Screenshot from Meanest of Shark Tank’s YouTube Video
Johnny Georges is the creator of the Tree T Pee and he was seeking $150,000 for 20% stake of his company.
Tree T Pee is supposed to conserve water through irrigation, and it has been very effective thus far. The amount of water used per tree has apparently gone down from 25,000 gallons per year to 800 gallons per year. Mark, one of the judges wanted to know why Johnny was only charging $5 per Tree T Pee, and not $10 or $12. Johnny’s amazing response humbled them.
Check out the video below courtesy of the Meanest of Shark Tank: