On Season 12 of Shark Tank, Texas entrepreneur Aaron Powell pitched Bunch Bikes, a line of electric bikes (e-cargo trikes) that come with a built-in basket to tote kids and pets in front. On the show, he reached a deal with New York City real estate maven Barbara Corcoran who invested $100,000 with a $150,000 line of credit in exchange for 15 percent equity.
[Related: 27 Favorite ‘Shark Tank’ Products at Amazon — New List]
After the Bunch Bikes Shark Tank episode originally aired in March 2021, Robert Herjavec (who was not on the panel that night) – had bought a Bunch Bike before seeing it on Shark Tank – approached Aaron about splitting the $250,000 investment with Barbara. Bunch Bikes refers to the interest as a “PLOT TWIST!” Robert says it’s “the first time a deal has been done by a shark NOT on the panel!”
New episodes of Shark Tank air Fridays at 8 pm on ABC, right before 20/20 at 9 pm. [BONUS: Stream any ABC show through the ABC GO Digital App found here. Download is FREE.]
