17 promising Shark Tank businesses that failed miserably

By Deeya

Modified Jan 08, 2025 07:36 ET

Still from Shark Tank (Image via Shark Tank)

5. You Smell Soap

Still from the show (Image via Shark Tank)

Founder Megan Cummins's product regarding luxury soaps was a hit with the sharks and Robert Herjavec even offered $55,000 for 20% equity and another $50,000 in salary. But Cummins stated that Robert did not contact her after the deal and wanted 50% equity instead. Cummins turned down the new deal and sold the company to another investor before the venture went defunct.

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Nick’s brown jacket by Theory

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Credits: Peacock

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Edited by Nimisha