Magic Moments allows you to upload the photo to their application, and then they will print it on t-shirts, mugs and other items. Magic Moments is different; they allow you to sell your photos on their site. You can earn money selling your pictures on their website.
Magic Moments has deal with CafePress
They work with a public company called CafePress to ensure legal sale of their photograph on Magic Moments.
Magic Moments is CafePress mobile App exclusively through a licensing deal, but they are pre-revenue. They are working with them on a straight revenue deal.
Sanford, Trevor, and George built the technology for the mobile app and then approached CafePress for an exclusive deal. They mapped their technology into CafePress.
Sanford Nelson, Trevor George, and Blake George raised $500,000 from friends and family for 33% equity.
Company: Magic Moments
Entrepreneur: Sanford Nelson, Trevor George, and Blake George
Ask: $500,000 for 15% equity
Companies in this episode: DoorBot, SLAWSA, Surprise Ride
Season: Season 5 Episode 509
Sharks: Mark Cuban, Daymond John, Kevin O'Leary, Lori Greiner, Robert Herjavec
First Aired: 11/15/2013
Deal: No Deal
What do the Shark Tank Investors say about Magic Moments
Mark Cuban believes that if he takes a picture on his phone, he will transfer it over to his PC. He is not going to do it on his phone because it is a hassle. He is out.
Daymond John tells them until you have proof of concept of sales you only have an opinion. Damond is out.
Kevin O'Leary believes he can spend $3-400,000 and emulate their deal. He is out.
Lori Greiner asks why someone would want to buy the pictures that other people will take? She is out.
Robert Herjavec doesn't see the immediacy of this deal; he is out.
Magic Moments after Shark Tank
Not much happened after their appearance on Shark Tank in 2013. Their last post on the Facebook page is November 2013. The website still points to the Apple Store App, but it is no longer available.