(MISSOURI CITY, TX) - Last Friday, fellow Texans and female entrepreneurs Tyla-Simone Crayton and Kendra Scott struck a $100,000 deal on "Shark Tank" (ABC) for investment in the condiments company, Sienna Sauce.
Crayton, flanked by her mom (Monique), pitched her product to the panel of sharks that also included Mark Cuban, Barbara Corcoran, Lori Greiner, and Kevin O'Leary. Having built a billion dollar business "out of a spare bedroom" in her mother's home in Texas, Scott identified with Crayton, saying "I am your shark." In return for a financial commitment of $100,000--and mentoring the young entrepreneur--Scott will receive a 20% stake in the company.
Launched in 2017, by the self-proclaimed "Sauce Boss," Crayton (age 17), it did not take long for the home-based business to be recognized for its "taste" and "flavor." In 2018 and again in 2019, Sienna Sauce beat out 15 other brands competing in the coveted Sauce-A-Holic Fest, which began a streak of wins for Crayton.