SharkTank

5

#Pitches

Discuss individual pitches here
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  • 5
    Scrub Daddy (Season 4 / Ep. 7)
    Season: 4
    Episode: 7
    Deal: $200,000 / 20%
    Sharks: Lori Greiner
    
    The pitch for Scrub Daddy on Shark Tank was made by its founder, Aaron Krause, during Season 4 of the show. Scrub Daddy is a versatile and innovative sponge that changes texture based on water temperature, making it suitable for various cleaning tasks.
    During his pitch, Aaron introduced the Scrub Daddy sponge and demonstrated its unique properties. He explained that the sponge is made of a special polymer blend that becomes soft and pliable when exposed to warm water, allowing it to gently clean delicate surfaces. When used with cold water, the sponge becomes firm, making it ideal for scrubbing tougher stains and surfaces.
    Aaron highlighted the versatility of Scrub Daddy, showcasing its ability to be used for different cleaning applications, such as dishes, countertops, bathroom fixtures, and more. He emphasized the sponge's non-scratch properties and its ability to rinse clean, preventing the buildup of odors and bacteria.
    To support his claims, Aaron presented data on the product's performance and customer satisfaction, including impressive sales figures. He also discussed the market potential for Scrub Daddy, emphasizing the widespread need for effective and versatile cleaning tools.
    During the pitch, the sharks had an opportunity to ask questions and provide feedback. Some sharks expressed doubts about the product's long-term success, while others recognized its potential in the cleaning market.
    In the end, Aaron secured a deal with entrepreneur Lori Greiner, known for her expertise in consumer products. Lori offered $200,000 in exchange for a 20% equity stake in the company. This partnership proved highly successful, and Scrub Daddy became one of the most popular and profitable products ever featured on Shark Tank, generating millions of dollars in sales.
  • 5
    Squatty Potty (Season 6 / Ep. 10)
    Season: 6
    Episode: 10
    Deal: $350,000 / 10%
    Sharks: Lori Greiner
    
    The pitch for Squatty Potty on Shark Tank was made by its founders, Bobby Edwards and his mother Judy Edwards, during Season 6 of the show. Squatty Potty is a bathroom accessory designed to improve the sitting position during bowel movements.
    During their pitch, Bobby and Judy explained the health benefits of using the Squatty Potty. They demonstrated how the modern sitting position on a toilet actually creates a kink in the colon, making it difficult for waste to pass through efficiently. By elevating the feet with the Squatty Potty, the body is placed in a more natural squatting position, which straightens the colon and promotes easier elimination.
    To demonstrate the effectiveness of the product, Bobby and Judy used a life-sized anatomical model to show how the Squatty Potty can improve the alignment of the digestive system. They also shared personal anecdotes and testimonials from individuals who have experienced positive results using the product.
    The founders highlighted the market potential for Squatty Potty, emphasizing the growing interest in wellness and natural solutions for health issues. They also mentioned their successful online sales and positive customer reviews.
    During the pitch, the sharks had an opportunity to ask questions and provide feedback. Some sharks expressed skepticism about the product's effectiveness, while others saw the potential in the market and the demonstrated sales success.
    In the end, Lori Greiner, a shark known for her expertise in consumer products, made a deal with Squatty Potty. She offered $350,000 in exchange for a 10% equity stake in the company. The deal was ultimately successful, and Squatty Potty experienced significant growth following its appearance on Shark Tank.