Kayla Lupean has created an innovative and portable doll house. Her design is a modular toy that prevents large household messes from missing parts and pieces of various toy sets. Will she secure a deal on
Shark Tank Play Maysie Update
- Entrepreneurs: Kayla Lupean
- Business: Portable doll house
- Ask: $150,000 for 10% equity
- Result: $150,000 for 20% equity + $7 Royalty
- Sharks: Barbara Corcoran
Kayla brought her toy company, Play Maysie to
Her dollhouses open on both sides and have magnetic floors and attached wooden furniture, allowing for a quick cleanup while on the move.
Kayla told the shark that landed manufacturing costs are approximately $13 per unit. Each unit for a total price of $49.99, which leaves about 70% of the total margin for Play Maysie.
Kayla launched a Kickstarter campaign in 2021 and narrowly surpassed her goal, raising $30,000 in cash from crowdfunding. By the end of 2021, Kayla’s company had generated $170,000 in gross revenue.
Play Maysie has around $500,000 actively invested in inventory, and Kayla told the sharks that she felt that she could get to $400,000 in gross revenue if she can sell most of those units by the end of the year.
Daymond John, Lori Greiner, and Kevin O’Leary immediately dropped out, explaining how the business was not an ideal investment for them. Mark Cuban also dropped out.
Barbara Corcoran offered $150,000 for 20% equity. She also wanted a $7 royalty per unit, until she got her money back.
With no other offers on the table for Kayla to consider, she decided to accept Barbara’s deal Play Maysie left
What became of her company? Keep reading our Play Maysie update to find out!
Research for our Play Maysie update revealed that the company is still in business!
With the exposure from
Products are available on the Play Maysie website.
Do you want to learn about the other companies featured in Season 14 Episode 20? Follow the links below for our other company updates from the episode.
For even more on companies and products, be sure to stop by our Season 14 Products Page!
Jeremy is a regular contributor at Shark Tank recap. He has a ton of passion for the show and enjoys researching information about what all the companies are up to now. His favorite Shark Tank companies are The Cookie Dough Cafe and Kronos Golf!