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RocketBook gets last laugh from Shark Tank no deal

Rocketbook - Shark Tank

Rocketbook is the notebook from the future. Students and Sharks can’t let go of pen and paper. Rocketbook enables you to take note and then scan them to their app.

Rocketbook is the reusable notebook

The Shark Tank investors see the Rocketbook wave as reusable. They use the household microwave to nuke your notebook. Their book automatically erases the writing on your pages.

They have sold 75,000 Rocket Books at $22 retail for $2.2 million in sales.

Kevin O’Leary is complaining because he is losing sales because the book is reusable.

Company: Rocketbook
Entrepreneurs: Jake Epstein and Joe Lemay
Website
Ask: $400,000 for 10% equity
Companies in this episode: Wine and Design, LAID Brand, Bridal Buddy
Season: Season 8 Episode 824
Sharks: Mark Cuban, Barbara Corcoran, Kevin O’Leary, Lori Greiner, Robert Herjavec
First Aired: 05/12/2017
Deal:

What do the Shark Tank Investors say about Rocketbook

What Rocketbook did not say on Shark Tank

Joe Lamay did something we all do, and that is forget the right notebook for a meeting while he worked at Salesforce.com.

Joe needed to find a solution to address this situation, and came up with Rocketbook. All of his notes go into the app and to the proper place, and he only needs one notebook because it is clean every time he uses his notepad.

The Rocketbook proved so popular that they crowdfunded $1,889,030 for development and launch of the notepad and app.

Rocketbook after Shark Tank

And, here comes the results of Shark Tank, which left them with no deal! They have the number one selling Notebook on Amazon! With over Ten million dollars in sales, the Sharks missed on this one.

Buy Rocketbook on Amazon today. Learn more here

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