The Kombucha Shop
DealDIY kombucha
The Kombucha Shop is a diy kombucha that got its big break on Shark Tank in Season 10, and convinced Barbara Corcoran and Sara Blakely to invest.
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From the show
The Shark Tank pitch
- $350K
- Asked for
- 10%
- Offered equity
- $3.5M
- Sought valuation
- $200K
- Deal amount
- 10%
- Deal equity
- $2M
- Deal valuation
The team stepped onto the carpet in Season 10, Episode 5 in the episode that aired November 18, 2018. The Kombucha Shop, the diy kombucha, pitched in the Food & Drink category, one of 318 food & drink businesses to brave the Tank across all 17 seasons.
The ask was $350,000 for 10% of the company, an implied valuation of $3.5M.
Barbara Corcoran and Sara Blakely teamed up at $200,000 for 10% equity. That priced the company at $2M, a haircut from the $3.5M the founders walked in asking for, which is how negotiations in the Tank usually go.
Season 10 saw 92 pitches, and 63 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 The Kombucha Shop?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.
Did The Kombucha Shop get a deal on Shark Tank?
Yes. The Kombucha Shop closed a deal for $200,000 in exchange for 10% equity, with Barbara Corcoran and Sara Blakely.
Which shark invested in The Kombucha Shop?
Barbara Corcoran and Sara Blakely invested in The Kombucha Shop ($200,000 total as aired).
What season of Shark Tank was The Kombucha Shop on?
The Kombucha Shop appeared in Season 10, Episode 5, which aired November 18, 2018.
How much was The Kombucha Shop asking for on Shark Tank?
The founders asked for $350,000 for 10% of the company, a $3.5M valuation.
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