Milk Snob Cover Update | Shark Tank Season 8
Mother and entrepreneur, Melanie Disbrow, entered
Shark Tank Milk Snob Update
- Entrepreneur: Melanie Disbrow
- Business: Multi-functional seat cover solution
- Ask: $125,000 for 5% equity
- Result: $150,000 for 10% equity
- Shark: Lori Greiner
Before we proceed with our Milk Snob update, we’ve got a quick recap of the
At the time of the pitch, Milk Snob had already done $1.2 million in sales in 18 months. Sensing that she had a winning product on her hands, Melanie was hoping to find a shark partner that could help her branch out into retail. One of the first to extend her an offer was the guest shark, Chris Sacca, who offered her $125,000 for 8% equity, contingent on him going home with two samples right there and then.
Seeing that Chris’ offer made a lot of sense, Mark Cuban bowed out of the competition. Meanwhile, Lori Greiner decided to offer her $125,000 for 10% equity while Kevin O’Leary decided to one-up Lori by offering $150,000 for 10% equity. After this, Barbara Corcoran went out and Melani was left with three offers on the table.
Melanie countered Lori at 8% equity, to which Lori replied by maintaining her equity stake of 10% while increasing her offer to $150,000 to match Kevin’s offer. After this, Sacca tries to get in on Lori’s offer. But, Melanie was not willing to let go of more equity, and Chris and Kevin went out. She ultimately went with Greiner’s offer of $150,000 for 10% equity.
Now, for our Milk Snob update.
It’s been years since Melanie and Lori struck a deal in
In addition to the original 5-in-1 stylish seat covers, Milk Snob also sells pacifiers, clips, blankets, hats, loveys, and much more.
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