The clothing is entirely made of organic cotton. Daymond questions the valuation, and they say they used potential. Not just that, you can also watch old seasons and episodes on Amazon Prime Video and iTunes. She launched her business in October 2020 while raising a newborn and dealing with a global pandemic. They have a made variety of products like crochet stuffed animals, African fabric balls and animals, scooter baskets, rattles, and more. Shark Tank is a popular show, whatever startup comes in this show becomes a popular one. window.googletag.pubads().addEventListener('impressionViewable', function(event) { }); Sometimes it just takes the right person to see the vision in order to make things happen! It was founded by Temidayo Adedokun. eventAction: 'view' The Sharks were collectively impressed by the quality, softness and vibrancy of the clothes. After a desire to help their children remain connected to their roots, Abisola and Temidayo Adedokun created Ade+Ayo, The Adedokuns countered for $200,000 for 30 percent, but after another judge forewarned them not to nickel and dime the offer, the pair, While some viewers hoped that other judges like, Either way, the Adedokuns now have a deal that could possibly take their business to the next level and land eyes on the company that may lead to their. Your email address will not be published. 2022 AfroTech, Blavity, Inc. All rights reserved. Temidayo Adedokun did her Bachelor of Arts in Economics from the University of California, Davis. , What Happened to Nardo Normal After Shark Tank? Temidayo Adedokuns experience in Shark Tank was very good, she got to learn a lot from this show. 
We are one of the worlds fastest growing This left Barbara Corcoran. This brand is making waves and we cant wait for our next update. Barbara was firm at 33.3%, but she agreed with the higher dollar amount. They accept Barbaras $200,000 for 33.3%. In addition to clothes, these Ade + Ayo artisan-crafted toys are also made. All Rights Reserved. After she finished, they all remarked that the clothing was soft and colorful. Adedokun started this startup together with her husband Abisola, although she had to face a lot of challenges in the beginning. It is targeting a simple design, it is very difficult to find products of this design. if(document.querySelector("#google_image_div")){ Been wanting to catch up? If the deal didn't make sense to Daymond business wise I understand. window.adsContainer = 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Plus, she made sure the products were affordable for an average household. They asked the Sharks for $175,000, in exchange for 10% of Ade + Ayo. pg.acq.push(function() { The site includes artisan-crafted handmade toys from Rawanda, African fabric balls and animals, crochet stuffed animals, scooter baskets, and rattles. Although their sales have increased by 8x, they are still making money. It provides a variety of items, from nursery products to baby clothes and toys, that range from $6 to $36. Theyve lived off savings and believe in the company. }); Her initial offer was $175,000 for 33.3% equity, plus a $500,000 line of credit.
Ade+Ayo has a wide range of products, from children wear to toys and more. One of the businesses is a childrens clothing line called Ade + Ayo, founded by Temidayo Adedokun. Using these garments, this startup demonstrates the richness of African culture. Daymond, who is a father of a toddler, recently invested in Buckle Me Baby Coats, and the non-slip childrens socks company, Squid Socks, among others. The couple, uncomfortable with giving up that much equity, countered with $200,000 for 30% and the $500,000 credit line. document.querySelector("#ads").addEventListener('click',function(){ she wrote on the brand's website. She went out because she didnt think they needed more staff. Lori doesnt like how theyll use the money; shes out. As a result of the low price levels of Ade plus Ayos products, the company is currently doing exceptionally well, receiving more than 100 orders daily. Thats why she looked for Nigerian baby clothes when she was expecting. This Ajoyo means Celebration Yoruna; Nyim, it is said that this word is king. There is no international level or US-based competitive company for Ade + Ayo. The cotton/fleece style makes them far more absorbant than any other bibs, perfect for spit up, drool and now that we're starting solids, pures as well! Next, we will give you more information about the Ade and Ayo startup. That's what happened on Friday's episode of ABC's "Shark Tank," when the star investor told off a pair of entrepreneurs for underpricing their products before ultimately investing $200,000 in their start-up.
}); $200,000 for 30%. Adedokun previously used to work full-time as a lawyer, but COVID-19 led to her being unemployed.
Any startup that appears on the famous television program Shark Tank quickly becomes well-known.
Ade & Ayo showcases an old culture through this product. if(document.querySelector("#adunit")){ The sharks were impressed by Temidayos pitch about her clothing brand. Initially, she created clothes for her kid and received positive feedback from friends and family. document.querySelector("#adunit").addEventListener('click',function(){ As per the brand's website -- "Ade + Ayo" combines the Yoruba (Nigerian language) words for "crown" and "joy," reflecting the pride and happiness children bring to their parents' lives.". Who Is The Founder Of Ade and Ayo? But O'Leary and Mark Cuban were the first investors to go out, each saying clothing wasn't the right fit for their portfolio. Get our latest news straight into your inbox. Its aimed at a simple design, which is hard to come by nowadays. After some indecision, Temidayo accepted the deal of $200,000 for 33.3% equity + $500,000 line of credit. That product should be affordable and also useful for every family. That was certainly the case for Temidayo Adedokun, a Nigerian Canadian living in the USA. "Our muslin collection is now live!!
