Flamingo Charger

$500k
Asking Valuation
$450k
Post-deal valuation
Yes
Is Flamingo Charger still in business?

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What is Flamingo Charger?

Flamingo is a pre-charged, rechargeable portable phone charger with a 3-in-1 tip (micro USB, USB-C, and lightning cord), designed for convenience on the go.

Flamingo Charger's Shark Tank Pitch Recap

Smith Allen Baggot, a cowboy and cattle rancher, pitched Flamingo, a pre-charged portable phone charger. He asked for $100,000 for 20% of his company. The Sharks were intrigued by his unique background and entertaining pitch. Kevin O'Leary questioned the product's viability in a saturated market. Barbara Corcoran was impressed with Smith and the product's simplicity. After some negotiation, Barbara offered $100,000 for 22% equity, which Smith accepted.

Who invested in Flamingo Charger?

Flamingo Charger's Pitch Highlights

Smith Allen Baggot is a fourth-generation cattle rancher.

He got the idea for Flamingo while working on his ranch.

The product's name, Flamingo, contrasts sharply with the founder's cowboy persona.

Smith claimed the chargers can hold a charge for a couple of years.

One of his sales was to a theme park.

He mentioned using the investment money to attend more trade shows, having had success with just one previously where he generated $318,000 in sales.

Flamingo Charger Shark Tank Update

  • Gained significant media attention and brand visibility.
  • Expanded product offerings with multi-packs and potential retail partnerships.
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