fbpx

What happened to Dirty Cookie after Shark Tank?

If you’ve ever wondered what happened to Dirty Cookie after their stint on Shark Tank, you’re in for a treat! From launching a cookie revolution shaped like shot glasses to facing the scrutiny of the Sharks, Dirty Cookie’s story is as sweet as its creations.

Join us on a delicious ride as we uncover the twists and turns and all the other things that happened to Dirty Cookie after Shark Tank. The journey involves surprising offers, unexpected partnerships, and a commitment to spreading sweetness far and wide.

Get ready for a simple yet delightful exploration of how Dirty Cookie not only survived but thrived in the world of cookies and creativity. It’s time to lift the lid on what keeps Dirty Cookie at the forefront of the dessert game!

What is Dirty Cookie?

Dirty Cookie is a unique dessert brand that redefines the classic cookie experience. The company gained attention for its inventive cookie shots—cookies shaped like shot glasses designed to hold liquids like milk or liqueur.

These edible shot glasses come in flavors like chocolate chip, double chocolate, churro, and red velvet, with vegan and gluten-free options available. The company also expanded its offerings to include stuffed cookies with delicious fillings like white chocolate cookie butter, red velvet cheesecake, and peanut butter and jelly.

What is Dirty Cookie

One standout aspect is the DIY cookie shot decorating kits, allowing customers to personalize their treats with edible decorations, sprinkles, and chocolate wafers.

Operating exclusively online, Dirty Cookie gained significant exposure after appearing on “Shark Tank.” The brand remains a go-to for those seeking innovative, customizable, and indulgent desserts.

From weddings to birthdays, the cookies cater to various occasions, showcasing their versatility and appeal.

Additionally, Dirty Cookie is committed to giving back through their “Shot for Education” program, contributing a portion of each sale to education-based nonprofits for children in need.

Company Name Dirty Cookie
Website https://www.thedirtycookieoc.com/ 
Episode Season 13, Episode 19
Founded In 2015
Founder Shahira Marei
Required Investment $500,000 for a 5% equity stake
Closing Deal $500,000 for 25% equity stake
Will drop to 15% if sales exceed $5 million the following year
Shark Robert Herjavec
Current Business Status In business

Who is the founder of Dirty Cookie?

Dirty Cookie was founded by Shahira Marei in 2015. Marei, formerly an aerospace project manager at Boeing, transitioned into the world of desserts, introducing a groundbreaking concept—cookies shaped like shot glasses. 

These unique treats are designed to hold liquids, offering a novel twist to the classic cookie experience. Shahira Marei’s entrepreneurial journey and innovative approach have played a pivotal role in establishing Dirty Cookie as a standout player in the dessert industry.

How does Dirty Cookie work?

Dirty Cookie works by crafting innovative cookies shaped like shot glasses. These unique treats are designed to hold liquids, such as milk or liqueur, providing a creative and delicious spin on the traditional cookie experience.

The process involves baking these cookie shots in various flavors, including chocolate chip, double chocolate, churro, and red velvet. For those with dietary preferences, there are vegan and gluten-free options available.

How does Dirty Cookie work

Customers can also elevate their experience with DIY cookie shot decorating kits, allowing them to add personal touches with edible decorations, sprinkles, and chocolate wafers.

Operating exclusively online, Dirty Cookie ensures that each order is baked fresh and promptly shipped, guaranteeing the arrival of soft and chewy cookie shots.

The company has also expanded its offerings to include stuffed cookies with enticing fillings like white chocolate cookie butter, red velvet cheesecake, and peanut butter and jelly.

Dirty Cookie before Shark Tank

Before hitting the Shark Tank stage, Dirty Cookie was the brainchild of entrepreneur Shahira Marei, who transitioned from a successful career as an aerospace project manager at Boeing to the world of desserts.

Inspired by a Pinterest idea, Marei’s initial product aimed to redefine the classic milk and cookie pairing by creating shot glasses made of cookies. To bring her vision to life, she enlisted the help of a fellow Boeing engineering colleague to design a specialized mold for shaping the cookies.

By 2018, Dirty Cookie had achieved $300,000 in sales, showcasing the initial success of its unique offerings. However, the company faced challenges as each cookie shot glass was handmade, leading to high production costs.

The turning point came in 2020 when Dirty Cookie experienced a significant boost in sales, reaching $1.27 million. This surge was attributed to increased demand during the COVID-19 pandemic. The high demand, combined with the handmade production process, prompted Marei to seek assistance from the Sharks on Shark Tank.

Dirty Cookie’s Pitch in the Shark Tank

During the Shark Tank pitch, Dirty Cookie founder Shahira Marei sought a $500,000 investment for a 5% equity stake in her company. She presented the unique concept of cookies shaped like shot glasses designed to hold liquids like milk or liqueur, offering a creative twist on the classic cookie experience.

Marei highlighted Dirty Cookie’s financial growth, sharing that by 2018, the company had achieved $300,000 in sales, and two years later, sales skyrocketed to $1.27 million. However, she emphasized the challenge of high production costs due to the handmade nature of each cookie shot glass.

The Sharks were visibly astounded by Marei’s request, given the substantial valuation for a small equity stake. Mark Cuban and Kevin O’Leary dropped out early, citing concerns about market competition and the perceived profitability of the concept as a hobby. ‘

Daymond John and Robert Herjavec followed suit, expressing reservations about profit margins and business flaws.

Ultimately, Lori Greiner recognized Marei as a “true entrepreneur” and made an offer—a $250,000 loan at 8% interest, along with an additional $250,000 for a 25% equity share.

Robert Herjavec re-entered the negotiations, offering the full $500,000 for a 30% stake, with the possibility of reducing it to 15% if Dirty Cookie reached an aggressive sales goal of $6 million the following year. Greiner matched this offer along with the condition proposed by Robert.

Shahira countered Robert to lower the equity to 20%. Robert Herjavec renegotiated asking for 25% equity in the company, which would drop to 15% if Shahira managed to amass $5 million in sales in the following year. Shahira accepted the offer and closed the deal.

Key Details of the Pitch

  • Founder’s Request: Shahira Marei sought $500,000 for a 5% equity stake in Dirty Cookie.
  • Unique Concept: Dirty Cookie presented cookies shaped like shot glasses designed to hold liquids, providing a creative twist on the traditional cookie.
  • Financial Growth: By 2018, the company achieved $300,000 in sales, with a significant jump to $1.27 million in 2020.
  • Production Challenge: High production costs were highlighted due to the handmade nature of each cookie shot glass.
  • Sharks’ Concerns: Mark Cuban and Kevin O’Leary expressed worries about market competition and perceived profitability as a hobby.
  • More Concerns: Daymond John and Robert Herjavec raised reservations about profit margins and potential business flaws.
  • Lori Greiner’s Offer: Recognizing Marei as a “true entrepreneur,” Greiner offered a $250,000 loan at 8% interest and an additional $250,000 for a 25% equity share.
  • Herjavec’s Counter-Offer: Robert Herjavec re-entered with a $500,000 offer for a 30% stake, with potential reduction to 15% based on meeting aggressive sales goals.
  • Greiner’s Match: Lori Greiner matched Herjavec’s offer.
  • Acceptance: There was a sight negotiation in Robert Herjavec’s offers and Shahira Marei excitedly accepted the updated offer.

What Happened to Dirty Cookie after Shark Tank?

Following Dirty Cookie’s stint on Shark Tank, the brand experienced a substantial boost in exposure and success. 

Post-Shark Tank, Dirty Cookie saw exponential growth, garnering attention from various television shows and news outlets. The brand’s unique offerings, particularly the cookie shots, captured the interest of a wider audience, propelling it into the limelight.

Expanding beyond its signature cookie shots, Dirty Cookie introduced stuffed cookies with enticing fillings, diversifying its product line. This strategic move allowed the brand to cater to a broader customer base and enhance its market presence.

In late 2021, Dirty Cookie took a bold step by opening a retail shop in Cairo, Egypt. This expansion showcased the brand’s global ambitions and provided a physical space for customers to indulge in cookie shots, coffee, ice cream, and other delectable desserts.

Despite its online exclusivity, Dirty Cookie maintains a robust digital presence. Social media platforms serve as a key marketing tool, featuring decorating ideas, occasion-based promotions, and customer celebrations with Dirty Cookie products.

In addition to its retail endeavors, Dirty Cookie has engaged in collaborations, notably partnering with Nuts ‘N More, another company featured on Shark Tank. This collaboration underscores the brand’s growth and its ability to network within the entrepreneurial community.

Founder Shahira Marei remains committed to charitable initiatives. The “Shot for Education” program, initiated by Dirty Cookie, aligns with Marei’s goal of giving back. The program partners with education-based nonprofits, contributing a portion of each sale to support children in need.

To cater to diverse dietary preferences, Dirty Cookie expanded its offerings to include vegan and gluten-free options. This inclusive approach ensures a wider range of customers can enjoy the brand’s innovative and customizable treats.

In the business-to-business realm, Dirty Cookie offers wholesale orders, allowing businesses to carry its unique cookie products. This strategic move enhances the brand’s market reach and solidifies its position in the competitive dessert industry.

More Shark Tank Stories

Related Articles

Ads Blocker Image Powered by Code Help Pro

Ads Blocker Detected!!!

Adverts help keep our content free. But we have detected that you are using extensions to block ads. Please support us by allowing ads for your visit. Thank you!

Powered By
Best Wordpress Adblock Detecting Plugin | CHP Adblock