Classroom Jams Shark Tank Summary
|Episode||Season 1 Episode 2|
|Business||educational record label and publishing house designed to get students into learning about classic works of literature|
|Asked For||$250,000 for 10%|
|Accepted Offer||$250,000 for 100%|
|Shark||Kevin O’Leary, Kevin Harrington, Barbara Corcoran, Daymond John, Robert Herjavec|
|Business Status||Acquired, Out of Business|
What is Classroom Jams?
Classroom Jams is a company invented to aid children learn classic works of literature. The company aims to change the dynamics of how students interact with the works of classic literature, including Shakespeare, while reading. Its product line includes a series of class sets on multiple subjects, including history and science. This set consists of 30 compact discs and a teacher’s guide.
Who Founded Classroom Jams?
Marc Furigay is the founder of Classroom Jams. He taught English in public high school for eight years. Mr. Furigay had previously worked as the Director of Education at Street-Level Youth Media. Besides, he also has experience as an Instructional Coach at Kaplan K12. Currently, Marc Furigay is a teacher of English at the Dyett High School for the Arts.
Mr. Furigay graduated from the University of Chicago for M.A.T English and the University of Virginia for M.A English. He was frustrated by a peculiar lack of engagement by his students while studying literature, particularly the classical works of Shakespeare.
He decided to develop an idea to make the lessons more interactive and add to a new dimension of how the students learned literature. He developed songs concerning Shakespeare’s works of art and copyrighted all songs in the resulting album. He is a motivated entrepreneur seeking to capture the attention of like-minded partners to foster a functioning record label and publishing house.
Before featuring on Shark Tank, Mark had written multiple songs and wanted to develop a publishing house and an educational record label. However, he had not actualized his business idea, meaning he hadn’t made any sales yet.