Lori Wants 100% of Legacy Shave! | Shark Tank US

Lori Wants 100% of Legacy Shave! | Shark Tank US | Shark Tank Global

Рет қаралды 1,126,974

9 ай бұрын

Mike Gutow is seeking $300k for 10% of his patented shaving brush attachment, Legacy Shave.
From Season 14 Episode 7
Watch The Entire Series on Google Play: play.google.com/store/tv/show...
Subscribe to Shark Tank Global for more from your favorite shows: bit.ly/SharkTankGlobal
FOLLOW SHARK TANK
Shark Tank Global Facebook - [ / globalsharktank ]
About Shark Tank: The Sharks - tough, self-made, multi-millionaire and billionaire tycoons - continue their search to invest in the best businesses and products that America has to offer. The Sharks will once again give people from all walks of life the chance to chase the American dream and potentially secure business deals that could make them millionaires.
#SharkTank #SharkTankUS #LEGACYYSHAVE
Lori Wants 100% of Legacy Shave! | Shark Tank US | Shark Tank Global
/ @sharktankglobal

Пікірлер: 861

@mohamadshaker4236 9 ай бұрын

When Barbara was born, she looked up to the doctor and said, " I'm out"

@vincentchuvc 9 ай бұрын

😂

@jeffwhite459 9 ай бұрын

You got that right...don't know why she is on shark tank?!

@guzzijack9714 9 ай бұрын

Brilliant!👍

@Space98000 9 ай бұрын

LMFAO

@yamchimovits9227 9 ай бұрын

🐐 comment

@acesofglory 9 ай бұрын

Finally, an emotional speech without all the extra crying and pauses. That's how it should be done.

@spacemanchriss 9 ай бұрын

This the first comment I'm reading before watching the whole thing and I'm already excited

@blacjackdaniels200 9 ай бұрын

Cause he’s a Man.

@Rckstrroma5 9 ай бұрын

I agree

@CollegeHustler 9 ай бұрын

You said it first but I thought it first

@amen2god 9 ай бұрын

What's wrong with crying and pausing if it's emotional?

@RaoMuneeb-ot5dw 9 ай бұрын

That's literally the most emotional story ever (not to mention the guy has narrated it so peacefully without making extra fuss), which I bet has left most of us in tears like Mr Wonderful

@Lbsmith94 9 ай бұрын

100% agree

@bobbysunshine3458 9 ай бұрын

I second that 100% agree!

@agent0422 9 ай бұрын

"I want people to express their emotions in a non-emotional way. I am very smart and definitely not a dumbass". Get a grip, dude

@danielcortez741 9 ай бұрын

Mike is a P I M P , congrats brother

@lordThor312 9 ай бұрын

nah, boohoo 😂 everyone has a sad story lol. at the end of the day they only want moneyq

@houchi69 9 ай бұрын

I love that both Kevin and Mark were helping him. Kevin just knows business so well, and he always made the deal clear, in this case, even helped Mike understand the potential outcomes.

@Iloveyoursmile 8 ай бұрын

Kevin has been driving speedboat drunk, crushed it, killed the guy and put it on his sober wife and got away with it. He should be crying for that.

@SoyStories 8 ай бұрын

Which makes both Mark and Kevin an interesting Shark!

@jamesonpipes 8 ай бұрын

@@IloveyoursmileSource?

@Iloveyoursmile 8 ай бұрын

@@jamesonpipesKZfaq & Google

@jamesonpipes 8 ай бұрын

@@Iloveyoursmile Yeah, everything online says she was piloting the vessel and Kevin was a passenger. That’s why I asked for a specific source, because you’re adding random manufactured details in.

@joaquinfuentes7944 5 ай бұрын

So quick update, company is worth 6 million now, which means he got back his 300 thousand now in company worth because of his 5%, also anual sales are at 1.9 million, and 3 percent of that is 60k. So not too bad

@anakinjmanu 3 ай бұрын

Legend thx for this the story of this product is so moving good on him!

@tirado5398 3 ай бұрын

Que legal . 👏👏👏👏 Depois atualiza pra gente sobre a empresa legacy

@pneron2032 2 ай бұрын

It's 3% of the NET profit though, not of sales.

@DushisHere 2 ай бұрын

No 3% of sales in the royalty

@ManoharYerramYT 2 ай бұрын

3% of TOP LINE SALES and 5% of the NET PROFIT (5% equity).

