Entrepreneur Wants $300K for 4% And REFUSES To Budge | Shark Tank AUS

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Shark Tank Australia

Shark Tank Australia

4 жыл бұрын

Will Davies & Dave Trumbull entered the Tank seeking $300K in return for a 4% equity stake. 'Car Next Door' allows users to rent a car by the hour or by the day, with fuel and insurance included; with rentals going for as little $5 an hour, who wouldn't want to invest? 🦈
Company Website: www.carnextdoor.com.au/
An international sensation, Shark Tank AUS features entrepreneurs pitching for investment in the Tank from our Sharks, five venture capitalists willing to invest their own money in exchange for equity.
As Seen On Shark Tank Australia Products: amzn.to/2ZJBbyf
Shark Tank US Products Collection: amzn.to/3bMNjmI
#SharkTank #CarNextDoor #NoNegotiations

Пікірлер: 1 000
@red241988
@red241988 4 жыл бұрын
The Australian shark tank is really polite. They don't disrespect the entrepreneurs And they all stand up when someone gets a deal. Refreshing to see the encouragement they give them.
@kathleensilva2414
@kathleensilva2414 2 жыл бұрын
I am from the US and I like the Australia Shark Tank better!😊
@poojamittal881
@poojamittal881 2 жыл бұрын
@@kathleensilva2414 Yes i am not from the US but i like it more than the us one as well.
@moogleking
@moogleking 2 жыл бұрын
Australian people are nicer than US people yeah
@veganpotterthevegan
@veganpotterthevegan 2 жыл бұрын
They're nicer, they certainly disrespect people from time to time though. I wish they did it more often
@Crushcompetition
@Crushcompetition 4 жыл бұрын
Steve has been saving alot of money for this pitch and he didnt even asked where they are from 😂
@ChintanCG
@ChintanCG 4 жыл бұрын
Probably got edited out
@105wonky8
@105wonky8 4 жыл бұрын
Lol
@santimerino
@santimerino 4 жыл бұрын
Looool
@bigdm9349
@bigdm9349 4 жыл бұрын
A lot*
@Crushcompetition
@Crushcompetition 4 жыл бұрын
@Kas Gikes take it easy bro 😂
@amit4Bihar
@amit4Bihar 4 жыл бұрын
Steve Baxter made a killing by investing 300k for 4%. Hyundai invested 6.2 million dollars in the company few months back. This company is now worth at least 30 million dollars. 4% equals 1.2 million dollars, so investment multiplied 4 times already. It'll only go up from here
@mohitkumar-tv5ye
@mohitkumar-tv5ye 4 жыл бұрын
it's not that straightforward calculation. all shareholders must have been diluted in each round and they have gone through 9 funding rounds in total, so at least 6 rounds post this shark tank investment.
@MitchellTF
@MitchellTF 4 жыл бұрын
Besides dilution (Which may or may not have happened...) And besides Cash Flow... Shareholders only get money when dividends are paid, and when they exit. Furthermore, you also have to count the fact that they have to wait for their money, which means you have to do PV and FV.
@XiagraBalls
@XiagraBalls 4 жыл бұрын
Interesting idea. But why would anyone want to attach something like that to their car. It needs to be more discreet.
@MitchellTF
@MitchellTF 4 жыл бұрын
It's also important to note this comment about "Dumb money". Sharks HATE spending dumb money. (Even Mr. Wonderful.) You don't spend money unless you know you're getting it back...and can HELP get it back. Otherwise, it's just a gamble. At the same times, a Shark's time is valuable. Like, $100,000 for 30 hours? That's 30 hours they could spend instead making $1,000,000...
@Jehannum2000
@Jehannum2000 4 жыл бұрын
@@XiagraBalls There are people who could open that box in less than 10 seconds.
@elliotburing87
@elliotburing87 3 жыл бұрын
Proof that MS Paint still has some use in the graphic design industry.
@meerars4906
@meerars4906 3 жыл бұрын
😂😂
@obadiahkeru6295
@obadiahkeru6295 4 жыл бұрын
This is actually one of the first times that I've seen Steve accept such a low stake in a business, this business idea is very good.
@Matthew_M11
@Matthew_M11 4 жыл бұрын
I've seen them around Sydney, if I found 300k under my mattress I'd invest in them
@Wizardofgosz
@Wizardofgosz 4 жыл бұрын
That's the first time across all the shows where I saw a shark go in at what was asked, in such a high valuation. If the valuation is accurate, then 4% will yield nice returns.
@CharlieTheNerd91
@CharlieTheNerd91 4 жыл бұрын
@@MarceloVeronezzi Well there are similar concepts to this one across europe, and they work great. I do not want it for one ride like an uber, I want to rent a car for some time, it can be a few hours or a day or two...
