Slimey Honey Shark Tank Update

Slimey Honey Shark Tank Pitch

Mark Lin appeared on Shark Tank Season 14, Episode 8, which aired on December 2, 2022, with An upscale slime business that are fun to play with and smell according to their flavor.

Slimey Honey is listed in the Media Entertainment category. In plain terms, the business is described as An upscale slime business that are fun to play with and smell according to their flavor.

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

On the show, Slimey Honey made a listed deal with Daymond John for $150,000 for 20%.

If treated as straight equity, the listed deal works out to about $750,000 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.

Slimey Honey After Shark Tank

Slimey Honey accepted an on-air Shark Tank deal for $150,000 for 20%, and later update coverage says the deal closed. (Sliimey Honey Shark Tank Update

At this time, the company is earning an estimated $5 million per year. (Sliimey Honey Shark Tank Update

the founder is also in negotiations with Walmart and Target. (Sliimey Honey Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches