Corcoran reveals her best and worst deals on Shark Tank. She lost money investing in Cactus Jack and the Body Jac weight loss/exercise equipment:
My worst was investing in a fast-talking cowboy selling exercise equipment who needed to lose 50 pounds. Instead, he lost my $50,000.
My best so far is Daisy Cakes, the absolutely best home-made cake you’ll ever eat! [Founder Kim Nelson] was right, and 100,000 cake eaters agree with her. It was also the first time I asked that I be paid “a dollar a cake” until my initial $50,000 investment was paid back. I got that money within three weeks, and her cakes are still selling like, well, hot cakes!