Shark Tank Pitch

Bibbitec Shark Tank Update

Published:

2m

Miami, FL

Bibbitec Shark Tank Update


Pitch Overview
NameBibbitec
Main PresentersSusie Taylor and Steve Taylor
Presenter Image
Bibbitec Entrepreneurs: Susie Taylor and Steve Taylor
Product Image
Bibbitec Product Image
Last Known in Business7/1/2018
Main Location

Miami, FL

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Order Shown in Episode1
Final DealAll Sharks went Out

Bibbitec Shark Tank Pitch

Susie Taylor and Steve Taylor were frustrated with the poorly made baby bibs available to buy. Instead of wasting money on bibs that didn't work, Susie designed her own under the brand Bibbitec.

Bibbitec is made in America and, according to Susie and Steve, never stains, never smells, and never holds an odor. The Bibbitec bib gets worn through the arms like a baby snuggie rather than a small cloth fastened around the neck.

The sharks find Bibbitect way overpriced at $24 to $50 each with $15 costs, but Susie and steve assure the sharks that Bibbitec lasts four years. Meanwhile, moms spend $400 a year on bibs that they throw out.

Susie and Steve have put $75k into Bibbitec. In about four years, Bibbitec has sold 2000 units. In the last year, Bibbibop has done $17k in sales. Susie says that the Bibbitec doesn't come first; her kids do. Susie and Steve seem a bit lost in what to do and need a shark to guide them to the pathway of success.

Unfortunately, none of the sharks want to join them on that journey. Kevin believes it's time to take Bibbitec behind the barn and shoot it. Susie and Steve don't have any more money to put in, but the pain of admitting four years was unsuccessful may be too great for them to accept, so they trudge on with desperate hope.


Offers

Made ByLabelSharks Part of DealSummary
CompanyOffered$40k for 14% of company
SharksOutMark CubanOut
SharksOutBarbara CorcoranOut
SharksOutKevin O'LearyOut
SharksOutDaymond JohnOut
SharksOutRobert HerjavecOut

Mark Cuban
Mark Cuban

Mark Cuban

Out

Daymond John
Daymond John

Daymond John

Out

Kevin O'Leary
Kevin O'Leary

Kevin O'Leary

Out

Barbara Corcoran
Barbara Corcoran

Barbara Corcoran

Out

Robert Herjavec
Robert Herjavec

Robert Herjavec

Out


Updates in Shark Tank Episodes

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Bibbitec After Shark Tank

Susie Taylor did an interview

Link Preview

interview

https://www.sharktankblog.com/susie-taylor-bibbitec-update-interview

with Shark Tank Blog after airing on Shark Tank. Susie said their website got 75k visitors and 150k throughout the weekend resulting in 1500 orders daily for a few days before leveling off at around 50, resulting in over $40k of sales.

Susie and Steve Taylor never borrowed money from family and Steve helped with Bibbibop while running a law firm. They have three patents on Bibbibop. Susie closed Bibbibop in 2018.

In 2018 Susie wrote a post titled Letting Go of…Bibbitec. The post is no longer up on her website, susiektaylor.com

Link Preview

susiektaylor.com

https://www.susiektaylor.com

, but in it Susie indicated she was never really fond of running Bibbitec and returned to her true passion, which is acting.

Susie Taylor Why I Stopped Bibbitec Shark Tank

As of 2022 Susie seems to be happy and acting and is performing theater in a skit called Jewbana and doing other gigs. Her Twitter is @jewbana305

Link Preview

@jewbana305

https://x.com/jewbana305

, which she keeps updated.


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