SmartGurlz Shark Tank Update

SmartGurlz Shark Tank Pitch

Sharmi Albrechtsen appeared on Shark Tank Season 9, Episode 10, which aired on November 11, 2017, with fun and easy way for girls to learn how to code with dolls.

SmartGurlz is listed in the Education category. In plain terms, the business is described as fun and easy way for girls to learn how to code with dolls.

SmartGurlz asked the Sharks for $200,000 for 5%, implying a valuation of about $4 million.

On the show, SmartGurlz made a listed deal with Daymond John for $200,000 for 25%.

If treated as straight equity, the listed deal works out to about $800,000 implied valuation, down from the original $4 million implied valuation.

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

SmartGurlz After Shark Tank

Sources