Sweep Easy Shark Tank Tale

Shark Tank Recap

In Season 2 Episode 6 , Shane Pannell appeared on Shark Tank seeking $40,000 for 25% – a $160,000 valuation for his broom with a scraper, Sweep Easy.

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

The Negotiations

• : He doesn’t want to be in the business of manufacturing when he could license it and collect a check.
  Offer: $40K for 20%
• : Expresses interest in the business.
  
• : He revises his offer
  Revised Offer: $50K for 20%
• : He wants to turn SweepEasy into a company
  Offer: $75K for 33.3%
• : She doesn’t see Shane as the kind of guy who can go through a finish line.
  Out
• : He wants it to go on television.
  Offer: $50K for 25%
• : He doesn’t want to fight with Kevin H and proposes they work together
  
• : He wants to control this product and feels he doesn’t need to partner with Kevin.
  
• : He thinks licensing is the only route to go and he is willing to join Kevin O.
  Offer: Robert and Kevin at $80K for 25%
• : He wants to join Kevin H. He’ll get the product into stores while Kevin H does the informercials.
  Offer: Daymond and Kevin H at $80K for 25%