2Shu
DealA shoe that can be converted between a thong or a closed-toe shoe and vice versa
Pitched by Matt Gillett
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From the show
The Shark Tank Australia pitch
- A$150K
- Asked for
- 40%
- Offered equity
- A$375K
- Sought valuation
- A$150K
- Deal amount
- 25%
- Deal equity
- A$600K
- Deal valuation
Matt Gillett brought 2Shu into the Shark Tank Australia in season 2, episode 4, pitching a shoe that can be converted between a thong or a closed-toe shoe and vice versa.
They asked the sharks for A$150K for 40% of the company. That valued the business at A$375K.
2Shu reached a recorded on-air agreement with Janine Allis at A$150K for 25%. This records the accepted terms, not confirmation that funding was completed.
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