Baubles + Soles
DealBaubles + Soles got its big break on Shark Tank in Season 11, and convinced Daymond John to invest.
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From the show
The Shark Tank pitch
- $150K
- Asked for
- 15%
- Offered equity
- $1M
- Sought valuation
- $150K
- Deal amount
- 25%
- Deal equity
- $600K
- Deal valuation
The team stepped onto the carpet in Season 11, Episode 7 in the episode that aired November 10, 2019. Baubles + Soles pitched in the Fashion & Beauty category, one of 239 fashion & beauty businesses to brave the Tank across all 17 seasons.
The ask was $150,000 for 15% of the company, an implied valuation of $1M.
Daymond John made the deal at $150,000 for 25% equity. That priced the company at $600K, a haircut from the $1M the founders walked in asking for, which is how negotiations in the Tank usually go.
Season 11 saw 96 pitches, and 63 of them closed a deal on air. In the Fashion & Beauty category overall, roughly 58% of pitches have landed a shark across the show's history.
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Frequently asked questions
Where can I buy Baubles + Soles?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.
Did Baubles + Soles get a deal on Shark Tank?
Yes. Baubles + Soles closed a deal for $150,000 in exchange for 25% equity, with Daymond John.
Which shark invested in Baubles + Soles?
Daymond John invested in Baubles + Soles ($150,000 total as aired).
What season of Shark Tank was Baubles + Soles on?
Baubles + Soles appeared in Season 11, Episode 7, which aired November 10, 2019.
How much was Baubles + Soles asking for on Shark Tank?
The founders asked for $150,000 for 15% of the company, a $1M valuation.
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