Entrepreneurs Bob Legg and Keith Lindsey pitched their outdoor bathroom device during
If you’re short on time, here’s a quick overview of what happened to Krapp Strapp after
Bob Legg and Keith Lindsey appeared on
|Lori Greiner & Daymond John||Accepted deal for $65,000 for 33.3% equity|
|Kevin O’Leary||No offer|
|Mark Cuban||No offer|
|Robert Herjavec||No offer|
Shark Tank Krapp Strapp Update
- Entrepreneurs: Bob Legg and Keith Lindsey
- Business: Tool that helps with going to the bathroom outdoors
- Ask: $65,000 for 10% equity
- Result: $65,000 for 33.3% equity
- Sharks: Lori Greiner and Daymond John
Founders of Airboss Outdoors, Bob Legg, and Keith Lindsey, create solutions to age-old problems that outdoorsmen have been facing for years. Especially when it comes to going #2, which is how they came to invent the Krapp Strapp.
Transform your 'business' into leisure with the Krapp Strapp, the pinnacle of outdoor bathroom solutions. Its unrivaled comfort and convenience are truly a game-changer.
This device allows anybody the opportunity to be comfortable, while ‘doing the do’ outdoors. The sharks are especially entertained when they lay their eyes on the device, which Bob and Keith have hooked to a tree in their presentation.
You simply attach the Krapp Strapp to your waist, then attach it to a strong tree or structure. Then, you just lean back and go.
The Krapp Strapp holds up to 400 pounds. Plus, it also has two pockets which can store toilet paper or other needed essentials.
Mark Cuban is invited up to try it out, and he says it’s actually pretty comfortable. Lori Greiner wants to know more about Bob, especially with all the laughs he’s bringing the sharks during the presentation.
Bob says he’s 81 years old, and this isn’t their first invention. He first invented Motion Decoys, which are used for hunting, but he eventually sold that company.
We’ve partnered with six companies to put together a Shark Tank Stocking Stuffer Box that’s worth $100! Here’s everything that’s in the box:
- Sheets Laundry Club Travel Packs x2
- Honey Bee Bars - 12 Pack
- Snactiv Finger Chopsticks
- FryAway Cooking Oil Solidifier
- Pizza Pack
- Nature’s Wild Berry Sampler Pack
Then, he got together with his old friend Keith, and they started Airboss Outdoors.
Kevin O’Leary wants to get down to business and talk sales. Keith says that the Krapp Strapp went on the market in October of the year prior to filming. Since then, they’ve sold 4,000 units, at $49.95 each. Further, each unit costs just $17 to manufacture.
Additionally, every unit sold was through their e-commerce website. Even better is the fact that they didn’t spend a dime advertising the product.
Basically, Keith made just one social media post about the product. Within a few days later, it had over 1 million views.
Daymond John wants to know what they need the money for. Keith says they don’t know how to further grow the business, especially as far as marketing is concerned.
With a shark and their established resources, they feel that they can do their product the due diligence it deserves.
Robert Herjavec loves that Keith and Joe are inventing helpful products. However, the Krapp Strapp just isn’t for him, so he’s out.
Kevin says he can relate to needing the product, as he had to go #2 outdoors as a boy at camp. Because of this though, he will never again sleep anywhere that doesn’t come with a mint on his pillow, so he is also out.
Despite two sharks dropping out, Daymond, being outdoorsy himself, is interested. Because Lori is already in a similar space, with her previous
When Lori agrees to go in with Daymond, Mark drops out. He says that he would have been happy to work with Joe and Keith, however, Daymond is the true outdoorsman of the sharks.
Just then, Lori and Daymond offered $65,000 for 35% equity, stating that they’d like to be more equal partners with Joe and Keith. Joe counters them with 25% equity, but Lori counters back to 33.3%.
Keith and Joe accept the deal and leave with two sharks on their side. What happens following
Keep reading our Krapp Strapp update to find out!
In terms of a Krapp Strapp update, the company is still in business and received a big boost in sales after airing on
The Krapp Strapp is now available on Amazon, and also on the Airboss Outdoors website.
It’s available in pink or green, and the website also offers other products which include hunting decoys, and more.
After the dust settles a bit, we will be back for another Krapp Strapp update!
In the meantime, check out our other company updates from Season 15 Episode 6:
For even more on companies and products, be sure to stop by our Season 15 Products Page!
Jennifer is an avid Shark Tank fan that has been watching the show for years. She serves as Senior Editor at Shark Tank Recap and ensures that all our information is accurate and that our posts are up to date. Her favorite Shark Tank products are Le-Glue and Ring!