The FIRST Million Dollar Offer in Shark Tank history!

Lifebelt – Robert Allison

Business: A car safety device that prevents a vehicle from starting without the seatbelt fastened.

Ask: $500,000 for 10% equity (valuation was contentious).

On-Air Deal: No deal – the founder walked away after disagreements (Kevin O’Leary had floated an offer contingent on royalties which fell apart).

[MegaJay]

He turned it down because he was offered a shit deal for a patent that is worth he left and proved it. Mass respect for backing yourself 💯

[Yooyop]

When you got sharks asking for 100% of your company and specifically telling you to your face on live tv, to never call you again. You got a great one.

[davidmitchell]

The "I don't want you to ever call me again" and "I want to separate you from the patent" seem extremely disrespectful

[vrblnslt]

The arrogant ".. and I dont want you to call me ever again" gets you a guaranteed no 😂

[AronHallan]

The tv exposure alone is worth more than what they were offering. Glad he trusted in what he had.

[DONTCALLMETHAT]

If rich people are willing to buy something from you, it's much more valuable than you know. Smart man for walking away

[selvmade_]

He doubted himself when coming to shark tank. After hearing the offers, he has the confidence to go outside and make it...

[WONDERBOY_KXY]

Bro every single car should have this right now it could save lives

[imhappyusher]

He did that sht to prevent other people from experiencing his loss. They disrespected him for that

[RobBln]

If someone said to me "I will give you money, but I don't want you to call me ever again", I would feel like a hoe 😂

[jameshaydn]

He was the right guy, they just couldn't fool him into a shit deal 😂😂

[ShogunJorochi]

They want to resell the patent to major companies for profit so he did the right thing and took that step himself. Got way more...Good for him

[riccardodellorto]

He created an hardware solution to something that can be made with a line of code in a modern car 😭

[Fantasy]

The guy sure is confident in his product!! Im glad he did the right thing

[isaiahholt]

“Great idea wrong guy” no great idea and smart guy in a room full of stubborn rich snobs

[CStrikr]

If he came up with the idea then he's the right guy

[sussybaka]

But look at his eyes, tells so much of pain 💔

[samishiekh]

The fact that the device was never made available tells us something about the auto mafia

[sneakycreakin]

"I dont want you to call me and complain when you realize this was worth way more than im offering"

[raymondjhaugenjr]

Good for him, they were trying to steal his patent