CoinOut Entrepreneur SHUTSDOWN The Sharks & Treats Them As "Equals" | Shark Tank US

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Shark Tank Global

Shark Tank Global

Жыл бұрын

Jeff Witten is seeking $250,000 for 7.5% of his service that lets you scan receipts for cash back, called CoinOut.
From Season 9 Episode 23
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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.
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CoinOut Entrepreneur SHUTSDOWN The Sharks & Treats Them As "Equals" | Shark Tank US
/ @sharktankglobal

Пікірлер: 3 200
@vxintruder
@vxintruder 2 ай бұрын
Bro came and clutched a 1v5😂
@flexixanos
@flexixanos 26 күн бұрын
Aced the lobby😂
@bman7399
@bman7399 21 күн бұрын
🤣🤣🤣
@itsmekrazyy
@itsmekrazyy 14 күн бұрын
LMFAO
@razzledazzle7446
@razzledazzle7446 11 күн бұрын
Video gamer 😂 love it
@DavidN16792
@DavidN16792 9 күн бұрын
the glazing is crazyyy
@MultiSciGeek
@MultiSciGeek 7 ай бұрын
Sharks and entrepreneur: arguing Barista: 👁👄👁
@YashZauwar
@YashZauwar 3 ай бұрын
😂😂
@c4un544n5
@c4un544n5 3 ай бұрын
8:56 when they film her looking around lmao
@HieronymousLex
@HieronymousLex 3 ай бұрын
This is why you have your assistants leave after the demonstration lol
@OvaltineJenkinsFx
@OvaltineJenkinsFx 2 ай бұрын
Hahaha the emojis just killed me
@Nitro_us
@Nitro_us 2 ай бұрын
lol
@jacobseed2123
@jacobseed2123 8 ай бұрын
This dude came prepared with tons of confidence, he stood up to Mark, Kevin, and Barbara and he still left with a deal, congrats to him
@vasudevjs2468
@vasudevjs2468 6 ай бұрын
The one that he was seeking was still outrageous tbh
@samsterling4060
@samsterling4060 6 ай бұрын
@@vasudevjs24680😊
@vanmamawannabe6360
@vanmamawannabe6360 6 ай бұрын
To you, it looked like confidence, to me it looked like arrogance
@self-righteousideologue9398
@self-righteousideologue9398 5 ай бұрын
​@@vanmamawannabe6360- I'm sure there's a thin line between the two. Most people in comments thought confidence though. But yeah, probably a thin line.
@MightySerg
@MightySerg 4 ай бұрын
it depends on what you appreciate more. money or a mentor ?? let it sink @@vanmamawannabe6360
@codyslade5558
@codyslade5558 4 ай бұрын
He is an attorney. Of course he has confidence and the ability to control the room.
@ssj4rit
@ssj4rit 19 күн бұрын
Some attorneys come on this show and don't have that.
@niqqas1nParis
@niqqas1nParis 16 күн бұрын
lawyers are like magic, focus here but im here, if you do this with confidence you just may win everytime
@Hahahahaaahaahaa
@Hahahahaaahaahaa 10 күн бұрын
Have you seen trumps lawyers?
@spokelord
@spokelord Жыл бұрын
one of the most confident entrepreneurs on the show who didnt take it too far and become arrogant. great representation on how to respectfully stand your ground
@AntoSimoes
@AntoSimoes Жыл бұрын
Kevin was being such a dick to him lol
@j.j.1517
@j.j.1517 Жыл бұрын
Great example of how to stand your ground with being arrogant or insulting. I think he gave Kevin exactly what Kevin gave him and didn't take it any step further.
@fpshooterful
@fpshooterful Жыл бұрын
"Confident"???" hmmmm i wouldn't go that far. The part where Barbra asked this pitcher to meet her certain guidelines in terms of making profit, and this entrepreneur said pretty much "NO". Indicates his uncertainty in his OWN business. I wouldn't call that "confident".
@universityoflatetest
@universityoflatetest Жыл бұрын
Everyone complain about Mr. Wonderful so bad.
@miraonthewall5284
@miraonthewall5284 Жыл бұрын
Is this literally no different than fkn coinstar?
@alexbuss3377
@alexbuss3377 Жыл бұрын
This dudes confidence and resilience is what kept him in the game.
@Arthuur9
@Arthuur9 Жыл бұрын
I think it could have done the opposite too. Good for him tho
@cabilgibbs
@cabilgibbs Жыл бұрын
Truuff
@switchunboxing
@switchunboxing Жыл бұрын
Of course. They had objections and he overcame them. That’s how a pitch works. Many of them would have just said “yeah sorry I suck” lol. However. I don’t see how this succeeds lol
@ericcartmen3653
@ericcartmen3653 Жыл бұрын
What did you expect lawyer 🤷🏾‍♂️
@reckstacy9470
@reckstacy9470 Жыл бұрын
@Cringe City isnt that with your debit card though? Not cash/coins
@jamesmcginn6291
@jamesmcginn6291 9 ай бұрын
He was sooooo prepared. He had an instant comeback for every objection. Impressive.
@UncleHashy
@UncleHashy 8 ай бұрын
He went to law school...
@SarahH9000
@SarahH9000 4 ай бұрын
Corporate lawyer
@griedd
@griedd 3 ай бұрын
@@UncleHashywhy are you saying …after like it’s a bad thing? going to law school doesn’t just make you come up with good comebacks. he researched the market and found wholes in the sharks arguments. you don’t need to go to law school for that
@a8ci744
@a8ci744 2 ай бұрын
@@grieddit’s *holes btw and law school does help.. when your in court you’re literally arguing why you’re correct. Or why something is wrong. It goes back to the same thing, thorough research and being educated on what you’re talking abt.
@subham.biswas
@subham.biswas Ай бұрын
@@griedd nope going to law school makes you gigachad like harvey
@nitasaragih6419
@nitasaragih6419 3 ай бұрын
This is how you pitch. Prepared, logical, completely understanding the product and the game you are in.
@sauravsen98
@sauravsen98 3 ай бұрын
Come to India and learn about UPI and you don't have to run into this much of complications!
@medotedo8410
@medotedo8410 2 ай бұрын
@@sauravsen98 India !!! the scammers, no thanks.
@michaelorta2199
@michaelorta2199 Жыл бұрын
He controlled the room the entire time. His confidence is wicked impressive.
@dejamike88
@dejamike88 Жыл бұрын
He should have gone with his corporate lawyer route.
@aperkins07
@aperkins07 Жыл бұрын
@@dejamike88 definitely or apple offer
@vanessahargreaves528
@vanessahargreaves528 Жыл бұрын
they were all in his frame
@rnz1er
@rnz1er Жыл бұрын
@@aperkins07 he makes 12mil annually now lmfao, I think this was the better choice.
@gregbaxter6162
@gregbaxter6162 Жыл бұрын
He controlled the room and lost half of what he wanted to
@Kriptiko
@Kriptiko Жыл бұрын
Bro just HAD to get that last dig at Kevin out before the deal lmao this guy is a legend.
@leelunk8235
@leelunk8235 Жыл бұрын
LOL
@MusicalMemeology
@MusicalMemeology 2 ай бұрын
That guy is an absolute legend. He was so good at standing up for himself he would be an amazing lawyer.
@panyasethi3293
@panyasethi3293 Ай бұрын
Lmao
@dgjwngwergwr8782
@dgjwngwergwr8782 23 күн бұрын
@@MusicalMemeologyExcept his product is garbage
@ihavenoname-qm8nr
@ihavenoname-qm8nr 20 күн бұрын
@@dgjwngwergwr8782 He took the deal, so its an opinion nobody need from you
@user-uw6pr7gv5x
@user-uw6pr7gv5x 6 ай бұрын
He is not only solving the problem of keeping change, but also helping cashiers who always have issues with returning coins to customers.
@user-ze1kb9wp1l
@user-ze1kb9wp1l 5 ай бұрын
yes
@user-hc9nz9kb7h
@user-hc9nz9kb7h 2 ай бұрын
But really, he's creating a no friction loyalty program that benefits the stores and helps them have their customers coming back to them... It's insane value and I can see this becoming HUGE
@jwill5892
@jwill5892 26 күн бұрын
Do they not know how to count?
@Geeezy24
@Geeezy24 15 күн бұрын
​@jwill5892 I swear they just eye it out now days 😂
@ranolol
@ranolol Күн бұрын
@@jwill5892 It's called stealing mate.
@OshineTheOranguTANK
@OshineTheOranguTANK 8 ай бұрын
I love how they just had the cashier awkwardly standing there thru negotiations
@johannklein7284
@johannklein7284 2 ай бұрын
he would celebrate and hit her later.
@estebantapia9659
@estebantapia9659 Жыл бұрын
Back in 2021 the company was acquired for an undisclosed amount, but his annual revenue was $12 million. Heads up for this guy who knew what he was up to
@plasticstuff69
@plasticstuff69 Жыл бұрын
Without Robert! He never finalized the deal 😢😂
@souldesire5932
@souldesire5932 Жыл бұрын
@@plasticstuff69 It seems like so often this happens. I read it all the time in comments, it's incredible how often the deals fall through
@kevindunlap5525
@kevindunlap5525 Жыл бұрын
With 3% being transactional, and the need for at least one new tablet and software at every location and maintenance, plus the extra expense for the companies now having to hold on to EVEN MORE CHANGE, plus who knows what else, to get $250/year out of a company and that already have a better relationship with the people who put their change in the tip cup........... I don't see it. The ol' undisclosed amount routine.
@frankcb11
@frankcb11 Жыл бұрын
@@viacomsspy5439 that's not true a lot of marks deal fall through also
@wastedtalent1625
@wastedtalent1625 Жыл бұрын
@Kevin Dunlap you don't see it but they were bought out by someone so.....
@kausthubkrishnamurthy2410
@kausthubkrishnamurthy2410 Жыл бұрын
The two most impressive bits for me was: 1. Being clear in saying when a condition wasn't in his own best interest. 2. Communicating that Kevin just didn't show any real interest in the business - and that that couldn't be solved by money. Good to see an entrepreneur stand their ground firmly and fairly.
