Sweet Ballz
DealSpecialty Food
Sweet Ballz is a specialty food that got its big break on Shark Tank in Season 5, and convinced Barbara Corcoran and Mark Cuban to invest.
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From the show
The Shark Tank pitch
- $250K
- Asked for
- 10%
- Offered equity
- $2.5M
- Sought valuation
- $250K
- Deal amount
- 25%
- Deal equity
- $1M
- Deal valuation
The team stepped onto the carpet in Season 5, Episode 1 in the episode that aired September 20, 2013, bringing their Dallas, TX business with them. Sweet Ballz, the specialty food, pitched in the Food & Drink category, one of 318 food & drink businesses to brave the Tank across all 17 seasons.
The ask was $250,000 for 10% of the company, an implied valuation of $2.5M.
Barbara Corcoran and Mark Cuban teamed up at $250,000 for 25% equity. That priced the company at $1M, a haircut from the $2.5M the founders walked in asking for, which is how negotiations in the Tank usually go.
Season 5 saw 116 pitches, and 60 of them closed a deal on air. 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 Sweet Ballz?
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 Sweet Ballz get a deal on Shark Tank?
Yes. Sweet Ballz closed a deal for $250,000 in exchange for 25% equity, with Barbara Corcoran and Mark Cuban.
Which shark invested in Sweet Ballz?
Barbara Corcoran and Mark Cuban invested in Sweet Ballz ($250,000 total as aired).
What season of Shark Tank was Sweet Ballz on?
Sweet Ballz appeared in Season 5, Episode 1, which aired September 20, 2013.
How much was Sweet Ballz asking for on Shark Tank?
The founders asked for $250,000 for 10% of the company, a $2.5M valuation.
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