Low-Balling Gets Out Of Hand As Naomi's Offer Sparks a Fight | Shark Tank AUS
ฝัง
- เผยแพร่เมื่อ 17 ธ.ค. 2019
- Founders Marlies and Jai Hobbs entered the Tank asking the sharks for $750,000 for a 10% stake in the business 'Paleo Cafe', but if we've learnt anything from Shark Tank, it's that a Shark would NEVER take such a deal... 🦈💰🥗
Company Website: www.paleo-cafe.com.au/
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: amzn.to/2ZJBbyf
Shark Tank US Products Collection: amzn.to/3bMNjmI
#SharkTank #PaleoCafe #LowBalled - บันเทิง
It's a misleading title and for that reason I'm OUT
🤣🤣🤣and so am i
Im out ..through the 9th story window
Actually these sharks are so polite to each other that was a fight! Haha
lol yeah.. I think thy meant to say Janine, not Naomi. Also, one snipe from Steve is hardly a fight, that's just a regular Tuesday.
Misleading titles draw people to the video which in turn increases the owner's level of monetization. Shame on you, and I am also out with a middle finger.
All Janine does is wait for people to bow out, then take advantage of them because they have no other offer. Absolute vampire
she is the low ball queen, I bet she demoralises some of these owners as she takes too much. Its a tactic that backfires if you humiliate them with a very high percentage, they dont have the slice to keep them motivated.
She's hot tho 🔥
@@zakattack467 she probably was about 15 years ago, not now though. Her strict diet has shredded her of a feminine form
@@lukebignell7846 I've got a diet for her. Eggplant and cheerios
shes a business woman not a salvation army volunteer mate. no one makes it big in the business world unless youre ruthless....fact.
Even in a video with a title saying Naomi makes an offer, she still doesn't make an offer.
Why do people keep saying this? What am I missing? I found the channel a few days ago and have seen about 40 pitches and so far Naomi has invested the MOST, more than anyone else. Am I just seeing those for some reason? It seems that Glenn is the one that never invests.
Well that’s why it’s called the Shark Tank. Because the videos are full of some type of BAIT!
Yup.... and the other lady even had a red dress on
@@SuperDan1006 lol, nice
@@ross-carlson so first of all, and I'm just mentioning this because you started watching these videos recently and might not remember names, but naomi is NOT the one who made an offer in this video. Naomi is the other female shark. I think the reason people are saying that, is because she usually says "I really like you..., but for that reason I'm out". Also from what I've seen (been watching these for a couple of weeks), she barely does offers.
Love Steve he’s so honest and blunt against Janines lowball offer 😂
A great price for her . Should have sold a restaurant franchise
I actually don't have any money, for that reason I'M OUT
- Naomi
Naomi:YOU wore a red dress so I'm out 😅
@@wioi looks like you know your business- "I am out"
When actual Naomi said she was out I was so confused after reading the title 😂. Bloody hell Shark Tank, you had one job 😂
Yeah, I was expecting her to make a new offer at some point. Then again I dont think she ever offers more than 10k lmao
It just wasn't an investment for her
fr what a stupid title
I love everything about your business, and for that reason, I'm out.
Naomi in one sentence
I have hardly seen 1 or 2 deals from Naomi from the whole show...🙊
@Jeremy sharks are actually super cute and peaceful creature :)
But they are dangerous
Naomi just married rich it seems she has no interest in investing in anything
Jenny 2.0
"Highest we'll go is 30%"
"Our counteroffer is 25%"
"Would you take 35%?"
Dafuq? :D
Hahahahahaha
I can't help but think she meant to say 30% but had 25 in her mind and accidentally spit out 35% and then was like oh fuck what did I just say.