"Ade + Ayo is a dream of mine that was born when I was pregnant with my first baby. She thought they had a ton of potential, but they were underestimating what they need to succeed. hitType: 'event', Most of their products review well, with one customer praising their bibs -- "I bought a four pack of these bibs for my son and they are the best bandana style bibs EVER! that would reflect and celebrate her Nigerian heritage. window.googletag.cmd.push(function() { It is available only on their website, if you are interested then you can fill this product through this website. Did Ade plus Ayo Get a Deal on Shark Tank? Sharks discuss value. [BONUS:StreamanyABC showthrough theABC GO Digital Appfound here. Adedokun was surprised to see that there were very few options in the market that reflected the African culture. Find out in our Ade + Ayo update. What is the uniqueness of that business? Find out how it all went down in our Ade + Ayo update. Episodes can also be viewed the next day on demand and on Hulu. But, she never got a quality one for a considerable price. They searched a lot for this type of product but they did not find any good, whatever they found was very expensive. $160,000 in direct-to-consumer sales in 11 months. window.googletag.pubads().addEventListener('slotOnload', function(event) { Corcoran offered the Adedokuns $175,000 for 33.3% of their company, with a $500,000 line of credit. On Shark Tank Season 13 Episode 15, Ade + Ayo appeared as a clothing brand. After that, Adedokun decided to use Nigerian culture as inspiration for his Baby Clothes and Nursery Furnishings line. something that did not resonate with her love of Nigerian culture. Their sale has gone up to 8x and it is still profitable though. 1 investment' to make now. Which products are you most excited about?? But now, the question is, will Ade+Ayo be able to impress Mark Cuban, Barbara Corcoran, Kevin O'Leary, Lori Greiner and Daymond John?
Lori Greiner also dropped out, when the co-founders said they wanted to use the $175,000 grow their team. Target should be carrying a line immediately. She offers $175,000 for 33.3% plus a $500,000 line of credit. They wanted money for Inventory and implementation. MEAWW brings you the best content from its global team of After that, in 2015, she obtained a Doctor of Law (JD) degree from Yale Law School. Founder and CEO Temidayo Adedokun asked Shark $120,000 after appearing in Shark Tank with a pretty good pitch in exchange for 10% of the companys shares.
All the items are affordable. -SPONSORED- },false) }); eventAction: 'click_image_ads' Her work can be found across platforms like aspireTV, REVOLT, BAUCE, and more! 'Shark Tank' Season 13 Episode 15 airs on ABC on March 11, 2022, at 8 pm ET. }); Because they are unique for African-style baby clothes, there may be many similar brands in the African region. hitType: 'event', Timothy Fehring's teacher DIES from 'psychiatric injury' after seeing schoolboy's death. pg.acq.push(function() { She previously worked as an associate at Jones Hall, APLC and at Morrison & Foerster LLP. Temidayo Adedokuns net worth depends on how much her shares are in his company. "You underestimate yourself," Corcoran said. "I have not seen baby clothing with these cool designs, the fabric," she said. Ade & Ayos net worth depends on her current valuation, so her valuation is now $2.1 million. The Adedokuns started the company when they realized their son wouldn't have much access to African culture growing up in the U.S. This African culture startup also got a positive response after Shark Tank, many people bought this product. Adedokun and Abisola created this company together. We have to discuss a bunch of things. 
According to Meaww, during a recent episode of Shark Tank, the company stepped into the tank with hopes of securing $175,000 for ten percent equity. },false) However, some parents certainly put in the time and effort to help their children reconnect with their roots, for them to be tuned in to their own culture.
To ensure that her young son was in tune with his Nigerian identity, she created the brand Ade+Ayo, to help other children like him stay true to their roots. ga('ads.send', {
The Sharks thought the price was too low to turn a major profit. Barbara thinks the clothes will grow quickly. }
Many people from Africa wear these clothes, and those who want to experience African culture can do so by wearing them. It's soft and twirly and our 2 year old could not be happier, often requesting to be dressed in this over other dresses. 'Shark Tank': Why did Tristen Ikaika pick Kevin O'Leary's offer over Barbara's. It's hard to say which Shark might take the bait, but all eyes are on Daymond John. },false) Anyone who likes African culture and has a child in their house is their target audience. Temidayo Adedokun is the founder who established Ade & Ayo in 2020. So, they created onesies, overalls, dresses and pants that both celebrated their heritage and were durable enough for kids to play in. media-tech companies with hubs around the world. All these brands do not allow any small startup to grow up, they will try to harm it by doing something or the other. A Division of NBC Universal, Barbara Corcoran celebrates with founders after investing in Ade + Ayo, How much Kevin O'Leary says you should spend on housing, 8 sought-after soft skills employers want to see on your resume. However, Kevin OLeary was the first to go out. gads_event = event; What Happened To Pulp Pantry After The Shark Tank? Ade & Ayo is an online startup creating clothes and toys for kids through African culture design. reporters on a platform technologically tailored to meet the needs of the modern reader. In addition to the clothing line, Shark Tank episode 15 will also showcase three other businesses: Curie, Behave and Noggin Boss. Ade + Ayo founder Temidayo Adedokun will appear in episode 15 of Shark Tank season 13 with her husband Abisola. Ade + Ayo means crown and joy in the Yoruba language. Save my name, email, and website in this browser for the next time I comment. ", Sign up now: Get smarter about your money and career with our weekly newsletter, This Shark Tank side hustle had almost zero revenue heres why Mark Cuban invested anyway, Kevin OLeary on Shark Tank pet peeves: A CEO who doesnt know their numbers deserves to burn in hell, Get Make It newsletters delivered to your inbox, Learn more about the world of CNBC Make It, 2022 CNBC LLC. What Happened To Pricklee After The Shark Tank? Your email address will not be published.
Barbara Corcoran gets frustrated when she sees people making a common mental mistake: underestimating themselves. I'll elaborate on my previous tweet. During 2020 the pandemic was growing exponentially and in the meantime, Adedokun was fired from her law firm job. Either way, the Adedokuns now have a deal that could possibly take their business to the next level and land eyes on the company that may lead to their next investment. Lori Greiner didnt agree with what theyd do with the money. eventAction: 'render' They have baskets, nursery items, and accessories that tie in with their theme as well. }) Although the Shark Tank crew did not fully get behind the brand, they did walk away with an offer that could set them on the right path toward expanding and growing the company. if(document.querySelector("#ads")){ Daymond John worried about the companys growth and how he might get his money back over time. ga('ads.send', { He went out, too. [Related: 27 Favorite Shark Tank Products at Amazon New List], Shark Tankairs Fridays at 8 pm on ABC. Her bio on the companys website explained the meaning of the title as it reads: After moving to the United States, she missed her Nigerian culture and thus, wanted to introduce her son to the heritage from a young age. Mark Cuban was in the same boat. Shark asked many things from the founder and Barbara Corcoran was very interested in this business idea. Shop via the link in our bio!" Ade+Ayo is doing rather well, seeing that the brand is bustling on Instagram and even hosted a massive giveaway during Black History Month. I was surprised that they took Barbara's deal, charles d. haskell (@newyorkmets1986) March 12, 2022. } Download isFREE. They have more than 60 products that are made in African design for kids and babies. Founder Temidayo founded this company in 2020 and is looking to expand quickly. I was saddened to see this, but also motivated to provide a solution. eventCategory: event.slot.getSlotElementId(), A Yale Law School graduate, Temidayo Adedokun is the founder of Ade+Ayo. They are soft, according to Lori. What Happened To Pnuff Crunch After The Shark Tank? Continue reading to find out more about what they have to offer. Be the first one to comment on this story, No Limbits on Shark Tank: Cost, where to buy and more about clothing line for amputees, SwiftPaws on Shark Tank: Cost, founder and all about the business that creates dog fitness toy, Dirty Cookie on Shark Tank: Founder Shahira Marei was a startup consultant before starting her own company. Then they described numbers. }); The smell of Nigerian food, the sound of Nigerian music and the colors and patterns of traditional Nigerian clothing have made everywhere I've lived feel like home. }); It's not easy for people who migrate to have their culture and traditions easily available. The two Nigerian immigrants from Oakland, California celebrate their African heritage with their childrens fashion, which is made of soft organic cotton. The installment is set to air on Friday, March 11 on ABC at 8.00 pm Eastern Time (ET). ga('create', 'UA-67136960-15', 'auto', 'ads'); Temidayo started this startup in 2020. This whole toy is made from beautiful African fabric, this product is packed in a drawstring bag and ready for gifting. Barbara invested $200,000 for 33.3% equity + $500,000 line of credit in this startup. Also read: what happened to Briella Browns clothing brand Your Closet. I like to share with people the information about every startup that came on the Shark Tank show. eventAction: 'click_adunit' 'Shark Tank': HiccAway picks Mark Cuban over Kevin O'Leary despite higher equity demand. Notifications can be turned off anytime from browser settings, Ade+Ayo helps introduce kids to African design, allowing them to learn more about culture and tradition. eventCategory: event.slot.getSlotElementId(), The founder of Ade plus Ayo has come to Shark Tank asking for an investment of of her companys share. });
The Adedokuns relented, agreeing to a deal. Ade-ayo look like they got great clothes. Ade + Ayo combines the Yoruba (Nigerian language) words for crown and joy, which the company says reflects the pride and happiness children bring to their parents lives., A post shared by Ade + Ayo (Ah-day and Eye-yaw) (@adeandayo). "The biggest danger [to your success] is underestimating how successful you could be, and what you're going to need to get there," Corcoran told Abisola and Temidayo Adedokun, the couple who founded the business. The entrepreneurs will be judged by the regular panel of sharks, consisting of Mark Cuban, Barbara Corcoran, Daymond John, Kevin OLeary and Lori Greiner. 