O'Dang Hummus Shark Tank Update

O'Dang Hummus Shark Tank Pitch

Jesse Wolfe appeared on Shark Tank Season 7, Episode 2, which aired on October 2, 2015, with line of hummus salad dressings.

O'Dang Hummus is listed in the Food Beverage category. In plain terms, the business is described as line of hummus salad dressings.

O'Dang Hummus asked the Sharks for $50,000 for 10%, implying a valuation of about $500,000.

On the show, O'Dang Hummus made a listed deal with Lori Greiner and Robert Herjavec for $50,000 for 20%.

If treated as straight equity, the listed deal works out to about $250,000 implied valuation, down from the original $500,000 implied valuation.

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

O'Dang Hummus After Shark Tank

O'Dang Hummus accepted an on-air Shark Tank deal for $50,000 for 20%. The on-air deal did not close. Follow-up reporting lists the company as in business. (O'Dang Hummus Shark Tank Update

In 2018, Jesse signed a deal to be in 2000 Walmart locations, and the relationship continued. (O'Dang Hummus Shark Tank Update

They changed the name of the business to O’Dang Foods and launched their bottled dressing line in major retail stores like Walmart. (O'Dang Hummus Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches