Products that appeared in Shark Tank season 16 episode 11

Shark Tank season 16 episode 11 | Image via Instagram/ @sharktankabc
Shark Tank season 16 episode 11 | Image via Instagram/ @sharktankabc

In season 16, episode 11 of Shark Tank, entrepreneurs walked down the red carpet to make their best pitches and shake hands with some of the industry experts. As FlaminGo, Bumpeez, Joyebells, and Lectec made it to the stage, some were able to get one of the biggest deals of their entrepreneurial journey, while others had to leave the stage with disappointed looks.

The most recent episode included a variety of inventive goods, ranging from cutting-edge tech gadgets to unusual lifestyle solutions, all competing for investment from business moguls such as Mark Cuban, Lori Greiner, and Kevin O'Leary. As four sets of founders entered the show with their best pitches, only three were able to get themselves great deals by the sharks.

Let's take a look at all the innovative, unique, and entertaining products and businesses that were showcased on episode 11 of Shark Tank season 16.


What are the products pitched on Shark Tank Season 16 Episode 7?

In episode 7 of the ongoing season of Shark Tank, four business owners were able to get an opportunity to showcase their products and try to get industry experts on board.

From FlaminGo, a pre-charged phone charger, to Bumpeez, an at-home bumper car, the unique items featured during this episode left everybody amazed.


FlaminGo

The episode kicked off with Smith Alan Baggett entering the stage with this unique product, FlaminGo Chargers. It is a pre-charged phone charger with a three-in-one tip that can be used for multiple devices at a time, including phones, earbuds, and speakers. Alan asked for $100,000 in exchange for 20% of his company shares to the sharks.

During his pitch, he revealed the cost price of the product, which is $3.65, and the selling price, $12.99-19.99. Impressed by the numbers, Barbara Corcoran, one of the Shark Tank judges, made a counter-over of 25% shares for the same amount. After a to and fro of negotiations, Alan shook hands with Barbara for 22%.


Lectec

Next in line was Lectec, founded by Jared Ebersole and Luke St. Amand. They pitched products focusing on children's education, such as easy-to-assemble bike kits, scooters, and electric skateboards. The founders asked for $100,000 for 10% company shares.

While talking about the motivation behind his innovation, Jared revealed how he has been fascinated with electric skateboards since he was 15 but due to the high cost, he couldn't afford one. After he revealed the numbers, Shark Tank's Robert wrote a cheque of $100,000 in exchange for 17.5 equity.


Joybells

It was a good day for everyone on Shark Tank. Joye B. Moore, the owner of Joyebells, entered the show seeking $600,000 for 10% for his packaged pies company. Even though the pies were a '10 on 10' for the sharks, the financial model and pricing didn't work out for the sharks. Moore has to go back home empty-handed.


Bumpeez

One of the most talked about products from episode 11 was Bumpeez by Michael Bergida and Israel Schaya. With an ask for $100,000 for 10%, the founders introduced their at-home bumping cars for kids, which was patented technology.

While testing and enjoying the dinosaur-bumping cars, the owners offended Barbara and Robert, as they neglected their offer and tried to get Lori and Mark on board. What almost felt like a lost game turned into a signed deal with the two by adding a $5 royalty to the deal for 15% equity.


You can watch the entire episode 11 of Shark Tank on ABC.

Edited by Debanjana
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