@darkside_xposure 6 ай бұрын

The fact that Mark and Kevin were helping him negotiate says a lot. Also, first time I see Kevin in tears.

@jdotcelis 6 күн бұрын

There’s a couple episodes i’ve seen where he tears up

@brycegreenstein7441 4 күн бұрын

Kronos golf club had Mr Wonderful wiping away tears

@user-sm4mu1dp6p 3 күн бұрын

Whether they were helping him or their fellow shark depends on your evaluation of the resulting deal. He entered valuing his company at 3 million dollars (10 percent at 300k) and ended up selling it at a value of 735k (95 percent for 700k). He came down more than 70 percent on his valuation. Of course, he now has to do nothing and reduced his risk.

@Memphis901Production 4 ай бұрын

She said he’s not a clear communicator? That story narration was pretty clear. Straight to the point.

@jwill5892 17 күн бұрын

Now you know why the Barbara meme came to be.

@usmanshahid2219 10 күн бұрын

They cut out like 90% of the pitches to condense them; he probably was all over the place

@manuelr.5804 5 ай бұрын

-Hello Sharks! -Barbara: Im out.

@barbieluxxury9547 4 ай бұрын

😂😂😂

@MrOtasiikapois 3 ай бұрын

"Let me interrupt you right there, I'm out."

@syedzeashan8179 3 ай бұрын

Namitha Thapar

@alexandrous 2 ай бұрын

😢😢😢

@georgelionon9050 Ай бұрын

You are missing the absolute nonsensical explanation why she is out. "Hello Sharks"; "But today is a Tuesday for this reason I am out".

@geoygolf 9 ай бұрын

He entered the den looking to sell 10% for 300k, left buying 5% for 300k. Safe to say he was a believer in his valuation.

@eXHackeR 9 ай бұрын

Very true

@makteko 9 ай бұрын

Wow, that took me a minute to fully understand😂😂😂

@stevens7487 9 ай бұрын

It’s “the tank” brother… I love u Brit’s, but across the pond it’s “the tank”

@jeffpeterson4943 9 ай бұрын

Forget the 3% net sales?

@NotWatermElonMusk 8 ай бұрын

He believed in the valuation but the investor didn’t. Think of it this way - Lori valued the company at a $1M, and he accepted it and sold the company. Immediately after, he bought 5% for the 300k. Lori already recovered almost half her investment

@Lee-st4gs 9 ай бұрын

Quite literally, by far, one of the GREATEST & most well-prepared presentations of this show!!! GREAT JOB!!!

@SharkTankGlobal 8 ай бұрын

Agreed, this was one of my favorite pitches!

@SaiKumar-qs9ly 8 ай бұрын

my pitches? who are you? are u mark cuban?@@SharkTankGlobal

@MinecraftSMGbros 5 ай бұрын

@@SaiKumar-qs9ly probably just the social media intern lol

@darkreaper4990 Ай бұрын

@@SaiKumar-qs9ly nah why would a billionaire be out here replying to comments for minimum wage😂

@awsumawstun 9 ай бұрын

His brain works faster than he can talk lol, he definitely rambles. Smart to retain 5% though, even though he probably could’ve worked Lori back up to $800,000. Kudos to him

@dripdibi3000 9 ай бұрын

I woulda worked her to 8 and took 775 lol

@bramvanunen357 9 ай бұрын

That is exactly what i thought immediately... =]

@blakeaaron5698 9 ай бұрын

Exactly, I can't believe he didn't counter! He definitely left $100k on the table.

@usmantariq7997 9 ай бұрын

Doesn't really matter. He sold a company which was loosing money year over year for 700k and still maintained 5% equity + 3% royalties, what else would you need? He's made for life.

@gerrit_sam7375 9 ай бұрын

@@usmantariq7997the extra 100k

@brycespringfield5706 9 ай бұрын

I love Mark Cuban, he gives unbiased advice

@Arthurian. 8 ай бұрын

No he doesn't, Kevin O'Leary does.

@redarrowplayz4538 8 ай бұрын

@@Arthurian.No he doesn’t, Mark Cuban does.

@Arthurian. 8 ай бұрын

@@redarrowplayz4538you're riding the nark sausage... so tacky.

