What Happened To Must Love After Shark Tank?
Must Love After Shark Tank Update: Must Love California Base is a plan base frozen dessert company. This company makes different flavors of desserts as well as cookies, ice creams etc. It completely focuses on manufacturing Plant Base Vegan, Nutritional, Healthy Foods.
Mollie had made Banana Nice Cream for dessert with almond milk one day for dinner. After taking the first bite, Hannah liked it very much. This “Nice Cream” was completely a dairy-free, simple ingredients, really delicious product.
To make this product a brand, both Hannah and Mollie quit their jobs and started this business full time. The Must Love brand was officially launched in 2016.
What Is Must Love?
Must Love is a Food and Beverage Business that manufactures Frosted cookies, (N)ice cream, Sprinkles and Sweet Dessert. This business started with making Banana Nice Cream. It also sells variety frosted cookies like birthday cake and chocolate. It has different types of desserts available like Bananas, Chocolate, Cashew Cookies, Oats and many more.
6 packs of cookies cost $42, sprinkles cost $2. 50, Dessert costs $5.99, and Dipped Bars cost $5.99. This product is available at Whole Foods, Sprouts, Costco, Instacart and Company shop sites.
Who Is The Founder Of Must Love?
Must Love Business is co-founded by Hannah Hong and Mollie Cha, best friends since college and hail from California. Both of them left their jobs and launched this company in 2016.
Hannah worked for 2 years as a Senior Associate at PwC Consulting after MBA from the UCLA Anderson School of Management. Mollie worked as a Strategy at Bolthouse Farms after completing her MBA from MIT Sloan School of Management.
Must Love Shark Tank Update
Company Name | Hakuna Brands LLC | |
Founder | Hannah Hong and Mollie Cha | |
Founded | 2016 | |
Product | Plant base Vegan (N)ice cream, and Sprinkles | |
Asked For | $600k for 7.5% Equity | |
Final Deal | No Deal | |
Shark | No Shark | |
Episode (Shark Tank USA) | S13 E11 | |
Air Date | Jan 14, 2022 | |
Business Status | In Business | |
Must Love Net Worth | $5M *estimated | |
Headquarters | Los Angeles, California, United States | |
Must Love Instagram | View Profile | |
GO TO AMAZON | Buy Now |
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Must love On Shark Tank Pitch
Hannah Hong and Mollie Cha entered the shark tank and asked the sharks $600K for 7.5% equity for their company Must Love. After hearing the valuation of the company all sharks were surprised. They experienced the product and details.
Kevin O’Leary said this company is not $8 million worth. This valuation is really insane so for that reason he is out. Lori said she invested same company as this in former season but that company did not get successful so she don’t want to invest in the business so she is also out.
Mark Cuban said “There’s not that one trigger that makes someone say, Okay I have to try this” that’s why he is out. Must Love did not get any offers from the sharks.
Must Love Net Worth
Must Love was valued at $8 million at the Tank Show. The company raised $1.4 million in 2016-17 at an $8 million valuation. There is a lot of competition in this industry, there are many brands which are sitting with more market share.
Is Must Love Still In Business?
Yes, Must Love is still in business as of January 2023.
This startup has been featured in various of media publications like Food Business News, Go Dairy Free, FoodNavigator and many more.
The company’s headquarters and manufacturing facility is located in Los Angeles, California, United States. Total 2 to 10 people are working in it.
FAQs
Must Love Business is co-founded by Hannah Hong and Mollie Cha.
Must Love Worth to be in the range of $5 million.
Yes, Must Love is still in business as of January 2023.
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