Shark Tank Update
Shark Tank Pitch
Zoobean Shark Tank Update
Published:
3m
Washington, DC
| Name | Zoobean |
|---|---|
| Main Presenters | Felix Brandon Lloyd and Jordan Lloyd Bookey |
| Presenter Image | |
| Product Image | |
| Last Known in Business | 2/10/2023 |
| Main Location | Washington, DC Loading Map |
| Order Shown in Episode | 2 |
| Final Deal | Deal was made on the show with sharks Mark Cuban for $250k for 25% of company. |
Zoobean Shark Tank Pitch
Felix Brandon Lloyd and Jordan Lloyd Bookey found it difficult to find books that showed interracial families, so they created Zoobean, a children's book discovery platform that helps filter children's book options down to a person's preferences.
Kevin has a wealth of experience in the children's education space and believes this target audience has an expensive cost of acquiring customers. Felix and Jordan identify other customer acquisition costs as $6 and have 85 subscribers. Felix and Jordan attempt to differentiate Zoobean as being good at identifying user preferences and recommendations.
Jordan was head of K-12 education at Google but left that job two weeks ago to focus on Zoobean full-time. Felix is a former Washington D.C. teacher of the year. Felix then started an education technology company that he exited three years ago.
The sharks don't see Zoobean as only a more specific filter. They feel if there were a need, Amazon would easily implement it. Every shark but Mark goes out. Mark didn't feel Felix and Jordan were convincing about what made them unique or their plans, but Mark informed them of his ideas for Zoobean to add other media forms and services to be the go-to source for finding personalized content.
Felix, Jordan, and Mark agree to a deal. Mark thinks Zoobean will either be a homerun or a strikeout.
Offers
| Made By | Label | Sharks Part of Deal | Summary |
|---|---|---|---|
| Company | Offered | $250k for 15% of company | |
| Sharks | Out | Lori Greiner | Out |
| Sharks | Out | Barbara Corcoran | Out |
| Sharks | Out | Robert Herjavec | Out |
| Sharks | Out | Kevin O'Leary | Out |
| Sharks | Offered | Mark Cuban | $250k for 30% of company |
| Company | Offered | Mark Cuban | $250k for 20% of company |
| Sharks | Deal | Mark Cuban | $250k for 25% of company |
Mark Cuban
Made Deal
Barbara Corcoran
Out
Kevin O'Leary
Out
Lori Greiner
Out
Robert Herjavec
Out
Updates in Shark Tank Episodes
| Update Season | Update Episode |
|---|---|
| No Episode Updates | |
Zoobean After Shark Tank
Jordan Bookey went on the Work and Life https://podcasts.apple.com/us/podcast/ep-66-jordan-bookey-chief-mom-at-zoobean/id1175869621?i=1000407666074 podcast in 2018. Jordan said she went to Wharton Business school, which led her to Google. Jordan did not feel passionate about the work she was given at Google. After a librarian recommended a children's book to Felix Brandon Lloyd and Jordan Lloyd Bookey to suit their family they realized they could build a business around creating recommendations like this, so they created Zoobean.Link Preview
Work and Life
Felix Brandon Lloyd went on the The Rational Reminder Podcast https://podcasts.apple.com/us/podcast/who-are-you-and-who-do-you-want-to-be/id1426530582?i=1000596695096 in 2023. Felix said they had a spike in traffic to their website after Shark Tank, but did not convert into many sales, so they sought to pivot. The started working with libraries and noticed that the libraries often ran reading challenges for kids. Zoobean changed its name to Beanstack and focused the site on encouraging kids to read by giving kids reading challenges and a reading tracking platform. Libraries and schools can create challenges for their students to use.Link Preview
The Rational Reminder Podcast
Beanstack's website shows a roadmap of its progress since Shark Tank here https://www.beanstack.com/about-us/shark-tank. Beanstack launched its mobile app in 2017. In 2018 Mark Cuban invested more money alongside Kapor Capital, AlphaLab Gear, the AT&T Aspire Accelerator, RevUp Capital, the Center for Innovative Technology, and EAI Technologies. They also received money from the Amazon Alexa Fund.Link Preview
here
Beanstack appears to have made steady improvements over the years and, as of 2023, has focused on adding ways of "gamifying" the app. As of 2023, Beanstack has over 30 employees. It's website, beanstack.com https://www.beanstack.com https://www.facebook.com/Zoobean https://x.com/zoobeanreads https://www.instagram.com/zoobean looks and functions beautifully. Their Facebook Link Preview
beanstack.com , Twitter, @zoobeanreads Link Preview
Facebook , and Instagram, @zoobean Link Preview
@zoobeanreads , are active as of 2023.Link Preview
@zoobean
According to Felix Brandon Lloyd's LinkedIn https://www.linkedin.com/in/fblloyd https://x.com/fblloyd https://www.linkedin.com/in/jordanlloydbookey he is an Executive Officer at Beanstack in 2023. He is also active on his Twitter, @fblloyd Link Preview
LinkedIn . According to Jordan Bookey's LinkedIn Link Preview
@fblloyd , she is actively involved with Beanstack and runs a podcast about reading.Link Preview
LinkedIn
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