Jarrett Parker and Raja Rahman bring magic to the tank with the concept for their new illusion show, Miracles. These established illusionists are planning a mesmerizing show to take Las Vegas by storm. What will the sharks think of this concept on
Shark Tank Jarrett & Raja Productions Update
- Entrepreneurs: Raja Rahman and Jarrett Parker
- Business: Magic illusion performance
- Ask: $750,000 for 40% equity
- Result: No deal
- Shark: None
Raja and Jarrett brought a piece of their show with them to
After the magic preview, discussion focused on the harsh reality of putting on a show in Vegas. The sharks were interested to know if Raja and Jarrett had secured a venue, but they were informed that no venue would green light a show without the full investment on the table.
The guys stated they had interest from a venue that could seat 1,600 people. They were planning on having one show a day. Kevin O’Leary wanted to know how much tickets would be. Raja replied that tickets were planned at $59.95 each for general admission.
Kevin was unimpressed with the one-show-a-day plan, but other sharks like Mark Cuban and Lori Greiner were aware of the risks of having more. Robert Herjavec talked about how Las Vegas was becoming more appealing to a younger demographic that was less interested in magic shows and more interested in nightclubs.
Mark talked about his experience producing movies and went out because he knew how hard it would be to make even a good show profitable. Barbara Corcoran also said it was a complete bet with no assurances of succeeding due to the finances. She went out followed by Robert and Kevin.
Lori suggested they should change the host city and that they would stand out in places like Chicago, which would increase their chances of success. When asked by Barbara whether Lori would give them the money if they moved, Lori replied by going out because she didn’t think their focus was right.
This left Raja and Jarrett leaving
Research for our Jarrett & Raja Productions update revealed that exposure the company received from
The performers also appeared on several TV shows, and continued to headline gigs in Las Vegas. Following the interruption of the pandemic, they are now back to performing a show called, Magic & Music at Stratosphere.
You can check out what they’re up to on the Jarret & Raja Productions website.
Are you interested in finding out more about the companies featured in Season 7 Episode 25? Follow the links below to see our other company updates for the episode.
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