Hot Mama Gowns Net Worth 2024 Update (Before & After Shark Tank)
Hot Mama Gowns’ net worth was $150,000 at the time of their pitch in 2011 based on the $30,000 offer for 20% equity of the company. Hot Mama Gowns is a luxury maternity gowns business. Deidrea Haysel started this in 2006.
They appeared on Season 2 of Shark Tank USA in 2011. Although sharks were impressed by Deidrea’s sales skills, they had concerns about investing in her business. Despite the odds, Barbara decided to offer $30,000 for 40% equity. However, Deidrea thought the offer was too high, and Barbara took it off the table.
Deidra had to leave the show without any deal. There is limited information regarding the company’s post-shark tank experience. The company website and social media handles gradually became inactive, and they ceased operations in 2013. As of 2024, it is out of business.
Hot Mama Gowns Net Worth
| Net worth | $150,000 (2011) Business valuation |
| Annual Sales Revenue | Not available |
| Profits | Not available |
| Lifetime sales | $11,500 (2011) |
| Investor | None |
| Investment | None |
| Founder | Deidrea Haysel |
| Employees | – |
Hot Mama Gowns Net Worth Timeline
| Net Worth 2024 | Out of business |
| Net worth valuation in 2011 before appearing on Shark Tank | $150,000 (Business valuation) |
Hot Mama Gowns Pitch on Shark Tank
| Product | Luxury maternity gowns |
| Episode | Season 02 Episode 06 |
| Founder | Deidrea Haysel |
| Asked for | $30,000 offer for 20% equity |
| Company name | Hot Mama Gowns |
| Final deal | No deal |
| Shark | No shark |
| Location | USA |
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Hot Mama Gowns Founder
Deidrea Haysel founded Hot Mama Gowns in 2006. Deidra gave birth to her first child in 2006. Her maternity journey and background in sales inspired her to start this business. Hot Mama Gowns’ founder, Deidrea Haysel’s net worth is unknown as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2011 | The company was featured in Shark Tank USA. |
Conclusion
Some companies that appear on the show have not achieved great success, and the Hot Mama Gowns 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, Hot Mama Gowns went out of business in 2013. And the product is no longer available in the market.
