Product Update
Is The Drip Drop Still in Business? (2026 Update)
Is The Drip Drop from Shark Tank still around in 2026? Its on-air agreement, what happened afterward, and current ordering options.
The Drip Drop had one of the more sympathetic backstories in Shark Tank history: two teenage entrepreneurs, Sam Nassif and Oliver Greenwald, pitching an edible ring meant to catch ice cream drips before they hit your hand. Barbara Corcoran liked it enough to make a deal on air. What happened after is a reminder that a handshake on television and a closed investment are two very different things.
The Short Answer
No, The Drip Drop is no longer in business. Shark Tank Archive and multiple other trackers confirm the company shut down after its Shark Tank appearance, and there is no active storefront or retail listing for the product today.
This is one of the clearer cases of a deal that looked great in the studio and then fell apart before it could actually fund the business.
The Shark Tank Pitch
The Drip Drop appeared in Season 7, Episode 25, based out of Colorado. Teenage founders Sam Nassif and Oliver Greenwald pitched an edible ring designed to fit around an ice cream cone and catch drips before they reached the eater's hand, a simple, kid-friendly novelty aimed at the food and drink category.
The founders asked for 50,000 dollars in exchange for 20 percent of the company.
The Deal That Got Done
Barbara Corcoran made the deal on air, but not at the terms pitched. She agreed to the 50,000 dollars, taking roughly 33.3 percent equity instead of the 20 percent originally offered, a substantial jump in ownership for two teenage founders to give up.
According to Food Republic, the deal fell apart after the episode aired, for reasons that were never publicly disclosed by either side. That is a harder outcome for young, first-time founders than for a seasoned operator, since there was no backup plan or existing customer base to fall back on while the investment collapsed.
The Drip Drop net worth in 2026
There is no net worth figure for The Drip Drop in 2026, credible or otherwise. The company is no longer operating, so there is nothing to value. Any number attached to this brand on a tracking site would necessarily be describing a business that stopped existing years ago, not a current figure, and none should be treated as current.
A Deal That Fell Apart, and a Kickstarter That Could Not Save It
What separates The Drip Drop's story from a simple ghosting is that the founders did try to keep going without Corcoran's money. According to Food Republic and Shark Tank Archive, after the on-air deal collapsed, Nassif and Greenwald turned to Kickstarter to try to raise the capital themselves and keep the product alive on their own terms.
That is a genuinely gutsy move for teenage founders who had just watched their television investment evaporate, but it was not enough. Food manufacturing, even for a simple novelty item like an edible cone ring, requires production capital, food safety compliance, and distribution infrastructure that a crowdfunding campaign alone rarely covers for a company that size. The business ultimately did not survive past that point.
The lack of publicly disclosed reasons for why the deal fell through is itself telling. Shark Tank companies with amicable, explainable deal collapses, a valuation disagreement, a due diligence issue, tend to have founders who talk about it afterward. Silence on the reason, paired with a failed rescue attempt, points to a deal that simply did not work out and a young team that could not bridge the gap alone.
Where Things Stand Now
The Drip Drop pitched in Season 7 out of Colorado, with teenage founders Sam Nassif and Oliver Greenwald asking for 50,000 dollars at a 20 percent stake, and Barbara Corcoran agreeing to the same investment for roughly 33.3 percent on air.
The deal fell apart after the episode aired for undisclosed reasons, and a subsequent Kickstarter campaign was not enough to keep the business running. The Drip Drop is not sold anywhere today. If you remember the idea fondly from the episode, that ice cream ring is one of the show's pitches that did not make it past its first year or two after the deal collapsed.
Recorded pitch result
Recorded on-air deal
- $50,000 recorded amount
- 33.3% equity
- With Barbara Corcoran
These are the recorded on-air terms. The pitch fields do not confirm completed funding; a company update may report later closing, changed terms or a deal that fell through.
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See the full The Drip Drop pitch breakdown and reported terms →
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