Larq Has The Highest Valuation Ever On Shark Tank! | Shark Tank US | Shark Tank Global

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Published 2022-08-18
Justin Wang is seeking $500,000 for 1% of his company Larq, which sells self-cleaning water bottles that use UV light to purify water.

From Season 12 Episode 21

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Larq Has The Highest Valuation Ever On Shark Tank! | Shark Tank US | Shark Tank Global
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All Comments (21)
  • I really appreciate his confidence after missing the bin two times in a row.
  • He missed the basket twice, got laughed at, could barely pour water his hands shaking so much, and he kept it together to negotiate a close on a super aggressive offer! Big brain move! He definitely fudged the valuation to get it where it landed, all planned out before walking into the tank! Bravo!
  • His response to Daymond John going out was the most professional comeback I've seen. I love that guy
  • @r0llyTube
    First time I ever saw someone finesse the sharks like that. He walked in the room offering 1% and they all laughed at him. He walked out with $1mil of their money and still owns 96% of his company, well done.
  • @tonyxiong4913
    Justin knew exactly what he was doing. Gave the sharks the lowest value to work with and gave up 4% only. Well played.
  • @mandlas.4305
    This guy is very smart. They laugh at him with that over the top evaluation but he almost got exactly what he wanted.
  • He made every percentage point look so valuable, didnt lower the valuation, and kept the trust with it, best strategy is to maintain the trust, no discounts just little room for back and fort. I really think he set the bottom line for 2% for each 500k
  • @codingvio7383
    Bro is actually a hidden genius. Left with exactly what he wanted. Make the first offer absurd, but then get a good offer from the sharks.
  • I like how he looked them and continue his presentation after all the sharks laughed at his valuation.
  • 4:35 look at him shaking when pouring that. He was so nervous but yet he stayed calm and achieved what he wanted. Smart man!
  • This has got to be one of the smartest guys they have had one the show. He really understands deal structure and his product is awesome!
  • @TheMattJacks
    Guy was a great negotiator. He did his homework on the Sharks, and I think he ended up with the right 2.
  • @Lalalalalelo
    This guy is smart and knows investing, numbers, and negotiates like a pro. His company is gonna have a bright future
  • @Kate-ui4tf
    Barbara: I love your product. I think you're fantastic, your business is phenomenal, and your valuation is perfect. I've been waiting for years for someone like you to come into the tank; in fact, I dare say you are the single greatest entrepreneur we've ever seen, with the greatest business we've ever seen. This product will change hundreds of millions of lives for the better, and generate hundreds of billions in revenue. I think you're beautiful, and I love you. For those reasons, I'm out.
  • @anonymoussy12
    Great business man. Came prepared and didnt overhype his numbers. Great negotiator, was humble and secured it. Great pitch
  • @murc111
    I've had this pitcher for roughly 4 months, it is great. I don't like Brita water, so I've been using plastic bottles for years, at least a case a week. I still but plastic bottles for when the pitcher runs out, but I buy waaay fewer of them. The Larq pitcher has the best tasting water, hands down.
  • If this thing not only cleans the water but also purifies harmful water, that’s amazing.
  • @BrockNelson
    Barbara: When I was a little girl we had to boil our water to cleanse it and I think you’re looking for shortcuts. Let me tell you something my friend, there is the right way to do things and then there’s the easy way to do things. I think this product shows that you are a slacker and for those reasons I’m out.
  • @rockinggal
    I have three of these bottles and very happy using them since 2020. No more plastic bottles wasted. Great for the environment.