The event's are special because it's an event. I mean I kinda get the "peloton of cooking videos" angle, but there's just so much free videos out there. That's a traditional move of big business. And they were looking at him as a partner. [–]JWD5569 3 points4 points5 points 1 month ago (11 children), It was when he was like, “you don’t understand what the kind of fucking business this is”, [–]rewyanone 4 points5 points6 points 1 month ago (6 children), [–]JWD5569 4 points5 points6 points 1 month ago (5 children), [–]rewyanone 2 points3 points4 points 1 month ago (3 children). Entrepreneurs Jason McKinney and Tyler Vorce took their company, Truffle Shuffle, and its products to the Sharks on ABC’s Shark Tank to see if they could get a deal from one of the investors. [–]ExcuseYou-What 96 points97 points98 points 1 month ago (27 children). He also has the highest amount invested, again, only second to Mark. They clearly stated at the end why they wanted Mark yet you're mad at them for having a vision. I'll be posting links to each product thread here, as usual. Whether you’re looking for the perfect cool gifts for someone special or just looking to treat yourself to something you love, you’ll find it with our range of retro t shirts inspired by the best old school TV shows, movies, music & more! An actual cooking class in a physical space is an experience. THAT is the key detail for events for me. Truffle Kettle Corn Case of 24 ea 1.5 oz Bags - $109.99 Truffle Kettle Corn Case of 10 ea 8 oz Bags - … Seemed like Mark threw money at them cause why not, but he didn’t actually care. I do photography, and there's a bunch of legit online photo courses that are made up of prerecorded videos. Right? Like, there are people who pay for all kinds of things they can find elsewhere for free. I'm honestly less interested in the cooking classes, because I can just consult The Flavor Bible, On Food and Cooking, The Food Lab, my badass food scientist friend from grad school, and the internet for ideas. Chefs, Jason McKinney and Tyler Vorce, came to the Shark Tank seeking $500,000 in exchange for 5% equity in their company, Truffle Shuffle. An honest effort to make the finest of truffles available to restaurants around the United States, this company sure got us curious. that's much much different than what Mark does. I could see a "peloton of cooking" business concept working, but I think it would need different instructors than these guys. truffles don't go bad after 5 days, but they do start to lose some flavor and smell. S12E21 Episode Discussion - Truffle ShuffleEpisode Discussion (self.sharktank), Phil Crowley's intro: "A company based on one of the world's most expensive ingredients.". [–]loveashgrey 1 point2 points3 points 1 month ago (3 children), I thought the Peloton comment was stupid. [–]PregnantMexicanTeens 13 points14 points15 points 1 month ago (4 children). Episode Discussion. [–]batsofburden 5 points6 points7 points 1 month ago (0 children). SHARK TANK - "1218" - FRIDAY, APRIL 16 (8:00-9:01 p.m. EDT), on ABC. [–]queen-of-carthage 6 points7 points8 points 1 month ago (1 child), I think he was suggested they do both, the videos could be a cheaper option for people, [–]admiralvic 11 points12 points13 points 1 month ago (0 children). He's got that strong technological background. Robert has those same connections. I’m personally not a fan of how he comes across but I don’t attribute that to his deal making abilities. While it’s been reported in the past that he’s flighty, I think the people he tends to invest in don’t have their financials fully sorted out which leads to broken deals. Truffle Shuffle is a food business that is primarily involved with conducting online cooking classes which includes meal kits and ingredients. A pretty unimportant one at that since there could be a number of reasons for it even if it is true. You get supplies, there is more to it, but if they're not good teachers, it isn't fun, perhaps the dish isn't good, they won't sell. Felt bad for Robert, [–]mjc570 6 points7 points8 points 1 month ago (0 children). Personally I think there is a huge difference. [–]ddaug4uf 33 points34 points35 points 1 month ago (8 children). Dang, I was really hoping this would be a direct-to-consumer truffle business. I didn't really hear where they solved or revolutionized the procurement and sale of product. On the contrary, when trying to find the source for this claim, I found this infographic (data from S01 - S10). every shark(except Kevin who stays out once he's out) does this but Mark is the absolute worst in this regard. We’re two American bros with no experience trying to disrupt the truffle biz. Truffle Shuffle doesn’t just provide fresh … Even cooking two meals a day, I still end up throwing away some of all of it. Boo hoo for entrepreneurs knowing what they want out of an investor. Cuban goes on a whole rant about the reasons why he's out and then he scoops in when he sees another shark getting a good deal. It’s not really comparable imo ♀️, [–]monkeyman80 2 points3 points4 points 1 month ago (0 children). I personally didn't really like these men, and liking the presenter is fundamental for such a venture. I got one of these bottles. [–]Summebride 11 points12 points13 points 1 month ago (0 children). Weren't they selling their cooking class for close to $100? [–]JWD5569 2 points3 points4 points 1 month ago (2 children). Cook live with the Truffle Shuffle Chefs and special guest Chef Dave Guilloty on June 13th! [+]Cnieuy comment score below threshold-6 points-5 points-4 points 1 month ago (2 children). The story of "strapping 9,999 Euros to a someone's chest" was weird. Even if you think Mark is a better shark and the one you want, I get the impression Robert cared quite a bit more. Buy a jar of salt and let's say you get access to four videos, you know, something that keeps people engaged and gives more value without costing the company anything. Rare pitch where I thought Robert was the perfect partner for them. Interesting. Are there even people who watch infomercials nowadays? Let us know what you thought! LOL I thought I heard that. Just goes to prove people want to hate him. Fresh, high-quality products made with black truffle. Update: Yellow Leaf Hammocks - An update on a … I’m sure there sales were up during the pandemic because it’s couples looking for something to do since options of where to go out Is limited. Mark threw some of his fuck you money at this. Robert has a better understanding, is fighting to prove his vision against Kevin and then Mark randomly gets involved and they just go with him. [–]LadyFerretQueen 0 points1 point2 points 1 month ago (0 children). [–]donotfretcitizen 13 points14 points15 points 1 month ago (0 children), [–]Sea-Ad-7285 6 points7 points8 points 1 month ago (0 children), [–]pfizer_soze 8 points9 points10 points 1 month ago (0 children), The chefs specifically said that the "aroma dissipates" after five days, [–]feralparakeet[S] 3 points4 points5 points 1 month ago (0 children). Yeah, I get that but it kind of makes their inventory supply driven and not demand driven. [–]admiralvic 6 points7 points8 points 1 month ago (4 children). Mark has the highest closing rate on deals after the show, and there's a prestige to being a business partner of a billionaire. [–]monkeyman80 3 points4 points5 points 1 month ago (0 children). [–]zhecks 24 points25 points26 points 1 month ago (2 children). Like, there are people who pay for all kinds of things they can find elsewhere for free. © 2021 reddit inc. All rights reserved. I disagree. Press question mark to learn the rest of the keyboard shortcuts. I love truffles and even that's not something I'm buying. Truffle Shuffle pitch on Shark Tank (ABC) On Season 12 of Shark Tank, two chefs from Oakland, California — Jason McKinney and Tyler Vorce — … I feel like they are either going to end up with massive inventory counts of Truffle processed staple goods or they are going to be not delivering fresh truffles because they can’t source enough. Buying the kit gets you access to the video. From S1-7 it was 45%, which wasn't that far from average, but from what I know the amount that close has generally gone up in recent seasons. You consider, it's super easy to invest in a special event because it's, well, an event. The salt/honey/popcorn meh. I could not get into this pitch. If you have a news scoop or an interesting story for us, please reach out at (323) 421-7514 Happens a lot with younger kids who prob just pick Mark because they think he will get them court side tickets to games. I thought the same thing! [–]feralparakeet[S] 4 points5 points6 points 1 month ago (0 children). Was just backing you up, [–]Inv3rno 2 points3 points4 points 1 month ago (0 children), Totally says It’s not a fucking food business lol, [–]lordatlas 1 point2 points3 points 1 month ago (3 