Snow in Seconds Shark Tank Update

Snow in Seconds Shark Tank Pitch

Jonathan Dusing appeared on Shark Tank Season 15, Episode 8, which aired on December 8, 2023, with Artificial snow solution.

Snow in Seconds is listed in the Fitness Outdoors category. In plain terms, the business is described as Artificial snow solution.

Snow in Seconds asked the Sharks for $50,000 for 10% equity, implying a valuation of about $500,000.

On the show, Snow in Seconds made a listed deal for $50,000 for 33.3% equity.

If treated as straight equity, the listed deal works out to about $150,150.15 implied valuation, down from the original $500,000 implied valuation.

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

Snow in Seconds After Shark Tank

Snow in Seconds accepted an on-air deal for $50,000 for 33.3% equity. After filming, the on-air deal closed. (Snow in Seconds Shark Tank Update - Shark Tank Season 15

As of June, 2024, there is no evidence the deal with Barbara closed. (Snow in Seconds Shark Tank Update - Shark Tank Season 15

As it’s normal for every Shark Tank company, Snow in Seconds capitalized on the exposure by offering Shark Tank - branded deals through its Shopify website and Amazon storefront. (Snow in Seconds Shark Tank Update - Shark Tank Season 15

Snow in Seconds although detailed post-show revenue has not been disclosed, the product remained available and in demand throughout multiple peak seasons. (Snow in Seconds Shark Tank Update - Shark Tank Season 15

Snow in Seconds expanded product options to include everything from small pouches to 10-pound bulk packs, appealing to families, schools, events, and film production companies. (Snow in Seconds Shark Tank Update - Shark Tank Season 15

Sources

Sources used for this page: sharktankblog.com