Wine&Design

painting classes with wine served

Wine&DesignDealEntertainmentWebsiteRaleigh, NCby Patrick and Harriet MillsS8E24

Pitch Details

Season / Episode

S8E24

May 12, 2017

Ask

$500,000

for 10%

Ask Valuation

$5M

Deal

$500,000

for 10%

Watch the Pitch

Deal Terms

Amount$500,000
Equity10%
Valuation$5M
Loan$350,000

What Happened Next

Thriving

$12M

reported

  • After doing the deal on Shark Tank, Preiss sued Mills claiming she was forced to sign documents against her will that locked her out of the business. The lawsuits threatened to kill the deal with Kevin, but they were settled in December.
  • $12 million in revenue by 2023.

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