The Sharks Question If Mothers Really Need Milkify | Shark Tank US | Shark Tank Global
ฝัง
- เผยแพร่เมื่อ 20 ธ.ค. 2023
- Dr Berkley Luck & Pedro Silva are seeking $400k for 10% of their business Milkify, a service that helps mothers freeze dry breast milk to last longer.
From Season 14 Episode 20
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The Sharks Question If Mothers Really Need Milkify | Shark Tank US | Shark Tank Global
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can we appreciate the husband !! he's a great negotiator
They make a great team. Really compliment each other.
@@orlandorodriguez7235 totally 👍🏼
guy was solid
He's wife is gorgeous..
@@PAVEL--JAKL until it rains
for 400$/month you can buy a new freezer every time you run out of space 😂
But then you'd need even more space to store those freezers...
Expensive, complicated, problematic if breast milk does not arrive at exact temperature specifications or if freeze-dried breast milk is reconstituted incorrectly. No one needs to store breast milk for three years. Freezing your own breast milk is inexpensive, convenient and practical and has been done for decades with minimal complaints.
So evaporated milk...
Well they had 500k sales, so someone wants it. You don't thats fine done buy it and stfu crying on comments.
I think I agree with you on this. It is something that probably the very rich people use. But I was also surprised to hear that a lot of the customer base is middle and poor income families.
I think Mark was right. It is good, but there isn't much of a need for it. It's just a thing that probably rich people would use cause they are very busy.
Also, I think it's much faster to feed the baby from the source or use formula or pump it and store it in refrigeration for a few days and use it, than pump it, mail the milk to them and wait for a few days for it to return back and then start feeding your baby.
If the parents want to continue giving breast milk after the children are older, then I can see having it for three years.
Best chat ever
I can see this evolving into something else, for example mothers selling their breast milk to make money
BM on consignment
True milk money 💰
I bet there are only-fans models already offering that service
Tata for now!
yeah, I know mother who doesn't have milk and don't want to use formular. This should be the solution for someone who has excess milk and someone who want to find other mother's milk
Paltrow is just wasting a seat
She’s hatching a jade egg.
7:05 Paltrow had no clue what he was saying on the debt deal lol.
for once lori isn't the dumbest blonde on the show
None of them are dumb. They have you following, watching
I’m surprised we don’t see more convertible note deals on the show
What are convertible note deals
@@ayeshafaisalmalik7698 A convertible note is a debt instrument often used by angel or seed investors looking to fund an early-stage startup that has not been valued explicitly. After more information becomes available to establish a reasonable value for the company, convertible note investors can convert the note into equity. Investors have the option to exchange their notes for a predetermined number of shares in the issuing company
@@ayeshafaisalmalik7698 you get your money back if you arent happy with the product
@@ayeshafaisalmalik7698there is something called “Google” you should check it out 👍🏻
@@ayeshafaisalmalik7698 it was in the video
The main challenge with this service is the added cost and work.
I just had a baby, so I am going to get this kit, start pumping, put into the containers, go to the postal service and send it back, then wait for it to return? When I can just feed my baby while doing all those work?
Not to mention, breast milk is...FREE. I also do not believe it retains "all" the nutrients, also all the anti-bodies. I would really like to see actual research data.
Congratulations on your new bundle of joy 😂 I can't see why ....even if it's storage space....a small freezer doesn't equal half of the cost of the service...I also agree with you that modifying the milk to a powder would keep its full nutrients
@@lisam8044 Oh sorry, that was a hypothetical situation lol
@houchi69 oops haha yes I figured that's what you meant, my message came out wrong...all the best and happy holidays
Having a baby makes you a mom. But... asking to see the actual research data, makes you a Super Mom!
@@houchi69well still congratulations on your hypothetical baby! Is it a hypothetical boy or girl?
It's not a terrible idea. And they're very well spoken and answer any questions appropriately. I'm not a parent but I can only assume that this would actually help mothers out. Fathers too, especially in an economy where both parents have to work just to get by. Mom could leave a supply of milk at home with dad and baby. And employers are paying for the service? That's a win
Then what are you waiting for. Make a baby
A breast pump isn’t that expensive and would already need to be utilized, this is just a layer on top of that. It’s not for everyone but at $400 a month, if you plan for it, it’s not breaking the bank. Certainly will be a big market I’m sure.
Fathers at home? That is what many fathers do in a number of European countries. In Norway parents are paid 1 year for staying home. Dads has to at least take 3 months.
