Shark Tank US | Is Bombas' Valuation Ludicrous?

David Heath and Randy Goldberg are seeking $200k for a 5% stake in their company Bombas.
From Season 6 Episode 1
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About Shark Tank: The Sharks - tough, self-made, multi-millionaire and billionaire tycoons - continue their search to invest in the best businesses and products that America has to offer. The Sharks will once again give people from all walks of life the chance to chase the American dream and potentially secure business deals that could make them millionaires.
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Shark Tank US | Is Bombas' Valuation Ludicrous?
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[@Techraider03]

Shockingly they got a visit from one of the sharks while they were at a homeless shelter. It was Barbara telling them she was out

[@tribzman3977]

You're so incredibly creative and original - wow! SMH.............

[@eko2805]

lmao

[@iSumer]

I was getting tired of all these Barbara jokes but I gotta admit this one got me 😂

[@aaronsmith4806]

She was like, what are you doing at my house? And for that reason, im going out

[@obsessedbeauty7077]

My eyes widened thinking it really happens then I was like….😂🤦🏽‍♀️

[@Just-Princess]

Look how happy Daymond was when the deal was closed! He knew the value in the company from the beginning but was only playing it cool to get as high a stake as possible. Smart man. Also, I'm so happy for these guys!

[@michaeldoran4367]

ENORMOUS KOK POKING THROUGH SWIMMING TRUNKS AT THE COMMUNITY POOL! A BANDAID FALLS OFF THE TIP OF THE KOK INTO THE SWIMMING POOL. WRINKLED WEENER!

[@michaeldoran4367]

@@LJP12330 ENORMOUS MEATY VEINY KOK WHIPPED OUT DURING A SOCIAL STUDIES PRESENTATION IN MIDDLE SCHOOL. 12 YEAR OLD BOY WHIPS OUT A 17 INCH VEINY BLACK HOG IN AN INNER CITY SCHOOL

[@Fty-yi8lo]

⁠co CBC coo

[@arkade-]

Bombas: Bombas is not only Daymond's most successful investment, but the most successful investment in the show's history grossing a total of $225 million in lifetime sales. His current stake is worth $34 million.

[@switchunboxing]

Oh nice I’m glad it worked out Omg

[@abdussamad2471]

the snuggy by barbara is the biggest one though.

[@kickass2117]

oooh who is flatlining now, Kevin?

[@tomasmolcan3530]

@@abdussamad2471 That actually wasnt Snuggy. They even talked about that openly during the pitch that Snuggy is their biggest competitor or smth to that effect

[@samanthamilinazzo6153]

I thought scrub daddy was the best investment of shark tank

[@SankofaNYC]

Daymond did great here and it was nice to see his value recognized… sometimes some of the entrepreneurs act like Mark is the only person in the room with any expertise

[@JC_2311]

None of them are worth any more than any other Angel investor. The biggest "worth" is the ad from the show, which when you devalue your company and except an offer, costs millions of dollars.

[@Pravduh]

By 2018, Bombas had made over $100 million in revenue per year

[@SuniL.KrishnA]

No . This can't be true.

[@rendi1893]

@@SuniL.KrishnA yes it's real.

[@knkinambuga]

@@SuniL.KrishnA It is true. They've had update episodes that show the same.

[@Rattlsnke]

Jesus.

[@SuniL.KrishnA]

@@rendi1893 Means this show "Shark Tank" is not to help entrepreneurs,, but to grab a big share in their business that seems to make millions in future. .

[@nehemiya558]

Damn all the sharks look so much younger here. Except for Mr. Wonderful, he hasn’t aged at all 😂

[@MrTibbs12]

He lookd identical in canadian dragons den from 2006..only difference is the hair on the side of his head was a little bit darker

[@Scott-got-caught]

Lori looks same always

[@ziedstambouli5642]

He drink young entrepreneur blood

[@nwijesinghe]

he was born like that..

[@Said1985ize]

some say mr wonderful looks like this since birth

[@The.daily.purpose]

Update as of october 2022: The company is on its way to be a billion dollar company, making annualy over 250 million, they also donated over 50 million socks.

[@richardcalisi9188]

just unreal

[@EarlyBirdCraft]

Stop lying

[@joeortiz5177]

Is this true or not

[@crovax17]

​@@joeortiz5177it's true.

[@Oscar1427]

It's true, I see them in sports stores all the time but they've doubled their prices for one pair!

[@stevenkugel6062]

It was just announced on Shark Tank that they are the most successful in the show history with 1.3 Billion dollars total retail sales. Everlywell is at #2 with 1.2B. Scrub daddy is at #3 with $926M

[@effehbaduglobal]

I know so crazy right! They even surpassed scrub daddy.

[@angeldreamzzz9692]

Wow

[@mikeypiros6647]

Love him or hate him, but Mr wonderful makes this show entertaining and funny 🤪

[@davidgreen278]

He IS the show

[@mrhumble2937]

Nah anyone can be a dick. Not that witty.

[@Nefariousturtle1]

Why tf did u add that emoji. Fruity

[@m__o8phoenix]

@@Nefariousturtle1 let him be booooi 🤣

[@Veshead]

Love him.

[@alphadevilll]

Nobody is crediting Kevin because without him stopping the flow and advising them to lower their valuation before listening to Daymond, this deal wouldn't have been made. If Kevin hadnt interfered, Daymonds next words might have been " I'm out "

[@sleepy9102]

For real.

[@jamesgray5900]

This is the most successful buisness ever on shark tank. Kevin was completely wrong.

[@gerricwhite8144]

I disagree. I think daymond was playing along to get a better deal. He was interested in it the whole time. Look how happy he was when it closed

[@Luan-ri6bl]

I was in a homeless shelter and found these socks outside of the shelter the best feeling ever .the best socks I've ever came across comfortable and durable I'm a customer forever no matter the price 🗣️

[@chrisboi2440]

Same! I would love to work for them someday

[@MeMyselfAndBob]

Bombas’ net worth is now $500 million. Daymond’s gain: 43,650%. That’s what I call a nice investment! Good for you guys! And you’re doing good for the community by giving away one pair of socks for each pair sold. Hey Kevin, you missed out this opportunity from these cockroaches… Jippiekajokajee!!!

[@nwijesinghe]

they should do a show where they bring in all the shark tank successes and misses to a room with the sharks and react to comments made by the sharks

[@OvaltineJenkinsFx]

6:34 The subtle introduction of Kevin wearing the socks as gloves. Dying. Laughing.

[@trogdor20X6]

Kevin saw that they were going to give socks to homeless shelters and knew that it was against his ideology lol

[@TheOneAndOnlyJinglebi]

😂😂😂

[@GeddyRC]

Wearing Bombas right now! My wife & I always have a "Bombas Exchange" at Christmas lol, absolutely worth the higher cost. They are incredibly comfortable and they last years longer than cheap socks. Never cheap out on things that keep you off the ground - your mattress, your shoes, and your socks. * and your tires!

[@latenight8356]

And your tires!

[@iinntthhuu]

what about rugs and bathroom mats

[@topshelfdustin3060]

@@latenight8356 i dunno about tires, bmw has taught me, run flats are the worst thing ever made!

[@namhuy1216]

First class plane tickets only for sure. Never cheap out.

[@Scott-got-caught]

​@@topshelfdustin3060 I used to sell tires. Run flats are the biggest scam in the tire business. Never but those

[@ajs8721]

I loveee it when Robert and Kevin are wrong about a business, but especially Robert. He always looks so smug during the pitches it’s so annoying

[@sycamore-tree540]

Agreeeed Robert annoys tf out of me. And his deals almost always fall through after the show 💀. Kevin can be rude but at least he's entertaining, Robert on the others brings nothing.

[@ihkeseteeietos5722]

@@sycamore-tree540 You are so gullible to find Kevin entertaining

[@switchunboxing]

He’s always the goofiest one during the presentation too, all bright eyed and clapping and dancing along

[@WTFBUTWHY]

No one ever wants to chose robert lol @@sycamore-tree540

[@messipist]

Their story is quite remarkable. They went on to build orphanages in the Congo and provided socks to most of the children in the region. When they arrived, they were greeted by a huge crowd and a surprise visitor. Barbara was there to say she's out.

