Shark Tank Episodes
WHAT IS THE PRODUCT?
(DESCRIBE)
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WHAT ARE THEY ASKING FOR? ($)
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WHAT DO THE SHARKS GET? (%)
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DID ANYONE WANT IT? WHY/WHY NOT? (WHO/HOW MUCH $/%?)
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WAS A DEAL MADE?
Explain……
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Ray and alvin are owners of Soapsox which is a toy that basically has a pocket to hold soap which makes bathing easier and funner.
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They are asking 26
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for 10 % of the company.
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Daymond and he offered 260 k for 33%.While the rest all were out for the product did not seem to be worth the investment.
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They tried to counter attack 35 k for 15% but was denied Lori and Robert offered to buy the product but failed so in the end their was no deal.
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Heart Pup's is basically a pet carrier that provides more safety for your pet.
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They are asking 25 k
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for 10 % of their company.
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Mark, Kevin Lori and Robert considered the product not so unique and also some just can help the heart pup's out. On the other hand Daymond made an offer of 50 k for 40% equity.
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Anastasia accepted Daymond offer of 50 k for 40%.
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NinjaKards are basically cards that can be used in a different series of ways to play games.
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They are asking 60 k for
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30% of their company.
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Many of the sharks got out for the product wasn't really that good. also this company owners didn't seem much of a motivational to convince the sharks their were up to it.
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All the sharks got out, so in the end their was no deal for NinjaKards.
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drumpants is a sensors that provides the efficiency in playing music, using apps or using the using the internet.
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they are asking 150 k
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for just 5% of their company.
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Lori, kevin and Mark saw that it will take a while before they get the money they invested in so they all dropped out. While Robert made an offer of 150 k for 20%, and Daymond 250 k for only 20%.
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Drumpants tried to countered attack Daymond for 150 k for 15% but said no. In the end they were denied for Daymond saw they took to long to respond.
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Provide the above information in your blog, in written form. Then add in your opinion of each product: 1) Whether you like it or not, 2) Whether you agree with the outcome and why/why not.
They all seemed quite different the while to me most of these products seemed pretty useless and not that interesting. The NinjaKards and HeartPup's do not seem anything original and doesn't seem to ever make such a huge hit. On the other hand Drumpants did seem a really interesting product, and should have accepted the deal with the sharks. While Soapsox does seem nice it will only stay in children's and never really improve from there and now a days its about technology not many buy stuff toys anymore.
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