In episode 408 of Shark Tank, entrepreneur, entertainer, and inventor Drew Baumier showcased his Drive Suits Transformer Costumes. These costumes allow individuals to transform into Transformer-like vehicles, providing entertainment for large events and kids’ birthday parties.
Despite not having any real sales yet due to pending patents, Baumier had won around $25K in contests. In the episode, the Sharks were surprised and delighted by the Transformer costumes, but only Mark Cuban and Kevin O’Leary made offers. Mark offered $150K for 40% of the company, while Kevin offered $150K for 30% but wanted to pursue a deal with toy companies. Ultimately, Baumier chose Kevin’s deal. However, the agreement between Baumier and Kevin fell through after the show aired, and the company, Drive Suits, later changed its name to Robots and Cars Entertainment, Inc. Baumier continued to entertain at events and saw growth in his birthday party business.
- Drive Suits Transformer Costumes allow individuals to transform into Transformer-like vehicles.
- In episode 408 of Shark Tank, Mark Cuban and Kevin O’Leary made offers for Drive Suits.
- Baumier chose Kevin’s deal, but it fell through after the show aired.
- Drive Suits changed its name to Robots and Cars Entertainment, Inc.
- Baumier continued to entertain at events and saw growth in his birthday party business.
The Pitch and Investor Interest
During his pitch on Shark Tank, Drew Baumier showcased his Drive Suits Transformer Costumes, accompanied by himself and three others wearing the costumes. The Sharks were impressed by the costumes and expressed different opinions on the potential of the business.
Mr. Wonderful suggested pitching Drive Suits to major toy companies, while Mark Cuban disagreed, citing the lengthy process. Robert Herjavec raised concerns about the lack of patents, leading him to opt out. Daymond John also declined the opportunity, citing it as too soon, and Barbara Corcoran expressed liability concerns, leading her to pass on the investment opportunity.
Ultimately, Mark offered $150K for 40% of the company, and Kevin offered $150K for 30% with the intention of pursuing deals with toy companies. Baumier opted for Kevin’s deal, but it didn’t come to fruition after the show. Despite the mixed reactions from the Sharks, the pitch generated significant interest in the innovative Drive Suits Transformer Costumes.
Post-Show Business Journey
Following his appearance on Shark Tank, Drew Baumier faced challenges in securing a deal with toy companies, leading to the dissolution of the agreement with Kevin O’Leary. Undeterred, Baumier decided to pivot the business and focus on selling the Drive Suits to the general public. He continued to entertain at events and saw growth in his birthday party business.
The name of the company was changed to Robots and Cars Entertainment, Inc., and Baumier and his troupe dressed up in an array of Drive Suits for parties, events, and conventions.
As of mid-October 2022, the company was still in business, although its last Facebook post was in April 2019, and the website’s link is currently inactive. It appears that Robots and Cars Entertainment may have closed its doors.
Continued Success and Challenges
The post-show journey for Drive Suits and later Robots and Cars Entertainment presented both successes and challenges for Drew Baumier. While the company’s presence continued, with Baumier and his team donning Drive Suits for various events and appearances, the online activity seemed to have diminished in recent years. The company’s ability to sustain long-term success and navigate the competitive entertainment industry remains unclear.
Despite the uncertain future, Baumier’s dedication to the business and the popularity of Drive Suits within the entertainment scene cannot be overlooked. The post-show journey demonstrates the ups and downs faced by entrepreneurs after their appearances on Shark Tank, highlighting the importance of adaptability and perseverance in the face of evolving market dynamics.
Drive Suits Beyond Shark Tank
After his appearance on Shark Tank, Drew Baumier continued to promote Drive Suits in various ways. He even made an ill-fated appearance in full costume on American Idol, capturing the attention of millions. Additionally, Baumier showcased the Drive Suits at events in Cleveland, Pittsburgh, Fresno, Bakersfield, and a Transformers show in Shanghai, China. These appearances not only entertained audiences but also helped Drive Suits gain over 2 million views on YouTube.
Furthermore, Baumier had an opportunity to showcase Drive Suits on Let’s Make a Deal, where he even won some money. These appearances on popular television shows further highlighted the entertainment value and versatility of Drive Suits.
While Drive Suits enjoyed an active presence in the entertainment industry, reliable revenue figures are unavailable. It is worth noting that as of August 2021, the company was still operational. However, as of December 2022, it appears that Drive Suits, now known as Robots and Cars Entertainment, may have gone out of business.
Despite the uncertain business trajectory, Baumier’s efforts to promote Drive Suits beyond Shark Tank demonstrate the company’s potential to capture the imagination of both children and adults through its innovative and entertaining costumes.
|Let’s Make a Deal
Shark Tank Season 4 Overview
In September 2012, Shark Tank Season 4 premiered, captivating viewers with its exciting lineup of entrepreneurs and their pitches to secure investment from the esteemed panel of Sharks. This season marked the return of guest investor and QVC Queen, Lori Grenier, adding a new dynamic to the show. Consisting of 26 episodes, Season 4 became the longest season at that time, providing ample opportunities for entrepreneurs to showcase their businesses.
Investor Collaborations and Episodes
The Sharks, including Lori Grenier, collaborated on numerous deals throughout the season, leveraging their expertise and capital to support the growth of promising ventures. Entrepreneurs, at various stages of their business journeys, seized the opportunity to present their innovative ideas and seek investment from the experienced investors in the tank. Each episode featured a diverse range of business pitches, offering valuable insights into the world of entrepreneurship and investment.
It’s worth noting that the deals made on the show were subject to due diligence after the episodes aired, ensuring the viability and potential success of the partnerships established on Shark Tank Season 4.
|September 14, 2012
|September 21, 2012
|September 28, 2012
|October 5, 2012
|October 12, 2012
|October 26, 2012
|November 2, 2012
Shark Tank Season 4 Episodes
Shark Tank Season 4 introduced viewers to a plethora of episodes, each showcasing a unique set of entrepreneurs and their innovative business ideas. From Episode 401 to Episode 407, aspiring business owners presented their pitches to the esteemed panel of Sharks, hoping to secure the deals that would help take their ventures to new heights. Throughout the season, the episodes highlighted the diverse range of entrepreneurs and the potential deals that were on the table.
|Innovative Tech Gadgets
|Eco-friendly Cleaning Products
|Deal with Lori Grenier
|Health and Fitness App
|Artisanal Baked Goods
|Deal with Mark Cuban
|Sustainable Fashion Brand
|Deal with Barbara Corcoran
|Online Pet Supply Store
|Home Automation Systems
|Deal with Kevin O’Leary
These episodes provided viewers with an exciting glimpse into the world of entrepreneurship, where creative and determined individuals pursued their dreams in front of the Sharks. While some entrepreneurs successfully landed deals with the Sharks, others left the tank empty-handed but armed with valuable feedback and exposure for their businesses.
Swim with the Sharks Updates
Watching Shark Tank allows viewers to stay updated on the entrepreneurial journeys of the show’s participants. It’s an opportunity to see if the entrepreneurs secure deals with the Sharks and if those deals successfully materialize beyond the show. These updates provide valuable insights into the challenges and successes faced by the entrepreneurs as they navigate the business world.
Entrepreneurs who swim with the sharks have the chance to turn their innovative ideas and products into lucrative deals that can transform their businesses. The show provides a platform for entrepreneurs to pitch their ideas to a panel of experienced investors and industry experts, who can provide funding, mentorship, and valuable connections.
For viewers, it’s fascinating to see how these entrepreneurs handle the pressure of the pitch and negotiate with the Sharks. It’s also exciting to witness the potential partnerships and agreements that emerge from these interactions.
“Shark Tank allows entrepreneurs to showcase their skills and business acumen on a national stage. The updates and outcomes provide a unique behind-the-scenes look at the real-world challenges faced by these entrepreneurs as they navigate the post-Shark Tank landscape.”
