Shark Tank Pitch Recap
In Season 11 Episode 4 , Sam Kobrosly appeared on Shark Tank seeking $250,000 for 2.5% of his vegan pork rind chips, Snacklins.
Here’s a quick recap before we dive into Snacklins Shark Tank update.
- : Tells the story of her deal with Pipcorn which has made millions in sales, but she hasn’t made a single dollar from the investment – and even had to sell more equity to raise money. “Its a business that eats cash” and she doesn’t want to do it again.
Out
- : Loves things in this space but it’s too early and too risky.
Out
- : Likes the trend he’s going down but the thinks the valuation is “out to lunch” and he hates that Sam is using his own factory. It is not economically viable long term
Out
- : Thinks the other Sharks are wrong, but he needs more than 2.5%
- :
Revised Offer: $250K for 5% + 5% advisory shares that’ll vest over 3 years
Episode Info
| Season 11 Episode 4 |
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| Episode Number | |
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| Network | |
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| Air Date | October 20, 2019 |
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Pitch Info
| Business Pitch | healthy, vegan pork-rind puffed chips made of simple ingredients |
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| Entrepreneur/Founder | Sam Kobrosly |
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| Asked For | $250,000 for 2.5% |
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| Deal | $250,000 for 5% and 5% advisory shares |
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| Shark | Mark Cuban |
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Business Info
| Business Status | In Business |
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| Estimated Valuation | |
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| Website | snacklins.com | |
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I have been a HUGE fan of Snacklins since the Shark Tank episode, eating about two boxes a month. They are the best low cal/low fat snack, and the crispiest, without wrecking your diet. I was so impressed with them, until lately (July-Sept 2021). They are tasting stale and have hardly any seasoning. I have contacted the company and they said they are having production problems, and are working to resolve them. Good response from the company, so I hope they get back to the good quality they used to have.
Were can I buy in southern Olka. Durant ? Wall Mart ? Albertson, Denison, Tx. ? Kroger, Sherman ?