Top 3 Moments When Entrepreneurs Sold Their Entire Company | Shark Tank US | Shark Tank Global
The Sharks sunk their jaws into these companies, buying them out 100%! Watch the emotional reactions of these entrepreneurs as they let go of their businesses.
00:03 – EvREwares – [S6 E14]
11:09 – Moki Doorstep – [S10 E9]
19:46 – HyConn – [S2 EP8]
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Top 3 Moments When Entrepreneurs Sold Their Entire Company | Shark Tank US | Shark Tank Global
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@reanu keeves 888888iii8888i8888i88888iii888ii88i8iiii8ii88i8i88i
Shark tank is a joke it’s a fake dragons den
Okay
An update on that sticker business:
The deal didn’t push through. The sisters backed out after the show and decided it was too special for them. And it was a horrible decision because they eventually went out of business.
They were so caught up with their emotions that they chose to overlook the fact that it was literally dying already. Cubes couldn’t care less about the business, heck he said he’d use it for “Mavericks stuff.” I think he really just wanted to give them an out. But nope, they ended up being too stubborn.
@adingdingdiiing worked out for elon musk… or maybe you havent hesrd him talk about when he only had a couple hundred thousand $$$ left and tesla and one of his other companies was going under and he was sitting up at night trying to figure out which compnay to push the money too because whichever one he didnt push it too would die and he compared it too trying to decide which one of your kids to allow to live and which one to allow to die and he couldnt do either so he pushed split the money between both of them and they both ended up surviving
Lmaoo 😂😂😭
it was not dieing but they did’t knew how to do it
Shame
Easy to judge when you’re looking in hindsight.
200k is not a lot of money and is not life changing. It literally just offers a slightly better cushion than what most people have. That’s is the TRUE reality to what they gave up. Keeping the company could have changed their lives, had it all worked out. No risk no reward.
The firefighter dude actually had a good item for a decent price and he actually cared abour saving people not really about seeling his product. Respect!
@Jorge Hernández Yeah you can find more info looking up current day worth, but basically Cuban wanted to license another business to sell the product cheaper and make more money and the owner didn’t want to do that so mark backed out.
@Meme King Really? What a snake.
Seals
Buying a business with a royalty is a joke
Barbara counted the seconds and said “only 8 seconds difference. But if anyone has seen how fast fire can move, those 8 seconds can make all the difference to life and property.
@NBHRaven So tragic.
Government already license their product to all fire fighter in America and do you think a startup company will outmatch it?
Business only care about making money, not life or emotional thing. Environmental and Animal Friendly are also strategies.
And, don’t forget. There is more than just 1 hose to be connected.
8 seconds is a max for a bull ride 🤣🤣🤣
8 seconds is the difference between I finished and we finished 🤣🤣🤣
If her house was on fire and all her childhood memories and her kids memories were up in flames, I think 8 seconds makes all the difference.
I love how even though 3 million dollars is Marks pocket change he still understands that it’s still a huge amount of money and loves to get people excited by making them realize they’re now millionares
@Kyle Vebar 5 billion
@Pf nX mavericks worth 2.2 million bro
@Kyle Vebar bro you live in other planet if you honestly think Mark Cuban only has 3 million net worth ahahah how clueless can you be. He owns Mavericks hello.
“Why can’t you use it for the hose you have at home?”
“Like that one?”
Love that he waited till it was brought up to pull it out of his pocket 😂
@jack J most likely Mark wanted to change the deal because those things exists
@MultiJejje actually he back out due to licensing disagreements and Either Mark or the owner were wanting to make changes to the original deal.
It’s a good psychological move. Because they all had the idea they get so much more invested once he pulls it out.
The way they perked up was hilarious
I feel like this guy calculated everything before Hand and just pretend to be clueless to make the other side of the table fight over his deal. And that exactly what happened. Smart fella
I think Mark is the most logical and humble person , he understands business and emotions while Kevin is just so cold hearted and emotionless.
So Mark Cuban got out of the deal and the company went out of business
@Katanaz well mark is the only multibillionaire there
@shashank BJ he’s the Simon Cowell of shark tank. He brutally honest but sometimes he takes it too far
He do make good content though
@FluffyKoala fixed it for you. I meant to write Kevin my bad
Second company owners were smart & straightforward. Daymond made a good deal, that product will fly for a lot of people around the world.
all these deals didn’t close, just more reality TV nonsense
@TheAdamsFamily if you see the car sales in US, and Canada which is heavily around SUV & Pickup Trucks, it makes sense.
If you got a small car there’s no point but a bigger car yes this product would be great
@J. bc he coulvde got a better deal?
@CommanderRich — What was there to talk about when they both said $3M or around there.