children). [–]ks2865 4 points5 points6 points 1 month ago (1 child), They’re chefs with experience in a Michelin star restaurant, directly responsible for procuring the truffles used in that restaurant. The two Truffle Shuffle business partners spent months rehearsing their pitch to the “Shark Tank” investors before participating on the show. They did .I'm saying due to Kevin's involvement with Plated that he would have been a good partner. People just seem to be repeating a rumor. A virtual cooking class isn't much different whether it's pre-recorded or live. If their business revolves around truffle, considering that not a lot of people can’t even afford it, then it seems their consumer audience is pretty limited to mainly rich people. There's a bunch out there and the average home cook isn't buying a $20 jar of truffle salt. [–]yummymarshmallow 16 points17 points18 points 1 month ago (9 children). Maybe they resonate better with his personality. That's totally not worth it. Robert has a better understanding, is fighting to prove his vision against Kevin and then Mark randomly gets involved and they just go with him. There are many reasons why just because Robert has the same “tech connections” it’s better to choose the other option. Update On Truffle Shuffle From Shark Tank The founders of the Truffle Shuffle went on to season 12 of the show hoping for a significant investment. Selling truffle flavored products like salts doesn't seem that enticing as a business. So I'm not interested. [–]BleedBigRed2019 4 points5 points6 points 1 month ago (0 children). Accessories; Advertisement; By Brand; Cars; Clothing; Computers; Educations; Electronics I mean I kinda get the "peloton of cooking videos" angle, but there's just so much free videos out there. [–]ElPayaso123 4 points5 points6 points 1 month ago (9 children). Understood the business better than the other sharks and was super enthusiastic. Robert easily has the lowest percentage of actually sticking with a deal after he’s made it on tv. He's right about the vision and I would have taken the guy who seemed pumped about the idea (and technology idea). Sharks: Mark - Daymond - Kevin - Lori - Robert. As seen on Shark Tank - *Read Those Rave Reviews! Product prices and availability are accurate as of the date/time indicated and are subject to change. If you’re a regular reader of this blog you know I’m an avid Shark Tank Fan. [–]LadyFerretQueen 1 point2 points3 points 1 month ago (1 child). Like Mark Cuban once said in an interview, the most likely reason for a deal not going through is the contestant backing out. I'd pay a premium for a brand willing to put their reputation around having great quality authentic truffle products, if they don't have reputable people who disagree with their quality. I love truffles and even that's not something I'm buying. Like, I don't know where you see $20, because on the site I see Balinese Truffle Salt for $38, but either or, most people are not going to even consider spending the money to get this product if I have to use the salt in like a month. Truffle Shuffle’s Shark Tank episode aired Friday, April 16th at 8 PM PST on ABC and can be viewed on abc.com. [–]_TresLechesCake 5 points6 points7 points 1 month ago (0 children). I agree that the entrepreneurs were not charismatic, but I don't think that is make or break for this business model. Players take turns selecting truffles from a shared box of overlapping cards in order to make their own arrangements of chocolates to sell. From surprise celebrity guests to hilarious and entertaining acts to delicious recipes and drinks, you’ll learn to cook and have fun in our once-a-week, Signature 90-minute event. I am not a foodie. Truffle Shuffle is a fast and fun card-drafting game for the whole family! If you just want some generic cooking advice for black truffle risotto, sure, there are lots of free videos on youtube or whatever. Truffle Shuffle Gift Box. The event's are special because it's an event. Kevin’s offer was bad especially compared to Robert (debt and more equity??) [–]LadyFerretQueen 2 points3 points4 points 1 month ago (0 children). I have a $20 bottle of truffle oil that makes for some excellent finishing on truffle fries, and will probably buy some of their products soonish. Who brags about tricking prior investors about something while pitching new investors? [–]LadyFerretQueen 2 points3 points4 points 1 month ago (6 children), [–]decidedly_unoriginal 