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No one wanted to invest in Jax Sheets when it was presented on Shark Tank. How is the business doing now in 2023? Is it making a profit?

Better Bedder allows buyers to make their beds in just seconds. These sheets tuck into the side of mattresses rather than under.

“Well, let’s fix that right now. After years of research, development, and testing, we’ve created the perfect bed sheets for hot sleepers. Jax Sheets might not be the ideal bed sheets for everyone (we’re talking to you, flannel sheet lovers), but it is undoubtedly the best for hot sleepers, and it has some groundbreaking features and benefits.” The sheets come in many sizes including Twin, Twin XL, Full, Queen, King and Cali King. They’re made out of luxe fabric and come in grey, white, navy blue and burgundy. Each set includes 2 pillow cases, a fitted sheet and a flat sheet.

Why didn't Wen Muenyi get the deal? Asking for $212,000 investment for a 10 per cent stake, Wen walked onto the stage. When Sharks asked him about his profit, he said it takes him $33 to make the sheet and it is priced at $148 — giving him a profit margin of $70. Sharks were not too happy about him selling T-shirts and asked why did he want the exact ‘212’ number.  Wen's answer was “Because I wanted to say the number without stuttering.” Moreover, when they asked if he could actually get $2 million in sales, he said, “I mean it Might not be true,” and made all Sharks guffaw wit...

Copy to Clipboard Nic Lamb on ‘Shark Tank’ (ABC) Are you a sports buff? Here's a new cooler technology in a beanie to relieve chronic stress headaches, especially after high energy sports games. An entrepreneur from Santa Cruz, California, has the Sharks chilling as they try on his line of cool headwear designed to eliminate tension headaches. The seeds were first sown in Nic Lamb's head after he went through months of pain and concussion following a surfing accident. He used ice-packs all day long and then thought there had to be a better way. Going back to the secrets of cryothera...