Cup A Bug
DealBug catcher
Cup A Bug is a bug catcher that got its big break on Shark Tank in Season 15, and convinced Mark Cuban to invest.
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From the show
The Shark Tank pitch
- $50K
- Asked for
- 10%
- Offered equity
- $500K
- Sought valuation
- $75K
- Deal amount
- 20%
- Deal equity
- $375K
- Deal valuation
Founder Justin Huang stepped onto the carpet in Season 15, Episode 15 in the episode that aired February 23, 2024. Cup A Bug, the bug catcher, pitched in the Home & Lifestyle category, one of 260 home & lifestyle businesses to brave the Tank across all 17 seasons.
The ask was $50,000 for 10% of the company, an implied valuation of $500K.
Mark Cuban made the deal at $75,000 for 20% equity. That priced the company at $375K, a haircut from the $500K the founders walked in asking for, which is how negotiations in the Tank usually go.
Season 15 saw 87 pitches, and 59 of them closed a deal on air. In the Home & Lifestyle category overall, roughly 68% of pitches have landed a shark across the show's history.
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Frequently asked questions
Where can I buy Cup A Bug?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name. The company's official website is another option.
Did Cup A Bug get a deal on Shark Tank?
Yes. Cup A Bug closed a deal for $75,000 in exchange for 20% equity, with Mark Cuban.
Which shark invested in Cup A Bug?
Mark Cuban invested in Cup A Bug ($75,000 total as aired).
What season of Shark Tank was Cup A Bug on?
Cup A Bug appeared in Season 15, Episode 15, which aired February 23, 2024.
How much was Cup A Bug asking for on Shark Tank?
The founders asked for $50,000 for 10% of the company, a $500K valuation.
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