Hot Mama Gowns Net Worth
Hot Mama Gowns was a company that made hospital gowns for mothers. It appeared on Shark Tank and was valued at $1.5 million. However, it is no longer in business and has a net worth of $0. The company was previously valued at around $150,000.
What is Hot Mama Gowns and Who is the founder of Hot Mama Gowns?
Hot Mama Gowns is a line of organic cotton hospital gowns designed to provide comfort and style for pregnant and nursing mothers.
Founder Deidrea Haysel, a pharmaceutical representative, mother, and wife, was inspired to create the gowns after her own postpartum hospital stay.
During her hospital stay, Haysel found the standard-issue hospital gowns to be uncomfortable and unflattering, making it difficult to nurse her newborn daughter and feel attractive.
She began making her own gowns out of organic cotton, eventually expanding to create a line of gowns in sizes 2-24 to accommodate a variety of body shapes and sizes.
Initially selling the gowns on eBay, Haysel eventually transitioned to a full-time business, enrolling in business school and hiring a fashion designer to improve the aesthetic appeal of her products. Today, Hot Mama Gowns are available in a variety of styles and sizes, providing pregnant and nursing mothers with comfortable and dignified clothing options.
Hot Mama Gowns Shark Tank pitch
During the Shark Tank pitch in season 2, episode 6, Deidrea Haysel presented her Hot Mama Gowns business to the investors seeking $30,000 in exchange for a 20% stake in her company, valued at $150,000. Despite showing enthusiasm and answering the Sharks’ questions appropriately, Haysel’s personal sales were meager, with only $11,500 in sales in the first two years.
Some Sharks doubted the market potential and Haysel’s ability to establish a marketing program. Only Barbara Corcoran made an offer of $30,000 for a 40% equity share, but Haysel believed it was excessive and rejected the offer.
Despite her loss on Shark Tank, Haysel continued to expand her business gradually through internet sales and retail stores, lowering her pricing point from $119 to $69-89 per gown. Hot Mama Gowns are still available on her website, but the company ceased operations in 2013.
Competitors of Hot Mama Gowns
While there are many maternity clothing brands that focus on creating cute, comfortable, and affordable options for pregnant women, these two companies are Hot Mama Gowns’ closest competitors: Begg Maternity and Tilly’s Maternity.
Net Worth of Hot Mama Gowns
The company was valued at $150,000 during and after the pitch. Since then the company is no longer in operation and hence the current net worth is unavailable.
Hot Mama Gowns Updates
Hot Mama Gowns is no longer in business. Deidrea Haysel appeared on Shark Tank in April 2011 to pitch her product, which was a line of elegant and comfortable maternity gowns designed for breastfeeding mothers.
The gowns were made from 100% organic cotton and came in sizes 2 to 24. Haysel created the gowns after feeling uncomfortable breastfeeding in a hospital gown after giving birth to her daughter.
During her appearance on Shark Tank, Haysel asked for $30,000 in exchange for 20% of her company. She had only made $11,500 in two years but had $20,000 in orders.
The sharks were impressed with the product but were concerned about the valuation and the fact that Haysel had not yet secured a patent. They also wanted her to change the sizes offered from number sizes to small, medium, and large.
The sharks offered her $30,000 for 40% of the company, but Haysel ultimately left without a deal.
Hot Mama Gowns has ceased operations, and the website has been taken down. However, there are other alternative businesses that produce soft and adorable maternity gowns, including Baby Be Mine and My Bella Mama.
Table Summary: Hot Mama Gowns Shark Tank
| TOPIC | INFORMATION |
| Company Name | Hot Mama Gowns |
| Founder | Deidrea Haysel |
| Product | Line of organic cotton hospital gowns for pregnant & nursing mothers |
| Shark Tank | Appeared on Season 2, Episode 6, asking for $30,000 for 20% equity |
| Valuation | Valued at $150,000 during & after the Shark Tank pitch |
| Competitors | Begg Maternity & Tilly’s Maternity |
| Net Worth | $0 (the company is no longer in business) |
| Updates | Hot Mama Gowns ceased operations; other alternatives available |
| FAQs | Hot Mama Gowns creates elegant & comfortable maternity gowns |
Hot Mama Gowns FAQs
What Is Hot Mama Gowns?
Hot Mama Gowns is a maternity clothing company that creates elegant and comfortable evening gowns for pregnant women. The founder, Deidrea Haysel, came up with the idea while in the hospital with her daughter.
She was frustrated with the shapeless, medicinally scented, uncomfortable hospital gown that made it difficult for her to breastfeed her daughter and made her feel frumpy during her postpartum stay. Upon being discharged from the hospital, Haysel immediately began designing gowns made of organic cotton.
Hot Mama Gowns are designed to fit women of all sizes and shapes due to her frustration with the limited maternity clothing choices.
Hot Mama Gowns appeared on season 6 of Shark Tank, where Haysel asked for $30,000 in exchange for 20% of her company. Although she had models to showcase the difference between her gowns and those issued by hospitals, she admitted that she’d only made $11,500 in two years.
However, she also had $20,000 in orders that she couldn’t fill due to a lack of funding. The Sharks were concerned about the market potential, and Haysel ultimately left without a deal.
Unfortunately, Hot Mama Gowns is no longer in business and has a net worth of $0. However, Haysel lowered the price point on her gowns from $119 to $69 to $89 per gown and continued to sell them online.
How Does Hot Mama Gowns?
Hot Mama Gowns is a maternity clothing company that creates elegant and comfortable evening gowns for pregnant women. The company gained international notoriety after appearing on season 6 of the popular ABC show Shark Tank.
The gowns are made from stretchy materials that accommodate the ever-changing shape of a woman’s body during pregnancy. These unique designs are created to flatter growing curves while allowing for comfort and ease of wearing throughout all stages of pregnancy.
Hot Mama Gowns are designed to fit women of all sizes and shapes due to the founder’s frustration with the limited maternity clothing choices.
Hot Mama Gowns are 100% organic cotton gowns that fit women in sizes 2-24 and are specifically designed for breastfeeding mothers. The gowns are designed to maintain the wearer’s dignity and make breastfeeding easy but discrete.
The founder, Deidrea Haysel, created Hot Mama Gowns after experiencing the discomfort and indignity of wearing a shapeless, medicinally scented, uncomfortable hospital gown that made it difficult for her to breastfeed her daughter and made her feel frumpy during her postpartum stay.
She was forced to wear two gowns to try to cover herself. Upon being discharged from the hospital, Haysel immediately began designing gowns made of organic cotton.
Hot Mama Gowns appeared on Shark Tank in 2011, where Haysel asked for $30,000 in exchange for 20% of her company. She presented models wearing traditional hospital gowns and her own design. Despite her passion for the product, the Sharks were not convinced and Haysel left without a deal.
After the show, Haysel lowered the price point on her gowns from $119 to $69 to $89 per gown and continued to sell them online. However, it appears that the company is no longer in business and has a net worth of $0.
What Happened To Hot Mama Gowns After Shark Tank?
Hot Mama Gowns is a maternity clothing company that creates elegant and comfortable evening gowns for pregnant women. The company gained international notoriety after appearing on season 2 of the popular ABC show Shark Tank.
During her appearance on “Shark Tank,” Deidrea Haysel asked for $30,000 in exchange for 20% of her company.
However, she admitted that she’d only made $11,500 in two years. Despite receiving an offer from Barbara Corcoran during the show, Deidrea turned it down because she could not accept the terms.
After failing to land a deal on “Shark Tank,” Deidrea Haysel ran Hot Mama Gowns on her own for the next two years. She lowered the price point on her gowns from $119 to $69 to $89 per gown. Unfortunately, Hot Mama Gowns stopped business in 2013.
The situation for Hot Mama Gowns deteriorated, and postings on Twitter stopped in January 2013. Furthermore, Hot Mama Gowns has deactivated its website, and its product is no longer available on Amazon. Hot Mama Gowns has a net worth of $0.
What Is The Current Valuation Of Hot Mama Gowns?
Hot Mama Gowns is a company that made hospital gowns for mothers. It appeared on Shark Tank and was valued at $1.5 million. However, the company is no longer in business and has a net worth of $0. The company was previously valued at around $150,000.