Entrepreneurs who secure deals on Shark Tank often experience a surge in business and brand exposure. The platform offers them a massive boost in visibility, which can lead to increased sales and broader market reach.
However, not all deals that are made on the show come to fruition in the real world. Many factors can influence the outcome, such as due diligence, contractual negotiations, or changes in market conditions. It’s essential to track these updates to get a clear understanding of the challenges that entrepreneurs face as they strive to turn their Shark Tank success into long-term business growth.
Swim with the Sharks Updates: Deals and Success Stories
One notable success story is the company Scrub Daddy, which appeared on Season 4 of Shark Tank. The entrepreneur behind Scrub Daddy, Aaron Krause, secured a deal with Shark Lori Grenier, who invested $200,000 for a 20% stake in the company. Following the episode, Scrub Daddy experienced unprecedented success, with sales soaring to over $100 million by the end of 2021.
Another example is GrooveBook, a photo book app that allows customers to print photos directly from their phones. The entrepreneurs secured a deal with Shark Mark Cuban, who invested $150,000 for a 60% stake in the company. After their appearance on Shark Tank, GrooveBook experienced exponential growth, leading to a successful acquisition by Shutterfly for $14.5 million.
These success stories show that securing a deal on Shark Tank can be a game-changer for entrepreneurs, but it’s crucial to stay updated on the progress and outcomes. As the saying goes, “It’s not a done deal until the ink is dry.”
Swim with the Sharks: Notable Updates and Lessons Learned
Throughout the seasons, Shark Tank has seen a wide range of updates and outcomes for the entrepreneurs who swim with the sharks. Some entrepreneurs have experienced exponential growth and success after the show, while others have faced significant challenges in scaling their businesses.
- Some entrepreneurs have struggled to meet the high demand generated by their Shark Tank appearance, leading to production or fulfillment issues.
- Others have encountered challenges in executing their business plans or expanding into new markets.
- Several entrepreneurs have successfully leveraged their Shark Tank exposure to secure additional funding from venture capitalists or angel investors.
- Some deals made on the show have fallen through due to disagreements during the due diligence process or changes in the business landscape.
- Many entrepreneurs have gained valuable feedback and insights from the Sharks, which have helped them refine their business strategies and offerings.
These updates and lessons learned provide a valuable resource for aspiring entrepreneurs and business enthusiasts. They shed light on the realities of entrepreneurship and serve as a reminder that success doesn’t come without hard work, dedication, and ongoing adaptation.
Drive Suits on Shark Tank Blog
The brand Drive Suits garnered attention on the esteemed Shark Tank Blog, a prominent platform that shared comprehensive information about Drew Baumier, the driven entrepreneur behind the company. The blog presented in-depth insights into Drive Suits, covering essential details such as the company’s website, Facebook page, and Twitter account. Featuring prominently on the Shark Tank Blog provided valuable exposure to Drive Suits, allowing readers to access additional company information and stay updated on the latest developments.
Through the extensive coverage on Shark Tank Blog, aspiring entrepreneurs and avid followers of the show could obtain a deeper understanding of Drive Suits, its unique offerings, and Baumier’s entrepreneurial journey.
Drive Suits and the Shark Tank Scam
Drive Suits, the legitimate business featured on Shark Tank, has no connection to the infamous Shark Tank skincare scam. Unlike the skincare scam, which misleadingly claimed to be the “biggest deal in Shark Tank history,” Drive Suits operated with transparency and integrity. The skincare scam sought to deceive consumers through a deceptive risk-free trial offer.
However, it is important to note that Drive Suits was not involved in any scam or fraudulent activities. The company showcased its impressive Transformer costumes on the show, capturing the interest and imagination of both the Sharks and viewers worldwide.
While Drive Suits faced its own challenges after Shark Tank, such as the dissolution of the deal with Kevin O’Leary, the company maintained its commitment to providing high-quality entertainment experiences. Drive Suits proved to be a legitimate and reputable business, offering unique and exciting entertainment for various events and parties.
Consumers should remain vigilant and cautious when encountering offers that seem too good to be true, such as risk-free trial offers. Always conduct thorough research and exercise skepticism before engaging with any product or service.