@Culvey
@Culvey Жыл бұрын
And the jab at Kevin in the end really sealed the deal
@sukhmanisingh1903
@sukhmanisingh1903 8 ай бұрын
precisely @@Culvey
@anthonyalvarez2037
@anthonyalvarez2037 5 ай бұрын
That that is so true
@wayneerichsen
@wayneerichsen 5 ай бұрын
It's a shame it just isn't a good product.
@coryc9040
@coryc9040 4 ай бұрын
People like this scare me. I think this is a horrible idea. Cash is going away. There is already a solution via credit cards. Why would people who use cash want some of their money to be digital. It sounds delusional to me.
@eshaansimha3625
@eshaansimha3625 7 ай бұрын
One of the first times Barbara's actually contributed in terms of giving credit to the entrepreneur, AND making an offer for a business she feels will succeed
@israels841
@israels841 4 ай бұрын
Not really that actually hurt him , that’s what made mark get out because she praised him the reverse psych won’t work on ego maniacs
@dragontamer561
@dragontamer561 3 ай бұрын
She made an offer only to say "Im Out" 10 seconds later
@Ltsgtrvl
@Ltsgtrvl 2 ай бұрын
I heard she called in to a radio station later that night to say she’s out.
@tanishpanjwani3117
@tanishpanjwani3117 2 ай бұрын
He beat kevin at his own game. Kevin usually negs the f out of the entrepreneur, makes them feel worthless and then comes in with low ball valuation to scoop the company for cheap. This guy stood up to him and showed him that if he thinks that product is bad, then perhaps he shouldn't be involved with it.
@molakers37
@molakers37 Жыл бұрын
He had a rebuttal for every point the sharks threw at him. He had his numbers. Respect 🔥
@kevindunlap5525
@kevindunlap5525 Жыл бұрын
You are always going to have quotas, and every day you have them at work. If he was sure enough to spout it out to get someone else's money, then he should have already been sure that he believed in it. More so. He was well spoken, that's all he really had. He's a corporate attorney. Rebuttals also need to be effective. He wasn't effective enough to CONVINCE venture capitalists that his product was solid enough to invest in. It doesn't matter what he did later or before. That's why he went there in the first place.
@user-hj5kq6xg9c
@user-hj5kq6xg9c Жыл бұрын
He didn't have ant rebuttal except for more BS🤣🤣
@Golden.Chords
@Golden.Chords Жыл бұрын
He didn't have any numbers in the first place lol
@frankcb11
@frankcb11 Жыл бұрын
He was rude though lol
@vble2337
@vble2337 Жыл бұрын
he’s worked in the boiler room before.
@sebasmana5798
@sebasmana5798 Жыл бұрын
Kevin had me dead when he pointed out the girl who was looking at the entrepreneur with fear, and she started laughing 😂
@stepupthriftingstore7024
@stepupthriftingstore7024 Жыл бұрын
When??
@thejamesbond0058
@thejamesbond0058 Жыл бұрын
@@stepupthriftingstore7024 at start of episode when kevin starts saying your gonna be crushed to thatguy
@andren2747
@andren2747 10 ай бұрын
3:22
@nikhilmule8968
@nikhilmule8968 9 ай бұрын
I thought the girl was his wife
@bobbobb5759
@bobbobb5759 8 ай бұрын
Looked more confused at such an odd statement. and gave a pity smile.
@rezonerizu
@rezonerizu 8 ай бұрын
Gotta give it to Kevin for "mostly" always laughing off whatever joke or insult is thrown at him.
@ashtonndlovu9470
@ashtonndlovu9470 27 күн бұрын
Mark would have exploded if he insulted his team 😂
@jwill5892
@jwill5892 26 күн бұрын
One attribute Kevin has that is better than Mark's
@jasonbaber1526
@jasonbaber1526 7 ай бұрын
He was impressive. He followed the mantra "Power is something you take". He stood his ground.
@noahfestenstein9466
@noahfestenstein9466 Жыл бұрын
I've never seen anyone step up to Mr. Wonderful like that, good on him.
@sayandebnath6445
@sayandebnath6445 Жыл бұрын
He had a point against Mr Wonderfool.....this guy should be kicked out of shark tank immediately after the way he defended scam bankman fiend
@crispyybaconx
@crispyybaconx Жыл бұрын
@@sayandebnath6445 don't you mean scam bankrupt fraud
@Naturefan354
@Naturefan354 Жыл бұрын
@@sayandebnath6445Why are you so pressed about it though? I don't get why people take it so personal when the sharks challenge their company. If I was confident in my company and or product then I could take criticism and questions about it
@sayandebnath6445
@sayandebnath6445 Жыл бұрын
Boy if Sam was being bankrupt...he prolly has lots of stolen money in stash
@erikzavala2377
@erikzavala2377 Жыл бұрын
@@Naturefan354 kevin didn't ask him questions ya donut. He just insulted him.
@m4dmxoidelles
@m4dmxoidelles Жыл бұрын
Hey man, gotta give the guy props for standing his ground.
@born2win262
@born2win262 Жыл бұрын
He was on his way to becoming a corporate lawyer lol darn right he could stand his ground with facts
@user-hj5kq6xg9c
@user-hj5kq6xg9c Жыл бұрын
Standing his ground? More like talking bs🤣🤣🤣🤣🤣🤣
@anekopp9876
@anekopp9876 Жыл бұрын
i would never do a deal with such a stupid guy..hate his attitude hate his character but the product and tech is good.
@conundrum60690
@conundrum60690 Жыл бұрын
I don’t. He didn’t stand his ground. How many stores can you do 700. Ok deal contingent on 700 stores. No I can’t do that. He didn’t even try to negotiate that. “700 is our goal and I believe we can hit it; but for a formal deal would you agree to 600 by the end of our first year?” He just stepped away entirely. Also his evaluation was nuts; his business has no value yet; just potential. 250k for 15% was fair
@LaGrandeBayou
@LaGrandeBayou Жыл бұрын
It's much easier (and smarter) to stand your ground once you're pitch has gotten a few sharks circling.
@Temidjoy
@Temidjoy 8 ай бұрын
This is what we call head-to-head. The confidence level is mindblowing!
@quadplays924
@quadplays924 2 ай бұрын
Honestly I think his confidence & strong demeanor is what got him the offers. I don’t think he was going to get any offers if he didn’t stand his ground. Good for him.
@thatzevy
@thatzevy Жыл бұрын
So refreshing to see an entrepreneur stand up to the sharks without attacking them back or feeling salty about their comments, I'm sure he'll be successful no matter what he does, very confident guy!
@fxyde
@fxyde Жыл бұрын
he did! $12 million in annual revenue.
@switchunboxing
@switchunboxing Жыл бұрын
You had me in the first half NGL
@HooliganHustla
@HooliganHustla Жыл бұрын
@@I_have_the_suds no doubt he was salty lol he looked and even spoke salty and joked Kevin cannot use his product bc he didn't say anything nice about it hahahahaha.... but yea fosho he handled it well but was still salty
@NathansGOfficial
@NathansGOfficial Жыл бұрын
Indeed!
@NikeH18
@NikeH18 Жыл бұрын
Yeah and the background in corporate law probably helped.
@samsangani4447
@samsangani4447 Жыл бұрын
This guy came prepared. He didn't come for just the money - he knew what he wanted. How many times have I seen business owners get: - bullied by the sharks - speaking over them - not allowing them to justify - having the last word This guy was quick and knew his operations. Literally called out Kevin stuck it up to him in the end. Kudos!
@kaedenwebb7623
@kaedenwebb7623 Жыл бұрын
it was a a very risky investment with hardly any evidence it will be successful.
@encycl07pedia-
@encycl07pedia- 11 ай бұрын
What does your penultimate sentence even mean? It makes no sense.
@dismalthoughts
@dismalthoughts 10 ай бұрын
@@encycl07pedia- I think it should have read "Literally called out Kevin _and_ stuck it to him in the end." Called Kevin out and, in the end, (1) got the deal anyways then (2) lobbed a small mostly good-mannered "f u" in Kevin's direction lol.
@T12J7
@T12J7 8 ай бұрын
Yes but the product sucks.
@ceterisparibus8966
@ceterisparibus8966 7 ай бұрын
why?@@T12J7
@bluerain9104
@bluerain9104 10 ай бұрын
I actually love this idea. It's rare that I pay in cash, but when I do I would absolutely use this.
@nicksaldana346
@nicksaldana346 9 ай бұрын
I love this guy. Let your nuts hang. Be confident and don’t let people walk on you but do it all with respect/character.
@shubhampasari7123
@shubhampasari7123 Жыл бұрын
Such a thin line between being rude and resilient. This guy nailed it!
@leelunk8235
@leelunk8235 Жыл бұрын
HE RIMMED THAT SILVER LINING
@OzzyTheGiant
@OzzyTheGiant 5 ай бұрын
Agreed, it's all about knowing your facts, your worth, and how you say things. Dude gave a negotiation masterclass
@itstyypical3908
@itstyypical3908 Жыл бұрын
I can’t believe after literally taking a beating from the sharks, Kevin in particular, he still managed to come out with a deal. What a man.
@floydmayweather2297
@floydmayweather2297 Жыл бұрын
I am surprised that Mr. Cuban wasn't interested in the deal.
@anshluthra6500
@anshluthra6500 Жыл бұрын
Deal didnt go through
@austensiegler8556
@austensiegler8556 Жыл бұрын
I think you should look up what literally means
@bubzilla6137
@bubzilla6137 11 ай бұрын
​@@austensiegler8556YES!!! This is one of, if not THE most overused AND misused word I hear these days! And I mean that quite literally, ironically enough... 🤦
@colaman8269
@colaman8269 10 ай бұрын
@@bubzilla6137 What if hes not literally using the world literally
@iamassyl
@iamassyl 9 ай бұрын
LMAO them zooming in that barista's face is taking me out 💀😆
@iatenorio
@iatenorio 8 ай бұрын
Jeffrey Witten is impressive. He was prepared and knew how to befittingly pivot when he felt cornered. One of the few who could stand their ground when against the odds. Props to him!
@Nasa1001
@Nasa1001 Жыл бұрын
Barbara: "I have one contingency, if we make the deal Im out"
@aubreynaarcher8916
@aubreynaarcher8916 Жыл бұрын
Roflmao
@imchrisjacobs
@imchrisjacobs Жыл бұрын
😂😂
@danellethompson8079
@danellethompson8079 Жыл бұрын
🤣🤣🤣
@AlM2468
@AlM2468 Жыл бұрын
🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
@JaeJunBrianLee
@JaeJunBrianLee Жыл бұрын
😂😂😂😂😂😂😂😂😂😂😂😂
@ahmedxkhan
@ahmedxkhan Жыл бұрын
This is one of the best shark tank episodes ever! That dude was not backing down! And did not give the sharks the power they wanted, he did it all professionally with no emotional nonsense. A real talent, hope his business goes far.
@liamczyzniejewski9852
@liamczyzniejewski9852 Жыл бұрын
What do you mean he didn’t give power lol he backed down from not going over 12.5%
@theflash691
@theflash691 Жыл бұрын
@@liamczyzniejewski9852 The sharks aren't in the position to move, they're already billionaires Given the other offer on the table, if he wanted the deal he'd take the 15% so that's what he did. Being too pushy when negotiating with a shark on their final offer could risk losing the deal and it's happened to plenty of people on ST before Sure the concept is great (loose change really sucks) but they could tell the logistics might not work out and they weren't guaranteed or promised they would, so kind of a disadvantage there
@adingdingdiiing6740
@adingdingdiiing6740 Жыл бұрын
He sold and abandoned this business and the deal with Robert didn't close.
@codex9279
@codex9279 Жыл бұрын
@@adingdingdiiing6740 all I'm hearing is he got a big payday
@on-line10
@on-line10 9 ай бұрын
cringe tf idiotic -_-
@panyasethi3293
@panyasethi3293 Ай бұрын
Loved the fact that he took a stand and was clear on what was working for him and not working for him and was super confident ✨
@Ma7hiu5
@Ma7hiu5 3 ай бұрын
Arguing with the sharks this way, is how it's done, fighting for your own business and having a fierce back and forth just shows how much he is willing to make it succeed....
@Austin-me1fc
@Austin-me1fc Жыл бұрын
Barbara saying “because you’re rich” was the realest thing she’s said
@superkamiguru7985
@superkamiguru7985 8 ай бұрын
Lol, poor people don't like carrying coins too.
@MomentumTRIBE815
@MomentumTRIBE815 8 ай бұрын
@@superkamiguru7985I do
@pauldavis5665
@pauldavis5665 4 ай бұрын
That's actually not true though. I'm not rich and I still hate having to carry around coins. I am sure most people feel the same regardless of how much money they have.
@AidanHutchinson-wncp3po
@AidanHutchinson-wncp3po 11 күн бұрын
Yeah I’ve never met a person who likes carrying change regardless of their class 😂
@ashenmunasinghe4193
@ashenmunasinghe4193 Жыл бұрын
I felt the moment he was touching his wedding ring, he had to dig deepdown to convey all the strenght into him to respond to all these sharks coming at him. Such a strong young man! Well done!
@sarahisatitagain
@sarahisatitagain Жыл бұрын
His spouse must be so proud of him!
@ps-yk8su
@ps-yk8su Жыл бұрын
His father in law would not invite him to Thanksgiving
@dsrree
@dsrree Жыл бұрын
He was just fidgeting with the closest thing while he kept his hands together in "presenter mode" the whole time. I also fidget with my wedding ring all the time without thinking about my wife. Thinking that he was touching it to gain strength or whatever is something you made up in your mind.
@janecoe9407
@janecoe9407 Жыл бұрын
HE WAS ANNOYING.
@on-line10
@on-line10 9 ай бұрын
cringe tf idiotic -_-
@NickVillari
@NickVillari 10 ай бұрын
Insane confidence from this guy
@dynamic2345
@dynamic2345 9 ай бұрын
What a likable confident guy.
@John-pp8qv
@John-pp8qv Жыл бұрын
I think being respectfully confident goes a long way with the sharks. He had to battle, he had to put a couple in their places, yet he did it with professionalism and without any ill-flavored conflict.
@kingraghavsahni
@kingraghavsahni Жыл бұрын
Robert didn’t close the deal post the episode but the company became a success and was acquired by a larger group. Kudos to the founder. Confident and brilliant
@xxgorvexx
@xxgorvexx Жыл бұрын
Why is Robert even on the show
@danielflores9014
@danielflores9014 Жыл бұрын
So he lost everything than
@gabes4656
@gabes4656 Жыл бұрын
@@danielflores9014 he sold everything and the got the bag bozo
@RockBisonQ
@RockBisonQ Жыл бұрын
@@xxgorvexx sometimes it is strange that people do not understand the concept of a business deal, all deals are not final until after the pitch when they are able to verify the documents and other aspects so people still have time to back out. Rob is a long-term shark on the show because he is a successful businessman and it is his money he invests in these people, he got to back out if it was not the way it is supposed to be. The person also got exposure regardless so it is a win situation, not a loss for the entrepreneur.
