Sam Polk and David Foster came onto
Shark Tank EveryTable Update
- Entrepreneurs: Sam Polk and David Foster
- Business: Healthy Food
- Ask: $1,000,000 for 5% equity
- Result: $1,000,000 for 10% equity
- Sharks: Rohan Oza
Sam and David, two entrepreneurs from Los Angeles, California, were hoping to strike a deal on
Some of the sharks were blown away by the significant valuation that Sam and David had placed on their company, EveryTable. Guest shark, Rohan Oza, called out the valuation along with a few of the other sharks that had some concerns.
Barbara Corcoran and Lori Greiner couldn’t overcome the valuation and decided to drop out without making an offer. Rohan was interested and started to negotiate, but he admitted that he could not invest at a valuation so high. Rohan and the entrepreneurs managed to agree to a deal worth $1,000,000 in exchange for 10% equity. This would effectively place a $10 million valuation on the company as a result of the deal.
Let’s quickly get an EveryTable update to see how the company has been doing. The good news is that EveryTable is still in business and continues to grow in various industries. The long-term steady growth for this company ensures that a bright future will likely remain in the distance for EveryTable as they continue to make business decisions that impact their brand in a positive way.
You can find the other company updates from Season 9 Episode 21 here:
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