We're still working up our take on this deal. (Sometimes it takes us a little bit.) However, you might find our quick take interesting in the meantime. Check back when we've updated this deal to see all of our thoughts.
An actual valuation under $5,000,000? Does Shark Tank even do that any more?
These two entrepreneurs have created a business around the making of "slime", a hot trend in the kid space it would seem but something parents hate. So they will bring the slime making to you for birthday parties and other events and, presumably, clean up after.
Unfortunately, despite their very reasonable value, none of the sharks bit, citing the fact that they were only seven months old and with $28,000 in lifetime sales, just didn't have the track record yet to prove they were viable.