Robert declined their new offer because he felt the value he and Daymond brought would be worth much more in the long run than the additional $25,000. And who wants to be a ball boy for their friend? This machine Runs through a U.S. standard electrical outlet and does not have any kind of battery. However, it is currently uncertain what the companys net worth will be in the year 2023. Store anywhere. In May 2022, this company generated revenue of $6 million. If it continues to grow like this, it can become a very big company in the coming time. 12 Ft tall net. Finalize: Thomas signed a deal with Mark & Barbara for $250k for a 25% equity. What Happened To Foam Party Hats After The Shark Tank. Thomas Decided in Shark Tank to get funding from sharks in order to grow his company. After appearing on Shark Tank, Jeff Hughes and Annie Hughes decided not to franchise their Legal Grind store. He got a good response from the college recruiters because of his game and he came on the list of state rank top 20 players. Legal Grind, a company that appeared on the television show Shark Tank, was evaluated to be worth $1.3 million. You can get them in groups of 3 ($17.95), 6 ($35.95), 10 ($49.95), and 20 ($98.95), and if you subscribe, you can get 10% off your order. He also has plans to widen his range of machines to include other sports, as well as offer apparel through his company. All the Sharks tried the product and Robert and Kevin immediately mentioned they could tell the product was working by getting the strong taste. So, he took advantage of this gap in the market and invented the Grind Basketballmachine. By Muskan Sharma. The company is also working on perfecting software for the machine that will allow players to track their practice sessions and even use their stats to challenge players from around the world. Kevin found this product cool but it is out, Lori also opted out, Alex didnt like the price & margin and he is out. Their third batch of orders is currently active and promises delivery of the machine in November 2021. He used to go to his high school gym every morning at 5 A.M to practice his game so that the game could be perfected. As a promising basketball player who had to cut short his NBA aspirations due to injuries, Thomas continued to work on his idea, which eventually evolved into his company, Grind. Thomas loved playing basketball in his 2nd grade and participated in the high school varsity team in the 8th grade. He created legal Grind since he is a lawyer by trade and provides legal assistance within his coffeehouse. She attended college at Loyola University Chicago and majored in communications. Legal Grind offers legal counseling, if necessary, so you can order coffee and seek advice. What Happened to Throx Following the Shark Tank Pitch. Legal Grinds mission is to provide middle-income Americans and small companies with inexpensive, skilled legal services in novel ways. This is the site where I share everything I have learned and to help you to become the best version of yourself! Episode Info; Season 12 Episode 23; Episode Number: Network . Jeff and Annie were contestants on season 1 episode 13 of Shark Tank, seeking a $200,000 investment for a 15% stake in their company, which would value it at $1.3 million. Basketballhas been around since 1891. She created her earring organizer invention in 1996 and it opened the door for her to a path of total success. Daymond was wondering if they were looking for just capital or a strategic partner and they both mentioned they highly valued the partnership. Legal Grind is a firm that offers low-cost legal representation for uncontested legal situations, such as spousal maintenance and child support, divorce, and will draft. Tonight Fields will pitch. This machine is priced at $1,995 in September 2022. Grind Basketball has already sold $215,000 in shooting machines through pre-sales in less than five months on the market. Many videos of this basketball training machine have been uploaded on Tiktok, in which children were seen playing basketball for this machine. What Happened To GRIND Basketball After Shark Tank? His company, Grind, provides an alternative to expensive basketball shooting machines. Thomas told Mark that he can negotiate because he believes that this company can easily become from $5 million to $10 million. According to Basketball World, you will need to shoot at least 300 shots in one day to perfect your form and become unbeatable at the court. Exploring the net worth of guest sharks on season 14 of 'Shark Tank' 1. The Shark Tank net worth - every shark's fortune ranked 8. Despite having some supply chain issues, the startup kicked off with a strong social media presence. Even though Jeff was a lawyer, they needed expert franchise lawyers to assist with such a project. As of late December, 2021, GRIND has logged over a million dollars in pre-orders for the product, and the firm says it will be able to fulfill upwards of 80 percent of those orders by the end of 2022 (via The Business Journals). Hailing from Houston, Texas, Thomas Fields played for the Heights High School basketball team. Creation Nation Update | Shark Tank Season 12, Tristen Ikaika Jewelry Update | Shark Tank Season 13, Dirty Cookie Shot Glasses Update | Shark Tank Season 13, ScreenMend Screen Repair Kit Update | Shark Tank Season 5, Scan Mobile App Update | Shark Tank Season 5, Hamboards Skateboards Update | Shark Tank Season 5, Sunday Night Slow Jams Update | Shark Tank Season 5, Breathometer Smartphone Breathalyzer Update | Shark Tank Season 5. Elly went into the Shark Tank asking for $500,000 for a five percent stake. The Grind machine comes with a 1-year warranty. As of 2023, Grinds Coffee is still up and running. He intends to use his company to inspire inner-city kids to get into sports and also work towards getting them interested in engineering and technology to broaden their horizons. Grind Basketball Shark Tank Tale. Mark & Barbara has not closed the deal with Grind Basketball in September 2022. Firstly, Legal Grind is a specific coffee house in Santa Monica. Thomas and his team havent released any sales figures for 2022. Shark Tank Tales - Find out what happened to the entrepreneurs and businesses of Shark Tank in our After Shark Tank Updates. To date, it doesnt seem as if Jeff and Annie managed to franchise their idea. If the lawyers Jeff networked with couldnt assist, they would refer customers to someone else. For example, if youre worried about the cost of the product, you can divide the payment plan into a maximum of 5 months. Legal Grind has been in operation since 1996. Copyright 2023 SharkTankSuccess.com | The Best Shark Tank Fan Site, Train with ease - the Rebounder basketball System is the ultimate teammate, rolling balls back to you after every shot. Barbara Cochoran threw in an offer for $500,000 with 20 percent while partnering up with Kendra. How much are sharks paid on Shark Tank India? When Akeem was starting, he barely had enough money to mass-produce Flipstik. After presenting his idea to the Sharks, it looked like Fields might gain some investment money to push his design idea forward. This machine is used when you dont want to waste energy collecting dead balls from the court after shooting. 8. What Happened To Surf Band Pro After Shark Tank? -SPONSORED- Gwyneth Paltrow. Naturally, we were intrigued by the machine created by this truly motivated basketball player and decided to dig deeper into how far he and his innovative company Grind had come since appearing on the show! Perhaps this machine will be able to help. He surmised that most customers who came in for coffee had issues they wanted to discuss with him when he worked as a barista. So far, GRIND has sold $215,000 worth of their shooting machines in pre-sales in only five months. Legal Grind remains led by Jeff, who is also heavily involved in the companys daily operations. Selling his SoftKey International company (now The Learning Company) to Mattel for US$4.2 billion in 1999, after founding it in 1986, isn't the only thing that has made O'Leary the. I've always been fascinated by these areas and love exploring the latest trends and developments.In addition to my professional interests, I love to cook, experiment with new recipes, and share my culinary creations with friends and family. The product: heat-free hair rollers created from memory foam, to use while sleeping. Liftid's Worth $25 Million *Approx Is Liftid's Still In Business? They were both sports lovers, but they were also businessmen. Canepa and Pezet were looking for investors. . Mark also felt this investment would take up too much of his time so he went out as well. While his knee injuries were healing, he wanted to practice but didnt want to always rely on his coaches. Legal Grinds social media pages feature consistent updates, and contribute to a website known as the Legal Caf by blogging there. I like to share with people the information about every startup that came on the Shark Tank show. In less than a year, we've sold and shipped THOUSANDS of BEERMKR units. Safely set up, take down and store within minutes. The Grind machine also has wheels to make it easier for you to transport it wherever you want. To make this machine advanced, Thomas Fields is working on upgrading it, he says that this machine will be able to calculate missed shots. Robert Herjavec - $200 million 6. Given the price rate, we need to have a guarantee that the product will work. Its easy to install and can be placed underneath any basketball goal. Since its debut more than 10 years ago, Shark Tank has helped dozens of entrepreneurs achieve their dreams by bringing in millions of dollars in sales. Legal Grind is still in business as of 2022. Thomas suffered two torn ACLs in his sophomore and junior years and a torn meniscus in his senior year. Through this, time is saved and there is no frustration in taking the ball again