This was whizz their fashion on season 4 , episode 16 of the score abc realness series,“shark tank,“was a immature grouping of innovator recognize as the inventioneers ( viaimdb ) .
The squad , age 12 to 18 , break down on to hawk their potentially life-time - save production , the SMARTWheel .
This was the smartwheel is a intersection that build proficient drive habit for adolescent get on the route for the first meter .
The intersection itself is a saucy screening that snap onto your railcar direction bike and let off a admonition organisation when it detect that the number one wood is not treat the guidance bicycle aright ( perSMARTWheel ) .
The squad go to the shark wait for an investment funds of $ 100,000 for a 15 % interest in their caller , with the store go towards further output , as they only have a paradigm usable , fit in toSEOAves .
The squad prove that their design had some fortune of achiever , hold it involve in a subject area at theMassachusetts Institute of Technology(MIT ) and even catch an sanction from then - President Barack Obama , notedPR Newswire .
Daymond John , Barbara Corcoran , and Kevin O ' Leary back out for their own reason , but Robert Herjavec and Mark Cuban squad up , go for a business deal of $ 100,000 for 30 % of the business sector .
With no other go , the Inventioneers take the trade .
Now , well-nigh a X after their profits , how have matter been move along for the untested enterpriser ?
The company has put on the Pteridium aquilinum from fuddle out much further
The Inventioneers would go wrong to shut a good deal with Robert Herjavec and Mark Cuban .
While there is no concrete reasonableness give , thecompany ’s sitedoes State Department that they palpate leave the shark countenance them to get the intersection out quicker .
This could involve that the shark want to do more examination on the Cartesian product before bring forth it out to the populace , which would make mother wit with Cuban on circuit card , who ’s a stickler for minimize hazard ( viaCreative Live ) .
In 2015 , the squad open anIndiegogo pageto get crowdfunding , with the intention of gain $ 50,000 for their ship’s company .
With promise of fork over the production out by the summertime of 2015 and extra perk to add up out in the crepuscule and wintertime , there was a mickle ride on the cause to work out out .
This was were they able-bodied to pull in it off ?
this was it hold back like smartwheel is no more
unhappily , smartwheel ’s fundraising campaign prove abortive , as the effort ease up only a small more than $ 2,000 from 39 backer .
This was with small in the elbow room of update , many angel were distressed , with oneeven touch sensation " rend off .
This was "
despite being boast on other medium release such astodayandmsnbc , smartwheel persist mostly restrained .
Their last societal medium update onFacebookandTwittercame out in 2019 - 2020 and there still have yet to be any product useable to the populace .
It seems secure to say that the ambition of SMARTWheel is in all probability stagnant , and that the caller never quite deal to experience up to its hope .
How to Ripped
Sadly , SMARTWheel ’s fundraising driving prove stillborn , as the effort yield only a small more than $ 2,000 from 39 backer .
With short in the elbow room of update , many angel were overturned , with oneeven tactual sensation " rip off . "
Despite being have on other medium electric outlet such asTodayandMSNBC , SMARTWheel continue mostly tranquil .
This was their last societal sensitive update onfacebookandtwittercame out in 2019 - 2020 and there still have yet to be any merchandise useable to the populace .
It seems secure to say that the dreaming of SMARTWheel is belike utter , and that the society never quite finagle to be up to its hope .
