How far are business hopefuls willing to go to get their ideas off the ground?
Thus, Nail Pak was born.
Lampugnale saw the opening for her unique product on the market.
What happened to Nail Pak on Shark Tank?
For that reason, Rob Herjavec and Mark Cuban were the first Sharks out.
While Kevin “Mr. She made Lampugnale a solo offer: $50,000 in exchange for 51% of the company.
This hefty equity came with perks.
Greiner explained, “I can do millions of this for you, on QVC and everywhere else.
O’Leary made his own offer: the same investment of $50,000 but for only 40% equity.
Caught between two competitive Sharks, Lampugnale made a hard decision: she counteroffered Lori with 40% instead.
Lori accepted and they had a deal, much to O’Leary’s disappointment.
However, it turns out that Barbara Lampugnale was smart to partner with shopping Maven Lori Greiner.
In the months following their deal, Greiner delivered on her promise.
Lampugnale later renamed her cosmetics line Grace Nail Company.
While the company’swebsiteis still up, showcasing the rebranded Nail Pak product, the product shop is down.
Additionally, the Nail Pak is no longer sold in-store or online.
The company’sInstagrampage has also been inactive since 2019.
