Carsik Bib Shark Tank Update (Season 2)

Highlights

All five Sharks declined to invest in Les Cookson's business because they didn't believe the product was investable.

The company has now completely shut down, with total sales estimated at only $0.5 million.

While traveling, parents struggle to handle their kids’ car sickness, which causes a huge mess. To solve this problem, Les Cookson invented the Carsik Bib. This redesigned version of a normal bib reduces the mess caused by car sickness.

Cookson appeared on Shark Tank Season 2 Episode 6 and asked the Sharks for an investment to help grow his business. Did the Sharks invest in his business? Let’s find out what happened to his business.

Company NameCarsik Bib
Founder/Co-FounderLes Cookson
Founded2009
ProductA redesigned version of a bib for car sickness.
Asked For$30k for 15% equity
Final DealNo Deals
SharkNo Sharks
EpisodeS2 E6
Air DateApril 22th, 2011
Business StatusOut of Business
WebsiteVisit Website
HeadquartersLincoln, California, United States
Lifetime Worth (Sales)$0.5M *estimated
Buy and WatchBuy NowAmazon Prime

Business Pitch Episode Recap

Cookson asked the Sharks for $30k in exchange for 15% equity in his company, valuing it at $200,000. He demonstrated his product to the Sharks and explained how it works to help kids with car sickness.

He explained that the Carsik Bib has a pad that absorbs liquid and helps reduce odor. Cookson got the idea for this product from his own experience, as his two children suffered from car sickness.

Each product costs $0.19 to make, and Cookson has sold a total of 160 units through his online website. He has invested a total of $1,300 in the business so far.

Daymond John said he couldn’t invest $30k in this business, so he is out.

Kevin O’Leary said this business wouldn’t fit well in his portfolio, so he couldn’t invest. He is out.

Jeff Foxworthy said the bib is a liability for kids, so he is out. Robert Herjavec said he doesn’t like the idea of his kids sitting in the car wearing a plastic bag, so he is out.

Barbara Corcoran also declined to invest in the business.

Sharks Offers list!

SharksOffers
Jeff FoxworthyNo Offer
Kevin O’LearyNo Offer
Robert HerjavecNo Offer
Barbara CorcoranNo Offer
Daymond JohnNo Offer
Founder’s (Countered)No Counter
Final DealsNo Deals

Carsik Bib Shark Tank Update

Cookson didn’t get a deal on Shark Tank, and his dream of launching his product in large quantities didn’t come true. However, he didn’t give up and decided to shut down the Carsik Bib business and start a new venture. The current estimated worth of Carsik Bib Company is $0.

Les Cookson is a product developer who, along with Ken Higginson, has launched Kickstarter campaigns for over 10 different products. His most successful products are The LUCY Drawing Tool and The Camera Obscura, which together raised a total of $129,477 through their Kickstarter campaigns.

He appeared on Shark Tank Season 13 Episode 21 to seek investment from the Sharks for his product, the LUCY Drawing Tool.

Check out Shark Tank Season 2 Business Update.

Here is a list of more businesses from Season 2 with their progress reports:

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Biswajit Nayak

Biswajit Nayak is the Founder and Owner of the Shark Tank Products Website. His journey with ABC's Shark Tank TV Show began in 2019, and since then, he has become an expert in predicting which deals will be secured and which ones will not. My Reddit Profile

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