[@acd1168]

🤪

[@jameswhite3415]

Kevin "Due to you helping people I am out. I don't care of it would make me the richest guy on earth."

[@Orto4956]

Little did all the other sharks know what this company would turn into. The most successful company in the shows history with about $500 million in sales. Daymond’s probably so happy that he made this deal.

[@Htx.lunatic]

They've reached a billion now according to yesterday's update

[@NIK-to3xs]

This company even eclipsed scrub daddy to be the most successful business ever from shark tank

[@aaronjordan7729]

Ring.

[@Superpig500]

​@aaronjordan7729 they all passed on ring

[@Tha_Mentalist]

Now i see why they're the highest selling product in shark tank history. And they chose the right partner in Daymond. These guys are rockstars

[@mrhumble2937]

I didn't even know that and was thinking this was such an obvious great company unless something was edited out. Why aren't they jumping. Maybe they just aren't as savvy as they think. Besides Lori not her field really.

[@HorsesIC]

@@mrhumble2937 It was because they HATE the one sold, one donated model.

[@bobbyray5165]

@@HorsesIC It was mostly the valuation. Even Daymond was out until they changed it specifically for him.

[@samthemufasa]

these guys are sockstars

[@fernnoli]

This is the best selling shark tank product of all time! Undervalued!

[@tylerperetz255]

Did we forget about scrub daddy or ring🤣

[@crow4010]

@@tylerperetz255 bombas actually has more life time sales than Scrub daddies , and Ring is not a shark tank product since a deal was never made .

[@rapidrabbit11485]

@@tylerperetz255 Ring is absolutely the biggest miss, but Bombas is the highest seller over time. Scrub Daddy just hasn't had that time, it's almost certain to pass it. However, today, Bombas has cemented itself as a recognized brand.

[@Dustyplastic73]

@@crow4010 Lori got the better deal on Scrub Daddy though, at 20%

[@pkal244]

​@@Dustyplastic73Lori got a bigger piece of a smaller pie. I personally love Bombas for the fit & quality, but I feel there are so many options for sponges. Imo Daymond got the better deal here

[@scientistruckus]

I bought these a few months ago and absolutely love them

[@Sigfred42]

The socks on Mr. Wonderful hands had me rolling

[@alexandrous]

4:30 Daymond pretending he's writing something. 🤣

[@kadioko]

🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

[@rg7792]

One of the most successful companies to come out of the Shark Tank.

[@Superyan100]

Currently worth $500million don’t forget ppl that knock on your idea are sometimes competitors.. nicely done gentlemen.

[@paysoh1609]

And now . This is the best and highest grossing product in sharktank history .

[@thedude1234561]

Kevin realllllly wishes he didn’t say all that right about now 💀

[@cb8426]

“Word of mouth is not a scalable strategy” tell that to Tesla

[@Anlazo]

Sure, because they got Elon’s face on it.

[@Prospek23]

I thought that was silly too. If you can get to 400k without advertising.., you can really scale once you add marketing

[@AlbertAlbie]

Daymond knew, they really wanted him on board.

[@sonyvalencia]

Daymond was like I was about to be out, but they recognized my value as a shark and put some respect on my name so am back in.

[@ShadowfinderMusic]

Can't believe Mr. Wonderful, Robert & Mark were out so quickly. Boy did they make a mistake.

[@tristg4092]

Have worn these for two years and still my favorite most durable and comfortable pair of socks

[@krishnamahawar319]

I also Need it . 😭

[@jokerrhe]

they seem just like normal socks,, u sure it's not just cuz they on this show?

[@tristg4092]

@@jokerrhe yeah, honestly haven’t bought any other products from this show. Just received them as a gift then found out a few months ago they were featured on sharktank. Unless you have wool material socks, these are a solid brand to buy from

[@jokerrhe]

@@tristg4092 aight i'll take ur word for it.. i just kno wool socks don't smell if remember correctly.. but i'm just hating cuz they made in China and they getting rich off of it 😄

[@tomgillotti]

I know it’s for show, but these Sharks are brutally prideful. Pass on working with anyone who will sit there and berate me and not give me several seconds to think about 7 figure deals. Soul isn’t worth any dollar amount.

