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 / ECONOMY & WORK

'Shark Tank' judge Daymond John tears up after his wife and daughter showed up during a pitch

The shark did his best not to shed a few tears as he shared a beautiful moment with his wife and kid.
PUBLISHED 22 HOURS AGO
Screenshots showing Daymond John and his family on "Shark Tank" (Cover image source: YouTube | Shark Tank Global)
Screenshots showing Daymond John and his family on "Shark Tank" (Cover image source: YouTube | Shark Tank Global)

“Shark Tank” may be a way for entrepreneurs to find funding from top investors, but it works as a TV show for the innovative products and creative pitches by founders. But three partners, Valerie Strattan Guerra, Amanda, and Danny Seibert, went a step further and brought Daymond John’s wife and daughter into the studio halfway through a pitch. The trio seeking $125,000 for 10% of their business, bagged a six-figure deal from him.

Their company, called Mama Sing My Song, produced stuffed animals that played a custom-made song that a child can listen to and feel good. To test their product, the entrepreneurs brought John’s wife, Heather, and daughter Minka. Turns out that Heather had worked with them to create a song for Minka, recorded in a stuffed bunny rabbit. She sat there holding her rabbit and listening to her song as her father did his best to hold back his tears. After the song ended, John muttered, “Don’t cry,” under his breath before giving his family a warm hug. The song didn’t have generic words either. It spoke about Minka’s life, her likes, and the time she spent with her dad whenever she was home. John caught on to that instantly and acknowledged it. “There are a lot of little things in there. I heard all that,” he said.

Screenshot showing Daymond John hugging his family. (Image credit: YouTube | Shark Tank Global)
Screenshot showing Daymond John hugging his family. (Image source: YouTube | Shark Tank Global)

At this point, many people believed that he’d be the one to offer them a deal, and that is exactly what happened. However, he was not the only one, as the sharks loved the product, and the $1.4 million sales figures made the business look even more lucrative. Mark Cuban and Kevin O’Leary, however, did not believe that the business could be scaled to their liking, so they both backed out. The remaining three sharks, John, Lori Greiner, and Daniel Lubetzky, came together for an offer. The three sharks would offer them $125,000 for a third of the business. This was a lot higher than the 10% stake they wanted to give up, but the upside was that the entrepreneurs would be getting three sharks. That would spread word about the business like wildfire. They still countered, asking if the sharks would be willing to go down to 25%.

Screenshot showing the entrepreneurs on
Screenshot showing the entrepreneurs on "Shark Tank." (Image source: YouTube | Shark Tank Global)

This was too less for three sharks, but Lubtezky said that they could raise the money to $150,000, and his potential partners agreed. “That gives you a slightly better valuation,” he said. The entrepreneurs thought about it for a moment and agreed to the deal. Fans of the show loved the moment with John and his family and poured their love in comments on YouTube.



 

“Lot of respect gained for Daymond. Seeing his face light up for his family shows his character,” one user commented. “I was absolutely touched by Daymond's reaction when his family came and when they were leaving,” added another, before one more said, “I’m a softie so naturally I find this so adorable.”

MORE ON MARKET REALIST
The guest high hopes of earning a five-figure sum but his lack of proof cost him dearly.
19 hours ago
The cleaners must have had the best time after this entrepreneur left the stage.
20 hours ago
The shark did his best not to shed a few tears as he shared a beautiful moment with his wife and kid.
22 hours ago
The host started pointing fingers at the astrophysicist and promised retribution when the time came.
1 day ago
Harrison wasn't too impressed with the piece of rusted metal right from the start.
1 day ago
The embarrassing and chaotic part of the episode was not aired in the final cut.
1 day ago
The guest was quick to give a valuation once it was confirmed that they work.
1 day ago
The woman got a lot of support from fans, and something unexpected happened.
1 day ago
The founder had lost a lot of money due to bad decisions before and did the same again.
2 days ago
Contestants do tend to commit blunders under pressure amidst the energy on the set.
2 days ago
His father was not happy that he overpaid and made it crystal clear to him later on.
2 days ago
They called their product the future of real estate, and almost every single shark bought into it.
2 days ago
Rick Harrison has been wrong about some items in the past, and once even doubted himself.
3 days ago
Fans of some shows can be quite brutal in their assessment and they don't shy away from expressing it.
3 days ago
Ken Jennings might be extremely smart, but even he had to concede defeat to technology more than a decade ago.
3 days ago
While most Sharks were out, the founder of Dirty Cookie, Shahira Marei, found her perfect partner.
3 days ago
Some entrepreneurs need a little push and there's no one like a mother to do that.
4 days ago
The player effortlessly swept the game and Carey was impressed but couldn't respond to the offer.
4 days ago
Richard Benjamin Harrison was very impressed with what the guest had brought to the show, but remained calm.
4 days ago
Jennings is a legend of the game himself and he has a lot of respect for other successful players.
4 days ago