Representation
L Catterton
Kodiak Cakes
The Utah pancake mix brand that turned down a Shark Tank offer in 2014 and says it passed $50 million in sales by 2017.
1982-Present
Years Active
1 Hit
Commercial Wins
Hit vs Flop Analysis
2014 · Joel Clark told Entrepreneur in 2018 that sales went from about $2.5 million the year before the show to over $50 million in 2017. These are his own figures, not audited. Wikipedia gives different years for the early numbers. [source]
Career Momentum Index
RISINGMyCelebLife's own score, built from dated career events, hits, flops and controversies on this page. It is not an industry figure.
Kodiak Cakes in 30 Seconds
- check_circleWikipedia says the brand was founded in 1982 as a family business.
- check_circleJoel Clark took over the business in 1997, according to his interview with Entrepreneur.
- check_circleAppeared on Shark Tank in 2014 and did not make a deal. Season and episode number are not given in the sources we read.
- check_circleClark told Entrepreneur that 2017 sales were over $50 million. This is a self-reported figure.
- check_circleWikipedia says L Catterton acquired a majority stake in May 2021.
Career Milestones
Brand founded as a family business
Per Wikipedia.
Joel Clark takes over the business
Clark's account in Entrepreneur.
Appears on Shark Tank and turns down the offer
Both sources say no deal was made. Season and episode are not stated.
L Catterton takes a majority stake
May 2021, per Wikipedia. Underlying source not read.
Key Collaborators & Relationships
L Catterton
agency · Private equity firm that took a majority stake in May 2021, according to Wikipedia. We did not read the source Wikipedia cites.
Frequently Asked Questions
Did Kodiak Cakes get a deal on Shark Tank?expand_more
No. Wikipedia says the company declined to make a deal, and Joel Clark told Entrepreneur they rejected an offer.
Who runs Kodiak Cakes?expand_more
Joel Clark, who says he took over the business in 1997. Cameron Smith joined as chief operating officer in 2009.
When was Kodiak Cakes founded?expand_more
Wikipedia says 1982, as a family brand. Entrepreneur does not give a founding year.
How much does Kodiak Cakes make?expand_more
Clark told Entrepreneur in 2018 that 2017 sales were over $50 million. That is a self-reported figure and we have not seen audited numbers.
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