G.O.A.T Pet Products was a unique company themed around the idea of boosting interaction and engagement with pets. During
Shark Tank G.O.A.T Pet Products Update
- Entrepreneurs: Michelle Winowich
- Business: Pet Interaction Speaker
- Ask: $499,000 for 9% equity
- Result: $499,000 for 33% equity
- Sharks: Robert Herjavec
G.O.A.T Pet Products pet speaker can stream music, play sounds, and create funny moments by allowing your dog to ‘pretend’ to speak. Michelle Winowich demonstrated how the product might work in front of the sharks before starting to negotiate and cover details about the background of her company.
Michelle stunned the sharks when she told them that her company had generated more than $2 million in sales in less than six months on the market. Petsmart purchased $2 million in units and had a six-month exclusive agreement with G.O.A.T Pet Products.
A single unit costs approximately $5 while it sells at a price point of $24.99. The margins were reasonable and the sharks continued to like the news that they were hearing from Michelle.
Kevin O’Leary believed that the company hadn’t proven that the product would sell and considered this investment to be a major risk. For that reason, Kevin dropped out and Mark Cuban quickly followed.
All of the sharks dropped out except for Robert, who decided to make an aggressive offer to Michelle for her to consider. Robert offered $499,000 in exchange for 33% equity in her company.
After considering her only option, Michelle decided to accept the offer and leave
Let’s jump ahead now to get a G.O.A.T Pet Products update to see how the
In our G.O.A.T Pet Products update research, we found that the company seems to have gone out of business. Its Facebook page has not been updated since September 2021 and the website is no longer active.
Unfortunately, it appears that this will be our final G.O.A.T Pet Products update.
You can find the other company updates from Season 9 Episode 16 here:
Don’t forget to take a look at our Season 9 products page! We’ve got more company updates from
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Andrew Smith is the founder and owner of Shark Tank Recap. He is a longtime Shark Tank fan that has been watching it for years and has seen every episode multiple times. His friends know him as the Shark Tank expert, because he can answer any question about the show! His favorite Shark Tank products are Bertello's pizza oven and Bug Bite Thing!