Lauren Padawer has discovered the healing powers of Alaskan mud, and she wants to bring it to the rest of the world. Will she turn mud into money on
Shark Tank Alaska Glacial Mud Co. Update
- Entrepreneurs: Lauren Padawer
- Business: Alaskan mud masks
- Ask: $100,000 in exchange for 20%
- Result: No deal
- Sharks: None
Lauren brought her Alaskan mud products to the tank. She shared her inspiration for her Alaskan Glacial Mud Co. began during a river rafting trip through the Copper River, One day, after stepping into the Copper River, famed for its salmon. When her bare feet sunk into the velvety river bottom mud, she couldn’t resist applying some of the mud to her face. When she rinsed it off, her skin was glowing and felt detoxified and soft.
Lauren thought the mud could be her goldmine, so she invested $50,000 of her savings and began harvesting, refining and packaging the mud. Lauren’s small jars of mud cost her $3 to make, and retailed for $34 each. She sold it wholesale to spas around the world, with sales at the time of filming at $36,0000 per year.
One by one, all the sharks were quickly out. Lori Greiner was the first, saying the spa supply business was too hard to break into. Mark Cuban said the company had a long way to go before he would find it investable. Robert Herjavec felt the same.
Barbara Corcoran advised Lauren to figure out whether she wanted to market to spas or retail to help grow her business. Kevin O’Leary told Lauren her profits were too low to call what she had a business. Lauren left without a deal. What happened next for her company? Keep reading our Alaska Glacial Mud Co. update to find out!
We have great news to share in our Alaska Glacial Mud Company update! Since appearing on
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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!