Shark Tank US | Mark Outbids Lori In UMARO Deal
ฝัง
- เผยแพร่เมื่อ 28 ส.ค. 2022
- Beth Zotter and Amanda Stiles are seeking $500k for a 2% stake in their company UMARO.
From Season 13 Episode 18
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Shark Tank US | Mark Outbids Lori In UMARO Deal
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The fact that Mark didn’t do his “ answer now or I’m out” shows how much he really wanted this
I hate it when he does that.
@@bodhi8260 same it's absolute bs chokehold imagine how he'd be like to work with
He was definitely trying to say that before Lori got loud
@@bodhi8260 well he's billionaire while doing that, kekw
That's Cuban the vegan !!
I like how the title immediately gives away the outcome, completely ruining any tension that could have developed. It's like watching sports highlights of your team and the title gives you the score. Well, there goes the fun of finding out what happened!
I agree, knowing the outcome that the company even gets a bid, ruins it for me.
I didn't click cause of title, TL:DR
I like when people complain about free content
@@danielpak7264 Haha. The real entertainment is in the comments
@@danielpak7264 It's a constructive recommendation to the creators and not a "complaint". I'm a video editor, and this is something we've discussed in the industry as a very LAME practice. Anyways, thanks for the comment I was expecting!
LMAO Lori tried pulling the women card with them yet still lost 😂😂
It's all about money
She does everytime
Money over emotions
Get WOKE go BROKE
Literally, if I was woman, I would be offended. What does it matter, they can do it without having the "woman" empowering card...
The binge watching power of this show in unbelievable.
Deadass lol
been there
For real 💯💯💯
binging in perpetuity
True. You just can’t say „I‘m out“! 🤷🏻♂️
I really respect Mark for the deals he makes. Hes really trying to change the world. BTW please stop putting spoilers in the title.
Vegan is just a trend right now. Imagine ww3 starts, which will soon, do you think people will have the luxary to choose what they will or will not eat? No. They will eat what ever they can find.
SPOILERS SUCK!!
I agree, I like when I don't know if they get a deal or not
I dont understan why vegan people uses name like bacon... they hate bacon... They shoud have their own vegan names
@@alfonsgrizzly5558 facts
As per the latest Shark Tank Update, Umaro has a net worth of $70 Million USD. Umaro generates $5 million in revenue annually. Mark Cuban invested $1 million in Umaro Bacon for a 7% stake in the company. In addition to Cuban's investment, Umaro raised over $12 million more from outside funding.
I wonder how they went about harvesting seaweed from the sea that is not contaminated by chemicals and nano plastics found at sea. They will have to set up stringent quality control processes during the production phase at the manufacturing company and that will cost them tons of money. 🤔
@@4evertrue830wrong they do not need to grab from the sea when they can make there own and grow there own
Robert's face told me everything I needed to know 🤣🤣🤣
His reaction can turn people off plant based foods totally
😂😂😂😂😂
So for sure never try the chewy bacon lol
@barbywhittaker8762 - Robert's face ... was not the only Shark face.
Exactly. Why do these plant/vegan types always shape everything they make to look like meat? It ain't bacon that's the problem with unhealthy people. Some good ole bacon in moderation ain't the issue. It's insane amounts of bacon with little to no exercise that's an issue. Killer pasture animal farts narrative isn't enough to convince me.
The patent to use seaweed for plant based meat options is massive value. No wonder Mark went for a huge deal for just 7%. He knows that even if their meats don’t sell that well, he could cut a deal with a major plant based meat manufacturer for royalty or selling off the patent outright for $100s of millions
They have patent application! That is not a patent! That means they are still waiting for a patent.
there is no such thing. they have a patent on their process not on making meat!!
@@jomangeee9180 They dont have patent on anything. They just did patent aplication. I can do patent aplication on anything...dosent mean it will get aproved!
@@aljosaskrabelj8412 I put a patent on your mom
A lot of hot air here. Beyond Meat was plant based/vegan too and overhyped. It's not doing as they touted in its infancy. Tired of hearing the killer cow fart narrative. You want to eat plant based meats be my guest. You want to be in denial so much that you shape plants into things that look like meats that's fine. There's nothing unhealthy about bacon. There is something unhealthy about a completely sedentary lifestyle and eating absurd amounts of bacon. Let's get people off colas, corn syrup infused foods/drinks, hydrogenated oils, and other overly engineered foods but some good ole bacon every now and again with a vigorous and active lifestyle doesn't need seaweed engineered bacon to revolutionize anything.
That is the maddest Lori has ever looked. I think she thought the girl power was going to shine through...
The girl power thing was a loser for me.
@@takeontravel9076 would have worked, but she doesn't have the contacts in that field. Or experience
Money talks and they squeezed an extra percent
That was BS. I wouldn't be surprised if that made them not choose her
@@danielpak7264 250k on round value to toehr non shark investments
“I don’t eat protein, hate the ocean & short haired women. For those reasons, I’m out” - Barbara
She wasn’t in the episode shut up
🤣🤣🤣
Wack
She’s so funny for no reason lmao
I laughed so hard 🤣🤣🤣
Its amazing to see how mark instantly knows this will go big. My guy doesn't invest in people coming in with millions in sales but goes with the vision and puts up 1M for 7 instantly.
We dont know if it will go big it could turn out to b a bad deal and it will take him a while before he gets his money back
@@danielpak7264 penny dropped in the ocean if his wealth. If anything he just wants the rights to the patents
They already investigate the companies before they go on the show. It's obvious.
He just wanted the patent you can observe while he's listening
He claims to be net negative on his shark tank investments.
Lori's face as she says "Bummer" is priceless 🤣. You could see jealousy filling up the tank as she pretends it's all good ... man 😂😂😂.
Same with how Cuban was jealous of Scrub Daddy, remaining salty about it many many years later despite the fact that he didn't even want to invest
The fact she said non-dilutive, makes her deal so much more greedy than Mark's.
Mark's face when lori said she wanted to be part of this deal is golden.
Lori said that Mark “outmoneyed” her. But I think a big factor for the entrepreneurs was having shared values with Mark regarding veganism.
Exactly.
If investors were gardeners, the vast majority of them would water the weeds, because they want fast growth.
Mark is the obvious choice for this product... but being the only billionare on the pannel definitely doesn't hurt.
Mark also went down to 7%. Lori knew she wouldn't. Mark can afford it lol
LMAO they offered 1 mil at 8% to Kevin but reduced it to 7% for Mark 😂
The sharks are nicer than they used to be.
@@hiimmidas they can’t bully these more established businesses that apply these past few seasons compared to actual start up companies that would appear in the earlier seasons
@@luissferman this one wasn't exactly an established business - they hadn't even sold anything yet
@@doncamfrantz yeah I don’t get how they were valued so highly when they just had a product and no sales
@@landenstephens4032 it's cuz they were women. If this was 2 guys, they would have not got the same treatment.
He didn't just "out-money" Lori, as she said at the end; not only was his deal lower equity (at the very end, when he accepted their counter-offer), but he didn't impose a non-dilution requirement like she did (for the next round).
2:10 is a reaction I’ve never seen someone eating real 🥓 have….
😂
FACTS
I mean maybe if it was hot. 🔥
For this product Mark was the best shark because he seemed to understand the value of the tech and science behind it. The consumer sales part of it will eventually come
Right when Marc yells “I’ll do that deal” you know he’s got it
What I like most is she found her partner that took her role serious. And the work and education she pursued made her a valuable piece to the overall vision.
Mark & Lori are so competitive with each other.
The lady in short hair should be an actress esp in movies with space themes
She’s giving “Ryan” from gravity
Mark just tossed $1M to them without even blinking, LOL. Sign me up for that
Then make a product someone would give a million for.
@@SESK98 oh ok. Thanks for the genius tip.
@@AirAaron88 🤣🤣🤣🤣🤣🤣🤣
@@AirAaron88😂😊
I’m glad they didn’t fall for the weak selling point of “I’m a woman too so you should accept my deal”. As Mr. Wonderful has said countless times, a good business person doesn’t let their emotions cloud their judgement.
I never appreciate how people are considered, amazing women. They are amazing people. Amazing humans. Stating that it's of some specific Special Value because they are women, devalues what it is to be a woman, in my opinion.
Yeah Lori didn’t do that well, especially against Mark
I'm a patent attorney. Patent application means you DO NOT have a patent yet.
Wow. I didn’t see that deal coming at all. very surprised by the outcome.
Same because they didn’t like it that much, except crispy
Mark: You need to raise a boatload of money
Emma, 10 seconds later: You need to raise a boatload of money
Insightful
Mark each time plant based food presented : "shut up and take my money !!"
I have never seen mark make an offer that quick 😂
@FASHION HAUL - you can never write the above again ... for the rest of your life !!
The unintentional hilarity from the fact that Shark Tank requires them to have an actual tangible product to pitch...
"We have developed a revolutionary method to extract protein from seaweed! This is changing the world! We're going to save the planet!"
"OMG, how are you going to do that?!"
"By selling bacon."
Hahah I swear how these pitches market themselves with these tall claims like revolutionary but we all know they’re just products to revolutionise the bank accounts of founders and their investors!
I watched a documentary recently and turns out animal husbandry does produce 51% of the total greenhouse gasses emissions (more than all transportation combined).
So basically switching to vegan is a step towards saving the planet, more people don't do it because they love their meat. I understand that they are here to raise money and fill their bank accounts but what they said isn't totally baseless.
@@Shreyan81298 Yeah, I'm amazed that some people still don't get how much animals have effect on climate change.
@@Shreyan81298 Oh yeah, agree. It's also incredibly wasteful - for every ten calories you put into an animal to feed it, you only get out one calorie from eating the animal. Going vegan is totally valid.
I just find it hilarious that they had to come up with a silly product to qualify for Shark Tank, when the thing that's *actually* valuable is their technology.
@@Shreyan81298 plants eat greenhouse gasses. You've been terribly mislead.
To see Mark that excited you know it’s good & love to see how they are ok with each other after wards like real adults🤙🏽 most of the time at least lol
Mark had to have been in a really good mood or just wanted to beat Lori for the deal considering he gave them the 1M for 8% they asked for, and then 7% when they countered lol.
He wanted to beat lori so bad
Robert takes a bite and spits it out
😂😂😂😂😂
Because it is not bacon, simply refer to it as seaweed strips.
Facon: bacon 🥓
I like the negotiation skills of you. You really get the best out of everything that a shark can offer
Mark the Rich-y man is funny as hell 😭😭😭 I love mark and lori’s dynamic always
original offer: 2%, 500K.
Then she says she will allow 8% for 1 Mill? No wonder Mark jumped on that so fast...she halved her evaluation instantly with that comment...
I love how I didn't notice the title until the end after the deal was made!! Bless the Lord
My heart goes out to all those who can't say the same
Right what are they thinking with these titles
Haha same here. Probably cause I’m high. That was a great one!!!
Good for you then. Go to the club to celebrate that
@@trevish450 tried going once. Clubs are overrated
@@rachelmorrow9042 Try again 😆
Roberts reaction after the first bite stole the episode lmao
When kevin didnt fuss about that valuation for a prototype i knew they were on to something
Actually pulling the "mark would you go down to 7% percent" was a stroke of genius on her part, Mark was pressured by Lori's offer so he had to accept it in order to not lose this deal
I can imagine Barbara going inside one the restaurants that serves their bacon screaming I'm out.
