'Shark Tank' sharks reveal their biggest deals made in the tank: Part 1

remember the ugly Christmas sweater company tipsy elves welcome to the to Ciel's Fashion Show this stuff is hideous they surprised the sharks by selling wacky and clever holiday attire last year we you know we had 862 thousand dollars in sales and now they're expanding into new frontiers we've created a lot of new styles and we're ready to meet the demand this year tipsy elves reports 40 million dollars in sales one of Roberts top investments on the show our company is Tom + Chee let's feed some to Barbara see if she lives Barbara not only lived she invested in the grilled cheese restaurant called Tom + Chee everything in my bones are saying this is a runaway hit it's now expanded to eight teen franchises across 14 states total sales so far a reported 47 million dollars I'm John and this is my partner Juan D it's been just 14 months since Kevin felt the love for the 3d greeting card company love pump we're tapping into something much bigger the human needs to connect I was the most nervous at that point over any other time in my life what's your barber real estate of course but his is money since then they're companies reported growth from 300,000 in sales to more than 8 million Kevin says his initial investment has been returned tenfold you should be very excited when you are the doctor of I am the doctor of love and this was the company that knocked Damon socks off our company is Babas and we're here today seeking $200,000 in exchange for a 5% equity stake in season six Randi Goldberg and David Heath pitched their sock company and got a lot of heat from Kevin you guys are still sock cockroaches sock cockroaches he sure did oh man this guy I mean Kevin like put our socks on his hands was making sock puppet that was good I'm gonna talk to you guys and you're gonna talk to me Damon invested in the company great decision and in two and a half years they say they've made well over twenty million dollars in sales shark tank is gasoline it just lights up let me ask you about the notoriously bad pitches my company is uh can you tell us more about it it's so easy oh you can do with your friends you can do it with your child he starts fumbling from the moment he gets out there Mike uh oh my god I have a headache I forgot my you know right the first three two to three minute pitch and just froze what is your product um we we develop a brand of stand-up paddleboards and they started making fun of me I got called a nerd I think geez you should stick with being a nerd in fact we heard Kevin say don't worry it's only your biggest moment your life really nice I think it's good to put the pressure on because they show my best deals you bet it was one of his best deals while most of the Sharks were out for blood you have failed to get your message across and I'm listening with both ears wide open don't listen to a word she said Marc through Stefan our stoles paddle board company a lifeline I'm willing to give you $150,000 for 30% of the company so let's do it whoa whoa did not see that I did not see that coming the result a reported 25 million dollars in sales he's returned my money you know twelve fifteen times over already lots of money made for the Sharks but what is the daddy of all deals two words scrub daddy Lori had this uh this little sponge and she's claiming I don't believe her that she's doing 80 million dollars and that's two claims right so I think of it I don't believe her at all according to Laurie Grenier that number is even higher in just four years we have hit a hundred and ten million in retail sales that would make this smiley-faced sponge the ultimate Shark Tank success story it's like the post-it you're like I use it every day Legos are the best the ones work walk in you say why didn't I think of that every morning I wake up with a new vengeance to make sure that no one takes our title as the most successful item in the history of the show but there is another business nipping at its tail introducing the simply fit board when mother-daughter team Linda Clark and Gloria Hoffman pitched their exercise board to the Sharks last year Gloria said she had $52 in her bank account when I'm getting dizzy stop the team paired with Lori to create an infomercial in several languages to have a coach simply supported and distributed it internationally soy Lori Grenier a shark tank hola soy Lori grinning she may be selling it and I don't know she's making money I'm sure she's selling a lot cuz the commercials keep on running but that doesn't make it a good product sorry Lori oh you're jealous mark if she's selling it how is it not a good product you can do the Hokey Pokey for 12 hours a day that doesn't mean you're gonna be simply fit the bottom line it's been simply successful when something changes your life it's a crying woman simply fit boards reported retail sales have hit 96 million dollars in just fifteen months and remember Gloria who only had $52 in her bank account she just bought a luxury home for her and her two boys with cash it truly is the American dream overnight my whole life changed so what's a remarkable that shark tank for me is watching the level playing field of the show there are no barriers to entry you walk in you make your pitch when I need a little help that's where you guys come in everybody is equal and some people leave with their dream funded you have a deal and some people don't come up but you know Elizabeth it's hard and it should be hard but the great thing about us is I think none of us see race color sex we just see our people have in common is the artists willing to see green

Channel: ABC News

Views: 7,337,241

Rating: 4.8996425 out of 5

Keywords: Shark, Tank, Businesses, Business, Deals, Investors, Investing, Small, Lori, Grenier, Kevin, O'Leary, Barbara, Corcoran, Daymond, John, Robert, Herjavec, Mark, Cuban, ABC, News, 2020

Id: 1A3nmQ3bFtk

Length: 6min 22sec (382 seconds)

Published: Sat Feb 25 2017