Tough Tie
Kid- and life-proof ties
Pitch Details
Season / Episode
S11E22
May 8, 2020
Ask
$100,000
for 15%
Ask Valuation
$666,667
Deal
$100,000
for 35%
Deal Terms
Amount$100,000
Equity35%
Valuation$285,714
What Happened Next
Operating
$4M
reported
- On-air deal with Robert Herjavec ($100K for 35%) never closed
- $208K in sales in 2018 at time of pitch
- Rebranded and expanded product line to belts, socks, and face masks
- $4M annual revenue as of June 2022
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