Matador Meggings update

Matador Meggings Leggings For Men | Shark Tank Season 15

Valentine Aseyo pitched his legging company for men during Shark Tank Season 15. Matador Meggings makes leggings that are designed with the male physique in mind. His leggings also offer padding around the groin and pockets for a cell phone and other items. Will he get a deal? Find out in our Matador Meggings update.

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

Entrepreneur Valentine Aseyo appeared on Shark Tank Season 15, but in the end, walked away without a deal. In terms of a Matador Meggings update, the company is still in business and we’re sure that it will get a nice boost in sales after appearing on Shark Tank. They have a large social media following and many new arrivals available on the company website.

Shark: Result:
Lori Greiner No offer
Daymond John No offer
Mark Cuban No offer
Kevin O’Leary No offer
Daniel Lubetzky No offer

Shark Tank Matador Meggings Update

Matador Meggings update

  • Entrepreneur: Valentine Aseyo
  • Business: Leggings for men
  • Ask: $250,000 for 10% equity
  • Result: No deal
  • Shark: None

Matador Meggings founder, Valentine Aseyo, entered the Shark Tank with a humorous pitch about his legging and leisure wear apparel line for men. His quirky personality had the sharks roaring with laughter.

Valentine has created a line of leggings that are made specifically for men, with modesty padding included. Additionally, he says that compression pants improve blood flow and circulation, which is especially helpful during workouts and can lead to faster recovery.

The company offers leggings, compression shorts, and bike gear in over 50 unique prints and designs. Further, in addition to pockets and zippers, the pants also have a loop holder in the back for sweat towels.

Born in Turkey, Valentine later immigrated to America and went on to work for Facebook for 8 years. He then began teaching yoga classes but wished that he could wear leggings like the women in his classes.

Unfortunately, he couldn’t find anything for men that concealed the groin area. This is when he took it upon himself to create the product that he needed.

In terms of the numbers, Matador Meggings has over $2 million in lifetime sales since launching 3 years prior. In the year prior, sales were $620,000 and he’s projecting to make $1 million in sales in the current year.

The leggings cost $18 to manufacture and retail for $92. While the margins are good, Kevin O’Leary is concerned that there is nothing proprietary about the product.

Further, he says that the modesty padding is the only thing that sets his leggings apart, and any big company can copy this. For this reason, he is out.

Mark Cuban knows a thing or two about compression pants because the players on the Dallas Mavericks wear them. However, he doesn’t see Matador Meggings blowing up into a huge business, so he is the next shark out.

Lori Greiner doesn’t think that guys will wear the product. For that reason, she is also out.

Daymond John says it’s a great business for Valentine, however, it’s not investable. Daymond is out next.

Guest Shark Daniel Lubetzky follows out because he doesn’t think that Valentine understands who his customer base is.

With that, Valentine leaves Shark Tank Season 15 without a deal. What happens following the show?

Keep reading our Matador Meggings update to find out!

In terms of a Matador Meggings update, we’re sure that the company will get a nice boost in sales from appearing on Shark Tank.

Further, the line of men’s apparel continues to grow, and they have several new arrivals listed on the Matador Meggings website.

Even better, they already have a very large social media following and active accounts which should grow thanks to the exposure from Shark Tank.

If we get any more news on a Matador Meggings update, we will let you know!

In the meantime, check out the other company updates from Season 15, Episode 2:

For even more on companies and products, be sure to stop by our Season 15 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!