Shark Tank US | Is Bombas' Valuation Ludicrous?

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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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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

Techraider
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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!

Just-Princess
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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.

arkade-
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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

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

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

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

Pravduh
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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.

The.daily.purpose
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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

stevenkugel
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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 "

alphadevilll
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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 🗣️

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

OvaltineJenkinsFx
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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!!!

MeMyselfAndBob
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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

ajs
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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!

GeddyRC
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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.

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

trogdorX
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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

nwijesinghe
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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.

Orto
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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

Tha_Mentalist