If Kevin was there he would have offered a royalty deal. And that was the perfect deal for that business because by the time a better product comes up, the investor would have recouped his money + extra bonus. So, a 2X deal.
If he has some kind of AI to it to make it self driving or just say hey scootie transform and it transforms into a small block then it would have been unique and worth the valuation
The guy obviously didn't come looking for a deal with that equality. The only deal that would of worked for both parties would of been debt or royalty because they would never agree on value lol. Too bad Kevin isn't on here.
Considering how young he is, that valuation isn't even that absurd. And I don't mean that it's a good one, I just mean the expectations of people who are go-getters and this young can be mind-blowing. I'm a recruiter and you'll see someone fresh out of school with no special degree thinking they should be getting 100k lol
Have watched the newer versions of this programme im sorry to say i miss the old sharks,,steve,andrew glen,naomi,etc,,these sharks had something that the new ones lack,,
The Jane lady, said 4x multiple is a lot. She obviously missed valuation class during her university days. The valuation is beyond reasonable. Simply say you do not like the risk
@@lesprentice4816 someone forgot to take their medication. I agreed that she's worth more than me but I careless about wealth. True happiness is what I strive for. So, go play outside with the kids🤪
Who cares? the product isn't even worth that much investment...nothing revolutionary about it. lol Who would risk putting their money investing a business like this?
Bro there's multiple ST and Dragons Dens... I just accidentally put on Shark Tank Brazil 🤣 had some weird voice over to translate. Nothing beats the original Dragon Den England or Shark Tank USA though.
These sharks don't have the chemistry with each other like Mark Barb Lori & least but not the last, our Mr Wonderful, Kevin. Miss them. These are so boring!!!
4x revenue is never a high valuation lol. When someone comes with $250k sales and goes home with $1M valuation, the sharks are completely okay with it, Ofc profitability and cash flow are more important but this is no way whack.
I really really hate the narration in Shark Tank AUS. Like we understand Robert is going to talk about numbers when he talks about them. We dont need someone saying "He's talking numbers" when he is literally asking the price.
Parts of Aust entertainment is very very UNprofessional and childish. Look at the old Boiler in the green witches suit for example. Embarrassing for ALL Aussies.
No one is going to buy this crap there are way better scooters for the price. i got a ti30 that is 5600w 100kmh speed for 1.5k new. Who tf would pay 4k for that
Apart from Robert (who is a Dragons Den/Shark Tank legend) these new sharks are trash. The old Shark tank Aus investors were great.. I wonder why the panel has changed.
i liked the old sharks in shark tank aus, i m not sure why we don’t have older investors.
Yeah me too. Bring steve back. And all the others. Keep Robert though.
Yup and when Robert joined it seem like they take he's lead just my opinion
They are all out !
Me too, I prefer the OG... SO CRINGEY ALL THEM SMILING SK WEIRD
Robert laughing after the AI comment.. Same Robert .. SAME 0:40
If Kevin was there he would have offered a royalty deal. And that was the perfect deal for that business because by the time a better product comes up, the investor would have recouped his money + extra bonus. So, a 2X deal.
Not a chance, he would have torn him to shreds on his valuation
Kevin already got screwed by a bad deal on electric boards and scooters years ago
This is no different than other scooters. They are all very similar
Dude is asking too much for zero proprietary. He is probably trying to get a free ads on his products.
5 million in sales
Actually, his valuation was $13,888,888. Not $12 million. 🙂
Hi, how did you get more likes for repeating my post?
@@LarryZAR I didn't repeat your post.
@@LarryZAR Look at the times. Yours was posted 4 hours ago, mine was 5 hours ago. My comment was the 3rd or 4th.
@@LarryZARMy comment is 3rd, yours is 12th. 🙂
@@bubzilla6137 Time stamp showes that I posted the Valuation, an hour before your post.
Ah yes nothing like shark tank at 4am
He only needs the ad value of this show.
When you ask 1.8% equity😂.. It only means he didnt come there for a shark, He came there to expose his Business🤑🤭😂👏🏼
Andrew tate is a shark now ?
Only if he was, that would be a great episode to watch
Free publicity was the plan for this entrepreneur and he got it.
If he has some kind of AI to it to make it self driving or just say hey scootie transform and it transforms into a small block then it would have been unique and worth the valuation
If you would implement self driving on this cost of hardware alone would be like 4k++ $, and software oh boy, tooo much
The guy obviously didn't come looking for a deal with that equality. The only deal that would of worked for both parties would of been debt or royalty because they would never agree on value lol. Too bad Kevin isn't on here.
1:32 what kind of reaction is that?
Considering how young he is, that valuation isn't even that absurd. And I don't mean that it's a good one, I just mean the expectations of people who are go-getters and this young can be mind-blowing. I'm a recruiter and you'll see someone fresh out of school with no special degree thinking they should be getting 100k lol
This might have worked had there never have been a single electric scooter in the world.
