Seasons 6+ pages were generated with help from AI. Seasons 1-5 were researched and written by hand.
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| Name | Hugo's Amazing Tape |
|---|---|
| Main Presenters | Katherine Saltzberg, Lauri Fraser |
| Order Shown in Episode | 2 |
| Final Deal | Offer made from sharks |
Katherine Saltzberg and Lauri Fraser appeared on Shark Tank Season 9, Episode 23, which aired on February 17, 2018, with non-adhesive, self-clinging tape.
Hugo's Amazing Tape is listed in the Other category. In plain terms, the business is described as non-adhesive, self-clinging tape.
Hugo's Amazing Tape asked the Sharks for $50,000 for 50%, implying a valuation of about $100,000.
On the show, Hugo's Amazing Tape made a listed deal with Mark Cuban and Lori Greiner for $100,000 for 100%.
If treated as straight equity, the listed deal works out to about $100,000 implied valuation, roughly the same implied valuation as the ask.
This pitch is included as context for the more important question: what happened after Shark Tank.
| Made By | Label | Sharks Part of Deal | Summary |
|---|---|---|---|
| Sharks | Deal | Mark Cuban, Lori Greiner | $100,000 for 100% |
| Company | Offered | $50,000 for 50% |
| Update Season | Update Episode |
|---|---|
| No Episode Updates | |
Hugo's Amazing Tape accepted the rare offer to sell 100% of the company, and the business stayed connected to Mark Cuban and Lori Greiner after airing. (Hugo's Amazing Tape Shark Tank Update https://www.sharktankblog.com/business/hugos-amazing-tape/Link Preview
Later updates listed Katherine Saltzberg and Lauri Fraser on the company's executive team and noted that the business remained visible on Mark and Lori's sites. (Hugo's Amazing Tape Shark Tank Update https://www.sharktankblog.com/business/hugos-amazing-tape/Link Preview
The reusable tape continued selling through Walmart, Amazon and the company's own store, making it a quiet but durable closed-deal product. (Hugo's Amazing Tape Shark Tank Update https://www.sharktankblog.com/business/hugos-amazing-tape/ https://www.amazingtape.comLink Preview
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Sources used for this page: Shark Tank API pitches https://www.sharktank-api.dev/pitches https://www.sharktank-api.dev/episodes https://www.sharktankblog.com/business/hugos-amazing-tape/ https://www.amazingtape.comLink Preview
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