I’m so happy for the 2nd couple, sounded like a really good offer. 3rd dude on the other hand, I feel like he could’ve raked in a lot more
all these deals didn’t close; more reality tV nonsense
He should have at least tried negotiating, because It seems like the sharks liked it a lot, and would have gone higher!
@Alvan No, they took the 3million dollar deal for the 70 year agreement and they are getting 1million dollar every year now from the percentage they give them.
@Goughmi 1 million in Sales? That’s about $180k net profit.
@Goughmi u are kidding right
I can’t imagine how difficult it is to sell something you have poured your heart and emotion into.
Imagine going there thinking your baby’s gonna have a second life but you just ended up giving it away
Family comes first rest just business you win you lose you move on…. its like that toxic relationship the more time the more yoy suffer in all levels
like saying vincent van gogh cant imagine selling a painting he worked hahahaha
At some point you gotta let go when it no longer makes sense
@Poland Man He sold one painting for £16, then killed himself four months later. Imagine if he could have seen how it all turned out in the future 😭
The look on their faces when he pulls the mini version out of his pocket – Priceless. In negotiations and presenting a product, it’s always good to have an Ace up your sleeve.
I love how Kevin said he’s never seen greed like that when he’s the greediest one 😂😂😂
Best Shark Tank Joke, Kevin says “I want a moment of silence for what died in here today”. Dude is a legend.
The disrespect was loud for the first company. I feel bad.
@piratekng you don’t become rich by being mister pushover/nice guy.
But it was a bit true for me. I see it nothing but a sticker so i wont really care if i could reuse it or not and i am to lazy to think about whether to use it again or not and i definitely wont bring it around with me wherever i go. So it was very very expensive for a sticker that i could just throw away, i mean, its just a sticker! Lol, so it was just too expensive man and it doesnt even look that good.
I mean, its a truly awful product. They seem nice, but who really wants those tjings?
It’s the dumbest idea possible
“I can just use this for mavericks stuff” -Mark 😂😂 Mark needs mavs stickers so he just buys the whole company
@π Zuri its dallas mavericks aka an NBA team that mark cuban bought and owns
what does mavericks mean? I’m trying to google this stuff but I’m still confused
@Dr. Roberts why lol
Wonder if both of the sisters are still married.
😂✍️ biggest flex
Regarding HyConn, Cuban was diligent enough to notice that the guy had already pitched to sell his patent to a distributor. Hence, he already had the intent to sell 100% of his company for the right price. Kevin didn’t pick up on that.
No Cuban wanted to sell the patent and the firefighter didn’t like the idea of licensing it out so they went separate ways
18:40 such nice people, really glad for them
26:04 one of the most badass moments on any TV show, shark related or not. Love how it’s two firefighters that had the ingenuity behind these
I was really excited for the last guy until I Google to see how successful he is now. Come to find out that mark pulled out of his transaction and wanted to change the terms of the agreement when it came down to raising the money. Stroope didn’t like the things he was trying to change ( including mark wanting to license the product instead of going into the manufacturing company). So they eventually split ways. Eventually in 2016 he stops selling the product and goes out of business.
@David Miller there are some good articles for behind the scenes for the show. for example, the negotiation part that they show on tv is usually much longer and edited for tv time. and the big one is due diligence they so after the show. like with any investment, they review their books and negotiate some more. anything fishy and anyone can pull out.
Damn
Damnnnn nooo
Man, that sucks.
@Bryan Seah Bingo. These guys start to see the orders after the show and get greedy.
Sadly, when all was said and done, not one of these deals went through. ABC needs an “After The Tank” interview show where both the Entrepreneurs and Sharks react to the episode, explain their rationale behind the deal, and fill us in on what happened or didn’t happen after it aired.
@Kevin Hernandez You know what’s reporter and journalist doing right? That’s when we got the news on Google.
@PK Tate so that mean the two creator didn’t get 3 millions from Daymond?
I can buy the second deal one. The stepping thing, which I now want. Then looked at the price and no longer want.
The deals on sharktank are probably rarely final. Deals take a bit more than hey yea we’ll do that. Guessing the 2nd one wanted to go a safer route.
The first one was bound to fail.
Nah only 1 of them didn’t went through which is the first one.
its bc its all fake lmao. its just for show and just for shark tank to get viewers
Shows that he’s 100% genuine about saving lives, he didn’t even care if the garden hose one got any attention. Or he’s a genius and knew they’d think of the garden hose application on there own.
Their*
Or both
“you mean this”
And Mark called out the deal close from public. That Hycoon should be not included on this video.
Ps : before you say what, a little typing on Google won’t waste lot of time. Also i know it’s investor’s right to do that.
Yeah he didn’t think about anything to do with the garden hose part. Only he wanted a minimum of 7.5 percent royalities and chose to sell the whole business. I’d have done the same I’m just saying. He knew lol!