Pete And Pedro

men's hair styling products

Pete And PedroDidn't CloseFashion & BeautyWebsiteGAS7E29

Pitch Details

Season / Episode

S7E29

May 20, 2016

Ask

$100,000

for 10%

Ask Valuation

$1M

Deal

$100,000

for 10%

Watch the Pitch

Deal Terms

Amount$100,000
Equity10%
Valuation$1M

What Happened Next

Deal Fell Through

Founder Aaron Marino declined the deal one week after airing; Corcoran wanted a percentage of all income from his personal brand, which didn't feel authentic

Thriving

$15M

Estimated annual revenue $10M-$15M

  • Appeared on Season 7; deal with Barbara Corcoran for $200K for 7.5%
  • Men's grooming and hair care products founded by YouTube influencer Alpha M (Aaron Marino)
  • Leveraged Aaron Marino's massive YouTube following (6M+ subscribers) for marketing
  • Expanded product line to include full men's grooming range
  • Strong direct-to-consumer sales; one of Barbara's best Shark Tank investments

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