The Mensch on a Bench Shark Tank Update

The Mensch on a Bench Shark Tank Pitch

Neal Hoffman appeared on Shark Tank Season 6, Episode 12, which aired on December 11, 2014, with Jewish toy that promotes the story of Hanukkah.

The Mensch on a Bench is listed in the Children category. In plain terms, the business is described as Jewish toy that promotes the story of Hanukkah.

The Mensch on a Bench asked the Sharks for $150,000 for 10%, implying a valuation of about $1.5 million.

On the show, The Mensch on a Bench made a listed deal with Lori Greiner and Robert Herjavec for $150,000 for 15%.

If treated as straight equity, the listed deal works out to about $1 million implied valuation, down from the original $1.5 million implied valuation.

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

The Mensch on a Bench After Shark Tank

The Mensch on a Bench accepted an on-air Shark Tank deal for $150,000 for 15%. Follow-up reporting lists the company as still operating after its Shark Tank appearance. (Mensch on a Bench Shark Tank Update

Since airing, the company've sold over $1 million in product!. In the update, Neal and Lori appear in a Bed Bath and Beyond store where the Mensch has its own display in over 1000 stores. The founder also has an inflatable Mensch and a talking version. (Mensch on a Bench Shark Tank Update

The official website for The Mensch on a Bench is listed as themenschonabench.com. (The Mensch on a Bench website

Sources

Sources used for this page: Shark Tank API pitches