Wake N Bacon Shark Tank Pitch/ Wake N Bacon after the Shark Tank Pitch
What is Wake N Bacon?
Wake n’ Bacon is a one-of-a-kind alarm clock that awakens you up with the aroma of fresh bacon.
To set the Wake n’ Bacon alarm clock, place a strip of pre-cooked bacon in the pig-faced oven before retiring for the night.
The clock would start warming the bacon ten minutes before you were supposed to get up, and the fragrance would wake you up.
Matty Sallin is the owner of the Wake N Bacon Company.
He did a poll at college, while taking an introductory electronics class, and asked fellow students what the perfect manner to be woken up in the morning would be.
After evaluating his data, he came to the conclusion that most individuals liked waking up to the smell and taste of bacon.
He then returned home and created an alarm clock that wakes you up with bacon.
The product is straightforward. The alarm is shaped like a pig, and inside it is a chamber that contains the bacon.
When it’s time for that dreaded morning wake-up call, the alarm clock heats the bacon, which is meant to gently rouse you from your slumber with the aroma of it frying.
Who Founded Wake N Bacon?
Matty Sallin is the founder of Wake N Bacon.
What happen to Wake N Bacon at the Shark Tank Pitch?
Sallin enters the Tank and asks the Sharks for a $40,000 investment in exchange for a 20% ownership in the firm.
He tells the Sharks about the history and inspiration for his product and gives them a sample of crispy bacon goodness.
He also mention when he first develop the clock and blogged about it on his website, the response was very positive.
The Sharks are pleased by the novelty item, but Sallin’s presentation begins to fall apart when Kevin O’Leary asks, “Okay, let’s assume you sell 10,000 of them.”
What happens when number 10,001 catches fire and burns the couple in their bed? “Do you really believe people want something to cook next to their bed?”
Sallin is confident that his Wake n Bacon will be UL certified and safe for domestic usage, but the Sharks are skeptical.
He doesn’t have a sales prediction or a good understanding of the market. “You’ve got no forecasts whatsoever,” Kevin O’Leary says Sallin.
You’ve got a pig box that’s going to catch fire and kill someone, and I’m going to be sued all the way back to the Stone Age. “I’m leaving.”
Barbara Corcoran thinks the notion is fanciful and a novelty item, but she doesn’t think anyone wants bacon by their bedside. She’s gone.
Robert Herjavec comes next. Three sharks have been eliminated. Only Daymond John and Mark Cuban are still alive. “I enjoy bacon,” says Daymond John, but he’s out.
Mark Cuban says he’s “intrigued in the notion,” which O’Leary finds unbelievable, but he feels the idea is still in its early stages. He’s gone.
Sallin exits the stage without a Shark contract.
Wake N Bacon after the Shark Tank Pitch
Despite the fact that some individuals online insisted on purchasing the clock, it never became an actual product.
The lesson for other entrepreneurs is to avoid approaching sharks too early in the process.
The sharks are seeking for a product with an established market, a solid track record of previous sales, orders pending, and potentially some feature of the product that can be trademarked.
Matty came in with only a prototype.
Matty looks to have chosen not to be an entrepreneur after all. His LinkedIn profile indicates that he works in User Experience (UX) and has recently started working for Finix, a financial technology business.
They are out of business now.
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.