Pitch Details
Season / Episode
S8E13
Jan 13, 2017
Ask
$100,000
for 20%
Ask Valuation
$500,000
Deal
$100,000
for 50%
Watch the Pitch
Deal Terms
Amount$100,000
Equity50%
Valuation$200,000
Kevin O'LearyWhat 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.
Operating
0- Deal with Kevin O'Leary for $100K/50% cancelled 4 months after airing
- Sold out 80% of stock from Shark Tank exposure
- Company described as 'mostly dormant' by founder
- Founder moved to Raindrop Media Management
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