Frill Clothing Shark Tank Update

Frill Clothing Shark Tank Pitch

Kate Steadman and Sharon Bui appeared on Shark Tank Season 6, Episode 21, which aired on March 5, 2015, with apparel store that sells a line of custom designer wear and formal clothing for sororities across the United States.

Frill Clothing is listed in the Clothing Fashion category. In plain terms, the business is described as apparel store that sells a line of custom designer wear and formal clothing for sororities across the United States.

Frill Clothing asked the Sharks for $100,000 for 20%, implying a valuation of about $500,000.

On the show, Frill Clothing made a listed deal with Barbara Corcoran and Kevin O'Leary for $100,000 for 30%.

If treated as straight equity, the listed deal works out to about $333,333.333 implied valuation, down from the original $500,000 implied valuation.

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

Frill Clothing After Shark Tank

Frill Clothing accepted an on-air Shark Tank deal for $100,000 for 30%. Follow-up reporting lists the company as still operating after its Shark Tank appearance. (Frill Clothing Shark Tank Update

They'll also be featured on Beyond the Tank episode 104. (Frill Clothing Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches