#Islide shark tank episode series

In 2015, Moore told GOBankingRates that First Defense Nasal Screens was a debt-free, multimillion-dollar company that was still privately owned and had licensing and distribution contracts all over the world. Turning down the $4 million 'Shark Tank' money doesn't seem to have hurt the company. Ultimately, Moore decided not to go through with the $4 million offer, but he did accept a smaller deal of $750,000 for a 30 percent stake and a 10 percent perpetual royalty - along with getting season tickets to the Dallas Mavericks. With an $8 million overseas contract in hand, he impressed several sharks with his potential and fielded offers that included a $4 million bid. Joseph Moore appeared on the second season of 'Shark Tank,' seeking $500,000 for 10 percent of his air filter company, First Defense Nasal Screens. Once again, the sharks offered to buy the container without the wine, and once again, Martin refused all of their offers.Īs of 2017, Copa Di Vino is worth more than $70 million as of this year, and it currently sells the product in convenience stores as well as hotel chains, supermarkets and sports arenas.įirst Defense Nasal Screens First Defense Nasal Screens Martin was invited to appear on the show again the following season after producers took notice of his booming sales - the company went from $600,000 to $5 million in sales in just a year, ABC reported. Martin turned down every offer he got, given he was not interested in selling the container without his own wine as part of the deal. Kevin O'Leary was interested in purchasing the patented container, but not the wine itself. He first appeared on Season 2 of the show, when he asked the sharks for a $600,000 investment in exchange for 30 percent of the business. James Martin pitched his product, Copa Di Vino - wine served in a patented single-serve plastic container - not once, but twice. Following the show, Nordstrom approached the company and the brand picked up celebrity endorsements from Boomer Phelps, Penelope Disick, and the Kardashians.X.Pérez / Wikimedia Commons CC-BY-SA 4 Copa Di Vino And like her fellow “Shark Tank” participants, she hasn’t looked back. She struck a deal with John for $150,000 in exchange for a 25 percent share in her company. Susan Petersen, founder of Freshly Picked, which launched in 2009 as an online business, made her “Shark Tank” appearance in 2014. “While it’s taken several years to get to the point where our customer base was large enough to have a successful equity crowdfunding raise, we already have more financial commitments than Kevin O’Leary offered us, at a much more favorable valuation.”Ĭhildren’s footwear brands have also had their show moments. In order to take the business to the next level, the company recently launched equity crowdfunding.

#Islide shark tank episode series

Today, said Phoenix, company sales have hit $2.7 million, with the line expanded from its original sandals to include athletic looks, causals and a series of boots set to debut this fall. While its own ecommerce business remains strong, in 2016, 35 percent of sales were generated from its wholesale and distribution partners. Since then, business has expanded to also include sales through Amazon, brick-and-mortar and international distributors. “We got in front of 8 million viewers.”Īccording to the entrepreneurs, in the week following the 2013 airing of the episode, d 3,000 sandal kits were sold through the company’s website. However, said Phoenix, the two believed O’Leary underestimated the value of their company and also walked away from the deal.Īlthough the couple, who had then been in business for 3.5 years, decided to push forward on their own, the “Shark Tank” appearance proved a positive experience. In February 2013, husband-and-wife team Lena Phoenix and Steven Sashen, co-founders of Xero Shoes, a collection of natural-movement footwear based on a barefoot-shoe philosophy, received a $400,000 offer from shark Kevin O’Leary for a 50 percent stake in their company. And the company is now getting into the college licensing game. “We’ve had so many more deals come from the exposure,” said Kettridge, citing retailers such as Neiman Marcus and Lids that have come on board. Business, however, has continued to soar.