Notes on Shark Tank Mystery Gadgets Presentation

Overview

• The video features a game inspired by Shark Tank, where products are presented without branding and the participants must guess their functions.
• Incorrect guesses lead to humorous banter and creative interpretations.

Product 1: Pumpkin Carving Tool

• Description: A de-branded gadget with a scoop and serrated edges.
• Initial Thoughts: Participants guessed it was for gardening or cleaning.
• Actual Use: Designed for scooping out pumpkins while carving.
• Price: $54 each; the presenter sought $300,000 for 10% equity, but did not secure a deal.

Product 2: Beer Can Opener

• Description: A gadget for removing the top of beer cans.
• Initial Thoughts: Participants guessed it was a craft beer can opener.
• Functionality: It doubles as a bottle opener; participants found it amusing.
• Deal Outcome: Originally sought $300,000 for 10%, ended with $300,000 for 20% equity.
• Current Status: The product is priced at $34 each.

Product 3: Sunscreen Dispenser

• Description: A watch-like gadget for dispensing sunscreen.
• Initial Guesses: Participants thought it was a watch or holder for medication.
• Actual Use: Allows for easy application of sunscreen while surfing.
• Game Played: A guessing game to identify if it was sunscreen or something else.
• Deal Outcome: Did not secure a deal.

Product 4: Plant-Based Milk Maker (Nutter)

• Description: A machine designed to create plant-based milk from nuts and grains.
• Initial Thoughts: Mixed opinions on its necessity.
• Deal Outcome: Sought $500,000 for 5% equity, received no deal but later earned $200 million in sales.

Product 5: AnyTongs

• Description: A modular kitchen tool that allows for interchangeable tong tips.
• Initial Thoughts: Participants compared it to traditional tongs and cooking utensils.
• Deal Outcome: Sought $150,000 for 20%, received $150,000 for 49% equity.

Product 6: Noggin Boss Big Hat

• Description: A novelty oversized hat used for sports events.
• Fun Element: Participants humorously tested the hats and interacted with them.
• Deal Outcome: Requested $50,000 for 25% equity, received a deal for 30% equity.
• Current Performance: Sales increased by 2,000% post-show.

Product 7: Shock Alarm Watch (Pavlok)

• Description: A watch that provides mild electric shocks to help users break bad habits.
• Initial Reactions: Participants found it comical and absurd.
• Deal Outcome: No deal secured, product launched an unrelated Indiegogo campaign.

Product 8: Coco Tap

• Description: A device for tapping into coconuts for drinking.
• Initial Thoughts: Participants questioned its practicality.
• Deal Outcome: Sought $150,000 for 10%, did not receive a deal but pivoted to selling branded coconuts.

Product 9: Bug Collector

• Description: A tool for capturing and releasing bugs.
• Initial Thoughts: Participants speculated on its purpose.
• Game Element: Participants engaged in a game to collect crickets using the gadget.

Summary

• The presentation was light-hearted, with a mix of humor and creativity in guessing the products.
• Each product led to discussions about practicality and marketability.
• Outcomes varied, with some products securing deals while others did not.