Mark Aramli’s dive into ABC’s hit business reality show Shark Tank was an entrepreneur’s worst nightmare. The former NASA engineer spent a year and a half and his entire net worth plus some in developing the BedJet, a smartphone-controlled, cooling and heating device for beds. He pitched his product in a February 2015 episode, seeking $250,000 in exchange for 10% of his Newport, R.I. company. Sales kicked off sales two days after his segment aired but the product was still in the prototype phase when he taped the segment.

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