The Sharks "Beat Up" Kid's Luv Owner On How She Spent The Capital Raised

The Sharks "Beat Up" Kid's Luv Owner On How She Spent The Capital Raised | Shark Tank US

Рет қаралды 1,152,162

Жыл бұрын

Ashi Kelinek is seeking $200,000 for 8% of her vitamin-infused kid's juice, KidsLuv.
From Season 11 Episode 15
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The Shark "Beat Up" Kid's Luv Owner On How She Spent The Capital Raised | Shark Tank US | Shark Tank Global
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Пікірлер: 1 400

@Cazamalos Жыл бұрын

WTH a million dollars from friends and family, and she burned it all. Insane.

@nolabets3130 Жыл бұрын

Payed off tho, company is doing very well now, it's in walmarts

@TobleroneCraft Жыл бұрын

@@nolabets3130how do you know that was paid off? Do you have access to that information?

@piti89100 Жыл бұрын

but net worth is now 20 million usd

@Durwood71 Жыл бұрын

@@nolabets3130 No, the company is not doing well. The company is gone. Their website is offline, and retail websites like Amazon and Target show the products are unavailable. I'm guessing she continued burning through money and went bankrupt.

@nolabets3130 Жыл бұрын

@@Durwood71 Damn...

@10RRASK Жыл бұрын

She gives me “I’m divorced because my husband couldn’t get over my affair” vibes

@kyleh5196 Жыл бұрын

her “investors” are prolly just the money from the divorce settlement lmao

@hrbllc4206 Жыл бұрын

🎯

@inarimusa Жыл бұрын

🤣

@bigdave6952 Жыл бұрын

Hahahah 😂

@sebastianbothe1228 Жыл бұрын

And for that reason, I'm out

@Frostshokula 4 ай бұрын

Kids Luv net worth is now $10,000. She filed for bankruptcy.

@younesstahari1592 2 ай бұрын

Just read it is worth $20m now with annual sells of $5m ?

@SumriseHD 2 ай бұрын

@@younesstahari1592that's from an AI generated fake website

@Mindcrow 2 ай бұрын

May have been true previously, but they've clearly shut down since. They've been "out of stock" or "unavailable" on all retail websites for over a year. No social media presence for at least that long.

@jrjr7554 2 ай бұрын

@younesstahari1592 checked Amazon they are currently unavailable 🤔

@Doobieboogie Ай бұрын

@@younesstahari1592there was an article I read that said that, but apparently after 2022 the business fell off

@SamUHells 11 ай бұрын

The second I saw she named her son “Phoenix” I knew she was a master of horrible ideas and not listening to criticism lol

@user-dx6om8fn3m 10 ай бұрын

best comment here!

@inmhop3729 10 ай бұрын

Phoenix is a strong name. No problem with it at all.

@SamUHells 10 ай бұрын

@@inmhop3729 it’s a terrible name. a strange attempt at being quirky and special when in reality all it will do is get her son bullied.

@inmhop3729 10 ай бұрын

@@SamUHells hardly. You never even mentioned asking what the story is behind the name. There usually is a poignant reason.

@tonybellick7841 10 ай бұрын

@@inmhop3729 nah no fancy story . Just another goofy name

@BetterLifeAhead35 Жыл бұрын

Her biggest problem is how sure she is that she's right and refusing to listen to the sharks at all

@MultiJejje Жыл бұрын

Well the company is now worth $20 million. They've Target, Walmart and several others. Guess she was right.

@DyNaStYCaRl Жыл бұрын

Its not that she wasn't listening. It was that she had justifications and the sharks didnt want to hear it

@switchunboxing Жыл бұрын

@@DyNaStYCaRlIt wasn’t justified. She had reasons but these are sharks. Bottom line - you spend a million dollars to make 50k and the math isn’t mathing. They need to see proof that there’s a market and a competitive advantage and that the product is going to be a good investment that can make lots of money compared to what was put in. She just wasn’t ready for investors like this. Bottom line. The pitch was weak “I have coconut water with vitamins I’ve barely sold any of it”

@SweetChicagoGator Жыл бұрын

Spending $1mil on patent, logo & marketing on a product that hasn't even been established on the market yet?! She is either a thief or not a business-person? 🤪

@PASSIFICATION Жыл бұрын

that dont seem right. dont get caught up in the current. she just was happy n confident that she could recoup that money real fast now on and pay the investers back.

@dickharry910 Жыл бұрын

Barbara was on point and put it to her really well. Robert was right when he said she didn't really felt bad about burning other people's money.

@TheYoudhruv 10 ай бұрын

She believed in her product so bad that she spent fortune to protect it but failed to check if it’s working or not. What’s a classic mistake.

@setsunaitsme91 10 ай бұрын

Worse, it is not even her own fortune but her family and friends' fortune. Cant imagine how much bridges were burned when her company eventually going down

@MultiSciGeek 7 ай бұрын

How is that a classic mistake? Give me one other person on this planet who spent 1 Million on their kids juice box.

@osmanyousif7849 5 ай бұрын

That’s like selling your product when you haven’t even tasted it yet. Seriously, I’m surprised that even when this woman did sell that juice, nobody was coming up to her door say what happened after. Like when Mr. Krabs sold those colorful patties and they ended up having bad side effects on the customers.

@anishkuvelkar1876 5 ай бұрын

Oh business guru, how's your business?

@Polarisuma 4 ай бұрын

@@MultiSciGeeki think he meant its a classing buisness mistake, you spend so much money before you onow if the product even works

@hamhi98 Жыл бұрын

Imagine spending $950,000 on juice

@barackmycat9448 Жыл бұрын

Not so bad when you`re making millions..

@fijianplaya11 Жыл бұрын

@@barackmycat9448 she isn't making millions lol

@barackmycat9448 Жыл бұрын

@@fijianplaya11 Tell her that.

@mrhaltonok Жыл бұрын

It’s pretty clear she isn’t. The few bits of numbers online all date back a couple of years and seem to come directly from her - there’s no evidence to suggest the company takes anything like 5m a year, and that figure seems outlandish - it’s stocked in ‘trending items’ sections in stores, where products tend to have short trial runs before being delisted. Not a sign of a successful product. And it costs $7 for a pack of four small cartons, when a parent can buy a bottle of sugar free juice that will make 30 drinks for half that price. This is not a product that has scope for major success. There are cheaper options with flavours that children would likely prefer

@nickdailey9889 Жыл бұрын

I hate spending 7$ a week on juice let alone 950k

@lus Жыл бұрын

Money went to her salary. I've seen this happen all the time. She paid herself $300,000 a year to be CEO.

@duartemartz9874 Жыл бұрын

I got the ""Look, I'm humble!"" vibe from her outfit that I'm 99% sure thats not her in real life.

@That_one_introvert. Жыл бұрын

I concur.

@bluematrix5001 Жыл бұрын

VERY POSSIBLE, THERE ARE PEOPLE WITH BIG CHUTZPAH THERE

@mrhumble2937 Жыл бұрын

Prob right but who knows.

@dbguitars Жыл бұрын

Good and fair wage 😁🍺

@netizensarrest4241 Жыл бұрын

This is the equivalent of paying $950K to build a fence around a plot of land that you own without knowing if there’s value in the land or if there’s minerals in it.

@shizzywizzy6169 Жыл бұрын

Perfect analogy.

@anad7207 8 ай бұрын

On top of that, the fence isn’t even guarantee to keep others out. People can still knock her off with a patent. Litigation is a costly venture-both time and money.

@MultiSciGeek 7 ай бұрын

It's like spending 100k on foundations of a million dollar mansion, instead of building a 100k house and THEN buying a mansion years later. Dude the minerals example is weird. Like do you dig for oil in your back yard??

@jackspinner4727 7 ай бұрын

Well said you

@shinobu3817 4 ай бұрын

@@MultiSciGeekbrother, it is just an analogy. don’t take it too literal.

@noelr1010 Жыл бұрын

Damn imagine being one of the people who invested watching what the sharks had to say.

@greggo1131 Жыл бұрын

she made 5 million in revenue last year

@Userhandleidk Жыл бұрын

@@greggo1131 she’s probably still not profitable

@Leinnn Жыл бұрын

@@Userhandleidk True, but it's normal for businesses to not make a profit in the first few years because it costs so much to expand.. Also it's a lot better than the 50k sales she had here in the ep. If she came on the show and said she had 5M in sales the sharks would of changed their tune quite a lot

@leonajames5517 Жыл бұрын

@@Leinnn Few years... its been MUCH longer than that.

@ahmedzakikhan7639 Жыл бұрын

@@Userhandleidk I know it is not the same but Tesla was not profitable for years. She will eventually become profitable. The Sharks got too emotional.

@joshuageckles802 Жыл бұрын

You had me at "The Sharks Beat Up Kids".

@hou950 Жыл бұрын

LOOOOOOOL

@evanmed301 Жыл бұрын

Now that would’ve been a great episode

@AdamHolland-Adz 4 ай бұрын

@@evanmed301 "Up next, Darren is pitching a special product to make beating up children easier and more efficient."

@zombifiedpariah7392 2 ай бұрын

Imagine how that episode would even go. Lmfao 😂

@bugsnasty2447 Ай бұрын

Lmfao facts I wanted to see Kevin put a little bugger in a headlock 😂

@hamhi98 Жыл бұрын

For once, Barbara is absolutely correct

@Martin-vw8wf Жыл бұрын

She made a fortune how can it be „for once“ ?

@RSoin92 Жыл бұрын

Aaaaaaaand she's out 😂

@coolman1610 Жыл бұрын

true she was speaking facts on this company

@mitsuri3096 Жыл бұрын

She's rich so she is always right

@Martin-vw8wf Жыл бұрын

I mean she is always out a lot but when she goes in it explodes. She got 30% for this comfy thing and they make 150-200m in sales now.

@josephtuscher194 9 ай бұрын

This kid's therapy bill is going to be absolutely extraordinary lol

@danpats1 8 ай бұрын

Just from being named Phoenix alone lol.

@343Films 5 ай бұрын

No kidding. She screams "toxic parent"

@stuff1784 5 ай бұрын

@@343FilmsNarcissist vibes

@TheLirJEt86 4 ай бұрын

I get she’s a bad business person but to equate it to a bad parent is just foolish.

@saeawn 4 ай бұрын

she can afford it with her company being worth over 20 Million dollars now Joey boi

@dionneop1amnotithebestg08m3 Жыл бұрын

So basically she paid herself a salary out of the investors money instead of paying them back- how can you run through a million dollars 💵?!!!😮

@tacitus539 Жыл бұрын

Yeah, I wanted the sharks to ask what she paid herself.

@nasrick Жыл бұрын

Spending bad

@SweetChicagoGator Жыл бұрын

She is either a thief or a very poor business person ?

@user-wx7fl5vz7k Жыл бұрын

Don't say she s a thieve she obviously spent too much on patents IP for example - where did you hear about her paying herself that amounts

@tacitus539 Жыл бұрын

@@user-wx7fl5vz7k Didn’t she say the IP was $150k-200k?

@marielaausher Жыл бұрын

The worst part is that she genuinely feels that she did nothing wrong. She spent almost a million dollars in things she didn't need, and instead of trying to fix it, she just went to new people and asked them for more money. And then she has the nerve to say that the sharks focus too much on the money. She needs to focus on the money. She just lost a bunch of it and acts like nothing happened.

@jokerrhe Жыл бұрын

money has always come easy to her

@jason_v12345 11 ай бұрын

Seriously. A sugar-free kids drink? Like no one's done that before, lol.

@sammyb1651 5 ай бұрын

Zero trouble to her conscience at all. Psychopathic. I feel bad for her husband. Can you imagine?

@stuff1784 4 ай бұрын

@@jokerrheYES!!!

@saeawn 4 ай бұрын

.. and now her comany is worth over 20 MILLION dollars ;) so quiet down all you hatersss

@Albert-S27 Жыл бұрын

She only identified where $200K out of the $950K went. Wish the sharks asked where the rest of the money went

@notmyopinion4981 10 ай бұрын

They did! She just rambled about different thing that she apparently used the money to.

@thiswasposted120 3 ай бұрын

she very likely paid herself

@Niko-ys9ie Күн бұрын

Have to pay the CEO her bonus for the year

@zimz1096 Жыл бұрын

6:29 Barbra summed it well. This entrepreneur clear didn't have her priorities straight when she wasted her precious $1M on 2 trademarks for a business that barely started

@vitusndelu6630 Жыл бұрын

When Mark says, "OOOOHHHHHHH" you know it's bad.

