2023 Readerest Shark Tank Update| Readerest after Shark Tank Yes, Rick Hopper made a deal with Lori Greiner for $150,000 in exchange for 65% ownership. This offer caused Mark Cuban to withdraw from the deal. Over $100,000 worth was sold in the first 5 minutes . Readerest reading glasses are loaded with technology to provide the ultimate protection and comfort for your eyes. What Kevin OLeary Lori Greiner made a deal with Hopper and promised to make him a millionaire. Now that's one heck of a return on investment! She proposed $150,000 for 65%, and Hopper accepted after taking his time to consider it. Rick Hopper. The product later became available in Ace Hardware, Walmart, and Bed Bath & Beyond. Mother-daughter team Kim "Daisy" Nelson and Geraldine Adams brought their deal to the tank in 2011. She's also been able to diversify her portfolio of clients from big-box stores to specializing in corporate gifting with Fortune 500 companies across the country. ReadeREST Shark Tank deal with Lori Greiner review - Kirk Taylor The companys business model is direct selling as they sell their products directly to consumers through their website. Given the massive market size of over 126 million eyeglass wearers in the United States, they eventually earned $13 million in sales three years after the initial air date. After his window business failed in the late 2000s, Rick developed Readerest as his second attempt to commercialize his creativity. Lori Greiner made an offer of $150K for 65% of the company, which Hopper accepted. Initially known as Eyeglass Holders, Rick Hoppers Readerest eyeglass holder has many competitors. Rick came up with the idea after throwing away countless pairs of his own glasses due to small accidents. Saving arguments about the valuation for later, the sharks asked if he had a patent, followed by some brief confusion. Nevertheless, Lori Greiner wasnt afraid to make an offer. Amazingly, when it was all said and done, Tseng walked away without a deal. While she may not be the wealthiest-she's in the middle of the Shark Tank pack-she snags the best deals of this successful show.
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