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Shark Tank: BubbleBlaster Accepts $180,000 From Mark Cuban and Alex Rodriguez

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Couleur / Pixabay

Friends, Stason Strong and Brad Hall, came to the Shark Tank to showcase their signature product, BubblyBlaster. Their patented system quickly and easily snaps into place on any champagne bottle, allowing consumers to celebrate longer while using less champagne. Designed to easily fit into any champagne bottle, the BubblyBlaster turns any traditional bottle into a champagne cannon that keeps the bubbly fresh and the mess to a minimum. Without even shaking the bottle, the BubblyBlaster can shoot champagne up to 30 feet, making it a must-have accessory for all celebrations.

A mechanical engineer by trade, Stason helped to develop the 3D printed prototypes with some help from his friends at SpaceX. Although they have been able to successfully get the business off the ground, generating $560,000 in sales, Statson and Brad are seeking the partnership of a Shark to help them fund inventory and strategically drive their marketing to increase sales and revenue. The pair would like to find a Shark that is willing to invest $120,000 into BubblyBlaster in exchange for 20% equity in the company. Currently, Brad and Statson are 50/50 partners and have no debt in the company, which is always attractive to potential investors. They also have great margins which have produced sales growth through their own website and on Amazon.

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    Although the Sharks like the product and the financial end of the business, they were cautious to invest in a novelty item that is not likely to produce repeat, consumable sales. Mark Cuban and Alex Rodriguez are interested in investing in BubblyBlaser, however, as they can see this product selling very well in the athletic market. They both agree that they could see teams loving this product and using it to celebrate in every major sporting event, regardless of the actual sport. The Sharks decided to partner up and offered to invest $180,000 collectively in exchange for 30% of the company. Brad and Stason agreed to their offer.

    Do you think that Mark and Alex made a wise investment by partnering with BubblyBlaster? If you were Brad and Stason would you have given up 30% equity to land these two Sharks and gain partners in the athletics market? Start the conversation in the comments below!


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