Kevin is one smart man, he pushes all the negatives of the product(s) out to make the other investors second guess, waits for them to be out, and when he's the last one left, throws out a lifeline to the entrepreneur(s) with an offer that benefits him and also makes the entrepreneur(s) feel like they have to take it
@7LamarOdom2 жыл бұрын
he's a beast
@philshumble69542 жыл бұрын
but the wine did not make it into costco. and zipz is now out of the wine market
@dawsonjamesbernard2 жыл бұрын
Man’s is a shark
@ianburns11752 жыл бұрын
@@philshumble6954 The money was never in the 🍷 it was in the glass.
@gregbrown60412 жыл бұрын
Kevin is the real shark
@ahmedxkhan2 жыл бұрын
Man the first dude was solid. He came off as the one offering something not asking for something and that made the sharks come down, they knew he wasn’t afraid to walk away.
@pheasantpluck2 жыл бұрын
Exactly. I came here hoping to point this out. Nice one. He continually specifically says “our final offer, our offer to you is“ rather than asking for something
@goldieryry24012 жыл бұрын
And they should’ve let them walk. It was a very very stupid product. I mean I understand why the sharks made a deal but i think that it was such a stupid product. They started by presenting a problem and their answer to the problem was something completely unrelated to the problem. It was and is a very stupid product. Not to mention that their business plan was all sorts of wack.
@quentin09z2 жыл бұрын
Right ! and the second one was the exact opposite, looked desperate for a deal !
@A7Lopez2 жыл бұрын
@@goldieryry2401 they make like 20 mil + a year.
@lalaeatinagotdamnburger34162 жыл бұрын
@Goldie RyRy 😂😂😂
@MrDragonorp2 жыл бұрын
the first dude knows how to negotiate
@angelmendez67322 жыл бұрын
Right on the money
@Songs-lr4wt2 жыл бұрын
Yeaa, he was negotiating for 0.5 % whereas people just give away 30%
@kevinaguirre77162 жыл бұрын
Right, I was thinking the same thing
@cbrreezzyy692 жыл бұрын
He knew his product, knew the worth, knew where it was going, he just knew what was worth giving up and what wasn’t
@twodeepupyours5082 жыл бұрын
Helps to negotiate when you have leverage
@King_Flea Жыл бұрын
Barbara: I love your product. I think you're fantastic, your business is phenomenal, and your valuation is perfect. I've been waiting for years for someone like you to come into the tank; in fact, I dare say you are the single greatest entrepreneur we've ever seen, with the greatest business we've ever seen. This product will change hundreds of millions of lives for the better, and generate hundreds of billions in revenue. I think you're beautiful, and I love you. For those reasons, I'm out.
@olawaleolumide8399 Жыл бұрын
😂😂😂😂😂
@siddharthr594 Жыл бұрын
Not funny
@DanielAyy Жыл бұрын
@@siddharthr594Didn't laugh
@tedgonzalez985 Жыл бұрын
Very nice copied comment, bro. 😂 👌 I bet you're also going to edit your comment and write "Wow, guys! Thx for the likez!!!!1!!"
@scootstix Жыл бұрын
100%
@charleenxu2 жыл бұрын
I feel so bad for the second guys. Barbara legit said that she was "out" because they talked too much 💀
@augustus_czar2 жыл бұрын
yeah 💀
@abhishekkrishna8542 Жыл бұрын
She said out because she didn't understand them
@charleenxu Жыл бұрын
@@abhishekkrishna8542 still a bad reason lmao
@apollo1694 Жыл бұрын
@@charleenxuBetter than spending a million on something you have 0 clue about
@jeffmorrison6086 Жыл бұрын
I didn’t think it was too difficult to understand, she comes across as angry & rude when she doesn’t like certain products. I like the show better when she’s not on it, but I don’t like the cocky Uber guy either.
@Quantumchillz2 жыл бұрын
First entrepreneur is a good negotiator: cool, calm, collected. Knew his product and did not fall for low ball offers. Kevin loves to degrade products and bring out flaws but as soon as he signs deal he boasts about how great it truly is. They have every right to fight for ownership of their company.
@mathewvelasquez60712 жыл бұрын
He should be a sports agent/nba gm for real for real.
@4legsam2 жыл бұрын
People like the first entrepreneur cant take lowball offerers because it would be a down-round. It would devalue the first round of funding they received.
@boddaboom772 жыл бұрын
He put out the idea to bring another shark on board (added value) and got the same amount of money with half the equity as the original offer that Kevin gave them. Pretty good.
@GlorifiedGremlin2 жыл бұрын
Yall know this dude is literally profiting off data mining right? He's digitizing vending machines in order to have ANOTHER data mining avenue outside of the internet
@1rage172 жыл бұрын
That’s what makes him a smart shark. He points out the flaws so that the other sharks will hesitate to buy then he offers a price that benefits him and the entrepreneur to make them feel like they have no other choice.
@garrettgravley2 жыл бұрын
Ya know, we all give Mr. Wonderful grief, but at 28:58, he proved himself to be a very wise man with invaluable words of advice to entrepreneurs. Very well said.
@tableforthreee2 жыл бұрын
HAHAHAHA
@iambanter2 жыл бұрын
😂😂
@pricklycatsss2 жыл бұрын
I already knew it was gonna be the poopoo thing before clicking 😂
@royalkweyama76282 жыл бұрын
Any book recommendtions
@Sarahtoll72 жыл бұрын
HahhahahahahH
@twodeepupyours5082 жыл бұрын
I love how on the Zips deal Kevin scared off all the other sharks before he made an offer, pure genius
@oranjmusemeyer9682 жыл бұрын
Zipz hasn't been around for a long time, all they sell is packaging. Plus, it's just another single serve plastic. Glass bottles are recycled right now to save coastlines!
@1cj2 жыл бұрын
I would be terrified if Kevin called the sales peepeepoopoo as well
@CoD3x4life2 жыл бұрын
He didn’t really scare them off, he exposed the big big issue and risk in investing in it, not out of fear but out of standard business function. He hit the guy with facts, and on top of the fact he’s the only one who’s a wine connoisseur, so it’s specifically his space.
@bbking0062 жыл бұрын
@@CoD3x4life Wine connoisseur pushing under $10 wines? Yeah OK LOL
@georgebrantley7762 жыл бұрын
@@bbking006 Wine connoisseur as in, understands the wine industry. He's right about the wines by the way. Most Americans in 2009 (when that episode aired) were definitely not about to spend $3 on a plastic cup of wine when they could get a whole 750mL bottle at an average price of
@tiffanytia0303 Жыл бұрын
I loved the NuMilk idea. I would love to see it in my local Whole Foods, would definitely be a customer. Went to their website though and saw they seemed to have scrapped the whole grocery unit idea and are focusing on the coffee shop and home units.
@claiminglight Жыл бұрын
I was interested in the home unit idea, but it looks like they're gonna make you buy k-cup style packs. Which is pretty lame, in my opinion. No way I'm buying an appliance that only works if they stay in business while also lacking the utility to let me use the ingredients I want and have access to. I still understand this business from a coffee shop angle, but I don't think the home idea works the way they have it now. I certainly wouldn't be a customer, at the least.
@KiinaSu9 ай бұрын
@@claiminglight Just looked up the website and they basically reinvented Juicero. What a shame.
@SeenGod6 ай бұрын
i only drink cow’s milk, so for that reason, i’m out 😂
@jessiengg6 ай бұрын
@@claiminglight a bit late with this, although I do gotta ask or say, waste is quite a big thing, like buying bulk almonds only for it to go stale before I could get to half a bag, would the k-cup style make more sense with how it's packed?
@orchidpanda22532 жыл бұрын
Numilk seems to be the only one with real potential. But the vending machine guy was the best negotiator, no doubt.
@scottcamuto84108 ай бұрын
Vengo is doing extremely well.
@unnamed5oldier6598 ай бұрын
the vending machine is just a data mining company disguised as a vending machine. Honestly baffling how none of the sharks saw that. Data is priceless
@rohunsaigal25767 ай бұрын
For what it’s worth, Vengo’s valuation has increased a lot since then, it’s been very successful since this aired
@Rayruey6 ай бұрын
Do I’ve never been to USA I wanna know something Who is buying from a random vending machine rather than regular one or the store or online I don’t get how thing work in America cuz here we only barely have the most popular companies barely anyone ventures out buy new stuff Are things like this in certain rich areas/neighborhoods?
@Adixon55 ай бұрын
@@unnamed5oldier659ikr, and it’s like, another effin subscription service that probably has software security vulnerabilities…. F that! I’ll take the analog vending machine
@joshhale93552 жыл бұрын
The first guy straight up played Lori and Kevin. 2.5% equity was not his lowest. He just wanted to force them down as low as possible. Genius move.
@MultiAsdasad2 жыл бұрын
Maximum you mean?
@hatem94322 жыл бұрын
Naw idk bcs the $2million was debt with 7% interest. Rather than money they can call their own
@ozymandias85232 жыл бұрын
They have to pair the debt back though
@bindutiwari42632 жыл бұрын
@@ozymandias8523 isn't that obvious ? He probably was prepared for a debt and he knows the best for his company
@topspot48342 жыл бұрын
He's a good negotiator, but Kevin and Lori countered after his "final offer" so they understood what was going on ... I thought he could've gotten that interest rate down though, but dude was definitely impressive. And you gotta think, the sharks don't want some pushover, cause that's how you'll be with other people too. Know what you want, know your product, be firm, fair and cordial ... MOST importantly know when to shut up and walk away!
@Thanh-ph3mm2 жыл бұрын
i like when kevin makes a deal. he brings up different types of deals than the other shark and we learn a lot from it
@twodeepupyours5082 жыл бұрын
Me too
@daiszaib2 жыл бұрын
Lex Luthor
@zach42162 жыл бұрын
He's the smartest shark.
@OrgyAtMyPlaceNOW2 жыл бұрын
Royalties in Perpetuity!
@nemanjamaksimovic12632 жыл бұрын
But the deals are horibble for owners
@michaelware3542 жыл бұрын
18:52 "And I see you, maybe, struggling a little bit but I think you want to do it" -That's a damned good line.
@muhammadfurqanahmed9529 Жыл бұрын
Fun Fact: The 1st two deals never closed and the 3rd one did close the deal but now they are just in the licensing business and not the manufacturing business.
@olliejames11909 ай бұрын
Do you know why they didn’t close? And do you know if the 3rd got into Cosco, I guess not by the moving to licensing paet
@muhammadfurqanahmed95299 ай бұрын
@@olliejames1190 nope. Just Google the update on these. Don't know the specifics.
@r1s1mp9 ай бұрын
numilk did closed. someone brings a vegan milk product to the tank and mark went out because he said that he invested in numilk and he will be competing with himself
@ArthurB268 ай бұрын
@@r1s1mp Well it's possible the original deal didn't close and they came up with a new one.
@MatheusLB2009Ай бұрын
Just licensing huh, what a surprise
@TheDemigodKing2 жыл бұрын
Love that Lori wanted to make sure the last guy fully understood the deal that was offered to him. A small and simple question but big impact (for me). Respect.
