The Sharks "Beat Up" Kid's Luv Owner On How She Spent The Capital Raised | Shark Tank US

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Shark Tank Global

Shark Tank Global

Күн бұрын

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@Tomharry910
@Tomharry910 Жыл бұрын
Barbara was on point and put it to her really well. Robert was right when he said she didn't really felt bad about burning other people's money.
@SamUHells
@SamUHells Жыл бұрын
The second I saw she named her son “Phoenix” I knew she was a master of horrible ideas and not listening to criticism lol
@melissaomalia
@melissaomalia Жыл бұрын
best comment here!
@inmhop3729
@inmhop3729 Жыл бұрын
Phoenix is a strong name. No problem with it at all.
@SamUHells
@SamUHells Жыл бұрын
@@inmhop3729 it’s a terrible name. a strange attempt at being quirky and special when in reality all it will do is get her son bullied.
@inmhop3729
@inmhop3729 Жыл бұрын
@@SamUHells hardly. You never even mentioned asking what the story is behind the name. There usually is a poignant reason.
@tonybellick7841
@tonybellick7841 Жыл бұрын
@@inmhop3729 nah no fancy story . Just another goofy name
@Cazamalos
@Cazamalos Жыл бұрын
WTH a million dollars from friends and family, and she burned it all. Insane.
@nolabets3130
@nolabets3130 Жыл бұрын
Payed off tho, company is doing very well now, it's in walmarts
@TobleroneCraft
@TobleroneCraft Жыл бұрын
@@nolabets3130how do you know that was paid off? Do you have access to that information?
@piti89100
@piti89100 Жыл бұрын
but net worth is now 20 million usd
@Durwood71
@Durwood71 Жыл бұрын
@@nolabets3130 No, the company is not doing well. The company is gone. Their website is offline, and retail websites like Amazon and Target show the products are unavailable. I'm guessing she continued burning through money and went bankrupt.
@nolabets3130
@nolabets3130 Жыл бұрын
@@Durwood71 Damn...
@BetterLifeAhead35
@BetterLifeAhead35 Жыл бұрын
Her biggest problem is how sure she is that she's right and refusing to listen to the sharks at all
@MultiJejje
@MultiJejje Жыл бұрын
Well the company is now worth $20 million. They've Target, Walmart and several others. Guess she was right.
@DyNaStYCaRl
@DyNaStYCaRl Жыл бұрын
Its not that she wasn't listening. It was that she had justifications and the sharks didnt want to hear it
@switchunboxing
@switchunboxing Жыл бұрын
@@DyNaStYCaRlIt wasn’t justified. She had reasons but these are sharks. Bottom line - you spend a million dollars to make 50k and the math isn’t mathing. They need to see proof that there’s a market and a competitive advantage and that the product is going to be a good investment that can make lots of money compared to what was put in. She just wasn’t ready for investors like this. Bottom line. The pitch was weak “I have coconut water with vitamins I’ve barely sold any of it”
@SweetChicagoGator
@SweetChicagoGator Жыл бұрын
Spending $1mil on patent, logo & marketing on a product that hasn't even been established on the market yet?! She is either a thief or not a business-person? 🤪
@PASSIFICATION
@PASSIFICATION Жыл бұрын
that dont seem right. dont get caught up in the current. she just was happy n confident that she could recoup that money real fast now on and pay the investers back.
@10RRASK
@10RRASK Жыл бұрын
She gives me “I’m divorced because my husband couldn’t get over my affair” vibes
@kyleh5196
@kyleh5196 Жыл бұрын
her “investors” are prolly just the money from the divorce settlement lmao
@hrbllc4206
@hrbllc4206 Жыл бұрын
🎯
@inarimusa
@inarimusa Жыл бұрын
🤣
@bigdave6952
@bigdave6952 Жыл бұрын
Hahahah 😂
@Haya12234
@Haya12234 Жыл бұрын
And for that reason, I'm out
@TheYoudhruv
@TheYoudhruv Жыл бұрын
She believed in her product so bad that she spent fortune to protect it but failed to check if it’s working or not. What’s a classic mistake.
@setsunaitsme91
@setsunaitsme91 Жыл бұрын
Worse, it is not even her own fortune but her family and friends' fortune. Cant imagine how much bridges were burned when her company eventually going down
@MultiSciGeek
@MultiSciGeek Жыл бұрын
How is that a classic mistake? Give me one other person on this planet who spent 1 Million on their kids juice box.
@osmanyousif7849
@osmanyousif7849 Жыл бұрын
That’s like selling your product when you haven’t even tasted it yet. Seriously, I’m surprised that even when this woman did sell that juice, nobody was coming up to her door say what happened after. Like when Mr. Krabs sold those colorful patties and they ended up having bad side effects on the customers.
@anishkuvelkar1876
@anishkuvelkar1876 Жыл бұрын
Oh business guru, how's your business?
@imperium1707
@imperium1707 11 ай бұрын
@@MultiSciGeeki think he meant its a classing buisness mistake, you spend so much money before you onow if the product even works
@zimz1096
@zimz1096 Жыл бұрын
6:29 Barbra summed it well. This entrepreneur clear didn't have her priorities straight when she wasted her precious $1M on 2 trademarks for a business that barely started
@lus
@lus Жыл бұрын
Money went to her salary. I've seen this happen all the time. She paid herself $300,000 a year to be CEO.
@duartemartz9874
@duartemartz9874 Жыл бұрын
I got the ""Look, I'm humble!"" vibe from her outfit that I'm 99% sure thats not her in real life.
@That_one_introvert.
@That_one_introvert. Жыл бұрын
I concur.
@bluematrix5001
@bluematrix5001 Жыл бұрын
VERY POSSIBLE, THERE ARE PEOPLE WITH BIG CHUTZPAH THERE
@mrhumble2937
@mrhumble2937 Жыл бұрын
Prob right but who knows.
@dbguitars
@dbguitars Жыл бұрын
Good and fair wage 😁🍺
@netizensarrest4241
@netizensarrest4241 Жыл бұрын
This is the equivalent of paying $950K to build a fence around a plot of land that you own without knowing if there’s value in the land or if there’s minerals in it.
@shizzywizzy6169
@shizzywizzy6169 Жыл бұрын
Perfect analogy.
@anad7207
@anad7207 Жыл бұрын
On top of that, the fence isn’t even guarantee to keep others out. People can still knock her off with a patent. Litigation is a costly venture-both time and money.
@MultiSciGeek
@MultiSciGeek Жыл бұрын
It's like spending 100k on foundations of a million dollar mansion, instead of building a 100k house and THEN buying a mansion years later. Dude the minerals example is weird. Like do you dig for oil in your back yard??
@jackspinner4727
@jackspinner4727 Жыл бұрын
Well said you
@shinobu3817
@shinobu3817 11 ай бұрын
@@MultiSciGeekbrother, it is just an analogy. don’t take it too literal.
@AmjadNajjar-bq7si
@AmjadNajjar-bq7si 5 ай бұрын
She spent $200k to protect a name that put you on FBI watchlist..
@emprabrea
@emprabrea 5 ай бұрын
😂😂😂
@soaphope3398
@soaphope3398 4 күн бұрын
For real it was an immediate red flag for me lol
@hamhi98
@hamhi98 Жыл бұрын
For once, Barbara is absolutely correct
@Martin-vw8wf
@Martin-vw8wf Жыл бұрын
She made a fortune how can it be „for once“ ?
@RSoin92
@RSoin92 Жыл бұрын
Aaaaaaaand she's out 😂
@coolman1610
@coolman1610 Жыл бұрын
true she was speaking facts on this company
@mitsuri3096
@mitsuri3096 Жыл бұрын
She's rich so she is always right
@Martin-vw8wf
@Martin-vw8wf Жыл бұрын
I mean she is always out a lot but when she goes in it explodes. She got 30% for this comfy thing and they make 150-200m in sales now.
@Frostshokula
@Frostshokula 10 ай бұрын
Kids Luv net worth is now $10,000. She filed for bankruptcy.
@younesstahari1592
@younesstahari1592 9 ай бұрын
Just read it is worth $20m now with annual sells of $5m ?
@SumriseHD
@SumriseHD 9 ай бұрын
​@@younesstahari1592that's from an AI generated fake website
@jrjr7554
@jrjr7554 9 ай бұрын
​@younesstahari1592 checked Amazon they are currently unavailable 🤔
@ChadLight69
@ChadLight69 8 ай бұрын
@@younesstahari1592there was an article I read that said that, but apparently after 2022 the business fell off
@Kylesaystuff
@Kylesaystuff 8 ай бұрын
@@younesstahari1592 It thrived during first year, but now the website is offline, everything is gone, product is unavailable everywhere, so the whole company is indeed gone. I cannot believe how many people just spread misinformation where you can just google it.
@marielaausher
@marielaausher Жыл бұрын
The worst part is that she genuinely feels that she did nothing wrong. She spent almost a million dollars in things she didn't need, and instead of trying to fix it, she just went to new people and asked them for more money. And then she has the nerve to say that the sharks focus too much on the money. She needs to focus on the money. She just lost a bunch of it and acts like nothing happened.
@jokerrhe
@jokerrhe Жыл бұрын
money has always come easy to her
@jason_v12345
@jason_v12345 Жыл бұрын
Seriously. A sugar-free kids drink? Like no one's done that before, lol.
@sammyb1651
@sammyb1651 Жыл бұрын
Zero trouble to her conscience at all. Psychopathic. I feel bad for her husband. Can you imagine?
@stuff1784
@stuff1784 11 ай бұрын
@@jokerrheYES!!!
@sammyb1651
@sammyb1651 10 ай бұрын
@@saeawn Won't have made a cent tbh.
@joshuageckles802
@joshuageckles802 Жыл бұрын
You had me at "The Sharks Beat Up Kids".
@hou950
@hou950 Жыл бұрын
LOOOOOOOL
@evanmed301
@evanmed301 Жыл бұрын
Now that would’ve been a great episode
@AdamHolland-Adz
@AdamHolland-Adz 11 ай бұрын
@@evanmed301 "Up next, Darren is pitching a special product to make beating up children easier and more efficient."
@zombifiedpariah7392
@zombifiedpariah7392 9 ай бұрын
Imagine how that episode would even go. Lmfao 😂
@bugsnasty2447
@bugsnasty2447 8 ай бұрын
Lmfao facts I wanted to see Kevin put a little bugger in a headlock 😂
@hamhi98
@hamhi98 Жыл бұрын
Imagine spending $950,000 on juice
@barackmycat9448
@barackmycat9448 Жыл бұрын
Not so bad when you`re making millions..
