![]() ![]() Backers still haven’t received their refunds.įor more company updates from Season 8 Episode 21, check here:ĭon’t forget to check out our other Season 8 company updates on our Season 8 products page. To make matters worse, Flag had to raise another $300,000 on another Kickstarter campaign to keep the business a float.įlag eventually went offline in April 2017 and hasn’t been heard from since. In doing our research for our Flag update, we found that it is no longer available on the iOS app store. Guest shark Chris Sacca was the last to bow out, echoing Mark’s thoughts that so many things can go wrong with how they do their business.Īfter the sharks decided that they couldn’t get their investments back, let’s talk about what happened to the company in our Flag update. ![]() The same went for Mark Cuban, who just couldn’t convince himself to take the plunge. Lori Greiner followed after, expressing her concerns about the free offering and advertising. The sharks weren’t happy when they found out that the company was still raising money outside of Shark Tank.īecause of this revelation, Barbara Corcoran and Kevin took their respective leaves. However, according to the founders, the additional investment they hope to secure will help them move production of the photos in-house. At the same time, the technology wasn’t proprietary, which was another red flag. Kevin O’Leary was the first to pry into their business, asking the owners why others in the industry wouldn’t just use the same model. Featured on SharkTank GrooveBook is an app that allows you to print 100 pictures per month for just 2.99. But, much to their surprise, this wasn’t the case. photo only I love love love this new app. ![]() Savannah and Samuel entered the Shark Tank thinking that their success after raising $1.6 million would be more than enough to wow the sharks. Users also have to pay to download the app. Entrepreneur: Savannah Cowley and Samuel Agboolaįlag is a limited free photo printing service that makes money from purchases beyond the additional free printed photos.We’ll satisfy your curiosity about what happened after and why they didn’t get a deal in our Flag update. Unfortunately, the two failed to secure a deal. They asked for $375,000 in exchange for 5% equity during Shark Tank Season 8. Flag Photo’s founders, Savannah Cowley and Samuel Agboola, hoped to reel in an investor for their free photo printing service. ![]()
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