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The Lollaland founders auditioned for "Shark Tank" on a whim.

People think startup founders go on ‘Shark Tank’ for big-name investors and a pile of cash, but entrepreneurs who have done it say that...

"Shark Tank" alumni, including the founders of Bombas and Coffee Meets Bagel, say their experience on the show was valuable even beyond the money they were offered. It forced them to think about their business more carefully, and confirmed that their business was compelling.
"Things really go wrong when you forget what you're trying to say and you slip up," said Vibes founder Jack Mann, pictured.

A startup founder who turned down $100,000 for his 3-month-old startup on ‘Shark Tank’ says he doesn’t regret it one bit

On an episode of "Shark Tank," Jack Mann, the founder of earplug company Vibes, turned down a $100,000 offer from Kevin O'Leary. Today, he doesn't regret the decision at all, and Vibes reached $2 million in sales in 2017.