I hear you. I'm out.
I appreciate it. Thank you very much. Thank you.
Yeah. Yeah. So... [ Inhales sharply ]
I think you're in trouble, but I actually like you so much,
maybe 'cause of the salad, that I -- You started with $1,000.
That's as underdog as you can get. Yeah, I'm not mad at it, right?
I think you're gonna have to raise a lot of money
or you're gonna die, and I see a lot of these deals,
but I just don't know if you're gonna be able
to make it through that critical time.
Sure. Well, this is the critical time, right?
And for us, 500 doors represents $5 million.
I know it is, but I don't want it to be a critical time
for my money, so I'm out.
Listen, you were in a situation in COVID.
It wasn't working. Everything closed down.
You created something new.
I would actually consider going in on this deal with Kevin.
Kevin?
I would consider that.
'Cause I don't normally -- I'm a lone shark.
I like to do things myself.
But the reason why I would consider
is because I think with my sales and marketing skills,
packaging skills, and I like Kevin,
and his experience with Plated, I find very appealing.
I think it's a good combo
because we get the marketing from Lori.
But I want to work with you on the A round.
Yeah. Look, I'll make it official.
I'll go in with her, same deal.
We'll go 50/50, exactly the terms detailed.
I want to work on funding the next round.
Or do you want to hear what Mark has to say?
Mark's quiet over there. Yeah, Mark's always quiet.
I always want to entertain
what's in front of me, too, so... Yeah.
Want to throw your foot in, please do.
So, I'll match their offer, but at 3% interest.
But I'm gonna suggest that we don't push for the series A.
That's a mistake.
You will never be a Plated if you stay small.
[ Sighs ]
Look, you're already positioned to scale, right? Yes.
This is tough.
You know what?
I would not be a billionaire
if I had just kept on raising money
over and over and over again.
I'm with it. Right?
Yeah. Damn, that's nice to say.
Greiner: We're not gonna have to keep raising. Herjavec: God.
We're gonna be doing so well... It's true.
That's just putting it on the table right there. ...we won't have to keep raising.
"Here you go, homey." Jared, here's how I look at it.
You know, you have three very different people sitting here.
I do. I don't think we're going to have to worry.
Kevin wants to, like, raise more money.
But what I like to do
is I like to get so many sales and do it so fast
and blitz out so fast... Exactly.
So, Lori, you and I should be working together.
...that you're not going to have to do a whole bunch of raising.
She's right. She's actually right on that. Right?
Yeah. You know what, Jared? I'll change my offer.
I'm not gonna do it as a loan.
I'm gonna do it as equity.
I'll offer you $500,000 for 7%.
Did you want me in on it?
Did you make an offer to me earlier? I'll do that deal as equity right now.
Done. Both of you?
Us? Oh, the two of us, you mean?
Would you be willing to go in with Mark as an equity deal,
$500,000, 8%, 4% and 4%, call it a deal?
You make it 10%, I'll split it with her.
If you make it 10%, I'll do that deal.
As equity. Can we go up a little bit in dollars?
You're getting two Sharks. Come on.
Greiner and Cuban: You're getting two Sharks. I know.
And we're gonna increase your sales. Greiner: Come on, baby.
And think about it -- Okay, 10%, deal.
Done. Done.
Done. Boom!
Let's shake that salad.
-Let's shake the salad. -Congratulations.
Thanks, guys. I appreciate everyone's time.
Thank you very much. Good job, Jared, man.
Thanks, guys. Great job.
Herjavec: Good job. Congrats.
Yeah, having two Sharks on board,
we're ready to shake this thing up,
get out there, sell some jars,
change the world one jar at a time.
I want to say, "I wouldn't be a billionaire..."
[ Laughs ]
I mean, that's just, like, there.
You know what? And I like saying it. 00:03:30.836,00:00:00.000 [ Laughs ]
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