Evrewares Shark Tank Update

Evrewares Shark Tank Pitch

Ellie Brown and Becca Nelson appeared on Shark Tank Season 6, Episode 14, which aired on January 12, 2015, with tie-shaped sticker accessory.

Evrewares is listed in the Accessories Gadgets category. In plain terms, the business is described as tie-shaped sticker accessory.

Evrewares asked the Sharks for $100,000 for 30%, implying a valuation of about $333,333.333.

On the show, Evrewares made a listed deal with Mark Cuban for $200,000 for 100%.

If treated as straight equity, the listed deal works out to about $200,000 implied valuation, down from the original $333,333.333 implied valuation.

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

Evrewares After Shark Tank

Evrewares accepted an on-air Shark Tank deal for $200,000 for 100%. The business later shut down in December, 2015. (evREwares Shark Tank Update

Evrewares reported sales of $10,000. (evREwares Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches