Cool Wraps

CoolWraps - Holiday Cheer

Cool WrapsDidn't CloseHome & LifestyleWebsiteGreen Cove Springs, FLby Jeffrey MillerS4E20

Pitch Details

Season / Episode

S4E20

Mar 29, 2013

Ask

$100,000

for 40%

Ask Valuation

$250,000

Deal

$250,000

for 100%

Watch the Pitch

Deal Terms

Amount$250,000
Equity100%
Valuation$250,000
Royaltyyes per_unit
Mark CubanMark Cuban

What Happened Next

Operating
0
  • Deal with Mark Cuban for $250K + 3% royalty (Season 4) - deal never closed
  • Reached up to $5M annual sales before shutting down
  • Poorly prepared for post-show demand surge; customers couldn't buy online
  • Social media inactive since 2015
  • Shrink-wrap gift bag concept failed to sustain momentum

Get updates on Cool Wraps