In his return to the tank, Aaron Marino shows that he has put advice he received in Season 4 to good use. He has brought a line of premium care products that he presents with in-depth knowledge and style. Will the sharks invest in him this time around on
Shark Tank Pete and Pedro Update
- Entrepreneur: Aaron Marino
- Business: Men’s hair styling products
- Ask: $100,000 for 10%
- Result: $100,000 for 10%
- Shark: Barbara Corcoran
YouTuber, lifestyle guru, and men’s fashion blogger Aaron entered the tank to present his stylish premium line of hair products for men, Pete and Pedro. He explains how his strong online presence benefits his brand.
HIGH HOLD & LOW SHINE: Putty is an award-winning styling aid with high hold and low shine for a firm, yet pliable hold. MATTE FINISH: Putty is super versatile and is perfect for giving hair a matte, messy/not messy look but with more moisture than what a clay can offer.
After introducing his hair products, Aaron treated the sharks to a selection of samples. Barbara Corcoran commented on the great smell of the products. Kevin O’Leary was more interested in why Aaron thought this company would appeal to them when the other didn’t.
Aaron said that Pete and Pedro was already selling, with $800,000 accumulated until then, and $55,000 in sales for that current month. He commented that much of his success was due to his appeal as a YouTuber with 600,000 followers and 5.5 million views a month.
He stated that he attracted retailers like JC Penney and Chevrolet, but also commented that his two businesses were kept separate, which put Kevin off. Despite this, he made an offer of $100,000 for 20% equity, but only if the businesses would consolidate.
Aaron turned the offer down because he wasn’t putting Alpha M on the table again. Lori Greiner said this wasn’t the right product for her and went out. Robert Herjavec was also disappointed by the split companies, claiming that both of them would not get the same level of attention from Aaron.
Aaron was starting to reconsider his resistance to consolidation when Barbara made her offer. She wanted to invest $100,000 for 10%, but only for Alpha M, as she had no interest in Pete and Pedro. This made Kevin repeat his offer for both companies.
Robert matched Kevin’s offer, but Aaron countered Barbara’s offer, asking for $300,000 in return for 10%. Barbara agreed on the condition that Aaron would bring another shark into the investment. Robert showed interest but asked for 10% of the current range of products and 10% on any new products.
Aaron was wary of accepting Robert’s offer. He asked Barbara if she was still offering the $100,000 for 10% in Alpha M. Barbara said she was, and Aaron accepted it. He walked out of the tank with a deal for the company he originally brought to the tank seasons earlier. What do you think happened after this? Keep reading our Pete and Pedro update to find out.
Our Pete and Pedro update reveals that Aaron declined the deal with Barbara after the episode was filmed. He believed it didn’t feel right, and perhaps he was onto something. His companies have since been thriving, and he has amassed an even bigger YouTube following. You can purchase the hair products on the Pete and Pedro website as well as on Amazon.
Would you like to know more about the other companies appearing in Season 7 Episode 29? Follow the links below to read our other company updates for the episode.
For even more on companies and products, stop by our Season 7 Products Page before you go!