✓ Got a deal Out of business Season 7, Ep. 25 🍽️ Food & Drink

The Drip Drop on Shark Tank

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The Drip Drop is an edible ring placed at the base of an ice cream cone to catch drips. It is aimed at families and ice cream shops looking to reduce sticky messes.

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⏱ The Drip Drop in 30 seconds

  1. The ask$50K for 20%Valued at $250K
  2. In the tankDeal: $50K for 33.3%With Barbara
  3. After the showNot confirmedNo public record either way
  4. TodayClosedThe business stopped operating in 2019 and its own website went offli…

The Drip Drop Shark Tank deal

Asked for
$50,000 for 20%
Asking valuation
$250K
Result
Deal
Final deal
$50,000 for 33.3%
Deal valuation
$150.2K
Founders
-
From
CO
Aired
Apr 22, 2016
Asked
$250K
Got
$150.2K

Would you have invested in The Drip Drop?

The pitch

The founders from CO pitched The Drip Drop in Shark Tank Season 7, Episode 25 (aired Apr 22, 2016). They asked for $50,000 in exchange for 20% equity, valuing the business at $250K. The entrepreneurs walked away with a deal from Barbara Corcoran: $50,000 for 33.3%. That put the final valuation at $150.2K, 40% below what they originally asked for.

What happened to The Drip Drop after Shark Tank?

Out of business

The Drip Drop appears to be out of business (The business stopped operating in 2019 and its own website went offline.).

Sources (1)
  1. sharktankblog.com/business/drip-drop/
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Frequently asked questions

Did The Drip Drop get a deal on Shark Tank?

Yes. The Drip Drop got a deal with Barbara Corcoran for $50,000 and 33.3% equity.

Which Shark invested in The Drip Drop?

Barbara Corcoran invested in The Drip Drop on Season 7 of Shark Tank. Note that some on-air deals change or fall through during due diligence.

Is The Drip Drop still in business?

The Drip Drop appears to be out of business (The business stopped operating in 2019 and its own website went offline.).

What season and episode was The Drip Drop on Shark Tank?

The Drip Drop appeared in Season 7, Episode 25, which first aired on April 22, 2016.

Where can I buy The Drip Drop?

Search for The Drip Drop on Amazon or major retailers; availability varies.

What was The Drip Drop's valuation on Shark Tank?

The founders valued The Drip Drop at $250,000 when they entered the Tank, and the final deal valued it at $150,150.

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