St. Olaf College alumna Kate Tecku Field ’10 pitched her business venture, The Kombucha Shop, on a recent episode of ABC’s popular reality show Shark Tank. The show invites entrepreneurs to pitch their business ideas to a panel of well-known “shark” investors who then decide whether to invest as business partners. Field asked the sharks for $350,000 in exchange for 10 percent equity in The Kombucha Shop, which sells kits to brew the fermented tea beverage kombucha at home. Each kit costs $49 and includes the ingredients and equipment to brew the drink, which is made from green or black tea and is known for its health benefits. In a recent profile, the Wisconsin State Journal noted that it’s the No. 1 best-selling kombucha brewing kit in the world. ...moreKen Notes: Imaging an area for Organic, Natural, Farm to Table, Heritage, Small Batch, Small Farm, Local Wisconsin Products marketed to the world. The abandoned Oscar Meyer plan is just sitting there!!! | ||
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