ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

'Shark Tank' offers life-changing deal to 10-year-old girl — who even sat on Kevin O’Leary’s chair

Cassidy and her mother delivered an entertaining pitch that left all the sharks smiling.
UPDATED JAN 8, 2025
Screenshot showing the young entrepreneur in O'Leary's chair on Shark Tank (Cover image source: YouTube | Shark Tank)
Screenshot showing the young entrepreneur in O'Leary's chair on Shark Tank (Cover image source: YouTube | Shark Tank)

They say if you’re good enough, you’re old enough, and “Shark Tank” has been proof of that. There have been multiple teenagers coming on the show, pitching their ideas, and securing deals. But one particular youngster who impressed the sharks back in 2021 was Cassidy. What's amazing is that she was only 10 years old and she managed to get exactly the deal she had pitched for.

Cassidy came to the show with her mother and her product was called The Baby Toon. It is a baby spoon with a new and innovative design that does away with the potentially dangerous nature of traditional designs. After all, babies do need to be treated with a lot of care. It’s made of silicone and can be attached to the baby using a pacifier clip attached to the baby’s outfit.

Screenshot showing Cassidy with her mother on Shark Tank. (Image credit: YouTube | Shark Tank)
Screenshot showing Cassidy with her mother on Shark Tank. (Image source: YouTube | Shark Tank)

"Partially why I'm just very thankful I'm here is I want to show other kids that they can be open to opportunities they have at school or at home to create and invent. I just really hope I inspire them. It's a dream come true," the young entrepreneur said.

The mother-daughter duo asked for $50,000 for 50% of their company. This might sound a bit surprising but Cassidy clarified that she still needed to complete her education which is why she wanted an equal partner. They would also be able to guide her for many years. The problem was that not many sharks were willing to invest. Daniel Lubetzky, Mark Cuban, and Kevin O'Leary all refrained from offering a deal. Lubetzky and Cuban explained that they did not have enough experience in the baby products industry while O’Leary did not want her business to affect her education as per E-News. He did however let her sit in his chair afterwards.

Lori Greiner believed that Cassidy could balance out her priorities just fine. She offered the 10-year-old entrepreneur exactly what she asked for - $50,000 for 50% of the company - and Cassidy accepted. It made for a heartwarming moment on the show that has lived on in the minds of viewers.



 

It has been three years since that day, and the Baby Toon has grown exponentially. Back then, Cassidy had said that the company had made $5,000 in revenue. Well, following the “Shark Tank” episode, the company was able to bring in a whopping $100,000 within just one month as per Looper. They also report that Greiner was able to get them a deal with market heavyweight Munchkin.

Today, the Baby Toon is easily available in thousands of stores including Target and Walmart. Munchkin might have taken over the product development, manufacturing, and distribution, but Cassidy is still an integral part of the project as a designer. Even today, it’s her face that appears at the back of Baby Toons.



 

It’s safe to say that the sharks that said no at the time missed out on a fantastic opportunity. Stories like these are exactly what makes “Shark Tank” an appealing option for thousands of small business owners with out-of-the-box ideas and products.

MORE ON MARKET REALIST
The guest was shocked to learn that his Stradivarius violin wasn't what he thought it was.
13 hours ago
The owner of the collection of Danny Lyon SNCC Civil Rights Posters was left astonished in the end.
1 day ago
After Harrison bought a signed speed bag for $250, he happened to meet the star at a dinner.
1 day ago
The contestant, Doug, had a hard time coming up with a sensible answer.
1 day ago
While Jennings performed a half-baked trick, it still managed to thoroughly entertain the fans.
2 days ago
The player, Andy Schwartz registered the first loss of a car since Seacrest took over as host.
2 days ago
The guest kept his grandparents' antique instruments under his bed for years.
2 days ago
Harris wasn't the only one who came up with an answer that shocked everyone.
2 days ago
Despite getting a high auction estimate, the owner of the Meiji Period lamp chose to keep it.
3 days ago
The player, Gabriel Berkowitz pulled off a perfect night winning over $45,000 and a car.
3 days ago
Harvey showed no mercy after he found out that Sweet Lou Dunbar didn't know how apps work.
3 days ago
The founder of Plop Star made an unforgettable entry and a sad exit from the show.
4 days ago
The host is otherwise quick to reprimand families for backing absurd answers.
4 days ago
While the Marvel comic book fetched a $50,000 appraisal, Harrison felt it was too rich for him.
4 days ago
Jimmy Alexander became the first player to lose a brand-new car on season 43 of the show.
5 days ago
The contestant, Brianne Peterson got extremely unlucky with her letter picks for the final puzzle.
5 days ago
The guest was told that the Jasper Johns Flag Print wouldn't be valuable but it was worth thousands.
5 days ago
It didn’t help that Alvin Rosales was playfully scolded by the host just before losing the Bonus Round.
6 days ago
The photos featured some looks of the show's legendary former host, Alex Trebek, as well.
6 days ago
The player, Kate Stuntz, pulled off a miraculous win to take home over $68,000 and a trip to Iceland.
6 days ago