Beer Blizzard Shark Tank Founder, Net Worth and Investment

Are you tired of your beer getting warm before you can finish it? Look no further than Beer Blizzard, the innovative drink cooling device that keeps your beer cold for over 20 minutes. This Shark Tank product was founded by Tom Osborne and Mike Robb, who pitched their beer cooler on the show in hopes of securing investment and expanding their company’s reach.

Beer Blizzard Shark Tank

Beer Blizzard is a plastic disc that can be frozen and placed in the bottom of your beer can or bottle. It cools your drink without diluting it, allowing you to savor every sip. With its unique design and functionality, Beer Blizzard quickly gained popularity among beer lovers as a must-have beer accessory and storage solution.

During their Shark Tank pitch, Tom and Mike sought a $100,000 investment for 20% equity in their company, which was valued at $500,000. Although they received an offer from Mark Cuban, the deal eventually fell through, and the net worth of Beer Blizzard remains unknown as the company ceased operations in 2018.

Key Takeaways:

  • Beer Blizzard is a drink cooling device that keeps beer cold for over 20 minutes.
  • Founded by Tom Osborne and Mike Robb, it was pitched on Shark Tank.
  • The founders sought a $100,000 investment for 20% equity in their company.
  • Mark Cuban made an offer, but the deal fell through, and Beer Blizzard ceased operations in 2018.
  • Despite the closure, Beer Blizzard’s legacy lives on in similar beer-cooling products in the market.

The Story Behind Beer Blizzard

Beer Blizzard was founded by Tom Osborne and Mike Robb. Tom, with a background in the food industry and experience as an executive in quality assurance, joined forces with Mike, a lawyer based in Pittsburgh, to bring their innovative idea to life. The concept for Beer Blizzard came about during a reunion and gathering at Tom’s hunting and fishing lodge in West Virginia, aptly named the Redneck Reunion.

During a hot afternoon of target shooting, Mike decided to experiment with a simple yet effective solution to keep his beer cold. He added ice to the bottom of a koozie, a popular beer cooler, and found that it significantly enhanced the cooling effect. This inspired the founders to create a practical and user-friendly cooling device specifically designed for beer.

With their combined expertise and passion for creating a better beer-drinking experience, Tom and Mike successfully funded Beer Blizzard through a Kickstarter campaign in 2014. The campaign raised a total of $43,574, showcasing the demand and interest in their innovative product.

Beer Blizzard is a curved plastic disk that contains a re-freezable substance similar to blue ice blocks. Its unique design allows it to fit perfectly inside a standard beer can or bottle. The founders designed it to be versatile, allowing users to use it as a coaster or place it inside a koozie to keep their drinks cold. With Beer Blizzard, beer enthusiasts can enjoy perfectly chilled beverages, even on the hottest summer days.

Beer Blizzard Shark Tank Pitch

During their Shark Tank pitch, the founders of Beer Blizzard presented their innovative product to the panel of sharks. Seeking a $100,000 investment, the founders offered 20% equity in their company, which was valued at $500,000. The Beer Blizzard product received positive feedback during the pitch, with Lori Greiner expressing interest in its effectiveness and independent laboratory testing.

“I like the concept of Beer Blizzard. It’s a simple yet effective solution for keeping drinks cold. I can see the potential for this product in the market.” – Lori Greiner

Both Mark Cuban and Lori Greiner were interested in investing, and they made competing offers. Mark offered $100,000 for 25% equity, while Lori made a matching offer of $100,000 for 20% equity. Ultimately, the founders accepted Mark Cuban’s offer due to Mike’s admiration for him. However, despite the initial excitement and the deal being accepted, the agreement with Mark Cuban fell through, and the Beer Blizzard company eventually went out of business in 2018.

Although the investment offer from Mark Cuban did not pan out, the founders of Beer Blizzard were able to showcase the value of their company and their innovative product to the panel of sharks and the millions of viewers watching the show.

Beer Blizzard Shark Tank pitch

Stay tuned for the next section to learn more about the retail success and expansion of Beer Blizzard following their appearance on Shark Tank.

Retail Success and Expansion

After their appearance on Shark Tank, Beer Blizzard experienced a tremendous boost in retail success. The company secured lucrative deals with major retailers, making their product widely available to consumers across the United States. Beer Blizzard can be found in popular retail stores such as Bed Bath & Beyond, Target, Walmart, and Amazon.

