Author Topic: chabad guy on shark tank  (Read 12372 times)

Offline Dave321

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: May 2013
  • Posts: 756
  • Total likes: 18
  • DansDeals.com Hat Tips 1
    • View Profile
  • Location: brooklyn
Re: chabad guy on shark tank
« Reply #75 on: November 10, 2013, 06:08:45 PM »
He licensed to a big company that signed a guarantee of $2MM in sales per year. It's their problem now

Yup!! Thats a great deal. guaranteed sales!!

This guys chabad house is on easy street....

Online jj1000

  • Administrator
  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • **********
  • Join Date: Jun 2008
  • Posts: 10849
  • Total likes: 1015
  • DansDeals.com Hat Tips 8015
    • View Profile
  • Location: The value of a forum such as this one is not in that one can post a question and receive an answer, but in that the question has most likely been asked before, and the answer is available to him that will but only use the search function.
  • Programs: 1. Search on google. 2. Search in the right board of DDF with a general word or two. 3. Read the wiki. 4. Read the thread. 5. Ask away.
Re: chabad guy on shark tank
« Reply #76 on: November 10, 2013, 06:39:12 PM »
Yup!! Thats a great deal. guaranteed sales!!

This guys chabad house is on easy street....
How many years is that deal for though?
See my 5 step program to your left <--

(Real signature under my location)

Offline MarkS

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Dec 2009
  • Posts: 3713
  • Total likes: 13
  • DansDeals.com Hat Tips 5
  • Gender: Male
    • View Profile
Re: chabad guy on shark tank
« Reply #77 on: November 10, 2013, 06:56:44 PM »
How many years is that deal for though?
Dunno but thats probably one of the downsides of a licensing deal. As soon as sales are declining, they may decide to drop the product. Whereas if he was running a company selling this product, he could try alternative ways to boost sales

Online jj1000

  • Administrator
  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • **********
  • Join Date: Jun 2008
  • Posts: 10849
  • Total likes: 1015
  • DansDeals.com Hat Tips 8015
    • View Profile
  • Location: The value of a forum such as this one is not in that one can post a question and receive an answer, but in that the question has most likely been asked before, and the answer is available to him that will but only use the search function.
  • Programs: 1. Search on google. 2. Search in the right board of DDF with a general word or two. 3. Read the wiki. 4. Read the thread. 5. Ask away.
Re: chabad guy on shark tank
« Reply #78 on: November 10, 2013, 07:04:33 PM »
Dunno but thats probably one of the downsides of a licensing deal. As soon as sales are declining, they may decide to drop the product. Whereas if he was running a company selling this product, he could try alternative ways to boost sales
Right so say at this point he's getting 10% of sales. He is guranteed $200,000 for 1 year big whoop. That is hardly easy street... If it was a 10 year deal that's pretty sweet.
See my 5 step program to your left <--

(Real signature under my location)

Offline Nitantnel

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Apr 2011
  • Posts: 2999
  • Total likes: 2
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Brooklyn
Re: chabad guy on shark tank
« Reply #79 on: November 10, 2013, 07:16:10 PM »
I don't understand this whole business model.

Eventually Apple will just fix the sound issue and there will be no need for his product.

Offline Dave321

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: May 2013
  • Posts: 756
  • Total likes: 18
  • DansDeals.com Hat Tips 1
    • View Profile
  • Location: brooklyn
Re: chabad guy on shark tank
« Reply #80 on: November 10, 2013, 07:18:56 PM »
Right so say at this point he's getting 10% of sales. He is guranteed $200,000 for 1 year big whoop. That is hardly easy street... If it was a 10 year deal that's pretty sweet.

No one seems to know how long the deal is for.

And 200k is pretty darn good for a shliach..... (unless shluchim are making more then that??)

Offline Dave321

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: May 2013
  • Posts: 756
  • Total likes: 18
  • DansDeals.com Hat Tips 1
    • View Profile
  • Location: brooklyn
Re: chabad guy on shark tank
« Reply #81 on: November 10, 2013, 07:19:32 PM »
I don't understand this whole business model.

Eventually Apple will just put the speaker on the front and there will be no need for his product.

