✓ Got a deal Out of business Season 6, Ep. 21 🏠 Home & Lifestyle

Coco Jack on Shark Tank

Coco Jack is a tool kit for safely opening young coconuts and extracting their water and meat. It is aimed at people who regularly use fresh coconuts and want an alternative to cleavers.

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⏱ Coco Jack in 30 seconds

The ask$125K for 10%Valued at $1.25M
In the tankDeal: $125K for 25%With Mark · loan
After the showNot confirmedNo public record either way
TodayClosedCoco Jack appears to be out of business; its website is gone, its Twi…

Coco Jack Shark Tank deal

Asked for: $125,000 for 10%
Asking valuation: $1.25M
Result: Deal
Final deal: $125,000 for 25%
Deal valuation: $500K
Shark: Mark Cuban
Structure: Loan / credit line
Founders: Dave Goodman
From: Austin, TX
Aired: Mar 6, 2015

Asked

$1.25M

Got

$500K

Would you have invested in Coco Jack?

The pitch

Dave Goodman from Austin, TX pitched Coco Jack in Shark Tank Season 6, Episode 21 (aired Mar 6, 2015). They asked for $125,000 in exchange for 10% equity, valuing the business at $1.25M. The entrepreneurs walked away with a deal from Mark Cuban: $125,000 for 25%. That put the final valuation at $500K, 60% below what they originally asked for. Part of the investment was structured as a loan or line of credit.

What happened to Coco Jack after Shark Tank?

Out of business Last checked October 3, 2026

Coco Jack appears to be out of business (Coco Jack appears to be out of business; its website is gone, its Twitter account was suspended and its Facebook page has not been updated since September 2017.).

Sources (1)