180 CUP, a dual-function party cup designed by Solomon Fallas, appeared on Shark Tank in 2014, catching attention for its versatility as both a shot glass and regular cup.
Although Fallas didn’t secure a deal with the Sharks, the exposure led to increased sales and popularity in the party supply market. As of the latest updates, 180 CUP is no longer active. During closure, the company had around $4.9 million in sales.
The product achieved significant retail distribution post-Shark Tank, though it didn’t receive crowdfunding or external investment, and eventually ceased operations due to competitive market challenges.
180 CUP Net Worth
Estiamted Net worth | $1.2 million (2013) Business Valuation |
Annual Sales Revenue | $4.9 million (2014) |
Lifetime sales | Not available |
Investor | Daymond John |
Founder | Solloman Fallas |
Employees | Not available |
180 CUP Pitch on Shark Tank
Company name | 180 CUP |
Product | 2-in-1 plastic cup and shot glass. |
Episode | Season 05 Episode 07 |
Founder | Solloman Fallas |
Asked for | $300,000 for 15% equity |
Final deal | $300,000 for 25% equity |
Shark | Daymond John |
Location | Ovieda, Florida |
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180 CUP Founder
180 CUP was founded by Solloman Fallas in 2012. Solomon got the initial idea to invent 180 CUP inspired by college Keg parties. 180 CUP’s founderSolloman Fallas’s net worth is currently unknown.
Key accomplishments
Year | Accomplishment |
2013 | The company got featured on Shark Tank season 5 and made a deal. |
Conclusion
Some companies that appear on the show have not achieved great success, and the 180 CUP was one of them. Sometimes businesses don’t succeed because of many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However, 180 CUP went out of business in 2016 And the product is no longer available in the market.