Blendtique Wine Company Shark Tank Update

Blendtique Wine Company Shark Tank Pitch

Billy Dim appeared on Shark Tank Season 8, Episode 19, which aired on March 2, 2017, with wine blending kits.

Blendtique Wine Company is listed in the Lifestyle Home category. In plain terms, the business is described as wine blending kits.

Blendtique Wine Company asked the Sharks for $250,000 for 10%, implying a valuation of about $2.5 million.

On the show, Blendtique Wine Company made a listed deal with Lori Greiner for $250,000 loan at 8% interest for 10%.

If treated as straight equity, the listed deal works out to about $2.5 million 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.

Blendtique Wine Company After Shark Tank

Blendtique Wine Company accepted an on-air Shark Tank deal for $250,000 loan at 8% interest for 10%. The on-air deal did not close. The company is still in business. (Blendtique Wine Company Shark Tank Update

Blendtique Wine Company reported annual revenue of $4 million as of October, 2022. (Blendtique Wine Company Shark Tank Update

As of October, 2022, the company is still in business with estimated annual revenues of $4 million. (Blendtique Wine Company Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches