The Holiball Shark Tank Update

The Holiball Shark Tank Pitch

Kristy Moore, Jennifer Couch, and Amberly Hall appeared on Shark Tank Season 12, Episode 7, which aired on December 3, 2020, with inflatable Christmas ornaments.

The Holiball is listed in the Other category. In plain terms, the business is described as inflatable Christmas ornaments.

The Holiball asked the Sharks for $150,000 for 10%, implying a valuation of about $1.5 million.

On the show, The Holiball made a listed deal with Mark Cuban and Barbara Corcoran for $150,000 for 25%.

If treated as straight equity, the listed deal works out to about $600,000 implied valuation, down from the original $1.5 million implied valuation.

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

The Holiball After Shark Tank

The Holiball accepted an on-air Shark Tank deal for $150,000 for 25%, then kept operating after the episode. (Holiball Shark Tank Update

By July 2021, The Holiball was reported at about $800,000-$1 million in annual revenue. (Holiball Shark Tank Update

The Holiball worked with a team of 12 and The Holiball developed a new line including The Holiball's mini Holiballs. (Holiball Shark Tank Update

The company gets an update segment in season 13, episode 1308. (Holiball Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches