Magic Dates Shark Tank Update

Magic Dates Shark Tank Pitch

Diana Arrar appeared on Shark Tank Season 13, Episode 17, which aired on March 25, 2022, with snack sized date bites .

Magic Dates is listed in the Food Beverage category. In plain terms, the business is described as snack sized date bites .

Magic Dates asked the Sharks for $150,000 for 10%, implying a valuation of about $1.5 million.

On the show, Magic Dates made a listed deal with Kevin O'Leary for $150,000 for 33.3%.

If treated as straight equity, the listed deal works out to about $450,450.45 implied valuation, down from the original $1.5 million implied valuation.

This pitch is included as context for the more important question: what happened after Shark Tank.

Magic Dates After Shark Tank

Magic Dates accepted an on-air Shark Tank deal for $150,000 for 33.3%. Later follow-up coverage says the deal closed. (Magic Dates Shark Tank Update

Annual revenue for Magic Dates is unknown at this time. (Magic Dates Shark Tank Update

Diane added "date flights" to her line. (Magic Dates Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches