Lori Greiner Has This Deal in the Bag | Shark Tank in 5

Lori Greiner Has This Deal in the Bag | Shark Tank in 5 | CNBC Prime

Рет қаралды 366,124

2 жыл бұрын

Makeup Junkie Bags was founded by a true makeup junkie who was tired of wasting money on cosmetic bags that didn’t deliver. These bags are great on the go or at home. A number of Sharks see the appeal - but who will seal the deal?
» Subscribe to CNBC Prime: cnb.cx/yt
- About CNBC Prime -
An entertainment network with a programming slate that is an extension of CNBC’s distinct brand. The entertainment-focused block in primetime includes programs such as Shark Tank, The Profit, Jay Leno’s Garage, American Greed, No Retreat, Undercover Boss and Secret Lives of the Super Rich.
- About Shark Tank -
The Sharks are looking for the best products and businesses America has to offer. Hopeful entrepreneurs come to the Shark Tank seeking an investment to start, grow or save their businesses. If the Sharks hear a great idea, they’re ready to invest using their own money. And they’ll fight each other for a piece of the action. But first, the entrepreneur must convince a shark to invest the full amount they are asking for.
This Emmy Award-winning show has been the launching pad for some of the greatest products ever sold. The Sharks, Mark Cuban, Kevin O’Leary, Barbara Corcoran, Daymond John, Lori Greiner and Robert Herjavec (along with other celebrity guest sharks) have made deals with - or passed on - some amazing brands: The Squatty Potty, Simply Fit Board, Bombas Socks, The Ring Doorbell, Scrub Daddy and The Original Comfy - to name just a few.
Shark Tank celebrates entrepreneurs.
- Connect with CNBC Prime Online -
Visit CNBC Prime’s Website: cnb.cx/prime
Find CNBC Prime on Facebook: cnb.cx/fb
Follow CNBC Prime on Twitter: cnb.cx/tw
Follow CNBC Prime on Instagram: cnb.cx/insta
#cnbc #sharktank #makeupjunkiebags
Lori Greiner Has This Deal in the Bag | Shark Tank in 5 | CNBC Prime

Пікірлер: 183

@adingdingdiiing6740 2 жыл бұрын

Here's an update on this: She didn't take the deal. She ended up backing out since she said Lori wanted to take the manufacturing overseas while she wanted to keep it in Texas, which is probably why Cuban was also trying to sway her out of it. Her business is still doing quite well.

@crovax17 Жыл бұрын

She used made in America in her pitch and said it with pride I am surprised Lori didn't think catch that or work with her.

@elizabeth3280 Жыл бұрын

excellent, we need more jobs in America especially with all the supply chain talk. Sometimes I think the infomercial on shark tank is the real value if you do not have contacts.

@knight1506 Жыл бұрын

Overseas - China

@julianbanks1885 Жыл бұрын

She should have listened to Lori. Lori knows way more about business than she does.

@elizabeth3280 Жыл бұрын

@@julianbanks1885 As long as her business is doing well, it is good to not have a dependency on a slave nation

@SCORPION7712 2 жыл бұрын

You know it's a bad deal when Cuban says not to do it

@jamesanderson-ip9dt 2 жыл бұрын

@@gameovergang2934 lol Cuban has been the worst investors of all shark tanks!

@SCORPION7712 2 жыл бұрын

@@jamesanderson-ip9dt on what basis? I'd say Robert offers the worst deals and pulls out most of the time

@DizastrousMindsShine 2 жыл бұрын

@@SCORPION7712 lets be honest Kevin has the worst deals.

@josh-cq3ju 2 жыл бұрын

@@jamesanderson-ip9dt yet hes worth more than all of them combined

@ArinSauls 2 жыл бұрын

Makeup junkies bags seems to be doing good

@heatherr9640 2 жыл бұрын

She didn’t end up going through with Lori’s deal apparently and still owns 100% of the company ! Lori wanted to manufacture overseas and she didnt want to

@skeptic33 2 жыл бұрын

That's good news tbh

@chevyboy37 2 жыл бұрын

That's good, she even said in her pitch MADE IN THE U.S.A. gotta love that for sure !!!

@frankcb11 2 жыл бұрын

Really? How do you know this?

@skipsterr91 2 жыл бұрын

Are you guys sure she is telling the truth or trolling?

@PogonaCraze 2 жыл бұрын

@@skipsterr91 nope, that's why don't be so gullible and do your own research. She's probably telling the truth tho, since most deals don't really go through

@diamond852 2 жыл бұрын

I go hard against Mark's bootlickers but he truly is extremely smart and tends to be fair to entrepreneurs. I'm glad Meredith backed out of Lori's deal.

@Zebness990 Жыл бұрын

He's not always fair with his 30 second shot clock and even worse when he says, "I'll go out if you listen to anyone else".

@Jodyjo99 Жыл бұрын

@@Zebness990 that’s just business for you honestly. Mark will make people extremely wealthy aswell as possibly having some of his connections which is HUGE(trump voice) lol seriously though those connections, recourses, and contacts are honestly the most important tging

@Zebness990 Жыл бұрын

@@Jodyjo99 but with entrepreneurs like the CEO of scrubdaddy or the mother daughter duo from wicked good cupcakes, Mark isn't always the best fit. I love Mark, I think he's the best shark of all including the past seasons' and guest sharks but it's not a 100% working formula to choose Mark. There are so many ST flops that went with Mark, maybe even more failures with other sharks so it's not a given and to bulldoze entrepreneurs into going with him while not considering or even listening to the other sharks who might structure a better deal from an equity or valuation standpoint or just overall better terms. For the sharks, it's only that one investment out of hundreds, very low stakes but for the entrepreneur, it's his life's worth of hard work, probably the only good thing they've ever or will ever come up with. It's all or nothing for the entrepreneur and more often than not, it's unfortunately the latter. I know it may sound repetitive but knowing that it's most of the other sharks who've had the most successful deals, it's also disrespectful to them when the shotclock approach is adopted. I hope I haven't offended you. Sorry if I did.

@Jodyjo99 Жыл бұрын

@@Zebness990 You’ve made very good points. I just want to tell you one thing that really bothered me about your comment. You said “I hope I didn’t offend you, sorry if I did”. Bro why would I be offended? Don’t ever apologize for stating your opinion. You made very good points that made sense. I don’t like how alot of people now are scared of offending people. In order to be able to think, you have to risk being offensive. I don’t want you to think I’m coming at you wrong but always stand your ground and never apologize for your own opinions and views. Salud!

@Zebness990 Жыл бұрын

@@Jodyjo99 I understand bro. Thank you. Cheers

@TheBoomshine 2 жыл бұрын

She should have asked Lori to match Kevin's deal, which was a lot better. Royalty in perpetuity is nasty indeed.

@sefer1377 2 жыл бұрын

Maybe, but also its somewhat a good thing, becase shark will want to make as much money as it can, so it will help your sales also. If they have royalty till they get their lets say 400k, when they get their money, they are out. With perpetuity they will stay with you for “ever”, so your product will have their support.

@Naturefan354 Жыл бұрын

She didn't end up going through with it anyway

@zebehne 4 ай бұрын

@@sefer1377 she still had a stake so after royalty is paid, they would still work to keep their profits coming. And even a royalty in perpetuity isn't a guarantee cos when they have their initial investment, they ca work less and not worry about losing anything.

@fifamaster3248 2 жыл бұрын

Barbara:- you came here for loan or cash? Her:- any kind Barbara:- I’m out

@himanshusoni528 2 жыл бұрын

Sara offered to give an interest free equity free loan of 200k but she refused?!!

@LilT2o00 2 жыл бұрын

Kevin always get shafted when he makes better offers

@dogbreathmints 2 жыл бұрын

I know and it seems like a lot of people don't acknowledge or thank him that he at least made an offer

@MrBrightcide 2 жыл бұрын

@@dogbreathmints it's because in most cases his offers aren't really serious. He's throwing them out there in order to try and force the other sharks to give them a better deal. So many people miss that.

@lucianaromero1612 2 жыл бұрын

@@MrBrightcide no, people just don't appreciate Kevin that much for his personality they rather go with someone more friendly but effective like Lori and Mark even if the cost is higher for their fame in making successful business.

@ace7467 2 жыл бұрын

Kevin is the only shark you really want, he’s the best business man.

@knowledge-Revive Жыл бұрын

The way she walked in the end 💀

@amberwhite8323 2 жыл бұрын

She’s did it on her own👏🏼

@RobotUnicorification Жыл бұрын

“let’s do it” walks away in silence

@MySteamcracker 2 жыл бұрын

Sarahs deal was horrible(for herself) she would make 0 money, when the loan is repaid she would have 0 equity

@robertortiz3345 2 жыл бұрын

not really ...she does nothing and makes millions in perpetuity......lori offered her time and resources for a bit more

@MySteamcracker 2 жыл бұрын

@@robertortiz3345 there was no perpetuity

@letstalkaboutit-lta9435 2 жыл бұрын

It's called helping someone out

@KG-ou7om 2 жыл бұрын

there would be interest on the loan

@pavy415 2 жыл бұрын

Yes interest in the loan and probably the highest interest that can be charged at 10 percent

@joelsandoval5815 2 жыл бұрын

You know it's bad when even Mark is saying don't do it

@hedduyou Жыл бұрын

That first offer from Lori was brutal. 200k as a LOAN. $1 royalty FOREVER. +5% of the company.

@pou1219 2 жыл бұрын

Ma’am that’s a pencil pouch

@maj6327 2 жыл бұрын

I wish she listened to Mark 💔

@deeshnutsh 2 жыл бұрын

What did mark say? Lol I couldn't understand

@Tigerish 2 жыл бұрын

@@deeshnutsh "Don't do that Meridith" in response to Meridith counter-offering Lori's perpetual $1 royalty per bag with 75 cents per bag.

@houchi69 2 жыл бұрын

Can you explain that? I don't know why it was so bad.

@pavy415 2 жыл бұрын

@@houchi69 because it was a royalty that last forever and never goes away

@commentreadersassociation7227 2 жыл бұрын

Big mistake going out with Lori this time, i know Lori is one of best businesswoman but this deal could bring conflict of interest with her other BAG companies in her portfolio that can affect the business this newbie girl

@HiddenAgendas 2 жыл бұрын

deal didn't go through. Lori gonna just ripoff the idea

@berry104 2 жыл бұрын

@CNBC its a real shame you didnt include marks laugh in this 2:30 wouldve loved to see it, it was a great joke

@whited4159 Жыл бұрын

“Let’s do it” *walks away, no hug

@Ournationnow 2 жыл бұрын

The way to be successful in the deal she accepted, would be about manufacturing cost and product pricing... To avoid the burden of selling a trillion bags in one year to cover her expenses, she'll have to consider the manufacturing cost of high quality material so that she can price her product at the highest price possible. Manipulating the manufacturing cost of highest quality material and pricing the product in a expensive bracket will easily minimize the ¢.75 being paid out and maximize the profits. The loan itself has a beginning balance of $210,000 and that doesn't account for penalties or interest turned principle if something goes wrong before it goes right. And, for as long as Lori holds her interest she will be owed 50k from every $1,000,000 made. Oh and most importantly now that she's dealing in the big leagues she needs to incorporate... The down side is the cost of a good marketing campaign, and the question of how much she can make with from the loan money without needing more investors or loans... I'm gonna examine the other two deals as well. But I'm sure the last deal is not at all a good deal... Because she seems to only be offering a loan and nothing else.

@legendarypo183 Жыл бұрын

Mark probably told his managers to call that poor woman and tell her it’s a really bad deal😂😂 to save her

@zebehne 4 ай бұрын

hahaha...was thinking the same thing

@Okogg Жыл бұрын

She dipped without a hug 😂😂

@Lommy9999 5 ай бұрын

4:48 funny how they edited it like she made the deal and immediately turned back and left the studio.

@siyamfardin6054 Жыл бұрын

Mark Cuban is the best when you're talking about Shark Tank

@kksadventures4270 Жыл бұрын

Those bags are amazing I own like 8 of them and most of them since 2018 definitely worth the penny you pay for them and very well made !!

@mrsir4315 Жыл бұрын

If there so amazing why own 8...

@radikowalski1553 2 жыл бұрын

I would definitely have chosen her because of QVC and her connections too.

@adedaremayowa1347 2 жыл бұрын

I am a king of royalties...lol... Mr Kevin

@officialJOY1229 Жыл бұрын

I need this bag.

@isparkz9475 2 жыл бұрын

She really only needed a mentor her business is doing great!

@SSBKlutch 2 жыл бұрын

Barbara: you need investor and mentor? For that reason I’m out

@YusanTRusli 2 жыл бұрын

Royalty in perpetuity is not good.

@vickieden5022 5 ай бұрын

I just bought my first MJ bag. All the hype pushed me over the edge. Not only hearing how great these bags are, but I like that this chick has integrity. That's been lost these years. Knowing she still hand makes them etc. I'd rather pay a few extra bucks to buy something USA made, and support a small business. Rather than some cheaper inexpensive crap from China. Looking forward to trying out my bag. 💋

@Nikko911 Жыл бұрын

never ever agree to anything in perpetuity. always set a time frame.

@cbmtrx Жыл бұрын

"Let's" *walks out* "do it"

@marketplacedickson 3 ай бұрын

I want MJ 's outfit and enjoyed her pitch

@pablocastillo2236 2 жыл бұрын

A big mistake, but what matters is that she was happy at the end

@MarceloLaraM 2 жыл бұрын

Hi. Can you please explain why?

@jf1341 2 жыл бұрын

She should have paid attention to what Mark was saying

@KazimHasan321 2 жыл бұрын

What was he saying

@SCORPION7712 2 жыл бұрын

@@KazimHasan321 not to take the deal from Lori. That's how you know it's a bad deal

@tomhoward4181 Жыл бұрын

Mark tried to help at the end like u see that

@sarojandongol1482 Жыл бұрын

5:02 Barbara: I've made you a good offer and for that reason i'm out.

@morgancarter2413 2 жыл бұрын

Wow

@zebehne 4 ай бұрын

Lori has got really greedy. 200k as a loan and still getting 1$ in perpertuity plus 5%? I'd have said an instant "NO". She's now worse than Kevin.

@ZevMeth_originaljewishmusic 2 жыл бұрын

She didn't even shake hands with, or hug Lori!!!

@mutatednut 2 жыл бұрын

The video is edited genius

@ivanrvzo1022 Жыл бұрын

Let’s do it…WALKS OUT 😂

@julial3758 2 жыл бұрын

Mark was telling her NOoOoo lOL.. forever .. 0.75 is not agood

@Antivenom932 Жыл бұрын

There is something about Lori that attracts me, I don't know what.

@pn4640 Жыл бұрын

That’s a great deal with the right Shark

@scoobydooby6180 Жыл бұрын

I bought ten for my wife today!

@nikhildivakar7299 Жыл бұрын

Barbara please don't talk...we know 🤣

@victorvalentinejr9738 2 жыл бұрын

Lori learning from the master lol

@larrygaal4808 2 жыл бұрын

i bought a couple of these for my girlfriend and she loves them, well made, look good but they are not cheap

@evilplaya6350 Жыл бұрын

This means you are not cheap. Kudos to you man!!

@officialJOY1229 Жыл бұрын

N love Cuban!

@tablemasters616 2 жыл бұрын

I dont understand the deal, but ppl are saying it's not a good deal, but it is called SHARK TANK. The resources the speed the sharks can make things happen, is a deal on its own.

