Shark Tank Premiere Goes Live With Uncut Pitches, Viewer Input — Grade It!


ABC’s Shark Tank went live Friday night for its Season 14 premiere, culminating in an offer unlike any other.

For the first time ever, Mark Cuban, Barbara Corcoran, Lori Greiner, Robert Herjavec, Daymond John and Kevin O’Leary were joined by a studio audience as they were presented with unedited, unfiltered pitches from hopeful entrepreneurs — and for one night only, home viewers were asked to weigh in on whether our Sharks should take the plunge and make an investment. (The series returns to its regular, pretaped format next week.)

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So, how many deals were made in real time? And what sort of offer did Cuban make the night’s third and final entrepreneur? Keep reading to find out…

PITCH NO. 1: COMPOSTABLE UNDERWEAR | Jeff and Stacy Grace enter the Tank seeking $200,000 in exchange for five percent of their company: Kent, maker of the world’s first compostable underwear. (When their time is up, you can literally plant your pants!) They’re on pace to do $500,000 this year, but they’ve valued the company at $4 million — ouch! Also not in their favor: One pair of their eco-friendly skivvies costs between $20-24, which is more than the average American can afford.

Shark Tank Live

Shark Tank Live

Mark taps out, followed by Daymond. Barbara make them an offer — $200,000 for 20 percent — but it significantly reduces their valuation. Robert then turns to the studio audience for a show of hands, to see how often the average American buys new underwear. ABC then opens the polls for viewers at home to weigh in during the commercial break. After seeing the results, Robert makes the couple an offer: $200,000 for 15 percent. Lori matches that offer, then Daymond jumps back in — same offer! Jeff and Stacy came in hoping to partner with Daymond, so they accept his deal.

PITCH NO. 2: BABY BOOGER PICKER | Sina and Nina Farzin enter the Tank seeking $400,000 for five percent of their company: Oogiebear, a product line that helps children (and parents!) breathe more easily. It’s an $8 million valuation, but they have the sales to back it up. Since 2015, they’ve made over $15 million. This year alone, they’re on track to do $5.4 million in sales — and $1 million in profits.

Shark Tank Live

Shark Tank Live

Kevin cuts Nina off to make a deal. Believe it or not, he says, he doesn’t have a nose picker in his portfolio. So, he offers them $400,000… for 10 percent of the company. Daymond taps out, then Lori jumps in. But before she makes them an offer, we have our second viewer poll: Do you have a hard time picking baby boogers? The results clearly have no real impact on Lori’s decision, who comes in with an offer: $400,000 for 10 percent… but she’d like Mark to go in with her. They up the equity to 12 percent, then Barbara comes in with an offer of her own: $400,000 for 10 percent — and if she can’t bring their sales up to $400 million in two years, she’ll give them half their stock back. (Whoa!) Robert goes in with Barbara, and they up their offer to $600,000 for 10 percent. Deal!

Shark Tank Live

Shark Tank Live

PITCH NO. 3: COLLAPSIBLE PIZZA CONTAINER| Tate Koenig, who appeared in Season 12 and left without a deal for the Cheese Chopper,…



Read More: Shark Tank Premiere Goes Live With Uncut Pitches, Viewer Input — Grade It!

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