Scooping Bowl Shark Tank Update

Scooping Bowl Shark Tank Pitch

Tyler Peoples appeared on Shark Tank Season 8, Episode 23, which aired on May 5, 2017, with mixing bowl with a built in spatula for easy scooping.

Scooping Bowl is listed in the Lifestyle Home category. In plain terms, the business is described as mixing bowl with a built in spatula for easy scooping.

Scooping Bowl asked the Sharks for $75,000 for 25%, implying a valuation of about $300,000.

On the show, Scooping Bowl made a listed deal with Lori Greiner for $75,000 for 33%.

If treated as straight equity, the listed deal works out to about $227,272.727 implied valuation, down from the original $300,000 implied valuation.

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

Scooping Bowl After Shark Tank

Scooping Bowl accepted an on-air Shark Tank deal for $75,000 for 33%. The on-air deal closed. The company is now out of business. (Peoples Designs Shark Tank Update

The deal with Lori closed and they were on QVC. (Peoples Designs Shark Tank Update

After rebranding it to The Squeebie Bowl, they sold $500,000 in the two years after the original air date. (Peoples Designs Shark Tank Update

Sometime in 2018, something happened and the products became unavailable. (Peoples Designs Shark Tank Update

As of August, 2022, the website is dark, but a renamed "Squeebie Bowl" is for sale on this Facebook Page. (Peoples Designs Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches