Rick Smith wants to create the next biggest magic show in Las Vegas, and he asks the Shark Tank investors to get his production funded. In the end, Rick walks out without a deal, but he is working towards building his show.
Rick Smith Vegas Magic Show Cuts Celery With Cards
The Shark Tank pitch begins with playing cards used by Rick Smith to cut a piece of celery in half held by Mark Cuban. Then, Rick Smith burns Kevin’s “ass” while holding a lighter under Mark Cuban’s chair.
Rick Smith travels all over the country doing Magic Shows making $200,000.
Company: Rick Smith Vegas Magic Show
Entrepreneur: Rick Smith
Website
From: Cleveland, Ohio
Ask: $1,500,000 for 20% equity
Companies in this episode: I want to draw a cat for you, Salespreneur, Rick Smith Vegas Magic Show, Invis-a-rack
Season: Season 3 Episode 302
Sharks: Mark Cuban, Daymond John, Kevin O’Leary, Barbara Corcoran, Robert Herjavec
First Aired: 01/27/2012
Deal:
What do the Shark Tank Investors say about Rick Smith Vegas Magic Show
Mark Cuban says he went for the holy grail instead of asking the Sharks to invest and help him grow his show over time. But, he asked for a $1.5 million check and so, he is out.
Daymond John’s closest friend is the manager of Sigfreud and Roy. He cannot get anyone in Las Vegas. He is out.
Kevin O’Leary asks Rick, why doesn’t he take his $1.5 million and creates Mr. Wonderful’s Magic Show, and I pay you as an employee. Rick offers that he could pay Kevin back twice the money. Kevin tells him that this is an insane risk.
Barbara Corcoran thinks Rick Smith is a cute kid, but he’s nuts asking for too much, too soon. She is out.
Robert Herjavec explains nobody knows Rick, the Magician, that he needs to create a brand before they go to Vegas. Robert’s money his gone the minute he opens the show. You missed a fantastic opportunity. It takes fifteen years to become an overnight success. Not with Robert’s money, he is out.
Rick Smith Vegas Magic Show after Shark Tank
Rick Smith doesn’t have a Vegas Magic Show yet. However, he is working on building his brand using cards to cut into celery, balloons, and other items.
His website prominently lists Coca-Cola as a sponsor of his act. He has appearances on Ellen, America’s Got Talent, Shark Tank, The Tonight Show with Jay Leno, Stan Lee’s Super Hero’s and other shows.
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