Pete And Pedro

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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

Operating

$15M

Estimated annual revenue $10M-$15M

  • No deal on Pete & Pedro; founder's other company Alpha M received Barbara Corcoran offer which was later declined
  • Pete and Pedro, Alpha M, and Tiege Hanley all remain successful businesses

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