Tactibite Fish Call Shark Tank Update – Shark Tank Season 8
Father-and-son duo Jeff and Jack Danos pitched Tactibite Fish Call on Shark Tank, reeling in big sales before the company shut down in 2023.
Father and son “fishtrepreneurs” Jeff and Jack Danos hoped to catch a Shark with the Tactibite Fish Call, their “secret weapon” for fishing, in Shark Tank Season 8 Episode 2.
Have a look at more Shark Tank Season 8 Episodes.
About Tactibite Fish Call
Category | Details |
---|---|
Business Name | Tactibite Fish Call |
Founder | Jeff Danos, Jack Danos |
Industry | Fishing |
Product | Sonic fish bait |
Deal Status | Deal Secured with Robert Herjavec |
Investment Asked | $150,000 for 10% equity |
Deal Outcome | $150,000 for 10% equity |
Seventeen-year-old Jack had created the product at home with a 3D printer when he was just 15. They brought the product to market with a successful Kickstarter campaign that raised $112,573 on a $10,000 goal.
The secret behind the Tactibite Fish Call was “tactile transducers,” mobile speakers mounted to a hard surface. When tossed into the water, it made sounds that mimicked the noises of schooling and feeding fish.
All you had to do was fish near the fish call to increase your chances of catching more fish. It weighed about a pound and was the size of a can of beer, and it came with an anchor and an anchor line.
The original Tactibite Fish Call was made with a 3D printer, but the father-and-son team had secured a manufacturer for future production. They had a patent pending and sold the product for $99.99.
Many fishermen said they were skeptical at first but came to believe it after increasing their catch.
Jeff and Jack likely needed funds for increased production. The only question was whether their fish call would work on the Sharks.
Tactibite Fish Call Shark Tank Recap
Jeff and Jack entered seeking $150,000 for 10% of their business. They gave their pitch, showed a video of them catching fish, and then handed out samples.
The Sharks seemed interested, especially when they learned the duo had done $330,000 in sales over the past five months. They were even more excited to learn that it cost $16 to make and sold for $99.99.
Did Tactibite Fish Call Get a Deal on Shark Tank?
Daymond seemed intrigued, considering he went fishing six times a month. Jeff and Jack revealed they had $500,000 worth of product in stock, as they had been reinvesting profits into inventory. The offers started flying shortly after.
Kevin offered $150,000 for 20%, and Daymond matched it. Mark went out, then Lori came in at $150,000 for 15%. Jack countered with $200,000 for 15%, but Lori held firm.
Kevin and Lori began to quibble, and Robert jumped in, offering exactly what they had requested ($150,000 for 10%). Lori immediately matched Robert’s offer, and Jack asked if they would partner.
They said no, and Jeff and Jack went with Robert, since he gave them what they wanted right off the bat.
What Made Tactibite Fish Call Unique?
It potentially had the power to change the fishing game forever, as it attracted fish to the surface with just the sound it emitted.
Tactibite Fish Call Shark Tank Update
Robert and the Tactibite guys never closed their deal, but they didn’t have to. The company went on to do $2 million in sales in the year following their original appearance.
During a July 2024 check-in, their website stated that when placing an order, “All orders are now handled by our partner Clever Training.” The link led to a page that read, “The page can’t be found.”
Jack’s LinkedIn page indicated the company shut down sometime in 2023. Jack had gone to become the CEO of Cold Slayer, “a novel heated sock product to keep your toes nice and warm.”
Posts about Tactibite Fish Call on Shark Tank Blog
Shark Tank Blog has more details on the Tactibite Fish Call, along with a pre-show interview with Jack and Jeff.
Where Can You Buy It?
The product is not available for purchase anymore, but you can take a look at their website. Their outdated social media handles on Facebook and Twitter (X) are also still up.
Quick Summary
- Jeff and Jack Danos pitched their sonic fishing lure, Tactibite Fish Call, on Shark Tank and landed a $150,000 deal with Robert Herjavec that never closed.
- Invented by Jack at 15, the device mimicked fish sounds, sold for $99.99, and racked up $330,000 in sales in five months.
- The company hit $2 million in sales the year after the show but shut down in 2023, and the product is no longer sold.
Check out more business updates from the same episode.