Shark Tank Pitch

Seasons 6+ pages were generated with help from AI. Seasons 1-5 were researched and written by hand.

Sand Cloud Shark Tank Update

2m

Fitness Outdoors

Pitch Overview
NameSand Cloud
Main PresentersBrandon Leibel, Steven Ford, Bruno Aschidamini
Order Shown in Episode1
Final DealDeal was made on the show with sharks Robert Herjavec for $200,000 for 15%.

Sand Cloud Shark Tank Pitch

Brandon Leibel, Steven Ford, and Bruno Aschidamini appeared on Shark Tank Season 8, Episode 18, which aired on February 23, 2017, with stylish Turkish beach towels with an environmental cause.

Sand Cloud is listed in the Fitness Outdoors category. In plain terms, the business is described as stylish Turkish beach towels with an environmental cause.

Sand Cloud asked the Sharks for $200,000 for 8%, implying a valuation of about $2.5 million.

On the show, Sand Cloud made a listed deal with Robert Herjavec for $200,000 for 15%.

If treated as straight equity, the listed deal works out to about $1.3 million implied valuation, down from the original $2.5 million implied valuation.

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

Offers

Made ByLabelSharks Part of DealSummary
CompanyOffered$200,000 for 8%
SharksDealRobert Herjavec$200,000 for 15%

Updates in Shark Tank Episodes

Update SeasonUpdate Episode
No Episode Updates

Sand Cloud After Shark Tank

Sand Cloud accepted an on-air deal with Robert Herjavec for $200,000 for 15% equity. (SandCloud Shark Tank Blog update ).
The company saw a major Shark Tank bump, with the site jumping from a prior high of about 600 daily hits to roughly 13,000 hits in one day after the episode. (SandCloud Shark Tank Blog update ).
The brand broadened from beach towels into a larger beach lifestyle line and continued tying the business to marine-conservation donations. (SandCloud Shark Tank Blog update ).
Follow-up reporting puts Sand Cloud at about $7 million in annual revenue, with products sold through its website, Amazon and more than 1,400 beach shops nationwide. (SandCloud Shark Tank Blog update , Sand Cloud Shark Tank Recap update ).

Sources

Sources used for this page: Shark Tank API pitches , Shark Tank API episodes , sharktankblog.com , sandcloud.com , Shark Tank Recap .

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