Snacklins Crisps Update | Shark Tank Season 11
Vegan snacks can be expensive, hard to find, and contain ingredients that are difficult to pronounce. Because of this, Samy Kobrosly found a way to combat all of this and do it on his own terms. But the logistics of a snack deal may put the sharks off during this
If you’re short on time, here’s a quick overview of what happened to Snacklins after
Snacklins appeared on
| Shark: | Result: |
| Mark Cuban | Accepted deal of $250,000 for 5% equity and 5% advisory shares |
| Rohan Oza | No Offer |
| Barbara Corcoran | No Offer |
| Kevin O’Leary | No Offer |
| Lori Greiner | No Offer |
Shark Tank Snacklins Update
- Entrepreneur: Samy Kobrosly
- Business: Vegan pork rinds
- Ask: $250,000 for 2.5% equity
- Result: $250,000 for 5% equity and 5% advisory shares
- Shark: Mark Cuban
Samy brought Snacklins, to
Snacklin are made of real, fresh vegetables – yuca, mushrooms, and onions – undergo a mesmerizing transformation into crisp, airy wonders. It's almost like magic as these ingredients blend seamlessly to create a snack that's both crunchy and healthy veggie chips.
His product isn’t only for Muslims though. It also appeals to vegans and health-conscious snackers.
Snacklins are made with three ingredients—yuca, mushroom, and onions. They’re 80 calories a bag, a fact that instantly attracts the sharks.
Eventually, the numbers get them even more interested in the brand. Samy makes Snacklins in his own factory and has perfected his production method.
His product is already in over 850 stores nationwide. From mom and pop shops, to Whole Foods, Walmart, and 7 Eleven, he’s been able to cover a good amount of the market.
In the year prior, he did $200,000 in sales. Further, in the year of filming, his estimated revenue will be around $2 million.
Each bag retails for between $1.99-$2.29, and costs around $0.90 to manufacture. This means his margins are less than desirable.
Despite the great product, and sales, Barbara Corcoran is immediately out. The risks associated with making a food product and the astronomical costs to keep the product in stores, are too much for her.
Lori Greiner doesn’t agree with the high valuation, and thinks that Snacklins may be too risky. For these reasons, she is also out.
Guest shark Rohan Oza, doesn’t think that Samy should be doing his own manufacturing. He says it’s not viable to not outsource it, so he’s out too.
However, Mark Cuban is on board. He agrees that Samy doing his own manufacturing is the right way to go.
On the other hand, he doesn’t really think the small equity amount Samy is offering would be worth his time. After some debate, he finally offers the $250,000 that Samy asked for, but for 5% equity, plus 5% in advisory shares.
Samy accepts Mark’s deal! Keep reading our Snacklins update to find out what happened after
Research for our Snacklins update revealed that the company is indeed doing better than ever. As of the time of this writing, their estimated yearly revenue is $13 million.
In 2023, Snacklins offers its product in 6 flavors and is available in several stores across the country, including Whole Foods, Walmart, and Stop & Shop.
They’re additionally available on Amazon, and according to the reviews, customers love them!
Shark Tank Recap spoke to Samy in an email interview to get a more detailed Snacklins update. He told us, “Business has been growing year over year and we have expanded our store count 5x since the airing with plans to double that in 2023.”
He also said that working with Mark has been great and he’d make the same deal again. “Mark has been extremely supportive and is always willing to give us perspective and guidance.”
We appreciate Samy taking time offer us an exclusive Snacklins update. If we learn anything new about the company, we will be sure to let you know.
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Kimberly is a writer for Shark Tank Recap. She has written episode summaries and updates across multiple seasons of Shark Tank, with a focus on complete and accurate information since 2021. She believes that getting the business aspects of each deal correct is extremely important for viewers and fans. Her favorite Shark Tank products are The Wobbles and Rocketbook!