Shemie Shark Tank Update | Shemie after Shark Tank
What is Shemie?
Shemie is a super soft and luxurious layering garment that can be worn as a dress, a slip, a nightgown. It is a modern take on the traditional women’s slip.
Shelton Wilder had spent years as a shopper and personal stylist for Nordstrom‘s and recognized the demand for comfortable, stylish, attractive slips for women of all sizes.
Who founded Shemie?
Shemie was founded by Shelton Wilder.
What happen to Shemie at the Shark Tank?
Then she goes on to say that the woman’s slip has been in serious need of an update for quite some time.
This is when the Shemie comes into the picture.
She’s made the slip a sultry wardrobe essential for all women. She’s designed a collection that’s suitable for all body shapes, and the fabric is both soft and sensual.
Wilder excitedly jumps straight into the Sharks’ questions after displaying them her goods. Kevin O’Leary wonders if a garment like this might be particularly appealing to curvier ladies.
The Shemie, according to Wilder, is meant to be a comfortable item in a woman’s wardrobe.
Lori Greiner is suspicious of a verbal commitment, but the company has only been open for six weeks. This seemed to have caught all of the Sharks off guard.
Robert Herjavec’s first question is whether or not she has any sales.
A few sites have placed soft orders as of now. This indicates that they will place orders as soon as Wilder is ready.
This, according to O’Leary, is merely a “long way of saying you don’t have any sales.”
O’Leary is dissatisfied with her company’s worth after finding she has no sales. She values The Shemie at $300k by asking for a $60k investment.
O’Leary thinks this is absurd and demands that she explain herself.
Wilder describes herself as a motivated hustler who is not afraid to put herself out there.
She will put in a lot of effort to get this product out there because it is her passion to make ladies feel good.
O’Leary isn’t persuaded that this is enough because she still can’t guarantee that The Shemie will be profitable. As a result, he refuses to give her any cash.
The Sharks value her honest and clearly respect her tale. Herjavec, on the other hand, is still perplexed.
Building a brand is difficult, therefore he doesn’t see why she would abandon a name that has already shown to be successful.
Wilder states that her previous brand held negative memories for her and that she desired a fresh start.
O’Leary is the only one who doesn’t seem to mind her not coming out and acknowledging her addiction.
He strikes out at her, and it looks that he has gone too far. Greiner adds her two cents to the conversation.
Wilder’s bravery in coming to them today is something she admires, and she understands her problems.
She likes the product as well, however the problem is that there are identical products available.
Wilder, on the other hand, has the desire and passion to see it through.
Greiner believes she doesn’t need any of them to invest since she can handle everything alone.
Three more Sharks remain in the tank. Mark Cuban, Daymond John, and Robert Herjavec all appear to be thinking the same thing.
Wilder is deserving of a second opportunity. Having said that, the company is still in its infancy.
The Shemie has no sales and no means of knowing whether or not it will be a success. As a result, they all politely reject to make her an offer and wish her all best.
Shemie after Shark Tank
Despite the lack of an investing opportunity, this was not a disaster for Wilder.
Shelton Wilder has acted quickly on Greiner’s advice, launching a Kickstarter campaign to coincide with the premiere of the Shark Tank Show.
She’d planned ahead and started a Kickstarter campaign shortly after the Shark Tank episode aired.
Because of her appearance on Shark Tank, she was able to raise $30, 000 through a Kickstarter campaign.
The Shemie made appearances at several fashion events, and Wilder’s product was featured in some of the world’s most prestigious fashion magazines, including Vogue, Glamour, and Cosmo.
Wilder had successfully launched his company on Shark Tank, despite the fact that he had yet to make a single sale!
Shelton Wilder did not land a deal for the Shemie on Shark Tank and is no longer working in fashion. She’s now a realtor, and it appears like a lot has happened in her life.
The Shemie is no longer in production, they closed business in 2015.
Shemie Net Worth
Shelton Wilder valued her business at $300,000 during the shark tank pitch.
Shemie Shark Tank FAQs
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