The Lapel Project
stick-on false lapels for jackets
The The Lapel Project Shark Tank Pitch
The Lapel Project, from Miami, FL, pitched on Shark Tank Season 8, Episode 2, which aired Friday, September 30, 2016, asking for $150,000 for 20% of the company — a $750,000 valuation.
Mark Cuban agreed to invest $150,000 for 30% equity, valuing the company at $500,000. The deal closed after the show.
Watch the Pitch
Pitch Details
- Aired
- S8E2Sep 30, 2016
- Ask
- $150,000for 20%
- Ask Valuation
- $750,000
Deal Terms
- Amount
- $150,000
- Equity
- 30%
- Valuation
- $500,000
Mark Cuban