These two sound like every 'influencer' on my LinkedIn Feed
@joesmith-em2cd8 ай бұрын
Exactly 🤣🤣
@hector57498 ай бұрын
Your linkedin sounds miserable. I have not had any influencer in my feeds. Then again, I do not follow or engage with them. Sounds like you do.
@wittenberg58 ай бұрын
Or he's connected to people who do.. linkedin shows you everytime one of your connections like anything
@Lobito-qz9pz8 ай бұрын
@@hector5749 "I will berate you for what the algorithm recommends to you. That bad thing never happens to me. I am so great and so much better than you"🤓 That's you. That's what you look like and sound like
@DigitalNomadInvestor8 ай бұрын
Tik Tok generation.
@starblaster3218 ай бұрын
This guy was so full of crap. “Our gen 2 packaging!” He was making stuff up at this point
@BitterComments8 ай бұрын
Bread Man: *Loses $1,000,000 in his business.* Also Bread Man: *The sharks are out of their minds not to invest!*
@RuwaichiShio8 ай бұрын
Yes he really messed up saying they are out of their minds
@MultiJejje8 ай бұрын
Amazon lost money ~25 straight years before they came profitable.
@foxernator8 ай бұрын
@@MultiJejje Comparing any company like this to Amazon isn't a good comparison but yes, many companies burn money for many years.
@bhanuysv8 ай бұрын
@@MultiJejjeeven in 5-10 years down the line no way I'm spending 12 fkin dollars on bread ..and don't compare everything to amazon
@user-yt1988 ай бұрын
@@MultiJejje Amazon is a tech company. It means they could scale up without increasing their administrative expenses, which they did.
@rinraiden8 ай бұрын
Middle/lower class people are not going to spend $12 on a tiny loaf of bread. Are these people really that disconnected from reality?
@rivalstorm1208 ай бұрын
He also works for P&G, which owns 30%-40% of the market on everything from toothpaste to cereal
@adamlegros11808 ай бұрын
@@rivalstorm120worked* past tense
@switchunboxing8 ай бұрын
Absolutely
@doppelgangster8 ай бұрын
Its pretty cheap
@Alex-iu8ns8 ай бұрын
I would not spend 12 dollars on a bread even if i am a billionaire
@Aviciifi8 ай бұрын
“It’s not about the money” **sells tiny loaf of bread for $12**
@joesmith-em2cd8 ай бұрын
😂😂😂 It was all about money. I could see through all their bs.
@jahbrake97918 ай бұрын
😂😂😂😂😂😂
@juansigala74418 ай бұрын
it’s about our crust 😂
@Aviciifi8 ай бұрын
@@joesmith-em2cd what business isn’t about the money 💀
@MrBlipman8 ай бұрын
Well TBF he only makes $3.50 or so per which is awful margins. Whole product is just garbage in general, I can get so much bread for their pricepoint OR make my own lmfao.
@joesmith-em2cd8 ай бұрын
They went out of business in March of 2023, if any one was wondering.
@vamsic86168 ай бұрын
Yay
@joelrobles83658 ай бұрын
Dudes head was too far up his a**
@batmang90148 ай бұрын
That's this year and this month
@joesmith-em2cd8 ай бұрын
@@batmang9014 I’m sorry, I meant March of 2023.****
@evanmcsparin73808 ай бұрын
A small loaf of bread for $12.00 is crazy
@mjcgreatness8 ай бұрын
It’s strange when a company that isn’t profitable comes in asking for a huge valuation and offering such a small percentage
@mrhumble29378 ай бұрын
Some companies that's normal tho
@mjcgreatness8 ай бұрын
@@mrhumble2937 sure, but to not be profitable for the foreseeable future and only offer 3% at such a huge valuation seems like a risky move for shark tank. Setting themselves up for failure imo
@mrhumble29378 ай бұрын
@@mjcgreatness yea agree there.
@BestOfTate238 ай бұрын
All new episodes are like this. I believe producers tell them to come in with these valuations because they get more views online
@ChelMatisse6 ай бұрын
@@BestOfTate23 No way. Why would a smart business owner ever do that?
@kylerider71258 ай бұрын
The answer to eating to much white bread that isn’t healthy isn’t to buy a 12 dollar loaf instead, it’s to just stop eating bread
@monzerfaisal36737 ай бұрын
Or buy full grain bread with a good amount of fiber. Here in Norway it costs 2 USD
@AC-fy4cv7 ай бұрын
Like me
@Eli_Skipjack5 ай бұрын
@@monzerfaisal3673you can buy a loaf of full grain bread for 2 USD in Norway? In the USA it’s twice that much that on the low end 🥲
@JickFincter4 ай бұрын
@monzerfaisal3673 for a lot of people it's about gluten and grain intolerance
@kylerider71254 ай бұрын
@@JickFincter it’s called natural selection my gluten free friend
@daniilpershin37637 ай бұрын
- Multinational companies ruin people's lives by making unhealthy products and we have a mission to improve people's lives! - My exit strategy is to sell this to a multinational company LMAO
@atomicrecharge57068 ай бұрын
Can tell he completely missed what the sharks said at the end, it’s not about the health aspect but the costs to acquire a single customer
@Molybdenom8 ай бұрын
I'd have liked to know his customers life time value.
@switchunboxing8 ай бұрын
Right I thought he was listening then at the end he’s just like “man I have no idea why they don’t want to invest in my company that does nothing but lose money”
@The92Waffles8 ай бұрын
Barb actually didnt say anything wild this time. She was right.. this isnt a product, its a cause. And they will never be able to scale to the heights they want that way
@switchunboxing8 ай бұрын
She is one of the most sane sharks on the show. That’s why people give her crap. She’s not just there to market herself or to make the show look good. All she cares about is making wise investments. She’s blunt, and she’s just looking to make money. That’s it. Straight to the point.
@henrypeters52913 күн бұрын
@@switchunboxing I mean you could say the same thing about Kevin.
@JoeCharogoff8 ай бұрын
No cube of bread ever changed someone's health, unless they choked on it. Healthy bread exists for an entire loaf for half the price of this.
@CoercedJab5 ай бұрын
Where is your scientific study comparing this bread to typical processed bread
@JoeCharogoff5 ай бұрын
@@CoercedJab The last place anyone would look.
@rob_milstein8 ай бұрын
These two epitomize all that’s wrong with former corporate employees trying to make their own business (they want to start at the top instead of generating sustainable cash flow). The jargon alone was disqualifying
@foxernator8 ай бұрын
"We are digital marketing experts" was where it rang alarm bells for me. They may be experienced in delivery but have no clue about how to run a business. I would say I am now an expert after 8 years in a high intensity agency and have done a number of qualifications in business theory and then helping clients with business strategy. It's insane how many clients struggle to run businesses let alone the people who do delivery of marketing and then claim they are "marketing experts"
@Samizouza2 ай бұрын
Exactly why I'm learning off from this both investors 🦈 and entrepreneurs on the dos and don'ts of business and company startups.
@doowroh8 ай бұрын
I'm at 30 seconds in and already bet they don't get a deal. 500k for 3%? Clearly there just for exposure.
@robotpanda778 ай бұрын
"Bro you are crazy not to invest in the idea of my bread" - that guy prob
@gavinsaxey2 ай бұрын
Pretty much what he said at the end @robotpanda77
@Illusion5178 ай бұрын
I'm so sick of this type of product. Take a market staple product, make it ridiculously overpriced and add buzzwords to attract people with more money than sense. Come onto sharktank, give yourself an overinflated valuation, then be unprepared to explain how you're going to handle high shipping costs of food while also differentiating yourself from the 50,000,000 other gimmicky buzzword food products that come out each year.
@willhanleyreed19908 ай бұрын
“Your product is great, the business is horrible.” - Sharks “I don’t understand what these guys had for breakfast this morning our product is great and they dont see that.” - Pitch Some people have no ears.
@acesofglory8 ай бұрын
One of the worst valuations I've ever seen
@helloimclaudio8 ай бұрын
Those owners are delusional 😂
@robinabernathy28298 ай бұрын
You can always strike a chord with Mark if you tell him you did door to door sales.
@Salted_Potato8 ай бұрын
12 dollars for a loaf of bread that we have to manually slice into 8 pieces, holy damn what were they smoking
@michaeljohndadd5458 ай бұрын
10th like
@stuff17848 ай бұрын
Never been poor before
@domdot28938 ай бұрын
Emma's face at 3:14 said it all... Just mumbo jumbo verbal diarrhea
@Clipisim2 ай бұрын
haahhahahaahhahahah
@brian1k8 ай бұрын
They were not expecting that ending by mark😂😂. And these entrepreneurs were definitely not ready for a deal 😂😂😂
@HAn-ie2zp8 ай бұрын
Lost 1 million but value the company at more than 16 million😂🤡🤡
@Onxy19766 ай бұрын
I know!! This couple is ridiculous!! It is irritating and annoying when these entrepreneurs come out with the most ridiculous and asanine evaluations with no profitability, an excessive loss and no time frame to become profitable! The sheer audacity is detestable!
@ElijahBenjamin-ug6op8 ай бұрын
You've got to be pretty well of if you spend 12 bucks on half a loaf of bread.. In my family we go through 2 full loaves every morning 🤣
@benzun96008 ай бұрын
Yup. We just make our own bread now. I would never buy this product
@topshelfdustin30608 ай бұрын
Or you don't eat a lot of bread? Mind you I'm nobody to talk, I spend on quality food...other than bread where I buy the cheapest loaf in the store lol.
@gbj65815 ай бұрын
True. Some small families and single people cant finish a whole loaf of bread. That being said $12 is a very niche market. Unless they got into whole foods or trader joes etc, they will struggle.
@vivs93148 ай бұрын
They wanna help the planet and people’s health…then proceed to charge $12 for a small ahh loaf. Many people, specifically the US, who have health issues like diabetes and whatnot, are in low income households. I doubt they would entertain a $12 load of bread when many Americans struggle with buying enough groceries, especially now. They’re helping no one with those prices.
@RuwaichiShio8 ай бұрын
Exactly
@apolloollopa16538 ай бұрын
Agreed wholeheartedly. It's such a shame food is so trash AND expensive nowadays. We would be so much healthier if good food was accessible to all societal classes. I would love to be able to afford healthy food, but I just can't do it in bulk or often.
@WiscoJayke7 ай бұрын
Imagine asking for half a mil for 3% and having no clue when your company will be profitable. Like no projections at all for reaching profitability!?
@rebeccaphillips22074 ай бұрын
So let me get this straight - no net profit - loses over $1 million - CAC is almost 4-5 times the cost of the product - values business $16.6 million Yep they’re fully out of their minds
@MrLukazenko8 ай бұрын
Go to any northern or Scandinavian countries in EU, you'll get full loaf of healthy bread for 3 bucks
@kaasgaafnl3 ай бұрын
Same in the Netherlands, Germany, Austria, etc. From experience, I think many Americans don't really know what good bread is.
@VictornHart8 ай бұрын
Looks like uprising food didn’t make any bread that day
@geomet13116 ай бұрын
The chewing/spongey factor was not designed on purpose folks
@jh48038 ай бұрын
$12.00 for that piece of bread 😢😢. I buy Ezekiel bread, it is a regular pound of bread that costs only $8.00. It is also made from organic, sprouted whole grains and legumes.
@robotpanda778 ай бұрын
Regular loaf of bread is a dollar.
@cadriver25708 ай бұрын
Dave’s is another at that price point, and well worth it.
@nikibowe8 ай бұрын
only $8
@jh48038 ай бұрын
@@nikibowe yes
@jh48038 ай бұрын
@nikibowe To be exact, $ 7.39. And it's really delicious.
@Vic_Chaos_Күн бұрын
He questioned what the sharks ate for breakfast. In the meantime, the sharks questioned and ripped apart his whole business model.
@gamingpig49978 ай бұрын
Can someone explain how they even got that many sales in the first place? 2.2m was it? How can such product sell relatively well but still go out of business?
@bryangan22248 ай бұрын
Simple - spend so much on digital advertising to drive sales to the point of an unbelievable CAC. Businesses do that all the time, and then fold like losers.
@Yuchub338 ай бұрын
Advertisements cost money, if you advertise to get a lot of customers you also have to pay for each of those, specially if youre a new business and people still dont know you. In order for this to work your customers have to be recurring and buy from you again. In this case they werent.
@1smallBoi2 ай бұрын
4:00 "I almost want to ask you for proof"
@uconsulting18312 ай бұрын
That “oh” at 10:00 🤣🤣🤣
@jingleball24278 ай бұрын
Dude the post-pitch interview that guy wasnt listening to a word any of them said!
@stuff17848 ай бұрын
This guy is SUCH a salesperson! I don’t trust a word he says!
@arjunrsrivatsa8 ай бұрын
they dialed in their position...right out the door!
@iwrk8 ай бұрын
They live in la la land. A bigger concern is income inequility. The poorer your middle class becomes, it will be more difficult for makers of high end products survive. Great for dollar stores and Walmart
@agylao68948 ай бұрын
I wonder what she sees in him
@rob_milstein8 ай бұрын
I think she’s starting to ask the same question 😂
@dankk_edibles8 ай бұрын
She fell for the buzzwords
@t0nno8 ай бұрын
"Procter and Gamble"
@PierreBullock8 ай бұрын
That he has way more potential than you and although the business isn’t profitable yet his business has brought in more money than you’ll ever make in your life
@agylao68948 ай бұрын
@@PierreBullock That's not where I was going with my comment but sure...
@Arthuur98 ай бұрын
Silicone valley type bread
@TheMrGrimmerz8 ай бұрын
When are you profitable? The future at a certain point What's the model? We're good at marketing How do you make money?! We make bread at a loss Worse answers ever....
@timkiemdautu8 ай бұрын
The video is great. Thank you❤❤❤
@htvlogs808 ай бұрын
They said it themselves, they're "Brand Builders" that's why they speak & using fancy words like Barbra said. They can sell & promote brands ya, but they don't know how to operate a business.
@josephbscott83508 ай бұрын
They're not even a business.. They're a charity that sells bread.
@saiphaneendra098 ай бұрын
yeah.... a charity that sells bread 🍞 for $12
@GuessTheSongMS8 ай бұрын
9:22 sums up the whole pitch nicely
@bryceb_8038 ай бұрын
$12?! oh F*** no
@hamhi987 ай бұрын
Losing $1 million over bread is wild
@billdoolinofficial8 ай бұрын
Lori's reasonings are like : "light bulb in your home corridor is emitting less light so for that reason im out"
@jokelo22318 ай бұрын
Loris the goat. Out of 20 most successful businesses in shark tank Lori has a share in 10 of them
@hgordonf4 ай бұрын
I am sorry their company folded but 1:50 William Schumacher is so good looking !
@saiphaneendra098 ай бұрын
Gen 2? Whats he selling NVIDIA chips? Apple Silicon? 😮
@Jasper-Holland8 ай бұрын
Reupload
@xXx.......8 ай бұрын
It's not about the money yet he charges 12$. This guy is a quack
@FSSmash8 ай бұрын
"Its not about being successful" HUUh
@lownaccawookie50845 ай бұрын
The masses are tired of paying outrageous prices for healthy food options. If bread is that important that you’re willing to shell out 12 bucks just bake you’re own healthy version
@jhonbaptist18453 ай бұрын
It's like watching the news: Feels misleading
@Grejegando4 ай бұрын
Their valuation was based on their sharp growth in sales and the market potential but never on profitability. This guy doesn't understand numbers and he really needed a partner to fill that gap. I only wish they'd asked him why does it cost too much to produce a loaf of bread. If he managed to bring his cost per loaf down to $2 and switched to retail instead of paying $50 on customer acquisition, he would've done extremely well.
@c4un544n58 ай бұрын
The way he talks reminds me of linus tech tips
@switchunboxing8 ай бұрын
THIS WOMAN IS SO BEAUTIFUL 9:33
@diogo0823 ай бұрын
I'm with Barbara.
@JL-wv2ou8 ай бұрын
They said they’re experts at digital marketing. Shark tank literally posted them for free… 😏 they never had an intention of acquiring an investor at that point lol
@illpistolwhip67797 ай бұрын
Anyone that’s really in touch with their health, anything processed we just stay away from. I do not eat any bread lol
@MiszCeeCeeАй бұрын
The SECOND I heard that that loaf of bread cost $12, I knew they werent going to get a deal. There isn’t a bread good enough in the world to make me pay that much.
@dusyantraghav78052 ай бұрын
When somebody call themselves "dynamic" you know there is a problem
@rivalstorm1208 ай бұрын
When i heard he worked for P&G, i knew that price was gonna be high and it sure was
@H1CKYXXV333 күн бұрын
How did that make the bread float at the start?
@divyarajshah6 ай бұрын
He gave a speech about being authentic and real and fresh and then went on to say that he wants to sell it to a multinational!! What!!?? Where did your cause go!?
@marceloadams72825 күн бұрын
Barbara: You said to many big words for me and sadly for that I’m out
@chandler57128 ай бұрын
If they really cared about the “mission” they should just file not-for-profit because they literally have none lol
@AstralXMidnight6 ай бұрын
Barbara = ""Thats alot of fancy words. I'm out"
@smallsmalls38898 ай бұрын
Has he got that Hairstyle for a bet.
@theempire008 ай бұрын
💀💀💀💀💀
@Justin-uc8sc8 ай бұрын
That lady was fired from Proctor and Gamble for her idea of Gillette’s “Boys will be boys” campaign
@Millionsfornothing8 ай бұрын
Did he need to say """basic"""" """""bread""""" ???
@chriscone9168 ай бұрын
nah, they didn't listen, sharks were right for getting out.
@thelawnranger1844 ай бұрын
Barbara: the sun came up today, so for that reason, I'm out.
@ericknava31537 ай бұрын
it's always funny to see one of those companies that promise they want to save humanity and change the world but they have the most expensive product on the market. These people have zero contact with reality
@Three-z1b8 ай бұрын
12 dollar bread better come with 1/2 a pound of salami 1/2 a pound of sliced turkey and a jar of peanut butter and jelly
@animalworld9838 ай бұрын
This went out of business. If your dad was given 4 weeks to live and survived, it's not coz of this $12 bread. When the doctor warns like this, people stop all their bad habits and practice healthy options in all ways.
@1whical8 ай бұрын
12 dollars for a half loaf of bread??!!! 😂😂😂
@Traveling_For_Events8 ай бұрын
❤❤❤ I love shark tank. I wish I invented something 😢
@DopeTalkTV8 ай бұрын
Do it
@stuff17848 ай бұрын
Right, same But I’m afraid they’d rip me to shreds 😭
@bellyboop4448 ай бұрын
mmm minecraft dirt block
@mrhumble29378 ай бұрын
The big companies lose a lot to start thats why it never bothers mark. Uber was burning millions or millions had to keep getting investors money. Then scaled.
@cuthwulf8 ай бұрын
There are people who come on here that are great inventors that don’t know the business side. This was the opposite. If you have a business and say casually”we were net negative 1 million dollars “ without any emotion, you need your head examined. Running a successful business takes equal parts innovation and common sense.
@KosherKid2 ай бұрын
They were there for the commercial
@makoota8 ай бұрын
One of many times I agree with Babs
@paradiso45628 ай бұрын
"Superfood" "kito" "gut health" just throwing every health food trend in there.
@young19398 ай бұрын
He said it wasn't about being successful, so they are out.
@pertnerk5 ай бұрын
They wanted to blitzscale bread. That's a new one for me
@wearenoless67322 ай бұрын
Do people not realise that one of the reasons people eat “unhealthy” is because it’s cheaper than “healthy”. No one is solving anything by making “healthy” costly . I would buy real vegetables and fruits for that amount of money instead of buying bread
@leedsdrumacademy8 ай бұрын
I'm with Mark. Some people really buy into the lingo of being a "startup"... Sigh.
@dontbanwarren4 ай бұрын
bruh I ain't paying $4.00 for a whole loaf of bread. No shot i'm paying $12.00 for a half pullman loaf.
@yowmama8 ай бұрын
dont know who has more charisma the bread or the his girlfriend
@nychris22588 ай бұрын
I cannot imagine selling 5 million dollars worth of something and not making a dime
@RetroDeath4 ай бұрын
Nobody is buying 1/3 a bread for 5 times the price, my man.
@WindRipples-8 ай бұрын
These 2 are exactly the reason why new hip brands are moving away from the traditional jargon crap that their companies taught them. Not surprised they went bankrupt. Lotta fancy talk, no plan.
@CreatingCreations8 ай бұрын
Sounds like he got to many business degrees.
@JacoblBroughton5 ай бұрын
the dude is a robot 💯
@LordAbaddon8 ай бұрын
Good idea, but terrible business people. Far too many people get stuck on sales. Anyone can give something away. Sales without profit, not to mention sales that only leads to loses is nothing. This is a nothing business that is doomed to die. They are the perfect example of giving trophies to people for just playing.
@hosseinghanaati7283 ай бұрын
if I am going to spend that much I am going to eat steak not bread bro has the IQ of sea cucumber
@Tintin61283 ай бұрын
I can tell by his response at the end that he didn't take anything in. She's gonna leave him soon