NineteenTwenty Shark Tank Update

NineteenTwenty Shark Tank Pitch

NineteenTwenty appeared on Shark Tank Season 16, Episode 4, which aired on November 8, 2024, with Convertible clothing.

NineteenTwenty is listed in the Clothing Fashion category. In plain terms, the business is described as Convertible clothing.

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

On the show, NineteenTwenty made a listed deal for $250,000 for 25% equity.

If treated as straight equity, the listed deal works out to about $1 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.

NineteenTwenty After Shark Tank

NineteenTwenty accepted an on-air deal for $250,000 for 25% equity. NineteenTwenty remained active after the episode. (NineteenTwenty - Shark Tank Season 16

NineteenTwenty received a nice boost in sales after airing on Shark Tank and capitalized on the exposure by offering a 30% discount. (NineteenTwenty - Shark Tank Season 16

Ashley and Zach entered Shark Tank Season 16, seeking $250,000 for 10% equity in NineteenTwenty's convertible clothing brand. (NineteenTwenty - Shark Tank Season 16

After NineteenTwenty's presentation, NineteenTwenty reached an agreement for a deal with Robert Herjavec for $250,000 for 25% equity. (NineteenTwenty - Shark Tank Season 16

NineteenTwenty army Logistics Officer, Ashley entered Shark Tank with a vision to simplify how people stay warm on the go. (NineteenTwenty - Shark Tank Season 16

Sources

Sources used for this page: sharktankblog.com