Entrepreneur Anthony Franco pitched his office supply company during
If you’re short on time, here’s a quick overview of what happened to mcSquares after
Anthony Franco appeared on
|Accepted deal for $300,000 for 25% equity
Shark Tank mcSquares Update
- Entrepreneur: Anthony Franco
- Business: Magnetic dry-erase products to replace sticky notes
- Ask: $300,000 for 10% equity
- Result: $300,000 for 25% equity
- Shark: Kevin O’Leary
mcSquares founder Anthony Franco told the sharks that his products are made to help with contribution and teamwork in the office environment.
These aren’t your regular whiteboards – they’re Stickies! A paper-free solution, these 3” x 3” squares have all the benefits of an erasable white board and are compatible with both wet and dry erase markers.
Further, a 6-pack of McSuares dry-erase squares can replace 12,000 sticky notes and costs around $20. This is actually a huge savings, considering that a pack of 1,000 sticky notes can cost around $22.
Guest shark Rohan Oza is impressed with the creativity of the products and asks Anthony to share his story. Anthony says that he just barely graduated high school.
He eventually opened up a consulting firm, where he got the idea of holding meetings with magnetic products. This idea was sparked by a client, who didn’t speak up during a meeting, but preferred to share her thoughts privately.
He found that with his tablet product, which is essentially a magnetic writing tablet, there was better engagement if everyone wrote down ideas and then combined them on a magnetic surface.
In the current year of filming, Anthony has already done $214,000 in sales. Further, he anticipates to do $110,000 that month.
Additionally, he projects to finish the year with $1 million in sales. Rohan says the numbers aren’t adding up.
Anthony shares that unfortunately, he ran into some manufacturing issues. Apparently, the manufacturer lost the molds, and never replaced them, or compensated Anthony for them.
Barbara Corcoran speaks up sharing concerns about Anthony’s answer to questions. She says he gives 3-part answers and asks if he is organized.
Shockingly, Anthony admits that he is not.
Before Anthony could get into his business model, Mark Cuban went out. He couldn’t invest since he had a similar company in his portfolio.
Lori Greiner followed, as she wasn’t passionate about the product.
Rohan, on the other hand, didn’t understand the product and ultimately went out as a result.
Barbara dropped out as well, stating that she loved her sticky notes too much.
This left Kevin O’Leary. He was concerned with scaling, but offered $300,000 for 25% equity.
Anthony attempted to counter at 20% equity, but Kevin refused. Anthony eventually accepted his deal and left
Find out how the company is doing today in our
mcSquares is one of the biggest
In Season 13, we got an official mcSquares update. Anthony shared that they recently moved to a 25,000-square-foot building that runs on wind power. They’ve planted 50,000 trees and hired more employees to help fill orders.
Further, the company has slightly rebranded its name to M.C. Squares.
Products are sold on Amazon and the company website and have thousands of positive reviews proving that the company is doing well and that Anthony has built a strong business.
We are excited to see where our next mcSquares update takes us!
In the meantime, if you would like to learn about the other companies featured on
For even more on companies and products, be sure to stop by our Season 11 products page.
Kimberly is a writer for Shark Tank Recap. She has written episode summaries and updates across multiple seasons of Shark Tank, with a focus on complete and accurate information since 2021. She believes that getting the business aspects of each deal correct is extremely important for viewers and fans. Her favorite Shark Tank products are The Wobbles and Rocketbook!