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Last into the tank is Brooks Powell of Thrive+, seeking $400,000 for 10 percent equity.
Thrive+ offers a new way to combat hangovers. According to their website, the Thrive+ After-Alcohol Aid “is designed specifically to mitigate the negative effects of alcohol. It works by reducing short-term alcohol withdrawal, replacing lost vitamins, and providing your liver with what it needs to break down alcohol and its toxic by-products.” Meanwhile, their Thrive+ ORS is a rehydration solution that hydrates people after drinking. The After-Alcohol Aid capsules cost $29.99 per bottle, while a container of ORS costs $24.99. Together, they cost $47.99.
Mark Cuban immediately points out that he doesn’t see anything unique about the product based on the label, but he assures him there’s a patent on the formula. Cuban goes out, as does Robert Herjavec and guest shark Bethenny Frankel. Neither believes they learned enough about the product due to Cuban taking over the pitch.
Daymond John thinks the marketing will require too much money and goes out. Lori Greiner thinks Powell came into the tank too early and goes out as well, leaving him without a deal.
Social Media Reacts to Thrive+’s Appearance on “Shark Tank”
Thrive + seems like a great product but too technical #SharkTank
— Lance Becvar (@Dadsonpowermode) February 26, 2018
I don’t know about Thrive. I can see both the good and the bad in it. #SharkTank
— Korbid Thompson (@KorbidThompson) February 26, 2018
#SharkTank #Thrive! Chemical patent! Brilliant!
— Stacey Stacy, Comic (@StaceyStacyLOL) February 26, 2018
Surprised Thrive+ didn’t get a deal, seems like a good product. As one familiar with the supplement industry, I found the explanation understandable. Can see this at drug/vitamin/alcohol stores at checkout as a pickup item. #SharkTank
— Karen Sledge (@kpsledge7) February 26, 2018
Agree with @LoriGreiner that Thrive+ is a little early, but still think it’s a hero, not a zero. #SharkTank
— Community Deb (@CommunityDeb) February 26, 2018
Each week on “Shark Tank,” budding entrepreneurs have the opportunity to pitch their emerging businesses to multi-millionaire and billionaire investors, known as sharks: Mark Cuban, owner of the Dallas Mavericks; Daymond John, fashion mogul and founder of FUBU; Kevin O’Leary, self-proclaimed Mr. Wonderful and founder of O’Leary Financial Group; Barbara Corcoran, real estate maven; Lori Greiner, queen of QVC; and Robert Herjavec, technology guru and founder/CEO of the Herjavec Group.
Philanthropist and Virgin Group founder Richard Branson, Spanx founder Sara Blakely, Skinnygirl Cocktails founder and Real Housewife Bethenny Frankel, Vitamin Water founder Rohan Oza and former MLB player Alex “A-Rod” Rodriguez are also slated to appear as guest sharks this season.
“Shark Tank,” which is based on “Dragons’ Den,” is produced by Mark Burnett and first debuted in 2009. To date, the sharks have invested more than $100 million in various companies after engaging in numerous bidding wars and shark fights. A new episode airs each Sunday at 9 p.m. on ABC.
Would you try out Thrive+? Sound off in the comments section below!
