‘Shark Tank’ video: A longer look at Red Dress Boutique

Tonight, “Shark Tank” is going to air its latest all-new episode, but to get you even more prepared for it right now, we’ve got an additional sneak peek below featuring one of the companies vying for an investment: Red Dress Boutique.

First of all, the company is seeking $600,000 for 5% equity in their company. That’s a pretty penny! It also means that they value their business at $12 million, which is a whole lot higher than most businesses we see on the show.

With that being said, they back up the financials! The boutique is on pace to do $12 million this year, which really means to us that they actually put a fair valuation on this, assuming for future growth and all that, and also assuming that there are no other problems buried outside of this pitch. Update: Check out our review for tonight’s episode now!

The question we wonder right now is this: Why even come on the show and give some equity away? It feels like they’re doing pretty well on their own. The only thing we can think of is that they are hoping to get an even larger spike in sales from being on the show, and it doesn’t bother them too much to give a tiny bit of equity away to a shark. With these sort of sales numbers in mind, though, our jaw would be on the floor to see them give away a big piece of the pie. What makes this tricky is that we have a hard time thinking that any shark is going to bite at getting only 5% of a company.

Overall and numbers aside, we like what Red Dress Boutique seems to be bringing to the table when it comes to their brand and their professionalism. We’ll just have to wait and see if it amounts to anything.

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