Dale I was laughing so hard
has a super quick talk about life changing issue in front of camera, throws around a number
offers a bit less to negociate to 30
gets literally told: Im not moving
smartly propose a rounded number just below to get a free 3%
learn to read situations ffs
She just wanted to be the majority share holder so if they were to ever split up or something and the shares get split in 3 ways she has 35 and they have 32.5. Boom she wins in the end they fucked up
“I’m the only one who wears red dresses on this show for that reason I’m out” 😂
Lol
She isnt a big investor at ALLL
🤦😂 Yes thats what I thought she was thinking too 😂
She can afford only 1 red dress. For that reason, we kick her out
Yolo😎😇
I ADORE their humility. There is no better answer about the year-over-year loss than "We think we made X mistakes, we've done Y about seeking additional help for it" like they stated. They seem lovely to work with.
They should've said 33 1/3% to make them equal partners
@Steph Daigle Except it does. Most major board decision need an absolute majority. Having an exact third means you can veto everything, which makes you an equal partner.
Silly Mohammed sharks don't know math
@@Dark-Lotus they know that 33 1/3% is 100% split 3 ways. Anyone who doesnt, wouldnt own a successful business lol. The entrepreneurs were stupid not to ask for 33 1/3% though.
You are a mathematical genius
Janine’s manipulative power is immense. She’s a powerful businesswomen
To everyone asking on every video - they wear the same outfits so that they can mix and match every taped pitch to make the episode balance. Same as the voice.
these guys offer so much promise and time to every entrepreneurs , i just wonder do they really delivered on that.
They said processed foods were bad...... then started a cafe with good fresh food.....
*but then what they do, they want to start mass producing them from a manufacturer with 35 day shelflife...like wtf... u are in the end finally making processed food and not necessarily fresh food*
EXACTLY. They very quickly gave up on the pro health message so they could make millions. We need real food revolution, not another company trying to sound healthy when in fact they're producing food with the same problematic ingredients - notably PRESERVATIVES. I wonder if she'd eat her own "extended shelf life" food regularly and see if she doesn't start having IBS and acne again...
Mahesh Katwal damn you nailed it 😂
That's why healthy food costs so much. Big reason we are all so fat
This kind of business doesn’t scale.
Mahesh Katwal I thought they would use the money to higher more chefs
after feeling healthier when we ate proper food, we want $750k
Lol
That's about it
Paleo Cafe in Cairns, Australia went bust a couple of years ago. After their prices tripled, their sales dwindled. They were already very expensive beforehand, but the price hike was the downfall. They were also notorious for throwing out potential customers - mostly locals and people with disabilities.
I briefly worked for paleo cafe in Adelaide and it was by far the worst kitchen I have ever worked in. Cult like behaviour & im still traumatised from making their eggs benedict. One loaf of toast (6x serves) had 40 eggs.. FORTY.. topped with two poached eggs, ham and hollandaise sauce. I remember eating this once on my break after having a protein shake and bullet coffee and my boss had to call an ambulance and send me to hospital because I was having severe heart pulpitations from the amount of protein my boss pushed on me to consume in a day (I worked out a lot too) my doctor advised me to stay away from this diet ahah.. it closed down two months later & I happily eat carbs now
@@ellebentley1428 hah whoah
@ellebentley1428 glad you made it okay, 40 eggs for 6 servings of toast is disguting lol.
Carbs are amazing too
I love that on AU Shark Tank the sharks let the folks have a moment to talk about the offer. On the US version they’re told so often “if you walk out that door the offer may be gone when you come back in”. The sharks also tend to get up and all shake hands with the entrepreneurs even if they made a deal or not. On US they just sit there and say “see ya”
In the US they actually bring value to the table. Literally every person that goes to shark tank USA and makes a deal becomes millionaire. There are many on the Australian show that even go bankrupt
Why are these comparisons on every video? Of course it's different, it's from two different countries.
@@VitorHugoPI don’t think you know what literally means or what actually happens on Shark Tank USA, because you couldn’t be more wrong
Countless businesses that made deals on Shark Tank USA have not only not made anyone a millionaire but also completely failed.
"I would love to sell some paleo gift boxes through my business... but I'm out."
