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 counties with the most expensive housing are located in the West.
1 day ago
The President recently signed an order barring corporations from buying single family homes.
2 days ago
If consumed the product could prove fatal for those with a peanut allergy.
2 days ago
She missed out on the car by just one number, which must have been painful.
2 days ago
Regional grocers had a fantastic performance as they took the top three spots in the rankings.
2 days ago
They wished to remain anonymous and took some time to seek financial and legal advice.
2 days ago
Increased consumer spending, exports, government expenditure, and investment drove the U.S. economy's 2.5% annualized growth rate.
2 days ago
"The A was a good guess but the B or the O could be used. Q is a rare letter but not frequently used here," a fan reacted.
2 days ago
She had a good feeling about the item when she saw it but she wasn't sure of its value.
3 days ago
The overhaul comes as a direct result of the Trump administration's aggressive budget cuts.
3 days ago
She did not put a foot wrong in her performance which left fans and the cast impressed.
3 days ago
He also credited US President Donald Trump for his vision of re-industrialization with AI.
3 days ago
His comments were made in response to a Danish pensioner pulling their investment from the US.
3 days ago
This ruling reflects growing trade tensions between the US and Europe amidst the Greenland crisis.
3 days ago
She did not win much but it would have been better than going home empty-handed.
4 days ago
Brian Moynihan told Fox that a number of factors will contribute to the US GDP growth.
4 days ago
The President has a desire to take control of Greenland, threatening allies with tariffs.
4 days ago
It seems like the people of Denmark are replying to the US by using their own tactics.
4 days ago