and again. Legal Grind is a firm that offers affordable legal representation for uncontested legal situations, including spousal and child maintenance, divorce, and will drafting. However, it is always good to do your research based on your personal preferences and budget. Because there they were getting the machine. Grind ended up making $1 million in revenue for 2021. David and Brett went into the Tank seeking an investment of $300,000 in exchange for ten percent equity. The additional app for the machine will also eventually be used to share the practice stats of young players with college coaches and recruiting experts, reducing the chances of hard-working players being overlooked. Unfortunately, the deal with Daymond and Robert didnt work out in the end but that didnt stop the business from growing. Mark Cuban. Girl with Deadly Inherited Condition Cured with Gene Therapy. Jeff continues to offer legal services through the website and posts legal blogs regularly. Ultimately, Barbara and Mark agreed to invest $250,000 in GRIND for a 25% equity stake and Thomas accepted their offer. But for Cuban and some of the others, the low percentage on the deal just wasn't enough to off-set the potential risk. What Happened To Big Mouth Toothbrush After Shark Tank? Stop wasting time scrambling after loose balls, Heavy duty netting - heavy-duty polyester netting ensures that your basketball returns after every shot. Still, Daymond didnt like the idea of working with lawyers and Kevin Harrington felt they still had a lot of details to work out before theyll be able to successfully replicate Legal Grind elsewhere. Also, there was concern about them not knowing exactly what theyll do with the money from the investment. According to Celebrity Net Worth, Greiner reportedly earns $5 million a year from her jewelry and home accessory business, "For Your Ease . As per the reports of Celebrity Net Worth, the estimated net worth of Gwyneth Paltrow stands high at $200 million. Their concept may be typical of a caf where you can get some coffee and a bite of pie, but its unique. Robert was interested in the numbers and Matt mentioned last year they did $135,000 and were on track to do $300,000 by the end of this year. He struggled to raise money at first, but REDLabs and some angel investors helped Grind launch in 2017. SHARK TANK - Daymond John, Barbara Corcoran, Mark Cuban, Kevin O'Leary, Lori Greiner and Robert Herjavec are the "Sharks" on ABC's "Shark Tank." (ABC/Patrick Ecclesine) . However, the founder is going to add a battery system to this machine so that this machine can be used anywhere on electricity. This machine is useful enough for a basketball player to practice alone. Easy to use. RELATED: 10 Most Successful Inventions From The Shark Tank 9 Lori Greiner The Queen of QVC, Lori Greiner, came up with her first brilliant idea in the mid 90s when she designed a plastic organised to store dozens of earrings at once. They also announced that they plan on creating 56 new jobs with an average salary of $40,0000, in the Westfield area by 2023. Saturday, March 4, 2023. We simply review the products and services that we like from the show. Best of Shark Tank; Business Resources; Latest Shark Tank Episode: Season 13 Episode 22. The companies first product, a basketball shooting machine, is an affordable rebounding machine that aims to make it easier for those who want to practice getting their shots up on their own. Jeff and Annie appeared on Shark Tank requesting an investment of $200,000 for a 15% ownership of Legal Grind. What Happened To Youthforia After Shark Tank? Mark Cuban, with a net worth of $3.5 billion, beats the rest of the sharks' assets . Legal Grind was established as both a coffee shop on Lincoln Boulevard in Santa Monica and a law firm offering low-cost, face-to-face legal services at the tables. The idea was thought up by college students Matt Canepa and Pat Pezet from Cal Poly San Luis Obispo one night when they were doing a project for a class. Kevin O'Leary - $500 million 3. It was founded by Thomas Fields. So, if youre someone whos looking for more efficient ways of practicing basketball, this Grind Basketball reviewwill serve as a guide to determine whether or not this machine is a good fit for you. *Amazon and the Amazon logo are trademarks of Amazon.com, Inc., or its affiliates. Even though the physical facility has closed, Jeff remains the CEO of Legal Grind. He selects the attorneys to whom customers are referred to meet their legal requirements. #SharkTank Novafan23 (@Novafan23) May 8, 2021. They reached an agreement with two of the Sharks after much haggling. Having played baseball, they knew there was a market for an alternative to chewing tobacco. April 23, 2022 March 31, 2022. What Happened To Better Bedder After Shark Tank? Shark Tank investor's rumored net worth explored ahead of Season 14 premiere. Save my name, email, and website in this browser for the next time I comment. Love 