We all have a tendency to make fun of Barbara but her portfolio has the most successful businesses to date per Mark Cuban. She only invests in companies that she knows she can command a VERY strong ROA.
Being valued at approx. 8 million USD when you are already valued at $81 Million really shows how much they value the sharks. I personally wouldnt have come down so much. They already came down from 81 to 20 mil. I hope this partnership does wonders for them. Also surprised how other investors agreed for this much dilution. Congrats to them ! 😊👍
@@nod2009 Maybe. But It’s a loss from previous investor’s POV because if I am paying 100k to get 10 % and other person is just paying 10k to get 10%, I certainly won’t be happy about that. It’s all good if the previous investors are fine with it.
The deals on shark tank are mostly over own shares. So if the 2 own 58% of the company they give the sharka 7% then they own 51%. The other investors dont get diluted by this onlynif they take the 7% from all shares.
You are missing the punch, those shares value is being given at a discount on their shares and not diluting the existing cap table. There is no way the previous investors would allow this and by the way, shark tank is an entertainment show and has little to no value beyond the initial splash advertising ! Its a fact that most of them have not recouped the investment from the companies so, so much for the value you think shark tank has and provide to entrepreneurs .
Loved this pitch so much! These guys can really negotiate, they know their business 110% and Tony seems like a great partner for them. Wishing them the best and I hope to see this product everywhere
The thing is it doesnt. Medical bottles is like 0.000001% of plastic waste. And they dont make a change cause they use more gas for transport for the less plastic in product. Its the same. But ita just a feel good product for millenials cause they like to buy products that are marketed enviromental friendly or some other bs. What would make a change is just make a law that pill companies dont use the bottles more.
@@chrisbeeken No. The dude went to IU. He wasn't born into money. He's a good business man but it always seems like on this show he's trying to call out someone like they're a scam artist or something.
@iinntthhuu - re: "Jesus" .... 1. do you often write to Jesus Christ via TH-cam comments? 2. ever get a response? 3. if not, try Allah Muhammed for a response.
@@warriormanmaxx8991people all around the world our entire culture use the name of Jesus in vain because the Name of Jesus is the Only Name That Has Power.
I just bought my first bottle from Cabinet on Amazon last week for a really good price compared to all the other brands in plastic bottles. I had never heard of them before and I had no idea they were on Shark Tank until now. I love everything about these glass bottles and this company. I checked out their website and they also offer personalized bottles for your prescription meds.
Wow a sustainable product I would ACTUALLY want to switch to especially because of the affordability. I would definitely switch over if I could buy it on Amazon or in retail stores bc those are more convenient for me.
You can! I just searched them up on Amazon and they have a few products online. They also have a message that pops up on their website stating that they are in 700+ CVS locations.
My ONLY problem here is that they kept saying they save the user money. I looked at the refill pouches on their website, and they are more expensive than the generic… and you get 3x less the count of acetaminophen. I will def get on board when the prices go down. I’m surprised other sharks didn’t give offers, but I do agree that they have a long road ahead getting approval for each new OTC drug packaging.
When it comes to healthcare industry Mark is always thinking it's some sort of scam and hates anything like that from the start. I don't blame him though, He has seen a lot of scammers in the healthcare. Ear Bluetooth implant anyone lol.
The ear bluetooth episode gave me major anxiety and freaked me out. Needing a surgery, having permanent earphones and passing a cable through my ears for a charge. Pass. 😂
They lost money when they make 25 mil. Something is off. Not to mention there is nothing proprietory about producing otc medicine in a recycle packaging.
@ChristianWilson1 - *aneurysm = 1. how would you know you are getting an abnormal bulge, or ballooning in the wall of a blood vessel ?!? 2. you may have a legal case. 3. contact an attorney.
I love the idea but I see why some of the sharks said that they were out. We should have 14 million in sales but having a negative Net profit is ridiculous to me. Plus they raised over 13 million. Where did all that money go to? Hopefully having two sharks in the company will help them to turn that negative net profit into a positive one.
Biotech companies are cash furnaces. They burn through millions like its nothing. Most large biotech companies spend billions in research and development, so I'm not surprised by their lack of profit. Ultimately, a company like this is just looking for a buyout. They'll get some billion dollar offer and they'll sell.
