happy lunch break everyone!

[@SHAILESH506]

Lori knows her value, damn she makes other sharks look petty sometimes

[@boohere2]

I like her the best out of any Shark

[@kronixrez2230]

Did I see him at the end look at her boobs lol

[@iomis2001]

Her QVC connections are priceless.

[@JazzyMarineVet]

Just ordered one for my air force son! He is always out in the woods scaring his mom chasing elk, bear and god knows what else when he is not at Hill AFB. Hope he likes it

[@Thejraccountant]

“I’m Mr.Camp” 😂😂😂 Kevin is gold

[@Teaser2Baller]

Best comment

[@johnfritz15]

I love that Kevin cracks on the royalty deal.

[@4olufade]

Anyone can sell this item, it's amazing on its own. He knew who he wanted from the start

[@HeyMavDak]

This eliminates the best thing about a campfire: the wood and the amazing scent that comes with the smoke!

[@jcout25]

I own 33 of these Lava Boxes. I use them for EVERYTHING. They heat my car, provide all my home's internal and external lighting, and I use them to cook every single meal I eat.I haven't had an electric bill in over 20 years because of this product. However, my propane expenses are highly volatile.

[@richdars2515]

The smell of burning wood and the crackling sound is what makes a campfire

[@dazz-reacts]

Fantastic Product! This portable option is a game-changer-can't wait to take it on the go!

[@greglee1174]

This guy just invented the portable barbecue grill.

[@springpocket6941]

essentially a portal stove top, been around for decades already

[@TerdFerguson1000]

Lmao Im sure et Laurie would be around for him at 11 PM

[@lebecccomputer287]

This is one of the few products from shark tank that is not only a great idea, but something I personally want to buy

[@bassamhajjaj2960]

I have never seen Daymond close a deal in this show

[@rhappyi6805]

Bubba back ribs hurt him; he just scams the entrepreneurs according to them

[@yourfavoritesport]

The final choice was excellent. Simply because Josh spoke about the plan going forward about the business and only Lori seemed to be in the same page as Josh.

[@Futurekinglimited]

Am I the only one who would watch a reality show where the sharks are just in each others face all day, they are really hilarious sometimes 😅😂

[@NGMonocrom]

_"Is this Shark tank or Let's Make A Deal?"_ Apparently it's Let's Make A Deal! 🤣🤣🤣

[@valorrelics]

Bro 195 for this product is insane. Its a ammo crate with some gas fittings. This doesnt solve any problem either. We already have portable propane grills.

[@potawatadingdong]

I made a wood version of this a few years ago, also from an ammo can. I made it to keep my tent warm in the winter. I guess I should've made it gas and went on the show.

[@thomas_manfredo]

Wouldn't be lunch time without shark tank

[@Charly9K]

Just finished mine lol

[@Pratyushz]

just started mine

[@stefanosgiannakis7151]

Wouldn't be shark tank without lunch time

[@shsh-he5qg]

After Kevin’s 10% offer ! What he wanted ! He could have easily countered Lori and said no royalty and given her 12.5% she would have taken it !

[@-Legacy]

That’s what I was thinking could of had her come down a little bit there after a competing offer, but I guess it’s more incentive for lori to push it vs getting beat down

[@boohere2]

The deal didn't close anyways

[@antonellaluque4532]

she would not have twken no royalty cuz he tried 50 cent

[@orlandorizzo5780]

Gotta Love KEVIN , "If Chef Wonderful is Involved" LOL

[@jayantashley6696]

Eating breakfast while watching shark tank 👌

[@RafinhaBastos]

I love this guy!!!

[@Hawkfeet]

Yea he... Smile s

[@boomschool]

OK

[@expandyourworld7500]

The lean startup technique regarding developing MVP...

[@kanishkaveediyabandara3028]

Love this guy's energy! One of the best episodes

[@theadventurer4651]

Just met this dude at an auto show this weekend. Super nice guy, seems to be doing alright

[@kim-o-san]

As a camper, I can tell this product is only good for newbie lazy "good weather" campers. It's a novelty item.

[@rrhev]

If I was on Shark Tank, I would go after Lori too. She has the best track record for successful products on the show. Of course, getting Mark Cuban would be great too!

[@marvinwise-c1o]

He's like I only pay 30 to make it and charge them idiots 200.

[@raymondel-haddad7312]

best episode of shark tank ive watched so far and its been a while

[@Gorf_Denroh]

Really surprised that none of the sharks pointed out that you have to lug one or more propane tanks around, or asked about what was inside the canisters. They didn't ask how long a propane tank will last, at which settings, and for each size canister. They also didn't ask if there is any cleaning or maintenance required. Seems very shortsighted on their part.

[@christineotp]

i mean da pitch like hr and a half long so they prolly did sum other questions off cam

[@shemmy95]

whoever buys is already carrying the propane.

[@Womfu]

What you see isnt the full pitch, they heavily edit it down to fit TV times

[@GatherYeRosebudsWhileYeMay]

The other thing I think people overlooked is that when you cook on that thing there’s going to be a. If greasy mess all over the device.

[@djamilawilschke7259]

@@GatherYeRosebudsWhileYeMayhe made 7 prototypes, i guess he knows what he’s doing and tested well …

[@content-consumer-max]

Thank you for fixing the volume on this episode 🎉🎉

[@dat1song410]

Kevin : and none of this disgusting royalty lmfao... I was eating rice krispy and it came out my nose

[@mclovin6537]

I think Kevin would have been good on this. Get a picture of him camping in his suit 😂 it works folks

[@michaeldiogenesbest6127]

Using the legs as a GRILL?!?! Dealbreaker for me........

