Shark Tank: The Beebo gets A deal with Lori Greiner and Ashton Kutcher for $200,000

Erica Abbott

September 25, 2015

odditymall.com

odditymall.com

Martin Hill is the first into the tank looking for a $ 200,000 investment for a 20% for his product the Beebo.

The Beebo aims to enhance the bottle-feeding process by putting the product over the shoulder and putting the bottle within the holder, freeing up an additional hand.

guest shark Ashton Kutcher is the primary to query as to what the product is constituted of and the kinds of bottles that can fit.

Kevin O’Leary asks how he got here up with this product and he explains how he has a historical past as an electrical engineer and the way his son always preferred being learn to while being fed. they’ve made $ 20,000 when you consider that February.

He has nothing in retail but.

Lori Greiner and Robert Herjavec both fear in regards to the packaging then again, and Greiner even questions him as to why it’s referred to as the Beebo. He says his spouse shot down his authentic identify.

O’Leary is the first to make an offer at $ 200,000 for 33.three% of his firm.

so far, he has invested 108,000 and he initiatives 14,000 units.

Herjavec is the primary out for now not seeing the usefulness of the product, on condition that he by no means had that problem. Mark Cuban doesn’t see a reason behind wanting it both, therefore, goes out.

Kutcher explains that one in every of his favorite moments is feeding his daughter, alternatively, he doesn’t suppose he could assist him unless later in the course of. because of this, he goes out.

Greiner makes a proposal as well for $ 200,000 at 30%, but wants Kutcher in on it too. Kutcher consents.

closing deal: Laurie Greiner and Ashton Kutcher for $ 200,000 at 30%.

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