@chidi9646 8 ай бұрын

@@Arthurian.could say the same about you with Kevin

@faizansaduwala2757 6 ай бұрын

No one can beat Ashneer Grover 😅

@JasmineJu 9 ай бұрын

Wow, I've never seen Mr. Wonderful shed a tear before.

@SharkTankGlobal 8 ай бұрын

I was not expecting that either haha

@MiArcangel Ай бұрын

Who

@panyasethi3293 20 күн бұрын

@@MiArcangelKevin

@jordansweet8054 9 ай бұрын

Whew! You know it hits when Mr. Wonderful tears up.

@oknezakul2277 9 ай бұрын

Kevin saw 10 dollar bill ruined by the foam, that's why he was weeping

@legendarypo183 9 ай бұрын

@@oknezakul2277🤣🤣🤣

@etchvee 9 ай бұрын

Probably the best story ever - very touching

@cpcl1ps. 3 ай бұрын

Barbara : thats why i m out

@yafavblerd 9 ай бұрын

It's amazing he was able to hold his emotions in that entire time, truly inspirational!

@TheShahariar 9 ай бұрын

I have heard a lot of emotional stories over the year on reality shows but this here felt like the only genuine one, is the best and hits me the most

@muzammilaziz9979 9 ай бұрын

Mark is truly here to help the little guy.

@Arthurian. 8 ай бұрын

Mark, is that you?

@frezieduh3457 6 ай бұрын

If you make Kevin cry you know your storys heartwarming. This might be the most likeable guy ever in the tank

@chupapibingbong 3 ай бұрын

<a href="#" class="seekto" data-time="588">9:48</a> I love how both Mark and Kevin is full on board trying to explain the outcome of Lori's deal to make sure this guy understands what he's getting into. I especially love Kevin's explanation about the royalties here. Just two nice experienced blokes trying to help out a new entrepreneur.

@yodhin79 5 ай бұрын

The company is now worth $6 million and doing really well.

@JeremiahHalpin 9 ай бұрын

When he said he had his dad's ring on, that finally did it. Tears are rolling

@astropgn 7 ай бұрын

"I love your story, it was very touching, your father was definitely very proud of you; and for these reasons I am out" - Barb

@MxMicah1038 4 ай бұрын

Kevin might love his money but he’s a compassionate, sweet man. I love when he tears up because it shows his humane side.❤️

@johnathant6735 4 ай бұрын

Eh, he has emotions, but he’s a shark. In his past, he’s sold duds to other companies for billions.

@JadeiraSpady 3 ай бұрын

♋️

@hto8010 2 ай бұрын

@@johnathant6735those companies would do the same to you. Eat or get swallowed.

@omarguerrero7474 9 ай бұрын

Amazingly composed while sharing a difficult story, without taking the attention off his product. Las más ganas que le hechas lo mas te ayuda dios

@LongNguyen-ce8nn 9 ай бұрын

Man, he could’ve counter 900k. Hope the company is going strong and keeping his father's legacy alive.

@cchavezjr7 7 ай бұрын

That's why he's there. He doesn't have the business expertise to think on the fly like that. I also think he had no idea that a full buyout would even be on the table.

@darkside_xposure 6 ай бұрын

He could've but Lori was the only Shark left. He still got a good deal out of it!

@pauldavis5665 4 ай бұрын

Then Lori probably would have countered with 800k, he would have made an extra 100k. But in the end it doesn't really make that much of a difference if the business becomes worth multi-millions.

@nwijesinghe 9 ай бұрын

there's something about these stories of dad's who continue to look after their families long after they've left.

@Aaron-zl5gq 7 ай бұрын

What a great story, the best part about mark and Kevin is how much they still help even if there out

@xriot1752 9 ай бұрын

Lori going to 700k is BRUTAL

@darkside_xposure 6 ай бұрын

Dude wanted to keep the 5% and since she was the only shark left, she had the leverage, He needed her, not the other way around.

@Akpar11 4 ай бұрын

he should have countered to 800k. but he dint

@DrumBeats-jn5ek 4 ай бұрын

@@Akpar11And Lori would have said Nope, I’m out. Then he would be screwed because they clearly had no idea what they were doing & nearly ran the business into the ground.

@boulevardcutz6765 3 ай бұрын

Asf! I would have counter at 850.. I mean it was only an extra 2%🤷🏾‍♂️

@thebrownlizard3988 Ай бұрын

verrry

@peterwolftips 8 ай бұрын

One of the most uplifting episodes I've seend, and I'm following this show for years. Well done!

@plasmahandoku1073 9 ай бұрын

You always learn something new whenever Mark speaks up. I never knew about Smuck Inusrance.

@jimitjain6244 9 ай бұрын

Best story ever! So heart warming and emotional

@verticle2612 9 ай бұрын

Wow Lori! You are such an inspiration to all of us trying to bring our inventions to market. Thank you!

@dusanthsritharan2610 9 ай бұрын

Barbara : A phenominal salesman is a large concern for me and for that reason i'm out! 🤯🤯

@warriormanmaxx8991 9 ай бұрын

Hey @dusanthsritharan2610 - do you "fib" much in daily life, too? If above is a "joke" ... a large concern is ... joke sucks !!

@neilbahalnegen 6 ай бұрын

This was one of the best pitch, deal negotiations and the overall backstory.

@africar4592 9 ай бұрын

I Believe his Dad must be proud seeing his sons take the shot.

@benchamser4127 9 ай бұрын

Been waiting on this full pitch to drop!!

@FusionDeveloper 9 ай бұрын

A hug from Lori: Priceless.

@SharkTankGlobal 8 ай бұрын

Haha that's sweet

@gageboone1885 9 ай бұрын

Barbara is very unlikable in this clip

@justinenicole3926 9 ай бұрын

Very nice presentation. Clear and to the point.

@matthewthompson9632 9 ай бұрын

Gotta give it to the dude he got the passion listening to him present I felt like I could run through the wall

@yazzremingtonthethird5688 9 ай бұрын

Yesss when he countered with the equity that made me hella happy

@namanydv_garud Ай бұрын

This guy seemed genuine and he stuck with the legacy and his dreams. Good for him and Lori.

@airwreck213 9 ай бұрын

One of the few genuine people to step into the tank

@LucaFrost13 6 ай бұрын

The note was a real tear jerker wow ! GREAT JOB

@infowazz 8 ай бұрын

one of the best feel good episodes. so glad he got some equity.

@sleevenocardbehind 9 ай бұрын

Holy crap this is one of the best pitch+deals I've seen on Shark Tank.

@rowdyraeadventures 8 ай бұрын

Oh my goodness. I got chills from this story. I love it!

@hlewis5217 2 ай бұрын

Never in my life I would be SO proud of a complete stranger I watch on KZfaq. I'm rooting for him. Way to go, Mike!

@whiskeredshrimp 7 ай бұрын

amazing story and i’m so glad these two brothers are doing amazing now

@aliasone9827 8 ай бұрын

He did the right thing selling it .. because he couldn't manage his way out of a paper bag ..but the product is cool ..lori could turn it into a great business

@WildFireGaming7 5 ай бұрын

This was the best product pitch, product itself, and story I’ve ever heard on Shark Tank

@nathanlira2270 9 ай бұрын

Right decision for him part. Continue the legacy! Sucess for this entrepreneur!❤

@torihollar555 2 ай бұрын

What a sweet guy I shed a tear when he had his dads ring on

@eduardo9514 8 ай бұрын

I swear mark calls everything the best presentation ever

@samanthalinares8249 9 ай бұрын

Loved how he was mentioning David and Goliath. Great way to honor God and His kingdom by helping to be a light

@johnnyr8603 9 ай бұрын

I have never seen Mr. wonderful cry or tear up on the show before.

@aaronjordan7729 8 ай бұрын

Lol it has happen a bunch u just haven't watched enough lol

@ItsxMagiicGaming 3 ай бұрын

He tears up often lol. Mark is the only one who almost never does lol

@africar4592 9 ай бұрын

At this point I've lost count of how many times mark has said "best presentation ever"

@Yiuu32 9 ай бұрын

I went to the website , I think Lori need to renew the website and start marketing campaign coz still a lot of people have never hear about this awesome product

@bhavnakumar2331 9 ай бұрын

I agree , their social media hasn't updated since Nov 2022

@KK-fw4zq 9 ай бұрын

At least he got $700k out of it

@Yiuu32 9 ай бұрын

@@KK-fw4zq it’s not about the 700 K he got , i believe it’s very good product and can make millions easy

@MaxBeech 9 ай бұрын

From what I heard sadly Lori didn’t complete the deal

@Yiuu32 9 ай бұрын

@@MaxBeech ohhhh that’s sad

@MrHerks 8 ай бұрын

I think this was the best episode I’ve seen. Way to go Mike

@eazylsx956 8 ай бұрын

He hold his composure outstanding speech I love it!!!❤

@EZurg 9 ай бұрын

Absolutely one of my favorites.

