What Happened to The Home T Shirt After Shark Tank?

What is The Home T Shirt?

The Home T-shirt is a beautiful way to show your state pride while helping MS research. All items are handcrafted and printed to the highest industry standards. They are not adorned with rhinestones.

The materials used to create The Home T-shirt are of high quality. The shirt is constructed of 100% combed ring-spun cotton, and the designs are sublimated for a high-end look.

The Home T-shirt is more than just a shirt; it’s a means to show the rest of the world how much you appreciate where you live. Currently, three states are available: Texas, Arizona, and Florida.

Who is the founder of The Home T Shirt?

Ryan Shell founded the business after moving from North Carolina to New York City in 2010. He craved for home, so he created a tee-shirt depicting his home state. The rest, as they say, is history.

Home T manufactures all its tee shirts in the United States of America. They also highlight the softness and comfort of their tees.

Each state in the United States has its tee shirt, and hats, onesies, hoodies, and pillows are all available. Each purchase contributes to the research activities of the Multiple Sclerosis Society. Mr. Shell has made over a million dollars in sales to date.

The Home T-shirt Company is a for-profit company that strives to give back to the community. They’ve made over 4 million shirts and contributed $1 from each one to the Multiple Sclerosis Society.

Now that you know the backstory of The Home T-shirt, you may get your state from their website.

Each shirt is handcrafted to your specifications and delivered in approximately a week. This is a fantastic present for someone who misses their hometown as well.

What Happened to The Home T Shirt at Shark Tank pitch?

Ryan Shell hopes to find a fit with a Shark as he pitches Home T, his brand of home state tee shirts, in Shark Tank Episode 628. He was looking for a Shark who could help him extend his business.

Ryan appeared on Shark Tank in seeking $250,000 in return for a 5% stake in his company, which is worth $5 million.

He makes his pitch and tells the Sharks that the idea for the shirts occurred to him while he was homesick for South Carolina.

He delivers the Sharks the “insanely soft” samples, but Robert was skeptical.

He made $1 million in revenue in his first year in business. He made $540,000 from a similar deal. When the Sharks look into Ryan, they learn he was a marketer who previously worked at a digital agency, which explains his marketing knowledge.

Kevin goes on a rant about how this isn’t proprietary and that he can do it himself.

Ryan claims that word of mouth generated most of his sales, and he spent less than $5000 on Facebook promotion. Robert and Mark are not persuaded.

Kevin states that T-shirts are just a commodity and opts out. Mark claims that it is uninvestable for him and exits. Ryan, Daymond thinks he was only there for a commercial, so he exits.

Robert was concerned that sales might stagnate, so he offered $250,000 in return for 35% company ownership.

Lori has entered the fray, offering $250,000 in return for 30% stock. Ryan suggests a 15% equity share, and Robert withdraws his offer.

Following a rebuke from Kevin, Ryan replies with $400,000 for 10% equity shares. Lori retracts her offer.

Daymond offers $250,000 for 20% stock shares as Ryan prepares to leave.

After some back and forth concerning valuation, Daymond withdraws his offer. Finally, Ryan exited the pitch without a deal.

What Happened to The Home T Shirt After Shark Tank?

Ryan revealed to Inc. Magazine after the performance why he refused Daymond. Daymond’s proposal valued the company at $1.25 million, the amount he made in sales in 2014.

Furthermore, he claimed that he feels the Sharks put you under pressure to accept unfair deals. Finally, voting with Daymond would have been the most straightforward course of action.

Ryan grew the company over time, introducing many more styles in addition to the state tee shirts.

As of February 2022, the firm was still in operation, with yearly revenue of $2 million.

Competitors of The Home T Shirt

Everlast T’s is The Home T Shirt’s primary competitor in the market.

Net Worth of The Home T Shirt

The firm was valued at $5 million during and after the pitch.

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The Home T Shirt FAQs

What is The Home T Shirt?

The Home T-shirt is a beautiful way to show your state pride while helping MS research. All items are handcrafted and printed to the highest industry standards.

Who is the inventor?

Ryan Shell invented The Home T-shirt Company after moving from North Carolina to New York City. He craved for home, so he created a tee-shirt depicting his home state.

How much did Ryan ask for on Shark Tank?

Ryan was looking for $250,000 for a 5% stake in his company. The deal was worth $5 million.

Did Ryan have the deal?

Ryan did not have the deal, and he returned home without a Shark Tank deal.

Is The Home T Shirt still in operation?

As of February 2022, Home T Shirt is still in operation.

Where is The Home T Shirt located?

The website for Home T Shirt is based in New York City.

What is the revenue?

As of February 2022, the Home T Shirt has an annual income of $2 million.

Where can I learn more about The Home T Shirt?

Customers may learn more about The Home T Shirt by visiting TheHomeT.com.

How much does The Home T Shirt cost?

The Home T-shirt sells for $24.99 on its website, while the retail price is around $32.99. Domestic orders cost $4 to ship, while international orders cost $7 to ship.

Why should I purchase The Home T-Shirt?

Purchasing The Home T Shirt will contribute to the advancement of multiple sclerosis research. Customers may search for their state on the internet or enter their location to order a tee-shirt with their state’s name.

What is the return policy for The Home T Shirt?

The Home T-shirt is returnable within 30 days. The product is available in sizes ranging from small to 4XL.

How many colors are available for The Home T Shirt?

There are at least 20 different colors available for the Home T-shirt. A regular order contains one tee shirt in each size.

Is there a warranty for The Home T Shirt?

If you are dissatisfied with your purchase, Home T-shirt will refund your money in full. Clients may expect the bespoke order to be dispatched within six weeks of submitting a completed order form if the bespoke order is not in stock.

Is free delivery available from The Home T Shirt?

The Home T-shirt provides free delivery on orders over $100 and regular postage on orders under $100.

Who is The Home T Shirt’s CEO?

Ryan Shell is the CEO and founder of Home T-shirt.