@i-fart-in-elevators Жыл бұрын

How dare she take a million dollars from her friends and family, and for this lmao This woman is crazy

@deadlydread77 11 ай бұрын

crazy rich now.

@user-dx6om8fn3m 10 ай бұрын

uncomfortable at dinner parties

@i-fart-in-elevators 9 ай бұрын

@@abreathingcoffin8089 sick take dude lol

@javiercollell 9 ай бұрын

She's making 5 millions annual in 2023

@i-fart-in-elevators 9 ай бұрын

@@javiercollell no that's what the business is generating. Not what she's pocketing

@rayvenskye3274 Жыл бұрын

Wait Barbara was out for a legit reason. What year is this.

@rbae Жыл бұрын

Looks like we don't have an excuse anymore in 2023

@rcheaven96 Жыл бұрын

I tell my gf all the time that she talk all this bs just to be out . 😂😂

@Sb-er6bs Жыл бұрын

@@rcheaven96 I told the same thing to your mom

@rcheaven96 Жыл бұрын

@@Sb-er6bs get a new joke bud that one a bit old . 😂😂 I’ll wait for the other one . I love people who don’t even have a picture with the troll comments. 😂😂 again I am waiting for a better joke .

@liveitup7476 Жыл бұрын

It’s the multiverse

@alissaalbritton_ Жыл бұрын

I love how Robert always hands the samples to Lori 💕

@47imagine Жыл бұрын

You're a kind-hearted soul :-)

@zentravels22 Жыл бұрын

he always does whenever they sit together 🤗🤗🤗🤗

@cas4040 11 ай бұрын

I just commented basically the same thing. He has such great manners.

@blackedadam 10 ай бұрын

He's a simp

@GursimarSinghMiglani 10 ай бұрын

Lol

@lizardqueen7052 Жыл бұрын

she didn´t really explained where the 950.000 went tho

@5th_phantom Жыл бұрын

Maybe it was cut off Because the real show is really long and we just get the cut off version

@iamnobodyspecial2243 Жыл бұрын

She wanted to live the high life and lied about what she did with it 🤣 like the breathometer app lol

@itsgodnga Жыл бұрын

could have probably figured it out pretty quick if they asked how much salary she paid herself

@franciscolaurean8550 Жыл бұрын

She said her biggest spend was 150k on lawyers no mention of the other 800k

@Arthuur9 Жыл бұрын

Her salary is probably 300k That's why

@jorgesoto5737 Жыл бұрын

Her nerve to say that the sharks focused too much on the funds and that's why they're not the right partners. What else did she want them to focus on. Lol, crazy

@MultiSciGeek 7 ай бұрын

Honestly if you have a good idea, she's right. But given her idea is generic, they'd of course want that security.

@zombifiedpariah7392 2 ай бұрын

Translation: "Unfortunately, I wasn't able to scam the sharks like I did my friends and family."

@juniorbeckham2928 Жыл бұрын

Lmao Cuban's reaction thru out the segment had me rolling

@kylecreed2748 Жыл бұрын

He’s so dramatic sometimes

@shootemupbuck8944 10 ай бұрын

I don't even know the guy but I find him hilarious!

@FeoMatteo 10 ай бұрын

@@kylecreed2748heard this from a podcast he was in. They asked him why he’s so animated. He made a good point during it he said, “If they believe I’m being harsh they wouldn’t be able to handle the real business world. Dreams are crushed everyday.”

@samxyx 8 ай бұрын

Rob is the antithesis of Mark. Both say the same thing, but Robert does it in such a nicer way and is always encouraging. Sometimes you do need Mark's tough love tho

@darksideofevil13 6 ай бұрын

That's the key. A balance of both and knowing when to use both. Too many think being excessively harsh is always right.

@stuff1784 4 ай бұрын

You’re exactly right!

@Joomemes 5 ай бұрын

Yk it’s bad when Kevin is out before the other sharks and doesn’t want to scam them😂

@quietearthMT78 Жыл бұрын

I get the feeling that many entrepreneurs out there confuse stubbornness with perseverance. This lady did end up moderately successful but look how much money she burned through to get there.... She was lucky to have backers with money to help her get there, many others don't.