@pedromartinho7549
@pedromartinho7549 4 жыл бұрын
Mar Celo u can say what u want but Steve actually says it’s his best investment in 4 years of shark tank
@LetTheFloodIn
@LetTheFloodIn 4 жыл бұрын
@@MarceloVeronezzi perimeter dashcams/get a tesla
@roygo10
@roygo10 4 жыл бұрын
They should really hire a graphic designer, their logo is awful.
@sarahreynolds6805
@sarahreynolds6805 4 жыл бұрын
lego are calling their copyright infringement department
@jcaylalove8713
@jcaylalove8713 4 жыл бұрын
I agree! It's shit!
@weldmachine
@weldmachine 4 жыл бұрын
It is a little average. But in the marketing world it works. Why. Because it,s annoying to look at. So people remember it. That is point of it.
@weldmachine
@weldmachine 4 жыл бұрын
@VideZoniX ! Your right about that. It does not matter. Most people would just think your into Lego.
@QueenRexy
@QueenRexy 4 жыл бұрын
Peter CCR ENG No one is going to remember that logo. It looks like clip art.
@This_Origami
@This_Origami 4 жыл бұрын
"she got her no face on", well boi that's her trademark
@jazldazl9193
@jazldazl9193 4 жыл бұрын
only mug she got
@kelly00000111111
@kelly00000111111 4 жыл бұрын
I’d love to see her “O” face
@rayrowley4013
@rayrowley4013 3 жыл бұрын
I think that is just her face. She has resting no face.
@shepherdsgamingrun
@shepherdsgamingrun 3 жыл бұрын
All is good until you hear "This is the Lockpickinglawyer, and today we have a lock used by Car Next Door..."
@JanWeigangMusic
@JanWeigangMusic 3 жыл бұрын
This!
@fitybux4664
@fitybux4664 2 жыл бұрын
Well that could be for any car lock, right? LOL.
@MrCow579
@MrCow579 2 жыл бұрын
I need someone to send one of their locks to him!
@TheJBronson
@TheJBronson 2 жыл бұрын
@@fitybux4664 well this lock opens up to a highly encrypted key that just hands you the use of the whole car lol.
@noahollington9946
@noahollington9946 12 күн бұрын
legit, and then theres just the idea of breaking the lockbox not just picking it
@chromatic6123
@chromatic6123 4 жыл бұрын
Never realized how short Steve was until he stood up to shake their hands lol
@da23du
@da23du 3 жыл бұрын
He looked Hella chunky too likt he had a fat man costume underneath
@taraseidel7942
@taraseidel7942 2 жыл бұрын
I was tbinking that too, when he shook the taller guys hand! lol
@gilesm5716
@gilesm5716 10 ай бұрын
He really needs to shake hands with Peter Jones
@Dennifer1
@Dennifer1 4 жыл бұрын
The sound engineer is just having the best time
@gahant28
@gahant28 4 жыл бұрын
Steve casually spending 300k like it's nothing lol
@ethank5681
@ethank5681 4 жыл бұрын
Gahan Todd he just wants to find out where they’re from
@peauntbutterxboy93
@peauntbutterxboy93 4 жыл бұрын
Lil Benz shut the fuck up
@larjkok1184
@larjkok1184 4 жыл бұрын
Lil Benz Gay comment.
@yetikoalaace7780
@yetikoalaace7780 4 жыл бұрын
actually he invested it
@davidk7441
@davidk7441 4 жыл бұрын
$300k is nothing to those who knows how to make money buddy. Good friend of mine makes $250k every week.
@julianrombach1974
@julianrombach1974 3 жыл бұрын
According to Steve, monetarily speaking, this has been his best investment on Shark Tank
@identityvdreamwitch3557
@identityvdreamwitch3557 4 жыл бұрын
It's gonna suck when someone figures out how to quickly break into those locks.
@communistpropagandist4608
@communistpropagandist4608 4 жыл бұрын
As long as they make it more difficult than hot wiring a car nobody will bother.
@Ian-hn8ty
@Ian-hn8ty 4 жыл бұрын
depends on whether they are in a shithole country or not.
@Jackhardman93
@Jackhardman93 4 жыл бұрын
Battery angle grinder won’t have a problem
@TBK0133
@TBK0133 4 жыл бұрын
I mean rent the car out once then whilst you have the key make a copy..
@hybridsouls
@hybridsouls 4 жыл бұрын
This is what insurance covers guys...
