Shark Tank: A product I wish I'd had the opportunity to bankroll | TigerDroppings.com
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Vols&Shaft83
Tennessee Fan
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Member since Dec 2012
26280 posts

Shark Tank: A product I wish I'd had the opportunity to bankroll

I know, this isn't TV board. But venture capital is about money, so suck it.

Daymond John bought 37.5% of The Mission Belt Co. for $50,000 on last week's episode of the Shark Tank.

This is the first time I've ever seen a product on that show that I not only wanted to buy, but I would have KILLED to be providing the venture capital. KILLED.

I think Daymond Johns got a steal @ $50K for 37.5%, I would have taken 25% without much objection, and fapped like a mental patient afterwards.

Anybody else see this? What would you have invested?


gizmoflak
Georgetown Fan
Member since May 2007
9326 posts

re: Shark Tank: A product I wish I'd had the opportunity to bankroll
I missed this episode.

So.... belts? without holes.

Intradasting.

Revorutiurary!


Teddy Ruxpin
LSU Fan
New Orleans, LA
Member since Oct 2006
21817 posts

re: Shark Tank: A product I wish I'd had the opportunity to bankroll
quote:

So.... belts? without holes.


Is that what it was?


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Vols&Shaft83
Tennessee Fan
Throbbing Member
Member since Dec 2012
26280 posts

re: Shark Tank: A product I wish I'd had the opportunity to bankroll
The difference is quality, I've seen belts without holes, but they are poor quality and look like shite. Sometimes the best ideas are the simplest ones.


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donRANDOMnumbers
New Orleans Pelicans Fan
Lafayette Rouge
Member since Nov 2006
12953 posts

re: Shark Tank: A product I wish I'd had the opportunity to bankroll
Agreed. Solid product. Damon got off good.


TigerRob20
LSU Fan
Baton Rouge
Member since Nov 2008
1967 posts

re: Shark Tank: A product I wish I'd had the opportunity to bankroll
I believe, if you look at the fine print of the show, all the investors and the production company get a small cut of any product or service shown on the show for the lifetime of the product. Pretty crazy.



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I Love Bama
Alabama Fan
Alabama
Member since Nov 2007
33941 posts

re: Shark Tank: A product I wish I'd had the opportunity to bankroll
Love that show. No way in hell would I invest in any kind of clothing company.


Vols&Shaft83
Tennessee Fan
Throbbing Member
Member since Dec 2012
26280 posts

re: Shark Tank: A product I wish I'd had the opportunity to bankroll
quote:

Love that show. No way in hell would I invest in any kind of clothing company.




Personally I think the product licensing is where the real money will be made in this deal. But the belts themselves are a solid product that will be very profitable.


I Love Bama
Alabama Fan
Alabama
Member since Nov 2007
33941 posts

re: Shark Tank: A product I wish I'd had the opportunity to bankroll
Link to belt?


Vols&Shaft83
Tennessee Fan
Throbbing Member
Member since Dec 2012
26280 posts

re: Shark Tank: A product I wish I'd had the opportunity to bankroll
quote:

Link to belt?


LINK


TigerDeBaiter
LSU Fan
Member since Dec 2010
3120 posts

re: Shark Tank: A product I wish I'd had the opportunity to bankroll
Love the show.

I would have taken 25% as well, the guy was a hell of a salesman too. I thought it was kinda fricked up how Cuban was blowing him for being so dedicated and like he was in the beginning, then simply said "ok, I'm out". Haha, took me by surprise.


Vols&Shaft83
Tennessee Fan
Throbbing Member
Member since Dec 2012
26280 posts

re: Shark Tank: A product I wish I'd had the opportunity to bankroll
quote:

the guy was a hell of a salesman too


frick yeah he was, I would hire him to train my sales force in a heartbeat.


BACONisMEATcandy
LSU Fan
Delta, Amex, & Über Threads
Member since Dec 2007
42941 posts

re: Shark Tank: A product I wish I'd had the opportunity to bankroll
Those are ugly... IMHO


wegotdatwood
Member since Aug 2009
17094 posts

re: Shark Tank: A product I wish I'd had the opportunity to bankroll
Hit your threshold for the 40k yet on the extra points card?


jcole4lsu
Virginia Fan
The Kwisatz Haderach
Member since Nov 2007
27733 posts

re: Shark Tank: A product I wish I'd had the opportunity to bankroll
quote:

I would hire him to train my sales force in a heartbeat.

meh, you cant train DRIVE. that guy loved his product and was committed to seeing it be successful, thats a lot more impressive than his overall salesman skills.

the best pure pitch i have watched on that show was the organic face cream by the 18yr old chick. partly because she was only 18 and gave such a polished pitch, but mostly just the quality of the pitch.


HailToTheChiz
North Carolina Fan
Chapel Hill
Member since Aug 2010
10470 posts
Online

re: Shark Tank: A product I wish I'd had the opportunity to bankroll
this whole thread is about fapping to a belt without any holes?


Vols&Shaft83
Tennessee Fan
Throbbing Member
Member since Dec 2012
26280 posts

re: Shark Tank: A product I wish I'd had the opportunity to bankroll
quote:

meh, you cant train DRIVE. that guy loved his product and was committed to seeing it be successful


Good point.


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Vols&Shaft83
Tennessee Fan
Throbbing Member
Member since Dec 2012
26280 posts

re: Shark Tank: A product I wish I'd had the opportunity to bankroll
quote:

this whole thread is about fapping to a belt without any holes?


So


HailToTheChiz
North Carolina Fan
Chapel Hill
Member since Aug 2010
10470 posts
Online

re: Shark Tank: A product I wish I'd had the opportunity to bankroll


GregYoureMyBoyBlue
Georgia Fan
Member since Apr 2011
2760 posts

re: Shark Tank: A product I wish I'd had the opportunity to bankroll
Love the tv show, but it's not very realistic from a VC perspective. A majority of the "deals" actually fall through after the show due to other details and negotiations.

It's great for people that get their products out there and even better if they can connect with the particular shark in their field though.

Love the belt
This post was edited on 4/30 at 8:55 pm


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