Good for you Jared! Great product, price, and presentation. Kudos for not caving to Mark Cuban. Lori will be a great partner. I am going to be a customer. Sometimes dreams do become reality. A lesson can be learned for all the nay-saying basement dwellers that regurgitate their negativity without the courage to say their name.
They got four offers and went with Lori.
But I want to know who the blonde chick was that demonstrated how to use Jared’s ball?
Raced against you often in the 80’s but never pegged you for a sucker!
$150???? That’s a joke. They guys admitted it was over priced as did Lori who said it needs to go for $99.
So don’t commend them on the price...although their presentation was excellent.
i already have a foam roller
Anyone have video of the presentation?
robert678 wrote:
Anyone have video of the presentation?
Nevermind, found it. Starts at 31:45.
http://watch-online.xyz/shark-tank-s11e5/Ward is Jared smart and talented. We'll be hearing good things about him for a long long time!
Instead of raising 150k and giving up 5% and also $1 per ball sold on the first $500,000 unites, does anyone know why they didn't just consider raising the money on kickstarter? Wouldn't that be easy as hell?
Does the "As seen on shark tank" advertising really help?
rojo wrote:
Instead of raising 150k and giving up 5% and also $1 per ball sold on the first $500,000 unites, does anyone know why they didn't just consider raising the money on kickstarter? Wouldn't that be easy as hell?
Does the "As seen on shark tank" advertising really help?
Being on the show and television is called advertising.... Also in they want to a non DTC route they contacts of their shark will come in handy.
Their website claims the sex toy is supported by scientific evidence. I couldnt' find anywhere on the site where they shared research, white papers, or published papers. Did anyone else? If not that's pretty shady.
The product was originally a Kickstarter campaign. Shark Tank is the quickest way to get in front of a large audience. And if that product is put in Brookstone with a "As seen on shark tank" sticker, plenty of old men like my dad with be buying it.
Lost respect for Jared after this obvious money grab/scam. #SAD
rojo wrote:
Instead of raising 150k and giving up 5% and also $1 per ball sold on the first $500,000 unites, does anyone know why they didn't just consider raising the money on kickstarter? Wouldn't that be easy as hell?
Does the "As seen on shark tank" advertising really help?
I doubt they will ever seel 500,000 units, so the deal really is like giving up 5.5%, so they made out really good considering their original offer and their sales numbers up to that point.
Lost respect wrote:
Lost respect for Jared after this obvious money grab/scam. #SAD
It seems you might be happier in North Korea. They also hate capitalism. Better for you if you move there. Better for us. That's a win-win right there. Take it!
This little toy will make more money in a month than the Linden x 2 Coffee debacle will make over the next decade.
massage chairs and devices never helped me. Actual massages by a therapist helps and dietary changed like intermittent fasting plus eating more fat and eating less oxalates has given me stronger ankles, knees, elbows, back.
rojo wrote:
Instead of raising 150k and giving up 5% and also $1 per ball sold on the first $500,000 unites, does anyone know why they didn't just consider raising the money on kickstarter? Wouldn't that be easy as hell?
Does the "As seen on shark tank" advertising really help?
I bet there is a pretty good-sized bump from being on national TV. Shark tank is a pretty popular show. 5% for $150K with bump seems like a great deal for Jared and team. There's some documented stories of Shark Tank products that have gone on and done really well.
The market already seems way to bloated with this type of recovery tool. At their price point, it seems hard to see this one taking off.
Dragon's Den is better than Shark Tank
That was NERunner053 posting under a different alias...the dude belongs in North Korea. He wouldn't be missed.