No issue with dads being at home. Pump and dump the milk in the fridge. You don’t need the service then. Could be useful in other situations though
Freezing works and is a lot easier and small freezers are cheap if you need more freezer space
The deal isn't complete, if Mark doesnt say congratulations guys😂😂
Just in time for dinner.
Not Milkify. Haaaa
Lol! Are you pouring it in a bowl, followed by cereal? 🤣😂
Lmao *breakfast
Hopefully you can eat a meal in 10min flat !
Its barely 10am bruh
Barbara: I have to get back to the bridge so I'm out, Beam me up Scotty!
Probably the best negotiator i have seen in the show.
Feels like both didn't want to do the deal but were pressured by some unknown factor. They weren't passionate. That's for sure
Lori definitely didn’t, I think gwenith didn’t fully realise the deal. I’m sure the deal fell through after the show
Oh now this is interesting. 😮😮😮😮😮😮😮😮😮. So looking back I still can’t tell but could you indicate loris body language signals that was showing she actually had no interest. This is fascinating
Emotions dont exist in business they do it for the money
You can already buy a breast pump and have your milk on the go at a FRACTION of their price...for posh moms indeed!
You clearly weren't listening huh? 60% of their customers are middle to low income earners.
no one really knows that to be true.@@neothabethe8472
@@neothabethe8472 yeah right...they said that AFTER it was pointed out only mom's with money would fork out 500 dollars a month!!!
It's for posh moms!
@@Jammin-thru-Lifefalse. I’m middle class and bought from them. It’s not posh moms. This is a practical want from a mother. Being able to travel with breastmilk easier and have a stash that lasts 3 years (not 6 months like normally frozen breastmilk) is a huge game changer.
They should just create and sell the mini kitchen appliances needed to turn the liquid into powdered breast milk
I completely agree.
The smallest home freeze dryer is from Harvest Right and costs about 4k$
@@Shrampion wow, thats expensive. Can't we use regular food dehydrator?
@@Shrampionwrong
Why are people so grossed out by this? 😂 Ya’ll realize animal milk and cheese is no different
Human meat is also no different from animal meat.
I'm guessing breastmilk isn't vegan...
Great answer lol
Honestly what a GENUIS idea I would love this!! Hopefully it becomes less expensive
What mother busts out 3 years worth of milk in one go?
gwyneth the milkmaid apparently
dumb
They didnt even claim that
There’s also plenty of studies that show the physical touch of an infant feeding on the breast has its own benefits apart from the milk. A dry milk powder is really niche for emergency situations where the mom is truly traveling for a business trip or something and she does not have a partner to feed the baby with refrigerated mother’s milk or something. Like she has to be a single mom, who cannot take her infant with her or can be breast feeding is too inconvenient to fit in, and going on a long trip where refrigerated/frozen milk is not an option.
This excludes infants who cannot physically go to the breast for one reason or another. Many women exclusively pump for medically necessary reasons. I'm very grateful I was able to send 350oz of my excess milk to Milkify so that when my son comes home from the NICU I can add the powder in measured amounts to freshly expressed milk, because he will need additional calories in his milk but does not tolerate cow's milk fortifiers very well. I think this can be a really good option for moms who accumulated a stash while their baby was in the NICU but are able to feed at the breast eventually - it gives them a stable storage option for their milk that they may not use within the 6 month freezer guidelines. Donating is often a good option too, but I personally can't because of medications I'm taking.
Imagine if you have twins, triplets, etc! This would be such a blessing!
Truth!
The shipping would be a big pain for many. Would be great if they come up with a device where it could be dried at home
They should team up with the people who eat their placenta...
That kinda spoilt lunch time.
Gwyneth saying the "TAM" acronym is so cringeworthy lmao.
yep, she's soooo smart:)
She’s a business woman 😏😏
A half million in sales this year projected and he put an 8x valuation at 4 million?! haha
I used Milkify!! 350oz was around $500. I already have a HUGE stash for my SECOND baby before they are already born! The three year shelf life is a GAME CHANGER for breastfed mothers!!
I met both of them and they’re so nice and kind. Very professional. I will use them in the future!!
Wait , he just said “ there’s 2 million moms “ that are freezing breast milk, that’s nothing, bc there’s at least 200 million moms 😂
475 dollars for a months worth of milk???
For preserving your own milk for 3 years.
@QiYang86 Do you need 3 years worth of milk for an infant?
@@franciscolaurean8550 What are you talking about? This is to preserver any extra milk you have for 3 years. If a mom have 2 months of extra milk, she can save them for later. She only has to pay the extra amount and it's good for 3 years. Not that she has to pay for 3 years, make sense?
@QiYang86 I get it. What I don't get is why do you need to preserve it for that long if a 3 year old already has been changed to solid foods by that time. It's a waste of money IMO
@@franciscolaurean8550 it’s good for 3 years, doesn’t mean you need it for 3 years. It’s just to show that you don’t need to worry about it getting expired too early
No mom has enough milk to completely fill out a freezer. This is absurd. 😬
Lots of people in the comments revealing that they don't know anything about breast milk or its value, or understand the worlds this would open for a lot of moms.
The question is how do you know the freeze dried milk was from you? Not from another mom?
😮😮😮
In theory the same could be said for milk left with a provider with another baby present, like every daycare. Hopefully it would never happen, but it would always be a possibility.
Or store bought formula?
You taste the milk straight from the breast and then taste the formula. Need to make sure you get a big gulp of both first to confirm the taste
Private equity hubby rocked it !!
Guys my food finished and I have to leave, can someone quickly tell me why Barbara was out?
That’s like the first time I’ve seen the sharks get finessed
Very refreshing to here someone who knows their numbers who has a solid head on his shoulders.
This is an amazing product love it for moms to have backup or use when they are busy it's so viable and could be branched into other products. Freeze dried is the way❤
Maybe it would be better and cheaper to just buy a micro freeze dryer. People could let nearby mothers process their milk also to help spread the investment cost.
Literally facts
This is would amazing for a lot of women that have production issues especially with multiple pregnancies. A three year food source is so helpful when you can only produce a little
Way too much risk. Temp changes, lost mail, potentially transmitted diseases if factory isnt... nah. Just get a stand alone freezer and a mini cooler.
Wish this was around when my son was little-
What an awesome idea
She can pack it with her kitty candles 😂
Who the heck can ask their parents for $120,000?! And have $60,000 of their own to put into this?!? Put people on this show who actually need capital. This is the rich getting richer
I was also surprised that their parents had that much to spare
So what. Is it a crime to have money?
Then create a business, otherwise quit being jealous that they are initiating and possibly could make money.
One of them is a doctor the other works in equities. Checks out.
a lot of people have that kind of money, and give it to their kids for homes. so atleast this is for a business that can hopefully net a return
The husband has great negotiating skills and should be a special guest investor on the Shark Tank in the future.
finally a perfect solution for the super wealthy working mom doomsday prepper
They will never see a return on that investment.
I swear, the second they explained what their product was, I saw the unabomber appear in the corner of my room.
It’s a good idea but there’s too much room for error
Did I just see Gwyneth Paltrow, CEO of Goop or whatever that Idiocracy was?
yeah I think we both did the same stupid woman that sells Vag**a wax
And what are you ceo over again?
Yep goop.. They let a scammer be a shark
@@danielbattle7620 I am CEO of not wanting to see a scammer
@@danielbattle7620 hey ding-dong. Lots of ceo's have gone to prison, lost irreplaceable money or gone bankrupt. Just being a CEO doesn't mean squat.
Mixed milk in containers could be the problem? Like tainted suppliements
Cool, Stark Industries are looking to invest)
Barbara - "any breast milk I produce is already powdered so fir that reason I'm out"
Such a great Husband. My husband will be scared to invest a Penny in my business plans.😅
End of 2026: "Yeah, let me get that 400k back." Terrible idea.
this should be a royalty deal.
I feel like this is adding a middleman to where one is not needed. If you produce enough milk to send it to them, you can freeze/refrigerate it yourself and feed your baby and there’s no risk of them making mistakes with your milk. And less cost and time.
"Breast milk can be stored in the freezer for three months then it starts to degrade". Why would I need to store it for more than three months? Whenever I've pumped, that milk got used within a week.
business travel
That’s when you have extra. I pump over 40 oz a day and my baby barely eats 26oz. I store the rest and my freezer is full. To me it sounds like a good idea but it makes me afraid that it loses nutrients or that they could get contaminated
Its almost like a Breast Milk Parmesan Cheese
I like the idea ❤
Thats one of the fairest deals ever. If you like it keep 20% and all the gains. If you don't you get your money back.
This had Lori's name all over the product.
Barbra: I dont produce breast milk so I'm out.
It is expensive. I bet that mom's could sell this if they had left over milk.
I wish my parents had 120k lying around…
Is that Piper from Iron Man!?
Yes
Lol gwyneth brought up the TAM, that’s a cardinal sin for contestants on shark tank
She's gorgeous woman..😍🥰
wonder if the deal actually went thru
Mother’s Milk from the *The Boys* drinks some. And for those reasons he’s in
This stuff is awesome. Sure, maybe for more wealthy but breast milk is GOLD.
somebody call Homelander
Imagine sending breast milk and the bag is empty when they receive it😊
😲
or if the company sends them someone else's breastmilk. How would they know?
