Shemie Shark Tank Net Worth 2023
Shelton Wilder was a successful Realtor in the Los Angeles area, who originally valued her business at $300,000 during the Shark Tank pitch.
However, her business, Shemie, ceased production in 2015; though it was a difficult time for Wilder, she was able to make something positive out of the circumstance and re-invest her energy into real estate.
Now, as a successful Realtor in Los Angeles with invaluable experience under her belt from Shemie, she has been able to use these skills to further benefit herself and carve out an even brighter future than before.
What is Shemie?
Shelton Wilder, who had previously worked as a shopper and personal stylist for Nordstrom’s, observed that women of all sizes had limited options when it came to finding comfortable and fashionable undergarments.
In response to this issue, he developed Shemie, a flexible and high-end layering piece that can be worn as a nightgown, slip, or dress. By modernizing the classic slip for women, Shemie was created. The founder of Shemie is Shelton Wilder.
What happen to Shemie at the Shark Tank?
Shelton Wilder appeared on Shark Tank to present her product, The Shemie, a slip designed for women of all body shapes that is comfortable and sensual. She was seeking a $60,000 investment in exchange for 20% ownership of the company.
Although some of the Sharks expressed interest in the product and admired Wilder’s passion, they ultimately declined to invest due to the lack of sales and uncertainty about its profitability. While the Sharks acknowledged Wilder’s previous experience and addiction, they did not consider it a major factor in their decision.
Despite not securing an investment opportunity, Wilder quickly launched a Kickstarter campaign following the show’s premiere, which successfully raised $30,000.
The Shemie made appearances at several fashion events and was featured in prestigious fashion magazines like Vogue, Glamour, and Cosmo.
However, the company eventually closed its doors in 2015. Although Wilder did not achieve success with The Shemie in the fashion industry, she has since pursued a new career as a realtor.
Shemie Shark Tank Updates
Shelton Wilder, a personal stylist, appeared on Shark Tank in 2012 to pitch her product, The Shemie, a modern version of the woman’s slip. She was seeking a $60,000 investment in exchange for a 20% ownership of the company, which was valued at $300,000.
During her pitch, she showcased her new modern line of slips, which she named the Shemie. The Sharks were interested in her product, but they had many questions, especially about why she did not follow through with a previous version of the product.
Lori Greiner sensed that something was not adding up and asked if she had sold any Shemies at all. Wilder almost did not want to talk about it and said that she recently sold a similar product that she worked with before. The Sharks picked up on the fact that there was more to this than meets the eye.
In the end, Wilder was not able to make a deal with the Sharks. However, she had a Kickstarter campaign already in place to take advantage of all the publicity. Her goal was to raise $29,000 to kickstart the Shemie into production. It is unclear what happened to the Shemie after Shark Tank.
Shemie Shark Tank Summary:
|Type of product
|Flexible and high-end layering piece that can be worn as a nightgown, slip, or dress
|Shark Tank pitch valuation
|Amount sought on Shark Tank
|Percentage of ownership offered
|Outcome on Shark Tank
|Did not secure investment
|Vogue, Glamour, Cosmo
|Founder’s current profession
Shemie Shark Tank FAQs
What Is Shemie Shark Tank?
Shemie is a modern version of a woman’s slip designed by Shelton Wilder, a personal stylist who appeared on Shark Tank in 2012. Wilder was seeking a $60,000 investment in exchange for a 20% stake in her company, which she valued at $300,000.
The Shemie is a versatile garment that can be worn as a dress, a slip, or a nightgown. It is a contemporary interpretation of the traditional women’s slip, designed to be comfortable and sensual for women of all body shapes.
During her Shark Tank pitch, Wilder introduced the Shemie along with two other models. The Sharks were impressed with the product, but they had to pass on investing because Wilder had no business plan, no sales, and not much inventory.
After the show, Wilder raised around $30,000 on Kickstarter and used it to start production and hit the fashion shows. She secured featured articles in top fashion magazines, such as Vogue, Teen Vogue, W, and Glamour. However, the Shemie faded away after a while, and Wilder ceased production in 2015.
Despite the Shemie’s short-lived success, Wilder’s appearance on Shark Tank helped her gain exposure and launch her product. She was able to make something positive out of the circumstance and re-invest her energy into real estate.
How Does Shemie Shark Tank Work?
The Shemie is a modern version of a woman’s slip designed by Shelton Wilder, a personal stylist and fashion designer. Wilder appeared on Shark Tank in season 4, episode 407, seeking a $60,000 investment for 20% of her company, valuing it at $300,000.
Wilder launched her business on Shark Tank, as there was no business when she pitched the Sharks, just an idea. Wilder and two models entered the Shark Tank wearing different versions of the Shemie. The Sharks were interested in why Wilder did not follow through with a previous version of the product.
In one of the most heartfelt segments on Shark Tank to date, Wilder revealed that she had been sober for two years and eight months and the previous incarnation of the Shemie was from when she was drinking. The old product had too many bad memories, and she wanted a fresh start.
