Shark Tank: controlled Chaos Curl Creme aims To help women Love Their Curls, will get investment From Lori Greiner for $60,000

by means of Erica Abbott January eight, 2016

January eight, 2016

allsharktankproducts.com

allsharktankproducts.com

next up is controlled Chaos searching for $ 50,000 for 20 p.c fairness.

a solution for unruly hair created by using hairstylists, it aims to lend a hand ladies love their natural curls and texture via using a creme that tightly holds onto their curls.

they have sold $ 300,000 value and presently strengthen simply the Curl Creme. For the earlier two years, their gross sales have fallen flat as a result of they can’t put any money into stock.

Lori Greiner questions why they don’t seem to be being distributed, which matches back to their lack of funds and now not having enough cash to place into inventory, due to this fact, lack of means to distribute the product.

With the money from the sharks, they hope to rebrand and refocus their efforts, which concerns Mark Cuban for the then lack of dollars they must invest in promoting and promotions so he goes out.

as a result of he is aware of there’s a large marketplace for products that lend a hand tame natural hair, Kevin O’Leary bargains $ 50,000 for 50 p.c equity. Then Lori Greiner offers simply $ 1,000 more at $ fifty one,000 for 50 percent. Barabara Corcoran says she doesn’t solely trust them however bargains $ 50,000 for fifty one % equity, however best a 33 p.c share in earnings.

Greiner, QVC Queen, then sweetens her deal to $ 60,000 for 50 percent, inflicting Robert Herjavec to go out for lack of a better provide. in a roundabout way, they accept Greiner’s provide.

remaining deal: Lori Greiner for $ 60,000 for 50 % equity.

Would you are trying the controlled Chaos Curl Creme?

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