Five Minute Furniture was invented by Jared Joyce and was pitched to Shark Tank, then later to EdisonNation and Quirky. The furniture is designed to be assembled quickly and painlessly with no tools required. While it sounded like a winner, the sharks didn’t bite and Jared has not been able to move forward with the line of furniture after the show. He has approached many furniture manufacturers who all believe the high costs of production outweigh the product’s ease of assembly.