FRIDAYS 9|8c
Season 1
Shark Tank - "Classroom Jams" - on "Shark Tank," Sunday, August 16th on the ABC Television Network.
Episode 102
Season 1 | Episode 2 | Aired 08/16/09


ENTREPRENEUR: Mark Furigay, from Chicago, Illinois.

PITCH: Classroom Jams, and educational record label and publishing house designed to get students into learning about classic works of literature.

ASKING FOR: $250K in return for a 10% stake.

BEST PART OF THE PITCH: English teacher Mark picks up a guitar and sings lyrics detailing the story of Romeo and Juliette.

THE SHARKS GO INTO A FRENZY: All five of them go in together to offer Mark a deal -- $250 to set up a new company, which they'll control 100%. In return, Mark will get a 5% royalty for the rest of his life off of sales of his music. Mark wavers, and Robert sneakily offers his own deal of $250K with an option to buy back 49% of the business with profits made from the business.

RESULT: In the end, Mark goes with the original offer from all five Sharks.

WANT TO KNOW MORE: Visit www.classroomjams.com/.

 

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