Mindset। Business। Money on Instagram: "In February 2021, Rumpl, the outdoor blanket company, appeared on Shark Tank, seeking an investment of $600,000 for 4% equity, valuing the company at $15 million. At the time of their pitch, Rumpl had generated over $8 million in lifetime sales, with $3 million in annual revenue and steady year-over-year growth. The founders highlighted their innovative use of recycled materials, with 60% of their product lineup being made from post-consumer waste. Despite
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Mindset। Business। Money on Instagram: "In February 2021, Ru…
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Powerfull Mindset on Instagram: "He completely surprised the sharks 🤯 Gen Z founder Kobe Harris, owner of Kobe Co, pitched his lip balm brand on Shark Tank, where Kevin O’Leary offered $300,000 for 20% of the company. The catch? Kevin wanted the entire amount to be used solely for marketing, as he didn’t see other areas worth investing in. That’s when Kobe gave an unexpected yet powerful response. He rejected Kevin’s offer, explaining that if the money was only for marketing, he could simply ta
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Powerfull Mindset on Instagram: "He completely surprised the sharks 🤯 …
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👉 Follow @motion_foe_business for more insights. In February 2021, Rumpl, the outdoor blanket brand, entered Shark Tank with high hopes, seeking a $600,000 investment for 4% equity—placing the company’s valuation at a bold $15 million. With $8 million in lifetime sales and $3 million in annual revenue, Rumpl had built a strong reputation, showing steady year-over-year growth. The founders highlighted their commitment to sustainability, revealing that 60% of their product lineup was made from po
👉 Follow @motion_foe_business for more insights. In February 2021, R…
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