According to LinkedIn, Tate is still working as a lumber broker at Idaho Pacific Lumber Company. Pizza Pack makes around $250,000 in annual revenue and this should increase by at least 40% due to the publicity from Shark Tank.
The pizza product has a 4.4 star rating from 2,227 reviews on Amazon. The company released new products such as mini food slicers, t-shirts, collapsible containers, and walnut coasters. The pizza storage container comes in eight colors and sells for $23.99. Since the product is relatively simple, knock-offs are expected to flood the market. Tate filed a patent to protect his idea but it hasn’t been granted yet. Pizza Pack can also be purchased on their official website,.
Currently, the product is available online at Amazon, Etsy, and Walmart. Pizza Pack’s episode aired on September 23, 2022, and the deal with Lori hasn’t closed yet. The founder rejected it and accepted Lori Greiner’s offer of $100,000 for 13%. Cuban responded with a fair offer of $1.5 million. Mark Cuban wanted to buy the entire company but Tate wanted $5 million. Nevertheless, Tate’s pitch went well considering the circumstances.īoth the Sharks and the audience members liked the product. Hearing people cheering in the crowd every few minutes was interrupting the pitches. This was the first time Shark Tank has used a live audience but the format didn’t work well for viewers. He was one of the first entrepreneurs to present in front of a live audience. He appeared on the premiere episode of season 14, seeking $100,000 for a 10% equity stake. This time around, he knew his company was ready. Not long after launching his second startup, Tate Koenig decided to return to Shark Tank. Upon releasing the product in 2022, he made $250,000 in sales within months. Koenig created the Pizza Pack, a collapsible container that has divider trays and a lid with a vent. This is impractical as it uses too much space and it ruins the pizza’s quality. The savvy entrepreneur noticed that when there was leftover pizza, people would just use the same box it came in and put it in the fridge. The next product he made was a solution to store leftover pizza. This inspired Tate to keep looking for new ideas. In early 2020, Tate created the Cheese Chopper, an all-in-one solution for storing, shredding, and slicing cheese.Ĭheese Chopper had decent success despite not getting a Shark investment. In 2012, he became a lumber broker and worked for firms including Shelter Products Inc. While still in high school, he worked as a mechanic at Hubbard Auto and Electric. After graduating from Canby High School, he studied entrepreneurship and international business at Oregon State University.
Hailing from Portland, Oregon, Tate Koenig is a farmer and lumber broker. As of 2023, Pizza Pack is worth $1 million. This time around, things went much better and bagged a deal with Lori Greiner. Tate returned in season 14 to share his latest venture, Pizza Pack. Although Koenig didn’t get a deal, he didn’t give up. Tate Koenig first appeared on season 12 of Shark Tank pitching his product, Cheese Chopper.
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