{"id":119688,"date":"2025-09-05T01:56:12","date_gmt":"2025-09-05T01:56:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/119688\/"},"modified":"2025-09-05T01:56:12","modified_gmt":"2025-09-05T01:56:12","slug":"pete-davidson-makes-surprise-appearance-on-shark-tank-to-plead-for-investment-despite-4-million-net-worth","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/119688\/","title":{"rendered":"Pete Davidson makes surprise appearance on Shark Tank to plead for investment despite $4 million net worth"},"content":{"rendered":"

Pete Davidson<\/a> leaves the ‘sharks’ gobsmacked as he asks for an eye-watering $500,000 investment for his sock venture in the new season of Shark Tank – despite having a reported net worth of $4million.\u00a0<\/p>\n

The Saturday Night Live<\/a> comedian, 31, makes a surprise appearance in the show’s upcoming season 17 premiere alongside DoubleSoul founder, Ben Rosenbaum.<\/p>\n

In a sneak preview, sharks Robert Herjavec, Lori Greiner and Kevin O’Leary and guest stars Kendra Scott and Rashaun Williams are flabbergasted as they see Pete walk into the tank.\u00a0<\/p>\n

Pete’s friend and entrepreneur is the first to introduce himself.\u00a0<\/p>\n

‘Hey, sharks. I’m Ben from New York,’ he says, per People<\/a>.<\/p>\n

Taking the floor, father-to-be Pete<\/a>, who serves as the brand’s creative director, adds, ‘Hi, I’m Pete, and we are seeking $500,000 for four per cent for our company, DoubleSoul.’<\/p>\n

Going on to explain the brand, he adds: ‘You know, you usually get socks in Foot Locker,’ Pete continues. ‘There’s that big bin. You get a 20 pack. They’re kind of lifeless.’<\/p>\n

Ben stresses that the product isn’t an athletic sock or a novelty sock.<\/p>\n

\"Pete <\/p>\n

Pete Davidson makes a surprise appearance in the season 17 premiere of Shark Tank\u00a0<\/p>\n

\"The <\/p>\n

The comedian, 31, enters the tank in a bid to seek investment for his sock business, DoubleSoul<\/p>\n

‘We took the best of both worlds and created the perfect everyday sock,’ he explains.<\/p>\n

In another attempt to reel in the sharks, Pete says: ‘I get sent a lot of crap, and I usually give it to my cousins.<\/p>\n

‘I got sent DoubleSoul [socks] a couple years ago, and I had to meet the team, and I wanted to be involved immediately.’<\/p>\n

‘Alright, sharks, we picked out some great pairs for you guys to try,’ Ben adds. ‘Excited to see what you guys think.’<\/p>\n

Shark Tank fans will have to wait until the season premieres on September 24 to find out if the business partners were able to secure investment.<\/p>\n

Doublesoul proudly describe their products as ‘creative, expressive basics that feel incredible, look great, and are easy on the planet’.<\/p>\n

It stocks a range of different styles of socks, from Pilates grip socks to ultrahigh socks.<\/p>\n

Pete was appointed creative director of Doublesoul in December.<\/p>\n

\"DoubleSoul <\/p>\n

DoubleSoul pride themselves on stocking ‘creative, expressive basics that feel incredible, look great, and are easy on the planet’\u00a0<\/p>\n

\"Kevin <\/p>\n

Kevin O’Leary is among the sharks invited to take a close look at Pete’s socks\u00a0<\/p>\n

\"Expectant <\/p>\n

Expectant dad Pete, pictured here wearing DoubleSoul socks, asked the sharks for $500,000<\/p>\n

Speaking about his role at the time, he told W Magazine: ‘Everyone needs socks.<\/p>\n

‘Socks are an afterthought: You get a 20-pack at Foot Locker, or you’re going to the gas station and buying Barbie socks, or socks with burgers on them.’<\/p>\n

‘They’re comfy and sexy, and the name is cool,’ he added.\u00a0<\/p>\n

‘A lot of people come to me with [partnership requests], and I’m like, this seems interesting, but I don’t really know how to do it.’<\/p>\n","protected":false},"excerpt":{"rendered":"Pete Davidson leaves the ‘sharks’ gobsmacked as he asks for an eye-watering $500,000 investment for his sock venture…\n","protected":false},"author":2,"featured_media":119689,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[64,63,447,100,134,7179,1025,20467,33892],"class_list":["post-119688","post","type-post","status-publish","format-standard","has-post-thumbnail","category-celebrities","tag-au","tag-australia","tag-celebrities","tag-dailymail","tag-entertainment","tag-femail","tag-new-york","tag-pete-davidson","tag-saturday-night-live"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/119688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=119688"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/119688\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/119689"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=119688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=119688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=119688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}