Potato Parcel Net Worth 2023 Update (Before & After Shark Tank)

Potato-Parcel-Shark-Tank-US-Net-worth-Update

Potato Parcel is a company that inscribes custom messages on potatoes. This was started by Alex Craig and Riad Bekhit in 2015. As of November 2023, Potato Parcel’s net worth is $1.75 million. They’re pulling in a whopping $7 million in annual revenue. 

In 2016, they appeared on Season 08 of Shark Tank USA and made a deal with Kevin O’Leary for $50,000 for 10% of equity. The final valuation was $500,000, the same as the founder’s initial estimate.

Appearance on Shark Tank allowed Potato Parcel to grow its sales notably. Potato Parcel expanded its product line and is currently performing well in the market. You can customize your message on a potato via their company website.

Potato Parcel Net Worth

Net worth$1.75 (2023)
Annual Sales Revenue$7 million (2023)
Profits$10,000-13,000
Lifetime sales
InvestorKevin O’Leary
FounderAlex Craig and Riad Bekhit
Employees<10

Potato Parcel Net Worth Timeline

Net Worth 2023$1.75 million
Net Worth 2022$1.75 million
Net Worth 2021$1 million
Net worth valuation in 2016 after appearing on Shark Tank  $500,000
Net worth valuation in 2016 before appearing on Shark Tank  $500,000

Potato Parcel Pitch on Shark Tank

Company namePotato Parcel
ProductA company that inscribes custom messages on potatoes
EpisodeSeason 08 Episode 06
FoundersAlex Craig and Riad Bekhit
Asked for$50,000 for 10% equity
Final deal$50,000 for 10% equity
SharkKevin O’Leary
LocationSouth San Francisco, California

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Potato Parcel Founders

Alex Craig and Riad Bekhit founded Potato Parcel in 2015. Alex initially came up with the unique idea of the Potato Parcel. He is a graduate of the University of North Texas. He started his career as an App Developer, eventually exploring an entrepreneurial venture. Alex’s business partner and the co-founder of Potato Parcel, Riad Bekhit, has an academic background in Finance and Business Management. Potato Parcel’s founders, Alex Craig, and Riad Bekhit’s net worth is unknown as of 2023.

Key accomplishments

YearAccomplishment
2016Potato Parcel was featured in Shark Tank
2018The company has sold over 70,000 potatoes since the pitch.

Conclusion

From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Potato Parcel and its continued success.