Categories: News

Plushies and Profits: Play Maysie Finds a Shark Tank Home

&NewLine;<p class&equals;"has-medium-font-size"><strong>Kayla Lupean<&sol;strong> had a successful photography business before the Covid-19 pandemic hit&comma; but the economic downturn that followed forced her to close shop&period; Determined to provide for her family&comma; Kayla launched a Kickstarter campaign in March of 2021 to raise money to start a new business&comma; Play Maysie&comma; which produces plush toys for children&period; She had hoped to raise &dollar;20&comma;000&comma; but to her surprise&comma; she exceeded her goal and raised &dollar;30&comma;000&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"has-medium-font-size">Kayla used the funds to create molds for her plush toys&comma; but she was short on money&comma; so she sold her car to finance the business&period; Despite the challenges&comma; Kayla&&num;8217&semi;s determination paid off&period; In 2021&comma; <strong>Play Maysie generated revenue of &dollar;170&comma;000<&sol;strong>&comma; and Kayla was expecting a purchase order that would increase her sales substantially&period; She ordered 5&comma;000 units in anticipation but was disappointed when the order turned out to be only a few hundred&period; Nevertheless&comma; her projections for this year were an impressive &dollar;400&comma;000&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<hr class&equals;"wp-block-separator has-alpha-channel-opacity"&sol;>&NewLine;&NewLine;&NewLine;&NewLine;<h2 class&equals;"wp-block-heading">The Sharks React<&sol;h2>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"has-medium-font-size">Kayla&&num;8217&semi;s business caught the attention of the Shark Tank panel on April 14&comma; 2023&period; Daymond John and Kevin O&&num;8217&semi;Leary didn&&num;8217&semi;t see the potential in Kayla&&num;8217&semi;s business and went out early&period; Lori Greiner was impressed by Kayla&&num;8217&semi;s passion and perseverance&comma; but she felt that the product wasn&&num;8217&semi;t strong enough&comma; and so she was out too&period; Mark Cuban acknowledged the potential for scaling but felt that Kayla was trying to do too much too soon&comma; and he also went out&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<hr class&equals;"wp-block-separator has-alpha-channel-opacity"&sol;>&NewLine;&NewLine;&NewLine;&NewLine;<figure class&equals;"wp-block-image aligncenter size-large is-resized"><img src&equals;"https&colon;&sol;&sol;wud&period;tpx&period;mybluehost&period;me&sol;website&lowbar;9bd75fcc&sol;wp-content&sol;uploads&sol;2023&sol;04&sol;165139&lowbar;7187-819x1024&period;jpg" alt&equals;"Play Maysie - Kayla Lupean" class&equals;"wp-image-67126" width&equals;"-26" height&equals;"-32"&sol;><figcaption class&equals;"wp-element-caption">SHARK TANK &&num;8211&semi; &OpenCurlyDoubleQuote;1417” &&num;8211&semi; Entrepreneurs come into the Tank eager to secure a deal with a Shark&period; This episode features pitches including a nutrient-rich energy bar&comma; a gender-neutral clothing brand&comma; a portable children’s toy and a healthy Mexican snack company&period; FRIDAY&comma; APRIL 14 &lpar;8&colon;00-9&colon;01 p&period;m&period;&rpar;&comma; on ABC&period; &lpar;ABC&sol;Christopher Willard&rpar;&NewLine;KAYLA LUPEAN<&sol;figcaption><&sol;figure>&NewLine;&NewLine;&NewLine;&NewLine;<hr class&equals;"wp-block-separator has-alpha-channel-opacity"&sol;>&NewLine;&NewLine;&NewLine;&NewLine;<h2 class&equals;"wp-block-heading">Did They Strike a Deal&quest;<&sol;h2>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"has-medium-font-size">Barbara Corcoran&comma; on the other hand&comma; was enamored with Kayla&&num;8217&semi;s product&period; She called it the most adorable thing she had ever seen and commended Kayla for being a single mother of an adopted child&period; Barbara offered &dollar;150&comma;000 for 30&percnt; equity in the company and a &dollar;5 royalty per unit until the investment was recouped&period; <strong>Kayla asked if Barbara would do 20&percnt; equity for &dollar;200&comma;000&comma; and Barbara agreed&period;<&sol;strong><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"has-medium-font-size">Kayla then revealed that another investor already had 10&percnt; equity in the company&period; Barbara adjusted her offer and offered &dollar;150&comma;000 for 20&percnt; equity and a &dollar;7 royalty per unit&period; Kayla accepted the offer&comma; and the two women hugged&comma; with tears in their eyes&period; Play Maysie had secured a deal on Shark Tank&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"has-medium-font-size">Kayla&&num;8217&semi;s journey is a testament to the power of perseverance and passion&period; Despite facing numerous obstacles&comma; she never gave up on her dream of creating a business that would bring joy to children&&num;8217&semi;s lives&period; With Barbara&&num;8217&semi;s investment and guidance&comma; Play Maysie is poised for even greater success in the years to come&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"has-medium-font-size">Play Maysie&&num;8217&semi;s plush toys come in a variety of animals&comma; including bears&comma; bunnies&comma; and elephants&period; They are soft&comma; cuddly&comma; and perfect for children of all ages&period; Kayla&&num;8217&semi;s attention to detail is evident in every aspect of the product&comma; from the stitching to the materials used&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<figure class&equals;"wp-block-image aligncenter size-large"><img src&equals;"https&colon;&sol;&sol;wud&period;tpx&period;mybluehost&period;me&sol;website&lowbar;9bd75fcc&sol;wp-content&sol;uploads&sol;2023&sol;04&sol;165139&lowbar;9372-1024x682&period;jpg" alt&equals;"Play Maysie on Shark Tank" class&equals;"wp-image-67127"&sol;><figcaption class&equals;"wp-element-caption">SHARK TANK &&num;8211&semi; &OpenCurlyDoubleQuote;1417” &&num;8211&semi; Entrepreneurs come into the Tank eager to secure a deal with a Shark&period; This episode features pitches including a nutrient-rich energy bar&comma; a gender-neutral clothing brand&comma; a portable children’s toy and a healthy Mexican snack company&period; FRIDAY&comma; APRIL 14 &lpar;8&colon;00-9&colon;01 p&period;m&period;&rpar;&comma; on ABC&period; &lpar;ABC&sol;Christopher Willard&rpar;&NewLine;SHARK TANK<&sol;figcaption><&sol;figure>&NewLine;&NewLine;&NewLine;&NewLine;<hr class&equals;"wp-block-separator has-alpha-channel-opacity"&sol;>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"has-medium-font-size">Kayla&&num;8217&semi;s business has a social mission as well&period; She donates a portion of her profits to organizations that help children in need&period; She also employs a team of single mothers who are struggling to make ends meet&comma; providing them with a stable income and flexible work hours&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"has-medium-font-size">Kayla is grateful for the opportunity that Shark Tank provided her&comma; and she is excited to see what the future holds for Play Maysie&period; She hopes that her story will inspire other entrepreneurs to pursue their dreams&comma; no matter how challenging the circumstances may be&period; Play Maysie is proof that with perseverance&comma; passion&comma; and a little bit of luck&comma; anything is possible&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<hr class&equals;"wp-block-separator has-alpha-channel-opacity"&sol;>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"has-medium-font-size"><strong>Related<&sol;strong><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"has-medium-font-size"><a href&equals;"https&colon;&sol;&sol;wud&period;tpx&period;mybluehost&period;me&sol;website&lowbar;9bd75fcc&sol;news&sol;dapper-boi-leaves-shark-tank-without-a-deal-but-with-a-mentorship&sol;">Dapper Boi Leaves Shark Tank Without a Deal But With a Mentorship<&sol;a><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"has-medium-font-size"><a href&equals;"https&colon;&sol;&sol;wud&period;tpx&period;mybluehost&period;me&sol;website&lowbar;9bd75fcc&sol;news&sol;honey-bunchies-bars-fail-to-land-a-deal-on-shark-tank-but-remain-optimistic-for-the-future&sol;">Honey Bunchies Bars Fail to Land a Deal on Shark Tank&comma; but Remain Optimistic for the Future<&sol;a><&sol;p>&NewLine;<div class&equals;"saboxplugin-wrap" itemtype&equals;"http&colon;&sol;&sol;schema&period;org&sol;Person" itemscope itemprop&equals;"author"><div class&equals;"saboxplugin-tab"><div class&equals;"saboxplugin-gravatar"><img src&equals;"https&colon;&sol;&sol;wud&period;tpx&period;mybluehost&period;me&sol;website&lowbar;9bd75fcc&sol;wp-content&sol;uploads&sol;2019&sol;04&sol;avatar-icon-of-girl-in-a-wide-brim-felt-hat-vector-16225029&period;jpg" width&equals;"100" height&equals;"100" alt&equals;"Courtney" itemprop&equals;"image"><&sol;div><div class&equals;"saboxplugin-authorname"><a href&equals;"https&colon;&sol;&sol;feelingthevibe&period;com&sol;author&sol;courtney&sol;" class&equals;"vcard author" rel&equals;"author"><span class&equals;"fn">Courtney<&sol;span><&sol;a><&sol;div><div class&equals;"saboxplugin-desc"><div itemprop&equals;"description"><p>Courtney Rose is an Entertainment Writer at Feeling the Vibe Magazine based in New York&period; Pop culture and rom-com obsessed&period; Studied Journalism and is up to date on all the latest entertainment news&period; For tips or comments&comma; email me at Courtney&commat;feelingthevibe&period;com<&sol;p>&NewLine;<&sol;div><&sol;div><div class&equals;"clearfix"><&sol;div><&sol;div><&sol;div>

Tags: Shark Tank

Recent Posts

Get Her Look: Hailey Bieber at 2025 Met Gala

Hailey Bieber attended the 2025 Met Gala on May 5. She looked effortlessly glam in a chic ensemble, natural makeup…

6 months ago

Tell Me Lies Season 2 on Hulu – What to Expect, Cast & How to Watch

Hulu's breakout hit series Tell Me Lies is back for season 2 this fall. The show, based on the novel…

1 year ago

Are any of the Love Undercover couples still together?

Peacock’s latest series, Love Undercover, has been a popular addition to its lineup. The show followed five international soccer players…

1 year ago

Introducing Más+ by Messi: The Hydration Revolution Begins

Get ready to experience hydration the Messi way with Más+ by Messi, a perfect blend of quality ingredients and phenomenal…

1 year ago

Candace Cameron Bure is Thrilled to Star in New Movie Unsung Hero

Candace Cameron Bure is booked and busy. The 47-year-old is not only starring in an upcoming Great American Family mystery…

2 years ago

Get Her Look: Fashions of Antonela Roccuzzo

Antonela Roccuzzo is the wife of professional soccer player Leo Messi. She is a wife, mother, and has quickly become…

2 years ago