ENTREPRENEUR: Donny McCall
ASKING FOR: $100k for a 10% stake
BEST PART OF THE PITCH: Donny's flagship product is an innovative cargo management system. He can transform a pickup truck into a bigger cargo-carrying vehicle in about 30 seconds with racks that folds out of the back bed. Donny was overwhelmed by the response he got when he took this to a trade show. He wants to do something that will help his own dreams and others, especially in the economically-depressed region of North Carolina where he lives. Donny has had $50,000 in sales in the past year, but there was no profit.
DO THE SHARKS BITE? Kevin wonders why Donny isn't going to distributors. He suggests getting cheaper distribution overseas. Donny doesn't feel the product needs a distributor if they sell directly to the retailer. He does not want go overseas. He wants to manufacture a quality product at home. Barbara thinks he's too resistant to suggestions, so she's out. Kevin can't invest either. Daymond is out as well. Robert thinks Americans can compete on a world-class scale. He gets choked up when talking about his dad who was a factory worker. He admires what Donny is doing, but he can't invest. Mark can't invest either as one of the most passionate, emotional negations ends without a done deal.
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