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A comment on Newton inventor claims ‘Shark Tank’ is all a lie. Parent comment

Re:Newton inventor claims ‘Shark Tank’ is all a lie by helthanatos on Friday September 16, 2016 @12:52PM (#12515352)
It sounds to me that he is lying... A lot. He accepted a settlement and now is suing again because that wasn't enough? He doesn't want people to think his item is niche and expensive... But it is. He raised the price from something already expensive to "I think I'll just carry around a tent". When you improve something, normally you improve defects and make it better, so it should cost around the same price. Why double the price for something a little better? This guy seems to not know how to run a company at all.
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Re:Newton inventor claims ‘Shark Tank’ is all a lie by canttestthis on Friday September 16, 2016 @01:12PM (#12515535)
I don't agree with that at all. It's up to him to set the price for his improved product, whether it's 10% more or 100% or 1000%. It's unfair though when an old version of his product is presented at an old price point using present tense verbs on TV. Of course viewers are going to think it's a bait and switch when they try to buy it. It harms his business.
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Re:Newton inventor claims ‘Shark Tank’ is all a lie by notahacker on Friday September 16, 2016 @06:11PM (#12517752)
Does Shark Tank not follow the example of the UK show Dragon's Den that inspired it in discussing costs of manufacture and wholesale prices? Can't see how anyone can reasonably consider it a "bait and switch" if, after watching a programme in which someone has discussed making a product for $5, selling it wholesale for $15 and expecting it to retail at $30, they then find a different price again for the current version. Getting more revenue out of consumers is literally the point of a show about entrepreneurship.
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Re:Newton inventor claims ‘Shark Tank’ is all a lie by helthanatos on Friday September 16, 2016 @01:18PM (#12515584)
If his product improved enough to price it so much greater, he should have versioned his product. If his "improvements" were just a farce and he just wanted to increase the price, then it is a bait and switch. Either way, this boils down to him being bad at business. But with reruns, they should include a disclaimer that says the original date and that prices may have changed.
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Re:Newton inventor claims ‘Shark Tank’ is all a lie by canttestthis on Friday September 16, 2016 @01:24PM (#12515637)
No, he shouldn't be forced to version his product. Being taken advantage of by a large media house != being bad at business.
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Re:Newton inventor claims ‘Shark Tank’ is all a lie by helthanatos on Friday September 16, 2016 @02:20PM (#12516080)
He changed his product. That was his choice. It was also his choice to appear on Shark Tank. Two times.
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Re:Newton inventor claims ‘Shark Tank’ is all a lie by Jtsummers on Friday September 16, 2016 @03:37PM (#12516680)
So if someone runs across an old Craftsman add for a $2.00 philips head screwdriver that's $5.00 today, even though it hasn't changed (if anything it's probably cheaper to produce), they're dishonest?
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