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Shark Tank USA Season 16 Episode 02
- Shark Tank Season 16 Episode 2 kicked off with the pitch off Danielle Mohan from Topsail Island, North Carolina.
- Topsail Steamers offers a unique dining experience with their signature bay buckets, packed with a delicious mix of fresh seafood,ouille sausage, red bliss potatoes, and their special homemade seasoning.
- Shark Todd offered Danielle $350,000 for a 20% stake in the business. Later, Shark Lori proposed joining forces with Todd for the deal, asking for 10% each. They settled on $350,000 for an 18% stake, closing the deal.
- Life Roft creates a unique twist on ice cream with their not-fried chicken ice creams. The sharks were impressed with the unique frozen desserts, but Shark Lori opted out because she had previously invested in a similar company, Frozen Framers, and felt that another investment in the refrigerated sector would create competition for her.
- The founders of RigStrips offer innovative products that help hold snowboards, skis, and fishing gear securely in place. Shark Todd showed interest in the deal and offered $300,000 for a 20% stake. After the founders negotiated for a 10% stake, Todd counter-offered $300,000 for 15%, and they successfully locked in the deal.
- Bucket Golf offers a golf kit that allows people to set up a golf game in their backyard or anywhere they prefer. Shark Kevin expressed interest in Bucket Golf and offered $1 million for a 25% stake. Shark Daymond matched Kevin's offer, promising to take the business global with his logistics and distribution expertise.
- Shark Lori proposed $1 million for 22.5% equity, along with a percentage of the distribution cut on sales. Shark Cuban surprised everyone by offering $1 million for just 15% equity. After negotiation, Shark Cuban ultimately countered with the same 12.5% stake after Shark Lori suggested it, leading to a partnership with Bucket Golf.
- Although some startups didn’t get a deal, their passion and commitment were remarkable. Now, everyone is looking forward to the next episode to discover more innovative ideas and the enthusiasm of new entrepreneurs.
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