Felt

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Fell ThroughHome & LifestyleSeason 7, Episode 29Rancho Santa Margarita, CAWebsite

What Happened Next

Deal Fell Through

Deal with O'Leary did not close after the show. No specific reason publicly documented.

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The Felt Shark Tank Pitch

Felt, from Rancho Santa Margarita, CA, pitched on Shark Tank Season 7, Episode 29, which aired Friday, May 20, 2016, asking for $200,000 for 6% of the company — a $3.3M valuation.

Kevin O'Leary agreed to invest $225,000 for 10% equity, valuing the company at $2.3M. The deal fell through after the show. Deal with O'Leary did not close after the show. No specific reason publicly documented.

Watch the Pitch

Pitch Details

Aired: S7E29May 20, 2016
Ask: $200,000for 6%
Ask Valuation: $3.3M

Deal Terms

Terms agreed on air. The deal did not close.

Amount: $225,000
Equity: 10%
Valuation: $2.3M