Cow Wow Cereal Milk did not get an investment from the Sharks.
Courtesy of cowwownow.com
1. Cow Wow Cereal Milk is a milk drink that tastes like the cereal-flavored milk at the bottom of your cereal bowl.
2. Comes in cute flavors like Fruity Trudy, Peanut Butter Bessie, and Chocolate Chip Cathy.
3. Has less sugar than any other flavored milk drink in the market.
What a ridiculous valuation! Even if you're a brand-new company that's already done $20,000 worth of sales, valuing your company at $2.5 million is lunacy.
Not only that, but Mark points out pretty quickly that when you're competing with giant corporations for shelf space and market share, $250,000 isn't even going to get them a foot in the door. He takes himself out of the negotiation almost immediately.
Daymond thinks it's downright dangerous to market such a high-calorie drink to youths who are already facing an obesity epidemic, Lori is out because she just doesn't like milk, Steve likes the idea and the branding but the taste is only a B for him, and finally Kevin goes out because of the hopelessness of their cause - they will never be able to get market share.
So, things look pretty grim for Cow Wow Cereal Milk, but hopefully they can get out there and "milk" some profits for themselves... til the cows come home.
Chris Puoy & Tiffany Panhilason