Postcard on the Run
DealOnline Services
Best known from its Shark Tank appearance, Postcard on the Run is a online services in Season 5, and convinced Robert Herjavec to invest.
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From the show
The Shark Tank pitch
- $300K
- Asked for
- 5%
- Offered equity
- $6M
- Sought valuation
- $300K
- Deal amount
- 7.5%
- Deal equity
- $4M
- Deal valuation
The founders walked into the Tank in Season 5, Episode 1 in the episode that aired September 20, 2013, bringing their Los Angeles, CA business with them. Postcard on the Run, the online services, pitched in the Tech & Software category, one of 73 tech & software businesses to brave the Tank across all 17 seasons.
On the carpet, the number was $300,000 for a 5% stake, which valued the company at $6M.
Robert Herjavec made the deal at $300,000 for 7.5% equity. That priced the company at $4M, a haircut from the $6M the founders walked in asking for, which is how negotiations in the Tank usually go.
Postcard on the Run was one of 116 businesses to pitch in Season 5, where 60 deals got done. In the Tech & Software category overall, roughly 56% of pitches have landed a shark across the show's history.
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Frequently asked questions
Where can I buy Postcard on the Run?
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 Postcard on the Run get a deal on Shark Tank?
Yes. Postcard on the Run closed a deal for $300,000 in exchange for 7.5% equity, with Robert Herjavec.
Which shark invested in Postcard on the Run?
Robert Herjavec invested in Postcard on the Run ($300,000 total as aired).
What season of Shark Tank was Postcard on the Run on?
Postcard on the Run appeared in Season 5, Episode 1, which aired September 20, 2013.
How much was Postcard on the Run asking for on Shark Tank?
The founders asked for $300,000 for 5% of the company, a $6M valuation.
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