Segment one’s company is Uncharted Supply company introducing the product SEVENTY2. SEVENTY2 is a backpack that has the essential tools and things needed when being involved with an emergency situation such as an earthquake. The backpack consisted of 35 tools to help survive the most crucial hours after an emergency which they mentioned was the first 72 hours. The bag has how to use each item when to use it and it is color coordinated. They pitched that it would help people in difficult situations by only having items that are necessary and will help. The pack includes a power bank to charge phone and stay connected after an emergency. The sharks questioned them about how they are doing money wise and they were surprised when they …show more content…
The products name is Jackson Honest tortilla or potato ships. Their main idea was to bring in a plant based product that used coconut oil by bringing in a healthy fat. The idea of a low carb diet and high fat diet worked for their son and they began using the oil base in their cooking. The sharks enjoyed the taste and was pleased by the well-done packaging and branding. The difficult thing the sharks mentioned was the value of the product and the competitive prices for shelf space. The parents were asking for $1.25 million and 5% stake. They received an offer from Rohan matching the $1.25 million but countering at 20% of company. Rohan mentioned how they need to get the growth back up. He is a credible source because he has experience selling and investing in a chip brand. The sellers did not appreciate the offer and countered back with 7.5% at stake. Countering again Rohan offered 17.5% stake. Still not happy with the offer the sellers countered again at 10%. Rohan seemed to make his final offer after mentioning he normally would not go below his initial offer of 20%, but he saw the potential in the brand and offered 15% stake. The sellers whispered to discussed and agreed on the