Shark Tank has won twice as the outstanding structure reality program in Primetime Emmy Awards. But ABC has been quite smart to know there is more to the show than pure entertainment.
According to Huffington Post, ABC discovered that letting the aspirants of entrepreneurship and daily business owners to pitch several prominent investors brings a huge entertainment. Here are the coolest companies that made something out of Shark Tank.
Awesome Companies from Shark Tank
- Drop Stop
The Drop Stop pitch has caught the attention of Shark Lori Greiner. It deals with annoying automobile designs, specifically that gap between one’s car seats. No doubt everyone experienced dropping stuff in the said annoying gap. Her investment was worth $300,000 including a 20 percent stake in the company.
No doubt that this one is a great deal with all five sharks in a combined investment worth $650,000. Kevin O’Leary, Daymond John, Lori Greiner, Mark Cuban and Robert Herjavec own 30 percent of the said company. It features a portable breathalyzer that works on Smartphone.
- Wicked Good Cupcakes
Now, Kevin O’Leary cannot deny the huge potential profit in cupcakes. Known as Mr. Wonderful, O’Leary had investment with the company worth $75,000. But not only that, it goes with a golden deal. To date, the cupcake business is one of his most profitable investments earning $7,000 to $400,000-month sales.
- Simple Sugars
Mark Cuban’s investment for this company is worth $100,000 with 33 percent equity in Simple Sugar’s brand. Due to the effect influenced by Shark Tank, the sales went over $1 million in six weeks. For Cuban, this skincare product has been one of his most profitable investments
- PIP Snacks
This popcorn business caught Shark Barbara Corcoran’s attention. She invested worth $200,000 with 10 percent equity. After three months, the sales already surpassed $1 million with Corcoran’s investment.
So, there go the awesome companies from Shark Tank. Know more when Shark Tank Season 8 returns on Jan. 6, Sunday.
Photo: Facebook | Shark Tank