Pitch Details
Season / Episode
S7E21
Mar 11, 2016
Ask
$250,000
for 5%
Ask Valuation
$5M
Deal
$250,000
for 12.5%
Deal Terms
Amount$250,000
Equity12.5%
Valuation$2M
Royaltyyes per_unit
Kevin O'LearyWhat Happened Next
Shut Down
$100,000
estimated
- Deal closed with Daymond John for $250,000 for 12.5% equity plus 25% of ecommerce sales
- Online presence increased significantly post-show; products available on Amazon
- Company went bankrupt in 2020 and assets were auctioned off
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