2 things I didn't get in this pitch:
1. Why they didn't have a good comeback (or maybe they did and the show didn't air it) to Robert's question of "why your product and not a soy-based alternative?" at 5:28 . I was expecting them to say "no, because soy-based alternatives carry this troublesome environmental consequence that our product doesn't".
2. Why they focused SO MUCH of their pitch on selling "the best bacon ever". Mark, Lori and Kevin got the point: this is NOT ABOUT BACON, it is about developing a brand of protein-rich products/foodstuffs made of seaweed. So even if Robert doesn't like the "chewy" bacon he tasted, that is irrelevant for the bigger picture of the business, which is to revolutionize how people source protein from nature.
Robert never invests in anything he wouldn’t genuinely buy
You know it’s big when mark immediately jumps in with an offer
The fact that they have a patent covering the use of seaweed in plant-based meats is huge.
They don't have it yet but made it sound so.
It wont stand. Will be challenged and will lose it. Food patents are not proprietary only the process can be patented but they cant patent all seaweed used in plant based meats.
It does not taste better than bacon.
Definitely has lower nutritional value.
I like the questioning of robert here they didnt have answers.
Mark is not always right.
That's not a patent they or anyone can get.
Just because they come from silicon valley, these people are completely delusional with their valuations. I would never have made an offer of 8%. crazy. I thought Mark had business sense.
Can't believe they turned down Lori's financially-worse deal even though, as Lori repeatedly reminded them, she too is female.
Mark Cuban makes the best deals in the history of Shark Tank. Lori must have been so bummed out after this one :(
Robert's reaction tells me everything. I'm shocked anyone even made an offer considering they don't have current sales and proof of a viable product from a marketing standpoint. However, there is so much potential with plant-based protein products and the patent on the extraction process with this special protein source might be the key. I would have asked more questions about how their extraction process is any different than current extraction processes from other plant sources to determine if other manufacturers can/cannot use current processes for extraction.
This company, like most greenie things is just a pump and dump scam, Robert is either honest or naive. Cuban and Lori were investing in the fact that investors will shower money into this, not because of the quality of the food or expected sales
Oh wow, another essay! I wonder why you're not one of the sharks.
its just because they are female
@@podcasthostel spot on...mark was only interested in it after investors were about to pour in 10million.
I think because they are scientist
How can over half of the sharks say how bad the product tastes and they still get a $1M investment when the product literally hasn't been sold at all? I'm confused by this one
Because the vegan community is huge
@@SireneKalypso it's not its less than 1% of the population according to stats
@@ShayanGivehchian 1% of the population is 75 MILLION people. LOL
@@SireneKalypso Talk about us . The won’t expand that quickly. It’s opening a local shoe store and saying 7 billion need shoes
@@delawarkhanwares6223 You uh. Do realize the vegan market ALONE is worth 26.8 BILLION Dollars?
Do you live under a rock?
Robert's "Wow" is starting to rival that of Owen Wilson's.
This is the best pitch on Shark Tank that I've ever seen.
Lori's face at 8:51 is absolutely worth the million dollars mark spent.
Sam Hyde's 2070 paradigm shift TED talk realising itself before our eyes, beautiful.
Why would I eat this when regular bacon is lower calories, more protein and tastes way better? I know I don’t eat bacon for protein but this whole idea is ridiculous. I thought this was a protein bar or something bacon was an awful idea.
Because regular bacon isn’t plant based you silly goose. What don’t you understand 😂 this is a plant based alternative for people who don’t want to eat meat
@@joseg5913 if you want to eat plants then don’t eat bacon 🤣🤣 it’s as simple as that…
@@NickSiebecker your missing the point lmao I’m not argue with you 😂😂
so we are all just ignoring the way Lori ate her bacon 😂
This is huge! Way to go ladies and Mark!
I always love how vegans swear their food tastes just like the real thing. Nah man, I’ve been eating meat for over 30 years, you can’t fool me lol
I love meat and vegetarian products. The problem is alot of brands try to claim their food is a replacement. When they should just sell their product as an alternative.
