Within the first week, after Shark Tank Episode aired, sales exploded to over $230k which was easily enough to repay Kevin’s initial $75k investment and put him into profit in record time. The Wicked Good Cupcakes in a Jar have now opened a second storefront, a new bakery and now employs over 40 bakers to keep up with mail order demand.īefore the Shark Tank appearance, sales for the cupcakes in a jar were $150k in sales in 9 months. With the terms in O’Leary’s favor making sure he got all his money back, this investment is one of the best He’s ever made in percentage terms. The Wicked Good Cupcakes in a Jar made a deal with Kevin O’Leary towards the end of Season 4 when he invested $75k into the business. After an extremely impressive set of negotiations, Herjevic invests $300k for 7.5% of the Postcard on the Run Business settling on a $4 million dollar valuation. Robert Herjevic who has a few teenagers of his own sees the same value in this business that I did in their featured article. Brooks needs the investment from the Sharks to keep the business afloat even though they have $450k in sales, but is not willing to negotiate the $6 million valuation. With only $186k left in the bank, Mark Cuban says “your screwed” while going out. It’s a great idea that’s already had two successful rounds of investing raising $1.6 million in startup capital.Ĭelebrity Teen Star Selina Gomez has invested in both rounds with a valuation of $6 million, the same valuation being offered to the Sharks. For only $2.49 you can take any photo taken on your smartphone and turn it into a postcard set to anyone in the world. Josh came into the Tank looking for a $300k investment in exchange for 5% of his instant postcard sending business. Postcard on the Runįirst up in the Shark Tank Season 5 Premiere was Josh Brooks and the Postcard on the Run Business. With a few clear winners and one that could easily make Shark Tank’s Most Successful List, Season 5 got off to a great start. Barbara Corcoran and Lori Greiner made their first appearance together while Daymond John took the night off to watch them battle it out. Af ter waiting all summer long for Shark Tank Season 5 to begin it’s finally here with week 1 in the record books.
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