Shark Tank Ideas That Never Should’ve Been Funded

Honeyfund 

Honeyfund is a website created by a married couple designed for engaged couples to raise money for their honeymoon. This way, instead of getting wedding gifts from their guests, the newlyweds could accept payment to use for a honeymoon getaway. This concept is like crowdfunding but for married couples. We live in an age where many couples live together in a consolidated household before getting married. It makes sense to provide an alternative to the typical wedding registry of stuffy household kitchen gadgets and linens, all of which the couples already own together.

Honeymoon funding allows for a memorable experience instead of just stuff.
The Sharks were iffy about Honeyfund, but in the end, the company accepted an unconventional deal from Mr. Wonderful, Kevin O’Leary. He offered them $400,000 for no shares in the company. Once he made his money back three times over, he would be out of the picture. Honeyfund is still in business, but it seems rude to force your wedding guests to give you a chunk of money instead of whatever gift they would like to provide. However, for more open-minded families, Honeyfund can be a fantastic opportunity to finance a dream vacation for couples who already live together and don’t need household items.