First, some background. As the Flemings explained during their pitch, the BagBowl hadn’t actually done any sales prior to “Shark Tank.” Brian Fleming characterized their company as a “pre-revenue startup,” but Daymond John accused them of romancing the truth. The Flemings were also uninterested in manufacturing the product themselves, preferring to forge a licensing deal with an existing housewares company. They had also applied for a utility patent, but hadn’t yet secured it. As Cuban put it, the Flemings wanted someone else to do all the work.
Despite this, the Flemings struck a deal with Lori Greiner because of her connections at QVC. Greiner sold them on the promise that she would promote the BagBowl on the shopping channel, and that’s what she did. QVC did indeed sell a 16-piece BagBowl set on its website, but it’s currently out of stock. Otherwise, the BagBowl isn’t available for sale anywhere else online. Mark Cuban’s remark that the brothers were “wantrepreneurs” was perhaps accurate. If there’s anything the Flemings can take away from their “Shark Tank” appearance, at least they gave Mark Cuban a nickname that people can still use today.
