The Good Promise Shark Tank Update

The Good Promise Shark Tank Pitch

Karen Posada appeared on Shark Tank Season 7, Episode 22, which aired on March 18, 2016, with pure vegetable juices and pasta sauces.

The Good Promise is listed in the Food Beverage category. In plain terms, the business is described as pure vegetable juices and pasta sauces.

The Good Promise asked the Sharks for $100,000 for 20%, implying a valuation of about $500,000.

The source data lists no completed on-air deal for The Good Promise.

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

The Good Promise After Shark Tank

The Good Promise left Shark Tank without an on-air deal. Follow-up reporting lists the post-show status as out of business. (The Good Promise Shark Tank Update

As of November 2016, it appears that the Good Promise's strike out on Shark Tank was a death knell for the company. (The Good Promise Shark Tank Update

The social media hasn't been updated since April, and the website returns an error page. (The Good Promise Shark Tank Update

In spite of Karen's insistence that consumers would overlook the poor flavor combinations in return for health benefits, it doesn't seem as if she was able to convince enough people to buy her veggie smoothies. (The Good Promise Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches