Tune into "Shark Tank" on any Friday night and you're sure to be impressed by the moxie (or lack thereof) of the sharks and entrepreneurs. Season 15, episode 3 was no different.
The sharks in this episode were Barbara Corcoran, Mark Cuban, Lori Greiner, Kevin O'Leary and guest shark Michael Rubin.
Take a look at the companies that pitched and how they fared in front of the sharks.
Don’t Miss:
- Until 2016 it was illegal for retail investors to invest in high-growth startups. Thanks to changes in federal law, this Kevin O’Leary-backed startup lets you become a venture capitalist with $100.
- Join the ranks of investors like Bill Gates and Mark Cuban by tapping into early-stage startups. Get the inside scoop on this innovative startup here.
Glove Wrap
Gavin, an 8-year-old innovator, created Glove Wrap to shape and break in baseball, softball and hockey goalie gloves. Loved by players of all levels, Gavin, his dad Jon, and sister Morgan manage the family business in Southern California.
- Entrepreneurs: Jon, Gavin and Morgan Batarse
- Business: Baseball and softball glove wraps
- Original proposal: $50,000 for 20% equity
- Final agreement: $50,000 for 22% equity
- Investing sharks: Mark Cuban and Michael Rubin
Wellingtons
Wellingtons envisions gourmet meals in puff pastry savored in households. That's why it offers an array of frozen gourmet delights, from traditional beef wellingtons to unique cheeseburgers. They prepare, customers bake and together they elevate home dining.
- Entrepreneurs: Anastasia and Arya Alexander
- Business: Frozen beef wellingtons
- Original proposal: $200,000 for 10% equity
- Final Agreement: No deal
- Investing sharks: None
Bot-It
Bot-It, an artificial intelligence (AI)-driven automation platform, assists businesses and individuals with online tasks. Since its debut, Bot-It's paid subscribers have doubled monthly, it's collaborated with Turkey's leading shipping logistics firm, and it aims for 1,500-plus subscriptions by year's end.
- Entrepreneurs: Maurice Bachelor and Joel Griffith
- Business: AI website and mobile app
- Original proposal: $150,000 for 10% equity
- Final agreement: $300,000 for 30% equity
- Investing sharks: Mark Cuban and Michael Rubin
Dating By Blaine
Blaine Anderson, founder of Dating By Blaine, empowers men to gain confidence, present themselves effectively and find meaningful relationships. Offering courses and personalized coaching, Dating By Blaine serves clients globally.
- Entrepreneur: Blaine Anderson
- Business: Dating coach services for men
- Original proposal: $100,000 for 2% equity
- Final agreement: $100,000 for 10% equity
- Investing shark: Mark Cuban
What Are Your Thoughts?
Would you have invested in any of these startups? Which one was your favorite? Least favorite?
While you may never have the opportunity to sit side by side with the sharks, remember this: You don't need to be on TV to invest in startups.
Through crowdfunding platforms, you can invest in companies like crowdfunding platform StartEngine.
StartEngine has a tie to "Shark Tank," as businessman and investor Kevin O'Leary, also known as Mr. Wonderful, is a strategic adviser, investor and spokesperson. The StartEngine OWN raise is ending soon.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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