Packback Books
No DealEducation
Packback Books, the education, landed on the national radar after pitching the sharks in Season 5, where it won fans even without landing a deal.
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From the show
The Shark Tank pitch
- $200K
- Asked for
- 10%
- Offered equity
- $2M
- Sought valuation
Kasey Gandham and Mike Shannon faced the sharks in Season 5, Episode 21 in the episode that aired March 21, 2014, bringing their Chicago, IL business with them. Packback Books, the education, pitched in the Kids & Education category, one of 134 kids & education businesses to brave the Tank across all 17 seasons.
They came in asking $200,000 in exchange for 10% equity, putting a $2M valuation on the business.
Packback Books couldn't land an offer the founders would take, and the pitch ended without a deal. History says that's survivable: several of the show's biggest success stories left the Tank empty-handed.
Across Season 5, 60 of 116 pitches ended in a handshake. In the Kids & Education category overall, roughly 66% of pitches have landed a shark across the show's history.
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Frequently asked questions
Where can I buy Packback Books?
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 Packback Books get a deal on Shark Tank?
No. Packback Books pitched the sharks but left Season 5 without a deal.
What season of Shark Tank was Packback Books on?
Packback Books appeared in Season 5, Episode 21, which aired March 21, 2014.
How much was Packback Books asking for on Shark Tank?
The founders asked for $200,000 for 10% of the company, a $2M valuation.
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