Categories: News

Shark Tank’s Latest Deal with Two Sharks: Bleni Blends’ Convenient Smoothie Machine

Shark Tank fans were treated to another exciting episode on March 31st with a new round of entrepreneurs hoping to win over the panel of investors. One of the standout companies was Bleni Blends, a duo made up of two brothers from Pennsylvania who have developed a machine that creates healthy smoothies with just the push of a button. The process is quick and convenient, eliminating the need for chopping and blending ingredients. The brothers entered the Shark Tank hoping to secure a deal that would help them grow their business.

Who Was Interested in Bleni Blends?

Daniel Lubetzky, the founder of KIND bars, was immediately intrigued by the Bleni Blends product. He recognized the potential for the machine to revolutionize the smoothie industry and was interested in partnering with the brothers. However, he made it clear that he would need a significant portion of the company to justify his investment. He offered 250k for 35% ownership, which would give him a controlling stake in the business.

SHARK TANK – “1415” – Entrepreneurs come into the Tank eager to secure a deal with a Shark. This episode features pitches including a portable camping product, a fresh smoothie vending machine, an eco-friendly oral care product and an insulated ice cream cooler. FRIDAY, MARCH 31 (8:00-9:01 p.m. EDT), on ABC. (ABC/Christopher Willard) STUART SHAPIRO, PETER SHAPIRO

Lori Greiner, another prominent investor on the panel, was also impressed with Bleni Blends. She noted the delicious taste of the smoothies the brothers had created and saw the potential for the product to appeal to health-conscious consumers. She was willing to work with the brothers and help them grow their business, but she didn’t make an offer right away.

The Bleni Blends brothers came into the Shark Tank asking for just 6% ownership in their company. However, they quickly realized that they would need to be more flexible if they wanted to secure a deal. They countered with a 15% offer, hoping to find a middle ground with Lubetzky. But the KIND founder refused, saying that he would need a larger percentage to justify his investment of time and resources.

Did Bleni Blends Strike a Deal?

Ultimately, the Bleni Blends brothers agreed to make a deal with Lubetzky, accepting his offer of 35% ownership in exchange for a $500k line of credit. While this meant giving up a significant portion of their company, they recognized the value that Lubetzky could bring in terms of experience, resources, and connections. With his help, they hope to take Bleni Blends to the next level and become a major player in the smoothie industry.

Fans of Shark Tank were excited to see Bleni Blends make a deal on the latest episode. The product is innovative and has the potential to disrupt the traditional smoothie-making process. With the support of Lubetzky and the Shark Tank panel, the brothers behind Bleni Blends are well-positioned to achieve their entrepreneurial dreams and build a successful business.

Related

Ice Cream Canteen Goes for a Cool Deal with Lori & Mark on Shark Tank

Recent Posts

Tell Me Lies Season 2 on Hulu – What to Expect, Cast & How to Watch

Hulu's breakout hit series Tell Me Lies is back for season 2 this fall. The show, based on the novel…

4 months ago

Are any of the Love Undercover couples still together?

Peacock’s latest series, Love Undercover, has been a popular addition to its lineup. The show followed five international soccer players…

6 months ago

Introducing Más+ by Messi: The Hydration Revolution Begins

Get ready to experience hydration the Messi way with Más+ by Messi, a perfect blend of quality ingredients and phenomenal…

7 months ago

Candace Cameron Bure is Thrilled to Star in New Movie Unsung Hero

Candace Cameron Bure is booked and busy. The 47-year-old is not only starring in an upcoming Great American Family mystery…

8 months ago

Get Her Look: Fashions of Antonela Roccuzzo

Antonela Roccuzzo is the wife of professional soccer player Leo Messi. She is a wife, mother, and has quickly become…

8 months ago

Candace Cameron Bure Shares Fashion Styles – Get Her Looks Inside!

Candace Cameron Bure shares a lot with her millions of fans online. More recently, that includes her day-to-day fashions, from…

9 months ago