The availability of Beer Blizzard in these well-known retailers gave customers the convenience of purchasing the product both in-store and online. Whether shoppers preferred the traditional retail experience or the ease of online shopping, Beer Blizzard was accessible to all.

Beer Blizzard’s collaboration with Bed Bath & Beyond, Target, Walmart, and Amazon not only increased its visibility but also played a significant role in the product’s widespread recognition. As a result of these partnerships, Beer Blizzard gained a loyal customer base and established its presence in the beverage accessory market.

However, despite its initial success in the retail sector, Beer Blizzard faced a setback in its expansion plans. The company had been in negotiations for a license agreement with renowned NASCAR driver Dale Earnhardt Jr. Unfortunately, the deal fell through, leading to challenging circumstances for Beer Blizzard.

Nevertheless, due to its remarkable partnership with major retailers, Beer Blizzard enjoyed a period of growth and popularity, making its mark in the beer accessory market.

Beer Blizzard retailers

Net Worth of Beer Blizzard

During the Shark Tank pitch, Beer Blizzard was valued at $500,000. However, since the company ceased operations in 2018, the current net worth of Beer Blizzard is unknown.

Beer Blizzard Updates

As of 2023, the current status of Beer Blizzard is unfortunate. The company has gone out of business, and its store is permanently shut down. This means that the Beer Blizzard product is no longer available for purchase.

Despite its initial success and popularity, Beer Blizzard has ceased operations, and fans of the product may no longer have access to it or any related merchandise. The company’s website and social media accounts have been deleted, further indicating its closure.

This turn of events has left many beer enthusiasts disappointed, as Beer Blizzard was known for its innovative design and ability to keep drinks cold for extended periods of time. Unfortunately, the product’s availability is now limited to existing stock in various retail stores and online marketplaces.

For those who were hoping to enjoy the cooling benefits of Beer Blizzard, alternative options may need to be explored. With the closure of the Beer Blizzard store, consumers are encouraged to explore other beer accessories and cooling devices that are currently on the market.

Despite the closing of Beer Blizzard, the legacy of this innovative product continues to inspire other beer-cooling solutions. It has paved the way for similar inventions and encouraged further advancements in the world of beverage cooling technology.

Beer Blizzard Updates

Alternative Beer Cooling Devices

While Beer Blizzard is no longer available, there are other beer cooling devices that can help keep your drinks refreshingly cold. Here are some popular options:

DeviceFeaturesPrice Range
Beer Chill SticksStainless steel sticks that are frozen and placed in beer bottles to maintain cold temperature$10 – $20
Beer Cooling CoastersCoasters with built-in cooling gel that keep beer cans or bottles cold$15 – $25
Beer Cooling TowelsMoisture-activated towels that lower the temperature of beer bottles when wrapped around them$8 – $15

These alternatives offer beer enthusiasts the chance to enjoy a cold beverage without compromising on taste or quality. While they may not be exactly like Beer Blizzard, they provide effective cooling solutions that can enhance your drinking experience.

The Concept and Function of Beer Blizzard

Beer Blizzard is a revolutionary beer cooling device designed to keep your beverages icy cold for extended periods of time. This innovative concept utilizes a hydra-gel cube, encased in a plastic disc, to provide the perfect cooling solution for beer enthusiasts.

The hydra-gel cube inside the Beer Blizzard freezes faster and stays frozen longer compared to traditional ice cubes. Its irregular shape maximizes contact with the liquid, ensuring rapid cooling and maintaining the ideal temperature.

To use Beer Blizzard, simply place the disc at the bottom of your beer can or bottle. The cube of hydra-gel then cools the drink from the bottom up, ensuring that every sip is refreshingly cold. By keeping the beverage cool for extended periods, it enhances the drinking experience, particularly during hot summer days or outdoor gatherings.

One of the advantages of Beer Blizzard is its versatile design. It fits snugly inside a standard beer can, and can also be used with beer bottles or placed inside a koozie to further enhance the cooling effect. The hydra-gel cube can be reused multiple times without diluting the beverage, providing long-lasting cooling power.

