Honey and alcohol may not sound like a natural pair, but Bee D'Vine certainly enticed "Shark Tank" investors. However, did it live up to its considerable hype?
Every year during the weekend which follows the Thanksgiving holiday, retailers generate billions of dollars in revenue. Sadly, Black-owned businesses are not as well supported.
Bee D’Vine: What Happened To Honey Wine After $750,000 Shark Tank Deal
Ethiopian-born entrepreneur
Bee D’Vine on Season 12 of
Shark Tank. He went into the Tank seeking an investment of $750,000 in exchange for 20 percent equity. He accepted $750,000 for 40 percent from four Sharks (each get ten percent):
Mark Cuban, Lori Greiner, guest Shark Daniel Lubetzky (KIND Bars), and Robert Herjavec.
Shark Tank episode first aired in November 2020, Ayele told
Wine Spectator that with the investment secured, he hopes to give his wines “more ‘varietal’ typicity.” That means “producing distinct honey wines made exclusively from one kind of honey, made by bees consuming pollen from just one type of plant” and perhaps sourcing honey from new locales around the world including small farms in Ethiopia.