Shark Tank- REINVEINTING THE PACIFIER -Tranquilo



Shark Tanks Doddle Co cofounder was told her company sucks

  • Nicki Radzely, the cofounder of Doddle &Co.,appearedon""inJanuarytopitchthePopPacifier.
  • Duringtheepisode,DaymondJohntoldRadzelyhercompany"sucks"andquestionedwhyshehadvaluedherbusinessatmillion.
  • Radzelyultimatelyaccepteda0,000offerfromKevinO'Leary.
  • Lookingback,RadzelysaidshelovedthatJohninsultedherbecauseitgavehermoreairtimeandachancetoaddressotherinvestors'andviewers'concerns.

NickiRadzelydidn'tgoon"SharkTank"tomakefriends.

Sheknewshe'dbepummeledwithhardquestions—andpotentiallyinsults—abouttheproductshewaspitching,thePopPacifier.

RadzelyisthecofounderofDoddle&Co.,acompanythatmakesbabyproducts,includingpacifiersandteethers.ThePopPacifierisdesignedtostaycleanbecausethenipplepopsbackineverytimeitfalls.

WhenRadzelywentontheshowinJanuary,Doddle&Co.wasfourmonthsold,andshewasaskingfor0,000inexchangefor5%ofhercompany,meaningshehadvaluedthebusinessatmillion.

DaymondJohntooktheleadonquestioningRadzelyaboutthecost,hersales,andwhyshethoughtthecompanywasworthmillion.

WhenMarkCubanandSaraBlakely,thefounderofSpanx,proclaimedtheproducta"hit"withparents,Johnjumpedintosayit"sucks."Itwasapun,sincetheproductwasapacifier— but you would imagine that the comment would sting nonetheless.

That wasn't Radzely's reaction. "I thought it was fantastic," she told Business Insider. Radzely also got a kick out of John putting the pacifier in his mouth during the episode.

"I think he was giving me a wink through his comments and actions to get us on air and to give some rise to our brand," Radzely said.

"He asked hard questions," she said, "which helped me prove to the other investors that were sitting there that I could answer them and that there were no major flaws or gaps in our story."

She added: "The questions that people were probably thinking, sitting at home watching, he asked. So it gave me a moment to clear that air."

Radzely received multiple offers, including a joint offer from Blakely and Lori Greiner. Ultimately, Radzely accepted Kevin O'Leary's offer: 0,000 for 10% of the company.

Today, Doddle & Co. has reached nearly million in sales.

Radzely said she "loved everything" that John "said and did."

"It only helped us," she said.






Video: Pearachute - Children's Classes & Activities App - Shark Tank After Show

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Date: 14.12.2018, 19:52 / Views: 32382