Shark Tank Pitch

Hydromax Shark Tank Update

Published: Sunday, August 14, 2022

Houston, TX

Pitch Overview
Name	Hydromax
Main Presenters	Chris Spencer
Presenter Image
Product Image
Last Known in Business	4/29/2011
Main Location	Houston, TX Loading Map
Order Shown in Episode	2
Final Deal	Deal was made on the show with sharks Jeff Foxworthy for $50k for 50% of Company, but it fell through after the show.

Hydromax Shark Tank Pitch

When Chris Spencer is not giving kids CTE at football practice, he works a corporate job. When he is not working, he spends time with his family. That concludes his time, so his once lively product has sat in his basement for the last four years.

In 2007, Chris' product Hydromax did $100k in revenue before he followed the journey of love. Hydromax is a patented way to give easy access to water to football players on the field to reduce heat stroke and dehydration.

Robert brings up CamelBak as a significant competitor, and with Chris not dedicating his time to this, the sharks don't want to do all the work. Shockingly, nobody brings up licensing.

Chris hit the sharks with the old pathos sales tactic of if you don't invest, you're killing kids. All the sharks go out except Jeff, who likes the idea and becomes partners with Chris.

Offers

Made By	Label	Sharks Part of Deal	Summary
Company	Offered		$50k for 25% of Company
Sharks	Out	Kevin O'Leary	Out
Sharks	Out	Daymond John	Out
Sharks	Out	Barbara Corcoran	Out
Sharks	Out	Robert Herjavec	Out
Sharks	Deal Never Closed	Jeff Foxworthy	$50k for 50% of Company