In the sweltering heat of summer, nothing is more refreshing than ice-cold water. This simple yet elusive pleasure is what David Stark sought to provide when launching Coldest. Their main product is a water bottle that can keep drinks cold for 36 to 100 hours. Despite strong sales, David and Joe Shark weren’t able to close a deal. After Shark Tank, Coldest is worth an estimated $10 million. Founders David is the founder and CEO of the Florida-based business. With his technical background, he serves as the engineer/inventor. He’s the pulse of the company and normally works 19 hour days.…
Author: Charles Judd
Want to get rid of an insect and avoid killing it? Enter Cup-a-Bug, the humane way to catch creepy crawlers in the house without having to lay your hands on them. Invented by Justin Huang, the product has gone viral online and he recently got a deal with Mark Cuban. After the show, Cup-a-Bug is worth an estimated $200,000. Justin Huang’s Background Huang is an arachnophobe, so he basically created the product for himself. Justin’s technical background is a big help as he graduated with a degree in Mechanical Engineering from UC Irvine. Justin owns a company called Solid Factory,…
In the live streaming space, Twitch has stood out as a colossus since its inception in 2011. Despite being the go-to platform for gamers, content creators, and viewers alike, Twitch has struggled to turn a profit, a situation that has puzzled many. Owned by Amazon since 2014, Twitch’s financial performance raises questions about the viability of its business model in the long term. The Paradox of Popularity Without Profit Twitch’s inability to generate profit stems from several core issues. The site’s operational costs are astronomical, primarily due to the immense data storage and bandwidth required to support live streaming for…
Hosting a party or finding something fun to do for a company outing? Founded by Jessica Blakley and Willow Sprague, BarBees Bartending offers a fun solution for this—cocktail classes. You and your guests can learn to mix premium drinks together, which is a unique party experience. The company recently featured on Shark Tank and secured a deal with Daniel Lubetzky. Currently, BarBees Bartending is worth an estimated $1 million. Jessica and Willow These two besties created a one-of-a-kind service to spice things up at your next party. The team can celebrate with you and teach classy cocktail mixology at home…
Plant-based meat startups have found a home in Shark Tank. The most recent addition to the bunch is Meat the Mushroom, with their flagship product Shroomacon, a mushroom-based bacon alternative. Recently, Marvin and Aleah Rae Montague pitched their product on show and got a deal with Kevin O’Leary. After Shark Tank, Meat the Mushroom is worth an estimated $2 million. Meet the Montague’s Shroomacon stands out from other plant-based bacon as it’s not made in a mold. No two Shroomacon slices look the same but are free of gluten, soy, and cholesterol. It’s hard to believe Marvin Montague Jr. made…
Each year from January to April over a million girls participate in a unique tradition that has become a cornerstone of American culture: selling Girl Scout Cookies. Known for both its financial impact and its ability to teach young girls valuable life skills, the program generates over $800 million in annual sales, selling more than 200 million boxes every year! Humble Beginnings Girl Scout Cookies began in Muskogee, Oklahoma. In December 1917, school girls from Mistletoe Troop made the first known cookie sales at their local high school. This laid the groundwork for what we know today. Over the years,…
Prime Hydration has taken the market by storm thanks to the power of influencer marketing and strategic business acumen. Launched in early 2022 by Logan Paul and KSI, Prime quickly became a sensation, with bottles flying off shelves. The brand’s success is not only down to its founders’ fame but also due to the savvy partnerships behind it. According to CB Insights, Prime Hydration is worth at least $3.2 billion! The Masterminds Behind Prime The brains behind Prime Hydration are Max Clemons and Trey Steiger, co-founders of Congo Brands. While Paul and KSI are the faces of Prime, owning a…
The Duo Umbrella, a revolutionary product featured on season 15 of Shark Tank, has garnered significant attention thanks to the hit show. Founded by 15-year-old Nathaniel Wellen, The Duo Umbrella has reshaped the concept of shared umbrella use. The young entrepreneur struck a deal with Robert Herjavec. After Shark Tank, The Duo Umbrella is worth an estimated $500,000. The Inception of The Duo Umbrella A freshman at Redondo Union High School, Nathaniel Wellen conceived The Duo Umbrella, a dual-handle umbrella designed to accommodate two people of different heights. This invention was not only a hint to Wellen’s ingenuity but also…
Even with so many baby proofing tools in the market, there seems to be no end to the number of things toddlers can bump their tiny heads into. The Table Tyke gives parents one less thing to worry about with its silicone placemat that features a table edge bumper. Berlyn Haughton pitched her product on Shark Tank but didn’t get a deal. Currently, the Table Tyke is worth an estimated $1 million. Berlyn Haughton It was apparent on the show that The Table Tyke was made with the thoughtfulness of a mother. The product was designed to protect babies from…
A day out with your toddler can be a fun experience until it’s time to change their diapers. Babies and changing tables don’t always get along well. Dingle Dangle is a toy that parents can wear on their head to distract kids while changing nappies. Its creators, Mark Hamilton and Stewart Gold, pitched the product on Shark Tank and got a deal with Kevin O’Leary. Currently, Dingle Dangle is worth an estimated $1 million. The Founders’ Story Dingle Dangle is a uniquely designed play set and has three main uses, with the main one being the diaper-changing helper headband. The…