Talbott Teas is a Chicago based gourmettea company owned by Jamba Juice. The company has a net profit of about $10 million. Owners Talbott and Nakisher appeared on Shark Tank, accepting a 35% equity deal with Kevin O'Leary.[1]
Company history
Talbott Teas was founded in 2003 by Shane Talbott and Dr. Steven Nakisher.[2] Shane Talbott spent more than 20 years in the salon and spa industry and has served as Oprah Winfrey’s personal hair colorist for 10 years. Dr. Steven Nakisher is a psychologist and entrepreneur.
Nakisher and Talbott appeared on Shark Tank in February 2011, receiving an investment of $250,000 for a 35 percent stake in their company from Kevin O'Leary.[1][6] Subsequently, Talbott Teas was purchased by Jamba Juice in 2012.[6]