What Happened to Podillow after Shark Tank?
What is Podillow?
Podillow is a face down pillow that also serves as a head and neck support. One advantage is that it allows you to tan comfortably while lying down without having to rest your head on your hands.
When the other is a more comfortable choice for masseuses to utilize while massaging clients. Because of its plastic base, it resembles a massage cushion. It also has slots for daily items like keys, wallets, and sunglasses.
Podillow was founded by Anthony and Tina Calvert. Anthony is a twenty-year veteran of the San Diego Sheriff’s Department, and Tina is a stay-at-home housewife.
Who is the founder of Podillow?
Podillow was founded by Anthony and Tina Calvert. During his time with the Sheriff’s Department, Anthony was assigned to the SWAT team and suffered a dislocated shoulder during a training exercise, preventing him from lying face down in bed or sunbathing outside.
During his rehabilitation, he came up with the concept for the Podillow. He contacted other manufacturers to see whether they could construct it and, with Tina’s help, swiftly created a prototype.
The Podillow is touted as a solution for sunbathing, massage, and resting. It has a plastic base with compartments for tiny items like a mobile phone, MP3 player, or car keys.
Anthony and Tina continue to sell the Podillow through online retailers such as Amazon and mail-order catalog partners.
What Happened to Podillow at Shark Tank pitch?
In Shark Tank episode 113, Anthony and Tina Calvert present their invention, the Podillow. They’re seeking for a Shark with whom to work.
The Couples appeared on Shark Tank in seeking of a $250,000 investment in exchange for a 33 percent stake in their firm, which was valued at $757,576.
The Calverts were joined in the Tank by a bikini-clad model who demonstrated while Anthony told his story. The Sharks nod, but their attention is pulled to the pitch’s content—they want to hear about numbers.
The Podillow was created for around $7 and sold for $29.95. The stats may not appear to be outstanding, with 6,000 items sold in two years, but Kevin Harrington inquires about retail or catalog sales.
Anthony confirmed that they currently have buy orders with two huge catalog companies, Lillian Vernon and Solutions.
Kevin O’Leary explains it quantitatively. Using the $250,000 figure for a 33 percent stake in the company, he claims that the Calverts value their company at $750,000, despite the fact that they only make around $21,000 in sales each year.
He’s perplexed as to why they’re asking for so much. According to Anthony, their lack of resources has had a negative impact on their sales.
Robert Herjavec delivers a brief arithmetic lesson, indicating that the business was worth around $100,000 based on sales, making their request of $250,000 ridiculous.
The difference between the appraised and actual value was referred to by O’Leary as “the earth and the moon.” He exits. Kevin Harrington describes the product as “regional in character and seasonal.” He also exits.
Daymond John enjoyed both the story and the goods. “With this item, he can make them filthy rich,” he boasts. They did, however, make a tactical error, and it would all come down to value. At $250,000, he would need 200 percent ownership of the firm “sissy.” He exits.
Barbara Corcoran chastises the Calverts for failing to perform more study before entering the Shark Tank. “The money was screwed up,” she says, and she exits.”
They “need a little loan today, maybe $50,000 or $100, 000,” Robert Herjavec tells them. He, too, goes out because he thinks the numbers are skewed. The last Shark has gone out, and the Calverts have left the pitch without a deal.
What Happened to Podillow After Shark Tank?
Despite the fact that the Sharks did not purchase the company, the Podillow is still available on Amazon and the company’s website.
Despite the fact that the Podillow proposal was rejected by Shark Tank, the Calverts have continued to sell their product directly, presumably preserving their tiny business despite their early valuation mistakes.
Although the firm’s website was no longer operational as of July 2021, the pillows were still available on Amazon, and the company had an annual income of roughly $200,000 at the time. The firm went out of business, yet their product is still available on Amazon.
Competitors of Podillow
The Original Face Down Pillow, Face-Down Massager, and Deluxe Face Down Massager were Podillow’s major competitors.
Net Worth of Podillow
During and after the pitch, the firm was valued at $757,576. Since then, the firm has gone out of business but is still selling on Amazon; therefore the company’s net worth is unknown.
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What exactly is Podillow?
Podillow is a face down pillow that also serves as a head and neck support. The Podillow allows you to tan effortlessly while lying down without having to rest your head on your hands. Because of its plastic foundation, Podillow may also be used as an alternative to a massage cushion, allowing you to relax after a hard day of work or driving.
Who is the inventor?
Podillow was invented by Anthony and Tina Calvert. Anthony is a twenty-year veteran of the San Diego Sheriff’s Department, and Tina is a stay-at-home housewife.
How much were they seeking on Shark Tank?
They were looking for $250,000 for a 33% ownership in their firm, which was worth $757,576.
Were they able to close the deal?
They did not have a deal with the Sharks.
Is Podillow still in operation?
No, Podillow was no longer in business.
Was Podillow a Shark Tank contestant?
Yes, Podillow was on Shark Tank and was rejected by the Sharks.
Where could I find Podillow?
It was in the city of San Diego, California.
What is Podillow’s revenue?
Podillow’s revenue was not reported.
Who is purchasing Podillow through Amazon?
Podillow is being sold by Amazon vendors.
How much did Podillow set you back?
Podillow costs $29.95 + $15 for delivery.
Was Podillow a scam?
Podillow was not a scam.
What was the purpose of Podillow?
Podillow was used as a massage cushion and for face down tanning.
What was the return policy at Podillow?
It may be returned within 7 days if the purchaser did not like it.
How long did it take for Podillow to arrive?
It was ready in in 3-4 business days.
Were Podillow massagers more effective than Face Down Pillows?
Face Down Pillow was Podillow’s alternative product. It was a tanning pillow for face down sunbathing and a massage cushion. Face Down Massager costs $49.95, which is cheaper than the price of Podillow.
How did you find Podillow’s customer service?
Podillow’s customer service was not mentioned in the broadcast or on their website.
What method did I use to pay for Podillow?
PayPal or Amazon was accepted as payment methods.
How might I get rid of my Podillow?
The consumer might easily cancel by sending an email to customer support.
What is Podillow’s refund policy?
If it was disliked, it was made available within 7 days. The delivery time was three to four business days. Customers can also return their item within a week if they do not like it.
What material was Podillow constructed of?
The Podillow is filled with 100 percent polyester.
What is the best way to clean my Podillow?
Customers are encouraged to use moderate machine washing and light soap.
Is Podillow suitable for kids?
It was absolutely risk-free for kids. Because of the product’s substance, adults may carefully wash them, but youngsters were perfectly safe.