@WillemAlarik Жыл бұрын

Moderately successful is a business that’s making a few hundred thousand in annual revenue. Your local fish and chip shop is likely moderately successful. If your annual revenue is 5+ million dollars with annual increases, you’re definitely beyond “moderately” successful.

@Fredas_Lifestyle Жыл бұрын

@@WillemAlarik How much is the profit on that? You can have big sales and be in the negative.

@ThePrimeMinisterOfTheBlock Жыл бұрын

@@Fredas_Lifestyle he's one of those poors that's impressed by numbers with seven digits

@Enrifant Жыл бұрын

@@Fredas_Lifestyle it doesn’t matter. They were entering at a 2.5m valuation on 55k sales, a juice producer making 5m+ in growing revenue 3 years later, and being in all the major retailers, has all the potential to be immensely profitable for you. It was a poor take from the sharks, like many others they had through the years. And yeah, 5m in revenue is not moderately successful for someone that raised 1m in VC for product development and IP. At standard valuation that’s a 30m business right there. 30x ain’t considered a “moderate” return by any VC I know.

@alfredovazquez2678 Жыл бұрын

Yes, her company now is worth 20 MILLION DOLLARS.

@squalie9 11 ай бұрын

I'm shocked they didn't call her out on the missing money clearly going to salary or expenses.

@Frenchylikeshikes 6 ай бұрын

I really like how Lorie and Barbara are usually always so composed and nice, even in the worst situations.

@NyxFTW Жыл бұрын

She spent so much money to secure her brand, she didn't think about whether or not there was an opening in the market for her sugar-free juice. There's so many kinds in the supermarket nowadays that it's just not a viable venture for a new entrepreneur.

@Frostshokula 4 ай бұрын

Ashi with a son named Phoenix and a vegan product. Checks out 😆

@OpEditorial Жыл бұрын

Quite often the "Mommy entrepreneur" is usually a slightly more evolved type of "Karen"

@noncedolungeliwefinca9713 6 ай бұрын

😂

@Maddox204 4 ай бұрын

They have another evolution!? 😮

@smackdaddy9802 5 ай бұрын

“I’ve got a bad feeling about this one…” Kevin was right

@khawajth Жыл бұрын

I'm surprised no one in the comments spotted when Mark asked her why she isn't selling, she replied "I'm doing that right now." She didn't mean to the sharks. She meant to the people watching at home. She burned through her cash and needed to prove to her investors that she could sell so she hopped on to Shark Tank for that magical Shark Tank effect.....that she already had distribution in place for.

@dontbedummy8101 Жыл бұрын

That's not selling

@hafizuddinmohdlowhim8426 Жыл бұрын

@@dontbedummy8101 😂yeah that is marketing and marketing is not selling.

@dontbedummy8101 Жыл бұрын

@@hafizuddinmohdlowhim8426 I so feel the frustration of the sharks when they tell her she did not sell and she insists she is selling...

@MultiSciGeek 7 ай бұрын

Oh wow lmao

@doc7569 7 ай бұрын

The worst part about this is that fruit juice(real fruit juice) contains natural sugars that aren't bad for you like synthetic sugar is...completely destroying her argument...then she goes on to use synthetic sugar anyways haha

@abaofifsz 2 ай бұрын

Sugar is sugar at the end of the day. Yeah hfcs has its issues. But a diabetic cannot view them too differently

@typhoniusstarheart 4 ай бұрын

the business closed its doors in sept 2022 and from what i can find the creditors were able to get a court order that anything sold was divided between them to pay back lost investment. that at the time of closing they had 8k in the bank accounts and had 25 k of unsold product and a debt of over 12 million unpaid. the the owner claims that in march 2022 the company had make over 5 million dollars. there seems to be only proof of her raising money and loan payments no profitability. opening comment by the sharks was very acute.

@SheStrategyCo Жыл бұрын

i love how Lori was calm

@Ranger_k16 Жыл бұрын

You know it's bad when Mr wonderful won't even make an offer

@MrTalhakhan01 Жыл бұрын

What Robert said in the end was very correct.

@diluvr2825 Жыл бұрын

Never seen Mark so hurtful during a pitch and he literally said so.

@Nigel-nv3lr 5 ай бұрын

You gotta watch more shark tank lol

@kobusvanstaden3747 Жыл бұрын

Robert always the gentleman, serving Lori first. He does it all the time

@That_one_introvert. Жыл бұрын

Yeah he’s a stand up guy.

