On the fourth episode of Shark Tank season 4 David & Nique Mealey were the first entrepreneurs to step into the shark tank their product Back 9 dips.
Lori Grenier didn’t feel like she could help David & Nique get into supermarkets so she stepped out of the deal. Mark Cuban didn’t have any knowledge of the space and went out. Kevin O’leary thought about offering a royalty deal, but instead stepped out. Robert Herjavec didn’t know enough to help the business grow and for that reason he stepped out. Lori Griener jumped back in to partner with Daymond John with an offer $150 for 15%. Daymond couldn’t see himself getting into the deal and dropped out. Robert Herjavec stepped up and made an offer of $150k for 25%
PROPOSED DEAL: $150,000 for 15% stake.
OFFICIAL WEBSITE: No longer in production
WATCH THIS EPISODE: Shark Tank Season 4 Episode 4