FTFY

Online jj1000

  • Administrator
  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • **********
  • Join Date: Jun 2008
  • Posts: 10849
  • Total likes: 1015
  • DansDeals.com Hat Tips 8015
    • View Profile
  • Location: The value of a forum such as this one is not in that one can post a question and receive an answer, but in that the question has most likely been asked before, and the answer is available to him that will but only use the search function.
  • Programs: 1. Search on google. 2. Search in the right board of DDF with a general word or two. 3. Read the wiki. 4. Read the thread. 5. Ask away.
Re: chabad guy on shark tank
« Reply #82 on: November 10, 2013, 07:26:57 PM »
No one seems to know how long the deal is for.

And 200k is pretty darn good for a shliach..... (unless shluchim are making more then that??)
Darn good and "easy street" are about $10,000,000 apart.
See my 5 step program to your left <--

(Real signature under my location)

Offline Something Fishy

  • Global Moderator
  • Dansdeals Lifetime Presidential Platinum Elite
  • **********
  • Join Date: Jan 2011
  • Posts: 6254
  • Total likes: 1045
  • DansDeals.com Hat Tips 43
    • View Profile
    • Kosher Horizons
  • Location: Not Brooklyn
Check out my site for epic kosher adventures: Kosher Horizons

Offline sillypainter

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Jan 2012
  • Posts: 1557
  • Total likes: 43
  • DansDeals.com Hat Tips 0
  • Gender: Male
    • View Profile

Offline hocker

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Oct 2009
  • Posts: 3389
  • Total likes: 36
  • DansDeals.com Hat Tips 5
  • Gender: Male
    • View Profile
Re: chabad guy on shark tank
« Reply #85 on: August 30, 2016, 08:02:11 AM »
WOW BDE. Was such sweet guy. What happened?
wondering the same.
Car Rentals in Israel - http://www.rechev.rentals/

Online jj1000

  • Administrator
  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • **********
  • Join Date: Jun 2008
  • Posts: 10849
  • Total likes: 1015
  • DansDeals.com Hat Tips 8015
    • View Profile
  • Location: The value of a forum such as this one is not in that one can post a question and receive an answer, but in that the question has most likely been asked before, and the answer is available to him that will but only use the search function.
  • Programs: 1. Search on google. 2. Search in the right board of DDF with a general word or two. 3. Read the wiki. 4. Read the thread. 5. Ask away.
Re: chabad guy on shark tank
« Reply #86 on: August 30, 2016, 02:17:37 PM »
Damon's tweet:



My cousin wrote a nice poem:

My baby brother, born just a few years after me.

My baby brother, following me around with his sagging pants.

My baby brother, trying to say "the purple bird burped" because we loved how he couldn't say his "r's" and we loved how cute it came out.

My baby brother, collecting grasshoppers and putting them in his dresser drawers.

My baby brother, the bocher who always made Shlichus an adventure and would connect with people in a way only he could.

My baby brother, who fell in love with my baby daughter.

My baby brother, who made Sossie a personalized video story that kept calling her "Sushi!"

My baby brother, who could do any imitation and used his talents to make puppet shows to make children (and adults) laugh.

My baby brother, who let me wax his chest as practice when I was in Cosmetology school (and screamed like a girl!)

My baby brother, who started a yeshiva for boys who didn't fit in the "box."

My baby brother, an amazing Rabbi and teacher.

My baby brother, who did everything in his power to have children even when it was impossible.

My baby brother, who loved his children more than anything in the whole wide world!

My baby brother, who was such a genius that he patented his own invention.

My baby brother, who became known as the "Shark Tank" guy who convinced Damion to back his dream.

My baby brother, who fought for his life but lost.

My baby brother, who is now resting peacefully with my Tatty.

My baby brother, you left too soon.

My baby brother, my heart is broken and I don't know if it can ever be repaired.

I love you Moshe.
See my 5 step program to your left <--

(Real signature under my location)

Offline efflpetzel

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Aug 2012
  • Posts: 2387
  • Total likes: 29
  • DansDeals.com Hat Tips 1
    • View Profile
Re: chabad guy on shark tank
« Reply #87 on: September 02, 2016, 02:24:44 PM »
What happened

Offline yakrot

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Dec 2013
  • Posts: 1715
  • Total likes: 21
  • DansDeals.com Hat Tips 1
    • View Profile
Re: chabad guy on shark tank
« Reply #88 on: September 02, 2016, 03:05:25 PM »

Offline efflpetzel

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Aug 2012
  • Posts: 2387
  • Total likes: 29
  • DansDeals.com Hat Tips 1
    • View Profile
Re: chabad guy on shark tank
« Reply #89 on: September 02, 2016, 03:07:12 PM »