Shark Tank Pitch

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BeeSweet Lemonade Shark Tank Update

2m

Food Beverage


Pitch Overview
NameBeeSweet Lemonade
Main PresentersMikaila Ulmer, Theo Ulmer
Order Shown in Episode1
Final DealDeal was made on the show with sharks Daymond John for $60,000 for 25%.

BeeSweet Lemonade Shark Tank Pitch

Mikaila Ulmer and Theo Ulmer appeared on Shark Tank Season 6, Episode 23, which aired on March 20, 2015, with flaxseed lemonade made with locally sourced honey.

BeeSweet Lemonade is listed in the Food Beverage category. In plain terms, the business is described as flaxseed lemonade made with locally sourced honey.

BeeSweet Lemonade asked the Sharks for $60,000 for 10%, implying a valuation of about $600,000.

On the show, BeeSweet Lemonade made a listed deal with Daymond John for $60,000 for 25%.

If treated as straight equity, the listed deal works out to about $240,000 implied valuation, down from the original $600,000 implied valuation.

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


Offers

Made ByLabelSharks Part of DealSummary
CompanyOffered$60,000 for 10%
SharksDealDaymond John$60,000 for 25%


Updates in Shark Tank Episodes

Update SeasonUpdate Episode
No Episode Updates

BeeSweet Lemonade After Shark Tank

BeeSweet Lemonade accepted an on-air Shark Tank deal for $60,000 for 25%. Follow-up reporting lists the company as still operating after its Shark Tank appearance. (Bee Sweet Lemonade Shark Tank Update

Link Preview

Bee Sweet Lemonade Shark Tank Update

https://www.sharktankblog.com/business/bee-sweet-lemonade/

).

Mikaila scored an $11 million distribution deal with Whole Foods which started stocking the product in 55 stores, Daymond helped design and license a "Start Your Own Lemonade Stand" kit with tips from Mikaila. The founder gets an update segment in episode 1206 in season 12 where a now very grown up Mikaila updates the Sharks on her business and rebranding to Me and the Bees. (Bee Sweet Lemonade Shark Tank Update

Link Preview

Bee Sweet Lemonade Shark Tank Update

https://www.sharktankblog.com/business/bee-sweet-lemonade/

).

The official website for BeeSweet Lemonade is listed as www.meandthebees.com. (BeeSweet Lemonade website

Link Preview

BeeSweet Lemonade website

https://www.meandthebees.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/bee-sweet-lemonade/

, meandthebees.com

Link Preview

meandthebees.com

https://www.meandthebees.com

.


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