Shark on Shark Tank swims into Bean Bags

Byron Young walked into Shark Tank with his product, CordaRoys. They are corduroy bean bag chairs that convert into beds. The business has been operating for almost 11 years and annual sales are $1.4 million. Byron asked for a $200,000 investment for 20% equity in his company. Byron claims sitting in one of his CordaRoy bean bag chairs is “like sitting on a cloud.” The exterior covers are double stitched for strength and long life. The inside foam is top quality [...]