Shark Tank season 12 episode 20 Recap and FAQ

Episode Summary

OpulenceMD Beauty, a luxury eyelash extension brand by Anika Goodwin Hilderbrand, impresses Sharks with $685,000 in sales and lands a $125,000 deal for 20% equity with Kendra Scott. FitFighter's update shows significant growth post-investment. Tate Koenig's Cheese Chopper, a versatile cheese slicing and storing tool, fails to secure investment due to market and product concerns. Melissa Clayton's The Matte, creating extra bathroom counter space, clinches a $100,000 deal for 33.33% equity with Lori Greiner. FurZapper, a pet hair remover for laundry by Harry Levin and Michael Sweigart, excites the Sharks with $2.2 million in sales and partners with Lori Greiner for $600,000 at 15% equity.

Full Episode S12E20 Recap

### Introduction - **Narrator Introduction**: "Shark Tank" episode featuring Kendra Scott, a successful jewelry brand founder. - **Sharks Teased**: Various Sharks express enthusiasm and skepticism about the upcoming pitches. ### OpulenceMD Beauty Pitch - **Anika Goodwin Hilderbrand's Entrance**: Anika presents her company, OpulenceMD Beauty, seeking $75,000 for 5% equity. - **Product Description**: Luxury eyelash extension products that are easy to apply and free from harmful chemicals. - **Sharks' Engagement**: Sharks engage with the product, trying on the eyelashes, and discussing details. - **Business Details**: Anika reveals impressive sales of $685,000 since February and profitability from the last month. - **Investment Discussions**: Kendra Scott offers $100,000 for 20%, which Anika counters. They settle on $125,000 for 20%. ### FitFighter Update - **Sarah Apgar's Journey**: An update on Sarah Apgar's FitFighter, which received investment from Daniel Lubetzky. - **Company Growth**: Post-"Shark Tank" sales boom, reaching nearly $900,000 in a few months. - **New Developments**: Expansion into online training and securing significant purchase orders from major retailers. ### Cheese Chopper Pitch - **Tate Koenig's Presentation**: Introduces the Cheese Chopper, seeking $75,000 for 10% equity. - **Product Demonstration**: Demonstrates a device designed for slicing, shredding, and storing cheese. - **Business Analysis**: Sharks question the product's market fit, competition, and Tate's business strategy. - **Sharks' Decision**: All Sharks eventually opt out, citing concerns about market readiness and competition. ### The Matte Pitch - **Melissa Clayton's Entrance**: Presents The Matte, asking for $100,000 for 20% equity. - **Product Demonstration**: Showcases a foldable mat that creates extra counter space in bathrooms. - **Business Performance**: Reports $200,000 in sales over three years primarily through word of mouth and influencer marketing. - **Investment Negotiations**: Lori Greiner offers $100,000 for 33.33%, and despite initial reluctance, Melissa accepts. ### FurZapper Pitch - **Harry Levin and Michael Sweigart's Presentation**: Introduce FurZapper, asking for $600,000 for 10% equity. - **Product Demonstration**: A pet hair remover for washers and dryers, proven effective in demonstrations. - **Financial Success**: Impressive sales figures, including $2.2 million last year and projected $4 million this year. - **Investment Battle**: Multiple Sharks make offers, with Lori Greiner ultimately securing a deal for $600,000 at 15% equity. ### Episode Conclusion - **Closing Remarks**: The episode concludes with the Sharks reflecting on the day's pitches and the deals made.

Frequently Asked Questions

What is OpulenceMD Beauty?

A luxury beauty brand specializing in eyelash extension products that are easy to apply and free from harmful chemicals.

Who founded OpulenceMD Beauty?

Anika Goodwin Hilderbrand.

What was the investment deal for OpulenceMD Beauty?

$125,000 for 20% equity with Kendra Scott.

What is the Cheese Chopper?

A kitchen device designed for slicing, shredding, and storing cheese.

Who invented the Cheese Chopper?

Tate Koenig.

Did the Cheese Chopper secure an investment on Shark Tank?

No, all Sharks eventually opted out.

What is The Matte?

A foldable mat that creates extra counter space in bathrooms.

Who presented The Matte on Shark Tank?

Melissa Clayton.

What deal did The Matte receive on Shark Tank?

$100,000 for 33.33% equity with Lori Greiner.

What is FurZapper?

A pet hair remover for use in washers and dryers.

Who are the founders of FurZapper?

Harry Levin and Michael Sweigart.

What was the investment deal for FurZapper?

$600,000 for 15% equity with Lori Greiner.

What are the sales figures for FurZapper?

$2.2 million in sales last year with a projection of over $4 million for the current year.

Where is FurZapper sold?

In every Walmart across the country and through other channels.

Does FurZapper have patents for its product?

Yes, in the United States, Canada, China, and European Union countries.

Shark Tank season 12 episode 20

OpulenceMD Beauty, The Cheese Chopper, The Matte, Furzapper