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HairFin bags $25K deal with Daymond John, 'Shark Tank' fans call it 'stupid product'

Though Tony managed to bag a deal with Daymond on 'Shark Tank', fans weren't completely impressed with HairFin

Sometimes all you need is a witty and charming personality to woo the Sharks into making a deal. HairFin founder Tony Litwinowicz proved that on the recently aired episode of 'Shark Tank'. The Connecticut-based entrepreneur walked in seeking $25,000 in exchange for a 20% stake in his hair measuring tool business.

Though the Sharks found his pitch highly entertaining and loved it, everybody except for Daymond John decided to sit out from making the deal. Considering he was the only Shark left on the table, Daymond decided to take advantage of the situation and rolled out an offer of investing the amount Tony came in asking but in exchange for a 40% stake in the business. Daymond also added that he would put Tony in touch with his other haircut business Cut Buddy to sweeten the deal. 

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While Tony was happy about Daymond making an offer, he felt that 40% was way too high and requested Daymond to lower the equity stake. This led to some back and forth between the duo. Daymond eventually got tired of it and declared that he was pulling back his offer. This scared Tony, and he immediately decided to close the deal with Daymond's last offer of $25,000 in exchange for a 30% stake.

Tony was pleased over closing the deal with his favorite Shark, on the other hand, a thoroughly amused Daymond felt that he was peer-pressured by his fellow Sharks into making a deal with Tony as they kept pushing him to accept Tony's offer. Though Tony managed to bag a deal with Daymond, fans weren't completely impressed with HairFin. Fans took to Twitter to slam the haircut measuring guide tool. 

A fan tweeted, "#SharkTank hair fin seems like a really stupid product." "Do people really use a tape measure to cut their hair? Never heard of that. #SharkTank," wrote a fan. Another fan commented, "If you need measuring tape to cut your hair...then go to a professional. #SharkTank." "My first reaction when he said hair cuts. #SharkTank," joked a fan.

'Shark Tank' Season 13 airs every Friday at 8/7c on ABC.

Missed an episode? Been wanting to catch up? Episodes can also be viewed the next day on demand and on Hulu. Not just that, you can also watch old seasons and episodes on Amazon Prime Video and iTunes.

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