‘Shark Tank’ Hopeful Has MBA Grad as CFO
A Graduate School of Management alumnus developed the business plan for a company that is diving—or, rather, cycling—into ABC Television’s “Shark Tank” at 9 p.m. this Friday night (March 7), looking for investors.
Adam Pettler MBA 11 serves as the chief financial officer of Revolights Inc., maker of wheel-mounted bike light systems.
President and Chief Executive Officer Kent Frankovich, whose idea launched the company in 2011, is the only Revolights representative who appears on camera, but he mentions Pettler, who developed the company’s business plan in an independent study course supervised by Marc Lowe, an adjunct professor at the School.
Pettler said his MBA education provided him the tools and the network to help Revolights through the entire process of building a company. “The [Graduate School of Management community] has been there to answer questions as we’ve had them,” he said.
Other UC Davis graduates have successfully navigated the “Shark Tank” waters. Chris Johnson 02 appeared on the show last October, negotiating a $300,000 investment for his Rapid Ramen Cooker. In May 2011, Jason Lucash 06 of OrigAudio received a $150,000 investment after pitching the company’s Rock-It, a device that turns anything into a speaker.