What Happened to Love Is Project after the Shark Tank Pitch?
What is the Love Is Project?
Love is Project is a company that creates bracelets that are cleverly designed to promote love. The bracelet is made of high-quality beads that have been meticulously crafted into a gorgeous ornament.
The bracelets from the Love is Project are available in a variety of beautiful colours. The bracelets are loaded with the powerful word “love,” which helps people thrive in a tough environment.
Who is the Inventor of the Love is Project?
Chrissie Lam and her mother, Gladys Lam, established and operate the Love is Project Company.
Chrissie graduated from Parsons School of Design with a BFA in Fashion Design 20 years ago and spent 12 years working in corporate fashion in New York City as a Concept Designer-Trend Forecaster for American Eagle and Abercrombie & Fitch.
She resigned to devote her time to the love is Project initiative.
Chrissie, a travel enthusiast, visited Kenya, a country with a rich cultural heritage. Chrissie met a group of Kenyan females who made lovely beaded items.
She appreciated the items and pictured herself making bracelets that radiated love and understanding with the beads.
In principle, the wristbands have efficiently distributed love over the world, and people enjoy them.
The Love Is Project Company is expanding. They also make necklaces, pet collars, and a range of other beaded goods in addition to bracelets.
As a result of the company’s success, artisans and bracelet dealers have found jobs.
Chrissie has worked with women in Kenya, Indonesia, and Ecuador, among other places. Over 2000 women from ten different countries currently make Love Is Project bracelets.
Love is Project, like any other business, has had its challenges.
Notably, as the firm has grown, it has had financial challenges, prompting it to go into debt.
What Happened to the Love Is Project Pitch on Shark Tank?
Chrissie and Gladys went on Shark Tank season 12 episode 10 in pursuit of $250,000 in exchange for a 5% share in their business. This corresponds to a $5 million valuation. Chrissie talks about the firm and hands out samples.
She claims she requires cash on hand in order to increase her products and online presence.
Her $4 million in lifetime sales is valued by the Sharks, but her debt is not. Finally, she is unable to connect with any of the Sharks, who are confused if the firm is a charity or a business, and the ladies are unable to get a contract.
What Happened to Love Is Project Following the Shark Tank Pitch?
The company is still in business and has various celebrity endorsements. Chrissie claims that she has spent thousands of dollars on her supply chain and that her digital marketing has “turned the corner.” By July 2021, she had more than doubled her previous year’s sales, bringing in $3 million.
What is Love Is Project’s Net Worth?
Chrissie and Gladys went on Shark Tank season 12 episode 10 in pursuit of $250,000 in exchange for a 5% share in their business. This corresponds to a $5 million valuation.
The current valuation is clearly greater since the company has developed.
Who are Love Is Project’s Competitors?
Love Is Project does not have any competition.
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Love Is Project FAQS
1. What is Love Is Project’s mission?
Love is Project promotes love and a sense of humanity. It “promotes humanitarian philanthropy that helps its artisans earn a living in the developing world.”
2. Who is the CEO of Love is Project?
Chrissie Lam and her mother, Gladys Lam, are the founders of Love Is Project.
3. What are Love Is Project’s products?
Love Is Project has bracelets, necklaces, pet collars, and other beaded goods. The bracelets are available in a variety of colours and a variety of designs.
4. How much was they seeking in the Tank?
The Love Is Project was seeking $250,000 in exchange for 5% equity. This corresponds to a valuation of $5 million.
5. What was their deal with the sharks?
The Sharks were confused about the nature of their business, which is a for-profit company that helps women earn money in the developing world by selling beaded jewellery.
Love Is Project is on Facebook, Twitter and Instagram.
7. Is Love Is Project still in business?
Yes, they are still in business as of July 2021.
8. What is Love Is Project’s revenue?
Chrissie claims that she has spent thousands of dollars on her supply chain and that her digital marketing has “turned the corner.” By July 2021, she had more than doubled her previous year’s sales, bringing in $3 million.
9. What is the website of Love is Project?
Their website is www.loveisproject.com
10. How old is Love is Project?
Love Is Project was founded in 2017.
11. When was Love Is Project featured on Shark Tank?
The Company was featured on Shark Tank season 12 episode 10 in January 15th, 2021.
12. Where is Love Is Project located?
The Love Is Project office is located in San Francisco, California, United States.
13. How Chrissie Lam did came up with the idea?
Chrissie, a travel enthusiast, visited Kenya, a country with a rich cultural heritage. Chrissie met a group of Kenyan females who made lovely beaded items.
She appreciated the items and pictured herself making bracelets that radiated love and understanding with the beads.
14. How can they buy Love Is Project’s products?
They can purchase their products on their website: www.loveisproject.com
15. Do they ship?
Yes, they ship worldwide.
16. How long does it take to deliver Love Is Project?
It takes 1-10 business days to deliver the order depending on the destination and shipment method.
17. How do they initiate a return or exchange?
Please send an email to [email protected] with their order number and the reason for their return or exchange request.
