Laid Brand developed a unique hair-care item. It employs pheromones to boost individuals’ confidence levels. The product enhances the quality of hair as well. Adam Rauch and Derek Shaw identified an issue. Standard hair-care products were missing this distinctive characteristic. Thus they created the Laid Brand. Their items safeguard hair and enhance its health.
They presented their proposal on Shark Tank. They requested funds to expand their business. Will the entrepreneur get a deal on Shark Tank? Check out the Laid Brand update to find out!
Laid Brand Net Worth Shark Tank Update 2025
Adam Rauch and Derek Shaw asked for a $500,000 investment in exchange for 10% equity in their company. This meant they valued their company at $5 million. They did not secure a deal with any of the sharks. After the show aired, Laid Brand saw a big increase in website traffic, sales, and social media exposure. However, the company eventually shut down in late 2018. Since the business is no longer operational, the current net worth of Laid Brand is $0.
Laid Brand did not get a deal on Shark Tank. The sharks had concerns. These included competition and market size. Laid Brand continued for a while. The company stopped posting on social media in November 2018. By December 2018 it had shut down. The founders moved on to other jobs. Derek started a consulting business. Adam helped his wife promote her invention.
No Laid Brand did not get a deal. The founders asked for $500,000 for 10% of their company. The sharks did not invest. They felt the product had strong competition. They worried about scaling the business. No shark believed they would make their money back. All five sharks said no.
| Shark(s) Name | Offer & Demand | Counter Offer | Accepted? |
| Lori Greiner | Out | N/A | N/A |
| Daymond John | Out | N/A | N/A |
| Kevin O’Leary | Out | N/A | N/A |
| Mark Cuban | Out | N/A | N/A |
| Robert Herjavec | Out | N/A | N/A |
Laid Brand Shark Tank pitch
Adam Rauch and Derek Shaw loved solving problems. They noticed people want to feel confident. They also knew hair health was important. This inspired their idea. They decided to mix pheromones with hair-care products. It was a new idea. It helped people look and feel good. Making the product was not easy. They had to find the right formula. It had to improve hair and include pheromones.
The founders tested it many times. They wanted it to be safe and effective. They also had to think about packaging. It needed to look good and be easy to use. These challenges did not stop them. They kept working hard. They believed in their idea.
Adam and Derek were thrilled to present their concept. They entered Shark Tank prepared to present their idea. They clearly described their product. They claimed it was the first ever made. It enhanced self-assurance and elevated hair condition. The item was free from toxic substances. It was free from cruelty as well. These aspects distinguished it.
The founders disclosed their sales figures. In half a year they made $27,000. They halted sales to enhance the product. They wished to conduct further testing. They requested $500,000. They proposed a 10% stake in the exchange. These funds would assist them in expanding. They intended to grow their market and improve the product. The sharks paid close attention.
The sharks posed numerous inquiries. They were curious about what made the product unique. Adam and Derek mentioned that it contained pheromones. These made individuals feel assured. The sharks inquired about safety. The creators clarified that the product was secure. It was devoid of parabens and sulfates. It was not subjected to testing on animals either.
The sharks inquired about the cost. The creators mentioned that producing one bottle costs $2.50. They offered it for $24.99. This cost appeared elevated to certain sharks. They inquired about sales. The founders stated they made $27,000 over six months. They halted sales for evaluation. The sharks did not find this number impressive.
The sharks inquired about the competition as well. The founders acknowledged that there was plenty of it. Numerous businesses offer hair-care items. The sharks were concerned about being different. They inquired about the marketing strategies. Adam and Derek aimed to concentrate on salons and internet sales. The sharks were uncertain if this was adequate.
The sharks provided their input. Robert Herjavec stated that the rivalry was too intense. He doubted he would recover his investment. He exited. Kevin O’Leary shared similar worries. He believed it would be challenging to find space in shops. He also stepped outside. Lori Greiner stated that she didn’t trust the product. She considered it to be hazardous. She left as well. Mark Cuban concurred with Kevin.
He believed the market was challenging. He did not wish to invest. At last Barbara Corcoran addressed the audience. She mentioned that she wouldn’t utilize the product personally. She was the final shark to leave. The founders departed without reaching an agreement. They expressed their gratitude to the sharks and departed.
What Went Wrong With Laid Brand On Shark Tank?
The sharks had obvious motives for refraining from investing. They expressed competition concerns. Numerous brands offer hair-care products. Being distinctive is challenging. The figures for sales were underwhelming. The founders earned just $27,000 over six months. This did not suffice to impress the sharks. They temporarily halted sales for testing purposes.
This caused the sharks to doubt demand. The sharks were skeptical about the product’s attractiveness. Lori was unconvinced that it would be effective. Barbara mentioned that she wouldn’t utilize it. Kevin and Mark were concerned about scaling. They believed it would be difficult to expand the business. These problems resulted in no agreement.
Product Availability
Laid Brand offered unique products. They infused pheromones into hair care. This made people feel confident. The products were also good for hair. They protected color and added hydration. They did not contain harmful chemicals. They were not tested on animals. The products were available online. They were also sold in salons. One bottle cost $24.99.
This was higher than many competitors. The founders believed the quality justified the price. Customers liked the idea. They wanted to try something new. After Shark Tank the company kept going for a while. It had an active social media presence. By late 2018 it shut down. The products are no longer available. The company’s website does not exist anymore. This marked the end of the Laid Brand.
Conclusion
Laid Brand had a unique idea. They wanted to help people feel confident. Their products were innovative. But the competition was too strong. The sharks saw too many risks. The company could not grow. It shut down in 2018. The founders moved on to other projects.
Hey there, I’m Fatima Muhammad, an International Relations student, with a focus on the strategic dynamics of global relations, One of my favorite shows is Shark Tank. I love it because it showcases the creativity, determination, and strategic thinking of entrepreneurs, which I find inspiring. The show also teaches valuable lessons about innovation, business dynamics, and the importance of perseverance in the face of challenges. Read more About me.