[@GeddyRC]

Agreed, although I do wonder how much of it is staged or cleverly edited for the sake of a 10 minute episode.

[@joecold8200]

@@GeddyRC its an hr editted down to 10 minutes, also good entertainment with clips liek dat

[@adambrawerman1675]

Best socks I've ever owned, and now they do $10M annually. Everyone wins with this deal.

[@yousufibrahim884]

They actually do $100M+ in annual revenue

[@evette8558]

What's so special? They feel just like a 6 pair I get at ross for $6.99

[@oliviachoate1358]

I have 3 pairs for college work and airplanes , and my older grandparents wear them in wheelchairs . GREAT PRODUCT

[@MarkusHeimy]

Biggest success in the history of Shark Tank. If only the investors had a crystal ball.

[@notme3686]

Barbara called in sick just to make sure she'd be out.

[@jamestheaccountant958]

Day one turned 200k into a 34 million dollar stake

[@chrisnoziere2893]

Daymond is negotiable that’s what I like most about him!

[@moniehookemomolu2845]

I was literally screaming:TAKE THE DEAL!!!!!🤣

[@ArinSauls]

3:32-3:36 when Damon said “you get both” I died laughing 😂

[@efraimsoloway4420]

3:58 tough words for the most successful product ever on shark tank 😂

[@DrB81]

I love it when the entrepreneurs are obviously intelligent and argue back with great points. People like Robert can’t handle it an get insulted. 🤣

[@KeithAShieldToy]

😂

[@sirjuggernaut5494]

Considering I have like 20 pairs of these socks and they are by far my favorite socks, I'd say this product did good

[@filmdude9970]

It feels like the sharks knew they were gunning for Daymond specifically, so they intentionally pooped on Bombas to make them more agreeable to Daymond's offer.

[@asmrearthsounds]

Mr Wonderful with the sockies on his hands. That made my morning.

[@aaronsmith4806]

It’s hard to say it’s ludicrous when we know they are doing 100s of millions today.

[@isuruabey]

They hit $1B in sales and they were the first company on shark tank to do that.

[@tobiasobermayr501]

490k$ in 9 months, this was really a shark tank!

[@smallsmalls3889]

Daymond is laughing all the way to the bank. So far he has made over 30 Million.

[@CarlosMendez-gd2zm]

The companies net worth is 100 million. Daymond turned his investment into millions

[@amarionnyanza7950]

Daman being silent and quietly letting all the sharks talk themselves out is priceless It's such an Apax predator vibe

[@enbofficial3044]

For every 1 company that gives away half its revenue and does well, there are probably 1,000 companies that do it and fail.

[@DailyBikeBliss]

You know Daymond's interested when he's silent and just listening.

[@joeyjkim]

It’s so interesting looking at Shark Tank episodes of companies we know turned out successful. It’s so easy to say, “this business was obviously going to be a hit, why didn’t the sharks jump in?” You just never know

[@marthacanady9441]

Correction. They didn’t donate a pair of socks for every pair sold,the customer who had to pay an exorbitant price for the socks DID.

[@Curtis69213]

Who cares

[@garbygarb31]

-Explains 7 ways they're different. Robert - "tell me why you're different"

[@nobu23]

Bought some for LA marathon. worked great!

[@kylesmith6550]

One of the most suspenseful videos yet

[@timeframehq]

Bombas Socks Net Worth is now $500 Million US Dollars. Bombas sales revenues stand at $100 million annually. Considered one of the most successful products ever pitched on shark tank, Daymond John has invested $200k in the company for a 17% share.

[@ExpediaGlobe]

Think how much better the wearer of these socks will feel. He's not the only one whose feet feel warm because of these socks.Someone else's feet are getting warm due to buying this. Just what this person needed.😊

[@akulahirpada1993]

Yoi can tell from the beginning that Daymond was interested in investing, but he was just trying to play it lowkey to get more lol.

[@gauravmalik1883]

I like that daymond didn't get influenced by other sharks' pov

[@vamsic8616]

Music guy was in his bag this episode

[@bokaboka4675]

Bombas Socks 500m net worth today. Its insane how much they built it in few years.

[@cchavezjr7]

I still can't understand Kevin's talk about losing half the profit from donating. The cost of the sock is NOT retail price. It only costs them their manufactured cost which is much, much less than retail. Hard to believe that Kevin can't figure that out.

[@briannaoppong-antwi9702]

Daymon was flattered they wanted him so much

[@marianne2935]

Bombas socks are actually awesome

[@melissahyland457]

I think there should have,might have been more consideration of the altruistic fact of giving away 1 pair for each pair sold !!!…You guys rock ! Ignore “Mr. Wonderful”…⭐️💕

[@syd7801]

3:07 Daymond glances up and into the future...

[@donnelgulle9011]

No need for a cringy pitch. This is the most direct to the point pitch ever

[@NormaLilia24]

I bought bombas socks, they expensive but also feel very nice quality

[@kitsomogale4945]

Barbara : im outside the episode so for that reason im out

[@MarkusHeimy]

It was a gift to the Sharks in the end, not the entrepreneurs.

[@shanepeak2159]

All the rest of the sharks "wasnt Bombas in here and we told them they are crazy as fruit tree bats......." Bombas "how you like me now"

[@truethought2581]

Im wearing these socks right now... Damn good sock in my opinion.

[@DK_Son]

Barbara was so out, she wasn't even there.

[@tunasandwich2630]

😂😂😂😂

[@prasannavasanrajkumar9082]

Now they have done more than 1.5 billion in sales

[@mrhumble2937]

This was a easy deal not sure what they were thinking with some of the deals these sharks take. Makes me think they aren't as smart as they think.

[@M_R_K_04]

Almost got Rejected and now the best selling Shark Tank Product

[@funnysunday8167]

Daymonds stake is now worth 34million dollars

[@user-tz1jv1eh2f]

To this date of april 7th 2024 Bombas made more than two hundred and eighty five million dollars. They have been the most successful seller out of all of the sharktank contestants to date.

[@JM-kr3sy]

Have a pair they feel like socks

[@J0searreaza]

As of 2023, Bombas is worth $100 million.

[@TotalShockzz]

Why did they have to zoom in on marks foot like that

[@smallsmalls3889]

Annual revenue of $150 million and life time sales of $500 million which means Raymond has earned over 60 million

[@andryrandria-dp2fe]

They are now over 1 Billion in sales 😍

[@rafaelmanolaros]

im very impressed i read it that the company did quite well. beverage food package and clothing buissnes are big no no. mainly for 3 reasons: 1 terrible margins 2 you need to spend all of your cash flow in customer aquisition in order to even get the chance to get on retail meaning that you are not profitable for at least two years 3 when you reach the retail store its almost impossible to even brake even because big brands will cut your distribution in half making making exclusivity deals with distributors and retailers so basicly if you even see your money back you whould be extremelly lucky. god bless you all and your families 🤲

[@CiscoSaeed]

I think its fair enough..good deal if daymon will manage the marketing

[@talishawiggins8477]

This is a old episode the company’s net worth is 100 million dollars now and Daymond current stake is 34million

[@CiscoSaeed]

@@talishawiggins8477 Brilliant!

[@iwrk]

The CFO was right about the valuation.

[@joescutari]

Im here in 2024 to report this is the most successfull conpany on Shark Tank and has made over a billion dollars since this show

[@actuasco]

i don't blame the other sharks for backing out. hindsight is 20/20

[@AuthorAltman]

Mr. Wonderful is Shark Tank 🦈

[@sam-joseph]

Bombas is now making 1.2 billion

[@jtmoney43211]

Just saw these in Academy Sports

[@deandrebrown4521]

Hot take: I think Kevin liked the business. He was just trying to get them to lower their evaluation. He always does this. Then he swoops in

[@Timtimzi]

Damn. I just got a in-video sponsored ad about Bombas. Can't believe that of all things it's just a sock..

[@The-Eternal-truth235]

And this is how the story of the most successful shark tank company began