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Did Mark Cuban Invest in Wanna Date?
Those who are serious about making beneficial changes to their lifestyle may find that cutting back on sugar is the best place to begin. Wanna Date, a vegan date spread, can help with this. Melissa Bartow won a contract from Shark Tank investor Mark Cuban after pitching her company on the show.
About the Founder
Melissa Bartow is a native of Kennesaw, Georgia. Upon completing high school, she abruptly relocated to New York City to begin her undergraduate studies. She studied business at New York University and earned a degree there.
But Melissa does not like to talk about her childhood. Her early life and family history, as well as her formal schooling, are not known to the general public.
She got her start as a magazine photographer and brand representative. Later, she found work at a health food store and stayed there for a while before going into business for herself.
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Establishing the Company
Melissa was disheartened to learn, during her time spent working at a grocery store, that the acai bowls on the menu included more than 15 grams of sugar. She had hoped that by using acai berries, she could make a raw, all-natural sugar substitute.
She eventually tried her hand at experimenting after picturing a nut butter made from dates. At 2017, the first batch of Wanna Date was made in the founder’s college dorm room. Five distinct kinds of this vegan-friendly spread are available.
Compared to conventional gluten-free spreads like jams and nut butter, Wanna Date held its own as a viable option. Because of its low-calorie count (30 per serving), it quickly replaced table sugar as the go-to solution for satisfying sweet tooth pangs.
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Shark Tank Appearance
The Wanna Date creator appeared on season 11 of Shark Tank and asked for $100,000 in exchange for 20% of the firm. There was some tension after she distributed her samples.
Daymond John, who had recently returned to the show, made the observation that the absence of market research could eventually hurt the product’s profits. Barbara was also unhappy that her father was helping the businessman relocate to New York at her expense. Mark Cuban stood up and offered to contribute $100,000, but for 33% after other investors had bowed out.
Mark isn’t a strict vegan, but he is a vegetarian, and he sees potential in this product. He also suggested that Melissa reduce the size of the packaging and lower the price. She said yes, and the agreement was finalized.
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Net Worth
The dates in Wanna Date, a nut butter spread, make it one of the healthiest products we’re aware of. A date is a surefire way to boost your mood and energize you. Use it in place of sugar, as it works just as well. Every time you use Wanna Date, you’ll only be adding 30 calories to your diet. In the neighborhood of $4 million is how much WannaDate is estimated to be worth according to many sources available on the internet.
Frequently Asked Questions
Did Mark Cuban Invest in Wanna Date?
Melissa went on the program looking for a $100,000 investment in exchange for a 20% stake in her company, Wanna Date. Mark Cuban invested $100,000 for 33% equity and suggested improvements to the business’s operations.
How Has Wanna Date Done Since Shark Tank?
Look at the latest information in our Shark Tank Wanna Date article. Right now, Wanna Date is on the rise. Sales have gone up despite the slow rate of expansion. Melissa had an avalanche of orders after the show aired, all of which she was able to fulfill thanks to Mark’s arrangement.
Summary
Melissa Bartow won a contract from Shark Tank investor Mark Cuban after pitching her company on the show. Five distinct kinds of this vegan-friendly spread are available. Compared to conventional gluten-free spreads like jams and nut butter, Wanna Date held its own as a viable option.
$4 million is how much WannaDate is estimated to be worth. Mark Cuban invested $100,000 for 33% equity and suggested improvements to the business’s operations. Sales of Wanna Date have gone up despite the slow rate of expansion so far.
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