Shark Tank Update
Shark Tank Pitch
Life Caps Shark Tank Update
Published:
2m
Salt Lake City, UT
| Name | Life Caps |
|---|---|
| Main Presenters | Daryl Stevenett |
| Presenter Image | |
| Product Image | |
| Last Known in Business | 1/1/2019 |
| Main Location | Salt Lake City, UT Loading Map |
| Order Shown in Episode | 3 |
| Final Deal | All Sharks went Out |
Life Caps Shark Tank Pitch
Daryl Stevenett is a musician who had an idea after seeing a story about trapped coal miners. Daryl had his friend, who had built his own nutrition bar company, create a survival pill to take in times of emergency when food is in short supply called Life Caps. Life Caps are meant to satisfy nutritional needs and supress hunger craves. Daryl has not eaten any food in eight days except Life Caps.
Deryl said he lost one pound a day as a byproduct of not eating, which is not shocking. Daryl does not push Life Caps as a weight-loss pill. Still, the largest customer audience has been women seeking to lose weight. Mark claims Daryl is a "snake-oil salesman" selling an unproven weight loss product. Lori sees the ingredients as no different than a regular multivitamin.
In five years, sales have totaled $440k. Daryl wants to use the investment to pay for a clinical study to improve Life Cap's reputation in the face of skeptics. Daryl calls Lori "Barbara," and the sharks laugh at Daryl's claim about remaining mentally alert. All the sharks go out.
Offers
| Made By | Label | Sharks Part of Deal | Summary |
|---|---|---|---|
| Company | Offered | $200k for 30% of company | |
| Sharks | Out | Mark Cuban | Out |
| Sharks | Out | Lori Greiner | Out |
| Sharks | Out | Robert Herjavec | Out |
| Sharks | Out | Daymond John | Out |
| Sharks | Out | Kevin O'Leary | Out |
Mark Cuban
Out
Daymond John
Out
Kevin O'Leary
Out
Lori Greiner
Out
Robert Herjavec
Out
Updates in Shark Tank Episodes
| Update Season | Update Episode |
|---|---|
| No Episode Updates | |
Life Caps After Shark Tank
The Video of Daryl Stevenett promoting Life Caps in 2009 after 17 days of eating nothing but Life Caps is on YouTube https://youtu.be/_aq1yUIfhug. He appears to be sincere in pushing the product as a survival-only product, while the show hosts include four females who brought up weight loss and likely have a predominantly female audience. Daryl says the pill contains essential nutrients that the FDA recommends, although Daryl does claim Life Pills eliminate hunger.Link Preview
YouTube
As of 2023, Life Caps' website redirects to a new domain which shows LefeCaps as sold out. The Life Caps Facebook https://www.facebook.com/buylifecaps posted in 2019 about launching a new version of Life Caps, but there is no sign of that ever being released. It's hard to tell long Daryl remained involved with Life Caps.Link Preview
Facebook
In 2023 Daryl lives in Florida, where he plays his guitar and sings at restaurants. One such performance from 2022 can be seen on Daryl's YouTube https://youtu.be/94TjNW_smhY https://www.stevenett.com. I must say he is pretty good. His schedule for 2023 can be found on his website, stevenett.com Link Preview
YouTube .Link Preview
stevenett.com
Join the Newsletter
Stay up to date on the latest news and updates occuring in the Shark Tank world.
Join the Newsletter
Stay up to date on the latest news and updates occuring in the Shark Tank world.
