Talbott Teas Steeps Mr. Wonderful | Shark Tank Firsts | CNBC Prime

Mr. Wonderful has been a Shark Tank staple since the very beginning. In today's Shark Tank Firsts, we take a look back at his very first solo deal!
» Subscribe to CNBC Prime: cnb.cx/yt
» Find Your Local CNBC Channel: www.cnbc.com/channelfinder/
About CNBC Prime
An entertainment network with a programming slate that is an extension of CNBC’s distinct brand. The entertainment-focused block in primetime includes programs such as Shark Tank, The Profit, Jay Leno’s Garage, American Greed, No Retreat, Undercover Boss and Secret Lives of the Super Rich.
About Shark Tank
The Sharks are looking for the best products and businesses America has to offer. Hopeful entrepreneurs come to the Shark Tank seeking an investment to start, grow or save their businesses. If the Sharks hear a great idea, they’re ready to invest using their own money. And they’ll fight each other for a piece of the action. But first, the entrepreneur must convince a shark to invest the full amount they are asking for.
This Emmy Award-winning show has been the launching pad for some of the greatest products ever sold. The Sharks, Mark Cuban, Kevin O’Leary, Barbara Corcoran, Daymond John, Lori Greiner and Robert Herjavec (along with other celebrity guest sharks) have made deals with - or passed on - some amazing brands: The Squatty Potty, Simply Fit Board, Bombas Socks, The Ring Doorbell, Scrub Daddy and The Original Comfy - to name just a few.
Shark Tank celebrates entrepreneurs.
Connect with CNBC Prime Online
Visit CNBC Prime’s Website: cnb.cx/prime
Find CNBC Prime on Facebook: cnb.cx/fb
Follow CNBC Prime on Twitter: cnb.cx/tw
Follow CNBC Prime on Instagram: cnb.cx/insta
#cnbc #sharktank #mrwonderful
Talbott Teas Steeps Mr. Wonderful | Shark Tank Firsts | CNBC Prime

[@Dreama40]

Really surprised they didn't say let's be equal 1/3rd partners. Just shows you really need to weigh up all your negotiation options well before you go in the tank, then again Kevin has some skin in the game so he will make them rich.

[@X100Styles]

This idea wasn’t a common idea in the past (in the first seasons of shark tank), but then you watch shark tank for many years and you learn

[@turningpoint8814]

Glad it was an early show, 10 years later, change deals almost every episode

[@glenncurley680]

As soon as they started talking about Tea, I got up and made a cup of Moroccan Mint Tea
One of my favorites! Nothing like a hot cup of tea on a Cold Canadian Day!.

[@myriot123]

moroccan mint tea is the best

[@MikeFarnhamGalaxysEdgeGroup]

UPDATE - Nakisher and Talbott appeared on Shark Tank in February 2011, receiving an investment of $250,000 for a 35 percent stake in their company from Kevin O'Leary. Subsequently, Talbott Teas was purchased by Jamba Juice in 2012.

[@akshatsaxena2135]

for?

[@shaun8141]

@@akshatsaxena2135 Searched for the amount but can't get a figure 😂 Starbucks bought Refreshers for $30 Million around the same time period, so I'd guess $10/$15 Million

[@nickclark18]

They got sold for 13.15 million dollars. Cash. After taxes. So yeah I woulda sold too

[@keithrisse7076]

@@nickclark18 what a dream to do that lol

[@commanderkeen3787]

Kevin realized from the beginning that this was the exit strategy. Put in 250k, start negotiating with the big guys and eventually get one of them to buy you out for what they consider pocket change. He gets more than 10x return on his investment in only a few years

[@rohanseth9147]

Holy crap that is some low balling from Kevin

[@brendal1156]

Mr wonderful is more than a third of an owner now lol

[@Nitropig]

They didnt realize that i knew it right when he offered 35

[@EGarrett01]

It's now "O'Leary Teas."

[@zwoptf]

they still own majority tho so they can always overrule him still

[@Ophelia_Pain]

I wish they uploader wod get the dates right now this.

[@pinonXO]

Nice

[@Ophelia_Pain]

I've had there tea it was good

[@BhaktiSangeetSagar1]

Kevin knows how to do business! impressive deal.

[@dneuman7455]

Tea is good business but it'sa market that requires tasting to grow. It's a social experience as much as tasting health product.

[@dneuman7455]

$120k a year

[@mgt1429]

Tally-ho Teas, organically sourced by Dwarves.

[@officialJOY1229]

Coffee ☕️.
🫖 Tea.
🤔

[@user-qs1xh4ly4w]

Hey mate!👆Thanks for watching. Tell expert Andrei jikh that Jay Leno referred you for the right strategy on your new project to participate on it. Msg direct👆✍️
. .

[@jromerohoustone1024]

This was a good shark tank u rarely c the great white wonderful shark make a deal

[@momma8954]

100 mil in revenue. Uh nooo

[@vanillabadboy4469]

Shocked they weren't selling football equipment. Wonder where the joke is by this comment.

[@lordmarvel6014]

"Because im discipline" lol no you are just greedy

[@elizabethhurtado2829]

💸😘🍋

[@mymp3playerislost]

men

[@barbarahanley1566]

So full of bull!