8. Coat Chex
A ticketless coat check system, Coat Chex was conceived by Derek Pacque, who was only 23 when he appeared on the show. The sharks recognized the potential of the business, leading to Mark Cuban offering him $200,000 for a third of the business. However, this was far below the $2 million Pacque thought his company was worth and left without an agreement. But, here comes the reason why this business is among the most successful Shark Tank rejects – the company has grown substantially since then, including the system being used at Mercedez Benz-Fashion Week and the Superbowl.
7. Coffee Meets Bagel
It seems businesses run by siblings are pretty successful, as this is the second sibling run business in the 11 most successful Shark Tank rejects round up. Coffee Meets Bagel is a dating network founded by 3 sisters, and they wanted $500,000 for a 5% stake in the business. In a world full of popular dating apps such as Tinder, this idea was still brilliant enough to be appreciated by the sharks, with Mark Cuban making the biggest offer in Shark Tank history; $30 million for the entire business. However, the sisters did not want to part with the entire business and left. They have now expanded the business internationally to Hong Kong, while further expansions are also on the horizon.
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