@ChaseOGLP
@ChaseOGLP 4 жыл бұрын
8:50 “I’m good” literally means the opposite in US ... maybe the earth is a globe after all
@ChaseOGLP
@ChaseOGLP 4 жыл бұрын
Dallis McClintok Great news mate
@MrPicklepod
@MrPicklepod 4 жыл бұрын
@Dallis McClintok oi oi I do love a flat earth
@sjsushay7250
@sjsushay7250 4 жыл бұрын
Dallis McClintok oh shut up
@thetessellater9163
@thetessellater9163 4 жыл бұрын
@Dallis McClintok - I have heard other self - deluders say God created the earth (he waited 13 billion years for us?) - stupid people - but never seen anyone claim Christ did so ! Hot news - all the world's religions grew out of the ancient people's stories they'd made up about the sun, moon and stars. Millennia of these stories handed down in an oral tradition evolved and eventually got written down, and further corrupted to conveniently fit any particular religion (insert your religion here). This is the 21st century, Dallis, get real ! Yo
@bradleymchugh6952
@bradleymchugh6952 4 жыл бұрын
@@thetessellater9163 They're brainwashed from a very young age it's no use.
@JH-rm3qf
@JH-rm3qf 4 жыл бұрын
55 employees, 9 rounds of funding, impressive growth. This company exploded, the sharks really missed out..
@coastaku1954
@coastaku1954 3 жыл бұрын
What do you mean? Steve took the offer
@andrewvarghese2119
@andrewvarghese2119 2 жыл бұрын
@@coastaku1954 Probably did not put money. Making an offer on the show vs actually investing are very different things.
@kaisuzuki2013
@kaisuzuki2013 2 жыл бұрын
Just got sold to uber i reckon he got a very good return
@technetium9653
@technetium9653 2 жыл бұрын
@@andrewvarghese2119 according to an article ( that I would totally link if KZbin didn't delete any comments with links) Baxter got a share in the pie so he did get a win.
@muszr00m
@muszr00m 10 ай бұрын
I have used Car Next Door. Amazing service and company.
@minners71
@minners71 4 жыл бұрын
Jenny: I've just realised I'm on the wrong show so for that reason I'm out.
@Ryanjoned163
@Ryanjoned163 3 жыл бұрын
🤣🤣🤣🤣🤣🤣🤣 never thought I see a Jenny pisstake comment on here greetings from Wales UK where are you from
@tennoboi655
@tennoboi655 3 жыл бұрын
@@Ryanjoned163 I'm From India, Much Love :)
@Ryanjoned163
@Ryanjoned163 3 жыл бұрын
@@tennoboi655 RIGHT back at you in from wales UK my friend
@tennoboi655
@tennoboi655 3 жыл бұрын
@@Ryanjoned163 May Your Days Be Filled With Love And Peace. Have a Great Day!
@Ryanjoned163
@Ryanjoned163 3 жыл бұрын
@@tennoboi655 thank you may the Grace of our Lord Jesus Christ to be with you
@rx58000
@rx58000 4 жыл бұрын
8:50 "I'm Good" i was like allright , everyone starts applauding , WTF?
@imfamouswarrior2976
@imfamouswarrior2976 3 жыл бұрын
I love that steve straight up says, if I’m investing this much here, I’m already going to be committing blood sweat and tears (time), with you, to push forward your business, don’t bother with the option. And theres times where he’s straight up said, i just want money out of this business not going to do much. I respect him and would love to have him as a partner with his frankness and pure straight forward honesty.
@ghostbuddy3106
@ghostbuddy3106 4 жыл бұрын
'The Lock Picking Lawyer' and 'Bosnian Bill' have entered the chat...
@deanmajidy6197
@deanmajidy6197 4 жыл бұрын
Damn maybe I should move to another country and make a startup that’s already been made in the U.S
@WTC-1990
@WTC-1990 4 жыл бұрын
The Australian market is extremely hard to get into cause we primarily but Australian owned and made, it's the reason so many hugh companies have failed in our market like Carl's Jr, Taco Bell, Wall-Mart, Burger King, you have to be an extreme juggernaut to get in here like McDonald's
@Andrew-sx2st
@Andrew-sx2st 4 жыл бұрын
W.T.C 1990 it’s cultural differences you have to adhere to
@NuttedInYoMom
@NuttedInYoMom 4 жыл бұрын
@dirkyboy Either your a joke joking, or are being a completely unnecessary asshole. Either way, you should stop spreading your misery onto others.
@23352408akash
@23352408akash 4 жыл бұрын
@@WTC-1990 wait youre telling me McDonald's is bigger than wallmart? Really?
@WTC-1990
@WTC-1990 4 жыл бұрын
@@23352408akash in the Australian market yes where as Wallmart is non existent in our market
@Inbal_Feuchtwanger
@Inbal_Feuchtwanger 4 жыл бұрын
This is my favorite pitch from the Aussie Shark Tank so far. Dudes are writing options as a bonus to flex their financial aptitude while standing firm on their valuation because they know what theyre worth. Love these guys and love that the producers allowed an episode that respected the audiences intelligence.
