Mr. Poncho Shark Tank Update: Where Are They Now?

Mr. Poncho on Shark Tank

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Mr. Poncho is a consumer electronics product pitched as a novel gadget. It is aimed at consumers looking for a convenient, portable electronic solution for everyday use at home or on the go.

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Mr. Poncho Shark Tank deal

Asked for: $50,000 for 25%
Asking valuation: $200K
Result: No deal
Founders: Sandy Hyun and Roman Pietrs
From: New York, NY
Aired: Oct 20, 2009

Would you have invested in Mr. Poncho?

The pitch

Sandy Hyun and Roman Pietrs from New York, NY pitched Mr. Poncho in Shark Tank Season 1, Episode 10 (aired Oct 20, 2009). They asked for $50,000 in exchange for 25% equity, valuing the business at $200K. They left the Tank without a deal.

What happened to Mr. Poncho after Shark Tank?

Out of business

Mr. Poncho appears to be out of business (The phone carrying case business shut down after the show, and Shark Tank Blog lists it as out of business.).

Sources (1)

sharktankblog.com/business/mr-poncho

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Frequently asked questions

Did Mr. Poncho get a deal on Shark Tank?

No. Mr. Poncho did not get a deal on Shark Tank after asking for $50,000 for 25%.

Is Mr. Poncho still in business?

Mr. Poncho appears to be out of business (The phone carrying case business shut down after the show, and Shark Tank Blog lists it as out of business.).

What season and episode was Mr. Poncho on Shark Tank?

Mr. Poncho appeared in Season 1, Episode 10, which first aired on October 20, 2009.

Where can I buy Mr. Poncho?

Search for Mr. Poncho on Amazon or major retailers; availability varies.

What was Mr. Poncho's valuation on Shark Tank?

The founders valued Mr. Poncho at $200,000 when they entered the Tank.