Mango is a popular tropical fruit. It tastes great with so many dishes. That’s why Lakesha Brown-Renfro, Nzinga Teule-Hekima, and Tanecia Willis created Mango Mango. It is a mango preserve. This product is very tasty and can be used in many ways.
The three entrepreneurs appeared on Shark Tank to pitch their mango preserves. They wanted $75,000 for 20% of their company. Will the entrepreneur get a deal on Shark Tank? Check out the Mango Mango update to find out!
Mango Mango Preserves Net Worth Shark Tank Update 2025
April Scott, Nzinga Teule-Hekima, and Lakesha Brown-Renfro went on Shark Tank asking for $75,000 for 20% of their company. This meant they thought their business was worth $375,000. They did not make a deal with any Shark. The episode was aired on September 27, 2013. The natural fruit preserves company remains active and continues to sell products in stores and online. Using the default 10% yearly growth method, the current net worth of Mango Mango Preserves is estimated to be around $1–2 million in 2025.
After Shark Tank Mango Mango had a big boost in sales. The month after appearing on the show, the company sold over 30,000 jars. The business started to grow quickly. They began selling their product at Whole Foods. Mango Mango also made appearances on QVC. On QVC their product sold out many times. This helped their brand become more popular.
Even though they did not get a deal on Shark Tank the company did well. They were able to expand. Mango Mango is still in business today and continues to sell its products online and in stores.
No Mango Mango did not get a deal on Shark Tank. The entrepreneurs asked for $75,000 in exchange for 20% equity in the company. However, none of the sharks decided to invest. Kevin O’Leary was the first to go out. He said the company needed to lower production costs. Mark Cuban also went out. He said he did not know enough about the preserves business to help.
Lori Greiner suggested they keep their equity and use their own money for manufacturing. She also went out. Daymond John admitted he did not know the jelly business well and went out. Robert Herjavec also went out. He said he could not offer good advice for the business. The entrepreneurs left the tank without a deal.
| Shark(s) Name | Offer & Demand | Counter Offer | Accepted? |
| Lori Greiner | Out | N/A | N/A |
| Daymond John | Out | N/A | N/A |
| Kevin O’Leary | Out | N/A | N/A |
| Mark Cuban | Out | N/A | N/A |
| Robert Herjavec | Out | N/A | N/A |
Mango Mango Preserves Shark Tank pitch
Lakesha Brown-Renfro, Nzinga Teule-Hekima, and Tanecia Willis established Mango Mango. Their passion for mangoes inspired them. Mangoes are a tasty tropical fruit and they aimed to make something unique with them. The three women understood that mangoes could be utilized in various ways. They chose to create a preserve that could accompany various dishes. They wished to express their affection for mangoes to others.
The founders encountered numerous difficulties. A major challenge was the elevated production expenses. Every jar of Mango Mango jam costs $2.18 to produce. The women were offering the product at $6.99 for each jar. However, this resulted in minimal profit. The elevated production expenses hindered their ability to expand the business. They had to purchase new tools to produce the product more effectively.
Nonetheless, they lacked sufficient funds to accomplish this independently. That’s the reason they approached Shark Tank for assistance. They anticipated that the sharks would invest in their business and offer direction.
When the women came onto Shark Tank they showcased their product with enthusiasm. They began with an entertaining song and dance to highlight their mango preserves. The founders’ energy and passion during the pitch impressed the sharks. The entrepreneurs provided samples of their products for the sharks to try. The sharks enjoyed the flavor and were amazed by the various methods the preserves could be utilized. They discussed ways to incorporate Mango Mango into various dishes such as meats, salads, and desserts.
The founders stated that they required $75,000 in exchange for 20% ownership in their business. The funds would assist them in purchasing production machinery. This machinery would enable them to create the preserves on a bigger scale. They aspired to establish their own production facility rather than outsourcing manufacturing. This would assist them in reducing production expenses and boosting earnings. The sharks were intrigued, yet they still had numerous inquiries regarding the product and the business model.
The sharks inquired extensively to gain a clearer insight into the product and the company. Kevin O’Leary inquired about the expense of making the product. He inquired about the cost of producing each jar of preserves. The women mentioned that producing each jar required $2.18. Kevin O’Leary stated that this was excessively high. He proposed that they should reduce production costs by almost fifty percent to achieve profitability.
The women stated that they were attempting to lower expenses by purchasing their own production machinery. Nonetheless, the sharks were not persuaded that this would address the issue. Mark Cuban inquired about the jam market. He was interested in finding out if there was sufficient demand for their product. The women noted that they were already merchandising the product in boutique shops.
In the 18 months prior to filming, they had generated $138,000 in sales. However, the elevated production expenses hindered their growth. Mark Cuban acknowledged that he lacked sufficient knowledge about the preservation industry to assist with this. He made up his mind to go outside. Lori Greiner inquired whether they had a definitive strategy for the future. The women stated they aimed to boost sales and grow their brand.
Interest had already been shown by Whole Foods and QVC. Lori Greiner believed they were heading in the correct direction. Nevertheless, she cautioned them against relinquishing any equity to investors. She suggested that they utilize their sales income to support their own production facility. In this manner, they wouldn’t need to relinquish control of their business. Lori Greiner chose to leave as well.
Daymond John admitted that he did not know much about the jelly and preserves business. He said he would not be the best fit for the company. He decided to go out. Robert Herjavec also expressed concern. He said that he could not offer the guidance the women needed. He also decided to go out. With no offers from any of the sharks, the entrepreneurs left the tank without a deal.
The sharks reacted differently to the Mango Mango presentation. Kevin O’Leary was the initial one to exit. He mentioned that the elevated production expenses were a significant issue. He believed that the business must reduce its expenses before achieving profitability. Mark Cuban was the next to go out. He confessed that he lacked sufficient knowledge about the preserves industry to provide assistance.
Lori Greiner advised that Mango Mango refrain from giving away any equity. She believed the women could utilize their sales income to finance their production area. Daymond John was the next to go out. He mentioned that he lacked sufficient understanding of the preserves industry to provide guidance. Ultimately Robert Herjavec also chose to leave. He believed he was unable to assist in the business’s growth.
The women exited the tank without securing a deal. Regardless of this, they kept striving to expand their business. They achieved success by marketing their product at Whole Foods and featuring on QVC. The absence of an agreement did not hinder their progress.
What Went Wrong With Mango Mango On Shark Tank?
There were multiple factors that led to Mango Mango not securing a deal. A primary factor was the elevated production expenses. Kevin O’Leary emphasized that the business must reduce its expenses to achieve profitability. The women clarified that they were attempting to achieve this by purchasing production machinery. Nevertheless, the sharks were not persuaded that this would resolve the issue.
Another reason was that the sharks believed they were unable to provide the support the women required. Mark Cuban confessed that he lacked sufficient knowledge about the preserves industry. Daymond John also acknowledged that he lacked experience in the jelly industry. Robert Herjavec believed he was unable to assist the company’s growth. Even without securing a deal, the women stayed resolute.
They understood they possessed an excellent product. They kept striving diligently and achieved success independently.
Product Availability
Mango Mango preserves are available for purchase on the company’s website. You can also find the product in Whole Foods stores. The preserves come in different flavors and can be used with many dishes. They are sold in jars and are priced at $6.99 per jar. The product has become popular because of its versatility and delicious taste. Mango Mango also made multiple appearances on QVC.
The product sold out many times on the shopping channel. Customers can order the preserves directly from the Mango Mango website.
Conclusion
Mango Mango did not get a deal on Shark Tank. But they did not give up. After appearing on the show the company grew quickly. They sold thousands of jars and started selling at Whole Foods. The entrepreneurs made appearances on QVC. The product sold out multiple times. Mango Mango is still in business today. They continue to sell their preserves online and in stores.
Hey there, I’m Fatima Muhammad, an International Relations student, with a focus on the strategic dynamics of global relations, One of my favorite shows is Shark Tank. I love it because it showcases the creativity, determination, and strategic thinking of entrepreneurs, which I find inspiring. The show also teaches valuable lessons about innovation, business dynamics, and the importance of perseverance in the face of challenges. Read more About me.