How Beer Blizzard Works

Beer Blizzard operates on a simple principle: the hydra-gel cube’s ability to absorb and retain cold temperatures. The cube is made from a specialized substance that freezes easily and has exceptional thermal properties.

When placed in the freezer, the cube absorbs the cold air, transforming into a solid, frozen state. Once inserted into a drink, it gradually releases the cold energy, keeping the beer chilled for an extended period of time.

“Beer Blizzard is a game changer when it comes to enjoying a cold beer. Its unique design and hydra-gel cooling technology provide a convenient and effective way to keep your beverage deliciously icy, sip after sip.”

Whether you’re hosting a backyard barbecue, enjoying a beach day, or simply relaxing at home, Beer Blizzard ensures that your beer remains cold and refreshing until the last drop.

Beer Blizzard Concept

Advantages of Beer Blizzard:Traditional Ice Cubes:
  • Freezes faster
  • Remains frozen longer
  • Does not dilute the beverage
  • Can be reused multiple times
  • May take longer to freeze
  • Melts quickly
  • Dilutes the beverage
  • Requires constant replenishment

The Legacy of Beer Blizzard

Despite Beer Blizzard ceasing operations, the concept of using a hydra-gel cube to cool beverages has gained popularity. Similar products inspired by Beer Blizzard are still available on the market, offering beer lovers and enthusiasts a way to keep their drinks cold for longer periods of time.

Beer-cooling hydra-gel products have become a staple in the beverage industry, providing a convenient solution for maintaining the perfect temperature of your favorite brew. These innovative products utilize advanced cooling technology to keep your drinks frosty and refreshing.

Similar Products to Beer Blizzard

If you’re looking for an alternative to Beer Blizzard, check out these similar products:

  • Chill Puck: Just like Beer Blizzard, Chill Puck is a reusable beverage cooler that keeps your drinks icy cold. Made from BPA-free materials, this compact device fits into the bottom of your can or bottle, providing hours of refreshing chill.
  • Freeze Cooling Pint Glasses: These pint glasses are designed with a special gel that cools your drink without the need for ice. Simply place them in the freezer prior to use, and they’ll keep your beer cold for extended periods.
  • Frost Boss: This handheld beer chiller is perfect for those on-the-go. Just freeze the device, attach it to your beer, and let it work its magic. The Frost Boss uses a combination of thermal transfer and insulation to keep your beverage icy cold.
  • Cooler Cannon: The Cooler Cannon is a beer-cooling device that shoots a freezing cold gel into your drink, instantly chilling it to perfection. It’s a fun and innovative way to cool down your favorite beverage.

“These beer-cooling hydra-gel products bring convenience and enjoyment to beer enthusiasts, allowing them to savor a cold and refreshing brew anytime, anywhere.” – Expert in Beverage Innovation

The legacy of Beer Blizzard lives on through these similar products, offering beer lovers a range of options to enhance their drinking experience. Whether you’re enjoying a barbecue, watching a game, or simply unwinding after a long day, these beer-cooling hydra-gel products ensure that your drinks stay chilled and satisfying till the last drop.

<!– INSERT THE IMAGE HERE: Legacy of Beer Blizzard –>

The Founders of Beer Blizzard

The founders of Beer Blizzard, Tom Osborne and Mike Robb, are the creative minds behind this innovative beverage accessory. Tom, with his background in the food industry and experience as an executive in quality assurance, brings a wealth of knowledge to the development of Beer Blizzard. Mike, a lawyer based in Pittsburgh, complements the team with his legal expertise.

The idea for Beer Blizzard was born during a reunion at Tom’s hunting and fishing lodge, aptly named the Redneck Reunion. It was there that Tom and Mike experimented with keeping their beers cool on a hot afternoon of target shooting. They came up with the concept of a plastic disc that could be frozen and placed in the bottom of a can or bottle to keep the drink ice-cold for over 20 minutes.

Driven by their passion for creating a practical and effective solution for keeping beverages cold, Tom and Mike launched a successful Kickstarter campaign in 2014. The campaign allowed them to bring their vision to life and introduce Beer Blizzard to the world.

“We wanted to create a product that would enhance the beer-drinking experience and provide a simple and convenient way to keep beverages cold,”

says Tom Osborne, co-founder of Beer Blizzard.

