On average, single men may only wash their sheets every 3 months! That’s why Wen Muenyi has come up with a line of bed sheets that stay fresh longer. Will he land a deal on
If you’re short on time, here’s a quick overview of what happened to Jax Sheets after
Jax Sheets appeared on
|Lori Greiner||No Offer|
|Kevin O’Leary||No Offer|
|Daymond John||No Offer|
|Barbara Corcoran||No Offer|
|Mark Cuban||No Offer|
Shark Tank Jax Sheets Update
- Entrepreneur: Wen Muenyi
- Business: Stench-free bedsheets and clothes
- Ask: $212,000 for 10% equity
- Result: No Deal
- Shark: None
Founded by Wen Muenyi, Jax Sheets pitched its stench-free bedsheet company to the sharks on Shark Tank Season 12 Episode 13. The silk sheets and pillowcases are made out of HercFiber, which is designed to last longer before it gets stinky.
In addition to Jax Sheets, Wen also founded HercLeon which is a clothing line that uses the same materials to create stench-free clothing.
As Wen explained on
Since the campaign wrapped only a few weeks before the company appeared on
He explained to the sharks that he wanted to focus on taking care of his initial supporters first. Once they were taken care of, he would try to sell more products.
Wen shared that it currently cost him around $33 to acquire a customer and the average sale was $148. Further, he has pretty solid margins and will make around $70 profit on the average order.
However, Kevin O’Leary and Robert Herjavec felt that the customer acquisition cost would be much higher once he started selling outside of Kickstarter.
Mark Cuban loved Wen and the business but felt like he would have to make too many changes that Wen wouldn’t like and dropped out.
Robert didn’t feel like the business was investible right now and dropped out.
Lori Greiner felt like the business was on the right track, but just wasn’t there quite yet and decided to drop out.
Daymond John felt that Jax Sheets wasn’t quite focused enough for him to be an investor and dropped out.
Kevin was Wen’s final hope, but dropped out because Wen wasn’t sure about all of his numbers.
With all of the sharks out, Jax Sheets left without a deal. Did Wen manage to keep moving forward? Keep reading our Jax Sheets update to find out!
We are happy to report good news in our Jax Sheets update! The company is still in business, with an estimated net worth of $800,000.
Jax Sheets are only available on the HercLeon website, where the companies have merged into a one-stop shopping experience for men.
The company has also branched out to bedding for babies and even sells underwear that protects from radiation!
While it seems Jax Sheets hasn’t grown a lot since
If we get more news on a Jax Sheets update, we will be sure to let you know! For updates on the other products featured on Season 12 Episode 13, be sure to check out the links below.
For more, be sure to check out our Shark Tank Season 12 Products page.
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Andrew Smith is the founder and owner of Shark Tank Recap. He is a longtime Shark Tank fan that has been watching it for years and has seen every episode multiple times. His friends know him as the Shark Tank expert, because he can answer any question about the show! His favorite Shark Tank products are Bertello's pizza oven and Bug Bite Thing!