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 player, Brandon Rothstein had cracked the puzzle even before the timer kicked off.
3 hours ago
Stars from the Real Housewives Franchise, Kandi Burrus-Tucker and Kyle Richards, cracked the host up
4 hours ago
Emmitt Smith was happy to authenticate his signature on a photo from his first NFC Championship game.
5 hours ago
Melissa Brickey seemed to be caught up in a loop of losing her winnings — until she finally escaped her unlucky streak.
1 day ago
Contestant Pamela's weird answer to a Little Red Riding Hood question caught the host completely off guard.
1 day ago
Speaking to CBS News, Schneider shared how the show made her not care about her looks
2 days ago
With one-letter and sub two second solves, Carmetta Wells put up a great show.
3 days ago
The seller who was hopeful that she could bag a fortune for her thrift store find left empty handed.
3 days ago
Speaking to the LA Times, the "Jeopardy!" host shared personal details on his journey with trivia.
3 days ago
Emotions got the best of Amy Nardin every single time she solved puzzles on the show.
3 days ago
After Harrison found out that the 16th-century book was the real deal, he couldn't let it go.
3 days ago
When the contestants had to name sports teams named after birds, they left the host baffled.
4 days ago
The host opened up about what goes on behind the scenes and in his mind while filming the show.
4 days ago
The player, Ryan Halsey, took the game by storm in the initial rounds but was stumped in the finale.
4 days ago
Sometimes the host of Family Feud just wants the chaos to end as it gets too much.
5 days ago
The show took a hilarious turn when a contestant gave a bold answer that caught the host completely off guard.
5 days ago
Despite talking through her guesses, Carrie Trujillo couldn't crack the puzzle and failed to win $40,000.
5 days ago
Robert Herjavec and Lori Greiner rubbed it in O'Leary's face by celebrating their deal with Phoozy
5 days ago
Duc and Lisa Nguyen's stubbornness paid off, as the co-founders of Baubles + Soles got Daymond John as a partner.
6 days ago
The player got the host to be candid about his fears and his mother's opinion on him.
6 days ago