rareformEntrepreneurial brothers Aric and Alec Avedissian want to bag a Shark to invest in RareForm, their business that repurposes vinyl billboards into backpacks, duffel bags, wallets and more. They chose to work with billboard vinyl because it’s durable, waterproof, unique, lightweight, and eco-friendly. They collect over 20,000 pounds of billboard vinyl per month from all over the USA.

Once they have the vinyl back at their warehouse, they clean it, cut it, and sew it into the many items they sell. Since each billboard is unique, each product they create is unique. They even do custom orders. Backpacks cost between $70 and $120 and customers rave about the quality.

They started the company in 2012. They sell in over 200 surf shops, Whole Foods, REI, Amazon, and many other retailers nationwide. Billboard Vinyl would usually be thrown in a landfill. Alec, an avid surfer, discovered the idea in Central America when a friend showed him a bag made from billboard vinyl. He jumped full force into RareForm just two weeks before getting married. Initially, he got his raw materials by cold calling big advertising companies and made his first bag with the help of an auto upholsterer.

He likely wants a Shark’s help building his brand. Will a Shark bag a deal?

RareForm Shark Tank Recap

Aric and Alec will pitch the panel of five Sharks on the business and its prospects for growth. They need to convince Mark Cuban, Barbara Corcoran, Kevin O’Leary, Lori Grenier, and Robert Herjavec that the company is worthy of a Shark investment. A good business plan, good financials, and sales data will impress the Sharks, but they’ll need to show them THEY are capable of running the company to “Shark standards.” A full pitch re-cap on RareForm will be available on Shark Tank Blog once this episode airs.

RareForm Shark Tank Update

The Shark Tank Blog constantly provides updates and follow-ups about entrepreneurs who have appeared on the Shark Tank TV show. Once an episode has aired, we monitor the progress of the businesses featured, whether they receive funding or not and report on their progress. The Shark Tank Blog will follow-up on RareForm & Aric and Alec Avedissian as more details become available.

Posts About RareForm on Shark Tank Blog

Rare Form – Sustainable Recycled Backpacks and Bags

RareForm Company Information

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