![]() ![]() To make matters worse, several customers and former employees have lodged complaints against the company and in 2019, Joe was arrested on drug-related charges.įor more company updates from Shark Tank Season 8 Episode 21, check out our updates below:Ĭurious about other company updates from Season 8? Find them on our Season 8 products page. All of its websites and social media accounts are inactive. The company appears to have gone out of business after Shark Tank. Unfortunately, our Guard Llama update is not filled with good news. The two tried to get Barbara to lower her equity ask to 15% but they ultimately shook hands on 18%. Guest shark Chris Sacca offered his thoughts about the company’s weak branding and non-proprietary technology.Īpparently, Barbara Corcoran liked the product enough to offer $100,000 as a loan for 20% with 2% per sale until she was paid back. Then, Kevin O’Leary made an offer of $100,000 for 5% on top of a 5% royalty until he is paid back $120,000. As for Lori, she was concerned about potential liability issues. Meanwhile, Mark Cuban thought that it was flat out “horrible.” Both ultimately bowed out, with Mark thinking that there were just too many things that could go wrong with the business. Lori Greiner thought that the product would be great for universities. These numbers included partners that use the service to help improve employee security.Īfter their presentation, the sharks had mixed thoughts about the product’s potential. Holding competition events really does sound. ![]() Apparently they also have competitions for Ninjas to show off their throwing skills, but again, the website is a little vague on the details. At the time of their presentation, the device already had a combined total of 2,000 users. To get fully decked out with a set of 15 Ninja Cards, a 24 x 24 target, and complete instructions how to play is only 30.00 currently on the website. Joe and Nick believed that Guard Llama can save a lot of lives. Both then receive vital details like your medical information, what you look like, as well as your approximate location via GPS. If you find yourself in an emergency, all you need to do is to press the button twice and it will send a call to the nearest police department and call an ambulance for you. Result: $100,000 loan for 18% + $2/unit until repaidĪccording to Joe and Nick, Guard Llama is a safety device that pairs with the average smartphone.Combo tickets include admission to Zoo, Botanic Garden and Aquarium. Business: Handheld personal security device and subscription service You can order online here ahead of time from the Shark Reef Cafe for carry out or.Entrepreneur: Joe Parisi and Nick Nevarez.We’ll tell you how it happened in our recap and Guard Llama update. The two ultimately walked away with a $100,000 loan with Barbara Corcoran. Back in Shark Tank Season 8 Episode 21, Joe Parisi and Nick Nevarez of Guard Llama hoped to secure a $100,000 investment in exchange for 5% equity for their company. ![]()
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