ENTREPRENEUR: Jeff Cohen, from Stevenson Ranch, California.

PITCH: Granola Gourmet, energy bars "for athletes, diabetics and you."

ASKING FOR: $175K for a 25% stake in his business.

FATAL MISTAKE OF THE PITCH: Jeff, a diabetic who came up with the idea for his healthy energy bars with his family's help, admits that he can't get a bank loan to fund his company because he previously had a software company that went bankrupt.

DO THE SHARKS BITE? No. Despite the fact that 24 Whole Foods stores in Southern California carry the bars, Kevin O'Leary tells Jeff that he's "radioactive" to him, because he filed for bankruptcy.

WANT TO KNOW MORE: Visit www.granolagourmet.com.

 

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