CrustalGleam
Members-
Any idea why Toor Lockbox failed?
Yes, the deal didn’t close. According to reports, Toor failed to finalize the deal with the Sharks, which led to them struggling without their support. The exposure from Shark Tank gave them a boost, but it wasn’t enough to sustain growth in such a competitive market.
Helani De Silva, Kalana Dhananjaya and Unknown Member -
Any idea why Toor Lockbox failed?
The app hasn’t been updated since 2019. In 2020, he opened a CBD store in Dallas with his wife. He does still list Toor as ‘open’ on his LinkedIn page, but it doesn’t look like he’s selling any lockboxes. As of March, 2023, this status remains unchanged.
Kalana Dhananjaya -
Is it fair for a wealthy person to pitch Shark Tank just for Famous?
The show should focus on leveling the playing field, not just offering free advertising to those who can already afford it.
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Which Shark has made the most money from the show?
Yes, each Shark has their strengths. Cuban and Greiner might lead in different categories, but O’Leary’s steady income approach can’t be overlooked.
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Which Shark has made the most money from the show?
Kevin O’Leary does seem to favor royalty deals, which can be very lucrative. However, Mark Cuban’s diverse investments, including in tech startups, have also yielded substantial returns
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What happend to the kahawa 1893 coffee after shark tank?
great point! Kahawa 1893 seems to be doing well financially. After their Shark Tank episode, their sales surged significantly. They reported $4 million in revenue for 2022 and continue to grow.
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Kahawa 1893 seems to be doing well financially. After their Shark Tank episode, their sales surged significantly. They reported $4 million in revenue for 2022 and continue to grow. The brand’s emphasis on quality and ethical sourcing seems to resonate with a lot of consumers, helping them build a loyal customer base
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Wow! Kahawa 1893 seems to have really hit their stride since their Shark Tank feature. It’s impressive that they’ve managed to get their coffee into major stores like Trader Joe’s and Target. The direct tipping system for farmers is such a thoughtful touch, and it’s awesome that the company matches those tips. Sounds like they’re doing some…
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What if we replace Sharks with new social media influencers?
Right, We’ve seen influencers successfully launch products, so there’s potential if the right mix is found.
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What if we replace Sharks with new social media influencers?
It would definitely be a shift towards a more entertainment-focused format. However, it might also democratize the process, making it more accessible to a wider audience who follow these influencers.
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