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re: Best/Worst Shark in Shark Tank
Posted on 6/16/17 at 9:06 pm to OMLandshark
Posted on 6/16/17 at 9:06 pm to OMLandshark
quote:
Don't get me wrong, if I had to invest with one of them, I'd go with Robert for sure on just a random project, but Kevin provides the most entertainment and brutality.
They are all brutal. It's how they got where they are now.
Robert nearly had one of the most devious ploys:
Basically, he offered $4 million to buy this guy's nasal screen company plus 10% royalties for life. Seems dumb to turn it down, but one of the sharks had asked why not sell it to a pharmaceutical company who could make tons of money. He said the pharmaceutical companies wanted to buy it to shelve it. Why would they sell a product that would prevent allergies for pennies when it could impact the sales of their real allergy medicine?
Robert basically was going to flip the company. Buy it for $4 million, sell it to someone else for double or triple, and the product would never sell a single unit.
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