Wake N Bacon Shark Tank Net Worth 2023
Sallin enters the Tank and asks the Sharks for a $40,000 investment in exchange for a 20%, indicating a valuation of $200,000.
According to the search results, Wake N’ Bacon did not receive an investment from any of the sharks on Shark Tank.
The product was an alarm clock that doubled as an oven to heat bacon, having it hot and ready for you to eat when the time comes.
The sharks were concerned about the safety of the product since it was not UL listed and could potentially catch fire.
Despite receiving requests for Wake N’ Bacon after appearing on Shark Tank, Matty Sallin did not make it beyond the prototyping stages and is out of business now.
What is Wake N Bacon? Who Founded Wake N Bacon?
Wake n’ Bacon is a unique type of alarm clock that uses the delicious scent of fresh bacon to wake you up in the morning.
To set the Wake n’ Bacon alarm clock, simply place a strip of pre-cooked bacon in the oven shaped like a pig before you go to bed.
The clock will begin to warm the bacon ten minutes before your desired wake-up time, and the irresistible aroma will gradually rouse you from your sleep.
The Wake N Bacon Company is owned by Matty Sallin, who, while taking an introductory electronics class in college, conducted a poll among his classmates to determine the best way to wake up in the morning.
After analyzing the results, he discovered that most people preferred waking up to the smell and taste of bacon.
Inspired by this insight, he created an alarm clock that uses the smell of bacon to wake you up.
The product is simple and straightforward. The alarm clock is shaped like a pig, with a chamber inside that holds the bacon.
When it’s time to wake up, the clock heats the bacon, releasing its delicious scent to gently awaken you from your slumber.
Wake N Bacon Shark Tank Pitch
Matty Sallin entered the Shark Tank and proposed a deal to the Sharks, asking for a $40,000 investment in exchange for a 20% stake in his company.
He showcased his product, Wake n Bacon, which he explained was inspired by his passion for bacon and consisted of a clock that would wake users up with the smell of cooking bacon.
However, during the pitch, Kevin O’Leary raised concerns about the safety of the product and the potential for lawsuits.
Sallin attempted to assure the Sharks that his product would be UL certified and safe for domestic use, but they remained skeptical.
Furthermore, Sallin lacked sales projections and market knowledge, leading to the Sharks ultimately rejecting his proposal. Despite some interest from online consumers, the Wake n Bacon never became an actual product.
The lesson for other entrepreneurs is to have an established market, a solid sales track record, pending orders, and potentially a trademarkable feature before approaching investors like the Sharks.
Sallin chose not to pursue entrepreneurship and is now working in user experience for a financial technology company.
Wake N Bacon Net Worth
Sallin enters the Tank and asks the Sharks for a $40,000 investment in exchange for a 20%, indicating a valuation of $200,000.
Wake N Bacon Shark Tank Updates
Matty Sallin appeared on Shark Tank in Season 2 Episode 2, seeking $40,000 for 20% of his alarm clock innovation, Wake N Bacon.
The clock was designed to wake users up with the smell of cooking bacon instead of a loud noise. Despite interest from some viewers, the product was never mass-produced, and there is no evidence of it currently being marketed.
The sharks on Shark Tank were concerned about the safety of the product, as it was not UL listed and could potentially catch fire. The safety concerns of the sharks far outweighed the perceived benefits, and Sallin left the show without an investment in his product.
Wake N Bacon Shark Tank Table Summary:
| TOPIC | INFORMATION |
| Product | An alarm clock that wakes up users with the smell of cooking bacon. |
| Founder | Wake N Bacon Company is owned by Matty Sallin. |
| Shark Tank Pitch | Sallin asked for a $40,000 investment in exchange for a 20% stake in his company. |
| Outcome | None of the Sharks invested due to concerns about safety and lack of sales projections. |
| Net Worth | The valuation of Wake N Bacon was $200,000. |
| Shark Tank Update | The product was not mass-produced, and there is no evidence of it currently marketed. |
| Lesson | Entrepreneurs should have an established market, a solid sales track record, and potential pending orders before approaching investors. |
Wake N Bacon FAQS
What Is Wake N Bacon And How Does It Work?
