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Deal Keeps Slipping Away!? | Rumpl on Shark Tank

September 18, 2021

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Biz Coach, Super Joe Pardo reacts and gives his advice to the business Rumpl Blankets from Shark Tank Season 12 Episode 1.

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Check out Rumpl at https://www.rumpl.com/

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1645 Comments

  1. Vishnu H S says:
    September 18, 2021 at 8:28 am

    Easy way to calculate valuations
    ——————————————————
    600000 for 4%!?
    just double it or try to bring the percentage close to 10% – 1.2Mil for 8%
    Multiply by 10 now – 12Mil for 80% i.e., 3Mil for 20%.
    Rest of it is pretty simple – 3×5=15Mil (20%x5=100%)

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    • Super Joe Pardo says:
      September 18, 2021 at 9:16 am

      Haha, I’ve been trying to get better at doing this math in my head since every video is shot in real time. Sometimes I get my addition and subtraction flipped when doing this math in my head when converting 2% to 5% and scaling up from there. Adding value instead of reducing it to go back down to the 2% etc. I’m doing my best 🙂

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    • Lewis Murray says:
      January 10, 2022 at 2:21 pm

      @Super Joe Pardo or 600k / 4% = 150k for 1%

      150k x 100 = 15m

      (Value/Equity)x100 = Valuation

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    • Lewis Murray says:
      January 10, 2022 at 2:21 pm

      @Joe Pardo or 600k / 4% = 150k for 1%

      150k x 100 = 15m

      (Value/Equity)x100 = Valuation

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    • @lewismurray3709 says:
      January 10, 2022 at 2:21 pm

      @@SuperJoePardo or 600k / 4% = 150k for 1%

      150k x 100 = 15m

      (Value/Equity)x100 = Valuation

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    • Lewis Murray says:
      January 10, 2022 at 4:02 pm

      @Super Joe Pardo No worries. Love the vids! Keep going strong!

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    • Lewis Murray says:
      January 10, 2022 at 4:02 pm

      @Joe Pardo No worries. Love the vids! Keep going strong!

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    • @lewismurray3709 says:
      January 10, 2022 at 4:02 pm

      @@SuperJoePardo No worries. Love the vids! Keep going strong!

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    • Super Joe Pardo says:
      January 10, 2022 at 4:02 pm

      @Lewis Murray Happy to have you in the Super Community!! 🙂

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  2. stupidminotaur says:
    September 19, 2021 at 11:19 am

    They the editors will take shots of his face for different scene’s.

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    • stupidminotaur says:
      September 19, 2021 at 11:32 am

      Could have done/tried 300k loan for 8% 300k for what ever percentage of the company.

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    • Super Joe Pardo says:
      September 19, 2021 at 11:44 am

      Yeah, he definitely was letting it slip right through his fingers. And yeah they stand on the carpet for a while taking different looks for the editors to use. As always stupidminotaur, I appreciate you watching and joining us in the comments!

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  3. Rohith Kumar says:
    November 27, 2021 at 6:38 am

    HOW do all these pitches say “i came up with this idea and i made this” and only 5 mins later says “so yaeh our competitor…” like WUT>????

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    • Rohith Kumar says:
      November 27, 2021 at 11:06 am

      @Super Joe Pardo if i visit his website, it says 25% off lol

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    • Rohith Kumar says:
      November 27, 2021 at 11:06 am

      @Joe Pardo if i visit his website, it says 25% off lol

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    • @rohithkumarsp says:
      November 27, 2021 at 11:06 am

      @@SuperJoePardo if i visit his website, it says 25% off lol

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  4. Samswayzie says:
    February 3, 2022 at 5:00 am

    For valuations it’s simple with certain number when anything is in the hundred thousands for 10% it’s just the number it is but in the millions like 600,000 for 10% would be 6 million dollars and if it was 5% it would double and be 12 million if it was 20% it would be half of 600,000 which is 300,000 valuation

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    • Super Joe Pardo says:
      February 3, 2022 at 5:48 am

      Well the tens are, and the 5’s are. I’ve gotten better at doing it on the fly since these videos are shot in real time. I appreciate you watching and commenting!!

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    • Samswayzie says:
      February 3, 2022 at 5:51 am

      @Super Joe Pardo yeah when it’s gets to the 4% or or 7% it can be tricky off the top of your head

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    • Samswayzie says:
      February 3, 2022 at 5:51 am

      @Joe Pardo yeah when it’s gets to the 4% or or 7% it can be tricky off the top of your head

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    • @samswayzie says:
      February 3, 2022 at 5:51 am

      @@SuperJoePardo yeah when it’s gets to the 4% or or 7% it can be tricky off the top of your head

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    • Super Joe Pardo says:
      February 3, 2022 at 5:57 am

      Lol absolutely! Sometimes I wish I would scrub through to find the offer first. But I think it adds to the fun of my struggles to do math in my head. I’m great at math, with pen and paper, or calculator, spreadsheet etc. but when it comes to numbers I can’t even write a phone number down that is dictated to
      Me without slowing it down.

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    • Samswayzie says:
      February 3, 2022 at 6:00 am

      @Super Joe Pardo I kinda wish they would do what Australian shark tank did where they put how much the valuation was with the offer on the screen

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    • Samswayzie says:
      February 3, 2022 at 6:00 am

      @Joe Pardo I kinda wish they would do what Australian shark tank did where they put how much the valuation was with the offer on the screen

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    • @samswayzie says:
      February 3, 2022 at 6:00 am

      @@SuperJoePardo I kinda wish they would do what Australian shark tank did where they put how much the valuation was with the offer on the screen

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    • Super Joe Pardo says:
      February 3, 2022 at 6:03 am

      Haha that would make too much sense. Once in a while they do but it should be part of the lower third ask.

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  5. BobayTV says:
    February 19, 2022 at 10:56 pm

    What episode is this?

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    • Super Joe Pardo says:
      February 22, 2022 at 2:20 am

      I appreciate you watching and commenting! This is Season 12 Episode 1. Every video has the season and episode numbers in the description.

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  6. mb c says:
    June 16, 2022 at 7:42 pm

    Damn, he shouldve took that first offer by draymond and that other guy at 4% equity, but mr. wonderful chymed in and then they went back to 10% equity! Wow!

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  7. Bishop master says:
    June 25, 2022 at 7:33 pm

    sucks that guy changed his offer. He shouldve just took the deal! damn that sucks!

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    • Joe Pardo says:
      June 26, 2022 at 6:33 am

      Yeah, it’s a shame. I appreciate you watching and commenting!

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