Shark Tank Pitch
Eco Nuts Shark Tank Update
Published:
2m
Los Angeles, CA
| Name | Eco Nuts |
|---|---|
| Main Presenters | Mona Weiss and Scott Shields |
| Presenter Image | |
| Product Image | |
| Last Known in Business | 1/1/2021 |
| Main Location | Los Angeles, CA Loading Map |
| Order Shown in Episode | 4 |
| Final Deal | All Sharks went Out |
The Pitch
Mona Weiss and Scott Shields have learned about a berry from the Himalayas that naturally produces soap, called the soapberry. Mona and Scott sell these nuts in their company Eco Nuts to be used as a natural alternative to conventional laundry detergent.
Eco Nuts has been in business for three years. Last year they did $100k in annual revenue and are on track to do $250k this year. Mona is a self-proclaimed social media ninja and playfully touts having more Facebook friends than Barbara.
The sharks found Mona and Scott provided confusing numbers, a small market product, and a confusing product to educate consumers on. All the sharks go out.
They have cheerful and funny personalities. Mona and Scott have been engaged for five years and have been waiting for financial success to get married. Before they leave the tank Kevin O'Leary offers to marry Mona and Scott right then and there, but they decline.
Offers
| Made By | Label | Sharks Part of Deal | Summary |
|---|---|---|---|
| Company | Offered | $175k for 15% of company | |
| Sharks | Out | Kevin O'Leary | Out |
| Sharks | Out | Daymond John | Out |
| Sharks | Offered | Robert Herjavec | $175k for 50% of company |
| Sharks | Out | Robert Herjavec | Out |
| Sharks | Out | Mark Cuban | Out |
| Sharks | Out | Barbara Corcoran | Out |
Mark Cuban
Out
Daymond John
Out
Kevin O'Leary
Out
Barbara Corcoran
Out
Robert Herjavec
Out
Updates in Shark Tank Episodes
| Update Season | Update Episode |
|---|---|
| No Episode Updates | |
Update After Shark Tank
According to an interview https://www.sharktankblog.com/soap-nuts-tycoon-mona-weiss with Shark Tank Blog, Mona Weiss discovered the soapberry during an academic expedition to Costa Rica to study animal behavior for her college major. She also had a background in areas such as animation which helped her prevail in social media.Link Preview
interview
Mona was born and raised in New York, where she was a regular child actress on Sesame Street. Mona attributed her jokes in the tank to her New York upbringing.
Mona regretted not speaking more about their other products such as liquid laundry detergent and cleaning sprays.
According to Shark Tank Blog https://www.sharktankblog.com/business/econuts, Mona and Scott Shields never married and split up in 2015, and Mona left the company. Eco Nuts remained small but steadily added products over the years until closing its doors in 2021.Link Preview
Shark Tank Blog