WHAT?
shes out in terms of equity and loans. sometimes she'll still help retail their products, but they don't use this show for those kind of deals.
Yes, that was nuts.
Sometimes shark offer mentoring assistance or give them contacts without investing. It's a great thing for the entrepreneur since it's free help.
I like Steve, he is straight forward and he is just an honest person... i think!
Nah, he’s way too emotional for my taste.
He’s got some sort of a hormone issue.
Steve's a bloody legend
Where are you from?
The franchise no longer exists - “After an attempt to raise capital for growth on Shark Tank Season 2 ultimately fell through in due diligence, we decided that we wouldn't continue to grow the brand and therefore agreement was reached to release franchisees early from their agreements so they could continue to operate under their own individual brands.”
An00bisY00tubis
Hardly surprising. How do you franchise “make a salad with some beef”?
This is where nut-jobs like this just don't get it! Marketers are brilliant at coming up with incredible "slogan" words that the public loves! HD was one! Everything on late-night 30 minute ads became High Definition! Paleo is just as stupid! Chefs cook plant/animal substances, period! Gordon Ramsay has no problem making 100's of incredible vegetarian meals(I refuse to use the word Vegan, as people who call themselves Vegans usually have a REAL arrogant attitude for some odd reason), he just isn't into doing that as part of his style!
People who think they're really clever get burned a lot! Like idiots who make "non-dairy" ice cream! No such thing! May be a great product, but ice cream has animal "cream" in it, period!!!!!!! But people like to use pea-based substitutes, and call it ice cream!Just more idiots!! I just eat food that I like, and I like most things, plant and animal! Average human omnivore eats about 25% meat, and the rest is veggie stuff!
bitterman co that is very much an opinionated statement. Facts are all over the place. Facts supporting plant based, carnivore diets, keto, etc. Nobody knows the truth
@@5copper5 'vegan' and 'vegetarian' are two different things. Vegetarian means there's no meat, vegan means there's no animal products whatsoever. No egg, no dairy, nothing.
@bitterman co yes, because whole complete protein is terrible.
I ABSOLUTLEY love your branding LOVE your positioning I would LOVE to produce a range of paleo gift boxes for you and I would love to promote it through my customer base :D …… its just not and investment for me...……………………………… logic.
She meants she doesnt want to fund their business, but she would be open to a small one promotion collaboration where she would get a percentage of the sales she helped make. It's an a lot less of a commitment and an a lot less of a risk for her
@@muradelmissalati8150 ah ty for your nice helpful reply lol for real.. just the way she said it really confused me.
@@jasonbennett1667 yeah it took me a minute to figure it out too
I didn’t figure it out either lol thanks
Jason Bennett lol i had to rewind the video to check if I missed her point, but no
Andrew always steps in, to explain the benefits to entrepreneurs. 👍
Janine Allis always offers an unfavourable deal, and I'm glad that Steve Baxter called her out it. Ultimately, that as an investor shows that you are purely in it for the capital (i.e. greed), rather than believing in the idea or the people behind it.
her name is Janine smh.. also where's the fight
Yeah the title is wrong.
Coming up with clickbait is a hard job, you can't expect them to also remember 5 names!
Yeah they should've countered 33 1/3% to make them equal partners. Janine is now the majority partner
Why did you steal my profile picture eh?
Grim CS You actually replied to his comment which he commented before yours. So from what I’ve seen, it’s more likely that you stole his profile picture than him stealing yours. 💀
So from fresh natural food we move to 30 day shelf life. It is one or the other.
If you feel heavy footed walking outside tank you were pushed to a deal
I was waiting for the fight that Naomi sparked, and for that reason, im out.
6:13 this part shows the whole emotion I've felt during the whole 13mins of this video. Fantastic work, wow.
I love how the sharks walk up to congratulate the entreprenuers, win or lose.
