Benjilock Shark Tank Tale

Shark Tank Pitch Recap

In Season 9 Episode 4, Robbie Cabral appeared on Shark Tank seeking $200,000 for 10% – a $2 Million valuation for his fingerprint padlock, Benjilock.

Here’s a quick recap before we dive into Benjilock Shark Tank update.

• : He wants to take Benjilock to a giant global distributor to do a licensing deal. “The game in licensing is forcing your partners to deliver.”
  Offer: $200K for 15%
• :
  Offer: $200K for 15%
• : She thinks Robbie needs a team behind him.
  Offer: $100K for 10%
• : He wants to join Barbara.
  Offer: Alex and Barbara at $100K for 10%
• : What Robbie has accomplished in phenomenal but he’s not the right person to license it.
  Out