Vegas Magic Show
No DealEntertainment
Vegas Magic Show is a entertainment that got its big break on Shark Tank in Season 3, where it won fans even without landing a deal.
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From the show
The Shark Tank pitch
- $1.5M
- Asked for
- 20%
- Offered equity
- $7.5M
- Sought valuation
Founder Rick Smith stepped onto the carpet in Season 3, Episode 2 in the episode that aired January 27, 2012, bringing their Cleveland, OH business with them. Vegas Magic Show, the entertainment, pitched in the Media & Entertainment category, one of 29 media & entertainment businesses to brave the Tank across all 17 seasons.
The ask was $1,500,000 for 20% of the company, an implied valuation of $7.5M.
No deal. Every shark declined, and Vegas Magic Show walked. But a Shark Tank appearance reaches millions of viewers whether or not a check gets written, and plenty of no-deal companies have turned that airtime into lasting businesses.
Season 3 saw 60 pitches, and 28 of them closed a deal on air. In the Media & Entertainment category overall, roughly 66% of pitches have landed a shark across the show's history.
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Frequently asked questions
Where can I buy Vegas Magic Show?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.
Did Vegas Magic Show get a deal on Shark Tank?
No. Vegas Magic Show pitched the sharks but left Season 3 without a deal.
What season of Shark Tank was Vegas Magic Show on?
Vegas Magic Show appeared in Season 3, Episode 2, which aired January 27, 2012.
How much was Vegas Magic Show asking for on Shark Tank?
The founders asked for $1,500,000 for 20% of the company, a $7.5M valuation.
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