Larq Has The Highest Valuation Ever On Shark Tank! | Shark Tank US | Shark Tank Global
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Published 2022-08-18
From Season 12 Episode 21
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About Shark Tank: The Sharks – tough, self-made, multi-millionaire and billionaire tycoons – continue their search to invest in the best businesses and products that America has to offer. The Sharks will once again give people from all walks of life the chance to chase the American dream and potentially secure business deals that could make them millionaires.
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Larq Has The Highest Valuation Ever On Shark Tank! | Shark Tank US | Shark Tank Global
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All Comments (21)
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I really appreciate his confidence after missing the bin two times in a row.
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He missed the basket twice, got laughed at, could barely pour water his hands shaking so much, and he kept it together to negotiate a close on a super aggressive offer! Big brain move! He definitely fudged the valuation to get it where it landed, all planned out before walking into the tank! Bravo!
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This guy is a sharp cat. His presentation and answers were precise and incredibly winsome. He went fishing in the Sharks and got what he wanted. Great job
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I really enjoyed Damon's reaction to finding out how much he paid for the bottle 🤣🤣 dude was caught off guard
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Justin knew exactly what he was doing. Gave the sharks the lowest value to work with and gave up 4% only. Well played.
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I like how he looked them and continue his presentation after all the sharks laughed at his valuation.
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First time I ever saw someone finesse the sharks like that. He walked in the room offering 1% and they all laughed at him. He walked out with $1mil of their money and still owns 96% of his company, well done.
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His response to Daymond John going out was the most professional comeback I've seen. I love that guy
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This guy is very smart. They laugh at him with that over the top evaluation but he almost got exactly what he wanted.
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4:35 look at him shaking when pouring that. He was so nervous but yet he stayed calm and achieved what he wanted. Smart man!
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He made every percentage point look so valuable, didnt lower the valuation, and kept the trust with it, best strategy is to maintain the trust, no discounts just little room for back and fort. I really think he set the bottom line for 2% for each 500k
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This guy knows the ins & outs of a sale pitch, and knows his product worth the investment. Despite the sharks laughed at him, he maintained his cool and carry on. Very solid pitch.
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This guy is smart and knows investing, numbers, and negotiates like a pro. His company is gonna have a bright future
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Barbara: I love your product. I think you're fantastic, your business is phenomenal, and your valuation is perfect. I've been waiting for years for someone like you to come into the tank; in fact, I dare say you are the single greatest entrepreneur we've ever seen, with the greatest business we've ever seen. This product will change hundreds of millions of lives for the better, and generate hundreds of billions in revenue. I think you're beautiful, and I love you. For those reasons, I'm out.
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This has got to be one of the smartest guys they have had one the show. He really understands deal structure and his product is awesome!
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Guy was a great negotiator. He did his homework on the Sharks, and I think he ended up with the right 2.
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Barbara: When I was a little girl we had to boil our water to cleanse it and I think you’re looking for shortcuts. Let me tell you something my friend, there is the right way to do things and then there’s the easy way to do things. I think this product shows that you are a slacker and for those reasons I’m out.
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If this thing not only cleans the water but also purifies harmful water, that’s amazing.
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Notice how he wasn’t faced and kept going. Nerves of steel. Great confidence and was focused on the end result.
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Bro is actually a hidden genius. Left with exactly what he wanted. Make the first offer absurd, but then get a good offer from the sharks.
