Mark Cuban predicts DAOs will transform companies. Warren Buffett’s Berkshire Hathaway embraced the core ideas behind the latest crypto trend decades ago.

Warren Buffett
Warren Buffett.

• Mark Cuban sees decentralized autonomous organizations, or DAOs, as disruptive.

• DAOs run on blockchains, democratize decisions, and use smart contracts.

• Warren Buffett’s Berkshire Hathaway relies on decentralization and autonomy.

See more stories on Insider’s business page.


The tech billionaire Mark Cuban expects decentralized autonomous organizations, or DAOs, to transform how companies are built and run. Warren Buffett’s Berkshire Hathaway embraced decentralization and autonomy decades ago, paving the way for DAOs.

DAOs are “the ultimate combination of capitalism and progressivism,” Cuban tweeted on Monday.

“There are so many features and processes in any given company that can be more efficient and productive using a decentralized, trustless approach. As companies are built on this approach we will see some incredibly disruptive businesses built,” the “Shark Tank” star, Dallas Mavericks owner, and dogecoin champion added.

Buffett’s company showcases the power of the core ideas that underpin DAOs, and it could even be considered the precursor to this new breed of organization.

What is a DAO?

DAOs are digital organizations that provide a fresh way to fund ventures, democratize decisions, and split proceeds. They’re “decentralized” because they’re hosted on a blockchain and all their stakeholders, not just executives and board members, make decisions. They’re “autonomous” because they employ smart contracts that automatically execute actions when certain conditions are met, without requiring human approval.

Typically, anyone who owns tokens tied to a DAO can vote on proposals, and their votes are weighted based on the number of tokens they hold – similar to the voting rights attached to shares. If a proposal garners enough votes, a smart contract is triggered, and the approved action is executed.

“If blockchains, NFTs, smart contracts, DeFi protocols, and DApps are tools, DAOs are the groups that use them to create new things,” Packy McCormick explained in his Not Boring newsletter earlier this year. “If they’re the what, DAOs are the how.”

McCormick also pointed out that Vitalik Buterin, ethereum’s cofounder, highlighted DAOs as a potential blockchain application in ethereum’s white paper in 2013.

Berkshire is an analog DOA

The core principles underlying DAOs, decentralization and autonomy, are key elements of Berkshire’s corporate structure.

Buffett’s company owns scores of businesses, including Geico, See’s Candies, and BNSF Railway, and it employed 360,000 people at the last count. But only a couple dozen people work at Berkshire’s headquarters in Omaha, Nebraska.

That disconnect is possible because Berkshire has decentralized its operations into dozens of subsidiaries, which are themselves divided into thousands of smaller business units. It also embraces autonomy, leaving its subsidiaries to run themselves with virtually no interference.

“We would rather suffer the visible costs of a few bad decisions than incur the many invisible costs that come from decisions made too slowly – or not at all – because of a stifling bureaucracy,” Buffett explained in his 2009 letter to shareholders.

Lawrence Cunningham, a law professor at George Washington University and the author of multiple books about Buffett, highlighted decentralization and autonomy as two of Berkshire’s core management principles in “Margin of Trust.” He concluded that the company’s trust-based culture allowed them to work.

“Neither decentralization nor autonomy are the primary reasons for Berkshire’s success or durability,” he wrote. “Trust is. Autonomy is a manifestation of trust; decentralization is a consequence of it.”

There are clear differences between Berkshire, a sprawling conglomerate of decentralized, autonomous businesses, and DAOs, blockchain-based constructs that rely on smart contracts to strike virtual deals. For one, trust is critical to Berkshire’s success, while DAOs enable “trustless” processes – at least in Cuban’s view.

But it’s fair to say Buffett’s company is grounded in the approach Cuban sees as key to the beneficial disruption brought by DAOs and could be seen as a forerunner of such organizations.

Read the original article on Business Insider

Mark Cuban predicts DA Os will transform companies. Warren Buffett’s Berkshire Hathaway embraced the core ideas behind the latest crypto trend decades ago.

Warren Buffett
Warren Buffett

• Mark Cuban sees decentralized autonomous organizations (DAO) as disruptive.

• DA Os run on blockchains, democratize decisions, and use smart contracts.

• Warren Buffett’s Berkshire Hathaway relies on decentralization and autonomy.

See more stories on Insider’s business page.


Tech billionaire Mark Cuban expects decentralized autonomous organizations (DAOs) to transform how companies are built and run. Warren Buffett’s Berkshire Hathaway embraced decentralization and autonomy decades ago, arguably paving the way for DAOs.

