Shark Tank: Mark Cuban Wipes the ground With Dude Wipes, offering $300,000

Erica Abbott

October sixteen, 2015

dudeiwantthat.com

dudeiwantthat.com

finally, Dude, a Chicago-primarily based product, enters the tank searching for $ 300,000 for 10 percent.

they’re a unique way to “maintain your small business.” as a substitute of the common rest room paper, they provide rest room wipes that you would be able to additionally use in your face, armpits and arms.

Barbara Corcoran cites the primary problem, pronouncing that the wipes are too fragile after having poked her finger through it straight away after taking it out.

they have got made $ 300,000 up to now, however challenge over a $ 1 million within the subsequent 12 months. The projection is based on their product coming into Kroger. They hope to get extra retailers with the Sharks’ cash.

Mark sees two issues: he doesn’t use wipes and thinks they underestimate how troublesome it is going to be to get into market. He goes out.

Corcoran additionally believes they need to sell to girls on the grounds that males don’t purchase bathroom paper anyway. She cannot get previous the fragility either so goes out.

Robert Herjavec deals 300,000 for 25 p.c, citing all of the possibility he must tackle. Kevin O’Leary makes the identical deal.

Lori Greiner finds their packaging just right but doesn’t like their valuation so goes out.

They counter Herjavec and O’Leary for $ 300,000 for 20 p.c but need both of them in the same deal. They counter their own provide for 25 p.c.

O’Leary counter 30 percent if they want each him and O’Leary. Herjavec counters 27.5 percent.

Mark Cuban swoops in, as he regularly does, and takes the deal from under Herjavec and O’Leary’s nostril.

final deal: Mark Cuban for $ 300,000 for 25 p.c.

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