Shark Tank Season 12 Episode 13 | Recap, Products, Deals
Shark Tank Season 12 Episode 13 Recap
Amazon productBelow, you’ll find a quick breakdown of everything that happened during Season 12 Episode 13 of
- Pitch 1: Jax Sheets
- Result: No Deal
- Pitch 2: The Pizza Cupcake
- Result: $125,000 for 12.5% equity and 2.5% advisory shares
- Pitch 3: IceBeanie
- Result: $50,000 for 30% equity
- Pitch 4: Draft Top
- Result: $300,000 for 20% equity
If you’d like more details on each company, be sure to read our full recap below.
Jax Sheets
- Entrepreneur: Wen Muenyi
- Business: Stench free bed sheets and clothes
- Ask: $212,000 for 10% equity
- Result: No Deal
- Shark: None
The first company to appear on Season 12 Episode 13 was actually two companies — Jax Sheets and HercLeon. Both founded by Wen Muenyi, one company sells bedsheets while the other sells clothing. Each companies products are made using HercFiber, which is designed to last longer before it gets stinky. However, the main focus of the pitch was on Jax Sheets.
Jax Sheets was founded via a Kickstarter, which raised over $350,000 with a goal of just $5,000. The campaign wrapped only a few weeks before appearing on
Unfortunately, due to the newness of the business, lack of sales outside Kickstarter, and too many areas of focus, Jax Sheets and HercLeon left the tank without a deal.
The Pizza Cupcake
- Entrepreneur: Andrea Meggiato and Michelle Jimeney
- Business: Bagel shaped pizza
- Ask: $125,000 for 5% equity
- Result: $125,000 for 12.5% equity and 2.5% advisory shares
- Shark: Lori Greiner
Founded by Andrea Meggiato and Michelle Jimeney, The Pizza Cupcake appeared on
In the last 12 months, The Pizza Cupcake did $344,000 in sales and has done $77,000 year to date. Andrea and Michelle shared that they are planning to finish the year at over $800,000 in sales. Additionally, it currently costs $0.95 to make a pizza cupcake, but Andrea and Michelle believe they can reduce the price to $0.48 if they get a deal.
Despite the strong sales, some of the sharks were wary of making an offer due to the frozen foods aspect of the business. However, Lori Greiner, who had made a similar deal with Bantam Bagels in Season Season 6, was willing to give them a shot. Lori’s initial offer was $125,000 for 20% and Andrea and Michelle were able to negotiate it to $125,000 for 12.5% equity and 2.5% in advisory shares.
IceBeanie
- Entrepreneur: Nic Lamb
- Business: A beanie with ice packs
- Ask: $50,000 for 20% equity
- Result: $50,000 for 25% equity
- Shark: Mark Cuban
Pitched by professional surfer Nic Lamb on
Despite only being live for a few months, IceBeanie has already sold 2,500 units, which has resulted in $100,000 in sales. Additionally, Nic has used his leverage as a professional athlete to get some athletic influencers to help promote the product.
All of this was enough to interest Mark Cuban, who said if all else failed he could get them into the Dallas Mavericks locker room. Mark offered him $50,000 for 30% of the company and Nic negotiated the deal to $50,000 for 25% equity. However, after agreeing to the deal, Robert Herjavec and Daymond John both expressed interest in making an offer. Daymond even offered Nic $100,000 for 25% after the deal with Mark had been made.
However, Nic honored his deal with Mark and IceBeanie left the tank with a new partner.
Draft Top
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- Entrepreneur: Patrick Parizo and Armand Ferranti
- Business: Easily remove the top of an aluminum can
- Ask: $300,000 for 10% equity
- Result: $300,000 for 20% equity
- Shark: Daymond John
The final pitch on
However, after trying it for themselves, the sharks had a hard time removing the top without making a mess. Patrick and Armand said they had received some similar feedback from customers and had released a variety of training videos and FAQs to help address the problem.
Despite the negative feedback from its customers, Draft Top has managed to sell over $2 million in product over the companies lifetime, with $1.6 million coming in the last 8 months, partly in thanks to a successful Kickstarter. At the time of the pitch, a Draft Top costs $24.99 retail and $4.13 to make.
The fact that it was hard to use was enough to make most of the sharks weary, but Daymond John expressed interest and offered $300,000 for 20% equity. Patrick and Armand accepted the offer without hesitation and Draft Top left the tank with a deal.
For more
- Shark Tank Season 12 Episode 12 Recap
- Shark Tank Season 12 Episode 11 Recap
- Shark Tank Season 12 Episode 10 Recap
Additionally, for Season 12 company updates, 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!