Product Update
Is Lollacup Still in Business? (2026 Update)
Is Lollacup from Shark Tank still around in 2026? The deal it made, the sharks who invested, and where to buy Lollacup today.
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Mark and Hannah Lim built Lollacup, a weighted straw sippy cup that lets toddlers drink from any angle without spilling, under their brand Lollaland, and pitched it back in Season 3, one of the earliest product deals in the show's history. More than a decade later, the brand is still on shelves.
The Short Answer
Yes, Lollacup is still in business. It is sold directly through lollaland.com and also shows up on major retailers including Amazon and Walmart, giving it three solid, current sales channels well over a decade after the episode aired.
The Shark Tank Pitch
Lollacup pitched in Season 3, Episode 12, which aired April 6, 2012, out of Monrovia, California, in the kids and education category. The Lims asked for 100,000 dollars for 15 percent of the company, implying a valuation of about 666,667 dollars going into the negotiation. Season 3 was still relatively early in the show's run, before Shark Tank had become the cultural fixture it is today, which makes the exposure Lollacup got from the appearance even more valuable relative to what a similar pitch would receive now.
The Deal That Got Done
Two sharks partnered on this deal. Mark Cuban and Robert Herjavec agreed to the full 100,000 dollars the founders asked for, but at 40 percent combined equity rather than the 15 percent on the table, which pushed the effective post deal valuation down to roughly 250,000 dollars.
That is a steep dilution for the founders to accept, giving up nearly two and a half times the equity they originally offered. But landing two sharks instead of one gave Lollaland double the retail connections and double the built in marketing reach heading into a crowded baby products category.
In Season 3, deals structured this aggressively were more common than they became in later seasons, as the show and its panel were still establishing the negotiating norms that later years would settle into. Mark and Hannah Lim taking a near forty percent haircut on ownership in exchange for two sharks instead of one reflects that earlier era of the show as much as it reflects anything specific about the product itself.
Lollacup net worth in 2026
One Shark Tank tracking source describes Lollaland's growth trajectory as reaching roughly 2 million dollars in brand value, though this figure is not independently audited and should be read as a third party estimate rather than a confirmed company financial. No official revenue or net worth disclosure from Lollaland itself is publicly available.
Given the brand's continued presence across three major sales channels more than a decade after its television debut, a multi million dollar valuation estimate is at least plausible, even if it cannot be verified precisely.
Why Baby Products Are a Different Kind of Business
There is a structural advantage built into the baby products category that a lot of Shark Tank novelty items do not have: the customer base renews itself constantly. Every year brings a fresh wave of new parents who have never heard of Lollacup, searching for exactly the kind of no spill, any angle sippy cup the Lims built. That is different from, say, a seasonal decoration or a creator economy gadget, where the total pool of interested buyers can shrink as trends move on.
That built in renewal is a big part of why more than a decade after a Season 3 pitch, with a valuation as low as 250,000 dollars after the deal closed, Lollacup is still findable on three separate major retail channels instead of having quietly disappeared the way many early-season products did. Parents do not need to have watched the original episode to become a customer, they just need the product to solve the same problem it always solved.
Where Things Stand Now
Lollacup closed a two shark deal with Mark Cuban and Robert Herjavec for 100,000 dollars at 40 percent equity back in Season 3, one of the show's earlier seasons, and the product has stayed on the market ever since under the Lollaland brand.
For a baby products company now well over a decade removed from its original pitch, still selling on its own site plus Amazon and Walmart is a genuinely durable outcome. If you are wondering whether the Lollacup on your registry list still exists, it does.
Where to buy Lollacup
Still selling as of April 12, 2026. Check today's price and availability.
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See the full Lollacup deal breakdown and term sheet →
