Episode 516 on March 14 is unofficially called the Shark Tank Young Entrepreneurs Special. This show features four new entrepreneurs who happen to be kids and teenagers. The young entrepreneurs will jump in the Tank just like their adult counterparts; will the Sharks use “kid gloves” or will they treat the kids like adults? 13 year-old Carter Kostler pitches a new way to hydrate on the go with his Define Bottle, a water bottle that infuses fresh fruit into regular old H2O. Kiowa Kavovit and her dad, Andrew, pitch a “liquid bandage” called BooBoo Goo which was created when Kiowa was just 6 years old! Young Henry Miller shows off his flavored honey called Henry’s Humdingers. IReTron creator Jason Li pitches his business which profits from recycling old electronics. Will these young entrepreneurs get the Sharks to bite?
The Sharks
- Investor – Mark Cuban
- Investor – Barbara Corcoran
- Investor – Kevin O’Leary
- Investor – Lori Greiner
- Investor – Robert Herjavec
Entrepreneurs
- Company – BooBoo Goo
- Company – Henry’s Humdingers
- Company – IReTron
- Company – Define Bottle
- Company – Ryan’s Barkery – Update
In keeping with the young entrepreneur theme, Ryan Kelly and his mom, Daniela, get a visit from the Shark Tank Update crew to check on the progress of Ryan’s Barkery. The home-made pet treat company scored a deal with Barbara Corcoran in episode 424, season 4. Shark Tank Blog caught up with Ryan for an Update Interview shortly after they filmed their update segment.
There are 28 Shark Tank Episodes for Season 5. 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 six! If you would like to appear on the show, check out our Auditions and Casting information.
Episode 516 – The Shark Investors and Entrepreneurs
The Shark Tank Episode 516 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 516, Season 5, and all other seasons and episodes.
Hi my name is Peyton Tompkins I am a Junior in High School. I, along with my two younger siblings started Bleu Lavender. An organic lavender farm growing and making lavender products. We make organic products made with the best ingredients we can find. Bleu Lavender Farm makes hand made organic linen sprays, bath bombs, anti-stress perfume roller, sachets, soy candles, lavender bundles, sugar scrubs and bath salts. We make personal baskets, make/distill our own essential oils and sell most of our products at farmers markets. We have not made the Forbes list this year, but I am proud to say I have bought my own car and made every car payment myself. We also donate 10 percent of all proceeds to the American Cancer Society.