Goumi Kids Shark Tank Tale

Shark Tank Pitch Recap

In Season 11 Episode 17 , Lili Yeo and Linsey Ebuen appeared on Shark Tank seeking $1 Million for 8% – a $8 Million valuation for their organic baby essentials, Goumi Kids.

Here’s a quick recap before we dive into the Goumi Kids Shark Tank update.

• : Their marketing sucks and they haven’t been good at telling their story through their product and branding.
  Out
• : Thinks it’s going to be very hard and they’re grossly priced.
  Out
• : Loves what they’re doing butit’s not the right model for her.
  Out
• : Doesn’t want to downplay what they’ve done but the valuation is crazy.
  Offer: $1 Million for 33.3%
• :
  Offer: $1 Million as a line of credit for 10%
• :
  Counter Offer to Daymond: $1 Million for 15%