Tuesday, July 3, 2018

The Profit - Diaper Dude Update

Tonight on The Profit, Marcus Lemonis is in Los Angeles, California hoping to make a deal with Diaper Dude. Diaper Dude is company owned by Chris Pegula that makes bags designed for dads.  The business was started 15 years ago and has generated millions in sales, but things are starting to go downhill and Chris has lost faith in his skills and his product.

Let's take a look at some information related to Diaper Dude as well as what kind of deal was made on the show.

News and Links Related To The Company:

The Deal From The Episode Plus Post-Show Updates (this will be updated continually):

  • The Deal - $200k for 60% of the business to increase working capital, build inventory, and marketing.
  • The Diaper Dude website and Facebook page now redirect to The No Bull Movement pages.
  • Here is the website for The No Bull Movement and the Facebook Page.
    • There are no products for sale on the website, but it says No Bull merchandise is coming soon.
    • Chris is listed as a Chief Outreach Officer + Secretary on the site.  His description states he "will bring his design background to align with product that will support the cause of the The No Bull Movement"
  • There is a No Bull Project website that sells bags, but doesn't have any relation to Marcus and Chris.
  • There is also a No Bull Movement website which is based out of Australia and doesn't have any relation to Marcus and Chris.  The URL of this is nobullmovement.com while Marcus's site is thenobullmovement.com
  • Gander Outdoors which was on the episode as the company Chris was pitching to is also owned by Marcus Lemonis.

*To see how all of the businesses from The Profit are doing, go to the The Profit Updates page, and also Like us on Facebook or Follow Us on Twitter to stay up to date with all things involving The Profit.

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