ABC’s entrepreneur pitch show ‘Shark Tank’ has seen some of the greatest investments ever. The show has just completed its 13th season. The show is about inventors and entrepreneurs pitching their products to real-life investors.
These real-life investors are called sharks. The sharks evaluate the products and decide whether to back the fledgling companies with their own money. Are you curious about the top most profitable investments ever on the show? Don’t worry, we’ve got you covered.
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Top 5 Most Profitable Shark Tank Investments Ever
5) Sleep Styler
Tara Brown invented heat-free hair rollers created from memory foam. The best part is it can be used while sleeping. Lori Greiner invested $75,000 for a 25% stake in the company. This product has earned more than $100 million in sales.
4) Simply Fit Board
A mother-daughter duo Gloria Hoffman and Linda Clark invented the balance board workout tool. Greiner knows about all the fitness trends that are on the internet. She readily invested $125,000 for a 20 percent stake in the company. The business raked in $1.25 million as soon as the season seven episode aired and has earned $160 million in lifetime sales.
3) Squatty Potty
Mother and son duo Judy and Bobby Edwards’ invented a toilet footstool designed to improve posture on the loo and make going to the bathroom a more comfortable experience. Greiner saw huge potential in the shark‘s pitch and offered up US$350,000 for 10 percent of the company. Squatty Potty has taken $164 million in sales since the episode aired and even singer Doja Cat owns one.
2) Scrub Daddy
Greiner has said that Scrub Daddy’s versatile cleaning sponges, that firm up with cold water and go soft in warm, are one of the best investments she’s ever made. Aaron Krause pitched them in season four in hope of gaining US$100,000 from a shark for a 10 percent stake – but Greiner invested USD 200,000 for a 20 percent stake. Scrub Daddy has earned USD 209 million in lifetime sales and the brand now sells 48 different products in stores across 17 countries.
1) Bombas
Dave Heath and Randy Goldberg created the most comfortable socks they could after learning that they are the most requested item in homeless shelters. The brand donates one pair for every pair sold. John offered US$200,000 for a 17 percent stake in Bombas – since then the company has earned $225 million in lifetime sales after selling 42 million items.
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