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Her best investment is sponge company Scrub Daddy. Greiner invested $200,000 in Scrub Daddy in exchange for a 25 percent stake in the business. Scrub Daddy’s sales soared to more than $50 ...
How much did Lori make on Scrub Daddy? Scrub Daddy Shark that bit: Lori Greiner ($200,000 for 20-percent equity). Sales: Scrub Daddy has moved 10 million units for total sales of more than $50 million since the pitch. Before Shark Tank, the company had $100,000 in sales.Feb 28, 2020. Who is the richest on Shark Tank? Mark Cuban
How much money did Lori make on Scrub Daddy? In 2012, Scrub Daddy appeared on Shark Tank and locked in a $200,000 deal from investor Lori Greiner. Today, the company is regarded as the most successful to have ever appeared on the show, with revenues over $US30 million ($41 million) and more than $US107 million in sales.
Aaron accepted an offer from Shark Tank business mogul Lori Greiner, who put down US$200,000 for 20 per cent equity in Scrub Daddy. “When the episode aired in October 2012, the business exploded and it hasn’t slowed down since.” Today, Scrub Daddy is nipping at the heels of its competitors as the third-largest sponge company in the US.
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