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

'Shark Tank' judges were offered $96 billion in profit by a man with a bizarre pitch — it went as expected

The Texas inventor pitched a generator named after him on the third season of Shark Tank.
UPDATED DEC 14, 2024
Screenshots from the episode showing Sullivan pitch his device (Cover image source: YouTube | Abc Shark Tank/ Meme Master Yoda)
Screenshots from the episode showing Sullivan pitch his device (Cover image source: YouTube | Abc Shark Tank/ Meme Master Yoda)

Over its long run, "Shark Tank" has seen some of the craziest pitches. However, very few come close to the proposition made by a scientist who claimed he could create gold from seawater. Biomedical engineer and inventor Mark Sullivan pitched the idea of his electric generator that created gold as a by-product. Asking for $1 million in exchange for 10% of equity in his company, Sullivan promised that he would make the Sharks $96 billion in profits. While it sounded exciting, no one was interested in making a deal. 



 

The Texas inventor pitched a generator named after him on the third season of Shark Tank. After strutting confidently to the middle, Sullivan through a diagram and a model of the generator, explained to the sharks how his invention works. He claimed that the Sullivan Generator works by leveraging the earth's spin to produce electricity using seawater.

Screenshot from a video | YouTube | ABC/Meme Master Yoda
Screenshot from the episode showing the pitch (Image source: YouTube | ABC/Meme Master Yoda)

He said that the generator pulls up salt water from the sea and through the Coriolis effect, the water is spun in a chamber like a hurricane, leaving behind minerals and delivering vapor to a vortex chamber.  While this vapor worked the turbines to generate electricity, the other precipitates/byproducts would be minerals like manganese and gold. Sullivan boldly claimed that the generator would make $9 worth of gold with every cycle.

Screenshot from a video | YouTube | ABC Shark Tank/Meme Master Yoda
Screenshot from the episode showing the sharks (Image source: YouTube | ABC Shark Tank/Meme Master Yoda)

The Sharks were naturally in disbelief. The questions started flying in as everyone wondered how the machine would work. Eventually, one by one all of the sharks opted out of investing in Sullivan's idea and he walked out of the show without a deal. However, the proposal has gone down in TV history as one of the most memorable ones on the show. 



 

Sullivan's invention has been reviewed by many experts who have determined that the generator is flawed and would not work.

In a detailed YouTube video, Physics Odyssey breaks down the concept and claims of Sullivan. The creator explains that all three aspects of Sullivan's generator would not work and it may be a complete failure.



 

Despite this, Sullivan maintains that his invention is functioning and has published papers on it on his official website. On his website, he claims that the "revolutionary generator" is the first in history to use the constant rotation of the Earth and it will help the world achieve a truly sustainable source of energy. 

One of the other memorable pitches was from the owners of Haven Lock, Alex Bertelli, and Clay Banks, who pitched an impenetrable smart lock. The duo claimed that doors with ordinary locks were too easy to kick down.



 

Unlike Sullivan, they didn't just make the claim and went on to demonstrate this. One of the founders of the company tried to kick down a door on the stage to show how vulnerable they were. However, even after several attempts, he fails to make his claim stick. Due to the poor pitch, they got no offers, but it went down as one of the best pitches of the show.

This article originally appeared 2 months ago.

MORE ON MARKET REALIST
While the player, Kristin Cook was happy to take home over $26,000, fans were disappointed.
13 hours ago
The contestant, Erwin Paminiano, was stumped by the Bonus Round puzzle, but took the loss in stride.
15 hours ago
The host put his arm around the player, Daryl, and said he was 'shocked' when he got the correct answer.
16 hours ago
Once again, Ken Jennings proved that players can have a lot of fun on the serious game show.
1 day ago
While Harvey was expecting to hear some funny responses, the ladies blew his mind with their powerful answers.
1 day ago
The player, Clint Ingalls' disastrous choice of letters gave him no chance in the end.
2 days ago
The show's expert, Alan Fausel, was astonished by the fabulous Richard Cosway drawing.
2 days ago
The high school teacher could barely contain her excitement after cracking the Bonus Round puzzle.
2 days ago
The founders of Vade Nutrition couldn't the refuse the offer from Mark Cuban and Alex Rodriguez.
3 days ago
The creator claimed that the Costco avocado didn't feel or taste real, especially when compared to a ripe, organic one.
3 days ago
The player, Kenneth Blount-Hames, was stumped by a simple, everyday phrase in the final round.
3 days ago
The painting had been with the guest for 30 years, and she was curious about it.
4 days ago
It was hard for Harvey to digest what he was hearing from the senior players.
4 days ago
The best friends, Hanna Chung and Laura Tarpley, got tricked by just one word in the end.
5 days ago
The player, Shannon Hunt got the host excited before missing the puzzle by a few letters.
5 days ago
The founder of Hairfin managed to make it through the heckling to get a deal.
5 days ago
The player, Jeff Richardson put up a stunning performance to drive home a new car.
6 days ago
Since Kevin O'Leary made the offer just to mess with Corcoran, the deal hit the Shark where it hurts.
6 days ago
Harrison chose to pass on the most important item of the collection for a strange reason.
6 days ago
The contestant, Alexa Kalanz was doing well throughout the game despite a rough start.
6 days ago