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Post by mexicanjunior on Aug 10, 2009 7:47:31 GMT -6
Anyone else catch the first episode of this show last night? I thought it was really good and it sold me on a season pass. It's basically people with a small business or a cool idea going in front of these 6 millionaires and asking them for money in return for a percentage of their company. I think what I really enjoyed about it was the millionaires basically telling them what is right or wrong about their presentation. Also, I liked that the business owners were forced on the spot to make decisions on how much of their company they wanted to give up in exchange for money. It was interesting stuff. First ep is here... www.hulu.com/watch/88498/shark-tank-series-premiere |
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Post by bigdave on Aug 10, 2009 12:33:55 GMT -6
Just got done watching the show, loved it. They have the same show on BBC America called Dragon's Den. I love this idea love the passion some of the people bring to the table.
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Post by mexicanjunior on Aug 10, 2009 13:14:40 GMT -6
Just got done watching the show, loved it. They have the same show on BBC America called Dragon's Den. I love this idea love the passion some of the people bring to the table. I was onboard with the guy's idea of surgically implanting bluethooth devices into people's ears and having to charge them with a spike thru the head at night. The black guy should have forked over the cash... |
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Post by bigdave on Aug 10, 2009 13:48:31 GMT -6
Yeah the black guy very disappointing, he didn't buy into the bean pie either, WTF???
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Post by mexicanjunior on Aug 17, 2009 7:48:02 GMT -6
Great episode last night, I was really onboard with all the sharks undercutting each other for a piece of the Lifebelt and the Shakespeare CD's. Roger is greatness, he is always cutting side deals and looking for ways to screw over the other ones. The Lifebelt guy probably made the right move not selling his patent, he could make alot more money selling direct to dealerships... The Shakespeare guy may have been better off selling 51% of his company for 250K to Roger alone than having to deal with all 5 of the sharks....The chick with the sticky board for post it notes was ridiculous.
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Post by Sideshow Bob on Aug 17, 2009 12:30:28 GMT -6
OUT
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Post by mexicanjunior on Aug 17, 2009 12:32:02 GMT -6
Dangit dude, this show should be right up your alley! Give it a try at least... |
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Post by Sideshow Bob on Aug 17, 2009 12:39:59 GMT -6
only if you agree to watch it's always sunny in philadelphia when it starts in september
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Post by mexicanjunior on Aug 17, 2009 12:43:02 GMT -6
only if you agree to watch it's always sunny in philadelphia when it starts in september I'll at least give it a try and watch an ep or 2... |
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Post by matt51180 on Aug 17, 2009 13:05:12 GMT -6
only if you agree to watch it's always sunny in philadelphia when it starts in september I'll at least give it a try and watch an ep or 2... I'm pretty high on that show after seeing some clips that a friend sent me. Pretty funny stuff. |
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Post by bigdave on Aug 17, 2009 13:32:03 GMT -6
Great episode last night, I was really onboard with all the sharks undercutting each other for a piece of the Lifebelt and the Shakespeare CD's. Roger is greatness, he is always cutting side deals and looking for ways to screw over the other ones. The Lifebelt guy probably made the right move not selling his patent, he could make alot more money selling direct to dealerships... The Shakespeare guy may have been better off selling 51% of his company for 250K to Roger alone than having to deal with all 5 of the sharks....The chick with the sticky board for post it notes was ridiculous. 51% means he has no say in the company, 50% means he only has to change the mind of one person or get 1% more for a majority interest. |
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Post by mexicanjunior on Aug 17, 2009 13:38:31 GMT -6
Great episode last night, I was really onboard with all the sharks undercutting each other for a piece of the Lifebelt and the Shakespeare CD's. Roger is greatness, he is always cutting side deals and looking for ways to screw over the other ones. The Lifebelt guy probably made the right move not selling his patent, he could make alot more money selling direct to dealerships... The Shakespeare guy may have been better off selling 51% of his company for 250K to Roger alone than having to deal with all 5 of the sharks....The chick with the sticky board for post it notes was ridiculous. 51% means he has no say in the company, 50% means he only has to change the mind of one person or get 1% more for a majority interest. The offer he accepted with the 5 sharks was to give up 100% of his company but get 5% royalties and an option to buy back 49% of equity into the company. He was losing control of the company with either deal, the difference was he got royalties on the deal he took. |
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Post by bigdave on Aug 17, 2009 16:31:28 GMT -6
The Royalties was genies. I am telling I thought the deal was good.
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Post by mexicanjunior on Aug 24, 2009 7:25:14 GMT -6
Another awesome episode, I especially liked the "folding guitar" and "stress free kid" ideas. The lady with the "turbobaster" was an idiot, I was shocked the sharks were willing to help her out. Every answer to anything financial was "I don't know". The infomercial guy is going to end up really helping her out but I really don't think there is a huge market for that thing, especially at 19.99 a piece...
The folding guitar guy should have taken Kevin's deal, I could see it being branded by some famous guitar player and sold on late commercials. He probably would have made a ton of money...
The "stress free kid" lady I thought almost screwed herself out of a good deal and they probably gave her alot more than they should have. She had only sold 30,000 units and made like 50,000 profit, no way the company was worth what she was asking.
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Post by bigdave on Aug 24, 2009 15:41:04 GMT -6
Turbobaster will make some money, would bet they sell 1,000,000 units. That is a huge gain. The folding guitar guy should have just sold the company, asked for 750,000 for an outright sell.
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