Things Get Heated With Innovative Owners Of Trunkster | Shark Tank US | Shark Tank Global

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Gaston Blanchet and Jesse Potash are seeking $1.4 Million for 5% of their smart luggage business, Trunkster.

From Season 7 Episode 10

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About Shark Tank: The Sharks – tough, self-made, multi-millionaire and billionaire tycoons – continue their search to invest in the best businesses and products that America has to offer. The Sharks will once again give people from all walks of life the chance to chase the American dream and potentially secure business deals that could make them millionaires.

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Things Get Heated With Innovative Owners Of Trunkster | Shark Tank US | Shark Tank Global
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Their payment of 1.4m in 24 months was so ridiculous that Lori and Mark said yes. Well, the deal didn't close and the entrepreneurs delivered bad quality Trunksters to their Kickstarter customers. The business shut down.

afrofantasylit
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Update: Turns out it was a scam. Deal never went through. People who preordered never received the luggage, and now the whole company has gone dark. Jesse also went MIA shortly after. Woops!

iidawgg
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Remember to lower the volume after watching this.

multigreenman
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Robert ABSOLUTELY hates when people choose Mark over him. You can see and even slightly taste the saltiness at the end of the deal when it shows his face

YEHOxSHUA
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update for anyone that doesn't want to look it up lol.

deal never went through.

many never received the product over 1500 demanding refunds and multiple lawsuits.

of the few that received the product complained about terrible quality and wanted refunds,

all socials deleted, website went dark, and the owners are unable to be found.

so just a big scam.

mikeburns
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We have shady news for our Trunkster update. The Kickstarter mentioned during the episode was successful, but it appears that Jessie and Gaston never fulfilled most orders. Of the slim number of orders that were shipped, most were reported to be of very poor quality.

Most of the potential customers and investors on Kickstarter and other crowdfunding campaigns were understandably upset, and the company has never responded or issued refunds.

The website is defunct and all social media accounts are MIA. Unfortunately, we have to report that this product might have been a scam. It’s a good thing that the deal with Lori and Mark never closed.

jeffreygeorge
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$28 million dollar evaluation for something that hasn’t even shipped to a single person and has nothing unique about it. Any luggage company can easily rip this off. The fact they weren’t thrown out the door is wild. They seem so shady.

TheProphegy
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These guys apparently bailed on the business and scammed everyone

stickytiddies
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They went out of business!!!! Never delivered the paid pre orders.

Gottix
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7:35 when Robert said “this isn’t an investment! We’re going on a trip together 😃” had me completely dead ☠️😂

breestella
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I feel like these two are more than friends. 😂

infinitybless
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Prototype gave them away... For once, Barbara was right, and intuition of Lori was magical 😊

sanjaytrasy
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With the insane amount of security at airports these days, a large battery in a suitcase might be problematic.

DrB
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Robert was saved from losing $1.4 million.

iwrk
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$395 for a piece of luggage. Only a regular flier could even possibly justify that.

BitterComments
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Apparently it was all a scam. They didn't deliver any luggage to their kickstarter backers and didn't issue any refunds. Deleted their social media and went silent. The deal never closed.

HomestarCrawler
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When Barbara was in the womb she prolly was like “yeah I don’t see any use in this anymore so I’m out”

YeahISk
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I can’t believe anyone even put an offer in on a $28 million dollar company with literally 0 sales 0 customer feedback or real consumer testing, so many things can go wrong especially with all those electronics. This is SO risky it doesn’t make sense

Edit - just googled it and yeah the shark tank website says the company turned out to be sketchy, didn’t fulfill a large chunk of those kickstarter sales, and the ones which were sent were said to be poor quality. The deal never closed.

hedduyou
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I am surprised that they got so many offers. The sharks all said the product is not tested, the customers hasn’t received anything. None of the details of the operations has been flushed out. The founders seems more like inventors than business people and they definitely did not watch any Shark Tank prior. The evaluation seems greedy and ridiculous.

margotk
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I don't get this. Why would they invest any amount in them? I feel like the answers may be in the parts that were edited out of the segment. They never sold anything, this product wasn't tested, it is very expensive. What am I missing here?

Lommy