Tucky Shirt Accessory Update | Shark Tank Season 14
Brook Knaus has invented a smart fashion accessory that turns any shirt into a crop top. Will her product earn her a deal on
Shark Tank Tucky Update
- Entrepreneurs: Brooke Knaus
- Business: Fashion accessory for shirts
- Ask: $70,000 for 30% equity
- Result: $70,000 for 39% equity
- Sharks: Daymond John
According to Tucky founder, Brooke, crop tops are all the rage these days. Without any good solutions for turning shirts into crop tops, she invented a silicone device that does just that!
At the time of filming, the company has only been in business for around six months. Brooke told the sharks that her company had already generated $60,000 in gross revenue during that short period of time.
The margins on each unit are pretty good. It costs just $5.00 to produce a single unit, and they are priced at a cost of $30.00. The company has netted a $40,000 profit since launching six months earlier.
Mark Cuban and Lori Greiner weren’t convinced enough to risk their own money and make an investment, so they dropped out first. Barbara Corcoran dropped out next, because she felt tucking shirts was a trend. Kevin O’Leary made an offer of $70,000 for 40% equity. Daymond then came in with the same order.
Brooke asked if either of the sharks would come down to 39%, and Daymond accepted the deal. What happened next for Brooke’s company? Keep reading our Tucky update to find out!
We have great news to share in our Tucky update! The company received a major marketing boost immediately after the episode aired, but perhaps the most valuable boost came from having Daymond as a partner. The company continues to operate successfully in 2023 and is expected to blow its 2022 sales numbers out of the water. You can get your very own Tucky on the company website!
Would you like to learn about the other companies featured on Season 14 Episode 22? Follow the links below!
For even more on companies and products, be sure to stop by our Season 14 Products Page!