@fijianplaya11
@fijianplaya11 Жыл бұрын
@@barackmycat9448 she isn't making millions lol
@barackmycat9448
@barackmycat9448 Жыл бұрын
@@fijianplaya11 Tell her that.
@mrhaltonok
@mrhaltonok Жыл бұрын
It’s pretty clear she isn’t. The few bits of numbers online all date back a couple of years and seem to come directly from her - there’s no evidence to suggest the company takes anything like 5m a year, and that figure seems outlandish - it’s stocked in ‘trending items’ sections in stores, where products tend to have short trial runs before being delisted. Not a sign of a successful product. And it costs $7 for a pack of four small cartons, when a parent can buy a bottle of sugar free juice that will make 30 drinks for half that price. This is not a product that has scope for major success. There are cheaper options with flavours that children would likely prefer
@nickdailey9889
@nickdailey9889 Жыл бұрын
I hate spending 7$ a week on juice let alone 950k
@dionneop1amnotithebestg08m3
@dionneop1amnotithebestg08m3 Жыл бұрын
So basically she paid herself a salary out of the investors money instead of paying them back- how can you run through a million dollars 💵?!!!😮
@tacitus539
@tacitus539 Жыл бұрын
Yeah, I wanted the sharks to ask what she paid herself.
@nasrick
@nasrick Жыл бұрын
Spending bad
@SweetChicagoGator
@SweetChicagoGator Жыл бұрын
She is either a thief or a very poor business person ?
@user-wx7fl5vz7k
@user-wx7fl5vz7k Жыл бұрын
Don't say she s a thieve she obviously spent too much on patents IP for example - where did you hear about her paying herself that amounts
@tacitus539
@tacitus539 Жыл бұрын
@@user-wx7fl5vz7k Didn’t she say the IP was $150k-200k?
@noelr1010
@noelr1010 Жыл бұрын
Damn imagine being one of the people who invested watching what the sharks had to say.
@Albert-S27
@Albert-S27 Жыл бұрын
She only identified where $200K out of the $950K went. Wish the sharks asked where the rest of the money went
@notmyopinion4981
@notmyopinion4981 Жыл бұрын
They did! She just rambled about different thing that she apparently used the money to.
@thiswasposted120
@thiswasposted120 10 ай бұрын
she very likely paid herself
@Niko-ys9ie
@Niko-ys9ie 6 ай бұрын
Have to pay the CEO her bonus for the year
@undefined428
@undefined428 5 ай бұрын
Robert kept asking where the 950 went she just spoke over him every time
@notimportant3686
@notimportant3686 5 ай бұрын
she paid herself, it was very obvious from the way she answered
@Joomemes
@Joomemes Жыл бұрын
Yk it’s bad when Kevin is out before the other sharks and doesn’t want to scam them😂
@undefined428
@undefined428 5 ай бұрын
Barbera and Mark went out before kevin
@josephtuscher194
@josephtuscher194 Жыл бұрын
This kid's therapy bill is going to be absolutely extraordinary lol
@danpats1
@danpats1 Жыл бұрын
Just from being named Phoenix alone lol.
@343Films
@343Films 11 ай бұрын
No kidding. She screams "toxic parent"
@stuff1784
@stuff1784 11 ай бұрын
@@343FilmsNarcissist vibes
@TheLirJEt86
@TheLirJEt86 11 ай бұрын
I get she’s a bad business person but to equate it to a bad parent is just foolish.
@saeawn
@saeawn 10 ай бұрын
she can afford it with her company being worth over 20 Million dollars now Joey boi
@jorgesoto5737
@jorgesoto5737 Жыл бұрын
Her nerve to say that the sharks focused too much on the funds and that's why they're not the right partners. What else did she want them to focus on. Lol, crazy
@MultiSciGeek
@MultiSciGeek Жыл бұрын
Honestly if you have a good idea, she's right. But given her idea is generic, they'd of course want that security.
@zombifiedpariah7392
@zombifiedpariah7392 9 ай бұрын
Translation: "Unfortunately, I wasn't able to scam the sharks like I did my friends and family."
@marielaausher
@marielaausher 5 ай бұрын
@@MultiSciGeeknot for this crowd The Sharks are not there to make a cutesy sugar free juice, they’re there to make money A company, no matter the product or service they provide, has to make a profit one way or another It’s not a charity
@rayvenskye3274
@rayvenskye3274 Жыл бұрын
Wait Barbara was out for a legit reason. What year is this.
@rbae
@rbae Жыл бұрын
Looks like we don't have an excuse anymore in 2023
@rcheaven96
@rcheaven96 Жыл бұрын
I tell my gf all the time that she talk all this bs just to be out . 😂😂
@Sb-er6bs
@Sb-er6bs Жыл бұрын
@@rcheaven96 I told the same thing to your mom
@rcheaven96
@rcheaven96 Жыл бұрын
@@Sb-er6bs get a new joke bud that one a bit old . 😂😂 I’ll wait for the other one . I love people who don’t even have a picture with the troll comments. 😂😂 again I am waiting for a better joke .
@liveitup7476
@liveitup7476 Жыл бұрын
It’s the multiverse
@samxyx
@samxyx Жыл бұрын
Rob is the antithesis of Mark. Both say the same thing, but Robert does it in such a nicer way and is always encouraging. Sometimes you do need Mark's tough love tho
@darksideofevil13
@darksideofevil13 Жыл бұрын
That's the key. A balance of both and knowing when to use both. Too many think being excessively harsh is always right.
@stuff1784
@stuff1784 11 ай бұрын
You’re exactly right!
@vitusndelu6630
@vitusndelu6630 Жыл бұрын
When Mark says, "OOOOHHHHHHH" you know it's bad.
@Frenchylikeshikes
@Frenchylikeshikes Жыл бұрын
I really like how Lorie and Barbara are usually always so composed and nice, even in the worst situations.
@khawajth
@khawajth Жыл бұрын
I'm surprised no one in the comments spotted when Mark asked her why she isn't selling, she replied "I'm doing that right now." She didn't mean to the sharks. She meant to the people watching at home. She burned through her cash and needed to prove to her investors that she could sell so she hopped on to Shark Tank for that magical Shark Tank effect.....that she already had distribution in place for.
@dontbedummy8101
@dontbedummy8101 Жыл бұрын
That's not selling
@hafizuddinmohdlowhim8426
@hafizuddinmohdlowhim8426 Жыл бұрын
@@dontbedummy8101 😂yeah that is marketing and marketing is not selling.
@dontbedummy8101
@dontbedummy8101 Жыл бұрын
@@hafizuddinmohdlowhim8426 I so feel the frustration of the sharks when they tell her she did not sell and she insists she is selling...
@MultiSciGeek
@MultiSciGeek Жыл бұрын
Oh wow lmao
@alissaalbritton_
@alissaalbritton_ Жыл бұрын
I love how Robert always hands the samples to Lori 💕
@47imagine
@47imagine Жыл бұрын
You're a kind-hearted soul :-)
@zentravels22
@zentravels22 Жыл бұрын
he always does whenever they sit together 🤗🤗🤗🤗
@cas4040
@cas4040 Жыл бұрын
I just commented basically the same thing. He has such great manners.
@blackedadam
@blackedadam Жыл бұрын
He's a simp
@GursimarSinghMiglani
@GursimarSinghMiglani Жыл бұрын
Lol
@beelzzebub
@beelzzebub 10 ай бұрын
I wouldn’t be comfortable taking £100 from a friend, let alone £1 million!?
@lizardqueen7052
@lizardqueen7052 Жыл бұрын
she didn´t really explained where the 950.000 went tho
@5th_phantom
@5th_phantom Жыл бұрын
Maybe it was cut off Because the real show is really long and we just get the cut off version
@iamnobodyspecial2243
@iamnobodyspecial2243 Жыл бұрын
She wanted to live the high life and lied about what she did with it 🤣 like the breathometer app lol
@itsgodnga
@itsgodnga Жыл бұрын
could have probably figured it out pretty quick if they asked how much salary she paid herself
@franciscolaurean8550
@franciscolaurean8550 Жыл бұрын
She said her biggest spend was 150k on lawyers no mention of the other 800k
@Arthuur9
@Arthuur9 Жыл бұрын
Her salary is probably 300k That's why
@juniorbeckham2928
@juniorbeckham2928 Жыл бұрын
Lmao Cuban's reaction thru out the segment had me rolling
@kylecreed2748
@kylecreed2748 Жыл бұрын
He’s so dramatic sometimes
@shootemupbuck
@shootemupbuck Жыл бұрын
I don't even know the guy but I find him hilarious!
@FeoMatteo
@FeoMatteo Жыл бұрын
@@kylecreed2748heard this from a podcast he was in. They asked him why he’s so animated. He made a good point during it he said, “If they believe I’m being harsh they wouldn’t be able to handle the real business world. Dreams are crushed everyday.”
@typhoniusstarheart
@typhoniusstarheart 10 ай бұрын
the business closed its doors in sept 2022 and from what i can find the creditors were able to get a court order that anything sold was divided between them to pay back lost investment. that at the time of closing they had 8k in the bank accounts and had 25 k of unsold product and a debt of over 12 million unpaid. the the owner claims that in march 2022 the company had make over 5 million dollars. there seems to be only proof of her raising money and loan payments no profitability. opening comment by the sharks was very acute.
@emprabrea
@emprabrea 5 ай бұрын
I’ve noticed there have been a lot of comments (with the same spelling errors) made by different accounts on this video claiming that KidsLuv is now worth millions even though there are so many articles that have stated KidsLuv went out of business in 2022. The juices have also been unavailable for over a year, and were even removed from Target’s website completely. I feel like it’s her making these fake accounts because she can’t accept that she failed. Very pathetic if that the case
@quietearthMT78
@quietearthMT78 Жыл бұрын
I get the feeling that many entrepreneurs out there confuse stubbornness with perseverance. This lady did end up moderately successful but look how much money she burned through to get there.... She was lucky to have backers with money to help her get there, many others don't.
@WillemAlarik
@WillemAlarik Жыл бұрын
Moderately successful is a business that’s making a few hundred thousand in annual revenue. Your local fish and chip shop is likely moderately successful. If your annual revenue is 5+ million dollars with annual increases, you’re definitely beyond “moderately” successful.
@Fredas_Lifestyle
@Fredas_Lifestyle Жыл бұрын
@@WillemAlarik How much is the profit on that? You can have big sales and be in the negative.
@ThePrimeMinisterOfTheBlock
@ThePrimeMinisterOfTheBlock Жыл бұрын
@@Fredas_Lifestyle he's one of those poors that's impressed by numbers with seven digits
@Enrifant
@Enrifant Жыл бұрын
@@Fredas_Lifestyle it doesn’t matter. They were entering at a 2.5m valuation on 55k sales, a juice producer making 5m+ in growing revenue 3 years later, and being in all the major retailers, has all the potential to be immensely profitable for you. It was a poor take from the sharks, like many others they had through the years. And yeah, 5m in revenue is not moderately successful for someone that raised 1m in VC for product development and IP. At standard valuation that’s a 30m business right there. 30x ain’t considered a “moderate” return by any VC I know.
@alfredovazquez2678
@alfredovazquez2678 Жыл бұрын
Yes, her company now is worth 20 MILLION DOLLARS.
@NyxFTW
@NyxFTW Жыл бұрын
She spent so much money to secure her brand, she didn't think about whether or not there was an opening in the market for her sugar-free juice. There's so many kinds in the supermarket nowadays that it's just not a viable venture for a new entrepreneur.
@idaslapter5987
@idaslapter5987 4 күн бұрын
plus a couple of the sharks said it tasted weird.
@pieroliero
@pieroliero Жыл бұрын
I started a drink company in 2017, did all the sales myself, got distribution in 6 different states, found a copacker to make 80,000 units at a time. Wanna know how much I’ve paid myself so far over the last 6 years? $10k Moral of the story: Don’t start a drink company. It’s a money pit.
@TheGameCapsule
@TheGameCapsule 6 ай бұрын
Liquid Death read your comment and laughed. A lot. They put water in a can and gave it a funny name with edgy artwork.
@pieroliero
@pieroliero 6 ай бұрын
@@TheGameCapsule and a lot of capital
@MrTalhakhan01
@MrTalhakhan01 Жыл бұрын
What Robert said in the end was very correct.
@bandamx1731
@bandamx1731 Жыл бұрын
It’s crazy how these entrepreneurs are told the truth & still don’t listen. She raised 1M & it’s all gone with no progress at all. I’m more than certain she will be out of business in a year if not now. She’ll also be the person saying to her investors “The journey was fun, wish we would have done more”
@saxophonistscorner
@saxophonistscorner Жыл бұрын
what do you mean no progress? She had product ready to go on the shelves, trademarks lined up...
@jonasalexander
@jonasalexander Жыл бұрын
@@saxophonistscorner It isn’t progress if you can’t account for the profit potential of the product. She counted her chicks before they hatched and she did so at the expense of people who trusted her vision. Then she attempted to acquire additional investors’ money, still with no common sense strategy. When pressed, she refused to acknowledge the very real concerns of these potential investors and even alluded to seeking more funds from her initial investors. She then stated that the sharks were hung up on the money she raised, failing to realize that they were not hung up on the fact that she raised it, but how she foolishly squandered and disrespected the blessing of other people’s money.
@FieldMarshalFeels
@FieldMarshalFeels 5 ай бұрын
Stevia is a natural sugar substitute, but it's extremely expensive and sourcing vegan vitamins makes it even more expensive.
@kobusvanstaden3747
@kobusvanstaden3747 Жыл бұрын
Robert always the gentleman, serving Lori first. He does it all the time
@That_one_introvert.
@That_one_introvert. Жыл бұрын
Yeah he’s a stand up guy.
@ckapka_AA12
@ckapka_AA12 Жыл бұрын
simp
@nickv8642
@nickv8642 Жыл бұрын
I was just about to comment this
@tf8187
@tf8187 Жыл бұрын
I was looking for this comment. He is such a gentleman.
@MultiJejje
@MultiJejje Жыл бұрын
Yeah, Robert served another woman well when he cheated his wife and changed her to younger... what a gentleman.
@squalie9
@squalie9 Жыл бұрын
I'm shocked they didn't call her out on the missing money clearly going to salary or expenses.
@dismalthoughts
@dismalthoughts Жыл бұрын
Robert at the end, "When it's my money and I lose it, I feel bad. When I take a dollar from you, I wake up every day to give you your dollar back, but she didn't even feel bad about it." We have such an entitled population. An uncaring, unempathetic population. Little to no respect for anyone except themselves, and oftentimes not even that.
@saxophonistscorner
@saxophonistscorner Жыл бұрын
she didn't lose the money yet. She used it to get the business up and running, and its up and running, you dont make the money back upfront, or you wouldn't need investors...
@lagann4064
@lagann4064 Жыл бұрын
​@@saxophonistscornerBut if you listen she sounds nonchalant about burning $1M with nothing to show for it She probably used it all for herself. She sounds arrogant and said the sharks arent the right investors lol
@saxophonistscorner
@saxophonistscorner Жыл бұрын
@@lagann4064 yeah, you're right.
@polishedmeat6399
@polishedmeat6399 10 ай бұрын
@@saxophonistscornerits gone now
@swedishchefhands00
@swedishchefhands00 Жыл бұрын
Her: "This is my son Phoenix." Me: I'm out.
@Ranger_k16
@Ranger_k16 Жыл бұрын
You know it's bad when Mr wonderful won't even make an offer
@SheStrategyCo
@SheStrategyCo Жыл бұрын
i love how Lori was calm
@obiwankenobi3579
@obiwankenobi3579 3 ай бұрын
If anybody is wondering about where they are basically after this, they landed in Walmart, Costco, Amazon basically retailers but then around 2022 they completely went out of business “unknowingly”. I couldn’t find out why but likely it was all their debt and how it wasn’t that big of an item that people were always getting.
@rishabh8451
@rishabh8451 Жыл бұрын
I have always admired how robert passes on the stuff to lori first.
@davea11
@davea11 3 ай бұрын
"duplicate that succcess to other coasts" is the funniest business plan Ive ever heard
@OpEditorial
@OpEditorial Жыл бұрын
Quite often the "Mommy entrepreneur" is usually a slightly more evolved type of "Karen"
@noncedolungeliwefinca9713
@noncedolungeliwefinca9713 Жыл бұрын
😂
@Maddox204
@Maddox204 11 ай бұрын
They have another evolution!? 😮
@mikelxanadu
@mikelxanadu 4 ай бұрын
@@Maddox204yeah wasn’t even their final form 😭
@Maddox204
@Maddox204 4 ай бұрын
@@mikelxanadu dear gods…. 😂
@derek04151
@derek04151 4 ай бұрын
With a touch of crazy cat lady.
@G1dr4
@G1dr4 Жыл бұрын
10:05 truest words spoken on shark tank
@diluvr2825
@diluvr2825 Жыл бұрын
Never seen Mark so hurtful during a pitch and he literally said so.
@Nigel-nv3lr
@Nigel-nv3lr Жыл бұрын
You gotta watch more shark tank lol
@rocky365ful
@rocky365ful Жыл бұрын
1. Without sales patents means nothing. 2. She never followed principles of lean startup and organic market expansion. 3. More efforts on protecting the IP and less efforts on sales. 4. Maintaining cash in the business is the top priority without that any businesses will crumble
@OvaltineJenkinsFx
@OvaltineJenkinsFx 4 ай бұрын
5:47 do yourself a favor; watch it in slow motion at 25%, get ready for a masterclass in body language.
@Pray1989
@Pray1989 Жыл бұрын
Her son Phoenix waved like “ard my services are done, I’m out” lol.
@erickquinones1095
@erickquinones1095 Жыл бұрын
No lady, they didn't get hung up on the money you raised, they got hung up on the money you burned through
@sammyb1651
@sammyb1651 Жыл бұрын
Zero trouble to her conscience at all. Psychopathic. I feel bad for her husband. Can you imagine?
@Noway673
@Noway673 Жыл бұрын
She paid no more than $20,000 after she finally got her distribution and national patent license.She paid herself $930,000 on her personal interest.
@mlw9195
@mlw9195 Жыл бұрын
How do you know?
@aminamuhina
@aminamuhina Жыл бұрын
You’re hot
@MissionaryForMexico
@MissionaryForMexico Жыл бұрын
I cannot believe how she has spent other people's money! And wasted it!
@cchavezjr7
@cchavezjr7 Жыл бұрын
Whenever someone always starts every answer with "So", you know you're going on a ride.
@Isher13
@Isher13 Жыл бұрын
"i got a bad feeling about this one" crazy how Kevin knew from the beginning.
@ruthenictoaster
@ruthenictoaster 6 ай бұрын
0:15 Kevin was right haha
@justinharris2945
@justinharris2945 Жыл бұрын
My kids Phoenix, Jaxson, and Braxton are my world
@liamcasey2001
@liamcasey2001 Жыл бұрын
hahah
@drshashankmh
@drshashankmh Жыл бұрын
Kids should consume natural sugar and avoid such things.
@catman2484
@catman2484 Жыл бұрын
Very well said by Robert at the end
@yskim2636
@yskim2636 Жыл бұрын
I'm not an entrepreneur, but even I know you can't expect people to invest without proven sales. Everything she pushed was based on hypotheticals. Distributors, reorders, product benefits... BUT NO PROVEN SALES? Smh.
@me-myself-i787
@me-myself-i787 7 ай бұрын
If a company was making money, it wouldn't need to raise money. People go out and raise money before becoming profitable so they can use that money to build factories, distribution centres and marketing so that they can make and sell products and become profitable.
@stefanocioni2587
@stefanocioni2587 Жыл бұрын
Lori is the best, the most genuine of all the sharks; lovely lady
@MultiSciGeek
@MultiSciGeek Жыл бұрын
100%
@stevegovea1
@stevegovea1 Жыл бұрын
I fell onto this same trap of investing into developing the product even more versus seeing if people would buy a basic version of it.... but my stopping point was $15k.... not $950k.
@dennyli1897
@dennyli1897 Жыл бұрын
"but i am selling the product" lmaoooooooooo 50k of it???? Mark's fact was priceless after she said that 🤣
@faithwilder8408
@faithwilder8408 Жыл бұрын
Wow you know it’s bad when you don’t get to say how much the retail is and how much it costs to make it
@maxwellstainback4421
@maxwellstainback4421 Жыл бұрын
Most recent review on the item page for Target was over one year ago. Me thinks this company is at best not in Target and at worst in bankruptcy.
@maxwellstainback4421
@maxwellstainback4421 Жыл бұрын
Lol and the website is offline
@Lizzie-ve7kt
@Lizzie-ve7kt Жыл бұрын
I love that Robert always grabs a sample for Lori first before he grabs one for himself, it’s very sweet.
@benjiboricua7193
@benjiboricua7193 Жыл бұрын
I was just thinking the same thing. Always a gentleman.
@chewydewok
@chewydewok Жыл бұрын
The longer she talked, the more she killed her chances of getting a shark.
@quotivation47
@quotivation47 Жыл бұрын
I like how Robert alwasy gives Lori the samples before he takes his own.
@JSUTrumpet
@JSUTrumpet Жыл бұрын
There’s a difference between zero sugar, and zero ADDED sugar. If there’s fruit in there, there’s sugar in there.
@whitenoisejack
@whitenoisejack 8 ай бұрын
She should do a flavor called Stevia Explosion.
@shet0011
@shet0011 Жыл бұрын
Robert: “I admire how much you are standing your ground” 😂
@kevindunlap5525
@kevindunlap5525 Жыл бұрын
Thank you for not giving us the original air dates.
@nickhaines7520
@nickhaines7520 5 ай бұрын
1. Kids need calories to grow. 2. Sugar from fruit, especially when unpasteurized, acts completely different from table/added sugar and has been shown in studies to not spike insulin levels no where near the same. 3. Kids will definitely tell the difference between stevia and regular sugar without a doubt
@ParrotPentester
@ParrotPentester 12 күн бұрын
Definitely agree on the third point. I used to throw up just licking walnuts over how bitter they are; kids will definitely find the difference.
@MDH-x8h
@MDH-x8h 2 ай бұрын
I’m learning so much of business by watching these
@nandos8713
@nandos8713 Жыл бұрын
“ my focus is the west coast. After that we will focus on other coasts “
@Frostshokula
@Frostshokula 10 ай бұрын
Ashi with a son named Phoenix and a vegan product. Checks out 😆
@n0isyturtle
@n0isyturtle 5 ай бұрын
Her other kids are named Hippogriff and Pegasus
@tastyteddy3874
@tastyteddy3874 3 ай бұрын
@@n0isyturtle and windigo
@inlangford
@inlangford Жыл бұрын
I feel bad for her investors, especially since they're her friends and family... Yikes!!
@wel5457
@wel5457 Жыл бұрын
Kevin Already knew from the beginning... "I have a bad feeling about this" 😂😂
@ananyarao3565
@ananyarao3565 Жыл бұрын
I’m here 10 mins after the video was posted. Definitely addicted.
@lucarionite1785
@lucarionite1785 8 ай бұрын
"You've learned the theory of buisness plans, but you're not fighting in the trenches." Main takeaway I'm getting from this is that you can't scale if you never made a base to scale from; Each small step in the process of growth provides information that can help you adjust your business model, provides investors with credible evidence that your business works, and most importantly it provides a sustainable source of cash that can fuel your business. If you don't get that baseline amount of sales or even customers at the start to support your business on its own, you can't grow even if you got a theoretically "solid" plan.
@Mr-E.
@Mr-E. Жыл бұрын
When they said there was a stevia aftertaste, she bullshitted a little bit that the kids don't notice it. Lol... stevia aftertaste is noticeable.
@gatinthecadillac7206
@gatinthecadillac7206 Жыл бұрын
Mark is in physical pain 😂😂😂
@peanutbutterisfu
@peanutbutterisfu Ай бұрын
My daughter is almost 5 she drinks flavored water. The best think to do is not let ur kids drink sugary drinks all the time and when they do get one it’s a treat.
@ParrotPentester
@ParrotPentester 12 күн бұрын
Once every other day is okay, 25 grams is the maximum sugar kids should be given, and you'll hit that limit regardless of where you get it from, including fruits. One large apple has 23 grams of sugar.
@becca2938
@becca2938 Жыл бұрын
She's like "give me more money." But for what, girl?! $950,000 dollars later and what do you have to show for it?! Why do you need the money?!
@sammyb1651
@sammyb1651 Жыл бұрын
Zero trouble to her conscience at all. Psychopathic. I feel bad for her husband. Can you imagine?
@JRams-ix6bt
@JRams-ix6bt 11 ай бұрын
​@@sammyb1651What husband?
@sammyb1651
@sammyb1651 11 ай бұрын
@@JRams-ix6bt Whoever is standing behind her and the kids while she flies around the world breezily wasting other people's cash.
@n0isyturtle
@n0isyturtle 5 ай бұрын
Did she name her son Phoenix because her name is Ashi and he rose from her? God I hope that's not the case.
@emprabrea
@emprabrea 5 ай бұрын
I think you’re on to something…
@vasilikosmakos2250
@vasilikosmakos2250 Жыл бұрын
In May 2022 annual revenue is 5 million dollars.... I guess she got it together.
@SuperSpaceRaptor
@SuperSpaceRaptor Жыл бұрын
"I've got a bad feeling about this one." DAAAAAAAAAAAAAMMMMMNNNNN, KEVIN WITH THE CLAIRVOYANCE!
