The Oxygen Business: Selling Air to the Sharks

The Oxygen Business: Selling Air to the Sharks
In this video, the founders of Boost Oxygen pitch their product to the Sharks on Shark Tank.

Boost Oxygen is a product that provides portable and convenient oxygen therapy to people who need it, particularly at high altitudes or during exercise. The company appeared on Shark Tank, where the sharks were impressed by their $6.4 million in sales and profitability.

Kevin O'Leary was the only shark willing to invest in the company, offering a $1 million loan at 9% interest for 7.5% equity. The founders countered with a $1 million loan at 7.5% interest and 6.25% equity, which O'Leary accepted.
This deal proved to be a turning point for Boost Oxygen, which has since become a successful and well-known brand in the oxygen therapy industry.

Here is the full Boost Oxygen pitch on Shark Tank if you want to know more about : The Sharks Left Breathless By Boost Oxygen | Shark Tank US | Shark Tank Global