The perfect polo shirt is difficult to find, but Brandon Davenport and Marcellus Alexander seem to have found an answer. Their clothing company combines a proprietary treatment process, with quality materials, to create stain and fade-proof polos. Will their company get a deal on
If you’re short on time, here’s a quick overview of what happened to Baobab after
Baobab appeared on
|Mark Cuban||No Offer|
|Robert Herjavec||No Offer|
|Kevin O’Leary||No Offer|
|Daymond John||No Offer|
|Lori Greiner||No Offer|
Shark Tank Baobab Update
- Entrepreneur: Brandon Davenport and Marcellus Alexander III
- Business: Stain and fade-resistant polo shirts
- Ask: $150,000 for 10% equity
- Result: No deal
- Shark: None
Brandon and Marcellus brought their clothing company, Baobab, to
They started with the best cotton in the world, Pima cotton, and treated the fabric to be stain-free, colorfast, and fit perfectly.
Their pitch included a demonstration of their BaoTech fabrication process. As they splashed a white polo with coffee, wine, and even ketchup, all the liquid was rinsed away with no staining or residue.
Brandon and Marcellus shared that they utilized crowdfunding to research what men wanted in a polo shirt before developing their product, raising $32,000.
A couple of notable features include a zip up front, instead of buttons, and it even has a hidden micro-fiber cloth inside the shirt, for cleaning glasses. The redesigned polo shirts retail for $98 each and cost $38 to manufacture.
Sales are primarily online, and the only advertising they’ve done is through Facebook and Instagram ads. They’ve also recently received some press about Baobab being the best polo shirt to buy.
The sharks seem to enjoy the shirts. However, they start to feel differently when Brandon and Marcellus reveal the value of their company.
Despite their valuation, they have only earned about $85,000 in sales and had put in $35,000 of their own funds.
Robert Herjavec has a conflict of interest with another company he’s invested in, Buttercloth, so he goes out.
Kevin O’Leary says there’s just too much competition, so he too is out.
Daymond John can’t get over the low sales, so based on that, he is also out.
Lori Greiner loves the shirts and says she will definitely be a customer, but not an investor. She is the next shark out, leaving Mark Cuban as the last man standing.
However, Mark says he was trying to understand Brandon and Marcellus’s marketing angle, but since it didn’t come together for him, he is also out. With that, the men leave
Do Brandon and Marcellus manage to keep their company moving forward following the show? Keep reading our Baobab update to find out!
In our Baobab update, we discovered that the company is still going strong. In 2021, the company raised just over $100,000 in funding and is now doing around $1 million in annual sales.
In 2020, they started producing face masks alongside their polos and found great success doing so. That same year, they teamed up with Malagon Group to help grow the brand.
Then in 2021, Forbes featured Marcellus, as one of “The Next 1,000”, which helped with more advertising for the company.
Baobab has also expanded its line to include long sleeve polo shirts and t-shirts. If we get any more news on a Baobab update we’ll be sure to let you know!
In the meantime, be sure to check out the other Season 11 Episode 3 company updates below:
Before you go, check out our Season 11 products page for even more Season 11 company updates.
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Kimberly is a writer for Shark Tank Recap. She has written episode summaries and updates across multiple seasons of Shark Tank, with a focus on complete and accurate information since 2021. She believes that getting the business aspects of each deal correct is extremely important for viewers and fans. Her favorite Shark Tank products are The Wobbles and Rocketbook!