St. Olaf alumna dives into entrepreneurial ‘Shark Tank’


St. Olaf alumna dives into entrepreneurial ‘Shark Tank’


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.

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Ken 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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- - Volume: 6 - WEEK: 48 Date: 11/26/2018 10:27:01 AM -