@cagycylinder6246
@cagycylinder6246 4 жыл бұрын
Steve has stopped asking his signature question, ‘where ya from mate?” For this reason, I’M OUT!
@whatsfordinner1695
@whatsfordinner1695 2 жыл бұрын
One of the best presentations I've seen so far. Well thought out, they had a plan and knew what they were doing and had counter offers in mind already.
@caninho1
@caninho1 4 жыл бұрын
2:57 "we need to have all the city covered" camera cuts to steve :D "which cities exactly mate?" hahaha
@karansarin1986
@karansarin1986 4 жыл бұрын
These guys were genuine, and Steve was able to see that in them.
@thetessellater9163
@thetessellater9163 4 жыл бұрын
Surely if someone can be 'seen through' that means they are not genuine?
@fraserernie9411
@fraserernie9411 4 жыл бұрын
the tessellater yeah Karen you boomer
@karansarin1986
@karansarin1986 4 жыл бұрын
@@fraserernie9411 Changed it. 🙃 booyah!
@robertblue3795
@robertblue3795 4 жыл бұрын
When Steve didn't start off with "where you blokes from?" We knew he was serious. Meanwhile, Jenny says " wait! I'm out!".
@tbeerens123
@tbeerens123 3 жыл бұрын
For me this was one of the best presentations. Clean and very clear.
@alib1919
@alib1919 4 жыл бұрын
This version is so different to the UK's Dragons Den. Unless it was edited out, they barely discussed how many other share-holders there are and at what percentage etc..... I can't imagine Peter Jones chucking £300k at them without going over all that "I'm worth so much more" gubbins.
@The_Janitors_Closet
@The_Janitors_Closet 4 жыл бұрын
I’m sure they ask a lot of those questions after the show.
@Argumemnon
@Argumemnon 4 жыл бұрын
I don't know many people who'd want to share their car with a stranger.
@jessecw2
@jessecw2 4 жыл бұрын
There's a large market in the US with turo I've used probably about 10 different cars, 7 of them were people who just had an extra car and 3 of them were people who owned dozens of cars and rented em out
@blueapple9077
@blueapple9077 4 жыл бұрын
Ha, i remember when people said that about air bnb or uber. People were like who would want to get a ride from a stranger or stay at a strangers house....look at thoes companies now.
@COOKIE-NZL
@COOKIE-NZL 4 жыл бұрын
Tesla with smart driving tech intend to let owners make profit during work hours etc to taxi there car while not in use. I think this would be the alternative option for non self driving cars. Tbh I think its a great idea with the right legal papers when crime/accidents happen.
@themightytk
@themightytk 4 жыл бұрын
@@MarceloVeronezzi this pitch was a few years ago. Car Next Door is a very successful business now. I am a user. There is literally hundreds of cars within walking distance of my house that I can rent. You have to upload photos of the car from all angles, inside and out, before you take the car and then after it is returned. They also include comprehensive car insurance in case of accidents
@jamesadam4415
@jamesadam4415 4 жыл бұрын
I DO know lots of people who'd want extra money for nothing though
@Wizardofgosz
@Wizardofgosz 4 жыл бұрын
That's the first time across all the shows where I saw a shark go in at what was asked, in such a high valuation.
@MrJayehawk
@MrJayehawk 3 жыл бұрын
Will's accent is so strong he almost sounds like he's mocking Australians.
@Rogu14
@Rogu14 4 жыл бұрын
"The platform is currently valued at more than $13 million and has the backing of Caltex and high-profile tech entrepreneur Steve Baxter, who took a stake in the company during an episode of Channel 10’s Shark Tank." The text is from 2017, seems like it was worth it.
@amit4Bihar
@amit4Bihar 4 жыл бұрын
Now it's valued even more with total 8+million dollars investment from Hyundai alone. Should be 30$million
@OldManShoutsAtClouds
@OldManShoutsAtClouds 4 жыл бұрын
@@MarceloVeronezzi Super easy, you build a step in the app that allows you to take pictures of the exterior and check them in BEFORE you get the keys.
@MonoMan1
@MonoMan1 4 жыл бұрын
@@MarceloVeronezzi What do you think happens when you rent a car from Hertz and you don't have photos from before you drove it proving no damage? You'll get charged for the damage...same here. The renter proves the damage was there beforehand or they take the blame. Yes, it'll be a pain point and it'll add to their operating costs, but it'll be no different to any other rental company that is already super successful. Most people can't afford to sue a business, that'd end up costing $15k at least and the cost for the excess on the insurance would only be a few thousand at most. Also...GoGet and similar car sharing business have existed for ages and have the exact same problems. These are just problems, not business killers.
