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 / NEWS

A daring 'Shark Tank' pitch used a weird tactic to grab attention. It got the founders a six-figure deal.

The co-founders of Wine & Design brought back bachelorette memories for Barbara and Lori.
UPDATED 1 HOUR AGO
Screenshots showing Greiner and the naked model on Shark Tank (Image source: Facebook | Shark Tank)
Screenshots showing Greiner and the naked model on Shark Tank (Image source: Facebook | Shark Tank)

As a show that appeals to entrepreneurial aspirations and the American dream, "Shark Tank" has enjoyed a 16-season run with some blunders, success stories, and hilarious moments thanks to the weirdest pitches ever. While entrepreneurs often go to great lengths to make their pitch stand out, the co-founders of Wine & Design took things a step further. Pitching their unique business, Harriet Mills and her husband, Patrick, brought in a naked male model to host a mini bachelorette party on the show.

Unveiling the Business Model

The co-founders began their pitch by sharing their passion for creating a fun, stress-free environment for people to connect through art and wine. The franchise-based business, Wine & Design offers adult painting classes in a social, BYOB-friendly environment.

Screenshot showing the co-founders of Wine & Design (Image source: Facebook/Shark Tank)
Screenshot showing the co-founders of Wine & Design (Image source: Facebook/Shark Tank)

The couple sought an investment of $500,000 for 10% equity in their business. But before crunching the numbers, they had to provide the Sharks a taste of their service. Explaining that Wine & Design was an ideal choice for date nights, girls’ nights out, and group gatherings, the duo arranged for a bachelorette party for Barbara Corcoran and Lori Greiner. 

They called on the model, Richard, as part of their popular party package. In a shocking 'reveal' they explained that Richard would be posing nude as an inspiration for the painters. As he took off his robe, Corcoran became noticeably flustered and excited. “I don’t believe it!” she shrieked. Greiner noted that she had never seen Corcoran speechless. 

Screenshot showing the naked model and Lori Greiner's reaction (Image source: Facebook/Shark Tank)
Screenshot showing the naked model and Lori Greiner's reaction (Image source: Facebook/Shark Tank)

When the co-founders introduced the art teacher, Heather, Corcoran looked past her saying, “We don’t care who you are, Heather!” The sharks were then taken through a brief painting lesson, where they painted a modern art-style piece of the nude model, with varying levels of success. “This has been the best pitch on Shark Tank," Corcoran noted at the end. 



 

Despite the great bachelorette party, Wine & Design failed to secure a deal from the women on the show. The co-founders explained that they are a recognized franchise with 74 locations across 14 states and the business generated revenue of $250,000 within nine months. However, the Sharks weren't impressed and Mark Cuban backed out saying that he didn't think that the business could generate enough returns to justify a $500,000 investment. Corcoran also said that the risks outweighed the rewards, so she was also out. Citing similar reasons, Greiner also pulled back.



 

However, since the business collected a 6% royalty from franchise owners and was on track to generate $10 million in gross revenue, Kevin O'Leary a.k.a Mr Wonderful showed interest. Calling it a dream business, he offered them $500,000 for 10% equity and $350,000 more as a line of credit at 12% interest.

Screenshot showing Kevin O'Leary painting the model (Image source: Facebook/Shark Tank)
Screenshot showing Kevin O'Leary painting the model (Image source: Facebook/Shark Tank)

Robert Herjavec also chimed in calling O'Leary's offer unfair. He made another offer to the co-founders of $500,000 for 33.3% equity. After considering their options, Harriet and Patrick chose to take Mr Wonderful’s offer. They explained that his reach and a partnership with O’Leary Wines would be beneficial to the business, as per CNBC. 



 

“It is shocking to me that you bring a naked man into the tank, and you get two offers from the two male sharks,” said Lori Greiner, the publication noted.

MORE ON MARKET REALIST
Tom Stednicki blew everyone's minds including veteran host Pat Sajak but didn't finish on the same note.
4 hours ago
The co-founders of Wine & Design brought back bachelorette memories for Barbara and Lori.
5 hours ago
She also took it in good humor and started referring to herself as the flag girl afte discovering contents in the package.
6 hours ago
Harvey was concerned about the man who appeared intense and kept sweating during games.
7 hours ago
Her new properties were estimated to be worth around $50 million.
18 hours ago
The valuable $1 bill would have been gone forever had he not paid attention at the right time.
1 day ago
Apart from the TV show, Ramsay's restaurants around the globe have reported stunning revenues.
1 day ago
The owners of the painting first thought that it was a knockoff since the signature was a bit off.
1 day ago
When you have a brilliant product and a good pitch, age is just a number even on Shark Tank.
1 day ago
Inititally, reports claimed that it sold for $1.8 million which changed as the the dust cleared up.
1 day ago
Dolls have been featured in horror movie series such as "Child's Play" and "The Conjuring."
2 days ago
The investor said that the comedian was even better than Mark Cuban with numbers.
2 days ago
The contestant also had a cheeky sense of humor that the host is known for.
2 days ago
The winners of the Pontiac G6 Sports Sedans soon realized that nothing in this world is free.
2 days ago
The Facebook listing from is a contender for the weirdest rent agreement in history.
2 days ago
While most would think it was a dumb move, it turns out it was the smartest thing to do.
3 days ago
The sisters said that with five of them in the house, their mom had to keep the lamp hidden.
3 days ago
Taylor never knew he had won because the slot machine had malfunctioned.
3 days ago
Dwyane 'the Rock' Johnson said that his friend's actions changed the course of his life.
4 days ago
The Texas inventor pitched a generator named after him on the third season of Shark Tank.
4 days ago