50k @ $20 each = 2500 units is way less than one per store per day. If we take the $625 per store figure and divide that by the $20 that's 31.25 units per store per year divided by 52 weeks per year is 0.6 per week, they're at even less than one unit per store per week. Closer to one every two weeks. And yet they're also selling online?
@@gregl2954 I'm sorry, Google does not allow links on TH-cam. You can search about the business on Google by simply writing "FoHawks Shark Tank Update". Just open the first link and it will have the info.
Exactly this. These have been around forever, get worn once in public and never again except by that weird 50 year old guy who has it on his bike helmet.
@@robrig55wrong or right, the sharks are rooted in way more experience so it pays to listen to them. Also FYI they went bankrupt after 2 months this aired, so sharks were right
@@Salted_Potato I did say sometimes right? Remember Ring? The Sharks know that they're not a know it all and cant evaluate an entire company justly on the fly
@@robrig55 let me put my point in a different example. Even a pilot can be wrong sometimes, but i would rather listen to him on how to fly an airplane than a random passenger
lol, at the end the delusional woman is crying and prattling on about how successful they will be while the other one is staring off into space thinking of how she can get out of this mess.
So true ! Getting.into a mess like this almost feels the same as getting your first new shiny 4 x 4 SUV stuck in a deep bog, and so wish you could "undo"
“Hey kids, pretend to be happy and excited for a few minutes here and we’ll go out for ice cream later!” ..after getting roasted in the tank.. “Sorry kids, mommy and mommy are going broke now because we couldn’t fool the sharks into giving us some money, that means no ice cream!”
They all wanted to take that stupid helmet off they didn't understand. Faux what? what is this thing? Mohawks are from the 80s like these idiot manipulative moms
The show should ban any pitch using kids to sell crap. Whether riding a bike or using a squeaky voice to say they invented something it's all manipulative crap so the sharks will listen longer. It's so damn annoying.
Love Kevin ignoring Mark's 1,000th bald joke, barely noticing it. These ladies are such mommy shills trying to sell their kid's cuteness . A real presentation to be taken seriously would have 1 child on stage at most. Hate that manipulation and I bet when the cameras went off so did the sharks.
No he's not. I think he plays the hype man on purpose, so the pitchers open up and give away a bit more of themselves. His favourite phrase - "let them talk!" with a wide grin
Lol. "Yeah, we sold out at $9.99, and got in a bunch of stores. But rather than keeping it at $9.99, we doubled the cost and each store sold like 4 of them. We are doing great".
Sometimes when you watch the pitch and the minute it's over and Kevin asks, "what are your sales?" They give the answer and you think, "Yep they're toast"
@@markkostka6897 We have 3 boys. Heavy into sports with a lot of friends and tons of boys in our family. They love this kind of stuff. It’s loud. That’s a boy’s DNA. They didn’t iterate this enough. They didn’t test the market. They didn’t test the materials and specs preferred. When a company goes out of business, that doesn’t mean the idea didn’t have merit. That doesn’t mean POC wasn’t proven; it can often mean the owners suck and have zero business acumen. Case and point here
As far as I can tell, most (but maybe not all) of the competition is integrated into the helmet. The benefit to this is that it can be removed and traded, and that it can be attached to helmets you already have.
She really said to the last shark interested “I wanna hear this!” Then proceeded to talk over him and convince him not to invest. Of course these clips are highly edited so maybe that was done on purpose (my videos aren’t at all the order of what took place in recording).
They never said what they would do with the 150k. Had they come in asked for say, 50k for 30% hoping to get a shark to help them on the path to success, maybe they could of had a deal?
8,000 stores, even small ones, for a YEAR gives you an insane numbers of potential customers, their conversion rate has to be like 0.1%, probably even less
I think the moms took the comments personally. In reality, they are very hard working and committed. No question on that. But they also should see reality.
I actually dont think its a bad product. I think alot of kids would love it. The manufacturing cost needs to be around $2.50 then sell it at Walmart for around $9-$10. But the 2 Moms need to learn how to listen. But i think it could be a success.
This is why I got my a fun silly helmet, since birth she basically has always heard me say how a helmet saved my life when I crashed my bike head 1st into a pole and I cracked my helmet
I believe adding unverified equipment to a piece of safety equipment affects the integrity of the safety features and would probably void any type of warranty and/or safety guarantees. Be leery if purchasing these types of add-ons, I would never allow my children or adult members of my family to "add-on" anything like this. Stickers, sure but never something like this. Sorry ladies.
