Nothing matters more to an investor than a proven product and an opportunity to make money with it alongside a savvy entrepreneur, but Tree T-PEE founder Johnny Georges proved that making an emotional connection with an investor can, on the rare occasion, overcome a lack of business acumen.
Georges told the story of how he developed a business from his late father's invention, a semi-conical device that farmers can use to conserve water around trees. A 2009 University of Florida independent study found that trees with T-PEEs use "93% less water, fertilizer, electricity, and fuel," which excited the Sharks. But they were then disappointed by Georges' lack of a drive to make the devices more profitable and to attack the market.
He then gave an impassioned defense of why he believes so strongly in helping his fellow farmers and carrying on his father's legacy, and the investors started to get emotional. Guest Shark John Paul DeJoria invested $150,000 for 20% equity.
O'Leary told Business Insider that Georges' tribute to his father and mission "was a particularly powerful moment in 'Shark Tank,' and no one's going to forget it. Every Shark had a tear in their eye, including me."