Episode Recap
This episode featured four unique product pitches, including a portable outdoor game that ingeniously combines features from both Spikeball and Pickleball, a pet-sitting service for weddings and events, a high-fashion bodysuit, and gourmet made-to-order French fries. The Sharks in this episode were Barbara Corcoran, Mark Cuban, Lori Greiner, Robert Herjavec, and Kevin O'Leary.
The pitches in this episode were diverse and intriguing, and the entrepreneurs were passionate and motivated. The product pitches that stood out were the portable outdoor game that combined the fun and excitement of pickleball and Spikeball, and the unexpected pet-sitting arrangement that could be utilized during weddings and events. The negotiations were intense, with multiple Sharks making offers and competing for the best deal.
In the end, there were two deals that were offered and accepted, resulting in new partnerships. Mark Cuban and Lori Greiner made a deal with Ryan Bouton and Doug Bouton, the entrepreneurs behind Gatsby Chocolate, for $250,000 for a 20% stake, plus a $250,000 loan for 6% interest. The stake will increase to 30% when sales hit $10 million and will increase again to 40% when sales hit $50 million. Kevin O'Leary offered $500,000 as venture debt for 12% equity, but the entrepreneurs declined the offer.
Overall, the fourth episode of season 15 of Shark Tank was filled with drama, intense negotiations, and unique product pitches. The two deals that were offered and accepted resulted in new partnerships that will help the entrepreneurs grow their businesses.
The pitches in this episode were diverse and intriguing, and the entrepreneurs were passionate and motivated. The product pitches that stood out were the portable outdoor game that combined the fun and excitement of pickleball and Spikeball, and the unexpected pet-sitting arrangement that could be utilized during weddings and events. The negotiations were intense, with multiple Sharks making offers and competing for the best deal.
In the end, there were two deals that were offered and accepted, resulting in new partnerships. Mark Cuban and Lori Greiner made a deal with Ryan Bouton and Doug Bouton, the entrepreneurs behind Gatsby Chocolate, for $250,000 for a 20% stake, plus a $250,000 loan for 6% interest. The stake will increase to 30% when sales hit $10 million and will increase again to 40% when sales hit $50 million. Kevin O'Leary offered $500,000 as venture debt for 12% equity, but the entrepreneurs declined the offer.
Overall, the fourth episode of season 15 of Shark Tank was filled with drama, intense negotiations, and unique product pitches. The two deals that were offered and accepted resulted in new partnerships that will help the entrepreneurs grow their businesses.
Press Release
A portable outdoor game that combines pickleball and Spikeball; a pet-sitting service for weddings and events; a high-fashion bodysuit; gourmet made-to-order French fries.
Airdate: Friday 20th October 2023
Airdate: Friday 20th October 2023
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