Those guys were prize idiots for walking away Reggae sauce gave away a ton of equity and now he's a rich man?
@Brian-hd4rb Жыл бұрын
He had leverage by being the only shark that made an offer. The offer is fair. Either you take it or you don't.
@Nonegiven14582 Жыл бұрын
Even 49% of a big company is better place to be in than most get to. Saying that. If you aren't on Dragons Den or Shark tank. They'll buy/force you out long before your shares are really worth something.@@Brian-hd4rb
@klaykeane2135 Жыл бұрын
Greedy kevin sadly
@Euphria89 Жыл бұрын
Greedy. They had the intellectual property.
@KRINGEmusik Жыл бұрын
Selling only 5 units and knowing the sharks provide more than just money, I’m sure they knew 5% wasn’t going to fly. The sharks would have to do so much work.
@DocRealTalk Жыл бұрын
Unlike the Sharks, most human beings actually place value on THEIR ideas and THEIR time and THEIR investment in getting patents.
@PracticalPerry Жыл бұрын
Agreed. They should have taken the deal, and/or, countered and asked for Kevin to take 20%, instead of 25%.
@KRINGEmusik Жыл бұрын
@@DocRealTalk but when you’re talking about “value” the business doesn’t have much of it, because it has 5 sales. All the money/time/ideas/patents into something that only generated 5 sales gives it a low value. Kevin wasn’t being unreasonable. I think they wanted the Shark Tank promo
@melvinmadedx1658 Жыл бұрын
@@PracticalPerry they did ask him to take 20%.
@camowolf4975 Жыл бұрын
@@KRINGEmusik they stood their ground. good
@crooper6052 Жыл бұрын
I can almost actually hear the audio this time
@sherriwhite4960 Жыл бұрын
Barely 😂
@poverrenger5605 Жыл бұрын
Yeah, deafening when the ad comes up 😂
@blackmass1082 Жыл бұрын
Still low for me
@TheOMAR617 Жыл бұрын
I thought my AirPods were messed up 😂
@damiendelgado4178 Жыл бұрын
😭😭😭
@BallAintLife123 Жыл бұрын
They’re going to need a lot of help to get this where it needs to go, I don’t think Kevin’s offer was greedy this time
@gamingnguitar4527 Жыл бұрын
Totally agree. Especially when you consider Barbara's point that this has yet to be in the hands of consumers, so it's unknown what the response is, return rate ect. For a gamble on a new company his offer was very fair
@Nich_B23 Жыл бұрын
Yeah I honestly think that was there chance to make the company take off. If they really valued the product that much, they’d be willing to give up a quarter of it just to guarantee you get it into the hands of consumers and quickly. The end goal would be to share it with the world
@haralds4145 Жыл бұрын
What they dont understand is that giving the sharks a huge part is good, cause with 25% ownership he is willing to put in money in the company at nearly no interesr all the time if he see a good path. For examplenthe 200k certification when they figured out a good consumer product he will pay with no hesistation
@Brian-hd4rb Жыл бұрын
He had leverage by being the only shark that made an offer. The offer was fair in my opinion. Either you take it or you don't
@shawnmiller6522 Жыл бұрын
You could tell Mark and Lori were trying to encourage them to take the deal because they knew Kevin could really help them. You could see the pain on their faces when they rejected Kevin's offer. Mark and Lori are good people, always trying to help the entrepreneurs even if they are not in the deal.
@withgoddess1119 Жыл бұрын
😅
@zznams2426 Жыл бұрын
But still they have believe in their product....And can always walk out of the deal ...
@noelcovarrubias7490 Жыл бұрын
@@zznams2426 businesses are not about what you believe in or not only, if you love your business or not, it's about making money doing so and they weren't making any money.
@deangregory7354 Жыл бұрын
You're going soft buddy. They're sharks. 🤷🏼 They are "good" coz they're out.
@GenoRL_ Жыл бұрын
I mean Lori was calling Kevin a savage for the offer he made so idk
@user-km4ys1js1t Жыл бұрын
The personal trainer route is definitely not the way to go
@stuff1784 Жыл бұрын
Right. There are TONS of personal trainers everywhere. Most suck.
@falguni222229 ай бұрын
agreeed
@SpiritLife Жыл бұрын
Didn't realize how low this volume was until a commercial woke up the whole family at 1AM
@Sacra8987 ай бұрын
lmaoo🤣
@jessecumba Жыл бұрын
I wish them well. They stood for what they believed in.
@rinraiden Жыл бұрын
They'll regret rejecting Kevin's offer when their business sinks.
@imkinn Жыл бұрын
Did he really just say at the end " We can find investors that can do the same thing"? Wild statement.
@mohsaic3489 Жыл бұрын
Daymond
@Ratchet2997 ай бұрын
What’s wild about it? You do realize that 99.99999999999 percent of investments made in this country don’t come from the sharks on Shark Tank, right? 😂
@stuff17849 күн бұрын
@@mohsaic3489Daymond doesn’t invest in anything!!!
@wavyjuicehq Жыл бұрын
“sometimes it doesn’t WORK OUT” lmfaoooo who knew mr wonderful had it in him?
@EasyRider247 Жыл бұрын
When Kevin doesn’t make a royalty offer that’s because he believes in the company
@stuff1784 Жыл бұрын
🤣
@noacruz14079 ай бұрын
That’s what I was thinking
@Abdullah-ec4ns Жыл бұрын
I would like to counter offer the Audio technician at 75% this 10% isn't cutting it!
@mxhin Жыл бұрын
the company is still looking for crowdfunding. bad decision
@oz1erol839 Жыл бұрын
Yep i wanted to buy one, only possible via crowdfunding. And the goal is set at around 80.000. And before the last 2 days they only have 1400. They shoukd have take the deal i guess.
@coreybrien-ch3iw Жыл бұрын
These guys are nuts for turning down offers unless they knew someone else was willing to invest at a lower rate 😂
@uggupuggu Жыл бұрын
Who is eating lunch rn?
@WestMack Жыл бұрын
Breakfast
@nelsongibb14 Жыл бұрын
Lunch gang!
@chewchew4270 Жыл бұрын
Meeeee
@DOC_951 Жыл бұрын
nah its breakfast time man
@kingb8862 Жыл бұрын
Meeeee
@shirleymarie98 Жыл бұрын
I wouldn’t buy it for myself bc I’m just not that big of a gym rat but it’s still a super cool product! I hope this business grows big for these guys!
@AverageJoe483 Жыл бұрын
I am a gym rat and this is a gimmick and garbage . Don’t be fooled .
@ozzylink Жыл бұрын
You have no idea abt January resolutions & the gyms gifts and all the gym buddies that give up after you train with them. This is perhaps the best products I have seen in 2023 & if not the last 5 yrs.
@leonajames5517 Жыл бұрын
Behave yourself! @@ozzylink
@austinthomas2732 Жыл бұрын
No actual gym rat would use this
@EnosX77th Жыл бұрын
9:16 Mark: Damn guys! Lori: Wow. Kevin: Sometimes it doesn’t work out… Lori: God.
@shark_man_ Жыл бұрын
I am the only that realised that it’s absolutely uselss? It can’t track your performance when you use dumbells, barbells, kettlebells and cardio machines. It’s an overpriced scam. The invention is kinda cool, but anyone that buys will realise that they got scammed very fast.
@joshblank1 Жыл бұрын
There are apps that track your progress. Why buy a pin that I have to lug around to gym? These guys made a huge mistake walking away from Kevin. They have zero sales, that was a fair deal
@camowolf4975 Жыл бұрын
nah
@joshblank1 Жыл бұрын
@@camowolf4975 nice counter argument
@camowolf4975 Жыл бұрын
@@joshblank1 cry me a river
@phoneywheeze Жыл бұрын
i mean its an automatic counter. it spares you from entering reps manually. sometimes i forget how many i did. might also be helpful in tracking full reps and half reps
@auce5024 Жыл бұрын
I like this concept. Having the personal trainers and gyms confidence in the product will make it credible for consumers. The trust with personal trainers who knows what they're doing vs you is a very smart move.
@Gabriel-fz4ys Жыл бұрын
A rare straight Equity deal from Kevin they totally should have took it
@IGiveTheBestTakes8 ай бұрын
They gave several clear reasons why they are currently not consumer based and a clear path and desire to become consumer based and all of the sharks advice was "why dont you go consumer based???"
@The23rdGamer13 күн бұрын
Right. This makes it seem like they weren't emphasizing their next steps were to use the money to go direct to consumer though. It sounded like they were open to it but it wasn't their plan coming in.
@JBS7551 Жыл бұрын
Theres very similar products out there already. These guys are wild to not take that offer
@SmokeDog1871 Жыл бұрын
Agreed, their decision feels extremely short sighted
@franklinegbuche7097 Жыл бұрын
I actually thought this was a consumer product until the sharks started asking questions.
@frankcastle1578 Жыл бұрын
Barbara has a pulse, and for that reason she’s out
@restassuredworship Жыл бұрын
Does she though?
@frankcastle1578 Жыл бұрын
@@restassuredworship 🧐 might be debatable at this point actually ☠️
@decommonifyable Жыл бұрын
Kevin dodged a bullet.
@galenyeo46 Жыл бұрын
Not getting a deal in the Shark Tank is not the end of the world...I wish them luck.
@milesmarken Жыл бұрын
Yea they almost turned up the audio a dcb ... yet they fired the sound guy .. again
@milesmarken Жыл бұрын
Yea They didn't invest in post production for audio ... for all these .. ill never let it go
@Chris_Alonzo_Vlogs Жыл бұрын
Still cant hear the audio while I’m eating my chips :/
@fjrieotjngnrkef Жыл бұрын
first product i’ve seen on shark tank that id genuinely use. hope to see them succeed so i can buy one
@raymondel-haddad7312 Жыл бұрын
you can buy one nonetheless 😂
@yamchimovits9227 Жыл бұрын
I see you've never tried a scrub daddy
@forallthestupidshit3550 Жыл бұрын
First?? I want to eat almost all the food they have on there, haha That mushroom jerky looked great.
@JANEEL Жыл бұрын
Not mark cornering them to sign and then referencing watermelon AND grape 😭
@gamingoldtonew10 ай бұрын
They turned down a really good deal. They were just thinking of the initial investment. They weren't thinking about just how much Kevin could make their business grow.
@RadhikaSharma-rj7bc Жыл бұрын
One of the best products i have seen on shark tank!
@AnthonyW1992 Жыл бұрын
These guys have more degrees than a thermometer 😂😆
@Nick-gk6hj Жыл бұрын
If you collect degrees, sometimes that's evidence you aren't good at actually doing anything
@jeffreysmikle67210 ай бұрын
This was a flat out mistake. I would take a shark over a random VC anyday. What they don't seem to realise is that in order for this business to scale and start making a return they are gonna have to raise a whole lot more capital. 1 Kevin is better than a room full of private VC's. I'm sure that in a year 25% won't look so bad after all.
@AmarikitaАй бұрын
The Viet Cong were very efficient in their undertakings, I would't underestimate them.
@drewkelly3622 Жыл бұрын
Kevin wasnt greedy this time.
@fubsmcbubs Жыл бұрын
How have these guys not figured out the sound on their videos yet? Shark Tank people, why is it so low??
@darajabar936 ай бұрын
For everyone complaining about the Audio. There is a feature in the setting (same place you change the video quality) that is called (Stable Volume). Just turn that on. You welcome.
@PaulDozierZZoMBiE13 Жыл бұрын
Why is the volume on this channel always so low? I can barely hear anything even with the volume turned all the way up.
@aheadatime Жыл бұрын
Because the owner(s) of this channel are most likely just running it for a bit of side $$, and don't pay attention to comments, likes, etc.
@AbhishekKumar-vw3mo Жыл бұрын
Barbara: I was going to gym but gym was closed due to this reason I'm out. 😅
@ojalm2036 Жыл бұрын
They were nuts to not take the offer, could have helped them a lot
@AryanMahipal Жыл бұрын
Crazy valuation
@philipspigelmeyer959 Жыл бұрын
I agree BUT that product is prolly amazing. If it does what there saying it does then that completely changes how you work out.
@attoboi9763 Жыл бұрын
why would a personal trainer need this? They are trained to know the information this device is giving out, wouldn't it just cause personal trainers that are underqualified to have a means to scam people? im a semi regular gym goer but ive never gotten a personal trainer so its a honest question
@dan9222scandiguy Жыл бұрын
This pin will not fit into nearly all the machines out there. The equipment manufacturers would never allow their pins to be replaced.
@davida472 Жыл бұрын
Did the old man sound producer have his hearing aid fall out?
@JosephFrain Жыл бұрын
I would use this 💯 but not sure how it would work with plated equipment or free weights. I’d love to know was this a smart decision or the case of to many decisions makers in the founding team? I would of took it, better to scale fast. Regardless if there is a pattern in place everyone always gets around patterns they could’ve gone to market fast. Fingers crossed it works out for the trio. Good luck hopefully one day I can try it for myself. 👌🏽
@mikivli Жыл бұрын
For plated workouts I can see them develop a model that has the rod removable and you’re able to add a strap or some type of sticky silicone that can help it stay on KGs
@jeremiahsanchez1323 Жыл бұрын
An machines with two stacks. Would you need 2?
@JosephFrain Жыл бұрын
@@jeremiahsanchez1323 Ye probably. I use a seater row (pinned machine) with 2 cable so I assume it would need two for that. 🤷🏻♂️
@mrhumble2937 Жыл бұрын
Can't take that deal, only 100k? Kevin won't do any real work.
@tvplaya9732 Жыл бұрын
He was going to sort Manufacturing... probably bring the costing down significantly. That's work mate
@JeEhaO Жыл бұрын
That is basically just a step counter. You can probably use a step counter for the same purpose if you make the thing inside of it move.
@regulator18E Жыл бұрын
Please tell me how your step counter is going to predict calories burned, differentiate between sets, and any of the performance metrics this provides? Seems like you didn't think this through at all 😂
@ZayyyCertifiedАй бұрын
Should definitely be a consumer product and version for soley counting reps for $59.99. Feel like a lot of people will not care about the data analytics to pay $200 especially if you’re already an Apple Watch user. Now if they marketed with a focus of something along the lines of “allow the metric mate to count the reps for you so you can focus on making the reps count,” and you could analyze the reps data after a workout and assess where you can adjust your weight on exercises to hit your desired rep range. Now that would be something I could see a lot of gymgoers willing to pay for
@Mdozaaa Жыл бұрын
Please sort out the audio it’s been so long now it’s so bad especially if you have ads halfway through the video
@RadhikaSharma-rj7bc Жыл бұрын
My god Barbara gives the worst reasoning before saying, "I'm out"
@Brazenglory Жыл бұрын
she actually had a good point this time. Which was that it hasn't had any sales yet. Not only that but we don't know how the consumers feel about it. Perfectly fair reasoning there
@Prolific_Troll Жыл бұрын
Please work on your audio mixing. Volume is very low in contrast to everything else on youtube.
@richardcalisi9188 Жыл бұрын
KEVIn is a SAVAGE. Love it!
@avinash22i Жыл бұрын
4 thin strips (like sweat bands) with the same tech one for each leg and hand will be a 100% better product.
@ste.ven.87 Жыл бұрын
Agreed. They can take their tech and put it into a sweat band. That way they have a product for free weights and machines.
@NoirTech8315 күн бұрын
I'm a gym owner and fitness trainer and I wouldn't waste my time with this. This product is just one more thing to keep track of, to charge, update, download, upload, and distract you in the gym. It can only be used on machines that use a pin for the weight, you'd have to stop and change the exercise on the app so the pin knows, and different brands of machines have different ideas of what a real weight is.
@nicolaslessard607310 ай бұрын
Kevin's offers them to counter, but then he says he's not budging lol.
@wht2686 Жыл бұрын
I get it that consumers want it more, but you kinda need the gyms to approve of its use. After all, altering gym equipment is risky and can cause death and injuries. The device may not be compatible with all equipment. Honestly, they are better off doing a SaaS business for fitness trainers and gyms. They should partner with gym equipment manufacturers so that their technology can be integrated with the equipment safely, and that also provides a channel for global expansion. Secondly, that was such a low ball offer. They have a patent, 2 engineers and a lawyer. They can easily get 100k. And they didn't even need the manufacturing support provided. Well, they probably cut the video so much that a lot of information was lost to make the participants seem ignorant.
@trogdor20X6 Жыл бұрын
You’re not going to be using machines if you’re spending hundreds on gym accessories. Terrible product. Pen and paper works totally fine
@jarry15957 ай бұрын
For you and I maybe
@arjunsubedi1126 Жыл бұрын
Kevin definitely had the look of regret after they walked out
@matthewlorton3428 Жыл бұрын
This would be good if the gym had like 20 of them or whatever,you pay extra each month
@bigbrad53826 ай бұрын
How would this work with dumbbells and bench bars?
@Floyd_21127 ай бұрын
Intro got that st.anger snare
@nageshwagh2476 Жыл бұрын
When audio is in youtube premium
@Me-ew8uh Жыл бұрын
These apps are so overly complicated I always end up deleting them and going back to pencil and paper/markerboard.