@HorsesIC
@HorsesIC Жыл бұрын
@@danielflores9014the end goal for most startups like this is to be sold to a larger company. It was acquired by a data analysis firm who definitely paid crazy money for it.
@RichardMeikle
@RichardMeikle 10 ай бұрын
He has a great idea and they wanted to break down his confidence in order to get him to accept what ever they offered.
@ShayCat
@ShayCat 4 ай бұрын
This guy is 100% confidence and not so much ego with an empty head. I love his invention.
@Davechappelle445
@Davechappelle445 Жыл бұрын
I can’t believe this but watching this guy stand his ground inspired me. He seemed nervous when he walked in but he dug his heels in. Respect my man !
@ok-kk3ic
@ok-kk3ic Жыл бұрын
Yah he progressively gained his footing.
@rmac3217
@rmac3217 9 ай бұрын
I still don't get it, if I don't want coins I use card, if I'm a cash guy I don't use cards linked to online accounts, where's the market?
@laundrysauce1649
@laundrysauce1649 9 ай бұрын
@@rmac3217chances are if you use cash, you have SOME form of online payment. I highly highly doubt there are many walking around with no bank accounts
@quitmakingmelaugh
@quitmakingmelaugh 9 ай бұрын
⁠@@rmac3217it’s 2023. Go get a card and bank account. Otherwise there IS no market for someone like that, and not only that but you wouldn’t be the consumer this business is looking to provide services to.
@crescentfuze
@crescentfuze 3 ай бұрын
A fiver is substantially easier to carry around than coins to make £3.47, you see?
@neousabebe9700
@neousabebe9700 Жыл бұрын
Thank you for not spoiling the outcome in the video's title.
@BigHairyRick
@BigHairyRick Жыл бұрын
He doesn't think that businesses will use their program. Most places already have their own loyalty program and it does not make sense to pay for another program.
@cindynewman902
@cindynewman902 8 ай бұрын
He was assertive, respectful and confident and held his own. I don’t call that cocky.
@ethansaltmere
@ethansaltmere 3 ай бұрын
fun fact: what mark cuban said at 6:07 is what the creator took on board straight after this deal. The deal with robert never went through and he reworked the product and sold it at a much higher valuation based on cuban's recommendations.
@MC-uf1ts
@MC-uf1ts Жыл бұрын
There’s no existing world where I would ever trust Kevin O’Leary
@christinanomah8754
@christinanomah8754 Жыл бұрын
😂😂😂😂😂😂
@QuadLamb
@QuadLamb Жыл бұрын
If Kevin puts up an offer he believes he’s going to get you enough profits to get his money back. The only problem is that maybe in the long term you would end up with a worse deal than with other sharks.
@PH1LZ
@PH1LZ 9 ай бұрын
Did somebody say *P E R P E T U A L R O Y A L T Y* ?
@robbiewhite2351
@robbiewhite2351 9 ай бұрын
That’s lunacy. Kevin is by far the most disciplined investor on the show and well-respected in the VC world. I would partner with him in a heartbeat
@AMH793
@AMH793 8 ай бұрын
@@robbiewhite2351Kevin O’Leary shilled for FTX even after it was abundantly clear that SBF was committing fraud
@malikbezhanakbari935
@malikbezhanakbari935 Жыл бұрын
His last act on Kevin was hilarious 😂 well done young entrepreneur 👏
@MeloTheSsj4
@MeloTheSsj4 9 ай бұрын
Wish I could see how it’s going with this business and this shark that came in With all kinds of confidence in most respectful way and got a deal 🦈👏
@earthteamjordan
@earthteamjordan 15 күн бұрын
The Cameraman needs credit for 3:26 that's a top tier camera zoom. Its like something straight out of the Office
@dbgamma
@dbgamma Жыл бұрын
This guy is so incredible and SOLID. Love how he handled and managed these Sharks.
@That_one_introvert.
@That_one_introvert. Жыл бұрын
Lawyers are good at that 😂
@dbgamma
@dbgamma Жыл бұрын
@@That_one_introvert. Hahaha!
@raiderxskull
@raiderxskull Жыл бұрын
I admire this guy's confidence in his business. Never seen someone who didn't emotional nor get arrogant and stood their ground like that. AND cut down Kevin. Huge Kudos to that dude
@asifahmed4830
@asifahmed4830 2 ай бұрын
Its good the deal actually ended yp falling through because they sold to a large consortium that does market data for large retailers north of $50M
@pintofamilyutube
@pintofamilyutube Жыл бұрын
First time ever I heard someone give Kevin right back on his face and stand tall and get a deal. Awesome. Loved it.
