The Holiball, which appeared in Shark Tank Season 12 Episode 7, is an inflatable Christmas ornament. Holiball inventors Kristy Moore, Jennifer Couch, and Amberly Hall sought $150,000 in exchange for 10% stock in Shark Tank.
Later, the deal was accepted by Mark Cuban and Barbara Corcoran for $150000 with 25% stock in exchange. Barbara Corcoran thinks that the producers are out of line with their valuation and makes them a conservative offer which Mark Cuban joined.
Its founders are Houston-born cousins Amberly Hall, Kristy Moore, and Jennifer Couch. They discussed launching their own business and decided to create a cheap inflatable Christmas decoration.
This company made $171,000 in sales on November 1st, 2019. By 2020, the founder expected to make $650,000 in sales. As a result, her profit from sales will increase to $300,000.
Holiball had generated sales of $ 115,000 in January of 2020, which were sales following Christmas. Before the Pandemic, this firm was entirely wholesale, with 70% of its income coming from wholesale. When the Pandemic struck, Holiball turned digital and created an SEO-optimized website.