Lori Cheek

9 statements across 1 episodes · 2 bullish · 5 bearish · 1 people on the record · first statement Dec 2, 2020 by Lori Cheek · said 2 times in 1 episodes since 2021 · across every show →

On the record as a speaker too: Lori Cheek's record, appearances and statements → this page counts the times other people say the name.

Mentions by year

brought up most by Sean Weisbrot (2)

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2021 2 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Lori Cheek, oldest first

Dec 2, 2020 positive
Assertion Supported
Cheek landed on the New York Times cover by mailing one card.
“I remember I sent a lone cheeked card, one of those cards I invented, and a black padded envelope to one of the editors of the New York Times. Three months later, we're on the cover of the style section of the New York Times, and it said moveovermatch.com. Thi…”
Lori Cheek Dec 2, 2020 ▶ 11:37 The Truth About Patents: 'I Did Everything Right — It Hurt Me'
Dec 2, 2020 negative
Opinion
Cheek argues that securing patents and trademarks ultimately hurt her business.
“I did the trademark, the patent, the copywriting, everything to protect my idea. But in fact, all of that that I did, it went the opposite way. I think it ended up hurting me because this man is trying to get on my patent, which I don't even think is worth any…”
Lori Cheek Dec 2, 2020 ▶ 27:31 The Truth About Patents: 'I Did Everything Right — It Hurt Me'
Dec 2, 2020 positive
Opinion
Cheek says Shark Tank was worth the subsequent multi-million dollar lawsuits.
“If anyone had asked me if I would do this again, going back on that show, even with this one lesson learned, I think the answer is yes, because the result of what happened after that show has been truly amazing.”
Lori Cheek Dec 2, 2020 ▶ 28:29 The Truth About Patents: 'I Did Everything Right — It Hurt Me'
Dec 2, 2020 negative
Assertion Not checkable as stated
A developer error cost Cheek'd $30,000 during its New York Times spike.
“That developer in London had that button ticked off that didn't save everyone's credit card. So we lost every single person's credit card from that push from the New York Times, which based on our average monthly user, that turned out to be about 30,000 dollar…”
Lori Cheek Dec 2, 2020 ▶ 15:23 The Truth About Patents: 'I Did Everything Right — It Hurt Me'
Dec 2, 2020 negative
Disclosure
Cheek regrets giving 30% equity to two partners with identical skill sets.
“Ok, so I gave these two guys 30% equity in my business. Those two guys had the same skill set. Why did I need a clone that I'm just giving 15% equity to both of these people?”
Lori Cheek Dec 2, 2020 ▶ 10:10 The Truth About Patents: 'I Did Everything Right — It Hurt Me'
Dec 2, 2020 negative
Assertion Supported
All five Shark Tank investors rejected Cheek's pitch for Cheek'd.
“I got shot down by all five of them, and I remember standing there thinking, I can't just walk off with this rejection, so I pointed at each of them, and I said, trust you will all see me again, and then I turned around and walked off, but they cut that on the…”
Lori Cheek Dec 2, 2020 ▶ 20:51 The Truth About Patents: 'I Did Everything Right — It Hurt Me'
Dec 2, 2020
Disclosure
Cheek funded the launch of Cheek'd using her personal retirement savings.
“I used my little piggy bank... This money that I'd saved was for retirement, it was for my future, but when I came up with this idea, I thought, you know, I'm gonna invest all this money into me, and this is gonna turn into billions.”
Lori Cheek Dec 2, 2020 ▶ 5:00 The Truth About Patents: 'I Did Everything Right — It Hurt Me'
Dec 2, 2020 neutral
Disclosure
Cheek built an early database using discarded business cards found on streets.
“I'm probably going to get sued for saying this, but I used to pick up business cards off the street in New York city and add them to my database.”
Lori Cheek Dec 2, 2020 ▶ 13:53 The Truth About Patents: 'I Did Everything Right — It Hurt Me'
Dec 2, 2020 negative
Insight
Cheek says in-person encounters prevent the profile masking common on Tinder.
“Well, you know, on Tinder, you can be anybody you want to be, but when you see somebody in person, there's no masking that on a picture because you've already seen them in real life.”
Lori Cheek Dec 2, 2020 ▶ 3:39 The Truth About Patents: 'I Did Everything Right — It Hurt Me'
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