Why are people from Jersey so argumentative??? She did it to herself bc she wouldn't agree with them. Rich people always like you to agree with them, they say they want the truth but really they want you to say yess your right bc rich people are know it alls duhh!!!
Why are Barbara and Daymond even on this show. Daymond: I know nothing about everything thats ever been on this show Im out. Baraba: The only time I chime in is to tell people I'm out.
"You haven't even conquered New Jersey, what are you worried about the Globe for?". 😂😂
Eesh 😅
"Excuse me. EXCUUUUSE ME!" -- "What is it Barbra?" -- "I'm out."
🤣🤣🤣
Good point, Barb!
I like how Barbara cuts off everyone and says she needs to talk, then says the exact same thing everyone else had already said
lol
Word
This is the reason I am out.
blonde old woman to blonde old woman type sh
IKR... it kinda annoyed me when she did that. Damon was saying something important.
$50k as a salary isn't much for a year. $50k in sales is a disaster
Amazing how quickly Kevin does math figures in his head...
@@c.t.p.9821it's edited lol
50k @ $20 each = 2500 units is way less than one per store per day. If we take the $625 per store figure and divide that by the $20 that's 31.25 units per store per year divided by 52 weeks per year is 0.6 per week, they're at even less than one unit per store per week. Closer to one every two weeks. And yet they're also selling online?
50k is OK if like cuban said, it was one store.
Damn 50k is my salary, how much do you make
For those wondering, the business went out 2 months after they appeared on the show.
LOL
…damn
I appreciate the update. Please post a link to the article 🙏
Lmao
@@gregl2954 I'm sorry, Google does not allow links on TH-cam. You can search about the business on Google by simply writing "FoHawks Shark Tank Update". Just open the first link and it will have the info.
I need someone to talk to china lolol
That was hilarious 😂
Chyyyynaaaa
They should have called Dennis Rodman
@@donaldkey9074 I read that in Trump's voice lol
@@noelr1010 that was the intention
Doesn’t look like a Mohawk it looks like a mop 😂
My same thought exactly 😂
“Wake up and smell the bankruptcy” best line ever
was literally coming to comment this 😭😂😭😂
Two Karens who never heard no.
@@markkostka6897The blonde one was pretty rude. Now wonder the sharks were mean in return!
"WE'RE JUST 2 MOMS"
And shall remain
From jersey no less!🙄
Always the mom card
you'll never hear a guy's back up plan on shark tank to be "we're just two dads, give us a deal"
@@markkenny5799joosy
Kids don't want this. Kids want to look cool, not silly.
Exactly this. These have been around forever, get worn once in public and never again except by that weird 50 year old guy who has it on his bike helmet.
This a older episode and in the 2010s kids definitely loved mohawks
I only see this in Ski resorts. But, even then, you don't see that many wear this kinda style of helmets.
It'll sell out at pride parades...
@@TinMan445 I see fohawks on motorbike helmets all the time here in Tokyo. Probably just the wrong market.
I love the "WE'RE 2 MOMS. BUY OUR STUFF" argument..
All they got. It’s their entire identity and personality lol
As soon as the kids on bikes manipulation left they were doomed. Terrible idea, terrible figures, invest because we are moms. So entitled.
You're selling us on the dream, and not discussing the green. I'm out. -Mark Cuban
facts
This is death to a kid's esteem amongst his/her peers.
Unless they turn it into a trend where you’re uncool if you don’t have one - but that’s really hard to do
They said their target age was 4-10, idk about 10 year olds, but 4-6 year olds would definitely think they're cool lol
I can see those fohawks literally getting lit in a hazing ritual 🥵
@@Daydream_NThey are cool. But you can already buy a similar product at Target and Walmart. I've seen them 100 times.
Are there a lot of 4 year olds which are skiing, bike riding and roller blading?
Lesson #1 in being a successful founder: either be a good listener or STFU. They did neither and ran out of business shortly.
Sometimes the sharks are wrong so all you can do is listen and walkaway and hope someone else sees the future to invest
@@robrig55wrong or right, the sharks are rooted in way more experience so it pays to listen to them. Also FYI they went bankrupt after 2 months this aired, so sharks were right
@@Salted_Potato I did say sometimes right? Remember Ring? The Sharks know that they're not a know it all and cant evaluate an entire company justly on the fly
@@robrig55 let me put my point in a different example. Even a pilot can be wrong sometimes, but i would rather listen to him on how to fly an airplane than a random passenger
To be fair, the sharks themselves talk over each other like classroom children constantly, so they're not too good at listening either
These two women don’t realize they are circling the drain 😂😂😂
I'm sure that if kids were going to wear that in the skate parks they are going to get made fun of and bullied. Pretty sure most kids won't wear that.
