EPISODE 110
ENTREPRENEUR: Michele Kapustka and Melisa Moroko
PITCH: SENDaBALL, a "greeting" ball you send friends in the mail.
ASKING FOR: $86k for a 20% stake
BEST PART OF THE PITCH: SENDaBALL is an Internet-based greeting company that sends fully-inflated play balls through the mail. There's no box and no bubble wrap. The address and the stamps go right on the ball, as does the greeting. The $86,000 seems like an (forgive us) "oddball" number. But as Michele explains to Robert, that's exactly the amount they need to build a machine to help mass produce the balls. They make about $15 per ball and have had $100,000 in sales in a year.
DO THE SHARKS BITE? Kevin O. and Robert like the ladies, but can't see getting into in the ball business. Kevin H. and Daymond don't see anything proprietary about their idea. They are all out. Only Barbara seems to be bouncing back and forth with her decision to invest. At the end of the day, she doesn't think Michele and Melisa need her. They are going to be successful with or without the sharks. She's out. That's just the way the investment ball bounces.
WANT TO KNOW MORE: Visit www.sendaball.com.