Nicki Radzely

Nicki Radzely, the cofounder of Doddle & Co, appeared on “Shark Tank” pitching the Pop Pacifier.
During the episode, Daymond John told Radzely that her company “sucks” and questioned why she’d valued her business at $5 million.
Radzely ultimately accepted a $250,000 offer from Kevin O’Leary.
Looking back, she loves that John insulted her because it gave her more air time, and a chance to address other investors’ and viewers’ concerns.

Nicki Radzely didn’t go on “Shark Tank” to make friends.

She knew she’d be pummeled with hard questions — and potentially insults — about the product she was pitching, the Pop Pacifier.

Radzely is the cofounder of Doddle & Co, a company that makes baby products, including pacifiers and teethers. The Pop Pacifier is designed to stay clean because the nipple pops back in every time it falls.

At the time, Doddle & Co was four months old, and Radzely was asking for $250,000 in exchange for 5% of her company, meaning she’d valued the business at $5 million.

Daymond John took the lead on questioning Radzely, about the cost, her sales, and why she thought the company was worth $5 million.

When Spanx founder Sara Blakely and Mark Cuban proclaimed that the product was a …read more


Source:: Businessinsider – Strategy

      

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