Internet divided over Ghia founder Melanie losing deal over Robert Herjavec and Kevin O’Leary’s clash in Shark Tank Season 14 Episode 4

2022-10-16 15:23:46 By : Mr. Kevin Zhang

Episode 4 of Shark Tank Season 14 welcomed four businesses and their respective founders. One of them was Melanie Masarin, founder of Ghia, a company that makes and sells non-toxic, alcohol-free aperitifs.

Melanie arrived on the show with an offer for the sharks — $250,000 for a 5% equity stake in her company. It meant a $5 million valuation. Although the investors/sharks were quite impressed with her pitch, not all of them were interested in making her an offer.

Shark Robert Herjavec tried to play it fair by offering the deal she asked for. While Melanie and Robert were discussing their offer, Kevin O’Leary jumped in and asked Melanie to listen to his offer. Robert then put the founder in a tough spot by saying that if she decided to listen to Kevin’s offer, then he would not make a deal.

Melanie was curious to find out what Kevin was offering, so she went for it. Thus, Robert backed out. Kevin offered $250,000 for 10% equity. Melanie didn’t like the latter’s deal and hence, had to walk out of the tank empty-handed.

Fans are divided over Ghia founder Melanie Masarin’s deal with Robert Herjavec. Some fans blamed Melanie for choosing to listen to Kevin O’Leary’s deal and lose out on Robert’s offer, which was the exact deal she had asked for.

Some fans, however, slammed Robert for not giving Melanie a second chance and claimed that he was unfair to her.

Ghia, founded by Melanie Masarin, was started during COVID-19. The founder came in the tank with an offer of $250,000 for 5% equity stake in the company.

She told the sharks that the company’s last year sales stood at $2.5 million and this year, her target is to achieve $6.5 million in sales. However, she also admitted that despite the million-worth of sales, her business didn’t make much profit last year.

After Melanie covered all her basics with on Shark Tank, the sharks gave their verdict.

Daymond John and Lori Greiner mentioned that they have issues related to citrus drinks leading to acid reflux. Since they themselves won’t be able to drink the aperitifs, they chose not to invest in a company that makes such drinks.

Mark Cuban also said no, stating that the category Melanie chose for her business was the hardest. This meant that it would be expensive to do business with the company and thus, Mark also backed out.

Apart from Melanie’s Ghia, the remaining three companies were Woosh, Expedition Subsahara, and Storage Scholars. No guest shark was present in the latest episode of Shark Tank.

Shark Tank Season 14 airs new episodes every Friday on ABC at 8 pm ET. The next episode will be released the following week on October 21, 2022.

Be the first one to comment on this story