Wurkin Stiffs

Magnetic collar stays and men's dress shirt accessories

Wurkin StiffsDidn't CloseFashion & BeautyWebsiteSarasota, FLby Jonathan BoosS2E1

Pitch Details

Season / Episode

S2E1

Mar 20, 2011

Ask

$85,000

for 10%

Ask Valuation

$850,000

Deal

$100,000

for 40%

Watch the Pitch

Deal Terms

Amount$100,000
Equity40%
Valuation$250,000

What Happened Next

Deal Fell Through

Deal never fully finalized; founder maintained informal relationship with Daymond John

Thriving

$9M

reported

  • Post-show: on-air deal with Barbara Corcoran and Daymond John fell through (Daymond wanted licensing)
  • Continued informal working relationship with Daymond John
  • Revenue grew from $1.8M to ~$9M
  • Expanded to 1,000+ retail stores across US, Canada, Japan, and Mexico
  • Product line expanded from collar stays to polo stays, tie bars, power buttons, lint rollers

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