What happened to Matador Meggings on 'Shark Tank'? Daniel Lubetzky advises founder after 'entertaining' pitch
LOS ANGELES, CALIFORNIA: Leggings have revolutionized gym wear by giving fitness enthusiasts unmatched comfort. Matador Meggings who believes they have identified a need in the market, walked away without a deal from 'Shark Tank' Season 15.
The company was started by Valentine Aseyo and offers stylish athletic clothing for men. Valentine appeared on the most recent episode of 'Shark Tank', however, he was unsuccessful in cracking a deal.
'Shark Tank' Daniel Lubetzky warns Matador Meggings' founder
Daniel Lubetzky took to X to share a piece of advice with Matador Meggings' founder shortly after the episode aired.
He wrote, "Valentine from @matadormeggings gave an entertaining presentation, but stage presence and entrepreneurial chops aren't always a *package* deal. At the end of the day, I felt like Valentine has more to figure out. I really liked him and wish him the best!"
Valentine from @matadormeggings gave an entertaining presentation, but stage presence and entrepreneurial chops aren't always a *package* deal. At the end of the day, I felt like Valentine has more to figure out. I really liked him and wish him the best! @abcsharktank #SharkTank pic.twitter.com/jFLpxAcWqW
— Daniel Lubetzky 🇺🇦 (@DanielLubetzky) October 7, 2023
Further adding to why the Sharks may have backed out from making a deal, Daniel wrote, "@matadormeggings needs to be careful not to launch too many SKUs too fast. I learned this lesson the hard way when building @KINDsnacks' predecessor PeaceWorks: when you try to be everything to everyone, you risk becoming nothing to no one. "
@matadormeggings needs to be careful not to launch too many SKUs too fast. I learned this lesson the hard way when building @KINDsnacks' predecessor PeaceWorks: when you try to be everything to everyone, you risk becoming nothing to no one. @abcsharktank #SharkTank pic.twitter.com/101Bwcef6T
— Daniel Lubetzky 🇺🇦 (@DanielLubetzky) October 7, 2023
Where is Matador Meggings now?
The firm was already doing well, but 'Shark Tank' will significantly increase sales in the following 48 hours. They only learned about their episode's premiere date a few weeks ago, but they should be able to manage orders.
Valentine may have difficulty scaling the business as knock-off items flood the market.
MatadorMeggings.com is the website to visit if you want to purchase their stuff.
From over 6,000 customer evaluations, their meggings have received an average rating of 4.9 stars. They also sell shorts, tees, and bicycle clothing in addition to leggings. These are all created from the same materials as the meggings.
What is Daniel Lubetzky's net worth?
Daniel who began his career as a lawyer, established the Kind Bar in 2004 after seeing a lack of convenient, energizing, and healthy snacks while traveling. Since then, the company's value has risen to almost $2.9 billion.
When was PeaceWorks founded?
Daniel previously founded PeaceWorks, a marketing, consulting, and distribution firm, in 1994. PeaceWorks specializes in selling things made by conflicting parties, such as Arab and Israeli chocolates.
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'Shark Tank' Season 15 airs every Friday on ABC at 8 pm ET.