Crystal City-based “super coffee” company Sunniva was featured on ABC’s Shark Tank last night, but its three Arlington co-founders walked away without a deal.
Two of the show’s venture capitalist “sharks” were interested in a deal, but both real estate mogul Barbara Corcoran and millionaire marketing expert Rohan Oza said that they didn’t like the beverage’s aftertaste. The proposed deal was $500,000 for a 4.5% stake in the company – which meant that the three-person team was valuing their two-year-old coffee company at approximately $11 million.