Plot

Comedy writer Bruce Vilanch presents a computer instruction project.

In the episode of "Shark Tank," several entrepreneurs presented their business ideas seeking investments from the sharks, including Mark, Daymond, Kevin, Barbara and Robert.

First up was Drew Beaumier with his "Drive Suits," which are motorized vehicle suits resembling Transformers toys. Drew requested $150,000 for a 20% stake in the business to fund patenting and manufacturing. Despite having no sales yet and being at the prototype stage, Drew won $25,000 in cash and prizes. Kevin wants to partner with toy companies for manufacturing and distribution. Had a provision patent which expired due to lack of funds. Drew does costume parties and charges $300-400 per day. Mark argues against going to a toy manufacturer as they wont pay upfront, they will take 6 months for a contract and wont pay 7% royalty since the product is too raw. Robert is out since there is no patent. Daymond is out since the economics of cost and revenue are not clear. Barbara is worried about legal liabilities and is out. Mark offers $150,000 for 40% to make 20 units and hire an engineer to optimize, take it the toy companies and see what happens. Kevin offers $150,000 for 30% contingent on deal with a toy company. Drew takes Kevin's deal. All the sharks say Drew made a mistake..

Next was "PC Classes Online," an instruction service for baby boomers founded by David A. Cox. He sought $150,000 for a 15% share of the company. David wanted to bundle his services with hardware manufacturers, targeting a retail price of $199 for one year. Wholesale for $99. Mark contradicts him by saying that David wants an add-on and not a bundle. Bundle is 2 things for single price, add-on is something sold after an initial sale. Kevin says that David is not a real businessman. David has 115 members with $35,000 in revenues. David doesn't pay his teachers and they make money by selling private lessons after each "add-on" session. David makes 30% commission from the private classes. Kevin is skeptical that David can ramp up it he adds-on the service onto a million laptops. Mark is super angry that David didn't say a single word about identifying his target audience and thinks that David wants everybody else to do his work for him. He is out. Robert is out, since the idea is 30 years too late. Kevin is out since valuation out of whack. Daymond is out since it was a bad presentation. Barbara is out since David hasn't put in the hard work. Note: Actor Bruce Vilanch makes a cameo to pitch for PC Classes Online.

Bill Lyons then presented "ReVestor," a real estate search engine that utilized an algorithm to predict house prices and identify investment opportunities. Seeking $250,000 for a 10% equity stake. They get raw data from listing companies, which Barbara says there are many and more. the sharks don't understand how the algorithm is predicting house prices. Bill is in 10 cities and no revenues. Bill made a $20 million company before in financial services. The current website gives data from multiple databases for $99 a month, while auction websites charge $50 a month. Bill is confused if he is after the regular home buyer, or the astute investor looking for foreclosure or auctioned properties. Mark is out and so is Daymond as they feel Bill will have a harder time explaining his business to consumers. Barbara is out as she is in real estate herself and doesn't see an algorithm replacing the brokers who have inside deals. Robert is out as he thinks Bill is a con-artist. Kevin respects Bill but is the last out.

The last pitch was for "Ice Chips," a healthy Xylitol hard candy business founded by Beverly Vines-Haines and Charlotte Clary. They sought $250,000 for 15% of the company to automate manufacturing and scale up. Last yr sales $360,000, this yr $342,000 year to date. Makes for $1, sells for $3. Selling more accounts and same accounts are ordering more. Need money to automate the manufacturing process and scale up. Bring the cost down to $ 0.77. Barbara offers $125,000 for 33%. Kevin convinces Barbara to jointly offer $250,000 for 40%. Barbara agrees to $125,000 for 20%, but wont work with Kevin. Mark joins Barbara $250,000 for 40%. Daymond offers $250,000 for 30%, but doesn't want to get into manufacturing. Robert is out. Kevin & Daymond offer $250,000 for 35%. The grannies indicate they will go with Mark and Barbara. Daymond drops Kevin and offers $250,000 for 25%. Grannies still go with Barbara and Mark.

In an update from a previous episode, Josh Cohen, the founder of Voyage Air Guitar, eventually made a deal with Kevin after initially walking away from him. Together, they pitched their technology to Fender Guitars and conducted successful tests on 150 guitars.