Plot

A mom from Milwaukee, Oregon, has a stylish clothing line for little ones; an 18-year-old from Canton, New York, hopes the Sharks can help spread his maple syrup products to tables across America; a woman from Houston, Texas, risks everything for her multi-use kitchen accessory; and a young man from Milwaukee, Oregon, creates a new type of tags for dog lovers.

Sharks attending are Mark, Barbara, Kevin, Lori, and Robert.

"SandiLake Clothing" is a children's clothing line owned by Melissa Lay. Melissa ask is $100,000 for a 10% stake in the company. Over the past two years, SandiLake Clothing has generated $340,000 in sales, with a year-to-date revenue of $67,000. The clothing line is primarily sold online. However, sales have been declining this year. Kevin has decided to withdraw his support. The decrease in sales is attributed to the diminishing publicity from a viral video Melissa had two years ago. In order to boost sales, Melissa would need to invest a substantial amount of money in public relations, which is not feasible. Consequently, Mark has also opted out due to the significant financial commitment required. Robert has withdrawn his offer as well, citing the sliding sales. Barbara, however, proposes a new deal: $100,000 for a 40% stake in the company, contingent on a partnership with Grace and Lace. Barbara later withdraws her offer when Melissa expresses interest in hearing Lori's proposal. Ultimately, Lori decides not to invest, as she believes Melissa can continue to succeed independently. With no viable offers, Melissa is forced to exit the negotiation.

"Parker's Maple" is a brand specializing in maple syrup, maple butter, and related products. The business is owned by Joshua Parker, an 18-year-old entrepreneur. Joshua seeks $200,000 investment in exchange for a 20% stake in the company. Parker's Maple has achieved impressive sales of $1.5 million this year and has received a $100,000 order from Costco. Their products are priced at $12, with a production cost of $8.46. The company carries a total liability of $300,000, but also possesses production equipment valued at $180,000 and $180,000 worth of inventory. The sales figures are dependent on successfully entering 100 Costco clubs by the end of the year. Barbara withdraws her offer based on optimistic business growth projections. Mark offers some packaging and pricing advice but ultimately decides not to invest, realizing that the business would need to grow significantly for his investment to be viable. Robert opts out as the business does not align with his investment portfolio. Lori declines to invest due to the low profit margins, and Kevin follows suit as the business is currently not profitable.

"SafeGrabs" offers silicone mats for versatile kitchen use. The company is founded by Cyndi Lee, who seeks $75,000 investment in exchange for a 10% stake in the business. SafeGrabs sells its products through Amazon and boutique stores, with year-to-date sales totaling $165,000. Barbara has observed similar product variations, and the company has a pending patent. SafeGrabs holds $50,000 worth of inventory and is projected to break even this year. Mark decides not to invest as it does not align with his investment preferences. Barbara withdraws her offer, recognizing that the market competition is not favorable. Kevin opts out, acknowledging the challenges associated with growing the business. Robert declines to invest, stating a lack of personal interest in the product. However, Lori presents an offer of $75,000 for a 30% stake. After negotiation, Cyndi settles on a deal with Lori for a 25% stake.

"SiliDog" specializes in pet identification tags made of silicone. The business is owned by Mikey Lickstein, who seeks a $100,000 investment in exchange for a 15% stake. SiliDog's silent pet tags are priced at $20, including free shipping, with delivery within 3-5 days. The tags can be fully customized online, and their durability surpasses that of traditional plastic tags. SiliDog has secured partnerships with 60 stores and has generated $142,000 in sales within 14 months. The business wholesales its products to retailers for $9, and Mikey envisions licensing opportunities targeting sports fans, among others. Mikey requires additional funds for inventory and increasing sales volume. Kevin declines to invest, citing the business as not meeting his investment criteria. Mark opts out due to his lack of involvement in the pet industry. Barbara withdraws her offer, as she deems Customizable businesses to be niche and not easily Scalable. Robert proposes a deal of $100,000 for a 50% stake, but Lori counters with an offer of $100,000 for a 51% stake. Mikey negotiates further and settles on a deal with Lori for a 25% stake.

"Kevin O'Leary" shares his personal journey to business success. He was born into a working-class family, with an Irish father and an Eastern mother. His father sold winter clothing but passed away when Kevin was only seven years old. Kevin's mother remarried a member of the International Labour Organization (ILO), which is part of the United Nations. As a result, Kevin lived in various countries such as Cambodia, Tunisia, Japan, and Switzerland. Initially, Kevin aspired to become a photographer after college and even embraced a hippie lifestyle for a few years. However, he eventually returned to school and founded a company that developed software programs for networks. This venture evolved into a learning company that he eventually sold for $4.2 billion. Kevin takes pride in his capitalist mindset.