Shark Tank US | Coldest's Entrepreneurs Are 'Terrible Pitchers' According To The Sharks

Рет қаралды 288,748

Sony Pictures Television

Күн бұрын

Пікірлер: 369

@spencer_francis 2 ай бұрын

That was a cold ending...

@dianam.N 2 ай бұрын

😂😂

@KayjunKing 2 ай бұрын

Pun intended lol

@aahirgh 2 ай бұрын

The coldest.

@RobloxGuardian 2 ай бұрын

Ikr so abrupt

@karthikhegde9752 2 ай бұрын

😂😂😂😂

@DOC_951 2 ай бұрын

Why did the episode randomly just end? 😂

@wolverineiscool7161 2 ай бұрын

Because it's a cold ending to the coldest product

@adrianishtar0 2 ай бұрын

You don’t want to know what happened after… Those two have been missing for weeks now 😬🥶😰

@BitsAndPiecesContent Ай бұрын

Because their answer was NO

@dontchangethename4040 Ай бұрын

Camera man died from freezing

@RahamanBinUjit Ай бұрын

Cold ending 😂

@ichigo0070 2 ай бұрын

I don't know if they will read my comment but as an industrial engineer The biggest mistake they made was making dozens of colors and designs They should only sell the best three colors/designs

@bartderuyck 2 ай бұрын

For sure. I mean: 350+ SKUs?

@Southside2825 2 ай бұрын

They both have “anime energy” lol

@SanDiegoBoxes 2 ай бұрын

@@Southside2825I agree lmao but at least they got 20 mil in revenue🤷🏼They just need to figure out their market and get profitable

@mikefieselman 2 ай бұрын

@@SanDiegoBoxesalso -400k profit. How could you skip over that? Lol

@GirlycarDawn 2 ай бұрын

Yep absolutely.

@dwayne9959 2 ай бұрын

Sometimes less is more. Too many products.

@healthadvice3091 2 ай бұрын

agree, e-commerce gurus literally said you need to have 1 product and iterate it that none can beat you, in other words don't be the jack of all trades master of none instead be the master of one

@TheColdestWater 2 ай бұрын

Post Shark Tank Update - Hope you guys enjoyed the episode! The entire experience was absolutely epic whether we got a deal or not, so we are super grateful for being selected to be in the tank and have no regrets. By the way, we are not bummed or have regrets for not accepting the deal (and we don't want you to be either). A royalty deal would have been a quick fix solution, it would be a really bad deal for the brand long term, Dave and I are long term builders), we would have loved to partner with Mr. Wonderful though. What ended up being cutout was the numerous back and forth exchanges to get the right deal with him but ultimately it didn't work out. We filmed for about 45 minutes back in June 2023, a lot was said that didn't make the 10 minute cut. Our voices are also edited to be PITCHED up for TV lol. The way we strategized was Dave was in charge of any questions regarding numbers, I was to take on any questions regarding brand, what makes COLDEST different, marketing etc, lol this way we wouldn't interrupt each other. Episodes usually focus on one - brand, products, or numbers). Since they chose to focus on numbers, dave made most of the cut lol. Since being on the tank, we have learned a LOT. Some of the hardest things of the business have been the scaling costs as the brand grew, so did warehousing, employees, marketing etc. Its a huge balancing game that we are trying our best to make work. Lori was right - we have a LOT of skus and expanded fast into a lot categories. Over the next year we plan to be reducing categories and skus to focus deeper into the core of our brand and where it all began...creating the best COLDEST water bottles. The journey is just begining, and are much more than just another company...sit back, enjoy, this website is an entire world of COLD to experience & join us along for the ride.

@potassium9881 Ай бұрын

@@TheColdestWater I have faith in you two. Best of luck

@drehunnid3788 19 күн бұрын

@@TheColdestWater Hope you guys are doing great 🔥

@robinsalem8201 16 күн бұрын

“Hey sharks I’m--“ Barbara: “I’m out”

@PokePOPJPX 2 ай бұрын

Their voices... annoying much?