Janine is a smart woman, she didn’t throw the numbers out of a bag, in eyes of business the husband and wife duo stand as separate entities and would have 31% each after she gets 38%. She agreed to 35% only because she will still hold more than them individually, which will now be 32.5%
Naomi, Jenny and Barbara should have a special where they are the only possible investors and see who can go out the best.
Steve hates this kind of stuff. He nearly rolled his eyes during their pitch. 🤣🤣🤣
Improvement in health has nothing to do with paleo. The fact is that avoiding problematic food additives will improve symptoms of inflammation from acne to IBS, headaches and more. BUT once you process "paleo" foods by bottling it, extend its shelf-life using preservatives etc, you're back to producing food with additives just like every other restaurant. It's not pro health anymore.
"I feel my valuation is fair because I bring a wealth of experience and you know I have what it takes to make this a multi million dollar business". Ahhh sooo Mrs Miyagi, 40% of the business equates to the magical experience to grow our already multi million dollar business to a multi million dollar business. Wax on Wax off my friend
Fam their franchise nolonger exists she didn't bring anything into the table
"Or they go with Janine, take the equity and the smarts, and they'll get to a destination faster"
yeah, DESTINATION FUCKED
Naomi's offer??
Fight??
Talk about clickbait and that's coming from SHARK TANK AUSTRALIA
Pathetic and sad that you have to mislead people into that
Crook
Boo hoo hoo. Cry me a river. I feel so violated after watching a video that didn't match its description... Boo hoo hoo. Sob sob sob.
Locutus 😂😂😂
Spot on
ok, let's recap:
The title was clickbait.
What do you need to catch a shark? Bait.
I clicked this video because of the title.
So, does that make me a shark?
I like how Andrew orders what to do: "Go and have a moment" 🤣
My favorite part is when the narrator is talking and it’s just clips of everyone smiling and nodding
“I love the idea. I’d love to do business with you, for that reason I’m out” 🤔🤔🤔
This shark tank is a joke.
Janine is a powerful negotiator.
She did not flinch. Much respect.
Powerful negotiator or greedy?
Praveen Ranjit both
Praveen Ranjit I wouldn’t say greedy. It’s a win win for both parties. The business now has the money and backing to reach new heights and grow much faster, they would have struggled to maintain the business as it was actually down on last year by 9%. Janine just breathed new life into their business and it was a great outcome.
She's a bottom feeder and keeps claiming she brings so much, yet has to ask for ridiculous terms everytime that would stifle any business
Janines so slimey
I don't really know what she does, but it seems like she always says that. She basically said her time as mentor is worth 10+% of their business which seems pretty crazy.
I hate her greedy guts
I want to Janine in Undercover Boss working in all these investments
bro the bars she was spitting at 12:47
Underrated comment
These sharks are much more patient than the ones in the U.S.
Another “me too” paleo diet company looking to profit on a trend that will be dead in 2 years. There are plenty of ways to eat healthy, natural foods without having to cal it “paleo” or jumping on that bandwagon.
such a bad negotiator, offer 25% no deal, let's go straight to 35% lol
There's also a thing called editing. They might of asked for 30% but they edited it out. This 13 minute video is a short version of what actually happens which sometimes is hours.
It's very hard to negotiate if only one shark making an offer.
Either way they kinda gave up control of their company.
A WILD BARBARA APPEARS! "I'm out" *whisks away*
Paleo Cafe is my favourite place to have brunch. Food is impeccable in both presentation & flavour.
Lmao. Sure.... There closed 😅🤦♀️ What a damn lie...
@@wioi as soon as I heard Pete Evans name mentioned , my bet was this company wouldn't be trading any longer. It's a shame they got caught up with an loony toon like him.
@@wioi you idiot! They changed their name but essentially it’s the same food, staff, owner as it was T/A Paleo Cafe.
The title low-balled all its viewers.
WHAT A TWIST!
Legend says the viewer are still waiting for when Naomi's offer spark a fight.
I am curious how do these sharks manage so many businesses and teams at one time. It really hard to coach even a single business team at times. Are they active or silent investors ?
