The Mighty Carver

Carving knife that looks like a chainsaw

The Mighty CarverDealHome & LifestyleWebsiteby Lance Burney and Kim BurneyS12E4

Pitch Details

Season / Episode

S12E4

Nov 6, 2020

Ask

$100,000

for 20%

Ask Valuation

$500,000

Deal

$100,000

for 25%

Watch the Pitch

Deal Terms

Amount$100,000
Equity25%
Valuation$400,000

What Happened Next

Operating

$5M

reported

  • Deal closed: $100,000 for 25% equity with Daymond John; Daymond's team helped prepare for the Shark Tank Effect and worked with vendor contacts
  • Company has sold over $9 million worth of product
  • Products not on Lowe's shelves and new mystery product not yet released as of July 2024

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