BAOBAB Shark Tank Update| What Happened to BAOBAB after Shark Tank?
What is BAOBAB? Who is the founder of BAOBAB?
BAOBAB Clothing is a company that specializes in developing and producing high-quality, durable, and soft polo shirts using advanced nanotechnology to prevent wrinkles, stains, fading, and smells.
The company was founded in 2017 by Brandon Davenport and Marcellus Alexander, who were inspired to create a better quality polo shirt after being dissatisfied with the low-quality options available on the market.
They raised funds through successful Kickstarter and IndieGoGo campaigns and began shipping their shirts, which feature a unique stay-flat collar and a microfiber cloth sewn inside the inner bottom right of the shirt for cleaning glasses and smart device screens, roughly nine months after the campaigns ended.
The shirts are available in black, blue, white, and grey and cost $88 for a short sleeve and $98 for a long sleeve.
What Happened to BAOBAB at Shark Tank pitch?
In episode 1104 of Shark Tank, Brandon Davenport and Marcellus Alexander III presented their company, BAOBAB, a polo shirt company that uses advanced nanotechnology to create durable, wrinkle-free, and stain-resistant shirts.
They asked for $150,000 in exchange for 10% stake in the company, which was valued at $1.5 million.
The Sharks liked the product but were concerned about the low sales figures, which were only $83,000.
Robert, Kevin, Daymond, and Lori all decided not to invest, and Mark felt that the entrepreneurs were too focused on getting a deal from the other Sharks, so he also passed. Ultimately, the pitch was unsuccessful, and the team left the Shark Tank without a deal.
What Happened to BAOBAB after Shark Tank?
After appearing on Shark Tank, BAOBAB Clothing continued to operate and sell their products on their website.
The company diversified their product line by adding face masks during the pandemic. They also raised additional funds through a crowdfunding campaign on Republic in April 2021.
As of January 2022, the company reported $1 million in annual revenue.
Net Worth BAOBAB
The net worth of BAOBAB Clothing was valued at $1.5 million during and after their pitch on Shark Tank. However, with the company’s reported annual revenue of $1 million, the net worth of the company has likely increased since then.
BAOBAB FAQs
What is BAOBAB?
BAOBAB Clothing is a polo shirt company founded in 2017 that focuses in researching and manufacturing polo shirts with increased adaptability, durability, and softness.
It makes use of cutting-edge nanotechnology to prevent wrinkles, stains, fading, and odors. Most importantly, the product is currently the world’s top smart premium polo shirt.
Who is the founder?
Brandon Davenport and Marcellus Alexander III created the firm.
The firm name was inspired by the Baobab tree. It is a tree that may be found in both Africa and Australia, and it feeds people who gather its fruit and water.
According to mythology, the tree may survive for hundreds of years and feeds people who collect its fruit and water. Their clothes are meant to last a long time.
How much were they seeking on Shark Tank?
They were seeking for $150,000 for a 10% stake in the company, which is worth $1.5 million.
Did they have the deal?
No, they didn’t have any deal.
Is BAOBAB still in business?
Yes, it’s still in business as of January 2022.
Where is the location of BAOBAB?
They are based in New York City.
What is BAOBAB website?
The firm is represented by a website. The website is located at http://www.baobabclothing.com/.
What is the URL of BAOBAB Facebook page?
The firm’s Facebook page is found at https://www.facebook.com/baobabclothing/.
How do I contact BAOBAB?
For further information, customers can email them at [email protected].
What is the market size of BAOBAB?
The market size of BAOBAB is $1 million.
What are BAOBAB products?
They sell polo shirts, casual coats, and women’s products. Their clothes have built-in adaptability, durability, and softness using nanotechnology.
The material is resistant to wrinkles and stains and is colorfast and pre-shrunk. It cleans glasses and smart devices using the shirt itself.
How many colors are BAOBAB sell?
They are currently selling the BAOBAB polo shirt in three colors: black, blue, and white.
Is BAOBAB profitable?
Yes, they are profitable.
Is BAOBAB shipping their product?
They are shipping their product as of January 2022.
What is the shipping cost of BAOBAB?
Shipping costs vary depending on the shirt. Their shirts are available for $88 for short sleeves and $98 for long sleeves.
How to Begin a Return?
To begin the return, simply go to The BAOBAB Returns Center and input their order number and zip code.
They will give customers a return postage slip to use to mail their clothing back to our shipping facility in order to complete their return. They will give their refund after the shirts have been received and satisfactorily examined.
When will my order be delivered?
They guarantee that each order will be delivered to customers as soon as possible. Monday through Friday, orders are handled. Depending on the time of day they order, they have a 1-2 day processing time. Depending on the shipping option selected after checkout, delivery takes between 1 and 5 days.
How do I pay BAOBAB?
They accept payment through PayPal only.
Is BAOBAB affiliate program?
No, they do not have an affiliate program.
Is BAOBAB offer discount?
They offer a discount to students and teachers; there is a 10% off for orders of $100 or more for students and 20% off for teachers, both are valid on their website.
Do they offer free shipping?
Yes, all of their shirts include free shipping.
Where are the founders now?
Brandon Davenport and Marcellus Alexander are still working on the business as of January 2022. Brandon has since founded a company named BluPanther while Marcellus is now working at the MIT Media Lab in Cambridge, Massachusetts.
What is the net worth of Brandon Davenport?
The net worth of Brandon Davenport is not available.
What is the net worth of Marcellus Alexander?
The net worth of Marcellus Alexander is not available.
