Cropsticks Net Worth Shark Tank Update 2025

Mylen Yamamoto observed a significant issue with chopsticks. They fall off tables and create messes. Additionally, countless trees are felled to produce them. Mylen developed CropSticks to address this issue. These utensils are crafted from bamboo. They contain integrated support to maintain their stability. Bamboo is environmentally friendly and grows rapidly.

This concept preserves trees and minimizes waste. Mylen became a part of Shark Tank during Season 8. She requested $75,000 in exchange for 12.5% ownership in CropSticks. She outlined her vision and demonstrated how her product functions. Will the entrepreneur get a deal on Shark Tank? Check out the Cropsticks update to find out!  

Cropsticks Net Worth Shark Tank Update 2025

Mylen Yamamoto asked for a $75k investment in exchange for 12.5% equity in her company. This meant she valued her company at $600,000. She did not secure a deal with the sharks. After the show aired, CropSticks saw a big increase in website traffic, sales, and social media exposure. With an estimated 10% yearly growth rate (typical business growth), the current net worth of CropSticks is about $1.5 million.

CropSticks continued its journey after Shark Tank. The business continued to expand. In April 2018 CropSticks received a patent for its design of bamboo chopsticks. This was a significant victory for the company. They began collaborating with major clients like Disney and The Four Seasons hotels. CropSticks has also introduced new items. They introduced bamboo straws and eco-friendly chopsticks. 

The business achieved Certified B Corporation status in 2019. This indicates they adhere to stringent environmental standards. Their items gained popularity in shops. They are available at Walgreens and World Market. CropSticks currently generates approximately $1.2 million annually. Their total assets amount to $1.5 million. Mylen transformed her concept into a triumph. 

No CropSticks did not get a deal on Shark Tank. Mylen asked for $75,000 in exchange for 12.5% equity. The sharks liked her passion but had doubts. Kevin O’Leary said restaurants would not pay extra for chopsticks. Mark Cuban and Robert Herjavec agreed with him. Daymond John said it was too early for him to invest. Lori Greiner liked the product but felt it did not fit her. All the sharks went out leaving Mylen without a deal.

Shark(s) NameOffer & DemandCounter OfferAccepted?
Lori GreinerOutN/AN/A
Daymond JohnOutN/AN/A
Kevin O’LearyOutN/AN/A
Mark CubanOutN/AN/A
Robert HerjavecOutN/AN/A

Cropsticks Shark Tank pitch

Mylen Yamamoto enjoys assisting others. She observed an issue with chopsticks. They tumble from tables and create chaos. She also discovered that producing chopsticks harms numerous trees. Mylen aimed to find an improved method. She devised a concept. She crafted chopsticks from bamboo. Bamboo grows rapidly and is not detrimental to the environment. Mylen incorporated a built-in rest into the chopsticks. This design maintains their cleanliness and stability. 

Making CropSticks was challenging. Mylen encountered numerous difficulties. Initially, individuals were skeptical of her concept. They believed chopsticks were perfect and couldn’t be enhanced. Mylen needed to put in significant effort to show they were mistaken. She launched a Kickstarter campaign to gather funds. She collected $21,816. This assisted her in launching the business. She also focused on obtaining a patent. It required time, yet she persisted relentlessly.     

Mylen entered Shark Tank brimming with optimism. She described the issue with chopsticks. She demonstrated how they fall from tables and create waste. Next, she presented CropSticks. These utensils are crafted from bamboo. They feature integrated support to maintain their stability. She stated that this design conserves trees and minimizes waste. 

Mylen requested $75,000 in exchange for 12.5% equity. She disclosed her business figures. CropSticks successfully gathered $21,816 through Kickstarter. They additionally possessed $190,000 in orders for purchase. Major clients such as Hyatt expressed interest. Mylen stated that her product was produced for 2.2 cents. She sold it in bulk for 6 cents and in stores for 10 cents. Her profit margins stood at 65%. 

The sharks paid close attention. They appreciated her enthusiasm. Nevertheless, they were uncertain. Kevin O’Leary stated that restaurants would not incur additional costs. Mark Cuban and several others concurred. Mylen didn’t secure a deal yet she remained resolute.      

The sharks posed numerous inquiries. Kevin O’Leary was curious about expenses. He mentioned that eateries would not spend extra on chopsticks. Mylen clarified her figures. She stated that the product was manufactured for 2.2 cents. She sold it at 6 cents wholesale and 10 cents at retail. She also discussed her profit margins of 65%. Kevin still thought it was insufficient. 

Mark Cuban inquired about the market. He was curious whether individuals truly valued environmentally friendly chopsticks. Mylen replied affirmatively. She communicated her achievements with Hyatt and other major clients. Mark remained unconvinced. He thought the market was overly limited. 

Daymond John inquired about expansion. He was curious whether Mylen could expand her business. Mylen stated that she required the investment for expansion. Daymond believed it was premature for him. Every shark was filled with uncertainty.       

The sharks appreciated Mylen’s enthusiasm. They appreciated her concern for the environment. Nonetheless, they had worries. Kevin O’Leary stated that the product was priced too high for restaurants. Mark Cuban concurred. He believed the market was limited. Robert Herjavec expressed the same opinion. Daymond John appreciated the concept but mentioned it was premature for him.

Lori Greiner appreciated the product but thought it wasn’t suitable. Every shark provided their justifications. Mylen attempted to resolve their uncertainties. She clarified her figures and conveyed her vision. Nonetheless, the sharks remained unconvinced. They all exited. Mylen walked away from the tank without a deal yet she felt hopeful. She was aware that her concept was solid.        

What Went Wrong With Cropsticks On Shark Tank?

The sharks had many concerns. Kevin O’Leary said restaurants would not pay extra for chopsticks. He felt the product was not worth the cost. Mark Cuban said the market was too small. He did not see big growth potential. Daymond John felt the business was too new. He said it needed more time to grow. Lori Greiner liked the idea but felt it was not for her. Robert Herjavec agreed with Kevin. All these reasons led to no deal for CropSticks.   

Product Availability

Bamboo is the material used to make CropSticks. They are environmentally friendly and feature an integrated rest. This break maintains their cleanliness and stability. The chopsticks are special and assist in preserving trees. CropSticks provides bamboo straws and reusable chopsticks as well. CropSticks are available for purchase both online and in retail stores.

They can be found in more than 500 places. This includes World Market and Walgreens. You can purchase them from the CropSticks website as well. The cost is reasonable for an environmentally friendly item. CropSticks are excellent for both homes and restaurants. They are ideal for individuals who value the environment. 

Conclusion

CropSticks started with a simple idea. Mylen Yamamoto wanted to make better chopsticks. She faced many challenges but never gave up. On Shark Tank, she did not get a deal. However, she kept working hard. CropSticks grew into a successful business.