Five years after Shark Tank, sportswear startup ONTHEGO collapses
Inside Retail
JULY 7, 2021
Founded back in 2010 by Spencer, ONTHEGO then appeared on Channel Ten’s Shark Tank in 2016, securing a $600,000 investment — twice as much as he was asking for. The deal never actually passed the due diligence stage, but thrived in the 12-months following anyway, increasing its valuation by some 250%.
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