It is one of those success stories that keeps after devastating feedback on the leg: still be filthy rich with your original idea
So it fared Shaun Pulfrey. , creator of the Tangle Teezer: a brush easier tangles from your hair. When the British entrepreneur hairbrush good spirits to the world presented it was flared in the television program Dragon’s Den as a small child
His pitch was not exactly in the taste. One of the targeted investors felt the need “to pull out his hair” and that was not all: according to the judges his presence was “a waste of time”
Nine years later …
But now. nine years later, the world looks very different for Shaun. His hair brush is sold in sixty countries. Celebrities such as designer Victoria Beckham and singer Nicole Scherzinger swear by it and Pulfrey received several awards.
Meanwhile, he is about to sell his company for 200 million pounds, a sloppy 238 million. Salient detail: which is more than the ability of Deborah Meaden, one of the Dragons which Shaun then drilled into the ground. They all had in exchange for an investment of £ 80,000 can get a share of 15 percent.
No chance for full story
“I was disappointed that I was not the money was “Shaun looks back in an interview with Metro. “That money I could get from a bank. But I wanted one of the Dragons it brought to the international consumer market and I did not feel that I got the chance to tell my whole story.”
so Shaun used his own money to build prototypes for years. Finally lay the product in the store in 2008. A year later he began to earn money and received investments include Exponent, Inflexion and Bridgepoint. Now, the US company Baird helps him to find a buyer. As the sole shareholder, he needs at least to share with anyone the purchase price.
Source • RTL Z / Chris Koenis
