EZVIP Shark Tank Update

EZ VIP - Entertainment

DealNow:Out of BusinessEntertainmentSeason 3, Episode 1Miami, FLby Alashe NelsonWebsite

What Happened to EZVIP After Shark Tank

Is EZVIP still in business? No — the company has shut down.

  • On-air deal with Mark Cuban and Daymond John for $150,000 for 30% equity on Season 3, Episode 1; deal also included Pitbull as celebrity endorser
  • VIP nightlife access app
  • Deal did not close post-show
  • Company appears defunct

Last verified Apr 10, 2026.

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The EZVIP Shark Tank Pitch

Alashe Nelson of Miami, FL pitched EZVIP on Shark Tank Season 3, Episode 1, which aired Friday, January 20, 2012, asking for $150,000 for 15% of the company — a $1M valuation.

Mark Cuban and Daymond John teamed up and agreed to invest $150,000 for 30% equity, valuing the company at $500,000. The deal closed after the show.

Watch the Pitch

Pitch Details

Aired
S3E1Jan 20, 2012
Ask
$150,000for 15%
Ask Valuation
$1M

Deal Terms

Amount
$150,000
Equity
30%
Valuation
$500,000