breaking news

Watch live: Austin police address de-escalation policy

South Florida mother scores 'Shark Tank' deal


Sarah Blain, the single mother entrepreneur who owns the South Florida-based business Sealed By Santa, appeared on Friday night’s “Shark Tank” to try get a $150,000 investment for 20 percent of her company. After a video visit from Santa Claus, three offers and some tears, she left with a deal from infomercial queen Lori Greiner.

>> Read more trending stories

Blain, whose company in Boca Raton offers customized letters from the North Pole complete with an authentic postmark, as well as reindeer food and a certificate that the receiving kid made the Nice List, got an initial offer from Kevin “Mr. Wonderful” O’Leary. But it was for a third of the company, which she explained was too much equity. She then started to cry, elaborating that she was now a single mother who needed to keep it around the 20 percent in an order to protect her business for her and her two daughters. She also explained that the day “Shark Tank” called was the day that her husband left, making it both the worst and best days.

She wound up accepting Lori’s offer of $150,000, consisting of a loan of $75,000, for 22.5 percent of the company, after being intrigued by the idea of adding a Tooth Fairy letter option.

Read more on Sarah here.


Reader Comments ...


Next Up in Austin360

Marilyn Manson band member arrested in San Antonio
Marilyn Manson band member arrested in San Antonio

A member of Marilyn Manson’s band was arrested early Monday before a concert in San Antonio.  Bexar County jail records show Daniel Fox was arrested at 12:15 a.m. and charged with possession of marijuana, a Class B misdemeanor. Fox’s bond was set at $800, records show. According to KSAT, Fox is the keyboard player for Manson&rsquo...
SAG Awards: Aziz Ansari is a no-show; ‘Three Billboards’ wins big
SAG Awards: Aziz Ansari is a no-show; ‘Three Billboards’ wins big

For the third time in two weeks, a group of movie and television stars gathered for an award show Sunday night — and quite a few of the same celebrities won again. At the SAG Awards, voted on by members of the Screen Actors Guild, “Three Billboards Outside Ebbing, Missouri” was the big winner. The darkly comedic — and controversial...
‘Jumanji’ rolls along as newcomers beat expectations
‘Jumanji’ rolls along as newcomers beat expectations

Demonstrating the continued drawing power of Dwayne Johnson and Kevin Hart, “Jumanji: Welcome to the Jungle” fended off a pair of male-skewing, action-oriented newcomers — “12 Strong” and “Den of Thieves” — to top the box office for a third straight week. On a relatively quiet weekend in what is generally...
UPDATE: Texas brewers group forms a PAC to fix state’s ‘broken beer laws’
UPDATE: Texas brewers group forms a PAC to fix state’s ‘broken beer laws’

UPDATE: The Beer Alliance of Texas has a statement in response to CraftPAC’s launch. “Our members continue to support the long established, very workable three tier regulatory system in Texas. We will continue to dialogue with all beverage stakeholders, as we always have, including the craft brewers, as lawmakers update and refresh public...
KVUE debuts new set
KVUE debuts new set

KVUE took the wraps off its new set Sunday night. The set, from Jack Morton Worldwide, replaces one that first debuted in 2001 and underwent a refresh in 2008. Jack Morton Worldwide has designed similar sets for a number of KVUE’s sister stations across the country. “We’re so thankful that our parent company Tegna believes deeply...
More Stories