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Bunch Bikes: What Happened After $250,000 Shark Tank Deal Plot Twist!
On Season 12 of
Aaron Powell pitched
Bunch Bikes, a line of electric bikes (e-cargo trikes) that come with a built-in basket to tote kids and pets in front. On the show, he reached a deal with New York City real estate maven
Barbara Corcoran who invested $100,000 with a $150,000 line of credit in exchange for 15 percent equity.
[Related:
Shark Tank episode originally aired in March 2021,
Robert Herjavec (who was not on the panel that night) – had bought a Bunch Bike before seeing it on
Shark Tank – approached Aaron about splitting the $250,000 investment with Barbara. Bunch Bikes refers to the interest as a “PLOT TWIST!” Robert says it’s “the first time a deal has been done by a shark NOT on the panel!”