Shark Tank (TV Series)
Episode #6.17 (2015)
Mark Cuban: Self - Shark
Quotes
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Kevin O'Leary : [about Bedjet] I see catastrophe. I see disaster. I see black clouds, devastation, total collapse. Here's what it's gonna look like: You're gonna ship out a couple of million dollars worth of inventory, try and sell it at 499 in specialty mattress stores, it's gonna sit there, it's not gonna turn, the night staff are gonna use it to actually wash the carpets, they don't know what it is. The project is dead already - I'm out.
Mark Aramli - Entrepreneur : Thank you.
Mark Cuban : Ahaha! Why would you thank him for that!
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Lori Greiner : [about Bedjet] How'd you come up with this?
Mark Aramli - Entrepreneur : I used to be an engineer on the NASA spacesuit program.
Robert Herjavec : Oh, wow.
Mark Aramli - Entrepreneur : And I was responsible for some of the cooling and heating and climate control systems of the suit.
Mark Cuban : What does it cost you to make one?
Mark Aramli - Entrepreneur : $98. We have a market test that we did via Kickstarter, we sold more than $50,000 worth of product.
Mark Cuban : What was the price per unit?
Mark Aramli - Entrepreneur : Uh, the retail price for this is gonna be 499.
[the Sharks groan]
Barbara Corcoran : That's more expensive than a mattress!
Kevin O'Leary : Houston, we got a problem!