ENTREPRENEUR: Kelly Chaney
PITCH: Puppy Cake
ASKING FOR: $50k for a 25% stake
BEST PART OF THE PITCH: Kelly developed a canine-friendly cake mix that is safe for dogs to eat. She's had over $80,000 in sales over four years. She sells to about 150 retailers with some being international. She's also been featured in many dog-friendly magazines.
DO THE SHARKS BITE? Kevin thinks it may be too much of a chore to ask a person to bake a cake for their dog. He forbids her to continue with this venture. He's out. Robert thinks this a novelty product that he can't get behind. He's out. Lori also bails. Mark actually likes the product, but doesn't think she's committed enough to it. He's out. Daymond follows his lead. Lori just learned that it's tough to sell a puppy product to a shark.