Ready Festive
DealFestive Home Décor
Ready Festive is a festive home décor that got its big break on Shark Tank in Season 14, and convinced Robert Herjavec to invest.
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From the show
The Shark Tank pitch
- $250K
- Asked for
- 10%
- Offered equity
- $2.5M
- Sought valuation
- $250K
- Deal amount
- 18%
- Deal equity
- $1.4M
- Deal valuation
Founder Liz Voelker and Kristina Barnes stepped onto the carpet in Season 14, Episode 9 in the episode that aired December 9, 2022. Ready Festive, the festive home décor, pitched in the Home & Lifestyle category, one of 260 home & lifestyle businesses to brave the Tank across all 17 seasons.
The ask was $250,000 for 10% of the company, an implied valuation of $2.5M.
Robert Herjavec made the deal at $250,000 for 18% equity. That priced the company at $1.4M, a haircut from the $2.5M the founders walked in asking for, which is how negotiations in the Tank usually go.
Season 14 saw 87 pitches, and 62 of them closed a deal on air. In the Home & Lifestyle category overall, roughly 68% of pitches have landed a shark across the show's history.
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Frequently asked questions
Where can I buy Ready Festive?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.
Did Ready Festive get a deal on Shark Tank?
Yes. Ready Festive closed a deal for $250,000 in exchange for 18% equity, with Robert Herjavec.
Which shark invested in Ready Festive?
Robert Herjavec invested in Ready Festive ($250,000 total as aired).
What season of Shark Tank was Ready Festive on?
Ready Festive appeared in Season 14, Episode 9, which aired December 9, 2022.
How much was Ready Festive asking for on Shark Tank?
The founders asked for $250,000 for 10% of the company, a $2.5M valuation.
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