RokBlok by Pink Donut Shark Tank Update

RokBlok by Pink Donut Shark Tank Pitch

Logan Riley appeared on Shark Tank Season 9, Episode 13, which aired on December 2, 2017, with Wireless portable record player.

RokBlok by Pink Donut is listed in the Other category. In plain terms, the business is described as Wireless portable record player.

RokBlok by Pink Donut asked the Sharks for $300,000 for 15%, implying a valuation of about $2 million.

On the show, RokBlok by Pink Donut made a listed deal with Robert Herjavec for $500,000 for 100%.

If treated as straight equity, the listed deal works out to about $500,000 implied valuation, down from the original $2 million implied valuation.

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

RokBlok by Pink Donut After Shark Tank

RokBlok's dramatic on-air offer for 100% of the company did not close, and the business remained independent after Shark Tank. (RokBlok Shark Tank Update

The post-show record is mixed: updates say not all Kickstarter units were delivered, while the product and brand still maintained a public web presence. (RokBlok Shark Tank Update

Founder Logan Riley also worked on Look For, an app for finding friends in crowds, showing that his post-show path moved beyond the small record-player device alone. (RokBlok Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches