Ledge Pillow Shark Tank Net Worth 2023
The company pitched at a value of $120,000 in 2011, but ceased to operate by 2012. As such, it is impossible to assess the company’s net worth today as there have been no further updates or information about the company’s status since its closure.
What Is Ledge Pillow?
The Ledge Pillow, also known as the boob pillow, is a type of memory foam pillow that is designed to provide a more comfortable sleeping experience for individuals with larger chests who prefer sleeping on their stomachs.
This product is suitable for both women with and without breast implants, nursing mothers, and those who are recovering from breast surgery.
The Ledge Pillow was created by Amanda Schlechter, a practicing attorney who resides in West Palm Beach, Florida. Before pursuing her career in law, Amanda had a desire to start her own business, but was unsure about what type of venture to pursue. She waited for inspiration to strike.
Amanda’s own experience with breast augmentation surgery led her to come up with the idea for the Ledge Pillow.
As someone who frequently slept on her stomach, she found it difficult to get a good night’s sleep after the surgery. This inspired her to create a product that would help others in similar situations to sleep more comfortably.
Who Is The founder Of Ledge Pillow?
Amanda Schlechter, a resident of West Palm Beach, Florida, is the founder of Ledge Pillow and a practicing attorney. She had always aspired to start her own business, but was unsure of what venture to pursue, so she waited for inspiration.
After undergoing breast augmentation surgery herself, Amanda, who was a stomach sleeper, found it difficult to sleep comfortably. This led her to conceptualize the Ledge Pillow, which is a modified memory foam pillow designed specifically for women with augmented and/or large breasts to comfortably sleep on their stomach.
Despite having been in business for three years, Amanda had only made 83 sales prior to appearing on Shark Tank.
What Happened To Ledge Pillow At Shark Tank Pitch?
Amanda sought assistance from the Sharks to give her business a solid foundation, despite having a basic website and no marketing efforts in place. During her pitch on Shark Tank, Amanda requested $30,000 for a 25% stake in her company, The Ledge Pillow, which was valued at $120,000.
A striking and attractive model accompanied Amanda on stage to showcase the product, but the Sharks were not impressed. Lori Greiner suggested that Amanda should consider changing the company name and then left the pitch.
Kevin O’Leary believed that the market was too small, and Robert Herjavec thought that if there was a market for the product, it would have been discovered already. They both declined to invest.
Daymond John also declined to invest, citing a lack of value he could provide. Mark Cuban was the last to exit the deal, labeling Amanda as a “wantrepreneur” and asserting that she did not have the drive and determination required to succeed. As a result, Amanda walked away from the pitch without securing a deal.
What Happened To Ledge Pillow After Shark Tank?
Before appearing on Shark Tank, Amanda had a basic website for Ledge Pillow, and it seems that the website has remained largely unchanged since then. However, based on the positive reaction from fans after the episode aired, it appears that the product may have generated some sales.
The lack of updates to the website over the past year suggests that Ledge Pillow may not have been a thriving business.
Unfortunately, Ledge Pillow is no longer operational, and the website used to sell the product has been shut down. The company’s social media profiles, particularly its Facebook page, have been inactive since 2012.
If given some attention and search engine optimization, Ledge Pillow could have been a successful product. Unfortunately, the company went out of business in 2012, and Amanda is now a shareholder at the Nason Yeager firm.
Competitors Of Ledge Pillow
There are a number of companies already in the marketplace that are similar to Ledge Pillow. For example, some pillows come equipped with pre-cut holes for patients who have undergone breast surgery. The closest competitor is likely the Breast Pillow.
Net Worth of Ledge Pillow
During the pitch the company was valued at $120,000, since then the company stops operating in 2012 hence the company net worth is unavailable.
Ledge Pillow FAQs
What is Ledge Pillow?
Ledge Pillow, also known as the boob pillow, is a memory foam pillow designed to allow those with larger chests to sleep on their stomachs more comfortably.
The product is intended for women with and without implants, nursing mothers, and those recovering from breast surgery.
Who is the founder?
Amanda Schlechter is the founder of Ledge Pillow, a practicing attorney and West Palm Beach, Florida resident, designed the product.
Amanda had always wanted to establish her own business before going into law, but she wasn’t sure what she wanted to do as an entrepreneur, so she chose to wait for inspiration.
How much was asking on Shark Tank?
Amanda was looking for $30,000 for a 25% stake in The Ledge Pillow, which was valued at $120,000.
Did she get the deal?
No, Amanda didn’t get a deal from the Sharks.
Is Ledge Pillow still in business?
Ledge Pillow is no longer in business. Their official website, which was used to sell the product, is no longer operating, and their social media profiles (Facebook) have been inactive starting at 2012.
Why has Ledge Pillow shut down?
There is no information available as to why Ledge Pillow shut down.
How can I contact Ledge Pillow?
There is no information available as to how you can contact someone associated with the business.
What is Ledge Pillow worth today?
The company stopped operating in 2012 hence the company’s value is unavailable.
Who are the competitors of Ledge Pillow?
There are a number of companies already in the marketplace that are similar to Ledge Pillow. For example, some pillows come equipped with pre-cut holes for patients who have undergone breast surgery. The closest competitor is likely the Breast Pillow.
What happened after Shark Tank?
Amanda had a basic website for Ledge Pillow before going on Shark Tank, and it hasn’t changed much since.
What is Ledge Pillow made of?
The Ledge Pillow is created from premium memory foam. It’s lightweight but supportive and firm enough not to lose its shape easily.
Is any plan for Ledge Pillow to resume?
There is no information available as to whether Ledge Pillow intends to resume business.
Where can I buy Ledge Pillow?
There is no information available as to where you can buy the product.
Is Ledge Pillow scam?
There is no information available as to whether this business is a scam.
What is Ledge Pillow’s return policy?
There is no information available as to the company’s return policy.
Is Ledge Pillow safe and legal to buy?
The legitimate website for the pillow does not carry any information as to whether Ledge Pillow is safe and legal to buy or not.
Is Ledge Pillow a private or public company?
The company stopped operating in 2012 hence it is a Private company.
Is Ledge Pillow available in stores?
There is no information available as to whether you can purchase the product at a store or not.
How long will it take to get my Ledge Pillow?
The website does not carry information as to how long it will take to get your product.
Where is Ledge Pillow shipping to?
The website does not carry information as to where the product can be shipped.
What is Ledge Pillow’s official website?
The official site for Ledge Pillow is not available.
Where is Amanda Schlechter now?
Amanda Schlechter is currently a shareholder at the Nason Yeager firm.
What is the net worth of Amanda Schlechter?
Amanda Schleicher’s net worth is unknown.