3. Tipsy Elves
Many people aren’t fans of holiday season sweaters, however Nick Morton and Eric Mendelson seem to disagree; and they even made a business out of it.
These two appeared on Shark Tank in 2013 with their company Tipsy Elves. They asked for $100,000 for a 5% stake and they ended up deciding between two offers: one from Robert Herjavec and the other from Kevin O’Leary.
In the end, they chose Robert’s offer of $100,000 for a 10% stake. Today, Tipsy Elves is thriving with many considering it one of the most lucrative Shark Tank investments yet.
