Matthew answers the question by saying that, since they started in in 2006, they have done nearly six million dollars in sales. “Barbara Corcoran asks Matthew if they have a patent on the design”. She states that it was very difficult and they felt like they are back at school, because of the fact that they had to study, write and spend a lot of time in the library. The Bakers Edge Brownie Pan provides a caramelized edge on every brownie. They did not manage to get an investment from the Sharks, but that did not stop them. There is no mention of Baker’s Edge being the best or worst on Shark Tank. Andy is a graduate of the University of Minnesota with a Bachelors Degree in Journalism. Kevin O’Leary says that the past is irrelevant for him, and says that if he is going to put up dollars and invest in Baker’s Edge, he wants to know what the future holds. Matthew states that after realizing that the edges are where the baking magic happens, they put on their thinking caps and came up with a whole new way to make brownies. “Many of the Sharks are shocked by the figure, but Kevin O’Leary asks for the sales of this year only, not all the years combined”. Matthew says that because of Oprah Winfrey, they were able to sell a lot of pans in a short period of time, but now their sales are naturally lower. Mark Cuban states that it had to be obvious to Matthew and Emily that their whole business sank and that they were losing sales. Baker’s Edge Enters the ‘Shark Tank’: 5 Fast Facts You Need to Know 1. She says that she is not confident in their products, so she is out as well. Barbara Corcoran tells Matthew to not put a lot of time into the Better Muffin Pan, because they cannot afford it right now. People seem to enjoy their products, and love baking brownies and other things in them. It All Began With a Brownie Pan. They had five thousand pans in their basement, and their family came over to help them to pack and ship. Baker's Edge Pitch (Shark Tank Season 5 Episode 29) - YouTube If you are interested in getting your hands on some Bakers Edge products, click this link to see all the discounted items available at Amazon.com from Bakers Edge.. She says that she never made easy meals in college, such as Ramen noodles or Mac and Cheese, just because it is easy and cheap. Lori states that it does not matter if the past was better when it comes to sales, and that she admires both Matthew and Emily, because she thinks that the pans are a genius idea. When he isn't writing Andy enjoys water sports and spending time on the golf course. Matthew states that they are seeking for a four hundred thousand dollar investment, for a twenty percent stake in their company. He states that at the peak, they have done nearly two million dollars of sales in a year, but a million dollars of that, was in thirty days. Baker’s Edge definitely did not fail as a business. Emily takes over the presentation and states that they have completely reinvented bakeware. Baker’s Edge Enters the ‘Shark Tank’: 5 Fast Facts You Need to Know, Baker's Edge Founders to Test 'Shark Tank' Waters, Living on the Edge: Southwestern grad hopes his unique brownie pan impresses TV show entrepreneurs, Indy’s Baker’s Edge Company to be on ‘Shark Tank’. He states that circles nest like a honeycomb in nature, and this designs saves them on metal. Matthew starts by introducing himself to the Sharks, after which his wife Emily does the same and tells the Sharks that they are from Carmel, Indiana. They have a utility patent on the Edge Pan design. She says that it is very difficult to come up with an idea that is as revolutionary as the products of Baker’s Edge. Black Friday is coming and just about every company is offering discounts. His design also does not allow for any spills, because the muffin batter will just flow over into the other circles in the pan. Matthew answers Kevin’s question by saying that, just in 2012 they have done sales of over two hundred fifty thousand dollars. The only reason that the Sharks did not invest in this company is because Matthew and Emily failed to come up with new, innovative products. Matthew states that for the past several years, they have been dominating the larger, multinational brands and want to leverage on that success, and launch a line of conventional bakeware. After her college years, she was really into cake decorating, which made her quit her job and attend a culinary school. “Robert Herjavec asks how successful their company is at the moment”. She always cooked her own dinner, and always baked cookies, just to give away to other people. Matthew takes one of his Edge Brownie Pans and tells the Sharks that in this pan, every brownie has at least two chewy edges. Matthew Griffin, the inventor of Baker’s Edge, came up with the idea for his Edge Brownie Pan when he just graduated from Ball State University in Indiana. “The Sharks disagree with each other because of the fact that the industry is relatively small compared to other industries”. Matthew says that as soon as they started making money, everyone started following the money trail. BEFORE SHARK TANK Matthew Griffin, the inventor of Baker’s Edge, came up with the idea for his Edge Brownie Pan when he just graduated from Ball State University in Indiana. Matthew and Emily shake their heads and Matthew says that the products that have been on QBC were an infringement, and they are no longer being sold on QBC. Matthew and Emily disagree with Robert’s statement about being comfortable. “Robert Herjavec states that Matthew is not on Shark Tank because of the pans, but asks him how he is going to go back to nearly two million in sales”. Mark states that they had to come up with a new and fresh idea, and does not like the Better Muffin Pan at all. After months and months of keeping hush hush – we can finally share with our fans that we went to the “Tank” to find a partner –and to kick our little operation into high gear. Mark Cuban states that he is out. Matthew says that if you are like a lot of other people, you go for those corner and edge pieces first. She says that, at the time, they had two kids, one of which was a new born. He shows the Better Muffin Pan to the Sharks and states that both Emily and he have applied their design in a muffin pan, which is designed like a honeycomb. Wish us luck on our Facebook Page (or better yet on Shark Tank’s Facebook Page)! The Edge Brownie Pan was the first product the Griffins created. They are holding several patents for their innovative ideas. He says that he is not taking anything away from what they have created, but he likes to get into business with people that have a sense of paranoia. Tune in to your ABC Network channel on 5/16, 8|7c to see if they take the bait, or eat us alive! “Kevin O’Leary asks Matthew why he thinks that his products is worth two million dollars”. Matthew says that they have a family of three kids, after which Emily takes over the presentation. His idea was to design a new style of pan, which can bake a whole tray of corner brownies, and to his surprise, he was the first one to ever think about this. Baker’s Edge – Shark Tank Season 5, Episode 29. GoPro Inc (NASDAQ:GPRO) Hero 4 – Should You Actually Buy It? She states that they need to be really careful with their next product, and that the muffin pan is not careful enough. The Sharks are impressed with the design of Bakers Edge caramelized edge . Right now, there are three different pans, and a lot of accessories that you can purchase on the Baker’s Edge website. “Lori Greiner has a big smile on her face”. There is also a Facebook page with a lot of very positive reviews about Baker’s Edge products. “Matthew and Emily Griffin walk confidently and stand in front of the Sharks”. Baker's Edge - Edge Brownie Pan - Simple Lasagna Pan - Better Muffin Pan WATCH THIS SPACE for updates and news about our appearance on ABC’s Shark Tank.