Shark Tank Update
Shark Tank Pitch
Copa Di Vino Shark Tank Update
Published:
2m
The Dalles, OR
| Name | Copa Di Vino |
|---|---|
| Main Presenters | James Martin |
| Presenter Image | |
| Product Image | |
| Last Known in Business | 9/1/2022 |
| Main Location | The Dalles, OR Loading Map |
| Order Shown in Episode | 4 |
| Final Deal | All Sharks went Out |
Copa Di Vino Shark Tank Pitch
James Martin is the first entrepreneur to return to the tank, bringing his company Copa Di Vino. Copa Di Vino is a wine-by-the-glass brand utilizing James' patented single-use wine containers.
Copa Di Vino is now doing $5 million in annual revenue and is strapped for cash to fund inventory to meet the demand.
Kevin picks back up on the same offer James left the tank on previously in season 2, episode 1. Kevin is interested in the licensing side of the business.
As James steps out to speak with the founder of Samuel Adams Beer, Jim Koch, Daymond sneaks back up to the display table to grab a few more glasses of wine. More importantly, Jim encourages James not to lower his valuation.
James is an egregiously slow responder. After Mark, Kevin, and Robert make an offer together, James ponders while drinking a thousand-dollar bottle of wine. It seems James will accept the deal until Mark backs out due to James' drama.
Offers
| Made By | Label | Sharks Part of Deal | Summary |
|---|---|---|---|
| Company | Offered | $300k for 5% of Company | |
| Sharks | Offered | Kevin O'Leary | $600k for 51% of Company |
| Sharks | Out | Daymond John | Out |
| Sharks | Out | Barbara Corcoran | Out |
| Sharks | Offered | Kevin O'Leary | $300k for 12% of Company |
| Company | Offered | $300k for 8% of Company | |
| Sharks | Offered | Mark Cuban, Kevin O'Leary, Robert Herjavec | $600k for 30% of Company |
| Sharks | Out | Mark Cuban | Out |
| Sharks | Out | Robert Herjavec | Out |
Mark Cuban
Out
Daymond John
Out
Kevin O'Leary
Offered
Barbara Corcoran
Out
Robert Herjavec
Out
Updates in Shark Tank Episodes
| Update Season | Update Episode |
|---|---|
| No Episode Updates | |
Copa Di Vino After Shark Tank
In 2022 Copa Di Vina is thriving but without James Martin. According to Shark Tank Blog https://www.sharktankblog.com/business/copa-di-vino-2, distributors found the product selling very well in 2012. By 2015 Copa Di Vino was doing $20 million in revenue and was valued at $70 million.Link Preview
Shark Tank Blog
In 2021 James sold the company to Splash Public Group for an undisclosed amount. Splash Public Group is a publically traded beverage company with a market cap of $100 million in 2022.
Copa Di Vino's website is copadivino.com https://copadivino.com.Link Preview
copadivino.com
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