Talbott Teas

Talbott Teas - Specialty Food

Talbott TeasDealFood & BeverageWebsiteEmeryville, CAby Steve Nakisher and Shane TalbottS3E5

Pitch Details

Season / Episode

S3E5

Feb 17, 2012

Ask

$250,000

for 20%

Ask Valuation

$1.3M

Deal

$250,000

for 35%

Watch the Pitch

Deal Terms

Amount$250,000
Equity35%
Valuation$714,286
Kevin O'LearyKevin O'Leary

What Happened Next

Acquired

Acquired by Jamba Juice for an undisclosed amount in 2012

$5M

estimated

  • Deal with Kevin O'Leary for $250,000 for 35% equity on Season 3
  • Premium loose-leaf tea brand
  • Acquired by Jamba Juice in February 2012
  • Teas were sold through Jamba Juice locations nationwide

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