Beddley Duvet Shark Tank Update | What happened to Beddley Duvet after the Shark Tank Pitch?
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What is Beddley Duvet?
Beddley Duvet is a firm that designed a one-of-a-kind cover that can be simply fitted to a duvet using ties and zippers.
They have two types, Sleep Easy and Zero Stress, both of which offer a straightforward solution to the intricacy of fitting a duvet cover and are constructed of 100 percent Egyptian cotton.
A queen size cover costs $139, while a king size cover costs $149. The Zero Stress line is available in three colours and costs $165 for a queen and $185 for a king.
The Beddley duvet cover zips and unzips on three sides. There will be no more strain as you try to stuff the insert into the cover or shake it into place. Simply unzip the cover, add the insert on top, and zip it up again.
It’s so simple that even individuals with limited mobility can do it. It’s so simple that even children can do it—they might even like making their beds! The Beddley cover is available in three different sizes: Twin/Twin XL, Full/Queen, and King/California King.
Who is the Founder of the Beddley Duvet?
Lola Ogden, an inventor, attended Arizona State University and holds an MBA from Columbia Business School.
Despite her STEM (chemical and physics) training, her career has been focused on finance and technology, with the majority of her experience in the financial business.
This is not Ogden’s first foray into entrepreneurship; she also founded GapEnder, a women’s clothing solution for assuring the optimum fit to dress shirts.
Being fed up with the everyday task of stuffing her duvet into the duvet cover! She reasoned that there has to be a way to simplify the procedure! Beddley helped her find a solution.
The company’s objective is to develop solutions that address everyday difficulties and improve people’s quality of life.
What happened to Beddley Duvet Shark Tank Pitch?
Lola appears on Shark Tank season 11 episode 18 in search of $150,000 for a 10% stake in her company. This translates to a $1.5 million valuation.
The Sharks are just moderately interested when she shows the goods. When the Sharks find she barely has $12,000 in sales for the year, they shudder and reject her assessment.
So far, Beddley has appeared in two Macy’s pop-up stores and is attempting to get it on QVC.
Lori’s ears perk up at the thought of QVC, and she declares that she believes it is of high quality. Unfortunately, she says it’s not for her and is the first to leave without giving any other reason.
Mark thinks he likes the entrepreneur and the items, but not so much the sales statistics. He then points out that she hasn’t budgeted adequately for marketing.
Marketing, according to Daymond, is a money pit. He says he believes the product is a fantastic idea, but he’s out since she hasn’t sorted out her sales.
Meanwhile, Robert admires her entrepreneurial drive and believes that anybody who begins a new firm is making a brave move, but the entrepreneur hasn’t done a good enough job of describing how Beddley would earn his money, so he withdraws.
Finally, Mark claims that Beddley made the same error as many other new firms in believing that a lack of promotion is the sole thing stopping significant sales. As a result, he withdraws.
Mr. Wonderful had nothing further to say about the offer save, “No. Never. No. I’m out.” Which, you know, is something an entrepreneur can truly take back and use to her business.
Beddley was unable to strike a bargain with any of the sharks.
Beddley Duvet after the Shark Tank Pitch
Despite the fact that Beddley did not receive a sale, the company continues to operate. Due to the Covid-19 epidemic, most goods are out of supply as of June 2020.
She’s back in business and has $4 million in lifetime sales as of June 2021.
In November 2021, she resume selling on a “pre-order” basis, with delivery taking place “before Christmas.” Those deliveries did arrive before Christmas, and it appears that the supply chain concerns have been fixed – for the time being.
Beddley Duvet Net Worth
Lola appears on Shark Tank season 11 episode 18 in search of $150,000 for a 10% stake in her company. This translates to a $1.5 million valuation.
Beddley Duvet Competitors
There is no competitor identified for Beddley Duvet.
Beddley Duvet FAQS
What is Beddley Duvet?
Beddley Duvet is a firm that designed a one-of-a-kind cover that can be simply fitted to a duvet using ties and zippers.
Who is the creator of Beddley Duvet?
Lola Ogden, an inventor, attended Arizona State University and holds an MBA from Columbia Business School.
Despite her STEM (chemical and physics) training, her career has been focused on finance and technology, with the majority of her experience in the financial business.
How much was she seeking in the Shark Tank Pitch?
She was seeking $150,000 for a 10% stake in her company. This translates to a $1.5 million valuation.
Did she get the deal from the Sharks?
No. Beddley was unable to strike a bargain with any of the sharks.
What are the main features of Beddley Duvet?
Beddley Duvet zips and unzips on three sides. There will be no more strain as they try to stuff the insert into the cover or shake it into place.
Is Beddley Duvet still in business?
In November 2021, she resume selling on a “pre-order” basis, with delivery taking place “before Christmas.” Those deliveries did arrive before Christmas, and it appears that the supply chain concerns have been fixed – for the time being.
What episode was Beddley Duvet featured?
Lola appeared on Shark Tank season 11 episode 18.
When was Beddley Duvet aired on Shark Tank?
The episode was aired on April 3rd, 2020.
Where is Beddley Duvet located?
Beddley Duvet is located in Los Angeles, California.
How much is Beddley Duvet cost to purchase?
It cost $57.50 to create one Beddley and is sold for between $130 and $140.
What is net worth of Lola Ogden?
Lola Ogden’s net worth is unavailable.
