When Whitney and Chaz Gates' annual sales more than quadrupled in less than a year, they credited their lead investor: Mark Cuban.
On Friday's episode of ABC's "Shark Tank," the husband-and-wife duo said that Wondry, their Black-owned wine label, brought in $1.1 million in revenue over the previous 11 months.
At the time, the couple's pitch landed them $225,000 of Cuban's money in exchange for 15% of the Dallas-based company.
"Before 'Shark Tank,' we were just a local Texas business," said Whitney, Wondry's CEO.
Here's how Cuban's $225,000 turned into $1.1 million in sales, according to the Gateses.
Persons:
Whitney, Chaz Gates, Mark Cuban, Wondry
Locations:
Dallas, Texas