Shark Tank Episode with Local Lens
So what was it like?
We were given the opportunity to be on Shark Tank, for a special season filmed in Mexico. After flying into Mexico City and staying in the beautiful and super cool Roma district, we were directed to the studio. There were 2 other teams with us. One was a startup offering special needs bicycles and tricycles, and another was a a food truck selling TacoPizza cart. We waited for about 2 hours before getting called back for sound check, and it was all happening!
Fun fact: You know that hallway they make you walk down before going through the doors? They made us walk that 5 different times!
We had rehearsed our pitch over and over for days, but when it came down to it our nerves were out of control. Standing in front of billionaires with your business on the line can put your stomach into knots!
Did you get an offer?
We did! But we did not accept…
The shark asked for 33% of the company, and that was a lot to give so early in our company’s life.
What were you looking to get out of going on Shark Tank?
An offer to our initial bid would have been incredible! But realistically we did not need much financial help. Instead, we were looking for a shark with more marketing or advertising connections that could help us get more exposure, such as Ana Victoria or Arturo Elías. Jorge Vergara was the shark that made us an offer, but since he is usually more inclined towards the health industry, we didn’t think he would be the best fit for Local Lens.
How did you get picked to get on the show?
We saw a casting call ad and submitted a short video of us describing our company, and then we had 3 more rounds of interviews. When we were notified we got on the show, we were a bit caught off guard, and said “I guess we are going to Mexico City!”
Did anything fun happen off screen?
A couple crew members cheered us on which was fun. After we did not accept the offer many of them told us “I can’t believe you didn’t accept it!” or “I’m so glad you didn’t take that offer!”
Also the Sharks said that they wanted an invite to our wedding!
Did anything come out of the experience?
Pitching your company is always a learning experience, no matter how many times you do it. Each time someone will say something you haven’t thought of yet. We love getting different perspectives and getting constructive criticism. We believe there is always room to improve the customer experience!