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' offers 6-figure deal to founders who showed up with a chainsaw in wild TV moment

No one expects to see a tool that can be extremely dangerous on a show like "Shark Tank."
PUBLISHED FEB 20, 2025
Screenshots showing the entrepreneurs and the judges with the chainsaw-styled product on "Shark Tank" (Cover image source: YouTube | Shark Tank Global)
Screenshots showing the entrepreneurs and the judges with the chainsaw-styled product on "Shark Tank" (Cover image source: YouTube | Shark Tank Global)

Bizarre and innovative pitches aren't a new thing on “Shark Tank” after 16 seasons, but none of those save entrepreneurs from sharp criticism from investors such as Kevin O'Leary. But entrepreneurs pitching their product called Mighty Carver countered this by bringing a chainsaw to the sets. The husband and wife duo of Kim and Lance Burney came up with the product and asked for $100,000 for 20% equity in their company. The product was simple but so innovative that most sharks got interested and wanted a share of the business.

It was the brainchild of Kim who wanted to keep a family tradition of the man of the house cutting the Thanksgiving turkey alive. However, she was confused over who should take over the role of her grandfather after he had passed away. It turns out that her father, husband, and brother were all fans of power tools and had an electric knife that looked like a chainsaw.

Screenshot showing Mark Cuban in a Jason Voorhees mask testing Mighty Carver. (Image credit: YouTube | Shark Tank Global)
Screenshot showing Mark Cuban in a Jason Voorhees mask testing Mighty Carver. (Image source: YouTube | Shark Tank Global)

After their pitch, the couple called Mark Cuban to the stage to try the product out. He wore a Jason Voorhees mask and sliced through the turkey, drawing laughter from the other sharks. At the time of filming, the husband-wife duo had recorded sales worth $163,000 the year prior and $41,000 year-to-date. Kevin O’Leary was the first to make an offer. He wanted to be a third partner in the business for $100,000.

Daymond John then offered the same money for 27.5%. The Burneys still didn’t seem convinced and looked towards Barbara Corcoran. She was interested but wanted to make the deal with Mark Cuban. However, John being the shrewd businessman that he is, said that he would do the deal for 25% if they accepted it right at that moment. Lori Greiner also indicated that they should take the deal. Ultimately, that’s what the entrepreneurs did and danced out of the stage.



 

This was a big deal. Kim and Lance knew that any slip-ups could risk them losing John as an investor and partner. However, one of their biggest fears came true many months after the “Shark Tank” episode. "We made a huge [manufacturing] order with a big cash deposit. And then we found out a month after we aired that this man took off with our money and never made our order," Kim recalled according to Tasting Table.

However, John did not leave their side and stuck with them through thick and thin, reassuring his support. "The phone call I had to make to Daymond was, 'You might you might not want to be my partner,'" Kim added. However, the celebrity investor reportedly said, “This happens in business. You've learned a lesson. And the good news is, I want to be your partner."



 

“Shark Tank” successes don’t always bloom into successful business ventures but Mighty Carver is one that has done well consistently and the entrepreneurs had some advice for up-and-coming business owners. “Don't listen to the negativity. Get rid of all the white noises around you. If you believe in what you're doing, you'll find a way to get it done," Lance said.

MORE ON MARKET REALIST
The contestant, Diane, gave a couple of cheeky answers that caught Steve Harvey off guard.
5 hours ago
The guest was expecting $22,000 for a Led Zeppelin album that was signed by all four members.
6 hours ago
Fans shared their excitement for the upcoming season, with many hoping to see another million-dollar winner.
7 hours ago
The host noted that contestant was already a crowd favorite, and his kind gesture made Josh feel like a star.
10 hours ago
The item’s uniqueness kept Rick Harrison from making an offer, as there was no reference point for its value.
1 day ago
The entrepreneur 's business was immensely profitable which made her a confident negotiator.
1 day ago
The host did not hold back on his roast, but the contestant took it all in good humor.
1 day ago
The company made sure that pets were well-dressed and taken care of on the owner's wedding day.
2 days ago
The player, Leslie, decided to trust her gut instead of listening to the audience,and it really paid off.
2 days ago
The company had more than $18 million in sales in just the 12 months ahead of taping.
2 days ago
The pawn shop owner did not expect the grinder to be worth so much money.
3 days ago
The host of the show loved the answer and did not hold back on expressing his feelings.
3 days ago
The guest got a lot more than he hoped for after the expert authenticated the item.
3 days ago
Mark Cuban wanted to take over his entire business and made a generous offer, but Pizza Pack founder Tate Koenig wasn't interested.
4 days ago
The host had a hard time finding a response as he remained speechless for several seconds.
4 days ago
Applicants who are 18 and above can take up more than one test every 12 months, but they cannot leave a test incomplete.
4 days ago
After a tough pitch and some criticism, Sheets Laundry Club founders Chris Videau and Chris Campbell managed to bag a deal.
5 days ago
It was a witty answer, but the respondents of the survey didn't think that way.
5 days ago
Chumlee wanted to try out the game even though he knew that it was already shot.
5 days ago
The entrepreneur instead wanted to make a deal with guest shark Sir Richard Branson and some others.
5 days ago