Shark Tank Pitch Recap
In Season 11 Episode 7 , Duc and Lisa Nguyen appeared on Shark Tank seeking $100,000 for 15% of their kids’ bauble shoes, Baubles and Soles.
Here’s a quick recap before we dive into the Baubles and Soles Shark Tank update.
- : This is challenging for him because of the inventory needs. From his experience, inventory has killed more businesses than the plague.
- : It’s a cute product but doesn’t love it
- : It’s a great product but it’s not obviouslly different. they’re still looking for accelerants, because they haven’t figured out how to market it.
Out
- : “You’ve actually comin with a remarkable presentation and a realistic value. I just don’t want to be in the shoe business”.
Out
- : Feels its going to be tough because of how competitive and tough the shoe business is
Out
- : Offers to de-risk the deal by paying back the investment within 2 years.
- : Is sold by her no-quit attitude
Counter Offer: $100K for 25%
Episode Info
| Season 11 Episdoe 7 |
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| Episode Number | |
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| Network | |
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| Air Date | November 10, 2019 |
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Pitch Info
| Business Pitch | shoes with customizable baubles |
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| Entrepreneur/Founder | Duc Nguyen and Lisa Nguyen |
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| Asked For | $100,000 for 15% |
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| Deal | $100,000 for 25% |
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| Shark | Daymond John |
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Business Info
| Business Status | In Business |
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| Estimated Valuation | |
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| Website | baublesandsoles.com |
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I ordered a pair of these shoes the day that Shark Tank aired the product. Got it, COVID-19 yah-dah, yad-dah. When will I receive my shoes?
I THOUGHT THIS WAS A QUOTE FROM BARBARA CORCORAN AT FIRST LMAO
I hope you got your shoes Barbara.
I loved their story and hope all is well.