The Twin Z Pillow Shark Tank Update

The Twin Z Pillow Shark Tank Pitch

Michelle Barsosky appeared on Shark Tank Season 6, Episode 21, which aired on March 5, 2015, with c-shaped pillows for twins.

The Twin Z Pillow is listed in the Lifestyle Home category. In plain terms, the business is described as c-shaped pillows for twins.

The Twin Z Pillow asked the Sharks for $75,000 for 10%, implying a valuation of about $750,000.

On the show, The Twin Z Pillow made a listed deal with Lori Greiner for $75,000 for 15%.

If treated as straight equity, the listed deal works out to about $500,000 implied valuation, down from the original $750,000 implied valuation.

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

The Twin Z Pillow After Shark Tank

The Twin Z Pillow accepted an on-air Shark Tank deal for $75,000 for 15%. The on-air deal did not close. Follow-up reporting lists the company as in business. (Twin Z Pillow Shark Tank Update

The Twin Z Pillow reported annual revenue of $1 million. Shortly after appearing in the Tank, the company added a nursing pillow for a single baby and something called the SleepZ Pillow which helps kids fall asleep faster. (Twin Z Pillow Shark Tank Update

The official website for The Twin Z Pillow is listed as twinznursingpillow.com. (The Twin Z Pillow website

Sources

Sources used for this page: Shark Tank API pitches