When a father and also his two young daughters pitched to the investors on Shark Tank, hundreds of viewers assumed it one of the more endearing pitches.
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But this family got the deal they were in search of, and have considering that turned their humble Screenmend company right into a booming revenue generator.
How are they doing today?
Leaving the Shark Tank via a net worth of $60k, the exposure from the show has catapulted the show to success with an estimated net worth well in excess of $1 million.
Let’s take a look at the financials of Screenmend and see just how the company is faring up to 2021.
One of the Cutest Pitch in Shark Tank History
Brian Hooks let his daughters, Lily & Emma do many of the talking in the time of the 2013 episode of Shark Tank.
The then young teenage girls pitched their concept for an innovative way to resolve a ‘prevalent household problem’ using their dad’s brand-new creation, the Screenmend.
After getting a great concept exactly how the product operated, some of the Sharks asserted themselves out, and refsupplied to invest for factors such as the company being too tiny or the family being as well high maintenance as brand brand-new entrepreneurs.
However, it was Lori Greiner who saw potential in the family’s idea and also chose to invest $30,000 dollars for a 50% stake in the business.
The household embraced the offer and also have given that watched their company prosper to unbelievable heights.
What Is Screenmend And How Does It Work?
Screenmfinish is a patch for computer system and also mobile device screens that can be cut to size and supplied to mfinish displays that are cracked.
The kit comes through a big sufficient sheet of the product, and also is then cut by the user according to the dimension of the screen’s damaged location.
The patch is then applied by sticking it on and using a hair dryer to melt the adhesive right into the cracks.
This has prcooktop to be a handy repair strategy for those that don’t have the moment of money to repair their screens ideal amethod.
The State Of Screenmend Today
Before showing up on Shark Tank, the Hooks family members had carried in around $4000 in sales. After the initially 8 months after appearing on the present, they had actually currently brought in $900 000 in sales.
There’s scarce indevelopment about just how the company is doing this particular day, but by 2016, over $3 million in sales had actually been achieved.
Company type of earnings display no authorize of slowing dvery own, and today, Screenmend is still a very sought after product for those with cracked screens on their gadgets.
Amazingly, the agency does not have actually a website; rather, they usage renowned social platcreates prefer Facebook and others to promote, sell and also discuss their exceptional product.
This is yet one more example of Lori Greiner’s keen eye for potential investments, and also we can just imagine how the various other Sharks are kicking themselves this particular day for rejecting the deal.
It goes without saying that the household is doing exceptionally well financially many thanks to the success of their firm.
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Brian’s daughters have actually considering that been able to go to college, and the family members enjoys still their common entrepreneurial heart.