ReThink Shark Tank Update

ReThink Shark Tank Pitch

Trisha Prabhu appeared on Shark Tank Season 8, Episode 1, which aired on September 23, 2016, with anti-bullying app that prompts the sender to think twice before sending a message.

ReThink is listed in the Software Tech category. In plain terms, the business is described as anti-bullying app that prompts the sender to think twice before sending a message.

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

On the show, ReThink made a listed deal with Mark Cuban and Lori Greiner for $100,000 for 20%.

If treated as straight equity, the listed deal works out to about $500,000 implied valuation, roughly the same implied valuation as the ask.

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

ReThink After Shark Tank

ReThink accepted an on-air Shark Tank deal for $100,000 for 20%. The on-air deal did not close. The company is still in business. (ReThink Shark Tank Update

As of April, 2023, Trisha's net worth is reported to be $2 million. (ReThink Shark Tank Update

As of May, 2021, there are over 5 million users worldwide. (ReThink Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches