Shark Tank Pitch

New Era Brands Shark Tank Update

Published:

2m

New Era Brands Shark Tank Update


Pitch Overview
NameNew Era Brands
Main PresentersBob Kroupa
Presenter Image
New Era Brands Entrepreneurs: Bob Kroupa
Product Image
New Era Brands Product Image
Last Known in Business4/15/2011
Main Location

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Order Shown in Episode2
Final DealAll Sharks went Out

New Era Brands Shark Tank Pitch

Bob Kroupa had a profitable real estate career. Bob switched lanes and put $2 million into his clip n' go gum and clip n' go contact lens case. The products focus on people on the go.

New Era Brands did $817k revenue last year and were in several retail stores. Bob dodges around the fact that he blew all his $2 million on outlandish employee salaries and a one big product push, leaving him with nothing but a bad memory and a failed idea.

If you worked for me, I'd fire you right now.

—Kevin O'Leary

Daymond called Bob Rob three times and went out. After Bob explains how he spent all the money and wants to do the same thing again, Daymond hilariously goes out again.

The sharks were nowhere near giving Bob money and suggested he return to being a real estate developer.


Offers

Made ByLabelSharks Part of DealSummary
CompanyOffered$500k for 30% of Company
SharksOutDaymond JohnOut
SharksOutKevin HarringtonOut
SharksOutRobert HerjavecOut
SharksOutKevin O'LearyOut
SharksOutBarbara CorcoranOut

Kevin Harrington
Kevin Harrington

Kevin Harrington

Out

Daymond John
Daymond John

Daymond John

Out

Kevin O'Leary
Kevin O'Leary

Kevin O'Leary

Out

Barbara Corcoran
Barbara Corcoran

Barbara Corcoran

Out

Robert Herjavec
Robert Herjavec

Robert Herjavec

Out


Updates in Shark Tank Episodes

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New Era Brands After Shark Tank

Bob indicated in his exit interview he would take the sharks advice and quit burning money on this. New Era Brands and the Clip n' Go products never saw the light of day after the Shark Tank pitch.

According to his LinkedIn

Link Preview

LinkedIn

https://www.linkedin.com/in/robert-kroupa-8bb30030

Bob was a Real Estate Developer from 2000-2020. In 2011 he wrote a children's book called Just Like You. In 2020 Bob started a company to capitalize on the Covid panic called SureWay Health, which sells masks, and he still runs that today (2022).


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