Avocaderia Shark Tank Update

Avocaderia Shark Tank Pitch

Alessandro Biggi appeared on Shark Tank Season 9, Episode 22, which aired on February 10, 2018, with avocado inspired bar restaurant.

Avocaderia is listed in the Food Beverage category. In plain terms, the business is described as avocado inspired bar restaurant.

Avocaderia asked the Sharks for $300,000 for 10%, implying a valuation of about $3 million.

On the show, Avocaderia made a listed deal with Mark Cuban for $400,000 for 20%.

If treated as straight equity, the listed deal works out to about $2 million implied valuation, down from the original $3 million implied valuation.

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

Avocaderia After Shark Tank

Sources