SplashZen owners faced a dispute with Barbara Corcoran, preventing a lucrative contract for their business on ABC's 'Shark Tank' Season 15, Episode 14.
Source: MEAWW
Lori Greiner Refusal to Deal: It was hoped that the proprietors of SplashZen would obtain a lucrative agreement that would allow their business to grow on ABC’s ‘Shark Tank’ Season 15, Episode 14. A tumultuous dispute between Lori Greiner and Barbara Corcoran prevented a two-shark contract from being secured.
Rodney and Tanya Rasmussen requested $100,000 in exchange for 10% equity upon joining the Sharks’ Tank. They discussed their enterprise with the Sharks.Robert Herjavec stated that he does not wish to invest in this company because it is not his calling. Mark Cuban declared that this environment did not suit him, and as a result, he declined to offer a contract.
Kevin O’Leary, in his capacity as an individual who holds the view that this product would not sell at retail, has consequently declined the offer.
Conversely, Lori promptly presented a proposition of $100,000 in return for twenty percent. Clearly attempting to “undercut” Lori, Barbara presented two offers: $100,000 for a 15% interest rate and $100,000 for the line of credit.
Lori promptly declined the founders’ suggestion that the two Sharks submit a joint offer. She made jabs at Barbara, her co-shark, insinuating that the two of them could settle for something “simple and inexpensive,” but she preferred to make the offer alone.
Immediately, Lori revised her offer to $100,000 in exchange for 17.5% and a $100,000 line of credit. In addition, Barbara increased her offer to $100,000 in exchange for a 14% equity stake and a $100,000 line of credit. In the end, the founders agreed to Barbara’s proposition.
The proprietors shifted their focus to marketing via social media platforms such as Instagram as the company expanded. Each item for dogs and infants sold by SplashZen costs $99, except the bath toy organizer, which costs $19.
On its website, however, you may be eligible for discounts on special occasions such as Father’s Day. At this time, SplashZen products are available exclusively via Amazon and the company’s website.
Tanya obtained a Teaching Certificate from Brigham Young University—Hawaii and a degree from the University of Utah College of Health before commencing her teaching career at American Preparatory Academy Charter School, where she specialized in health and physical education from 2011 to 2014. In August 2014, in pursuit of her fervor, she established Evolve Fitness Utah, which she managed until August 2021.
At present, she holds the position of Associate Inflight Engagement Coordinator at Alaska Airlines. Furthermore, she is a co-founder of SplashZen.
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His academic career was completed at the University of Utah after graduating from Brigham Young University. Prior to joining Kuali, Inc., Rodney was an adjunct instructor at Utah Valley University.
He and his spouse co-founded Evolve Fitness Utah in 2018. Furthermore, he assumed the position of product marketing manager at RainFocus.
He began working as a senior product marketing manager for Remote in 2021. As a result of a hiatus, the two partners teamed up again in August 2021 to found SplashZen, where Tanya became head of marketing.
Those who missed the episode will have the opportunity to watch it the following day on demand or through Hulu. In addition, previous seasons and episodes are accessible via iTunes and Amazon Prime Video.
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