SUNY New Paltz Student Wins Funding On ‘Shark Tank’
A student from SUNY New Paltz is set to appear on Shark Tank with his family.
According to Newsday, a family from Long Island with a son that attends SUNY New Paltz is set to appear on Shark Tank. The three siblings appeared on the show to pitch their late father's invention, the Cup Board Pro.
The Cup Board Pro is a cutting board has a detachable trough for simple disposal of food-prep scraps, and an angle that sends meat juices and other liquids draining into the trough, helping to prevent any mess. It currently sells for $40.
In a first for Shark Tank, all investors backed the product. Mark Cuban, Lori Greiner, Daymond John, Kevin O'Leary and guest Matt Higgins all offered $20,000 each, totaling at $100,000 for 20% share in the company. All investors wanted to offer their expertise, which is why they all joined instead of battling for the deal. Cuban added that any profits they receive from their 20% will be donated to a charity that supported firefighters who were sick from 9/11.
The children's father, who invented the product, died this March of 9/11 related cancer. He was a firefighter for Ladder Company 158 in Springfield Gardens, Queens.