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' star Kevin O'Leary says we will 'take over the world' after investing in sauce holder

Mr. Wonderful asked for a ridiculous part of the business at first before changing his offer.
PUBLISHED JUN 13, 2025
Screenshots showing Kevin O'Leary with two of the three entrepreneurs on "Shark Tank." (Cover image source: YouTube | Shark Tank Global)
Screenshots showing Kevin O'Leary with two of the three entrepreneurs on "Shark Tank." (Cover image source: YouTube | Shark Tank Global)

Entrepreneurs who come up with simple solutions for everyday problems often gain a lot of attention and lucrative deals on “Shark Tank.” One such product that turned up on the show was a sauce holder. When the entrepreneurs pitched their solution for this problem and no one loved it more than Kevin O’Leary. He believed that he could “take over the world” with that business.

The company is called Saucemoto, and its three founders were Tony Lahood, William Moujaes, and Michael Koury. They sought $45,000 for a 15% stake in their company. Their pitch was hilarious and entertaining to each of the five sharks. However, only two of them made offers. With only $77,000 in sales, Mark Cuban knew that it was going to be a lot of effort to make it big, and he didn’t want to do that. Barbara Corcoran simply did not believe that the rewards would be worth the time and effort. Lori Greiner never really got a chance to get an offer. The two sharks who did were O’Leary and Robert Herjavec. Mr. Wonderful made a ridiculous offer at first, asking for 50% of the entire business for $45,000. Obviously, the entrepreneurs did not accept, but he still made some strong points about what he could bring to the table.

Screenshot showing the Saucemoto product. (Image credit: YouTube | Shark Tank Global)
Screenshot showing the Saucemoto product. (Image source: YouTube | Shark Tank Global)

Herjavec made them a better offer as he wanted 40% for $45,000. However, he was more impressed by the entrepreneurs than the product. Mr. Wonderful then made a much more reasonable offer, asking for 25% of the business and becoming an equal partner. This was a more acceptable deal to the entrepreneurs, who did not take very long to say yes. “We are going to take over the world with this,” he said.



 

There were several hilarious moments throughout the segment, but perhaps the funniest was when Corcoran asked Tony Lahood if he was even excited about being on “Shark Tank.” Lahood’s natural speaking voice was a lot lower than that of his partners. It seemed like a match made in heaven, but the deal ultimately wasn’t made between the two parties. Lahood appeared on the "Everything Money" podcast to talk about what happened.

“Truth be told, we wanted to work with Kevin. We love Kevin. Kevin’s awesome. I mean, his team is amazing. Everyone who works with them is amazing. We just…you know, at the end of the day, we didn’t see eye to eye on some of the terms,” he said. The company has done well after its appearance on the show, as per a report in The Daily Meal



 

It’s not uncommon for companies with useful products to gain a lot of traction from their appearance on the show. Consistently making good products is the challenge. Saucemoto is still in business and sells the product in different colors now, and has a decent 4.6-star average customer rating on Amazon.

MORE ON MARKET REALIST
The card had a manufactuting defect but that is what made it so valuable.
17 hours ago
He didn't believe he'd make any money on them and offered a ridiculously low price.
19 hours ago
The contestant still managed to be in the lead after quickly learning from her mistake.
20 hours ago
The guest was surprised to learn that it was by one of the top artist's of the time.
21 hours ago
Despite the loss, the player called making it to the show a dream come true for her.
1 day ago
The host also poked fun at the contestant who answered for now knowing where the city was.
1 day ago
The guest ran a hard bargain, but the item was iconic enough to be worth that much money.
1 day ago
While the player, James, didn't get to play his dream game, he aced the one he got to play.
1 day ago
The best part was that a lot of those hilarious answers did appear on the board.
2 days ago
He got an expert to inspect the letter as it was too good to be true that it had landed in his shop.
2 days ago
The guest said that she often wore some of the jewels that were worth several thousands.
2 days ago
Mark Cuban described his business model as horrible, but still made an offer.
2 days ago
The expert had no idea whether the item was real without a test that could only be done in the US.
2 days ago
Harrison could have had a unique item in his store but his stubbornness cost him big time.
2 days ago
The shark had said that he was out earlier but came back in to swoop the deal away from the others.
3 days ago
The player was on a roll before she entered the bonus round and ran out of luck.
3 days ago
The item was gifted to the guest's grandfather by the Tsar of Russia towards the end of the empire.
3 days ago
Ozzy Osbourne recently passed away after delivering one of the most incredible farewell concerts.
3 days ago
It's rare to see contestants on the show refuse chances to win big, but the player was certain.
3 days ago
This contestant was on the verge of closing a multi-Shark deal when he thought he could use some extra support.
3 days ago