Whatever Happened To Flasky Flowers After Shark Tank?
The entrepreneurs on "Shark Tank" have to be ready to go through insurmountable odds if they hope to fulfill their business dreams. And for some of these determined individuals, the sacrifices they must make are almost too scary to imagine. There's almost no better example of this than Kelly and Ryan Moynihan. The married couple developed Flasky Flowers, a nifty wedding bouquet that doubles as a beverage container. The idea came to Kelly after she noticed that women at weddings would often ask others to hold their drink while taking photos with their bouquets.
The Moynihans appeared on "Shark Tank" Episode 3 of Season 13, looking to get a $50,000 investment in return for a 10% stake in their company. While the business amuses the sharks, it is the couple's story that most intrigues. The Moynihans have put nearly everything on the line for their business, from selling their home and quitting their jobs to putting $60,000 into the company — all while having seven kids to take care of. Several difficulties, including their seventh child needing open heart surgery and the COVID-19 pandemic, put their plans on hold, but they feel now it is time to go, as they have earned $21,000 to date. In an unexpected move, the couple gets a deal from perhaps the three best sharks on the show – Lori Greiner, Mark Cuban, and Kevin O' Leary — with a deal offering $75,000 for 30% of the company. Since the deal was made, Flasky Flowers' sales have grown — but have they truly blossomed?
Flasky Flowers hasn't sprouted much as of yet
While many might assume that an entrepreneur's troubles are all over after getting a deal on "Shark Tank" — especially with that fabled "Shark Tank" effect at play — this is far from the case. According to a poll conducted by Forbes talking to select entrepreneurs from the show's first seven seasons, 43% of the show's participants never had their deals go through, while another 30% had their deal changed following the episode, and only 27% had their deal stay the same. Only a few "Shark Tank" products go on to great success, and the chances of a shark choosing to change their offer or an entrepreneur having a different mindset is not uncommon. And with Flasky Flowers having three investors on board, those chances can heighten.
At this moment, it's unknown if the deal with the sharks closed or not, although the business is not listed on the sites of any of its investors, which seems telling. However, the company still seems to be running, with their products being sold on their website and Etsy. Flasky Flowers sales are strong-ish; over 500 people have bought it off Etsy. But beyond that, little detail is known. Since airing, the price for the bouquet has gone up from $20 to $25, with free shipping on orders of $100 or more. This is promising, as is the fact that Flasky Flowers reviews are generally very good. However, while they have a presence on social media — with accounts on Instagram, Facebook, and TikTok – they haven't posted anything related to their business since mid-2023, which doesn't seem to be a great sign. Hopefully, with as much as the Moynihans sacrificed to see their dream come true, Flasky Flowers will hit its stride in the near future.