3 points4 points5 points 1 month ago (2 children). It's somewhere between a warning flag and classless. It's still better than most meal-in-a-kit companies, which just give you a card or website with instructions. I agree that the entrepreneurs were not charismatic, but I don't think that is make or break for this business model. Whether it is real time or pre-recorded doesn't seem like it would be that much of an issue. [–]hollygohardly 1 point2 points3 points 1 month ago (0 children). they did robert dirty there. I'd just have to believe their classes are enjoyable enough to encourage repeat business. That's what their other biz is for. S12E21 Episode Discussion - Truffle Shuffle, Help creating and running a conference system. They don’t have to offload it in a few days. I get an awful vibe from Robert through the screen, I’m sure people feel it in the room and that’s why he is repeatedly passed up or only considered if another shark is on board to legitimize his offer. TruffleShuffle - You love it, We get it. REDDIT and the ALIEN Logo are registered trademarks of reddit inc. π Rendered by PID 19975 on r2-app-079b59c018f6e340f at 2021-05-24 05:02:49.446232+00:00 running 1743082 country code: FR. Robert can’t renege on so many of his deals and still expect entrepreneurs to want to partner with him. Seriously, I hate how many entrepreneurs treat shark tank as a show to get your product in front of Mark Cuban. Mind you, they were looking for a "strong technological background" for selling truffles. You consider, it's super easy to invest in a special event because it's, well, an event. The vast majority of truffle products are fake and just use synthetic flavors. Best of all, they might buy more salt, videos or more, but I'm putting way too much thought into a business I don't care about. Anything they don't hit their immediate forecasts for, they turn into salt & popcorn. [–]ILikeToDoodleAlot 2 points3 points4 points 1 month ago (0 children), Ha, I know. I was just joking around with that word and the prefix pre, [–]DiorHearts 8 points9 points10 points 1 month ago (6 children). Like Robert actually had great ideas and had a passion for the product, while Mark barely could be bothered, yet they chose Mark right away lol, [–]HWK1590 36 points37 points38 points 1 month ago (4 children). [–]Lookingblazed 4 points5 points6 points 1 month ago (1 child), This is a little more in depth. Truffle Shuffle founders, from left, Tyler Vorce, Sarah McKinney and Jason McKinney. If I wanted a prerecorded video, I would watch YouTube tutorials. I’ve written about my love for Souper Cubes (who made a deal with Lori Greiner) and the Salad Sling (who did not get a deal). It's something we can do on a date, or look forward to. [–]Summebride 2 points3 points4 points 1 month ago (1 child). He says "It's not a friggin food business" and it's pretty clear, not sure how the other user heard anything else, [–]rewyanone 0 points1 point2 points 1 month ago (1 child). ever notice that when mark makes an offer that robert often immediately says "well, mark made a better offer than i would have given you..." as a way to seem like a big shot? I did not get the impression that they were inexperienced bro’s whatsoever. We use cookies on our websites for a number of purposes, including analytics and performance, functionality and advertising. TRUFFLE SHUFFLE Brown Butter Truffle Honey, 3oz Amazon.com Price: $ 22.95 (as of 19/05/2021 12:00 PST- Details ) & FREE Shipping . It doesn't even have to be real, just perceived. I kind of understand where people are coming from with this. With a strong background in the top restaurant kitchens including The French Laundry, chefs Jason McKinney and Tyler Vorce would often include truffles in their dishes. A pre-fab video doesn't have the same event feel. [–]ks2865 3 points4 points5 points 1 month ago* (1 child). Same. THAT is the key detail for events for me. Robert wanted them to make a prerecorded video and use that for their virtual events. A dangerously delicious, perfectly sweet, savory and salty snack sprinkled with our Balinese Truffle Salt and savory white cheddar. So maybe you had this amazing meal, decide to get more truffles and want to try another of their recipes, instead of waiting for an event or investing in the full event cost (kit and video), you could purchase this or that video. I'm not going to get into whether Mark Cuban is better than Robert