“‘Shark Tank’ has a tendency to rely heavily on sales as a metric for valuation. They came in asking for a $500,000 investment for 2 percent of the company, which received a few raised eyebrows and laughs in response. But the founders were hoping their product would convince the “sharks” to bite. Home brewing startup’s pitch on “Shark Tank” goes flat – The Denver PostĪaron Walls and Brett Vegas knew they’d receive some pushback from the investors on ABC’s “Shark Tank” when they pitched their Boulder-based startup with a $25 million valuation.īeerMkr, a countertop home brewer that makes a gallon of commercial quality beer in 12 days, had not yet hit the market.