I can imagine the mom opening the door to the delivery man. And he says, with a milk moustache on his face: "Got milk?"
@@metaleuman 😆😆😆😆😆😆😆😆😆😆😆😆
Best comment of the year!
🏆
Powdered breast milk. I've seen it all.
He calls himself a private equity investor but only invested 40k seed money and got another 120k from parents. Sounds more like unemployed or a very poor private equity investor lol
what I got from that is "I trust you honey...but not 160k worth of trust"
Good idea but way too expensive
Have y'all dropped the wrong package off to a mom like the Stork did?😮
Hows the business doing now? (Dec 2023)
Lori is now pumping milk out her own breasts to keep the business alive ….😢😢😢
Some women have children closer together than 3 years.
How many of these are Gwyneth in ?
What a bad excuse though on marks part for being out 🙃
Gwenith of no eyebrow made a deal?
What’s for breakfast everyone?
Egg, salmon and rice. Wbu
@@mrg8077seasoned how? Never had salmon and rice for breakfast
Steak, goji berries, tangerines
Whats are you guys eating?
Breast milk
pasta!
Pizza
Lasagna
Why is Gwyneth Paltrow on the show? She literally has no idea what she’s doing lol
you know nothing about her. most famous actors have dozens of businesses.
why would you freeze milk? is it not better fresh
why freeze anything?
I would be paranoid that they sent me someone else’s breast milk 😂😅
Why is Paltrow on this show.. her parents were both actors.. got her all her jobs.. lol. What’s her business background other than reading lines.
Poor product. You can pay an over lactating mother this amount and help yourself and the mother. Why pay to already rich people...
Win
Who cares for 3 yrs seriously 😂😂😂😂
I had 2 kids and my wife worked a fast paced minimum waged job and she never had to freeze or refrigerate her milk. Our kids are doing great so I don't see anyone needing this or GET RIPPED OFF!
Hmmm I'm not sure how she would have never needed to at least refrigerate it? Are you saying she didn't pump at all? Or perhaps you actually picked it up and gave it to baby each time she pumped? I mean that would be very extreme but possible I guess. Breast milk only lasts four hours at room temp ...
I definitely think this service is a rip off btw...
How long do you breastfeed that you would need to store it for three years?
Some women breastfeed for three years
why are so many commenters hung up on this? All freeze dried products have a similar shelf life. it has nothing to do with storing breastmilk for 3 years.
fkn idiots.😂
Here's the weird thing I'm not a shark and I'm already thinking about it for moms that are raising their children the children are alive now grown and seem to be just fine and they didn't have the service so all this is is just another thing to do to try to make money it's not a necessity
This is so useless, anyone can just buy a freeze dryer and make their own. And she says no “significant changes when freeze dried” but there are changes though. She’s not fully disclosing obviously. Again, you can have all the degrees in the world and still know nothing. I can read a book too and be told things and know what she knows. Mark was right, it’s not investable at all. Like I said, a freeze dryer isn’t crazy expensive and any mom can make a business out of this idea and make it with less chemicals and fillers that her product has and put her out of business. Plus she can’t source that much real natural breast milk so this isn’t a great idea at all.
Boo! I think your wrong and it's genius!
Exactly! Not to mention their whole argument in the beginning was people don’t have room in their freezer to store their breast milk so they stored it with us for $500 a month. For $500 I’ll go to Home Depot and buy a brand new freezer exclusively for storing breast milk!
"My mum can make a business out of this idea"
She can make even more money offering it straight from the source, nice and fresh 😆.
I agree that there has to be changes to the milk and perhaps this should only be used when other options aren't available, but i think you're wrong in claiming that anyone would be willing to invest in a freeze dryer or that other moms would trust their neighborhood milk freeze dryer lady with something they give their baby. there are have been worrying outbreaks of bacteria in actual formula manufacturing facilities so idk if i would feel better or worse about Carol up the street handling this lol.
Nasty
They look like robots
What in the world was Barbara’s reason for going out?
When Barbara was born the doctor said she was out
I'm out, and for that reason, I'm out.
Barbara: "My teats ran out of milk long ago so I'm out"
She has no milk, so she's out 😂
😊
This will be great.. They can actually buy breastmilk turn it into powdered breastmilk and sell it to the market.. I would go with that vs formula milk
Who needs 3 year self life on breast milk for infants? By year 3 kids already playing xBox
im still seeing this business idea is not practical whatsoever
totally wrong business. they need to make a device that does it at home.