Cousins Maine Lobster Founders Reveal the Reality of Shark Tank Success

Cousins Maine Lobster Founders Reveal the Reality of Shark Tank Success
Cousins Maine Lobster co-founders Sabin Lomac and Jim Tselikis recently pulled back the curtain on the realities of appearing on Shark Tank, explaining that while the massive exposure and commercial success are real, the intense boost does not always translate smoothly to immediate bottom-line profitability.
The seafood brand launched in Los Angeles in 2011 and secured a $55,000 investment from Barbara Corcoran in exchange for a 15% equity stake, propelling the business into a nationally recognized franchise.