Flag

Savannah Cowley and Samuel Agboola seek and investment in Flag, their free photo printing app, in Shark Tank episode 823. The app ships free, high quality photo prints to “customers,” but the photos have advertisements on the back. They claim the photo paper is higher quality than what others offer, and it's still free.

Flag got started back in February, 2014 with a successfully funded Kickstarter campaign that raised $169,187. Since then, there were numerous delays in rolling out the final product. The app finally launched in June, 2016 – more than two years after the Kickstarter funded.

To make the model work, they needed advertisers. So far, they have over 1,500 paying advertisers including  SquareSpace and VISA. In exchange for free photo prints, users have an ad on the back of their photo. It's literally an ad nobody will throw away. Flag doesn't sell names, addresses, or any other kind of user data, but they do share your photo’s EXIF data, zip code, and the contents of your photo with advertisers. Presumably, they can estimate your income, interests, and where you spend your free time.

They likely need cash to roll out their launch more extensively. Will a Shark take a flyer on this business?

Flag Shark Tank Recap

Savannah and Samuel will pitch the panel of five Sharks on the business and its prospects for growth. They’ll need to convince Mark Cuban, Barbara Corcoran, Kevin O’Leary, Lori Grenier, and Chris Sacca that the company is worthy of a Shark investment. A good business plan, good financials, and sales data will impress the Sharks, but they’ll need to show them THEY are capable of running the company to “Shark standards.” A full pitch re-cap on Flag will be available on Shark Tank Blog once this episode airs.

Flag Shark Tank Update

The Shark Tank Blog constantly provides updates and follow-ups about entrepreneurs who have appeared on the Shark Tank TV show. Once an episode has aired, we monitor the progress of the businesses featured, whether they receive funding or not and report on their progress. The Shark Tank Blog will follow-up on Flag & Savannah Cowley and Samuel Agboola  as more details become available.

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