Daymond John, founder, president and CEO of the fashion brand FUBU and an investor on the ABC reality series “Shark Tank,” stopped by The PPAI Expo on Wednesday afternoon to help exhibitor Dynamic Solutions Group, Inc. (UPIC: 2promote) introduce its new product, Magic Cook.
Late last year company president Sharon Yu appeared on the show and pitched the panel of five sharks on her product and its prospects for growth. With a good business plan, and sound financials and sales data, Yu impressed the sharks and won a deal with John.
Since then, John has put his time behind promoting Magic Cook, an invention that cooks food without fire, electricity or gas. “We don’t invest in companies, we invest in people, and Sharon was very skilled in her presentation. I found her very valuable as an entrepreneur―and then, I like the product. When you become a partner on “Shark Tank” it’s the real deal. We become a family.”
Asked what he thought of his first Expo experience, he said, “The reaction has been great—we’ve had a lot of inquiries.”