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TOP 10 Rejected Shark Tank Pitches That Made Millions
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10 Rejected Shark Tank Pitches That Made Millions
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Number 10. Chef Big Shake: a shrimp burger invented by a father for his daughter.
The story of Chef Big Shake company started when the 10-year-old daughter of the founder, Shawn Dawis, came home from school declaring that she won’t eat meat anymore. That’s when he started making seafood burgers and later started selling them in grocery stores and restaurants.
On March 20, 2011, Dawis appeared on Shark Tank with his idea of shrimp burgers. He pitched his idea for a $200,000 investment in exchange for a 25% equity stake. However, the sharks were not confident about the product and rejected his pitch. Some other investors watching the show contacted Dawis and offered $500,000. Within a year, Chef Big Shake sales grew from $30,000 to $5 million. Today, Chef Big Shake has started franchising.
Number 9. Copa Di Vino: a wine business selling pre-packaged wine in the glass.
The unique idea of prepackaged wine by the glass was thought of by Copa Di Vino founder, James Martin, when he was on a trip to France. He realized it was an easy way to drink wine and an untapped business idea that could do great in the US. He appeared on the second season of Shark Tank looking for a $600,000 investment in exchange for 30% equity. He didn’t sell the deal, but he grabbed the attention of potential investors. He earned exposure from the Shark Tank, which resulted in increased sales. Today, Copa Di Vino’s net worth is over $70 million.
Number 8. Coffee Meets Bagel: a dating site that offers people discounts on food when they decide to meet their dating match.
Coffee Meets Bagel is a dating site with an attractive twist. People can find their suitable match on this dating site, and they get a food discount when they decide to go out on a date with their dating match.
The app was launched on 15 April 2012 by three sisters Arum, Dawoon, and Soo Kang. Aiming to expand their business, these sisters appeared on Shark Tank in 2015. They asked for a $500,000 investment in exchange for a 5% equity stake. The sharks were so impressed that one of the sharks, Mark Cuban, even offered them $30 million in exchange for the entire company.
Number 7. MealEnders: a weight loss product that curbs the craving to keep eating.
The most important mantra to reduce your waistline is to stop yourself from eating. Mark Bernstein realized this and decided to make a product that would work on the mind and mouth to curb food cravings. With the help of a leading food development firm, he invented MealEnders. It was a weight-loss lozenge that works in two ways. The outer layer of the product is sweet, which will signal the brain to stop eating. This means the meal is over. The inner layer stops the urge to keep eating.
Bernstein appeared with his game-changing product on Shark Tank. He asked for a $350,000 investment in return for 8% equity. Unfortunately, he left the show without any deal but ended up selling $400,000 worth of products in just three days. Within a year, MealEnders sales increased to over $5 million.
#sharktank #markcuban
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RIGHT NOTICE: The Copyright Laws of the United States recognizes a “fair use” of copyrighted content. Section 107 of the U.S. Copyright Act states:“Notwithstanding the provisions of sections 106 and 106A, the fair use of a copyrighted work, including such use by reproduction in copies or phono records or by any other means specified by that section, for purposes such as criticism, comment, news reporting, teaching (including multiple copies for classroom use), scholarship, or research, is not an infringement of copyright.” This video and our youtube channel in general may contain certain copyrighted works that were not specifically authorized to be used by the copyright holder(s), but which we believe in good faith are protected by federal law and the fair use doctrine for one or more of the reasons noted above
🔔 Subscribe and turn on all the notifications so you don't miss a video about Court Camera, Judge Moments and Law Clips.
Number 10. Chef Big Shake: a shrimp burger invented by a father for his daughter.
The story of Chef Big Shake company started when the 10-year-old daughter of the founder, Shawn Dawis, came home from school declaring that she won’t eat meat anymore. That’s when he started making seafood burgers and later started selling them in grocery stores and restaurants.
On March 20, 2011, Dawis appeared on Shark Tank with his idea of shrimp burgers. He pitched his idea for a $200,000 investment in exchange for a 25% equity stake. However, the sharks were not confident about the product and rejected his pitch. Some other investors watching the show contacted Dawis and offered $500,000. Within a year, Chef Big Shake sales grew from $30,000 to $5 million. Today, Chef Big Shake has started franchising.
Number 9. Copa Di Vino: a wine business selling pre-packaged wine in the glass.
The unique idea of prepackaged wine by the glass was thought of by Copa Di Vino founder, James Martin, when he was on a trip to France. He realized it was an easy way to drink wine and an untapped business idea that could do great in the US. He appeared on the second season of Shark Tank looking for a $600,000 investment in exchange for 30% equity. He didn’t sell the deal, but he grabbed the attention of potential investors. He earned exposure from the Shark Tank, which resulted in increased sales. Today, Copa Di Vino’s net worth is over $70 million.
Number 8. Coffee Meets Bagel: a dating site that offers people discounts on food when they decide to meet their dating match.
Coffee Meets Bagel is a dating site with an attractive twist. People can find their suitable match on this dating site, and they get a food discount when they decide to go out on a date with their dating match.
The app was launched on 15 April 2012 by three sisters Arum, Dawoon, and Soo Kang. Aiming to expand their business, these sisters appeared on Shark Tank in 2015. They asked for a $500,000 investment in exchange for a 5% equity stake. The sharks were so impressed that one of the sharks, Mark Cuban, even offered them $30 million in exchange for the entire company.
Number 7. MealEnders: a weight loss product that curbs the craving to keep eating.
The most important mantra to reduce your waistline is to stop yourself from eating. Mark Bernstein realized this and decided to make a product that would work on the mind and mouth to curb food cravings. With the help of a leading food development firm, he invented MealEnders. It was a weight-loss lozenge that works in two ways. The outer layer of the product is sweet, which will signal the brain to stop eating. This means the meal is over. The inner layer stops the urge to keep eating.
Bernstein appeared with his game-changing product on Shark Tank. He asked for a $350,000 investment in return for 8% equity. Unfortunately, he left the show without any deal but ended up selling $400,000 worth of products in just three days. Within a year, MealEnders sales increased to over $5 million.
#sharktank #markcuban
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_________________________________________________________________
Court Moments
🎥 Videos about Crazy judges, Videos of Court Cam, Best Court Cam Moments
🔔 Subscribe now for more Aetv, Cops and True Crime Videos
_____________________________________________________
💼 Copyright Questions, Contact and Business
• For copyright matters, business inquiries or other inquiries please contact us
⚠️ Disclaimers about Copyright!
RIGHT NOTICE: The Copyright Laws of the United States recognizes a “fair use” of copyrighted content. Section 107 of the U.S. Copyright Act states:“Notwithstanding the provisions of sections 106 and 106A, the fair use of a copyrighted work, including such use by reproduction in copies or phono records or by any other means specified by that section, for purposes such as criticism, comment, news reporting, teaching (including multiple copies for classroom use), scholarship, or research, is not an infringement of copyright.” This video and our youtube channel in general may contain certain copyrighted works that were not specifically authorized to be used by the copyright holder(s), but which we believe in good faith are protected by federal law and the fair use doctrine for one or more of the reasons noted above
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