ENTREPRENEUR: Anthony and Tina Calvert
PITCH: The Podillow, a face-down tanning and massage pillow with storage pockets
ASKING FOR: $250k for a 33% stake.
BEST PART OF THE PITCH: Anthony is a 20-year veteran of the San Diego County Sheriff's Department. He admits that he's taken some razzing from his fellow officers over such a, well let's call it "fluffy" product. But it is practical because lying on your stomach is tough to do without the proper implement to prop up your head. They've sold about 6,000 units over two years. They cost about seven bucks to make and sell for $29.95. They are in two major catalogues and had to turn down purchase orders because they didn't have the inventory.
DO THE SHARKS BITE? Kevin O. doesn't believe the company is worth the asking price. Kevin H. thinks the Podillow is made for the beach. He doesn't want to invest in a seasonal/regional product. He's out. Daymond loves the product but thinks they missed the mark with the evaluation. He's out. Barbara and Robert feel the same way.
WANT TO KNOW MORE: Visit www.podillow.com .
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