@MaximaToluene2 жыл бұрын
Lori best shark
@zeBorat4202 жыл бұрын
@@MaximaToluene marks good too, but the other way. He tries to let on if they’re getting taken too easily
@Vendrix862 жыл бұрын
I mean she herself isn't the brightest bulb so she was probably asking more for herself lol
@MacAndCs2 жыл бұрын
@@Vendrix86 Lori could go to an ATM right now and set her hands on more money than the next five generations of your family will make combined. I'd say she's a pretty bright bulb.
@michaelxz13052 жыл бұрын
After the first 2 pitches, I couldn't believe the last guy didn't yell as well when giving his pitch. I'm usually watching dragon's den, not much yelling there
@jppotato172 жыл бұрын
First guy is the best I’ve seen on shark tank! He held his composure and negotiated like a pro
@royalkweyama76282 жыл бұрын
Any books recommendtions
@NadiaSeesIt2 жыл бұрын
Yeah. That product was weird though. I already hate that gas stations make you watch their ads, i wouldn't use a vending machine that does the same
@TheSuperBoyProject2 жыл бұрын
@@royalkweyama7628 mein kampf
@parth4377 Жыл бұрын
@@TheSuperBoyProject 💀💀💀
@photlam9769 Жыл бұрын
@@royalkweyama7628anything by Karl Marx
@TokyoDrool2 жыл бұрын
Watching Kevin hustle sharks out of that and grinding an amazing deal for himself was just intensely fascinating
@loveistheanswer59244 ай бұрын
It's cunning!
@GarbowhatАй бұрын
It's sociopathic.
@franklinegbuche70972 жыл бұрын
Kevin thinks he is a professor in a classroom. Always coming up with the most creative ways of making deals. Half the time I have to rewatch to understand his deals.
@YaaAmponsahAsare8 ай бұрын
He’s smart he knows and understands business. He knows it’s a business and business is an artificial person I like him
@alicemendoza5269 Жыл бұрын
A Hindenburg moment that affects derivatives and the financial system could occur if the US Treasury market collapses. Rising illiquidity in the $14.8 trillion U.S. Treasury market, according to Bank of America, might affect other financial markets.
@AnthonyHart34 Жыл бұрын
Particularly in this weak market, there are several opportunities to generate excellent returns, but such intricate transactions can only be carried out by seasoned market professionals.
@patrickperez7387 Жыл бұрын
@@harod033 That is a strategy I have been considering. I have been holding onto a lot of stocks, but they are beginning to depreciate, so I'm not sure if I should keep them or sell them. My portfolio could benefit from restructuring if I hired your investing coach, in my opinion.
@godof-ou1dw Жыл бұрын
@@harod033 My search for her website just required that I enter her whole name into Google. So far, it appears to be intriguing. I'll give her a call on the scheduled occasion and let you know how it went. Thanks
@Almond_tofu.6218 ай бұрын
@@patrickperez7387🙂
@therudimentroom2 жыл бұрын
I would absolutely buy NUMILK if I saw a machine in my local grocery store. I love the option for a fresh, preservative-free, milk alternatives.
@harleykessler97212 жыл бұрын
yes and the reusable glass bottle!!
@words0072 жыл бұрын
TBH it's a good thing even if you aren't any fan of these milks you can have different flavours everytime you go in supermarket just to taste different milks it's cool idea, but only if they dominate the field from the start they will end up profitable.
@gial272 жыл бұрын
Yeah I thought "damn this has to be massive now", I googled it and they havent released this years numbers but presumably still not making profit
@47fr1212 жыл бұрын
Yeah I don’t usually drink alternative milk but it looks good
@danh56372 жыл бұрын
It takes 30 seconds in a blender?
@sukritidang2 жыл бұрын
Okyay, hands down the first guy (Vengo) is a genius. He did all the talking after establishing the value of his aerospace engineer partner. His thought clarity of what his business model, his strengths and asks was is mindblowing. And to top it all up, his negotitation skills are mind blowing. Would love to have such person as a mentor!
@Smasher04042 жыл бұрын
@Zash I mean they are still around, and managed to secure $7 million in funding. While I don't like their machines when I used them before, I think it's too soon to call them a failure.
@DsgSleazy2 жыл бұрын
@Zash They're worth 50 mil now, lmao.
@wendys50712 жыл бұрын
@Zash fail? What are you talking about they have 1500 machines across the US now even in NYU and harvard campus. Their company worthed 50 millioni dollar!
@the48thhawk74 Жыл бұрын
@Zash Lmao
@dogdie147 Жыл бұрын
That’s why you never jump to conclusion without thinking
@theguywhofoundwaldoo79392 жыл бұрын
The fact Barbara sat through the whole presentation as well as further questions and said “I feel like a second grader I have no idea what’s going on” absolutely blows my mind lmao
@politecat92072 жыл бұрын
Yeah that seems more like her being uninterested or not paying attention instead of them explaining it badly.
@Bear-form Жыл бұрын
You don't see all of it.
@fos1451 Жыл бұрын
@Master Marc Subliminals says the guy who can’t even make a million
@n0thingbutstatic Жыл бұрын
came to the comments to look for exactly this, shes being so rude here. From the clip they are very sharp and to the point. Makes me think maybe they cut some stuff out? Otherwise this outburst from Barbara is WAY out of left field. What is it she doesnt understand? Its a vending machine for fresh milk. Done. What is her problem????
@nevertoolatewithnat Жыл бұрын
She’s not the consumer. I on the other hand was the marketing director for a well known organic grocer and I can tell you firsthand this product is going to soar into success. Barbara obviously doesn’t realize how loyal and fierce people can be about what’s in their food. And these consumers don’t care what it’s going to cost them.
@Johnfisher123452 жыл бұрын
Wait, nobody discussed the HUGE limitations on what that machine can vend????
@luciafrau1252 жыл бұрын
Exactly!!!!!
