Foot Cardigan

subscription service for fun and unique socks

Foot CardiganDidn't CloseFashion & BeautyWebsiteLos Angeles, CAS7E3

Pitch Details

Season / Episode

S7E3

Oct 9, 2015

Ask

$250,000

for 10%

Ask Valuation

$2.5M

Deal

$250,000

for 20%

Watch the Pitch

Deal Terms

Amount$250,000
Equity20%
Valuation$1.3M

What Happened Next

Deal Fell Through

Deal with Mark Cuban and Troy Carter did not close during due diligence

Operating

$4M

reported

  • On-air deal with Mark Cuban and Troy Carter did not close; founder quoted: Mark is still super supportive
  • Added approximately 7,000 subscribers in 5 days after episode aired
  • Annual revenue $4 million as of May 2022

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