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.
Episode Info
Season 11 Episode 13 |
Episode Number | |
Network | |
Air Date | February 28, 2020 |
Pitch Info
Business Pitch | all natural skin and hair care line for hair down there |
Entrepreneur/Founder | Laura Schubert and Lillian Tung |
Asked For | $500,000 for 2.5% |
Deal | $500,000 for 8% + $50,000 to a body positivity charity |
Shark | Lori Greiner |
Business Info
Business Status | In Business |
Estimated Valuation | |
Website | furyou.com/products/fur-oil | |
The show is a bunch of nonsense. If the deals don’t close then why show it? Because it’s a shill.