Postcard On The Run - Shark Tank Update

Postcard on the Run - Online Services

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Season 5, Episode 1 Founded by Josh Brooks Out of Business

Postcard On The Run Details

No Website
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Not on Amazon

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Shark Tank Episode Details

Founders Josh Brooks
Air Date 2013-09-20
Season & Episode Season 5, Episode 1
Initial Ask $300K for 5.0% equity
Deal Details Got deal: $300K for 7.5% equity from Robert Herjavec
Estimated Yearly Revenue N/A
Estimated Net Worth (4x estimated revenue) N/A

The Shark Tank Pitch

Postcard On The Run appeared on Shark Tank Season 5 as an innovative digital services company that developed a mobile application allowing users to create and send personalized postcards directly from their smartphones by simply taking a photo, adding text, and having physical postcards printed and mailed to recipients anywhere in the world. The business addressed the declining tradition of sending postcards while traveling by leveraging modern technology to make the process more convenient and accessible, targeting tourists, travelers, and anyone who wanted to share physical mementos without the hassle of finding post offices or buying stamps.

The entrepreneurs sought $300,000 for 5% equity, representing an ambitious $6 million valuation, with plans to monetize through per-postcard fees and potentially premium subscription services for frequent users. The service differentiated itself from digital messaging and social media by maintaining the tangible, physical aspect of traditional postcards that recipients could keep as lasting mementos, while eliminating the logistical challenges that had made postcard sending increasingly rare in the digital age.

The business model relied on partnerships with printing and mailing services to fulfill orders, allowing the company to focus on app development, user experience, and marketing while outsourcing the physical production and distribution aspects of the service. At the time of their Shark Tank appearance, the company was still in early stages with limited sales data, but the entrepreneurs believed they had identified a significant market opportunity in the intersection of travel, technology, and nostalgia marketing that could appeal to both younger tech-savvy consumers and older demographics who valued traditional communication methods.

Where Are They Now?

Postcard On The Run successfully secured investment on Shark Tank when Robert Herjavec offered $300,000 for 7.5% equity, recognizing the potential in the company's technology platform and the emotional appeal of maintaining physical postcard traditions in an increasingly digital world. The partnership with Herjavec initially provided the capital and business expertise needed to develop the app further, expand the printing and mailing infrastructure, and build marketing campaigns to attract users who valued the convenience of digital creation combined with physical delivery.

However, despite securing investment and having a solid concept that addressed a real market need, Postcard On The Run ultimately struggled to achieve sustainable growth in a market where digital communication increasingly dominated consumer preferences and behaviors. The business faced significant challenges including high operational costs associated with printing and mailing services, difficulty achieving the scale necessary to make per-unit economics profitable, and competition from both traditional postcard companies and digital alternatives that offered similar emotional value without physical constraints.

The company also encountered challenges with customer acquisition costs and retention, as the novelty of the service didn't translate into regular usage patterns that could support a sustainable business model, particularly given the relatively infrequent nature of travel and special occasions that typically drive postcard sending. By the mid-2010s, Postcard On The Run had ceased operations and gone out of business, unable to overcome the fundamental market forces that had been driving the decline of physical postcard sending long before their technological solution was introduced.

As of 2024, the company remains permanently closed, representing another example of how even innovative technology solutions cannot always revive declining market segments, particularly when consumer behavior shifts have been driven by deeper cultural and technological changes rather than just convenience factors.

Revenue

N/A

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