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5. You Smell Soap
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Founder Megan Cummins's product regarding luxury soaps was a hit with the sharks and Robert Herjavec even offered $55,000 for 20% equity and another $50,000 in salary. But Cummins stated that Robert did not contact her after the deal and wanted 50% equity instead. Cummins turned down the new deal and sold the company to another investor before the venture went defunct.
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Edited by Nimisha
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