Drive Suits Beyond the Show’s Duration
Despite the end of Robots and Cars Entertainment’s active online presence, Drew Baumier continued to navigate the entertainment industry for a few more years. As of mid-October 2022, the company was still in business. However, the company’s last Facebook post was in April 2019, and the website appears to be inactive. The exact duration of the business’s operations beyond this time frame is unclear.
Throughout its active presence, Robots and Cars Entertainment, formerly known as Drive Suits, showcased its drive suits and entertained audiences at various events, parties, and conventions. However, with the company’s online presence fading and lack of recent updates, it is uncertain whether the business is still active.
In conclusion, the appearance of Drive Suits on Shark Tank marked an exciting journey for Drew Baumier as an entrepreneur. Despite the initial deal with Kevin O’Leary not materializing, Baumier persevered in promoting and selling his innovative Drive Suits to the general public. Throughout their business journey, Drive Suits faced a mix of successes, such as notable appearances on American Idol and Let’s Make a Deal, as well as challenges that prompted changes in the company’s name and business direction.
Baumier’s post-Shark Tank experience showcased the evolution and resilience of his business. This journey serves as a testament to the incredible opportunities and obstacles that entrepreneurs encounter within the competitive realm of reality TV shows. Despite the uncertainties and complexities, Baumier’s dedication to his vision and the Drive Suits brand proved that determination and adaptability are crucial for long-term success.
While the current status of Drive Suits and Robots and Cars Entertainment, Inc. remains unclear, Baumier’s achievements and experiences within the entertainment industry have left an indelible mark. The Drive Suits Shark Tank episode and the subsequent business journey have underscored the significance of perseverance, creativity, and adaptability in pursuing entrepreneurial dreams and navigating the ever-changing landscape of the business world.
Q: Was Drive Suits featured on Shark Tank?
A: Yes, Drive Suits was showcased on episode 408 of Shark Tank.
Q: What were the investor offers for Drive Suits on Shark Tank?
A: Mark Cuban offered 0K for 40% of the company, while Kevin O’Leary offered 0K for 30%.
Q: Did Drive Suits secure a deal with any of the Sharks?
A: Yes, Drive Suits initially chose Kevin O’Leary’s offer, but the deal fell through after the show aired.
Q: What happened to Drive Suits after Shark Tank?
A: The company changed its name to Robots and Cars Entertainment, Inc. and continued to operate, focusing on the entertainment industry.
Q: Did Drive Suits go out of business?
A: The current status of the company is unclear, as its online presence seems to have become inactive.
Q: How long did Drive Suits continue its operations after Shark Tank?
A: Drive Suits, under the name Robots and Cars Entertainment, Inc., appears to have continued its operations for a few more years after its appearance on Shark Tank.
Q: What other shows and events did Drive Suits participate in?
A: Drive Suits was showcased on American Idol and Let’s Make a Deal. The company also made appearances at events in Cleveland, Pittsburgh, Fresno, Bakersfield, and a Transformers show in Shanghai, China.
Q: How many episodes were there in Shark Tank Season 4?
A: Shark Tank Season 4 consisted of 26 episodes.
Q: Who was the guest investor in Shark Tank Season 4?
A: The guest investor in Shark Tank Season 4 was Lori Grenier, also known as the QVC Queen.
Q: Are there updates on the entrepreneurs and their deals beyond Shark Tank?
A: Yes, viewers can find updates on the entrepreneurs and their deals after Shark Tank, providing insights into their post-show journey.
Q: Where can I find additional information about Drive Suits?
A: The Shark Tank Blog featured information about Drive Suits, including the company’s website, Facebook page, and Twitter account.
Q: Was Drive Suits involved in any Shark Tank scams?
A: No, Drive Suits was a legitimate business featured on Shark Tank and was not involved in any scams or fraudulent activities.
Q: How long and successful was Drive Suits’ business duration?
A: The exact duration and success of Drive Suits’ business beyond a certain time frame are unclear, as the company’s online presence became inactive.