ENTREPRENEUR: Nick & Penilopee Larosa
PITCH: Instant Lifts
ASKING FOR: $100k for a 25% stake
BEST PART OF THE PITCH: Nick and Penilopee feel they have solved the problem of cellulite and sagging skin for women. Their product is a clear adhesive that lifts and repositions the skin to make everything look firm and tight. They have a formula and design that allows the lifts to last 12-15 hours per day. They've done $75,000 in sales over the past five months
DO THE SHARKS BITE? The Sharks are surprised to learn that Nick and Penilopee are only selling the one product even though they have others with different patents on similar products. Daymond is out immediately. Mark knows that since they have other products out there, they wouldn't be able to work a hundred percent on the one in which he'd be funding. There's too much confusion for him, so he's out. Kevin, too. Robert is also very confused. He's out. Barbara can see women wearing this product, but the value of the company isn't worth the investment. She's out. The idea of Instant Lifts just didn't stick with the Sharks.