The Beer Blizzard is the creation of Tom “Ozzy” Osborne and Mike Robb. A small device that freezes and goes in the indentation of the bottom of a can. Will the Shark Tank Investors bite?
The Beer Blizzard is certified
They have had the Beer Blizzard certified. A beer on a hot day will go warm in six minutes. Add the Beer Blizzard and the insulator, and it stays cold for twenty-one minutes. They have two patents pending, a design and utility patent.
The Beer Blizzard works with soft drinks as well, and that limits their audience. They make the point that people don't walk around with an insulator on a pop can. The Beer Blizzard raised $43,000 in forty-five days.
They have sold $135,000 in six years, with the majority of online sales. The Beer Blizzard has As Seen on TV on their package. Robert asked where they have been on TV, and he said we did that for here! The Sharks cracked up.
Company: The Beer Blizzard
Entrepreneur: Tom “Ozzy” Osborne and Mike Robb
Ask: $100k for 20% equity
Companies on this episode: Wondercide, Vengo Labs, The Good Promise
Season: Season 7 Episode 722
Sharks: Mark Cuban, Daymond John, Kevin O'Leary, Lori Greiner, Robert Herjavec
First Aired: 03/18/2016
Deal: Mark Cuban gets the deal at $100k for 25% equity
What do the Shark Tank Investors say about The Beer Blizzard
Mark Cuban likes this, and he likes these guys. He makes them an offer for $100k for 25% equity.
Daymond John doesn't have the time to make all the calls, so he is out.
Lori Greiner offers $100k for 20% equity. She thinks it should be in Bed, Bath and Beyond. They tell her that they have a man crush on Mark Cuban, and they have to go with him.
Robert Herjavec sees their product as a one-shot product, and it is not a full-time business. He is out.
The Beer Blizzard after Shark Tank
The Beer Blizzard is selling online, and they do a Beer Blizzard update after Shark Tank. They have a ton of success. Products are selling all over the world. They have a lot of great media exposure after Shark Tank. Their deal went through with Mark Cuban. They are selling here on amazon.