Next up are Christian Schauf and Mike Escamilla of The Seventy2, seeking $100,000 for five percent equity.

Key Takeaways: The Seventy2 Shark Tank Update

  • Product: 72-hour survival kit designed for emergencies.
  • Investment Ask: $100,000 for 5% equity.
  • Shark Response: Secured a deal with Robert Herjavec for $200,000 and 10% equity.
  • Post-Show Success: Continued focus on expanding product lines and enhancing the brand’s presence in the survival gear market.

The Seventy2: A Quick Overview

The Seventy2 is a 72-hour survival kit that provides the necessary tools to survive a hurricane, earthquake or other emergency situation.

According to their website, “95% of all survival situations are resolved within 72 hours, but those first 72 hours are very critical. Having the right gear can be the difference between life and death. Keeping that in mind, we collaborated with first responders, doctors, special forces operators, mountain guides, and other experts to create the best 72-hour survival kit in the world, a product that can turn a potentially life-threatening situation into a small inconvenience.”

The kit costs $350 and includes 35 tools and instructions that allows for preparedness in a number of emergency situations.

In six months, they have done $700,000 in sales.

They are more expensive than their competition. Barbara Corcoran likes their authenticity but goes out, followed by Mark Cuban for thinking they need only money. Robert Herjavec sees a lot of challenges but offers $200,000 for 10 percent, which they immediately accept after Herjavec threatens to go out.

Social Media Reacts to The Seventy2’s Appearance on “Shark Tank”

Closing Thoughts

Each week on “Shark Tank,” budding entrepreneurs have the opportunity to pitch their emerging businesses to multi-millionaire and billionaire investors, known as sharks:

  • Mark Cuban, owner of the Dallas Mavericks;
  • Daymond John, fashion mogul and founder of FUBU;
  • Kevin O’Leary, self-proclaimed Mr. Wonderful and founder of O’Leary Financial Group;
  • Barbara Corcoran, real estate maven; Lori Greiner, queen of QVC;
  • Robert Herjavec, technology guru and founder/CEO of the Herjavec Group.

Philanthropist and Virgin Group founder Richard Branson, Spanx founder Sara Blakely, Skinnygirl Cocktails founder and Real Housewife Bethenny Frankel, Vitamin Water founder Rohan Oza and former MLB player Alex “A-Rod” Rodriguez are also slated to appear as guest sharks this season.

“Shark Tank,” which is based on “Dragons’ Den,” is produced by Mark Burnett and first debuted in 2009. To date, the sharks have invested more than $100 million in various companies after engaging in numerous bidding wars and shark fights. A new episode airs each Sunday at 9 p.m. on ABC.

Would you buy The Seventy2 survival kit? Sound off in the comments section below!