It is easy to get intimated walking into Shark tank, but the primary reason why investors think that this is an opportunity that they can get their feet wet for is the fact that the sharks offer over 63 million dollars. There are products from Shark Tank that have gone wildly successful, but this doesn’t mean that all the products have gone on to make the sharks rich during the journey. Here we will determine some of the Shark Tanks rejects that didn’t get investment offer, but it is almost sure that the sharks might wish they took a bite.
Ring, one of the most recognizable and popular Shark Tank reject is being used in homes across the world, and it is one of the best-selling products from Shark Tank. Ring has been providing the homeowners peace of mind, and while some of the sharks got interested in the product, it was not considered as a worthy investment. Ring has gone on to sell a large number of units, and even Amazon decided to buy the company for 1 Billion dollars.
Cellhelmet is also one of the products rejected by the sharks. Every individual who owns a smartphone feels the need to protect the screen considering that one will be nervous that their phone might fall and smash. Mike Kane and David Artuso did attempt to get investment from the sharks for their screen protector company. Cellhelmet is one of the best-selling products, where there are thousands of sales that were made within days after the show was broadcast.
You might be among the individuals who enjoy handwritten notes, but there are chances that you will be missing computer notes since it is possible to sync the notes across your devices. It is such individuals that the makers of Rocketbook had in mind. Rocketbook gives you the chance to take notes and also draw the sketches and one can upload the notes to the cloud before wiping the page to reuse it. The sharks thought that this was a gimmick or didn’t have a future thus the decision not to invest. The product has however gone on to be one of the most famous products. Despite the decision by the sharks not to take a bite, there are millions of potential clients and some companies are taking advantage by utilizing services such as Gadget Flow.
The fact that the sharks missed out on these products doesn’t mean that they haven’t made correct decisions. To get an update on the latest inventions that change the game, check us out.