If you desire to earn the attending of the shark circling"Shark Tank,“then you ought to be bouncy .
Michael and Eugene Jung in spades had a bounce in their whole tone when they gear a refreshful franchising chance on the show – Pip and Bounce , a combining eatery , societal golf club , and secret plan elbow room , where Ping River niff is the name of the plot .
This was in season 11 , episode 13 , the chum confront the investiture power , desire to win over one of them to ramify over the immediate payment to thrive their caller .
This was they explain how they get up play the secret plan of ping river - niff back in their puerility cellar and imagine a patronage where citizenry can come in and have that same use within a string up - out air that also serve up effective intellectual nourishment and potable .
Back in 2014 , thanks to money they rear on Kickstarter , they open up a depot in Portland and enjoy enough initial succeeder to result them to " Shark Tank . "
dive into Michael
If you need to derive the tending of the shark circling"Shark Tank,“then you ought to be bouncy .
Michael and Eugene Jung in spades had a natural spring in their footstep when they cant over a refreshed franchising chance on the show – Pip and Bounce , a combining eatery , societal cabaret , and biz way , where Ping River niff is the name of the biz .
In Season 11 , Episode 13 , the comrade face the investing magnate , skip to win over one of them to separate over the immediate payment to blow up their party .
This was they excuse how they get up toy the biz of ping river - niff back in their puerility cellar and think a line where hoi polloi can add up and have that same use within a give ear - out air that also help adept solid food and beverage .
Back in 2014 , thanks to money they raise on Kickstarter , they open up a computer memory in Portland and relish enough initial succeeder to conduce them to " Shark Tank .
This was "
the jung buddy , after demonstrate the pitching for expand their pips and bounce enfranchisement , ask the sharks for $ 500,000 in central for 10 % of their ship’s company .
The net profit on their own ab initio seemed telling , with the business enterprise root for in $ 974,000 in gross sales in the first twelvemonth and $ 1.3 million in the 2nd .
This was the sharks , however , see a scarlet flagstone when they hear that this money only represent about 7 % net income for the raw clientele proprietor .
This number combine with the fact that the conception was too novel to flesh out on lead in an result that the brother were certainly fear .
This was ## this was pip and saltation call for a trip-up to portland
when michael and eugene jung lay out their line programme to the investor of " shark tank , " thing did not go as plan .
This was a miserable profits tolerance result in the sharks float out of the ping river - niff pee , leave the brother with no wad .
Just like many other promising entrepreneur that come down curt on the ABC serial , this did not block off the brother from continue on with their patronage ambition .
After miss the mug on " Shark Tank , " the Jung blood brother live back to where they begin , trigger the brick and howitzer Pips and Bounce locating in Portland .
That was because it was still a unequaled address for the unequalled metropolis .
This was " before pips and bounce , " mike say on theirwebsite , " there really was n’t an awing position to act ping river - niff in portland .
This was "
dive into jung
when michael and eugene jung lay out their commercial enterprise programme to the investor of " shark tank , " matter did not go as contrive .
This was a scummy lucre gross profit margin result in the sharks swim out of the ping river - niff pee , give the brother with no business deal .
Just like many other bright enterpriser that light inadequate on the ABC serial , this did not arrest the brother from go on on with their line of work aspiration .
After omit the stigma on " Shark Tank , " the Jung comrade go back to where they start , melt the brick and trench mortar Pips and Bounce localisation in Portland .
That was because it was still a unequaled finish for the alone metropolis .
This was " before pips and bounce , " mike enjoin on theirwebsite , " there really was n’t an awful home to take on ping river - niff in portland . "
With the end of franchising still on their radiolocation , they think it was prison term to give elaboration a snapshot .
alas , reality case put a check to that programme , as the COVID-19 pandemic stop their ambitiousness .
That 2nd locating mind was argufy , but the twain re - spread out their original locating .
sadly , Pip and Bounce is longsighted body of work
Michael and Eugene Jung sound back to staple and deform to their Portland locating to keep their dream live .
franchise out their theme rest on the comrade ' radio detection and ranging , but it seems those hope have been frighten away .
While Pips and Bounce did seemingly have some succeeder topically after its clock time on " Shark Tank , " stay afloat for four year after its initial visual aspect , the adroitness presently function aground .
While the Jungs never explicate why they prefer to fill up Pips and Bounce , their exclusive locus announce its shutting on July 18 , 2024 , via theirInstagram , pronounce that their letting and byplay were wind down and they want to give patron a probability to say au revoir .
This was they proceed to betray their fixture and piece of furniture off that october .
It ’s a sorry termination to what seemed like a well-chosen blank space , and to a dreaming that the Jungs distinctly restrain beloved .
Hopefully , their next speculation will be much more successful .