@sergiomauricioperez6312 Жыл бұрын
Entrepeneaurs: We're seeking for... Barbara: I'm out
@DamianAzinyi Жыл бұрын
Mr wonderful didn’t even consider going down a little bit😢
@@pioloskywalker1989 basement troll with 2nd hand embarrassment over a millionaire? 😂😂😂
@muzzmuzzy73867 ай бұрын
What's with the watermelon analogy
@sameftek9799 Жыл бұрын
The sound on this video is horrible. Barely can hear it.
@dedmanukkk9 ай бұрын
My gym that has equipment that’s been doing this for years and has an app that does exactly the same thing. Guess it’s good for gyms with older equipment, but definitely not true when they say no other equipment has
@jameslopez4648 Жыл бұрын
why is the volume so low?
@Duke_Weasle Жыл бұрын
Only bad thing is that this only works on machines
@junior1757214 ай бұрын
They definitely did not “do this thing”. 😂
@SmokeDog1871 Жыл бұрын
Imagine spending 200 bucks because your too lazy to count how many reps you've done. I think at the end of the day most people spend money on stuff that they really need. This feels like a low value luxury item
@edgarvargas6764 Жыл бұрын
You'd be surprised how many stupid lazy people go to the gym
@phoneywheeze Жыл бұрын
it also detects half reps, and such
@synctrilogy5759 Жыл бұрын
Who ever posts these videos needs to seriously fix the audio first!! Tired of maxing my volume
@mahmudulhasan548 Жыл бұрын
Oh no volume button is broken out
@cardenfoy Жыл бұрын
they need to have a product bonanza where all 5 sharks vote on 100 products in a tournament style. they come in, hear the pitch, fill out a card on a scale from 1 to 5, then the highest scores move to the next round. we need to see more.
@AYEDJ301 Жыл бұрын
What was the values you guys were standing on?
@sambasiva940 Жыл бұрын
why is it so low volume?
@wecreatezone894011 ай бұрын
The video is uploaded too silently, then the ads are too loud. I hate that so much. They probably don't have money to employ proper technicians 😆😆😆😆😆
@mythiclegend9479 ай бұрын
3:01 check out the skull on Mark's right
@shieeetface Жыл бұрын
Episode without an audience 👏👏👏🎉
@blackhawks9763 Жыл бұрын
Those guys will regret not accepting Kevin’s offer.
@desejosupremo5909 Жыл бұрын
hey editor please turn up the volume
@_el.guapo_ Жыл бұрын
How do you patent a device reading the data measured from a 3-axis accelerometer ? A design patent might be possible for their device (for the clever pin design). Otherwise, these guys are going to be crushed by big biometric companies.
@thammallamaq10 ай бұрын
Meanwhile all the sharks have a pen and paper in their hands..
@WiscoJayke Жыл бұрын
Good on those guys!
@Ohhellnahhh-x9d Жыл бұрын
Good for them 👏
@wecameasdonuts Жыл бұрын
Anyone else think this product is dumb cause it doesn’t even work with free weights like barbells/dumbbells?
@FordSierraIS Жыл бұрын
why do you need that gadget instead of using the gyro in a smart watch?
@And_Fel-wq7yl11 ай бұрын
They almost won me at the narrator voice from infomercials.
@saranshgautam6551 Жыл бұрын
Their counter offers could've been somewhat close to Kevin was offering.. Unfortunately they were just too far away with their counters
@bewithyou9976 Жыл бұрын
I want one! I didn’t quite understand the B2B model, I guess it’s just not cheap enough to sell direct to consumer
@phoneywheeze Жыл бұрын
to sell to customers they need certifications, which are quite expensive and they didn't have the funds to get them
@benjip3441 Жыл бұрын
I really feel like the sharks missed the point. The average consumer cannot buy this product because they cannot sell direct to consumers. Like none of y’all can buy this product 😅😅
@wassup4532 Жыл бұрын
I wonder why they cant make a simpler version tbh. Electronics and sensors arent that expensive.
@kucfY0utube Жыл бұрын
*Spoiler alert Barbara is out*
@wilcoxcmc Жыл бұрын
😅
@danjwalker Жыл бұрын
Well, that didn't "work out".
@berzerkbankie134211 ай бұрын
The sharks: You need to sell direct to consumers Them: We need a million dollars for government regulations The sharks: You guys need to change your business model and sell directly to the customer