Trunkster Shark Tank Update
| Pitch | zipperless smart luggage designed with a builtin GPS, digital scale and charging station |
|---|---|
| Entrepreneur | Gaston Blanchet and Jesse Potash |
| Asked For | $1400000 for 5% |
| Deal | $1,400,000 for 5% equity stake and the investment must be repaid within 2 years |
| Shark | Mark Cuban, Lori Greiner |
| Shark Tank Tax | 0% |
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I saw nothing but yellow flags with that pitch: absurd valuation on nothing but pre-sales, fairly generic product (granted, maybe these types of suitcases were not a thing back in 2015), and two founders that seemed to live in la-la land. I thought that the sharks would laugh them out of the room. Was shocked to see that any offer was made, let alone three. Now, here we are.
Well i knew they’d go out of bussines just by looking at their attitude
I’m binge watching shark tank on Netflix during the lockdown and I felt the same, so googled and landed here.
Same.
TOTALLY AGREE! Narcissists who constantly interrupted with disrespect. Hated them the minute they walked in.
These two boys were so arrogant and full of themselves; I am not surprised they landed on their faces. Expecting everyone else to make them rich, while putting little work into their invention other than the idea. Cute bag, but I am sure their ideas have been thought of in other luggage manufacturing circles. Just a shame so many people lost their money, like a Bernie Maddow scheme if you ask me!
Two absolutely arrogant jerks who thought they’d reinvented the wheel. In the end, they couldn’t deliver, failed, and ripped off people, it seems, by the thousands. Thankfully their names are cocognizable and Lori and Mark were smart to bail and not get stuck with these arrogant fools.
I apologize for my auto-dictation error. “Recognizable”.
Yup…couldn’t believe any Sharks were eating the shit being fed to them.
I just watch part of this pitch and missed seeing the bag so I looked it up on the internet. I suggest adding a disclaimer to the show so people will know that the deal fell through and the two guys are out of business.
And did anyone suspect that they were more than just “best friends”?
What are you implying?
I think it’s pretty obvious what she is implying lmao.
Wooooooosh.
Same here… Immediately after they constantly started interrupting the sharks I was already bored with their whole existence .Felt that their story would fail. My remark is from now 2023 jun and I saw the serie of 2015.So I wondered what happened with these two dumn boys.
I’m also bingeing Shark Tank and couldn’t stand these two! They got what they deserved!
So glad to see CUBAN the moon bat lose, he usually gives money to the attractive crying females on his show, cuban is a loser
That’s not very nice.
Hey Mark Christopher! No need to make insults or take personal swipes at people. Stop sucking your thumb and grow up. Also, please learn to read: “The Shark Tank deal fell through and neither Lori nor Mark are involved with Trunkster.” Neither one lost a dime.
I’ve seen roughly 90% of all Shark Tank episodes:..
This is the worst deal I’ve ever seen Mark or Lori make on the show.
Might be tied for worst deal I’ve ever seen on the show.
I was left in disbelief that Mark & Lori basically went along with their absurd $28 million evaluation.
When watching this segment I mentally did the 1.4 million for 5% calculation about 3 times to verify that I was understanding what was happening.
I still can’t understand their rationale for making the offer. Its like they were all high on something.
But it looks like they came to their senses before closing the deal.
Maybe I should pitch a remote controlled suitcase and see who bites. 😂
I was wondering if Mark and Lori lost their money. Thanks for the info.
I’ve owned the trunkster.com domain for almost 20 years. These guys tried to buy it off me but I refused. They started using trunkster.com email addresses anyway and to this day I still get emails addressed to them. These days it’s mostly requests to pay overdue invoices. I wonder if half the reason for their failure was due to the fact they didn’t receive any email from my domain.
Want to start a luggage company?