Ep 4. TheMagic5, Tabby, SoaPen, 54 Thrones

Shark Tank is a popular American reality television show where entrepreneurs come to pitch their ideas to the sharks for investment. In season 13 episode 4, we will see four exciting new businesses compete for the sharks' attention and try to convince them to invest.

The first entrepreneur is Tom Waller from TheMagic5, a company that creates custom-fit swim goggles. Tom claims that his goggles are made to fit the unique shape of each swimmer's face, ensuring maximum comfort and performance. He hopes to get an investment of $400,000 for 10% equity in his company. The sharks are impressed with the product but express concerns about the price point and competition in the market.

Next up is Tabby, a company that creates furniture for cats. Founder Andrea Powers hopes to get a $60,000 investment for 10% equity in her business. The sharks are amused by the cat furniture and acknowledge the growing trend of pet owners wanting to pamper their beloved animals. However, some of the sharks are hesitant to invest in a market that may have limited growth potential.

The third pitch comes from SoaPen, a company that produces a soap pen that encourages children to wash their hands. Co-founders Amanat Anand and Yoganshi Shah hope to secure a $100,000 investment for 10% equity in their business. The sharks appreciate the social aspect of the product and express interest in its potential impact on public health. However, they also point out the challenges of marketing to parents and the need for a more efficient production process.

Finally, we have 54 Thrones, a company that creates luxury skincare products inspired by African history and heritage. Founder Christina Funke Tegbe is asking for a $500,000 investment for 5% equity in the company. The sharks are impressed by the uniqueness of the product and the clear brand vision. However, they also express concern about the high price point and competition in the crowded skincare market.

As always, the sharks will ask tough questions and make critical evaluations of each pitch before deciding whether to invest in any of the businesses. Tune in to see which entrepreneurs come out on top and secure a lucrative partnership with one of the sharks.