Shark Tank – S1 E01 Part 3/5

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The Sharks are ready to invest! These self-made Millionaires are putting up their own money to invest in ideas and products started by people who make it into the shark tank. If the sharks see an idea they like, they’ll fight each other for a stake in the business. For example, people may ask for 140 grand, in exchange for 20% of their company/product. The company includes the patent. The sharks will then haggle and make offers. If they see no profit in the business, or feel that it is not a good idea, they will say “I’m out”. If all 5 sharks are “out” then the contestants lose their chance to make money/more sales. Shark Tank – S1 E01 Part 3/5

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    1. Comment by Marrowni on 27 January 2011:

      6:32 How can your city be a mile wide? Wouldnt it have to be like 50 miles long then? I thought a city had to have 10,000+ ppl, and if its a mile wide, it isnt a city then – its a town (or village). Unless the people are shoulder to shoulder and have 500 ppl living in a 2000 sq ft house.

    2. Comment by EpikLu on 27 January 2011:

      wait, Kevin says he has a heart?

    3. Comment by semo2010 on 27 January 2011:

      I hope you guys realise this show is a WHOLE bunch of acting … I can’t stand it. Its dragons’ den for me .. the real stuff, not all this rigged stuff ..

    4. Comment by Visfen on 27 January 2011:

      @KamikazeKoscki Really? Hey, here’s an idea. I have an android cell phone, get wi-fi in the waiting? office.

      This is a terrible idea and this moron is blowing all his money on it, his children future. He needs to stop, he need to think about what he is doing because this is going nowhere.

      Beyond that, I already have friends who have done what he has tried, but better. They buy plasma-tvs set them up in grocery stores (TRAFFIC!), then sell adds. THEY MAKE MONEY. He is going broke

    5. Comment by Visfen on 27 January 2011:

      @KamikazeKoscki Just think about it, how many people are there in a regular doctors office every day? Let’s be generous, let’s say there’s about a hundred. 30 seconds on national TV go from about 250k. Now do you think advertisers are going to cover the capital costs of something worth 9k? With a traffic of like a hundred people? The cost per person would be insane.

      If the guy who made this product can read this. Do what my friends have done. That might save you.

    6. Comment by MrNiceHk on 27 January 2011:

      I have put over 550 thousand dollars into this, I have mortgaged my house twice … OUCH ….I feel sorry for these people they have no business sense what so ever … building a business around technology is very risky, chances are it will be completely out of date by the time you bring it to market by that time its too late you have already pissed your money down the drain and shaved off 15 years of your life expectancy in the process

    7. Comment by sirkhana1 on 27 January 2011:

      @KamikazeKoscki

      Cell phones just damn right outsource his idea. Bad idea.

    8. Comment by CiPhEr505 on 27 January 2011:

      So what advantage does this have over a Blackberry that’s worth a twelve million dollar company? Aren’t the pads themselves unhygienic? How does an investor recoup his crazy valuation?

      @2:33 major facepalm. Yea, that’s …. great. Makes me feel real comfortable about giving this guy money.

    9. Comment by KALfilms on 27 January 2011:

      @KamikazeKoscki Are you kidding? All you need is a phone and you got 90% of that what he has.

    10. Comment by shirhh on 27 January 2011:

      @KamikazeKoscki
      but which doctor will pay 9,000$ just to make the waiting less boring?! anyway, doctors can buy ipad for 500$, it’s got better hardware, more appsgames, you can do anything he offering and it’s much less expensive.
      this guy is like inventing the car just for make a taxis business. so wrong.

    11. Comment by UnderDog988 on 27 January 2011:

      @KamikazeKoscki That dumb the idea is good if your the 1900s but people can just buy a phone that will make them be able to watch movie, play games, listen music, check ther emails, shop online, surf the web, watch episode of shark tank, chat with people ( or just text ).

    12. Comment by MrSubmitter on 27 January 2011:

      why did no one laugh at his i hope you dont bite joke

    13. Comment by JackMacyntire on 27 January 2011:

      Painful to watch.

    14. Comment by kid195 on 27 January 2011:

      @skippydeenice He probably should of thought about this shit twice you dumb fuck. The guy deserved wat was coming to him, for god sake. He used his childerns college funds. How low of man can you get for doing that. Its just pathetic!!!!!!

    15. Comment by skippydeenice on 27 January 2011:

      @kid195 ya real funny, his family probably living on the street, u soulless fuck

    16. Comment by kid195 on 27 January 2011:

      IPad just put this guy out of business. LMFAO!!!!!

    17. Comment by KamikazeKoscki on 27 January 2011:

      @AwesomeCheeseburger, I understand your point, but also some doctors make $9,000 from one surgery. Let’s say the doctor does have wireless in his office, now he also provides, NOOK=ebooks=1 million books available online, he the doctor invest in buying the computers for his clients, or a laptop computer, or if hospitals buy the computers since they are in the business of making money, 20,000 went out of business in the State of California in 2009.

    18. Comment by AwesomeCheeseburger on 27 January 2011:

      @KamikazeKoscki You’re kidding right? My doctor has wireless internet in his office, I bring my laptop. Wireless internet is maybe what? $50-100/month? Why would a doctor pay $9000 that they can provide and use themselves for a fraction of that cost? If you think this is a good idea, get a laptop/cellphone.

    19. Comment by sysweed on 27 January 2011:

      @Doodle1Bean He has mortgaged his family, basically. That’s the thing one should never do, no matter how promising one thinks a business idea is.

    20. Comment by sysweed on 27 January 2011:

      @Iunite Nice reactions also. :-P

    21. Comment by Doodle1Bean on 27 January 2011:

      The WiSPot guy has mortgaged his and his children’s future for a bad idea. And he maintains, somehow, that he is ‘family oriented’. Yikes!

    22. Comment by conman2317 on 27 January 2011:

      Ipad?

    23. Comment by tangokiki on 27 January 2011:

      I don’t like the elephant thing. Don’t like the idea behind it.

    24. Comment by MrFrozenCanuck on 27 January 2011:

      So, Robert and Kevin O’Leary are doing this show as well as Dragon’s Den in Canada? How much money do they have to invest? I don’t mind this show but DD is better, the original always is.

    25. Comment by owl975 on 27 January 2011:

      so its like an ipad but more expensive and not as cool

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