Shark Tank Update
Shark Tank Pitch
Postcard On The Run Shark Tank Update
Published:
2m
Los Angeles, CA
| Name | Postcard On The Run |
|---|---|
| Main Presenters | Josh Brooks |
| Presenter Image | |
| Product Image | |
| Last Known in Business | 10/1/2015 |
| Main Location | Los Angeles, CA Loading Map |
| Order Shown in Episode | 1 |
| Final Deal | Offer made from sharks |
Postcard On The Run Shark Tank Pitch
Josh Brooks used to run marketing for the once-successful social platform, MySpace. Josh created Postcard On The Run, a service that allows users to turn photos on their phones into postcards with personalized messages that can be sent to others.
Josh has put $30k into Postcards On The Run and raised $1.6 million from investors, including singer Selena Gomez, for around 27% in equity. Postcards On The Run has had 500k downloads of their app and done $450k in revenue in almost two years. Postcards On The Run has $185k left in the bank. Josh indicated he wanted to use some of the money for marketing.
Several sharks find the company needs to be acquired by a large company to succeed, perhaps because they don't see it being profitable. Robert puts out an offer and stands his ground on it until Josh ultimately accepts.
Offers
| Made By | Label | Sharks Part of Deal | Summary |
|---|---|---|---|
| Company | Offered | $300k for 5% of company | |
| Sharks | Out | Mark Cuban | Out |
| Sharks | Out | Kevin O'Leary | Out |
| Sharks | Out | Barbara Corcoran | Out |
| Sharks | Out | Lori Greiner | Out |
| Sharks | Offered | Robert Herjavec | $300k for 10% of company |
| Company | Offered | $300k for 6% of company | |
| Company | Offered | $300k for 6.25% of company | |
| Sharks | Deal | Robert Herjavec | $300k for 7.5% of company |
| Company | Offered | $300k for 6.7% of company |
Mark Cuban
Out
Barbara Corcoran
Out
Kevin O'Leary
Out
Lori Greiner
Out
Robert Herjavec
Made Deal
Updates in Shark Tank Episodes
| Update Season | Update Episode |
|---|---|
| No Episode Updates | |
Postcard On The Run After Shark Tank
According to a January 2015 announcement by businesswire.com https://www.businesswire.com/news/home/20150127005012/en/SGN-Taps-Entertainment-Strategist-Josh-Brooks-as-SVP-Brand-Strategy-Marketing https://www.facebook.com/PostCardOnTheRun, Josh Brooks left Postcard On The Run to join a mobile games company, SGN, to manage marketing. For a marketing guy, the Postcard On The Run social media was pretty dead in the years following Shark Tank. In October 2015, Postcard On The Run announced on it's Facebook Link Preview
businesswire.com it was shutting down.Link Preview
Facebook
According to Josh Brooks' LinkedIn https://www.linkedin.com/in/brooksjoshbrooks https://x.com/postcarding and based off of recent posts on his Twitter, @postcarding Link Preview
LinkedIn , as of 2022, SGN appears to have been renamed to Jam City, where Josh continues to run Marketing.Link Preview
@postcarding
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