Chris Sacca made a quip about Danny needing counseling instead of pitching, while Kevin used the story of Sisyphus to explain his lack of faith in the business. He even distributed samples to the Sharks, and Lori was impressed, remarking “Ooh, it’s heated.” However, without the protective label, the coffee was quite hot.ĭespite Danny’s efforts, he did not secure a deal from the Sharks. He claimed that HotShot was the ultimate in hot coffee convenience, and consumers would never have to prepare coffee again. Danny wanted to make HotShot as popular in the United States as it is in Japan and make his father proud.ĭanny was looking for a $300,000 investment in exchange for a 10% stake in his company, which was valued at $3 million. He opened his pitch by sharing a personal story about his father’s support for his business ventures and how he discovered hot canned coffee on a trip to Japan. Danny was seeking a Shark’s help with manufacturing and distribution for his company. In episode 704 of Shark Tank, entrepreneur Danny Grossfeld presented his product HotShot, which is hot coffee in a can, to the Sharks. In addition to the original flavor, HotShot is available in French Vanilla, Espresso, Caramel, and Hot Chocolate.ĭespite investing a million dollars in HotShot, Grossfeld was unsuccessful in his Kickstarter campaign to raise $100,000 last spring. The coffee itself is made from perfectly roasted Arabica beans, providing a fresh roasted coffee flavor immediately from the can. None of the Sharks saw any merit in HotShot as a business and they were wary of investing in Danny as a person since he had spent so much time developing the product without actually testing it. What is the net worth of Danny Grossfeld?.Is it necessary to shake the can before opening it?.Is it possible that the heated metal may burn my mouth?.How long will the cans keep hot if I disconnect the HotBox while traveling?.Does the HotBox consume a lot of power?.Is the Hotbox tested and approved for safety?.Is it safe to leave Hotbox running 24 hours a day, seven days a week?.
How long does Hotshot keep hot while it’s not in the Hotbox?.How long does it take to heat aluminum cans?.Do the cans truly stay hot all the time?.
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