1 Sad 0 Happy 0 Sleepy 0 Angry 0 Dead 0 Wink 0 After this episode aired, his order number increased further. Kevin OLeary found no value in the company and dismissed it as terrible theatre.. He added: 'AOC [is] great at killing jobs, she kills jobs by the thousands.' O'Leary, whose net worth is estimated at $400 million, said New York Representative AOC 'threatened to sue [Amazon] if . No, the physical location was shut down in June 2021. After sharing about their company, sharks had many concerns, even though some, like Daymond John, thought it a nice idea. Unfortunately, the price of the machine by this company is extremely high. One of Thomas biggest pain points in his younger days was having to visit his school gym whenever he wanted to use the basketball shooting machine. There arent as many flavors available compared to their website but youll be able to take advantage of Prime shipping. }(document, "script", "aweber-wjs-90cfrp78n")); 2022 Amazon Associates Program. Current net worth is unavailable. These professionals can meet with clients at coffee shops, workplaces, or over the phone or remotely. However, the Sharks had mixed opinions about investing. 30 day risk free trial 500 Shots per hour He got it through his e-commerce website. According to some sources, Grind Basketball has raised $1 million in the seed round. Entrepreneur: Jared Cannon Business: Salads in a jar Ask: $500,000 for 7% equity Result: $500,000 for 10% equity Shark: Mark Cuban and Lori Greiner Featured on Shark Tank Season 12 Episode 16, Simply Good Jars is a salad in a jar designed for those that like to eat on the go. What Happened To Frameri Eyewear After Shark Tank? Kevin Harrington 's is $450 million. Check the quick overview below to see the estimated net worth of each shark who has appeared on this legendary show: 1. Laguna Beach CA 92651 Mark Cuban - $4.2 billion 2. It weighs 100 pounds and opens up into a 12-foot tall machine that helps athletes practice after injuries, work on their shots, and become more well-rounded players. The Grind Basketball Company signed a deal with Mark & Barbara in Shark Tank and it turned out to be a very good deal. About the Founder Hailing from Houston, Texas, Thomas Fields played for the Heights High School basketball team. Keeping this in mind, he decided to build his own portable basketball training machine for a small amount of money. No, The Sharks were not interested in the deal and Jeff and Annie made their way out of the Shark Tank. What Happened To Yellow Leaf Hammocks After Shark Tank. This is a huge success for Thomas business. Currently, they offer 11 different flavors on their website including Red Eye Espresso, New Orleans Style, Cinnamon Whiskey, Spearmint, Mint Chocolate, Wintergreen, Cinnamon Roll-Doughboy, Orange Citrus, Double Shot Espresso, and Double Mocha. With this, the young hustler received over $215,000 in pre-orders and was working on finishing the prototype. And as of this week, we can proudly say, that BEERMKR has brewed over 100,000 beers. Legal grind provides legal representation for uncontested family court matters such as spousal and child maintenance, divorce, will drafting and bankruptcy filing. He preferred training alone, but shooting machines were too expensive. Who is the richest shark in Shark Tank India? Because of her bold idea, she currently has a net worth of $150 million. It costs $1,595 to pre-order the machine in Batch 3, and it is currently available exclusively on the Grind website. Theres also the option of building your packthat way, your can choose the flavours that you like. They gave a brief background of their product Grinds, the benefits of the product with the energy kick it provides, and how it was an alternative to chewing tobacco. The founder of Legal Grind, Jeff Hughes, began the business by delivering affordable legal counsel to low- and middle-income workers via a Santa Monica coffee shop. On the other hand, the coffee shop has shut down, as there are no signs of it in its former location, which, according to the information that can be found online, was on Lincoln Boulevard. Safe and Reliable The Grind machine comes with a 1-year warranty. Jeff and Annie Hughes, in my opinion, might have done more homework before coming on Shark Tank. They build, rent and sell refurbished vans. It does not appear that Jeff and Annie were successful in franchising their idea of Legal Grind to this point. The Sharks wanted a $200,000 investment in exchange for 15% of their company. For one thing, the Shark Tank effect caused their sales to explode. Grind Net Worth 2023 What Happened After Shark Tank? They also discussed how big the industry was for the product and how they had proven demand with 20 major baseball league teams using their product. Started in 2017, Techiegamers is now home to over 500,000 visitors every month and has been featured on websites such as the LA Times, Yahoo, MSN and many more. Lets take a look at some of the