Plot

The sharks fight over a three-in-one nail polish.

In this episode of Shark Tank, several entrepreneurs presented their businesses seeking investments from the Sharks including Mark, Daymond, Kevin, Lori and Robert

The first pitch was for "Nail Pak," a versatile 4-in-1 nail product, and Barbara Lampugnale was seeking $50,000 for 20% equity. The product, which included nail polish, pads, remover, and a file, had a patent pending and cost $3 to produce, selling for $15. Although there were no significant sales yet, Barbara had invested $300,000 in product development, mainly for manufacturing. Mark passed on the deal, but Lori offered $50,000 for 51%, and Kevin offered $50,000 for 40%. Eventually, Lori came down to $50,000 for 40%, and Barbara accepted Lori's offer.

Next up was "Debbie Brooks Handbags," founded by Debbie Brooks and Paul D'Auriac. They sought $540,000 for a 20% stake in their custom made handbag business, featuring magnet-based interchangeable fronts that allowed customers to change the look of the bag based on mood and occasion. The company had two patents and had achieved $1.2 million in gross sales with a $685,000 profit. The average handbag sold for $285, costing $130 to make. The line is successful at jewelry stores as they sell high ticket items and the handbags are at a low enough price point to make an initial sales and then get the customer back for future business. Daymond thinks the patents are useless since there are many other ways to make interchangeable fronts. He is out. $1.6 million in projected sales and $400,000 in profits. Robert is out since he thinks the business is a bit confusing. Kevin is out as he thinks the valuation is twice of where it needs to be. Lori is out since she doesn't trust the patents they have.

Then, Lindsay Johnson and Nicole Bilsky pitched their product "Trimi Tank," offering interchangeable straps for tank tops. They sought $57,000 for 30% equity, but the product had only sold 100 units to date at $35 per unit. Despite attending flea markets, they saw little interest. Mark and Daymond both declined to invest, with Mark not interested in the fashion industry, and Daymond believing it was too early for them. Both Lori and Robert also opted out. Kevin was more blunt, telling them they needed to shut down the business. The entrepreneurs left without securing a deal.

The next pitch was for "Lollacup," a spill-proof Sippy cup founded by Mark and Hannah Lim. They sought $100,000 for 15% equity. The cup featured a weighted straw that kept the straw end in the liquid, and they had achieved $30,000 in sales over four months. The cup retailed for $18, wholesaled for $9, and cost $4.5 to produce. Kevin suggested they reduce the price to $10, with production costs lowered to $1.7 by moving manufacturing overseas. The product was patented, and they had an exclusive deal with a distributor, though no sales minimums were required. Lori is out as this is not her market. Kevin offers $100,000 for 50% contingent on overseas manufacturing. Mark finds that all their sales have to go through the sales agents and they get paid 15% off the top, all sales in the US. Daymond matches the offer contingent if they get out of the sales agent deal they have currently. Mark Lim counters with $100,000 for 40% to Robert. Cuban says yes, but Mark Lim dithers. Daymond offers $100,000 for 30%. Mark Lim dithers and Daymond is out. Mark & Robert accept the deal of $100,000 for 40%.

Finally, an update was given on "Talbott Teas" from Episode 305, where Steve Nakisher and Shane Talbott had made a deal with Kevin. The company had been acquired by Jamba Juice, and both entrepreneurs secured jobs within the company.