Nothing but emotional bullshit.
I mean it's good to have options available rather than being limited but I find it arrogant how they try to traverse meat eaters over to plant based products rather than try limiting the problems with how meat is acquired like through slaughterhouses, they just want to open a market based off an opportunity of something being a good alternative but their products can never compare to the real thing.
Not actually true. I often make plant based burgers and serve them to friends only to reveal to them that they are meat free. Always surprised faces after.
The vegetarian replacement is always worse-tasting and more costly. No ty
you can see the pain on Lori,s eyes at the end. 😂😂😂😂😂😂😂
I hope Umaro was the last pitch of the day because it looked like Lori needed a Doctor 😂
Somewhere in England, Rory lifts his head, his seaweed sense tingling
Dude that 8% to 7% negotiation, unbelievable man
Mark spent 1M easily and he ok immediately when she ask for 7% so this is propably a great product in Mark eyes.
They are worth 15 million now👀
Why do they look like they just came off the set of Top Gun 2 though?
Robert spitting out the "bacon" pretty much sums up the plant based industry.
If some one says in a pitch that my mission is to protect planet, that’s totally bullshit 😂.
The moment Robert opens his mouth I know that 99% he’ll find a reason to go out. If you have the script of all episodes he’s been in, the most repeated sentences he says are “can I try it?“ “I just don’t see it” “I just don’t get it” “I’m out” . He rarely sees anything, even some of the most successful businesses in Shark Tank e.g. Scrub Daddy. Many times he offers a deal just for the sake of having an offer as he’s been out too much, and asks for 45-50% of the business knowing that the owner won’t accept it and he has another way to stay out! This my 2nd YT comment on Shark Tank ever. I was so surprised to see ppl making so many jokes abt Barbara who’s definitely a much better Shark than Robert. Barbara knows her strengths and whenever she’s into a deal, she’s sharp like a samurai sword. And, she has more than one most successful deals on Shark Tank.
He needs to go
@@yonijoni4636 agreed, besides never making any deals he's just not entertaining enough
another fact about Robert, out of all of the sharks Robert backs out of his deals the most, behind the scenes
@@Ilchino1 That's shady considering that he's called the nice shark. That's a letdown.
@@Ilchino1 lmao he never makes deals but when he does he damn sure DONT follow through
Mark the Richie man LOLLL!!!😂 he outbids everyone
The disrespect 😂
Mans spat that bacon out 😂😂😂😂😂😂😂
Lori calling Mark "the Richy man" goes to show you that envy is rife among the "rich people" not just between the "poor" and the "rich". There will always be someone who has more than you and less than you. Wealth is relative.
Oooor maybe it's not that deep and it's a lighthearted joke, considering that she is also considered rich 🤔
@@xmastamurfx Of course she has money but not a billionaire like Mark. She was fuming. Not a lighthearted joke. Watch it again.
@@globescape4771 I think she was more embarrassed than angry. Also, Lori is a billionaire, but Mark is the richest.
Badass women put family first
The man is the head
“This will unlock the ocean as our future source of protein”, said the caveman as he pitched his canoe…7,000 BC.
Just imagine being so rich that you have 1 million to hand out for 7% of a prototype
Honest question: why do people who swear on plant based diets always try to replicate animal products?
So that they can replace it with it…
To get the sales from the large percentage of individuals that eat meat
Because everyone needs to switch to eating plant-based foods and people like bacon. It is much easier to try to make a plant-based alternative than just trying to get people to leave up foods completely.
Because their bodies crave meat. Which is what they obviously should just eat.
@@AllenReviews You should eat less meat.
I would have died if they said they met on Tinder. LOL
Chics
The look on Lori's face was priceless, Mark only took the 7% offer to see her reaction definitely well worth it...