other cons of the Grind machine: The Grind Machine is truly portable; it can be folded in a compact, easy-to-carry case and taken anywhere you want to practice. Copyright 2023 Shark Tank Talks - All Rights Reserved. The 73-year-old entrepreneur, who boasts one million followers on TikTok, shared with her followers on Thursday the "most embarrassing moment" she had while filming the ABC show."Get ready with me while I tell you my most . Kevin tried to sell the benefits of his deal of not giving up any equity. He is also one of the judges on Shark Tank India. Daymond Garfield John [1] (born February 23, 1969) is an American businessman, investor, and television personality. He directly selects the attorneys to whom clients are referred for legal requirements. It is taking pre-orders and it has grown to a great extent. Thomas called Mark to use this product, Mark failed 2 attempts to bowl the ball but on the 3rd attempt, he threw the ball. If you can ignore the issues mentioned earlier, then Dr. Drish is a company that provides similar equipment. Some people do try to make money while also doing some good. The weight of this machine is approx 110 lbs. Kevin felt they needed to grow the brand faster before bigger companys do this so he made Matt and Pat an offer of $100,000 and he would receive $0.25 every time they sell a can. In the spirit of making the machine more accessible, monthly payment plans starting from as low as $319/month are available through the website. To help other viewers of the show find out more information about each of the Shark Tank products and services, Ive created SharkTankSuccess.com. The richest of them all also happens to be the only billionaire on the list: Mark Cuban has a jaw-dropping net worth of $4.1 billion. We provide the most recent, unbiased accounts of the news that matters to you. The firm chooses attorneys who meet high standards of professionalism, honesty, empathy, and a sense of mission so that those who would not have access to legal representation would benefit from their skills. So lets find out if the Grind Basketballmachine has outdone all the other companies with its machine. Those who used them as a tobacco alternative also found them helpful. Grinds Coffee Pouches Closing Deal in Shark Tank One shark came and agreed to finance $100,000 in investment, yet he requested a 25 cent royalty for each product sold and the share of 30%. However, most of them are either too expensive or are not portable. The reason Jeff and Annie headed to the shark tank is because they were hoping to franchise their idea. With this portable machine, any one person can easily practice basketball, he does not need any other person. Using design and technology, he plans to offer interactive products that increase the efficiency of the practice sessions of athletes. Pricetitution, $19.99. The GRIND machine weighs 100 pounds and includes a 12-foot net that traps the ball and automatically returns it to the player. For optimal shooting arc. The legal specialists at Legal Grind assist clients in preparing the necessary documents to represent themselves in court. Practicing involves maintaining proper form while shooting the ball through the basketball hoop. Thomas created this company because of torn ACLs, which would not give him much trouble in bringing basketball. Jeff Hughes frequently forgot what he was supposed to say, making his performance quite poor. He joined the show in Season 2 and has been a . Previous Post The Magic 5 Net Worth In 2022 Fields revealed on Shark Tankthat shooting 500 shots can take up to approximately 6 hours. GRIND netted enough Shark Tank funding to take its shot at success ABC In his appearance on "Shark Tank," Fields told the investors he was hoping to get $250,000 in funding with a return. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Email: [emailprotected] Read More: Update On Souper Cubes From Shark Tank. Recently it has completed 10.2k followers on Instagram. However, due to a sluggish economy, job opportunities were scarce for Jeff. This company sold $215,000 of preorders when it was launched, just because of word of mouth. Matt and Pat countered Robert and Daymond with $100,000 for the 15%. For example, a consultation can cost you $45, as stated on the Legal Grind Facebook page. As of 2022, Grind is worth $2 million. Meanwhile, Barbara Corcoran felt that she could bring a lot in terms of business logistics and marketing if Mark would help promote the product. When he was in college, he worked for Red Labs Startup Accelorator for 1 year at Redlabs. She. Home; Business; Shark Tank; SWOT Analysis; Business Models; Economics; Education; DMCA . The net worth of Legal Grind is unknown as of 2022. 700 crore During their pitch, Jeff explained that their company, Legal Grind, earns around $200,000 annually with a profit of $20,000 to $30,000. 