Ready Festive Shark Tank Update

Ready Festive Shark Tank Pitch

Kristina Barnes and Elizabeth Voelker appeared on Shark Tank Season 14, Episode 9, which aired on December 9, 2022, with Holiday themed subscription box. Get decorations delivered for the occasion!.

Ready Festive is listed in the Lifestyle Home category. In plain terms, the business is described as Holiday themed subscription box. Get decorations delivered for the occasion!.

Ready Festive asked the Sharks for $250,000 for 10%, implying a valuation of about $2.5 million.

On the show, Ready Festive made a listed deal with Robert Herjavec for $250,000 for 18%.

If treated as straight equity, the listed deal works out to about $1.4 million implied valuation, down from the original $2.5 million implied valuation.

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

Ready Festive After Shark Tank

Ready Festive accepted an on-air Shark Tank deal for $250,000 for 18%, and later update coverage says the deal closed. (ReadyFestive Shark Tank Update

The company is shipping 4th of July decorations and starting to curate fall boxes. (ReadyFestive Shark Tank Update

At this time, reliable revenue information is unavailable. (ReadyFestive Shark Tank Update

(ReadyFestive Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches