“I want to, but it’s just too warm in Indianapolis right now” 😂😂
@macioluko94843 ай бұрын
LOL😂😂😂
@RedwoodRider Жыл бұрын
Better than watching the new clips with a live audience. Those are horrible. The audience reaction ruins the show.
@owenhicks787 Жыл бұрын
That was only one episode, and the reaction was so negative that I doubt they'll do it again
@Lemuelz Жыл бұрын
@@owenhicks787it hasn’t been only one episode, they made more
@timothytomazi-osborn534 Жыл бұрын
Yeah just made it feel cringe
@infinitedopamine6429 Жыл бұрын
i hope they atleast make the live audience a once a month kinda thing. I kinda like it.
@jonathanrivera6189 Жыл бұрын
@@Lemuelzwrong, only one episode. S14 E1.
@philliplynn2749 Жыл бұрын
Interesting fact, in her younger years Barbara Corcoran wanted to become the first female MLB player. She quit, because every pitch, she was out.
@SharkTankGlobal Жыл бұрын
It's true I was the scout
@job5515 Жыл бұрын
@@SharkTankGlobal Crazy, you're actually responding to comments.
@ianizer1 Жыл бұрын
lol
@DakshJuneja Жыл бұрын
😂😂😂
@raymondel-haddad7312 Жыл бұрын
man I always know the punchline is coming but it always gets me rolling in laughter when reading these type of comments 😂😂
@oliverdeeley Жыл бұрын
Mark Cuban's offer of 200K for 33% is without a doubt a fair offer. Why? Because at the time, Coatchex had 0 sales and was just a pilot program. So, Cuban immediately saw how much work it was going to take to get traction going.
@SharkTankGlobal Жыл бұрын
it's all about execution!
@oliverdeeley Жыл бұрын
@@SharkTankGlobal Exactly. Had CoatChex had any sales and verified partnership with various bars and other venues, then Cuban can sort out whether 15% or 20% is justified.
@din1095 Жыл бұрын
Bear in mind professor is not a businessman.Just imagine what Mark cuban can bring to the business.I rest my case
@michaeljeanbaptiste2587 Жыл бұрын
2023. Coat Chex has $ 5 million in sales annually. Under the name of Chexology.
@thomaschow-s4g Жыл бұрын
His company blew up not giving up 33% for 200K saved him millions and millions of dollars
@hattorihonzo834010 ай бұрын
For those who are wondering where he is now, Coat Chex has gotten into some big time events including the Super Bowl so he’s doing pretty good with it and growing
@johneternal78549 ай бұрын
You right that they’re doing great, but this episode took place 12 years ago and it took them about 8-9 years to grow into an actual business which would have been instant with mark cuban on board.
@takkarwenja59828 ай бұрын
@@johneternal7854that’s not necessarily true. Many businesses failed with mark.
@whiskeredshrimp6 ай бұрын
it’s gone bro 😂
@Illusion5175 ай бұрын
Genuinely shocked considering it's one of the stupidest ideas I've seen on the tank.
@Dabeliiuteef3 ай бұрын
No they've dumped Coat Chex
@nestosauce Жыл бұрын
Daymond was just bullying the guy without even offering any advice
@stuff178410 ай бұрын
YEP
@Alexa-xl1gi9 ай бұрын
that’s why i hate him
@kennedicreates11699 ай бұрын
that’s a good chunk of the show, not saying it’s right but they all do it
@buster56617 ай бұрын
don't work with the guy. He's a bad partner
@romeovky7 ай бұрын
Daymond is Trash
@patrick1020000 Жыл бұрын
Mark asked if he was capable of making the tough decisions. He confirmed the answer is yes
@anthonyp2312 Жыл бұрын
That's a good point
@Ralelugo Жыл бұрын
He didn't make the decision. Anyone can tell he wanted to say yes, but his partner made the decision of saying no for him. So he proved Mark right, he couldn't make the tough decisions and lacked leadership. I hope he turned himself around.
@Falloys1 Жыл бұрын
No when he has to call his partner and follow his directions 😅
@ThelRiSycusee Жыл бұрын
@@Ralelugono you’re just salty and don’t have money therefore will take anything the fact he was willing to say I wanna prove to you I can do it that’s actually showing he is. Leader now go cope
@A.M.1. Жыл бұрын
Mark asked that simply because he was going to ask for 33 percent of his company...
@chillbest14 Жыл бұрын
Ryan started the fire.
@mariaogurtsova7 ай бұрын
I was looking for this comment 😂
@ethanporto17457 ай бұрын
I’m glad I didn’t have to scroll too far to find someone calling him Ryan. Was my first thought the second I saw the thumbnail 😂
@personal_utube3 ай бұрын
The fire guy
@personal_utube3 ай бұрын
He looked and talked like him too.
@spokelord Жыл бұрын
i think the other sharks, mainly daymond, were too caught up on the coat check application and not valuing the potential to expand into valet service
@VerdeLane10 ай бұрын
The app was NEVER tested. Didn't you hear? It was too warm in Indianapolis lol. It took the guy years and years of testing and investors plus a name change to be successful. He went in too early and didn't want to budge on equity, can't have it both ways.
@theempire00 Жыл бұрын
Why is Daymond complaining if he’s not making a deal
@VerdeLane10 ай бұрын
Same reason Mr. Wonderful and Robert were "complaining." They articulated exactly why. Same reason Robert, Kevin, and Mark threw a git and walked off see when Daymond & Lori closed a deal once. *ARE YOU SLOW?!*
@juanmondragon10 ай бұрын
@@VerdeLaneI'm slow, can you break it down for me
@TheeAnonymousTrader5 ай бұрын
They all complained and somehow you spotted Daymond,gow convenient 😂😂
@MakhosazanaTembe3 ай бұрын
He always complains😂
@user-qh5zz7dy1h2 ай бұрын
because he is...
@chrisalters11 ай бұрын
Mark the savviest shark there instantly shot down his professors business plan they had countless hours to methodically prepare to pitch. I would’ve already been second guessing my professors judgement walking me into the shark tank to look foolish. Him trusting his professor over Mark Cuban and Cubans business experience is crazy.
@Geedidheere10 ай бұрын
Exactly
@iwrk Жыл бұрын
I think Mark could have scaled this quickly to get ahead of potential competitors.
@uberhaxonova Жыл бұрын
Could be used not only for coats but also parking/valet, and dry cleaning.
@Yessirdo Жыл бұрын
He said he can double it in 15 seconds
@MikeGlasses Жыл бұрын
Dont reinvent the wheel, theres a reason why traditional tickets work. (You dont need a 10k investment to adopt this tech)
@baris841510 ай бұрын
he made 5 million by now
@Blackhomeking123 ай бұрын
mark could have but the equity offered for something that wasn't tested yet was too low. The company got like 1 million in funding and had a whole name HQ change. Guy should have given away the equity this would have been easy flip for mark and they could have sold the company onced it boomed.
@deaddave9739 Жыл бұрын
On one hand, it made sense that since it was untested, they wouldn’t be willing to give him much without a whole lot of equity, so marks deal was fair and maybe even a little generous from his standpoint, willing to take that big of a risk for 33% But on the other hand, it makes perfect sense that the company owner wouldn’t want to give away 33% of his company, it’s just not worth it His business partner made the right call telling him to say no, and the other sharks only called him crazy because from their standpoint, marks offer was generous, but regardless, he’s not making a mistake by choosing not to take that.
@BiragovDetailing Жыл бұрын
“I would have done this but it’s a little too hot right now” 🤣. That was one of the funniest moments in Shark Tank. BTW I would take Marks deal because he would be successful anyway and a lot sooner
@Mrnoahlol Жыл бұрын
anyone else love the way mark says "bubbling in the tank" at the end of some of these videos?
@terminatortscc12 ай бұрын
Also he loves responding to people by saying " If you would've came here and said"
@brunocohem Жыл бұрын
It´s not about how much the company worth on that day, but where it can go with Mark. 500K + - in valuation is nothing comparing the millions he would do more with mark. Having a shark on board is another level of company... it opens so many doors that he could never even image
@horus-b9w9t Жыл бұрын
he went into the shark tank in 2012. The company was inactive until 2015 when it changed its name and now makes 10 million dollars a year for a few years in a row.
@Blueeyesinthesky Жыл бұрын
Mark has a soft spot for kids
@postmathclarity176510 ай бұрын
Specially people that's just got out of college. Or people that has connections to his college, kinda just noticed that xD
@user-qh5zz7dy1h2 ай бұрын
cringe
@anthonyp2312 Жыл бұрын
Either the instructor is very wealthy or just wanted him to go in front of national television for an ad.
@MsFunology Жыл бұрын
Glad that they made it till now. Feel bad for the guy at first. But then I saw the update that the company is worth around 7 million now and still thriving. So, may be, it's not such a bad idea to turn down Mark.
@mrhaltonok Жыл бұрын
I think that’s just an arbitrary valuation based on a guess. More than a decade on, they’ve got a few big single venue clients like MOMA but they’ve never expanded like they thought they could - I’d say the main issue is that most venues already have systems that people are used to, so spending a lot of money on a complete new install and maintaining that isn’t too attractive. Nobody’s increasing their business just by installing a more expensive coat check
@tohutoyeptho3302 Жыл бұрын
Maybe so. But with Mark's help. He could have turned it into 50+ maybe 100 million dollars company.
@raymondel-haddad7312 Жыл бұрын
@tohutoyeptho3302 homie chill not 50 nor 100 million mark cuban is not jesus christ himself
@danjwalker Жыл бұрын
@@raymondel-haddad7312 Cuz we all know Jesus loved making money!! Jesus on the cross "Father!!! Why have thee forsaken me? I will die before I'm a millionaire!".
@thomaschow-s4g Жыл бұрын
@@mrhaltonok the tech is being used for all kinds of things not just coats
@manaspandey35 Жыл бұрын
Why was Daymond so against throughout. Its okay , if you don't want to make a deal.
@a96futurecreator96 Жыл бұрын
Its the same like when you sell beers for 5 dollar and your neighbour sells it for 3 dollar, you need to tell him to stop doing it.🤣
@robertdiez3091 Жыл бұрын
Daymond is correct he isn't educated enough in the space saying their is no other company doing it their is someone who does it just a different form factor solving the same problem. Their is no proof of concept its maybe a few pilots but no consumer data . He came in too early though to get funding. I've Pitched at 1.5 raise before you got to know your stuff cold.
@manaspandey35 Жыл бұрын
@@robertdiez3091 might be true but let other sharks make their own decision. You can't take decisions on behalf of others. If you are out , stay quiet and let the room talk.
@TheeAnonymousTrader5 ай бұрын
People really hate Daymond here,and if you tell them why they hate they won't admit it.
@Samara.Weaving Жыл бұрын
Mark felt violated big time. That look said it all.
@oliverdeeley Жыл бұрын
Absolutely. 200K at 15% or 20% is ridiculous. 0 sales and just a pilot program, c'mon. That is going to require a lot of a shark's time and effort to get any traction going.
@EddiXP10 ай бұрын
He made the right call. Worth 7million now. At least the little info online at first glance says so.
@KNDLGR8 ай бұрын
I mean it would've been worth way m ore if he took thew investment, even with his 67%
@FM-dm8xj8 ай бұрын
lmao thats not the right call. Cubans got the connections.
@AutumnPlains7 ай бұрын
It took 12 years to be worth 7 million. He would have grown faster and be worth more money in 2-3 years if he accepted Mark Cuban. He was very silly to not accept that deal.
@rohunsaigal25766 ай бұрын
@@AutumnPlainshe would also have 33% less of the company than he does now
@davidporter6715 ай бұрын
@@rohunsaigal2576 Wow so now he gets 100% of 7 mil instead of 67% of 50.
@LestersB Жыл бұрын
I think he made a ball call listening to his teacher. I rather listen to a businessman about business than a teacher who only teaches it. You can't learn how to run a successful business from a book. It's outdated advice in an ever-changing business world.
@sbleb761 Жыл бұрын
So true
@Yessirdo Жыл бұрын
Exactly
@DrB81 Жыл бұрын
His Professor was an investor tho.
@din1095 Жыл бұрын
Precisely
@zobefelix5070 Жыл бұрын
His profesor is also a successful business man, their decision worked out best for them.
@smallsmalls3889 Жыл бұрын
Robert might have accepted a Million valuation but Daymond wouldn't shut his mouth. Barbara Mr Wonderful also turned down the offer but kept quite, Daymond should of just kept quite.
@mahadevovnl Жыл бұрын
The business partner refuses Mark Cuban? Is that the professor? No wonder he's teaching.
@kalohpaul4100 Жыл бұрын
😂😂😂😂😂
@dismalthoughts Жыл бұрын
Dr. Gerry Hays. He'd been a founder/co-founder of 3 different businesses, 2 of which he was still running, when this episode aired. CoatChex (now Chexology) is worth millions today. Seems to me that professor made the right call.
@kahsoon2460 Жыл бұрын
@@dismalthoughtshe's not an entrepreneur that's why he is a professor
@Semuatentangmobilelegends9 ай бұрын
@@dismalthoughts cap
@kendy49918 ай бұрын
And that is why you're still unemployed or just earning a minimum wage. Look at their business now, it's worth 7miliion USD. They still succeed after declining the offer.
@mallygeedkm9 ай бұрын
His professor/business partner is a fool!! The company is currently doing $5M annually but Cuban would have made it $50M annually. I would’ve told Mark “Can we do 30%?” And would’ve run outta there knowing I just got in the fast track to being a millionaire.
@personal_utube3 ай бұрын
12:48 oh, my heart skipped a beat here. I thought Mark was going to say, "You got a deal!". 😂
@shalevlevi30278 ай бұрын
Daymond's respose to Mark's offer is much funnier when you know that when invited to the show Mark's plan was to outbid everyone and buy everything to drive the other sharks crazy.
@MrZakBat Жыл бұрын
When he countered roberts offer 200k for valuation of 1.5 mil that supposed to be 13.3% not 15%.
@renning10908 ай бұрын
That professor I think proves the saying "Those that cant, teach"
@Kabal732 Жыл бұрын
Company is now making 5-10 million per year. Chexology is the new name.
@Skillpointer10 Жыл бұрын
Source zidanes hair
@chopp991. Жыл бұрын
@@Skillpointer10😂
@traudeskinder Жыл бұрын
@@Skillpointer10 best comment i've ever read
@n3wt Жыл бұрын
what's zidanese
@benny283 Жыл бұрын
@@n3wt zidane is a legendary football/soccer player who is bald!
@LV2UXO77 Жыл бұрын
He didn't want to say no to Mark, and The only reason he had to turn down the offer, his partner said, "No." I bet if his partner were with him and heard Mark's request directly, he would've accepted it.
@dauferm Жыл бұрын
The partner was right.
@miralabualjadail4206 Жыл бұрын
Professor is a fool.
@edungdivinefavour6977 Жыл бұрын
@Tonysopranoyafinook That's what amazes me. If the school teacher knew so much about business they wouldn't have been a teacher
@nabilla607 Жыл бұрын
@@dauferm nah, i will take it. even losing 33%, even his company worth 7 mil and he only get 3,5mil from 50%. if giving Cuban 33% dan make company worth 75m. he get 25mil far more than worth it. Just like Comfy and Scrub Daddy. Having a Shark at can boost your progress very fast. remember the connection is not free.
@tictac3147 Жыл бұрын
@Tonysopranoyafinook His company is now worth over a million dollars. So, I guess not listening to Cuban paid out for him
@selena2875 Жыл бұрын
I really hope his business does well. If it fails he's going to regret not bringing on Mark Cuban every single day for the rest of his life
@dontbedummy8101 Жыл бұрын
He is doing ok. He was able to get some accounts and proved the concept and get a round of seed funding. Revenue now is somewhere between 1 - 10 million (no one really knows the number of these startups)
@CasualGuy60 Жыл бұрын
I think he could have countered 200K for about 25 to 28%, that would have be pretty alright if you ask me, no track record but there's an obvious need to be fulfilled.
@TheShockwave44 Жыл бұрын
@@CasualGuy60 He should have lowered the asking price to $100K or $200K and royalties until he's paid back and then asked for 20%
@nikhilbehere9661 Жыл бұрын
@@TheShockwave44royalties is funny- 5 cents every cost that’s checked?
@dan8071 Жыл бұрын
@@TheShockwave44u can’t lower the amount of money that u ask for. Its the rules of the shark tank
@munyamubaiwa4313 Жыл бұрын
99% of a grape is way less than 10 % of a watermelon. I would take it. Imagine when the product is worth 10 Million and 66% is still yours.
@Puty99Ай бұрын
He opened a second round of investment for WUPHF
@musicotensai Жыл бұрын
His professor teaches for a reason.
@kendy49918 ай бұрын
Did you know that they are earning milluons now a year and have a 7million value? Now, what's your daily salary?
@musicotensai8 ай бұрын
@@kendy4991 not sure what your point is. I was actually complimenting them.
@ilfouco1541 Жыл бұрын
Imagine working with Mark, someone highly intelligent and you let your body who didn’t even think about this opportunity tell you to say no😂💔
@tictac3147 Жыл бұрын
His business is now worth around 7 million dollars, so I doubt he regrets his decision
@celestialcircledance Жыл бұрын
I think Derek made the right decision because he's not just in it for himself but his partner also has to agree . Plus they're asking for track record so he can always come back two Shark Tank or other investors at a later date with more leverage !
@channel-jm1xj Жыл бұрын
can you go back to shark tank with the same company. I've never heard of that before. Kinda doubt it.
@gustavozschaber8751 Жыл бұрын
He should have brought his partner. His partner did not know the context of what was going on.
@ikheloaezekiel1151 Жыл бұрын
He only ignored mark cause of his business partner.... indeed he's not capable of making decisions!
@patriciorivera762 Жыл бұрын
Mate, if his business partner owns more than him then he can’t decide it.
@Asian-Hawaiian-Orian Жыл бұрын
Just did a Google search. The company is worth seven million dollars. Honestly good on him for sticking it out.
@nabilla607 Жыл бұрын
I think no, the company is 13 years old and seven million dollars. If Comfy, Squatty Potty, Bombas and Scrub Daddy with the help of shark they can improve so fast with connection. While right now is worth 7mil he get 50% which is 3,5m. if he gave cuban 33% and the company worth 75m. which is 25M each. its more okay. since there is no sales or even connection. that's just a prototype. that's why other shark angry at mark because he value the company high since there is no sales or even the machine fully function.
@africar4592 Жыл бұрын
His technology has been used in the superbowl, new York fashion week and Mercedes fashion week. So yeah he did well. The sharks are scared to invest.
@grafficacma Жыл бұрын
You understand VERY little. Let me give you a big clue. The sharks' most precious commodity is time. This company would need a TON of their time to MAYBE make money and they would have to babysit a very inexperienced founder.
@africar4592 Жыл бұрын
Now they make 7 mil a year. Has deals with maddison Square garden and Lincoln center. So he did pretty well. And its now called Chexology
@psychopeoples4384 Жыл бұрын
whats better? 100% of 7mil or 66% of 100 mil?
@juanmondragon10 ай бұрын
@@psychopeoples4384 I prefer 1% of a peanut
@stuff178410 ай бұрын
Woah!!
@sbssal95804 ай бұрын
@@psychopeoples4384 what's better eating 100% of the pie or 20% slice of pizza? Better to slowly steadily climb...
@chrispepper6452 Жыл бұрын
MARK: Are you capable of making tough decisions.. GUY: Yes.. Mark: Gives offer .. Guy: Let me call someone 😢
@dismalthoughts Жыл бұрын
Arguably, maintaining integrity and loyalty to your obligations -- your business partner -- when you really want to say "yes" is making a tough decision.
@martinng3705 ай бұрын
6:15 Coat hanger actress nods and agrees with Mr. Wonderful that Derek doesn't have a plan
@africar4592 Жыл бұрын
I love this guys energy
@LiveInOC Жыл бұрын
they are now Chexology and have some major corporate accounts
@kahsoon2460 Жыл бұрын
nope
@swisscheeseoo748711 ай бұрын
Cuba is a devil with horns.. I love the way he smiles and plans. You can see it in his eyes, pure genius
@ThenewMattClark.Canadaprison Жыл бұрын
Telling you to pass on a once in a lifetime opportunity for his own greed. A small piece of big pie is better than big piece of small pie
@shrieshanthis4239 Жыл бұрын
The company is actually doing more than two million annually so its the right or ok choice for me ( mark cuban could have atleast 0.5x though)
@joaoleite7353 Жыл бұрын
That guy reminds me an awful lot like Ryan from The Office
@LordAbaddon Жыл бұрын
There is an old saying, those who can't, teach, this is exactly what just happened. Hayes background is not growing a company from nothing. Good luck ever getting this company to turn into a long lasting viable business.
@carriepriegel6477 Жыл бұрын
Its actually: “those who can’t, teach”. Punctuation changes sentence structure and meaning completely. 🕊️✌️
@LordAbaddon Жыл бұрын
@@carriepriegel6477 Congrats on proving my point. Someone who clearly is incapable of doing anything but running your mouth! Way to troll!!
@JamesBond-oe5px Жыл бұрын
Yep good luck
@farooqueabdulazeez2065 Жыл бұрын
I still dont understand why these people just randomly assume they are worth millions even before they jump in the market.
@nialloconnell906 Жыл бұрын
The professor draws a number , a square , a line, says some busnissey words. But can he write a cheque? 🤔
@matthewbell4273 Жыл бұрын
Seemingly yes, because he was an investor in the business himself.
@manuelalcaraz9305 Жыл бұрын
I would’ve take taken the deal in a heartbeat and not have listened to his professor, but even though his professor is an investor he won’t take him places mark Cuban would’ve taken him.
@sravan6492 Жыл бұрын
they are making 10 million a year now
@manuelalcaraz9305 Жыл бұрын
@@sravan6492 yeah and if he would’ve said yes to Cuban it would’ve been a lot more
@epking6195 Жыл бұрын
@@manuelalcaraz9305probably not man. they probably woulda shut down with him. since Cuban would b taking sm equity
@manuelalcaraz9305 Жыл бұрын
@@epking6195 yeah but with the amount of money they’d make they wouldn’t feel the equity they had given up
@Gelos. Жыл бұрын
@@manuelalcaraz9305nope, Cuban himself said he only wanted to flip it. The guy made the right choice.
@misterdavis9078 Жыл бұрын
Turned down a billionaire and team owner. People would sell their soul to work with mark. Just him alone could get you connected to many opportunities
@iteachyou49778 ай бұрын
M : horrible horrible..... D : Let me ask you something, how do you really feel about it 😂
@cjt2099 Жыл бұрын
Glad you did well in college and your professor liked you.
@RovinBarboza9 ай бұрын
Update: Today the company is rebranded into Chexology and is a multi-million dollar tech company. He really knew his decisions.
@jeremysteele3098 Жыл бұрын
His professor probably made him do a dcf valuation that he never understood because Indiana is a terrible school.
@RedHawk.Sokotra Жыл бұрын
He did what he had to do. Good for him. We'll see how it works out.
@AnEerieWorldАй бұрын
the look on his face at the end. he made the right choice he's making 7 million a year in revenue without their help
@FUNWITHNOOB-_- Жыл бұрын
Currently the company's networth is 7million dollars
@thebeefyleaf11 ай бұрын
That's their annual revenue. What is their net profit? How much of the company did he have to give away to raise money later on?
@zakiashad5411 Жыл бұрын
My coat was stolen I can never forget. This is an excellent business to start I don't understand Shark's talking negative
@rubymorgan994210 ай бұрын
He needs to comeup with ideas for a use of the booth year round."don't forget you need to show the business owner that he needs it ,his customers will love it,and it will make him money,everything is all ready in place to test the market for it." I would have taken the deal. Never let a third-party tell you how to manage" YOUR MONEY " You can do it you can make decisions have confidence in yourself. I would love 😍 to see you become a millionaire ❤🎉❤
@andrewfields8556 Жыл бұрын
He turned down the offer of a lifetime. The dude had no idea what he was doing. Mark needed that percentage to get the work done and worth his while. Just so sad and not very bright on the young man's part...
@dismalthoughts Жыл бұрын
I mean... CoatChex is worth millions, now. His professor had founded/co-founded 3 businesses at the time of this episode's airing. They made a good call together.
@kahsoon2460 Жыл бұрын
@dismalthoughts coatchex is done, they sold it to chexology. different owner now
@Nanoshi Жыл бұрын
How is 200K @ 15% makes 1.5M Valuation ? My brain is not mathing
@Ralelugo Жыл бұрын
1.33M, I think he just rounded up.
@greg.murphy Жыл бұрын
20% is 1M, 10% is 2M. 1.5M splits the difference, maybe he thought he could do the same with the %.
@matthewbell4273 Жыл бұрын
Thank you, I was looking for this comment.
@kahsoon2460 Жыл бұрын
get a calculator air head
@JohnFabular-jc4gl Жыл бұрын
😊😊 its ok u said your going to prove yourself first.... Thats a very good idea.....
@peymang Жыл бұрын
Only lesson here is never listen to your professor. Lol
@hgordonf10 ай бұрын
What is the revenue of Chexology? Derek Pacque and Chexology's annual revenue was $5 million in 2023.
