Shark Tank Season 12 Episode 12 | Recap, Products, Deals
Shark Tank Season 12 Episode 12 Recap
Amazon productIf you’re in a hurry, here’s a quick rundown of everything during this week’s episode of
- Pitch 1: YoNo Clip
- Result: $150,000 for 30% equity
- Pitch 2: Nightcap
- Result: $60,000 for 25% equity
- Pitch 3: Rule Breaker Snacks
- Result: No Deal
- Pitch 4: MountainFlow Eco-Wax
- Result: $300,000 for 20% equity
YoNo Clip
- Entrepreneur: Michael Green and Bob Mackey
- Business: Clip to keep personal items off of the ground
- Ask: $150,000 for 15% equity
- Result: $150,000 for 30% equity
- Shark: Daymond John
The first product featured on
The YoNo Clip was initially funded through a Kickstarter campaign, which raised $10,000 in under 24 hours. Micahel and Bob explained that their company has only been selling for 2 months and has done $4,500 in that time. Currently, it retails for $20 and costs $10 to make.
Michael and Bob shared that with a deal from the sharks they’d be able to drive the cost down and could quit making them in their basement. After four of the five sharks had dropped out, Daymond John made an offer of $150,000 for 30% equity in YoNo Clip, mostly because he wanted to support Michael and Bob who also worked to help at-risk youth. John’s offer was accepted and YoNo Clip left the tank with a deal.
Nightcap Drink Cover
- Entrepreneur: Shirah and Michael Benarde
- Business: Drink cover to prevent drink spiking
- Ask: $60,000 for 20% equity
- Result: $60,000 for 25% equity
- Shark: Lori Greiner
The next pitch on Episode 12 came from brother and sister entrepreneurs Shirah and Michael Benarde. The Nightcap is a drink cover that functions as a scrunchie and works to prevent drink spiking. Shirah shared that she came up with the idea after a college friend had her drink spiked at a bar.
The drink protector can be worn as a scrunchie then easily pulled a drink to protect it from being spiked. It has a small opening for a straw to be inserted, so you won’t have to remove it when you want to take a sip. Shirah and Michael have been selling their product for 11 months, which has resulted in $68,000 in sales. However, over the past three months they have received a huge influx in sales due to a better-optimized website and targeted social media ads.
Before Mark, Barbara, Kevin, or Daymond could make an offer or drop out, Lori Greiner jumped in and made a great offer for the entrepreneurs. She shared that drink spiking is a huge problem for young women and wanted to do something to help. Further, she believed in the product design and felt like she could get the word out about it very easily. Lori offered $60,000 for 25% equity, and Shirah and Michael accepted the offer.
Rule Breaker Snacks
- Entrepreneur: Nancy Kalish
- Business: A healthy snack made from chickpeas
- Ask: $400,000 for 10% equity
- Result: No Deal
- Shark: None
Former health journalist turned entrepreneur Nancy Kalish appeared on
Since the launch of the snack food company, Rule Breaker Snacks has done an impressive $1.3 million in sales, with $500,000 in sales over the past 12 months. However, despite the large snack sales Nancy shared on
MountainFlow Eco-Wax
- Entrepreneur: Peter Arlein
- Business: Eco-friendly ski wax
- Ask: $250,000 for 10% equity
- Result: $300,000 for 20% equity
- Shark: Kevin O’Leary and Barbara Corcoran
The final pitch on
Peter shared with the sharks that he already has a large team of professional skiers and snowboarders behind the brand and is hoping to get a shark to help promote it further. Luckily, a couple of the sharks have hit the slopes a few times and Kevin O’Leary, Barbara Corcoran, and Daymond John were all interested in the company. Alternatively, Lori Greiner and Mark Cuban weren’t big on skiing and opted out.
Currently, Peter has two different products that customers can choose from. One is designed to be used by ski shops, while the other is for everyday skiers. Additionally, the wax has great profit margins and doesn’t cost very much to make.
This drew a lot of interest from the sharks and Barbara and Kevin quickly teamed up to offer $250,000 for 20% equity, while Daymond offered $250,000 for 25%. After a few rounds of negotiations, MountainFlow Eco-Wax made a deal of $300,000 for 20% equity with Kevin and Barbara.
For more recaps of
- Shark Tank Season 12 Episode 11 Recap
- Shark Tank Season 12 Episode 10 Recap
- Shark Tank Season 12 Episode 9 Recap
For more info on all of the Season 12 products and companies, be sure to check out our Season 12 products page.
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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!