Kickstarter

First into the tank is Yair Reiner of Frywall, seeking $100,000 for 10 percent equity.

Frywall is a silicone splatter guard that minimizes messes in the kitchen. The cone is simply lowered into a pan to prevent splatter while cooking food such as bacon and burgers. According to their Kickstarter campaign, “Frywall keeps the sizzle in the pan and the mess off your stovetop. [It] provides uninterrupted protection, even when adding, removing, or stirring ingredients.” It starts at $21.95 for a 10-inch pan and is available in four colors: red, orange, green and black.

Approximately 75 percent of sales their sales occur online and in one year, they have done more than $800,000 in sales. Kevin O’Leary likes his story and jumps in with an offer of $100,000 for 15 percent. Robert Herjavec then goes out because he doesn’t know how he could help the company.

Mark Cuban doesn’t necessarily agree that Frywall should be in retail, but Reiner just wants to make sure his product is “defensible.” Daymond John also offers $100,000 for 15 percent, the same offer as O’Leary. Lori Greiner then offers Reiner her “golden ticket” and offers $100,000 for 10 percent—the original ask. John then counters himself at 10 percent. Instead of accepting one of the three offers immediately, Reiner says he wants to hear Cuban out, which causes Greiner to second guess her offer. Cuban then goes out. Reiner quickly accepts Greiner’s offer.

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

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; and 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 use FryWall? Sound off in the comments section below!