DNA SIMPLE Wins Pitch of the Week | Shark Tank
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- เผยแพร่เมื่อ 12 ก.ย. 2024
- The results are in..... DNA Simple Wins Pitch of the Week!
Let's see what the sharks thought about this company. Thanks for voting!
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DNA SIMPLE Wins Pitch of the Week | Shark Tank
Always so weird when Kevin isn't there. He isn't my favorite shark but he always came across as the main character to me.
At least Barbara wasn't there
@@bobbynewell2736 You could say she was out
He is the most researched Shark imo. Kevin knows almost about every industry.
Maybe because he sits in the middle
That's why this season has _two_ Kevin's!!!
Barbara calling from home: “I can’t make the taping, but if anyone pitches DNA solutions, let them know I’m out” 😂😫
I read this with Barbara's voice in my head lol
Funny🤣🤣😂😂
The Barbara comments on every video are hilarious. 😂
Thats REALLY FUNNY. Thanks for the laugh
LOL!!!
For those asking this was BEFORE the Pandemic
Well, to be fair, COVID vaccine was an RNA vaccine that's true, but people's genetic code library (the DNA) and DNA studies don't have a lot to do with COVID, at least until this point of time.
@@shahriar1111 you're missing the entire point
Nope. This was last year (2022). After lockdown
@@ozzyr6751 this was recorded in 2018
Just for the record, he asked for 100K for 12.5%. Mark gave him 200K for 15%.
I don't think this increase of valuation EVER happened in the history of Shark Tanks.
The deal of all deals
and it took 5 min. Simple always works
@@AstorSar loool, i wish it was just 5 mins
@@AstorSar Doubtful.. probs was an hour and cut down to that..
check lori's offer to souper cubes
Man just warned of corona ima ask him for the lottery numbers next week 😭
Right
Well.. although the rona was terrible.. it was nothing compared to what may come. When you look at our 10 billion population.. it was a fairly minor hit. Now that we are cutting deep into the jungle to make grazing land for cattle.. it's just a matter of time before some farmer or logger catches a disease from an animal that has never transferred to humans before. Different strains of rona have been around for years so we had a good idea how to approach it.. soon something unimaginable.. from deep in the jungle.. Will jump. Something airborne that kills you in a day..
😂
@@joshythehand2960 yup, 100%. So long as we keep destroying natural habitats to feed our insatiable appetite for meat, these novel viruses will continue to wreak havoc. I wish there was a better way....hmmmm...
Gates etc had been predicting a PLANdemic for years!
I work in medical research and I honestly think this is a brilliant idea. Researchers hate having to find patients. And there are tons of people willing to make a quick buck being a part of experiments but can find studies. It’s natural place for facilitator to take advantage of.
It's a "sell the shovels" type of situation
China happy to get DNA samples from america
Uh that’s until you try publishing. You need robust criteria for your patient selection, consents, etc.. all depends how compliant his methods are
True Story: So the guy after getting a deal from Mark was really excited and was heading back to his hotel. And since he didn't had any transport he called an Uber and waited. After some time, his Uber pulled in and the guy got in the back. At the driver seat was Babara and she goes "I'm OUT" and goes on to complete the ride.
lol
What a legend
🤣🤣🤣🤣🤣 This one had me in tears.
Bro you should get hired as a writer for family guy
Omfg
Mark made the most casual "sure" on going down 25% in the amount of equity he gets (20% down to 15%.) Very fair deal on Mark's part, amazing how accurate the business owner was at predicting a pandemic in 2017 (when this was shot) to 2020 when a pandemic happened.
Maybe he knew something we didn't...
Funny thing was Mark's original offer was already a higher valuation than the guy wanted but I guess the entrepreneur was more focused on protecting his equity...Mark cud have def lowered the amount of dollars invested for 15% but I guess at that point he just wanted to get the deal done
Correcting myself.
Film date-
S9 E912 | 06/17/21
@@Crismodin This is from 2017: season 9 as per wikipedia
@@Crismodin lol
he came in asking for 100k for 12.5% and left with 200K for 15% what a legend.
