Wine Balloon Shark Tank Update
Wine Accessories
What Happened to Wine Balloon After Shark Tank
Is Wine Balloon still in business? No — the company has shut down.
- On-air buyout deal of $400,000 for 100% with Mark Cuban and Lori Greiner; founder Eric Corti backed out before signing final paperwork
- Wine preservation balloon product for opened wine bottles
- Company subsequently rebranded as Air Cork and made a deal with Lifetime Brands
Last verified Apr 10, 2026.
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The Wine Balloon Shark Tank Pitch
Eric Corti of Mason, OH pitched Wine Balloon on Shark Tank Season 3, Episode 4, which aired Friday, February 10, 2012, asking for $40,000 for 30% of the company — a $133,333 valuation.
Mark Cuban and Lori Greiner teamed up and agreed to invest $400,000 for 100% equity, valuing the company at $400,000. The deal fell through after the show. Founder backed out before signing final paperwork.
Watch the Pitch
Pitch Details
- Aired
- S3E4Feb 10, 2012
- Ask
- $40,000for 30%
- Ask Valuation
- $133,333
Deal Terms
Terms agreed on air. The deal did not close.
- Amount
- $400,000
- Equity
- 100%
- Valuation
- $400,000
Mark Cuban
Lori Greiner