[@Bambi-ul1tz]

Lori pulled a Kevin😂😂😂😂❤❤❤and it worked 😂

[@Cheddyfral]

I have 0 room to talk, but I’m taking Kevin’s deal. Kev really is the man dude just wants to make $.

[@davidbensira1665]

Kevin giving no royalties and giving what the entrepreneur wanted is extremely rare never happens. Great guy but should’ve took Kevin’s deal.

[@EngineerDJ_Julius]

and this is why Shark Tank is the best "in person" TV show

[@Haitianbarb6]

I actually wanna buy this product! So innovative 👏🏾

[@rohan9095]

I guess josh could've given 0.5% advisory shares or 2.5% advisory shares and still get the deal from lori. But hey that's something most of us can't do in pressure situations. I couldn't do it either. But great learning of negotiation skills from this without a doubt

[@emoney824]

Dame face when Lori put her bid in 😂😂😂

[@eldad700]

7:24 HELLO 😂😂😂

[@shahjehan]

Some people don’t want a deal they want exposure for their company or product.

[@Haseltine333]

That thing is so safe until my drunk oss stumble by and kick it over on accident 😂

[@jdaily2293]

Why would he turn down Kevin’s offer? He obviously only wanted Lori from the jump.

[@Collab2023-zx1mr]

Remember that Kevin the at first offered it at 20 percent. So he showed that he didn't care as much about the valuation

[@jonbrooks9428]

Kevin was disgusted by loris royalty deal, lol

[@A55EATER]

"Disgusting royalty!" Gold!

[@barackmycat9448]

Looks good to me. RV`ers will like this too. They are doing good.

[@rfalas]

He took the worst deal. I like when Kevin makes it interesting

[@madadisr]

He's smart... Lori is by far the best Shark on this program. She actually pays attention and helps these investments. She has the highest ROI. Mark is by far the worst and Mr. Wonderful is second worst and Daymond isn't that great if its not clothing and textile related. Good move.

[@NanaoNganba]

1. Lori 2. Kevin 3. Barbara 4. Daymond 5. Robert 6. Mark But yes, Mark is way too rich to spend his time on startups

[@Wilson-Long]

Honestly, that’s a pretty sick flamethrower.

[@phoenixgamer1565]

He should have gone with Kevin. It was a better deal.

[@overlordghs1081]

It's only as portable as the propane tank is.

[@cetdollarmusic]

How you not take Kevin for what you asked for? The pizza oven must was after this epiesode. I would’ve went with Chef Wonderful. I mean he does this. People think Kevin is mean but he’s just a business man he handles business.

[@itumelengmodiba2697]

This guy is very humbled love him

[@legendarypo183]

7:23 woah Kevin😂😂😂

[@jadeemperor1616]

No congratulations for you Josh 😂

[@shakesalotjones]

Lori has an obvious crush on this dude. Good deal.

[@renegarciafitness]

It's a great product. I will have to get one for my backyard lol

[@biz168]

One of the best fast pitch and deal! 🎉❤

[@SHAILESH506]

This entrepreneur is smart.

[@Daniel-ui3zy]

Lori is still the ruler of shark tank. That wont change.

[@Starburstguy]

It's rare to see a presentation in the tank where none of the sharks technically are out, they never said they were, unless it was edited out but only 3 shark offer's were presented.

[@momi1385]

The product was so good!

[@SBCOMMWORLD]

For the best Marketing 2.5% additional equity plus short term royalty is worthwhile

[@VioletVoyage314]

true success story. what a great choice he made

[@SPTV]

If you want to see more iconic scenes from Shark Tank US, SUBSCRIBE to our channel! 🦈

[@josephfarrell3287]

yo that’s straight up billy from fyre fest in a disguise bro

[@AyTeeAndTeeDood]

She was the best fit. He just needs marketing and exposure to ensure his expansions will be worthwhile and the other sharks were focusing on their personal life choices and social media where as Lori is gunna give him mass marketing and put him in stores. She was giving him what he wanted more then the 200k for 10% Kevin offered

[@letsgoooo_z]

i'm soo sad the deal with lori never closed cuz the guy looked so happy and grateful 😭

[@josephchan9451]

I see chemistry and and long term real good deal 😂

[@bigsid1984]

Portable with propane tank. lol

[@Collab2023-zx1mr]

Exactlyyyyy

[@infowazz]

what about a Hibachi grill to make hibachi chicken or beef at home? like the George Foreman grill but its hibachi. like many ideas, i'm sure someone already made it.

[@minttrading5161]

Great one for Josh, I loved the rivalry.

[@-Legacy]

When moon

[@mr.existential3797]

First time Kevin Doesn’t do a royalty and looses to a royalty 😂😂

[@globescape4771]

He's a happy camper!

[@ademk8220]

people don't consider Kevin's offers cuz he focus only on profet regarless companies' legacy, I can tell that from he always saying " I respect sales and money, cashflow " etc ... , when u are investing without believing in the company u won't be able to add much when it needs a push/ pushes

[@uasakura]

honestly, lori and mark are the people I would partner with too

[@ironray123]

I want to be the guy who hits the high hat at the very end of the intro music.

[@360finance2]

Wild how it is a P/E of

[@JefeAli]

This Show get Better by The day 💯

[@Jester556]

Lori gave him a free throw

[@davidhutch307]

I would always take Mark, Mr. Wonderful, and Lori in that order all else being equal so I think he should've taken Kevin's deal, but if Lori was his plan going on then then 200k loan and the 2.5% are pretty meaningless long term.