Pinblock

building blocks that are flexible

Fell ThroughChildren & EducationSeason 8, Episode 13New York, NYWebsite

What Happened Next

Deal Fell Through

O'Leary's team backed out four months later, sending a lengthy email explaining the toy industry was too competitive and manufacturers would not want to license the product.

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The Pinblock Shark Tank Pitch

Pinblock, from New York, NY, pitched on Shark Tank Season 8, Episode 13, which aired Friday, January 13, 2017, asking for $100,000 for 20% of the company — a $500,000 valuation.

Kevin O'Leary agreed to invest $100,000 for 50% equity, valuing the company at $200,000. The deal fell through after the show. O'Leary's team backed out four months later, sending a lengthy email explaining the toy industry was too competitive and manufacturers would not want to license the product.

Watch the Pitch

Pitch Details

Aired: S8E13Jan 13, 2017
Ask: $100,000for 20%
Ask Valuation: $500,000

Deal Terms

Terms agreed on air. The deal did not close.

Amount: $100,000
Equity: 50%
Valuation: $200,000