TV
‘Shark Tank’ Success Stories: 10 Products That Made Big Money
Though many entrepreneurs try to sell their ideas on ABC's 'Shark Tank', only some become successful. These 10 products have been huge hits.
2. Tipsy Elves
This niche company makes ugly Christmas sweaters for themed parties. Evan Mendelsohn and Nick Morton came on the show in Season 4 and walked away with an investment from Robert Herjavec of $100,000 for 10% equity. According to Business Insider, the company has made around $8 million and is projected to make $12 million.
It also gained a bit of fame thanks to the movie, The Night Before starring Seth Rogen, Joseph Gordon-Levitt, and Anthony Mackie. The Christmas movie made a deal with the company to license a mass production of Rogen’s yuletide sweater.
Tipsy Elves was projected to make $2 million from the exposure, according to TMZ, and made $390,000 on the opening weekend alone.
