Night Runner 270 appeared on
Night Runner 270 Update After
- Entrepreneur: Renata and Doug Storer
- Business: Saftey lights for runners and workers
- Ask: $200,000 for 10% equity
- Result: $200,000 for 15% equity and $150,000 as a loan
- Shark: Robert Herjavec
Night Runner 270 debuted on
When it appeared on
All of this was enough to interest Robert Herjavec, Kevin O’Leary, Lori Greiner, and Mark Cuban who got in a giant bidding war, making offers left and right. However, when it was all said and done, Night Runner 270 secured a deal with Robert Herjavec of $200,000 for 15% equity and $150,000 as a loan.
However, those interested in a Night Runner 270 update should know that the deal with Robert ended up falling through after the episode aired. According to an interview with Forbes from the founders, “After it [the episode] aired, we didn’t need the investment anymore and we started to think, why should we give up equity if we don’t need it. Also they offered fewer dollars for the same equity. We came to a mutual decision that the deal wasn’t in our best interest.”
Despite the deal falling through, after airing on
Further, the company now has two other products, The Night Shift and the Night Trek X, which offer more battery life and a brighter shine. As a result of the new products, the company has rebranded to Night Tech Gear to include more than just the running community.
For more Season 8 Episode 3 product updates, check out the links below:
For more on
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