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Entrepreneur Stephen Hersh is CEO of Biaggi foldable luggage. In 2012, Stephen's father co-founded Biaggi - the world's first 4-wheeled luggage to fold for easy storage. In 2012 Biaggi won Premier Traveler magazine's Innovation Award, but the company struggled to educate the consumer on the new product and in early 2014 Biaggi closed. In December 2014 Stephen Hersh went on ABC's Shark Tank seeking an investment of $500,000 to save Biaggi. It was the first luggage company to ever appear on Shark Tank and Stephen successfully made a deal with Lori Greiner. Biaggi has since sold thousands of the Biaggi ZipSak on QVC. Stephen lives on Long Island, New York. He is a single Dad to children Abie and Leah who appeared in the home feature segment of Shark Tank.