What if this was in preparation for COVID for these investors and this company was the best chance for them to get in contact with biomedical Researchers as well as data
This from 2017
WoW, Mark Cuban increase valuation of the company by over 60 percent from original offered.
I’ve never seen mark offer double the valuation initially asked. Crazy
He didn’t 😂 u don’t know 3rd grade math?
Double his valuation would be 240k for 15%
@@wolfsburggti4476 its called ballbark figures lol
This guy is from Flushing Queens NY & went to Queens college.
My man did a great job Representing us 👏🏽
Mark couldn't "loose" a deal to Richard Brandson, so he paid the 2x what the guy was asking for.
Richard has more $$
He had to show him up lol quite funny
Afterwards making the deal he asked Richard if he wanted a hug also 🤗 lol
@@barryernest9260 actually Mark net worth is 500 millions dollars more than Richard
He also didn't want to lose...
Barbara: I don’t have saliva and for that reason I’m out
You're very ignorant before you make any comments do some research. Grow up
@@naseanclinkscales704 wtf lol bro it’s just a joke get off your high horse
I live for these Barbara jokes, but this is my favorite so far. 😂
great pitch... Loved it. Seemed it was only Mark that truly understood the value.
This segment would've been far more interesting if every Shark was allowed to comment and offer. The ultimatums are okay now and then, but when they happen too often they genuinely hurt the show.
Yahawah will strike you dead !
Wicked and stupid Levi for not knowing your enemies
i think when the offer was 200k for 15% it would be pointless to give him a better deal ...they probably feel like they don't need the deal if its "that low" or w.e idk...but i definitely agree with you...i would love to see everyone's offers.,
Thank you for teaching me a new word!
Well...not necessarily because having watched the show for over a decade, we all know who tends to gravitate towards what sector. Technology and bioscience tend to attract Mark the most, and Kevin is the financial guru as he's into numbers, and Lori and Damond are building brands! Honestly the only wildcard of this show is Robert because he invests in all sectors. That's said Lori and Damond wouldn't have made an offer, trust me!
@@sedouard2275 The Sharks have all made offers on products at various times. And of course, if we know beforehand who would've offered, then why even make the show.
Mark seemed different here lol...is it because of Richard?
i think so. he offered almost double the guys initial valuation. he knows richard is a threat
@TornSilence - re - "Mark seemed different here lol...." 1. Different in what way? 2. Sitting in the middle, as opposed to the end? 3. Same tactic used = "decide now or I'm out!" 4. You are NOT "laughing out loud." 5. Ehhh?
That’s the foresight only Mark Cuban has. Remember his Move of the Century when he invested in Put Options and he was saved with the Market Crashed. He’s not just a shark he’s something more as compared to other Sharks.
You mean he is Illuminati
@0:18 he predicted the coronavirus pandemic. His quote aged very well hahaha
This is my responsibility. I thought everyone should know. We are imprisoned in a place whose slogan was freedom. New slavery, Don't Travel to the USA. Never even for a short time. If you have any special knowledge or skills or an invention, They will steal it from your mind. The US government initially used this method to identify people who intended to harm the United States. But today, they use it for many purposes, including stealing information from people stealing data from people's minds. And many celebrities like Taylor Swift are helping to lure the US government. They'll see whatever you see.
You'll never have privacy even with your wife or girlfriend. They'll see whatever you think. When Taylor Swift said I use my best colors for your portrait meant it's one of the newest things they're using it. Or when she said, "Touch me, and you'll never be alone." Your silence would help them to do it again and again. They said, don't say anything because of The USA. I want to take her to court. They wanted to pay me $ 1,000,000, but that was not what I asked from them. Those are not only songs. She ( Taylor Swift) likes A writer of crime stories whose stories are authentic and have committed all the murders. Taylor Adolf Hitler, the Humans, are not your laboratory mice. I was used as a laboratory mouse to test new products.
-------------------------------------------------------------------------------
#Taylorswiftiskiller
#BidenisKiller
This is basically an oregene kit (they didn't design it) - it's exactly 23andme's model but the participant doesn't get anything out of it other than $50 (no data). It's interesting but acquisition costs (finding people will eat into their $100 "gross margin". Many people will have a big problem sending their DNA to a random company - trust me I started one of the first consumer genomics companies even before 23andme. Something here - but very very easy to copy.
Honestly I was thinking this. Their only real value is giving the costumers $50 but not sure how many people want to go through the trouble of questioners, registering, providing proof etc for 50$
@@al12397 People worrying about Giving their DNA for medical research will regret not doing so the day they have a disease with no cure.
@@al12397 you would be surprised, it’s not really the $50 sometimes, but the fact that it’s free money.
People would not be willing to give away their dna sample for free. But since there is no limit as to how many times you could submit and still earn 50 dollars per sample once matched is an incentive
well he's definitely right about the need for funding for preemptive disease research. who knows what the next major disease will be and what kind of impact it could have globally
this was actually filmed in 2017
@@chooorb I am well aware. fan of shark tank. but my comment is that funding is very much needed. our approach is far to reactive.
Unfortunately a great deal of these 'diseases and viruses' are man-made, smh 🙄 ...all for profit. Hence the current "pandemic"
@@FrancinaB13 well yes profit drives just about all research but the work is necessary. You don't want to be hit by a disease you can't treat or have no idea where to begin start to more towards developing treatment. They experiment with crop diseases in same way to prepare for disease in food plants to prepare for potential famine causing plant diseases.
Mark went in on the deal as soon as he saw Richard interested! Lmao. Mark is smart… He waits and if a deal looks good to others he jumps in!
Barbara: My saliva is a match for "I'm out "..
Barbara is not even there but I am going to have a dream about her tonight.
@@tj.espygil4544 I'm out!
@@Swa1nTrain lmao thats what she says in the dream as well lmao
@@Swa1nTrain I got a sample from her off of my pillow. 😜
Mark is so competitive when he sees Richard Branson. Especially when Branson wants the same deal.
I wanna speak to those experts who predicted a pandemic!!!
There was a documentary on netflix called "Pandemic: How to Prevent an Outbreak", it was shot in 2019 and you can see the multiple difference researchers saying a pandemic is just around the corner. Only thing is they thought it would be an influenza pandemic, not a corona one.
@Stanislav Doynovski - re: "experts who predicted a pandemic!!!" 1. "Dr." Fauci "predicted" that Donald J.Trump will deal with a pandemic after taking office. Voila ! COVID was invented, spread around the world, "Dr." Fauci's "prediction" turned out correct, since the pandemic was created !!
@@warriormanmaxx8991 troll or garden variety psycho?
@@JAB2010 Neither. Just intelligent and well-informed.
I'm sure they're all eager to hear from you.
something I find fascinating... the sharks (including mark cuban) getting engaged in the health care space... opens doors to other cascades of issues. The PBM's... the elevation of think tanks and/or academia... what is Value...? The connections of what investment and choices... are involved in authentic community connections. I have always been amazed how real life work creates a personal and blended sphere of education which we enter with our own past experiences and lenses... as time goes on... we learn and apply... the hustle and the grinding and the stake holder investing understanding that rushing sometimes causes back lash and sometimes it hastens the adoption curves... these learnings convert to advocacy and the learning which also blends into a layer of confluence and the respect for the market and community spaces....
The work of health, climate and tools is very very large and very needed.
Apparently this was filmed in 2017? 🤯 We must have an update!!!!!
Data is a gold and this is literally data collection
it takes some balls to negotiate a deal that had you at a higher valuation than you initially pitched
I need a part 2 of how it’s going now
Your pathetic😡
@@MR421NOW please with all do respect. If you’re going to call me pathetic, at least spell “Your
@@sherwynntrotman lmao they are a loser
@@sherwynntrotman *due
Kevins brutal honesty is what makes the show
"I had a million jobs and I graduated with honors"
"What college"
Whispers "queens college..."
Lol
If he was selling dead rotting fish and Sir Richard made an offer Mark would want to better it.I am not implying that the idea was bad it was great just those two dont seem to like each other,maybe Mark likes being the only billionaire in the room.
At that point in wealth you simply can make ego fueled decisions when you experience the rewards of previous investments showing the potential to grow a companys income 1000x your initial investment makes it a pretty mindless impulsive kinda tension.
@@underoathfannatic also maybe because richard threw water in marks face during one of the episodes.
@@tristanludlow8937 Or maybe because it was a 45min - 2hr pitch edited down for TV and then RE edited down to 5 min for this clip🙄
Something doesn’t add up. Usually they would ask year to date sales, overall profit, how much he had invested, are there any other shareholders? Why was this so rushed to an offer.
CNBC cuts their clips on TH-cam. Most shark tank segments are 7-10 minutes and these clips are always around 5 minutes.
This dude is more accomplished then most people I know.
Like others here, i sensed mark feeling a little rivalry with Sir Richard, but in the end, I’m guessing the actual deal did not get off the ground. Mark agreed to a 5% equity cut (huge) on television to irk Sir Richard but behind the scenes he probably demanded it back or no deal.
I think it all started from that episode of Mark calling that Korean girl that was selling her app a golddigger, then Richard threw water onto Mark vice versa
That’s not really how that works but I get the joke lol
Was this pre or post Covid?
Pre Covid 😳
Dude got a better offer than what he came for.
Nice!! That was a good win for him! Got an extra 100k for 2.5% more of the company
Did Mark make a calculation mistake?
He gave him more than what he actually asked for.
Billionaires compete with each other...Mark showed his weakness for the first time
Cause the other guy is also a billionaire, he had actual competition.
@@UrbanBricks news flash, no he didnt. what you guys fail to realize is that they get paid for the show of around 10,000,000 each year, and a part of their contract states that they have to invest; they are technically using a portion of the contract paid to them to earn free investments... dont be fooled by smokes and mirrors, they dont lose any money being on the show because they arent really using their own money.. they will invest up to 20 percent of what they are being paid 25 tops...
news flash, no he didnt. what you guys fail to realize is that they get paid for the show of around 10,000,000 each year, and a part of their contract states that they have to invest; they are technically using a portion of the contract paid to them to earn free investments... dont be fooled by smokes and mirrors, they dont lose any money being on the show because they arent really using their own money.. they will invest up to 20 percent of what they are being paid 25 tops...
@@bjvu9460 News flash, you don't need to spam a comment to get your side across.
He said “Hello Sharks”
But he meant “ahh sh** here we go again.”
Great business to invest in, especially now that after this was filmed, Covid happened!
Mark is such a gentleman and a champ! I love him!
This was an all around fun time 🙂.
I love how Mark puts time pressure and deal pressure. It's a learning curve for investors on how to get better deals
Dude is mega rich. has the leverage. Doesnt matter if he gets the deal or not so he's bold willing to risk loosing the deal.
he wanted to one up Branson lol
@@-Uranos- bruh Branson passes Mark in the Billionaire category, but you’re right they can both do it, I think he wanted one up him too.
Shout out from Flushing Queens.
When was this recorded or aired
I don't get Mark's offer. The guy asked 100k for 12.5% to which Richard countered 100k for 25% and then Mark offered twice the money (200k) for less equity (20%) which even went further down to 15%. Did he know something we don't about a pandemic coming??
I think he was only willing to accept that offer because that guy was doing something to help humanity, but then again these rich people are part of weird things so theres a chance he knew the pandemic was going to happen, which might be the reason he was so quick to invest.
I'm so proud of my Haitian brother!!! 🇭🇹🇭🇹🇭🇹🇭🇹🇭🇹 Wow!! Tfs! To everyone reading this, Jesus loves you!
For sure mark is big player for reason.....he understands the long term and he don't mind about equity
Man that’s impressive!
I think the guy made right decision choosing Mark because now Mark has opened doors in medical supply this might further help the entrepreneur get more contacts from Mark.
I'm out btw my name is Barbara
Are you transgender josh? 🤔
The company is now valued at 1.3 million as of 2022
I don't think that's true.
Went to the site to sign up. Sign ups are disabled.
I'm sorry but to predict a pandemic in 2017, and then we actually have one??!! This should be Shark Tank PITCH OF THE SERIES!!!!
Little did they know they wouldn't be giving any more hugs soon thereafter...
The entrepreneur wasn't so keen on getting more money at a higher valuation than what he asked for, not to mention working with Mark Cuban. He came to Shark Tank with a 12% offer and getting twice the amount of money he asked for at just 2.5% more equity which he knew coming in would definitely be negotiated, didn't even put a smile on his face, rather he had the look of someone who'd been robbed at gunpoint in a dark alley. Mark should have decreased the amount significantly for a 25% counter offer on the equity and the guy would still have agreed but he didn't to spite Richard Branson and in spite of himself. That's what competition among billionaires seems like.
mark knows that he needed cash, which is why he offered more.. he also wants teh biz to succeed.
@@DreamsDFSPicks Mark's highly competitive and has a rather tumultuous relationship with Richard. It's different with the other sharks as Mark is in an entirely different league than the rest but Richard also being a billionaire makes him want to compete till the end. Remember the episode where Mark called the entrepreneur a gold digger and later Richard threw water on Mark only to have water thrown back at himself by Mark. If I'm not wrong, Richard invested in Ring (originally doorbot) which Amazon bought for a billion dollars and Mark along with the sharks missed out on that opportunity. To sum up, Mark paid extra to the entrepreneur from DNA simple out of sheer competition with Richard instead of professional competence.
@@Zebness990 let's play poker with him
i sign up after this episode. i still wait to do this one time. i wrote them after couple of months after this episode. they remove me without my permission. it's not worth it.
It's odd when Mark sits in a different chair.
l really like him and the product I wish him luck
"let me ask you about sales"
"WhErE aRe YoU fRoM?
so has anyone tried his service to get the $50? i remember seeing this episode years ago
The genomics industry is boomin
*continues watching the eerie tension betwn Richard Branson & Mark Cuban
Was cute him wanting a hug as well xD
My man called COVID.
As of July, 2022, the company is still in business and is valued at $1.3 million.
Those two didn’t believe in that product they were just trying to out do each other
EXCELLENT pitch and service...
Mark is always using the scarcity persuasion principle for his offers. Answer now or forget it .😂
Genomics Industry has a lot of potential growth.
This was way before the pandemic this is like season 9, we are on season 15
Richard you are so kind ❤
Either this is heavily edited or they completely forgot to ask how much money did the company make, how much do they sell the information for, etc. Only number I heard was they pay people 50 bucks for their DNA.
It’s up but says the sign up is temporarily disabled.
Flushing represent
After Richard Said That This Was Intresting MARK DESIDE TO STICK UPTO RICHARD 😂
When did this air
Let’s find his start up company and invest in it
great journey Oliviae
Nobody asked about how much profit he's made so far and then he got a deal that valued his business way more than he had haha
Don't send your DNA to anyone.
Dude that is such a. Great idea probably one of the best business’s on this show
Seems like a eugenics experiment waiting to happen
Lol that dry ice in those flasks
Where's Mr. W0ND3RFUL?!
Great future shark, he got more money at higher valuation!!! Wow! Hope he is doing well! Love the hug joke at the end, xoxo
They sent a sample to Barbara after the show. Maybe they’ll the “I’m out” gene inside her DNA
Kevin had to take a new broom to Barbara and that's why they were absent.
That one there was a violation, personally I wouldn’t have it 😭 mark is just a legend
Did Mark get the math wrong, or he considers the company undervalued?
He gave a better offer so no one would try to outbid him. Mark is trying to get into the medical industry.
Mark is the right guy. He’s the only one with healthcare investments like this already
Barbara comes in through facetime.. "this is really interesting, and for that reason I'm out"
I'm gonna start a business selling this guy's hugs to sharks and pitch it to the shark tank, if you take my idea you owe me 50%.
This was before the pandemic I hope this guys sales boost rocketed
Barbara: “You’re such a gentleman, and for that reason I’m out.”
Was this before the pandemic?
Yes
bro made a money glitch 😭
what is it they have in their notes to know 15% works?
There’s a lot of opportunity in the healthcare industry to make the process better and easier on the end consumer.