Many people, like Matty Sallin, set an alarm clock to wake up early in the morning, but they get frustrated with the sound. To solve this problem, Matty invented the Wake N’ Bacon, which uses the smell of bacon to wake you up by heating it.
Matty needs investment to start mass production and meet the demand. Will the investors support his business? Let’s find out the current status of his business.
| Company Name | Wake N’ Bacon | |
| Founder/Co-Founder | Matty Sallin | |
| Founded | 2010 | |
| Product | Alarm Clock with Bacon | |
| Asked For | $40k for 20% equity | |
| Final Deal | No Deals | |
| Shark | No Sharks | |
| Episode | S2 E2 | |
| Air Date | March 25th, 2011 | |
| Business Status | Out of Business | |
| Website | Visit Website | |
| Headquarters | Portland, Oregon, United States | |
| Lifetime Sales | $0M *estimated | |
| Buy and Watch | Buy Now | Amazon Prime |
Business Pitch Episode Recap
After appearing on Shark Tank, Matty asked the Sharks for $40,000 in exchange for 20% equity, valuing his business at $200,000. He demonstrated his prototype product and shared the design of the final product with the Sharks.
How it works: Put a couple of slices of pre-cooked bacon in the alarm clock box and set the time. When it’s time to wake up, the alarm clock will start heating the bacon, releasing its smell.
According to Matty, the cost to produce each alarm clock will be $13. He needs $40,000 for production, and he plans to secure the remaining money for sales by pitching to retail and manufacturing partners.
Kevin O’Leary said that this product could cause a fire in the house and potentially harm people, so he is out.
Barbara Corcoran doesn’t think anyone would want the smell of bacon in their bedroom, so she is out. Robert Herjavec also said he is out. Daymond John mentioned that he likes bacon but he is out as well.
Mark Cuban asked Matty about his production goal, and Matty said it’s 10,000 units. Mark’s concern is that Matty needs $170,000 to successfully enter the market and make sales, but Matty has only asked for $40,000.
Immediately after, Matty asked for $170,000, but Mark Cuban said it seemed appropriate for a gift product and declined to invest the extra $130,000, so he is out.
Sharks Offers list!
| Sharks | Offers |
|---|---|
| Mark Cuban | No Offer |
| Kevin O’Leary | No Offer |
| Robert Herjavec | No Offer |
| Barbara Corcoran | No Offer |
| Daymond John | No Offer |
| Founder’s (Countered) | No Counter |
| Final Deals | No Deals |
Wake N’ Bacon Shark Tank Update
Matty didn’t get an investment on Shark Tank, but he had said he would finalize the product and proceed with sales. During research on Wake N’ Bacon, there was no proof found indicating its availability in the market, but the current update is that Wake N’ Bacon is no longer in business.
Matty Sallin is currently working as a freelance UX designer.
Check out Shark Tank Season 2 Business Update.
If you want more updates on the businesses that appeared in Season 2, visit here.
