M3 Girl Designs - Shark Tank Update

M3 Girl Designs - Baby and Children's Apparel and Accessories

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Season 3, Episode 5 Founded by Maddie, Margot and Diane Bradshaw Out of Business

M3 Girl Designs Details

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Shark Tank Episode Details

Founders Maddie, Margot and Diane Bradshaw
Air Date 2012-02-17
Season & Episode Season 3, Episode 5
Initial Ask $300K for 15.0% equity
Deal Details Got deal: $300K for 30.0% equity from Mark Cuban, Lori Greiner, Robert Herjavec
Estimated Yearly Revenue N/A
Estimated Net Worth (4x estimated revenue) N/A

The Shark Tank Pitch

Child entrepreneurship rarely achieves genuine commercial success, but ten-year-old Maddie Bradshaw defied every conventional wisdom when she transformed her middle school locker decoration project into a multi-million-dollar fashion accessory empire that would captivate both teenage customers and seasoned business investors. What began as creating decorative bottle cap magnets for her own locker evolved into Snap Caps – an innovative jewelry line that tapped into the massive "tween" market with remarkable precision and creativity.

Accompanied by her mother Diane and younger sister Margot, Maddie entered the Tank with numbers that stunned even the most experienced Sharks: $5 million in sales over five years, $1.6 million in 2011 alone, and distribution through over 1,000 stores nationwide spanning toy shops and boutique retailers. Their product line had expanded far beyond bottle caps to include jewelry, bags, ribbons, and accessories that resonated with young girls seeking affordable ways to express their individuality.

Seeking $300,000 for 15% equity, the mother-daughter team represented not just a business opportunity but a generational shift in entrepreneurship, with Maddie having already authored a book titled "You Can Start a Business, Too!" while simultaneously running a company with ten sales representatives.

Where Are They Now?

The ensuing bidding war demonstrated the economic power of "girl power" as every Shark recognized the enormous potential in capturing the loyalty of young female consumers with disposable income and strong brand preferences. Kevin O'Leary opened with $300,000 for 30% equity, followed by Lori Greiner's $300,000 for 40% offer that included personal mentorship, while Mark Cuban and Robert Herjavec quickly joined the fray, recognizing the company's massive market opportunity.

However, the negotiation's most memorable moment came when young Margot boldly demanded Dallas Mavericks season tickets as part of their deal with Cuban, showcasing negotiation skills that would impress veteran dealmakers. Cuban's counter-offer of luxury suite access whenever they wanted sealed the three-way partnership deal for $300,000 and 30% equity split among Cuban, Greiner, and Herjavec.

Unfortunately, this remarkable success story took a devastating turn when trademark lawsuits and legal complications forced the business to close in 2015, with the Shark Tank deal never finalizing due to the mounting legal challenges. We found that despite the business closure, Maddie's entrepreneurial foundation served her well in academia, leading to degrees from Stanford University and Harvard's Masters in Education program, ultimately establishing her current career as an instructional technology coach at a private school in Los Angeles, proving that the skills learned from building a $5.2 million lifetime sales empire provided invaluable preparation for whatever path life might offer.

Revenue

N/A

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