Shark Tank Season 12 Episode 16 introduces a chef from Philadelphia, Pennsylvania, who introduces his way to eat healthier meals. An entrepreneur from Lewes, Delaware, pitches her line of stress-relief tools. A pair of entrepreneurs from Holstein, Iowa, pitch their innovative apparel that keeps your drinks cool and your hands-free. An entrepreneur from Rochester, Minnesota, shares her solution to keeping babies busy and entertained.
Season 12 Episode 16 in depth
Guest sharks this season 12 include Blake Mycoskie, founder of TOMS and co-founder of Madefor, and Kendra Scott, founder and CEO of Kendra Scott LLC. Returning guest Sharks include Alex Rodriguez, baseball player and founder and CEO of A-Rod Corp, and Daniel Lubetzky, founder and executive chairman of Kind.
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Failure holds the seeds for greatness. So long as you water those seeds with introspection, they can be the root of your success.Daniel Lubetzky
We listed below every entrepreneur and business who has appeared on Shark Tank Season 12 Episode 16. Many scammers claim they’ve received big investments from the Sharks or they have been on the show. They were not actually on Shark Tank if you don’t see a business on this list. Some of the top places you can use to check are on Wikipedia and also ABC’s episode guide.
List with all the appearances in season 12 episode 16:
- Simply Good Jars – Ready to Eat Meals in a Jar
- Busy Baby Mat Placemat
- Muff Waders – Beer Cooler Overalls
- Pinch Me Therapy Dough
Shark Tank Air Date: 03/05/21 – Season 12 – Episode 16
Simply Good Jars – Ready to Eat Meals in a Jar
|$500,000 For 7%||$500,000 For 10%||Mark Cuban and Lori Greiner|
Entrepreneurs: Jared Cannon
Simply Good Jars are chef-made, ready-to-eat meals that are good for you and the planet. Founder and chef Jared Cannon uses only high-quality ingredients, low-touch packaging, and a sustainable business model. Customers after they are done with the meal, scan the QR code on the jar to pledge to repurpose, reuse, or recycle your jar. This way you help to reduce what goes into landfills and also Simply Good Jars will donate to a local food organization to help feed someone in need.
Some of the Simply Good Jars’ chef-made, ready-to-eat meals by the jar include Smoked Salmon, Chicken Quinoa, SouthWestern Cobb, Heavenly Pesto and Simply Greek. These chef-made, ready-to-eat meals are sold between $9-$11 and it cost around $2.50-$3.50 to make a single jar. The company still loses an average $900 000 a year, although it shows an increase in sales and in 2020 generated $475,000.
Chef Jared Cannon launched his business idea with a $1,000 loan in 2017. In the 2020 Greater Philadelphia Award selected Jared as the Entrepreneur of The Year®. After closing the deal with Mark Cuban and Lori Greiner, Simply Good Jars continue to grow and extends its distribution network with more stores including 7-Eleven stores across Brooklyn, New York City, Long Island, and Pennsylvania’s Rutter’s.
Muff Waders – Beer Cooler Overalls
|$25,000 For 20%||NO DEAL||NO SHARK|
Entrepreneurs: Taylor Nees and Garrett Lamp
Shark Tank Season 12 introduces Taylor Nees and Garrett Lamp, the creators of Muff Waders. This is a unique product that is a six-pack cooler on the chest created by a pair of hefty bib sewn into the chest area with overalls with an insulated cooler pouch. Surprisingly for the sharks Muff Waders generated over $54,000 in sales in just a few months.
There are two pockets located on the side of the leg that can hold 1/5 of liquor, a bottle of wine, etc. nice and snug. Muff Waders started their journey after a campaign on Kickstarter, raising over $10,000 but missing their goal of $135,000.
Unfortunately, their business didn’t attract any investment from the sharks and Taylor Nees and Garrett Lamp left without a deal.
Busy Baby Mat Placemat
|$250,000 For 5%||NO DEAL||NO SHARK|
Entrepreneurs: Beth Fynbo
In Shark Tank Season 12 Episode 16, Beth Fynbo pitched her company, Busy Baby Mat, which is a no-slip silicone placemat for babies that is designed to keep them occupied at the table. This is a food-grade silicone mat that sticks to any surface. The mat is dishwasher safe and it is available in six different colors and sells for $29.99 while it and cost only $6 to manufacture. . Another cool feature is that can be easily rolled up and taken with you.
This children’s placemat was designed to withstand the tugging, pulling, and prodding from a child while remaining stationary. The mat has no Phthalates, BPA, BPS, or PVC. Beth’s forecast was till the end of 2020 to generate around $900,000 in sales.
The baby can pick up food from the silicone surface and also prevent a dirty mess from happening. Despite not being able to close a deal with the sharks, the Busy Baby Mat Recognitions was featured and received recognition in several magazines, shows Mom’s Choice Awards Honoring Excellence, Forbes Magazine in their “Best Gifts for Babies and Toddlers.”, the ABC 6 News “Made in the Midwest”.
Pinch Me Therapy Dough
|$300,000 For 7%||$300,000 For 20%||Robert Herjavec|
Entrepreneurs: Nancy Rothner
A clinical hypnotherapist Nancy Rothner presented her line of aromatic therapy dough Pinch Me in Shark Season 12. This soft, pliable dough is infused with calming aromatherapy. Pinch Me Therapy Dough is a squishable putty that channels relief through the senses with its aromatic scent, soft texture, and calm color.
She launched Pinch Me Therapy Dough in late 2014 and with over $5 million in lifetime sales before airing on Shark Tank, Nancy definitely attracted the sharks. The costs depend on the jar size between $4.50-$7.50 and are selling for $14.99-$24.99. This calming, sensory dough works as thinking putty and a stress reliever. It is great for natural relaxation and mood-enhancing properties.
In this Shark Tank Episode Nancy Rothner received several offers and after a negotiation was able to close a deal with Robert Herjavec for 20% which reduced her company valuation.
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