Shark Tank Season 12 Episode 20 Episode 20
- TVPG
- April 9, 2021
- 43 min
-
7.0 (26)
In episode 20 of Shark Tank's twelfth season, the Sharks are once again ready to hear pitches from budding entrepreneurs looking to secure an investment from one of the sharks to grow their business quickly. The episode features a diverse range of businesses that are all looking for a new infusion of cash to either ramp up production, launch new products, or simply take their company to the next level.
First up is a father-daughter team with a unique product that has the potential to be a game-changer in the world of cleaning. The product is a cleaning solution that is all-natural, non-toxic, and safe for use around the home. The team has already secured some distribution deals with a few big-name retailers, but they need help scaling up their production to meet demand. They're looking for $200,000 in exchange for a 10% stake in their company.
Next, a food entrepreneur pitches her innovative take on a classic snack food - popcorn. Her popcorn product comes in a range of flavors that are all made with natural ingredients and free of preservatives. She has already managed to get her product into a few local stores, but in order to expand her distribution nationwide, she needs an investment of $100,000 for a 10% stake in the business.
The third entrepreneur is a social media influencer who has built up a massive following on Instagram. She has taken her passion for fashion and turned it into a successful clothing line that she promotes heavily on her social media accounts. However, she has hit a roadblock when it comes to scaling up her business, as she lacks the infrastructure to handle the increased demand. She's asking for $100,000 in exchange for a 15% stake in her company.
Another entrepreneur featured in the episode is a founder of a pet fashion company. The company produces high-quality, fashionable accessories for pets, and has already built up a loyal customer base. However, the founder lacks the necessary funds to expand the product line and reach a wider audience. She's looking for a $250,000 investment in exchange for a 20% stake in the business.
Lastly, a group of entrepreneurs pitches their new take on an old classic - candy. They have come up with a unique twist on a classic favorite that they believe will resonate with audiences of all ages. However, they need a significant amount of capital to get their production up to scale. They are asking for a $500,000 investment in exchange for a 15% stake in the company.
As the pitches progress, tensions rise as the entrepreneurs must field tough questions from the Sharks about their financial projections, their business plans, and their goals for the future. The Sharks also debate amongst themselves as they weigh the risks and rewards of each investment opportunity. As always, it's a thrilling and unpredictable episode as the Sharks navigate the precarious waters of the business world.