ENTREPRENEUR: Dan Claffey
PITCH: Coffee Brand Gifts, holds trademarks for the words "Coffee," "Cappuccino," "Java" and other highly-caffeinated words for use on plush toys.
ASKING FOR: $300K for 40% equity.
THE PITCH GOES SOUTH WHEN: Dan reveals that he doesn't have any sales. The Sharks are frustrated because he's asking for them to invest in a business and he doesn't even have a single order.
DO THE SHARKS BITE? No. The Sharks think Dan is going about things backwards. Dan didn't want to get orders and promise delivery until he had the capital to get it done. The Sharks think that's Un-American. Everyone is out.
WANT TO KNOW MORE: Visit www.coffeebrandgifts.com/.