Emma Grede Offers Mika Bertholdo’s Ooakshell a Deal on Shark Tank

On Friday, ABC aired the 22nd episode of the 13th season of Shark Tank. The program included a launch from Ooakshell, a headband startup. Mika Bertholdo of Dallas, Texas is the founder of the company.

What was Mika Bertholdo’s presentation about?

Mika Bertholdo appeared on the ABC show to show off her adjustable and versatile headband, which she dyes by hand. The businesswoman came in seeking $150,000 for a 15 percent stake, intending to acquire some marketing help and grow her company from her home to an office. Mika Bertholdo’s presentation impressed the sharks, and guest shark Emma Grede was the first to jump in and propose a deal. The billionaire businessman offered $150,000 in exchange for 20% of Mika Bertholdo’s company. Initially, the founder was seen trying to make a counter offer by reducing the share ratio to 13, but Emma Grede refused.

Mika Bertholdo signed a contract with the co-founder of SKIMS

He eventually got a deal with the co-founder of SKIMS. Mika Bertholdo sells Ooakshell headbands for $35 a piece, costing just $1.64 to make. The huge profit margin not only made the jaws of the sharks drop, but also impressed the audience. Mika Bertholdo’s firm seemed to be doing well for a one-man army, as he reported that the company has an 81 percent return rate. He also mentioned that his spouse helps her pack the items, but he’s not very good at it. She referred to him as her company’s “excellent unpaid intern.”

Meanwhile, many fans couldn’t help but rave about the profit margin. Here are some of their responses:

Mika Bertholdo was very excited when she introduced her company, Ooakshell, on Shark Tank Season 13 Episode 22. “Have you ever worn one of those one-size-fits-all headbands that squeeze the bejesus out of your skull and then give you a headache? throbbing head? she said in her tone. Look no further, Sharks, because I’ve got your back.”

He went on to say, “A fully adjustable, one-size-fits-all handcrafted headband that can be styled in endless ways.” Ooakshell’s patented design allows you to change the fit to your comfort level using our signature rings.” Mika Bertholdo was then shown instructing the sharks on how to wear the headbands and modify them to suit the customer’s taste. She went on to say that she hand-dyes the items herself.