Some of you may recall Les Cookson from season 2 of ‘Shark Tank,’ where he sought investment for his Carsik Bib product. Despite the fact that his first attempt failed, Cookson refused to give up and returned in season 13 with his latest product, Lucy Drawing Tool. Les Cookson, a native of Lincoln, California, is Vice President of Practical Industries in addition to running his own business, LUCIDArt. Lucy Drawing Tool was really released on the market by LUCIDArt, a California-based company that takes pleasure in promoting creative ideas.
Who Is the Founder of Lucid Art?
Les Cookson, the founder, and CEO of LUCIDArt founded the firm in 2005. He pitched the Carsik Bib brand to Shark Tank in 2011 before presenting this product to the show.
Cookson has been the Vice President of Practical Industries since August 2010. His story will serve as inspiration for the LUCIDArt brand.
Lucy Drawing Tool Shark Tank Update:
|Company Name||Lucy Drawing Tool|
|Product||Drawing Tool that Projects Images for You to Trace Over|
|Asked For||$300,000 for 10%|
|Final Deal||$300,000 for 15%|
|Episode (Shark Tank USA)||Season 13 Episode 19|
|Business Status||In Business|
|Net Worth||$2 Million *approx|
Before Shark Tank, Lucid Art:
The Lucy Drawing Tool is made by the LUCIDArt California Base firm. This is an artist’s favored drawing tool, and many artists use it.
The artist gains a lot of value from creating a decent and attractive drawing. Many customers have purchased this item, and they are really pleased with it.
After Shark Tank, What Happened to Lucy Drawing Tool?
After Shark Tank, Lucy Drawing Tool became popular on national television, and many people enjoyed it when they first saw it.
It assists the artist in producing a simple result. Anyone who isn’t a professional artist but enjoys creating art can do it.
This is a product with an average price, but it is also quite expensive; everyone may purchase it.
How Does Lucy Drawing Tool Work?
You can purchase this Lucy Drawing Tool from its official website and Amazon marketplace. On Amazon, you can acquire it for a very low price.
Lucy Mini, Lucy Flex, and Lucy Pro are the three versions available right now. It costs $59.00, $97.00, or $277.00, depending on the discount. The functionalities of various gadgets vary.
This is a USA-made product that comes with a one-year warranty and a 30-day money-back guarantee.
Lucid Art Shark Tank Success Story:
On Shark Tank, Les Cookson, the founder of LUCIDArt, presented a fantastic presentation, which the shark enjoyed.
It is a problem-solving product that assists the artist in producing a good drawing, hence improving the artist’s competence.
The entrepreneur requested $300,000 from Shark in exchange for a 10% stake in his firm, and Shark was aware of the product’s sales before investing in it.
Daymond the Shark John put $300,000 into the company in exchange for a 15% ownership stake.
What Is Lucid Art’s Net Worth / Appraisal?
Given its present value, LUCIDArt’s net worth might be as high as $2 million. If it continues to expand every day, it will continue to grow in the future.
This product is manufactured in the United States, although it is distributed worldwide.
Les Cookson Net Worth $30,000 – $70,000 *Approx. Lucy Drawing Tool Net Worth $2,000,000 *Approx.
Is Lucy Drawing Tool Still a Viable Option?
This Company Is Progressively Expanding. This California-Based Firm Is Gently but Steadily Expanding Its Product Globally.
It Is in High Demand at Schools, Universities, and Institutes, as well as Among Artists. This Will Aid the New Artist in Their Artistic Endeavors.