Next up is Boston-native Justin Kittredge of ISlide, seeking $500,000 for five percent equity.

ISlide on Shark Tank: Key Highlights

  • ISlide offers customizable shoe slides with personalized straps.
  • The company has sold $1.5 million in slides.
  • Kittredge sought $500,000 for 5% equity on Shark Tank.
  • Only Robert Herjavec offered $500,000 for 20% equity.
  • Kittredge declined Herjavec’s offer.

ISlide: A Quick Company Overview

ISlide is a personalized shoe slide.

Their original customized slide, “The Mantra,” features a customizable top strap and personalized sides, including a logo.

The company, whose mission is to “Stand In What You Stand For,” also offers a “Wave Gel” ISlide, which features built-in arch support and a patent-pending waves design.

High school, college and pro teams have used ISlides, including Pittsburgh Steelers wide receiver and “Dancing with the Stars” alum Antonio Brown, who touts the sandals as his signature catchphrase “Boomin.”

To date, ISlide has done $1.5 million in sales.

They cost $50 and ship in less than a week. Their spike in sales is due in large part to bulk order from DJ Khaled.

The Sharks React to ISlide’s Pitch

Kevin O’Leary and Robert Herjavec take issue in his $10 million valuation, but Kittredge finds the value in the customization. Lori Greiner says there’s also nothing proprietary but goes out.

Herjavec offers $500,000 at 20 percent equity, while O’Leary, Barbara Corcoran, Daymond John and Mark Cuban go out.

Left with only Herjavec’s future-value deal, Kittredge counters at 10 percent, which he rejects.

He ultimately declines his offer.

Closing Thoughts

Each week on “Shark Tank,” budding entrepreneurs have the opportunity to pitch their emerging business to six multi-millionaire and billionaire investors, known as sharks: Mark Cuban, owner of the Dallas Mavericks; Daymond John, fashion mogul and founder of FUBU; Kevin O’Leary, self-proclaimed Mr. Wonderful and founder of O’Leary Financial Group; Barbara Corcoran, real estate maven; Lori Greiner, queen of QVC; and Robert Herjavec, technology guru and founder/CEO of the Herjavec Group.

“Shark Tank,” which is based on “Dragons’ Den,” is produced by Mark Burnett and first debuted in 2009. To date, the sharks have invested more than $87 million in various companies after engaging in numerous bidding wars and shark fights. A new episode airs each Friday at 9 p.m. on ABC.

To view the social reactions to ISlide’s appearance on “Shark Tank,” click here.

Would you buy a pair of ISlide sandals? Sound off in the comments section below!