Herjavec, but I'm pretty sure the computer security guy worth $200 million could totally handle this. Lmao they really left Robert hanging out to dry even when it seemed he understood their goals the best. [–]thelocalguide 14 points15 points16 points 1 month ago (5 children), Robert can’t renege on so many of his deals, [–]otherisp 7 points8 points9 points 1 month ago (4 children). This doesn't scream "i need Cuban" to blow it up. S12E21 Episode Discussion - Truffle Shuffle. and join one of thousands of communities. There's a bunch out there and the average home cook isn't buying a $20 jar of truffle salt. Mark has the highest closing rate on deals after the show, and there's a prestige to being a business partner of a billionaire. [–]rakuu 13 points14 points15 points 1 month ago (1 child). "The Chefs conceived and launched Truffle Shuffle as an honest truffle company to provide the finest truffle … Truffle snuffle - not a truffle eater, so that part of the business didn't appeal. [–]damoreweed 0 points1 point2 points 1 month ago (0 children). Someone sent me this thread and it is pretty interesting to see you guys chat about the pitch. There are a million cooking classes around, and also lots of meal prep kits, all of which have clear instructions and I think some videos. There are millions. Seriously. But do you think there is a difference between a class you take in a physical space with other people, vs a virtual class where other people are logged in to a shared screen? [–]buckeyemichalak82 3 points4 points5 points 1 month ago (0 children). This might be a good zoom kind of party thing, though. In addition to providing jobs for workers affected by the stalled hospitality industry, Truffle Shuffle: Supports family farms by paying fair, above-market rates. He usually just ends up getting the entrepreneurs a better deal. I make over a 100K a year and I’m single. These guys are dealing with a smaller window and have to package and ship without knowing how many meals are going to be ordered. Oh well, not in love with truffles in general, and their margins stress me out so hopefully they can optimize their business. [–]thelocalguide 6 points7 points8 points 1 month ago* (1 child). Truffle Shuffle Provides Truffle Products & Fresh Truffles. Buying the kit gets you access to the video. I don’t see him investing the time or effort Robert would have. You can look up the ratio of deals made to deals kept for each shark online. Two … [–]gaytechdadwithson 6 points7 points8 points 1 month ago (0 children), Uh, the person making the claim typically is the one that has to back it up, [–]monkeyman80 50 points51 points52 points 1 month ago (13 children). Fresh, high-quality products made with black truffle. Personally didn't like either half of this business. I absolutely HATE this about Mark. Happy to answer any questions you guys might have directly. Similar to a friend of mine, who took a virtual wine tasting (sent bottles and person virtually chatted about them with a few others). [–]richardparadox163 6 points7 points8 points 1 month ago (3 children), [–]PregnantMexicanTeens 3 points4 points5 points 1 month ago (2 children). The fragility of the product scares the hell out of me. Plus they said they were targeting Mark before they got in. Phil Crowley's intro: "A company based on one of the world's most expensive ingredients." You're not a shark named Mark Cuban. Unbelievable. But regardless, they sold about $1.2MM of the cooking show/ingredient box model so somebody must like them. I didn’t catch it live so it’s possible they changed it. But here, is not like there is some offsetting saving or value. pre-recorded? [–]smookydabear 0 points1 point2 points 1 month ago (1 child). Realistically, I think the video class angle works for them during a massive pandemic that shuts down all in-person venues, but not so much afterwards. [–]Daveed84 6 points7 points8 points 1 month ago (2 children), It's not a live show and I seriously doubt they would have let it air like that. Best thing I've ever bought when it comes to hydration. Players can complete a variety of sets, using special modifiers and action cards. Prepares and donates a meal to a frontline healthcare worker for … People are not citing sources plus even if it is true there are so many reasons for it. S12E25 Episode Discussion: Copper Cow Coffee. [–]Summebride 0 points1 point2 points 1 month ago (0 children). That’s not entirely on him