Ep 21. Week 21
- TVPG
- April 5, 2013
- 43 min
-
7.4 (50)
Week 21 of Shark Tank season 4 brings together a diverse group of entrepreneurs seeking investments in their businesses. The sharks - Mark Cuban, Barbara Corcoran, Kevin O'Leary, Lori Greiner, and Daymond John - are ready to hear pitches and make deals.
First up is a creative entrepreneur who has invented a new type of reusable tape that can hold up to 30 pounds. The product, named "GripIt," is already gaining popularity and has received positive feedback from customers. The sharks are curious about the market size and potential competition, but the inventor is confident in his product's uniqueness and potential for growth.
Next, a father-daughter duo presents their innovative product designed to protect children's knees while crawling. The product has a fun design that appeals to both parents and children, and the sharks appreciate the passion and dedication of the founders. However, they question the scalability and market size of the product and they urge the founders to think bigger.
The third pitch is a high-tech clothing line designed for outdoor enthusiasts. The clothing uses advanced technology to keep wearers warm and comfortable in extreme weather conditions. The sharks are impressed with the technology but have concerns about the high price point and competition in the market.
A sassy entrepreneur pitches her line of handmade cupcakes delivered in a jar. The sharks are skeptical about the viability of a cupcake company and question the scalability of such a business. However, the entrepreneur is passionate about her product and offers a tasting of her delicious cupcakes to prove their value. The sharks are pleasantly surprised by the cupcakes' quality and potential for expansion.
The final pitch of the episode is a tech-based service designed to help people with chronic illnesses manage their medications and doctor appointments. The founder, who has struggled with her own chronic illness, is passionate about helping others and has developed an easy-to-use platform that tracks medication schedules and appointments. The sharks are concerned about competition in the healthcare industry but recognize the potential for the platform's growth and positive impact.
Throughout the episode, the sharks grapple with their own interests and reservations, debating the value and potential of each business. They offer nuanced feedback, encouragement, and hard-won advice, while the entrepreneurs struggle to convince the sharks of their product's worth.
In the end, some businesses land deals with the sharks, while others leave empty-handed, but all have learned valuable lessons about entrepreneurship and the challenges of making it in the business world. The episode is a reminder of the high stakes and fierce competition of Shark Tank, and the resilience and creativity of those brave enough to swim with the sharks.