Combat Flip Flops Shark Tank Update

Combat Flip Flops Shark Tank Pitch

Donald Lee and Matthew Griffin appeared on Shark Tank Season 7, Episode 16, which aired on February 4, 2016, with flip flops and sandals are made from leather, military-grade nylon .

Combat Flip Flops is listed in the Clothing Fashion category. In plain terms, the business is described as flip flops and sandals are made from leather, military-grade nylon .

Combat Flip Flops asked the Sharks for $150,000 for 10%, implying a valuation of about $1.5 million.

On the show, Combat Flip Flops made a listed deal with Mark Cuban, Daymond John, and Lori Greiner for $300,000 for 30%.

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.

Combat Flip Flops After Shark Tank

Combat Flip Flops accepted an on-air Shark Tank deal for $300,000 for 30%. The business later shut down in August, 2021. (Combat Flip Flops Shark Tank Update

Combat Flip Flops reported annual revenue of $4.6 million. (Combat Flip Flops Shark Tank Update

With the help of their Shark partners, Combat Flip Flops is carrying out a dual mission: providing their customers with excellent products, and making the world a better place. (Combat Flip Flops Shark Tank Update

The influences of each Shark is clear in the business' trajectory. (Combat Flip Flops Shark Tank Update

The official website for Combat Flip Flops is listed as www.combatflipflops.com. (Combat Flip Flops website

Sources

Sources used for this page: Shark Tank API pitches