“It’s the ultimate combination of capitalism and progressivism,” Cuban tweeted about DAOs this week. “There are so many features and processes in any given company that can be more efficient and productive using a decentralized, trustless approach.”

“As companies are built on this approach, we will see some incredibly disruptive businesses built,” the “Shark Tank” star, Dallas Mavericks owner, and dogecoin champion added.

Buffett’s company showcases the power of the ideas that underpin DAOs, and it could even be considered the precursor to this new breed of organization.

What is a DAO?

DAOs are digital organizations that provide a fresh way to fund ventures, democratize decisions, and split proceeds. They’re “decentralized” because they’re hosted on a blockchain and all of their stakeholders, not just executives and board members, make decisions. They’re “autonomous” because they employ smart contracts that automatically execute actions when certain conditions are met, without requiring human approval.

Typically, anyone who owns tokens tied to a DAO can vote on proposals, and their votes are weighted based on the number of tokens they hold – similar to the voting rights attached to shares. If a proposal garners enough votes, a smart contract is triggered and the approved action is executed.

“If blockchains, NFTs, smart contracts, DeFi protocols, and DA pps are tools, DAOs are the groups that use them to create new things,” blogger Pa cky McCormick explained in his Not Boring newsletter earlier this year. “If they’re the what, DAOs are the how.”

McCormick also pointed out that Ethereum’s cofounder, Vitalik Buterin, highlighted DAOs as a potential blockchain application in ethereum’s white paper back in 2013.

Berkshire is an analog DOA

The core principles underlying DAOs, decentralization and autonomy, are key elements of Berkshire’s corporate structure.

Buffett’s company owns scores of businesses including Geico, See’s Candies, and BNSF Railway, and it employed 360,000 people at the last count. Yet only a couple of dozen people work at Berkshire’s Omaha headquarters.

That disconnect is possible because Berkshire has decentralized its operations into dozens of subsidiaries, which are themselves divided into thousands of smaller business units. It also embraces autonomy, leaving its subsidiaries to run themselves with virtually no interference.

“We would rather suffer the visible costs of a few bad decisions than incur the many invisible costs that come from decisions made too slowly – or not at all – because of a stifling bureaucracy,” Buffett explained in his 2009 letter to shareholders.

Lawrence Cunningham, a law professor at George Washington University and the author of multiple books about Buffett, highlighted decentralization and autonomy as two of Berkshire’s core management principles in “Margin of Trust.” However, he concluded that the company’s trust-based culture allowed them to work.

“Neither decentralization nor autonomy are the primary reasons for Berkshire’s success or durability,” he wrote. “Trust is. Autonomy is a manifestation of trust; decentralization is a consequence of it.”

There are clear differences between Berkshire, a sprawling conglomerate of decentralized, autonomous businesses, and DAOs, blockchain-based constructs that rely on smart contracts to strike virtual deals. For one, trust is critical to Berkshire’s success, while DAOs enable “trustless” processes – at least in Cuban’s view.

Yet it’s fair to say Buffett’s company is grounded in the approach Cuban sees as key to the beneficial disruption brought by DAOs, and could be seen as a forerunner of such organizations.

Read the original article on Business Insider

I’m the founder of a zero-waste toothpaste company that was featured on Shark Tank. Here’s what my day is like managing a team of 9 remote employees.

Bite founder and CEO Lindsay McCormick.
Bite founder and CEO Lindsay McCormick.

  • Lindsay McCormick is the founder and CEO of Bite, a sustainable toothpaste tablet company.
  • Since a video of her product went viral on Facebook, McCormick says her business has taken off.
  • Here’s what a day in her life looks like working from home and managing nine employees.
  • See more stories on Insider’s business page.

No matter when I go to bed, I try to get up around 7:30 a.m. We have a lot of late nights (hello, startup life) but I feel like waking up around the same time helps me perform my best, even if it means a little less sleep.

Every morning, I scan my texts and emails in bed to make sure there are no emergencies before starting my morning routine. I spend a few minutes in bed cuddling with my rescue pup, Nemo, before I get up to brush my teeth.

My company, Bite, makes toothpaste tablets, so a lot of the time I’ll be trying out a new flavor we’re working on. I keep a notebook by the sink so I can jot down thoughts and changes I’d like to make while I brush.

I try to meditate for about 30 minutes and spend another 30 minutes either reading and drinking tea or going on a run and listening to an audiobook before digging into emails at 9 a.m.

My boyfriend Asher and I run the company out of our apartment in Marina del Rey, California, where we converted two of the bedrooms into office spaces and one room into a content studio.

Since we’re right on the ocean, I love being able to go for a walk on the beach when I take calls or need to clear my head.

Once the team logs in around 10 a.m., we’re fully locked in and it’s nonstop work until 7 p.m..

We have a small team of just nine employees, so there’s a lot to get done every single day.

Asher and I touch base around 8 p.m. to recap our work day and tackle whatever tasks we need to work on together. Around 9:30 p.m., I usually go on a run (I love running on the beach at night) or I’ll read or watch TV until going to bed around 11pm.

We have a tableting machine in the middle of our office, and I still use it to test out our seasonal flavors and new products. Our tablets are now made in an outside facility here in Los Angeles, but I created our toothpaste and mouthwash formulas (with the sign-off from some dentists and chemists that we work with) and still do our development in-house, so at any time there are various scents and oils wafting around the apartment.

I started Bite in 2017 in order to create a sustainable toothpaste product.

Bite toothpaste products.
Bite toothpaste products.

After learning about the harsh chemicals that are in a lot of commercial toothpaste and the millions of toothpaste tubes that end up in our landfills and oceans every year, I wanted to make a difference. I’ve always been passionate about conservation and the environment, so I started taking online chemistry classes and reaching out to every dentist and dental hygienist I knew to get their advice.

The idea was that the toothpaste tablets would come in a glass jar that could be kept and refilled – that way there would be no plastic toothpaste tubes and none of the harsh preservatives needed to keep bacteria growing in the wet paste.

While working full-time as a TV producer, I started making the toothpaste tablets on a hand-press tableting machine at night.

I labeled and filled the glass bottles in our living room, then I’d pack up every order and drop them off on my way to work in the morning.

That all changed overnight in 2018 when a video about our product went viral on Facebook, and our sales skyrocketed.

Both my boyfriend and I left our jobs to work on Bite full time. We launched new products like a bamboo toothbrush and mouthwash tablets, and quickly grew to an 8-figure business.

We’re bootstrapped, so instead of raising money through traditional investors, our business is powered by our customers and their support. I spend 30 minutes to an hour each day connecting with our community, often on social media through comments or DMs, and sometimes on the phone.

Being on Shark Tank in February 2020 was a wild experience.

The morning of our shoot, we had an issue pop up with our manufacturer and were literally on the phone up until it was time for us to walk on the stage – running a business never stops! We had spent a ton of time preparing beforehand but even still, I was floored by how well it went. I was so nervous, you can see my hands shaking during our pitch, but the Sharks were extremely kind and receptive to our business and growth which was amazing.

We received two offers, one from Mark Cuban and one from Kevin O’Leary, but we didn’t end up taking either. I think anyone who has their own business should run through the thought process of what they would say if they went on Shark Tank; it’s a great way to practice your elevator pitch and showcase your business strategy from the inside out.

We were fortunate to not feel the brunt of the pandemic as our team has always been small and operating from home.

Lindsay McCormick in the early days of developing Bite toothpaste. Early days   In Lab (1)
McCormick in the early days of developing Bite toothpaste.

We’re also made in the US, right up the street from “HQ” (our living room) so our supply chain wasn’t impacted. And because so many people were buying online and thinking about their health and the planet, we were exposed to new customers and were able to grow.

We also started new projects to keep our spirits up with the team, including making hand sanitizer to donate to organizations here in Los Angeles on Skidrow. We channeled our formulation background into tracking down the supplies and began manufacturing in-house, strictly to donate. It really helped us bond as a team and to focus outside of ourselves when the world felt upended. It’s been a wild ride, but every challenge has helped us grow and improve.

My advice for fellow entrepreneurs is to get used to the feeling of being on unsteady ground.

It never goes away, so you might as well embrace it from the start. What I’ve learned about business so far is to be successful, you need to look for the opportunities that others don’t see and that usually means you’re one of the only ones on that path. Get comfortable with feeling uncomfortable and know we’re all figuring it out as we go along.

Lindsay McCormick is the founder and CEO of Bite, the all-natural, zero-waste, and cruelty-free toothpaste tablets and accessories on a mission to become the world’s most sustainable personal care company.

Read the original article on Business Insider

‘Shark Tank’ star Kevin O’Leary says decentralized finance could be the future – and plans to launch a DeFi investing company

kevin oleary shark tank
Kevin O’Leary.

Kevin O’Leary revealed on Anthony Pompliano’s podcast that he’s a major shareholder of a new decentralized-finance (DeFi) company, which aims to help investors profit from DeFi. The “Shark Tank” star and O’Leary Funds boss also predicted DeFi will play a key role in crypto’s future, and said he’s deeply interested in the space.

“What interests me the most right now is DeFi. I think it’s where the puck is going,” O’Leary said.

O’Leary said that DeFi enables him to wrap up crypto assets into Ethereum chains to make a profit, whereas storing capital in crypto investments does not allow that.

“There must be millions of people who have a little bit of coin who want to make some 4%, 5%, 6% on it,” was the thought that led him to ask his team to find experts on the matter, which they did in the Canadian startup DeFi Ventures.

The company is working to find a commercial solution to DeFi investing, enabling anyone who has a wallet to wrap their assets and utilise DeFi’s benefits automatically and in a compliant way.

O’Leary said he led a $20 million fundraising round for the company, which has yet to go live. “I am going to rename it to WonderFi because it is going to be my vehicle and I think it’s just the beginning of some great things to come,” said the investor, whose nickname is Mr. Wonderful.

The investor also said that bitcoin’s recent volatility has boosted his DeFi investments and driven up profits. “We’ve had tremendous volatility on bitcoin these last ten days. That actually enhances DeFi, it makes it better. I’m making way more on my contracts now,” he continued.

Higher returns are also making him consider shifting his asset allocation. While he currently still holds 5% gold and 3% crypto, this might change as gold does not provide him with returns, O’Leary said.

Talking about his start in the crypto industry, O’Leary spoke about the ESG concerns linked to cryptocurrencies and how they were raised by many of his institutional and sovereign fund clients. However, that didn’t deter him from going long on bitcoin, he said on the podcast.

At CoinDesk’s Consensus conference on Monday, O’Leary said that bitcoin needs to become more sustainable to attract institutional investors, and a more environmentally friendly way of mining the cryptocurrency could see its value rise as high as $200,000.

Read the original article on Business Insider

Billionaire investor Chris Sacca says he owns bitcoin and ether – and suggests crypto’s environmental costs will fuel clean-energy solutions

chris sacca
Chris Sacca.

  • Chris Sacca owns bitcoin, ethereum, and several other cryptocurrencies.
  • Lowercase Capital’s billionaire founder flagged crypto’s energy usage as a problem.
  • Sacca suggested the issue could drive innovation in renewable energy.
  • See more stories on Insider’s business page.

Billionaire investor Chris Sacca owns a bunch of cryptocurrencies including bitcoin and ether, and sees their environmental costs as a problem that could spark creative solutions.

“I own a broad basket ranging from early BTC/ETH to shitcoin lottery tickets,” he tweeted on Saturday. “The climate impact bums me out,” he continued. “But that is the market impetus for a lot of clean energy innovation.”

Sacca, the founder of Lowercase Capital, was an early investor in Uber, Twitter, and Instagram. He shifted his focus from venture capital to tackling the climate crisis, voter suppression, and other issues in early 2017.

The billionaire’s latest comments were prompted by Mark Cuban, his former “Shark Tank” colleague and a champion of dogecoin, tweeting that he always asks himself what coins can be used for.

Sacca was an early investor in bitcoin, and has been bullish on its prospects for years. “Bought bitcoin at $800,” he said in March 2014. The cryptocurrency now trades north of $40,000.

He predicted it would become “institutionally mainstream” in 2017. However, he described it as an “environmental disaster” in 2013 and again in 2017.

The surging energy costs of bitcoin mining are a hot-button issue in the crypto space. Tesla CEO Elon Musk reignited the debate last week when he said his electric-car company would no longer accept bitcoin for vehicle purchases, citing environmental reasons.

“I strongly believe in crypto, but it can’t drive a massive increase in fossil fuel use, especially coal,” he said.

Read the original article on Business Insider

Shark Tank star Kevin O’Leary once called bitcoin ‘garbage’, but said the cryptocurrency now makes up 3% of his portfolio

kevin o'leary
  • Shark Tank investor Kevin O’Leary said he has allocated 3% of his portfolio to bitcoin, which he once considered “garbage”.
  • O’Leary said in an interview with Yahoo Finance he’s working on organizing a “council of sustainability” to include corporations and governments that are mining bitcoin responsibly.
  • O’Leary bought bitcoin as Canada and other countries have eased restrictions on institutional buying of the cryptocurrency.
  • See more stories on Insider’s business page.

“Shark Tank” investor Kevin O’Leary has allocated 3% of his portfolio to bitcoin and is aiming to bolster sustainability in mining for the world’s largest cryptocurrency.

O’Leary told Yahoo Finance Live in an interview that aired Wednesday that he made the allocation after Canada, where he’s from, and other countries eased restrictions on institutional purchases of bitcoin. Regulators in Canada so far this year have approved the launch of four cryptocurrency exchange-traded funds.

The chairman of O’Shares ETFs, who called bitcoin “garbage” in a May 2019 interview on CNBC, said in March that he would be adding bitcoin to his portfolio partly because he thought of it as a hedge against inflation. He told Yahoo Finance Live that after his announcement he received numerous calls from institutional investors asking if he knew where the coins originated. He warned that “there’s a big problem brewing” in the crypto industry how and where coins are mined.

He said he’s working to make sure every coin he owns is compliant.

“I know the provenance of where my wallet coins were mined now, and that means I’ve had to take equity positions in miners. I’ve had to start investing in them with the covenants in place that I would like to be paid back in a royalty of a clean coin,” O’Leary said.

He also said he’s working on organizing a “council of sustainability” to include corporations and governments that are mining coins responsibly.

Bitcoin is a target of criticism in part because its digital mining process requires a significant amount of energy. Research from Cambridge University shows it uses more energy each year than Sweden and Argentina.

Read the original article on Business Insider

Mark Cuban is betting $1 million that Amazon and Netflix will best the S&P 500 over 10 years – and another $1 million on crypto to do the same

Mark Cuban
Mark Cuban.

  • Mark Cuban is betting $1 million that Netflix and Amazon will outperform the S&P 500.
  • He’s also wagering $1 million that bitcoin or ether will beat the index over 10 years.
  • Warren Buffett bet on the benchmark to beat hedge funds over a decade and won.
  • See more stories on Insider’s business page.

The billionaire Mark Cuban is so confident that his two favorite stocks and the top cryptocurrencies will outperform the S&P 500 index over the next decade that he’s willing to bet $2 million on that outcome.

The “Shark Tank” investor and Dallas Mavericks owner agreed to a pair of wagers with Peter Mallouk, the CEO of Creative Planning, a wealth-management firm.

Cuban tweeted on Thursday that he would stake $1 million on a 50-50 split of Netflix and Amazon stock beating the benchmark over the next 10 years. He said he’d bet another $1 million on Mallouk’s choice of either bitcoin or ether doing the same. Mallouk would bet on the S&P 500 in both cases.

The men agreed to make the two bets after butting heads over the value of a diversified portfolio and the long-term viability of cryptocurrencies. The argument was sparked by Mallouk criticizing Cuban’s promotion of Dogecoin, predicting that 99% of cryptocurrencies would end up worthless, and touting stocks as superior to crypto.

“If you buy a hundred stocks, odds are most go up,” Mallouk tweeted on Wednesday. “If you buy a hundred cryptocurrencies, most will go to zero. Big difference.”

“Only a fool would buy 100 stocks or 100 crypto assets,” Cuban replied.

To settle their dispute, Cuban and Mallouk agreed to convert $4 million into crypto, set up smart contracts that would automatically pay the victors in 10 years, and donate the proceeds to charity.

Their bet echoes a famous wager between the billionaire investor Warren Buffett and the hedge-fund manager Ted Seides in 2007. Buffett staked $1 million on the S&P 500 besting a basket of hedge funds over a decade and won.

Read more: Jefferies unveils 14 stocks with exposure to the booming NFT opportunity as digital collectibles continue to become more mainstream despite the recent price slump

Read the original article on Business Insider

Billionaire Mark Cuban highlights rampant speculation in crypto – but says that’s always the case with transformative technologies

Mark Cuban
Mark Cuban.

  • Mark Cuban acknowledged there’s rampant speculation in cryptocurrencies.
  • The billionaire investor said revolutionary technologies often generate hype.
  • Cuban defended the boom by pointing to the growing number of uses for crypto.
  • See more stories on Insider’s business page.

Mark Cuban recognizes lots of people are buying cryptocurrencies, not because they view them as fundamentally valuable, but because they expect others to buy them and drive their prices higher.

“Yes there is massive speculation,” the billionaire “Shark Tank” investor and Dallas Mavericks owner tweeted on Wednesday. However, he argued plenty of transformative technologies sparked feverish excitement as they took off.

“Every single one of the technologies has been dismissed by legacy institutions,” he continued. “Until they weren’t.”

Cuban made those comments in a Twitter thread defending crypto as a revolutionary innovation. He was responding to criticism that his aggressive promotion of dogecoin, a “meme coin” that was created as a joke, would result in buyers losing a bunch of money.

The technology entrepreneur – who became a billionaire by selling his internet-radio startup, Broadcast.com, to Yahoo in 1999 – has been one of dogecoin’s biggest promoters. He went on “The Ellen DeGeneres Show” this week to reiterate his view that the coin is a fun way to learn about crypto, and a better bet than a lottery ticket.

Cuban also highlighted the growing number of uses for crypto in his thread. He suggested non-fungible tokens (NFTs) for digital collectibles, smart contracts, and decentralized finance (DeFi) could fuel demand for digital currencies and underpin their prices in the future.

“If you look at crypto assets whether eth, doge, btc, mkr etc and only see something intangible for people to trade, you haven’t really looked,” he said, referring to ether, dogecoin, bitcoin, and dai. “If you see smart contracts and programming languages and think of new ways to disrupt industries then I’m saying there’s a chance.”

Unsurprisingly, dogecoin has its fair share of critics. Michael Burry of “The Big Short” fame dismissed it as a “doge’s breakfast” and one of several market bubbles, while billionaire investor and bitcoin bull Mike Novogratz warned against buying it and described it as a “dog.”

Read the original article on Business Insider

10 useful and innovative ‘Shark Tank’ cleaning products – from phone-sanitizing devices to reusable bamboo paper towels

If you buy through our links, we may earn money from affiliate partners. Learn more.

shark tank cleaning products 10
The WISPsystem One-Handed Broom, $29.95, is much more ergonomic than traditional brooms.

  • Shark Tank” features entrepreneurial solutions to problems, from back pain to “showering.”
  • Entrepreneurs have pitched the sharks many products to help you clean your house.
  • These 10 cleaning products from “Shark Tank” will make your chores easier.

Shopping for your home is hard enough, but cleaning it is arguably more difficult. This chore is never discussed with much excitement, probably because most people don’t enjoy cleaning.

If you watch “Shark Tank,” however, there have been a number of product pitches that could convince you otherwise and motivate you to clean your room and belongings more often.

Some address the pain of washing your dishes and water bottles and will save your arms from intense scrubbing sessions. Others are safe, eco-friendly alternatives to traditional cleaning products. You’ll also see ways to include your pets and tech devices in the cleaning party.

Here are 10 products from “Shark Tank” that will help you keep your entire house clean.

The original ‘Shark Tank’ wunderkind

shark tank cleaning products 3

Original Scrub Daddy (2-count)

The biggest success from the show is, without a doubt, the Scrub Daddy. It’s also the top pick in our cleaning sponge buying guide

So what makes this smiley scrubber so renowned? The foam adjusts to the temperature (firm in cold water, soft in warm water) so you can switch between tough scrubbing and light cleaning, and it won’t scratch even delicate surfaces like glass, ceramic, and leather. You can use them anywhere, not just for dishes.

Sponge (2-Pack) (button)
An eco-friendly cleaning system

Blueland Clean Essentials

Blueland Clean Essentials Kit, $39

Many folks are moving from away from disposable products and towards more reusable options. New startup Blueland is giving you both a cleaner home and a cleaner planet through a clever and cost-efficient system that involves dissolvable cleaning tablets and reusable bottles. During an appearance on “Shark Tank,” Blueland successfully convinced investors how and why its non-toxic cleaning tablets and sustainable packaging would change the way people clean — and after trying it ourselves, we’re converts, too. 

Read our full review of Blueland here

Clean Essentials Kit (button)
A device that sanitizes your phone

shark tank cleaning products 8

PhoneSoap 3.0 UV Sanitizer and Universal Phone Charger

In just 10 minutes, PhoneSoap kills 99.9% of the bacteria lurking on the device you bring with you everywhere. Its UV-C light technology breaks down this bacteria and reaches every inch of your phone, plus it includes a charger so you can clean and charge at the same time. We saw the newest model — PhoneSoap 3.0 — at CES this year and it even lets you charge two devices at the same time. 

Read our review of the PhoneSoap here

3 Smartphone UV Sanitizer (button)
Reusable bamboo “paper” towels

shark tank cleaning products 2

Bambooee Bamboo Paper Towel Roll

These durable, absorbent towels are an eco-friendly paper towel alternative made of organic bamboo. Each sheet looks and feels like a regular paper towel, but can be washed up to 100 times. Each roll of 30 Bambooee sheets is equivalent to 429 paper towel rolls.

Read our review of the bamboo towels here

Paper Towel Replacement (30-Sheet Roll) (button)
A more effective splatter guard

frywall splatter guard 3

Frywall Medium Splatter Guard

While traditional splatter screens cover the pan and make it difficult to check on your food and resulting in condensation, the funnel-like Frywall surrounds the perimeter of the pan. The BPA-free silicone accessory still protects from oil splatters, while allowing you to continue cooking.

Read our review of the Frywall here

Splatter Guard (button)
A self-cleaning pad for your dog to relieve itself

shark tank cleaning products

BrilliantPad Self-Cleaning & Automatic Indoor Dog Potty + 1 Roll

The world’s first self-cleaning dog potty, best for dogs under 25 pounds, takes care of a dirty and frequent chore. You can adjust the timer to automatically change a dirty pad one, two, or three times a day, or manually change it with a push of a button. The machine will wrap and seal the waste, keeping your home clean and odor-free.

Self-Cleaning Automatic Potty Pad Machine (button)
A thorough detail brush that doesn’t make a mess

shark tank cleaning products 6

Brush Hero Wheel Brush Starter Set

From your car wheels to patio furniture to BBQ grills, the Brush Hero detail brush can clean all the hard-to-reach areas. With its steady torque and powerful scrub, it’s more reliable and less messy than screwing a brush onto a power drill. The set comes with one soft and one stiff brush head. 

Read our review of the Brush Hero here

Wheel Brush (button)
An ergonomic broom

wisp broom

WISPsystem One-Handed Broom

Sweeping is a pain, especially when you realize traditional broom and dustpans don’t even catch all the dirt and debris on the floor. This special broom has electrostatic bristles to collect all types of debris and uses a push-and-pull motion to scrape it into a foot-operated dustpan. You only need to use one hand to operate it, plus you never have to bend or stoop over.

One-Handed Broom with Dustpan (button)
Tablets to clean the inside of your water bottle

shark tank cleaning products 7

Bottle Bright Cleaning Tablets (12-count)

We’re big advocates of using reusable water bottles and thermoses, but they’re not always easy to clean. To clean out your bottle properly — that means all the gunk hiding in the nooks and crannies, not to mention odor buildup — fill it with warm water and drop in one Bottle Bright tablet. After 15-30 minutes, the tablet dissolves and wipes out stains, germs, and residue so your bottle is squeaky clean again.

Cleaning Tablets (12-count) (button)
Natural household cleaners

shark tank cleaning products 4

Better Life Natural All-Purpose Cleaner (2-Pack)

For a “Better Life” free of warning labels and harmful chemicals, shop this natural cleaning brand. Its products are so safe that you can spray them in your mouth — which is exactly what the cofounder did during his pitch. They’re free from dyes, alcohol, synthetic fragrances, sulfates, and petroleum-based cleaning agents.

Natural All-Purpose Cleaner (button)

Read the original article on Business Insider

‘Shark Tank’ investor Kevin O’Leary trumpeted GameStop, slammed celebrity SPACs, and warned of a painful market correction in a recent interview. Here are the 18 best quotes.

kevin o'leary
Kevin O’Leary.

  • Kevin O’Leary touted GameStop, Robinhood, and NFTs in an interview this week.
  • The “Shark Tank” investor warned about airlines, leverage, and celebrity SPACs.
  • O’Leary also blasted prospective tax hikes and took aim at China.
  • See more stories on Insider’s business page.

“Shark Tank” investor Kevin O’Leary suggested GameStop could execute a Netflix-style comeback, predicted several US airlines will go bankrupt over the next two years, and warned of a brutal market correction in an interview this week.

The O’Leary Funds and O’Leary Ventures boss – whose nickname is Mr. Wonderful – also slammed celebrity SPACs, praised Robinhood, and trumpeted NFTs during the conversation with influencer Kevin Paffrath on his YouTube channel, Meet Kevin.

O’Leary also criticized the Biden administration’s plan to hike corporate taxes, and called for the US to take a tougher stance towards China.

Here are O’Leary’s best quotes from the interview, lightly edited and condensed for clarity:

1. “I’m waiting. So far there’s been no correction, but I’ve lived through lots of volatility and I know, just when it seems to be safe, poo poo happens.” – discussing the prospect of a market crash.

2. “GameStop’s brand has way more value today than it had five months ago, before it became part of every headline around the world, day after day. Netflix saw the writing on the wall when they were mailing DVDs to everybody and said, ‘We’re going to digitize this,’ and they had a brand. Maybe GameStop can do the same thing.”

3. “If I was short GameStop stock right now, I’d be worried. I think it’s going to get a second kick at life. This whole social constituency supporting it – the pricing of the stock is kind of irrelevant at this point.”

4. “It’s hilarious if you look at the volatility of Amazon over the last 20 years. You would have never owned it as it’s so volatile, but in the long run it’s created a trillion dollars’ worth of value for shareholders. Same thing is going to happen to these stocks that are going to provide digitization.” – underscoring the growth prospects of Zoom, Shopify, and other stocks that enable remote activities.

5. “It’s not good news for the airlines because even though they’re coming back, it’s all basically vacation tickets. Everybody’s going to Disneyland in a big tube. That’s a very crappy business, they won’t make any money. Over the next two years, probably a couple of them have to go bankrupt.” – underscoring the challenges for airlines if business travel permanently falls by 15% or 20%.

6. “Frankly I’m not a big fan of SPACs. I do have about 20 SPACs in my portfolio right now, but only from operators that I know. A SPAC is no different than private equity, and so I need to know the team that’s backing the SPAC has done deals before, knows how to buy at the right multiple, and knows how to operate. I’m against the idea that some celebrity knows what they’re doing in private equity, it’s a joke. I avoid those like the plague, I think those are going to go to zero.”

7. “I’m a big fan of Robinhood because even though it’s got a lot of criticism, it helps 22 million people learn about stocks. I’m a big believer in learning the ways of the stock market.”

8. “When you get into these complex straddles and collars and all of this stuff with leverage, sometimes you wake up with a hangover after going out to a party, and you forget the position you have on and you just blow yourself up. You’ve got to be careful.”

9. “I’m beyond sanctions, I want to take them right out of the financial system in North America.” – calling for the US to adopt a tougher stance towards China in order to level the playing field.

10. “Elon Musk is a maverick who doesn’t play by the rules, but he’s actually a good example of how this relationship should work. If American companies want to go to China, they shouldn’t have to give up control of their intellectual property to do that.”

11. “If you believe that burning up huge amounts of coal is detrimental and I do, you should stop buying bitcoin from the Chinese. Over time, as institutions start to really get involved in crypto, you’ll have the discounted blood coin from China and you’ll have the premium virgin coin with provenance – no different than blood diamonds.”

12. “NFTs are a derivative of the digital economy. There’s merit, but as a new asset class it’s going to be immensely volatile. The idea that you have something that’s copyrighted in perpetuity and can’t be forged is really interesting and a good idea. At the end of the day they will find their place.”

13. “You’re pouring free money out of the sky from a helicopter into anywhere you can stuff it. But then you’re raising taxes so you’re taking it back right away, before it has a chance to have any effect whatsoever. You can’t suck and blow at the same time, it doesn’t make any sense.” – criticizing the Biden administration’s plan to follow up its stimulus efforts by raising corporate taxes.

14. “The idea that Yellen can run around the world asking for a standard minimum corporate tax is a joke that’s never going to happen.”

15. “I covet downside protection much more than outperformance. I don’t care about beating the indexes at all. I don’t need more money, I need to keep what I’ve got.”

16. “Buying the dip is more rock and roll, but what invariably happens is you go through a massive correction and you learn a very important lesson. The generation that is trading right now has never gone through a sustained correction. It’s coming – I don’t know when, I don’t know what’ll trigger it, but they will learn their lesson. If you have a lot of leverage on, it’s a hell of a lesson because you end up in a negative net-worth position. But you do learn from it.”

17. “Take 10% of your paycheck, put it away, and do not touch it except in emergencies. When you take money and burn it on a vacation, or buy some useless piece of crap you’re never going to use – which many people are guilty of including me – you’ve killed off your future. That money’s not working for you anymore. Do you really need another pair of jeans, another pair of shoes? Just look at your closet of all the crap you don’t wear, that’s all money you wasted.”

18. “If you walk around with an Apple Watch on, that thing is a piece of consumer-electronic junk. I own Apple stock, but I would never be seen dead with an Apple Watch. Not a chance in hell.” – voicing his preference for wearing traditional watches and supporting conventional watchmakers.

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