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‘Shark Tank’: Was IceBeanie founder right to pick Mark Cuban? Here's why Daymond John said he wasn't a ‘scumbag’

A professional big wave surfer, Nic Lamb grew up in Santa Cruz California and had been surfing since when he was five years old

Suffering from chronic stress and headaches? Here's an antidote for you that will make you feel lightheaded. An entrepreneur from Santa Cruz, California, got the Sharks chilling as they tried on his line of cool headwear designed to eliminate tension headaches.

A professional big wave surfer, Nic Lamb grew up in Santa Cruz California and had been surfing since when he was five years old. The idea first came to him after wiping-out surfing the largest wave in the world — Nazaré in Portugal. He had a serious concussion and suffered from post-concussion migraine headache like symptoms for months. While using ice packs, he wondered why wasn't anything else out there. 

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‘Does it grow hair?’

A clip from his surfing days played on-screen when Lamb presented his product and Robert Herjavec couldn't help but ask if it was the real footage. Narrating his experience, Lamb said it was six to seven storeyed building tall. “It's like NASCAR meets the ocean,” he said and let all Sharks try it on. He was asking for a $50,000 investment in exchange for a 10 percent stake in his company.

Kevin O'Leary had his doubts about whether it will survive in the market but all Sharks seemed to love the experience of having it on their head. “Does it grow hair?” O'Leary joked. Even though Lamb explained that his product had three doors open — hospital, sports, hangover... Kevin didn't agree with him. Many couldn't stop laughing over Mr Wonderful's statement.

Who finally got the deal?

Talking about sales, Lamb revealed that he had sold 25,000 units and made 100,000 dollars. Mark seemed sold on the idea and said it made sense to use it “instead of pouring water or putting a towel.” Keeping his basketball team Dallas Mavericks in mind, Mark was quick to make an offer — $50,000 for 30 percent. When Lamb counter-offered, asking, “Would you go to 25?” Mark instantly agreed.

The deal was done but other Sharks were not too happy. “You didn't want to hear my offer?” irked Daymond John asked. Even though Daymond made a better offer, Lamb said no. He turned down Daymond's offer saying he already made a deal with Mark and he had to honor that. Daymond then said “congrats on your deal,” and “for proving you're not a scumbag.” Mark then sarcastically retorted, “You snooze you lose.”

‘Maybe Mark Cuban can help get the price down?’

“He fell off another 7 story wave into a sea of Sharks! What about our offers?!” Daymond John joked on Twitter. Daniel Lubetzky said, “#IceBeanie guy showed integrity by sticking to deal w @MCuban. Hopefully, Mark will make it all worthwhile!”

One viewer wrote “The ice beanie guy will probably build his company up to a certain point, sell it and go full time. I don’t think he’s really into business.” Another wrote. “I’ve seen @tryicebeanie on Facebook and it’s definitely interesting but too expensive. Maybe @mcuban can help get the price down? Congrats on the deal!” A third chimed in, “My favorite thing about the #icebeanie presentation is that he thought it necessary to bring a surfboard when everything about him screams surfer.”

Did he do the right thing?

Many viewers hailed him for sticking to Mark and also thought that he was the right Shark! “I give that man a ton of credit for saying No, already made a deal with Mark instead of taking the higher offer. one fan said and another posted, “I agree he should have heard the rest of the offers. Maybe next time Daymond.”

“I'm glad this guy stayed with @mcuban! He was the right shark for this deal. #SharkTank,” one opined.

Did he make a mistake by saying yes to Mark Cuban too early? What are your thoughts? Tell us in the comments below. 

‘Shark Tank’ Season 12 Episode 9 returned to ABC after the winter break on January 8, 2021, at 8 pm ET. Catch the new episode featuring Jax Sheets, The Pizza Cupcake, IceBeanie and Draft Top on February 12, 2021, at 8 pm ET or 7 pm CT on ABC.