Mee Ma's Gumbo

Mee Ma's Gumbo

Deal

Me-Ma's Gumbo Bricks - Specialty Food

Mee Ma's Gumbo, the me-ma's gumbo bricks - specialty food, landed on the national radar after pitching the sharks in Season 4, and convinced Lori Greiner and Kevin O'Leary to invest.

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From the show

The Shark Tank pitch

$200K
Asked for
20%
Offered equity
$1M
Sought valuation
$200K
Deal amount
50%
Deal equity
$400K
Deal valuation

Carol Foster faced the sharks in Season 4, Episode 23 in the episode that aired May 3, 2013, bringing their Inglewood, CA business with them. Mee Ma's Gumbo, the me-ma's gumbo bricks - specialty food, pitched in the Food & Drink category, one of 318 food & drink businesses to brave the Tank across all 17 seasons.

They came in asking $200,000 in exchange for 20% equity, putting a $1M valuation on the business.

Lori Greiner and Kevin O'Leary teamed up at $200,000 for 50% equity. That priced the company at $400K, a haircut from the $1M the founders walked in asking for, which is how negotiations in the Tank usually go.

Across Season 4, 52 of 103 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 Mee Ma's Gumbo?

Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name. The company's official website is another option.

Did Mee Ma's Gumbo get a deal on Shark Tank?

Yes. Mee Ma's Gumbo closed a deal for $200,000 in exchange for 50% equity, with Lori Greiner and Kevin O'Leary.

Which shark invested in Mee Ma's Gumbo?

Lori Greiner and Kevin O'Leary invested in Mee Ma's Gumbo ($200,000 total as aired).

What season of Shark Tank was Mee Ma's Gumbo on?

Mee Ma's Gumbo appeared in Season 4, Episode 23, which aired May 3, 2013.

How much was Mee Ma's Gumbo asking for on Shark Tank?

The founders asked for $200,000 for 20% of the company, a $1M valuation.

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