Delighted By Shark Tank Update

Delighted By Shark Tank Pitch

Makenzie Marzluff appeared on Shark Tank Season 9, Episode 4, which aired on October 15, 2017, with Chickpea-based dessert flavored hummus.

Delighted By is listed in the Food Beverage category. In plain terms, the business is described as Chickpea-based dessert flavored hummus.

Delighted By asked the Sharks for $600,000 for 12%, implying a valuation of about $5 million.

On the show, Delighted By made a listed deal with Mark Cuban for $600,000 for 25%.

If treated as straight equity, the listed deal works out to about $2.4 million implied valuation, down from the original $5 million implied valuation.

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

Delighted By After Shark Tank

Delighted By accepted an on-air deal with Mark Cuban, but the deal did not close after filming. (Delighted By Dessert Hummus Shark Tank Blog update

The company did generate real post-show traction, with follow-up reporting pointing to about $5 million in sales by 2018. (Delighted By Dessert Hummus Shark Tank Blog update

The business later ran into manufacturing and co-packer limits that made it hard to meet demand from major grocery buyers. (Delighted By Dessert Hummus Shark Tank Blog update

Delighted By is now out of business; the dessert-hummus brand did not turn the Shark Tank attention into a durable retail company. (Delighted By Dessert Hummus Shark Tank Blog update

Sources

Sources used for this page: Shark Tank API pitches