'Shark Tank' Recap: 'Drip Drop,' 'InchBug,' 'Jarret and Raja Productions' & 'KidRunner'

Things get pretty magical on ABC's Shark Tank this week as Drip Drop, InchBug, Jarret and Raja Productions and KidRunner all pitch their business for a chance to earn an investment from sharks Mark Cuban, Kevin O'Leary, Barbara Corcoran, Lori Greiner and Robert Herjavec.

Greiner, Cuban, O'Leary, Herjavec and Corcoran will take a look at four new businesses in search for the perfect investment that would generate them even more money than they already have.

Who will walk away with the biggest deal of the night?

About Drip Drop

Drip Drop is the mastermind of Sam Nassif and Oliver Greenwald. The high school students present a new way to prevent having to get messy while enjoying an ice cream cone.

Drip Drop is an edible ring that fits ice cream cones preventing the ice cream from running down your hands.

"..we saw these two little kids with drippy hands and messy clothes from their ice cream cones.

We then noticed how their mom used a handful of napkins to try to clean them up.

This image stayed in our minds and a few minutes later suddenly we both turned to each other and had the same thought: something should be done about that problem! And that's how The Drip Drop started." - Drip Drop

The ask: $50,000 for 20% equity.

How it went down: The pitch is very straight forward and full of energy. The sharks actually seem to love the energetic pitch from the kids who finish it off by presenting their patent.

They present the sharks with some ice cream and Drip Drop samples. Herjavec asks the kids what prompted them to create the Drip Drop and then came their origin story.

Their patent is on the design of the product. The guys want to pitch the product to ice cream cone manufacturers and that's why they need the sharks help. The Drip Drop is very easy to understand but Corcoran shows a slight flaw.

The kids do reveal that they need the money to perfect the product.

Herjavec believes that the key is the patent, however, Cuban disagrees. He says they should take it to ice cream shops for free at first to get people using it.

Cuban says it takes a lot of time and work and backs out of the deal. Herjavec disagrees with Cuban's look on it but he pulls out because it is too early for him. O'Leary says that the product is timeless and they should finish high school before entering the market seeing as they still own the patent.

O'Leary says it will be a lot of work for the shark and he doesn't want to take that on. He pulls out of the deal.

Corcoran doesn't believe she will be investing in this one because there are many things wrong with the business. She doesn't believe in the design. Greiner thinks it's a licensing play and she doesn't want to take their 20%. She pulls out so that the boys can keep all of the profits.

The kids make one last appeal to Corcoran but she does not like the taste of it or the design. She says the kids need to make it good.

She makes them an offer anyway. She offers the $50,000 but the kids need to fix their design. The kids have made a deal with Corcoran.

About Jarret and Raja Productions

Jarret Parker and Raja Rahman are famous for their appearance on America's Got Talent.

Now, the two are looking to take it one step further with their own production company, Jarret and Raja Productions. Will the sharks take a bite out of the business?

"Direct from the great casinos of the Las Vegas Strip and billed as "The Magic and Piano Guys," JARRETT & RAJA have entertained audiences worldwide with their amazing and unique blend of magic, music and comedy." - Jarret and Raja

The ask: $750,000 for 40% equity.

How it went down: The pitch finds the men sharing a small sample of their production "Miracles." The begin their magic and music infused show and it was incredible.

The sharks were very impressed and they wanted to know if there was a venue secured. The guys explain that it is solely up to the headliner to promote and put the show together.

They have a venue but they need to pay the rent. O'Leary believes they should be doing more than one shows a day.

Herjavec says there is a younger demographic going to Vegas and that's why the venues aren't willing to invest in the shows.

Herjavec says the act is great but there are 11 other acts. He wants to know why theirs is difference and the guys say they wish to be the next Siegfried and Roy.

Cuban says it's a great show but he has produced a lot of movies and it's difficult to get the audience. He pulls out of the deal. Corcoran says it's a scary and wild bet and pulls out. Herjavec said he would feel more comfortable if they had a brand. He says it's virtually impossible for them to make money they way they are doing it and pulls out.

O'Leary also pulls out of the deal. Greiner is thinking that they should take their act outside of Vegas.

Greiner says she loves what they are doing however, they are focusing on the wrong market and she pulls out. The guys go home without a deal.

About KidRunner

Will Warne has created KidRunner, a solution for parents who want to stay active but can't because they have to watch their children.

KidRunner features a pretty sleek design and functionality that will help fit parents stay fit. Will the sharks run away with this deal?

"kidRunner is about using innovation, performance and safety to enhance the experience of running and exploring with kids.

We have brought in an experienced group of runners to take a dozen pre-production kidRunners and subject them to a battery of real world situations...Road, Trail, Track, Anywhere..." - KidRunner

The ask: $500,000 for 20% equity.

How it went down: The pitch is incredible and really hits home to parents who want to stay fit without sacrificing injuries. Herjavec wants to try the product and seems very pleased with it.

O'Leary wants to look at the market and see how he will be able to market the product.

Warne presents facts but Herjavec says he doesn't know if he wants to run with his kid behind him. Warne quickly shuts that notion down.

Warne then reveals it was a go-to market investment opportunity. They cost $750 but O'Leary isn't as surprised as the rest of the sharks. They have a list of over 1200 people who are interested.

Warne says they did have a Kickstarter but they were asking for $100,000 and only raised $6-7,000. Warne has a good explanation which centers on the ambassador program.

Cuban wants to know why it has taken so long to get to this point and Warne blames that on the design process. Corcoran says she doesn't believe he is the type of entrepreneur that could get the job done. Corcoran pulls out. Cuban says it takes nothing for them to set it up.

Herjavec says they need to stop trying to make it perfect and pulls out. Cuban agrees and he also pulls out.

Greiner agrees with Corcoran but feels the product is not engaging for the child and pulls out. O'Leary says that Warne is facing a big challenge and pulls out. Warne goes home without an investment.

About InchBug

InchBug was started by Brenda Lee Feldman who was looking for a way to help parents stay organized.

Her company InchBug has created what they call Orbit Labels and is looking to grab an investment from one of the sharks. Will they see this as a necessity for parenting?

"The Original Orbit Label is any parent's solution for labeling bottles, sippy cups, snack containers and other various drink/toiletry containers. This innovative product is non-adhesive, reusable, and personalized to meet your needs." - InchBug

The ask: $400,000 for 10% equity.

How it went down: Feldman actually pitches My Drinky and then presents her Orbit Labels as a secondary product. She has sold $50,000 of the My Drinky, however, that doesn't impress the sharks.

She has sold millions of the Orbit Labels product and that draws the shark's attention.

Feldman is offering a full investment in her company not the products.

The sharks are downplaying My Drinky and looking right to the Orbit Labels that has flatlined at $2 million in sales per year. The sharks tell Feldman that she is better off staying out of the retail space.

Greiner says to get stuck in the store would be a problem for her. Herjavec says she is living the dream and retail is harder. He pulls out of the deal.

Cuban says Feldman isn't moving towards the things that has made her money and pulls out of the deal. Corcoran says the My Drinky is too complicated for a mom and pulls out.

Greiner says if it ain't broke don't fix it and pulls out of the deal.

O'Leary says he would give her the $400,000 to agree on the royalties until he receives $1.2 million with a 5% stake in the company. Corcoran says it is a greedy deal.

O'Leary doesn't want to invest in a business that is going in to retail. Feldman does not accept the offer and O'Leary pulls out. Feldman goes home empty handed.