‘Shark Tank’ Live Episode Recap: Underwear, Booger Picker, Pizza Pack

ABC shark tank went live Friday night for its Season 14 premiere, culminating in an offering like no other.

For the first time ever, Mark Cuban, Barbara Corcoran, Lori Greiner, Robert Herjavec, Daymond John and Kevin O’Leary were joined by studio audiences as they received unedited and unfiltered pitches from thoughtful entrepreneurs. hope – and for one night only, home viewers were asked whether our Sharks should take the plunge and make an investment. (The series returns to its regular pre-recorded format next week.)

So, how many deals were closed in real time? And what sort of offer did Cuban make to the third and final contractor of the evening? Keep reading to find out…

LOCATION NO. 1: COMPOSTABLE UNDERWEAR | Jeff and Stacy Grace enter the Tank seeking $200,000 in exchange for 5% of their business: Kent, maker of the world’s first compostable underwear. (When their time is up, you can literally stick your pants down!) They’re about to make $500,000 this year, but they’ve valued the business at $4 million—ouch! Not in their favor either: a pair of their eco-friendly skivvies cost between $20 and $24, which is more than the average American can afford.

Mark taps, followed by Daymond. Barbara makes them an offer – $200,000 for 20% – but it drastically reduces their valuation. Robert then turns to the studio audience for a show of hands, to see how often the average American buys new underwear. ABC then opens the polls for home viewers to weigh in during the commercial break. After seeing the results, Robert makes the couple an offer: $200,000 for 15%. Lori matches that offer, then Daymond comes back – same offer! Jeff and Stacy came hoping to partner with Daymond, so they agree to his deal.

LOCATION NO. 2: BABY PICKER BOOGER | Sina and Nina Farzin enter the Tank seeking $400,000 for five percent of their business: Oogiebear, a line of products that helps kids (and parents!) breathe easier. That’s an $8 million valuation, but they’ve got the sales to back it up. Since 2015, they have earned over $15 million. This year alone, they are on track to make $5.4 million in sales and $1 million in profit.

shark tank liveKevin cuts Nina to make a deal. Believe it or not, he says, he doesn’t have a nose picker in his wallet. So he offers them $400,000…for 10% of the business. Daymond taps, then Lori steps in. But before she makes them an offer, we have our second viewer poll: Do you have trouble choosing baby boogers? The results clearly have no real impact on Lori’s decision, who comes up with an offer: $400,000 for 10%…but she would like Mark to go with her. They raise equity to 12%, then Barbara comes in with her own offer: $400,000 for 10% – and if she can’t grow their sales to $400 million in two years, she’ll give them back half of their stock. . . (Whoa!) Robert walks in with Barbara, and they raise their offer to $600,000 for 10%. OK!

shark tank liveLOCATION NO. 3: COLLAPSIBLE PIZZA CONTAINER | Tate Koenig, who appeared in Season 12 and left with no deal for the Cheese Chopper, returns with the Pizza Pack, a collapsible pizza storage container that can store a single slice or an entire pie, and comes with five trays dividers that not only keep slices separate during storage, but double as microwaveable pizza plates. You can also reheat the whole pie in the container, all at once. He makes them for $4 a pack and sells them for $24.99. In just five months, he made over $250,000 in sales. He wants $100,000 for 10% of the business.

Mark is not interested in any part of the business; he wants the whole pie. As they head into the final commercial break, he tells Tate to think about what it would cost to buy his company. After the break, Tate asks for $5 million, which Mark calls “crazy,” but he tells Tate to keep thinking while listening to the other Sharks. Mark eventually offers her $1.5 million for the Pizza Pack, but Tate enters the Tank determined to work with Lori. He rejects Mark’s offer, as well as Kevin’s offers (who offers him $100,000 for 10%…but charges a $1 royalty until he gets his $100,000 back, in which case the royalty drops 50 cents in perpetuity) and Daymond (who offers her $100,000 for 20%) and accepts Lori’s offer: $100,000 for 13%.

What did you think of shark tankis the premiere of season 14 live? Would you like to see another live episode in the future of the show – or was one live episode more than enough? Have your say through the following polls, then react in the comments.