12 Year Old Entrepreneur Surprises Everyone - Shark Tank US
In this excerpt from a Shark Tank episode, a father‑son team presents their cup‑based product. The father (Speaker A) states that each cup costs $0.90 landed and that the business has generated $220,000 in sales over the past two years, with a projected $400,000 in sales for the current year. The dialogue highlights the unusual dynamic of the 12‑year‑old son (Carson) doing most of the talking, while the father (Speaker C) affirms their 50/50 partnership and his confidence in Carson’s abilities. The team recounts a buyer meeting where the presence of the child initially caused skepticism, but they turned it into an opportunity. Shark Blake (Speaker D) declares he does not want to act as a bank and prefers using other people’s money, prompting the founders to negotiate the terms. They propose a compromise: instead of giving up 25% equity for $150,000, they ask for 17.5% equity for the same amount, which Blake accepts, sealing the deal.
