Blinger, a distinctive hair tool, has been a shimmering sensation since its appearance on Shark Tank. Angie and Cambria Cella, the mother-daughter duo behind Blinger, turned a dream into a successful reality. This blog post will provide you with a comprehensive update on Blinger’s journey, from its pitch on Shark Tank to its current status and future projections.
The Blinger Pitch and Deal at Shark Tank
In Season 15 of Shark Tank, the Cellas presented their unique product, a tool that attaches gems to hair without causing any damage. This invention, designed for special occasions like dance competitions, proms, and weddings, caught the eye of the experienced Sharks.
They asked $200,000 for a 5% equity stake in his company. The duo secured a deal with Barbara Corcoran, who offered $200,000 for a 25% equity stake in their company. The concept for Blinger arose from a dream that Angie had. Subsequently, she dedicated five years to the development of a functional prototype.
Is Blinger Still in Business?
Yes, Blinger is very much in business and thriving. Despite facing numerous challenges, such as finding investors, dealing with debt, and contending with knock-off products, Angie persevered.
She made a licensing deal with a toy company, which led to significant sales. As a result, Blinger is not only in business, but it’s also thriving. The company’s reported sales for the year in which filming took place were $1,640,000, with a projected year-end revenue of $4.2 million.
What Was Blinger’s Net Worth?
The journey of Blinger hasn’t been without challenges. Angie Cella faced difficulties in developing the prototype and securing investors. The struggle was real to the point that she even sold her home to finance the project. However, her perseverance bore fruit when Blinger’s sales took off. At the time of filming, Blinger’s net worth was projected to be $4.2 million with a profit of $1.5 million.
Impact of Shark Tank on Blinger
Being on Shark Tank not only gave Blinger the exposure it needed but also provided Angie with the guidance she sought. Despite her lack of business experience, Angie knew the importance of having an experienced business partner. With Barbara’s involvement, Blinger is expected to grow further and restructure, ensuring its success in the competitive market.
Where is Blinger Now?
Blinger products are available for purchase on the company’s website and Amazon. The company’s growth trajectory has remained positive, and its products continue to garner attention from various sectors.
Business Overview
Blinger is more than just a product; it’s a brand that combines fashion and fun. It’s a hairstyling tool that appeals to a broad age range, from young kids to adults. The company’s dedication to providing a safe, easy-to-use product has contributed to its success. The Cellas’ entrepreneurial spirit and determination have pushed the brand to new heights.
Conclusion
The journey of Blinger is a testament to the power of dreams and the value of determination. From a dream to a Shark Tank pitch, a deal with Barbara Corcoran, and continued business growth, Blinger has blazed a trail of success.
It remains a shining example of how creativity, resilience, and strategic partnerships can result in a thriving business. As we look forward to future updates about Blinger, we celebrate the sparkling success it has achieved so far.
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