Ice cream cones are everyone’s favorite summer treat, but they come with a sticky problem. As the ice cream melts, it starts dripping, making a mess on your hands, clothes, and anything else it touches. This is especially frustrating for parents dealing with children who enjoy ice cream cones.
Two high school freshmen, Sam Nassif and Oliver Greenwald, came up with a creative solution to this common problem. They invented The Drip Drop, an edible ring made of the same ingredients as ice cream cones. The ring fits around the cone, catching all the drips and keeping things clean. Once you finish your ice cream, you can eat the ring too.
Sam and Oliver introduced their idea on Shark Tank in Season 7. They were full of energy and confidence as they asked the Sharks for $50,000 in exchange for 20% of their business. Did the entrepreneurs get a deal on Shark Tank? Check out our The Drip Drop update to find out!
The Drip Drop Net Worth Shark Tank Update 2025
Jourdan and Morgan Henderson went on Shark Tank asking for $50,000 for 20% of their company. This meant they thought their business was worth $250,000. They did not make a deal with any Shark. The episode was aired in April 2015. The company later stopped operations around 2019 and is no longer active. The current net worth of The Drip Drop is $0 in 2025.
The company’s journey after Shark Tank had its ups and downs. Although Sam and Oliver secured a deal with Barbara Corcoran on the show, the deal never went through. Despite this setback, the young entrepreneurs didn’t give up right away. They worked on improving The Drip Drop for a few more years. However, as they got older and pursued new opportunities, they eventually decided to move on from the business.
Today, The Drip Drop is no longer in operation. Both Sam and Oliver have shifted their focus to other ventures and careers. While the Shark Tank journey did not lead to long-term success for The Drip Drop, it gave them valuable experience and exposure.
Sam and Oliver did manage to secure a deal on Shark Tank. Barbara Corcoran offered them $50,000 in exchange for 33.33% equity. This was a higher equity percentage than they originally wanted, but Barbara’s experience and advice made it a worthwhile compromise for the young founders.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Robert Herjavec | Out | N/A | N/A |
| Barbara Corcoran | $50,000 for 33.33% equity, contingent on fixing the design of the product | N/A | Yes |
| Kevin O’Leary | Out | N/A | N/A |
| Lori Griener | Out | N/A | N/A |
| Mark Cuban | Out | N/A | N/A |
The Drip Drop Shark Tank pitch
Sam Nassif and Oliver Greenwald were just high school freshmen when they invented The Drip Drop. The idea came to them after witnessing the mess caused by melting ice cream cones. They realized that if they could create a product to catch the drips, it would save people from sticky hands and messy clothes. The fact that their product was edible made it even more appealing.
The boys faced many challenges as young entrepreneurs. They had to juggle school and homework while working on their business. They also had to learn about patents, manufacturing, and marketing from scratch. Despite these hurdles, their passion and determination kept them going.
Sam and Oliver walked into Shark Tank with a lot of enthusiasm. They started their pitch by explaining the common problem of ice cream dripping and introduced The Drip Drop as the perfect solution. The edible ring is made of the same ingredients as an ice cream cone, making it a tasty addition to the treat. They demonstrated how The Drip Drop fits around an ice cream cone and catches all the drips. Once the ice cream is gone, you can enjoy eating the ring too.
The boys asked for $50,000 in exchange for 20% equity in their business. They also shared that they had a design patent and were working on securing additional patents. Although The Drip Drop was not yet available for sale, they planned to sell it to ice cream manufacturers and shops. Keep reading our The Drip Drop update to see what happens next!
Each Shark had their own questions about The Drip Drop:
Kevin O’Leary asked about the cost of making The Drip Drop. Sam and Oliver explained that it would cost around $0.03 per unit to produce and could be sold for $0.10. Kevin also asked about the cost of a regular ice cream cone, which they said was about $0.05. Kevin questioned whether ice cream shops would be willing to double their costs for this add-on.
Barbara Corcoran noticed that the prototype of The Drip Drop was still dripping on the sides. The boys admitted that the investment would help them work with a food engineer to perfect the product’s design.
Robert Herjavec asked if they planned to sell directly to ice cream shops or large manufacturers. He believed they should focus on big-name manufacturers for better results.
The Sharks had mixed reactions to The Drip Drop:
Mark Cuban liked the idea but felt it would take too long to get the product off the ground. He was the first to go out.
Robert Herjavec agreed with Mark that selling directly to ice cream shops would not work. He encouraged the boys to target large manufacturers but ultimately went out for the same reason as Mark.
Kevin O’Leary admired the boys but felt the investment required too much work to be worth it. He went out but suggested that Barbara might be interested.
Lori Greiner didn’t see a clear path to success for The Drip Drop and decided not to invest.
Barbara Corcoran initially pointed out flaws in the product but appreciated the boys’ energy and determination. She offered $50,000 for 33.33% equity, contingent on improving the product’s quality. Sam and Oliver accepted her offer.
Product Availability
The Drip Drop is no longer available for purchase. The product was never mass-produced or sold on a large scale. While Sam and Oliver worked hard to improve it, they eventually decided to move on to other ventures. The Drip Drop does not have an official website, and it is not available in stores or online.
Conclusion
The Drip Drop started as a creative solution to a common problem and gained national attention through Shark Tank. Sam and Oliver impressed the Sharks with their energy and determination, securing a deal with Barbara Corcoran. However, the challenges of improving the product and bringing it to market proved too great.
While The Drip Drop is no longer in business, Sam and Oliver’s journey is an inspiring example of young entrepreneurship. Their experience on Shark Tank gave them valuable lessons they can use in future ventures. Stay tuned for more updates on other Shark Tank companies!
Hey, I’m Amna Habib an undergraduate student of Bachelors in Business Administration. Shark Tank is one of my favorite TV shows of all time. The show provides a fascinating insight into the world of entrepreneurship by presenting creative solutions to common problems, which strongly connects to my academic interests. I’m interested in learning more about the strategic thinking and creativity that lead these companies as each pitch provides insightful information. I’ve found that watching Shark Tank has inspired my enthusiasm for business and entrepreneurship and has been a very enlightening and motivating experience. Apart from business and writing, I love food, shopping, and hanging out with friends and family. Read more About me.
