The Rocketbook is being sold in retail locations such as Walmart and Staples, on their own website and on Amazon. This appears to be the point where they missed on the opportunity to invest in an innovative product that would go on to achieve $10 millions in sales two years later. The sharks demonstrated an interest at first but it seems they started joking about it once the founders used a microwave to erase the notes. They already had an established distribution channel and achieved $2 millions in sales. On the show, they erased the notes using a microwave however, today, you just wipe them clean. The Rocketbook app integrates with Dropbox, Google Docs, iCloud, Evernote, Box, Slack as well as email.Īs a result, they carried on selling more units. They believed in their product as you can write on it with a physical pen and then, upload your notes to the cloud and erase you writing from the notebook. In the Rocketbook Shark Tank episode, the founders asked for a $400,000 investment for 10% of equity but they got rejected. The Rocketbook Shark Tank Story The Rocketbook On Shark Tank – Post Rejection ![]() In this article, I’m going to talk about the Rocketbook story, explain how this product that is considered by many as the best smart notebook revolutionized the digital notebook market and show the online success of Jake and Joe. They managed to grow their business without the investment of the sharks.īy 2017, they registered $10 millions in sales.īut how did the sharks miss on such opportunity and what are Epstein and LeMay doing today? Not only did they get rejected but they also got laughed at. They wanted to grow their business, asking for a $400,000 investment from the sharks. Rocketbook Shark Tank is environmentally friendly, minimizing waste as customers no longer need to waste millions of pages of paper.īefore appearing on the show, they had already registered $1.8 millions in sales. ![]() Unlike the traditional pen and paper notebook, the Rocketbook allows you to access your notes from anywhere. Learn More About How To Make Money Onlineīack in 2015, two confident entrepreneurs, Jake Epstein and Joe LeMay, pitched their innovative idea on a smart, reusable notebook in front of the sharks.The Rocketbook On Shark Tank – Post Rejection.
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