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SHARK TANK FEEDING FRENZYYYYYYYY!
Oh I just love it when that happens.
But SOMEHOW, Michael talks all three of them OUT of their offers. Oof.
His valuation of his product somehow leaps, mid-segment, to $15 million after the initial valuation of $1.8 million he put on it when he walked into the Tank. Why? I feel like some of this got left on the cutting room floor or something.
Finally, after everyone else goes out, Michael crawls back to Lori, who has replaced the dollar signs in her eyes with pointy, stabby daggers.
It's hard to remember at this point - what with all the drama that's been unfolding - that this is a SUPERB product. Just ground-breaking. Everyone I know is getting them for Christmas this year. (Oops - cat's out of the bag now, I guess.)
But now, back to the recap. Lori offers him $90,000 for 8% - basically what he asked for to begin with, plus 3% for his wishy-washiness. After a LOT of huffing and puffing and sighing, Michael FINALLY accepts her offer.
I can't personally think of a more dramatic segment in the Tank. Lots of emotions, lots of highs and lows, and - most importantly - lots of money. (Money that failed to actually materialize, but the OFFER of money at least.)