Talbott Teas Shark Tank Update

Specialty Food

DealNow:AcquiredFood & BeverageSeason 3, Episode 5Emeryville, CAby Steve Nakisher and Shane TalbottWebsite

What Happened to Talbott Teas After Shark Tank

Is Talbott Teas still in business? It was acquired.

Acquired by Jamba Juice for an undisclosed amount in 2012

$5M

estimated annual revenue

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

Last verified Apr 10, 2026.

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The Talbott Teas Shark Tank Pitch

Steve Nakisher and Shane Talbott of Emeryville, CA pitched Talbott Teas on Shark Tank Season 3, Episode 5, which aired Friday, February 17, 2012, asking for $250,000 for 20% of the company — a $1.3M valuation.

Kevin O'Leary agreed to invest $250,000 for 35% equity, valuing the company at $714,286. The deal closed after the show.

Watch the Pitch

Pitch Details

Aired: S3E5Feb 17, 2012
Ask: $250,000for 20%
Ask Valuation: $1.3M

Deal Terms

Amount: $250,000
Equity: 35%
Valuation: $714,286