Shark Tank Pitch

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Echo Valley Meats Shark Tank Update

2m



Pitch Overview
NameEcho Valley Meats
Main PresentersDave Alwan
Last Known in Business10/25/2022
Order Shown in Episode1
Final DealOffer made from sharks

Echo Valley Meats Shark Tank Pitch

Dave Alwan appeared on Shark Tank Season 6, Episode 22, which aired on March 13, 2015.

Echo Valley Meats asked the Sharks for $150,000 for 20%, implying a valuation of about $750,000.

On the show, Echo Valley Meats made a listed deal with Mark Cuban for $150,000 for 25%.

If treated as straight equity, the listed deal works out to about $600,000 implied valuation, down from the original $750,000 implied valuation.

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


Offers

Made ByLabelSharks Part of DealSummary
SharksDealMark Cuban$150,000 for 25%
CompanyOffered$150,000 for 20%


Updates in Shark Tank Episodes

Update SeasonUpdate Episode
53

Echo Valley Meats After Shark Tank

Echo Valley Meats is unusual because Dave Alwan returned to Shark Tank after an earlier no-deal pitch. In Season 6, he accepted Mark Cuban's offer of $150,000 for 25% equity (Shark Tank Recap Echo Valley Meats S6 update

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Shark Tank Recap Echo Valley Meats S6 update

https://sharktankrecap.com/echo-valley-meats-update-shark-tank-season-6/

, Shark Tank Blog Echo Valley Meats update

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Shark Tank Blog Echo Valley Meats update

https://www.sharktankblog.com/business/echo-valley-meats/

).

The business kept growing after the show. Shark Tank Blog says Echo Valley Meats expanded its product line and reached about $5 million in annual revenue by 2022 (Shark Tank Blog Echo Valley Meats update

Link Preview

Shark Tank Blog Echo Valley Meats update

https://www.sharktankblog.com/business/echo-valley-meats/

).

The company is still selling direct to consumers: Echo Valley Meats' own site says the Mark Cuban partnership helped turn the family butcher shop into a national brand, and the online store remains active with meat bundles, promotional products, and gift options (Echo Valley Meats official site

Link Preview

Echo Valley Meats official site

https://echovalleymeats.com/

).

Sources

Sources used for this page: Shark Tank API pitches

Link Preview

Shark Tank API pitches

https://www.sharktank-api.dev/pitches

, Shark Tank API episodes

Link Preview

Shark Tank API episodes

https://www.sharktank-api.dev/episodes

, sharktankblog.com

Link Preview

sharktankblog.com

https://www.sharktankblog.com/business/echo-valley-meats/

, Shark Tank Recap

Link Preview

Shark Tank Recap

https://sharktankrecap.com/echo-valley-meats-update-shark-tank-season-6/

, echovalleymeats.com

Link Preview

echovalleymeats.com

https://echovalleymeats.com/

.


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