Pitch Details
Season / Episode
S15E19
Apr 5, 2024
Ask
$200,000
for 5%
Ask Valuation
$4M
Deal
$200,000
for 10%
Deal Terms
Amount$200,000
Equity10%
Valuation$2M
Lori GreinerWhat Happened Next
Thriving
$2M
reported
- Deal closed with Lori Greiner for $200,000 for 7.5% equity — closed by May 2024
- Lifetime sales through 2023: $6.1 million; 2022 sales $1.75 million, 2023 sales $1.8 million with $378,000 profit
- Sales surged the week following initial air date; expanded to over 1,000 stores
- Added snorkels, towels, and bags to product line; Lori pursuing big box retail placement
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