They come off as active on the show, but I think maybe their own teams facilitate the deals
I would just assume immediately that if Janine made an offer, I would say no. Such a greedy low-baller.
I think she was the perfect investor for this though and she knew it
38% forget it.
Probably counter with a claw back of 38% to put it politely.
You are free to offer them them less equity for 750,000
John, the Revelator they are definitely this way.
If I had a chance to put my business in front of these people, I’d take whatever offer they’d give me... because having one of them on board would give my business such a leg up and have it so set up for success that I know in the long run, I would do way better.
People walking in with these huge valuations on businesses worth a fraction of what they say, forcing the dragon to take more equity to make the deal worthwhile, are morons... especially when you see this happen over and over, and how the dragons react positively to someone undervaluing their business (cushion lady for example).
People squander and waste this opportunity over and over, which is worse when they have the opportunity to watch the show and see what tactics fail and which succeed and don’t take and of that information into account.
Their valuation was fucking insane. On what planet is a piece of steak and a salad worth 7.5m?
Easily replicated, with nothing to protect the business.
Never.
“I can your business to a multimillion dollar business”
Bruh it’s already a multimillion dollar business
"i can your business"
bruhwhat
Well... it was a multi million dollar business, until she gave a lowball offer which reduced the evaluation value of the business down around 75%. Right after her offer it got reduced to an aprox 2 million dollar company;) (on paper).
So now she will have to fix her devaluation of the company;)
Joke aside.... she does give horrible lowball offers.
But a real investor can add alot more then just money of value to a business.
But i dont support this businness. Because their plan was to convert into a scam with 35 day shelf life products.
Obviously not going to be healthy anymore with such visions.
you are asking money, and for that reason I'M OUT
what fight was sparked here? LOL the title.
Naomi: " I think you have a great product and I absolutely would love to work with you and put your product thru my gifting business and for those reasons I'm out!"
Why would she dress like one of them as if it’s Halloween?
She didn't 'dress like one of them' it's a basic red dress.
@@Pennsyltucky84 Yeah ok buddy, lol look at her whole outfit, it's a mirror image.
“I would like to invest in your business but the way my bank account is setup... anyways I won’t have the money for 3 days and for that reason I’m out”
-Naomi
These sharks get a full meal every episode I swear I want to be a shark I’d be there for just the food and not invest like Glenn lolol
Janine's checkin out this dude the whole time 😂🤣😍
Can you all imagine how many business Janine has. Cuz almost all pitches she makes an offer. And think of it, she almost all the time gets it.
I’d like to see Mark Cuban come in as a guest shark here. Imagine what’d happen.
Naomi is Australia’s version of Barbara - she is always out unless she offers a real lowball deal ....
Have u guys ever realized that the shark who look the most interested is out. 😂
They both have the most alluring eye's......
We're missing some numbers. For head office, a net profit of 300k / turnover of 875k = 34% profit. At 13.5 million group turnover. the net profit should be around 4.6 million. 750k ask would amount to 16% equity. So, to see where Jeanine got 38%, we would need to know how much they are charging their franchisees per year, as the valuation is obviously not based on the net profit their franchisees are getting.
Naomi always screams when everyone else than her gets a deal 😂😂 like ahhhhhhhouuuuu
I think they mean "I'm don't have that money so I'm out"
Pete Evens 😄🤣🤣 how did that work out
Anyone who says "brand ambassador" should be slapped into 3021.
I had hoped that they would have come back in the tank and offered something along the lines of 650K for 25% with a $100,000 line of credit (or something along the lines). I agree that their value was high, but to be in the food service and have "No debt" is astonishing! I've never heard that in the better half of a decade in food service and that should speak volumes about the work ethic of the people you're investing into 🤔
Also I love the AUS version SO much more!!
" Clickbait is on point so for that reason I'm out"😂
Janine reminds me of Momo with that smile.
