The Mensch on a Bench

Name: The Mensch on a Bench
Availability: InStock

Deal

Holiday Cheer

Season 6 · Ep 12 Home & LifestyleAired December 12, 2014

The Mensch on a Bench is a holiday cheer that got its big break on Shark Tank in Season 6, and convinced Lori Greiner and Robert Herjavec to invest.

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From the show

The Shark Tank pitch

$150K
Asked for: 10%
Offered equity: $1.5M
Sought valuation: $150K
Deal amount: 15%
Deal equity: $1M
Deal valuation

Founder Neal Hoffman stepped onto the carpet in Season 6, Episode 12 in the episode that aired December 12, 2014, bringing their Madeira, OH business with them. The Mensch on a Bench, the holiday cheer, pitched in the Home & Lifestyle category, one of 260 home & lifestyle businesses to brave the Tank across all 17 seasons.

The ask was $150,000 for 10% of the company, an implied valuation of $1.5M.

Lori Greiner and Robert Herjavec teamed up at $150,000 for 15% equity. That priced the company at $1M, a haircut from the $1.5M the founders walked in asking for, which is how negotiations in the Tank usually go.

Season 6 saw 116 pitches, and 66 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.

Lori Greiner$75K Robert Herjavec$75K

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Frequently asked questions

Where can I buy The Mensch on a Bench?

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 Mensch on a Bench get a deal on Shark Tank?

Yes. The Mensch on a Bench closed a deal for $150,000 in exchange for 15% equity, with Lori Greiner and Robert Herjavec.

Which shark invested in The Mensch on a Bench?

Lori Greiner and Robert Herjavec invested in The Mensch on a Bench ($150,000 total as aired).

What season of Shark Tank was The Mensch on a Bench on?

The Mensch on a Bench appeared in Season 6, Episode 12, which aired December 12, 2014.

How much was The Mensch on a Bench asking for on Shark Tank?

The founders asked for $150,000 for 10% of the company, a $1.5M valuation.

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