@tejask48892 жыл бұрын
Exactly, they compared their machine with a regular vending machine which makes no sense. Their machine can't vend item larger than a pen, idk how he compared getting a pack of chips when his machine can't even store them.
@MarkyTeriyaki2 жыл бұрын
@@garrett5214 I bet covid gave them a boost with the high demand for face masks. Also vending small items people always are in demand of like pens, lighters and gum probably keep them afloat. Still doesn't seem that much better than a normal vending machine tbh.
@stubbendeck2342 жыл бұрын
i thought the same thing but thhen i remembered seeing a video about a recreational marijuana vending machine they put outside of their stores and the machine looked very similar to those
@jayzeus18432 жыл бұрын
I thought he was sellimg the software to vending machine companies so they can incorporate that into their machines
i think numilk is the greatest idea ever pitched on this show. great job to mark and Kevin for actually understanding the product potential.
@Rayruey6 ай бұрын
Why would anyone buy that when the can make it at home much cheaper Rich?
@HutchIsOnYT5 ай бұрын
@@Rayrueyyou can argue that for basically any food/drink
@Vkpz2 ай бұрын
@@Rayrueypeople love to buy useless things, even more when it makes things "easier" for them 😂
@waleedabbas499614 күн бұрын
@@Rayruey Because it hypothetically automates a lot of the work? Convenience is KING.
@dougieV232 жыл бұрын
Can we talk about the fact that Mark crushed half that bottle of milk in like 2 minutes.
@SilversEC2 жыл бұрын
Its 2 minutes for us but probably like 30-40 for them
@EricSmyth4Christ2 жыл бұрын
Lots of editing haha
@orlandowells6319 Жыл бұрын
Ikr😂
@ALM1GHTY.PEANUT Жыл бұрын
I read this comment just as he took another gulp thinking he was crushing it hard
@Rayruey6 ай бұрын
It’s delicious when you haven’t eaten anything for abit
@harveyvictorcreatives2 жыл бұрын
The Vengo spokesperson knew his numbers, the market, his product, and was a sage negotiator. Liked listening to him hold his ground
@bluj94552 жыл бұрын
Dude that vending machine dude was a hard negotiator I would've taken them when the dropped from 6% to 3.5 %
@bigt1002 жыл бұрын
Same!! Boy tough as nails!!!
@BuggyDClown-pc7sc2 жыл бұрын
He actually got them down to 3
@danial7002 жыл бұрын
@@BuggyDClown-pc7sc 0.5% is a lot
@abbyhattaway82388 ай бұрын
That part
@lailaalfaddil7389 Жыл бұрын
The most important thing that should be on everyone's mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies.
@susannnico Жыл бұрын
That's so true. but if i may ask, do you trade all by yourself?
@lailaalfaddil7389 Жыл бұрын
I have been investing in stocks for over 10 years now and I have made a lot of money. My portfolio has grown exponentially and I can't thank stocks & ROCHELLE DUNGCA-SCHREIBER enough for such an amazing way to make money!
@susannnico Жыл бұрын
How can this person, ROCHELLE DUNGCA-SCHREIBER be reached please...
@susannnico Жыл бұрын
Wow! I just looked up this person out of curiosity and I'm super impressed with her qualifications. Thanks for sharing.
@nerminpeskovic3439 Жыл бұрын
Pyramid Scheme here folks, please be cautious with your money and avoid these scammers
@jeremydang64502 ай бұрын
10:04 what a rich giggle…
@Yaseen472 жыл бұрын
21:35 when Kevin gives Mark the "what do you want?!" and Mark death stares him into submission LMFAO love it
@Jokoman0192 жыл бұрын
Honestly I like that Kevin lets them take their time to actually consult with whoever they need to and allows to to still here other offers from the sharks i hater when the do the “either take my deal now or its gone” thing when they havent even gotten a chance to here other offers its just pressuring them into a potentially bad deal
@RJMacReady12 жыл бұрын
Its always been strange to me that hes known as the sleazy selfish guy of the pack - other than the fact that he leans heavily into the persona for fun. Hes always super open for negotiating, and hes often helped people out with deals when nobody else wanted to.
@Vendrix862 жыл бұрын
haven't you seen the many times he's changed the deal when they leave the room? lol
@mattnick232 жыл бұрын
they all do it sometimes
@1rage172 жыл бұрын
Kevin TOTALLY does that. I think he does it the 2nd most actually lol
@semiallusion9322 Жыл бұрын
That’s the point of pressuring them the deal is bad to them not the sharks that’s why they’re sharks
@Midwestmommyx2 жыл бұрын
I feel like the first company would do great in large vape/thc stores. Small products, no hassle of browsing the whole store, quick & easy.
@NewtBannner2 жыл бұрын
CBD, edibles … it’s limitless
@pavelbau63562 жыл бұрын
The possibility are endless that's a good idea
@mavoc30942 жыл бұрын
Except due to national legality issues, they have to be cash purchases, also there needs to be a cashier to verify proof of age.
@pavelbau63562 жыл бұрын
@@mavoc3094 scan ID cards to make sure people are
@mavoc30942 жыл бұрын
@@pavelbau6356 Fairly certain that is against the law for all states that have legalized it. Too easy to "borrow" a parents ID to make illegal purchases that way. Same reason you never see cigarettes or alcohol in vending machines.
@BBM7162 жыл бұрын
The NUMILK one was amazing.
@JoelJohnson242 жыл бұрын
For those of you who're wondering Zips failed, Vengo & Numilk is growing well.
@alexanderkozhevnikov86152 жыл бұрын
the zips competitor they mentioned that was there before is doing well too
@bsmccrunner42 жыл бұрын
Vengo isn’t doing that well for where they projected themselves. Very low profit margin. Good thing Lori and Kevin didn’t close the deal
@modestsky72682 жыл бұрын
@@bsmccrunner4 wait, they backed out on the deal?
