Business

Bear Bowls Get Funded On Season Premiere Of ‘Shark Tank”

By Adriana Janovich
The Spokesman-Review, Spokane, Wash.

WWR Article Summary (tl;dr) The startup “Bear Minimum” makes “Bear Bowls”, flame-resistant, fold-able, square camping cook pots that fit into your pocket.

The Spokesman-Review, Spokane, Wash.

Cory and Heidi Santiago of Spokane pitched their Bear Bowls on the season premier of season 10 of “Shark Tank” on Sunday night.

And their project got funded.

“Well, the big secret is out! Bear Minimum got two offers and we chose to be Jamie Siminoff’s (RING.com) 1st Shark Tank investment!” they posted on their company’s Instagram account Monday morning along with a photo of Siminoff and Shaquille O’Neal holding a Bear Bowl. “Here he is with @shaq @shaquilleoneallegend holding our Papa Bear Bowl cook pot! Shaq and a Shark!”

Siminoff offered the Santiagos $100,000 for a 25 percent stake in their Spokane-based company. It was Siminoff’s first deal on the show.

Siminoff created the world’s first Wi-Fi video doorbell in 2011 and pitched his invention on “Shark Tank” in 2013. But he walked away empty-handed after rejecting an offer from Kevin O’Leary.

His company, Ring, went on to be a huge success. Billionaire Richard Branson became an investor and then, in February, Amazon bought Ring for $1 billion.

Now Siminoff is a guest judge on the show.

Bear Minimum makes flame-resistant, fold-able, square camping cook pots that fits into your pocket.

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