Coco Taps Booms After Shark Tank Despite No Deal
Coco Taps, an eco-friendly company aiming to provide a sustainable way to consume coconut water, gained popularity after appearing on Shark Tank. The company, founded by Vincent Zaldivar, also known as Coco Vinny, is still in business, selling products on their website and Amazon.
Vincent pitched Coco Taps on Shark Tank, seeking a $150,000 investment in exchange for a 10% ownership stake. Despite his pitch, he did not secure a deal with the Sharks, walking away without an investment. However, this did not hinder the company's growth.
Coco Taps offers a Coconut Tool Kit for Home, which includes a stainless steel hand drill tapper and reusable tabs for resealing fresh coconut water. This allows users to tap into coconuts without using heavy tools, reducing waste and spills. The company also sells Coco Masks, with 20% of the revenue from mask sales donated to Therapy for Black Girls.
Coconut water, a healthy and refreshing drink that provides natural electrolytes and promotes blood circulation and skin health, is often sold in cartons, cans, and plastic bottles, contributing to environmental pollution and harming animals and their habitats. Coco Taps aims to reduce this environmental impact by providing a sustainable way to enjoy coconut water.
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