The problem that they described with the FDA approval just because of packaging changes is the EXACT reason why healthcare in the US is so expensive. Regulation has driven cost up and Insurance is working directly with Pharma and medical to allow it to drive higher and higher.. it should cost a million+ a year for a single MRI machine to be inspected by a government agency.. Other countries are doing that same process for less than 20k.
They should sell the containers to anyone who wants to buy it online for personal use, no need to get FDA approval. When Mark gets huffy puffy about something, he is showing his real teeth.
I'm sure they do to an extent but they still need repeated business. So if you sold the container with only the initial amount in it and not the refills that would cut the number of approvals in half but you'd have no ongoing business. If you just sold the containers then It's not even a business. Any Chinese manufacturer on temu could just undercut you and even if they didn't you'd get a one-time sale
Barbara: look you guys are gonna change the world, this is innovated, I don’t want to eat my credit cards I want to use them, I want to make a deal I love you guys and for those reasons I’m out.
Nightmare idea. Large international pharmaceutical companies spend *billions* doing stability testing for packages. They ultimately choose the most robust packages. Non-plastics will never work for this reason.
1. What is with the low volume?!? 2. When the entrepreneurs are talking, there is NO need for the background dramatic music overture !! 3. When the commercials come on ... BOOM!! ... High Volume Wakes Everyone Up In The House !!
Robert looks different in this episode
He’s the owner of door dash lol
Probably high
💀
@@millimetr_peterjokes on you😂
Hes just messing around
Yes he does but I can't quite put my finger on it
we knew Barb was out the moment the episode started
😂
We all have a tendency to make fun of Barbara but her portfolio has the most successful businesses to date per Mark Cuban. She only invests in companies that she knows she can command a VERY strong ROA.
@@CliftonMoore123456789she only invests when the men walk in shirtless 😂 (I'm kidding)
I thought the statistic was equivalent to consuming a credit card every year, not every week….anyone know if that’s actually true?????
To be honest they are actually the best thing ever I purchase over one thousand and for those reasons I’m out
you guys are consistent with these low audio videos
Here listening with great audio 👍
🤣@@millimetr_peter
facts
srsly even at full volume and fans off, I dont get enough sound.
@@SHAILESH506 lmao the fans😂
guys dropped from $81M to $7M valuation and say at the end "we took a slight valuation hit"🤣
great spirit and motivation
If you believe him... nothing in this pitch makes sense.
It never closed. Cuban smelled a rat on the finances a mile away.
@@knkinambuga exactly!
@@knkinambugawait really
Why you lying?? It closed @afrofantasylit
Mark got super humbled this episode.
He was hatin
@@Muted3they did come
Good, he needs it
He was being a real hater. I think je just didn’t understand the industry - should’ve just said that
Dude look up cost plus pharmacy, mark kinda knows this industry in and out
Doesn't Mark run a drug company? Seems like he was overly aggressive with them because of that?
He was shocked that they make no profit on huge income, waste a lot of money and seem sketchy.
@@Lommy9999no most likely not
He owns a drug company, but he doesn't run it. Alex Oshmyansky is the founder and CEO.
@@Lommy9999actually no cause they raised money
I think it didnt exist then.. I think this was shot in 2021
Being valued at approx. 8 million USD when you are already valued at $81 Million really shows how much they value the sharks. I personally wouldnt have come down so much. They already came down from 81 to 20 mil. I hope this partnership does wonders for them. Also surprised how other investors agreed for this much dilution. Congrats to them ! 😊👍
Or maybe, those who accepted the 81M valuation were just completly out of reason and now the valuation is right... who knows?
@@nod2009 Maybe. But It’s a loss from previous investor’s POV because if I am paying 100k to get 10 % and other person is just paying 10k to get 10%, I certainly won’t be happy about that.
It’s all good if the previous investors are fine with it.
The deals on shark tank are mostly over own shares. So if the 2 own 58% of the company they give the sharka 7% then they own 51%. The other investors dont get diluted by this onlynif they take the 7% from all shares.
