Guzzle Buddy Shark Tank Update

Guzzle Buddy Shark Tank Pitch

Jennifer Sullivan and Randy Rothfus appeared on Shark Tank Season 9, Episode 18, which aired on January 20, 2018, with drink accessory that turns a wine bottle into a glass.

Guzzle Buddy is listed in the Accessories Gadgets category. In plain terms, the business is described as drink accessory that turns a wine bottle into a glass.

Guzzle Buddy asked the Sharks for $400,000 for 10%, implying a valuation of about $4 million.

On the show, Guzzle Buddy made a listed deal with Daymond John for $400,000 for 25%.

If treated as straight equity, the listed deal works out to about $1.6 million implied valuation, down from the original $4 million implied valuation.

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

Guzzle Buddy After Shark Tank

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