Coco Jack Shark Tank Update

Coco Jack Shark Tank Pitch

Dave Goodman appeared on Shark Tank Season 6, Episode 21, which aired on March 5, 2015, with coconut opener kit.

Coco Jack is listed in the Lifestyle Home category. In plain terms, the business is described as coconut opener kit.

Coco Jack asked the Sharks for $125,000 for 10%, implying a valuation of about $1.3 million.

On the show, Coco Jack made a listed deal with Mark Cuban for $125,000 for 25%.

If treated as straight equity, the listed deal works out to about $500,000 implied valuation, down from the original $1.3 million implied valuation.

This pitch is included as context for the more important question: what happened after Shark Tank.

Coco Jack After Shark Tank

Coco Jack accepted an on-air Shark Tank deal for $125,000 for 25%. The on-air deal did not close. Follow-up reporting lists the company as in business. (Shark Tank Update

Coco Jack reported lifetime sales of $5 million and As of August, 2021, the company website is down, but the products are readily available on Amazon. (Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches