Mark Cuban and Kevin O’Leary’s Reactions On Shark Tank
Highlights
- Mark Cuban and Kevin O’Leary have presented their different personality shades through many episodes.
- Mark and Kevin got into a heated debate during the Tipsy Elves pitch although none of them invested in it.
- The two Shark investors also fought during The Painted Pretzels and HyConn.
Fights between Shark investors are not a new thing for the show’s viewers. These moments always emerge as the highlight of any Shark Tank episode, especially during the fights between Mark Cuban and Kevin O’Leary. As both the Sharks are great with words, viewers have enjoyed all their verbal battles.
Both Mark and Kevin are known for their witty one-liners and instant replies for any situation during a Shark Tank pitch. This is why the audiences remember their moments of clashes even after hundreds of Shark Tank episodes.
1. Tipsy Elves
The entrepreneur duo of Evan Mendelsohn and Nick Morton appeared in the fifth Shark Tank season with their line of ‘ugly’ Christmas sweaters through Tipsy Elves. Seeking $100K for a 5% equity, the entrepreneurs stated that their products were unique due to their quirky designs.
Why Did Mark Cuban And Kevin O’Leary Argue?
When Kevin questioned Evan and Nick’s valuation and called it ‘ugly,’ Mark told the duo not to listen to him. Additionally, he stated that Kevin was the ‘worst at valuations.’ Going further, Mark said that he was someone who looked forward and not backwards by worrying about valuations.
However, Mark Cuban, too, was apprehensive about investing in Tipsy Elves as he felt the entrepreneurs did not explain their scalability plans properly.
In the end, Evan and Nick finalized the deal with Robert Herjavec for $100K at 10% equity.
2. The Painted Pretzel
Aspiring entrepreneur Raven Thomas made her way to the Shark investors with ‘The Painted Pretzel,’ delectable chocolate-covered pretzels. The stay-at-home mom went to the Sharks seeking $00K for 25% equity. Raven tried to convince the judges by claiming to have made $60K in sales in 2011.
Why Did Mark Cuban And Kevin O’Leary Argue?
Kevin O’Leary expressed his honest opinion regarding ‘The Painted Pretzels’ by saying that there were high chances of duplicity. The Shark investor felt that many other people could prepare similar pretzels, so there was nothing proprietary about Raven’s venture. Mark instantly reacted to his statement.
He not only applauded Raven for her efforts but also abused her fellow Shark. Mark said that a lot of people quit after giving their best efforts due to someone like Kevin O’Leary.
After this intense verbal fight, Mark Cuban locked the deal with Raven for $100K at 25% equity.
3. HyConn
Fireman turned entrepreneur Jeff Stroope tried his luck on Shark Tank with HyConn, his quick solution for providing water at a faster rate than usual in fire-affected places. Seeking $500K for 40% equity, the entrepreneur approached the investors in one of the earliest seasons of Shark Tank.
Why Did Mark Cuban And Kevin O’Leary Argue?
The argument happened when Kevin asked Jeff if he was willing to work for 20 cents and manufacture his device himself. On learning his idea, Mark interrupted and told the entrepreneur that 20 cents was ‘way too low.’ After this, he offered $1.25 million, along with a three-year agreement – all of these at 100% of HyConn.
Kevin instantly interrupted and told the offer was ‘madness.’ Saying that he wanted the garden hose piece only, he then offered $500K for 100% of the product and a 3% royalty on sales. The two argued again, and Kevin told Mark that his offer reflected greed.
In the end, Jeff decided to go ahead with Mark Cuban’s offer.
The frequent clashes between Mark Cuban and Kevin O’Leary have shaped the layout of Shark Tank over the years. Their two different personalities have led to many memorable moments as seen through the pitches discussed above. These moments have collectively made it a compelling watch for Shark Tank viewers.
Entrepreneur, auteur, raconteur. Rob Merlino is a blogger and writer who enjoys the Shark Tank TV show and Hot Dogs. A father of five who freelances in a variety of publications, Rob has a stable of websites including Shark Tank Blog, Hot Dog Stories, Rob Merlino.com and more.
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