You are missing the punch, those shares value is being given at a discount on their shares and not diluting the existing cap table. There is no way the previous investors would allow this and by the way, shark tank is an entertainment show and has little to no value beyond the initial splash advertising ! Its a fact that most of them have not recouped the investment from the companies so, so much for the value you think shark tank has and provide to entrepreneurs .
No they actually got a 15 million dollar valuation on this deal because they got 1 mil for 7%
Loved this pitch so much! These guys can really negotiate, they know their business 110% and Tony seems like a great partner for them. Wishing them the best and I hope to see this product everywhere
I love entrepreneurs and products like this. It changes and makes the world a better place. Thank you to the sharks to believes in this cause.
so so naive.
The thing is it doesnt. Medical bottles is like 0.000001% of plastic waste. And they dont make a change cause they use more gas for transport for the less plastic in product. Its the same. But ita just a feel good product for millenials cause they like to buy products that are marketed enviromental friendly or some other bs. What would make a change is just make a law that pill companies dont use the bottles more.
@general9294better then living in a fairytale
@@haralds4145you can't hope to change everything overnigh
@@haralds4145you know plastic bottles have to be shipped too right? This obviously saves lmao
Mark got jealous in this episode he didn’t figure it out 😅
100%
You know it’s going to be an ultra high valuation when they don’t mention the ask first thing in their pitch but rather last
I actually thought this would be the perfect deal for Mark. I guess he didn't think so. 🤣
Mark has his own mission so possibly wants to avoid any distractions.
Mark his feelings hurt cause, they schooled him.
@@Speakout555 yeah mark was pretty clear he didnt like them.
He was so annoyed by them. Don’t know why because they are smart and successful.
Mark has his own Rx business so this could be a conflict of interest
Mark is such a dick sometimes. Based on limited information just reacts. Hopefully for tv.
4:35 Me when I look at my bank account balance.
😂😂
I am more like 6:08
@@samuelrodriguez8613😂
I bought from his company before. I saved over 400$ this YEAR alone so far by supporting this business.
how?
@@zeus-yz6gsdid you watch the pitch or no? Customers save 20-30% a year.
i did
*$400
And made them more money than that
Mark thinks he knows everything in all situations
Cuz he usually does lol. And it's funny that you feel threatened by him
exactly!!! He can be very arrogant sometimes
@@chrisbeeken No. The dude went to IU. He wasn't born into money. He's a good business man but it always seems like on this show he's trying to call out someone like they're a scam artist or something.
True
@@haribk8433the arrogance in this one is because Mark has his own pharmacy company
"I'm gonna Doordash up to you guys right now."
Someone tell Kevin to never do that again.
is it just me or the audio is low?
it's too low
Very I got an ad and my ears blew out
@A11A1 - do you tend to blame self for everyday occurrences in daily life, too?!?
The sharks didn't believe what Mark said and now he's chapped lol
This company will be over the world, their products are life changing and advanced
It's nothing special. Just the packaging is recycle.
@@Lommy9999there's always a hater 😂
@Lommy9999 the company needs money to make more. It's the type of company that major sharholder companies like black rock go after.
@@Lommy9999my boy you’re broke talking about change. You don’t even got change in your pocket for that Big Mac you’re hungry for.
@@Lommy9999 true. same old pills with different packacking.. nice try.
Kevin: every time I get a royalty, I feel warm and fuzzy 😂 He's hilarious
Jesus mark got owned and then he wanted to rush them out the tank lol
@iinntthhuu - re: "Jesus" .... 1. do you often write to Jesus Christ via TH-cam comments? 2. ever get a response? 3. if not, try Allah Muhammed for a response.
@@warriormanmaxx8991people all around the world our entire culture use the name of Jesus in vain because the Name of Jesus is the Only Name That Has Power.
jesus whats wrong with people
Mark’s face @4:35
😂😂😂
He’s like GTFOH!
Kevin's like " Did I Hear A Royalty "?😂
Tony didn't came to play. He has more deals than Daymond lmfao
Next up... can a you tube channel learn to use its volume correctly.
