Youngest Shark Tank Deal
Most six-year-olds are just learning to read and write, so it must have surprised the sharks on Shark Tank when Kiowa Kavovit and her dad, Andrew, appeared to film in the young entrepreneurs' special episode. The two pitched BooBoo Goo, a paint-on liquid bandage targeted to kids. The Kavovits asked for $100,000 for 17.5% equity, which Kevin O'Leary negotiated up to 25% pending the patent. Kiowa became the youngest entrepreneur to pitch and, even more amazingly, get a deal from the show. Unfortunately, it appears the product was never released to market, but Kiowa should be proud of doing something most would never do.
Social Media
Kiowa Kavovit will become the youngest inventor ever to pitch an idea @ABCSharkTank! Good luck, Kiowa! http://t.co/IhLTpXPAPf
— Good Morning America (@GMA) March 14, 2014
References
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Boo Boo Goo Update | Shark Tank Season 5
Kiowa and Andrew’s patent-pending, paint on bandages were developed after Kiowa was injury. She asked her dad what he would think if she could paint skin over her knee wound. Her family apparently had the resources to hire wound-care chemists to find out, and Kiowa was credited with inventing Boo Boo Goo, the paint-on bandage.
Shark Tank Recap
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The Youngest Entrepreneur To Ever Be Featured On Shark Tank Read More: https://www.looper.com/1184747/the-youngest-entrepreneur-to-ever-be-featured-on-shark-tank/
Accompanied by her father, Andrew Kavoit, an actor, she was so short she had to stand on a stool to properly address the sharks. Kavovit and her father were looking for a $100,000 investment in trade for a 17.5% stake in the company.
Looper
