Shark Tank: sockTABs Fails To provoke Sharks in the beginning, but in a roundabout way positive factors Deal from Daymond John for $50,000

via Erica Abbott November 20, 2015

November 20, 2015

socktabs.com

socktabs.com

ultimate into the tank is sockTABs searching for $ 50,000 for 20 % fairness.

offering their product as a sock puppet “love story,” they tell the story of losing socks to the Sock Monster a.okay.a. the washer.

The product is a tab that is placed on one sock while sporting and earlier than placing them into the hamper, attaches to the other sock. They ave offered over $ 20,000 in about six months.

now not simplest do they retain socks from getting lost, but can be used as a fashion accent with fun designs akin to basketballs.

Lori Greiner says there are just means too many other players available in the market and goes out. Robert Herjavec sees the ability and merit in Tracy, one of the crucial entrepreneurs, and goes out.

Daymond John makes cash by “losing socks” so he goes out too. Mark Cuban likes the entrepreneurs themselves but doesn’t need to be concerned in the sock businesses. He goes out.

Kevin O’Leary doesn’t like that Tracy and her husband aren’t full time, however she says she is keen to do whatever it takes. alternatively, he goes out.

John quickly jumps again in with $ 50,000 for 30 p.c, contingent on Bambas getting on board, they usually accept.

closing deal: Daymond John for $ 50,000 for 30 percent.

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