The Factionist

The Factionist

No Deal

Men and Women's Apparel

Best known from its Shark Tank appearance, The Factionist is a men and women's apparel in Season 1, where it won fans even without landing a deal.

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From the show

The Shark Tank pitch

$30K
Asked for
20%
Offered equity
$150K
Sought valuation
No deal

Nate Berkopec walked into the Tank in Season 1, Episode 12 in the episode that aired January 15, 2010, bringing their New York, NY business with them. The Factionist, the men and women's apparel, pitched in the Fashion & Beauty category, one of 239 fashion & beauty businesses to brave the Tank across all 17 seasons.

On the carpet, the number was $30,000 for a 20% stake, which valued the company at $150K.

The sharks passed, and The Factionist left without a deal. That's not always the end of the story. Some of Shark Tank's most successful companies were rejected on air and grew anyway, using the exposure (the "Shark Tank effect") to drive sales the sharks missed out on.

The Factionist was one of 64 businesses to pitch in Season 1, where 27 deals got done. 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 Factionist?

Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.

Did The Factionist get a deal on Shark Tank?

No. The Factionist pitched the sharks but left Season 1 without a deal.

What season of Shark Tank was The Factionist on?

The Factionist appeared in Season 1, Episode 12, which aired January 15, 2010.

How much was The Factionist asking for on Shark Tank?

The founders asked for $30,000 for 20% of the company, a $150K valuation.

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