Best of Shark Tank

A Perfect Pear Update

SEASON 1 EPISODE 2

PITCH

line of organic pear jams and other recipes

ENTREPRENEUR

Susan Knapp

ASKED FOR

$500,000 for 15%

GOT

$500,000 for 50%

SHARK

Kevin Harrington and Robert Herjavec

STATUS

OUT OF BUSINESS

A Perfect Pear is a line of award winning pear jams and jellies started by Susan Knapp in 1998. Several years later, what began as a passion project had turned into a successful business with products in hundreds of stores and hundreds of thousands in sales. With growing demand in her product, Susan soon ran out of money to fulfill orders.

In 2009, Susan pitched A Perfect Pear on Shark Tank a panel of Sharks who were eager to invest in her. With multiple offers on the table, Susan eventually struck a deal with Robert Herjavec and Kevin Harrington.

The deal with Robert did not go through, but Susan continued on with Kevin Harrington who helped the company get onto the Home Shopping Network and into Whole Foods. What seemed like such a promising start has quickly turned sour. The company has been out of business since 2010.

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