@jason2mate2 жыл бұрын
@@modestsky7268 A lot of these deals tend to not close because the people coming on don't realize what they are getting into.
@edgarvera44542 жыл бұрын
Thank you, came for this
@efesrgn28402 жыл бұрын
Kevin is a very smart guy,he first highlights weak points of the projects to make other investors out. And make project owners to feel their idea is not that worth. This also enables him to create pressure over project owners to take his offer. His offer for Zipz was very unique and doable for both sides. Brilliant!
@Jpotsburn4 ай бұрын
So brilliant!! So smart that it never made it to Costco shelves!! Brilliant!!
@a_bb_a63562 жыл бұрын
Big fan of Mr. Wonderful's deal making ability
@TheNinjapancake142 жыл бұрын
Debt making ability?
@nwaneri02 жыл бұрын
@@TheNinjapancake14 Unfortunately enough, yes
@erikdvm80292 жыл бұрын
29:00 peepee poopoo
@sausthabbirsinghtuladhar17292 жыл бұрын
@@TheNinjapancake14 😂
@YaaAmponsahAsare8 ай бұрын
Me too he’s literally got a business mind. Like he’s so smart with his offers He knows business is an artificial person
@MirageUchiha9 ай бұрын
_Yeh, but wit the Zips thing, you're asking for Contamination Nation!_ _That part of the lid going on the bottom of the wine glass 🍷 then back on top, contaminates the wine & lip of the glass._ _So, once you put the lid back on and/or turn the glass upside-down, anything that the bottom of the wine glass touched that was dirty (ie: any dirty tabletop, counter, etc.) is now in your wine and/or on the lip of the glass._
@seandillon13592 жыл бұрын
Vengo guy was such a damn good negotiator
@playboicsl16072 жыл бұрын
Barbara - “This vending machine only does card instead and for that reason I’m out.” Barbara - “This milk has almonds in it and for that reason I’m out.”
@aimangotze2 жыл бұрын
Barbara actually said the milk guys talked too much therefore shes out🤣🤣🤣
@nycish71482 жыл бұрын
@@aimangotze right I was looking for this comment. This was just a cop out. I understand being confused but "not understanding a single word" made no sense to me
@perparimbytyci69532 жыл бұрын
So, the Americans have a Jenny too, huh?
@Thriving_Ngugz2 жыл бұрын
"Take this deal, don't be a fool" Kelvin. Great negotiation & intimidation at the same time. Haha
@ClarkRahman2 жыл бұрын
That Zips guys is so slick. He demoed that perfectly and got to proof of concept in under a minute.
@nescomadethis60582 жыл бұрын
Unfortunately He never made it too costco and Stepped out of the wine Industry
@Flash-pp3cr2 жыл бұрын
@@nescomadethis6058 😔 ✊🏾
@yotearashi5728 Жыл бұрын
i love how in the firzt deal right as Robert gets out, he starts facilitating and mediating the conversation, you can tell that man truly is fascinated and entertained by business
@cXspXr2 жыл бұрын
"we accept the congratulations but the work starts now". good passion.
@kexler112 жыл бұрын
I disagree with Kevin on the people not wanting to pay that for a glass of wine. Some people aren’t alcoholics but also don’t want too much booze in the house and only buy single beers and or wine etc just to have once in a while without being tempted to drink excessive amounts which is what entire cases or bottles promotes. If that makes sense, it might sound dumb but people do this with snack food because smaller portions don’t end up being binges like eating an entire bag of chips vs. Eating an entire tiny bag of chips even though they are more expensive per weight. That’s how I see it anyway.
@zion45772 жыл бұрын
Ehhhh, I think Kevin was right. Why do ppl buy wine to sip it and enjoy it. What’s the age range? Demographic? I’d say women, over 30yrs. Are they buying 1 GLASSS? NO. They are buying by the bottles, or bag or box just ask your aunties they don’t just take a glass and call it a day even at that price. They need a whole bottle and if it sells for under $10 why buy a glass for $3. Getting that glass to under $2 is the diff here bc it can be boxed up or sold on airplanes or select places.
@joewas22252 жыл бұрын
Kevin spoke nothing but facts.
@rikumajumder15582 жыл бұрын
You are speaking of a problem with alcoholics. Though the thing is that most people cannot afford alcohol everyday and that kind of stops them from drinking excessively in general. But whether someone is an alcoholic or not, it's just too dumb to buy a glass of wine. If you really have a problem with alcohol then you shouldn't be drinking in general. People who suffer from it and stay away from it, don't drink even a sip of alcohol cause that could make them addicted again. So a glass of wine for any person makes no sense.
@tet_talks85682 жыл бұрын
@@rikumajumder1558 but it could make sense at events, like open-air concerts, festivals, fairs, etc
@rikumajumder15582 жыл бұрын
@@tet_talks8568 In my country, public drinking is prohibited. I think it's the same everywhere. But even if it isn't, buying a whole bottle would be cheaper overall whether it be in fairs or a private party.
@andrephillips77642 жыл бұрын
That first guy is an excellent negotiator
@AlexxeMJFAN Жыл бұрын
He really seems to have a real potential for the future, it's so nice to see that
@kaia65842 жыл бұрын
Looked up NuMilk and the at home countertop version is only $249…. I’ve never bought a product after seeing it on shark tank, but I am seriously considering buying one of these for my new home
@AbigailMontgomery2 жыл бұрын
I know a person can make nut milks using a Vitamix blender. I'm not sure if regular blenders would also work, but probably. I wonder if the numilk is much better/different than a blender. I hope their product takes off though; I'm a plant-milk drinker!
