Jamie Manning and Dean Whitney wanted to solve a big problem. Bars get crowded and people cannot find seats. They created an app called Snag A Stool. This app lets people reserve seats at bars. The idea was to make going to bars easy and fun. Customers could pick a bar and choose a time to sit. They could even get rewards for booking seats during slow times. Bars liked this because it brought in more customers.
Jamie and Dean believed their app was special. They took their idea to Shark Tank in Season 6. They needed money to grow their app. They asked for $120,000. They were willing to give up 18 percent equity in their company. They told the Sharks about their plan. The Sharks liked the idea but had concerns. Will the entrepreneur get a deal on Shark Tank? Check out SnagaStool update to find out!
SnagaStool Net Worth Shark Tank Update 2025
Justin Capo and Jamie Manning went on Shark Tank asking for $120,000 for 18% of their company. This meant they thought their business was worth $666,667. They did not make a deal with any Shark. The episode was aired on May 1, 2015. The bar seat reservation app later shut down around 2016. The current net worth of Snag A Stool is $0 in 2025.
SnagaStool did not make it through Shark Tank. Dean and Jamie encountered significant obstacles. They were unable to expand their app outside Boston. They were unable to recruit additional bars to join their service. The test bars weren’t making any money, thus the app didn’t make any. They couldn’t grow without funding.
The company’s operations were discontinued. Today, Snag A Stool is no longer accessible. The Sharks were concerned about the company’s infancy. These concerns proved to be valid. Dean and Jamie were unable to scale their concept. The app has been removed as of today.
Jamie and Dean did not get a deal on Shark Tank. They asked for $120,000 for 18 percent equity. The Sharks had big concerns. Mark Cuban liked the idea but did not see growth. He dropped out first. Daymond John was next to leave. He said he was not a bad person. Robert Herjavec thought there was no need for the app.
Lori Greiner and Kevin O’Leary felt it was too soon to invest. All the Sharks dropped out. Jamie and Dean left the tank without a deal.
| 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 |
SnagaStool Shark Tank pitch
Dean Whitney and Jamie Manning recognized a similar issue. Bars are crowded. It’s difficult for people to locate seats. This lessens the enjoyment of their encounter. Dean and Jamie wanted to make this right. They believed an app may be useful. To address this problem, they developed Snag A Stool.
Customers may reserve seats using the app before visiting a pub. The bar and the time were up to the patrons. They could even receive incentives for making reservations at off-peak times. Customers were able to find seats as a result, and bars were able to increase their revenue.
Dean and Jamie have several obstacles to overcome. They needed to persuade bars to sign up for their service. Bars had doubts about the idea’s viability. Just three bars registered. Boston was home to these bars. They participated in an experiment to check the app’s functionality.
Money was another major issue. The test bars weren’t making much money. Snag A Stool thus had no source of revenue. Without support, Jamie and Dean would not have been able to expand. They made the decision to go on Shark Tank. They thought the Sharks could provide the funding they needed to expand.
Dean and Jamie had faith in their concept. Their goal was to improve everyone’s experience at bars. They believed that Shark Tank would be the beginning of something significant.
Jamie and Dean entered Shark Tank with high hopes. They introduced Snag A Stool as a unique app. The app lets people reserve seats at bars. It also lets bars offer rewards for reservations during slow times. Jamie and Dean explained how the app worked. Customers could use the app to choose a bar. They could pick the time and number of seats. Bars could manage seating and attract more business.
The founders believed their app was the first of its kind. They said it was a win for both customers and bars. Customers got their seats. Bars got more people at slow times. Jamie and Dean asked for $120,000. They offered 18 percent equity in their company. They planned to use the money to grow. They wanted to expand beyond Boston. They believed the Sharks could help them succeed.
The Sharks listened carefully. Some liked the idea but had concerns. Others were not sure about the need for the app. The lack of revenue was a big problem.
The Sharks have a lot of inquiries regarding Snag A Stool. They were curious about how it operated. Dean and Jamie described the procedure. Seat reservations may be made using the app. Bars should provide incentives during off-peak hours.
The Sharks enquired about collaborations. Dean and Jamie claimed to have three partner bars. Boston was home to these bars. The collaborations were a test. The service was not covered by the bars.
The Sharks enquired about revenue as well. Dean and Jamie acknowledged that they were losing money. This resulted from the test bars’ failure to pay. This was a concern for the Sharks.
The Sharks enquired about the level of competition. According to Dean and Jamie, they were the first to provide this type of service. They believed their idea was unique.
Marketing was another question. The Sharks wanted to know how Jamie and Dean planned to grow the app. The founders said they needed funding to expand. They wanted to use the money to attract more bars.
The Sharks shared their thoughts about Snag A Stool. Mark Cuban spoke first. He said he liked the idea. But he felt the company was too early. He decided not to invest. Daymond John went next. He said he was not a bad person. He could not connect with the product. He also dropped out. Robert Herjavec had doubts. He felt there was no real need for the app. He did not believe people would use it. He decided not to invest.
Lori Greiner and Kevin O’Leary agreed that the company was too early. They felt it was risky to invest. They wanted to see more proof of success. Both decided to drop out. With all the Sharks out Jamie and Dean left with no deal.
What Went Wrong With SnagaStool On Shark Tank?
Snag A Stool had several problems. These issues kept the Sharks from investing. The biggest problem was the lack of growth. The app only had three partners. All the partners were in Boston. This was not enough to show potential. Another problem was revenue. The app made no money. The bars were not paying for the service. This made the Sharks uneasy. They wanted to see a working business model.
Some Sharks questioned the need for the app. Robert Herjavec felt there was no demand. He did not think people would use it. The early stage of the company was also a concern. Lori Greiner and Kevin O’Leary said it was too soon. They wanted more proof before investing. These problems made all the Sharks drop out. Jamie and Dean left without a deal.
Product Availability
Snag A Stool was a mobile app. It was designed to help people reserve seats at bars. Customers could pick a bar. They could choose a time. They could reserve stools in advance. Bars could also use the app. They could attract customers during slow times. Bars could set up rewards for reservations. This helped fill seats.
The app was only available in Boston. It had three partners. These bars used the app as a test. The service was not available anywhere else. The app made no money. The bars did not pay for the service. This was a major issue. Snag A Stool is no longer available. After Shark Tank, the company failed to grow. Without more partnerships, the app could not succeed. Jamie and Dean had to close the business.
Conclusion
Snag A Stool started with a big idea. Jamie Manning and Dean Whitney wanted to fix a common problem. They wanted to help people get seats at bars. They created an app to make this easy. They took their idea to Shark Tank. They asked for $120,000. They offered 18 percent equity. The Sharks liked the idea but had concerns. They felt the app was too early. The company made no money. The founders left without a deal.
After Shark Tank Snag A Stool struggled. The company could not grow. It had no revenue. It failed to expand. Snag A Stool is no longer in business. The journey ended but the idea was creative. It aimed to solve a real problem.
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.
