Squatty Potty
Squatty Potty
Squatty Potty CEO Bobby Edwards and his mother, Judy Edwards, have a message for you:
You're going to the bathroom wrong!
QVC maven Lori Grenier saw big potential in the Edwards' Squatty Potty, a toilet stool accessory that promotes good colon health and helps relieves constipation. Grenier beat back competition from Kevin O'Leary to secure a 10% stake in the company.
Initial Ask: $350,000 for 5% equity
Final Deal: $350,000 for 10% equity, closed with Lori Greiner
CEO Bobby Edwards, Lori Greiner and Judy Edwards (From Left to Right)
The deal has been a home run for all involved. The Edwards sold $1 million worth of Squatty Potties in the first two days after their TV appearance. In three months, that number rose to a mind-blowing $12.3 million, buoyed in part by placement in Bed, Bath and Beyond.
To know more click on this link : http://www.squattypotty.com/


Comments
Post a Comment