2012 · TV pitch
Would you have funded ReadeREST?
A magnetic holder for eyeglasses
An inventor sells a small magnetic clip that holds reading glasses on your shirt so you stop losing them. He has early retail interest.
- Asking $150,000 for 15% of the company
Show what happened
✅ Success
ReadeREST After the show it sold through TV shopping and national retailers including Bed Bath & Beyond, Walmart and Ace Hardware.
On the TV pitch show: One TV investor made a deal: $150,000, but for 65%.
Sources: Readerest (Wikipedia)
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