@domcarosa 4 ай бұрын

One of the best Shark Tanks ever and Lori has a very good eye for products!

@zkuang9619 9 ай бұрын

what a presentation. Masterclass

@sbusc60421 4 ай бұрын

you are the best shark tank i learn a lot from you THANK YOU

@RaeBattleRapsMood 9 ай бұрын

This is rare but I really love this product!! Can’t believe the sharks went out. Probably cuz sales declined but it just needs some better marketing and nurturing! Great story❤

@noname-tf7kq 9 ай бұрын

This was on Canadian dragons den 10+ years ago, Robert and Kevin laughed it off 😅 .. different "inventor"

@Girayto 7 ай бұрын

Wow, I'm crying. This is by far the best pitch ever.

@devinthebarber 9 ай бұрын

He would be a great spokesperson for shark 🦈 tank 💪🏾🙏🏾

@aashishsingh5741 3 ай бұрын

Goosebumps! when he brought up the note from his dad.

@seagullseagullseagul 8 ай бұрын

I AM TEARING UP BECAUSE HE WORE HIS DADS RING TO INCLUDE HIM

@mattzamora112121 9 ай бұрын

You can turn this into a movie 😢

@STX.E4GL3 9 ай бұрын

Most wholesome episode for sure

@sparky1642 9 ай бұрын

By far my favourite pitch on Shark Tank!

@allexmugambi7503 9 ай бұрын

I've been looking for this episode

@AngryPandad 7 ай бұрын

Would have loved for him to say “and that’s dragons den!” 😂

@gauharazeem 9 ай бұрын

The guy is a great story teller

@12367kevin 9 ай бұрын

I know he has a beautiful hearted family

@LaSenoritaLadrillos 9 ай бұрын

Omg!! Goosebumps this is amazing

@sibilaokuda8851 Ай бұрын

This was the best episode ive watched! What a story, what a man! I cryed so much ❤

@theras18 8 ай бұрын

His Dad looks down on him from up above very very proud.

@tori4040 9 ай бұрын

Probably my favorite shark tank episode

@drdr76 9 ай бұрын

Looks like they both made a good decision. Time will tell.

@Papazipper9436 9 ай бұрын

That 5 % is more valuable then any dollars just for the sentimental value!

@swayzy762 Ай бұрын

Wow. Probbaly the best 'story' behind a product ive ever heard, especially on shark tank.

@williampereira8868 8 ай бұрын

Wow can't wait to see this product in stores will for sure give it a try

@jamieyates9255 21 күн бұрын

I usually roll my eyes at how everybody on here has some emotional story and then starts crying. But this time, I was the one that started crying. Sheesh what a moving story about his Dad. I'm glad that he held on to some of the company.

@badams4096 9 ай бұрын

the fact that kevin is crying😭

@Ogcuda 9 ай бұрын

Great demonstration... id buy this product

@jupiter9099 3 ай бұрын

The post-death note hit like a damn truck. Easily one of the most raw and emotional moments from this show.

@amlach1 8 ай бұрын

I hope it goes well for you, good luck brother! ❤

@cchavezjr7 7 ай бұрын

This is the best story and backstory ever on Shark Tank.

@ashtonchapman2613 2 ай бұрын

Lori is an absolute amazing negotiator and shark!

@user-oc2nq5cd2z 9 ай бұрын

When was the last time you saw Barbara make any investment? She is known for going out.

@franklinegbuche7097 9 ай бұрын

I want to believe Lori would have accepted $800,000 if he had made that offer.

@corierayvonssidenigga7508 9 ай бұрын

Right, now after taxes he’s probably going to come out with 400,000

@jonmcclain662 9 ай бұрын

@@corierayvonssidenigga7508 Even so, he got out of a failing business, its best to take the passive income and the big check now instead of going up against a big industry with very little knowledge.