EmazingLights Shark Tank Update

EmazingLights Shark Tank Pitch

Brian Lim appeared on Shark Tank Season 6, Episode 22, which aired on March 13, 2015, with colorful led lit gloves for parties, festivals and raves.

EmazingLights is listed in the Media Entertainment category. In plain terms, the business is described as colorful led lit gloves for parties, festivals and raves.

EmazingLights asked the Sharks for $625,000 for 5%, implying a valuation of about $12.5 million.

On the show, EmazingLights made a listed deal with Daymond John and Mark Cuban for $650,000 for 8% + 20% on all licensing deals.

If treated as straight equity, the listed deal works out to about $8.1 million implied valuation, down from the original $12.5 million implied valuation.

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

EmazingLights After Shark Tank

Sources