Piper Wai
natural deodorant without chemicals
Pitch Details
Season / Episode
S7E11
Dec 11, 2015
Ask
$50,000
for 10%
Ask Valuation
$500,000
Deal
$50,000
for 25%
Watch the Pitch
Deal Terms
Amount$50,000
Equity25%
Valuation$200,000
Barbara CorcoranWhat Happened Next
Deal Fell Through
Deal fell apart as company experienced explosive growth; original terms became unfavorable; both parties parted amicably after a year of negotiations
Operating
$3M
reported
- Hit $1 million in sales in just ten days following original air date; third fastest Shark Tank business to reach $1 million in sales
- $1.3 million in total early sales; company doing $1-2 million per year with 6 employees as of April 2022
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