Shark Tank Pitch

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Eggmazing Shark Tank Update

2m

Other


Pitch Overview
NameEggmazing
Main PresentersCurtis McGill, Scott Houdashell
Order Shown in Episode1
Final DealOffer made from sharks

Eggmazing Shark Tank Pitch

Curtis McGill and Scott Houdashell appeared on Shark Tank Season 9, Episode 23, which aired on February 17, 2018, with egg decorating kit.

Eggmazing is listed in the Other category. In plain terms, the business is described as egg decorating kit.

Eggmazing asked the Sharks for $350,000 for 7%, implying a valuation of about $5.0 million.

On the show, Eggmazing made a listed deal with Lori Greiner for $350,000 for 10% + $2 royalty until she's paid back.

If treated as straight equity, the listed deal works out to about $3.5 million implied valuation, down from the original $5.0 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
SharksDealLori Greiner$350,000 for 10% + $2 royalty until she's paid back
CompanyOffered$350,000 for 7%


Updates in Shark Tank Episodes

Update SeasonUpdate Episode
No Episode Updates

Eggmazing After Shark Tank

Eggmazing accepted Lori Greiner's on-air deal for $350,000 for 10% equity plus a royalty component. (Eggmazing Shark Tank Update

Link Preview

Eggmazing Shark Tank Update

https://www.sharktankblog.com/business/eggmazing/

).

The company, Hey Buddy Hey Pal, used Shark Tank attention to expand beyond the original egg decorator into ornament decorators and other seasonal products. (Eggmazing Egg Decorator Shark Tank Update

Link Preview

Eggmazing Egg Decorator Shark Tank Update

https://www.sharktankblog.com/business/eggmazing-egg-decorator/

, Hey Buddy Hey Pal website

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Hey Buddy Hey Pal website

https://heybuddyheypal.com

).

Update sites later placed annual revenue around $5 million and noted continued Walmart distribution, giving the company a real retail footprint in seasonal craft products. (Eggmazing Shark Tank Update

Link Preview

Eggmazing Shark Tank Update

https://sharktankrecap.com/eggmazing-update-shark-tank-season-9/

, Eggmazing Egg Decorator Shark Tank Update

Link Preview

Eggmazing Egg Decorator Shark Tank Update

https://www.sharktankblog.com/business/eggmazing-egg-decorator/

).

Sources

Sources used for this page: Shark Tank API pitches

Link Preview

Shark Tank API pitches

https://www.sharktank-api.dev/pitches

, Shark Tank API episodes

Link Preview

Shark Tank API episodes

https://www.sharktank-api.dev/episodes

, sharktankblog.com

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sharktankblog.com

https://www.sharktankblog.com/business/eggmazing/

, sharktankblog.com

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sharktankblog.com

https://www.sharktankblog.com/business/eggmazing-egg-decorator/

, sharktanktales.com

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sharktanktales.com

https://sharktanktales.com/business/eggmazing-egg-decorator/update/

, Shark Tank Recap

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Shark Tank Recap

https://sharktankrecap.com/eggmazing-update-shark-tank-season-9

, heybuddyheypal.com

Link Preview

heybuddyheypal.com

https://heybuddyheypal.com

, Shark Tank Recap

Link Preview

Shark Tank Recap

https://sharktankrecap.com/eggmazing-update-shark-tank-season-9/

.


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