![]() Newsletters: TCPalm launches four additional newsletters to help you stay updated on local news More: Nationwide worker shortage affecting businesses, including Captain's Galley restaurant When Higney and her mother, company President Ellen McAlister, appeared on "Shark Tank" in October 2019, all five sharks were interested, but QVC maven Greiner offered her Golden Ticket, which she gives out only once a year, securing a 10% equity share in Bug Bite Thing for a $150,000 investment. “There is no greater platform in the world to launch a business than 'Shark Tank',” Higney said of the Emmy Award-winning program. Sales this year, Higney said, are “on track to exceed $15 million, and are projected to reach $30 million” in 2022. "Shark Tank," a show that matches entrepreneurs and investors, now is in its 12th season on ABC. Now, "a year and a half after making our deal (with Greiner), we have done $11 million.” ![]() In the year before her pitch to the five investor sharks, Higney said, she had $500,000 in sales of Bug Bite Thing, a chemical-free, eco-friendly suction device that effectively alleviates stinging, itching and swelling caused by insect bites and stings. LUCIE - After Kelley Higney - founder and CEO of Bug Bite Thing - appeared on TV's "Shark Tank" 18 months ago and accepted an investment offer from shark Lori Greiner, “everything exploded.”īoth partners had reason to be enthusiastic and optimistic when Higney returned to the show in a two-minute update segment that aired last month. ![]()
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