Capitalism.com with Ryan Daniel Moran

← Capitalism.com with Ryan Daniel Moran23 sep · 26 min

Shark Tank Valued Kodiak Cakes at $1.5M. Then It Sold for $800M

Shark Tank Valued Kodiak Cakes at $1.5M. Then It Sold for $800M23 sep26 min

Get the free playbook, trainings, and AI tool that builds your plan to 100K a month:

► The free 100K playbook: https://capitalism.com/100K

Kodiak Cakes asked Shark Tank for a $5 million valuation, got told they were a commodity, and walked out with no deal. 7 years later private equity paid a reported $800 million for control of the company. I break down what they actually did in between, then I sit down with Amanda, who is launching a high-protein pancake mix from scratch and is afraid of the exact objection the Sharks made, and we run that same playbook on a 2-year timeline instead of a 20-year one.

Resources mentioned in this episode:

► The free 100K playbook: https://capitalism.com/100K

► Amanda's brand, Solea Bakes: https://eatsolea.co/

► Amanda Carneiro on Instagram: https://www.instagram.com/rawfitnessandnutrition

(0:00) Kodiak Cakes asked for a $5 million valuation on Shark Tank and got nothing

(0:43) The 20-year version of this playbook now takes closer to 2 years

(1:32) They started in Utah ski shops, before Amazon, Instagram or TikTok Shop

(2:07) The Clif Bar parallel: niche local retail first, hundreds of millions later

(2:45) Nearly 10 years to any real distribution, stuck between $1 and $4 million