'Shark Tank': Mark Cuban closes deal with Katamco Toilet Timer, unhappy fans call it 'bowel blocker'
Katamco Toilet Timer founders- Adam and Katie Stephey may have convinced Mark Cuban about the efficacy and value of their quirky product but fans don't seem to be entirely sold on the idea. Husband and wife duo- Adam and Katie stepped into the tank with a pitch that claims to be a solution for all 'poo-crastinators' out there. The couple displayed a small nifty sand timer which helps a person not spend over five minutes in the toilet so that they won't miss out on anything important in life.
When the sharks heard the couple's pitch, they were all up in arms against the pitch. Mark Cuban simply said hell no, before adding that bathroom time is the only time when a person can get some alone time. Daymond John and Kevin O'Leary on the other hand were puzzled about the product and couldn't understand whether it was a gag product or a product with some value.
Barbara Corcoran and Lori Greiner too had their reservations about the product. So, it came as no surprise when almost all the sharks passed on the couple's request for $200K in exchange for 10% stake in the company. Adam and Katie tried to reel in the sharks by sharing their impressive performance since the inception of their business and their sales projection for the current year. When the sharks still seemed hesitant about shelling out their money, the couple were readying themselves to walk out of the tank empty-handed.
But Cuban swooped in at the eleventh hour and saw how these gag gifts had a value to them. He expressed his interest in making an offer and came up with a counteroffer of $200K for 25% stake. Adam and Katie wasted no time in happily accepting Mark's offer and making a deal with the shark. The couple left the tank feeling over the moon with their accomplishment.
Fans seemed to be siding with the other sharks, as they wondered why anybody would need a toilet timer. A fan tweeted, "Omg people are really buying this timer like that #SharkTank." "Toilet timer? Pass. #SharkTank," wrote a fan. "I don’t like this poo timer. No thanks. I’m out. @ABCSharkTank #SharkTank," declared a fan.
Omg people are really buying this timer like that #SharkTank
— J. Seaberry (@JJSea) December 5, 2020
I don’t like this poo timer. No thanks. I’m out. @ABCSharkTank #SharkTank
— John G (@JohnG500) December 5, 2020
Few other fans began pointing out the flaws in the design of toilet timer. A fan shared, "The timer doesn't even have an alarm? Too easy to ignore / forget. #SharkTank." "A toilet timer is SO WEIRD! What happens if you’re a person who suffers from constipation? Talk about a bowel blocker.#SharkTank," joked a fan.
The timer doesn't even have an alarm?
— Lisa 🌲 Chau || Clover Canal 🍀🍀 (@Lisa03755) December 5, 2020
Too easy to ignore / forget.#SharkTank
A toilet timer is SO WEIRD! What happens if you’re a person who suffers from constipation? Talk about a bowel blocker. 😂🤣😂🤣 #SharkTank
— Elsa❤️🇺🇸💚🐕💛🦋🧡⚾️💙🇵🇷🤍 (@Elsa050467) December 5, 2020
'Shark Tank' Season 12 airs every Friday at 8/7c only on ABC.