@AbigailMontgomery2 жыл бұрын
Nvm, a commentor below said the process of making but milks w a blender - is tedious
@sarutobi432 жыл бұрын
@@AbigailMontgomery it is. Super tedious. But depending on how frequently you drink it, you're probably not even spending 250 a year on almond milk, and even if you bought the machine, there's no guarantee it'll work long past its warranty.
@AbigailMontgomery2 жыл бұрын
@@sarutobi43 I drink almond milk / alterna milks daily or close to it, in my coffee, and sometimes in smoothies. At $3-6 a pop, I probably do easily spend $250 on it. But then, raw almonds are expensive, too.
@sarutobi432 жыл бұрын
@@AbigailMontgomery I researched, they're packages you have to put in the machine in order to make the milk. They range from 3 - 4.58 a package. It's the price of one whole carton per package almost. Not worth it unless it's better quality
@LeleTheMonke Жыл бұрын
Mr. Wonderful: "popo pepe popo" 28:25 Me: "say no more, u got ur self a deal"
@Hey_me Жыл бұрын
"Who is ready to Vengo?" i laughed from that catch phrase. Loved it.
@youtubersoutofcontext71312 жыл бұрын
Only 1 of the guys spoke on the first pitch the whole time. The only thing the other guy said was ‘I quit my job in aerodynamics’
@Jackgarda2 жыл бұрын
What we see is edited of a much longer discussion/negotiation
@youtubersoutofcontext71312 жыл бұрын
@@Jackgarda true but like u would think they would put a bit more of the other guy in
@nwing07__2 жыл бұрын
one dude is in charge of the company's business the other dude in aerodynamics is probably the designer of the product it's not exactly rocket science lol
@youtubersoutofcontext71312 жыл бұрын
But he could atleast answer 1 question 😂 lol
@luissferman2 жыл бұрын
@@youtubersoutofcontext7131 their questions were solely on the business side not the science so he had no reason to speak
@kaaayl112 жыл бұрын
Zipz could have sold to restaurants. The restaurant I use to work out (In Canadas wine capital) sold a glass of house wine (cheap box wine) for 5.95 and 6.95 for domestic local wine. He should just be licensing his glass to airlines, restaurants, arenas. You pay for the convenience
@johnl.77542 жыл бұрын
The cheap box wine should still have better margins if poured into a cup themselves if you have the sales volume to finish the bottle/box each day.
@sangun1232 жыл бұрын
It’s going to be incredibly hard to upchatge in a restaurant when it’s in a cheap plastic cup, even with cheaper wines in resteraunts, atleast it’s in fancy wine glasses so you don’t feel too bad about the price
@peggyreely8339 Жыл бұрын
I am bothered at the hefty plastic their glasses are made of. Growing up on islands surrounded by beaches and oceans it offends me bc it takes a toll. I think your idea for airlines etc is great. I just would never spend that much on one glass of wine .
@ashegrey30422 жыл бұрын
the countertop milk maker (pretty much a keurig for milk) is a great idea!!! as a mom who gives my 2 year old daughter plant based milk bc she has dairy issues i usually make my own oat milk so that it’s better for her. i would 100% buy that to make the fresh milk bc i hate the process of making the milk.
@KatsuKasuu2 жыл бұрын
I'm 24 and eat whatever I find but being able to make different kinds of milk for whatever I'm eating and types of cereal just sounds like it would add so much diversity to my food palette, the price is a bit steep but I 100% agree this is something I'd probably buy.
@jaybrousseau33882 жыл бұрын
I saw in another comment that they’re supposed to be releasing it sometime in 2023
@dakotascott8462 жыл бұрын
One thing I do worry about with the product is cleanliness. Many self serve machines have a bad problem with mold growing in the lines, and a lot of cocktail machines failed for that reason. Leaks are another big problem. With how even plant based milk spoils I'd be afraid to have it in my lines and dirty the machine. If there's no system to keep it clean I would stay away from it
@TheRealMangiacakes2 жыл бұрын
It’s $249 and the milk pouch things cost $3. It’s cheaper to just buy milk
@aadipatel30862 жыл бұрын
@@TheRealMangiacakes the entire purpose was that milk at the stores have a bunch of additives that make it more unhealthy than the milk that is made in the machine
@kendralee2568 Жыл бұрын
This is amazing to watch this!!! Great job Kevin!!!!
@JohnWebster-o4o Жыл бұрын
Being an entrepreneur myself that invested in several companies that were on shark tank. Beatbox beverages being one i love seeing other entrepreneurs doing great things. When i had a job i would take off tuesday and Wednesdays from night job for shark tank and the profit. I learn so much!
@macatk49932 жыл бұрын
It was nice to see the first entrepreneur to bring his emotional support human with him.
@paulndichu84262 жыл бұрын
I love how Mark let's everyone else exhaust almost all there is to know and do the maths then jumps in and steals the deal
@astr0sauce Жыл бұрын
same with Kevin, they’re the smartest imo they’re thinking on levels the others just aren’t
@bySterling2 жыл бұрын
The Vengo deal never closed but they’re now worth about $50 million
@ishaanhall782 жыл бұрын
i've seen them at NYU. why didn't the deal close?
@harpergrace58462 жыл бұрын
Thank you I was wondering what happened
@aniibhat2 жыл бұрын
@@ishaanhall78 maybe they realised $2M debt with 7% interest is not the best idea despite the low equity
@bsmccrunner42 жыл бұрын
Still $50 mill was low considering what they were projecting.
@anndrawz29522 жыл бұрын
@@harpergrace5846 y
@MrQuizno99 Жыл бұрын
Love how the second guy stepped in and made the gutsy decision, great friend
@KeepItCivilPlease2932 жыл бұрын
Kevin is far and away the best shark. Informative, knowledgeable, and hilarious at the same time. Just a great all around genius.
