Using a pan and a strainer is messy and only results in more work. So why not both? Josh Conway and Adam Chaudry’s product Handy Pan combines a non-stick skillet with a strainer on the side so you can drain grease from your food without the hassle. What will the sharks think during the
If you’re short on time, here’s a quick overview of what happened to Handy Pan after
Josh Conway and Adam Chaudry appeared on
Shark: | Result: |
Lori Greiner | Accepted deal of $10,000 for 20% equity |
Mark Cuban | No Offer |
Kevin O’Leary | No Offer |
Barbara Corcoran | No Offer |
Robert Herjavec | No Offer |
Shark Tank Handy Pan Update
- Entrepreneurs: Josh Conway and Adam Chaudry
- Business: A pan with a built-in strainer
- Ask: $10,000 for 20% equity
- Result: $10,000 for 20% equity
- Shark: Lori Greiner
Friends and entrepreneurs Josh Conway and Adam Chaudry devised a way to easily strain grease when cooking with their invention, the Handy Pan. The nonstick cookware has a built-in strainer and an easy-release button, saving users a mess and extra steps when making dinner.
The Handy Pan makes making pasta, vegetables, and meat easy for taco night. Josh and Adam deliver a great pitch that showcases their product’s strengths, but the sharks quickly change their tune when they reveal their sales numbers.
Firstly, the company had a crowdfunding campaign in 2018. However, it was only able to raise about one-fourth of its hoped-for $40,000.
All in all, the Handy Pan only has about $7,900 in sales in the three years since it hit the market. They couldn’t get into retail and didn’t know how to market their product effectively, having spent very little on social marketing.
Kevin O’Leary doesn’t think the product will sell, but they mention that they haven’t yet tried Amazon, which surprises the sharks.
Robert Herjavec doesn’t think the sales make sense. Since both Josh and Adam have day jobs, their backs aren’t up against the wall to make it work.
Lori Greiner, on the other hand, doesn’t want to waste time disputing. Their ask is so low that she agrees to give them exactly what they are requesting —$10,000 for 20% equity in the company.
Of course, Josh and Adam are thrilled, and they leave the tank having secured a successful deal.
So, has Lori worked her magic yet? We’ll find out in our Handy Pan update.
Since the show’s filming, there doesn’t seem to be much happening with Handy Pan. Although the company quickly sold out of product right after filming (as can be expected with the
The Handy Pan website is still up and running. However, our Handy Pan update research didn’t find any new updates for the product.
Currently, the site is very minimal and only has one style of Handy Pan available for $49.99 with free shipping. There’s no sign of a Handy Pot or other models anywhere.
At this point, it doesn’t look like Josh and Adam took the shark’s advice about marketing, either. The company is very quiet on social media, with no recent posts within the past year.
With Lori involved, hopefully Josh and Adam will be able to get off the ground soon, and we can report better news in our next Handy Pan update.
Make sure to check out our other company updates from Season 13 Episode 21! You can find them here:
For more company updates from Season 13, don’t forget to visit our Season 13 products page.
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