Splash Place Swim Goggles Shark Tank Update

Splash Place Swim Goggles Shark Tank Pitch

Ashley Carson and Karen Walker appeared on Shark Tank Season 15, Episode 19, which aired on April 5, 2024, with Swim goggles with a stretchy, fabric band.

Splash Place Swim Goggles is listed in the Consumer Products category. In plain terms, the business is described as Swim goggles with a stretchy, fabric band.

Splash Place Swim Goggles asked the Sharks for $200,000 for 5% equity, implying a valuation of about $4 million.

On the show, Splash Place Swim Goggles made a listed deal for $200,000 for 10% equity.

If treated as straight equity, the listed deal works out to about $2 million implied valuation, down from the original $4 million implied valuation.

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

Splash Place Swim Goggles After Shark Tank

Splash Place Swim Goggles accepted an on-air deal for $200,000 for 10% equity. After filming, that deal closed. (Splash Place Swim Goggles Shark Tank Update – Shark Tank Season 15

By May, 2024, the deal with Lori closed - quick by Shark Tank standards as the episode first aired in April, 2024. (Splash Place Swim Goggles Shark Tank Update – Shark Tank Season 15

In May 2024, Splash Swim Goggles expanded its product range beyond swim goggles to include snorkels, towels, and bags. (Splash Place Swim Goggles Shark Tank Update – Shark Tank Season 15

Sales blew up the week following the initial air date. (Splash Place Swim Goggles Shark Tank Update – Shark Tank Season 15

Splash Place Swim Goggles however, in the weeks that followed, sales surged. (Splash Place Swim Goggles Shark Tank Update – Shark Tank Season 15

Sources

Sources used for this page: sharktankblog.com