sierraclub.org

sierraclub.org

Next into the tank is Baltimore-native com pay Hungry Harvest, seeking $50,000 for five percent equity.

“Using one problem to solve another,” they sell unwanted produce that was disregarded for its appearance and, in doing so, reduce food waste. For every bag delivered, they also donate a meal to the hungry.

The orders are based on number of subscriptions, therefore, preventing any further food waste. However, they have yet to make a profit and have a net loss of $20,000. The bags of food are sold for $19.00 including delivery.

Social reactions from Hungry Harvest’s appearance on “Shark Tank”:

Barbara Corcoran worries that he cares so deeply about his business that he lacks the “greed to succeed.” She goes out.

Robert Herjavec likes the idea and the ways in which he empowers others and offers $100,000 for 10 percent equity. After taking the time to listen to O’Leary, Herjavec threatens to go out, prompting him to accept his deal.

Final deal: Robert Herjavec for $100,000 for 10 percent equity.

What did you think of Hungry Harvest’s concept?