Pick Up Bricks Shark Tank Update

Pick Up Bricks Shark Tank Pitch

Aurora Weinstock and Steven Weinstock appeared on Shark Tank Season 15, Episode 8, which aired on December 8, 2023, with A vacuum tool designed to help kids clean up building bricks and separate pieces from dust and debris..

Pick Up Bricks is listed in the Consumer Products category. In plain terms, the business is described as A vacuum tool designed to help kids clean up building bricks and separate pieces from dust and debris..

Pick Up Bricks asked the Sharks for $200,000 for 10% equity, implying a valuation of about $2 million.

On the show, Pick Up Bricks made a listed deal with Mark Cuban and Lori Greiner for $200,000 for 16% equity.

If treated as straight equity, the listed deal works out to about $1.3 million implied valuation, down from the original $2 million implied valuation.

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

Pick Up Bricks After Shark Tank

Pick Up Bricks accepted an on-air deal for $200,000 for 16% equity. As of the later update, that deal had not closed after filming. (Pick Up Bricks Shark Tank Update – Shark Tank Season 15

In early 2024, Pick Up Bricks expanded to Amazon and began exploring entry into major retail stores, while also preparing for international distribution to countries including the UK and Germany. (Pick Up Bricks Shark Tank Update – Shark Tank Season 15

To manage the spike in demand, the team partnered with fulfillment provider ShipBob, which allowed Pick Up Bricks to quickly ship inventory during the holiday season and expand operations using U.S.-based fulfillment centers. (Pick Up Bricks Shark Tank Update – Shark Tank Season 15

After airing, Pick Up Bricks saw orders increase by 20 times. (Pick Up Bricks Shark Tank Update – Shark Tank Season 15

However, after the episode aired in December 2023, Pick Up Bricks experienced a 20× surge in orders, with more than 1,300 orders placed within the first weekend alone. (Pick Up Bricks Shark Tank Update – Shark Tank Season 15

Sources

Sources used for this page: sharktankblog.com