Moms still living in the 90's
that smile at 9:16 made me crack up, its exactly like that meme of the person with the smiling mask but they are in tears underneath it
You can't do business with emotion
lol, at the end the delusional woman is crying and prattling on about how successful they will be while the other one is staring off into space thinking of how she can get out of this mess.
So true ! Getting.into a mess like this almost feels the same as getting your first new shiny 4 x 4 SUV stuck in a deep bog,
and so wish you could "undo"
Only 50k in 80 stores? Disaster
I want to know how they got into 80 stores.
@@johnwilburnthey both held high level positions with ToysRUs before they began this company’s so they probably had the connections to make it happen
Facts man
"I Disagree" - imagine working with someone like this.
Kevin: The Sky is blue .. Blonde Lady: I disagree!!
“Hey kids, pretend to be happy and excited for a few minutes here and we’ll go out for ice cream later!”
..after getting roasted in the tank..
“Sorry kids, mommy and mommy are going broke now because we couldn’t fool the sharks into giving us some money, that means no ice cream!”
Oh s*it !
They all wanted to take that stupid helmet off they didn't understand. Faux what? what is this thing? Mohawks are from the 80s like these idiot manipulative moms
🤣🤣
Wake up and smell the bankruptcy. My favorite Kevin line by far… 😂
Is that the same Karen that was screaming at me for parking near her house on a public street ?
Absolutely! 🤣
This WOULD be something out of New Jersey 😂
“You gotta wake up & smell the bankruptcy!” 😂😂😂😂
~ Kevin O’Leary
The other mom should have been the speaker. She was listening but did not say a thing. Also RIP TOYS R US.
I cant imagine being her husband
True story: He told her to go on Shark Tank to get 30 minutes of peace.
The show should ban any pitch using kids to sell crap. Whether riding a bike or using a squeaky voice to say they invented something it's all manipulative crap so the sharks will listen longer. It's so damn annoying.
5:18 I have to get to china, I need your contacts 🤣🤣🤣🤣🤣🤣
Love Kevin ignoring Mark's 1,000th bald joke, barely noticing it. These ladies are such mommy shills trying to sell their kid's cuteness . A real presentation to be taken seriously would have 1 child on stage at most. Hate that manipulation and I bet when the cameras went off so did the sharks.
Apparently they went out of business a few months after appearing on the show
Good. Outrageously unrealistic people who are totally full of themselves do not deserve to be in business.
This was ridiculous lol… kids don’t wanna wear that mess 🤡🤡😂😂😂
"There will be a fohawx with a Fubu"
Camera goes to Daymond! 🤣🤣🤣🤣🤣🤣🤣
Very niche product in an already crowded space, with extremely ambitious entrepreneurs. Recipe for disaster imo
barbara: im out and for that reason, im barbara
Robert is so Needy. He says every thing is cool. 😮
No he's not. I think he plays the hype man on purpose, so the pitchers open up and give away a bit more of themselves. His favourite phrase - "let them talk!" with a wide grin
Lol. "Yeah, we sold out at $9.99, and got in a bunch of stores. But rather than keeping it at $9.99, we doubled the cost and each store sold like 4 of them. We are doing great".
Blonde mom: the origins of Karen
She’s a baddie lowkey tho
Sometimes when you watch the pitch and the minute it's over and Kevin asks, "what are your sales?" They give the answer and you think, "Yep they're toast"
Barbara: I need to get a word in so importantly, so I can yap the same thing as everyone else and also say I'm out.
Our 7 year old has a Mohawk helmet and kids LOVE IT. Adults compliment it too, They needed more iterations on this thing. Kids actually do love this a
Went out of business in 2016. Apparently they don't.
@@markkostka6897 We have 3 boys. Heavy into sports with a lot of friends and tons of boys in our family. They love this kind of stuff. It’s loud. That’s a boy’s DNA. They didn’t iterate this enough. They didn’t test the market. They didn’t test the materials and specs preferred. When a company goes out of business, that doesn’t mean the idea didn’t have merit. That doesn’t mean POC wasn’t proven; it can often mean the owners suck and have zero business acumen. Case and point here
I HATE listening to someone that doesn’t even LISTEN. LOFL
I think if i was a child i would dodge this helmet
As far as I can tell, most (but maybe not all) of the competition is integrated into the helmet. The benefit to this is that it can be removed and traded, and that it can be attached to helmets you already have.
Holy crap that was brutal..
Versatility...Not Versatality..
I love Kevin 😂
Love when barbara fights with Daymond
Barbra: consider this In OUT 😂
"I need someone to talk to china"
Trump has entered the chat.
I read a Shark Tank Recap article that claims they went out of business two months after this episode aired.
She really said to the last shark interested “I wanna hear this!” Then proceeded to talk over him and convince him not to invest.
Of course these clips are highly edited so maybe that was done on purpose (my videos aren’t at all the order of what took place in recording).
Daymon, let's do it together! 🤣🤣
They’re liars. First said they’ve had no signs a lower price would change things then said it sold out at a lower price. Durrrr
Plus they acted exactly like Jersey moms act. Yes I have first hand knowledge. 😂
Can’t find on Walmart or Amazon….
They never said what they would do with the 150k. Had they come in asked for say, 50k for 30% hoping to get a shark to help them on the path to success, maybe they could of had a deal?
8,000 stores, even small ones, for a YEAR gives you an insane numbers of potential customers, their conversion rate has to be like 0.1%, probably even less
It was 80 stores, but still that’s less than one sale per week in each store.
I like her. And I'm glad she got reality check. I hope she learned a lesson and got bigger.
6:41 😂😂😂😂😂😂😂
The only way I could see this being useful is to protect against swooping magpies in Australia
It looks like they took broom heads and stuck them on top of helmets lol
Nice try with the ‘aww, kids’ method. Did you just pull em from around the block before entering the building? Lolz
Ring…ring…ring
Hello
Hello China?
Yes
Hi, do you want to make FoHawx?
No
OK thank you
Just an update to this company, they went out of business 2 months after this was televised. Unfortunate to say , Kevin was right.
Wake up and smell the bankruptcy hahahahaah
He comes up with the funniest 1 liners 😂
This is a classic example of wishful thinking…they are chasing a dream fair enough … but you have to acknowledge facts…the sales are not there
I think the moms took the comments personally. In reality, they are very hard working and committed. No question on that. But they also should see reality.
It takes more than commitment to be successful.
-Mark Cuban
I actually dont think its a bad product. I think alot of kids would love it. The manufacturing cost needs to be around $2.50 then sell it at Walmart for around $9-$10. But the 2 Moms need to learn how to listen. But i think it could be a success.
Barbara: I'm out for sure! ahahaha)))
Blondie, shush, sit down sweetie... take 2 seats, one for you and one for your silent partner!! 😮🎉
This is why I got my a fun silly helmet, since birth she basically has always heard me say how a helmet saved my life when I crashed my bike head 1st into a pole and I cracked my helmet
Barbara said what needed to be said.
Barbara woke up this morning “¥awn I’m out” 😂😂
"There is no competition" ARE YOU KIDDING
I believe adding unverified equipment to a piece of safety equipment affects the integrity of the safety features and would probably void any type of warranty and/or safety guarantees. Be leery if purchasing these types of add-ons, I would never allow my children or adult members of my family to "add-on" anything like this. Stickers, sure but never something like this. Sorry ladies.
Wake up and smell the bankruptcy. 😂😂😂 That says it all 👍
Barbara fighting tooth and nail to say she's out
Apparently being a mom means you get to believe in alternative facts
You just made the helmet bigger 😂😂😂😂
Why are people from Jersey so argumentative??? She did it to herself bc she wouldn't agree with them. Rich people always like you to agree with them, they say they want the truth but really they want you to say yess your right bc rich people are know it alls duhh!!!
When the Sharks were sharks...
She looks and acts like Skylar from breaking bad
625 per store in one year really is pretty insane lol
Two biggest airheads ever in the tank
Wake up & smell the bankruptcy 😂
Such a hard to remember, crazy name as well "Föhawx"...
Its been 2 weeks and I cant find it
Honestly, I think Faux Hawks could be a hit if they just adjust their pricing strategy!
They are a perfect example of when narcissists try to do a business and lie to look good and say anything to the point they are blind.
I knew from the jump Barbara was fighting to talk just so she could say she was out. Why is she even on this show anymore....
The lady in the red shirt knows better
I remember this episode 😂😂😂😂😂😂😂🤣🤣😂🤣
This lady doesn’t wanna listen to the ones shes asking for money. I feel bad for her husband
There is that nasty Jersey attitude. Karen’s like these are why I hate Jersey
Mark is right though, they just could focus on 1 store first rather than force themselves into many stores and have low sales
She gives "My husband left me because he couldn't deal with me having an affair" vibes. I knew the moment she walked in, that she was one psycho lady.
Why are Barbara and Daymond even on this show.
Daymond: I know nothing about everything thats ever been on this show Im out.
Baraba: The only time I chime in is to tell people I'm out.
Those things look absolutely ridiculous.