@iEyeronik
@iEyeronik 4 жыл бұрын
Turo is better
@davidberan9612
@davidberan9612 4 жыл бұрын
Seems like Naomi is there just for the cheering in the end.
@TheProphegy
@TheProphegy 3 жыл бұрын
This show is so loving and friendly compared to Dragon’s Den. lol.
@MrMarko4
@MrMarko4 4 жыл бұрын
That presentation was better than any I’ve ever seen here in the UK on Dragons Den.
@thetessellater9163
@thetessellater9163 4 жыл бұрын
I agree
@VIRAL_DNA
@VIRAL_DNA 4 жыл бұрын
It surprises me how simple businesses like this can do so well. I guess Australia didn't have anything like this and it was easier to corner the market. You also have to think, at least where I'm from, that insurance doesn't cover the person driving your car unless you add them to your insurance, so this kind of model wouldn't work here. Things are obviously different in Australia. And what about damages caused by the people borrowing the vehicle. You'd have to do a photographic walk around after each rental if you wanted to prove someone put a dent/scratch in your car. And what about someone driving it hard or negligently and causing the vehicle damage internally that may not show until a later date, how do you prove who did the damage? You'd need an onboard computer/ODB to track the cars health during each use. Bottom line, I would never enter my vehicle in a program like this. And I pray for those that have.
@Dbjjr26
@Dbjjr26 4 жыл бұрын
Hahaha shes got her NO face on lmfao. Andrew: oh so you've been watching hahaha
@MB-ey6vv
@MB-ey6vv 4 жыл бұрын
That keypad on the car really dont look practical.
@dandingerat
@dandingerat 4 жыл бұрын
You can take it off once you're inside the car, it just sits hooked into the window.
@MB-ey6vv
@MB-ey6vv 4 жыл бұрын
@@dandingerat oh, ok. It may be an old video? Cuz using ur smartphone to unlock the car is a bit more user friendly.
@HornsoftheStagg
@HornsoftheStagg 4 жыл бұрын
@@MB-ey6vv Wouldn't that be easier to hack than breaking open the keypad (likely triggering a warning to the company's/client's database)?
@badgebadge8946
@badgebadge8946 4 жыл бұрын
its definitely a target for vandals, and curious hoons.
@XxzephyrusxX1
@XxzephyrusxX1 4 жыл бұрын
@@HornsoftheStagg No.
@Mike-ym6rl
@Mike-ym6rl 4 жыл бұрын
That lock box is terrible. In Canada we use a card with an embedded chip which we tap on the windshield. Search Zipcar Canada.
@thebellfamilybell2477
@thebellfamilybell2477 4 жыл бұрын
One of the best counter offers I've heard
@mrwisesage243
@mrwisesage243 4 жыл бұрын
I have never seen Steve say "I am good" so easily!
@waseemmalik3281
@waseemmalik3281 3 жыл бұрын
I had the same idea that I presented for a school project were we had to introduce our start-up and now 2 years later its reality. There goas my idea lol
@Manuelgelo
@Manuelgelo 4 жыл бұрын
@3:40 I love how Andrew’s eyes light up
@NeilCouttsShow
@NeilCouttsShow 3 жыл бұрын
The presentation is what won them the prize, didn't even crack under the pressure.
@gustamer4868
@gustamer4868 4 жыл бұрын
They barely even talked about the product. The sharks were just out out out and that was it.
@Supr653
@Supr653 4 жыл бұрын
like always. fuckers
@ethank5681
@ethank5681 4 жыл бұрын
The clips are edited u peanut. If they showed the entire pitch we would be bored to death by Steve finding out where everyone is from
@stephaniemunro2948
@stephaniemunro2948 4 жыл бұрын
If you google it, They have like 40 minute pitches and the show just edits it to the best parts for TV. So there was probably a lot we didn't see in terms of talking about the product.
@JakeLYT
@JakeLYT 4 жыл бұрын
@@ethank5681 legend!
@peterpan2236
@peterpan2236 4 жыл бұрын
yeap they re edited... i think it takes about 1hour each pitch
@IsomerMashups
@IsomerMashups 4 жыл бұрын
Immediate concern: Who's on the hook if the car crashes? How can you possibly get insurance for this? Why did no one ask?
@Philip550c
@Philip550c 4 жыл бұрын
It seems like a nightmare that will end in disaster. I would never let a stranger take my car. This would never work in the US. The cars would go straight over the border.
@michaelkhleb
@michaelkhleb 4 жыл бұрын
@@Philip550c it would and it does. Ever hear of Turo? these companies have existed for years and this is another knock off
@Philip550c
@Philip550c 4 жыл бұрын
@@michaelkhleb I have heard of turo. Last time I checked it was mainly for cars the average person can't afford and costs $100s a day. Is it for average cars now?
