“A Dime A Dozen?” | The Players Trunk Shark Tank
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Business Strategist, Joe Pardo reacts and gives his advice to the business The Players Trunk pitch from Shark Tank Season 13 Episode 24.
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718 Comments
They should have made NFT’s.
Bunch of bozos for sure!! They didn’t see the value!! What a shame
The logic of the group is that just being on Shark Tank and being given an offer from Mark Cuban and Kevin Hart is enough traction to raise the capital they were looking for and keeping the ownership percentage.
I disagree. Being apart of the shark tank ecosphere brings even more values to the company. They get pushed on ABC and follow up videos! On top of having mark and Kevin as partners. I would’ve countered for 20%
@Sunshine There are two problems, most venture capital firms would not go anywhere near that level of dilution maybe at a 6.5MM valuation or a 4.3MM valuation but not at 20%, so the extra stake would have had to come from them and there are four of them. It was just too rich.
@@morningsunshine0216 There are two problems, most venture capital firms would not go anywhere near that level of dilution maybe at a 6.5MM valuation or a 4.3MM valuation but not at 20%, so the extra stake would have had to come from them and there are four of them. It was just too rich.
I expect larger college athletic departments will begin to create a marketplace for their athletes and win over that exclusivity when recruiting out of high school.
Certainly. If there is money to be made.
I know these guys – they are a great group. I understand not going from a $10M val to a $2M Val. How do you square that w previous investors? A massive down round is bad no matter who comes in. Respect to these guyss
Ownership is important… I wonder how much they already gave up raising VC funds
I appreciate you watching and commenting Charles!
Coming in with a $650k for 5% deal was definitely too rich. And I’m still scratching my head and wondering why they didn’t take Mark and Kevin Hart’s offer. I would have taken that offer if I were them, what they offered was more than fair cause as Mark said, the business those guys are in is a gold rush at the moment so they’re going to need all the connections and expertise they can get.
PS. Keep up the great videos Joe! Been learning a lot, and as a student taking up a business course it just helps me in my studies even more.
I’m so glad to hear that Elijah!! Happy to have you in the Super Community! 🙂
@Joe Pardo Glad to be a part of it!! 🙂
@@SuperJoePardo Glad to be a part of it!! 🙂
Cause they’re greedy scumbags lol
I love you reaction videos, their very informative. Can you please do a reaction video for groove book. It’s a really good episode, thank you for your videos.
Glad you are enjoying the channel! Happy to have you in the Super Community! I will add Groove Book to my request list. I hope to start clearing off some more time soon to start recording again regularly. 🙂
I think they should’ve offered half as a loan….if they just needed some capital, compromise on 15%, for half the money and other half a loan….with funding as needed contigent on the terms agreed. Surprised someone didn’t offer a loan. But frankly, they were just asking too much, makes it hard since the rules are they have to get what they ask…
Did we find out what they’re doing with the money??
These guys are idiots, wow !