Children enjoy blowing out the candles, but it can spread germs. This issue was noted by Mark Lareau and Mark Apelt. Children’s breath transfers bacteria on the cake when they blow out candles. Everyone then consumes the cake. Their goal was to resolve this issue. The Blowzee was made by them.
Using this gadget children can blow out candles without contaminating others. A fan on the Blowzee blows air to extinguish the candles. In Season 13, Mark & Mark appeared on Shark Tank. They want $100,000 in exchange for 20% of their company. The sharks thought the idea was cool, but they didn’t think it would be a major business. Will the entrepreneur get a deal on Shark Tank? Check out our The Blowzee update to find out!
Blowzee Net Worth 2024
Mark Apelt and Mark Lareau asked for a $100k investment in exchange for 20% equity in their company, Blowzee. This meant they valued their company at $500,000. No deal was made with the sharks. After the show aired, Blowzee saw a big increase in website traffic, sales, and social media exposure. With an estimated 10% yearly growth rate (typical business growth), the current net worth of Blowzee in 2024 is about $665,500. However, despite this growth, Blowzee ceased operations by 2024 and is no longer available for purchase.
Blowzee Shark Tank Update
In terms of The Blowzee update, after Shark Tank, Blowzee was short-lived. The media gave it some attention, but the business was unable to survive. Blowzee briefly gained popularity. On Amazon. It even held the top spot for birthday candles.
However, the rush of excitement quickly faded. The company is currently out of business. The website for Blowzee is down. You won’t be able to purchase Blowzee in stores or online after 2024. The business was unable to locate enough clients to expand and continue operating.
Mark and Mark requested $100,000 in exchange for 20% of their company. They thought their goods would be of interest to sharks. However, the sharks weren’t sure if it would succeed.
Although they thought the idea was good. They did not anticipate it becoming a significant business. Not a single shark made a proposal. Mark Cuban, Lori Greiner, Kevin O’Leary Daymond John, Robert Herjavec, and others declined. Without striking a deal Mark and Mark quit the show.
Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
Robert Herjavec | out | N/A | N/A |
Lori Greiner | out | N/A | N/A |
Kevin O’Leary | out | N/A | N/A |
Daymond John | out | N/A | N/A |
Mark Cuban | Out | N/A | N/A |
Blowzee Shark Tank Pitch
A problem was identified by Mark Apelt and Mark Lareau, who came up with the concept for Blowzee. Children disperse germs when they blow out candles. The founders intended for this to never occur. An invention was invented that allows children to blow out candles without contaminating others.
Blowzee was not a simple recipe to create. It was up to Mark and Mark to figure out how to make it function correctly. Additionally, they had to ensure that children would enjoy using it. Gaining people’s trust and convincing them to purchase their merchandise was a difficulty.
In our Blowzee update research, Mark and Mark demonstrated the operation of Blowzee during their pitch. They began by showing a person blowing out a candle in A traditional manner. Next, they demonstrated how Blowzee prevents the spread of germs. The device’s operation was described by the creators. Blowzee is equipped with a sensor.
The sensor activates the fan when someone blows into the gadget. To extinguish the candles the fan exhales air. The founders requested $100,000 for a twenty percent stake in their business. They wanted the sharks to realize how entertaining and useful Blowzee was.
About Blowzee, the sharks had a lot of questions. They were curious if anyone would purchase it. They also inquired as to whether buyers would have to purchase it more than once. In five months the creators disclosed that they had made $12,000 in revenue.
This in Shark’s opinion was insufficient evidence that the product could be a huge hit. Additionally, the sharks were concerned that Blowzee would only be purchased on birthdays. They began to question if it would be difficult to sell more goods in the future as a result.
The sharks discussed their opinions after hearing the pitch. The first shark to leave the deal was Kevin O’Leary. He declined because he did not like the product. Additionally, Mark Cuban declined because he did not believe the company could expand. Daymond John left as well. He thought Blowzee was out of luck.
Robert Herjavec found using Blowzee to be enjoyable. However, he didn’t anticipate that people would purchase it more than once. Because Lori Greiner was concerned about sales, she said no. All of the sharks eventually passed. Blowzee failed to negotiate an agreement.
What Went Wrong with Blowzee on Shark Tank?
The sharks were not interested in Blowzee, therefore a deal wasn’t made. The fact that the business only made $12,000 in five months was one major problem. The sharks thought this was insufficient. Concerns were also raised about the frequency of Blowzee use. The product’s sole utility was on birthdays. The sharks believed that not enough people would purchase it frequently enough to make it a huge hit. All of the sharks on Blowzee passed for these reasons.
Product Availability
Blowzee was a little gadget. When someone blew into it, a sensor was used to detect it. A fan would be activated by the sensor, blowing the candles. Kids can use the product with safety and enjoyment in mind. However, Blowzee is no longer available as of 2024. The business’s website is down. Blowzee is no longer available in stores or on Amazon. The firm has ceased operations. Blowzee won’t be available for purchase for anyone looking to buy it.
Conclusion
A creative way of preventing the spread of germs at birthday parties was Blowzee. The proposal was presented to Shark Tank by Mark and Mark. They want $100,000 in exchange for 20% of their company. Although the notion seemed appealing to the sharks, they doubted the company’s sustainability.
Blowzee experienced some brief success following Shark Tank, but the business ultimately collapsed. It is no longer possible to buy Blowzee. Despite its short lifespan, Blowzee was a distinctive product that attracted notice. Perhaps in the future, Mark and Mark will think of another brilliant concept.
Hi, I’m Laiba Khurram, a BBA student specializing in Marketing at FAST NUCES ISB. My background includes experience in finance, marketing, and event coordination. My skills include teamwork, time management, and Microsoft tools. Watching Shark Tank has always inspired me, as I admire the innovative pitches and entrepreneurial spirit showcased on the show. This passion drives my approach to finding creative solutions and understanding market dynamics. Read more About me.