Fila Manila Shark Tank Update

Fila Manila Shark Tank Pitch

Fila Manila appeared on Shark Tank Season 15, Episode 16, which aired on March 1, 2024, with Packaged Filipino food.

Fila Manila is listed in the Food Beverage category. In plain terms, the business is described as Packaged Filipino food.

Fila Manila asked the Sharks for $250,000 for 5% equity, implying a valuation of about $5 million.

On the show, Fila Manila made a listed deal for $250,000 for 20% equity, plus option to get back 5%.

If treated as straight equity, the listed deal works out to about $1.3 million implied valuation, down from the original $5 million implied valuation.

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

Fila Manila After Shark Tank

Fila Manila accepted an on-air deal for $250,000 for 20% equity, plus option to get back 5%. After filming, that deal closed. (Fila Manila Shark Tank Update – Shark Tank Season 15

As of the first re-run of this episode in June, 2024 - about 3 months after the original air date - there is no hard evidence the deal with Daniel closed. (Fila Manila Shark Tank Update – Shark Tank Season 15

Fila Manila's own site was active in this research pass and continued to present products or service information for customers. (Fila Manila website

Sources

Sources used for this page: sharktankblog.com