“What a fantastic fit! Who would have thought that a shark and cats would get along so well? #SharkTank, « commented a fan
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Looks like Mr. Wonderful aka Kevin O’Leary has a new nickname – The Litter King. The famous shark in « Shark Tank » got his latest nickname after closing a deal with the founders of Tabby, a cat-lover dating app for a whopping $ 300,000! When his fellow sharks started making fun of him by joking that Kevin was supposed to promote the product by posing with a hairless cat, he took it to himself and declared that he was the new litter king and was building a cat empire .
Sterling Davis, Leigh Isaacson, and Nathan Kehn of the tabby dating app got in the tank and saw $ 300,000 for a 20% stake. After Nathan and Sterling got terribly lucky with dating apps because of their cats, the trio decided to create an app specifically for cat lovers. Aside from finding another cat lover, the app is also a safe place to start discussing various topics related to cats. The trio entered the tank in search of a shark to help them on the tech front. With Robert Herjavec, Mark Cuban and even guest Shark Nirav Tolia in the tank, it seemed like a great place for the trio to find their dream shark that could help them take their unique app to the next level.
‘ Shark Tank ‘: Why did Nirav Tolia take less equity than Kevin on 54 Thrones’ deal?
Unfortunately, Mark and Robert decided to get out of the business because they felt the app was going to be a lot of work and themselves was still in a very early stage. Nirav also agreed with them and wished the trio the best of luck and went out of business. In the end, only Kevin O’Leary and Lori Greiner were left. Since the trip came specifically with finding help on the tech front, Lori felt that she wasn’t the right choice, even though she absolutely loved the idea of the app. Kevin decided to save the day by making them an offer.
He also explained why he made an offer by pointing out that his previous investment at Basepaws has proven to be quite lucrative and that he has made a lot of money has earned with it. Since he already has one of the largest databases of cat owners in the country thanks to Basepaws, he felt he could use the database to help Tabby take off. But Kevin wasn’t happy with the 20% stake offered, so he asked for a 30% stake in exchange for $ 300,000. The trio agreed and the deal was closed.
Fans were thrilled to see Kevin close a deal with Tabby. One fan tweeted, « Now that @kevinolearytv is ‘King of the Litter’ I think he’s the Purrrrfect partner for Tabby with his cat database and all. #SharkTank. » “What a fantastic fit! Who would have thought that a shark and cats would get along so well? #SharkTank, « joked one fan. Another fan wrote: » @ABCSharkTank Spots and I are going to tabby to find a man for us !!! #SharkTank. «
Now that @kevinolearytv » King of the Litter « , he is arguably the Purrrrfect partner for Tabby with his cat database and everything. #Shark tank
What a fantastic fit! Who would have thought that a shark and cats would get along so well? #Shark tank
However, some fans weren’t very impressed with the tabby space. One fan commented, « Wtf a cat dating app #SharkTank. » « @kevinolearytv paid too much for this #SharkTank cat deal. They had nothing but an app, » explained one fan. Another fan added, « I can’t believe I am currently running a cat lover dating app on # see sharktank. «
‘Shark Tank’ Season 13 airs every Friday at 8/7c on ABC. Missed an episode? Did you want to catch up? Episodes can also be watched on-demand and on Hulu the next day. You can also watch old seasons and episodes on Amazon Prime Video and iTunes.
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Reporters on a platform that is technically tailored to the needs of the modern reader.
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