Ever wondered if a sassy tea brand could conquer the cutthroat world of business after facing the Sharks? Snarky Tea's journey from the Shark Tank stage to a multi-million dollar enterprise is a testament to the power of a strong brand and a savvy entrepreneur.
Jenni Lynn Williams, the founder of Snarky Tea, stepped into the Shark Tank in November 2017, seeking $150,000 for 25% equity in her company. Her vision was clear: to empower women with tea blends that spoke to their real-life experiences. While the initial valuation of $300,000 might have seemed ambitious, Williams possessed a unique blend of marketing prowess and entrepreneurial spirit that would ultimately win over two formidable Sharks. She secured a deal with Kevin O'Leary and Bethenny Frankel, albeit at the cost of 50% equity for the $150,000 investment. This pivotal moment marked the beginning of an extraordinary growth trajectory for Snarky Tea. The brand's presence on Season 9, Episode 8 (s9e8) of "Shark Tank" provided invaluable exposure, propelling it into the national spotlight.
| Category | Details |
|---|---|
| Full Name | Jenni Lynn Williams |
| Business | Snarky Tea |
| Date of Shark Tank Appearance | November 2017 (Season 9, Episode 8) |
| Initial Ask | $150,000 for 25% equity |
| Shark Tank Deal | $150,000 for 50% equity with Kevin O'Leary and Bethenny Frankel |
| Company Valuation at Pitch | $300,000 |
| Net Worth (December 2023 Estimate) | $2 million |
| Annual Revenue (December 2023 Estimate) | $6 million |
| Key Product | Variety of tea blends marketed towards women |
| Inspiration Behind Snarky Tea | Personal challenges as a mother and professional woman |
| Acquisition | Acquired Bruw Cold Brew Filter Company in 2020 |
| Website | Snarky Tea Official Website |
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