What Happened to Shemie After Shark Tank?
What is Shemie?
Shemie was an ultra-soft and opulent layering piece. The Shemie is a versatile garment that may be worn as a dress, a slip, or a nightgown. It is a contemporary interpretation of the traditional women’s slip.
Who was the Founder of Shemie?
Shemie was founded by Shelton Wilder
Shelton Wilder spent years as a shopper and personal stylist for Nordstrom’s and identified a need for women of all sizes to wear comfortable, trendy, and appealing slips.
What Happened to Shemie at the Shark Tank?
Wilder went on Shark Tank hoping to secure a $60,000 investment in return for a 20% stake in The Shemie. This suggests a $300,000 valuation for the Company.
Then she continues, “For quite some time, the woman’s slip has been in desperate need of an update.”
This is when the Shemie enters the fray.
She has elevated the slip to a seductive wardrobe staple for all women. She has created a range that is flattering on all body types, with a fabric that is both smooth and seductive.
Wilder enthusiastically dives right into the Sharks’ questions following her exhibition of her wares. Kevin O’Leary asks if this type of outfit might be particularly appealing to curvier women.
According to Wilder, the Shemie is intended to be a comfortable addition to a woman’s wardrobe.
Lori Greiner is cautious of verbal commitments, but the business is just six weeks old.
This seems to have taken the Sharks completely by surprise.
Robert Herjavec’s initial inquiry is to ascertain whether she has any sales.
As of today, a few sites have placed soft orders. This means that they will place orders immediately upon Wilder’s completion.
This is simply a “long way of saying you don’t have any sales,” according to O’Leary.
O’Leary is unsatisfied with the value of her business after discovering she has no sales. She estimates the worth of The Shemie at $300,000 and is seeking a $60,000 investment.
O’Leary finds this ludicrous and wants an explanation.
Wilder defines herself as a driven hustler who is unafraid to take risks.
She will exert considerable effort to promote this product, as it is her desire to make women feel wonderful.
O’Leary is not convinced that this is sufficient because she still cannot guarantee the profitability of The Shemie. As a result, he will not give her any money.
The Sharks like her candour and evidently respect her story. On the other hand, Herjavec remains mystified.
Because building a brand is tough, he sees no reason for her to relinquish a name that has already shown to be successful.
Wilder explains that her former brand evoked unpleasant feelings in her and that she sought a new beginning.
O’Leary appears to be the only one who is unconcerned with her refusal to come out and acknowledge her addiction.
He lunges at her, and it appears as though he has gone too far. Greiner contributes her two cents to the discussion.
She admires Wilder’s courage in approaching them now, and she understands her predicament.
She also like the product, however the issue is that similar things are accessible.
On the other side, Wilder have the will and determination to see it through.
Greiner feels she is not in need of their investment since she is capable of doing things on her own.
Three more Sharks are still in the tank. Mark Cuban, Daymond John, and Robert Herjavec appear to share the same sentiment.
Wilder is deserving of another chance. Having said that, the business is still young.
The Shemie has no sales and no way of knowing if it will succeed or fail. As a consequence, they all decline to make her an offer gently and wish her the best of luck.
What Happened to Shemie After Shark Tank?
Despite the lack of an investment opportunity, Wilder did not suffer a setback.
Shelton Wilder has taken Greiner’s advice to heart, launching a Kickstarter campaign to coincide with the Shark Tank Show’s premiere.
She’d anticipated the show and launched a Kickstarter campaign immediately after it aired.
She was able to earn $30, 000 through a Kickstarter campaign as a result of her presence on Shark Tank.
The Shemie had multiple fashion appearances, and Wilder’s product was featured in several of the world’s most famous fashion magazines, including Vogue, Glamour, and Cosmo.
Wilder had launched his business effectively on Shark Tank, despite the fact that he had not yet made a single sale!
The Shemie is no longer manufactured.
What is the Net Worth of Shemie?
Wilder went on Shark Tank hoping to secure a $60,000 investment in return for a 20% stake in The Shemie. This suggests a $300,000 valuation for the Company.
Who are the Competitors of Shemie?
There are no known competitors for Shemie.
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FAQS of Shemie
Who was the founder of Shemie?
Shelton Wilder established Shemie.
What is Shemie?
Shemie is an ultra-soft and opulent layering piece. The Shemie is a versatile garment that may be worn as a dress, a slip, or a nightgown.
When did Shemie featured on Shark Tank?
Shemie was a guest on Shark Tank on October 26, 2012.
Did a Shemie secure a deal with Shark tank?
No, Shemie has not landed a deal with the Sharks.
What happened to Shemie at the shark tank?
Shemie debuts on Shark Tank in the intention of obtaining a $60,000 investment in exchange for a 20% stake in Shemie.
What happen to Shemie after shark tank?
Shemie has partnered with high-profile retailers such as Nordstrom, Saks Fifth Avenue, Macy’s, and Target.
Additionally, Wilder has appeared in a slew of fashion periodicals, ranging from Vogue to Glamour.
What was Shemie net worth?
Wilder went on Shark Tank hoping to secure a $60,000 investment in return for a 20% stake in The Shemie. This suggests a $300,000 valuation for the Company.
Is Shemie still in business?
Shemie discontinued manufacturing in 2015.