@deeboy84gradybaby242 жыл бұрын
Agreed
@podi_ta79782 жыл бұрын
Nah its Cuban, Kevin can hustle out a good meal for himself but Mark is just an apex
@lifeofpablolover9112 жыл бұрын
poopoo poopoo peepee poopoo
@ridhwankazi95032 жыл бұрын
def mark lmao theres a reason hes way richer and he can see the bs
@ridhwankazi95032 жыл бұрын
also this is kevins experties not marks
@rigobear36202 жыл бұрын
I can’t be the only one whose ran out of pitch videos to watch and now eagerly awaits a new one lol
@bu05ttr2 жыл бұрын
That's me
@thetakerofknees97372 жыл бұрын
Relatable
@nancyfahey75182 жыл бұрын
The benefit of alzheimer's.
@realsinceday16322 жыл бұрын
That might’ve been one of the best deals I’ve ever seen Kevin offer in the history of shark tank great deal for both sides
@twitchster772 жыл бұрын
Unfortunately the Zips company did not work out :(
@lotsaspaghetticodejr.64887 ай бұрын
One of my extremely good friends is a department manager, in training for regional manager, for Whole Foods and he specializes in the wine department. This product would absolutely be a seller. It's known as a guilty pleasure.
@naomilove4751 Жыл бұрын
The NuMilk countertop design is the only product I’ve seen on Shark and actually want to buy it.
@cadriver25702 жыл бұрын
Holy moly, I want that NuMilk machine.
@katlyn95752 жыл бұрын
Looks delicious
@cadriver257010 ай бұрын
Well I bailed on NuMilk when they went the proprietary route. Almond Cow is amazing and highly recommended.
@mutatednut2 жыл бұрын
Damn this guy was the best negotiator I’ve ever seen on the show
@bohunter97652 жыл бұрын
you talkin bout Kevin? lol
@mutatednut2 жыл бұрын
@@bohunter9765 no the first guy
@zdelrod8292 жыл бұрын
Lori and Kevin are probably the most reliable when it comes to their deals.
@ca1682 Жыл бұрын
10:30 Much respect. Brian played the numbers exceptionally well while countering Kevin repeatedly while holding himself professionally!
@jackmarston14262 жыл бұрын
The numilk guys were smart They explained it in a way they understood and spoke marketing and cost
@TypeSly2 жыл бұрын
Man, I love that Numilk product! It's seriously an innovation that is revolutionary! I never thought I would say that from a product from this show.
@RunDaChansey2 жыл бұрын
32:24 The way Kevin funnels everyone down one line of logic is incredible. His logic.
@Lord.Xenith2 жыл бұрын
If i was a numilk owner i would just focus on the home and coffee shop version then once i got a bigger capital i would do the vending machine .
@shashankgadamsetty5082 жыл бұрын
they started the pre registration!
@loganbarlow6492 жыл бұрын
How did Barbara “not get” Numilk?! Can someone please explain?! 😂
@onebigwolfyboi2 жыл бұрын
I think it was more about how it was "made instantly". She didn't know how the ingredients magically turned into milk flowing out of the spout, so a lot of the logistics seemed scary to her. It wasn't simply "there's milk in here" so she would have to get educated on how plant-based milk is "made".
@keniguillen15202 жыл бұрын
Lmfaooo she’s ridiculous 😂😂 she definitely still drinks whole milk
@nolanarmstrong24582 жыл бұрын
@@keniguillen1520 lmao bro she sounded demented
@AnnaMaeBullock Жыл бұрын
She didn't drink milk in second grade.
@CloudHeady11 ай бұрын
😂 idk but that part was hilarious!
@natureseeker91222 жыл бұрын
I'm pretty new to this show, and based on all that I've seen with Mark, seeing him happy and calm with the milk guys was pretty strange.
@MuhammadHussnain-er3lcАй бұрын
After Shark Tank Unfortunately, the deal with Lori and Kevin never closed. Most likely the founders pulled out of the deal after changing their minds when the cameras stopped rolling. Giving away equity for a loan would be a bad move in the long term.
@Baltzy242 жыл бұрын
"I love my beak" 🤣🤣🤣
@Adrianlover892 жыл бұрын
Tbh as a business owner I like the old vending machines. They have got a redesign over the years and have a lot of space. Also another thing. They don't run on wifi, so no internet problems for retail..
@hamida1852 жыл бұрын
But the need space and the frequent maintenance.
@adilhasan22 жыл бұрын
also this whole digitizing everything is unneccesary
@astr0sauce Жыл бұрын
i get the wifi thing, but i think there’s a place for both, or maybe some kind of compromise. for instance, the new coke machines in restaurants that let you pick from a bunch of different drinks easily are much more preferable to a normal fountain.
@sarangsharma53462 жыл бұрын
I just started laughing at 7:43 when he says "so Mr wonderful" 🤣🤣 taking control
@alinalukina31955 ай бұрын
Your videos help me understand complex trading concepts. Thank you for making it so accessible!
@Sinsabaughjrleon11 ай бұрын
Wow so glad to see that go through..awsome Deal for both with a product I think will storm the world..great great episode
@sukritidang2 жыл бұрын
loved the aerospace engineer's chuckle when Mark says oasis
@frogsky12162 жыл бұрын
why
@luhscummer42102 жыл бұрын
28:58 he’s speaking the language of the gods
@ilandi.engelbrecht7 ай бұрын
😂😂
@thelostandlonelysoul79732 жыл бұрын
Unfortunately, ZIPZ didn't make it to Costco and currently out of the winemaking business.
@aaronsmith48062 жыл бұрын
Aww I was wondering what happened
@Francisco.M8052 жыл бұрын
They did make it.
