Beef jerky is a favorite snack for many people. But there is a big problem. Many companies use cheap and low-quality beef. They do this to make more jerky for less money. This makes the jerky less tasty and not as healthy.
Daniel Fogelson and Jordan Barrocas wanted to change this. They created Three Jerks Jerky. Their jerky is made from filet mignon. This is the softest and most delicious part of the cow. They wanted to make the best beef jerky for people who love good food.
The duo appeared on Shark Tank in Season 7. They pitched their premium product to the sharks. They wanted an investment to grow their company. The entrepreneurs wanted $100,000 for 15% equity in their company. Did the entrepreneur get a deal on Shark Tank? Check out our Three Jerks Jerky update to find out!
Three Jerks Jerky Net Worth Shark Tank Update 2025
Daniel Fogelson and Jordan Barrocas asked for a $100k investment in exchange for 15% equity in their company. This meant they valued their company at $666,667. They made a deal with Daymond John for $100k in exchange for 15% of their company, plus an option for another $100k for 15% more equity. This new deal valued their company at $666,667. After the show aired, Three Jerks Jerky 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 Three Jerks Jerky is about $1.75 million.
Three Jerks Jerky grew quickly after Shark Tank. In just three months after the episode aired, they made $1.4 million in sales. This was a big jump from their earlier sales numbers.
Daymond John helped them a lot. He helped them find a new co-packer. This made it easier for them to meet the growing demand. With this, the company could produce more jerky faster.
The founders eventually stepped away from the company. But Three Jerks Jerky continued to grow. Today, the company is making about $4 million every year. They still sell their delicious beef jerky and have a strong fan base.
Yes, Three Jerks Jerky got a deal on Shark Tank. Daniel and Jordan asked for $100,000 for 15% equity. Daymond John offered them exactly what they wanted. He also included an option for another $100,000 for 15% more equity. The founders accepted his offer on the spot.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Robert Herjavec | 1# $100,000 for 20% equity 2# $100,000 for 15% equity, option to buy 15% more for $100,000 (with Lori) | N/A | No |
| Lori Greiner | 1# $100,000 for 20% equity 2# $100,000 for 15% equity, option to buy 15% more for $100,000 (with Robert) | N/A | No |
| Kevin O’Leary | 1# $100,000 for 33% equity 2# $125,000 for 33% equity 3# $150,000 for 33% equity | N/A | No |
| Daymond John | 1# $100,000 for 20% equity 2# $100,000 for 17.5% equity 3# $100,000 for 15% equity, option to buy 15% more for $100,000 | N/A | Yes |
| Mark Cuban | Out | N/A | N/A |
Three Jerks Jerky Shark Tank pitch
Daniel and Jordan loved good food. However, they noticed that most beef jerky brands used low-quality meat. They wanted to create a better product. This idea led them to start Three Jerks Jerky.
Their journey was not easy. Filet mignon is expensive. This made their jerky more costly to produce. They struggled to find a co-packer who could handle their unique needs. Despite these challenges, they stayed committed to their vision. They wanted to give customers a high-quality and delicious snack.
Daniel and Jordan came to Shark Tank with a clear goal. They wanted $100,000 for 15% equity in their company. They explained how their jerky is made from filet mignon. This is the most tender and flavorful part of the cow.
The duo showcased three flavors of jerky. Each bag costs $3.20 to make and sells for $11.99. They shared that they had already made $350,000 in sales. But they needed the sharks’ help to grow bigger. They wanted to solve their supply chain issues and get into national stores. Keep reading our Three Jerks Jerky update to see what happens next!
The sharks had many questions. Here’s what they asked and how the founders responded:
Kevin O’Leary: Why is the jerky so expensive? Daniel explained that filet mignon is a premium cut of meat. This makes the jerky costlier to produce.
Robert Herjavec: Can you reduce the price to reach more customers? Jordan said they wanted to stay a premium brand. Lowering the price might hurt their image.
Lori Greiner: What’s stopping you from growing faster? The founders explained their issues with bulk buying and co-packing.
Daymond John: How active do you want a partner to be? They said they needed guidance and connections to grow.
Each shark reacted differently to the pitch:
Kevin O’Leary: He liked the product but thought the equity was too small. He offered $100,000 for 33% equity. He later increased it to $150,000 by 33%.
Robert Herjavec: He appreciated their dedication. He offered $100,000 for 20% equity.
Lori Greiner: She loved the taste and made the same offer as Robert – $100,000 for 20%.
Daymond John: Daymond John believed in the premium brand. He offered $100,000 for 15% equity. He also added an option for another $100,000 for 15% more equity.
Mark Cuban: Mark did not like the competitive nature of the jerky market. He decided not to make an offer.
Daniel and Jordan accepted Daymond’s deal. They felt he was the best fit for their vision.
Product Availability
From our Three Jerks Jerky update research, Three Jerks Jerky is still available for purchase. Their jerky comes in three unique flavors. It is made from high-quality filet mignon.
You can buy their jerky from their official website. It is also available in many stores across the U.S. The price remains premium, reflecting the quality of the product.
Conclusion
Three Jerks Jerky started with a simple idea. They wanted to make the best beef jerky using the best meat. Their journey on Shark Tank helped them achieve their goals. They partnered with Daymond John and scaled their business.
Today, the company is thriving. With annual sales of $4 million, they continue to delight jerky lovers. Stay tuned for more updates on their journey.
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.
