Next into the tank is Elizabeth Granados of Little Nomad, seeking $80,000 for 15 percent equity.
Little Nomad offers play mats that are both practical and cute. According to their website, the mats connect seamlessly and can even be used as a soft flooring solution. Some of their mat color and pattern designs include mist, dusk, feather, petal and more stylish colors. Prices range from $109 to $389 depending on size.
The sharks are impressed by her pre-order sales of $114,000 and even more impressed by her margins. Kevin O’Leary worries about how expensive they are, however, especially for a product whose mission is to simply provide a stylish mat, not market it as a safer mat. Daymond John goes out for believing it’s too expensive, followed by Mark Cuban and O’Leary.
Robert Herjavec thinks she came into the tank too early and goes out as well, followed by Lori Greiner who, despite believing they’re beautiful, doesn’t think it’s the right investment.
Social Media Reacts to Little Nomad’s Appearance on “Shark Tank”
That Little Nomad chick was in over her head and seemed really cocky. #SharkTank
— GoofyNi️️a (@sparkyboye) February 4, 2017
Little Nomad is a good idea. Those other squares are tacky. #SharkTank
— S ❤️ (@SarahGram6) February 4, 2017
— Tonia Lee Smith (@ToniaLeeSmith) February 4, 2017
The Little Nomad mats are gorgeous and functional. Love!! #SharkTank
— Dema Hanna (@DemaHanna) February 4, 2017
Love the Little Nomad floor mats on Shark Tank! We have the hideous rainbow foam mats. LOL #SharkTank
— NextGenerationSAHM (@ReneeArbia) February 4, 2017
#SharkTank Little Nomad didn't' get a deal, feel sad for them, but they will bounce back.
— Lance Becvar (@Dadsonpowermode) February 4, 2017
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. Venture capitalist Chris Sacca is also slated to appear as a guest shark this season.
“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.
Would you use Little Nomad? Sound off in the comments section below!