Hope everyone has a good lunch! What are you having to eat?
Only offering 1% of your business is a clear indicator that you're not here for a deal. Just free advertising
he came for the exposure no surprise
Have watched the newer versions of this programme im sorry to say i miss the old sharks,,steve,andrew glen,naomi,etc,,these sharks had something that the new ones lack,,
He shouda put in a rear view mirror, great selling point..
Good upsell product
How long before it catches fire?
Woah kevin looks younger
This cast is nothing compared to Shark Tank US lol
The usa ST is lively, this one is stiff and boring.
Chuck another shrimp on the barbie!
The Jane lady, said 4x multiple is a lot. She obviously missed valuation class during her university days. The valuation is beyond reasonable. Simply say you do not like the risk
Yet she is worth more then you and your family will ever be.
@@lesprentice4816 someone forgot to take their medication. I agreed that she's worth more than me but I careless about wealth. True happiness is what I strive for. So, go play outside with the kids🤪
@@lesprentice4816you're defending her with your life while she doesn't know who you are 😅
Who cares? the product isn't even worth that much investment...nothing revolutionary about it. lol Who would risk putting their money investing a business like this?
Robert's excuse for not investing can be for any product, though.
Has Jane lu ever invested?
Wait...theres another shark tank 🤔
Im gunna have to take lunch 2Xs a day now
Bro there's multiple ST and Dragons Dens... I just accidentally put on Shark Tank Brazil 🤣 had some weird voice over to translate.
Nothing beats the original Dragon Den England or Shark Tank USA though.
What a treat… A panel of my least liked dragon’s…🙄💯
These sharks don't have the chemistry with each other like Mark Barb Lori & least but not the last, our Mr Wonderful, Kevin. Miss them. These are so boring!!!
It’s their personalities, the Brit’s are dull
Brits???
Andrew rate is a shark ?? I thought he was only the top g 😅
Good Morning, or Afternoon. :)
The blonde guy looks just like Chase from HOUSE.
4x multiple is NOTHING
Right!!!
It annoyed the heck out of me when the pink lady said that (then strange green lady doubled down on it).
Dude looks like the discount Andrew Tate
Lmao
13.8 million valuation LOLLL
these eposides are so dry, the shark combination is not good at all.
Sorry, ridiculous valuation from the numbers I was hearing. Just absurd. He didnt want a deal.
bruh i buy a motorcycle instead of spending 4k on scooter
4x revenue is never a high valuation lol. When someone comes with $250k sales and goes home with $1M valuation, the sharks are completely okay with it, Ofc profitability and cash flow are more important but this is no way whack.
Even with his great sales, his valuation made no sense. At all. Not even having a patent?…. Yeah, He only went there for the publicity.
Bring back the old sharks. Does anyone actually like the new sharks?
Just so my scooter companies why is this special.
Hi❤Most of all, I really love your videos.❤❤❤🎉🎉🎉🎉🎉🎉❤❤❤❤❤❤
29-year old engineering student?
Is the bald man the third Tate brother?
Why is Andrew Tate a shark in this show?
He went on it for the marketing… not really ti get a shark. Smart man but shady move.
Me so greedy.
That looks like Andrew Tate..
I really really hate the narration in Shark Tank AUS. Like we understand Robert is going to talk about numbers when he talks about them. We dont need someone saying "He's talking numbers" when he is literally asking the price.
Why is Andrew Tate on Shark Tank
the only shark is Robert the rest are goldfish
What a nice guy.
1.8 percent 😂 no deal
Sharks don’t live long do they?
why did robert change from america to australia shark tank?
He’s still on shark tank America I think
Prob money
He said something about his wife and family in another episode
To bring a familiar face to the new show. Draws in fans.
Because people like the USA version better . This one is boring.
Who tf decided on this lady's dress 💀
Why do people make such silly validation asks
That bald guy looks like Andrew tates younger brother lol
Parts of Aust entertainment is very very UNprofessional and childish. Look at the old Boiler in the green witches suit for example. Embarrassing for ALL Aussies.
No one is going to buy this crap there are way better scooters for the price. i got a ti30 that is 5600w 100kmh speed for 1.5k new. Who tf would pay 4k for that
Apart from Robert (who is a Dragons Den/Shark Tank legend) these new sharks are trash. The old Shark tank Aus investors were great.. I wonder why the panel has changed.
🤔
Nothing unique
Andrew tateee
22nd comment
I count 19... Maybe some were shadow banned? Idk... But on my end, your comment is 19th.🙂🙂🙂
666
Slitty eyes
Good to see Aussie sharks support Chinese too. No China phobia
Of course not: Aussies are evolved people.
$13,888,888.89=Valuation
Loooool dikhed