5 Times Entrepreneurs Set High Valuations | Shark Tank AUS
00:01 – Bryces
08:22 – HTZ Hot Teaze
17:08 – The Party People
27:15 – Ice Bucket Skins
38:34 – Speedfit Australia
An international sensation, Shark Tank AUS features entrepreneurs pitching for investment in the Tank from our Sharks, five venture capitalists willing to invest their own money in exchange for equity.
As Seen On Shark Tank Australia Products:
Shark Tank US Products Collection:
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A lot of the people on this show have ideas that can make them millions. They prove that someone like me can become rich. But I’m very unproductive and lazy, and for that reason, I’m out.
😂😂😂😂😂😂
I’m in, for that reason I’m out.
Yes for all the above reasons, I am out! 🤣
I would be out too (to the first pitch at least)
I think i saw the same comment somewhere
What I really like about Steve is that he very often sells the other sharks to the entrepreneurs by highlighting what the other can do.
He might be a bastard sometimes but I genuinely believe he has the founders best interests at heart and he really appreciates his colleagues
Hes personality still sucks. Imagine working with him
He’s the Aussie equivalent of mark cuban
Yeah, he’s a bit of an emotional prick at times, but the more I watch, the more I respect him for being honest. He’s always straight up about his thoughts, at 24:30 he even called the brunette out on her BS. It makes sense why she said that, but it’s also playing directly against the entrepreneur.
I honestly think most of us who only watches these episodes regularly have a better understanding about reasonable valuations than these people who own the businesses..
True but it’s only one small part of business and this show is pretty focused on that part.
I think they just want more money but dont want to sell more than 30 % of the company so the only way to do it is to jack up the evaluation.
Like ‘the beautiful baby’ episode on Seinfield
@mfmemusic That’s not true, some of us don’t even want to own businesses.
If that were the case wed own our own businesses, and most of us (speaking for myself at least) do not
Imagine being the guy who gave them the 10 million dollar estimate and being the sole reason why sharks said no
in his defence, he probably just based it off predicted sales those ladies gave him. If they told him they were for sure going to be doing huge numbers soon, maybe even included that investment already, the valuation might not be that bad (assuming they promised him their predictions were accurate)
It’s hard to imagine being that stupid, and im already pretty stupid
The fact that those women couldn’t see for themselves that $10M was a ridiculous evaluation before they even got there tells me they don’t have a head for business. I love their product but I do think it’s a bit pricey at $249
Ik🤣
The party guy was partially right about one thing. Many people do want to visualize and see items they’re looking at picking. I def am one who likes going to party stores to get a better idea of how something looks because internet pictures can be misleading.
If they set up a lot of displays for different themes I think it would actually get people to buy more items because they fall in love with the over all look which can’t be achieved with only a few items.
Plus people def prefer trying on costumes before buying them.
Yuuuuuuuyuyuuuuu
It’s all fun and games until Steve closes his notebook😂
Im ur 666th likers
@Derreck Foreal yes!
Omg best comment facts 😂👌
@Aussie Sportsman the first guy on the left
YES
The Australian sharks are a pretty friendly bunch.
@Spacetime One O’ One which episode?
Not always, they got offended cause someone who was making more than they do was pitching and none made an offer because of it then they are making less than him.
I set my hearing power to 100% when Andrew is talking. He is a wise man and always leaves entrepreneurs with brilliant remarks.
Imagine the next time these people see their accountants lol
😂 We need to educate our Accountants 😂
I still respect these pitches because it takes GUTS to make a business, pursue a dream. It doesn’t always work out, but at least these guys tried, and I’m sure they will make it some day.
Kudos for trying
I had a dragon’s den phase and then all of a sudden now I’m on Shark Tank Australia
Same my dude 😂
next year its gonna be shark tank india
Not many people know about The Vault, which is the Indian version of this show. It can be quite entertaining, they love to haggle.
Angry people to sweet clam entrepreneurs
And for that reason I’m in.
The party store guy has some amazing, memeable up close shots of his face.
Man of culture
YES❣ 🤣🤣
Love the differences in reaction between the Australian & the U.S Sharks 😂🦈
@Keyser Söze unfortunately they had a super high evaluation with nothing to support it. Not even the data the accounts used to formulate the value. So it’s the high dollar amount combined with the lack of preparedness, which makes it just fantasyland
Also, the valuations! In the US they hear something like “5% for 500k valuation 10M” all the time and they take it serious, but in this one they goes nuts when the valuations are too high
Yeah, the Australians not invest when is too much money and seem nicer at first glance
I have been addicted to watching this for the past month, idk what it is!! Anyone else?
I’m from the US, so I’ve seen so many of the American ones & was looking for some different content. I’ve been binging Australian Shark Tank & the Dragon’s Den episodes religiously!
This is the single YouTube show I watch the most
Same
@Christabel Nettey we what? Lol
@Briana Kirby sorry… I was just having a bit of fun and giving you a compliment. I forgot it’s 2021 and these people are hypersensitive.
Janine‘s hairdresser was probably cringing behind the scenes when she watched that woman slather her roots in hairspray and then fry them to a literal smoking crisp with her square shaped crimper. 😂
@Babbler 😀
@Imjust Sayin hes jealous
@Fine Art of I was a man I’m pretty sure I wouldn’t want long hair either. Lol 😆. I do wear ot up quite a bit. The funny thing is, I don’t realize how heavy my hair is until I get it cut & feel the relief. But thank u
@Imjust Sayin as a guy, even shoulder length hair would be kinda annoying for me, but waist length! Hell nah. You’d have to tie it up anywhere you went, and would it be kinda heavy, like 500 grams or something? That’s awesome that you are making wigs for cancer patients tho
@C You may be right. I didn’t think about that. Thank u. Have a good day
He thinks he can give guest service to 8 hotels over the phone. He doesn’t the hotel business from the business side, he knows it from the guest side.
8 rooms not 8 hotels
Who the hell is going to go through that hassle, your not going to have Rupert Murdoch staying there for the night. Just a bunch of tourists and people of the community at best.
@Susan Anderson There are 10,000 possible combinations that the digits 0-9 can be arranged to form a 4-digit pin code. No one has the time or patience to figure that out. The only way for someone to get the pin number is to hack the database, again chances of that happening are super slim. Not to mention after every stay, codes would be reset via a random number generator. You are honestly more likely to lose your key card then have the pin code stolen.
I would want a key card not a code anyonencan figure out
Hotel management is more than what the guests see
Oh man the hotel guy…. that was hard to watch. I was struggling big time with second hand embarrassment.
That 10 million dollar valuation hurt my soul
Mine too 😂 How did they come up with that?
I really dig the fact that the Aussie sharks are non-sensational and matter of fact when discussing why they think a business won’t in contrast to their British and American counterparts who try to humiliate contestants at every opportunity.
Lmao watch the vegan guy get roasted
After the show, her plane finally arrived. She stopped a cab and quickly hurried to the shark tank. The show has almost ended, hopefully the entrepreneurs are still there. Barbara really wants to make sure they know she’s out.