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' contestant fits cameras inside bird houses — judges weren't convinced by it at all

The nascent nature of the company prevented the sharks from investing in it.
PUBLISHED OCT 20, 2025
Screenshots showing Barbara Corcoran and the entrepreneur on "Shark Tank." (Cover Image Source: YouTube | Sony Pictures Television)
Screenshots showing Barbara Corcoran and the entrepreneur on "Shark Tank." (Cover Image Source: YouTube | Sony Pictures Television)

"Shark Tank" entrepreneurs often focus on everyday problems, but they stand out by coming up with innovative solutions. However, not every innovative product is worth investing in, and an entrepreneur learned that lesson on the show. His pitch was impressive, and he had a product that intrigued a lot of the sharks. However, he was not able to walk away with a deal.

The contestant was named Steve Gray, and he sought $250,000 for a 20% stake in his company, The Peep Show. It makes an innovative birdhouse with a camera installed, which allows people to see what is going on inside. This might sound simplistic, but there was no product like it in that space at that point in time. People usually never get to see inside birdhouses, and many would be interested in the concept.

Screenshot showing the product. (Image credit: YouTube | Sony Pictures Television)
Screenshot showing the product. (Image source: YouTube | Sony Pictures Television)

But it wasn't just the camera that was innovative. This birdhouse also had indentations on the inside leading up to the hole, so that baby birds could use them as steps to get to the top for their first flight. It also comes with an elevated platform that fits on the bottom, which serves nicely as a base to build a nest on. The entrepreneur also did a great job making sure the ventilation inside the birdhouse was top quality.

After all that was revealed, it was time to talk about numbers. The Peep Show's product costs $199, but that was without the camera. With the camera, it would be worth $299. At a landed cost of $47, these were great margins. When asked about sales, Gray said that he had started the company three months earlier and had earned revenue of $28,000. That was a decent amount considering that the company was new.

Unfortunately, that was also the company’s disadvantage, since it was way too new. Kevin O’Leary mentioned that someone might file a lawsuit against the entrepreneur over the privacy of the birds, which made everyone else on the show burst out in laughter. That was actually the reason he gave for not offering a deal. Some of the other sharks simply did not believe that they were interested in birds and said no.

Screenshot showing Kevin O'Leary. (Image credit: YouTube | Sony Pictures Television)
Screenshot showing Kevin O'Leary. (Image source: YouTube | Sony Pictures Television)

Others said that the company was too new to invest in. Barbara Corcoran was probably the most interested, as she said that she would have been the best out of all the sharks for such a product. Unfortunately, the company was in its early stages, and she did not want to commit to that level of risk and hard work.

More on Market Realist

'Shark Tank' contestant rejects Barbara Corcoran's offer making her slump on her chair in disbelief

Farmer on 'Shark Tank' with dreams of helping smaller meat producers gets life-changing deal

'Shark Tank' contestant gets Mark Cuban to try fake eyelashes and ends up with a $100,000 deal

RELATED TOPICS SHARK TANK
MORE ON MARKET REALIST
For people with allergies, exposure to some of the allergic ingredients can trigger a wide range of reactions.
3 hours ago
Numbers gathered by economists show that Trump's claims in his WSJ piece are misinformed at best.
5 hours ago
While the ownership rate rebounded after years of decline, millennials still feel cost is a hurdle.
1 day ago
TrumpRx costs may be as much as 80% less than normal listings, though actual savings may differ.
1 day ago
The Amazon boss laid off a third of The Washington Post employees, including reporters on duty.
1 day ago
Members are now required to scan their membership cards simply to get inside a Costco store.
1 day ago
Natalie's younger daughter Bailey couldn't hold back her tears after her mother won a grand total of $63,990.
1 day ago
It seemed at one point that the contestant might have missed her chance to win big.
2 days ago
The FDA recently slapped a Class-II warning label on the product, which was sold by the thousands.
2 days ago
The city's law dictates that all businesses using such surveillance tech must make it public.
2 days ago
"I mean, if he came in and said, 'I want to raise them' ... he would not have gotten the job," Trump emphasized on Warsh's role.
2 days ago
He also claimed that such billionaires pay their taxes and give their wealth back to the community.
2 days ago
"Best sliced aged white cheddar in the market that’s farmer-owned and uses zero hormones, zero RBSt, and zero GMO in dairy," a user wrote.
2 days ago
Griffin expressed unease over alleged favoritism, saying that CEOs find it repulsive that the government interacts with corporate America.
2 days ago
"Daniel solved the "bear hug" and continued hugging people, even hugging a car! He was a spectacular sight today," a fan reacted.
2 days ago
While the official website says contributions could grow over $1 million, the details are unclear.
3 days ago
Fans of the show loved what Jennings had discovered and made their feelings known.
3 days ago
The contestant took the advice of her man, who was in the studio audience.
3 days ago
Under this scheme, home buyers will have three years to pay the down payment.
3 days ago
The labeling error meant that the bottles did not show a lot number and expiration date.
3 days ago