Dino Don in Shark Tank-Does Mark Cuban Makes a Deal with Delco Robotic Dinosaur Maker?

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dino don shark tank
SHARK TANK - Ò1222Ó Ð T-rexes, raptors and sharks! A husband and wife from Philadelphia, Pennsylvania, wow the sharks with the biggest product ever brought to the tankÉlife sized, scientifically accurate animatronic dinosaurs! An entrepreneur from Los Angeles, California, pours her heart out while pitching the virtues of a popular caffeinated beverage inspired by her Vietnamese heritage. An entrepreneur from Buna, Texas, shocks the sharks with the big sales of her humble beverage coolers, while a pair of entrepreneurs from San AndrŽs, Colombia, and Simpsonville, South Carolina, respectively, introduce their genius tool that helps parents easily conquer potty training on the season finale of ÒShark Tank,Ó FRIDAY, MAY 21 (8:00-9:01 p.m. EDT), on ABC. (ABC) DON LESSEM

What Exactly Is Dino Don?

Dino Don, Inc. is a world leader in developing and traveling blockbuster nature exhibitions, as well as selling robots to cultural institutions and attractions across the world.

Dinosaurs may be extinct today, but Dino Don, Inc. is bringing them back to life using animatronic technology. Dino Don manufactures the largest and most lifelike robotic dinosaurs in the world. Dino Don’s designs are marketed all around the world to zoos, museums, and amusement parks.

Dino Don is named after Don Lessem, the company’s founder. Lessem is a scientist, natural historian, and author of over 40 children’s books and movies on dinosaurs.
He was a science advisor for Steven Spielberg’s first Jurassic Park film, as well as Universal and Disney theme parks.

More Information About Dino Don:

Company Name Dino Don
Founder Don Lessem And Valerie Jones
Business dinosaurs like reality
Asked For $500,000 For 10% Equity
Final Deal $500,000 For 25% Equity
Shark Mark Cuban
Episode (Shark Tank India) Season 12 Episode 25
Business Status In Business
Net Worth 2022 $4 Million *Approx

 

Who is the founder of Dino Don?dino don shark tank

Dino Don is named after Don Lessem, the company’s founder. Lessem was named for his lifelong passion for dinosaurs. He’s worked on dinosaur digs all across the world, consulted on the Jurassic Park movies, and taught millions about the prehistoric beasts.

The firm Dino Don rents and distributes life-sized robotic dinosaurs to zoos, museums, and aquariums all around the world. He began his business in 1993 with a dinosaur roadshow that featured multiple life-sized dinosaurs. The following phase was manufacturing. To make his first models, he headed to Zigong, China. His shop is presently on the property of his home in Medina, Pennsylvania.

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The Bronx Zoo bought his first life-size dinosaur. He paid for the attendance of 20 zoo directors in order to boost sales. When ten guests came, eight of them placed dinosaur orders. For 2020, the sales goal was $5 million. He expects $15 million in income from 40 orders in 2021.

What Happened to Dino Don at the Shark Tank pitch?

Dino and his wife are married to each other. Don Lessem and Valerie Jones think Sharks love dinosaurs when they pitch Dino Don, a robotic, life-sized dinosaur firm, in Shark Tank’s season 12 finales, episode 1222. They’re seeking a Shark to provide them with funds for impending building projects.

Don and Valerie arrived on Shark Tank in search of $500,000 in exchange for a 10% interest in their $5 million company.

Don’s narrative about how powerful he is in the dinosaur world as told by Valerie. Valerie is a fundraiser for a non-profit organization. As the dinosaurs on stage begin to roar, the Sharks are taken aback.

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In the United States, they are the main provider of robotic dinosaurs. He claims that bringing his “entourage” to zoos and museums increases traffic by 15% to 50%.
He is a gatekeeper for the exhibits. In 2019, they made $1.6 million, and in 2020, they made $1.8 million. In 2021, they forecast $3 million. Kevin thinks he’ll have to outlive the dinosaurs to make up for his losses, so he’s out.

Daymond also goes out since he doesn’t think he can add value. Lori walks out since she is having trouble seeing the company.

Mark is enamored with the concept and contributes $500,000 in exchange for a 25% stake in the firm. That’s a better deal than Robert’s, so he’ll pass. Although Don believes the offer is too good to be true, they accept and leave the pitch with an agreement.

After Shark Tank, What Happened to Dino Don?

As of July 2021, the contract with Mark hasn’t been concluded; nevertheless, it’s only been two months since the episode aired. Annual income is $1 million as of October 2021.
In October 2021, the sale was eventually consummated, and the firm was advertised on Mark’s website. In January 2022, revenue for 2021 was revealed: $4 million.
The company plans to debut its roaming dinosaur roadshow in February 2022 in an undisclosed location in Florida. The event will include 50 dinosaurs of various sizes and is projected to generate $10 million in revenue. Don also shot The Dinosaur Factory, a documentary series set to premiere in the fall of 2022.

Dino Don’s Competitors:

The nearest competition is Dinosaur World. “Expedition: Dinosaur” is their current display. There are animatronics, life-sized replicas, and a living dinosaur on display.
They have offices in Orlando, Florida, as well as New York and Virginia. The firm was established in 1985 and is now one of the world’s largest attractions of its sort.

Dino Don’s Net Worth:

During the pitch, the firm was valued at $5 million; following Mark Cuban’s investment, the company was valued at $2 million. The corporation has a net value of $4 million as of January 2022.

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