"When you decide to join full-time" — Shark Tank's Daniel Lubetzky invests in The Kiids Coffee

ABC released an all-new episode of Shark Tank Season 16 this week, and some very fascinating products were pitched before the sharks. From creative lifestyle solutions to original food and drink concepts, the entrepreneurs gave it everything they had to get the experts to invest in their company. The Kiids Coffee, a company that offers a kid-friendly coffee substitute, was one pitch that really stuck out.

The founders of the product presented it as a low-caffeine, healthful alternative that would allow kids to enjoy coffee without the side effects. The presentation generated interest and discussion, even if some sharks questioned whether children needed a coffee substitute.

Daniel Lubetzky, the returning guest shark, showed particular interest in the brand. After listening to their vision, he made an offer of $50,000 for 20% shares. He did, however, include a special clause that he would return 5% as stock options provided the founder agreed to manage the business full-time.

Let's find out more about how the day ended for the founders of The Kiids Coffee.

Father-son duo pitches The Kiids Coffee on Shark Tank Season 16 Episode 12

In the latest Shark Tank Season 16 episode, a father-son duo made a touching pitch for The Kiids Coffee, a kid-friendly coffee substitute. They went into the tank hoping to raise $50,000 for a 10% share in their business. The product, which is made with natural components, offers a healthy and safe substitute that replicates the flavor and feel of regular coffee.

The owners emphasized the product's organic composition, minimal sugar content, and attractiveness to parents searching for better beverage options for their kids. They positioned The Kiids Coffee as a distinct and unexplored market opportunity by highlighting the expanding trend of kid-friendly food and drink items.

While some Shark Tank investors recognized promise in the brand's unique appeal, others questioned if youngsters needed a coffee substitute. Parental concerns, market demand, and the brand's future as a household staple were all topics of conversation after the pitch.

Shark Tank's Daniel Lubetzky made a conditional offer to The Kiids Coffee founders

After the entrepreneurs revealed their idea of selling their product in coffee shops, it caught the attention of many sharks, despite their concerns with the need for the product. Kevin O'Leary and Mark Cuban both tried to make an offer and sign a deal with the brand, however, it was only one shark who felt like the "right advisor" to the founders.

Daniel, who initially offered $50,000 for 20% equity, decided to add a clause after David and Ethan tried to negotiate his offer. While he made it clear that he wouldn't be reducing the equity percentage, he added a condition to his deal. He asked David, who is also handling another company, to join the venture full-time, and in exchange, the Shark Tank investor would return 5% equity as stock options.

David agreed to the terms and decided to shake hands with the billionaire.

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Head to ABC to watch Shark Tank Season 16 Episode 12 now.

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