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 a life-changing deal to founder whose pitch involved taking a shower on the set

The entrepreneur defended her product and Greiner also chimed in with her take.
PUBLISHED FEB 21, 2025
Screenshot showing judges and the product called Shower Toga (Cover image source: YouTube/Sony Pictures Television)
Screenshot showing judges and the product called Shower Toga (Cover image source: YouTube/Sony Pictures Television)

"Shark Tank" judges can turn entrepreneurial dreams into reality but they also tend to be very harsh in their criticism. While some ideas get sweeping approval from the panel of celebrity investors, some divide the room. This is what happened when Mark Cuban invested $80,000 in a product that Kevin O’Leary described as “a garbage bag with a string on it”. 

Screenshot showing the products
Screenshot showing the products (Image source: YouTube/Sony Pictures Television)

In an episode from Season 10 of the show, Kressa Peterson pitched her innovative outdoor shower accessory called the "Shower Toga", with an ask of $80,000 for 33% of her company. Peterson who brought her husband, son, and daughter along, explained that their family loves to do obstacle courses in the wild, where they go through mud, dust, and dirt.

Screenshot showing Peteson making the pitch
Screenshot showing Peteson making the pitch (Image source: YouTube/Sony Pictures Television)

However, after finishing the course, the organizers often fail to provide a private compartment for them to shower and clean up. Thus, she invented the "Shower Toga" a private accessory that can be worn in outdoor showers to maintain privacy. After her family demonstrated how the product functions, Peterson told the Sharks that Shower Toga is not just good for obstacle courses, but it can also be used by people who surf, hike, or go to music festivals. Peterson shared that her lifetime sales have hit $80,000, and most of that came from regional obstacle racing tournaments. She explained that the company had good margins as the products cost $3 to make and can be sold for $35 per unit.

While Robert Herjavec and Lori Greiner appreciated the idea during the demonstration, Kevin O’Leary wasn’t convinced. As soon as the presentation was over, O'Leary asked: "Isn’t your competition a garbage bag?” The entrepreneur disagreed, saying, “That’s like saying a balloon is the same thing as a condom.” She further argued that a garbage bag isn't designed to do the job that her product can since it would tear from the bottom and the slits on the side will hamper privacy. "Plus a garbage bag leaks!" Greiner chimed in. 

However, O'Leary wasn't convinced and argued that garbage bags are much cheaper and people can easily use them. “I love your energy, You are really aggressive. It’s fantastic. But I don’t like to invest in products where the competition is a garbage bag that costs 99 cents," O'Leary said before dropping out.

Screenshot showing Kevin O'Leary making a comment
Screenshot showing Kevin O'Leary making a comment (Image source: YouTube/Sony Pictures Television)

After O'Leary Herjavec was the next shark to drop out of a deal. Herjavec praised Peterson's energy and said if anyone could make the business a success, it was her. However, as an investor, he thought the business just wasn't there yet. Griener was the next to make a move. She too believed that Peterson was doing great on her own and felt like it wasn't the right time for her to get an investor on board. 

Screenshot showing Herjavec and Greiner talking to the entrepreneur
Screenshot showing Herjavec and Greiner talking to the entrepreneur (Image source: YouTube/Sony Pictures Television)

Nevertheless, two sharks, Mark Cuban and guest judge Alli Webb were still in. 

While Cuban praised Peterson for the idea, he mentioned that the product name may need to change in the future to convey the product's purpose more clearly to the customers. Webb added that Peterson knew exactly what she was doing and she saw a reflection of herself in the entrepreneur. "You're clearly not taking no for an answer you're not afraid to stand up to these guys like I feel like and and put them in their place," Webb said. 

Screenshot showing Cuban and Webb waiting for a response
Screenshot showing Cuban and Webb waiting for a response (Image source: YouTube/Sony Pictures Television)

Thus, the two sharks joined forced to make an offer of $80,000 for 40% of the company. While it was more than what Peterson was willing to give up, she considered it to be a good deal as she got two investors on board and accepted the deal.



 

While Peterson left the tank teary-eyed, O’Leary remained doubtful. “Now that she’s gone, you’ve bought a garbage bag with a string on it," he told Cuban and Webb.

MORE ON MARKET REALIST
Pressure from the government and consumers choices have forced this decision.
1 day ago
She took her time to secure the big prize, drawing a loud cheer from the audience.
1 day ago
The billionaire also predicted that other companies would follow suit in the future.
1 day ago
His comments have led to several Americans calling him out for not reducing beef prices.
1 day ago
Billionaires grew their wealth by an incredible 22% in the last year as regular Americans struggled.
1 day ago
Americans in a Reuters/Ipsos poll identified the cost of living as the primary factor influencing their votes in the upcoming midterms.
1 day ago
This will be damning for the DHS, which is already under immense pressure from the public.
2 days ago
Experts believe that it has to do with getting a sense of momentary control.
2 days ago
It seemed like the contestant was heading towards defeat, but his luck soon turned around.
2 days ago
The company says it has taken action to protect its rights as an importer to seek duty refunds.
2 days ago
The payout was driven by the company’s financial strength and strong underwriting performance.
2 days ago
Trump made this claim during his lengthy State Of The Union address earlier.
2 days ago
Research predicted that in the consumer sector, "AI personalization strategists" and "AI supply-chain analysts" jobs are expected to emerge.
2 days ago
The product might contain germs as the pasteurization process was not done properly due to a equipment troubleshooting error
3 days ago
The contestant came as close as possible to winning big, but had her heart broken in the end.
3 days ago
Trump failed to address the affordability issue that voters care most about.
3 days ago
He said that society is not quite ready for the pace at which AI is currently displacing workers.
3 days ago
The recall affected products that were sold to customers in four states and in Canada.
3 days ago
Those opposed to the changes believe Trump is politicizing the health of children.
3 days ago
Bessent said that the proposition would be rolled out “in the coming weeks and months,” as a tool for working-class Americans left behind.
3 days ago