Like Air is a family-owned brand specializing in unique puffed corn snacks that made a splash on Season 14 of Shark Tank. Founded by siblings Steve Atieh, Allison Lin and Kevin Atieh, the company has experienced strong growth thanks to the power of the show. Company inks deal with Mark Cuban and Lori Greiner! Currently, Like Air is valued at approximately $4 million.
born like air
Like Air launched in New York City in 2020 with a mission to transform the snacking experience. The founders created a product that stood out in a crowded snack market. Their signature Puff Corn is a light, airy snack that melts in your mouth and contains only 50 calories per cup. Like Air's Puff Corn is made from non-GMO corn and contains no major allergens, making it a guilt-free treat for all ages.
Shark Tank Experience
The Like Air team presented their product to Sharks with great enthusiasm and needed to raise funds to expand operations. The trio asked for $300,000 for a 3.5% stake, valuing the company at $8.6 million! Their sales were strong, but their profits came from movies.
Mail Shark Tank
Following the airing of Shark Tank, the founders had a busy weekend fulfilling orders after the episode aired. Pipcorn appeared on Shark Tank in 2014 and received 7,000 orders in 24 hours, a number that Like Air should easily beat as the show now has a much larger audience. Unless Like Air fails due diligence, the deal with Lori and Mark should be completed within the next three months.
Like Air's revenue stream comes from partnerships with companies like Sam's Club. The product is sold in retail stores including Kroger, Meijer and Wegmans. On the website, a pack of 20 usually costs $24.99, but the price recently dropped to $19.99.
Customer reviews are mostly positive, with many praising the puffs' unique texture and flavor. The health benefits of this snack combined with its delicious taste make it a popular choice. On Amazon, Like Air Puffcorn (pancakes) has a 4.3 rating out of 1,227 customer reviews. Some negative reviews highlighted that it was outdated and that it arrived open.
The global popcorn market is expected to be worth US$5.2 billion in 2021, so Like Air only needs to occupy a small part of the market! Like Air has successfully found its niche by offering a healthier, allergen-free alternative to traditional popcorn,
Today, Like Air continues to thrive and has plans to expand its reach and reach. As Like Air continues to move forward, it remains committed to its mission of providing better-for-you snack options without compromising on taste. Hopefully the business can continue to be a success story like Pipcorn.
Categories: Shark Tank
Source: svlsf.edu.vn