Pitches from Shark Tank S05E03 – Rapid Ramen Cooker and More

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Note: No spoilers are below, as we are live blogging tonight’s brand new episode airing now

Tonight’s Shark Tank features Barbara Corcoran and Lori Greiner going head to head over several great companies, including a company that makes sprays that soothe children, a lightweight baby carrier, a cooking cap that keeps hair out of food (and cooking smells out of hair), and a ramen noodle cooker.

First up tonight: Fairytale Wishes Soothing Sprays

Debbie Glickman had a hard time getting her son to sleep, and then stumbled upon something that worked — lavender spray. Such were the beginnings of her business, which she does a nice job of pitching to the Sharks. That is, until she gets to her sales figures. Only $5500 in sales in 2012. Kevin O’Leary nearly comes out of his shoes.

Fairytale Wishes website

Freeloader Lightweight Child Carrier

Next in the tank are two firefighters from Austin, TX, Erick and Nathan, who are pitching their child carrier to the Sharks and asking for $200K in exchange for 15% of their company. While Robert takes enough interest to try out the character with the daughter of one of the entrepreneurs, the other Sharks are intent on poking holes in the business plan and product.

Will the Sharks invest? Buy a Freeloader carrier at the company’s website.

Two “Sassy Girls” Pitch Kookn’ Kap

kookn-kap-shark-tankJuli and Ozma from Los Angeles pitch the Sharks their simple way to keep cooking smells out of hair (and hair out of food). 1,729 caps have been sold in the last year. They’re asking for $50K for 20% equity. Will a funny spelling error keep the Sharks from investing? These entrepreneurs reveal their occupations, which seems to be helping their pitch.

More info on Kookn’ Kap

Rapid Ramen Cooker Starts Off With a Bang

shark-tank-rapid-ramen

Chris Johnson from Sacramento, CA doesn’t waste any time making an impression on the Sharks, pitching his ramen noodle cooker for $300K in exchange for 10% equity in the business. Mark Cuban doesn’t seem convinced of the need for the product.

Then Chris goes into his numbers, which are pretty darn good over the last 3 months.

Is Chris walking away from the tank with an investment? Stay tuned for the exciting conclusion of tonight’s Shark Tank!

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About Author

Andrew, a Chicago-based web professional and entrepreneur, has owned and operated InTheSharkTank since 2011. Some of his favorite past Shark Tank business pitches include UniKey, Lollacup, Daisy Cakes, and Pork Barrel BBQ. When he's not busy running the website or live-tweeting, Andrew actively pursues disappointment by following the Chicago Cubs, Bears, and Bulls. Google+

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