Bag Bowl on the Shark Tank Season 4 - Episode 4
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| Bag Bowl Demonstrated on "The Shark Tank" |
Bag Bowl - Brian & Kevin Flemming is looking for $40k in exchange for a 33% equity stake in their invention. You can basically take a plastic bag and turn it into a bowl with a round collapsible piece of plastic. They have invested $40k of their own money and want a license play for the product.
Keven O'Leary can't understand what is so special about this and doesn't think they will get the patent. They went to a large trade show and won an award for their idea but walked away with zero sales. Brian says they are
"pre-revenue start-up" which basically means they have not made any money from the
Bag Bowl.
Daymond John basically nails it with
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