@ericd2193
@ericd2193 Жыл бұрын
the shot at kevin at the end was great
@Naturefan354
@Naturefan354 Жыл бұрын
Eh It also makes him sound immature though. It sounds like he can't take criticism without getting all pressed and is just angry that they all where not excited about his company except Robert, who never closed the deal BTW
@topshelfdustin3060
@topshelfdustin3060 Жыл бұрын
@@Naturefan354 if kevin can give it he can take it. And that was a funny and well timed joke. And the deal fell through, sucks to be Robert because he cleared 10 million in 2021.
@scottcamuto8410
@scottcamuto8410 Жыл бұрын
@@topshelfdustin3060 where did you find the $10 million number from?
@topshelfdustin3060
@topshelfdustin3060 Жыл бұрын
@@scottcamuto8410 I saw 10 and 12 quoted on different "after the shark" websites. I took the lower of the two, but I didn't note where. Just google the company and "after the shark"
@ashtonndlovu9470
@ashtonndlovu9470 27 күн бұрын
​@@scottcamuto8410you know it's easy to research every deal they make right 😂
@m_o_n_i_z
@m_o_n_i_z 7 күн бұрын
One of the best entrepreneurs in terms of confidence and argument. Congrats to him
@NickVillari
@NickVillari 10 ай бұрын
He CONTROLLED the room!
@e.g.5385
@e.g.5385 Жыл бұрын
I was nervous for him. I thought his confidence would make him lose all deals. Good for him, wish him the best.
@ahsoka6807
@ahsoka6807 5 ай бұрын
if his confidence would put an investor off then the ivestor is to sensitive lol
@davidevans3175
@davidevans3175 Жыл бұрын
Amazing. Whether he's on point or off the wall, the dude gave the best presentation and negotiation ever.
@nates2618
@nates2618 14 күн бұрын
Robert always wants to hear the business details. Appreciate the enthusiasm to allow the guest to give their plan
@lingmingching1
@lingmingching1 7 ай бұрын
I really like how that young man handled himself. Very nicely done. :)
@isaacmartinez7858
@isaacmartinez7858 Жыл бұрын
Dude went toe to toe with them and left the tank with scars, but not dead. He was awesome
@waldo-ot6ul
@waldo-ot6ul 9 ай бұрын
Lawyers are good at that
@lawliet3855
@lawliet3855 Жыл бұрын
It's because he studied law that he's that confident. Big props.
@AdrianMartinez-re9hh
@AdrianMartinez-re9hh 10 ай бұрын
Man, this dude has courage!!!
@Gurnoor13
@Gurnoor13 4 ай бұрын
Now that's how your stand your ground and negotiate properly. In my previous sales job, I learnt the power of mirroring which this guy used brilliantly. Mirroring : Calling out and acknowledging the objection thrown at you, followed by why you think your case is strong and then ending up with an ask.
@floydmayweather2297
@floydmayweather2297 Жыл бұрын
I'm impressed. To have that kind of control under that kind of pressure is phenomenal. Well done.
@SamGucci9919
@SamGucci9919 9 ай бұрын
To be fair he is a lawyer
@NicholasLouis
@NicholasLouis Жыл бұрын
Might be one of the best entrepreneurs to come on the show. Congrats to him. Definitely hope I get a chance to use this when I’m stuck paying with cash
@coalhouse1981
@coalhouse1981 Жыл бұрын
He sold for it about 12 million
@rosa4660
@rosa4660 Жыл бұрын
@@coalhouse1981lmao fr?
@zaxlee01
@zaxlee01 6 ай бұрын
I love how kevin says "You are gonna get CRUSHED"
@JohnPatrickMasterclasses
@JohnPatrickMasterclasses Жыл бұрын
that guy is brilliant you can tell he was trained to be a lawyer
@Alan92Truong
@Alan92Truong Жыл бұрын
For someone not doing any of the talking, that barista got the most screen time in the history of shark tank
@BearLikeFire
@BearLikeFire Жыл бұрын
Seriously. Who was she? The way the camera kept cutting to her I wondered if she was the guy’s wife or sister or something.
@loretta.o1806
@loretta.o1806 Жыл бұрын
🤣🤣
@theempressdesha
@theempressdesha 4 ай бұрын
😂😂😂 i’m crying haha leave goodie alone
@Taureg
@Taureg 11 күн бұрын
This guy was one of the most prepared entrepreneurs in some time, handled the sharks beautifly
@garrettjohnsen
@garrettjohnsen 8 ай бұрын
Dude… I love this guy
@blaquiere141
@blaquiere141 Жыл бұрын
This guy was ready. He's one of the most prepared Shark Tank candidates that I've seen. It almost feels like the Sharks want to kill it in the egg because they're afraid it might harm their business. I like it, I think the sharks are off and scared.
@No-day-off
@No-day-off Жыл бұрын
Scared? He’s concept just copying off how VISA and MASTERCARD works. Why do I need to use that BS app in my shop while I can accept visa Mastercard and Amex customers for same fees?
@JohnWick-hl3ir
@JohnWick-hl3ir Жыл бұрын
They know that man is going places
@socialskeptic
@socialskeptic Жыл бұрын
“if we do the deal, kevin can’t use it” I love that
@JLG629
@JLG629 7 ай бұрын
I feel like this was such a brilliant idea that the Sharks gave so much pushback because they were simply enthralled by it. Especially Mark. Bravo, guy.
@1252PFC
@1252PFC Жыл бұрын
He stood up to those loan sharks really well. Good job
@andrewmckenley5355
@andrewmckenley5355 Жыл бұрын
🤣🤣🤣🤣🤣🤣🤣loan sharks
@DigitalSamTV
@DigitalSamTV 27 күн бұрын
This is wild that he gave his targets out, and then wasn't willing to even back them with his confidence. And rejected Barbara's offer. Crazy. Getting 700 stores on board should be the main priority its not even a large number.
@LucasSantos-vn8wl
@LucasSantos-vn8wl 8 ай бұрын
This is one of the best shark tank episodes ever.
@franklinegbuche7097
@franklinegbuche7097 Жыл бұрын
This guy was in control of the entire moment. He was like the host of the show. I love him for that. I hope his business went up afterwards.
@abdulla1843
@abdulla1843 Жыл бұрын
My favorite part was when he shutdown FTX's Official Spokesman Kevin O'leary
@ArthurCSchaper
@ArthurCSchaper 9 ай бұрын
He did stand his ground very well.
@flreelangler4152
@flreelangler4152 9 ай бұрын
He did a great job presenting, woe. Very smart.
@masterbaiter4180
@masterbaiter4180 Жыл бұрын
People talking about his confidence, but what makes him stand out are his communication skills altogether with the ability to articulate his thought process crystal clear. You can hear it in his voice when he talks; he sounds like top CEOs e.g., Mark Zuckerberg, Jeff Bezos, Shou Chew, Sundar Pichai, etc., which has various tones to communicate emotions even though it sounds monotone.
@TragedysHalo
@TragedysHalo Жыл бұрын
That guy is very confident in his product. Kudos to him refusing an offer by someone who continually belittled his product & had no faith in it & cared nothing for its success.
@HisRoyalJaznness
@HisRoyalJaznness 6 ай бұрын
The guy made amazing points throughout
@dat1song410
@dat1song410 9 ай бұрын
Mark : you're sitting in my seat Robert !!
@007lp1
@007lp1 Жыл бұрын
Update: CoinOut grew to annual revenue of $ 12Mn in 2021 before getting acquired by a major data and customer loyalty group. Definitely a success.
@ledepart.design
@ledepart.design Жыл бұрын
I salute this entrepreneur for his determination. If you want to be partner, don’t put conditions to throw all risk on your business mates.
@vintagevictoria
@vintagevictoria 2 ай бұрын
I love loose change, and I can't tell you how often I need it and used to never have it! Lol, I always keep it around now!
@Finder_NY
@Finder_NY 10 ай бұрын
This dude confidence and mentality is unbreakable 😮
@missy1806
@missy1806 Жыл бұрын
Barbara was spot on in her comments @ 5:37 and Jeff was a cool cucumber for the way he presented himself with-out being arrogant, mean, insulting or offended. Found out that the deal with Mark never went through but the company was purchased by IRI Worldwide in November 2021 for an undisclosed $ amount which had $12 million in yearly sales at that time and is still operating to date. There are 5 other companies now in competition with CoinOut.
@MultiSciGeek
@MultiSciGeek 7 ай бұрын
Also their current app has nothing to do with what was presented on the show lmao
@qt1335
@qt1335 Жыл бұрын
Intelligent, very well spoken, control over his emotions, great idea, this guy’s great. Plus, the looks are just that extra push.
@js002003
@js002003 10 күн бұрын
this product is great: its for the 10 people left still paying in cash who want a little more inconvenience than just getting their change back.
@anthonymonk2344
@anthonymonk2344 9 ай бұрын
I like that guy. Held his own.
@Duval-In-The-Wall
@Duval-In-The-Wall Жыл бұрын
It took some time, but Barbara finally fulfilled her purpose, being out
@tabaxi
@tabaxi 11 ай бұрын
Mark went from saying "Cash is not going away, nobody is thinking that. 2:33" to "Here's how you solve this problem - I give you my credit card! 5:00" in a matter of minutes, it's actually crazy to see.
@jalenbrunsonfan
@jalenbrunsonfan 10 ай бұрын
Literally what I thought lol
@ajbeaver25
@ajbeaver25 10 ай бұрын
That's not what he means, he's saying that using a credit card easily avoids this problem if they would like to, and it's easier to just use a credit card than to transition to another service.
@_________.
@_________. 10 ай бұрын
You completely misunderstood what that means
@jennifergersch9126
@jennifergersch9126 10 ай бұрын
@@jalenbrunsonfan Yes!!! I have no need for this.
@Cincy32
@Cincy32 9 ай бұрын
Mark Cuban is a liar.
@Sixx_13
@Sixx_13 4 ай бұрын
This dude clutched 1v5 battle. Massive respect sir.
@strengthetics
@strengthetics 8 ай бұрын
The fact that this guy attended Law School explains a lot about his confidence and vision
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