A Shark Tank bump doesn’t always last. Some companies that saw huge growth spikes after being on the show saw them contract just as quickly.
Sock startup Bombas got a boost in revenue the year after appearing on Shark Tank—and has only gone up from there, as its massive growth from 2017 to 2018 shows. It reached No. 175 on this year’s Inc. 500.
This company didn’t get a deal. But that didn’t matter: Since its appearance in season 4, its revenue growth of over 2,000 percent has made it the best performer Inc. measured that left the Tank empty-handed.
HOW WE TRACKED THE DEALS
Inc. gathered detailed data from more than 250 companies that appeared on the show’s first nine seasons, regardless of whether they were offered a deal. All data is derived from that sample. (Some companies chose to remain anonymous.) Of those businesses, the smallest one’s revenue will be around $1,000
this year; the largest expects its revenue to hit $100 million.
Reely Hooked Fish Co. landed a big gain. The seller of smoked fish dip went in the Tank in 2017. The year before, its revenue was $3,000. It projects revenue of $400,000 for 2018.