Baubles + Soles Net Worth 2023 Update (Before & After Shark Tank)

Baubles-Soles-Shark-Tank-US-Net-worth-Update

Baubles + Soles, stylish, interchangeable kid’s shoes, was started by Lisa and Duc Nguyen in 2017. Baubles + Soles net worth was $1 million in 2019 based on the Shark Tank deal.

In 2019 they appeared on season 11 of Shark Tank USA and made a deal with Daymond John,  $150,000 for 25% of equity.

Unfortunately, Baubles + Soles is no longer in business. They announced their closure in 2022 through their social media channels. The company was known for its colorful and interchangeable children’s shoes, which were made from a sustainable bio-based material.

Baubles + Soles Net Worth

Net worth$1 million (2019)
Annual Sales Revenue
Profits
Lifetime sales
InvestorDaymond John
FounderLisa and Duc Nguyen
Employees

Baubles + Soles Net Worth Timeline

Net Worth 2023
Net Worth 2022
Net worth valuation 2019 after appearing on Shark Tank  $600,000
Net worth valuation 2019 before appearing on Shark Tank  $1 million

Baubles + Soles Pitch on Shark Tank

Company nameBaubles + Soles
ProductStylish, interchangeable kid’s shoes
EpisodeSeason 11 Episode 07
Founders Lisa and Duc Nguyen
Asked for$150,000 for 15% equity
Final deal$150,000 for 25% equity
Shark Daymond John
LocationUSA

Don’t miss these product from Season 11

Baubles + Soles Founders

Baubles + Soles was founded by Lisa and Duc Nguyen in 2017. The couple was inspired to create Baubles + Soles after their daughter, Kaia, quickly outgrew a pair of beloved shoes with hearts on them. They wanted to design shoes that could be easily customized to match any outfit and that would last longer than traditional children’s shoes. Baubles + Soles’s founders, Lisa and Duc Nguyen, have a net worth of $150,000 as of 2023.

Key accomplishments

YearAccomplishment
2019Appeared on Shark Tank season 11 and Daymond John invested $150,000 for 25% equity
2020Received recognition for their commitment to sustainability and social impact.
2021
Released new designs and collaborations with popular brands.

Conclusion

Some companies that appear on the show have not achieved great success, and the Baubles + Soles was one of them. Sometimes businesses don’t succeed because of many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However,  Baubles + Soles went out of business in 2021. And the product is no longer available in the market.