Geek Chic Shark Tank Update

Geek Chic Shark Tank Pitch

Robert Gifford proudly describes himself as a geek, and he loves board games, however, to the extent that he was leaving the house unsightly for his wife's preferences. Robert Gifford created Geek Chic, premium wood furniture that eloquently serves as a full-functioning game space or other functions and encloses into a storage case appearing as a typical table when not in use.

Robert Gifford has several products and sells the table he displayed for around $3500. Last year's sales were $2 million with a loss of $100k. Robert Gifford projects Geek Chic to cashflow from $400k to $500k this year and to eventually grow beyond $10 million in annual revenue. Robert Gifford wants to purchase a truck to handle more shipments and buy machinery to make production more efficient.

Kevin warns that the wood furniture industry in America has been decimated recently by cheaper imports from other countries. All sharks go out except Daymond, who makes an offer. After some negotiating with Robert Gifford, Robert Herjavec jumps back in and the Roberts secure a deal.

Geek Chic After Shark Tank