These guys didn't want a deal. They just wanted the free ad. They're probably already thinking about raising a ton of money from other VCs at a higher valuation.
You do realise that the company is now worth around 400 Million and the two of them have a net worth of 100 million each( greater than 3 of the Sharks) So, SMART GUYS AND GOOD DECISION
I think it’s because this one allows the customer to calibrate the mattress while actually using it, during the hundred days. From what I’ve seen, Casper and the like allow you to customize it before buying, and you can return it free of charge after a while, but you can’t actually change the mattress once you get it.
You do realise that the company is now worth around 400 Million and the two of them have a net worth of 100 million each( greater than 3 of the Sharks) So, SMART GUYS AND GOOD DECISION
These guys didn't want a deal. They just wanted the free ad. They're probably already thinking about raising a ton of money from other VCs at a higher valuation.
you are right.
worth now 500 million now 😅😅😅
And just like that the publicity gained from going on Shark Tank increased their 'organic' website traffic back up to where it was 😎
You do realise that the company is now worth around 400 Million and the two of them have a net worth of 100 million each( greater than 3 of the Sharks)
So, SMART GUYS AND GOOD DECISION
Let's really crank up the background music for us oldies
So they don’t ask for profit numbers and cost of goods?
Pitches can last over an hour. We never see the entire thing.
I heard talk about revenue but did I miss the part of profit or margins ?
Didn't even discuss Profit margin.
Sucked in because now they are valued at 400 million
Awesome 🎉
When Andrew give an offer it means that that is a good business
They didn’t want an offer. Free publicity
this show is a joke guy comes gives 5% with 5m sales and he askes 25% of company
They arnt entrepreneurs, they found a product overseas & are reselling it
I would’ve countered with 10% plus a $20 royalty until you get half your money back. I reckon Steve would’ve jumped all over that.
It's cool but how is it different from Casper, or Leesa, or Purple mattresses ?
You want a bed time story with that? Turn your brain on for once and go and do the research and find out...
@@DittyBitty69ouch 😮
@@DittyBitty69jesus your rude
I think it’s because this one allows the customer to calibrate the mattress while actually using it, during the hundred days.
From what I’ve seen, Casper and the like allow you to customize it before buying, and you can return it free of charge after a while, but you can’t actually change the mattress once you get it.
If an investor requests a royalty they implying that they are not really in the journey with you Mark Cuban words
So this was an infamercial for a company we all know
What happens when you get too greedy-big suprise.
Always get a shark in a deal because they swim all over the market mate. bloody dumb duck .
SMART GUYS . BAD DECISION .
You do realise that the company is now worth around 400 Million and the two of them have a net worth of 100 million each( greater than 3 of the Sharks)
So, SMART GUYS AND GOOD DECISION
@@abhinavmaheshwari6971