Trophy Smack Shark Tank Update

Trophy Smack Shark Tank Pitch

Matt Walsh and Dax Holt appeared on Shark Tank Season 12, Episode 9, which aired on January 7, 2021, with customize your own fantasy sports trophies, rings and belts.

Trophy Smack is listed in the Services category. In plain terms, the business is described as customize your own fantasy sports trophies, rings and belts.

Trophy Smack asked the Sharks for $600,000 for 8%, implying a valuation of about $7.5 million.

On the show, Trophy Smack made a listed deal with Mark Cuban for $600,000 for 17%.

If treated as straight equity, the listed deal works out to about $3.5 million implied valuation, down from the original $7.5 million implied valuation.

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

Trophy Smack After Shark Tank

Trophy Smack accepted an on-air Shark Tank deal for $600,000 for 17%. Later reporting says the deal closed after filming. (Trophy Smack Shark Tank Update

By July 2021, Trophy Smack was reported at about $1 million in annual revenue. (Trophy Smack Shark Tank Update

The company gets an update segment in episode 1319. (Trophy Smack Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches