Bee D'Vine
Dealsustainably produced, barrel-aged honey wine
Bee D'Vine, the sustainably produced, barrel-aged honey wine, landed on the national radar after pitching the sharks in Season 12, and convinced Mark Cuban and Lori Greiner and Robert Herjavec and Daniel Lubetzky to invest.
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From the show
The Shark Tank pitch
- $750K
- Asked for
- 20%
- Offered equity
- $3.8M
- Sought valuation
- $750K
- Deal amount
- 40%
- Deal equity
- $1.9M
- Deal valuation
Ayele Solomon faced the sharks in Season 12, Episode 5 in the episode that aired November 13, 2020. Bee D'Vine, the sustainably produced, barrel-aged honey wine, pitched in the Food & Drink category, one of 318 food & drink businesses to brave the Tank across all 17 seasons.
They came in asking $750,000 in exchange for 20% equity, putting a $3.8M valuation on the business.
Mark Cuban, Lori Greiner, Robert Herjavec and Daniel Lubetzky teamed up at $750,000 for 40% equity. That priced the company at $1.9M, a haircut from the $3.8M the founders walked in asking for, which is how negotiations in the Tank usually go.
Across Season 12, 71 of 100 pitches ended in a handshake. In the Food & Drink category overall, roughly 61% of pitches have landed a shark across the show's history.
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Frequently asked questions
Where can I buy Bee D'Vine?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.
Did Bee D'Vine get a deal on Shark Tank?
Yes. Bee D'Vine closed a deal for $750,000 in exchange for 40% equity, with Mark Cuban and Lori Greiner and Robert Herjavec and Daniel Lubetzky.
Which shark invested in Bee D'Vine?
Mark Cuban and Lori Greiner and Robert Herjavec and Daniel Lubetzky invested in Bee D'Vine ($750,000 total as aired).
What season of Shark Tank was Bee D'Vine on?
Bee D'Vine appeared in Season 12, Episode 5, which aired November 13, 2020.
How much was Bee D'Vine asking for on Shark Tank?
The founders asked for $750,000 for 20% of the company, a $3.8M valuation.
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