@ckapka_AA12 Жыл бұрын

simp

@nickv8642 Жыл бұрын

I was just about to comment this

@tf8187 Жыл бұрын

I was looking for this comment. He is such a gentleman.

@orlandorodriguez7235 Жыл бұрын

Society has fallen so much that we respect when a guy does this. I’ve been born and raised to serve women first and we praise any guy who does it like it’s a big deal 😅

@pieroliero Жыл бұрын

I started a drink company in 2017, did all the sales myself, got distribution in 6 different states, found a copacker to make 80,000 units at a time. Wanna know how much I’ve paid myself so far over the last 6 years? $10k Moral of the story: Don’t start a drink company. It’s a money pit.

@hamzazafar2219 Ай бұрын

What do you think about about a chips business? I am actively looking into it and have a very different flavor in mind. Not sure if its going to taste good. I believe your insight will help out. Thanks

@catman2484 Жыл бұрын

Very well said by Robert at the end

@bandamx1731 Жыл бұрын

It’s crazy how these entrepreneurs are told the truth & still don’t listen. She raised 1M & it’s all gone with no progress at all. I’m more than certain she will be out of business in a year if not now. She’ll also be the person saying to her investors “The journey was fun, wish we would have done more”

@saxophonistscorner Жыл бұрын

what do you mean no progress? She had product ready to go on the shelves, trademarks lined up...

@jonasalexander 8 ай бұрын

@@saxophonistscorner It isn’t progress if you can’t account for the profit potential of the product. She counted her chicks before they hatched and she did so at the expense of people who trusted her vision. Then she attempted to acquire additional investors’ money, still with no common sense strategy. When pressed, she refused to acknowledge the very real concerns of these potential investors and even alluded to seeking more funds from her initial investors. She then stated that the sharks were hung up on the money she raised, failing to realize that they were not hung up on the fact that she raised it, but how she foolishly squandered and disrespected the blessing of other people’s money.

@beelzzebub 3 ай бұрын

I wouldn’t be comfortable taking £100 from a friend, let alone £1 million!?

@justinharris2945 Жыл бұрын

My kids Phoenix, Jaxson, and Braxton are my world

@liamcasey2001 Жыл бұрын

hahah

@MissionaryForMexico Жыл бұрын

I cannot believe how she has spent other people's money! And wasted it!

@rishabh8451 11 ай бұрын

I have always admired how robert passes on the stuff to lori first.

@G1dr4 6 ай бұрын

10:05 truest words spoken on shark tank

@shet0011 Жыл бұрын

Robert: “I admire how much you are standing your ground” 😂

@Noway673 Жыл бұрын

She paid no more than $20,000 after she finally got her distribution and national patent license.She paid herself $930,000 on her personal interest.

@mlw9195 Жыл бұрын

How do you know?

@aminamuhina Жыл бұрын

You’re hot

@drshashankmh Жыл бұрын

Kids should consume natural sugar and avoid such things.

@tahseenmahmood2014 2 күн бұрын

I love how Robert is always so well-mannered. Whoevers sits beside him, he passes the samples to that person first.

@dennyli1897 Жыл бұрын

"but i am selling the product" lmaoooooooooo 50k of it???? Mark's fact was priceless after she said that 🤣

@faithwilder8408 Жыл бұрын

Wow you know it’s bad when you don’t get to say how much the retail is and how much it costs to make it

@dismalthoughts Жыл бұрын

Robert at the end, "When it's my money and I lose it, I feel bad. When I take a dollar from you, I wake up every day to give you your dollar back, but she didn't even feel bad about it." We have such an entitled population. An uncaring, unempathetic population. Little to no respect for anyone except themselves, and oftentimes not even that.

@saxophonistscorner Жыл бұрын

she didn't lose the money yet. She used it to get the business up and running, and its up and running, you dont make the money back upfront, or you wouldn't need investors...

@lagann4064 Жыл бұрын

@@saxophonistscornerBut if you listen she sounds nonchalant about burning $1M with nothing to show for it She probably used it all for herself. She sounds arrogant and said the sharks arent the right investors lol

@saxophonistscorner Жыл бұрын

@@lagann4064 yeah, you're right.