"highest we go is 30%" goes back in and asks for 25.... if he asked for 30 it was more likely she might have budged, what a mess up man.
A shark tank Australia trend I am noticing ep is “your valuation is high I want 40%”
I forget to wear my mask when robbing the entrepreneurs so for that reason I am out.
the title correction should be
Low-Balling Gets Out Of Hand As Janine's Offer Sparks a Fight
Enjoyed that one
There can be only one of us who can wear a red dress, and for that reason I’m out
High Lander prom edition
😂 i was looking for a comment like this one!
@@melushcca yup
I want to see projects that are backed by the Sharks. What they have achieved.
Oh god the Barbara jokes have made it to AUS with Naomi lmao 😆
Paleo Cafe is rebranded now.
I was waiting for so long for Naomis offer.
There's one shark, a lady, who always think of providing practical offer that benefit both side of the deal. Part of that calculation are probably several risk including decision not only on capability to manage the product but the financial aspect too that on the early stage of promotion, success is still unknown if it's going to be a hit in a market or not. Positioning yourself on a 30-40% deal doesn't guarantee you a winner too. She probably lost millions after several product failures from previous deals between 5-25%. It's about how the shark involve their expertise and share the chunk of their wisdom to a successful candidate while the major shareholder do majority of hardwork especially management and maintaining financial cash flow for the business. Looking at how majority of entrepreneur fails to meet the expectation vs a small fraction of individual who successfully made it were all proven products with several years of experience and already a success story even before they pitch their business with the sharks.
When a shark who dominates the space but pushed himself on a product that relies it's strength on logistics and retail marketing is sure to get a challenging job to retain the operation or end the story with success.
But the most flexible shark is the one who handles marketing. He can always find a way to bridge the product to a successful business model but unfortunately he engage himself lesser than the other on brands he should've taken.
In US, a one size fits all reversable jacket that only produces for a dollar but sells at $9 were a big hit and sells more than $10M in just a few years span.
The secret? Right product and right choice of shark who handles the space and commercial marketing.
I want to see more of these in Australian Edition.
Steve is definitely an idealistic but cautious shark. I thought he's the smartest and speaks with sense. But not logically right always on his opinion.
Just saying.
This show is counterintuitive, With so many investments they have got to only have 1% of their time to devote to a Business!
Steve is the best.
Wish all the best to that man. It's only about the money for him.He has character.
Avoid process foods? So you want to your business to be so big most of it will be processed.
8:6 Everyone is nodding his/her heads
These guys are much affable when compared to Dragons' Den and Shark tank US.
My only problem with these videos is the editing.
When the dude is talking and Janine is writing something in her book, i dont want her to see the next second smiling and looking towards the dude. I never know if these shots of the sharks are actually shots of that moment or just whatever they used from their collection.
reference: 5:55 - 6:18 just watch janine throughout this segment and how that adds up
(and that's just one example)
Ruan Moleman I notice it too
Major continuity issues... especially the guys with their glasses.
It is very distracting
The original show, as aired on TV, probably had a commercial break at that moment: you can notice the narrator dropping a 'cliffhanger' moment, and then it immediately does a quick recap of what's been happening, so there was probably a commercial in between originally.
the editing is all over the place compared to what actually unfolds.....its for the dramatic effect.
Pete Evans..... this aged well
Love how you cant even get the title right🤣
They say they value the Sharks, but place unreasonable asks for money. If they ask for 1-300,000 less up front and get a deal, they will more than exponentially make that in business growth.
You can't value your business today for what it might do next year.
Anyone else noticed Janine holding on and rubbing his arm after the hug and kiss at the end?
I clicked this to finally see Naomi make an offer on this show and have been disappointed
Who is the composer of the score? It's so great.
she should have asked for 33%
all you needed was one moe shark to give you an offer and you wouldn't of got ripped off...
9:51 eyeing down the camera haaaaaaaard
Naomi: I love this all so much
Also Naomi: I'm out