SHARK TANK - EPISODE 305
ENTREPRENEUR: Tony Devine
PITCH: The Original Profender
ASKING FOR: $75k for a 15% stake
BEST PART OF THE PITCH: The Original Profender is the only mobile training device that simulates a basketball defender. Tony wheels out one of his devices featuring Kevin O'Leary's face on the front. Mark makes a few shots around the Profender. Tony has $25,000 in sales over the first year. The cost is $500 each, but a retail version will sell for $200.
DO THE SHARKS BITE? Mark believes there's value in the product but wonders if it's a big business. Barbara and Robert like Tony, but quickly bail as investors. Daymond likes the product, but believes $500 is too high of a price tag. He's out. Kevin feels that even the $200 version is too much. He's out. That leaves Mark, who could certainly help the product if he had the time. He doesn't, so he's out. Game over.
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