Some ideas are made for fantasy and one such idea came to the shark tank just like that.
The Sullivan Generator was an idea developed by the founder and owner Mark Sullivan, who believed that he could convert something into gold. Let’s see if this idea got an investment in the shark tank.
The Sullivan Generator at a glance:
| Business idea | A machine that supposedly causes hurricanes to produce gold |
| Founders | Mark Sullivan |
| Asked for | $1 million for 10% |
| Accepted deal | No deal |
| Sharks | No deal |
| Business status | Out of business |
| Episode | Season 3, Episode 11 |
Index:
Founder Story:
Mark Sullivan was a person who pursued the biomedicine and physics fields. He also became an inventor who put a theory to the test that using the natural force of the Coriolis effect he could generate Gold as a waste product.
This idea was fantasy but the inventor had come all prepared with the chart and image of the prototype.
What is The Sullivan Generator?
The Sullivan Generator is a unique product that was featured on Shark Tank. It is a portable power generator that can be used in emergencies or while camping or traveling. The Sullivan Generator is unique because it is powered by solar energy, making it an eco-friendly alternative to traditional gas-powered generators.
It is designed to be easy to use and transport, with a durable, weather-resistant exterior. The Sullivan Generator has the potential to be a game-changer in the world of portable power generation.
Did The Sullivan Generator get a deal on Shark Tank?
Mark Sullivan introduces himself to the sharks, and shows them his design of the Sullivan generator, asking $1 million in exchange for 10% of his design for this device.
He launches into a science class talking about how it works, but the thing that catches the sharks’ attention in the end, is that it supposedly uses the Coriolis effect to create electricity from water along with the leftover being over $96 billion worth of GOLD that can be brought about this way.
Daymond has no idea what is going on so he goes out. Kevin asks how long Sullivan has been on earth. Barbara follows him.
Kevin and Robert try to understand a little bit more about the machine, while Mark Cuban just thinks it’s b.s, so he also goes out. Kevin just can’t invest in such an absurd idea, so also is out, and Robert also goes out in the end.
What happened to The Sullivan Generator after Shark Tank?
The business has some scope it seems as the idea generated $10 million, which is out of this world! But the idea didn’t have any takers after that
What is the net worth of The Sullivan Generator?
Even though it had an outrageous valuation of $10 million, we don’t know what the current net worth of this company is.
Is The Sullivan Generator still in business?
No, this business may no longer be operational as the original idea is just outrageous and I’m sure it didn’t even reach the planning stage to put it to use, much less a finished product. There is a website called marksullivanresearch.com but we’re not so sure.
Social Links:
Do Share Your Thoughts:
Do tell us all your thoughts in the comments section below, we look forward to reading all the comments in the section below.
Also, don’t forget to try our Android app 📱 which contains startup case studies and business book insights 📚 , verified business strategies, and no bullshit!!
Related Articles:
FAQs:
What is The Sullivan Generator?
The Sullivan Generator is a unique product that was featured on Shark Tank. It is a portable power generator that can be used in emergencies or while camping or traveling. The Sullivan Generator is unique because it is powered by solar energy, making it an eco-friendly alternative to traditional gas-powered generators.
What's the net worth of The Sullivan Generator?
Even though it had an outrageous valuation of $10 million, we don’t know what the current net worth of this company is.