Lulu Bang Sauce Net Worth 2020: The panel of five Sharks will pitch Ashley, Kelly, and Jorrae on the company and its growth prospects. They’re going to need to persuade Mark Cuban, Daymond John, Kevin O’Leary, Lori Grenier, and Robert Herjavec that a Shark investment is worthy of the company.
The Sharks will be impressed with a good business plan, good financials, and sales data, but they will need to prove them that they are capable of running the business to “Shark standards.” Once this episode airs, a full pitch re-cap on Lulu Bang will be available on Shark Tank Blog.
Krause took his Scrub Daddy into the shark tank in Season 4 and attracted attention from three businesspeople. He finally approved Lori Greiner’s bid of $200,000 for a 20 percent interest (negotiating down from 30 percent).
Just five supermarkets carried it until Scrub Daddy’s appearance on the program. Scrub Daddy can be found in thousands of stores today and annually produces more than $175 million.