This episode of Shark Tank was re-broadcast on June 13, 2014
Four strong entrepreneurial personalities on the show tonite. A subtitle for this episode might be “The Arrogant vs. The Confident, where do you draw the line?”.
One of the “confident” was the husband and wife team of Irene and Noam fromBambooee. They win tonite’s Sharky Award.
They gave a compelling presentation featuring their “paper towel replacement” made of bamboo which could be recycled by washing it. I kept thinking that a cloth hand towel could do the same thing and was far cheaper, but the Sharks loved their concept. Irene and Noam sweetened the deal by including other products which they had been selling. When they revealed their total annual revenue of $1.6 million, the Sharks got excited. Shark Lori got the deal by offering $200K for 10% equity….exactly what they asked for. Well played!
The Arrogant…….Jenifer and Haley from Zipit Bedding was in the proof of…
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