Combat Flip Flops Shark Tank Update | Combat Flip Flops after the Shark Tank Pitch

What is Combat Flip Flops?

Combat Flip Flops is a company that produces designer sandals and other fashion accessories that are crafted by artisans in areas affected by conflict and war, such as Afghanistan.

Founded in 2011 by Matthew Griffin and Donald Lee, the company aims to aid vulnerable groups living in war-torn regions by creating jobs and funding education through the sale of their products.

Their signature flip flops are made in Bogota, Colombia using combat boot soles and for every pair sold, they sponsor an Afghan girl’s education for two days.

They also sell sarongs made by Afghan women, with each purchase funding a week of school for a girl, and Peacemaker Bangles made from bomb materials by Laos artists, with each bangle sold helping to clear 3 square meters of unexploded ordnance.

Despite facing challenges, the company continues to grow and donates a portion of their sales to various organizations such as Aid Afghanistan for Education, Mines Advisory Group, Team 5 Medical Foundation, and THE STATION Foundation.

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Who is the Founder of Combat Flip Flops?

Donald Lee and Matthew Griffin.

What happen to Combat Flip Flops at the Shark Tank Pitch?

On Shark Tank season 7 episode 16, Donald and Matthew presented their company to the Sharks in search of a $150,000 investment for a 10% stake in their firm, valuing their company at $1.5 million.

They explained that their company focuses on developing “badass items in risky locations” and that they wanted the Sharks to be part of their “unarmed army.”

They discussed the origins of their products and how they believe companies are more powerful than weapons. The Sharks were interested in the idea, but had concerns about the scalability and focus of the company.

In the end, Mark Cuban and Daymond John offered to invest $200,000 for a 30% stake in the company, with Lori Greiner joining as a partner in the venture.

Combat Flip Flops after the Shark Tank Pitch

The transaction with the Sharks has been completed, and the company’s website reflects their dedication to utilizing technology to improve customer service and delivery times.

Combat Flip Flops has made a positive impact on the world by supporting organizations that educate young Afghan women and clear land mines.

The company’s goal, with the help of their Shark partners, is to offer high-quality products while also making a positive difference in the world.

As of April 2021, the company was still in operation and generating $1.6 million in annual revenue. However, when the United States military withdrew from Afghanistan in August 2021, the company was forced to close its manufacturing operations there.

The company attempted to relocate its Afghan staff, and the CEO wrote a blog post criticizing the American involvement in Afghanistan during the evacuation, stating that he believes major tech and media companies are trying to silence him because he wants Americans to understand what is happening in Afghanistan.

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Combat Flip Flops Net worth

On Shark Tank, Donald and Matthew sought $150,000 in exchange for a 10% stake in their company, indicating a valuation of $1.5 million.

However, they ultimately accepted an offer from the Sharks of $300,000 for a 30% stake, indicating a revised valuation of $1 million.

Combat Flip Flops Competitor

Top Competitors of Combat Flip Flops are categorized as follows; Flip Flop Shops, Base Fashion, Belldini, Stickboy Coffee, Direct Digital, Deidaa and T-Shirts.com.

Combat Flip Flops FAQS

What exactly is Combat Flip Flops?

Combat Flip Flops is a firm that provides designer sandals and other fashion accessories that are handcrafted by local artisans in dangerous and war-torn areas such as Afghanistan.t.

Who is the founder of Combat Flip Flops?

Donald Lee and Matthew Griffin.

How much were they asking in the Shark Tank?

They were asking for a total of $150K in exchange for 10 percent of their company.

Did they get the deal from the Sharks?

Yes they did get the deal from the Shark Tank.

How much was the deal?

The deal they received from the sharks was $300,000 for a 30% stake in their company.

Is Combat Flip Flops still in business?

As of April 2021, the corporation continues to operate and fulfil its social objective. They shut down factories in Afghanistan after US troop’s withdrawal in Augusts 2021.

Where are Combat Flip Flops made?

Combat Flip Flops footwear is created in Bogota, Colombia by a number of family-owned firms. Combat Flip Flops shemaghs are manufactured at two Afghan textile companies in Kabul.

Is Combat Flip Flops veteran owned?

Combat Flip Flops is a veteran-owned business that sells a range of items, ranging from the aforementioned flip-flops to sweatshirts and masks.

Should flip-flops be tight or loose?

The thong portion of the flip-flop should fit snugly, but not too loosely. Straps that are overly tight may rub against the skin and create blisters.

Straps that are too slack may cause them to lose their shoe at a vital moment, resulting in harm.

How much does it costs?

They cost $20 to manufacture and $5 to ship, and retail for $70.

What are strengths of Combat Flip Flops?

Combat Flip Flops is one of the few companies that have physically supplied flip-flops to children in Afghanistan.

What are weaknesses of Combat Flip Flops?

Combat Flip Flops does not manufacture their products domestically.

Where can they buy Combat Flip Flops?

Combat Flip Flops is available for purchase on the company’s website and on amazon.

What is combat flip flops strategy?

The Brand Combat Flip Flops offers peaceful, forward-thinking chances for self-determined entrepreneurs who have been impacted by warfare.

Their willingness to take calculated risks, establish community ties, and create distinctive designs express Their “Business, Not Bullets” strategy – reversing the conventional wisdom about how conflicts are fought.

The Brand Combat Flips opened their first international office in the United States, where they are working to stabilize the many countries that have been impacted by war and violence.

What is the net worth of Matthew Griffin?

Unknown.

What is the net worth of Donald Lee?

Unknown.