@tomekk.1889 2 ай бұрын

Lol I had them on in the background and I thought they were women

@woodgraingrippin4495 2 ай бұрын

@@tomekk.1889🤣🤣

@darklordojeda 2 ай бұрын

Very.

@youtube79z 2 ай бұрын

i thought they were 11 years old based on the voices

@hypersonic6649 2 ай бұрын

They sounded transgender

@lockzmusic 2 ай бұрын

They got 8 year old voices 😂

@TheColdestWater 2 ай бұрын

They edited our voices to be pitched up post production. lol

@rickfuchs89 2 ай бұрын

Hated their voices

@ckapka_AA12 2 ай бұрын

@@TheColdestWaterlol no way

@mrs.marvel5269 2 ай бұрын

@@TheColdestWaternahh.. i watched your channel and it sound the same 😂 but cool product tho

@victornyamu2547 2 ай бұрын

@@TheColdestWateryea it sounds edited

@Prettyflaco72 2 ай бұрын

Bruh these bottles are everywhere at Ross tjmax and even dollar store😂.

@stevenkanoff9441 2 ай бұрын

But are they the coldest?? 😅

@MrNick- 2 ай бұрын

Yeah? Is that a bad thing? Where are your bottles? In your mommy’s fridge getting cold for your next milking? She should buy one of those from the “dollar store😂” so your milk can be the coldest.

@HojlundUnited 2 ай бұрын

@@MrNick- ?

@theforce8929 2 ай бұрын

@@MrNick- ?

@Bucforlife 2 ай бұрын

@@MrNick-?

@iampunjabian 2 ай бұрын

Kevin wanted the money they spend on marketing.

@TheColdestWater 2 ай бұрын

@tommyjames137 2 ай бұрын

You bros are smart for not taking that royalty deal, Im always shaking my head at these suckers that are desperate for a deal and just give up too much of their business. Great pitch!

@Pindosina 2 ай бұрын

Read that in pitched up for tv voice.

@TheColdestWater 2 ай бұрын

@@Pindosina they def raised our voices digitally

@TheColdestWater 2 ай бұрын

@@tommyjames137 Most don't realize when you pay a royalty up to the investment its the same difference as a LOAN for equity.

@MYFASTGRAMMA 2 ай бұрын

Best of luck

@cd7856 2 ай бұрын

The product used to be good about five years ago. Bought an ice pack and really loved it. Recently it leaks, and I returned it under warranty. The replacement product that they claim to be the same is total crap. The gel is much thinner. It doesn’t stay cold very long. It doesn’t meet my needs.

@AGILISFPV 2 ай бұрын

Shrinkflation bby

@itsjasur 2 ай бұрын

So you used it for 5 years and returned it?

@alon403 2 ай бұрын

but sounds like it worked great for 5 years and theres somewhat of a replacement

@boredapathetic 7 күн бұрын

@@itsjasurseriously who returns a water bottle after five years?

@itsjasur 5 күн бұрын

@@boredapathetic obviously this guy 😆

@vecomeco 2 ай бұрын

So happy they said No :)

@khia3839 2 ай бұрын

It’s funny because I remember always seeing their videos on TikTok and vine of “influencers” promoting their water bottle. Like every other video was their water bottle. It makes sense why they’re losing money they’re spending it on marketing and advertising

@tonystank_kick 2 ай бұрын

2:18 why he say my mom and dad lol arent they twins

@darklordojeda 2 ай бұрын

lmao, I was thinking the same exact thing.

@DanielMartinez-rv6su 2 ай бұрын

Cultural vernacular. It’s very common in other languages, like Spanish. You say “my” in front of mom, regardless of the person you’re talking to.

@josephchirco4922 2 ай бұрын

In my family we also grew up saying “my mom, my dad” we were all from the sand mom and dad

@josephchirco4922 2 ай бұрын

“Same”

@mikefieselman 2 ай бұрын

You didn't timestamp it right. Its 2:08 thanks for confusing me because of ur error

@usmantariq7997 2 ай бұрын

Update: This year they're on track to surpass $25 million in sales.

