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Show Synopsis from 'In the Shark Tank'Susan Knapp was the third entrepreneur to take a dip in the shark tank's second episode, which aired on Sunday August 16th, 2009. She was looking for $500k for a 15% stake in her company, A Perfect Pear. Her company sold gourmet food products such as jam’s. A Perfect Pear was sold in 650 stores and had sales of $700k with $100k in orders that she was not able to fill. Banks were unable to lend her the money to fill the orders because of the credit crunch. Kevin O offered $500k for 70% then Daymond offered $500k for 51%. Kevin Harrington and Robert offered the full amount for 50%. Susan counted with 49% but The Sharks would not accept, so she accepted Robert and Kevin H’s deal. Although she gave up more than she wanted, she gained a huge amount of business experience which should help her company get to the next level. UPDATE: View WalletPop's After Shark Tank interview with Susan Knapp here: |
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