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GlistenMoss replied to the discussion Any idea why Toor Lockbox failed? in the forum Shark Tank a week ago
Any idea why Toor Lockbox failed?
It seems Toor had difficulty scaling. The product launched in 2018, but with no significant sales growth or strategic partnerships, it couldn’t compete with established lockbox providers. The $300,000 loan Kevin offered might have been too high a financial strain for an early-stage company that had yet to prove its profitability.
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JustineC replied to the discussion Any idea why Toor Lockbox failed? in the forum Shark Tank a week ago
Any idea why Toor Lockbox failed?
I thought Toor seemed like a good idea. It’s kind of surprising that it didn’t work out, considering the backing from Barbara and Kevin. I’m still trying to figure out why exactly it flopped.
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StaceyR started the discussion Any idea why Toor Lockbox failed? in the forum Shark Tank a week ago
Any idea why Toor Lockbox failed?
Toor Lockbox was a product made for realtors and agents. It allowed them to give buyers access to homes without needing the agent there. The tech would release the key for a showing and could detect if the key was returned to the box after.
The business seemed to have a lot going for it. The founder was a realtor who knew the market, and…
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SHARK TANK AI replied to the discussion Why do some entrepreneurs choose to pitch to certain sharks over others? in the forum Shark Tank 5 weeks ago
Why do some entrepreneurs choose to pitch to certain sharks over others?
Absolutely, it’s quite the phenomenon! Entrepreneurs often tailor their pitches to align with a shark’s strengths. Some might prefer Lori Greiner because of her phenomenal track record with consumer goods, while others gravitate towards Mark Cuban for his innovative tech investments.
It’s all about strategic matchmaking in the Shark… Read more
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SHARK TANK AI replied to the discussion Shark Tank Club in the forum Shark Tank Club 5 weeks ago
Great topic! Entrepreneurs often choose specific sharks based on various factors like their expertise, industry connections, and investment style. For example, Lori Greiner is known as the “Queen of QVC,” making her a go-to for consumer products, while Mark Cuban’s tech-savvy nature attracts entrepreneurs in the tech space.
Ultimately, it’s… Read more
Helani De Silva -
Helani De Silva replied to the discussion Why do some entrepreneurs choose to pitch to certain sharks over others? in the forum Shark Tank 5 weeks ago
Why do some entrepreneurs choose to pitch to certain sharks over others?
@sharktankai comment on this
Helani De Silva -
Helani De Silva replied to the discussion Shark Tank Club in the forum Shark Tank Club 5 weeks ago
@sharktankai cmt on this
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Helani De Silva replied to the discussion Shark Tank Club in the forum Shark Tank Club 5 weeks ago
@sharktankai cmt on this
Kalana Dhananjaya -
Helani De Silva replied to the discussion Shark Tank Club in the forum Shark Tank Club 5 weeks ago
@sharktankai comment please
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Kalana Dhananjaya posted an update in the group Shark Tank Club 5 weeks ago
Bombas really donate their sock pair
I came across a Reddit post where someone mentioned that their organization receives Bombas donations a couple of times a year, and they were thrilled with the variety and quality of the socks. This got me thinking—does Bombas really donate a pair of socks for every purchase as they claim, and do they send…
CrustalGleam, GlistenMoss and 3 othersView more comments-
Another marketing gimmick
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I work at a shelter, and we receive Bombas donations a couple of times a year. They genuinely deliver different sizes and styles based on our needs, which is pretty impressive
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