Pete and Pedro Shark Tank Update

Pete and Pedro Shark Tank Pitch

Aaron Marino appeared on Shark Tank Season 7, Episode 29, which aired on May 20, 2016, with men’s hairstyling, grooming and shaving products .

Pete and Pedro is listed in the Cosmetics Beauty category. In plain terms, the business is described as men’s hairstyling, grooming and shaving products .

Pete and Pedro asked the Sharks for $100,000 for 10%, implying a valuation of about $1 million.

On the show, Pete and Pedro made a listed deal with Barbara Corcoran for $100,000 for 10%.

If treated as straight equity, the listed deal works out to about $1 million implied valuation, roughly the same implied valuation as the ask.

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

Pete and Pedro After Shark Tank

Pete and Pedro accepted an on-air Shark Tank deal for $100,000 for 10%. Follow-up reporting lists the company as still operating after its Shark Tank appearance. (Pete and Pedro Shark Tank Update

Coming into the Tank once is an accomplishment in itself, but to return for a second try is nearly unheard of. (Pete and Pedro Shark Tank Update

Then, to land a Shark deal not on the company being pitched, but another related company, makes Aaron a rare fish indeed. (Pete and Pedro Shark Tank Update

Unfortunately, Aaron declined the deal a week after making, stating it "didn't feel right." Alpha M remains a strong presence, including his ongoing series on men’s haircare and grooming, and his social media presence and endorsements. (Pete and Pedro Shark Tank Update

The official website for Pete and Pedro is listed as peteandpedro.com. (Pete and Pedro website

Sources

Sources used for this page: Shark Tank API pitches