Initially, the gowns were sold on eBay, but the founder, Deidrea Haysel, eventually transitioned to a full-time business, enrolling in business school and hiring a fashion designer to improve the aesthetic appeal of her products.
Hot Mama Gowns were available in a variety of styles and sizes, providing pregnant and nursing mothers with stylish and comfortable hospital gowns.
Despite not getting a deal on Shark Tank, Haysel continued to expand her business gradually through internet sales and retail stores, lowering her pricing point from $119 to $69-89 per gown. Hot Mama Gowns were still available on her website, but the company ceased operations in 2013.
The gowns were 100% organic cotton and specially designed for mothers, and the business was valued at around $150,000 at the time of the show. However, sales of the Hot Mama Gowns in two years were $11,500, and the company had materials worth $20,000 at the time.
Is Hot Mama Gowns Still In Business?
Hot Mama Gowns is a maternity clothing company that creates elegant and comfortable evening gowns for pregnant women. The company gained international notoriety after appearing on season 6 of the popular ABC show Shark Tank.
During her appearance on Shark Tank, Deidrea Haysel asked for $30,000 in exchange for 20% of her company. However, she left without a deal. Despite her defeat in the Shark Tank, Haysel continued growing her business slowly through online sales and retail outlets.
She was able to reduce her price point from $119 to $69-89 per gown, and Hot Mama Gowns were still available through her website.
Unfortunately, Hot Mama Gowns stopped selling the product in 2013. The website is no longer up and running, and it doesn’t have a social media presence.
The company ceased all operations in January 2013. Alternative businesses that produce soft and adorable maternity gowns include Baby Be Mine and My Bella Mama.
What is Hot Mama Gowns?
Hot Mama Gowns is a maternity clothing company that offers organic, shape wear and nursing friendly gowns for expecting mothers.
When was Hot Mama Gowns Founded?
The company was established by Deidra Haysel.
How much was asking on Shark Tank?
Deidra asked for a $30,000 investment in exchange for 20% equity in the company.
Did she have the deal?
No, Barbara Corcoran made an offer of 40% equity in the company. However, Deidra declined this deal.
Is Hot Mama Gowns still in business?
The company ceased operations in 2013.
Where is Hot Mama Gowns located?
The company was based in Los Angeles, California. However, it is now out of business.
Is Hot Mama Gowns available in stores?
No, the company is not available in stores. However, Hot Mama Gowns is available on the Hot Mama website.
How does Hot Mama Gowns make money?
Hot Mama Gowns makes money by selling their gowns through their internet store and retail stores.
What is Hot Mama Gowns’ revenue?
The revenue generated by the company is not disclosed publicly.
Was Hot Mama Gowns a scam?
Hot Mama Gowns was not a scam. However, it was criticized a lot by the Sharks on Shark Tank.
Who are the competitors of Hot Mama Gowns?
Hot Mama Gowns’ closest competitors are; Begg Maternity and Tilly’s Maternity.
Was Hot Mama Gowns accepting PayPal?
Yes, Hot Mama Gowns accepts PayPal.
How is Hot Mama Gowns different from Tilly’s Maternity?
Tilly’s Maternity is a maternity clothing manufacturer with a retail store as well. Tilly’s Maternity also has a maternity line of clothing used during pregnancy. On the other hand, Hot Mama Gowns has no retail stores and only sells products online.
Was Hot Mama Gowns had a return policy?
Yes, Hot Mama Gowns has a 30-day return policy.
What is the return policy of Hot Mama Gowns?
The company offers a 30-day money back guarantee to its customers.
How can I contact Hot Mama Gowns?
Hot Mama Gowns can be contacted by email and phone. The email address is; [email protected] and the phone number is 1-424-268-9937.
Can I find Hot Mama Gowns on social media?
Yes, one can find Hot Mama Gowns on Facebook, YouTube and Instagram.
How many Hot Mama Gowns stores are there in the world?
There are no retail stores now but customers can buy Hot Mama gowns in their online store.
How many employees work at Hot Mama Gowns?
The number of employees working at Hot Mama Gowns is currently unknown.
What is the net worth of Deidra Haysel?
Deidrea Haysel net worth is $1.3 Million.
