Postcard on the Run Net Worth Shark Tank Update 2025

Josh Brooks introduced Postcard On The Run on Shark Tank. He wanted $300,000 for 5% equity. This app turns smartphone photos into physical postcards. It lets users send postcards through snail mail. The app was innovative but faced competition. Brooks hoped the Sharks would invest and help grow the app. Selena Gomez a famous singer was an investor in the app. She loved using it too.

Postcard On The Run had over 500,000 downloads. It made $450,000 in sales. Still, it wasn’t profitable yet. Brooks believed the app had potential. He needed a Shark to agree with him. Will the entrepreneur get a deal on Shark Tank? Check out the Postcard on the Run update to find out!  

Postcard on the Run Net Worth Shark Tank Update 2025

Josh Brooks asked for a $300k investment in exchange for 5% equity in his company, Postcard On The Run. This meant he valued his company at $6 million. He made a deal with Robert Herjavec for $300k in exchange for 10% of his company. This new deal valued his company at $3 million. After the show aired, Postcard On The Run saw a big increase in website traffic, sales, and social media exposure. However, the company ceased operations in 2015, and its current net worth is $0.

Postcard On The Run secured a deal on Shark Tank. Robert Herjavec put in $300,000 for a 10% stake. This allowed the app to persist for a while. The application remained available in the market for a couple more years. It encountered difficulties because of rivals from comparable applications. The organization declared its shutdown in 2015.

The website stated that it would cease operations on October 1, 2015. Every outstanding order was handled before the shutdown. As of today, Postcard On The Run has ceased operations. 

Yes Josh Brooks got a deal with Robert Herjavec. Brooks asked for $300,000 for 5% equity. Herjavec thought the valuation was too high. He offered $300,000 for 10% equity instead. Brooks tried to negotiate. He asked for a higher valuation, but Herjavec did not agree. Finally, Brooks accepted Herjavec’s offer.

Shark(s) Name	Offer & Demand	Counter Offer	Accepted?
Lori Greiner	Out	N/A	N/A
Barbara Corcoran	Out	N/A	N/A
Kevin O’Leary	Out	N/A	N/A
Mark Cuban	Out	N/A	N/A
Robert Herjavec	$300,000 for 10% equity	N/A	Yes

Postcard on the Run Shark Tank pitch

Josh Brooks developed Postcard On The Run. He aimed to revive the appeal of postcards. He observed that individuals enjoyed capturing images with their phones. However, these images remained in digital form. He believed postcards could personalize memories more effectively. Mailing a photo postcard felt unique. Brooks put in great effort to ensure the app was easy to use. Initially, Brooks encountered numerous challenges.

Getting funds was challenging. The application required funding to expand. Rivals entered the market rapidly. Brooks needed to remain in the lead. He secured an investment in the app from Selena Gomez. Her participation garnered notice. However, success was not assured. Brooks required additional funding and assistance.       

Josh Brooks presented his app with confidence. He described how it functioned. The application allows users to choose a picture include a message and dispatch it like a postcard. Postcards might also feature a code that can be scanned. This code enabled recipients to view video messages. Brooks requested $300,000 in exchange for a 5% stake. 

The Sharks paid close attention. Brooks disclosed sales figures. The application generated $450,000. It received more than 500,000 downloads. However, the company has not yet achieved profitability. Brooks stated that he had secured $1.3 million before Shark Tank. The Sharks perceived the $6 million valuation as excessive.      

The Sharks had many questions. Mark Cuban asked about the valuation. He said $6 million was too high. Kevin O’Leary agreed. He asked how the app would make money. Barbara Corcoran loved the idea of postcards. But she didn’t like the printed message style. She felt it lacked warmth. Lori Greiner asked if the technology was unique. Brooks admitted other apps could copy the idea. Robert Herjavec asked about Selena Gomez. He wanted to know her involvement.      

Mark Cuban stated that the valuation was “absurd.” He was not in. Kevin O’Leary stated that the app represented a financial loss. He was not present. Barbara Corcoran mentioned that the written message seemed to lack of personal touch. She was gone. Lori Greiner questioned the app’s originality. She had left. Robert Herjavec recognized an opportunity. He found the concept appealing.

He believed his children would utilize it. However, he disagreed with the assessment. He proposed $300,000 in exchange for a 10% stake. Brooks attempted to reach an agreement. He desired an increased valuation. Herjavec would not alter his proposal. Brooks agreed to the offer.        

What Went Wrong With Postcard on the Run On Shark Tank?

The high valuation hurt Brooks’ pitch. Mark Cuban and Kevin O’Leary rejected it immediately. They felt the numbers didn’t add up. Barbara Corcoran didn’t like the design of the postcards. Lori Greiner thought the app was not unique. These reasons made most Sharks back out. Only Robert Herjavec made an offer.   

Product Availability

Postcard On The Run enabled users to send customized postcards. It introduced a contemporary spin to a traditional concept. Postcards may feature images and videos. Users were able to make and send postcards using the app. This simplified the process and made it enjoyable. Following Shark Tank, the app remained available for a couple of years. It can be found on iTunes and Google Play.

The business maintained a website that allowed users to find out more. The service ceased operations in 2015. 

Conclusion

Postcard On The Run had an exciting journey. Josh Brooks impressed Robert Herjavec on Shark Tank. The app gained attention after the show. However, it faced challenges and closed in 2015. The idea was creative. It brought back the charm of postcards. Although the app is gone its story inspires entrepreneurs.