Sliimeyhoney Update | Shark Tank Season 14

Slime enthusiasts often struggle to find products that offer both unique designs and high-quality sensory experiences. Mark Lin’s Sliimeyhoney solves this with handcrafted slimes featuring scents, textures, glitter, and charms that elevate the fun of traditional slime. The result is a global fanbase eagerly awaiting weekly drops of his creations. Will Mark secure the support he needs to scale Slimeyhoney further? Let’s find out in our Sliimeyhoney update and pitch recap.

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

Mark entered Shark Tank Season 14 to pitch Sliimeyhoney. He sought $150,000 for 10% equity. After his pitch, he landed a deal with Daymond John for $150,000 for 20% equity.

In terms of a Sliimeyhoney update, the company sold out all of its products within eight days of its episode airing. Further, the company has grown to multiple millions in revenue per year.

Shark	Result
Daymond John	Accepted offer of $150,000 for 20% equity
Kevin O’Leary	$150,000 for 20% equity
Daniel Lubetzky	No offer
Lori Greiner	No offer
Mark Cuban	No offer

Shark Tank Sliimeyhoney Pitch

• Entrepreneur: Mark Lin
• Business: Slime
• Ask: $150,000 for 10% equity
• Result: $150,000 for 20% equity
• Shark: Daymond John

Mark entered Shark Tank determined to turn his childhood fascination with food and textures into a profitable business.

His company, Sliimeyhoney, creates gourmet slime inspired by popular foods. Each product mimics the look, feel, and scent of treats like banana milk.

With over 100 variations, Mark confidently stated that there’s a slime for everyone. He noted that his weekly slime drops often sell out, proving the strong demand for his products.

As the sharks explored the slime, Kevin O’Leary clarified that the product isn’t edible but is non-toxic. Mark explained that while eating, it wouldn’t cause harm, and it wouldn’t taste good either.

Kevin raised concerns about stickiness, prompting Mark to highlight the included activator, which solves this issue. This detail reassured the sharks about the product’s usability.

Mark revealed that each jar costs $2-$4 to produce and sells for $10-$16, plus shipping.

He emphasized that low production costs and high retail prices underpin the business’s success.

Operating from his garage, he manages the business with help from his mom and 11 high school friends. Together, they efficiently pack and ship orders.

As he prepares to attend UCLA in the fall of 2022, he plans to move operations into a warehouse while balancing college with his business responsibilities.

He attributed much of his success to TikTok, where he has over 900,000 followers. By announcing weekly slime drops, he keeps his product line fresh and his audience engaged.

To support his claims, Mark shared impressive sales figures.

Since launching, he has done $1.2 million in lifetime sales. In 2020, he made $50,000 with $13,000 in profit.

Moreover, sales soared to $580,000 in 2021, yielding $300,000 in profit. By mid-2022, he had reached $540,000 in sales with $300,000 in profit.

His mother, a CPA, ensures accurate financial records, adding credibility to his pitch. Mark also mentioned that shipping costs range from $5-$6 per jar.

The sharks offered mixed feedback. Guest shark Daniel Lubetzky admired Mark’s effort but didn’t see a fit for himself in the slime market, so he bowed out.

Mark Cuban praised the business but believed it was a mistake to take an investment, and he also declined.

Lori Greiner found the product creative and fun but decided not to invest.

Kevin O’Leary, however, saw potential and offered $150,000 for 30% equity.

Daymond John acknowledged Mark’s achievements and echoed that he didn’t necessarily need an investor, but he proposed $150,000 for 25% equity, recognizing the growth opportunity.

Mark countered with $150,000 for 20% equity. Both sharks accepted the revised offer, leaving Mark with a decision.

Confident in the partnership, he chose to work with Daymond, believing this collaboration would help him scale Sliimeyhoney while preserving the creativity that makes it unique.

Was this a good investment for Mark? Let’s find out in our Sliimeyhoney update.

Shark Tank Sliimeyhoney Update 

Our Sliimeyhoney update found that following Mark’s appearance on Shark Tank, all products sold out within eight days of the episode’s airing, prompting Mark to expand operations.

By Spring 2023, he relocated the business from his garage to a 3,000-square-foot warehouse to better accommodate the increased production needs.

The first rerun of his Shark Tank episode in February 2023 further boosted visibility, although it remains unclear if the deal with Daymond John was finalized.

In addition to expanding his operations, our Sliimeyhoney update found that Mark reportedly entered discussions with major retailers such as Walmart and Target, although no confirmed retail partnerships were announced.

Our research on the Sliimeyhoney update found that the company has grown to multiple millions in sales every year.

While managing Sliimeyhoney, Mark also pursued his education at UCLA, majoring in cognitive science and business economics.

We’re calling this Sliimeyhoney update a success.

For more updates on companies from Shark Tank Season 14 Episode 8, be sure to check the links below:

• HummViewer Update
• Fire Fighter 1 Update
• Shred Skinz Update

Before you go, be sure to check out our list of all the Shark Tank Season 14 products.