Why you will never see a FB Premium similar to TH-cam, allowing users to pay to avoid ads. Honestly, the days of YT Premium are numbered, when exponential growth and profit are required it will never end well.
To be honest, this made me delete my facebook account. It is one of the biggest shithole plattform on the internet. If WW3 starts, then because of facebook. It exists just to make humans hate each other.
Mark's net worth is over $5.5 Billion USD. He's a great person and is only on the show to help new entrepreneurs when he sees potential in their business model. $1 million is like a penny to him.
Hustled the sharks into buying a temu product didn't even ask to see the patent they supposedly are making money tho Wich is all they cared about, but it's already a knock of of a knock of so why buy it for 30 when the same factory will sell one for 3$ 😂
Thats why they went royalty first, they know they will get double there money back and if the company doesnt survive and sells then they get a little extra off the sale. The house is on fire and they are saving the sliver so to speak.
@@walter2695 good point lol sounds like yeah just give me royalty on your sales so I make my money back but if it goes bust before then they lose there initial investment I wouldn't even consider drop shipping from China something to invest in honestly
That’s why the deal doesn’t actually close until they have further discussions after the show. A lot of deals fail to close after the show. If they lied at all or don’t actually have a patent then the deal won’t close.
Sharks smelled royalty. These guys sell a lot of bottles and getting a piece of that is pretty sweet. Means sharks can probably get their $1 million in a year, then get the extra $1 million next year and keep 3% of the company. And that's not counting the boost of sales from retail, the boost from showing on Shark Tank AND any marketing magic from Lori and Mark's teams.
been a while since I’ve seen a truly innovative shark tank product edit: no hate, but this isn’t it edit again: crazy sales, good deal, great businessmen (the chinese factories will probably copy it too…)
The sales is insane. I’d look into licensing it to YETI or another big brand that already has these sort of cooling units for Cans, and receiving a check every week without doing anything else for work.😂
Basically 1 million for 5% means that their whole company is worth 20 million since 1 mill is 5%, and so 100% is 20 million. That is a big valuation because 20 million is a whole lot to make your business worth, compared to other companies that are like 250k for 10% (a 2.5 million valuation)
And to add on @dancerwithcurlyhair4983 It means the shark will invest the 1M in the entrepreneurs business and will be getting 5% of profits made( since the company is doing well in sales then 5% should give the investor pretty much a decent amount of cash annually)
That was funny, listen to their opening line: "There is an epidemic that has been plaguing the world for centuries, maybe even decades". Do they realise a century is 100 years and a decade is 10?
Barbara is brilliant. I don't think the business is doing well because spending 4 million on Facebook ads should have made them hundreds of millions of dollars,not peanuts. It means there's something wrong in the conversion.
I see this being a very successful business. But these guys egos are so big it’s will be the end of the company. If they were realistic they’d be making bank for the 2 of them.
Yikes !!! I ‘m geriatric and live on Less than 12K per year !!!…It is Astounding to me how easily they just throw out : “I will give you a million dollars”- like it’s Nothing !!!…
Barbara: I have a deal for you.
BottleKeepers: Sure. Please state it.
Barbara: I'm out!
😂😂😂
It looks like they heavily edited her dialog with them to stay on time.
Barbara im out jokes will never get old for me 😂
Even when she's in, she's out 😂😂
@@noelr1010😂😂 shut up 😂😂
Let’s be honest, no one believed Barbara when she said she had a deal for them😂
$4 million on facebook ads just for one business. Imagine how much facebook is raking in between every single advertiser.
Facebook is worth 1.2 trillion dollars so ya they make money.
@@aaronjordan7729 Yeah, but thats not how much they make..
They made 131.94 billion dollars on ads in 2023
Why you will never see a FB Premium similar to TH-cam, allowing users to pay to avoid ads. Honestly, the days of YT Premium are numbered, when exponential growth and profit are required it will never end well.
100+ Billion a year. Insane money
To be honest, this made me delete my facebook account. It is one of the biggest shithole plattform on the internet. If WW3 starts, then because of facebook. It exists just to make humans hate each other.
The deal never closed. Their sales spiked 300% after appearing on Shark Tank.
How do you know that?
@@nikolaj781✨ Google ✨
@@nikolaj781 your mom told me
@@nikolaj781 she told me to
@@JonGrimstad Fair enough, seems like a trusted source
"I'll make you a deal. You let me tell you something, and in exchange I will tell you that that something is I am out."
The sharks know, if they can solve the marketing problem. They’ll cash out
“Why is it that I always drink myself into spending a million dollars.” My god I can’t wait to be able to say that one day.
In this day and age extremely unlikely my friend
@@andrescorral66all I need is my sitcom to get syndication, then I’m golden.
Was about to write this same comment 😂
@@andrescorral66 lol just wait a few years with the current inflation...
@@dideoluwaadebayo923 best of luck homie
always love seeing new pitches that haven't already been posted
Agreed.
They went for advertising it worked.
Everyone goes there for exposure
Wow finally one I’ve never seen before
BottleKeepers: Hi!
Barbara: For those reasons i'm out
Barbara holds the Guinness book of world record for the word am out.
How did we know Barbara was out even before a single word was spoken
their counter to lori was actually really fair, normally they are so far apart
Mark's net worth is over $5.5 Billion USD. He's a great person and is only on the show to help new entrepreneurs when he sees potential in their business model. $1 million is like a penny to him.
I've never seen it on Facebook
Ya, facebook shows you only stuff to make you hate other humans!
5:36 she was amazing here
You know when Mark taps you on the shoulder twice with a pen… a deals goin down 😤
Nice episode. Tough negoctation and smart counters.
most optimal way to drink in public
Yeah that’s the real value here.
Yup exactly my thoughts
Why would you need a bottle to hide your bottle in the land of the free?
@@NecumNaTo You don’t if you are drinking indoors or on your property. You cant drink in public areas in most places.
@@MaskOfCinder Yeah but why can't you? I thought it was a free country
Mark's pen tap on lori was cute
Hustled the sharks into buying a temu product didn't even ask to see the patent they supposedly are making money tho Wich is all they cared about, but it's already a knock of of a knock of so why buy it for 30 when the same factory will sell one for 3$ 😂
Thats why they went royalty first, they know they will get double there money back and if the company doesnt survive and sells then they get a little extra off the sale. The house is on fire and they are saving the sliver so to speak.
@@walter2695 good point lol sounds like yeah just give me royalty on your sales so I make my money back but if it goes bust before then they lose there initial investment I wouldn't even consider drop shipping from China something to invest in honestly
There is a due diligence process, if they don’t have a solid patent no money changes hands
That’s why the deal doesn’t actually close until they have further discussions after the show. A lot of deals fail to close after the show. If they lied at all or don’t actually have a patent then the deal won’t close.
Looks like China ripped these guys off..
Bottlekeeper: $40
Chinese keeper: $7
They have that much in sales, that much marketing... and I've never seen it or heard of them. 🤔
Sharks smelled royalty. These guys sell a lot of bottles and getting a piece of that is pretty sweet. Means sharks can probably get their $1 million in a year, then get the extra $1 million next year and keep 3% of the company. And that's not counting the boost of sales from retail, the boost from showing on Shark Tank AND any marketing magic from Lori and Mark's teams.
They make really good bottle sleaves to insulate... Completely overkill
Kevin knew he lost at 9:12
"I have a deal for you: I'm out!"
Kinda mean.
It's just a bottle at the end of the day, not worth $1000000
I mean if this go through, they will blow this up!!
Happy lunch everyone!
Barbra said it made no sense but it must have to mark and lori cause they made the deal.
Im out with barbra
mark played it crazy
If two dudes with some little kitchen gadget no one has heard of walked in and said, "One million for 5%" I'd be like, "Okay, you can leave now."
9 million and net 450,000 that's a problem
that laugh at 6:33
Where is the update guy?
Those aren't the sharks i expected to sit there and come out with a royalty deal
Didn't think they would go in. It was going south there. What happened?!!
They should become more effective at advertising, business may not be sustainable punching at that level!
what chill systems could have been
You're right, actually. The difference between that pitch and this one is night and day. Guy almost cried in that pitch
Legal fees because they're copying Yeti lmao
This show is very nice it opens up your insight.
its lunch time
I'm not alone 😂
Yes sir
Chilli with avocado 🥑 😊
No its poopie time sorry
What about elongated bottles or beers like red stripe?
Tell me your business is in Shark Tank just for the advertisement without telling me you are there for just the advertisement
Update: today they sell only 50 units a month on Amazon lol.
Could there logo font be any more basic?
Perfect for drinking and driving😂
Once alcohol is dished out they always close😊
By "200%", he means 200% return on investment, which is 2 mil being that the investment is 1 mil.
Thank you for your explanation
Barbara should seriously stop being on this show. Sooo annoying
So it's a worse version of a frost buddy?
Thanks to Shark Tank I have gained 30 lb 🍔🌯🍝
What hero is going to update us on the business sales and outcomes?!?🎉🎉
Read the comments. Deal didn't went through, they are now worth... go look for it yourself
This show is freakin amazing
Lori is wearing that black dress!
Always lookin fine
Whats the cost to make it?
BOUT TREE FIDDY
20 million in the last 3 years why are you on shark tank?
Because there not keeping much money when all is said and done
@@ericf323232 They're
Any updates?
I bought 8 of these about 5 years ago.
been a while since I’ve seen a truly innovative shark tank product
edit: no hate, but this isn’t it
edit again: crazy sales, good deal, great businessmen (the chinese factories will probably copy it too…)
The sales is insane. I’d look into licensing it to YETI or another big brand that already has these sort of cooling units for Cans, and receiving a check every week without doing anything else for work.😂
Fact
that 4mil ad on facebook are seriouse waste.
They werent there for a deal. 100% sure on that.
Lori looks hot
Anyone has update on this company?
Google might
Great invention
ai piekno przez granic nowy poziom szamkowej gry
great content I love this page
I could use one of those!
They got the best sharks 🦈🥰 Nice deal!
Mark was out and then he gets the deal, lol. Is this the only time everyone was in and Barbara was out?
feels like they got robbed
Cool product but kinda pointless, can’t bring glass bottles anywhere where this would be useful
They should've made it a wider margin product
And glass bottles dont go warm that fast
Lori tries to protect her ego by making a regrettable offer, and they still don't take it 😂
Why do they never update on their investments
“My name is Barbara and for that reason I’m out”
if the investment goes wrong you can always drink it away
This was a rich Person Deal
Can someone explain to me how the valuation thing works? What does it means for the sharks that they want 1M for 5%? Why is that bad or good?
Basically 1 million for 5% means that their whole company is worth 20 million since 1 mill is 5%, and so 100% is 20 million. That is a big valuation because 20 million is a whole lot to make your business worth, compared to other companies that are like 250k for 10% (a 2.5 million valuation)
And to add on @dancerwithcurlyhair4983
It means the shark will invest the 1M in the entrepreneurs business and will be getting 5% of profits made( since the company is doing well in sales then 5% should give the investor pretty much a decent amount of cash annually)
That was funny, listen to their opening line:
"There is an epidemic that has been plaguing the world for centuries, maybe even decades".
Do they realise a century is 100 years and a decade is 10?
Cousins and best friends huh
I’m surprised this negotiation worked
Temu product they drop shipping
The company now worths 912 million $
I didn't understand anything
Barbara is brilliant. I don't think the business is doing well because spending 4 million on Facebook ads should have made them hundreds of millions of dollars,not peanuts. It means there's something wrong in the conversion.
It means they suck at digital marketing. They should've hired a legit agency to run their ads.
LOL
THIS MEANS NO OPEN CONTAINER LAWS IN NY OR ON THE BEACHES FOLLOWED BY A TICKET👊😅yeah I am on board with that🤙
The key is what did you make on the 20 million dollars?
Bottle in a bottle?!
How much money do you have in the bank?
Not sure why but the way Kevin says “meellion” just annoys the heck outta me
I see this being a very successful business. But these guys egos are so big it’s will be the end of the company. If they were realistic they’d be making bank for the 2 of them.
I have one of those!! It’s legit
Arod would've made millions in MLB on that bottle. Too slow to call in.
Can you imagine have different logos on team bottles. he didn't call in.
Enjoy your lunch
Lunch time 😊
Why is Barbra even on here anymore, she never makes a deal
what kind of bs is this
Yikes !!! I ‘m geriatric and live on Less than 12K per year !!!…It is Astounding to me how easily they just throw out : “I will give you a million dollars”- like it’s Nothing !!!…
That’s sad, I make that in a month
@@TheJayson07 yeah right. I make 10 million a month. What do you think of that?
@@liberalslayer9831 clearly you don’t…
@@TheJayson07 yup…public housing,food stamps and I am disabled in huge purple leg braces…
@@TheJayson07 how do you know? Prove it.
barbara is just too scared to lose her money. she's been burned too many times.
F.u Barbera that was just rude.