Cup Bop
DealQuick-service Korean barbecue in a cup
Best known from its Shark Tank appearance, Cup Bop is a quick-service korean barbecue in a cup in Season 13, and convinced Mark Cuban to invest.
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From the show
The Shark Tank pitch
- $1M
- Asked for
- 3%
- Offered equity
- $33.3M
- Sought valuation
- $1M
- Deal amount
- 5%
- Deal equity
- $20M
- Deal valuation
Jung Song and Dok Kwon walked into the Tank in Season 13, Episode 21 in the episode that aired May 2, 2022. Cup Bop, the quick-service korean barbecue in a cup, pitched in the Food & Drink category, one of 318 food & drink businesses to brave the Tank across all 17 seasons.
On the carpet, the number was $1,000,000 for a 3% stake, which valued the company at $33.3M.
Mark Cuban made the deal at $1,000,000 for 5% equity. That priced the company at $20M, a haircut from the $33.3M the founders walked in asking for, which is how negotiations in the Tank usually go.
Cup Bop was one of 96 businesses to pitch in Season 13, where 64 deals got done. 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 Cup Bop?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.
Did Cup Bop get a deal on Shark Tank?
Yes. Cup Bop closed a deal for $1,000,000 in exchange for 5% equity, with Mark Cuban.
Which shark invested in Cup Bop?
Mark Cuban invested in Cup Bop ($1,000,000 total as aired).
What season of Shark Tank was Cup Bop on?
Cup Bop appeared in Season 13, Episode 21, which aired May 2, 2022.
How much was Cup Bop asking for on Shark Tank?
The founders asked for $1,000,000 for 3% of the company, a $33.3M valuation.
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