Mee Ma’s Gumbo, a Fully-seasoned frozen gumbo base, was started by Carole Foster in 2007. Mee Ma’s Gumbo net worth was $1 Million in 2013 based on the Shark Tank deal of $200,000 for 20% equity.
On May 3, 2013, they appeared on Season 4 of Shark Tank USA and made a deal with Kevin O’Leary and Lori Greiner, $200,000 for 50% of equity.
Mee Ma’s Gumbo is out of business. However, their official website is active but the Facebook page is not active since 2022.
Mee Ma’s Gumbo Net Worth
|Net worth||$1 Million (Business valuation)|
|Lifetime sales||$22.9 million|
|Investors||Kevin O’Leary and Lori Greiner|
Mee Ma’s Gumbo Net Worth Timeline
|Net Worth 2023||$1 Million|
|Net Worth 2022||$800,000|
|Net Worth 2021||$600,000|
|Net Worth 2020||$450,000|
|Net worth valuation in 2013 after appearing on Shark Tank||$400,000|
|Net worth valuation in 2013 before appearing on Shark Tank||$1 Million|
Mee Ma’s Gumbo Pitch on Shark Tank
|Company name||Mee Ma’s Gumbo|
|Product||Fully-seasoned frozen gumbo base|
|Episode||Season 04 Episode 23|
|Asked for||$200,000 for 20% equity|
|Final deal||$200,000 for 50% equity|
|Sharks||Kevin O’Leary and Lori Greiner|
|Location||Granada Hills, California|
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Mee Ma’s Gumbo Founder
Mee Ma’s Gumbo was founded by Carole Foster in 2007. She is a southern-style chef. She has become one of the best chefs in the South. Mee Ma’s Gumbo’s founder, Carole Foster, has a net worth of USD 1 Million as of 2023.
|2022||Mee-Ma’s Gumbo sold more than Mee Ma’s Gumbo $500k in bricks|
|2013||Mee-Ma’s Gumbo has been featured in Shark Tank|
Some companies that appear on the show have not achieved great success, and Mee Ma’s Gumbo is one of them. Sometimes businesses don’t succeed for 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, Mee Ma’s Gumbo went out of business in 2022. And the product is no longer available in the market.