Shark Tank Pitch

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

Byoot Shark Tank Update

2m

Clothing Fashion

Pitch Overview
NameByoot
Main PresentersElyce Billany, Nathan Billany
Order Shown in Episode3
Final DealDeal was made on the show with sharks for $50,000 loan at 10% interest + 5% equity.

Byoot Shark Tank Pitch

Elyce Billany and Nathan Billany appeared on Shark Tank Season 12, Episode 14, which aired on February 18, 2021, with swimsuits made for easy bathroom access.

Byoot is listed in the Clothing Fashion category. In plain terms, the business is described as swimsuits made for easy bathroom access.

Byoot asked the Sharks for $50,000 for 30%, implying a valuation of about $166,666.667.

On the show, Byoot made a listed deal for $50,000 loan at 10% interest + 5% equity.

If treated as straight equity, the listed deal works out to about $1 million implied valuation, up from the original $166,666.667 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$50,000 for 30%
SharksDeal$50,000 loan at 10% interest + 5% equity

Updates in Shark Tank Episodes

Update SeasonUpdate Episode
No Episode Updates

Byoot After Shark Tank

Byoot accepted an on-air Shark Tank deal for $50,000 loan at 10% interest + 5% equity. Later reporting says the deal did not close after filming. (Byoot Company Shark Tank Update ).
There is no hard evidence whether or not this deal closed, but the company ran an unsuccessful Kickstarter campaign that only raised $1622 on a $35,000 goal. (Byoot Company Shark Tank Update ).
Since airing, the company has introduced Byoot bikinis and Elyce wrote a book about being an entrepreneur called Mama Bean has a Dream. (Byoot Company Shark Tank Update ).

Sources

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

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