Disclosure: Our articles contain affiliate links, meaning that we make a small commission if you make a purchase through the link. Proving once again that unfulfilled purchase orders is the way to a shark's heart, Kevin Harrington and Robert Herjavec team up and grab half the business for just $500,000, effectively taking a bite of $2,333,333 off its, admittedly, high valuation. Susan Knapp, the founder of A Perfect Pear, appeared on Shark Tank seeking $500,000 in exchange for a 15% stake in her company, which was valued at $3.3 million. Kevin OLeary decided to make an offer of $500,000 dollars in exchange for a whopping 70% equity in Susans company. Find the adventure in this category. Kevin OLeary expresses shock at the numbers Knapp lists, and asks But, do you have sales? Knapp responds that theyve had over $700,000 in sales. Get Sh*t Done: 10 Best Productivity Hacks, How To Make 100 Dollars A Day: 15+ Best Ideas, YouTube Equipment For Beginners: Start Your YouTube Journey. A Perfect Pear was already in more than 600 stores at the time of appearing on, Sticky Note Holder Update | Shark Tank Season 1, Muff Waders Update | Shark Tank Season 12, The Woobles Update | Shark Tank Season 14, The Green Garmento Dry Cleaning Bag Update | Season 4, Grinds Chewing Tobacco Alternative Update | Season 4, My Cold Snap Drink Cooler Update | Season 4. The show first aired back in 2009. The Sharks then addressed her valuation of over $3,000,000 and Susan tried to back it upwith her own investment ofover $800,000 in the company. Robert did not end up closing his end of the deal for undisclosed reasons. OLeary is impressed. What Happened to A Perfect Pear at Shark Tank pitch? Shark Tank Net Worth He is of Russian descent, and his first business was Micro Solutions. WebThe entrepreneur that started A Perfect Pear invested $800,000 into the business but, thus far in its lifetime, it has only made $750,000 in sales. ET. The goods were always accessible in a range of retail outlets as well as on her direct-sales website. Cuban graduated from the Kelly School of Business in Indiana with a degree in management. His current net worth is estimated to be at $4.1 billion. The company went out of business in February 2010; hence the net value is unavailable. More Info. The products were available in various retail locations and through her direct-sales website.

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