HairFin Hair Cutting Tool Update | Shark Tank Season 13
Cutting your own hair is difficult, especially when you try to get a uniform length all the way around. Tony Litwinowicz created the HairFin to help! This measuring tool fits right in your hand, giving you room to work with clippers to get a perfect cut. Did this nifty tool get any bites during its
Shark Tank HairFin Update
- Entrepreneur: Tony Litwinowicz
- Business: A measuring tool for perfect home haircuts
- Ask: $25,000 for 20% equity
- Result: $25,000 for 30% equity
- Shark: Daymond John
The HairFin’s neat design allows users to cut their own hair without juggling multiple tools. The easy hand-mounting made it simple. Since its launch in 2020, the product is available on Amazon exclusively. As a result, it had $41,000 in sales, which isn’t too bad for a small, niche product.
The sharks had different ideas about that, though. Robert Herjavec dropped out almost immediately. It was simply too small for him to invest. Mark Cuban and Lori Greiner followed; both stated that it wasn’t the product for them. Kevin O’Leary loved the business but didn’t see it as an investable venture.
This left Daymond John. He had previously made a deal with a similar company and could connect that company to this one. He offered $25,000 for 40% of the business. Tony counteroffered at $28,000 for 25%, but Daymond refused. His final offer was $25,000 for 30%. After a bit of indecision, Tony accepted the deal. What can Daymond do for the company? Keep reading the HairFin update to find out!
Initial research for our HairFin update didn’t show any changes. HairFin is sold on Amazon and Etsy at the time of writing. They’ve also included new sizes, ranging from 1 inch up to 5 inches instead of the three standard options that featured on
Before you go, take a look at the other company updates from Season 13 Episode 20 here:
Don’t forget to check out our other Season 13 company updates. You can find them on our Season 13 products page.