Face Blok Shark Tank Update | Face Blok after Shark Tank Pitch
Table of Contents
What is Face Blok?
Face Blok is a line of fashion surgical masks for persons with an edgy sense of humour who want to express themselves.
Irina Blok is the founder of the business, Irina Blok hails from an engineering family. She moved to the United States when she was 18 years old to pursue her goal of becoming a designer.
She began her career at Landor Associates, where she worked on designs for companies such as FedEx, Apple, Yahoo, and Adobe, among others.
Blok saw a need for a more playful approach to the surgical masks that had suddenly become commonplace with the emergence of swine flu.
She believed that a designer’s approach to medical equipment would lighten the mood in difficult circumstances and allow patients and physicians to smile when things were bleak.
Who Founded Face Blok?
Irina Blok founded the Face Blok Company in New York City in 2009.
What happen to Face Blok at the Shark Tank Pitch?
Blok enters the Shark Tank wearing a white mask with the word “oink” printed across the front, which she designed.
She explains that she is looking for a $50,000 investment in return for a 30% stake in her firm. This implies a valuation of @166,666.66.
She displays a slew of mannequins dressed in her masks. Barbara Corcoran appears pleased and little concerned by one with a stylized skull. Blok gives each Shark his own mask.
Kevin O’Leary gets them back on track by asking whether Blok has any interest or orders.
She says that after the masks were aired on Fox and the Sydney Morning Herald, her website had over 700,000 hits and she was contacted by a large Pediatric hospital.
Her sales, on the other hand, were less outstanding. Only 200 Face Blok masks were sold by her. The Sharks are plainly disappointed by the poor sales and the lack of standing orders for the masks.
Face Blok is a “novelty item,” according to Kevin O’Leary.
Blok, according to Robert Herjavec, does not yet have a business; all he has is a concept.
O’Leary questions whether it’s a “good” idea.
Corcoran describes the masks as “freaky” and exits.
Kevin Harrington describes the masks as a “novelty item, not a serious thing,” and rejects to grant a discount.
Daymond John agrees with Kevin and withdraws.
Robert Herjavec advises her to pursue her concept as a “side career.” He’s gone.
The masks are an “interesting notion,” according to Kevin O’Leary, but “as an investable concept, it’s not there.” With that, the last Shark rejects Blok, and she exits the Shark Tank without a contract.
Face Blok after Shark Tank Pitch
The Face Blok masks had a brief burst of publicity as a result of the swine flu crisis, but the Sharks were skeptical that they could retain interest and sales long enough to generate a profit.
Even the prospect of sales to paediatric wards isn’t enough to pique the Sharks’ curiosity. They just do not see the financial potential in the Face Blok masks.
Blok’s mask proposal was rejected by the Sharks, but she was allowed to advertise the masks as part of her design portfolio on her website. She has explored other creative ventures and continues to make logos and other graphic art.
She later discontinued her product.
Face Blok Net Worth
Irina Blok enters Shark Tank looking for a $50,000 investment in return for a 30% stake in her firm. This implies a valuation of @166,666.66 of the Company.
Face Blok Competitor?
Face Blok didn’t have major competitor.
Face Blok FAQS
What became of Irina Blok?
After the Shark Tank, Blok just returned to Google, where she now works as a product-design lead at Google Research.
Irina Blok appeared on which episode of Shark Tank?
Irina Blok appeared on Episode 5 of Season 1.
When was Face Blok started and by whom?
Face Blok was started in 2009 by Irina Blok, who grew up in Russia and worked for Landor Associates before moving to the US.
How much does Face Blok sell for?
Face Blok sells for $12.00 each on its website.
Each mask is embroidered with the company’s logo and is made of various materials including metal, plastic and resin.
It has a ventilation system to block out odours and prevents skin irritation.
Who is Face Blok Shark Tank contestant?
The show featured Irina Blok.
Where can they find Irina Blok?
She works full-time at Google Research in Silicon Valley.
When was Face Blok aired on Shark Tank?
The episode aired on June 9, 2009.
What is net worth of Face Blok?
Irina Blok was seeking for $50k for 30% share of the business, which brings the valuation of the company to be $166,666.66.
What Irina Blok net worth?
Irina Blok has an estimated net worth is $5 million.
What was business model?
The business model is to sell Face Blok to hospitals, clinics and other medical equipment suppliers.
What is the most money that Face Blok ever made on Shark Tank?
On Shark Tank, it didn’t make any money. It was rejected by all the Sharks.
What is the history of Face Blok?
She moved to the United States when she was 18 years old to pursue her goal of becoming a designer.
She began her career at Landor Associates, where she worked on designs for companies such as FedEx, Apple, Yahoo, and Adobe, among others.
What did Robert Herjavec advises Irina Blok at the Shark Tank?
Robert Herjavec tells her to keep going with her idea, but as a “side job.
Where is Face Blok located?
Face Blok was located in New York City, United States.
What is the revenue of Face Blok?
Face Blok didn’t have any revenue.
What exactly Face Blok after Shark Tank?
The Face Blok masks had a brief burst of publicity as a result of the swine flu crisis, but the Sharks were skeptical that they could retain interest and sales long enough to generate a profit.
Even the prospect of sales to paediatric wards isn’t enough to pique the Sharks’ curiosity.
