Entrepreneurs Allison Lin, Steve Atieh, and Kevin Atieh pitched their snack brand, Like Air Puffcorn, on Shark Tank during Season 15.
Like Air Puffcorn is a light, popcorn-like snack that melts in your mouth without the hassle of kernels.
The founders believe their product will be a hit with everyone, but the big question is—did they land a deal with the Sharks?
Get to know the details in our Like Air Puffcorn Shark Tank update and pitch recap…
If you’re short on time, here’s a quick overview of what happened to Like Air after Shark Tank:
Quick Summary
Allison Lin, Steve Atieh, and Kevin Atieh pitched their business on Season 15 of Shark Tank, securing a deal with Mark Cuban and Lori Greiner for $300,000 in exchange for 10% equity. As for the latest Like Air Shark Tank update, the company is still operating successfully, with their products now being sold in multiple retail stores as well as on Amazon.
Table of Contents
Like Air On Shark Tank
| Shark | Result |
| Mark Cuban and Lori Greiner | Accepted deal of $300,000 for 10% equity |
| Robert Herjavec | No Offer |
| Kevin O’Leary | No Offer |
| Barbara Corcoran | No Offer |
Like Air Shark Tank Deal
- Business: Snack Food Item
- Entrepreneurs: Allison Lin, Steve Atieh, and Kevin Atieh
- Asked For: $300,000 for 3.5%
- Shark Tank Deal: $300,000 for 10% equity
- Sharks: Mark Cuban and Lori Greiner
Like Air Company Info
| Brand Name | The Duo Umbrella |
| Official Website | shedrain.com |
| @likeairsnacks | |
| @likeairsnacks | |
| likeairsnacks | |
| Where To Buy Like Air Puffcorn | Buy Now On Amazon |
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Like Air Puffcorn Overview
Like Air Puffcorn is a snack that resembles popcorn but comes with a twist—it’s completely kernel-free, making it much easier to eat. Unlike regular popcorn, Like Air Puffcorn melts in your mouth, providing a unique texture and taste.
It’s a healthier alternative to traditional snacks, with each serving containing only 50 calories per cup. Plus, it’s gluten-free, non-GMO, and free of the top eight allergens, making it a popular choice for health-conscious snackers.
Available in four delicious flavors—Classic, White Cheddar, Cinnamon Bun, and Pancake—Like Air Puffcorn also stands out for its low sugar content. Its two sweet flavors have less than half the sugar of competing kettle corn brands.
These features have made Like Air Puffcorn a go-to snack for anyone looking for a tasty yet guilt-free option.
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Like Air Puffcorn Founders
The founders of Like Air Puffcorn, Steven Atieh, Kevin Atieh, and Allison Lin, are passionate about creating healthy, family-friendly snacks. They launched their company in New York City in 2020 with a mission to revolutionize better-for-you snacking, making it both nutritious and delicious.
As a family-run business, their goal is to offer a snack that people of all ages can enjoy, from 6 months to 106 years old. The founders pride themselves on Like Air’s unique Puffcorn, which boasts only 50 calories per cup and a delightful melt-in-your-mouth texture that outshines traditional popcorn by avoiding the hassle of hulls or kernels.
Co-founder Allison Lin, a busy mom of two young daughters, is especially thrilled to have created a school-safe snack that is gluten-free and made in a nut-free facility. Like Air Puffcorn contains no artificial ingredients, making it a simple and easily digestible snack that can be enjoyed by anyone, anywhere.
With their dedication to improving snacking without compromising on taste, the founders have built a brand that resonates with families and health-conscious consumers alike.
Like Air Puffcorn Shark Tank Pitch
Entrepreneurs Allison Lin, Steve Atieh, and their CFO Kevin Atieh appeared on Shark Tank Season 15 to pitch their innovative snack that had already gained significant traction in the snacking industry.
They had one clear mission in mind: to convince the Sharks that their popcorn-like snack, Like Air Puffcorn, was not only delicious but also a healthier alternative to traditional popcorn.
Allison and Steve explained that Like Air Puffcorn is made with non-GMO corn, is completely gluten-free, and contains no artificial ingredients. Furthermore, the snack is free of the top eight major allergens, making it accessible to a wide range of dietary needs.
At only 50 calories per cup, it provides a guilt-free snacking option for health-conscious consumers. The product comes in four distinct flavors: Classic, White Cheddar, Cinnamon Bun, and Pancake.
The entrepreneurs emphasized that their two sweet flavors, Cinnamon Bun and Pancake, contain less than half the sugar of the leading kettle corn brands on the market, adding another layer to their health-focused appeal.
Like Air Puffcorn Sales and Cost Breakdown
As the Sharks tasted the samples, Kevin O’Leary, notoriously hard to impress, made a bold statement: “It’s the best-tasting low-calorie snack we’ve had on Shark Tank in 15 years!” This praise set a high bar for the rest of the pitch.
The entrepreneurs then dove into the numbers. A bag of Like Air Puffcorn retails for $3.99, with a wholesale price of $2.50 and a production cost of $0.88. With these solid margins, they were confident in the scalability of the product.
Next, Steve shared some big news: they had just invested $2.5 million in their own dedicated production line at a new co-packer facility in Chicago, purchasing machinery that would streamline operations and support their growth.
In terms of capital raised, the company secured $800,000 in 2018 and recently raised another $3.5 million in a growth round.
The conversation shifted to sales, with Lori Greiner asking about past performance. The company’s trajectory was impressive:
- 2020: $100,000 in sales
- 2021: $2.5 million in sales
- 2022: Over $5 million in sales
- Projected sales for the year of filming: Over $10 million
These figures indicated that Like Air Puffcorn had already established a strong foothold in the market. The snack was available nationwide at Kroger stores, and the founders mentioned that they were actively working on securing a deal with Albertsons.
Sharks’ Reactions On Like Air Puffcorn Pitch
While the numbers and product quality impressed the Sharks, Mark Cuban raised a valid concern. He questioned why the entrepreneurs were seeking a Shark’s help when they had already achieved such significant sales.
He asked pointedly, “Is this just a commercial for your brand?” Allison explained that while they had seen great success, they were looking for strategic partners to help them open more doors and scale even further.
However, Mark wasn’t convinced. He believed that they could continue their growth without a Shark’s involvement, so he decided to pass on the opportunity.
Kevin O’Leary also bowed out, saying that the deal wasn’t compelling enough for him. He explained that with their sales volume and growth trajectory, he would only be interested if they offered a higher stake. He stated, “I don’t get out of bed for 3.5%.”
Barbara Corcoran, though intrigued by the brand, decided against investing as well. She shared a cautionary tale about her previous investment in Pipcorn, a similar popcorn brand.
Although the business initially performed well, her equity gradually diminished due to multiple rounds of fundraising. Barbara expressed concern that Like Air Puffcorn would face a similar situation and declined to invest for fear of repeating that experience.
Robert Herjavec echoed the other Sharks’ sentiments. He was more interested in deals that allowed him to make a bigger impact. At 3.5% equity, the stakes weren’t high enough for him, so he too opted out.
Like Air Shark Tank Deal
Despite the initial setbacks, Lori Greiner saw potential in the product and its founders. She made an offer: $300,000 for 7.5% non-dilutable equity. This was a crucial moment in the pitch, as it was the first real offer on the table.
Steve, always looking for the best deal, countered with an offer of 7.5% dilutable equity, asking Lori to adjust her offer.
Lori, however, wasn’t ready to budge on the equity structure. Instead, she proposed 10% dilutable equity.
At this point, Steve turned to Mark Cuban, asking if he would be willing to join Lori in the deal. In a surprising turn, Mark agreed to partner with Lori.
This gave the entrepreneurs the confidence they needed, and they accepted the deal: $300,000 for 10% equity split between Lori and Mark.
The deal was a win-win for both parties. The founders of Like Air Puffcorn secured the expertise and connections of two seasoned Sharks.
On the other hand, Lori and Mark gained a stake in a fast-growing, health-conscious snack brand that had already proven its market viability.
So, what happened to Like Air Puffcorn after Shark Tank? Keep reading our in-depth analysis on Like Air Shark Tank Update to find it out.
Like Air Puffcorn Shark Tank Update
Based on our in-depth analysis on Like Air Shark Tank Update, we can say that the company has continued to see impressive growth Since their appearance on Shark Tank.
While the founders couldn’t disclose exact sales numbers, they reported a “positive impact from the show,” especially in terms of new retail partnerships.
The exposure from Shark Tank helped them expand their footprint in stores across all 50 states, including prominent chains like Meijer, HEB, ShopRite, and Wegmans.
One of the key milestones in their post-Shark Tank journey was the launch of 100-calorie single-serve bags, available for purchase directly from their revamped website.
This move caters to individual snackers and opens up new sales channels through e-commerce. The trio has been working hard to increase their direct-to-consumer sales, while also strengthening their retail presence.
Steven Atieh shared that the collaboration with Lori Greiner and Mark Cuban has been encouraging. The Sharks’ expertise and connections have helped them navigate the complexities of scaling their business while maintaining product quality and brand integrity.
Like Air Puffcorn Net Worth
As of their appearance on Shark Tank, Like Air Puffcorn was valued at an impressive $3 million, following their negotiation with Mark Cuban and Lori Greiner. The founders, Steven Atieh, Kevin Atieh, and Allison Lin, secured a deal of $300,000 for 10% equity, reflecting the company’s significant growth and market potential.
With their annual sales projected to surpass $10 million by the end of 2022, the company’s valuation highlights the strong demand for their unique and healthy snacking product.
Like Air Puffcorn has seen rapid growth since its launch in 2020, fueled by national retail partnerships with stores like Kroger and Meijer, and investments in their production infrastructure.
Their ability to scale quickly, paired with their innovative product offering, positions the company for further expansion and a rising net worth as they continue to capture more of the healthy snacking market.
Did Like Air Puffcorn Get A Deal On Shark Tank?
Yes, Like Air Puffcorn successfully secured a deal on Shark Tank.
The founders, Allison Lin, Steven Atieh, and Kevin Atieh, pitched their innovative snack to the sharks and managed to capture the attention of Lori Greiner and Mark Cuban.
Initially, they asked for $300,000 in exchange for 3.5% equity in the company, but after some intense negotiations, they ended up agreeing to a deal for $300,000 in exchange for 10% dilutable equity.
Lori was initially offering a non-dilutable 7.5% equity, but the deal evolved as the founders asked for Mark Cuban’s involvement.
The pitch included impressive numbers, such as $100,000 in sales in 2020, $2.5 million in 2021, and projections to exceed $10 million in 2022. Despite some skepticism from the sharks, especially Mark Cuban, who felt they didn’t need a shark’s help, Lori and Mark ultimately partnered with the founders.
This collaboration is expected to help Like Air Puffcorn expand its retail presence and further boost its sales.
Like Air Puffcorn Reviews
Like Air Puffcorn has garnered positive reviews for its unique texture and healthy attributes. Many consumers appreciate the melt-in-your-mouth experience and the fact that the snack is free of hulls and kernels, which makes it a perfect alternative to traditional popcorn.
Health-conscious buyers also love that it’s only 50 calories per cup, and comes in a variety of flavors like Classic, White Cheddar, and Cinnamon Bun, offering a deliciously guilt-free snack option.
Customers particularly highlight the absence of artificial ingredients, preservatives, and gluten, making it suitable for a wide range of dietary preferences.
In addition to its health benefits, reviewers rave about the snack’s convenience and versatility.
Like Air Puffcorn has quickly become a favorite for families, especially for parents looking for a school-safe snack that kids enjoy. The brand’s commitment to creating a product that’s both nutritious and enjoyable has earned it a loyal following, with many consumers praising the taste and the fact that it’s easy to digest.
Whether for a quick snack at home, a lunchbox treat, or a light snack on the go, Like Air Puffcorn has made a lasting impression on its fans.
Where To Buy Like Air Puffcorn?
If you’re eager to try Like Air Puffcorn for yourself, the good news is that it’s widely available. You can purchase their products from major retailers like Kroger, Meijer, and HEB, as well as several regional grocery chains.
Additionally, you can now order directly from the Like Air Puffcorn website, where the company offers promotions and limited-time deals on their new single-serve bags.
At the same item, Like Air Puffcorn is also available on Amazon which makes it even easier for you to place order online.
With the expansion of their retail presence and a growing online store, Like Air Puffcorn is quickly becoming a household name in the healthy snack market. Their goal of bringing a delicious yet health-conscious snack to the masses is well underway.
Our Prediction For Like Air Puffcorn Future
In the Shark Tank Show, the Like Air Puffcorn pitch exemplified a well-prepared presentation with robust numbers to back it up. Although several Sharks were hesitant due to the company’s existing success, Lori and Mark saw potential beyond the immediate numbers and decided to invest.
The negotiations highlighted the importance of strategic partnerships and how aligning with the right investors can accelerate growth, even for a business already on a successful trajectory.
The future of Like Air Puffcorn looks incredibly promising with Lori and Mark on board, and the company’s founders left the tank with more than just an investment—they left with partners who believed in their vision.
FAQs On Like Air Shark Tank Update
Who Owns Like Air Popcorn?
Like Air Puffcorn is owned by its co-founders Steven Atieh, Kevin Atieh, and Allison Lin. The family-run business was launched in 2020 with the goal of creating a healthier, more enjoyable alternative to traditional popcorn.
What Happened To Like Air Puffcorn After Shark Tank?
After appearing on Shark Tank, Like Air Puffcorn saw significant growth, benefiting from increased retail partnerships and direct sales through their revamped website.
The founders, Allison Lin, Steven Atieh, and Kevin Atieh, successfully secured a deal with Mark Cuban and Lori Greiner, which helped expand their presence in stores across the U.S.
The brand continues to thrive with widespread availability at major retailers like Kroger, Meijer, and HEB.
Did Like Air Puffcorn Get A Deal On Shark Tank?
Yes, Like Air Puffcorn secured a deal on Shark Tank. They accepted an offer from Lori Greiner and Mark Cuban for $300,000 in exchange for 10% equity in the company. The entrepreneurs and the sharks agreed on a dilutable equity stake after some negotiation.
Is Like Air Popcorn Still In Business?
Yes, Like Air Puffcorn is still in business and continues to grow. Since appearing on Shark Tank, the company has expanded its retail presence across the U.S., with products available in stores like Kroger, Meijer, and HEB.
Also, the company has seen positive impacts from the show, including increased sales and new partnerships.
Conclusion: Like Air After Shark Tank
According to our analysis on Like Air Shark Tank Update: The Like Air Puffcorn journey is a true Shark Tank success story.
From a simple idea of creating a better-for-you popcorn alternative to securing a deal with two Sharks, the company’s growth has been impressive.
With sales booming and new opportunities on the horizon, it’s clear that Like Air Puffcorn has tapped into a lucrative market.
For health-conscious snackers or anyone looking to try a new, tasty treat, Like Air Puffcorn offers a delightful and guilt-free experience. Keep an eye on this brand as they continue to grow and innovate in the world of snacks.
Want to learn more? Visit the Like Air Puffcorn website to explore their products and stay updated on their latest developments.
FYI, we may come up with the another Like Air Puffcorn Shark Tank Update once we get any inside news.
In the meantime, you can check out more Company Updates on Shark Tank Season 15 Episode 11 by clicking on the links below:
- The Table Tyke After Shark Tank Update
- Poplight After Shark Tank Update
- The Duo After Shark Tank Update
Before you go, make sure to visit our Season 15 Company Updates Page, All Company Updates Page and Shark Tank All Products Page for more information on various companies and products featured in the Show.
At the same time, you can FOLLOW our blog to get the latest updates on businesses featured in Shark Tank Show. And, if you have any questions, you can send us message at your convenience.
Lastly, you can check out more Company Updates for the businesses featured in Shark Tank Season 14 by visiting our Season 14 Company Updates Page.
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