Trunkster is a line of smart luggage designed with a built-in digital scale, roll-top design, GPS, and USB ports so you can recharge devices on the go. The two entrepreneurs behind the wheeled product, Jesse Potash and Gaston Blanchard, pitched Trunkster on Shark Tank in 2015. On the show they accepted a $1.4 million investment from Mark Cuban and Lori Greiner in exchange for 5 percent equity (each). You read that right. It was one of the highest evaluations in Shark Tank history (at the time). There was a stipulation with the offer: If Trunkster didn’t pay back the $1.4 million within two years, Cuban and Greiner’s equity would double to 10 percent each.
Since Shark Tank, there have been a number of customer complaints about orders not being fulfilled and lack of customer service. Comments have been left on Facebook (see sample below) and on the Indiegogo campaign page where Trunkster raised more than $1.5 million before appearing on Shark Tank. While the Trunkster website is still active, the only product listed is the 22″ carry-on and is “currently out of stock.” 2paragraphs reached out to Trunkster and haven’t yet received a reply. New episodes of Shark Tank air Sundays at 9pm on ABC.
