Five Minute Furniture is an easily-assembled furniture line. No tools required! The inventor, Jared Joyce of Bozeman, Montana, pitched his patented furniture system with interlocking joints on Shark Tank in February 2012. He went into the Tank seeking an investment of $250,000 in exchange for 25 percent equity. Although Joyce had “no sales to date”, he did tell the Sharks there were two companies interested in licensing his furniture technology. Alas, Joyce left the Tank without a deal.
[Related: 27 Favorite ‘Shark Tank’ Products at Amazon — New List]
On Shark Tank, Joyce said he had 80 products in his portfolio. Seven years later, Joyce has more than 200 products including the TITAN Water Bottle, The Ultimate Framing Hammer (it sinks and removes nails with one ergonomic tool), and Super Stretch Basketball Net (no more running into the street to fetch loose balls!). See video below. New episodes of Shark Tank air Sundays at 10 pm on ABC, right after World of Dance.
