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 Robert Herjavec tells founders 'I'm suing you' after their product made him bleed

The investor has been more than happy to try out innovative products on the sets.
PUBLISHED FEB 28, 2025
Screenshots showing Robert Herjavec and Lori on "Shark Tank" (Cover image source: YouTube | Sony Pictures Television)
Screenshots showing Robert Herjavec and Lori on "Shark Tank" (Cover image source: YouTube | Sony Pictures Television)

Investors on “Shark Tank” may be ruthless while they closely scrutinize the numbers before investing in a business, but they are good sports when it comes to trying out products as part of a pitch. But it's very rare for one of them to sustain an injury and bleed because of a product, and Robert Herjavec was the shark who faced that misfortune during an episode. The worst part is that he offered a deal to the entrepreneurs but didn’t manage to close it. At the end of the segment, he even threatened legal action against the contestants.

The company that was in the spotlight on this occasion was Hug Sleep, founded by the husband-wife duo of Matt and Angie. The company sold a product designed to wrap around a person completely to give them a cozy and comfortable sleeping experience. The material was pitched as lightweight, breathable, and one that didn't retain heat. It even had a pocket at the bottom from where users could stick their feet out for temperature regulation.



 

Herjavec was asked to try it on a bed and while he seemed comfortable at first, he rolled off the bed and landed on his face on the floor while attempting to push his foot out. The celebrity investor sustained a small cut on his nose and said, “I’m bleeding people.” Amidst the chaos Mark Cuban chimed in saying, “Get a lawyer.” "I'm suing you for making me bleed. I'm not gonna sleep at night now," Herjavec trolled the couple.

Screenshot showing Robert Herjavec testing out the product on
Screenshot showing Robert Herjavec testing out the product on "Shark Tank" (Image source: YouTube | Sony Pictures Television)

The entrepreneurs had asked for $150,000 for 10% equity and every single shark offered them a deal in a rare occurrence on the show. Lori Greiner and Mark Cuban teamed up to offer $300,000 for 20% while the other three teamed up and offered the same deal. In the end, Matt and Angie decided to go with Cuban and Greiner, since they were the ones that the entrepreneurs wanted to work with before coming to the show. "I'm suing you," Herjavec said after the deal was struck.



 

This is not the first time Robert Hervajec had to experience some discomfort while testing out a product on “Shark Tank.” In an earlier episode of the show, the founders of a company called Plunge pitched a tub that regulates temperature and filters the water continuously for those who take cold plunges. The entrepreneurs Michael Garrett and Ryan Duey, asked Herjavec to take a cold plunge on set and he happily obliged. When he first got inside the tub, the celebrity investor was not comfortable at all. He shrieked and screamed but after taking a few deep breaths, he seemed much more settled and was quite happy when he got out. “It’s incredible,” he said, before adding “You feel your blood flowing…like I am ready to go.”



 

Garrett and Duey had asked for $1.2 million for 5% equity but Herjavec liked the product so much that he offered $2.4 million for 12% of the company. This was a good enough deal for the entrepreneurs and they accepted it.

MORE ON MARKET REALIST
The airline said that it has made this policy change to be competitive in the market.
2 days ago
People do not usually think of Costco when planning a trip, but perhaps they should.
2 days ago
The retailer has done a fantastic job in diversifying its driver workforce and keeping them happy.
2 days ago
The host loved the answer he heard and could not help himself in that moment.
2 days ago
Those who are lucky enough to win it would have perhaps the best Christmas of anyone.
2 days ago
The FTC stated Instacart misled consumers about costs, falsely advertised free delivery, and charged membership fees without consent.
2 days ago
“We will never succumb to not being the best price and driving prices down for our members," CEO Ron Vachris said.
2 days ago
Kiyosaki has time and again asserted that silver is the "most accessible and affordable" investment, as everyone can afford to buy it.
2 days ago
"Excellent letter selection by Chantal! Congrats to her and her mama Norbit!!" a fan reacted.
2 days ago
It is a job that requires one to be at their most energetic on every single day they come into work.
3 days ago
The retailer hopes to make shopping experience a lot smoother for its loyal members.
3 days ago
The components in the supplement could react with nitrate found in some medicines.
3 days ago
The economy is unpredictable at the moment, and macro policies have affected their spending habits.
3 days ago
The money would be sent to him by a wealthy Israeli-American family, who have been his friends.
3 days ago
This recall, affecting retailers like Costco and Publix is classified as a class 2 recall on December 4, indicating potential health issues.
3 days ago
“Congress did not intend that agencies could pay $86 million for their workers just to sit at home,” former OPM acting director said.
3 days ago
“For 150 years, they wanted a ballroom, and we’re giving them — myself and donors are giving them, free of charge for nothing," he said.
3 days ago
Contestant Ellie Williams, who is pregnant with her second child playfully revealed she would name her son "Ryan".
3 days ago
The figure is not a small one, and many believe that they won't be able to achieve that goal.
4 days ago
For millions, up to $1,000 could be added to their healthcare premiums.
4 days ago