Shark Tank Product, Wanna Date has a net worth of $2 Million US Dollars. Wanna Date generates $450,000 in revenues annually. Mark Cuban invested $100k in the company for a 33% equity.
This Shark Tank episode has got attention due to Barbara Corcoran’s rude talk to the company’s founder, that she is dependent on her father and can never be successful.
Wanna Date Net Worth
| Net Worth | $2 Million |
| Annual Revenue | $450,000 |
| Online Sales | 85% |
| Profits | $190,000 |
| Lifetime Sales | $3.6 Million |
| Employees | 2 |
| Investors | Mark Cuban |
Revenues
When Wanna Data appeared on Shark Tank, the company was making just under $30k in annual sales.
Within two months of airing the episode on TV, the company sold over $200,000 in products. During the first year after Shark Tank, revenues were $550,000.
As of today, the company is consistently generating $40,000 in revenues each month.
Mark Cuban has helped its Founder to reduce manufacturing costs. Wanna Date’s net worth has been growing at a 25% rate each year.
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Wanna Data Shark Tank Pitch
Wanna Date approached Shark Tank pitching for $100,000 for 20% equity in the company. Wanna Date offers a line of Date based spreads that are natural, vegan, and totally allergen-free.
The company offers products in four flavors – Chocolate, Vanilla, Cinnamon, and Pumpkin Spice. One serving of Wanna Date contains 30 calories.
Kevin mentions during the pitch that Dates are one of the healthiest foods on the planet.
Daymond John is the first Shark to drop, saying that he knows nothing about the business. Lori Griener follows as it’s a crowded market and she sees no future in it.
When Mark Cuban was advising the Founder, why don’t she release just the Plain Date Spread, and discontinue other flavors.
That’s when Barbara swoops in and starts talking about some ridiculous things. Barbara insults the founder saying that she is living on her father’s money and she does not have the drive to be successful.
Hearing this, Mark takes the side of Melissa (Wanna Date Founder). He then offers her $100k for a 33% stake in the company. She accepts the deal without any counter.
FAQs
What happened to Wanna Date from Shark Tank?
Wanna Date is generating over $400k in sales and has become a highly successful company after Shark Tank.
Did Wanna Date become successful?
Yes. Wanna Date’s valuation is now over $2 million.
How much is Wanna Date worth now?
As of today, Wanna Date’s net worth is $2 Million.
Is Wanna Date spread healthy?
Yes. Wanna Date is made up of no oils and has all the healthy proteins that dates offer.