Seaweed bacon sounds like something served in a post apocalyptic dystopia
Lory playing the sexism card. “3 badass women.” Everyone wants equality until they get it
mark really went for it outright. he couldve gotten like 10-15% for 1 mil, since they offered kevin for 8% .. so they should have more flexibility from their start offer.
yesss keep up the recent shark tank episodes
'The companies name is too dumb.For those reasons, I'm out" -Barbara
How could you get a patent to take protein from a plant to plant based food? That sounds insane, if I wanted to go to the ocean, get seaweed, cook it to get protein out of it, and serve it at a restaurant I don't want to get sued. Can someone explain this?
I believe she said plant based meats, which is why they're expanding to breakfast sausages/patties
The way they extract the protein out of the seaweed is proprietary to them they have a way of doing it that no one else can use
@@danielpak7264 Sounds like BS.
@@properpropaganda9831 Yea, patents on food and food processing don't work that well. If they did, why would Coca Cola not just patent their drink? Instead they still keep it a closely guarded secret.
There’s an inherent problem in vegans making stuff that tastes like things they have either never had or chosen to not eat for a long time 😂
Honestly that’s a great point lol. “It tastes just like bacon!” When was the last time you had bacon? “10 years ago!”
I love how kevin thought this was worth 500k for 8% while thinking atlas monroe which actually had a vegan fried chicken product ready to sell wasnt worth 500k.
Bombastic side eye from Mark to Lori
I love seaweed. I buy it in the to go packets that costco sells and eat it, like that, by itself. I don't want to eat a seaweed bacon. I don't want seaweed pepperoni. When I want pepperoni (which is not often) I eat it. When I want bacon (which also, it is not that often) I buy a sandwich with bacon. I like each food for what it is. It is good to eat more plant based foods. They taste delicious. And animal food tastes delicious too. Variety is good.
Barbara:” I dont know what food means, and for that reason I’m out”
@Mr Lebanon - Ohhhhh ... you are SOOOO funny with the Barbara joke!! (Not!)
@@warriormanmaxx8991 u gotta admit its funny😂 the Barbara jokes are the only reason why I check the comments
Robert's reaction inspires me to get my gear and go hunt some boars
I have a hunch based on the title that they got a deal from Mark
Honestly, I don't think we're ever going to stop eating animals. I do see humanity eating more plant based foods though, not " plant based meats". I think they should stop trying to replicate meats and just come out with some REALLY GOOD product that's plant based and sell it as is.
Edit: PBM
i agree! as a vegan, im never looking for meat replicants. i want good healthy nutritious food thats it
This is the dumbest thing I've read, and I'm not even vegan or anything like that. This is just dumb.
As an Indian vegetarian, I agree. India has amazing vegetarian recipes, a lot of which can be easily adapted to being vegan. They never do anything like trying to substitute meat. They let the plant ingredients shine for themselves.
@@Nutz4Lutz3624 i think they target more of people that consume meat currently to have them transverse easier over to plant based meats.
globalists will eventually price meat so high through regulations and taxes & make you eat fake plant "meat" in the name of the environment
I watched the behind the scenes on this episode. Barbara called them after the show to let them know she is out.
lol
😂 😂 😂 LOL
Anybody else get an “hormel bacon ad” during this vid? 😂
I don't read the title, I just go ahead and watch if there is new episode uploaded.
This might be one of the investments mark regretts in the future. Million dollar for a prototype. Kevin really dragged them into this lol
The hypocrisy with these foods is that they’re simulating meat and agreeing that meat tastes good. If they just focused on making seaweed strips that are as little processed as possible and optimally seasoned instead of trying to make it taste like bacon they’d be better off imo.
Lori: i have some major companies....like squatty potty!!🤣
Barbara: " I am out" watching from home.
Amazing woman coming up with this and trying to make the world better 👏🏽
I feel Mark gave them a break on that negotiation. They brought up the 1 Mil for 8% then asked him to go to 7%. Gutsy but congrats to them!
It wasn't just that they created it but they have patents. That's why Mark didn't mind paying $1 million for 7%. That patent for s growing industry is a goldmine.
Great presentation ladies❤