Live Snowfall On Set During A Pitch In Shark Tank Season 16 Episode 7
After a break of two weeks, Shark Tank Season 16 came back with its seventh episode on 13th December. Bringing the holiday vibes and Christmas extravaganza, it wowed the viewers with refreshing pitches. It also showed the Shark investors present their mentorship aspect who offered key advice to different entrepreneurs.
The variety of offerings showcased on Shark Tank Season 16 Episode 7 was a family-coordinated apparel collection, an advent calendar, a snow shoveling business, and a unique ski/winter wear range. A common factor in each of these was an inclination towards Christmas or the winter season.
The four pitches brought in the episode reflected different sides of Shark Tank, including inspirational stories of entrepreneurs and classic bidding fights. There were also some entrepreneurs who impressed the audiences with their great convincing skills to bag a deal.
The update segment of the seventh episode featured ‘Heather’s Choice,’ which had previously appeared in the fifteenth season.
Below are detailed insights into the four pitches in detail, the entrepreneurs featured, and the update for the day.
Shark Tank Season 16 Episode 7 Pitches
The latest episode offered viewers the most well-prepared pitches that brought a splash of holiday season elements with them. Some of them saw a head-on-head bidding war between panelists like Daymond John and Robert Herjavec. Whereas, others saw great negotiations between the Sharks and entrepreneurs.
Coordinates
The husband-wife duo of Aaron Ross and Sanya Richards-Ross presented the first pitch in the seventh episode of Shark Tank Season 16. Aaron and Sanya impressed the Sharks with their history of Olympic wins and explained their switch to entrepreneurship. ‘Coordinates’ offers coordinated pajamas and loungewear.
The entrepreneur duo entered the show seeking $100K for 10% equity in their coordinated apparel company.
View this post on Instagram
Gnome Advent Calendar
A Texas-based aspiring entrepreneur, Jenna Hess, tried her luck on Shark Tank Season 16 with her captivating product for the countdown to Christmas. Gnome Advent Calendar offers a whimsical world of advent calendars that are handcrafted using authentic fabrics. Jenna said that the calendars are available for different holidays.
A single mom of six kids, Jenna approached the investors seeking $45K for 10% equity in the Shark Tank Gnome Advent Calendar pitch.
View this post on Instagram
Snow Scholars
The budding entrepreneur duo of Jake Pekarski and Philip Loveland appeared with Snow Scholars, a snow removal company, on Shark Tank. Jake and Philip asserted that their venture employed college students for their different plans for homeowners, such as hand shoveling, sanding, or salting.
Making their Shark Tank appearance in the sixteenth season, the Snow Scholars entrepreneurs requested $75K for 10% equity.
View this post on Instagram
Wildcoat
Carlo DiMeo, a Colorado-based entrepreneur, entered the sixteenth Shark Tank season with the final pitch of its seventh episode. His company ‘Wildcoat’ offers a range of winter coats designed specially for skiers. Describing himself as the ‘Papa Bear of Wildcoat,’ the entrepreneur detailed its features and different range.
Carlo tried to win over the Shark Tank panelists by seeking an investment of $350K for 10% equity in his winterwear company.
View this post on Instagram
Entrepreneurs Featured In Shark Tank Season 16 Episode 7
From an Olympic champion duo to a single mother of six kids, Episode 7 of Shark Tank Season 16 offered viewers the most driven entrepreneurs coming from inspirational backgrounds. Others like Jake Pekarski demonstrated their great negotiation skills and thorough understanding of their business.
There was also Carlo DiMeo who brought forth an eccentric product in an entertaining pitch.
Irrespective of their backgrounds and products, each pitcher presented products that had the essence of the winter or holiday season. Below is a detailed explanation of the entrepreneurs and their businesses.
1. Aaron Ross and Sanya Richard-Ross
Business Name: Coordinates
Product:
- The company offers a range of coordinated pajama and loungewear clothes for different ages and genders.
- Aaron Ross and his wife, Sanya Richard-Ross, have established the venture so that families can wear similar clothing and build lasting memories.
- The entrepreneurs presented their Christmas collection on Shark Tank and claimed that they were the pajama and loungewear partners for the USA Olympic team.
Deal Status: The journey of Coordinates culminated with a Shark Tank deal. After a small emotional moment, entrepreneurs Aaron Ross and Sanya Richards-Ross secured the deal from their only offer by Robert Herjavec.
Net Worth: As of 2024, with a 10% annual growth rate, Coordinates’ net worth is estimated at $732K.
2. Jenna Hess
Business Name: Gnome Advent Calendar
Product:
- As the name suggests, the Gnome Advent Calendar offers a fantasy-filled world of advent calendars using gnomes of different types.
- Jenna appeared on Shark Tank pitching for her gnomes created especially for Christmas.
- The business also offers several other gnomes for different holidays, like Halloween and Easter.
Deal Status: The Gnomes Advent Calendar earned praises from the Shark Tank judges for its ‘cute presentation’ and the visually attractive gnomes. However, Jenna failed to get any offer from the investors.
Net Worth: When it comes to the net worth, at a 10% yearly growth rate, the Gnome Advent Calendar 2024 projections reveal the figure to be $800K.
3. Jake Piekarski and Philip Loveland
Business Name: Snow Scholars
Product:
- Jake and Philip presented their side hustle for college students through Snow Scholars.
- The business allows homeowners to get snow cleared from their driveway through the hand shoveling, salting, and sanding plans of Snow Scholars.
- The entrepreneurs revealed that they currently work on two campuses and plan to reach 140 more across the US and Canada.
Deal Status: The entrepreneur duo received three offers from different Shark investors. After intense questioning and negotiation, Jake and Philip sealed the final deal with Mark Cuban.
Net Worth: With an estimated growth rate of 10%, the net worth of Jake and Philip’s Snow Scholars is about $1.11 million.
4. Carlo DiMeo
Business Name: Wildcoat
Product:
- As seen on Shark Tank Season 16, Wildcoat offers a range of ‘silly’ and ‘fun’ winter coats for skiers.
- According to Carlo, made of faux fur, his different coats resemble polar bears, pandas, buffaloes, wolves, and grizzly bears.
- Additionally, Wildcoat has an adjustable hood that fits over a helmet, a hat/bear head, a magnetic storm flap, and magnetic mitt attachments.
Deal Status: Although the other Shark investors were apprehensive, Robert Herjavec and Daymond proposed their offers to the Wildcoat entrepreneur. After a competitive bidding fight between the two panelists, Carlo DiMeo managed to secure a deal from Robert.
Net Worth: During the negotiation round, Carlo revealed that he is estimating sales of $700K for Wildcoat this year.
Shark Tank Season 16 Episode 7: Heather’s Choice Update
The seventh episode of Shark Tank Season 16 featured ‘Heather’s Choice’ in its update segment. Having appeared in the fifteenth Shark Tank season, Heather’s Choice is a gourmet camping meals company. The business was brought to the Shark investors by Heather Kelly.
During her appearance on the show, Heather revealed that her business was struggling to survive. Although she failed to get a Shark Tank deal, the entrepreneur received some great tips from Sharks like Candance Nelson and Mark Cuban.
In the update, Heather revealed that by the time of her Shark Tank journey, Heather’s Choice had made $5 million in lifetime revenue in nine years. Debt for her business was a huge $1 million, which made her run out of cash. But everything changed after her Shark Tank episode.
The Shark investors reached Heather, and she received feedback from customers and Shark Tank viewers. Based on the same and expanding into new markets, Heather’s Choice has now made $1 million in revenue in the past seven months. The debt is clearing off, and Heather is getting back cash.
This update revealed that just getting a Shark Tank deal does not guarantee success. Instead, entrepreneurs can thrive by accepting the feedback from Shark investors, which Heather claimed was an ‘eye-opening’ experience for her.
View this post on Instagram
