Cave Shake Net Worth 2021

Cave Shake is a nutritional diet that is free of dairy, sugar, gluten, and grains. The product is made with coconut milk and is meant to be consumed as a meal replacement or as a snack. It also contains MCTs, which are great fuel sources for the body. This makes the drink low in calories and a perfect addition to a workout.

Cave Shake was created in 2015 by Billie Cavallaro and Holly Heath. Initially, the product was available only in California. However, it was later re-branded and distributed throughout the country. In 2017, Cave Shake’s sales were estimated at $270,000. By 2018, the product was sold for $7.99 a jar.

During its appearance on Shark Tank, Cave Shake drew the attention of Charles Barkley, an Olympic gold medalist. He offered to invest $250,000 for 20% equity in the company. Despite the offer, however, the Sharks weren’t sure about the business potential of the product.

Charles Barkley was interested in investing in Cave Shake, but he said he wanted to invest in good people. At one point, he asked whether the drink included all of the energy components that are necessary to help the body stay energized. While he liked the product, he questioned if it contained all of the nutrients needed for a person to have a full day’s worth of energy.

Initially, the founders of Cave Shake were only interested in having their drink stocked at health food stores in the Southern California area. But they were able to make a deal with a beverage incubator called LA Libations. They were provided with shelf space in Whole Foods Market, which helped them get off the ground. After Shark Tank, Cave Shake changed its name to Space Shake.

The founders of Cave Shake, Billie Cavallaro and Holly Hoth, are both vegan and paleo. They are committed to keeping the product healthy. They have a social media following of over 21,000 followers. Their product is available on Amazon and Instagram. As of 2022, the company has a net worth of $5 million.

Founders Billie Cavallaro and Holly Hardh wanted to make a deal with Charles Barkley in order to make Cave Shake a success. They were confident that a partnership with the athlete community would help the product reach a wider audience. The couple hoped that by the end of the year, the company would see sales of at least $750,000.

Charles Barkley offered to invest $250,000 for 20% of the company, but the Sharks weren’t convinced. Kevin O’Leary, Robert Herjavec, and Mark Cuban all balked at the deal. The founders, however, challenged Barkley to lower his equity. Ultimately, Barkley agreed to reduce his equity by 20%, which brought Cave Shake’s valuation up to $1.25 million.

Even though the Sharks weren’t impressed with the deal, it is possible that Cave Shake may be worth more than Barkley’s investment. With a higher sales volume and a more robust market, the product could have a larger impact on the industry.