Shark Tank Mosh, a protein bar founded by Maria Shriver and Patrick Schwarzenegger, telecasted Shark Tank USA in 2024 on Season 15. The founders were seeking $500,000 for 2% equity. However, they secured a deal with Lori Greiner, $250,000 for 20% equity. In this article, we will explore Mosh’s net worth in 2024, its Shark Tank pitch summary and more.
Mosh Net Worth
As of May 2024, Mosh‘s estimated net worth is $25 million, and its annual revenue was $7 million in 2023.
| Net worth | $25 million |
| Annual Sales Revenue | $7 million (In 2023) |
| Profits | Not Available |
| Lifetime sales | Not Available |
| Employees | 5 employees |
Mosh Net Worth Timeline
| Net Worth 2024 | $25 million *estimated |
| Net Worth 2023 | $24.5 million |
Shark Tank Mosh Update from Season 15
Maria and her son Patrick started their presentation by introducing themselves. They are not just family members but also founders of the company Mosh. It is a protein bar designed to support brain health with 13 essential nutrients. These bars are made with high-quality, clean ingredients that help give energy to the brain and body.
Patrick asked for $500,000 for 2% equity in their company, valued at $25 million. Guest Shark Candace cheered, and Maria thought the Sharks liked their pitch. There, they also gave samples of Mosh’s top-selling bars to the Sharks.
Maria recounted her experience researching Alzheimer’s 27 years ago. Their pitch also focused on how Alzheimer’s affects more women than men, with two-thirds of those affected being women. Most recent research indicates that lifestyle changes can prevent 50% of Alzheimer’s cases.
Mr. Wonderful questioned the $25 million valuation. There, Patrick explained that Mosh made $10 million in online sales over the past two years, expected $7 million in the current year, and projected $11.5 million for the following year.
Then, Lori asked if they were profitable, and Patrick said “no” because they spend a lot on marketing. He further mentioned that if they stopped marketing, they would generate profit. When Candace asked about marketing costs, Patrick said they spend $100,000 monthly.
Daymond asked about the cost of making and selling the product. Patrick said it costs $0.93 to manufacture each bar. The bars sell for $29.99 online and $33.99 in stores.
Mark asked about sales and marketing costs for the previous month. Patrick said they had $675,000 in sales, and they spent $150,000 on marketing. And he said they got over 11,000 monthly subscriptions. He also mentioned that they could make $200,000 in revenue the next day if they stopped marketing.
When Lori asked about the company’s owner, they said it has five full-time employees, and the founders aren’t taking salaries. Further, they said they put in over $1 million of their own money and got $1.5 million from friends and family. And also raised $4 million from other investors earlier this year.
Kevin O’Leary decided not to invest in the deal because he doubted the $25 million valuation and the retail strategy. Mark Cuban didn’t invest because the protein bar industry was too competitive. Daymond John decided to refrain from investing because he thought making a profit would take too long. Guest shark Candace Nelson shared Mark Cuban’s concern about competition and chose not to invest.
However, Lori offered $500,000 for 6% of the company. Patrick countered with 3.5%. After negotiation, Lori revised her offer to 5%, which Patrick declined. Then, Patrick offered $500,000 for 3.5% equity and 1% advisory shares.
At the moment, Lori felt they were close and suggested a compromise. Mark proposed 7.5% each, but Kevin disagreed with Mark’s suggestion, stating it would be a significant mistake. Finally, they agreed on a deal of $500,000 for a 3.5% stake with an additional 1.5% advisory share with the Sharks Lori.
| Company Name | Mosh |
| Founders | Maria Shriver and Patrick Schwarzenegger |
| Business | A protein bar for focused on brain health |
| Episode | Season 15, Episode 22 |
| Asked Deal | $500,000 for 2% equity |
| Final Deal | $500,000 for a 3.5% equity + 1.5% in advisory shares |
| Shark | Lori Greiner |
| Business Status | In Business |
| Company Website | Visit Website |
| Headquarter | Los Angeles, USA |
What happened to Mosh after Shark Tank?
As of May 2024, Mosh is still in business. After the show aired, Mosh saw a significant increase in website traffic, sales, and social media attention, leading to a rise in their net worth. Their current performance is impressive, and their brand is growing.
Maria Shriver, previously married to Arnold Schwarzenegger, has a net worth exceeding $100 million, while Patrick Schwarzenegger’s is $8 million. Despite their wealth, their decision to appear on Shark Tank for investment was criticized by some Shark Tank fans.
It’s important to note that not all entrepreneurs go on Shark Tank solely for money. Many seek mentorship and the exposure the show provides. This applies to Mosh as well. They excelled in sales and marketing and secured a deal on the show. The audience believes common myths about Shark Tank, and many articles have addressed these myths. Check out “Shark Tank myths” to learn more.
With Lori now on the team, Mosh’s future looks promising. If you want to try Mosh products, you can find a variety of plant-based options on their website, including a Mind-Blowing Variety Pack with 15 flavors. You can also find their products on Amazon, Thrive Market, and select fine retailers, including Erewhon Markets. Exciting! MOSH will be available at Sprouts starting in June 2024.
Mosh Founders
Maria Shriver and Patrick Schwarzenegger, mother and son, are the founders of Mosh, which started in 2020. Maria Shriver is an American journalist, author, member of the Kennedy family, and former First Lady of California.
Maria founded The Women’s Alzheimer’s Movement and was previously married to former California Governor Arnold Schwarzenegger. Maria’s father, Robert Sargent Shriver Jr., passed away from Alzheimer’s in 2011. Since then, she has been dedicated to improving brain function to reduce global Alzheimer’s cases.
Patrick Schwarzenegger is an American actor and businessman. He is the son of Arnold Schwarzenegger and Maria Shriver and has invested in consumer packaged goods companies such as Liquid IV, Poppi, and Super Coffee.
Mosh Achievements and Awards
| Year | Achievements and Awards |
| 2024 | The company was featured on Shark Tank Season 15 and got the deal from Lori Greiner |
Conclusion
Shark Tank is a TV show showcasing different business ideas, helping them succeed. Mosh was one of the ventures featured on the show. They made a deal with Lori Greiner, showing that success is possible with the right idea and execution. Now, we eagerly await to see how their success story unfolds in the future.
Before you leave, check out the other company updates in Season 15, Episode 22.
