After much discussion the girls agreed to put the patent as part of the business. This throw a kink in the deal as all the Sharks withdrew their offers’ once they learned that the patent was not part of the deal. , a former Shark Tank-winning business in Columbia that. The girls asked Barbara if she would lower her percentage in exchange for an ownership in the patent. GiftCardRescue is an online platform for buying, selling and exchanging gift. Robert joined with Daymond and upped the offer to 500K. Daymond then offered 350K for manufacturing and would finance any future manufacturing for the existence of the company but demanded 65% of the company. They say their major problem is no one knows their business exists so they want to use the Sharks 350k for marketing, in exchange for 15% of the company.īarbara offered 350K for 40% but the money could only be used for product development and not for salaries. There initial order was 200k and company’s have began reordering. They produced a slipcover for Play Yards (play pens) and have been selling them in Target and to major hotels. Play Yards owners win $350,000 in exchange for 51% of companyįinally Amy Feldman and Allison Costa entered the Shark Tank with their product Coverplay. Robert and Kevin O offers 350K for 75% making Paul an employee, but Paul said no. Most of the Sharks saw no real way to franchise the business because he didn’t own anything unique. He was looking for 350k in exchange for 15% of his company. He created a method to easily remove graffiti using a chemical produced by another company. Paul Watts pitched his business Graffiti Removal Services, he planed to franchise his popular mobile graffiti service. Paul Watts requests $350,000 for 15% of Graffiti Removal Services He had no purchases or orders but still wanted 300k for 40% of his business. He trademarked popular coffee names for the toy and gift industry and is the only one in the US who can produce plush toys with the word cappuccino on them. Next up was Dan Claffey and his business Coffee Brands Gifts. Gift Card Rescue - Sharkalytics Gift Card Rescue Gift Card Rescue product review A web-based company that buys back and sells some of the 10 of all unused gift cards each year in the U.S. Dan Claffey asks $300,000 for 40% of Coffee Brands Gifts
Her business produces pink umbrellas that say, “Let your smile be sunshine” and flip-flops that leave positive messages in the sand. She was seeking 150k for 25% stake in her business. Gina Cotroneo and her business Soul’s Calling had one goal, to spread happiness with her line of positive message gifts. Gina Cotroneo seeks $150,000 from Shark Tank for 25% of Soul’s Calling
Kwame took the deal, and is on his way to his American dream. Robert offered to join the deal and up the offer to 200k for 50%. Kevin O offered 150k for 50%, Kwame countered with 40% but Kevin was unwilling to accept the change. Amazon has approached him and is looking at partnering with him. With little to no marketing he is on tract to sell 120k worth of gift cards this year. His business Gift Card Rescue is a website that buys gift cards at around 60% of their value and sells them back at 90% of face value. Kwame Kuadey was first into the Shark Tank to pitch his idea to reuse unused gift cards. Kwame also holds an MBA from Johns Hopkins University’s Carey Business School.Sharks offer $200,000 for Kwame Kuadey’s Gift Card Rescue He is a graduate of Middlebury College, with a BA in Economics. His business Gift Card Rescue is a website that buys gift cards at around 60 of their value and sells them back at 90 of face value. He was named to Baltimore Business Journal’s 40 under 40 list and is a 2014 winner of the prestigious EY Entrepreneur of The Year Award in Maryland. Kwame Kuadey was first into the Shark Tank to pitch his idea to reuse unused gift cards. Kwame has featured in The Wall Street Journal, Washington Post, Entrepreneur, Inc. 500 as one of America’s fastest-growing private companies and made the Inc. Gift Card Rescue was listed in the 2013 Inc. In addition to running the business, Kwame led the digital marketing team responsible for driving over $60 million in gift cards sales during the company's 8-year run. Prior to starting New Rhino, Kwame was CEO & Founder of Gift Card Rescue, which gained prominence when he successfully pitched his then startup on ABC’s hit show, Shark Tank (Season 1). In his role as CEO, he is responsible for the overall business strategy and growth. Kwame Kuadey is CEO and Founder of New Rhino Digital Media, bringing over a decade of digital media leadership and entrepreneurship experience.