The Good Promise
No Dealfruit and vegetable smoothies and sauces
Best known from its Shark Tank appearance, The Good Promise is a fruit and vegetable smoothies and sauces in Season 7, where it won fans even without landing a deal.
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From the show
The Shark Tank pitch
- $100K
- Asked for
- 20%
- Offered equity
- $500K
- Sought valuation
The founders walked into the Tank in Season 7, Episode 22 in the episode that aired March 18, 2016. The Good Promise, the fruit and vegetable smoothies and sauces, 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 $100,000 for a 20% stake, which valued the company at $500K.
The sharks passed, and The Good Promise left without a deal. That's not always the end of the story. Some of Shark Tank's most successful companies were rejected on air and grew anyway, using the exposure (the "Shark Tank effect") to drive sales the sharks missed out on.
The Good Promise was one of 116 businesses to pitch in Season 7, where 66 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 The Good Promise?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.
Did The Good Promise get a deal on Shark Tank?
No. The Good Promise pitched the sharks but left Season 7 without a deal.
What season of Shark Tank was The Good Promise on?
The Good Promise appeared in Season 7, Episode 22, which aired March 18, 2016.
How much was The Good Promise asking for on Shark Tank?
The founders asked for $100,000 for 20% of the company, a $500K valuation.
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