ENTREPRENEUR: Shane Cianciolo & Nathan Buffett
PITCH: CORKS AWAY
ASKING FOR: $105k for a 20% stake
BEST PART OF THE PITCH: People come from all over the world to experience an amazing wine adventure on the high seas. A Coast Guard captain greets guests as they board The Sunflower, a luxurious wine vessel. A wine host serves and explains selections during various cruises with atmospheres that are catered to their customers. Shane and Nathan are looking to expand on their sales of $250k from last year. They'll sell a $35k boat to another skipper for $175k with their business plan. They also want to sell their tasty pesto torte to stores. They also want create an indoor boat experience somewhere down the road.
DO THE SHARKS BITE? Mark believes the boat factor limits them in regards to the number of places they can go with their business. He can't see getting a significant return on an investment. He's out. Robert likes the guys, but feels there are holes in the boat. He's out. Daymond follows suit. Kevin likes the wine, but doesn't feel the business is investible—at least until he drinks more wine. Barbara likes the fellows, likes the wine, but doesn't like the business. She's out. Shane and Nathan sail off into the sunset without a deal.