3 brothers used this deck to pitch their healthy energy drink on 'Shark Tank.' 8 months later, the company was worth $50 million

The episode aired in February 2018. Today, Kitu Life is valued at $50 million.was born just over three years ago, in Jordan DeCicco's college dorm room.

DeCicco was a basketball player looking for a more nutritious alternative to energy drinks. His older brothers, Jim and Jake, had also been college athletes and could feel his pain.: a bottled coffee drink made with Colombian coffee, lactose-free protein, and MCT oil from coconuts.In February 2018, the founders' appearance on"Shark Tank" aired on national TV.

The company brought in over $1 million in revenue in 2018. In November of that year, after closing their Series A round, they were valued at about $50 million. Kitu Life products — which include Super Coffee and Super Creamer — are sold in Wegmans, Whole Foods, and Fairway. On"Shark Tank" and in subsequent pitch meetings, the Kitu Life founders used a 23-slide pitch deck that covers their back story, what makes them special, and their financials.

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Fonte: CNBC - 🏆 12. / 72 Leggi di più »