Readerest Specsecure
Readerest Specsecure - Novelties
Pitch Details
Season / Episode
S3E6
Feb 24, 2012
Ask
$150,000
for 15%
Ask Valuation
$1M
Deal
$150,000
for 65%
Deal Terms
Amount$150,000
Equity65%
Valuation$230,769
Lori GreinerWhat Happened Next
Thriving
$5M
reported
- Deal with Lori Greiner for $150K/65%
- $13M in sales over first 3 years
- $5M annual revenue as of 2024
- Sold out on QVC in 5 minutes
- Expanded to reading eyeglasses
- Made founder Rick Hopper a millionaire
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