@polishedmeat6399 4 ай бұрын

@@saxophonistscornerits gone now

@maxwellstainback4421 Жыл бұрын

Most recent review on the item page for Target was over one year ago. Me thinks this company is at best not in Target and at worst in bankruptcy.

@maxwellstainback4421 Жыл бұрын

Lol and the website is offline

@ananyarao3565 Жыл бұрын

I’m here 10 mins after the video was posted. Definitely addicted.

@yskim2636 Жыл бұрын

I'm not an entrepreneur, but even I know you can't expect people to invest without proven sales. Everything she pushed was based on hypotheticals. Distributors, reorders, product benefits... BUT NO PROVEN SALES? Smh.

@me-myself-i787 Ай бұрын

If a company was making money, it wouldn't need to raise money. People go out and raise money before becoming profitable so they can use that money to build factories, distribution centres and marketing so that they can make and sell products and become profitable.

@Isher13 Жыл бұрын

"i got a bad feeling about this one" crazy how Kevin knew from the beginning.

@stefanocioni2587 Жыл бұрын

Lori is the best, the most genuine of all the sharks; lovely lady

@MultiSciGeek 7 ай бұрын

100%

@stevegovea1 9 ай бұрын

I fell onto this same trap of investing into developing the product even more versus seeing if people would buy a basic version of it.... but my stopping point was $15k.... not $950k.

@Lizzie-ve7kt 8 ай бұрын

I love that Robert always grabs a sample for Lori first before he grabs one for himself, it’s very sweet.

@benjiboricua7193 8 ай бұрын

I was just thinking the same thing. Always a gentleman.

@chewydewok Жыл бұрын

The longer she talked, the more she killed her chances of getting a shark.

@Pray1989 7 ай бұрын

Her son Phoenix waved like “ard my services are done, I’m out” lol.

@erickquinones1095 8 ай бұрын

No lady, they didn't get hung up on the money you raised, they got hung up on the money you burned through

@sammyb1651 5 ай бұрын

Zero trouble to her conscience at all. Psychopathic. I feel bad for her husband. Can you imagine?

@swedishchefhands00 7 ай бұрын

Her: "This is my son Phoenix." Me: I'm out.

@quotivation47 Жыл бұрын

I like how Robert alwasy gives Lori the samples before he takes his own.

@Kagema10X 7 күн бұрын

Binge watching shark tank is like taking a master course in business administration. You learn so many things, so many dos and donts especially on what the right thought patterns are that you actually need.

@gatinthecadillac7206 9 ай бұрын

Mark is in physical pain 😂😂😂

@DrB81 Жыл бұрын

Looks like Phoenix’s mother won’t be rising from the ashes.

@genetlemma3724 Жыл бұрын

The company is worth 20 million now...

@udaychaudhary255 Жыл бұрын

@@genetlemma3724 valuations are a tricky game baby....

@JoelPlay Жыл бұрын

@@udaychaudhary255 No they're not, can you guys stop trying to downplay her success because you don't like her.

@abaofifsz 2 ай бұрын

Yeah they are. Can you simps stop in general?

@kevindunlap5525 Жыл бұрын

Thank you for not giving us the original air dates.

@Mr-E. 5 ай бұрын

When they said there was a stevia aftertaste, she bullshitted a little bit that the kids don't notice it. Lol... stevia aftertaste is noticeable.

@rocky365ful Жыл бұрын

1. Without sales patents means nothing. 2. She never followed principles of lean startup and organic market expansion. 3. More efforts on protecting the IP and less efforts on sales. 4. Maintaining cash in the business is the top priority without that any businesses will crumble

@inlangford Жыл бұрын

I feel bad for her investors, especially since they're her friends and family... Yikes!!

@stuff1784 4 ай бұрын

She’s been rich her whole life, obviously.

@DarkPrincessOfLight 8 ай бұрын

Are there any updates?

@RileySkye100 Жыл бұрын

Mark’s reaction at 4:44 is just priceless. Lol

@dbtech4562 8 ай бұрын

I need to play that meme after spending $1,400 on the iPhone 15 on Friday.

@SwoopENT Жыл бұрын

Man, I get such Karen vibes from her.

@JRams-ix6bt 5 ай бұрын

Karen is just a name.

@dougeaton7600 Жыл бұрын

"I got a little beat up." You deserved it!!! Taking money and not feeling guilty about the consequences for not returning.

@wel5457 Жыл бұрын

Kevin Already knew from the beginning... "I have a bad feeling about this" 😂😂

@spaRKLES88604 Жыл бұрын

they have a point, maybe that money would have been better spent on market research to see if people would actually buy her product instead of distribution and mass rollout

@Phylum123456 Жыл бұрын

Mr. Wonderful, you drink wine.... lots of sugar my friend....

@becca2938 Жыл бұрын

She's like "give me more money." But for what, girl?! $950,000 dollars later and what do you have to show for it?! Why do you need the money?!

@sammyb1651 5 ай бұрын

Zero trouble to her conscience at all. Psychopathic. I feel bad for her husband. Can you imagine?

@JRams-ix6bt 5 ай бұрын

@@sammyb1651What husband?

@sammyb1651 5 ай бұрын

@@JRams-ix6bt Whoever is standing behind her and the kids while she flies around the world breezily wasting other people's cash.

@redbandfilms Жыл бұрын

Kids Luv is now available at multiple retailers including Walmart and Target and has allegedly generated about 5 million a year in revenue for the last 2 years.

@stephenrdoc Жыл бұрын

really.way to go

@ashb7846 Жыл бұрын

How much of that is actual profit though? If she was in debt to her investors the company could bring in a lot and still be in the red from loans owed.

@yulnikita Жыл бұрын

Good for her

@abaofifsz 2 ай бұрын

Aaand its gone

@ashtonndlovu9470 18 күн бұрын

And now it's bankrupt 👌☺️

@gabemalcolm4429 Жыл бұрын

Her friends and family can kiss that money goodbye 🗿

@7ItalianStallion Жыл бұрын

Does anybody else think that she stole the money from the "friends and family" investors?

@dmmice2344 Жыл бұрын

It’s a possibility

@abasdarhon Жыл бұрын

I don't think she stole it; I think she spent it all on forcing money to do/hire the work that she not only had no idea how to do herself but also had no idea on how to prioritize the necessities. International licensing, for heaven's sake, before she even had an established local market!

@rsybing Жыл бұрын

You can make really bad business decisions without actually stealing from others. Plenty of unwitting dupes in the world.

@JoelPlay Жыл бұрын

Unlikely, not saying its not possible, but her work shows off considering the company's growth.

@Glennysanders1220 Жыл бұрын

Company is worth 20 million now

@statement_leathergoods Жыл бұрын

Always hate when someone keeps on talking and think that he/she has all the answer

@isaiahbrooks7271 11 күн бұрын

One thing about shark tanks you definitely learn a lot from these sharks about good and bad business

@whitenoisejack Ай бұрын

She should do a flavor called Stevia Explosion.

@larrytan16 Жыл бұрын

She's been having a good time on her investors money

@SMOOVHIM 9 ай бұрын

She knows she spent a lot of that money on personal reasons & they knew it.

@masterprediction7353 8 ай бұрын

9:59 oh ya the old “i didn’t want them anyway” bit ya ya

@nandos8713 11 ай бұрын

“ my focus is the west coast. After that we will focus on other coasts “

@cas4040 11 ай бұрын

I love how Robert always passes to Lori on his right. He is such a gentleman.

@ronnysharma6767 7 ай бұрын

He doesn't do it when he sits next to Barbara. So no. You shouldn't love it

@Sactown-zs2bb Жыл бұрын

She should have kept her mouth closed about how much the investors had giving her see they trapped her when she said that because she thought they would be impressed with the amount instead they were more curious on the amount she had left in the bank

@glennadina8471 Жыл бұрын

Due diligence would be done after the show. Where they could back out. At least one has to be honest when they pitch. It is what I feel

@AryanMahipal Жыл бұрын

It's not that easy sharks are not idiots

@alex161 Жыл бұрын

@@glennadina8471 But that happens off screen. Viewers wouldn't know and likely buy it out of curiosity and thinking that a shark invested in it.

@mrhumble2937 Жыл бұрын

@@glennadina8471 but at least her product looks better. Viewers don't know why it didn't work.

@Knapperoni Жыл бұрын

They would have found out eventually, a verbal agreement like this on TV is not legally binding until papers are signed and all that