With “Combine Bikini” nonetheless in its early levels, Frank Scozzafava and Adam DiSilvestro certainly had their work lower out for them. They arrived on the “Shark Tank” requesting $50,000 in change for five% fairness of their enterprise. The Sharks, after all, obtained to questioning. The entrepreneurs broke down the price of their bikinis: with each bit ringing in at $9.99, a full set prices round $50 (through Gazette Evaluate). In the end, they aimed to take their enterprise past the Web and open up procuring kiosks.
Scozzafava and DiSilvestro claimed that Combine Bikini already had $500,000 in investments, and will doubtlessly license their product to producers. Whereas these concepts appeared promising, it appeared apparent to the Sharks that they did not have a clear-cut plan. Earlier than exiting the deal, Mark Cuban defined to the enterprise hopefuls: “We are able to provide capital, we are able to provide steering, however we will not set the trail for you. What you guys have, is a product and an concept, and a hope.” (per Shark Tank Weblog)
Because of this, Mark Cuban, Kevin O’Leary, Robert Herjavec, and Daymond John had been out. The one Shark left standing was Barbara Corcoran, who noticed potential in Combine Bikini. The profitable businesswoman has revealed what she appears for in an individual earlier than investing, and it seems that this spirited duo had it. She provided Scozzafava and DiSilvestro $50,000 in change for 25% fairness, which they heartily accepted.