This is the last episode for the first season of Shark Tank, the sharks already invested a total of $4,410,000 for the whole season!
The first to enter the shark tank is the producer of custom-made bobbleheads where customers provide pictures of the person they want to put in their Bobbleheads and pick a body they want. Jeff Wolsky seeks for $75k for 18% stake of his company called The Bobble Place. The sharks became interested when they found out that Jeff already had more than a million sales in his other business.
• Kevin O. offered $75K for 18% stake of his online business but Jeff doesn't like the idea of including his existing business to this deal.
• Kevin O. bounced back with $100k for 20% stake while Robert offered $125k for 20% ownership.
• Daymond, Kevin H. and Barbara were out.
• Kevin O. again offered $100k for 20%.
• Robert also offered $125k for 20%.
• Jeff countered that Kevin O. and Robert joins in with their money added which makes $225k and with 10% each stake.
• Jeff was sent out of the tank so that Kevin O. and Robert can talk
• Then offered him $100k for 20% but Jeff didn't accept it.
• Robert brought back his offer of $125k for 20% stake.
• Kevin was out and Jeff countered for $100k for 7% ownership, Robert got confused and jumped out of the deal.
Second to enter the tank was Sandy Hyun and Roman Peitrs looking for $50k for 25% ownership of Mr. Poncho which is an MP3 Player case with headphone wrapping device to prevent tangles. As expected none got interested because of the low profit and they don't have the patent for the earphone cords.
Dr. Floyd Seskin was next to face the sharks, he presented his invention, The Uro Club which is the discrete, sanitary way for your urgent relief. Created by a Board Certified Urologist, it looks like an ordinary golf club, but contains a reservoir built into the grip to relieve yourself. The UroClub is leak proof, easy to clean and no more embarrassing moments.
He asked for $25k for a 51% stake. Almost all of the sharks didn't buy it except for Kevin H. who offered $25k for a 70% stake, Dr. Floyd accepted it.
The last to enter the tank for this season were Brian Duggan and Adam McCombs presenting Jump Forward… changing the way people manage, track, and organize sports relationship information through the web and mobile devices to create unparalleled value and market efficiencies.
The colleges pay for the subscription fee and the athletes can sign up for free, presently there are 30 schools sign up and 300 college coaches and 60,000 athletes in their system.
They were asking for $150k for a 10% stake of the business. Barbara, Kevin H. and Daymond were not confident to bid.
Kevin O. offered $200k for 20%, Robert countered for $300k for 30%.
Kevin O. asked the two entrepreneurs to step out of the tank so he can talk to Robert.
Kevin O. and Robert agreed to offer $400 for 50%, but when the 2 came back they countered the offer with $200k for 16%.
Kevin O. and RObert presented another deal with $600k for 50%, after some arguements and barter, it end up Brian and Adam accepting Kevin O. and Robert's offer.