@purplespot
@purplespot 6 ай бұрын
Her website is no longer available and her products in Amazon are also completely unavailable since 2022..so apparently judges had right judgements on this one
@davidali7664
@davidali7664 Жыл бұрын
Bruh that end statement she gave "they got hung up on how much money she made and not what kids love" dumbest statement ever. I'm a business student so I'm still learning the ins and outs but even I know where she went wrong. I understand what she was trying to do, securing her product so she's only seller within in the market but the fact that she wasn't even in the actual market yet (selling the product) she basically spent all her money on nothing
@7ItalianStallion
@7ItalianStallion Жыл бұрын
Does anybody else think that she stole the money from the "friends and family" investors?
@dmmice2344
@dmmice2344 Жыл бұрын
It’s a possibility
@abasdarhon
@abasdarhon Жыл бұрын
I don't think she stole it; I think she spent it all on forcing money to do/hire the work that she not only had no idea how to do herself but also had no idea on how to prioritize the necessities. International licensing, for heaven's sake, before she even had an established local market!
@rsybing
@rsybing Жыл бұрын
You can make really bad business decisions without actually stealing from others. Plenty of unwitting dupes in the world.
@JoelPlay
@JoelPlay Жыл бұрын
Unlikely, not saying its not possible, but her work shows off considering the company's growth.
@Glennysanders1220
@Glennysanders1220 Жыл бұрын
Company is worth 20 million now
@DrB81
@DrB81 Жыл бұрын
Looks like Phoenix’s mother won’t be rising from the ashes.
@genetlemma3724
@genetlemma3724 Жыл бұрын
The company is worth 20 million now...
@udaychaudhary255
@udaychaudhary255 Жыл бұрын
@@genetlemma3724 valuations are a tricky game baby....
@JoelPlay
@JoelPlay Жыл бұрын
@@udaychaudhary255 No they're not, can you guys stop trying to downplay her success because you don't like her.
@abaofifsz
@abaofifsz 9 ай бұрын
Yeah they are. Can you simps stop in general?
@Jack-ol1io
@Jack-ol1io 3 ай бұрын
​@JoelPlay the company got shut down in September 2022 sorry 😞
@Kagema10X
@Kagema10X 7 ай бұрын
Binge watching shark tank is like taking a master course in business administration. You learn so many things, so many dos and donts especially on what the right thought patterns are that you actually need.
@RileySkye100
@RileySkye100 Жыл бұрын
Mark’s reaction at 4:44 is just priceless. Lol
@dbtech4562
@dbtech4562 Жыл бұрын
I need to play that meme after spending $1,400 on the iPhone 15 on Friday.
@davidloughlin2238
@davidloughlin2238 Жыл бұрын
She is amazing at spending orher peoples money and also at failing to listen to the sharks advice. I predict that the friends and family will never see any return and will not get a cent back either.
@LexFlexxx
@LexFlexxx 8 ай бұрын
I own a marketing company. If I could tell you how many times I've told business owners that marketing is not sales. And how many business owners I've seen who don't pay for professional marketing complain when their DIY tactics aren't creating lasting revenue.
@Sactown-zs2bb
@Sactown-zs2bb Жыл бұрын
She should have kept her mouth closed about how much the investors had giving her see they trapped her when she said that because she thought they would be impressed with the amount instead they were more curious on the amount she had left in the bank
@glennadina8471
@glennadina8471 Жыл бұрын
Due diligence would be done after the show. Where they could back out. At least one has to be honest when they pitch. It is what I feel
@AryanMahipal
@AryanMahipal Жыл бұрын
It's not that easy sharks are not idiots
@alex161
@alex161 Жыл бұрын
@@glennadina8471 But that happens off screen. Viewers wouldn't know and likely buy it out of curiosity and thinking that a shark invested in it.
@mrhumble2937
@mrhumble2937 Жыл бұрын
@@glennadina8471 but at least her product looks better. Viewers don't know why it didn't work.
@Knapperoni
@Knapperoni Жыл бұрын
They would have found out eventually, a verbal agreement like this on TV is not legally binding until papers are signed and all that
@RapidFlix
@RapidFlix 10 ай бұрын
She spent 950 grand for a product she wasn’t even sure could sell and not even knowing her demographic and all. Yet she still wants to go back to the investors and ask for more money. That’s insane
@A.M.1.
@A.M.1. Жыл бұрын
The sharks did good on this one.. she has no sales, no background in the subject, not using her own money, blew through a mill. And her product is a juice. Anyone can make a juice with vitamins in it and no sugar. I like her zestiness but she was a hotel manager ive seen that in many managers.
@michaelfranzese4975
@michaelfranzese4975 Жыл бұрын
For once, Barbara nailed it. So far she's blown through over a million with zero accountability.
@WillemAlarik
@WillemAlarik Жыл бұрын
kids Luv now has a net worth of $20 million and makes $5 million in yearly revenue. Who was right?
@Niemand80
@Niemand80 Жыл бұрын
@@WillemAlarik still wouldn't be a good return for the sharks. Also because with the convertible notes they could get diluted.
@joewas2225
@joewas2225 Жыл бұрын
@@WillemAlarik I call bullshit
@WillemAlarik
@WillemAlarik Жыл бұрын
@@joewas2225 Google it yourself, it’s readily available information.
@thesciguy4823
@thesciguy4823 5 ай бұрын
UPDATE: The "company" (if you can call it that) went bankrupt this year. She ended up losing $800,000 of other people's money.
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