On the eighth episode of Shark Tank season 4 Michael Tseng was the third entrepreneur to step into the shark tank with his product Plate Topper. The Plate topper is a revolution is food saving items. Plastic lids and containers always go missing and plastic wrap is a mess. Plate Toppers instantly transform any plate into a air tight container.
Kevin O’Leary was the first to make an offer of $90k for 5% royalty with no equality. Lori Greiner offered $900k for 30%. Daymond John jumped in with an offer of a million dollars for 25%. Daymond John started to rethink his decision and removed his offer. Lori rolled back her offer to the original asking price. Robert Herjavec was concerned the product might not sell and went out. Kevin O’Leary and Mark Cuban both went out.
PROPOSED DEAL: $90,000 for 5% stake.
OFFICIAL WEBSITE: http://platetopper.com
WATCH THIS EPISODE: Shark Tank Season 4 Episode 8