Comments on: ‘Shark Tank’ review: DrumPants, SoapSox, Ninja Cards, and HeartPup https://cartermatt.com/134838/shark-tank-review-drumpants-soapsox-ninja-cards-heartpup/ TV News, Interviews, and Reviews Sun, 05 Oct 2014 08:16:00 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Donald J. Cosby https://cartermatt.com/134838/shark-tank-review-drumpants-soapsox-ninja-cards-heartpup/#comment-139046 Sun, 05 Oct 2014 08:16:00 +0000 http://cartermatt.com/?p=134838#comment-139046 In reply to Thoughts.

But the ppl behind the product is actually more important than the product itself. This episode was classic imo. Heart pup was by far the worst product but got the ONLY deal cuz she was willing 2 sacrifice. Drumpants tho was a completely different matter. Tho I’m in the minority thinking Daymond had a better offer. I think the lady made her mind she wasn’t making a deal. While guy wanted ANY deal. Lol, love when the sharks team up tho, girl new she made a mistake not even willing 2 counter

]]> By: Thoughts https://cartermatt.com/134838/shark-tank-review-drumpants-soapsox-ninja-cards-heartpup/#comment-139019 Sat, 04 Oct 2014 06:46:00 +0000 http://cartermatt.com/?p=134838#comment-139019 Bad decisions all over. This is one of the times where I think Daymond offer was a huge advantage. Like Kevin hinted, Daymond could probably get a better cost of manufacture than them by far, and is basically a giant piggy bank and door opener for them for this product. He essentially would have removed all the risk for them, and helped propel it for them. The saying is, would you rather have a small piece of watermelon, or a large piece of a grape. But they would have been getting 66.66% of the watermelon. Some entrepreneurs need to remember that if the product is as big as they think it is 33% is almost nothing to pay for everything from logistics, manufacturing, capital, risk, to all be covered which any single one could destroy the company. In regards to drum pants, Robert likely saw it in a high potential way. For example, if you can patent rhythmatic blue tooth can these replace drums in the real world? Could it be the next electric piano or guitar in some way depending on how it is refined? Or could the idea of tapping something attached to clothes/body for blue tooth be patented? what is the limit? If any of these things were achievable it would be worth the risk for a tech savvy guy to take a shot in the dark like that. He was the right partner and instead they went for the wrong guy completely.

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