Shark Tank and Dragon Den are reality series that features entrepreneurs pitching their business ideas in order to secure investment from a panel of venture capitalists. Both shows have been around for a while and we have seen countless pitches - the good, the bad and the ugly. We detail 8 of the best Shark Tank and Dragon Den pitches ever aired.
Charles Michael Yim - Breathometer
Yim created a Breathometer, a breathalyzer that plugs into your smartphone. This is one of the best pitches on Shark Tank because the guy knew his numbers, had an appealing presentation structure and knew exactly what to say. He asked for $250,000 for a 10% equity stake in the business but recieved a combined sum of $1million from all 5 investors for 30% of his company
Sharon Wright - MagnaMole
Wright went on Dragons Den seeking £50,000 in investment for 15% of her company MagnaMole, a magnetic system that safely enabled cables to go through cavity walls, saving time and money. She gave a very impressive pitch and got £80,000 from two investors for a 22.5% stake in the business. A better deal than what she asked for.
Bruno François - Cycloramic
Cycloramic is an app that lets you record panoramic videos without using your hands. The app, created by François vibrates your phone in a circle as it records videos if you place it vertically on a solid surface. All five sharks went crazy and Mark Cuban even offered him $1million. François wanted $90,000 for 5% of his company. At the end, the settle at $500,000 for 15% of the company. The app was downloaded 100,000 times within an hour after the episode went live, and in 12 months, it had grown to seven million downloads.
Imran Hakim - iTeddy
iTeddy, an invention by Hakim, is a multimedia teddy bear with an integrated screen and personal media player inside the its stomach. It could play bedtime stories, nursery rhymes and cartoons to children, which could be downloaded from his subscription website, iteddy.co.uk.
Hakim went in looking to get £140,000 for a share of 15% of his company. He got a joint offer of £140,000 for 40% of the business.
Dallas Robinson and Mike Buonomo - Kisstixx
Robinson and Buonomo presented this intresting product on Shark Tank, requesting $200,000 for a 20% stake. Kisstixx, which comes in two compatible flavors, creates a chemical reaction between two individuals when they kiss. It was so good that O´Leary and Cororan were convinced to try it out. The entrepreneurs had decided to turn their lip balm class project at Utah Valley University into a real business, and had about $80,000 in sales.
They eventually agreed to an investment of $200,000 from Cuban for 40%. Today, Kisstixx is sold in over 30 countries worldwide
Kirsty Henshaw - Worthenshaw’s Ice Cream
Single mother Kristy was running her own business and working three jobs while looking after a sick son. She came to the den to seek a £65,000 investment for a 15% stake Worthenshaws, a dairy free alternative to ice cream. The dragons were clearly impressed, especially when she mentioned that Tesco was already interested in her brand, and she got a joint offer of £65,000 for a 30% stake.
Alan Kaufman - Nubrella
Nubrella is a hands-free umbrella, equiped with a heater. Kaufman was already recording great sales on the internet - he had sold 3,000 units with orders coming from over 40 countries. With Nubrella, you strap it on to your body, protecting you from harsh elements and also heating you up on chilly nights. Kaufman asked for $200,000 for a 25% stake. The sharks were very impressed by this cool and unique product and Kaufman got a joint offer of $200,000 for 51% of the company.