Shane Cox of Qball enters the tank next, seeking $200,000 for 15 percent equity.

Qball on Shark Tank: Key Takeaways

  • Entrepreneur: Shane Cox
  • Product: Qball, a portable, wireless microphone in a soft foam ball.
  • Investment Request: $200,000 for 15% equity.
  • Sales: $177,000 to date.
  • Shark Offers: Lori Greiner, Mark Cuban, and Rohan Oza: $300,000 for 30% equity.
  • Final Deal: Accepted offer of $300,000 for 30% equity.
  • Market Appeal: Innovative tool for classrooms and corporate settings to enhance communication and engagement.

Qball Company Overview

Qball is a portable, wireless microphone that makes communicating simple and fun.

The microphone is placed in a soft yet durable foam ball, which “keeps the ball rolling” in classroom lessons and work meetings.

The QBall costs $179 and features a 75-foot operating range, automatic frequency selection and quiet toss capabilities.

The ball was originally created to not only help students hear better in the classroom but also give “teachers a fun and innovative way to capture each students attention and spark their curiosity.”

The Sharks React to QBall

The sharks are intrigued and guest shark Rohan Oza finds it very clever. Its main use is in the classroom. To date, they have done $177,000 in sales. Mark Cuban thinks it will be very difficult to scale and Robert Herjavec agrees. He goes out.

Lori Greiner thinks it would be huge in a corporate setting and, along with Mark Cuban and Oza, offers $300,000 for 30 percent equity. Cox counters 25 percent, which Cuban declines. Ultimately, he accepts their initial offer.

Social Media Reacts to Qball’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; 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 a Qball? Sound off in the comments section below!