Charles Nick and Taylor Minor hope to ride the waves in the Tank when they pitch Third Wave Water in Shark Tank episode 906. Third Wave Water is a “mineralization capsule” to add to water to make coffee taste better. They recommend starting with reverse osmosis filtered or distilled water (which has no minerals). Adding one of the capsules to a gallon of water adds a “magical balance of calcium, magnesium and sodium” that makes coffee taste better.
Charles and Taylor both have tech backgrounds. They also owned coffee shops. Taylor perfected his “water blend” in his shop and Charles wanted to duplicate it. That's when they decided to create Third Wave Water capsules. They got their start with a successful Kickstarter campaign that raised $26,795 in January, 2017.
The capsules come in two flavors: “classic style” and “espresso style.” A packet of 12 capsules that each treats one gallon of water costs $15. The five gallon capsules cost $25 for 12. It scrubs out to a bit less than ten cents per cup of coffee. Several online reviews scoffed at the idea of dehydrated water while others declared it brought “a small amount of joy” to coffee. What will the Sharks think of this water in their Tank?
Third Wave Water Company Information
Posts about Third Wave Water on Shark Tank Blog
Third Wave Water Shark Tank Recap
Charles and Taylor 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 Robert Herjavec 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 Third Wave Water will be available on Shark Tank Blog once this episode airs.
Third Wave Water 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 Third Wave Water & Charles Nick and Taylor Minor as more details become available.