Robert looked so disappointed because they sold out.😂 As Mark says all the time "it's ok to stick to your guns." They didn't. But hey, they got a deal.
I'm an adult and love these frames. They are lightweight. The toppers are thin. It's so fun to wear a different pair each day without spending what it would cost for different frames and lenses. I'm sold on these!
This video just proves the sharks have preset officers, well before the presentation is given. I remember when this was more (if not seemingly more) spontaneous. Guess they don't want to miss the next "Blink doorbell camera."
Great ending to this. I found this in a google search. They're doing great and most likely paid the sharks off entirely: As of 2023, Pair Eyewear remains in business and has grown immensely. In fact, the company now has brand deals with large companies such as Marvel, Sesame Street, Harry Potter, DC, ad many more. I also saw in the same report that they are doing great things for kids: Continuing on with their undeniable successes, Pair Eyewear now has raised over $12 million to support millions of kids in need of glasses. This donation has not only given these children a means of self-expression, but it’s given them the message that change is possible. In addition, their partnership with The Eyelliance still stands in 2023 - if you purchase a pair of their glasses, they’ll send a pair to a child in need.
Both sharks make their money back and then some with this royalty deal and the 10% stake. I'm not sure who gets the better end of this deal but I'm happy with the results.
I'd say the sharks since they will eventually recoup their initial investment with that royalty alone and then got a free 5% equity each. Just watch the money come in
Any time it's a royalty deal, it's a win for the shark. Because he/she will get paid per sale plus the shares from the equity deal. That's why it's always bad to consider royalties if your margins aren't that big and sales aren't that good yet.
Essentially, had it been a $1 royalty until the investment is returned, that money ($1) would come out of the profit from the direct sales of the product (400K units). After they sell 400K units with a $400K return off the $1 royalty, they will continue to make money of the company's gross profit at a 10% equity stake. Instead they got a $1.50 royalty, so they'll recoup their money after about 267K units instead.
Thats why they got a royalty lol, their capital is safe and not straight up equity. It doesnt matter what its worth if they are getting royalty paycheck
I personally never really changed my frames nor have I wanted to since I’ve gotten my glasses . Every time you change the frame it takes a while to get used to
طاب يومكم اعزائي الملائكة والسلام عليكم فك قيود الملائكة الساقطين بالسلاسل الأبدية في أعماق الظلام واطلاق سراحهم واعادة الملائكة الساقطين الذين تم طردهم من السموات وتزويجهم من نساء الجنة وبناء قصور لهم في الجنة واعادتهم لعبادتهم في السماوات .عدا الشيطان ابليس حتى يسجد لادم في قبره وموضعه في السماوات. مستشار الخالق
stop crying about the title bruh are yall watching for the ideas or for the f*** deal? grow tf up and stop crying , woohoo THEY TOLD YOU THEY GOT A DEAL , AW MAN LETS HUDDLE UP AND WHINE LIKE A LITTLE BEOTCH ABOUT IT. to the uploader : most of are watching sharktank cause we are interested in the ideads or products theirself so we DONT mind how you label the title. KEEP DOING WHAT YOU'RE DOING 😊
I got a feeling Lori and Katrina team up on this one.
Lori never invests buy herself.. very rare if she does. She is learning from the others...
😂
I'd like to see Lori and Katrina 69 each other....
Me watching this like I don’t know the outcome and aren’t currently wearing their adult frames
STOP RUINING THE RESULT WITH THE TITLE. PLZ & THANKS
Agreed and sometimes the top comment tells if successful or not spoiling it lol
Who reads the title? Just click and watch.
@@ejicon3099 everyone reads the title so they know what its about and are interested in watching
@@hayley8957 I guarantee you most youtube Shark Viewers just click the thumbnail and hit play.
Hey the video content is THEIRS. If you don't like don't watch it...
3:20 Kevin when hears royalty 😆
🤣🤣🤣🤣🤣 best camera catch I love Kevin
Robert looked so disappointed because they sold out.😂 As Mark says all the time "it's ok to stick to your guns." They didn't. But hey, they got a deal.
I have these glasses and I love being able to change them out with different tops.
Love my Kirby glasses and toppers! Super light and comfortable and perfect for me.
Kevin....don't you wish I never taught Lori about royalties....🤣
I'm an adult and love these frames. They are lightweight. The toppers are thin. It's so fun to wear a different pair each day without spending what it would cost for different frames and lenses. I'm sold on these!
They shouldn't just do kids, but do the grown-ups too. Double the money baby. I hate wearing the same frames too.
Same
They have adult frames now too
they have some for Adults and Kids now 🔥 a lot of new designs too 🤙
They have adult frames. I have the Wandas and love them.
I have the Kirby - loooooove them!
Anyone watch this and immediately think of Steve Martin in The Jerk?
Great Company , Great People ! Glad To have joined such a diverse and dedicated Team 🔥
This video just proves the sharks have preset officers, well before the presentation is given. I remember when this was more (if not seemingly more) spontaneous. Guess they don't want to miss the next "Blink doorbell camera."
Amazing creation!
Great ending to this. I found this in a google search. They're doing great and most likely paid the sharks off entirely:
As of 2023, Pair Eyewear remains in business and has grown immensely. In fact, the company now has brand deals with large companies such as Marvel, Sesame Street, Harry Potter, DC, ad many more.
I also saw in the same report that they are doing great things for kids:
Continuing on with their undeniable successes, Pair Eyewear now has raised over $12 million to support millions of kids in need of glasses. This donation has not only given these children a means of self-expression, but it’s given them the message that change is possible. In addition, their partnership with The Eyelliance still stands in 2023 - if you purchase a pair of their glasses, they’ll send a pair to a child in need.
So basically they are helping corrupt the youth.
I found them at America's Best(who they recently partnered with),
Really good invention!!!!!
Just ordered a “pair” 😂
Love my pair
Simple concept you already see in the cell phone industry with switchable cases and covers.
Both sharks make their money back and then some with this royalty deal and the 10% stake. I'm not sure who gets the better end of this deal but I'm happy with the results.
I'd say the sharks since they will eventually recoup their initial investment with that royalty alone and then got a free 5% equity each. Just watch the money come in
@@TWINSNAKE47 Yup. Exactly what I was thinking.
Any time it's a royalty deal, it's a win for the shark. Because he/she will get paid per sale plus the shares from the equity deal. That's why it's always bad to consider royalties if your margins aren't that big and sales aren't that good yet.
Royalty is the same as a loan, only difference would be that the shark loses if the business fails.
@@bestillfarm1645 I can see that.
i love how they had a yellow frame for this but Pair does not have a yellow frame.
Lori squeezing them for another .50 cents on a royalty is so pathetic tbh lol
I love my glasses ❤❤❤
KEVIN Is there a offer in the future?
I got laser eye surgery
I wear glasses everday but i also dont like glasses, and for that reason im out 😂
Can someone explain how you can make money off of a $1 royalty? I’ve never understood that part.
Essentially, had it been a $1 royalty until the investment is returned, that money ($1) would come out of the profit from the direct sales of the product (400K units). After they sell 400K units with a $400K return off the $1 royalty, they will continue to make money of the company's gross profit at a 10% equity stake. Instead they got a $1.50 royalty, so they'll recoup their money after about 267K units instead.
greedy deal should've stuck to their guns.
The seller man is Gormless.
bad deal for the sharks! it's literally just something to cover glasses & they bearly have any sales... it's not worth 4 million
Thats why they got a royalty lol, their capital is safe and not straight up equity. It doesnt matter what its worth if they are getting royalty paycheck
Cool invention.
Smart kids
Sweet!
I personally never really changed my frames nor have I wanted to since I’ve gotten my glasses . Every time you change the frame it takes a while to get used to
It's like changing your shoes. Theyvdeel different but still work
Lori and Katrina are bullies
They did grea4😅
Really smh great idea
Title editor = dog
Too expensive sadly
Nerds unite
طاب يومكم اعزائي الملائكة والسلام عليكم
فك قيود الملائكة الساقطين بالسلاسل الأبدية في أعماق الظلام واطلاق سراحهم واعادة الملائكة الساقطين الذين تم طردهم من السموات وتزويجهم من نساء الجنة وبناء قصور لهم في الجنة واعادتهم لعبادتهم في السماوات .عدا الشيطان ابليس حتى يسجد لادم في قبره وموضعه في السماوات.
مستشار الخالق
Don't you think the magnetic magnet will damage their brains??
start wearing glasses as a kid and your eyes will only get worse
👼😇✝️psalm 91 and 34:7the angel encamps in those love God and defend them and keep all the ways Wonders Worlds Images tv Channel Bible 🦁🎮. Shark Tank.
Complete Nerds.
There are to heavy!!!when you swet this run down from your nose!! There are not nice some look very bad!!
Why yall spoil the video by saying who makes the deal in the title?
That nerd is like 🤓
Mommy Lori
stop crying about the title bruh are yall watching for the ideas or for the f*** deal?
grow tf up and stop crying , woohoo THEY TOLD YOU THEY GOT A DEAL , AW MAN LETS HUDDLE UP AND WHINE LIKE A LITTLE BEOTCH ABOUT IT.
to the uploader : most of are watching sharktank cause we are interested in the ideads or products theirself so we DONT mind how you label the title.
KEEP DOING WHAT YOU'RE DOING 😊