@nshobanraj2 жыл бұрын
@@Francisco.M805 really?
@robbiewhite23512 жыл бұрын
That’s not true, they had an exit and Kevin bought his additional % that he negotiated for
@AndrewFunnyMan2 жыл бұрын
Top comment is partially true. They do not make wine anymore but they still license their tech
@richngo85852 ай бұрын
That was genuinely the best deal Kevin has ever made on the show. It was a lot of equity, but even the company owner knew Costco was too good to pass up.
@ifwecouldvote2 жыл бұрын
O'Leary couldn't get Zips into Costco apparently, and now they're out of the wine business. They still make and license the packaging however.
@ChristineJonah882 жыл бұрын
Really?
@scottycranwell2832 жыл бұрын
Where are you getting this info from?
@ifwecouldvote2 жыл бұрын
@@scottycranwell283 It's being relayed to me from an old mining colony deep within the crab nebula.
@weewuwuu2 жыл бұрын
@@ifwecouldvote Cool
@CrnogorskiNacionalista2 жыл бұрын
@@ifwecouldvote so a trusted source then
@jjmah72 жыл бұрын
That Vengo deal was fun to watch. The entrepreneur really held his own in there, guy knows his business in and out
@Astrohhh2 жыл бұрын
That last clip's audio was absolutely awful. The background music was louder than the talking.
@tanks4dying2 жыл бұрын
I was looking for this. I can’t focus on the video 😂
@lavender_stars2 жыл бұрын
bruh same. i had to play it on bt speaker
@wasimaltan21212 жыл бұрын
here i m cursing my cheap chinese headphones
@cat35842 жыл бұрын
They should just cut all the music out except maybe between transitions
@flamez966926 күн бұрын
Mark started smiling like a Disney movie character 😂😂😂
@PrisonbreakSPNheroes2 жыл бұрын
I've never heard of NuMilk but when I choose an alternative milk I prefer Ripple pea protein milk. Chocolate flavor works great for a protein packed hot chocolate.
@lawliet38552 жыл бұрын
That last guy was swindled. Kevin needed his product to get into Costco (he believed in that strongly given his deal of not giving debt and buying more shares if the company becomes successful) and they needed Kevin to get into Costco. I bet if he negotiated heavily he could have walked away with a much better deal.
@zoomerd93852 жыл бұрын
Kevin loves giving out debt with large interest rates🤣
@Nippleless_Cage2 жыл бұрын
It's free real estate!
@Salt96962 жыл бұрын
Seriously what kind of value does Barbara bring to the shark tank panel? She hardly invests in any products, her reasoning for getting out of deals almost always make no sense… what is it about her?
@Nippleless_Cage2 жыл бұрын
She likes to play hard to get. If I recall she actually has two of the most successful deals of anyone on the show.
@DsgSleazy2 жыл бұрын
@@Nippleless_Cage What were they?
@thetopfootycoach Жыл бұрын
Vengo deal never went through but they are worth 50m now, making 10-12m a year
@teddym2808 Жыл бұрын
The home machine of the numilk, if it ever happened or does happen, is where the money is. I saw it and instantly thought "yep", and I am sure many others did too.
@aholmes74ah7 ай бұрын
Yup. The fact they didn't bring a working model hurt them.
@geroldy45462 жыл бұрын
I can’t believe the first guy got two sharks to settle for him
@Thedrink3x12 жыл бұрын
This show is so addictive
@JaxRwld2 жыл бұрын
Kevin O'Leary's investment in Zipz Wine was the biggest-ever "Shark Tank" investment at the time of the recording, per Just Wine. O'Leary, a self-proclaimed wine connoisseur and vineyard owner, was so excited about the deal that he tweeted about it. He guaranteed success for Zipz Wine if he could get it into Costco, where he thought it would be a perfect fit. Unfortunately, the product never made it onto Costco's shelves.
@ContentWizard2 жыл бұрын
D'oh!
@LighthouseJaye7 ай бұрын
23:00 Mark did not beat you up, he made you money and did the *business* part which seems to be the part that is struggling... Hope it worked. That product is phenomenal, I'm not even green like that but with that kitchen top prototype it's almond milk all day.
@brookebonetti62532 жыл бұрын
numilk seems soo cool i’m actually really interested in the company now:)
@S3MTX2 жыл бұрын
That vending machine got some serious limitations. Can’t even vend a can of pop or bottle of water.. I feel like people would see a regular vending machine, see all the options and make a decision immediately. Instead of standing there and scrolling through options
@My2Stents2 жыл бұрын
The real play is in customer data … they’ll know who bought what, their name, address, etc. and they’ll sell that data to social media marketers to target them … the vending machine is a ploy to get the data … why else does anyone think they got two sharks for 3 percent on vending tiny things? It’s the data because it’s all digital, no coins, no cash …
@nadiyavalli22752 жыл бұрын
I agree.
@Davidsworldtravels2 жыл бұрын
You put that thing by a concert or festival and fill it with vapes and gum and I bet you’ll print money
@sangun1232 жыл бұрын
People keep thinking about food for it, as said above, vapes would 100% always sell out, I’ve heard dispensaries going this route, tons of things that aren’t massive
@nadiyavalli22752 жыл бұрын
@@sangun123 there would be issues with it though. Vapes usually require ID’s to purchase so this would only work in clubs
@twinkieinyomowf60332 жыл бұрын
i like how kevin was saying he could get mans wine into costco, but the funny thing about that is Kevin couldnt even get his own wine into costco.. so.. what the hell lol
@Sursion2 жыл бұрын
Because having Zips along with his other products would increase his chance of Costco accepting his products. It was a mutually beneficial deal, that's why it was contingent on getting the costco deal. I'm really not sure how people aren't understanding this.