'Shark Tank': GRIND Basketball nets $250K deal, fans love product but need for power socket leaves them unsure. Kevin O'Leary has a net worth of $450 million. The Good Place Entertainment production company owner has been a favourite on the show. Add in $100 million more and you have the amount belonging to businessman Kevin O'Leary: $400 million. var js, fjs = d.getElementsByTagName(s)[0]; Grind's founder Thomas Fields has a net worth of 1.3 Million USD as of 2022 . And thats exactly what Kevin OLeary thought was a good idea in the first place according to Gazette Review. I hit rock bottom first though, long before before I found the strategies that Actually Work to create lasting success. Attorney Jeff Hughes founded the Coffee and Counsel model in 1996. At present, this machine is being shipped only to the United States. In addition to this, the company also claims that setting the machine up takes only about 90 seconds, which is music to our ears, honestly. Modified Sep 23, 2022 08:27 IST. In 2014 Initially, he made prototypes of this product, after that when he felt that it had become a perfect prototype, then he built the real machine. Legal Grind was founded in 1996 by Jeff Hughes, a certified attorney who graduated from law school in Los Angeles and passed the Bar Exam. The idea behind the Grind Machine came to Thomas Fields from Houston, Texas, back in 2011 as he sat outside his school gym at 5 am, waiting for his coach to show up so he could use the schools basketball shooting machine. The net worth of Legal Grind is unknown as of 2022. Recurring guest sharks include Daniel Lubetzky, Blake Mycoskie, Alex Rodriguez and Kendra Scott. The Shark Tank judging panel is made up of Mark Cuban, Barbara Corcoran, Lori Greiner, Robert Herjavec, Daymond John and Kevin O'Leary. The reason Jeff and Annie headed to the shark tank is because they were hoping to franchise their idea. Pat and Matt entered the Tank seeking $75,000 for 10% of their company. Despite the setback, the first batch of the pre-orders was shipped. He had always wanted to open a coffeehouse as a child, and when he failed to get a job as a lawyer, he decided to follow his dream and open his coffeehouse. Shipping is also free for all domestic orders above $49 (and all subscription orders above $29). The Grind traces the journey of founder Thomas to the NBA dream behind the start of the basketball company, although Thomass NBA dream did not succeed in his career. All that's left is for Thomas to manufacture and fulfill the orders. As a result, Jeffs mission was to discover a way to provide high-quality legal assistance to as many people as possible. ORDERS TODAY SHIPPING EARLY SPRING 2023 FOR PAYMENT PLANS, select Affirm at checkout Your GRIND Machine will arrive in 2 suitcase-sized boxes ready for assembly. A portable basketball training machine is in demand by every basketball player, however, due to most of the machines being expensive, the player cannot afford them. js = d.createElement(s); js.id = id; Jeff and Annie Hughes certainly had a unique concept when they appeared on Shark Tank for the first time. Barbara Corcoran 's is $40 million. Insider Growth is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. What Happened To GRIND Basketball After Shark Tank? Majid is an Accounting Major at California State University, Northridge. Who are Legal Grind's Competitors? This takes up most of our energy and meddles with our form. It costs $1,595 to pre-order the machine in Batch 3, and it is currently available exclusively on the Grind website. Luckily, through the internet, advice is still on hand for anyone in needjust online. As of 2019, her net worth is estimated at $80 million. Showing all 18 items. With the Grind machine, you can save your energy and time because the machine will do all the extra work. What is Legal Grind's Net Worth? This portable basketball training machine is mounted under the basketball backboard and its net surrounds the basketball backboard. Net Worth Shark Tank Lori Lori Greiner Net worth Shark Tank . Robert Herjavec disliked the concept of Legal Grind and believed that Jeff and Annie had no intention of franchising until recently. 2023 Geeksaroundglobe Powered by | All Rights Reserved. Rate this post Madhav Although it was more equity that he wanted to give away, Fields said yes to the deal! The headquarters of this company is presently in the Greater Houston Area, Southern Us. Shark Tank), Greiner is worth an estimated US$150 million, per The Strive. With the manufacture and distribution of items, The Grind Machine is priced at $1,795.00 and offers payment options. Final Deal: No deal between Sharks and Legal Grind. No Result . Fields approached the tank wanting $250K in exchange for a 5% share in his business. That same year, a personal property tax abatement for the company was approved by the City Council. On "Shark Tank," Gronkowski asked for $100,000 in exchange for a 10 percent stake in his company Ice Shaker. The interest on social media and the traffic on the website "has been crazy," he said.