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
Barbara Corcoran made the exact same offer, and she wasn't happy about being rejected.
3 hours ago
The guest believed that it was worth a modest amount of money, but that was clearly not the case.
4 hours ago
With James Holzhauer in the lead, Amy Schneider and Andrew He decided to joke around.
5 hours ago
Barbara Corcoran told the founders that she had never seen Greiner so passionate.
7 hours 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.
3 days ago
"Can I stop at any time?" the player nervously inquired. "You can stop any time you want, yes," Carey assured.
3 days ago
Guests on the show would run with it if they ever got that kind of money on Pawn Stars.
4 days ago
The guest even said to keep the kids in the dark about how valuable these items were.
4 days ago
The company had fantastic sales but a crushing debt with a high interest rate that the sharks hated.
4 days ago