Lord Von Schmitt
We're still working up our take on this deal. (Sometimes it takes us a little bit.) However, you might find our quick take interesting in the meantime. Check back when we've updated this deal to see all of our thoughts.
Lord Von Schmitt is one of those companies where you can see that some one in a circle of friends had a bit of a crazy idea and that circle kept telling him he should really make a business out of it. So... you know... he did and then decided it was great enough to pitch on Shark Tank.
But... you know what? As great as his designs looked and as creative as the entrepreneur seemed to be, it just wasn't ready for the Shark Tank. Not with $37,000 in sales the year before and $188,000 in sales over four full years.
So this entrepreneur left the tank without a deal.