Ep 3. Episode 3

Shark Tank season 12 episode 3 features a new set of aspiring entrepreneurs who present their innovative ideas to the sharks in hopes of securing investments. The sharks in this episode include Mark Cuban, Kevin O'Leary, Lori Greiner, Robert Herjavec, and guest shark Blake Mycoskie, the founder of TOMS Shoes.

The first pitch involves a unique skincare product designed to combat aging. The founder of the company impresses the sharks with her scientific research and clinical studies. She claims her product has been proven to increase collagen production and reduce the appearance of fine lines and wrinkles. However, the sharks express concern over the high price point of the product and question the market for such a luxury item.

Next, a husband and wife team present their innovative take on a traditional household item: the broom. Their product is designed to make sweeping more efficient and less of a chore through the use of a new technology. The sharks are impressed by the product's potential and the team's successful sales numbers. However, they express concern over the lack of patent protection and the potential for copycats to undercut their sales.

The third pitch is a unique concept for a food truck that serves healthy and customizable meals. The founders have created a unique ordering system that allows customers to choose from a wide variety of ingredients and create their own custom dishes. The sharks are intrigued by the concept and impressed by the founders' passion for healthy eating. However, they express concern over the crowded food truck market and the potential for the concept to become over-saturated.

The fourth pitch involves a new technology for managing and organizing business expenses. The founder has created an app that streamlines expense tracking and helps businesses stay compliant with tax regulations. The sharks appreciate the potential for the product in today's ever-changing business landscape. However, they express concern over the competitive nature of the market and the potential for existing players to dominate the space.

Finally, the episode features a pitch from a company that has developed a unique take on a popular beverage. The founders have created a new type of tea that is infused with CBD, a popular non-psychoactive ingredient derived from hemp. The sharks express interest in the product and the potential for the CBD market. However, they express concern over the regulatory landscape surrounding CBD and the uncertain future of the industry.

Overall, this episode features a diverse set of pitches with unique ideas and products. The sharks are impressed by the creativity and drive of the entrepreneurs and engage in lively discussions about the potential for each product. With five sharks in the tank, the competition for investments is fierce and the entrepreneurs must make a compelling case for their businesses. Tune in to see which pitches capture the attention and investment of the sharks in Shark Tank season 12 episode 3.