What Happened To The Painted Pretzel After Shark Tank?

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Raven Thomas appeared on “Shark Tank” in February 2012 to pitch her business The Painted Pretzel, asking for a $100,000 investment for 25% equity in the company (via Shark Tank Blog), but not much could have prepared her for the scrutiny the Sharks put Thomas and The Painted Pretzel through. Shark Kevin O’Leary didn’t think the business was very original and that Thomas’ pretzel recipes could be easily replicated by anybody. Thomas chimed in that other pretzel makers “can’t do it like [her],” and Shark Mark Cuban agreed, stating, “You put your heart, your soul, and your love into it and you care about the business” (via YouTube).

Cuban agreed to invest the $100,000 in The Painted Pretzel in exchange for 25% of the company, voicing interest in selling the product at Dallas Mavericks games — he’s the team owner — and at Landmark movie theaters, which he also owns. “She (Thomas) is hard working and has a great product. I thought that with some help, the product line would have great leverage,” Cuban told Food Republic.

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