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Shark Tank OAD 09/14/2012

Discussion in 'Now Playing - TV Show Talk' started by pmyers, Sep 16, 2012.

  1. inaka

    inaka Well-Known Member

    13,176
    46
    Nov 26, 2001
    Oakland, CA
    It's happened at least five times, I'd say.

    Usually two sharks going head to head (Like O'Leary and Cuban) and when they ask the person to leave the room, they collude to join in on a deal.

    I also remember it happening with Kevin Harrington on one deal.

    It also happened when Damon and Robert went in on a deal together.

    I even remember one where O'Leary wasn't even in on a deal, was already out and when the person left the room, he said Cuban gave up WAY too much by saying "in perpetuity" in a commission deal offer, rather than just until Cuban got his initial investment back, then the commission should end. And they totally slipped that in as if it was nothing. It was a huge change to the deal.

    Each time the people got a scaled back offer, or a collusion offer that negated the original offer on the table before they left the room.

    If Cuban can do his "24 second clock" approach (which doesn't allow the pitchman the opportunity to leave the room and think,) then if I had two competing offers on the table from two sharks, I would never leave the room.
     
  2. Ment

    Ment Active Member

    9,864
    10
    Mar 27, 2008
    People's...
    Can't believe his professor partner is advising him so poorly; guess years in academia means those that can do..those that can't teach. Dude was in prototype stage, he had no numbers to give the Sharks on average gross per unit install cause..'it was too warm' nor had he even tested it anywhere to work out the bugs...then he passes on the offer so he has the money to you know actually refine the product and business plan.
     
  3. newsposter

    newsposter Poster of News

    34,274
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    Aug 18, 2002
    SE PA
    when the ep started i thought the coat check thing was gonna be totally automatic...i dont get why he didnt totally automate it with rotating carousels and stuff

    i recently was in philly and drove my car in the 'spot' put my CC in the machine and the car was whisked away automatically to an upstairs parking spot..came out of the restaurant and put the CC in the machine and the computer got my car for me.

    if they can auto park my car...why not my coat?
     
  4. Hank

    Hank AC•FTW

    20,887
    10
    May 31, 2000
    Boston, MA
    His "professor" also seemed pretty green (young).
     
  5. Hank

    Hank AC•FTW

    20,887
    10
    May 31, 2000
    Boston, MA
    I think the difference is that for alot of coat checks, there are two mad rush times -- the start of the event and the end. Any automatic spooling system could take forever to roll back and forth for each coat. And what if it breaks down? It's alot faster to have a human go directly to the coat and retrieve it. And what if there's an error? It works for dry-cleaners because they don't have the same rush problem and there's always someone there to help in case of a problem. And additionally, an automatic system would be a huge hardware install -- I think the Coatchex thing was intended to be temporary -- several large coat racks and an iPad.
     
  6. pmyers

    pmyers Active Member

    14,877
    4
    Jan 4, 2001
    Gilbert, AZ
    Of the top of my head, I'd say probably 4-5 times but it ALWAYS involves the Sharks getting a better deal and the inventor less money. That's why I have a problem with it.
     
  7. pmyers

    pmyers Active Member

    14,877
    4
    Jan 4, 2001
    Gilbert, AZ
    I too think the key would be total automation but I can see your point about beginning and end of concerts/etc. But I think the real potential is in the technology that can be used for other markets where there wouldn't be that bottleneck
     
  8. newsposter

    newsposter Poster of News

    34,274
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    Aug 18, 2002
    SE PA
    how about A-H, I - R and S - Z coat checks :) would triple the speed
     
  9. Turtleboy

    Turtleboy Well-Known Member TCF Club

    53,016
    176
    Mar 24, 2001
    Ft. Lauderdale
    I wonder how many of the deals fall through and never get done.
     
  10. TAsunder

    TAsunder Debates Ghee vs Gi

    17,049
    44
    Aug 6, 2003
    Madison, WI
    I bet it's a decent number. The agreements on the show are not binding and there is a round of further vetting after the events on the show.
     
  11. newsposter

    newsposter Poster of News

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    Aug 18, 2002
    SE PA
    better than hotel hell, at least this show tells you some of the successes..that one guy showed his 'factory' and making huge sums of money as a result of QVC woman
     

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