The founders’ journey didn’t stop there. They saw an opportunity to gain national recognition and funding by appearing on the popular TV show Shark Tank. This platform allowed them to showcase Beer Blizzard to a wide audience and pitch their product to potential investors.

Tom Osborne and Mike Robb on Shark Tank

When Tom and Mike presented Beer Blizzard on Shark Tank, they sought a $100,000 investment for 20% equity in their company, which was valued at $500,000. The product received positive feedback from the Sharks, with Lori Greiner expressing interest in its effectiveness. Ultimately, the founders received an offer from Mark Cuban, who proposed a $100,000 investment for 25% equity.

Although the deal with Mark Cuban did not materialize, the founders’ passion for Beer Blizzard continued to drive their efforts to grow and expand the business. They secured retail deals with major stores like Bed Bath & Beyond, Target, Walmart, and Amazon, making Beer Blizzard readily available to consumers across the country.

Despite the eventual closure of Beer Blizzard in 2018, Tom Osborne and Mike Robb left behind a lasting legacy in the beverage industry. Their innovative spirit and determination to create a solution for keeping drinks cold have inspired similar products that continue to thrive today.

FoundersBackground
Tom OsborneFood industry executive in quality assurance
Mike RobbLawyer based in Pittsburgh

The Journey of Beer Blizzard Post-Shark Tank

After their appearance on Shark Tank, Beer Blizzard experienced initial success, with the product being sold in major retail stores. The innovative beer cooling device captured the attention of beer enthusiasts and gained popularity among consumers.

However, despite the early triumph, Beer Blizzard faced a setback when the deal with renowned investor Mark Cuban fell through. Although the exact reasons for the failed agreement remain undisclosed, the company was unable to secure the necessary funding to sustain its operations.

Unfortunately, the closure of the Beer Blizzard company occurred in 2018. The decision to cease operations marked the end of the journey for this once-promising beer accessory. Yet, the impact and legacy of Beer Blizzard can still be felt within the beverage industry, serving as a reminder of the innovative ideas and entrepreneurial spirit that emerged from the Shark Tank platform.

FAQ

What is Beer Blizzard?

Beer Blizzard is a drink cooling device that was pitched on Shark Tank. It is a plastic disc filled with a re-freezable substance that can be kept in the freezer and then placed in the bottom of a can or bottle to keep the drink cold for over 20 minutes.

Who are the founders of Beer Blizzard?

Beer Blizzard was founded by Tom Osborne and Mike Robb, with Tom having a background in the food industry and Mike being a lawyer based in Pittsburgh.

What was the pitch and offer for Beer Blizzard on Shark Tank?

During their Shark Tank pitch, the founders sought a 0,000 investment for 20% equity in their company, which was valued at 0,000. Mark Cuban made an offer of 0,000 for 25% equity, but the deal eventually fell through.

Where was Beer Blizzard sold?

Beer Blizzard gained retail success and secured deals with major retailers such as Bed Bath & Beyond, Target, Walmart, and Amazon.

What is the current net worth of Beer Blizzard?

Since the company is no longer in operation, the current net worth of Beer Blizzard is unknown.

What is the status of Beer Blizzard?

Beer Blizzard ceased operations in 2018, and its store is no longer available. The product is no longer available for purchase, and the company’s website and social media accounts have been deleted.

How does Beer Blizzard work?

Beer Blizzard is a plastic ice cube filled with a hydra-gel substance. It freezes faster and remains frozen longer than traditional ice cubes. It is placed at the bottom of a beer can or bottle and cools the drink without diluting it.

What is the legacy of Beer Blizzard?

Although Beer Blizzard is no longer in business, the concept of using a hydra-gel cube to cool beverages has gained popularity, and similar products inspired by Beer Blizzard are still available on the market.

Who are the founders of Beer Blizzard?

Beer Blizzard was founded by Tom Osborne and Mike Robb, with Tom having a background in the food industry and Mike being a lawyer based in Pittsburgh.

What happened to Beer Blizzard after Shark Tank?

The deal with Mark Cuban fell through, and the company eventually went out of business in 2018. The specific reasons for the closure are unknown.

ncG1vNJzZmiykZi3sLTNrKanZpOkunCuxJ6pZpqcnse7rdGdZKygkae4bsDAp6Jo