Business & Tech
McLean Native Walks Away Empty-Handed From 'Shark Tank'
Derek Pacque invented a ticketless coat check system and pitched the idea to investors on ABC's "Shark Tank," which aired nationwide Friday night.
McLean High Class of 2007 graduate Derek Pacque, , asked a panel of investors on ABC's "Shark Tank" for $200,000 in exchange for a 10 percent stake in his company, and he walked away with nothing.
The show aired nationwide on ABC Friday evening.
Mark Cuban, a businessman and owner of the Dallas Mavericks, told Pacque that his business plan was "horrible."
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"I’m telling you. Your business plan is horrible," Cuban said.
Nevertheless, Cuban offered Pacque $200,000 for a 33 percent stake in Coat Chex, but Pacque declined the offer.
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"I’m in dead shock that I just turned down a deal from Mark Cuban," Pacque said at the end of the segment.
For more information about Pacque's company, visit the Coat Chex website.
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