Solsource Shark Tank Update

Solsource Shark Tank Pitch

Catlin Powers appeared on Shark Tank Season 9, Episode 22, which aired on February 10, 2018, with solar cooking products making it simple to cook anywhere under the sun.

Solsource is listed in the Fitness Outdoors category. In plain terms, the business is described as solar cooking products making it simple to cook anywhere under the sun.

Solsource asked the Sharks for $500,000 for 3%, implying a valuation of about $16.7 million.

On the show, Solsource made a listed deal with Mark Cuban for $500,000 for 4%.

If treated as straight equity, the listed deal works out to about $12.5 million implied valuation, down from the original $16.7 million implied valuation.

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

Solsource After Shark Tank

Sources