Entrepreneur Jason Thomas, created a company with the goal of bringing a popular nut from the Philippines, to the American market. The Pili nut is not only delicious, but has great health benefits too. Will he get a deal on
Shark Tank Pili Hunters Update
- Entrepreneur: Jason Thomas
- Business: Keto nuts, butter, and chocolates
- Ask: $325,000 for 10% equity
- Result: No deal
- Shark: None
Jason Thomas, brings his company, Pili Hunters, to
Some research revealed that no one in America uses these unique nuts in their products. Because of this, he brought ten pounds of pili nuts home from his trip, and immediately set about building his business.
These nuts are great for keto and paleo. They are also vegan and vegetarian, and can even be used to make a variety of nut butter, snack nuts, and chocolate bars.
Jason’s numbers say it all, because he’s done over $2.5 million in sales since starting the company 4.5 years ago. When he first started, he was packaging Pili Hunters snack nuts in a hotel room!
In the four years since, he has created jobs, and now has the chance to expand his business. The sharks love the products, and enjoy the samples, but they have some concerns.
Guest shark Daniel Lubetzky, and founder of KIND, is the first shark to drop out, mostly because of the nightmare that would come with obtaining a steady supply of nuts. He thinks that integrating new nuts into existing product lines rarely works.
Daniel goes on to share that scaling and branding Pili Hunters, would be difficult unless he owned pili nut plantations.
Lori Greiner loves the product, but it just isn’t right for her.
Kevin O’Leary has an issue with the valuation for Pili Hunters, and worries about growth.
Robert Herjavec is out as well, with some advice for Jason. He says to focus on one product, instead of creating a whole line right away.
Last but not least, is Mark Cuban. He thinks that Jason is incredible, and that he has achieved the American dream. However, he also feels that Jason needs a full team to properly expand the business.
Further, Mark isn’t willing to provide the help, and drops out. With that, Jason is forced to leave
Did Jason manage to keep his dream going, despite not getting a deal? Find out in our Pili Hunters update!
We have great news to share in our Pili Hunters update! The company is still in business!
These amazing pili nuts have been featured in a host of magazines and publications, including Paleo Magazine Radio, Vogue, and more. Additionally, the nuts are now sold through the Pili Hunters website, as well as on Amazon, and in many small storefronts across America.
Their most popular product seems to be their variety pack. It includes the following flavors; Avocado Oil, Coconut Oil, Spicy Chili, Raw Cacao, Himalayan Salt, and Rosemary.
Our research also revealed an interview with Jason Thomas for My Brand Journey. He states that in 2020, the company was making about $1.3 million in revenue a year.
They’ve come a long way since then, because at the time of this writing, their estimated yearly revenue is $4 million! If we learn anything more about the company, we’ll be sure to let you know!
In the meantime, check out the other companies that appeared on
For even more on companies and products, be sure to stop by our Season 11 products page!
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Andrew Smith is the founder and owner of Shark Tank Recap. He is a longtime Shark Tank fan that has been watching it for years and has seen every episode multiple times. His friends know him as the Shark Tank expert, because he can answer any question about the show! His favorite Shark Tank products are Bertello's pizza oven and Bug Bite Thing!