Top 10 Shark Tank Products the Sharks Regret Taking

and all i'm going to ask of you is yes is that you will put all that drive and enthusiasm into helping me and you get that into every single theme park that there is across the country welcome to watch mojo and today we're counting down our picks for the top 10 shark tank products the sharks regret taking i think we walked out of the tank looking at each other and saying what just happened if he gets the deal he's got the deal i get the deal i don't i don't you haven't understood the problem for this list we'll be looking at those deals the sharks made that turned out to be nowhere near as profitable as they thought we'll be including products from both the us and australian shows have you ever bought a product shown on shark tank let us know in the comments if you like what you're hearing be sure to check out the full song at the link below [Applause] number 10 kate app our first entry on this list was dubbed the cheaters app by one of the sharks so neil this is a cheater's app but in reality it's a privacy app well let's call a spade a spade it's a cheater's app i'm okay with that it's a cheater's hat for you neil go with it baby own it the entire point of the app is to conceal any communications on your mobile device that you wish to keep private but but neil do you have any issues or concerns about the morality of the product you're promoting let's put it this way what are you talking about let the guy answer a question i'm answering it for you you're not fighting it's no you choose which contacts you keep hidden and any text messages or calls are diverted to the app hiding them from plain sight although the founder got a combo deal from kevin o'leary and damon john the app is nowhere to be found ooh i love a good deal you guys can make some money with it i love the kid yeah he's a great kid the website no longer exists and their last tweet was in 2013. similar apps have since surfaced but this one is now long gone number nine cubits during the first season of the show shark tank saw mark burginger come in and try to pitch his construction toy concept to the investors these toys are quite easy to put together as you just secure them with the connector then you could use a panel perhaps and there you go you've already started building something it's that simple qubits as they are called are essentially a series of interlocking flat plastic pieces that kids could use to build whatever their imagination came up with it is a creative endeavor that i've had in my mind for a long time once you create a form with this type of geometry it can create natural structures that relate directly to science damon gave mark a contingency offer which hinged on the ability to get a major toy seller to buy into the concept you accept yes i do except we're in business fantastic okay man thank you david unfortunately they couldn't convince other toy makers to take the product on and damon pulled out despite the hurdle qubits is still in business and continues to actively sell products on amazon number eight 365. will strange is an entrepreneur from australia who pitched the idea of a subscription service for men's underwear on the australian version of shark tank so imagine having the ability to have something delivered to your door every three months it allows you to have your own underwear and have them perfectly crisp for you every time for thirty dollars you get three pairs of underwear and three pairs of socks delivered he successfully got an offer from naomi simpson and janine alice and that would have been the end of it however during his appearance concerns came up over his ability to balance his work with that of other businesses he's managing so who's going to be running this full time myself what about the other business i'll be running both you can't run both you can't do it because you know what neither will reach the heights that you want them to you need to have a sole focus and a passion for one of them after the episode aired will ultimately decided to dedicate his attention to a sports performance tracking business 365 was ultimately sold off and then eventually closed its doors for good in october of 2019. business is tough yes and this is your first lesson right and look what a great looking board you've got i mean unbelievable number seven haikon who would have thought a fire hose attachment would spark such a huge deal mark cuban offered 1.25 million dollars to buy out haikon and guarantee employment for its creator jeff stroup and i'll pay you a percentage of the profits once we hit certain hurdles that we agree to jeff had created a specialty adapter for both fire and garden hoses that allows them to be connected far easier than traditional means as you can see the icon is already connected it's ready to turn the water on the other side we're still trying to screw it on okay now he's got it tight the deal fell through when stroup and cuban disagreed on how best to get the product into the market cuban wanted to license the design to another company where stroop wanted to retain full control it disturbs me immensely to watch you suck the life out of this man he's worked so hard to get to where he is and you're just taking it all away this is such bahui right and that's the most polite word i come up with jeff ultimately prevailed but as of 2019 their facebook and twitter pages have gone silent and their online store seems to be missing number six night runner it's dark out and you decide to go for a run just as you're picking up speed and seeing your heart rate go up you trip and stumble over something in your path doug and renata store pitched the nightrunner 270 shoe lights to the sharks in season 8. they provide 270 degrees of visibility around you wow 150 lumens out in front with a 30 foot beam distance to identify any trip hazards that might be in your path robert herjavec made them an offer and it seemed that they were well on their way as it turns out they didn't end up needing robert's money congratulations guys congratulations that was great thanks for the shoes you're welcome once their episode aired their business took off on its own and they no longer needed a major investment to be successful the shoe lights continue to be sold today and they have now expanded their product line even further they played their hand really well number five show no towels take one big towel and cut a hole in the middle that's show no towel and then the name just shot out at me it's a changing towel it's a poncho it's a shono shelley j ehler came into the shark tank and convinced laurie grenier to go into business with her the plan was to try to sell these towels to water and other theme parks i promise you i will not let you down that by the way is a first on shark tank she believes in you so much shelly she's not willing to do any due diligence three years after the episode aired shelley threw in the towel and gave up on her business unlike others she didn't get a wave of orders after the episode aired i have a call into a connection with with disney right now and it's very recent i haven't heard anything back but i'm going to keep working it until i get it despite a deal with disney world's water parks the towel business didn't take off and her deal with grineer was less appealing once the cameras were off i just want to say something here i'm stunned you're letting a woman with an impassioned plea with a slit in a towel suck you in number four the body jack jack i see another workout device on the floor along with all the others i've seen and asked myself what's special about this and the answer is let's be honest with each other nothing barbara corcoran made a deal with jack behringer aka cactus jack if he could shed 30 pounds using his exercise machine she'd match kevin harrington's deal and fund the other half of jack's 180k ask let me get this right this guy has to lose 30 pounds he's got to lose the cactus jack gut to get the 90 grand from barbara sure enough jack did lose the weight and infomercials for the body jack were produced good job cactus now let's get down to business however it seems somewhere along the way things fell apart corcoran has gone on record several times stating her deal with cactus jack as being one of her worst both their facebook page and website are now defunct and their product listings on amazon are shown as currently unavailable my dad influenced me with but one quote he said you can trade hours for dollars or you can trade ideas for millions guess which one i chose number three sweet balls that's right sweet boss as we've seen in this list deals often fall through after the show airs when the investors learn of details not disclosed at pitch time for sweet balls it started falling apart immediately after their appearance on the show despite securing a deal with mark cuban and barbara corcoran james mcdonald and cole agar ended up in court over a dispute around ownership of the company wait wait wait no we didn't agree on it yes we did no we didn't i said between restraining orders fights over the use of company website domain names and salary disputes it's a business that has been plagued by drama details of how this affected the shark's investment are hard to find but one can only assume this is a ball they'd rather not run with anymore rarely nikki do i not ask for control because i'm a control freak okay but i trust you you know what you're doing you do i can help you immensely in the toy space immensely framed as the netflix for toys toyguru was a subscription-based business where customers could pay a monthly fee to receive a box full of toys every month the great thing about my company is when their kids get bored with or outgrow those toys they just throw them in the box use the return label that we provided send them back to us and we send them their next box of toys both mark and kevin came in on the deal together with owner nikki pope with powerhouses like these behind her you'd think it would have been a recipe for success i'm very excited this is a great idea thank you so much she appeared on several shows to promote the brand which brought an influx of customers however the company was just two people and nikki was feeling the weight of responsibility as the subscriber base began to grow after failing to meet demand toyguru went bankrupt in april of 2012. before we continue be sure to subscribe to our channel and ring the bell to get notified about our latest videos you'll have the option to be notified for occasional videos or all of them if you're on your phone make sure you go into your settings and switch on notifications number one breathometer to you charles thank you sometimes it ends badly though it was presented as a smartphone compatible breathalyzer blowing into the device would yield a reading of one's blood alcohol level in a rare showing of unity founder charles jim secured one million dollars worth of funding from all five sharks i've never thought about raising all the cash that we needed from the entire team of the sharks i'm ecstatic right now i have no words i'm shocked the products soared after the episode but details emerged about its accuracy an investigation determined the product often yielded a lower score than reality this resulted in a settlement with the ftc that required the company to refund anyone who had purchased the product the app and the product itself were also discontinued mark cuban described the experience best in a vanity fair interview worst execution in the history of shark tank do you agree with our picks let us know in the comments and hey if you're a fan of the song playing right now be sure to check out the music video for it right here [Music] you

Channel: WatchMojo.com

Views: 213,924

Rating: 4.899519 out of 5

Keywords: Business, TV, breathometer, cateapp, hy-conn, list, mojo, night runner, products, products the sharks regret, qubits, regret, shark tank, shark tank products the sharks regret talking, shark tank regrets, showno towels, sweet ballz, the body joe, the sharks, three65, top 10, toygaroo, watch mojo, watchmojo, worst shark tank products

Id: DnjVAWkEvA8

Length: 12min 4sec (724 seconds)

Published: Fri Aug 06 2021