@juanses
@juanses 4 жыл бұрын
@@Philip550c do you mean like GetAround ?......
@michaelkhleb
@michaelkhleb 4 жыл бұрын
@@Philip550c anyone can list their car on turo. they have pretty much everything
@herogebrial
@herogebrial 4 жыл бұрын
Honest guys. Wish them the best of luck
@volkan.demircan
@volkan.demircan 2 жыл бұрын
Amazing episode. Congrats Mr. Baxter.
@misterpete8001
@misterpete8001 4 жыл бұрын
The guy on the right looks like Matthew Hayden
@carlosvasquezlopez3369
@carlosvasquezlopez3369 3 жыл бұрын
naomi: and for that reason I'm out🤣always
@maxputhoff1436
@maxputhoff1436 2 жыл бұрын
That lock box sitting against the window glass gives me anxiety. Seems like a stiff wind would make it break the window.
@king_sibothiyaneinvest5427
@king_sibothiyaneinvest5427 3 жыл бұрын
Mr Steve inspires me right here in Swaziland 🇸🇿. Your good heart is what makes me fall for you every day!
@Plotkara2013
@Plotkara2013 4 жыл бұрын
I think I've seen something similar in either Shark Tank or Dragons Den but it was exclusively when someone leaves their car and goes away for holidays
@tommyrichards1589
@tommyrichards1589 4 жыл бұрын
Yeah it was on this show
@Plotkara2013
@Plotkara2013 4 жыл бұрын
@Kevin You Woah. I had no idea. Such a shame. The idea wasn't bad at all. I would definitely become a customer If I had a chance to. Are you aware of any other companies who tried to replicate the idea?
@sjneow
@sjneow 4 жыл бұрын
We have one in Malaysia operating for over two years i believe
@thetessellater9163
@thetessellater9163 4 жыл бұрын
@@Plotkara2013 - This is more expensive than normal car hire !
@thetessellater9163
@thetessellater9163 4 жыл бұрын
@Anthony Smith - we're talking about car sharing, not food!
@N00BUSTAH
@N00BUSTAH 4 жыл бұрын
Considering Hyundai has invested near on 7 million dollars now and a further 1.2 million was done after shark tank it's fair to say that his 4% will be quite valuable in the future. A brilliant deal for both sides
@dudeman7998
@dudeman7998 2 жыл бұрын
Very proud to work for these guys
@kaseyheslin596
@kaseyheslin596 2 жыл бұрын
9:13 “should we hold hands?” 😂😂😂
@sonofdarvin
@sonofdarvin 4 жыл бұрын
I see these videos just to listen to some cool Australian accent
@discordwoodpodcast2148
@discordwoodpodcast2148 4 жыл бұрын
- The real play here is.. They will need more money down the road.. The ones that get in early will sell there shares for multiple times more. That's how these types of business work.. Pretty much buy shit and sell it to someone else who wants to buy shit to sell it to someone else ...and it repeats. :)
@saran99945
@saran99945 4 жыл бұрын
lol..this is how business investment works..All the time we are out of this because you need hold at-least 1 million to invest any new companies..For example,Netflix share price was $0.05 cents with 25% bonus for investors then came to public as $1.20 cents..
@thetessellater9163
@thetessellater9163 4 жыл бұрын
@@saran99945 - your comment is vague and not readily understandable
@genyagalak9407
@genyagalak9407 3 жыл бұрын
Well this business isn't shit any more, if you been keeping up to date... 🤑
@armadilloburns4880
@armadilloburns4880 4 жыл бұрын
Best pitch ever.
@wanderingsoul7901
@wanderingsoul7901 4 жыл бұрын
Steve may sound tough and mean but he is a humble man. See the Gand shakes he did, no arrogance but humbleness and respect
@michaeljames4194
@michaeljames4194 4 жыл бұрын
I'm surprised no one asked about responsibility for accidents nor how to ensure the person driving is a valid license holder. very bizarre
@marcotheexplorer5847
@marcotheexplorer5847 4 жыл бұрын
so were going to act like they didnt steal the business model from TURO in usa lol
@shayk4791
@shayk4791 4 жыл бұрын
or Getaround
@CharlieTheNerd91
@CharlieTheNerd91 4 жыл бұрын
the concept exists in Europe since about 2008 as well
@thetessellater9163
@thetessellater9163 4 жыл бұрын
The idea itself is not new, for sure, but not every successful business needs to 're-invent the wheel' . In fact most business ideas are not innovative, just clever.