The Sharks were not convinced that Wilder had sold any Shemies at all, and they all went out. However, the exposure from Shark Tank allowed Wilder to bring in $30,000 from Kickstarter.
The Shemie made appearances at various fashion shows, and Wilder got her product into some of the hottest fashion magazines in the world, such as Vogue, Glamour, and Cosmo. Despite the initial success, the Shemie is no longer available.
Wilder is now a top luxury real estate agent in Los Angeles and CEO of the Shelton Wilder Group. She had been planning to get her business going for a while, and Shark Tank became the catalyst to get started.
The move to LA helped Wilder make the kind of contacts she needed to get ahead in the fashion world.
What Is The Current Valuation Of Shemie Shark Tank?
The current valuation of Shemie Shark Tank is unknown as the business is not in operation since 2015. Shemie was featured on Shark Tank in October 2012, and Shelton Wilder, the founder of Shemie, was asking for $60k for a 20% stake in her company, valuing it at $300k.
However, all the Sharks declined to make her an offer, mainly because she valued her company too high for starting all over with a brand new brand.
Shelton Wilder’s net worth is also unknown. Shemie went out of business in 2015, and the product is no longer available in the market.
Shelton Wilder was a successful realtor in the Los Angeles area, and after Shemie ceased production, she was able to make something positive out of the circumstance and re-invest her energy into real estate.
In conclusion, the current valuation of Shemie Shark Tank is unknown as the business is not in operation since 2015, and the product is no longer available in the market.
What Happened To Shemie After Appearing On Shark Tank?
After appearing on Shark Tank, Shemie did not secure a deal with any of the Sharks. However, the founder, Shelton Wilder, strategically put a Kickstarter campaign in place that went up to the public after her episode of Shark Tank aired.
The attention from the show helped her successfully launch the product via Kickstarter, making it available for top retailers nationwide. Shemie has since secured partnerships with major retailers such as Nordstrom, Saks, and Macy’s.
The company has also successfully launched via Kickstarter, making it available for top retailers nationwide.
What’s Shelton Wilder story?
Shelton Wilder, an entrepreneur, pitched her company, The Shemie, an elegant, sophisticated slip for women, on Shark Tank.
What exactly is Shemie?
Shemie, pronounced shimmy, is a trendy and redesigned woman’s slip founded by Shelton Wilder.
The ideal layering garment for women, “The Shemie,” which aired on ABC’s Shark Tank, had successfully launched through the famous crowd-funding site, Kickstarter.com, making it available for top stores nationwide.
What make Shemie different?
Unlike other shapewear, the Shemie is a slip-style garment meant to be comfy.
What was Shelton Wilder’s elevator pitch?
Wilder presented her pitch for $60 000 for 20% of the company before allowing the Sharks to view the product.
What was the problem?
She came into Shark Tank with a verbal contract for Nordstrom’s to carry it in one of their locations, and perhaps more in the future, but she has no actual sales in her new company.
Kevin O’Leary, like other sharks want to know why her 6-week-old firm with no sales is already worth $300,000.
The Sharks had similar concerns, and while they agreed that Wilder deserved a second opportunity, they felt that a firm without sales was too risky.
What happened to Shemie after shark tank?
Shelton Wilder, a personal stylist, was asking $60k for a 20% ownership in her firm, which was valued at $300k.
Kevin O’Leary, like other sharks wanted to know why her 6-week-old firm with no sales is already worth $300,000.
Shelton Wilder, a personal stylist, was asking $60k for a 20% ownership in her firm, which was valued at $300k. It would be a risk to take the Shemie to the Shark Tank without any sales behind her, but she was confident that at least one of the Sharks would be interested in her innovative invention.
She had a Kickstarter campaign set up after she featured, and she raised over $30K to get the business off the ground.
Sadly, Shemie manufacturing discontinued in 2015. Shelton, on the other hand, rose to prominence and is now a prominent Realtor in the Los Angeles region.
What has been happening to Shelton Wilder now?
She’s now a realtor, and it appears like a lot has happened in her life. Shelton has a strong love for real estate, and it looks that she is thriving.
She rose to prominence and is now a prominent Realtor in the Los Angeles region.
Who founded Shemie?
Shemie was founded by Shelton Wilder
What is Shemie?
Shemie is a super soft and luxurious layering garment. The Shemie can be worn as a dress, a
slip, a nightgown.
When did Shemie featured on Shark Tank
Shemie featured on Shark Tank on 26th October 2012
Did a Shemie secure a deal with Shark tank?
No, Shemie hasn’t secured any investment from the Sharks.
What happen to Shemie at the shark tank?
Shemie appears on shark tank with hopes of receiving a $60k investment in exchange for a 20% ownership in the Shemie.
What happen to Shemie after shark tank
Shemie has secured partnerships with major retailers such as Nordstrom, Saks, Macy’s, and Target.
In addition, Wilder has been featured in numerous fashion publications, from Vogue to Glamour
What is Shemie net worth
Shelton Wilder valued her business at $300,000
Is Shemie still in business?
Shemie is out of business and it ceased production in 2015