2% Too Far? | Clean Water Bottle on Shark Tank
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Biz Coach, Super Joe Pardo reacts and gives his advice to the business The Clean Hydration Co (Clean Water Bottle) from Shark Tank Season 3 Episode 1.
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Check out The Clean Hydration Co at https://www.cleanbottle.com/
914 Comments
Awesome
Thank you King! I appreciate you watching and commenting as always! 🙂
i would never partner with him. He is so greedy.
For these old videos is there any way for you to see how much sales each company has
I appreciate you watching and commenting REA Beats! So the issue with that is, the companies generally aren’t public so the numbers aren’t publicly available. From time to time I’ll reference other sites explaining what happened after Shark Tank, especially on ones that aren’t in business anymore. But I really don’t like doing that because I have no way to prove that what is written is even remotely true. That’s why I try to stick with the website, and social media accounts that are available to show proof of what’s going on as of late.
@Super Joe Pardo Got it. Makes sense.
@Joe Pardo Got it. Makes sense.
@@SuperJoePardo Got it. Makes sense.
Awesome review! The way the entrepreneur acted in this episode will not fly in later seasons. Not sure if it’s his Goldman background or the editing, but he rubbed me the wrong way and I’m a nobody. Can’t imagine being a Shark and dealing with him.
What’s wrong with it. For the first time and someone not getting ripped off by these sharks, don’t get me wrong I love them all but they do take a big piece of the company most of the time.
What’s wrong with it. For the first time someone not getting ripped off by these sharks, don’t get me wrong I love them all but they do take a big piece of the company most of the time.
@Digi Game I would argue that the same thing happened here. He came in with a pretty fair valuation.
@@asfandyar424 I would argue that the same thing happened here. He came in with a pretty fair valuation.
@Henry Peters I mean, I see your point, but fair is fair. It is a one product company that also requires education to kind of understand why it’s different. It’s not like when he will retail it, it will stand out crazy enough for someone to buy it. I think it was a pretty sweet deal considering it was from Mark as well, with his maverick connection and all.
@@henrypeters5291 I mean, I see your point, but fair is fair. It is a one product company that also requires education to kind of understand why it’s different. It’s not like when he will retail it, it will stand out crazy enough for someone to buy it. I think it was a pretty sweet deal considering it was from Mark as well, with his maverick connection and all.
@Digi Game I am not sure that the product requires huge education. Obviously we live in different times but I know there are a lot of people out there who are super clean when it comes to water bottles and this is a simple fix.
That said, I get the need for a “Shark premium” but a lot of the time it feels arbitrary. The perfect example is probably LucidArt but including this pitch, a lot of the time it feels like the Sharks are trying to assert dominance or just want a bigger percentage to feel significant regardless of the return.
@@asfandyar424 I am not sure that the product requires huge education. Obviously we live in different times but I know there are a lot of people out there who are super clean when it comes to water bottles and this is a simple fix.
That said, I get the need for a “Shark premium” but a lot of the time it feels arbitrary. The perfect example is probably LucidArt but including this pitch, a lot of the time it feels like the Sharks are trying to assert dominance or just want a bigger percentage to feel significant regardless of the return.
joe I have seen at least 80% of your videos and I have a suggestion: stop featuring comments or talking about people who are not your audience, if they are not your audience!! because it adds nothing to those of us who ARE your audience! lmao. keep up the good work mate
I appreciate you watching and being a part of the Super Community! I haven’t featured a negative comment (I don’t think) in the last 6 months since releasing this video with Larry: https://www.youtube.com/watch?v=aB7CyuVjHf0
I want everyone to know that I appreciate them, even when they have negative, rude or terrible things to say. Those people need love. I also want people to know that I’m not afraid of comments from no matter how terrible they try to be. Haters will be hugged with appreciation here. <3
This guy is such an idiot, he completely disrespected Robert even when Robert gave him exactly what he asked for. I mean you came into the tank asking for $60,000 for 5%, and when someone offers it on a silver platter, you outright ignore him? Robert was right to go out, you shouldn’t beg to be in a deal. It is extremely rare on Shark Tank that you get the exact offer you came in with.
Is Clean Bottle Still In Business? Yes, Clean Bottle is still in business as of 2022, with annual revenue of $4 million.
It was sold in 2018. He isn’t the owner anymore
Robert wasn’t wrong. He gave the guy EXACTLY what he asked for.
I hate ads, you love comments and money, so each time the fools want to place a ad on your video, I simply let them feed ur family…. Take care of them….
I do love comments. I appreciate you CO2MAGK!
Love your show very informative have you thought of covering the Australian shark tank episodes?
I’m so happy to hear that you enjoy the channel Raymond! Happy to have you in the Super Community! So far I have only done a single Australian pitch here. At some point I’d like to, but I don’t have access to every episode, and if I’m gonna do it I want to make sure they are gonna get enough views to be worth the time put in. At some point in the future I do plan to do others like Australian and Dragons Den. Happy Holidays to you and your family!
The company was sold to Split Peak LLC in 2018 for an undisclosed amount.
I have never understood why people have a hard time cleaning out water bottles. A small drop of dish soap and you just rinse it out. It’s so easy, yet companies like this and the Larq bottle on shark tank have committed millions to fixing a problem almost no one has.
I love the channel but one suggestion, sometimes just one or 2 sentences from tank exchanged between comments, right in the middle of ongoing conversation, I would rather let the situation unravel a bit more in full then go to full commentary otherwise it just feels like you want to hear the reply and you have to scroll through.
Or I could buy a bottle brush for 1.99
This guy might be smart. But he disrespect Robert. This guy is gay an ungrateful
What he did to Robert was totally inappropriate. Mark is right that you’re disproving yourself when you fight off for things like 2% (unless you are heavily diluted or raised tons of money) Also, modern Mark would have dropped him for this (as hes also the only Shark left) But Mark was far more into it to spite Robert at this point.
No, I stand by what I said. Not every company winds up being Facebook. And going to Amazon and typing in Clean Bottle shows that while plenty of people are looking up the product, the sales are not charting like a Facebook valuation all these years later. I appreciate you watching and commenting EFunkRock.
As far as the five percent of facebook thing, the problem is that the other company was as Robert put it, “priced to perfection.” This guy was only asking for ten times profit on a fast growing company, and he did not need to raise extra capital.