I just bought my first bottle from Cabinet on Amazon last week for a really good price compared to all the other brands in plastic bottles. I had never heard of them before and I had no idea they were on Shark Tank until now. I love everything about these glass bottles and this company. I checked out their website and they also offer personalized bottles for your prescription meds.
Mr wonderful’s dance at the end 😂
Wow a sustainable product I would ACTUALLY want to switch to especially because of the affordability. I would definitely switch over if I could buy it on Amazon or in retail stores bc those are more convenient for me.
Your right. They should have made a product of the items alone
You can! I just searched them up on Amazon and they have a few products online. They also have a message that pops up on their website stating that they are in 700+ CVS locations.
@@compilationvideos4489*you're
I just bought Cabinet health at Target!
My ONLY problem here is that they kept saying they save the user money. I looked at the refill pouches on their website, and they are more expensive than the generic… and you get 3x less the count of acetaminophen. I will def get on board when the prices go down.
I’m surprised other sharks didn’t give offers, but I do agree that they have a long road ahead getting approval for each new OTC drug packaging.
I knew Kevin would want to be in this one. This is basically the Blueland in pharmaceutical industry.
Any episode without that baby, Daymond, is a good episode.
sometimes i really don't understand mark
Mark hates the pharma industry
Well you're not a billionaire so..
He’s arrogant, dismissive, condescending, and seems to think that he’s always the smartest guy in the room. That’s all there is to understand.
Lori always looking like she just left a Lady Gaga music video…
Who else is watching this during their lunch? 😂
Its 8pm, so no
@maarten_ but there's only 1 time zone
judge judy and shark tank every lunch dinner
Hey @edwardjraya - 1. how about eating your lunch quietly? 2. you do not need to know "who else" is watching during lunch. 3. ehhh?
I’m at the airport
Whoever runs this channel really needs to fix the audio volume issue.
When it comes to healthcare industry Mark is always thinking it's some sort of scam and hates anything like that from the start. I don't blame him though, He has seen a lot of scammers in the healthcare. Ear Bluetooth implant anyone lol.
The ear bluetooth episode gave me major anxiety and freaked me out. Needing a surgery, having permanent earphones and passing a cable through my ears for a charge. Pass. 😂
Again, another video you can almost hear. Fantastic.
A better solution is less toxins in our food and more exercise to get people off the meds..
Mark is so over the show…omg!! Why so harsh!!?😂😂
Love those guys some of the brightests entrepreneurs on the platform
1:36 lori reaction after hearing their valuation 😂
I am surprised Mark didn't go wild in this. Mainly because anything relating to Medical.
They lost money when they make 25 mil. Something is off. Not to mention there is nothing proprietory about producing otc medicine in a recycle packaging.
You've got to boost your video sound. They're always way too quiet.
First time mark called the BS but got cleared out politely!
The best part about quiet videos is that the ads are extra loud 😍
Mr wonderful is the best 😂😂😂😂
The audio is causing me to get an anuerism every time an ad pops up
@ChristianWilson1 - *aneurysm = 1. how would you know you are getting an abnormal bulge, or ballooning in the wall of a blood vessel ?!? 2. you may have a legal case. 3. contact an attorney.
“You are not a buff hot guy who asks me to come up and try a product…while holding me by the waist..therefore I’m out”😂😂😂
Those guys came to make a deal💯
I love the idea but I see why some of the sharks said that they were out. We should have 14 million in sales but having a negative Net profit is ridiculous to me. Plus they raised over 13 million. Where did all that money go to? Hopefully having two sharks in the company will help them to turn that negative net profit into a positive one.
almost all biotech companies are like that. They burn most of their money in research and development.
Biotech companies are cash furnaces. They burn through millions like its nothing. Most large biotech companies spend billions in research and development, so I'm not surprised by their lack of profit. Ultimately, a company like this is just looking for a buyout. They'll get some billion dollar offer and they'll sell.
An episode without Daymond is a good episode 👏
What? Why?! I like the guest sharks but Daymond is gold.. although him and Barbara seem to just be showing up for the face time at this point
@@Navani456yeah because they never Invest anymore
An episode without Mr. Inferiority complex is a good one.
@@BroCoolFirethey probably ran out of money
What you got against Daymond☹️
Mark is salty bc these guys could be competitors to MC's Cost Plus Drugs.
The problem that they described with the FDA approval just because of packaging changes is the EXACT reason why healthcare in the US is so expensive. Regulation has driven cost up and Insurance is working directly with Pharma and medical to allow it to drive higher and higher.. it should cost a million+ a year for a single MRI machine to be inspected by a government agency.. Other countries are doing that same process for less than 20k.
They should sell the containers to anyone who wants to buy it online for personal use, no need to get FDA approval. When Mark gets huffy puffy about something, he is showing his real teeth.
I'm sure they do to an extent but they still need repeated business. So if you sold the container with only the initial amount in it and not the refills that would cut the number of approvals in half but you'd have no ongoing business. If you just sold the containers then It's not even a business. Any Chinese manufacturer on temu could just undercut you and even if they didn't you'd get a one-time sale
exactly this
there biz model seems very complicated and very excessive
@@chrisbarry9345 Then shut it does, it's not a long term viable business, maybe Mark is right in his apprehension
You should lower the audio level even more so we can all be incentivized to become expert lip readers.
The volume is too low on all these latest uploads
Without any research, feels like these guys won't close the deal after the show.
We learn so much even when the Sharks say no!
Barbara: look you guys are gonna change the world, this is innovated, I don’t want to eat my credit cards I want to use them, I want to make a deal I love you guys and for those reasons I’m out.
Why is the audio quallity soo low 😞
Seems fine for me?
It's not😂
@@DOC_951FR.
@@Lexi_slayer88 I see multiple comments complaining about the same audio prob
@@abhishekpawar1902 then there's something wrong with your device get it checked
That’s the door dash guy?! That dude owes me a lot of money 😂
It's be nice if you could hear it. The volume is so low while mine is turned to the max
Barbra:"I had pancakes for breakfast, and for that reason I'm out."
They really need to fix the audio on these uploads it’s embarrassing
Cuban runs a competition so he calls it BS straight away 😅
Is the volume very low for you guys?
No! Volume is only low for the gals !!
Oh come on y'all....guys is not just for males....the word is used for everyone.....
That credit card fact has been widely challenged.
Easily one of my favorite pitches and businesses and I’ve seen A LOT
At 9:08, the "Oh $h!t" cartoon bubble appears above Mark's head.
why is the volume so low?
Bro FDA approval for each pill lmao 💀
Barbara: You have a business and I'm not interested, I'm out
Here we go with the low Audio ... again ... its easy just push the master key up when your done editing the video ..
fix the audio/volume level
Why is the volume so low? I can barely hear anything
Why the volume so low
love the volume
Hey @AlexAK - do you tend to state the opposite of what you mean in daily life, too?!?
Why is the volume so low???
Very low volume
this would have been a good investment for mark since he has a pharmaceutical company
Is anyone gonna talk about the blue socks that mark wore? 06:11
Barbara: "this will be too easy and make too much money, so I'm out."
5:07
Opex gonna mess up the sustainability part tho.
Barbara out? Who would have guessed? Caught me off guard. Haha
I want those bottles, they’re so cute!
I love eating while watching this show ❤
Me tooo
Tony Xu was brilliant haha
why is the volume so low lol
They basically just paid for advertising and the sharks just made an easy 500 grand
Barbara: This buisness is going to have expenses and for that reason I'm out
No one…… Kevin: is there an offer at the end of this
audio sucks watching it from pc, don't know why
its not only you
It's not just pc
But the OTC meds are not the brands of choice by each consumer.....
Nightmare idea. Large international pharmaceutical companies spend *billions* doing stability testing for packages. They ultimately choose the most robust packages. Non-plastics will never work for this reason.
imagine buying in for a 80Mil evaluation and then seeing these guys get a 7Mil valuation + royalties lol
I remember when I had a job I would take off Tuesday and Wednesday nights just for shark tank and the profit!
1. What is with the low volume?!? 2. When the entrepreneurs are talking, there is NO need for the background dramatic music overture !! 3. When the commercials come on ... BOOM!! ... High Volume Wakes Everyone Up In The House !!
What an amazing product, great presentation. So happy for the four of them that they made that deal!