TieTry was a neck tie mail-order rental service. The company’s tagline was “The Netflix for Ties” as their customers chose and wore designer neck ties, bow ties, pocket squares, and cufflinks, and then exchanged them for other rentals via the US Post Office. The two entrepreneurs behind Tie Try, tie-wearing attorneys David Powers and Scott Tindle of Mobile, Alabama, pitched their business on Shark Tank in November 2012. The dapper duo went into the Tank seeing an investment of $100,000 for 25 percent equity but didn’t get a deal.
While they didn’t get a deal on the show, five months after the Shark Tank episode aired, in May 2013, TieTry announced that it was acquired by rival Fresh Neck of New York City. According to LinkedIn, after the acquisition Tindle co-founded Gulf Coast Ducks (a duck boat tour company) before becoming Director of Athletic Partnerships and Innovation at the private Christian school, University of Mobile in June 2018.
[27 Favorite Shark Tank Products]
Powers is the founder of Powers Compliance, PLLC, where he provides strategic legal advice to nonprofit organizations and political committees in Washington, D.C. He has previously served as in-house counsel to the Republican National Committee.