Beard King

bib used while shaving to catch cut facial hairs

Beard KingDidn't CloseFashion & BeautyWalpole, MAS7E14

Pitch Details

Season / Episode

S7E14

Jan 15, 2016

Ask

$100,000

for 20%

Ask Valuation

$500,000

Deal

$100,000

for 45%

Watch the Pitch

Deal Terms

Amount$100,000
Equity45%
Valuation$222,222
Lori GreinerLori Greiner

What Happened Next

Deal Fell Through

Deal with Lori Greiner not finalized post-show; founders no longer needed the investment as business was taking off via viral marketing

Operating

$1M

estimated

  • Appeared on Season 7; deal with Lori Greiner for $100K for 20%
  • Beard bib/grooming accessory to catch trimmings
  • Strong initial sales boost from Shark Tank appearance
  • Available on Amazon where it became a best-seller in grooming
  • Expanded product line to include additional grooming accessories

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