SliimeyHoney Shark Tank Update | SliimeyHoney Net Worth

Sliimeyhoney is a company that manufactures pliable, stress-relieving slime products. These slimes are unique as they are made to resemble real-life food delicacies, with scents that match their food counterparts.

The company offers a wide range of over 100 different slimes, with new ones being released every week. Sliimeyhoney’s slimes are made to give a satisfying sensory experience. They have fun textures and pleasant smells for even more enjoyment.

The slimes are made using high-quality ingredients and are carefully crafted to ensure a pleasant tactile experience. While they resemble real food, it is important to note that they are not meant to be eaten.

Sliimeyhoney underscores that these slimes are designed to provide stress relief and sensory stimulation. Sliimeyhoney succeeds by turning playing with food into a fun and one-of-a-kind experience.

The company has gained popularity through its presence on platforms like TikTok, which has amassed a substantial following. Customers love the quality and scent of the slimes. They have given positive reviews, saying that the textures are delightful, and the smells are appealing.

The appeal of Sliimeyhoney lies in its ability to provide a fun and stress-relieving activity for people of all ages. Those seeking a sensory experience will appreciate its variety of scents and textures.

Moreover, Sliimeyhoney’s continuous release of new slimes keeps customers engaged and excited about their products.

Sliimeyhoney offers a unique and enjoyable way to alleviate stress and engage in sensory play. The great slimes, nice smells, and lots of choices make it popular for those looking for a fun and relaxing activity.

Company NameSliimey Honey
FounderMark Lin
ProductSlime Business
Investment Seeking$150,000 for a 10% equity
Final Deal Accepted$150,000 for a 20% equity
EpisodeSeason 14, Episode 8 of Shark Tank USA
Business StatusIn Business
WebsiteVisit Website
Net Worth$1 million

What Is Sliimeyhoney?

Sliimeyhoney is a company that specializes in crafting and selling high-quality slimes. They offer a variety of slime products that are designed to provide satisfaction to their customers. The company takes pride in creating slimes that are visually appealing and enjoyable to use.

They use premium ingredients to ensure the highest quality and offer various slime options to cater to different preferences. Sliimeyhoney also keeps up with the latest trends and releases new slimes regularly.

Four brand-new slimes inspired by the Wonka movie are in one of their latest collections. These slimes are Chocolate Fountain, Cotton Candy Clouds, The Wonka Factory, and Wonka Bar. Each slime has unique characteristics and is available on their website.

SliimeyHoney Shark Tank Update | SliimeyHoney Net Worth

Sliimeyhoney provides detailed information about each slime product, including regular price, sale price, unit price, and availability. Customers can view each slime’s images and purchase directly from the website.

Sliimeyhoney also values customer feedback and displays reviews from satisfied customers on their website. Customers have praised the quality of the slimes, the pleasant scents, and the fast shipping.

Overall, Sliimeyhoney is dedicated to providing customers with gourmet, high-quality slimes crafted for satisfaction.

Who Is The Founder Of Sliimeyhoney?

Mark Lin is the founder of SliimeyHoney. He started the business in high school with a small investment of $200 from his parents. Despite having little business experience, Mark began producing slime in a storage room at his parents’ home.

Like many other entrepreneurs, Mark found more time to focus on his business during the COVID-19 pandemic. In July 2020, he embarked on a journey to become a masterful creator of slime, showcasing his impressive collection of products on TikTok. 

Mark quickly gained attention and became an instant media sensation, accumulating 800,000 followers across social media platforms.

The idea for SliimeyHoney came from Mark’s desire to create a sensory delight for adults. He wanted to evoke childhood nostalgia and provide a way for adults to relieve stress and anxiety.

Mark designed SliimeyHoney with dazzling colors, clever designs, and fun sounds to engage the senses. The various textures and scents of the slime also add to the sensory experience.

Before appearing on Shark Tank, SliimeyHoney had already gained popularity and attracted a global customer base. Mark’s creative inventory of slime offerings, such as Cloud Cream, Thick & Glossy, Ice Cream, Crunchy, Snow fizz, Floam, and DIY Clay, had garnered attention and a loyal following.

SliimeyHoney’s website, sliimeyhoney.com, served as the primary platform for customers to purchase the products. The founder provided instructions on how to care for the slime, including dealing with stickiness, stiffness, or hardness. It was emphasized that SliimeyHoney is not edible and should be kept away from children and pets.

Mark’s passion for making fun slime for adults and his unique production methods made SliimeyHoney successful even before appearing on Shark Tank.

How Was The Shark Tank Pitch Of Sliimeyhoney?

Mark Lin, the founder of Slimeyhoney, presented a product on Shark Tank that helps reduce stress and anxiety. Slimeyhoney develops non-edible slime that resembles real food, offering customers various options from their online store.

Mark Lin sought a $150,000 investment in exchange for 10% equity in his company. He impressed the Sharks by revealing that Slimeyhoney had already achieved lifetime sales of over $1.2 million.

SliimeyHoney Shark Tank Update | SliimeyHoney Net Worth

Kevin O’Leary expressed his interest in the product and offered $150,000 for 30% equity. However, Mark countered with a reduced equity percentage of 20%, which Kevin did not accept.

Daniel decided not to make an offer, while Lori Greiner also opted out of investing in Slimeyhoney. Daymond John then stepped in and offered $150,000 for 25% equity.

Mark Lin negotiated further and successfully convinced Daymond and Kevin to agree on a deal with a 20% equity stake in the investment.

Ultimately, Mark Lin accepted Daymond John’s offer of $150,000 for 20% equity in Slimeyhoney, making Daymond the chosen investor and business partner.

Shark’s NameInvestment OfferedCounter Offer by FoundersFinal Deal Accepted by Founders
Kevin O’Leary$150,000 for 30% equity20% equityNo
DanielN/AN/AN/A
Lori GreinerN/AN/AN/A
Daymond John$150,000 for 25% equity20% equityYes
Mark CubanN/AN/AN/A

Did Sliimeyhoney Get a Deal on Shark Tank?

Yes, SliimeyHoney did secure a deal on Shark Tank. Mark Lin, the founder and CEO of SliimeyHoney, asked for $150,000 and offered a 10% stake in the company, with a valuation of $1.5 million, on Shark Tank Season 14, Episode 8.

After negotiations, Daymond John offered $150,000 for a 20% equity, which Mark accepted. This deal with Daymond John allowed SliimeyHoney to grow their business with the guidance and support of an experienced entrepreneur.

Since the episode aired, SliimeyHoney has reported increased sales and continues to operate successfully as of September 2023.

What Happened To Sliimeyhoney After Shark Tank?

SliimeyHoney, a slime business created by Mark Lin in 2018, grew and became successful after appearing on Shark Tank. During the pitch, Mark secured a deal with Daymond John, who invested $150,000 for a 20% equity stake in the company.

Following the episode’s airing, SliimeyHoney saw a surge in sales and popularity. Within eight days of the episode airing, all the products on their website were sold out. This increased demand prompted Mark to restock the products on January 21, 2023.

SliimeyHoney Shark Tank Update | SliimeyHoney Net Worth

Mark’s entrepreneurial skills and effective management have contributed to the continued success of SliimeyHoney. He has demonstrated strong business acumen while balancing his Business/Managerial Economics studies at UCLA College.

To accommodate the growing business, Mark moved to a new 3000-square-foot warehouse. SliimeyHoney has achieved lifetime sales of $3.5 million. This remarkable growth showcases Mark’s ability to build a profitable business at a young age.

Daymond John’s investment and mentorship have been instrumental in guiding SliimeyHoney’s growth. The company maintains a strong profit margin of up to 70%. With ongoing support from Daymond and Mark’s dedication, SliimeyHoney remains a thriving business.

SliimeyHoney saw remarkable growth and achieved great success following their appearance on Shark Tank. Mark Lin’s adept management, coupled with Daymond John’s investment and guidance, has propelled the company to achieve impressive sales figures and establish itself as a prominent player in the slime industry.

Sliimeyhoney Shark Tank Update

After appearing on “Shark Tank,” Sliimeyhoney experienced a significant boost in sales and popularity. The company, which creates tactile, anxiety-relieving slime based on different foods, sold out within days of its episode airing.

Before the show, Sliimeyhoney had already achieved impressive success, with $1.2 million in net profits and a 70% profit margin. The exposure from “Shark Tank” helped Sliimeyhoney sell out all its merchandise within six days of the episode airing.

The company received a lot of new orders because it gained attention and interest from being on the show. Sliimeyhoney had built a robust social media following, particularly on TikTok, with around 900,000 followers before its “Shark Tank” appearance.

Daymond John, one of the Sharks, invested $150,000 for a 20% equity stake in Sliimeyhoney. John’s level of involvement after closing the deal is uncertain, but Sliimeyhoney appears to be thriving, regardless of having a mentor or not.

The company’s success story demonstrates the power of the “Shark Tank” platform and its impact on growth and visibility.

In summary, Sliimeyhoney experienced a surge in sales and sold out all its merchandise after appearing on “Shark Tank.” The exposure from the show helped the company leverage its existing social media following and achieve even greater success. Daymond John’s investment provided additional support for Sliimeyhoney’s continued growth.

Is Sliimeyhoney Still In Business?

Yes, Sliimeyhoney is still in business. Currently, Sliimeyhoney products can be purchased from various online platforms such as Etsy, TikTok shop, and their official website, Sliimeyhoney.com.

The brand has received positive ratings, with many products achieving a 4-star rating or above on their website. Customers can also enjoy a 15% discount using the code “Sharks.”

Mark’s main goal is to find a warehouse and move his operations out of his parent’s garage. He plans to expand into major retail chains like Target and Walmart.

SliimeyHoney Shark Tank Update | SliimeyHoney Net Worth

Mark is determined to continue growing Sliimeyhoney as a successful business, despite its current value of $1 million and sales of over $600,000.

Sliimeyhoney is still active and thriving in the slime industry, offering stress-relieving and scented products for adults. Sliimeyhoney is doing well online and plans to expand into major retail stores, attracting more customers and succeeding in the market.

What Is the Net Worth Of Sliimeyhoney?

According to our research, Sliimeyhoney is estimated to be worth $1 million. The valuation of Sliimeyhoney was $750,000 after securing an investment from Daymond John on Shark Tank season 14.

Also, read about other businesses that appeared in episode 08 of season 14 of Shark Tank:

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