@mrhumble2937 2 ай бұрын

And they'll be at one hundred bucks profit

@irshviralvideo 2 ай бұрын

sales in ecommerce is easy. The problem is making a profit. Cuban is right to question their digital marketing spend. Customers on ecommerce are extremely fickle. There is 0 loyalty. Really hard to make money

@MatheusLB2009 2 ай бұрын

And on track to surpass 500k in debt i suppose

@EmEsjay1 2 ай бұрын

And net -500k

@seaofatl5549 2 ай бұрын

@@mrhumble2937 Profit isn't always necessary. As long as you have a good strategy to keep making money banks will keep lending. And think if they made that much, cut down, changed warehouses, they could get rid of that debt in months. tbf. They could be paying themselves millions without the company dropping a sweat.

@irshviralvideo 2 ай бұрын

im still confused how they can lose money with 20 M in sales but yet have a 80% margin based on what he said..... Terrible pitch but seems like an awesome business. I suspect they are overspending on managing so many SKUs and R&D and paying themselves massive bonuses

@Jajaky 2 ай бұрын

Nose candy

@jabracoroni 2 ай бұрын

That's the first time in a while I've seen someone spell "lose" with just one O.

@irshviralvideo 2 ай бұрын

@@jabracoroni what do you mean ? its supposed to be one o fool. loose is totally different meaning

@jabracoroni 2 ай бұрын

just sayin everyone else spells it incorrectly (with two Os)

@adrianishtar0 2 ай бұрын

@@Jajakyit’s always the blow

@oanthatakealeboga571 2 ай бұрын

These guys are cold for not accepting the offer

@keithhodgson6489 Ай бұрын

Another reason why the word "cringe" was invented.

@rachmadsuhartono 2 ай бұрын

No sane investor will be interested in 1.5x for 3-5 years

@mikempr5655 2 ай бұрын

These guys are clearly twins where everyone in their family doted & praised them growing up, telling them everything they did was so cute & hilarious. On a side note, I’m glad they did not take Kevin’s offer.

@NosLaser 2 ай бұрын

Did these guys suck helium before pitching? Holy hell.

@TheColdestWater 2 ай бұрын

Lol I swear they increased the pitches of the voice in the beginning

@Murderbits 6 күн бұрын

@@TheColdestWater They did. One of the two mentioned elsewhere in this comment section that the show pitch-shifted their voices.

@BeardedRealm 2 ай бұрын

Those little fellas sound like they're cartoon characters

@albameireles9170 2 ай бұрын

What’s up with that ending lol 😭

@Wolf-xu1fj Ай бұрын

Jordan and Philippines, never heard of that combination.

@PW-72648 2 ай бұрын

Why would you buy this instead of other brands in this area which are there for years. At the EOD it's just another bottle.

@RaceCarLogic 2 ай бұрын

SONY, welcome to KZbin, I hope you enjoy your stay here..

@stephenlandrum 2 ай бұрын

Millions in sales and now have to scrounge for $600k

@MarkT923 Ай бұрын

Damn 350 skus that's rough! One thing that I do and always encourage other product creators / entrepreneurs is keep it simple. I'm in California so I use the In N Out business model. A very minimal menu that is executed extremely well. Doing so makes positioning a lot easier, operations, marketing etc. I was confused when they came in with the water bottle showing the non slip bottom and being spill proof and then went into dog products. That's why they have $3 million in spend when it comes to marketing because their audience is way too big. Maybe lock down the water bottle market and then grow into other markets. I'm sure a lot of people that own their water bottles have pets so running email and ad campaigns to the customers that already bought their water bottles sounds like an easier path than trying to go after different segments. Its the reason why In N Out works so well, you know everything you're getting from product to service opposed to some other burger places or restaurants that offer way too much.

@davidsb22 Ай бұрын

8:45 I was ready to hear Kevin backfire at the guy when he sarcasticly told Kevin where else can he make 50% profit from his investment. 🤣🤣. Terrible negotiators!

@mweiss505 2 ай бұрын

Why are ppl saying they didnt make profit if they reinvest. They can say we made so and so and reinvest.

@nvp9393 2 ай бұрын

It’s a way for them to make it look way better than it is. Money into inventory does not impact income statement, so a loss has nothing to do with inventory. Their problem is they’re trash at running a company and burn so much money it’s worthless

@tikaltoki4561 17 күн бұрын

3 million on 600 "loan" + 7% equity was brutal. There is no point in accepting such a greedy deal.

@Memeist174 12 күн бұрын

That was the coldest ending I’ve seen

@whiskeredshrimp 2 ай бұрын

isn’t this the bottle that youtubers sponsor and it would make squeaky sounds 😂

@AndresChavez-y1w 2 ай бұрын

If you're sweating at night, you need to see a doctor not buy a fking expensive pllow

@nwijesinghe Ай бұрын

so...the editors got a sense of humor huh?

@kodaph 2 ай бұрын

The *"COLDEST"* ending

@MILXAN10 2 ай бұрын

They have a really good business and a good product. They need to spend less on Ads, Focus on the one product and stop wasting money on the other products and watch the business become profitable over time and then sell it off.

@Kasparovwannabe 2 ай бұрын

All those business podcasts and they missed the part about making money, shame. They should've limited the SKU's to a few popular ones, then focused on getting their CAC as low as possible, then scaling when they got green. Too excited. Too much. Too fast.

@siya_s_ Ай бұрын

I was waiting to hear that "You're dead to me" from Kevin 😂

@John.Asante 2 ай бұрын

Were their voices pitched higher than normal?

@walnutclipzz 2 ай бұрын

so squeaky 😂😂😂😂

@darklordojeda 2 ай бұрын

yeah, extremely annoying.

@TheColdestWater 2 ай бұрын

They increased the pitch digitally (we think)

@chaitanya.41 2 ай бұрын

3:05 Is Robert in love?

@RobloxGuardian 2 ай бұрын

😂

@Dwade32 2 ай бұрын

Dude got plastic surgery. Looks bad

@evanmcsparin7380 2 ай бұрын

This is super cringe I'm sorry

@TheDogIn2020 2 ай бұрын

It’s ok 😊

@emansonart 2 ай бұрын

I did, I chose, my parents, I wanted … meanwhile his literal twin and business partner is standing right next to him …

@sjaykay9884 2 ай бұрын

What happened to Damon’s voice? He and Kanye went to the same code switching school

@Teddjeep 2 ай бұрын

Tony soprano ahh ending

@jerseyinfamous 2 ай бұрын

What happened to the ending? Did they get a deal or not ?

@SPTV 2 ай бұрын

If you want to see more iconic scenes from Shark Tank US, SUBSCRIBE to our channel! 🦈

@mickygchannel 2 ай бұрын

Wth is your problem?! Why cutting off the videos now?!?

@HopCity22 2 ай бұрын

It’s like 2 Kyle forgards! Hahah😂

@LifesBetterNotGambling 2 ай бұрын

God loves you

@427max 2 ай бұрын

Ya I drink a bottle either at work or at play in less than ten minutes so I don’t really ever care how long a cup can keep something cold

@gilbertolopezfernandez1152 2 ай бұрын

Es posible que les pongan "subtítulos en inglés" (que no sean los de KZbin) a estos videos de Shark Tank? Gracias. Soy Gilberto desde Colombia.

@albertobengoa4438 2 ай бұрын

A x5 is not a royalty to avoid risk. Is to make business.

@theempire00 2 ай бұрын

Uhm where’s the rest of the episode?

@adrianishtar0 2 ай бұрын

You don’t want to know what happened next 🥶😨

@Thomas.Bolleiro Ай бұрын

Sonly Pictures Television: How fake and scripted do you want Shark Tank to appear? Shark Tank Producer: YES!

@DoorDashDad 2 ай бұрын

Now they're the #1 selling drink on Tiktok

@robinabernathy2829 2 ай бұрын

Want to give only 2% but expect the sharks to double or triple their revenue within months.

@mrbong123 12 күн бұрын

Lmao what an ending

@goodolarchie 2 ай бұрын

They seem like smart guys, but I don't know how you lose 400k on 15M revenue when your margins are 80%. Too much waste. Either way this came across as a free infomercial for them, they don't need the deal.

@zerachielplinius8093 Ай бұрын

The world will never need more water bottles. Stop, people.

@jmhie9 2 ай бұрын

Ohh didn't know the thermal water jug I've been wanting to buy started here.. Much expensive than aquaflask but looks better than them..

@dd___dc 2 ай бұрын

The voice sound like they going thru puberty 🤔🤔🤣🤣

@friendlycanadian4560 2 ай бұрын

Yeti #1 I can fill it with water and ice and will still be there the next day

@dannyh7316 2 ай бұрын

That was cold blooded 🧊

@professional_larper Ай бұрын

How did we know damon was out even before a single word was spoken

@gus051 2 ай бұрын

Nice cliffhanger

@kayataghavi1761 2 ай бұрын

That story about the 1,000 was so awfully delivered

@TUN3MODE 2 ай бұрын

Honestly, Kevins' offer wasn't that bad. When they offered to payback 1.5× his money in 3-5 years, I was offended.🤦🏾‍♂️

@mauriciodelossantos3974 2 ай бұрын

Kevin's offer was crap, and I'm saying it based on his previous deals (generally he accepts the entrepreneur valuation when adding a royalty AND he tops it at 3x - never seen anything above it, 5x is ridiculous, basically perpetual royalty)

@Kasparovwannabe 2 ай бұрын

@@mauriciodelossantos3974 Yeah, it's designed to be ridiculous. He doesn't want to invest in this bleeding business, but he's one of the guys who really treats it like a tv show and will throw out deals for content. If they take his super one sided deal, great, if not, more footage for the show.

@JayKayEll 2 ай бұрын

It was a garbage offer. He wanted 5x via royalties and he wanted a percentage of the company too. That's not a good ideal a tall.

@CreativeProductions- 2 ай бұрын

@@JayKayEllIt’s a greedy offer I’m glad they didn’t accept it

@joannamccloud Ай бұрын

Im glad they made it i got one comming

@Ecletix420 8 күн бұрын

I’d give them whatever they wanted just to shut them up.

@YesSirYesSir3bagsFULL 2 ай бұрын

I had this on my headphones without looking at it. They sound like Tom Holland…

@samijacquin8814 Ай бұрын

jesus $20M revenue and -$400K revenue ouch, how is that even possible ?

@Zeropainter420 2 ай бұрын

Get to the sad part . Bring an immigrant is not the sad part .

@averagestatelesssinner Ай бұрын

Why have pitches become so jingly and loud of late?

@prhwiz Ай бұрын

Bruh they didn’t even let him finish his sentence

@BrooklynPete 8 күн бұрын

They got greedy. Sound had stood with the bottle

@PracticalPerry 2 ай бұрын

09/16/24 (my birthday!): Their website is "coldest". I am very curious about their pillow being the "coldest" as I sleep hot. Can't wait to try the pillow as well as the water bottle.

@tonystank_kick 2 ай бұрын

Need project farms to test the bottle

@andrescano-alva5885 2 ай бұрын

imagine working with 2 guys with that voice lol

@lucaschambers8209 2 ай бұрын

Gotta love them internet fans 😂😂😂😂

@OlCrunchy 2 ай бұрын

God what a fine example of why dragons den is a better show. These guys need to settle the hell down

@bart_alexander Ай бұрын

Gnarly ending . Out of no where

@jon8817 2 ай бұрын

Flaunt their sales outside and complain about losing money at home.

@aaronflores21af 2 ай бұрын

They seem too inexperienced in business to be able to make a deal this concept is stupid it's been don before and it has limited money possibilities bc they will never become bigger that big brands

@Proto7 2 ай бұрын

That’s just cold

@Cypher791 2 ай бұрын

So what about the other years? Do they lose half a million bucks every year? When are they planning to stop losing money? How can a money pit be worth anything? 🤔