Shark Tank Pitch

Seasons 6+ pages were generated with help from AI. Seasons 1-5 were researched and written by hand.

Hire Santa Shark Tank Update

2m

Services

Pitch Overview
NameHire Santa
Main PresentersMitch Allen
Order Shown in Episode1
Final DealDeal was made on the show with sharks Barbara Corcoran for $200,000 for 50% until $200,000 is repaid, then 10% equity.

Hire Santa Shark Tank Pitch

Mitch Allen appeared on Shark Tank Season 10, Episode 7, which aired on December 1, 2018, with Santa’s for hire.

Hire Santa is listed in the Services category. In plain terms, the business is described as Santa’s for hire.

Hire Santa asked the Sharks for $200,000 for 10%, implying a valuation of about $2 million.

On the show, Hire Santa made a listed deal with Barbara Corcoran for $200,000 for 50% until $200,000 is repaid, then 10% equity.

If treated as straight equity, the listed deal works out to about $400,000 implied valuation, down from the original $2 million implied valuation.

This pitch is included as context for the more important question: what happened after Shark Tank.

Offers

Made ByLabelSharks Part of DealSummary
CompanyOffered$200,000 for 10%
SharksDealBarbara Corcoran$200,000 for 50% until $200,000 is repaid, then 10% equity

Updates in Shark Tank Episodes

Update SeasonUpdate Episode
No Episode Updates

Hire Santa After Shark Tank

Hire Santa accepted an on-air Shark Tank deal for $200,000 for 50% until $200,000 is repaid, then 10% equity, then continued operating after the episode. (Hire Santa Shark Tank Update ).
By 2018, update sources put Hire Santa's sales around $1.4 million. (Hire Santa Shark Tank Update ).
They work with Ritz Carlton, The NFL, NBA teams and more. (Hire Santa Shark Tank Update ).
Another Update Segment The company gets a second update segment in episode 1510, season 15's "Holiday Special." In the update segment, Barbara says she loves her holiday entrepreneurs. (Hire Santa Shark Tank Update ).

Sources

Sources used for this page: Shark Tank API pitches , Shark Tank API episodes , sharktankblog.com .

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