Wake N’ Bacon is an alarm clock that wakes you up with the smell of cooking bacon. The idea is to put a few pieces of pre-cooked bacon in the alarm clock before going to bed, and the clock will automatically start reheating it 10 minutes before the set wake-up time.
The clock has a chamber that can hold up to 2 or 3 slices of precooked bacon. The clock is designed to wake you up with the smell of bacon, which is ready to eat.
The clock is shaped like a pig’s face. The founder, Matty Sallin, created the alarm clock as a class project during his introductory electronics class in college.
The idea behind the alarm clock is to solve the problem of waking up to a jangling alarm clock while substituting the jangle for a gentler wake-up call: the scent of sizzling bacon, wafting through the room, gently bringing the sleeper awake, and even providing a tasty breakfast treat as an added incentive for getting out of bed.
What Was The Outcome Of The Wake N Bacon Shark Tank Pitch?
Matty Sallin, the founder of Wake N’ Bacon, appeared on Shark Tank in Season 2 Episode 2, seeking $40,000 for 20% of his company. However, he did not receive an investment from any of the sharks on Shark Tank.
The sharks were apprehensive about litigation risk associated with a product that may catch fire because Wake N’ Bacon wasn’t really UL registered. Despite the fact that there were people online who still insisted that they would buy the clock, it didn’t turn into a real product.
Wake N’ Bacon was never mass-produced, and there is no evidence of the product currently being marketed.
Did Wake N Bacon Receive Any Investment From The Sharks?
Wake N’ Bacon did not receive any investment from the sharks on Shark Tank. The sharks were concerned about the safety risks associated with a product that may catch fire because Wake N’ Bacon wasn’t UL registered.
The safety concerns of the sharks far outweighed the perceived benefits, and Matty Sallin left the show without an investment in his company. Despite receiving requests for Wake N’ Bacon after appearing on Shark Tank, Matty Sallin did not make it beyond the prototyping stages and is out of business now.
What Happened To Wake N Bacon After Its Appearance At The Shark Tank?
After appearing on Shark Tank, Wake N’ Bacon did not receive any investment from the sharks, and the product was never mass-produced. Despite receiving requests for Wake N’ Bacon after appearing on Shark Tank, Matty Sallin did not make it beyond the prototyping stages and is out of business now.
The sharks were apprehensive about litigation risk associated with a product that may catch fire because Wake N’ Bacon wasn’t really UL registered. The sharks’ safety risks clearly exceeded the benefits thought to be gained, and Matty Sallin exited the program without having his firm get any investments.
What became of Wake n Bacon on Shark Tank?
Matty Sallin, the developer of Wake n’ Bacon, introduced the product on Shark Tank in March 2011 and requested a $400,000 investment.
Unfortunately, he did not obtain a deal.
How did Matty Sallin contact the Sharks?
Matty claims that he sent emails to Mark Cuban before receiving a response.
Does the Wake N Bacon alarm clock really wake them up by cooking bacon?
No. The Wake N Bacon product would wake them up by releasing the aroma of cooking bacon, which is supposed to rouse them from their slumber.
Where can they buy a Wake n bacon?
They cannot buy the alarm clock any longer.
What is the Wake N Bacon worth in 2018?
The Wake N Bacon is no longer available for purchase.
What does a Wake n bacon look like?
The Wake n’ Bacon alarm clock looked like a pig and contained a chamber in which a strip of pre-cooked bacon was placed.
The Wake N Bacon is no longer available.
What is the price of Wake N Bacon today?
The Wake n Bacon is no longer available.
Is Wake N Bacon still in business?
The Wake n Bacon is no longer available
What does the Wake n’ Bacon alarm clock look like?
The alarm clock looks like a pig. It contains a chamber in which a strip of pre-cooked bacon is placed.
What is Bacon?
Bacon is a type of salt-cured pork. It is usually sliced into thin pieces and eaten as a breakfast food, side dish or snack food.
Where is Matty Sallin coming from?
Matty Sallin is from the Chicago, United States.
How to they make money?
They are out of business now.
What is the current net worth of Matty Sallin?
Matty Sallin has an estimated net worth of $400,000.