@matt_the_man983111 ай бұрын
This is a lifetime regret that will NEVER go away 😅😅😅
@mattyBtv16717 Жыл бұрын
Passing that offer is crazy
@kloebl10 Жыл бұрын
He made a mistake by listening to his business partner. His business partner/professor gave him very bad advice. He could learn a lot from Mark Cuban. But seems he did okay anyways with a 7 million revenue stream. So maybe it was the sharks that made the mistake.
@umerrehman8784 Жыл бұрын
Can't believe he refused the offer 🤣
@Killth3bat Жыл бұрын
Well, it was probably the right move since the company is now worth 7 million
@Spinal5678 Жыл бұрын
Guy looks familiar. Isn't he the intern from Kramerica Industries?
@samuelpancake4084 Жыл бұрын
I havent seen a coat check in like 15 years 😂
@steveF1811 ай бұрын
I dont think people realize the advantages a shark can bring
@eMemoryCard Жыл бұрын
College professorship of not negotiating. Regardless, it would have been more beneficial to make a deal with Cuban.
@AlAl-bk5ei6 ай бұрын
His professor should've known to not have it on Shark Tank before having sales or testing it while it's in season. Any investor or company can evaluate your bushiness for however much you want when there's no sales if they think it's a good idea.
@Chronic0420 Жыл бұрын
I’ll tell you what happen you listen to your professor instead of your brain Mark literally could’ve put this at the Mavericks stadium who by the way play a good portion of their games during winter and if it worked, he would’ve had enough credibility to get it other places and he probably could’ve even got it in other stadiums. If you then add a revenue percentage every time one is used well, needless to say it would’ve been a smart deal
@nabilbhaai8 ай бұрын
Shark tank ❌ Charity Tank ✅
@stevengreidinger8295 Жыл бұрын
The guy came to The Tank at the wrong time. All he has to do is get this proven through some testing, get some paying clients, and increase the valuation. The real question is whether or not the technology actually works yet. If he needs $200K for additional R&D, he cannot wait. If you think this guy is going to be a successful enterprise systems and software R&D leader, 20% is worth $200K. Point-of-sale technology is an important category. We didn't see them explore the technology, the development plan, or his tech leadership ability.
@videoloops14 ай бұрын
Barbara makes me crack up every time....
@jobkibuga8268 Жыл бұрын
He's young. Should have taken the offer and built himself up from there
@vyrUS79 Жыл бұрын
looks like the dude came in lit. His pupils were way to dilated for the lighting.
@yebo-gogo2 ай бұрын
"Horrible! Horrible! Horrible idea! Did I say this was a horrible idea???? Classic Mark Cuban.
@FeeleySkarin Жыл бұрын
Shark tank is the wrong type of investors for just a startup. The shark tank investors just want to invest in companies that have good numbers and if they think they can improve those numbers. For just a startup they are in the best case scenario going to make a lowball offer because there is a lot more risk involved since there is no proof that the business actually can make money.
@Talking_He4d Жыл бұрын
Its called Chexology now
@John.Asante Жыл бұрын
Why is Daymond acting like he's the wealthiest shark there?! Lol
@RealAmbientofficialАй бұрын
The company has a revenue of more than $7 million today
@sanjuansteve Жыл бұрын
Make it into an automated kiosk and let fascial recognition and automation do all of the work. Basically an automated locker kiosk where you could store anything.
@larryying5717 Жыл бұрын
Why are they showing old episodes
@djm337110 ай бұрын
Cuban is a genius!!! visionary Boss!
@jamescliff80388 ай бұрын
That’s the reason the professor is giving tests on testbooks instead of actually doing business now
@dylanmacmavis7934 Жыл бұрын
That's why you don't take business advice from teachers.
@brookatsedu8912 Жыл бұрын
Mark would’ve accepted 25%, poor negotiation skills from this guy
@magendkalis91486 ай бұрын
Daymond is ruining the real entrepreneurship.... But that guy have all the gut to turn down the Mark's offer...
@missy1806 Жыл бұрын
Why does the intro that looks like an audition tape? Huge amount of peer pressure at the end from the Sharks though he did prove to Mark that he could make tough decisions by listening to his partner. This ep was shown back in 2012 and they have made this a successful business.
@wethenorth269 Жыл бұрын
Damon is competing with this product
@greglongmore650310 ай бұрын
He should have said 25%. Also, I know what happened, his partner wasn't there and before checking I feel like they don't work together anymore. I liked the idea from the beginning but the sharks were right, he would have had help AND sharks. Some mistakes take a Ph.D. to make.