Next up are Julie Yenichek and Ryan Huyghe of the Petrol Dog Drink, seeking $150,000 for 20 percent equity.
Petrol is a treat that helps keep dogs healthy and hydrated. According to their website, their “mission is to help all pet owners understand the power of rewarding our furry favorites with all-natural hydration instead of calorie-laden, preservative-filled alternatives.”
The treat, which is available in a resealable 12-oz bottle, includes vitamins and nutrients that keep fur babies healthy. It costs $16.86 on Amazon.
Robert Herjavec likes the logo but Lori Greiner says the product tastes like bone broth after doing a taste test. In a little over a year, they did $16,000 in sales.
Mark Cuban is worried that the duo is “scattered” giving their funding shortcomings.
Guest shark Rohan Oza worries that there’s not a big enough consumer demand and goes out, followed by Barbara Corcoran, who is worried that the business was shelved for a while. Greiner also goes out.
Herjavec thinks there are too many “externalized challenges” and goes out, as does Cuban.
Social Media Reacts to Petrol’s Appearance on “Shark Tank”
Um… They are dogs. Plain water has worked for centuries. Plus plain water is so much cheaper. #petrol #SharkTank
— cooliojones (@cooliojones) January 29, 2018
I was out before they finished their sales pitch. No way I’m giving my dog anything besides water to drink. #Petrol #SharkTank
— Mia (@mep757) January 29, 2018
Why would they ever put this next to HUMAN beverages. Its for DOGS.. and Petrol is Gasoline… #Petrolfordogs #Sharktank
— Tara Broadway (@TaraBroadway) January 29, 2018
The name was stupid. I get they wanted to be cute but I i heard petrol amd automatically thought gasoline. Not good. #SharkTank
— Novafan23 (@Novafan23) January 29, 2018
Wow those last-ditch efforts to get Robert and Barbara… #Petrol #SharkTank pic.twitter.com/DawSjNHBJf
— Amy Naas (@AmyNaas) January 29, 2018
Wrapping Up
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 buy the Petrol Dog Drink from Shark Tank? Sound off in the comments section below!
Read more: Shark Tank: PupBox Accepts $250,000 Offer from Dog Lover Robert Herjavec