though. Product prices and availability are accurate as of the date/time indicated and are subject to change. I'd say he dodged a bullet, but I'm sure there are plenty of self-described "foodies" happy to fling money at this. No shit. Sometimes when a sales pitch has a built in "this will more than pay for itself" element, the sales can catch fire. Truffle Shuffle creates meals based on truffles for kits and virtual cooking classes. Also, poor Robert, he really seemed to want this one. [–]ddaug4uf 2 points3 points4 points 1 month ago (0 children). Oh, I thought I heard it wrong because there was no way that could get past editing, right? [–]rakuu 1 point2 points3 points 1 month ago (2 children). Black truffles can be frozen for a brief time, but yes, they do need to be used quickly. Truffle Shuffle started with an idea for an honest truffle company. The entrepreneurs later explained that they came into the Tank with Mark as their target, as he was a great entrepreneur and felt that he would be able to take Truffle Shuffle to the next level. Is that an attempt to smuggle or skirt customs laws? For the record I fully believe that nothing changed and the other poster simply misheard it. The fragility of the product scares the hell out of me. Ask: $500k for 5%. Cuban was a safer option as Robert doesn’t close many of the deals he makes on the show. I felt bad for Robert. Local Startup Truffle Shuffle Wins Shark Tank with Luxury Virtual Cooking Classes. The two chef-founders of Truffle Shuffle, who offer online cooking classes with truffles in each dish, go on "Shark Tank" and make a sweet deal with Mark Cuban, their dream shark. He's such a dirty player. No one wants Robert. [–]damoreweed 1 point2 points3 points 1 month ago (0 children). Same. [–]_TresLechesCake 6 points7 points8 points 1 month ago* (0 children). [–]_TresLechesCake 7 points8 points9 points 1 month ago (2 children). Robert wanted them to make a prerecorded video and use that for their virtual events. Yeah, but those meal-in-a-kit are around $30/meal. Wasn't that fond of these guys dickering over 15%, 18%, 17% especially considering this business isn't exactly sustainably successful yet. I'd pay a premium for a brand willing to put their reputation around having great quality authentic truffle products, if they don't have reputable people who disagree with their quality. [–]thelocalguide 1 point2 points3 points 1 month ago (0 children). [–]admiralvic 12 points13 points14 points 1 month ago* (8 children), They clearly stated at the end why they wanted Mark. A michelin star restaurant, or a person trying to recreate that type of meal at home doesn't want to pay premium prices for truffles that are past their peak. [–]thelocalguide 22 points23 points24 points 1 month ago (4 children). I think it’s a bit low but he isn’t as aggressive as the others. [–]LastNightOsiris 2 points3 points4 points 1 month ago (1 child). Was this at the end — or when did he say it? I do not like truffles. Which is why Lori can make so many millionaires. That's the thing. Granted, they’re not the same demo, but the concept would be similar. However, if it's a way to offload unsold truffles that are going to expire without it I see the value. The salt/honey/popcorn meh. Yup. never understatement someone who sees your vision. We would like to show you a description here but the site won’t allow us. Herjavec founded BRAK Systems, a Canadian integrator of Internet security software, and sold it to AT&T Canada (now Allstream Inc.) in 2000 for $30.2 million. On Hulu right now he says frigging. I feel like they should have gotten ripped apart for their evaluation. If the business is making attractive cooking shows, then having anti-charismatic hosts is a deal breaker. The event's are special because it's an event. Truffle Shuffle, one manufacturer of truffle salt, made a deal with Mark Cuban on Shark Tank. [–]Redbullsnation 0 points1 point2 points 1 month ago (1 child), This seemed like a homerun to me. >20 million people in the USA make over $100k. What he was suggesting is that they might do an event and try to roll that into additional video sales. Seems like a shrinking demographic. "hey these new windows will lower my energy bill" or "I'm going to buy this electric car so I can save on gasoline" or "if my husband buys this expensive tool he can start a revenue generating side business with it".
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