Beer Blizzard
device that attaches to the domed underside of canned beverages
Pitch Details
Season / Episode
S7E22
Mar 18, 2016
Ask
$100,000
for 10%
Ask Valuation
$1M
Deal
$100,000
for 25%
Watch the Pitch
Deal Terms
Amount$100,000
Equity25%
Valuation$400,000
Mark CubanWhat Happened Next
Deal Fell Through
Deal never closed after due diligence. The company lacked infrastructure to scale and key licensing partnerships (NASCAR, Anheuser-Busch) also fell through.
Operating
0- Appeared on Season 7; no deal made on the show
- Freezable insert to keep beers cold in a cooler
- Simple product that was easy to replicate
- Did not gain significant market traction
- Company appears to have ceased operations
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