|
|
GSNN
Primes |
|
Previous Episodes August 9 August 16 August 23 August 30 September 6 September 13 September 29 October 6 |
||||||||||||||||||
|
You have the dream. They have the money. But do you have what it takes to swim with five of the business world's elite sharks? Recaps by Chico Alexander, GSNN
|
||||||||||||||||||
|
Copyright Statement Powered by 1&1 Internet |
|
Episode 9 The next big idea... That's where you come in. The money to make it happen... That's where they come in. First into the Tank... OWNER: Dan Mackey; Sausalito, CA Dan created a healthy alternative to one of America's favorite drinks... cola. When California decided to get rid of soda machines in favor of what they thought were healthy alternatives, Dan was a bit miffed that the juices and sport drinks weren't any better from a nutritional standpoint than the sodas they replaced. He's a marketing guy, but he's not an entrepreneurial guy. That's where the Sharks come in. Chill is a low-glycemic organic soda. It has no HFCS, no simple sugars, it has few calories, and it has anti-oxidants. And it tastes like soda, using agave nectar. He has a distributor on board... but he's sold 250... cans. Wait, 250,000. Sorry. He's made $175,000. But it's not on any shelf. He sold it to the distributor due to consultants' linking. And... he has no knowledge of the beverage business. And because of that, three of the Sharks are out. O'Leary says that it's fraught with risk and the industry is full of stories of OK Cola and Crystal Pepsi. So that just leaves Barbara... He's not slick. The other Sharks try to talk her out of it. Nothing doing. Barbara is going to cut him a check... No, don't do it it's a trap, oop, too late. ACCEPTED: Barbara's offer of $50K for a 20% stake. Next... OWNER: Geoffrey & Kristina Broderick;
Huntington, NY Geoff is a veterinarian at a "family practice" (both his wife and his other daughter work alongside him). They created and marketed a food that wards off disease. They've sold online and in New York, but they will use the money they get from the Sharks to go national. Their food is super food and phyto-food that contains probiotics that ward off disease by making the food "wild again". They are going to extend the life of pets by "50 percent". The average dog will live 10 years. And it's also human grade... Dr. Broderick loves it. He and O'Leary break ... whatever that is. It doesn't have a patent, because Dr. Broderick doesn't want anyone to duplicate it. Robert is smelling a snake-oil salesman. Dr. Broderick says that he hasn't had a cancerous patient in his hospital. The FTC would like a word with you. The Sharks want proof, though I don't think proof will change Robert's mind, as he is very skeptical about a person who claims that he can prevent cancer in your pets with this supplement. He's out, disgustedly. The others follow suit. O'Leary believes the story, but without the proof, his hands are tied. All of the Sharks are out. REVISIT: Ava the Elephant Today, Ava the Elephant is getting ready to go nationwide with FlavoRx on board, but even more interesting is that its creator, Tiffany Krumins was diagnosed with cancer since filming her episode. She was eventually treated and is now cancer-free. OWNER: Jim diMasio & Ray Latypov Virtusphere is a VR simulator that will "dramatically change simulation training" and will also "revolutionize virtual entertainment by allowing users to play inside their favorite video games." The purpose is to train soldiers. It can be applied to military, or entertainment, or fitness. O'Leary takes it for a spin... literally. Right now, the price is $55,000. Robert says that they are "light years away from a consumer application". They have to sell 30 of these things to take in a profit. With the money, they're going into a proof-of-concept tour of duty in 59 bases. The Kevins are out, citing cost. Barbara adds that it's a "boy thing". Daymond says that there's a world of things that he has no idea about. Robert loved this much... but there's no data on it, and it's so far away from concept to reality... "Too many questions. I'm out." OWNER: Gayla Bentley; Houston Gayla is a fashion designer looking to get out clothes for the tall, thick, beautiful ladies among us. Sixty percent of all American women are size 12 or above. That's her hook: "modern sizes for modern women." After going through fabrics and figures and such, we find out a few things... Wholesale goods to Neiman-Marcus. Sales are $500,000 over a year. So why aren't there dedicated spaces? The world don't see it as "luxury". Robert and Daymond talk about going after the large market space and if opening up a dedicated boutique is a right idea. More importantly... how will the Sharks recoup this. Gayla has a deal on the table with a home shopping network. She wanted the Sharks' insight first. Brick and mortar... not the way to go. The Kevins and Robert are out. Barbara will go in half if Gayla can bring in Daymond. Gayla says that it's a natural fit because he has the power in the industry. This is a great opportunity. Gayla promises that she will not blow this for him. His proposals... equal partners... Gayla wants creative control. That will be guaranteed with the 50/50. ... DEAL! ACCEPTED: Daymond & Barbara's offer of $250K for a 20% stake. With that, we're going to go have some carbs. Until next week... To see this episode in its entirety, go to www.abc.com/primetime/sharktank. |
|