Yellow Leaf Hammocks

Soft, weather-safe hammocks made by women

Yellow Leaf HammocksDealFitness & SportsWebsiteby Joe Demin and Rachel ConnorsS11E24

Pitch Details

Season / Episode

S11E24

May 15, 2020

Ask

$400,000

for 7%

Ask Valuation

$5.7M

Deal

$1M

for 25%

Watch the Pitch

Deal Terms

Amount$1M
Equity25%
Valuation$4M

What Happened Next

Thriving

$6M

reported

  • Deal closed with Daniel Lubetzky for $1M for 25%
  • $860K in 2018; $1.3M projected 2019; $6M annual revenue in August 2022; $4.5M in July 2024
  • $15.4M in sales in three years after appearance vs $3.2M in three years prior
  • Monthly production grew from goal of 2,000/year to 4,000/month
  • First retail store on Virgin Cruise Ships; hammocks placed in every cabin across fleet
  • Over 400 weavers employed; $2M+ invested in weaver community

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