@crooper6052 2 жыл бұрын

Because all these loans and royalty deals are garbage. Basically, you’re paying them to take your equity. In the short term they’re giving you the money, but in the long term you’re paying to take your equity plus interest. So, they’re getting your equity for free. And also royalty in perpetuity is never good.

@tablemasters616 2 жыл бұрын

@@crooper6052 thanks never looked at it that way!!

@kimcuongtran5495 2 жыл бұрын

@@crooper6052 that's just a garbage offer, but basically most people will back out afterwards with that kind of "deal".

@refinedmediainc 2 жыл бұрын

Bcoz of the Title, I honestly thought Lori has this product in her bag🤦

@vismarantrouble532 2 жыл бұрын

Another make up bag. It is beautiful but it is another make up bag.She is intelligent and well composed.

@mini_worx Жыл бұрын

Kevin's Portfolio is the best Portfolio.

@toddclark332 2 жыл бұрын

Lori rocks

@kimcuongtran5495 2 жыл бұрын

That is the garbage offer, most people will turn down afterwards, no sane people want to receive offer like that. Give someone a loan with intetest, require royalty and equity ???

@Gabriel-fz4ys 10 ай бұрын

Bad deal. Loan AND royalty? It's like you're paying her back twice and she's not interested in blowing your product up at all. If she was interested in that she would have took Equity so everyone could benefit in the exit.

@Simon-cv3qt 2 жыл бұрын

Lori : I will give you manufacturing resources ... Aka I will have it made in china .

@mahmoudhaghi4718 2 жыл бұрын

I never asked you we’re did your bag

@yufengyan Жыл бұрын

Lol.

@sshukla7975 Жыл бұрын

She doesn't understand that the value lori will bring is short time and lori knows that she would do it and put up once and will reap the monetary benefits forever, FOREVER! just because Lori. Has a business in a bag and has presence doesn't make her a good business partner in this one. Lori really became shark and ate her prey and prey doesn't know it. I found it amusing: That once. A big company takes over a small one in same domain. Either they completely remove the small one, re-brand it or juice it until they can get money and then junk it. And that's why just because it's there is beneficial is never a good idea.

@ozzyr6751 Жыл бұрын

Everyone is patriotic until it’s time to put your money where your mouth is. She wanted to keep making them in the USA. Good for her. I hope all patriots support her

@ozzyr6751 5 ай бұрын

I say the same thing all the time. God bless her. And God bless the USA 🇺🇸

@Gauravchander1 2 жыл бұрын

She just walked out after the offer ...so rude 👍

@dneuman7455 Жыл бұрын

I have back ground in sales auto, I have designed business plans. I have run a small commercial and residential maintenance and renovations business for many years independently and worked contracts hiring employees. Well rounded general business analysis skills, intuitive and keep an eye on economic trends. Small business or bigger type businesses of any kind interest me as to location, trends , emerging markets, gadgets patents or inventions with scaling market growth potential. Many business share some of the basic development strategies when making a plan. The entrepreneurial spirit of growing a businesses designing or planning interest me. I am pretty good at quotes or quoting jobs my analysis and negoations skills are OK maybe alittle rusty from covid and having moving out to the country for awhile.

@jonah.donohue 2 ай бұрын

That’s a pencil case

@galaxyzoogaming5415 2 жыл бұрын

Woooowowww

@kingsleyimiefoh899 Жыл бұрын

Deals in perpetuity are never good deals

@kingshark7596 Жыл бұрын

She should have gone with kevin, or ask to put a cap on lori's royalty in my opinion

@user-kl8vj2qy9w Жыл бұрын

Loan with interest Equity in the company Royalty in perpetuity Might as well just ask to take her company for free

@NadeemIqbal-cu5by 2 жыл бұрын

Lori scammed her even mark was saying no to do it.

@rayashleigh494 Жыл бұрын

Pls stop giving the answer away in the title

@EasyRider247 Жыл бұрын

That’s really dumb…forever is a long time, Kevin’s offer was really good, he’s jus brutally honest and some naive people just see that as arrogance

@republikadugave420 2 жыл бұрын

Let me guess...Barbara was out

@giftaliaevanspizarro4860 2 жыл бұрын

Why is Barbara sitting on the far right? This is very disturbing.

@alinocencio1798 Жыл бұрын

tbh, theres nothing unique with the bags.. any manufacturer can recreate the bags and made it even better and cheaper.

@mrsir4315 Жыл бұрын

Kinda mad at her. Mark was gonna drop some wisdom and she totally shut him down. U always let a billionaire talk lol

@sajibshah 9 ай бұрын

How u pick the worst deal out the 3 🤣

@wichoflores9922 Жыл бұрын

Y can’t Lori just knock off her bag ?

@stefanocioni2587 Жыл бұрын

Is Lori Mrs Wonderful?

@mbmrishan Жыл бұрын

@SharkTank, What I feel is that YOU GUYS on the name of helping, Mentoring, or Coaching Simply you guys are steeling new inventors Hard Work. This will not help America this is a another game Investors Making money our of another persons Hard Work. Some Mergers and Accusations are very unfair.

@chrispepper9375 Жыл бұрын

Extremely bad deal

@ari9525 Жыл бұрын

The gospel is good news when we understand that we do not (and cannot) earn our salvation; the work of redemption and justification is complete, having been finished on the cross (John 19:30). Jesus is the propitiation for our sins (1 John 2:2). The gospel is the good news that we, who were once enemies of God, have been reconciled by the blood of Christ and adopted into the family of God (Romans 5:10; John 1:12). “See what great love the Father has lavished on us, that we should be called children of God! And that is what we are!” (1 John 3:1). The gospel is the good news that “there is now no condemnation for those who are in Christ Jesus” (Romans 8:1). To reject the gospel is to embrace the bad news. Condemnation before God is the result of a lack of faith in the Son of God, God’s only provision for salvation. “For God did not send his Son into the world to condemn the world, but to save the world through him. Whoever believes in him is not condemned, but whoever does not believe stands condemned already because they have not believed in the name of God’s one and only Son” (John 3:17-18). God has given a doomed world good news: the Gospel of Jesus Christ!

@thebeautyofjesuschrist8299 Жыл бұрын

HALLELUJAH AMEN PREACH THE WORD OF THE EVERLASTING KING JESUS CHRIST OF NAZARETH FOR ETERNITY AMEN!!!!!!!!!!!!!!!!

@Moneyovertruth 9 ай бұрын

I hate charity tank

@JundunYashua Жыл бұрын

Everyone of you here watching this video is going to die at some point and each of you will answer to God for every idle word spoken, deed done by your hands and the motivation behind it. Now, the evidence for this is that even if you say you don't believe me, your conscience bears witness that I speak the truth and you know there is a creator to whom you will answer to one day. Are you ready? Your "good actions" you rely on are detestable to God, lest you try to negotiate your way into Heaven. Only by grace and through faith shall you receive salvation. Seek Christ while you still can, only He can forgive your sins. Repent and be born again, of water and the Holy Spirit. I say this without judgement and in absolute love when I tell you that Jesus is the light of the world, in Him there is no darkness...

@TeeTeeBanks 2 жыл бұрын

What the heck!? 😐 Although, I read she didn’t go through with the deal bc of manufacturing disagreements, sigh of relief! But- she’s not very knowledgeable when it comes to crunching the numbers and negotiations. 🫤 And- everyone knows when in doubt, look at mark for confirmation! Lol 👀😬

@TeeTeeBanks 2 жыл бұрын

@@dogbreathmints Come on. It’s a win win situation. They benefit from people being on the show regardless.

@moaazalnaggary4536 2 жыл бұрын

@@dogbreathmints they used to take equity from the companies that would come on the show regardless if they got a deal or not, mark cuban said he would leave the show if they kept doing that so they stopped