1920 Convertible

Convertible fashion brand

1920 ConvertibleDealFashion & BeautyWebsiteAZby Ashley Sankar, Zach SankarS16E4

Pitch Details

Season / Episode

S16E4

Nov 8, 2024

Ask

$250,000

for 10%

Ask Valuation

$2.5M

Deal

$250,000

for 25%

Watch the Pitch

Deal Terms

Amount$250,000
Equity25%
Valuation$1M
Robert HerjavecRobert Herjavec

What Happened Next

Operating

$750,000

reported

  • Deal closed: $250K for 25% equity with Robert Herjavec
  • December 2022 (launch month) $78K; 2023 annual $269K; lifetime sales $505K
  • First social media video got 66 million views
  • Jacket retails for $298; production cost $65–$70

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