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
Harrison usually makes smart deals on the show, but this vintage car buy turned into a costly mistake.
7 minutes ago
Had she started the game in a better way, she might have won the five-figure prize money.
1 hour ago
Barbara Corcoran made the exact same offer, and she wasn't happy about being rejected.
20 hours ago
The guest believed that it was worth a modest amount of money, but that was clearly not the case.
21 hours ago
With James Holzhauer in the lead, Amy Schneider and Andrew He decided to joke around.
22 hours ago
Barbara Corcoran told the founders that she had never seen Greiner so passionate.
1 day ago
The guest said that it was left to her by her grandmother who passed at the age of 102.
1 day ago
The host was quick to latch on to his way of speaking and made a mockery of it on TV.
1 day ago
The contestant was clearly just happy to win the chance of being on the same stage as Drew Carey.
1 day ago
The player, Thomas Russo, nearly put all of his strength into spinning the wheel.
1 day ago
Things took a turn for the better with the shark as far as the entrepreneurs were concerned.
2 days ago
The expert pointed out the intricate details on the item and said it was a personal item of the royals.
2 days ago
The expert said that if the signature was on a letterhead when Garfield was President, it would be worth more.
2 days ago
Had the contestants not gotten their gamble right, they would have lost everything they'd earned.
3 days ago
The revelation came thanks to a fan who asked the question during a "Jeopardy!" taping.
3 days ago
The entrepreneurs' decision came as a big shock to the sharks, and they did not hide it.
3 days ago
Tina double-guessed her third answer, "Does April have 31 days?" Harvey gave her the stink eye.
3 days ago
All the theatrics didn't work when sharks started scrutinizing profit margins.
4 days ago
"Can I stop at any time?" the player nervously inquired. "You can stop any time you want, yes," Carey assured.
4 days ago
Guests on the show would run with it if they ever got that kind of money on Pawn Stars.
4 days ago