✓ Got a deal Still in business Season 13, Ep. 21 🍽️ Food & Drink

Cup Bop on Shark Tank

Cup Bop is a quick-service restaurant chain and food truck business serving Korean barbecue in a cup. Diners choose meats, toppings and sauces over rice or noodles, served in a portable cup format designed for eating on the go.

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⏱ Cup Bop in 30 seconds

The ask$1M for 3%Valued at $33.33M
In the tankDeal: $1M for 5%With Mark
After the showNot confirmedNo public record either way
TodayStill in business

Cup Bop Shark Tank deal

Asked for: $1,000,000 for 3%
Asking valuation: $33.33M
Result: Deal
Final deal: $1,000,000 for 5%
Deal valuation: $20M
Shark: Mark Cuban
Founders: Jung Song and Dok Kwon
From: -
Aired: May 2, 2022

Asked

$33.33M

Got

$20M

Would you have invested in Cup Bop?

The pitch

Jung Song and Dok Kwon pitched Cup Bop in Shark Tank Season 13, Episode 21 (aired May 2, 2022). They asked for $1,000,000 in exchange for 3% equity, valuing the business at $33.33M. The entrepreneurs walked away with a deal from Mark Cuban: $1,000,000 for 5%. That put the final valuation at $20M, 40% below what they originally asked for.