Potato Parcel - Shark Tank Update

gag gift delivery service of a message written on a potato

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Season 8, Episode 6 Founded by Riad Bekhit, Alex Craig In Business

Potato Parcel Details

Shark Tank Episode Details

Founders Riad Bekhit, Alex Craig
Air Date 2016-10-28
Season & Episode Season 8, Episode 6
Initial Ask $50K for 10.0% equity
Deal Details Got deal: $50K for 10.0% equity from Kevin O'Leary
Estimated Yearly Revenue $600-700k
Estimated Net Worth (4x estimated revenue) $2.6 million

The Shark Tank Pitch

Gag gift innovation emerged from a moment of viral internet inspiration when entrepreneurs Riad Bekhit and Alex Craig recognized the untapped potential in combining humor with personalized messaging, leading them to create Potato Parcel as the world's first service dedicated to delivering customized messages written directly on potatoes, transforming an ordinary vegetable into an extraordinary communication medium that would capture both customer imagination and market opportunity. Their brilliantly simple concept addressed the universal desire for unique, memorable gift-giving experiences while solving the challenge of standing out in an increasingly crowded digital marketplace where traditional greeting cards and messages had become mundane and forgettable, creating a viral-ready product that guaranteed recipients would remember both the message and the sender long after conventional gifts had been forgotten.

Seeking $50,000 for 10% equity and valuing their quirky company at $500,000, Riad and Alex entered the Tank with impressive early traction including over 12,000 potatoes sold and $213,000 in total sales, plus consistent monthly revenues of approximately $10,000 that demonstrated sustainable customer demand for their unconventional messaging service. The Potato Parcel ecosystem served multiple market segments simultaneously: pranksters seeking memorable ways to surprise friends, businesses looking for creative marketing tools, individuals celebrating special occasions with unique gifts, and anyone wanting to send anonymous messages that would generate maximum impact and social media sharing potential, while their $9.99-$14.99 pricing structure made personalized potato messaging accessible to a broad audience seeking affordable novelty experiences.

Where Are They Now?

The sharks' reception proved surprisingly competitive as they initially questioned the business model's sustainability but quickly recognized the viral marketing potential and consistent revenue generation, with Kevin O'Leary ultimately offering $50,000 for 10% equity plus a $1 royalty per potato until he recouped $150,000, while Robert Herjavec countered at $50,000 for 25% equity, leading to intense negotiations where the entrepreneurs strategically accepted Kevin's deal despite the higher royalty terms, recognizing his expertise in scaling quirky businesses and understanding the long-term value of his partnership over pure equity preservation. The post-Tank journey proved exceptionally successful as the deal with Kevin O'Leary successfully closed and generated immediate momentum, with the company achieving remarkable growth including feature appearances on Shark Tank's Greatest of All Time Special in February 2020, celebrity endorsements from NBA star Dirk Nowitzki receiving anonymous congratulatory potatoes, and expansion into complementary products like birthday bundles and glitter bombs that leveraged their viral brand recognition.

The company's strategic evolution demonstrated masterful understanding of novelty market dynamics as they scaled operations while maintaining product quality and customer experience, building a sustainable business model that proved resilient through changing market conditions and generated over $7 million in total sales by early 2020, while Riad successfully bought out Alex's interest for $40,000 before the episode aired, consolidating ownership and operational control. We found that Potato Parcel continues thriving with annual revenues between $600,000 and $700,000 as of 2024, proving that sometimes the most successful businesses emerge from the simplest concepts executed with creativity, persistence, and strategic partnership decisions that prioritize long-term growth over short-term equity preservation, while demonstrating how viral novelty products can evolve into sustainable enterprises when entrepreneurs understand their market and maintain consistent quality and innovation in their customer experience.

As of September 28, 2026, we found that Potato Parcel's official store lists personalized message and photo potatoes, birthday and anniversary bundles, and a free video-message option. The company says recipients receive a QR code inside their package that opens the sender's recorded video, giving the original potato-message concept a digital add-on.

Revenue

$600-700k

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