PODillow Comes Up Short on Shark Tank
by Shark Tank TV Show on Monday, January 18th, 2010 | No Comments
Anthony Calvert and Tina Calvert entered the Shark Tank next 2nd to pitch their business PODillow.
PODillow is a tanning pillow meant to be used at teh beach and has a secret compartment for your valuables. They were looking for $250,000 for 33% of their business, giving tehm a pre-money vlauation of $750,000.
Anthony a veteran San Diego SWAT team member (thanks for your service!) came up with the idea for the PODillow. In their spare time over the last few years they have sold it sold 6000 units at a price of $29.95 and the manufacturing cost around $7.00 each.
See my video commentary below to see how they blew their chance to get funded!




