Guest Shark Chris Sacca, billionaire Silicon Valley venture capitalist, joins the panel in Shark Tank episode 704. As an early investor in Kickstarter, Sacca will be pleased that 3 of the 4 businesses presenting used the crowdfunding platform in the early stages of their businesses.
Drew Mitchell and Mike Doyle pitch Rent Like a Champion, the AirBnB for college football fans, seeking an investment to expand their growing national, niche housing business. Rent Like a Champion is the only business in episode 704 that didn’t do a Kickstarter campaign. Danny Grossfeld hopes to get a shot in the arm for HotShot, his ready to drink hot coffee in an aluminum can business. Grossfeld had an unsuccessful Kickstarter bid back in the spring of 2015. Ryan Frayne hopes to inflate the value of his business, Windcatcher – a special valve that can effortlessly inflate everything from air mattresses to bouncy houses. Frayne raised $149,405 on Kickstarter back in 2013. Sisters and educators Lavanya and Melissa Jawaharlal are looking to the Sharks to help them grow Stem Center USA, their after school education program that teaches science, technology, engineering, and math with a true hands-on approach. The young women raised over $100K in 2014 on Kickstarter to fund their educational robotics kit called the PI Robot.
Which businesses will leave the Tank with a new partner and an infusion of cash?
The Sharks
- Investor – Mark Cuban
- Investor – Chris Sacca
- Investor – Kevin O’Leary
- Investor – Lori Greiner
- Investor – Robert Herjavec
Entrepreneurs
- Company – HotShot
- Company – Rent Like a Champion
- Company – Stem Center
- Company – Windcatcher
- Company – Update – SWAG Essentials
Lydia Evans told Daymond she liked “long romantic walks to the bank” back in season 6. Even though the Sharks liked Lydia and her product, they thought it was too early to invest in her business. Despite leaving the Tank without a deal, Lydia went on to do over 6 times her previous sales. Her success earned her an update segment where we’ll learn more about her progress.
There are 28 Shark Tank Episodes for Season 7. This season features two new Sharks and a host of other surprises. Casting is currently closed, but it never hurts to get a head start on season eight! If you would like to appear on the show, check out our Auditions and Casting information.
Episode 704 – The Shark Investors and Entrepreneurs
The Shark Tank Episode 704 entrepreneurs will make their best pitch to the panel of five Shark investors who will use their own money if they choose to invest. The Shark Investors negotiate on the spot without any previous information, which differs from typical negotiations between venture capital investors and entrepreneurial start-ups.
Companies pitching the Shark Investors must go through a rigorous due diligence process before an on-air deal is completed. Shark Tank Blog follow ups help you keep track of the companies that end up successful and the ones that don’t complete their deal.
Thank you for reading SharkTankBlog, the number one site for Entrepreneurs, Investors and Fans. Our content updates multiple times day, giving you the latest information on Episode 704, Season 7, and all other seasons and episodes.
Episode 704 Press Release
“Episode 704” – Former Google executive and billionaire Silicon Valley venture capitalist, Chris Sacca, best known for being among the earliest and largest investors in companies such as Twitter, Uber, Instagram, and Kickstarter, joins the Tank as a Guest Shark. He finds himself in a heated battle with Lori Greiner over a tech education business that’s right up his alley, started by two impressive sisters from Pomona, CA. Two sports fans from Chicago, IL have a specialized version of a popular home rental website; an entrepreneur from Bayside, NY has a unique twist on everyone’s favorite hot drink; and an inventor from Portland, OR has developed a revolutionary device that can inflate objects in mere seconds. Also, an update on Lydia Evans from Houston, TX, who failed to secure a deal in the Tank during Season Six for SWAG Essentials, her loofah soap company, on FRIDAY, OCTOBER 30 (9:00-10:01 p.m., ET) on the ABC Television Network.
The Sharks in this episode of “Shark Tank” are Mark Cuban, Lori Greiner, Robert Herjavec, Kevin O’Leary and Guest Shark Chris Sacca.
