Postcard on the Run Net Worth 2023 Update (Before & After Shark Tank)
Postcard on the Run is a mobile app that allows users to take photographs from their mobile phones and personalize them with messages. This was started by Josh Brooks in 2011. Postcard on the Run’s net worth was $4 million in 2013 based on the Shark Tank deal.
In 2013 they appeared on Season 5 of Shark Tank USA and made a deal with Robert Herjavec, $300,000 for 7.5% of equity.
After winning a deal, Postcard on the Run successfully continued the business. However, increasing competition in the market made it challenging for Postcard on the Run to survive. In 2015, Postcard on the Run officially went out of business.
Postcard on the Run Net Worth
Net worth | $4 million (2013) |
Annual Sales Revenue | $450,000 (2012) |
Profits | – |
Lifetime sales | – |
Investor | Robert Herjavec |
Founder | Josh Brooks |
Employees | – |
Postcard on the Run Net Worth Timeline
Net Worth 2023 | Out of business |
Net Worth 2022 | Out of business |
Net Worth 2021 | Out of business |
Net Worth 2020 | Out of business |
Net worth valuation in 2013 after appearing on Shark Tank | $4 million |
Net worth valuation in 2013 before appearing on Shark Tank | $6 million |
Postcard on the Run Pitch on Shark Tank
Company name | Postcard on the Run |
Product | A mobile app that allows users to take photographs from their mobile phones and personalize them with messages |
Episode | Season 05 Episode 01 |
Founder | Josh Brooks |
Asked for | $300,000 for 5% equity |
Final deal | $300,000 for 7.5% equity |
Shark | Robert Herjavec |
Location | Los Angeles, California |
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Postcard on the Run Founder
Postcard on the Run was founded by Josh Brooks in 2011. Josh is an alumnus of Boston University and the University of Arizona. Before commencing his own business, Josh held several positions in different companies. Currently, he is the Executive Vice President, Marketing & Operations at Plai Labs. Postcard on the Run’s founder Josh Brooks’s net worth is unknown as of 2023.
Key accomplishments
Year | Accomplishment |
2013 | Postcard on the Run appeared on Shark Tank and secured a deal Josh Brooks could raise $750k from Selena Gomez who assisted with publicizing Postcard on the Run |
Conclusion
Some companies that appear on the show have not achieved great success, and the Postcard on the Run 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, Postcard on the Run went out of business in 2015. And the product is no longer available in the market.