Shelly Ehler founded ShowNo Towel, a towel designed for modest changing in public. After her appearance on Shark Tank in 2012, she secured a deal with Lori Greiner for $75,000 in exchange for 25% equity.
The product gained initial success, including placement in Disney’s water parks, but Lori’s involvement was minimal, and no mass manufacturing deal was reached. Despite relaunching in 2018 after a 2016 closure, the company ceased operations again in 2020.
As of 2024, ShowNo Towel is no longer in business, and its net worth is unknown.
Show No Towel Net Worth
| Estimated Net worth | $200,000 (Business valuation) |
| Annual Sales Revenue | Not available |
| Lifetime sales | Not available |
| Investor | Lori Greiner |
| Founder | Shelley Ehler |
| Employees | – |
Show No Towel Pitch on Shark Tank
| Company name | Show No Towel |
| Product | Poncho shaped bath towel |
| Episode | Season 03 Episode 04 |
| Founder | Shelley Ehler |
| Asked for | $50,000 for 25% Equity |
| Final deal | $75,000 for 25% Equity |
| Shark / Sharks | Lori Greiner |
| Location | USA |
Don’t miss these products from Season 03
Show No Towel Founder
Show No Towel was founded by Shelley Ehler in 2010. She is an entrepreneur and inventor who has created a number of successful products, including the Show No Towel and the Blow Up Cutout business.The networth of Show No Towel’s founder, Shelley Ehler, is unknown as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2012 | Appeared on Shark Tank season 3 and Lori Greiner invested $75,000 for 25% Equity. |
| 2013 | The Show No Towel launches in the marketplace. |
| 2015 | The Show No Towel wins the “Best New Product” award at the Outdoor Retailer Summer Market. |
Conclusion
Some companies that appear on the show have not achieved great success, and the Show No Towel 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, Show No Towel went out of business in 2017. And the product is no longer available in the market.
