The Ave Venice
No DealMen and Women's Shoes
The Ave Venice, the men and women's shoes, landed on the national radar after pitching the sharks in Season 3, where it won fans even without landing a deal.
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From the show
The Shark Tank pitch
- $125K
- Asked for
- 15%
- Offered equity
- $833K
- Sought valuation
Nick Romero faced the sharks in Season 3, Episode 10 in the episode that aired March 23, 2012, bringing their Venice Beach, CA business with them. The Ave Venice, the men and women's shoes, pitched in the Fashion & Beauty category, one of 239 fashion & beauty businesses to brave the Tank across all 17 seasons.
They came in asking $125,000 in exchange for 15% equity, putting a $833K valuation on the business.
The Ave Venice couldn't land an offer the founders would take, and the pitch ended without a deal. History says that's survivable: several of the show's biggest success stories left the Tank empty-handed.
Across Season 3, 28 of 60 pitches ended in a handshake. 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 The Ave Venice?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name. The company's official website is another option.
Did The Ave Venice get a deal on Shark Tank?
No. The Ave Venice pitched the sharks but left Season 3 without a deal.
What season of Shark Tank was The Ave Venice on?
The Ave Venice appeared in Season 3, Episode 10, which aired March 23, 2012.
How much was The Ave Venice asking for on Shark Tank?
The founders asked for $125,000 for 15% of the company, a $833K valuation.
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