M3 Girl Designs update

M3 Girl Designs Jewelry | Shark Tank Season 3

Accompanied by her sister Margot and her mother Diane, Maddie Bradshaw, pitched her jewelry company during Shark Tank Season 3. M3 Girl Designs is her design company, where she makes jewelry and accessories aimed at tweens. Will the sharks think that Maddie is a shining star? Find out in our M3 Girl Designs update.

If you’re short on time, here’s a quick overview of what happened to M3 Girl Designs after Shark Tank!

Maddie Bradshaw appeared on Shark Tank Season 3, and made a deal with three sharks! Robert Herjavec, Mark Cuban and Lori Greiner all teamed up to give her $300,000 in exchange for 30% equity of her company. In terms of an M3 Girl Designs update, the company is no longer in business as of 2015. It seems that it was forced to close, due to several lawsuits regarding trademark infringements.

Shark: Result:
Mark Cuban, Lori Greiner & Robert Herjavec Accepted deal for $300,000 for 30% equity
Kevin O’Leary $300,000 for 30% equity
Daymond John  No offer

Shark Tank M3 Girl Designs Update

M3 Girl Designs update

  • Entrepreneur: Maddie Bradshaw
  • Business: Jewelry line for children
  • Ask: $300,000 for 15% equity
  • Result: $300,000 for 30% equity
  • Shark: Robert Herjavec, Mark Cuban, and Lori Greiner

Maddie walks into the tank with her mother and younger sister. She introduces her company, M3 Girl Designs, and products to the sharks. They are ultimately impressed by her business acumen, and the way she has expanded it.

The young entrepreneur started making accessories at only ten years old, while in middle school. She then opened the company soon after that.

Lori Greiner asks about sales, and Maddie says her line is already in over 1000 stores. Kevin O’Leary also asks about numbers, and Diane says in the past five years, they’ve sold $5 million.

Additionally, sales in the previous year were around $1.6 million.

Further, they’ve had $1 million in profit, making her a millionaire at 15. Additionally, she also wrote a book, and told the sharks all the items are handmade in Dallas.

Maddie goes on to say that she wants global distribution, and is backed up by Diane, highlighting that they want a partner who will ultimately take them to the next level.

Kevin offers $300,000 for 30% equity, which inspires Lori to want to partner up with him, as long as he will remain a silent partner.

Lori offers $300,000 for 40% equity, including her mentorship at QVC. Kevin adds that they would make better margins with his and Lori’s help.

Robert asks Maddie what she thinks, but Diane is the one to respond that they want to see what else is on the table first. 

Daymond John takes this opportunity to go out, because he doesn’t think he can bring value to the project.

Mark Cuban doesn’t want to partner up with Kevin, so he asks Lori to partner up with him instead. He then offers $300,000 for 30% equity.

Lori agrees to partner up with Mark, cutting Kevin out of the deal. Kevin responds by matching their offer, of $300,000 for 30% equity.

Despite the two offers on the table, the Bradshaw family wants to work with Robert, Lori and Mark, leaving Kevin out of the deal. They then counter for 20% equity.

Lori thinks this is too low, and Robert wants to stick to the 30%.

Eventually Maddie says she’d take the 30%, if she can also get season tickets for the Dallas Mavericks from Mark. He says that tickets are sold out, but they are welcome to watch the game from his luxury suite any time.

At this point, she agrees to the deal with Mark, Lori and Robert, for $300,000 and 30% equity. What do you think happened following Shark Tank?

Keep reading our M3 Girl Designs update to find out. 

Our M3 Girl Designs update reveals that Maddie continued to enjoy success, despite the deal with Mark, Lori and Robert never closing.

Unfortunately, in 2015, Maddie closed the business to attend college at Stanford. At that point, she’d achieved over $5 million in sales.

She has since started a career in other ventures. Therefore, this will be our final M3 Girl Designs company update.

Curious about the other companies featured on Season 3 Episode 5? Follow the links below to find out more details. 

For even more on companies and products, be sure to stop by our Season 3 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!