Tristen Ikaika
Dealrings made from spoons and other recycled materials
Best known from its Shark Tank appearance, Tristen Ikaika is a rings made from spoons and other recycled materials in Season 13, and convinced Kevin O'Leary to invest.
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From the show
The Shark Tank pitch
- $250K
- Asked for
- 5%
- Offered equity
- $5M
- Sought valuation
- $250K
- Deal amount
- 15%
- Deal equity
- $1.7M
- Deal valuation
Tristen Ikaika walked into the Tank in Season 13, Episode 12 in the episode that aired January 21, 2022. Tristen Ikaika, the rings made from spoons and other recycled materials, pitched in the Home & Lifestyle category, one of 260 home & lifestyle businesses to brave the Tank across all 17 seasons.
On the carpet, the number was $250,000 for a 5% stake, which valued the company at $5M.
Kevin O'Leary made the deal at $250,000 for 15% equity. That priced the company at $1.7M, a haircut from the $5M the founders walked in asking for, which is how negotiations in the Tank usually go.
Tristen Ikaika was one of 96 businesses to pitch in Season 13, where 64 deals got done. 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 Tristen Ikaika?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.
Did Tristen Ikaika get a deal on Shark Tank?
Yes. Tristen Ikaika closed a deal for $250,000 in exchange for 15% equity, with Kevin O'Leary.
Which shark invested in Tristen Ikaika?
Kevin O'Leary invested in Tristen Ikaika ($250,000 total as aired).
What season of Shark Tank was Tristen Ikaika on?
Tristen Ikaika appeared in Season 13, Episode 12, which aired January 21, 2022.
How much was Tristen Ikaika asking for on Shark Tank?
The founders asked for $250,000 for 5% of the company, a $5M valuation.
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