@meghannelisa896
@meghannelisa896 3 жыл бұрын
I remember using something more advanced with a keycard system in Berlin in 2015
@Junjito6
@Junjito6 4 жыл бұрын
Shoutout to Steve. He's the only fucking one who makes deals lmaoo
@Salman-wl9ys
@Salman-wl9ys 2 жыл бұрын
you know steve was overwhelmed he didn't even ask where they are from
@user-wickedflower
@user-wickedflower 4 жыл бұрын
No way somebody is going to drive my car ,what about speeding tickets, parking scrapes, paint dints, engine probs, transmission issues when not used correctly. Madness
@arnoldmatthews834
@arnoldmatthews834 4 жыл бұрын
CapDown have you guys heard of Turo? It’s an American company with over 350,000 cars listed. So yes it does have to potential to work. If something does happen to the car then Turo will have it covered with their insurance. Also the renter usually has to leave a deposit incase something does happen. Pictures are taken before and after being rented.
@hybridsouls
@hybridsouls 4 жыл бұрын
I have a mate that loans his car, they cover the full insurance whilst been rented. Nothing to worry about.
@hybridsouls
@hybridsouls 4 жыл бұрын
Im not sure exactly how the charges work but he said its either per day or km depending.
@thetessellater9163
@thetessellater9163 4 жыл бұрын
@@iConformed - you may not be able to see this working - but it is !
@salemkid1979
@salemkid1979 4 жыл бұрын
Guest Shark from Home and Away: Alf Stewart "Im not investing in this flamin mongrels idea, bloody sheilas!"
@jameslocations
@jameslocations 4 жыл бұрын
when did this come out?
@Chef_Cooke
@Chef_Cooke Жыл бұрын
David Trumble’s son was my best friend in the first year of primary school, but then he moved away 😢
@leaper7808
@leaper7808 4 жыл бұрын
I’ll be making a clone of this in the US
@pauliusd6505
@pauliusd6505 4 жыл бұрын
just realised Ive watched all the episodes on this channel and now Im sad
@fluxpistol3608
@fluxpistol3608 4 жыл бұрын
They know they have something good that’s why & they’re right
@Kpictures_NYC
@Kpictures_NYC 4 жыл бұрын
As a car owner I say no to people driving my car which can lead to wear and tear that will end up costing me a ton. Plus people can easily abuse your car plus accidents which I’m sure there insurance but who wants to deal with that hassle? Sometimes it’s just not worth renting out your belongings.
@christineculshaw9468
@christineculshaw9468 2 жыл бұрын
Your exactly right, I had my Car on CarNextDoor and everything you just said happened to me, its not worth it
@bobnweaving
@bobnweaving 4 жыл бұрын
No one made a counter offer how wouldn't they budge
@samjones8276
@samjones8276 4 жыл бұрын
Bobbin Weaving 7:50
@WTC-1990
@WTC-1990 4 жыл бұрын
They made it clear from the start there was no negotiation on the evaluation
@nopenope2868
@nopenope2868 4 жыл бұрын
How about 50% and i give you a place rent free for 12 Months
@Abstrue
@Abstrue 3 жыл бұрын
5:17 (Chuckles) "I'm in danger"
@genyagalak9407
@genyagalak9407 3 жыл бұрын
Steven is a very very smart man... Im sure he is very happy today 😂🤓🤑
@deodenum
@deodenum 4 жыл бұрын
Steve Baxter named this as his best investment on shark tank
@ethank5681
@ethank5681 4 жыл бұрын
deodenum I thought his best investment was the where ya from mate 2000 computer entertainment system?
@themasterchef7306
@themasterchef7306 4 жыл бұрын
Does anyone know how the company is doing now?
@IamWhoIam114
@IamWhoIam114 4 жыл бұрын
@James Wood why do you keep saying 'Arsestralian'?
@CallMeMFor12345
@CallMeMFor12345 4 жыл бұрын
Seren_ dipitous He must live in Australia, the keyboard flipped upside down.
@thetessellater9163
@thetessellater9163 4 жыл бұрын
All very well off by now, maybe millionaires, good luck to them.
@citzn
@citzn 4 жыл бұрын
They have similar in Ireland, you can open the car through an app
@HoMeP1able
@HoMeP1able 3 жыл бұрын
There is getaraound or turo here in US
@billus3893
@billus3893 Жыл бұрын
Uber just acquired this company so these guys probably made many millions of dolla
@kingsleykofiboateng7278
@kingsleykofiboateng7278 2 жыл бұрын
"These people should back out " in Steve's mind 😂
@conni2you
@conni2you 4 жыл бұрын
I am curious if someone puts their key fob in that lock box then is the lock box left on the window like they showed in their demo? I ask this because like most cars with key fobs.... my key fob allows me to press a button on my door handle that will unlock the doors if it’s within range. Where that lock box is located in their demo is definitely within range and someone could open the car and take whatever they wanted from inside it. Also there are some sensors for those fobs that are not as accurate as others in regard to weather or not it is inside the vehicle and being that the box is right on the window then it could possibly allow for the car to be started and driven away. I have tested this before with a few cars and I know my car will not start if the fob is even an inch outside the frame of the door but my friends car will start with hers more then a foot away from the car. Anyway I would hope that they just had the box on the car window for demonstration purposes and in reality that box is really meant to be put on the door handle of the owners home or something like that.
@misterincognito6089
@misterincognito6089 3 жыл бұрын
This has been existing for years in my country, we call it SnappCar, but it is way more modern than this concept. We open the cars with a app and the keys are in the glovebox, as soon as you sign up your car will be loaded up with security and gps. Its not even comparable to this concept.
@Candlemantle
@Candlemantle 3 жыл бұрын
Yeah they have this in USA too called “turo” interesting...
@sahilakhtar9645
@sahilakhtar9645 4 жыл бұрын
Australian shark tank - “ i’m out “ Americas shark tank - “i’m in”
@peauntbutterxboy93
@peauntbutterxboy93 4 жыл бұрын
Ex4 Ghost makes zero sense L
@user-gg1fn4so3s
@user-gg1fn4so3s 4 жыл бұрын
Curtis Warren because on some episodes they say they are out, then come back in
@huntert6928
@huntert6928 4 жыл бұрын
@@user-gg1fn4so3s lol no thats not what the original poster meant
@sahilakhtar9645
@sahilakhtar9645 4 жыл бұрын
Just watch americas shark tank ...they are always so in 😂
@whyyynotttt
@whyyynotttt 4 жыл бұрын
In the states, there's an app that is similar, but we unlock the car with our app.
@OakApplegardens
@OakApplegardens 4 жыл бұрын
Need that in UK. Could set it up and not need the Dragons.
@86SVA
@86SVA 4 жыл бұрын
Australia is always behind when it comes to technology
@MrRedsjack
@MrRedsjack 4 жыл бұрын
Yeah but the app lock boxes sometimes run out of battery and sucks royally
@thetessellater9163
@thetessellater9163 4 жыл бұрын
@@OakApplegardens - standard car hire is much cheaper !
@thetessellater9163
@thetessellater9163 4 жыл бұрын
@@MrRedsjack - you'd get thrown into the dungeon for that!
@whiteshadow59
@whiteshadow59 4 жыл бұрын
Shark Tank and DD releasing videos at the same time.... DD must own ST.....
@danielhall9802
@danielhall9802 3 жыл бұрын
Excellent presentation
@victornazha1489
@victornazha1489 4 жыл бұрын
Yes u own a red dress yes I never invest and for that reason I'm out
@DayaCIDfan
@DayaCIDfan 4 жыл бұрын
CarNextDooe is massively successful now. Dang Steve has good instincts!
@johnbeechy
@johnbeechy 4 жыл бұрын
he could also.. add vehicles in areas where there is no owner to offer a vehicle in same town/city..
@badabing8152
@badabing8152 2 жыл бұрын
hahahaha this is the first time I've seen Steve get up and shake hands hahahahahahah is he a hobbit!?!?!?!?
@ulvenhakon
@ulvenhakon 4 жыл бұрын
That's actually a great idea. I hope this will go well!
@robtien7
@robtien7 4 жыл бұрын
This was like 6 years ago. Its doing extremely well
@ulvenhakon
@ulvenhakon 4 жыл бұрын
@@MarceloVeronezzi look at their website. It seems their business going really well
@robtien7
@robtien7 4 жыл бұрын
@@MarceloVeronezzi lol do some research . The company is fucking killing it. Would be worth close to $100 million
@darkestralkwt4568
@darkestralkwt4568 4 жыл бұрын
Regan O'Brien 30 million
@yoransom
@yoransom 4 жыл бұрын
Wonder how much cheaper this is than just renting a car....?
@thetessellater9163
@thetessellater9163 4 жыл бұрын
From what I can see, it is far more expensive! Here in the UK, you can hire a car for £40 a day, plus fuel.
@gghff9975
@gghff9975 2 жыл бұрын
I live the way the sharks are always smiling
@SephBane
@SephBane 3 жыл бұрын
Imagine driving with a lock box on your window next to your head.
@a_fatality
@a_fatality 4 жыл бұрын
So basically they created Turo?
@ariesmusiq
@ariesmusiq 4 жыл бұрын
Yeah, but it looks like they cut out the owner having to meet the person
@kyleeastman4996
@kyleeastman4996 4 жыл бұрын
Tbh I feel like the Australia sharks don’t really go in when it’s over a 3mill evaluation and like kinda find outs imo
@keylee85
@keylee85 4 жыл бұрын
Dam i love the way they talk
@johnbeechy
@johnbeechy 4 жыл бұрын
the Bonus option is a new move.. nice idea..
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