Fur Oil Shark Tank Tale

Shark Tank Pitch Recap

In Season 11 Episode 13 Laura Schubert and Lillian Tung appeared on Shark Tank seeking $500,000 for 2.5% of their pubic hair oil, fur Oil.

Here’s a quick recap before we dive into the fur Oil Shark Tank update.

• : It’s not a fit for him but has no doubt in his mind that it’s going to be insanely successful.
  Out
• :
  Offer: $500K for 15%
• : Really impressed by their “obscenely wonderful margins.”
  Offer: $500K for $1 per bottle per SKU until $1 Million is paid + 2.5% equity
• :
  Offer: $500K for 12% + 50K of profit to body positivity charity.
• : Likes it but she would need a lot more equity.
  Out
• :
  Counter Offer: $500K for 5%
• :
  Counter Offer: $500K for 10%
• : Gave her best offer.
  Counter Offer: $750K as a line of credit at 3% interest + $30 per chair until $1 Million + 5% equity
• : His gut is telling him they might not be good partners.
  Out
• : Gives one last counter offer.
  Counter Offer: $500K for 8% + 50K of profit to body positivity charity.