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 FAQS
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.
