Shark Tank season 12 episode 23 Recap and FAQ
Episode Summary
In a diverse Shark Tank episode, Alex Rodriguez joins as a guest Shark. Thomas Fields pitches Grind, a portable basketball training machine, securing a deal with Mark Cuban and Barbara Corcoran. Karen Nation's Creation Nation, offering DIY healthy snack mixes, fails to secure an investment due to concerns over business viability. Chris Pavlica and Kevin Consolo find success with SneakErasers, a shoe cleaning product, landing a deal with Rodriguez and Greiner. Lastly, Aaron and Brett's BeerMKR, a home brewing appliance, leaves without a deal amid valuation and market readiness concerns.
Full Episode S12E23 Recap
Frequently Asked Questions
What was Alex Rodriguez's role in this episode of "Shark Tank"?
Alex Rodriguez appeared as a guest Shark, sharing his inspiring story and participating in evaluating pitches. 2.
What is Grind, and who founded it?
Grind is a portable basketball shooting machine designed for individual training, founded by Thomas Fields. 3.
How much did Thomas Fields seek for Grind, and what deal was made?
Thomas Fields sought $250,000 for 5% equity in Grind. He made a deal with Mark Cuban and Barbara Corcoran for $250,000 for 25%. 4.
What is Creation Nation, and who presented it?
Creation Nation, presented by Karen Nation, offers DIY protein bar and bite mixes focused on health and customization. 5.
Did Creation Nation secure a deal on "Shark Tank"?
No, Creation Nation did not secure a deal. All Sharks opted out due to concerns about the business model and financials. 6.
What product did Chris Pavlica and Kevin Consolo pitch?
Chris Pavlica and Kevin Consolo pitched SneakErasers, a dual-sided sponge for cleaning shoes. 7.
What was the deal made for SneakErasers?
SneakErasers secured a deal with Alex Rodriguez and Lori Greiner for $200,000 in exchange for 20% equity. 8.
What is BeerMKR, and what was the Sharks' response?
BeerMKR is an all-in-one countertop craft-brewing appliance. The Sharks were concerned about valuation and market readiness, leading to no deal. 9.
Who presented BeerMKR, and what was their ask?
Aaron and Brett presented BeerMKR, asking for $500,000 for 2% equity in their company. 10.
Did Kevin O'Leary make an offer to BeerMKR?
Yes, Kevin O'Leary proposed a debt-equity deal, but Aaron and Brett declined it. 11.
What concerns did the Sharks have about BeerMKR?
The Sharks were concerned about BeerMKR's high valuation, lack of consumer feedback, and business model. 12.
What was the retail price of Grind?
Grind retails for $1,495. 13.
How is SneakErasers different from other shoe cleaning products?
SneakErasers is unique for its premoistened, dual-sided sponge, designed specifically for convenient shoe cleaning. 14.
Did any of the pitches involve subscription models?
Yes, BeerMKR involved a subscription model for its consumable brewing kits. 15.
Were there any pitches related to health and nutrition?
Yes, Creation Nation's pitch was related to health and nutrition, offering customizable protein bar and bite mixes.