The Floating Mug Co
No Deal. - Novelties
The Floating Mug Co, the . - novelties, landed on the national radar after pitching the sharks in Season 6, where it won fans even without landing a deal.
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From the show
The Shark Tank pitch
- $75K
- Asked for
- 15%
- Offered equity
- $500K
- Sought valuation
The entrepreneurs faced the sharks in Season 6, Episode 2 in the episode that aired September 26, 2014, bringing their Charlotte, NC business with them. The Floating Mug Co, the . - novelties, pitched in the Home & Lifestyle category, one of 260 home & lifestyle businesses to brave the Tank across all 17 seasons.
They came in asking $75,000 in exchange for 15% equity, putting a $500K valuation on the business.
The Floating Mug Co couldn't land an offer the founders would take, and the pitch ended without a deal. History says that's survivable: several of the show's biggest success stories left the Tank empty-handed.
Across Season 6, 66 of 116 pitches ended in a handshake. 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 The Floating Mug Co?
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 The Floating Mug Co get a deal on Shark Tank?
No. The Floating Mug Co pitched the sharks but left Season 6 without a deal.
What season of Shark Tank was The Floating Mug Co on?
The Floating Mug Co appeared in Season 6, Episode 2, which aired September 26, 2014.
How much was The Floating Mug Co asking for on Shark Tank?
The founders asked for $75,000 for 15% of the company, a $500K valuation.
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