Quevos on Shark Tank

Quevos makes chips from egg whites, giving a crunchy snack with more protein and fewer carbohydrates than typical chips. It is aimed at health-conscious snackers, including those on keto or low-carb diets.

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⏱ Quevos in 30 seconds

The ask$200K for 5%Valued at $4M
In the tankDeal: $200K for 10%With Daniel · loan
After the showNot confirmedNo public record either way
TodayStill in business

Quevos Shark Tank deal

Asked for: $200,000 for 5%
Asking valuation: $4M
Result: Deal
Final deal: $200,000 for 10%
Deal valuation: $2M
Shark: Daniel Lubetzky
Structure: Loan / credit line
Founders: Nick Hamburger and Zack Schreier
From: -
Aired: Jan 22, 2021

Asked

$4M

Got

$2M

Would you have invested in Quevos?

The pitch

Nick Hamburger and Zack Schreier pitched Quevos in Shark Tank Season 12, Episode 11 (aired Jan 22, 2021). They asked for $200,000 in exchange for 5% equity, valuing the business at $4M. The entrepreneurs walked away with a deal from Daniel Lubetzky: $200,000 for 10%. That put the final valuation at $2M, 50% below what they originally asked for. Part of the investment was structured as a loan or line of credit.