‘Shark Tank’: Lori Greiner offers $100,000 to The Matte founder but Kevin O'Leary says money died ‘horrible death’
Do you have too many cosmetics and don't know where to keep them? Need something to help clear the clutter? Presenting The Matte on ‘Shark Tank’. In Season 12 Episode 20, founder Melissa Clayton pitched her product to Sharks and did manage to turn their heads.
The Matte is a collapsible mat designed to lay over your bathroom sink to create an instant counter. Seeking a $100,000 investment for a 20% stake, the entrepreneur from Acton, Massachusetts came with dreams to expand her business with her beauty organizer space saver.
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All the Sharks gave a thumbs down to her product, citing their own reasons, but Lori Greiner thought the product could be put into some use. She offered her $100,000 investment but only as a $33.3 partner. It was a little too much for Clayton and she tried to bargain with her counter offer of 25%.
Meanwhile, Kevin O'Leary couldn't help but butt in with his outrageous reactions on whether she deserved the deal at all. "Are you kidding me?" he turned to Lori and commented at one point. At another juncture, he reacted with a "Whaaat?" to Clayton when she tried to explain how the product could climb the success ladder in the future.
However, Lori wasn't willing to go down from her offer of a 33.3% stake so Clayton accepted the deal and said: "Lori, I trust you, I believe you, let's do it! The best reaction, however, came from Kevin who said: "A moment of silence for the 100,000 that died a 'horrible death'." As Lori giggled at his remarks, he joked again, "Respect the money it had a horrible death please..."
Would you purchase The Matte? Available in black and pink colors, it can be bought at a price of $34.99 on the official website. You can also get a travel bag just for $9.99! Share your thoughts on the product 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 latest episode featuring products like Cheese Chopper, The Matte, OpulenceMD Beauty and FurZapper on April 9, 2021, from 8 pm ET to 9 pm ET.
Missed an episode? Been wanting to catch up? Episodes can also be viewed the next day on demand and on Hulu. Not just that, you can also watch old seasons and episodes on Amazon Prime Video and iTunes.
