Saturday, November 10, 2012

#SharkTank: Week 9


Another idiot walks away from a great offer.  When you have an item like Drive Suits, you take the best offer on the table and don't risk it.  This guy walks in with a product that is a costume with wheels on it that you can actually ride on.  How does he think his company is worth $2.5 mil when he hasn't made any sales?  So basically he would only make sales during Halloween and occasionally when people have random stupid costume parties.  Also when you wear this you look like a total idiot and you have the weight of all the wheels and battery on you.  So he takes the offer from Kevin which was $150k for 30% but he has to make a deal with a toy company or the deal is off, when Mark Cuban offered $150k for 40% without any other contingency.  I hope this guy gets denied by every toy company and realizes how stupid he is.
The next guy with PC Classes Online was fucked before he even walked in.  He had a product that already exists in hundreds of ways and his wasn't even as good as the competitors.  All it did was target people over 50 and help them with simple computer programs.  He also didn't help his case when he brought in on the of the ugliest people on the planet in Bruce Vilanch (click HERE if you dont believe me).  No surprise, he didn't get an offer.
This next guy with Revestor was even more of a moron.  What he claimed to have was a real estate investing website that he couldn't tell if it was for rich investors or families looking to buy their next house.  He said his website could tell you all the information on a specific house that you couldn't get anywhere including what your house will be worth in years to come, which is idiotic because thats impossible how to tell that.  And on top of it, it costs $99 per month, which is way more than any other real estate site.  He also didn't get any offers.
Last was the two grandmas who actually had a good company and was making a lot of money.  They had a healthy candy called Ice Chips in tons of flavors, which the sharks loved.  At the end they took Mark and Barbara's offer for $250k for 40%after getting offers from everyone but Robert.  These are people I actually hope make money as oppose to the fools in the beginning.

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